Milwaukee Preservation Alliance

Analysis

Milwaukee Preservation Alliance is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2010, 16 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 Preservation Alliance reported income of $411k and spending of $224k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $850k to $411k (-52%), an average of -17% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 100% 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 Preservation Alliance sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include German Village Society ($410k), Longmont Observer ($411k) and Salt Lake Choral Artists ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $69k (31% of expenses). Other salaries and wages came to $20k. At year end it held assets of $13.0m against liabilities of $12.3m, net assets of $644k. It reported 3 employees.