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Milwaukee World Festival INC

Public charity
Other · MILWAUKEE, WI · EIN 39-1049688

About

The corporation shall be a civic organization not organized for profit but operated exclusively for charitable and educational purposes including in furtherance thereof, the production of an annual festival in the milwaukee metropolitan AREA known as summerfest, the production of other events and ethnic festivals during an annual festival season during the months of may through october of each year, ALL of the aforementioned activities being directed toward promoting an understanding by members of the general public of different ethnic cultures, educating the general public in the histories and traditions of various nationalities, providing a suitable showcase for the performing arts, providing activities and recreation available to the general public, promoting racial and ethnic harmony in the community, promoting civic pride, and providing employment opportunities for the community's youth.

Donations are tax-deductible
Category
Other
Employees
2,441
Volunteers
26

Financial Snapshot

FY ending 2024-12-31
Revenue
$70.0M
Expenses
$75.7M
Assets
$94.1M
Liabilities
$74.3M

Financial history

$75.7M$37.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $70.0M · Avg: $56.2M
MILWAUKEE WORLD FESTIVAL INC
Your actions

Address

639 E Summerfest PL
Milwaukee, WI, 53202-621

Governance

Voting board members23
Independent members23
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
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.
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