Small Public Charity

MILWAUKEE GAY SPORTS NETWORK INC

MILWAUKEE GAY SPORTS NETWORK INC is a Small Public Charity headquartered in WAUKESHA, WI. Financial data from the 2023 filing: $31K revenue, $50K expenses, $16K total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $390K.

EIN: 811021791 WAUKESHA, WI Latest filing: 2023
Total Revenue$31K
Total Expenses$50K
Total Assets$16K
Grants Given5
Grant Total$390K
Filing Years2019–2023

Mission

THE MILWAUKEE GAY SPORTS NETWORK (MGSN) IS A NON-PROFIT CORPORATION AND SHALL BE OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1986, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. MGSN BELIEVES THAT THE ATHLETIC COMPETITION CAN BUILD INDIVIDUAL DEVELOPMENT WHILE STRENGTHENING THE COMMUNITY, AND THE MGSN'S PURPOSE IS TO PROMOTE ORGANIZED ATHLETIC GROUPS AND ACTIVITIES AMONGST THE LESBIAN, GAY, BISEXUAL AND TRANSGENDER (LGBT) COMMUNITY AND THEIR ALLIES IN THE GREATER MILWAUKEE AREA AND BEYOND. THE MGSN SHALL ALSO PROMOTE OR SUPPORT ORGANIZATIONS AND ASSOCIATIONS WORKING TO PROMOTE HEALTH AND WELL-BEING IN THE LGBT COMMUNITY.

Sample Grants Given

SSBL
2019
$112,537
CREAM CITY FOUNDATION
2019
$52,000
MISC 5000 EACH
2019
$31,301
SSBL
2018
$142,362
CREAM CITY FOUNDATION
2018
$52,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

VICE PRESIDE David Burney
TREASURER Mark Klemme
SECRETARY Maurice Perry
PRESIDENT Peter Nys

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$390,200 5 grants

Financial Trends

Year Revenue Expenses Assets
2023 $31K $50K $16K
2022 $34K $32K $35K
2021 $18K $15K $34K
2020 $41K $36K $31K
2019 $208K $213K $26K

Between 2019 and 2023, reported annual revenue declined from $208K to $31K (-85%), with total assets most recently reported at $16K.

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

See the full picture for MILWAUKEE GAY SPORTS NETWORK INC

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