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MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC

MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC

MILWAUKEE, WI, US
501(c)(3)
EIN
39-1341603
Regional Funder
funder logo

MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC

MILWAUKEE, WI, US
501(c)(3)
EIN
39-1341603
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$16,700,425

Contributions
87%
Investments
7%
Other
6%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$13,839,445

Grants
95%
Fees to Service Providers
3%
Other
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$14,559,282
$14,519,026
0%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$943,097
$1,105,749
+17%
Other
-$130,877
$1,075,650
-922%
Total Revenues
$15,371,502
$16,700,425
+9%
Expenses
2023
2024
Change
Grants
$11,835,338
$13,187,039
+11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$375,187
$403,442
+8%
Advertising & Promotion
$4,654
$32,749
+604%
Offices, Occupancy & IT
$114,921
$85,554
-26%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$285,586
$130,661
-54%
Total Expenses
$12,615,686
$13,839,445
+10%
Net income
2023
2024
Change
Net income
+$2,755,816
+$2,860,980
+4%
Functional Expenses
Summary
2023
2024
Change
Program
$11,899,055
$13,312,297
+12%
Admin
$512,364
$356,451
-30%
Fundraising
$204,267
$170,697
-16%
Total Expenses
$12,615,686
$13,839,445
+10%
Income Statement
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