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Greater Milwaukee Foundation Inc

Milwaukee, Wisconsin · EIN 39-6036407 · Philanthropy & Grantmaking · tax-exempt since 1942

C

Charity Clarity grade C (score 57.4 of 100), based on the Form 990 for the year ended December 2024.

Graded against 1,859 philanthropy & grantmaking nonprofits with revenue over $50M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.146.7 months0
GovernanceBoard independence, key policies and audit, per the 990.91% of practices91
Margin stabilityHow steady the surplus or deficit is year to year.44
Revenue spreadHow much revenue rests on one type of income.49% from one source85
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.94.7%not scored
Management costsShare of spending.1.1%not scored
Cost to raise $1Fundraising cost per dollar given.$0.08not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$85.18M$85.51M−$330K$1.05B146.766C
Dec 2023Form 990$78.03M$65.43M$12.60M$995.52M182.679C
Dec 2022Form 990$87.59M$89.88M−$2.29M$881.27M117.767D
Dec 2021Form 990$151.76M$72.60M$79.17M$1.09B180.267C
Dec 2020Form 990$102.08M$70.68M$31.40M$979.78M166.467C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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