Wisconsin Manufacturing Extension Partnership Inc

Analysis

Wisconsin Manufacturing Extension Partnership Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wisconsin Manufacturing Extension Partnership Inc reported income of $6.5m and spending of $6.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $6.5m (+8.2%), an average of +2.0% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisconsin Manufacturing Extension Partnership Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include CPLC Community Schools ($6.5m), Meor Inc ($6.5m) and Gem Prep Online LLC ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $621k (9.3% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $3.5m against liabilities of $1.4m, net assets of $2.1m. It reported 42 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.