Milwaukee Artist Resource Network

Analysis

Milwaukee Artist Resource Network is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Milwaukee Artist Resource Network reported income of $219k and spending of $1.2m, spending 528% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $219k (-93%), an average of -49% a year. The sharpest change came in the year to December 2021, when income dropped by 92%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Milwaukee Artist Resource Network sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Front Porch Theatricals ($219k), Jain Society of Oregon and SW Washington ($219k) and Ukrainian American Educational Center of Boston Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (7.9% of expenses). Other salaries and wages came to $420k. At year end it held assets of $1.5m against liabilities of $7,256, net assets of $1.5m. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.