Muskies Inc

Analysis

Muskies Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Muskies Inc reported income of $233k and spending of $234k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $233k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Muskies Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Triadelphia Volunteer Fire Department Inc ($233k), Of Moving Colors Productions ($233k) and Little League Baseball Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. At year end it held assets of $321k against liabilities of $71k, net assets of $250k.