Civic Music Association of Milwaukee

Analysis

Civic Music Association of Milwaukee is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 1971, 55 years ago. 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 June 2023, Civic Music Association of Milwaukee reported income of $190k and spending of $158k, spending 83% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $159k to $190k (+20%), an average of +9.4% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Civic Music Association of Milwaukee sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include American Society of Heating Refrigerating & A-C Engineers ($190k), Homeland Park Fire Department Inc ($190k) and Muirlands Foundation Inc ($190k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $55k (35% of expenses). At year end it held assets of $472k against liabilities of $2,525, net assets of $470k. It reported 1 employees.