Milwaukee Gay Sports Network

Organization Overview

Milwaukee Gay Sports Network is located in Waukesha, WI. The organization was established in 2016. According to its NTEE Classification (R26) the organization is classified as: Lesbian & Gay Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milwaukee Gay Sports Network 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 Gay Sports Network generated $17.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $15.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (38.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MILWAUKEE GAY SPORTS NETWORK (MGSN) IS A NON-PROFIT CORPORATION AND SHALL BE OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1986, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. MGSN BELIEVES THAT THE ATHLETIC COMPETITION CAN BUILD INDIVIDUAL DEVELOPMENT WHILE STRENGTHENING THE COMMUNITY, AND THE MGSN'S PURPOSE IS TO PROMOTE ORGANIZED ATHLETIC GROUPS AND ACTIVITIES AMONGST THE LESBIAN, GAY, BISEXUAL AND TRANSGENDER (LGBT) COMMUNITY AND THEIR ALLIES IN THE GREATER MILWAUKEE AREA AND BEYOND. THE MGSN SHALL ALSO PROMOTE OR SUPPORT ORGANIZATIONS AND ASSOCIATIONS WORKING TO PROMOTE HEALTH AND WELL-BEING IN THE LGBT COMMUNITY.

Describe the Organization's Program Activity:

Part 3

NO PROGRAM SERVICES IN 2020 DUE TO COVID-19 RESTRICTIONS AND CANCELLATIONS


NO PROGRAM SERVICES IN 2020 DUE TO COVID-19 RESTRICTIONS AND CANCELLATIONS NO FUNDRAISING EVENTS IN 2020 DUE TO COVID-19 RESTRICTIONS AND CANCELLATIONS


NO PROGRAM SERVICES IN 2020 DUE TO COVID-19 RESTRICTIONS AND CANCELLATIONS


NO PROGRAM SERVICES IN 2020 DUE TO COVID-19 RESTRICTIONS AND CANCELLATIONS NO FUNDRAISING EVENTS IN 2020 DUE TO COVID-19 RESTRICTIONS AND CANCELLATIONS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$13,862
Total Program Service Revenue$3,458
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$500
Total Revenue$17,820

Grants Awarded

Over the last fiscal year, Milwaukee Gay Sports Network has awarded $195,838 in support to 3 organizations.

Grant RecipientAmount

SSBL

|

|

$112,537

CREAM CITY FOUNDATION

|

|

$52,000

MISC 5000 EACH

|

|

$31,301
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Milwaukee Gay Sports Network has recieved totaling $13,750.

Awarding OrganizationAmount
Windhover Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$10,000
Windhover Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$2,000
Windhover Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$1,750
View Grant Recipient Profile

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