University School Of Milwaukee Corporation

Organization Overview

University School Of Milwaukee Corporation is located in Milwaukee, WI. The organization was established in 1964. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, University School Of Milwaukee Corporation employed 407 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University School Of Milwaukee Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, University School Of Milwaukee Corporation generated $37.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $37.0m during the year ending 06/2021. While expenses have increased by 3.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

UNIVERSITY SCHOOL OF MILWAUKEE PROVIDES AN EXCEPTIONAL PK-12 INDEPENDENT SCHOOL EDUCATION IN A SUPPORTIVE, INCLUSIVE COMMUNITY BUILT ON THE FOUNDATION OF OUR COMMON TRUST. 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. USM EMBRACES A TRADITION OF SUPERIOR ACADEMIC ACHIEVEMENT THROUGH A COMMITMENT TO EXPERTISE AND INNOVATION IN OUR SCHOOL. THE COMMON TRUST, THE BASIC PHILOSOPHY OF COMMUNITY BEHAVIOR AT UNIVERSITY SCHOOL OF MILWAUKEE, IS AT THE CORE OF THE SCHOOL'S GUIDING PRINCIPLES, AND IS EXPRESSED IN THE FOLLOWING PLEDGE: "WE, THE MEMBERS OF THE UNIVERSITY SCHOOL OF MILWAUKEE COMMUNITY, ACCEPT THE COMMON TRUST. WE AGREE TO RELATE TO ONE ANOTHER AND THE SCHOOL WITH RESPECT, TRUST, HONESTY, FAIRNESS, AND KINDNESS."

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNIVERSITY SCHOOL OF MILWAUKEE CORP IS A NONPROFIT INDEPENDENT SCHOOL PROVIDING PREKINDERGARTEN THROUGH 12TH GRADE EDUCATION. THE SCHOOL'S ENDOWMENT RECENTLY PASSED THE $100 MILLION MARK, WHICH IS MORE THAN THREE TIMES THE ANNUAL OPERATING BUDGET. THE ENDOWMENT, ALONG WITH TUITION AND AUXILIARY PROGRAM REVENUES AND OTHER GIFTS TO THE SCHOOL, ALLOW USM TO POSITION ITSELF WELL FOR FUTURE PROGRAM ENHANCEMENTS AND GROWTH.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hurzinger Construction Co
Construction
$426,502
Compass Group Usa
Food Services
$1,184,355
Paymerang
Financial Consulting
$6,563,312
Novir Llc
School Wide Covid Testing
$209,313
Butters Fetting Co Inc
Install Equipment, Service Equipment, Pr
$246,395
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,307,130
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,430,434
Noncash contributions included in lines 1a–1f $142,833
Total Revenue from Contributions, Gifts, Grants & Similar$8,737,564
Total Program Service Revenue$28,721,641
Investment income $16,557
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $4,853
Net Income from Gaming Activities $34,249
Net Income from Sales of Inventory $16,753
Miscellaneous Revenue$0
Total Revenue $37,531,617

Grants Recieved

Over the last fiscal year, we have identified 3 grants that University School Of Milwaukee Corporation has recieved totaling $1,168.

Awarding OrganizationAmount
Sokol Foundation Inc

Brush Prairie, WA

PURPOSE: UNRESTRICTED

$868
$300
Alexander And Sarah Cutler Family Foundation

Gates Mills, OH

PURPOSE: GENERAL TAX-EXEMPT PURPOSES

$0
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$80,091,021
Earnings$22,670,092
Admin Expense$10,700
Net Contributions$557,401
Grants$4,544,007
Ending Balance$98,763,807

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