Public Charity

MILWAUKEE YOUTH ARTS CENTER FOUNDATION INC

MILWAUKEE YOUTH ARTS CENTER FOUNDATION INC is a nonprofit organization categorized as Public Charity based in MILWAUKEE, WI. Its most recent IRS filing (2025) reports revenue of $171K, expenses of $220K, total assets of $9.7M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $20K.

EIN: 853869530 MILWAUKEE, WI Fund Raising & Fund Distribution NTEE: A12 Latest filing: 2025
Total Revenue$171K
Total Expenses$220K
Total Assets$9.7M
Grant Records2
Funding Total$20K
Filing Years2021–2025

Mission

THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF FIRST STAGE MILWAUKEE, INC. ("FSM"), SO LONG AS FSM IS DESCRIBED IN IRC SECTION 509(A)(1) OR (2), AND MILWAUKEE YOUTH SYMPHONY ORCHESTRA, INC. ("MYSO"), SO LONG AS MYSO IS DESCRIBED IN IRC SECTION 509(A)(1) OR (2); TO ENGAGE IN ACTIVITIES RELATING TO THE AFOREMENTIONED PURPOSES; AND TO INVEST IN, RECEIVE, HOLD, USE AND DISPOSE OF ALL PROPERTY, REAL OR PERSONAL, AS MAY BE NECESSARY OR DESIRABLE TO CARRY INTO EFFECT AFOREMENTIONED PURPOSES.AS PART OF ITS MISSION TO SUPPORT FSM AND MYSO, THE FOUNDATION IS ACTING AS A LEVERAGE LENDER IN A NEW MARKET TAX CREDIT TRANSACTION INVOLVING MILWAUKEE YOUTH ARTS CENTER, INC. AS WELL AS FUNDRAISING AND HOLDING FUNDS WITH DONOR RESTRICTION TO BE USED AS PART OF THE MYAC CAPITAL CAMPAIGN.

Where $100 goes at Milwaukee Youth Arts Center Foundation Inc

How Milwaukee Youth Arts Center Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$78 Programs the work itself
$8 Management running the organization
$14 Fundraising raising the next dollar

Inside the $78 for programs

$78
Our principal program is to provide charitable and educational support to first stage and Milwaukee youth symphony orchestra through the Milwaukee youth arts center via the terms of…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DIRECTOR Chad Tessmer
CHAIR Jack Nelson
SECRETARY Lauren Vollrath
TREASURER Qingqiu Li
VICE-CHAIR Sue Clausing

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $171K $220K $9.7M
2024 $205K $328K $9.8M
2023 $135K $296K $9.9M
2022 $252K $463K $10.2M
2021 $10.9M $620K $10.3M

Between 2021 and 2025, reported annual revenue declined from $10.9M to $171K (-98%), with total assets most recently reported at $9.7M.

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

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