African American Leadership Alliance - Milwaukee Inc

Analysis

African American Leadership Alliance - Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 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, African American Leadership Alliance - Milwaukee Inc reported income of $1.2m and spending of $1.0m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $1.2m (+418%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 357%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African American Leadership Alliance - Milwaukee Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Japanese Language School of Greater Boston Inc ($1.2m), Boise Contemporary Theater Inc ($1.2m) and Hyde Park School of Dance ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $188k (18% of expenses). Other salaries and wages came to $192k. At year end it held assets of $740k against liabilities of $144k, net assets of $597k. It reported 5 employees.