Milwaukee Tennis & Education Foundation Inc

Organization Overview

Milwaukee Tennis & Education Foundation Inc is located in Milwaukee, WI. The organization was established in 1979. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Milwaukee Tennis & Education Foundation Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milwaukee Tennis & Education Foundation 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 12/2021, Milwaukee Tennis & Education Foundation Inc generated $282.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $238.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE LIVES AND FUTURES OF MILWAUKEE'S YOUTH THROUGH TENNIS, EDUCATION AND MENTORING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROMOTES TENNIS IN THE STATE OF WISCONSIN, WHILE ALSO PROVIDING EDUCATIONAL TUTORING TO CHILDREN IN MILWAUKEE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$108,847
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$181,043
Noncash contributions included in lines 1a–1f $1,710
Total Revenue from Contributions, Gifts, Grants & Similar$289,890
Total Program Service Revenue$10,629
Investment income $360
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$18,407
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $282,472

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Milwaukee Tennis & Education Foundation Inc has recieved totaling $81,169.

Awarding OrganizationAmount
$43,500
Windhover Foundation Inc

Wilmington, DE

PURPOSE: CHARITABLE EVENT

$10,000
Windhover Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$10,000
Charles D Jacobus Family Foundation Inc

Milwaukee, WI

PURPOSE: SUPPORT FOR YOUTH DEVELOPMENT IN TENNIS

$7,500
Usta Midwest Tennis & Education Foundation Inc

Indianapolis, IN

PURPOSE: Program Grant

$5,500
Barbara And John Trimble Family Foundation Inc

Milwaukee, WI

PURPOSE: PROVIDES ACCESS TO TENNIS FOR CENTRAL-CITY CHILDREN.

$2,000
View Grant Recipient Profile

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