Greater Milwaukee Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 122,702,402 | 66,973,746 | 55,728,656 | 155.3 | 8% |
| 2020 | 102,077,452 | 70,678,205 | 31,399,247 | 166.4 | 8% |
| 2021 | 151,763,598 | 72,595,421 | 79,168,177 | 180.2 | 7% |
| 2022 | 87,591,185 | 89,876,571 | −2,285,386 | 117.7 | 7% |
| 2023 | 78,030,106 | 65,430,598 | 12,599,508 | 182.6 | 10% |
In its most recent public year (2023), this organization brought in $12,599,508 more than it spent. Its reserves stood at about 182.6 months of spending, up from 155.3 in 2019. Staff pay was 10% of spending. $4,183,669 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
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