Mke Black Incorporated

Analysis

Mke Black Incorporated is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mke Black Incorporated reported income of $58k and spending of $108k, spending 186% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $58k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mke Black Incorporated sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Old Schoolhouse Players ($58k), Venice Heritage Inc ($58k) and Michigan Aerospace Foundation Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $4,602 against liabilities of $0, net assets of $4,602.