Overview

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Est.

1871

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Milwaukee Yacht Club, recognized by EIN 39-0478680, is a nonprofit organization dedicated to promoting sportsmanship and fellowship through sailing, power boating, and various recreational activities. With an operating budget of $1.7 million and total revenue of $1.5 million for the 2024 filing year, the organization collaborates with the United States Navy and Coast Guard to foster knowledge in naval architecture and nautical sciences. The club operates without reliance on a single funder for 50% or more of its revenue, ensuring a diverse financial base to support its mission. More information can be found on their website at www.milwaukeeyc.com.

Mission Statement

THE ORGANIZATION'S MISSION IS TO COOPERATE WITH THE UNITED STATES NAVY AND THE UNITED STATES COAST GUARD; TO DEVELOP AND ENCOURAGE SAIL AND POWER BOATING AND YACHT BUILDING, AND THE KNOWLEDGE OF NAVAL ARCHITECTURE; TO ACQUIRE, CULTIVATE, AND DISSEMINATE NAVAL SCIENCE AND NAUTICAL KNOWLEDGE, CUSTOMS AND BELIEFS; TO STUDY, TEACH AND INDULGE IN SAILING, POWER BOATING, SWIMMING AND ALL OTHER OUTDOOR OR INDOOR SPORTS AND RECREATION WHICH TEND TO PROMOTE SPORTSMANSHIP, CLOSER FELLOWSHIP AND SOCIAL INTERCOURSE AMONG ITS MEMBERS; AND TO ACQUIRE, HOLD AND OWN SUCH REAL AND PERSONAL PROPERTY AS MAY BE DEEMED NECESSARY OR USEFUL FOR THE FURTHERANCE OF ITS BUSINESS AND PURPOSES.
Revenues
$1.5M
Expenses
$1.7M
Net Income:
-$183.6K
Assets
$2.8M
Liabilities
$1.9M
Net Assets:
+$866.2K
Operating Budget
$1.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$500
Largest grant received
$500
J
Joe Miller
Board Member
W
William Baxter
Board Member
W
William Walker
Board Member

Frequently Asked Questions

What is MILWAUKEE YACHT CLUB’s budget?
In 2024, MILWAUKEE YACHT CLUB reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does MILWAUKEE YACHT CLUB support?
MILWAUKEE YACHT CLUB supports work in Sports.
Where does MILWAUKEE YACHT CLUB operate?
MILWAUKEE YACHT CLUB is headquartered in Milwaukee, WI.
Who funded MILWAUKEE YACHT CLUB recently?
In 2024, MILWAUKEE YACHT CLUB received grants from ARZBAECHER FAMILY FOUNDATION C/O ROBERT C ARZBAECHER, ARZBAECHER FAMILY FOUNDATION C/O ROBERT C ARZBAECHER, and ARZBAECHER FAMILY FOUNDATION C/O ROBERT C ARZBAECHER. More information on this organization’s funders is available to registered users.
What is the largest grant MILWAUKEE YACHT CLUB received in 2024?
The largest grant to MILWAUKEE YACHT CLUB in 2024 exceeds <$1,000.