Public Charity

THE BUSINESS COUNCIL INC

Based in MILWAUKEE, WI, THE BUSINESS COUNCIL INC operates as a Public Charity. The organization reported $257K in revenue, $2.1M in expenses, $33K in total assets for fiscal year 2024.

EIN: 391853515 MILWAUKEE, WI Federated Giving Programs NTEE: T70 Latest filing: 2024
Total Revenue$257K
Total Expenses$2.1M
Total Assets$33K
Grants Given0
Filing Years2020–2024

Mission

PROVIDE SUPPORT AND RESOURCES TO SMALL BUSINESSES

Where $100 goes at The Business Council Inc

How The Business Council Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$96 Programs the work itself
$2 Management running the organization
$2 Fundraising raising the next dollar

Inside the $96 for programs

$24
Provided support & resources to the ethnically diverse business community through education and training, consolidated resources and promoting increase interation with businesses
25% of program spending
$24
To provide technical assistance and resources to existing ethnic and diverse businesses that are looking to grow their business through engagement with supply chains or suppliers diversity initiatives
About 25% (cost not reported)
$24
To provide technical assistance to other chambers of commerce, financial assistance providers and ethnic and diverse businesses throught the state of wisconsin
About 25% (cost not reported)

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Darren Fisher
DIRECTOR Marjorie Rucker
BOARD MEMBER Minoo Seifoddmi
BOARD MEMBER Seaphes Miller
CHAIR Ugo Nwagbaraocha

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $257K $2.1M $33K
2023 $3.3M $1.8M $1.8M
2022 $786K $576K $265K
2021 $114K $188K $54K
2020 $171K $118K $124K

Between 2020 and 2024, reported annual revenue grew from $171K to $257K (+50%), with total assets most recently reported at $33K.

Interactive year-over-year charts and full filing details available with membership.

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