Milwaukee Art Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,502,298 | 20,101,909 | −4,599,611 | 77.6 | 27% |
| 2012 | 12,734,400 | 16,383,225 | −3,648,825 | 93.8 | 34% |
| 2013 | 16,083,374 | 15,028,029 | 1,055,345 | 104.3 | 35% |
| 2014 | 29,249,643 | 16,745,843 | 12,503,800 | 104.3 | 34% |
| 2015 | 21,247,264 | 17,658,457 | 3,588,807 | 98.7 | 32% |
| 2016 | 20,955,827 | 20,735,123 | 220,704 | 85.0 | 31% |
| 2017 | 16,137,314 | 19,236,271 | −3,098,957 | 91.2 | 34% |
| 2018 | 20,049,200 | 20,256,844 | −207,644 | 86.0 | 38% |
| 2019 | 22,991,064 | 21,228,585 | 1,762,479 | 83.2 | 37% |
| 2020 | 17,004,184 | 18,433,868 | −1,429,684 | 96.9 | 40% |
| 2021 | 17,721,477 | 16,488,889 | 1,232,588 | 115.4 | 35% |
| 2022 | 18,661,331 | 18,957,752 | −296,421 | 93.8 | 40% |
| 2023 | 22,814,015 | 20,849,845 | 1,964,170 | 88.3 | 41% |
In its most recent public year (2023), this organization brought in $1,964,170 more than it spent. Its reserves stood at about 88.3 months of spending, up from 77.6 in 2011. Staff pay was 41% of spending. $62,210,090 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 Art Museum 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