Milwaukee County War Memorial Inc
- Assets
- $13.3m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 22
- Location
- Milwaukee, WI
- Founding
- 11/1945
- Data as of
- 12/2022
- EIN
- 39-0985297
Organization Overview
Milwaukee County War Memorial Inc, operating under the name War Memorial Center, is located in Milwaukee, WI. The organization was established in 1945. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, War Memorial Center employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. War Memorial Center 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 12/2022, War Memorial Center generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 6.5% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH & MAINTAIN A PERMANENT MEMORIAL FOR THE RESIDENTS OF MILWAUKEE COUNTY WHO WERE OR ARE MEMBERS OF THE ARMED FORCES OF THE UNITED STATES OF AMERICA PARTICIPATING, OR WHO PARTICIPATED, IN ANY WAR, INCLUDING THE STUDY & ADOPTION OF PLANS THEREFORE, THE ERECTION & OPERATION & MAINTENANCE OF MONUMENTS, SUITABLE BUILDINGS, EDIFICES & GROUNDS AS MEMORIALS.
Describe the Organization's Program Activity:
THE WAR MEMORIAL CENTER (WMC) IS WISCONSIN'S MOST VISIBLE MEMORIAL TO ALL THOSE WHO HAVE SERVED IN THE U.S. ARMED SERVICES, AND IS COMMITTED TO FURTHERING A SINGLE, SOLEMN MISSION: "HONOR THE DEAD. SERVE THE LIVING."IN ADDITION TO THE BUILDING ITSELF STANDING AS A MEMORIAL, WMC HONORS THE DEAD THROUGH THE MEMORIALS AND EXHIBITS LOCATED THROUGHOUT THE CAMPUS. WMC SERVES THE LIVING THROUGH COMMUNITY WIDE EVENTS, EDUCATION PROGRAMS, AND SERVICES FOR VETERANS AND THEIR FAMILIES. WMC HOSTS COMMUNITY WIDE RECOGNITION EVENTS SUCH AS VETERANS DAY, MEMORIAL DAY, PURPLE HEART DAY, AND OTHERS DESIGNED TO INCREASE THE COMMUNITY'S AWARENESS OF OUR VETERANS' SERVICE. WMC'S EDUCATION PROGRAMS REACH MORE THAN 12,000 YOUTH AND COMMUNITY MEMBERS TEACHING ABOUT MILITARY SERVICE EXPERIENCES AND THE SACRIFICES OF THOSE SERVICE MEMBERS WHO DEFEND OUR FREEDOM. WMC SERVES AS A HUB FOR SERVICES AND EVENTS FOR OVER 50,000 AREA VETERANS AND THEIR FAMILIES AND CO-SPONSORS PROGRAMS COVERING ISSUES SUCH AS MENTAL HEALTH AND SUICIDE PREVENTION STATEWIDE TO OVER 100,000 INDIVIDUALS NEW TO WMC. WMC HAS AN AVERAGE OF 150,000 ANNUAL VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael W Grebe Chairman | OfficerTrustee | 5 | $0 |
Charles A Gordon Vice-Chairman | OfficerTrustee | 1 | $0 |
Mary B Read Secretary | OfficerTrustee | 2 | $0 |
Michael C Gibson Treasurer | OfficerTrustee | 1 | $0 |
Candee S Arndt Trustee | Trustee | 2 | $0 |
George F Banda Trustee (thru Jan) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Branigan Design And Construction Of Medal Of Hono | 12/30/22 | $202,500 |
Jim Held Advertising Reimbursement, Planning, And | 12/30/22 | $126,315 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $71,455 |
| Related organizations | $0 |
| Government grants | $611,971 |
| All other contributions, gifts, grants, and similar amounts not included above | $985,546 |
| Noncash contributions included in lines 1a–1f | $10,177 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,668,972 |
| Total Program Service Revenue | $0 |
| Investment income | $2,914 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $389,766 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,541 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $100 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,438,185 |
| 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. | $246,569 |
| Compensation of current officers, directors, key employees. | $142,785 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $498,338 |
| Pension plan accruals and contributions | $20,077 |
| Other employee benefits | $85,705 |
| Payroll taxes | $61,098 |
| Fees for services: Management | $10,428 |
| Fees for services: Legal | $2,772 |
| Fees for services: Accounting | $12,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,928 |
| Advertising and promotion | $237,428 |
| Office expenses | $107,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $299,672 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,027 |
| Interest | $62 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $568,238 |
| Insurance | $27,694 |
| All other expenses | $5,563 |
| Total functional expenses | $2,490,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,135 |
| Savings and temporary cash investments | $2,646,027 |
| Pledges and grants receivable | $72,985 |
| Accounts receivable, net | $8,522 |
| 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 | $44,514 |
| Net Land, buildings, and equipment | $10,486,201 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,075 |
| Total assets | $13,344,459 |
| Accounts payable and accrued expenses | $215,544 |
| Grants payable | $0 |
| Deferred revenue | $73,195 |
| 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 | $2,349 |
| Total liabilities | $291,088 |
| Net assets without donor restrictions | $12,789,315 |
| Net assets with donor restrictions | $264,056 |
| 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 | $13,344,459 |