Milwaukee Science Education Consortium Inc

Analysis

Milwaukee Science Education Consortium Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Milwaukee Science Education Consortium Inc reported income of $22.9m and spending of $23.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.8m to $22.9m (+94%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milwaukee Science Education Consortium Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include The Hagedorn Little Village School ($22.9m), Central Jersey College Preparatory Charter School ($22.9m) and Aspiras Bilingual Cyber Charter School ($22.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $310k (1.3% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $31.8m against liabilities of $22.8m, net assets of $9.0m. It reported 224 employees.