Milwaukee Youth Arts Center Foundation Inc
The corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code ("irc") and for the benefit of, to perform the functions of, or to carry out the purposes of first stage milwaukee, inc. ("fsm"), so long as fsm is described in irc section 509(a)(1) or (2), and milwaukee youth symphony orchestra, inc. ("myso"), so long as myso is described in irc section 509(a)(1) or (2); to engage in activities relating to the aforementioned purposes; and to invest in, receive, hold, use and dispose of all property, real or personal, as may be necessary or desirable to carry into effect aforementioned purposes.as part of its mission to support fsm and myso, the foundation is acting as a leverage lender in a new market tax credit transaction involving milwaukee youth arts center, inc. As well as fundraising and holding funds with donor restriction to be used as part of the myac capital campaign.
Key facts about Milwaukee Youth Arts Center Foundation Inc
In short: Milwaukee Youth Arts Center Foundation Inc gave $180K across 1 grant in 2025 (avg $180K), mostly in Wisconsin. Source: 2025 IRS Form 990.
- EIN
- 85-3869530
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $179,930
- Grants made (2025)
- 1
- Average grant
- $179,930
- Median grant
- $179,930
- Total assets
- $9,739,179
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$9.7M
-0.5% YoY
Annual Giving
$180K
-40.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$180K
-40.0% YoY
How Milwaukee Youth Arts Center Foundation Inc gives
- Giving grew 426% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Milwaukee Youth Arts Center Foundation Inc
Based on IRS filings
Milwaukee Youth Arts Center Foundation Inc is a public charity focused on Arts, Culture & Humanities, based in Milwaukee, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $9.7M in total assets. In 2025, it awarded 1 grant totaling $180K. Net investment income was $171K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $34K (2022) to $437K (2021). In 2025 it made 1 grant totaling $180K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Milwaukee Youth Arts Center Inc ($180K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 5 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Milwaukee Youth Arts Center Inc Milwaukee, WI | Program Assistance | $179,930 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $9,739,179 | $9,791,077 | $9,914,311 |
| Revenue | $170,539 | $204,687 | $135,060 |
| Expenses | $219,759 | $327,921 | $295,618 |
| Net Investment Income | $170,539 | $184,111 | $128,983 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS March 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 25, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 28, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Milwaukee Youth Arts Center Foundation Inc is led by Chad Tessmer, Executive Director on every filing since 2023; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Chad Tessmer
Executive Director
On filings since 2023
10 hrs/week
No compensation reported
Jack Nelson
Chair
On filings since 2022
0.3 hrs/week
No compensation reported
Qingqiu Li
Treasurer
On filings since 2024
0.5 hrs/week
No compensation reported
Lauren Vollrath
Secretary
New on the 2025 filing
0.5 hrs/week
No compensation reported
Sue Clausing
Vice Chair
New on the 2025 filing
0.5 hrs/week
No compensation reported
Former officers (6)
- Former: Karen Guy (2021–2024) — Vice Chair
- Former: Mark Goldstein (2021–2024) — Secretary
- Former: Joel Nettesheim (2021–2023) — Treasurer
- Former: William Mortimore (2021–2023) — President
- Former: Bruce Block (2021–2022) — Chair -
- Former: Del F. Wilson (2021–2022) — Executive Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Milwaukee Youth Arts Center Foundation Inc
How much does Milwaukee Youth Arts Center Foundation Inc give each year?
Milwaukee Youth Arts Center Foundation Inc gave $180K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $300K across 1 grant.
How large is Milwaukee Youth Arts Center Foundation Inc?
Milwaukee Youth Arts Center Foundation Inc reported $9.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $171K.
What is Milwaukee Youth Arts Center Foundation Inc?
Milwaukee Youth Arts Center Foundation Inc is a public charity focused on Arts, Culture & Humanities, based in Milwaukee, WI. It holds $9.7M in total assets as of 2025.
Where does Milwaukee Youth Arts Center Foundation Inc operate?
Milwaukee Youth Arts Center Foundation Inc has awarded grants in Wisconsin.
What is Milwaukee Youth Arts Center Foundation Inc's EIN?
Milwaukee Youth Arts Center Foundation Inc's EIN (Employer Identification Number) is 85-3869530. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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