Form 990 for tax year 2023
Filed by MILWAUKEE PUBLIC SCHOOLS FOUNDATION INCORPORATED.
Totals
- Total revenue
- $1,807,649
- Total expenses
- $1,385,865
- Contributions and grants received
- $1,729,566
- Grants paid
- $1,210,352
- Program service revenue
- $0
- Investment income
- $78,083
- Other revenue
- $0
- Total assets, end of year
- $3,359,253
- Total liabilities, end of year
- $102,050
- Net assets or fund balances, end of year
- $3,257,203
- Program services expenses (Part IX)
- $1,210,352
- Management and general expenses
- $175,513
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,210,352
Program services were 87.3% 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
$512,418
-
1f · All other contributions, gifts and grants
$1,217,148
-
3 · Investment income
total $78,083 · excluded $78,083
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,210,352 · program services $1,210,352
-
11c · Fees: accounting
total $44,047 · management and general $44,047
-
11g · Fees: other
total $54,250 · management and general $54,250
-
12 · Advertising and promotion
total $2,980 · management and general $2,980
-
13 · Office expenses
total $7,455 · management and general $7,455
-
14 · Information technology
total $26,230 · management and general $26,230
-
19 · Conferences, conventions and meetings
total $5,178 · management and general $5,178
-
23 · Insurance
total $3,214 · management and general $3,214
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $11,070 · management and general $11,070
-
24b · Other expenses: PRINTING AND PHOTOGRAPH
total $5,857 · management and general $5,857
-
24c · Other expenses: DONATIONS
total $5,789 · management and general $5,789
-
24d · Other expenses: SERVICE FEES
total $5,461 · management and general $5,461
-
24e · All other expenses
total $3,982 · management and general $3,982
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,225,949 · end of year $245,804
-
2 · Savings and temporary cash investments
beginning of year $1,503,461 · end of year $2,747,715
-
3 · Pledges and grants receivable
beginning of year $50,728 · end of year $329,851
-
9 · Prepaid expenses and deferred charges
beginning of year $6,710 · end of year $10,883
-
15 · Other assets
beginning of year $25,000 · end of year $25,000
-
17 · Accounts payable and accrued expenses
beginning of year $28,939 · end of year $22,050
-
18 · Grants payable
end of year $80,000
-
27 · Net assets without donor restrictions
beginning of year $224,998 · end of year $192,100
-
28 · Net assets with donor restrictions
beginning of year $2,557,911 · end of year $3,065,103
Mission and programs · 2023
Mission
TO PROMOTE EDUCATIONAL EXCELLENCE AND STRENGHTEN COMMUNITY PARTICIPATION IN THE MILWAUKEE PUBLIC SCHOOLS
Activities or mission (Part I)
TO PROMOTE EDUCATIONAL EXCELLENCE AND STRENGHTEN COMMUNITY PARTICIPATION IN MPS.
-
CONNECT MILWAUKEE - TO PROVIDE TECHNICAL SUPPORT TO PARENTS, STUDENTS AND TEACHERS.
Expenses $173,759 · Grants $173,759
-
UNSIL - TO PROVIDE FUNDING FOR STUDENTS TO LEARN ABOUT THE UNITED NATIONS AND ITS 193 MEMBER COUNTRIES THROUGHOUT THE WORLD.
Expenses $93,567 · Grants $93,567
-
LET US PLAY GREEN SCHOOLS GREEN SCHOOLYARDS OFFER A VARIETY OF ACTIVE PLAY OPTIONS THAT ENGAGE CHILDREN OF VARYING FITNESS LEVELS, AGES, AND GENDERS.
Expenses $140,146 · Grants $140,146
-
ALL OTHER PROGRAMMING.
Expenses $802,880 · Grants $802,880
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Keith PosleyKEITH POSLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tina ChangTINA CHANG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter FeiginPETER FEIGIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christina FiascaCHRISTINA FIASCA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James FriedmanJAMES FRIEDMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jacqueline Herd-BarberJACQUELINE HERD-BARBER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John KerseyJOHN KERSEY
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
H Carl MuellerH CARL MUELLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark SabljakMARK SABLJAK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Xela GarciaXELA GARCIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anthony SmithANTHONY SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Fred TabakFRED TABAK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joel HaubrichJOEL HAUBRICH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
M Paula PhilipsM PAULA PHILIPS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Wendell WillisWENDELL WILLIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Francois ElzakhemFRANCOIS ELZAKHEM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Willie Jude IIWILLIE JUDE II
EXECUTIVE DIRECTOR
- Total calculated
- $45,839
- From this org
- $0
- From related orgs
- $29,387
- Other
- $16,452
- Hours/week
- 40
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
-
UNIVERSITY OF WISCONSIN - MILWAUKEE
$85,650
SCHOLARSHIP AWARD
-
WISCONSIN CONSERVATORY OF MUSIC
$21,000
SCHOLARSHIP AWARD
-
UNIVERSITY OF WISCONSIN - MADISON
$18,000
SCHOLARSHIP AWARD
-
MARQUETTE UNIVERSITY
$12,000
SCHOLARSHIP AWARD
-
UNIVERSITY OF WISCONSIN - WHITEWATER
$6,000
SCHOLARSHIP AWARD
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MILWAUKEE PUBLIC SCHOOLS
EDUCATION · WI
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413029349301011
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.