Overview
What is Milwaukee Academy Of Medicine?
The Milwaukee Academy of Medicine is a nonprofit organization situated in Milwaukee, Wisconsin, with a primary focus on advancing science and medicine. Their mission encompasses education, professional collegiality, public service, and the preservation of medical heritage. In 2022, they held eight virtual meetings to promote medical science, averaging 29 attendees per session. The organization, with a modest workforce of two individuals, is committed to fostering a deeper understanding and application of medical knowledge.
Official website here: www.milwaukeeacademyofmedicine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Milwaukee Academy of Medicine has received a One-Star rating from Charity Navigator, indicating a low overall score primarily due to its Accountability & Finance metrics. The academy's score highlights strong governance practices, with a fully independent board and various policies for conflict of interest and whistleblower protections in place. However, despite these strengths, the organization has been noted for deficiencies in transparency, particularly regarding the posting of its tax form on its website.
Key strengths include the lack of material diversion of assets and a well-structured board, both of which scored full points in their respective categories. The organization also maintains a high level of accountability in terms of policy documentation and board meeting minutes. However, the high liabilities to assets ratio and a low program expense ratio significantly impacted their overall score, reflecting concerns about the proportion of funds directed towards program services versus administrative costs.
Overall, while the Milwaukee Academy of Medicine demonstrates solid governance and accountability practices, the issues related to financial transparency and allocation of resources warrant attention for potential improvement. Addressing these limitations could enhance the charity's rating and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Milwaukee Academy Of Medicine legitimate?
Milwaukee Academy Of Medicine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Academy Of Medicine submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.milwaukeeacademyofmedicine.org
What is the mission statement of Milwaukee Academy Of Medicine?
The Milwaukee Academy of Medicine is committed to the advancement of science and medicine. Beyond this primary goal, the organization also focuses on education, fostering professional collegiality, serving the public, and preserving the heritage of medicine. Their activities include hosting dinner speakers to promote medical science and organizing virtual meetings to engage a wide audience. During 2022, eight such meetings took place, averaging around 29 attendees.
Official website here: www.milwaukeeacademyofmedicine.org
Who is the CEO of Milwaukee Academy Of Medicine?
Marlene Melzer-Lange Md is the Trustee of Milwaukee Academy Of Medicine.
Official website here: www.milwaukeeacademyofmedicine.org
What is the revenue of Milwaukee Academy Of Medicine?
Milwaukee Academy Of Medicine's revenue in 2022 was $51,474.
Official website here: www.milwaukeeacademyofmedicine.org
Who are the executives of Milwaukee Academy Of Medicine and what are their salaries?
There are 2 employees at Milwaukee Academy Of Medicine.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.milwaukeeacademyofmedicine.org
Where can I find the form 990 for Milwaukee Academy Of Medicine?
Milwaukee Academy Of Medicine's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.milwaukeeacademyofmedicine.org
Learn more at the official website: www.milwaukeeacademyofmedicine.org
Mission Statement of Milwaukee Academy Of Medicine
The Milwaukee Academy of Medicine is committed to fostering the progress of science and medicine. This esteemed organization has a multifaceted mission that extends beyond the realm of medical advancements. It also focuses on education, nurturing a sense of professional camaraderie among its members, serving the public, and preserving the rich history of medicine.
In pursuit of its mission, the Milwaukee Academy of Medicine organizes events that promote medical science. One such initiative involves inviting renowned speakers to deliver presentations at dinner meetings. During 2022, eight such virtual gatherings took place, each attracting an average of 29 attendees. This demonstrates the organization's dedication to sharing knowledge and fostering dialogue within the medical community.
By promoting education, professional collegiality, public service, and preserving its medical heritage, the Milwaukee Academy of Medicine contributes significantly to the field of medicine. Its mission is not limited to scientific advancements but also encompasses nurturing a sense of community among its members and giving back to society. The organization's initiatives serve as a testament to its commitment to advancing medicine and improving public health.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Milwaukee Academy Of Medicine's impact lies in its dedication to the advancement of science and medicine. Through its activities such as organizing dinner speakers for the promotion of medical science and hosting virtual meetings, the academy fosters an environment of learning and professional development within the medical community. By bringing together professionals to discuss cutting-edge research and advancements in the field, the Milwaukee Academy Of Medicine plays a vital role in promoting education, professional collegiality, and the overall progress of medicine.
This information is meant to be a general summary of Milwaukee Academy Of Medicine. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22,871
- Program Service Revenue: $3,355
- Gross Receipts: $92,711
Assets and Liabilities:
- Total Assets: $657,966
- Total Liabilities: $1,297
- Net Assets: $656,669
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DINNER SPEAKER PROGRAM INCOME
Revenue
$3,355
Organization Details
Founding Year
1886
Phone
(414) 955-8249Principal Officer
Marlene Melzer-Lange Md
Main Address
8701 WATERTOWN PLANK ROAD, MILWAUKEE, WI, 532263548
NTEE Category
Code: B00 - Education
If you are a representative of Milwaukee Academy Of Medicine and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.