Milwaukee Symphony Orchestra Endowment Trust

Analysis

Milwaukee Symphony Orchestra Endowment Trust is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1966, 60 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Milwaukee Symphony Orchestra Endowment Trust reported income of $52k and spending of $94k, spending 181% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $51k to $52k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to August 2021, when income rose by 338%. Over the whole period it spent 219% 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 Symphony Orchestra Endowment Trust sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within WI. Charities of a similar size with the same main cause include Castlewood Historical Society ($52k), One Hundred Acres of Heritage Inc ($52k) and Foundation of the Flora of Virginia Project Inc ($52k).

At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.