Skip to content
Nonprofiteer
← MILWAUKEE ACADEMY OF MEDICINE INC

Form 990 for tax year 2024

Filed by MILWAUKEE ACADEMY OF MEDICINE INC.

Totals

Total revenue
$65,206
Total expenses
$49,810
Contributions and grants received
$9,210
Grants paid
$0
Program service revenue
$9,730
Investment income
$46,266
Other revenue
$0
Total assets, end of year
$712,730
Total liabilities, end of year
$1,468
Net assets or fund balances, end of year
$711,262
Program services expenses (Part IX)
$17,047
Management and general expenses
$32,763
Fundraising expenses
$0
Program service expenses (Part III)
$17,047

Program services were 34.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $350

  • 1b · Membership dues

    $8,860

  • 2a · Program service revenue: DINNER SPEAKER PROGRAM INCOME

    total $9,730 · related or exempt $9,730

  • 3 · Investment income

    total $11,385 · related or exempt $11,385

  • 7a · Gross sales of assets other than inventory

    securities $161,428 · other assets $2

  • 7b · Less cost or other basis and sales expenses

    securities $126,549

  • 7c · Gain or loss

    securities $34,879 · other assets $2

  • 7d · Net gain or loss

    total $34,881 · related or exempt $34,881

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $7,899 · management and general $7,899

  • 11c · Fees: accounting

    total $24,000 · management and general $24,000

  • 14 · Information technology

    total $228 · program services $114 · management and general $114

  • 19 · Conferences, conventions and meetings

    total $276 · program services $276

  • 23 · Insurance

    total $750 · management and general $750

  • 24a · Other expenses: SPEAKER DINNER EXPENSE

    total $15,137 · program services $15,137

  • 24b · Other expenses: PROGRAM SPEAKERS

    total $1,107 · program services $1,107

  • 24c · Other expenses: CREDIT CARD PROCESSING FE

    total $354 · program services $354

  • 24d · Other expenses: MISCELLANEOUS EXPENSE

    total $59 · program services $59

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,232 · end of year $11,296

  • 10a · Land, buildings and equipment: cost or other basis

    $3,528

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,527

  • 10c · Land, buildings and equipment, net

    beginning of year $1 · end of year $1

  • 11 · Investments: publicly traded securities

    beginning of year $483,294 · end of year $498,692

  • 15 · Other assets

    beginning of year $202,741 · end of year $202,741

  • 25 · Other liabilities

    beginning of year $1,468 · end of year $1,468

  • 29 · Capital stock, trust principal or current funds

    beginning of year $696,800 · end of year $711,262

Mission and programs · 2024

Mission

THE MILWAUKEE ACADEMY OF MEDICINE IS DEDICATED TO THE ADVANCEMENT OF SCIENCE AND MEDICINE, EDUCATION, PROFESSIONAL COLLEGIALITY, PUBLIC SERVICE AND THE PRESERVATION OF OUR MEDICAL HERITAGE.

Activities or mission (Part I)

THE MILWAUKEE ACADEMY OF MEDICINE IS DEDICATED TO THE ADVANCEMENT OF SCIENCE AND MEDICINE.

  • DINNER SPEAKERS FOR THE PROMOTION OF MEDICAL SCIENCE. EIGHT VIRTUAL MEETINGS TOOK PLACE DURING 2022 WITH THE AVERAGE ATTENDANCE OF 29 PEOPLE.

    Expenses $17,047 · Revenue $9,730

As filed on the 2024 return.

Listed in Part VII

  • Mary Wolverton JD

    TRUSTEE

    Total calculated
    $0

  • Geoffrey Lamb MD

    TRUSTEE

    Total calculated
    $0

  • Jerome Van Ruiswyk MD

    TRUSTEE

    Total calculated
    $0

  • Walt Wojcik

    TRUSTEE

    Total calculated
    $0

  • Edwin Montgomery MD

    TRUSTEE

    Total calculated
    $0

  • Paul Halverson MD

    PRESIDENT

    Total calculated
    $0

  • Carol Pohl MD

    TREASURER

    Total calculated
    $0

  • Ellen Blank MD

    SECRETARY

    Total calculated
    $0

  • Marlene Melzer-Lange MD

    PAST PRESIDE

    Total calculated
    $0

  • Rita Hanson MD

    COUNCIL MEMB

    Total calculated
    $0

  • Sabina Diehr MD

    MEMBERSHIP C

    Total calculated
    $0

  • Kiran Sagar MD

    COUNCIL MEMB

    Total calculated
    $0

  • George Lange MD

    PUBLIC SRVC

    Total calculated
    $0

  • Frank Wilson MD

    HIST OF MED

    Total calculated
    $0

  • William Martens MD

    MEMBERSHIP C

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
1 April 2025
IRS schema version
2024v5.0
Source object
202540949349301754

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.