South Milwaukee Industrial Museum LLC

Analysis

South Milwaukee Industrial Museum LLC is a registered charity in United States, based in S Milwaukee, WI. It received its IRS tax-exemption ruling in March 2019, 7 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, South Milwaukee Industrial Museum LLC reported income of $103k and spending of $145k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.8m to $103k (-94%), an average of -94% a year. The sharpest change came in the year to December 2023, when income dropped by 94%. Over the whole period it spent 15% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Milwaukee Industrial Museum LLC sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within WI. Charities of a similar size with the same main cause include Stratford Historical Society ($103k), Asunaro ($103k) and Tampa Bay Area Committee on Foreign Relations Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.