Manufacturing Diversity Institute Inc is located in Milwaukee, WI. The organization was established in 2014. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manufacturing Diversity Institute 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, Manufacturing Diversity Institute Inc generated $4.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (29.2%) each year. All expenses for the organization totaled $5.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (27.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE INNOVATION CAFE IS AN ON-RAMP PLATFORM FOR DIVERSEMANUFACTURING ENTREPRENEURIAL GRASSROOTS EFFORTS TO ACCESSINNOVATIVE AND CREATIVE IDEAS, INSIGHTS, AND POLICY PERSPECTIVES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Member | 5 | $0 | |
Deloris Sims Board Member | 5 | $0 | |
Alan Perlstein Board Member | 5 | $0 | |
Dorothy Walker Board Member | 5 | $0 | |
Ted Lasser Board Member | 5 | $0 | |
Kate Walker Board Member | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,750 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,750 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,463 |
Occupancy, rent, utilities, and maintenance | $3,150 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,006 |
Total expenses | $5,619 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,357 |
Other assets | $0 |
Total assets | $102,357 |
Total liabilities | $106,253 |
Net assets or fund balances | -$3,896 |
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