Wisconsin Montessori Society Inc
- Assets
- $14.5m
- Revenue
- $7.7m
- Investments
- $856.9k
- Employees
- 111
- Location
- Milwaukee, WI
- Founding
- 01/1964
- Data as of
- 06/2024
- EIN
- 39-1016541
Organization Overview
Wisconsin Montessori Society Inc is located in Milwaukee, WI. The organization was established in 1964. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2024, Wisconsin Montessori Society Inc employed 111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Montessori Society Inc 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 06/2024, Wisconsin Montessori Society Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $6.4m during the year ending 06/2024. While expenses have increased by 4.8% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATING YOUNGSTERS TO BECOME AN INFORMED, COMMITTED, AND DIFFERENCE-MAKING GENERATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTESSORI SCHOOL AND DAY CARE PROGRAM - TAUGHT AND COUNSELED CHILDREN OF ALL AGES IN THE COMMON CLASSICAL BRANCHES OF LEARNING: PHILOSOPHY, RHETORIC, MUSIC, LANGUAGE, THE ARTS AND SCIENCES. MONTESSORI SCHOOL SERVES APPROXIMATELY 400 CHILDREN EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Ledger Trustee | Trustee | 0.25 | $0 |
Christian Walters Trustee | Trustee | 0.25 | $0 |
Will Loder Trustee | Trustee | 0.25 | $0 |
Mona Shah Trustee | Trustee | 0.25 | $0 |
Kathleen O'brien Vice President | Officer | 0.25 | $0 |
Monica Van Aken Head Of School | Officer | 50 | $208,461 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $746,079 |
| Noncash contributions included in lines 1a–1f | $6,882 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $746,079 |
| Total Program Service Revenue | $6,746,626 |
| Investment income | $160,041 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,481 |
| Net Income from Fundraising Events | $8,047 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,654,845 |
| 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. | $219,684 |
| Compensation of current officers, directors, key employees. | $31,303 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,434,095 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $577,468 |
| Payroll taxes | $269,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,630 |
| Fees for services: Accounting | $21,631 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,612 |
| Fees for services: Other | $41 |
| Advertising and promotion | $56,838 |
| Office expenses | $132,772 |
| Information technology | $0 |
| 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 | $177,846 |
| Interest | $50,024 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $433,272 |
| Insurance | $92,131 |
| All other expenses | $67,270 |
| Total functional expenses | $6,416,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,336,008 |
| Savings and temporary cash investments | $47,636 |
| Pledges and grants receivable | $229,068 |
| Accounts receivable, net | $67,254 |
| 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 | $65,468 |
| Net Land, buildings, and equipment | $8,942,195 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $856,881 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,544,510 |
| Accounts payable and accrued expenses | $399,603 |
| Grants payable | $0 |
| Deferred revenue | $720,614 |
| 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 | $1,428,917 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $47,636 |
| Total liabilities | $2,596,770 |
| Net assets without donor restrictions | $11,936,904 |
| Net assets with donor restrictions | $10,836 |
| 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 | $14,544,510 |