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Wisconsin · Nonprofit

FUND FOR LAKE MICHIGAN INC

FUND FOR LAKE MICHIGAN INC (Wisconsin) receives grants from 3 organizations whose IRS filings report $2,363,874 to it, the largest being GREATER MILWAUKEE FOUNDATION INC ($1,925,000). 2 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$1.4M
Funders on record
3
Grants received
$2.4M
Net assets
$148k
2/3 repeat fundersgrants exceed reported revenue in one year
01What it does

What Fund for Lake Michigan Inc does

Mission

Lake Michigan is one of Wisconsin's greatest assets, and its water is critical to the state's future. The Fund for Lake Michigan is here to help sustain the Lake on behalf of the people and places that depend on it. Our goal is to have a deep, positive impact on the health of Lake Michigan and on the communities of Wisconsin, now and into the future.

As stated on its FY2025 Form 990.

Programs

  1. Our programs supported projects to enhance the health of Lake Michigan and to promote nature-based solutions to climate change that improve water quality in the Lake Michigan Basin.

    $1,285,846 spentof which $1,250,000 as grants
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,285,846.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($1.5M) Expenses 100 ($780k) Net assets 100 ($759k)2024 Revenue 28 ($425k) Expenses 147 ($1.1M) Net assets 5 ($37k)2025 Revenue 93 ($1.4M) Expenses 168 ($1.3M) Net assets 19 ($148k)
202320242025
Revenue (93)Expenses (168)Net assets (19)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $39k to $802k (+1962%).

$759k
$39k
$802k
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of FUND FOR LAKE MICHIGAN INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 2,293 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$759k
’23
−$722k
’24
$111k
’25
0.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Steve Galarneau

Chair

As listed on its FY2025 Form 990.

202320242025
Listed666
Joined·+0+0
No longer listed·00
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
total
funders
3
2

2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 83% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FUND FOR LAKE MICHIGAN INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FUND FOR LAKE MICHIGAN INC leans on a few funders — its largest provides 81% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FUND FOR LAKE MICHIGAN INC.

81%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

83% of FUND FOR LAKE MICHIGAN INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $400k that is directly attributable, 100% of it comes from funders outside Wisconsin, across 1 state.

IL

Funder states come from each funder’s own filing. $2.0M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FUND FOR LAKE MICHIGAN INC receives grants from 3 organizations whose IRS filings report $2.4M to it.

Operating margin8% · below the median
Months of reserve0.2mo · bottom quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025

Organizations like FUND FOR LAKE MICHIGAN INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Wisconsin

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for FUND FOR LAKE MICHIGAN INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FUND FOR LAKE MICHIGAN INC?
FUND FOR LAKE MICHIGAN INC (Wisconsin) receives grants from 3 organizations whose IRS filings report $2,363,874 to it, the largest being GREATER MILWAUKEE FOUNDATION INC ($1,925,000). 2 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FUND FOR LAKE MICHIGAN INC have?
IRS filings report 3 organizations giving $2,363,874 in grants to FUND FOR LAKE MICHIGAN INC, 2 of which have funded it in more than one year.
Who is the largest funder of FUND FOR LAKE MICHIGAN INC?
GREATER MILWAUKEE FOUNDATION INC is the largest funder on record, with $1,925,000 in grants. The full list of funders is on this page.
How can an organization like FUND FOR LAKE MICHIGAN INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing