SCULPTURE MILWAUKEE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

JOHN RIEPENHOFF

Phone

4142483072

Tax Period

2023-01-01 to 2023-12-31

SCULPTURE MILWAUKEE INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $737K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 39% operating deficit.

Mission

TO SUPPORT A WORLD-CLASS SEASONAL PUBLIC EXHIBITION OF MONUMENTAL MUSEUM-QUALITY SCULPTURES ALONG WISCONSIN AVENUE IN DOWNTOWNMILWAUKEE, WISCONSIN, IN ORDER TO PROMOTE INTERACTION IN PUBLIC SPACES, CIVIC PARTICIPATION, YOUTH ENGAGEMENT AND PRESERVATION OF HISTORIC MILWAUKEE LOCALES.

Program Service Accomplishments

Program 1

Expenses: $619,683 Revenue: $-25,088

A PRIVATELY FUNDED ARTS AND EDUCATION INITIATIVE THAT BRINGS WORLD CLASS ART WORKS TO MILWAUKEE'S WISCONSIN AVENUE, THE HISTORIC ANDECONOMIC HEART OF THE REGION. SCULPTURE MILWAUKEE IS FREE AND OPEN 24-HOURS A DAY TO RESIDENTS, EMPLOYEES, SCHOOL GROUPS AND VISITORS FROM AROUND THE REGION AND GLOBE. SCULPTURE MILWAUKEE PROVIDES A UNIQUE CULTURAL EXPERIENCE, ADDING TO THE ECONOMIC REVITALIZATION OF THE DOWNTOWN AREA. A SMALL TEAM OF PAID EXPERTS IS SUPPORTED BY A LARGE TEAM OF VOLUNTEERS FROM THE BUSINESS AND CREATIVE COMMUNITIES TO INSTALL, INTERPRET, PROTECT AND TOUR THE 20+ ART WORKS ON VIEW. SCULPTURE MILWAUKEE CONTINUES TO INVEST IN AND GROW OUR EDUCATIONALPARTNERSHIPS WITH AREA NON-PROFIT ORGANIZATIONS AND BUSINESSES THAT REACH INTO THE DIVERSE COMMUNITIES OF THE REGION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $734,519

Program Service Revenue $9,813

Investment Income $-36,695

Other Revenue $29,109

TOTAL REVENUE $736,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $442,090

Fundraising Expenses $141,510

Program Expenses $619,683

Other Expenses $580,725

TOTAL EXPENSES $1,022,815

Year-over-Year Comparison

	2023	2022	Change
Revenue	$736,746	$608,173	+0.2%
Expenses	$1,022,815	$1,033,607	0.0%
Net Income	$-286,069	$-425,434	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$113,375

Total Directors