Arts, Culture & Humanities
(A690)
IRS Verified
DX Registered
990 on File
MILWAUKEE SYMPHONY ORCHESTRA INC
Financial strength (30%)
85/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The Milwaukee Symphony Orchestra mission is a guiding set of principles, which state that the orchestra exists for three purposes: to comfort, educate, entertain and exhilarate the human soul through events of cultural significance, relevance and artistic challenge; to embrace, preserve and foster our musical heritage; and to enhance the vibrancy of our community.
Financial Overview — FY 2024
$20.4M
Total Revenue
$23.6M
Total Expenses
$121.7M
Net Assets
363
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.1%
Fundraising Efficiency
1420.3%
Operating Reserve
61.77x
Liability-to-Asset
5.3%
Revenue Diversification
70.0%
Executive Compensation
$945K
Compared with Peers
FY 2024
Compared with 433 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.1% | 79.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.0% | 13.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.9% | 5.9% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1420.3% | 812.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
61.8 mo | 29.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.3% | 12.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
70.0% | 67.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
10.3% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.7% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-16.1% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $20.4M | $23.6M | $121.7M | 76.1% | 363 |
| 2023 | $18.5M | $23.3M | $116.8M | 74.0% | 389 |
| 2022 | $27.2M | $22.3M | $114.3M | 73.3% | 249 |
| 2021 | $33.2M | $13.9M | N/A | — | 249 |
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