Imagine Mke Inc

Analysis

Imagine Mke Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 2018, 8 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 June 2024, Imagine Mke Inc reported income of $486k and spending of $528k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $505k to $486k (-3.8%), an average of -0.8% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Imagine Mke Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Broadway Education Alliance Inc ($486k), Salt Pa ($486k) and Circus Education Specialists Inc ($486k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 23% of the total. Other salaries and wages came to $259k. At year end it held assets of $45k against liabilities of $9,977, net assets of $35k. It reported 4 employees.