Sculpture Milwaukee Inc

Analysis

Sculpture Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 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, Sculpture Milwaukee Inc reported income of $737k and spending of $1.0m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $737k (+285%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 542%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sculpture Milwaukee Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Utah Cultural Alliance Foundation ($737k), The Civilians Inc ($737k) and Bhutanese Community Association of Pittsburgh ($737k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $123k (12% of expenses). Other salaries and wages came to $286k. At year end it held assets of $297k against liabilities of $469k, net assets of -$172k. It reported 8 employees.