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Milwaukee Art Museum INC

Public charityFed auditsIRS 990990-T FY2023
DBA: % MILW
Other · MILWAUKEE, WI · EIN 39-0806316

About

To inspire and educate people in the greater milwaukee AREA, across the state of wisconsin and beyond by collecting, preserving and presenting art; to expand and diversify the local artistic and cultural identity of the greater milwaukee AREA, and educate both residents and visitors about art and art history; to encourage community development by supporting emerging arts and artists, and to offer family-friendly educational programs designed to enhance the artistic spirit of the local community; to preserve, protect and maintain the calatrava addition, the first building in the united states to be designed by santiago calatrava, and to work in cooperation with public entities in the use of the saarinen and kahler buildings, city property and lakefront lands.

In care of MILW

Donations are tax-deductible
Category
Other
Employees
330
Volunteers
291

Financial Snapshot

FY ending 2024-08-31
Revenue
$21.6M
Expenses
$22.9M
Assets
$156.9M
Liabilities
$3.5M

Financial history

$23.0M$11.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $21.6M · Peak FY2019: $23.0M · Avg: $20.5M
MILWAUKEE ART MUSEUM INC
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Address

700 N Art Museum DR
Milwaukee, WI, 53202-400

Governance

Voting board members36
Independent members36
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %12.3%
Permanent endowment %60.9%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.