Milwaukee Arts Partners Corporation
- Assets
- $126.2k
- Revenue
- $252.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Milwaukee, WI
- Founding
- 07/2009
- Data as of
- 06/2021
- EIN
- 20-8371530
Organization Overview
Milwaukee Arts Partners Corporation is located in Milwaukee, WI. The organization was established in 2009. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milwaukee Arts Partners Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Milwaukee Arts Partners Corporation generated $252.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $239.7k during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND MANAGE THE DATABASE FOR THE MILWAUKEE ARTS PARTNERS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SHARED USE OF THE DATABASE AS WELL AS THE TECHNICAL SUPPORT PROVIDED BY MAPS DATABASE MANAGER HAS PROVIDED EACH MEMBER GROUP WITH A MORE POWERFUL AND ROBUST CUSTOMER RELATIONSHIP MANAGEMENT SYSTEM THAT EACH ORGANIZATION COULD NOT AFFORD OR SUPPORT ON ITS OWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Bauman Director | OfficerTrustee | 1 | $0 |
Betsy Corry Secretary And Director | OfficerTrustee | 1 | $0 |
Jack Lemmon President | OfficerTrustee | 1 | $0 |
Anna Thompson Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $252,200 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $252,200 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $252,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,970 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,398 |
| Payroll taxes | $6,635 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $65,450 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,782 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $239,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,150 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,134 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,714 |
| Net Land, buildings, and equipment | $6,209 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $126,207 |
| Accounts payable and accrued expenses | $28,781 |
| Grants payable | $0 |
| Deferred revenue | $12,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,556 |
| Total liabilities | $64,337 |
| Net assets without donor restrictions | $61,870 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $126,207 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Public Media Group St Paul, MN | $192,023,056 | $29,866,747 |
Milwaukee Youth Arts Center Inc Milwaukee, WI | $19,493,020 | $1,487,635 |
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Arts Midwest Minneapolis, MN | $13,049,827 | $7,597,060 |
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Arts Partnership Saint Paul, MN | $39,537,439 | $5,290,504 |
Robert Allerton Trust Under Will Dated April 15 1964 Chicago, IL | $38,402,099 | $3,836,329 |
Gretchen C Valade Endownment For The Arts Grosse Pointe Farms, MI | $243,795 | $701,832 |
Ros Foundation Greenfield, WI | $30,196,896 | $3,469,836 |
Lithuanian Foundation Lemont, IL | $53,188,345 | $6,129,593 |
David C & Sarajean Ruttenberg Arts Foundation Chicago, IL | $0 | $66,826 |
Richard & Ellen Sandor Art Foundation Chicago, IL | $0 | $3,100 |