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Wisconsin · Nonprofit

MIDWEST BIKESHARE INC

MIDWEST BIKESHARE INC (Wisconsin) receives grants from 11 organizations whose IRS filings report $351,539 to it, the largest being GREATER MILWAUKEE FOUNDATION INC ($126,850). 6 of them have funded it in more than one year.

Revenue FY2024
$871k
Funders on record
11
Grants received
$352k
Net assets
$778k
6/11 repeat funderspeak grant-dependency 7%
01What it does

What Midwest Bikeshare Inc does

Mission

Bublr bikes delivers a sustainable, excellent bikeshare system for all.

As stated on its FY2024 Form 990.

Program

  1. Not described on the e-filed return.

    $1,206,632 spent$289,600 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,206,632.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($1.5M) Expenses 100 ($1.1M) Net assets 100 ($2.8M)2018 Revenue 45 ($662k) Expenses 109 ($1.2M) Net assets 77 ($2.1M)2019 Revenue 48 ($699k) Expenses 95 ($1.1M) Net assets 63 ($1.7M)2020 Revenue 51 ($746k) Expenses 89 ($1.0M) Net assets 53 ($1.5M)2021 Revenue 59 ($859k) Expenses 97 ($1.1M) Net assets 45 ($1.2M)2022 Revenue 115 ($1.7M) Expenses 109 ($1.2M) Net assets 61 ($1.7M)2023 Revenue 77 ($1.1M) Expenses 124 ($1.4M) Net assets 51 ($1.4M)2024 Revenue 59 ($871k) Expenses 134 ($1.5M) Net assets 28 ($778k)
'17'18'19'20'21'22'23'24
Revenue (59)Expenses (134)Net assets (28)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 2023 to 2024, from $1.7M to $1.2M (−30%).

$2.8M
$2.3M
$1.9M
$1.7M
$1.3M
$1.8M
$1.7M
$1.2M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 8% · 2021 32% · 2022 14% · 2023 53% · 2024 40%. Grants only. Government contracts and fees sit inside program revenue.

67% of MIDWEST BIKESHARE INC’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).

This organization
Typical peer · 4,629 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

$334k
’17
−$570k
’18
−$377k
’19
−$262k
’20
−$233k
’21
$457k
’22
−$277k
’23
−$646k
’24
0.4
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.

Chief executive

Laura Bolger

Executive director

Board chair

Bruce Keyes

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24
Listed1616141216161515
Joined·+0+1+2+4+1+1+1
No longer listed·0340121
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 5 funders, grant income rose $45k → $57k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% 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 MIDWEST BIKESHARE 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

MIDWEST BIKESHARE INC leans on a few funders — its largest provides 36% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

62% 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 MIDWEST BIKESHARE INC.

36%
largest funder
69%
top three
~5
effective funders

Largest funder’s share by year: 2017 44% · 2018 100% · 2019 100% · 2020 60% · 2021 27% · 2022 37% · 2023 44% — broadly stable.

“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.

How long its funders stay

40% of MIDWEST BIKESHARE INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

88% of MIDWEST BIKESHARE INC's grant income comes from Wisconsin funders.

WI
CT
CO

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Wisconsin out of state home

Funder states come from each funder’s own filing. $147k 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

MIDWEST BIKESHARE INC's funding base is broadening — from 3 funders to 5 as grant income climbed.

Operating margin−74% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 4,264 environment nonprofits $100k–$1M, FY2024

Government funding MIDWEST BIKESHARE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $75k on record.

Federal$75k
grants $75kcontracts $0
Top agencies
  • Environmental Protection Agency$75k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like MIDWEST BIKESHARE 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

80% of spending goes to programs.

Program 80%Management 13%Fundraising 8%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WI

Screen this organization

A dated, signed PDF of the compliance screen for MIDWEST BIKESHARE 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 MIDWEST BIKESHARE INC?
MIDWEST BIKESHARE INC (Wisconsin) receives grants from 11 organizations whose IRS filings report $351,539 to it, the largest being GREATER MILWAUKEE FOUNDATION INC ($126,850). 6 of them have funded it in more than one year.
How many funders does MIDWEST BIKESHARE INC have?
IRS filings report 11 organizations giving $351,539 in grants to MIDWEST BIKESHARE INC, 6 of which have funded it in more than one year.
Who is the largest funder of MIDWEST BIKESHARE INC?
GREATER MILWAUKEE FOUNDATION INC is the largest funder on record, with $126,850 in grants. The full list of funders is on this page.
How can an organization like MIDWEST BIKESHARE 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.

Play a game about who funds Midwest Bikeshare →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 11 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