Milwaukee Center For Independence Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,238,176 | 1,303,946 | −65,770 | -0.6 | 31% |
| 2017 | 1,579,006 | 842,407 | 736,599 | 9.6 | 31% |
| 2018 | 590,365 | 962,645 | −372,280 | 3.7 | 16% |
| 2019 | 3,780,049 | 206,751 | 3,573,298 | 37.5 | 0% |
| 2020 | 9,020,204 | 878,802 | 8,141,402 | 114.8 | 0% |
| 2021 | 49,792,905 | 510,807 | 49,282,098 | 1440.0 | 0% |
| 2022 | 14,973,567 | 339,233 | 14,634,334 | 2283.5 | 0% |
| 2023 | 14,384,854 | 952,274 | 13,432,580 | 1156.7 | 0% |
In its most recent public year (2023), this organization brought in $13,432,580 more than it spent. Its reserves stood at about 1156.7 months of spending, up from -0.6 in 2016. Staff pay was 0% of spending. $2,428,669 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
Milwaukee Center For Independence Foundation 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