Overview
What is Milwaukee Public Library Foundation Inc?
Milwaukee Public Library Foundation Inc is a nonprofit organization based in Milwaukee, Wisconsin, specifically at 814 W Wisconsin Ave. Their primary mission is to amplify the community's support for the Milwaukee Public Library through private contributions. This funding contributes to improved library collections, expanded programs, enhanced services, and renovated buildings. By doing so, the foundation ensures the library remains a vital source of knowledge, empowerment, and enrichment for its 2 million annual visitors. Their activities are geared towards achieving the Milwaukee Public Library's long-term goals, providing essential support through private contributions for books, materials, programs, and library facilities. With a workforce of 11 individuals, they contribute significantly to the library's continued success as a responsive institution catering to community needs.
Official website here: www.supportmpl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating
The Milwaukee Public Library Foundation Inc has received a solid 87% rating from Charity Navigator, reflecting effective management and a commitment to accountability and transparency. The organization excels in its financial oversight, as evidenced by a perfect score in the audit and oversight committee, and has shown no material diversion of assets, which underscores its fiscal responsibility.
Additionally, the foundation boasts a fully independent board, enhancing its governance structure. It has implemented sound policies, including a conflict of interest policy and a whistleblower policy, both of which contribute to its strong ethical framework. The program expense ratio indicates that a significant portion of its budget is directed towards its programs, demonstrating a focus on fulfilling its mission.
However, the culture and community score of 75 suggests there may be areas for improvement in fostering community engagement or internal culture. While the foundation performs admirably in financial aspects, further efforts could enhance its overall impact and visibility within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Milwaukee Public Library Foundation Inc legitimate?
Milwaukee Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Public Library Foundation Inc 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: $209,766
Professional Fundraising Fees: $0
Other Salaries and Wages: $326,349
For more financial information, click here
Official website here: www.supportmpl.org
What is the mission statement of Milwaukee Public Library Foundation Inc?
The Milwaukee Public Library Foundation's mission is to support the Milwaukee Public Library by raising funds through private contributions. This funding is utilized for essential resources such as books, materials, programs, and library facilities. The goal is to maintain the library's reputation as a responsive institution catering to community needs. The foundation's efforts have led to improved collections, expanded programs, enhanced services, and renovated buildings. This support from the Milwaukee Public Library Foundation, Inc., has made the library a vital source of knowledge, empowerment, and enrichment, offering inspiration and opportunities to over 2 million annual visitors, improving their daily lives.
Official website here: www.supportmpl.org
Who is the CEO of Milwaukee Public Library Foundation Inc?
Ryan E Daniels is the President of Milwaukee Public Library Foundation Inc.
Official website here: www.supportmpl.org
What is the revenue of Milwaukee Public Library Foundation Inc?
Milwaukee Public Library Foundation Inc's revenue in 2022 was $1,251,867.
Official website here: www.supportmpl.org
Who are the executives of Milwaukee Public Library Foundation Inc and what are their salaries?
The average compensation at Milwaukee Public Library Foundation Inc during 2022 was $48,738. There are 11 employees and 25 volunteers at Milwaukee Public Library Foundation Inc.
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Official website here: www.supportmpl.org
Where can I find the form 990 for Milwaukee Public Library Foundation Inc?
Milwaukee Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.supportmpl.org
Learn more at the official website: www.supportmpl.org
Mission Statement of Milwaukee Public Library Foundation Inc
The Milwaukee Public Library Foundation's mission is centered around providing essential support for the Milwaukee Public Library through private contributions. This support extends to crucial resources such as books, materials, programs, and library facilities. The foundation's role is instrumental in ensuring the library continues to thrive as a beacon of knowledge, empowerment, and enrichment, responding to the community's needs. By generating private-sector support, the foundation supplements tax-based funding, leading to improved collections, expanded programs, enhanced services, and renovated buildings. As a result, the Milwaukee Public Library serves as a vital source of opportunity for over 2 million annual visitors, aiming to improve their daily lives.
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Impact
July, 2024
The impact of Milwaukee Public Library Foundation Inc is significant in advancing the long-range goals of the Milwaukee Public Library. By generating private-sector support to supplement tax-based funding, the foundation has led to improved collections, expanded programs, enhanced services, and renovated buildings at the library. This support is instrumental in providing inspiration and opportunity for all who rely on the library to improve their daily lives. Through the Foundation's efforts, Milwaukee Public Library remains a vital source of knowledge, empowerment, and enrichment for more than 2 million annual visitors, offering essential resources and services to the community.
This information is meant to be a general summary of Milwaukee Public Library Foundation Inc. 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: $34,747
- Gross Receipts: $2,273,925
Assets and Liabilities:
- Total Assets: $3,702,103
- Total Liabilities: $46,128
- Net Assets: $3,655,975
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Organization Details
Founding Year
1988
Phone
(414) 286-3784Principal Officer
Ryan E Daniels
Main Address
814 W WISCONSIN AVE, MILWAUKEE, WI, 532332309
Website
www.supportmpl.orgNTEE Category
Code: B70 - Education
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