Milwaukee Youth Arts Center Foundation Inc

Public charity · Grantmaker Milwaukee, WI EIN: 85-3869530

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Milwaukee

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

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

Milwaukee Youth Arts Center Inc: $180KMilwaukee Youth Arts CenterInc$180K

The largest 2025 recipient was Milwaukee Youth Arts Center Inc ($180K).

Grant Size Distribution

5 grants across all recorded years

1<$50K$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Milwaukee Youth Arts Center Inc Milwaukee, WIProgram Assistance$179,930

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990 for fiscal year 2021 (received by the IRS March 14, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS April 25, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS March 28, 2026)
  6. 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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