Overview
What is The University School Of Milwaukee Corporation?
The University School of Milwaukee Corporation, a Milwaukee, Wisconsin-based nonprofit, is an independent institution providing education from pre-kindergarten through 12th grade. With a rich endowment of approximately 90 million dollars, the school's resources include tuition, auxiliary program revenues, and other gifts, enabling it to enhance programs and grow. The exceptional PK-12 education offered at USM fosters a supportive and inclusive community, igniting students' passion for learning, leadership, and service. USM's commitment to academic excellence is grounded in expertise and innovation, with a core philosophy, the Common Trust, that emphasizes respect, trust, honesty, fairness, and kindness among its members.
Official website here: www.usm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The University School of Milwaukee Corporation has achieved a commendable Four-Star rating from Charity Navigator, signifying a high level of accountability and financial health. This rating is particularly impressive as it is primarily based on their Accountability & Finance score, reflecting a commitment to transparency and responsible management of funds.
The organization boasts a perfect score for having a majority of independent board members, with 100% of its board being independent, indicating strong governance practices. Their financial oversight is evident through a robust audit and oversight committee, and there are no reported issues regarding the diversion of assets. This level of diligence contributes to a solid reputation among donors and stakeholders.
Despite the positive aspects highlighted, the summary does not provide further information on programmatic impact or community feedback, which are also crucial elements in evaluating a nonprofit's overall effectiveness. Nonetheless, the strong financial metrics and governance practices suggest that the University School of Milwaukee Corporation is well-positioned to fulfill its mission successfully.
This AI summary has been generated from information found on Charity Navigator.
Is The University School Of Milwaukee Corporation legitimate?
The University School Of Milwaukee Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University School Of Milwaukee Corporation 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: $592,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,403,803
For more financial information, click here
Official website here: www.usm.org
What is the mission statement of The University School Of Milwaukee Corporation?
The University School of Milwaukee Corporation is dedicated to providing an exceptional PK-12 independent school education. The supportive and inclusive community at the school is founded on the Common Trust, a philosophy that encourages respect, trust, honesty, fairness, and kindness among its members. By igniting a passion for learning, leadership, and service, the school prepares each student as an individual for success in higher education and a life of purpose. The school embraces a tradition of superior academic achievement through a commitment to expertise and innovation. The Common Trust, expressed in a pledge taken by all members of the school community, forms the core of the school's guiding principles.
Official website here: www.usm.org
Who is the CEO of The University School Of Milwaukee Corporation?
Greg Smith is the President of The University School Of Milwaukee Corporation.
Official website here: www.usm.org
What is the revenue of The University School Of Milwaukee Corporation?
The University School Of Milwaukee Corporation's revenue in 2022 was $36,383,690.
Official website here: www.usm.org
Who are the executives of The University School Of Milwaukee Corporation and what are their salaries?
The average compensation at The University School Of Milwaukee Corporation during 2022 was $38,540. There are 441 employees and 200 volunteers at The University School Of Milwaukee Corporation.
Here are 33 key members and their salaries:
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- Other: $74,806
Official website here: www.usm.org
Where can I find the form 990 for The University School Of Milwaukee Corporation?
The University School Of Milwaukee Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usm.org
Learn more at the official website: www.usm.org
Mission Statement of The University School Of Milwaukee Corporation
The University School of Milwaukee Corporation, commonly known as USM, is a PK-12 independent school that delivers exceptional education rooted in a supportive and inclusive community. Established on the foundation of the Common Trust, this guiding principle fosters respect, trust, honesty, fairness, and kindness among its members. With a commitment to academic excellence, USM nurtures students as individuals, instilling a passion for learning, leadership, and service.
By providing a top-tier education, USM prepares each student for success in higher education and a purposeful life. Its rich academic tradition is underpinned by expertise and innovation, ensuring that students receive a well-rounded education. The Common Trust pledge, which binds the USM community, is the cornerstone of the school's values and is reflected in its approach to teaching and learning.
USM's inclusive environment encourages students to grow and thrive, fostering their unique talents and abilities. Through its exceptional academic programs, USM equips students with the knowledge and skills they need to excel in their future endeavors. The school's commitment to the Common Trust fosters a strong sense of community among its members, creating an environment where students can learn, grow, and succeed.
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Impact
October, 2024
The University School of Milwaukee Corporation significantly impacts education in the Milwaukee community by providing an outstanding independent school experience for students from pre-kindergarten through 12th grade. The school fosters a supportive and inclusive environment, anchored by its foundational principle of the Common Trust. This philosophy guides relationships within the school community, promoting respect, honesty, and kindness among students, faculty, and families.
By igniting a passion for learning, leadership, and service, the University School of Milwaukee prepares each student for not only success in higher education but also for a meaningful life. The school's commitment to academic excellence is evident in its innovative programs and expert faculty, which enhance the educational experience and support superior academic achievement.
With a robust endowment of approximately $90 million accumulated over two decades, the school is well-positioned for future program enhancements and growth. This financial stability further enables the University School of Milwaukee to adapt and innovate in response to the evolving educational landscape, ensuring that it continues to meet the needs of its diverse student body.
Overall, the University School of Milwaukee exemplifies a commitment to excellence in education, contributing positively to individual students' futures and the broader community by cultivating engaged, well-rounded citizens.
This information is meant to be a general summary of The University School Of Milwaukee Corporation. 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: $10,069
- Program Service Revenue: $30,288,578
- Gross Receipts: $36,654,511
Assets and Liabilities:
- Total Assets: $57,287,389
- Total Liabilities: $5,980,575
- Net Assets: $51,306,814
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$28,914,475
AUXILIARY ENTERPRISES
Revenue
$693,380
AUXILIARY EDUCATIONAL PROGRAMS
Revenue
$640,874
STUDENT ACTIVITIES
Revenue
$39,849
Organization Details
Founding Year
1851
Phone
(414) 352-6000Principal Officer
Greg Smith
Main Address
2100 W FAIRY CHASM ROAD, MILWAUKEE, WI, 53217
Website
www.usm.orgNTEE Category
Code: B200 - Education
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