Nonprofit screen
Screen a listMilwaukee World Festival 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)
$70Mrevenue
FY2024 · +7% in 3 yrs2,441staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−8.1%
Months of reserve1.1mo
Revenue growth (annualized)+4.3%
Middle half of peersMedianMilwaukee World Festival
Where the money goes FY2024 · $76M spent
Programs$68M90%Management and general$6.6M9%Fundraising$947k1%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 93% in FY2023
$134k in FY2022, $10k in FY2023.
990 Part VIIIDeficits in 3 of the last 3 years
−$9.3M in FY2022, −$1.3M in FY2023 and −$5.7M in FY2024. Cash covers 1.1 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor1
Strong governance
23 of 23 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI22funders
$654ka year, last 3 years
55%from its largest funder
Funder’17’18’19’20’21’22’23Northwestern Mutual Life Foundation IncOn and off$1.1MKelben Foundation IncOn and off$100k$200kDirect Supply Foundation IncOn and off$16k$16k$17k$23k$22k$22kHammes Family Foundation IncSince FY2021$20k$20k$20kAnon Charitable TrustOn and off$20kFor-M IncSince FY2022$5k$8kDonor-advised giftsDonors not disclosed$11k$217k$237k$85k5 other fundersUp to $10k a year each$4k$2k$27k
FundedThrough a donor-advised fund