Nonprofit screen
Screen a listMilwaukee Downtown Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.7Mrevenue
FY2024 · −15% in 3 yrs11staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin15.3%
Months of reserve6.0mo
Revenue growth (annualized)−0.3%
Middle half of peersMedianMilwaukee Downtown
Where the money goes FY2024 · $2.3M spent
Programs$2.2M93%Management and general$104k4%Fundraising$66k3%990 FY2024 · Part IX line 25
Worth checking1
Government grants fell 94% in FY2023
$957k in FY2022, $60k in FY2023.
990 Part VIIIIn its favor1
Strong governance
6 of 6 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI27funders
$101ka year, last 3 years
33%from its largest funder
Funder’17’18’19’20’21’22’23Richard and Ethel Herzfeld Foundation IncEvery year since FY2017$50k$40k$30k$20k$40k$15k$5kMarcus Corporation Foundation IncOn and off$150kUnited Way of Greater Milwaukee & Waukesha County IncOn and off$50k$60k$15k$15kCharter Manufacturing Company Foundation IncStopped after FY2019$50k$40k$30k–Berghammer Construction Foundation IncNew in FY2023$30kHerbert H Kohl Charities IncOn and off$20k$10kDonor-advised giftsDonors not disclosed$16k$110k$25k11 other fundersUp to $25k a year each$15k$11k$15k$25k$25$1k$37k
FundedThrough a donor-advised fundStopped