Bronzeville Center For The Arts Inc
- Assets
- $9.8m
- Revenue
- $4.3m
- Investments
- $3.8m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- Data as of
- 12/2023
- EIN
- 85-3913048
Organization Overview
Bronzeville Center For The Arts Inc is located in Milwaukee, WI. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bronzeville Center For The Arts Inc 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, Bronzeville Center For The Arts Inc generated $4.3m in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 51.0% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Kern Governance Committee Chair | 10 | $0 | |
Della Wells Vice President | 10 | $0 | |
Terri Boxer Secretary And Interim Treasurer | 10 | $0 | |
Freida Tesfagiorgis Board Member | 1 | $0 | |
Sande Robinson Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
M&e Architects And Engineers | 12/30/23 | $347,246 |
Mueller Communications | 12/30/23 | $67,527 |
Dj Williams Consulting Group | 12/30/23 | $102,991 |
Godfrey & Kahn Sc | 12/30/23 | $59,754 |
Jordon Contruction | 12/30/23 | $956,681 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,023,071 |
| Interest on Savings | $0 |
| Dividends & Interest | $308,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,166 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,303,528 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $506,666 |
| Pension plans, employee benefits | $58,298 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $40,858 |
| Travel, conferences, and meetings | $24,584 |
| Printing and publications | $0 |
| Other expenses | $79,310 |
| Total operating and administrative expenses | $1,075,764 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,075,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $272,094 |
| Savings and temporary cash investments | $3,477,505 |
| Net Accounts receivable | $5,644 |
| 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 | $2,091 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,775,984 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,238,213 |
| Total assets | $9,771,531 |
| Accounts payable and accrued expenses | $64,691 |
| 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 | $64,691 |
Grants Awarded
Over the last fiscal year, Bronzeville Center For The Arts Inc has awarded $4,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CUPED CORPORATION PURPOSE: COMMUNITY SUPPORT | $4,000 |
UNIVERSITY OF WISCONSIN-MADISON PURPOSE: CHAZEN MUSEUM OF ART | $500 |