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Wisconsin · Nonprofit

WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC

WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC (Wisconsin) receives grants from 5 organizations whose IRS filings report $65,881 to it, the largest being GREATER MILWAUKEE FOUNDATION INC ($28,500). 1 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$3.4M
Funders on record
5
Grants received
$66k
Net assets
$3.9M
1/5 repeat funderspeak grant-dependency 23%
01What it does

What Wisconsin Hispanic Scholarship Foundation Inc does

Mission

Our mission provides a cultural and educational environment to enhance and improve academic success of the hispanic community while promoting a better understanding of the arts, history, literature and perpetuation of hispanic culture. Wisconsin hispanic scholarship foundation assists in opening opportunities for advancement in the quality of life among hispanics. Year-round activities of the wisconsin hispanic scholarship foundation (whsf) serve as a vehicle by which to provide, enhance and understand the cultural, educational, artistic, economic development and literary environment of the hispanic community in the metro milwaukee area, as well as throughout the state and the country. Whsf stages an annual three day festival (mexican fiesta) on the lakefront summerfest grounds each august, an event undertaken by the organization's army of 2,000 volunteers and attended by at least 113,000 festgoers. Anchoring the grounds, is the huge cultural village with artisans, vendors, and exhibit

As stated on its FY2022 Form 990.

Program

  1. The year-round activities of the wisconsin hispanic scholarship foundation serve as a vehicle by which to provide, enhance and understand the cultural, educational, artistic, economic development and literary environment of the hispanic community in the metro milwaukee area, as well as throughout the state and the country. Education becomes a valued component of the organizations's existence, so our 3-day cultural festival allows us to provide a scholarship program. Since its inception, the organization has awarded over $1.8 million in scholarships to over 700 students, fraternities, sororities and nonprofits (community based organizations. These scholarships have allowed aspiring hispanic students to live their dreams of furthering their education. Additionally, the foundation hosts community events for the benefit of the general public at its flores hall facility in milwaukee.

    $2,620,183 spentof which $79,650 as grants$3,289,891 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,620,183.

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 ($1.6M) Expenses 100 ($1.5M) Net assets 100 ($1.8M)2018 Revenue 109 ($1.7M) Expenses 108 ($1.6M) Net assets 107 ($2.0M)2019 Revenue 113 ($1.8M) Expenses 114 ($1.7M) Net assets 112 ($2.1M)2020 Revenue 8 ($126k) Expenses 21 ($315k) Net assets 101 ($1.9M)2021 Revenue 162 ($2.6M) Expenses 116 ($1.7M) Net assets 147 ($2.7M)2022 Revenue 171 ($2.7M) Expenses 162 ($2.4M) Net assets 164 ($3.0M)2023 Revenue 198 ($3.1M) Expenses 176 ($2.6M) Net assets 192 ($3.5M)2024 Revenue 211 ($3.4M) Expenses 198 ($2.9M) Net assets 214 ($3.9M)
'17'18'19'20'21'22'23'24
Revenue (211)Expenses (198)Net assets (214)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 2020 to 2021, from $1.9M to $2.9M (+49%).

$1.9M
$2.0M
$2.1M
$1.9M
$2.9M
$3.1M
$3.7M
$4.0M
'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: 2017 3%. Grants only. Government contracts and fees sit inside program revenue.

1% of WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$100k
’17
$137k
’18
$96k
’19
−$189k
’20
$841k
’21
$315k
’22
$524k
’23
$403k
’24
12
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.

'17'18'19'20'21'22'23'24
Listed1718181818191920
Joined·+1+0+0+0+3+0+1
No longer listed·0000200
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $29k → $28.

3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% 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 WISCONSIN HISPANIC SCHOLARSHIP 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

WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC leans on a few funders — its largest provides 43% of grant income and the top three 91%; half comes from just 2 funders.

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

100% 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 WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC.

43%
largest funder
91%
top three
~3
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 53% · 2023 100% — 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.

Where its funders are

52% of WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION 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 $32k that is directly attributable, 79% of it comes from funders outside Wisconsin, across 2 states.

WI
MA

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

’21
’22
Wisconsin out of state home

Funder states come from each funder’s own filing. $34k arriving through sponsors registered in 3 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

WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC holds deeper cash reserves than three-quarters of the 11,752 education nonprofits its size.

Operating margin12% · above the median
Months of reserve11.8mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like WISCONSIN HISPANIC SCHOLARSHIP 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

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

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

Screen this organization

A dated, signed PDF of the compliance screen for WISCONSIN HISPANIC SCHOLARSHIP 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 WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC?
WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC (Wisconsin) receives grants from 5 organizations whose IRS filings report $65,881 to it, the largest being GREATER MILWAUKEE FOUNDATION INC ($28,500). 1 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC have?
IRS filings report 5 organizations giving $65,881 in grants to WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC?
GREATER MILWAUKEE FOUNDATION INC is the largest funder on record, with $28,500 in grants. The full list of funders is on this page.
How can an organization like WISCONSIN HISPANIC SCHOLARSHIP 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 FY2024 (financials across 2017–2024), and the filings of 5 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