MILWAUKEE YOUTH ARTS CENTER FOUNDATION INC (EIN 853869530) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

JACK NELSON

Phone

4142672902

Tax Period

2024-07-01 to 2025-06-30

MILWAUKEE YOUTH ARTS CENTER FOUNDATION INC, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $171K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $220K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AND FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF FIRST STAGE MILWAUKEE, INC. AND MILWAUKEE YOUTH SYMPHONY ORCHESTRA, INC.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $170,539

Other Revenue $0

TOTAL REVENUE $170,539

Expense Breakdown

Grants Paid $179,930

Salaries & Benefits $0

Fundraising Expenses $3,621

Program Expenses $184,419

Other Expenses $39,829

TOTAL EXPENSES $219,759

Year-over-Year Comparison

	2024	2023	Change
Revenue	$170,539	$204,687	-0.2%
Expenses	$219,759	$327,921	-0.3%
Net Income	$-49,220	$-123,234	-0.6%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$122,416

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK NELSON	CHAIR	0.25	Officer Director	$0	$0	$0
SUE CLAUSING	VICE-CHAIR	0.50	Officer Director	$0	$0	$0
LAUREN VOLLRATH	SECRETARY	0.50	Officer Director	$0	$0	$0
CHAD TESSMER	EXECUTIVE DIRECTOR	10.00	Officer	$0	$0	$122,416
QINGQIU LI	TREASURER	0.50	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$170,539	$219,759	$9,739,179	$-49,220
2024	No data	No data	No data	No data
2023	$135,060	$295,618	$9,914,311	$-160,558
2022	$252,358	$462,638	$10,157,496	$-210,280
2021	$10,905,403	$620,254	$10,317,722	$10,285,149

MILWAUKEE YOUTH ARTS CENTER FOUNDATION INC