Musser Fund
- Assets
- $17.4m
- Revenue
- $1.2m
- Investments
- $15.7m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/1993
- Data as of
- 12/2023
- EIN
- 41-6334475
Organization Overview
Musser Fund is located in Milwaukee, WI. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musser Fund 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 12/2023, Musser Fund generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Musser Fund has awarded 362 individual grants totaling $3,401,731. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sophia Walker Director | 2 | $10,000 | |
Roger Kilgore Director | 2 | $10,000 | |
Hilery Lindmier Director | 2 | $10,000 | |
Suzanne Duke Director | 2 | $10,000 | |
Sarah Gadd Director | 2 | $10,000 | |
William Bullock Jr Director | 2 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $606,411 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $599,022 |
| Capital Gain Net Income | $599,022 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,115 |
| Total Revenue | $1,206,548 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $286,998 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,940 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $32,794 |
| Printing and publications | $0 |
| Other expenses | $25,959 |
| Total operating and administrative expenses | $522,525 |
| Contributions, gifts, grants paid | $972,852 |
| Total expenses and disbursements | $1,495,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,524 |
| Savings and temporary cash investments | $1,668,413 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,537,105 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,305 |
| Total assets | $17,358,510 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Musser Fund has awarded $972,852 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF KELLOGG PURPOSE: GENERAL OPERATING | $5,000 |
SAFE FAM FOR CHILD W CEN MN CPTR PURPOSE: GENERAL OPERATING | $25,000 |
DODGE COUNTY ENVIRONMENTAL SERVICES PURPOSE: GENERAL OPERATING | $15,000 |
TOWNSHIP OF CRYSTAL BAY PURPOSE: GENERAL OPERATING | $5,000 |
SHERIDAN ARTISTS GUILD ET AL PURPOSE: GENERAL OPERATING | $12,000 |
LOUISE ADELIA READ MEMORIAL LIBRARY PURPOSE: GENERAL OPERATING | $5,000 |