Milwaukee Parks Foundation

Analysis

Milwaukee Parks Foundation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Milwaukee Parks Foundation reported income of $1.6m and spending of $1.0m, leaving 35% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $501k to $1.6m (+217%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 988%. Over the whole period it spent 65% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Milwaukee Parks Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Edisto Island Open Land Trust Inc ($1.6m), Estes Valley Land Trust Inc ($1.6m) and The Ohio Water Environment Association ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $110k (11% of expenses). Other salaries and wages came to $149k. At year end it held assets of $1.2m against liabilities of $23k, net assets of $1.2m. It reported 3 employees.