Milwaukee Athletic Club is located in Milwaukee, WI. As of 12/2022, Milwaukee Athletic Club employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milwaukee Athletic Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Milwaukee Athletic Club generated $198.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (67.5%) each year. All expenses for the organization totaled $84.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (76.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
A PRIVATE CLUB THAT PROMOTES ATHLETICS ALONG WITH BUSINESS AND SOCIAL OPPORTUNITIES BY WORKING WITH PARTNERS TO IMPROVE MEMBERSHIP EXPERIENCE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Hunn Director | 1 | $0 | |
Paul Benson Director | 1 | $0 | |
Lauren Falk Director | 1 | $0 | |
John Kissinger Director | 1 | $0 | |
Johanna Roslawski Director | 1 | $0 | |
Hans Kirkegaard Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,310 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $167,122 |
| Total Revenue | $198,432 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,209 |
| Professional fees and other payments to independent contractors | $16,538 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,491 |
| Total expenses | $84,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $320,231 |
| Other assets | $0 |
| Total assets | $491,850 |
| Total liabilities | $484,928 |
| Net assets or fund balances | $6,922 |