Historic Haymarket Milwaukee I Inc

Analysis

Historic Haymarket Milwaukee I Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 2021, 5 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, Historic Haymarket Milwaukee I Inc reported income of $26.6m and spending of $5.0m, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $18.9m to $26.6m (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Haymarket Milwaukee I Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include The Joffrey Ballet ($26.5m), Marine Resources Development Foundation ($26.7m) and Detroit Public Media ($26.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $82k in professional fundraising fees. At year end it held assets of $51.9m against liabilities of $13.6m, net assets of $38.3m.