Milwaukee Center For Independence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,485,961 | 26,896,508 | 589,453 | 7.6 | 47% |
| 2012 | 30,319,173 | 29,072,863 | 1,246,310 | 7.6 | 47% |
| 2013 | 31,699,294 | 31,761,353 | −62,059 | 6.6 | 52% |
| 2014 | 43,313,689 | 45,141,606 | −1,827,917 | 4.1 | 45% |
| 2015 | 46,762,985 | 49,534,833 | −2,771,848 | 3.1 | 45% |
| 2016 | 47,853,424 | 47,970,884 | −117,460 | 3.2 | 48% |
| 2017 | 46,352,990 | 49,310,213 | −2,957,223 | 2.4 | 44% |
| 2018 | 47,713,884 | 49,000,530 | −1,286,646 | 2.1 | 40% |
| 2019 | 47,904,041 | 48,664,454 | −760,413 | 1.9 | 41% |
| 2020 | 42,016,455 | 46,139,516 | −4,123,061 | 0.9 | 38% |
| 2021 | 42,699,673 | 44,192,573 | −1,492,900 | 0.6 | 41% |
| 2022 | 38,969,920 | 44,433,391 | −5,463,471 | -0.9 | 40% |
| 2023 | 42,393,349 | 48,661,776 | −6,268,427 | -2.4 | 36% |
In its most recent public year (2023), this organization spent $6,268,427 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), down from 7.6 in 2011. Staff pay was 36% of spending. $2,494,208 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Milwaukee Center For Independence Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works