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Wisconsin · Nonprofit

SUMMERFEST FOUNDATION INC

SUMMERFEST FOUNDATION INC (Wisconsin) receives grants from 3 organizations whose IRS filings report $35,101 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($15,000). 2 of them have funded it in more than one year.

Revenue FY2018
$301k
Funders on record
3
Grants received
$35k
Net assets
$0
2/3 repeat funderspeak grant-dependency 5%
01What it does

What Summerfest Foundation Inc does

Mission

The corporation is organized for the benefit of, to perform the functions of, or to carry out the purposes of milwaukee world festival, inc., which is to promote an understanding of different cultures, the histories and traditions of various nationalities, harmony in the community, civic pride and provide a showcase for the performing arts, activities and recreation for the public and employment opportunites for the youth of the community.

As stated on its FY2018 Form 990.

Program

Programs include support of free concert series, jazz education camp, grants to local charities.

The first program described on its most recent Form 990, which lists programs largest first by expense.

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.

100 = 20172017 Revenue 100 ($928k) Expenses 100 ($580k) Net assets 100 ($21M)2018 Revenue 32 ($301k) Expenses 1157 ($6.7M) Net assets 0 ($0)
20172018
Revenue (32)Expenses (1157)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $21M to $0 (−100%).

$21M
$0
20172018
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
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

$348k
’17
−$6.4M
’18
136
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.

20172018
Listed1010
Joined·+0
No longer listed·0
03Who funds it

Who funds it, year by year

2017 → 2018: the base broadened from 2 funders to 3 funders, grant income fell $19k → $16k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $14k from one payer (the payer shares this organization's board, largest Milwaukee Jewish Federation Inc). These are real filings, and they are not money SUMMERFEST FOUNDATION INC raised.

From the IRS filings of SUMMERFEST FOUNDATION 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

SUMMERFEST FOUNDATION INC leans on a few funders — its largest provides 43% of grant income and the top three 100%; half comes from just 2 funders.

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

43% 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 SUMMERFEST FOUNDATION INC.

43%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2017 52% · 2018 45% — diversifying over time.

“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

100% of SUMMERFEST FOUNDATION INC's grant income comes from Wisconsin funders.

WI

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

’17
’18
Wisconsin out of state home

Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 1 state 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

Organizations like SUMMERFEST FOUNDATION 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

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

22%

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

Part of a family of 1 related entity

  • Milwaukee World Festival Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SUMMERFEST FOUNDATION 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 SUMMERFEST FOUNDATION INC?
SUMMERFEST FOUNDATION INC (Wisconsin) receives grants from 3 organizations whose IRS filings report $35,101 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($15,000). 2 of them have funded it in more than one year.
How many funders does SUMMERFEST FOUNDATION INC have?
IRS filings report 3 organizations giving $35,101 in grants to SUMMERFEST FOUNDATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of SUMMERFEST FOUNDATION INC?
AMERICAN ENDOWMENT FOUNDATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like SUMMERFEST FOUNDATION 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 FY2018 (financials across 2017–2018), 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