Nonprofit · EIN 39-1381331
BRAM INSTITUTE CORPORATION
Tax-exempt · MADISON, WI 53703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $561,800 | $455,889 | $105,911 | $1,496,848 | $154,086 | $1,342,762 |
| June 30, 2024 | 990 | $550,248 | $503,485 | $46,763 | $1,301,107 | $167,743 | $1,133,364 |
| June 30, 2023 | 990 | $568,866 | $407,385 | $161,481 | $1,146,529 | $153,745 | $992,784 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $549,565
- Investment income
- $12,235
- Net gain from sales of assets
- $11,583
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $55,034
- Salaries, compensation and benefits (total)
- $59,207
- Professional fundraising fees
- $0
- Legal fees
- $4,260
- Accounting fees
- $19,140
- Occupancy
- $197,641
- Travel
- $857
- Depreciation
- $15,682
- Program services (functional)
- $374,224
- Management and general (functional)
- $81,665
Balance sheet and other
- Total assets, start of year
- $1,301,107
- Total assets, end of year
- $1,496,848
- Total liabilities, end of year
- $154,086
- Net assets, end of year
- $1,342,762
- Land, buildings and equipment
- $49,115
- Net assets without donor restrictions
- $1,342,762
- Gross receipts
- $561,800
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1981
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARMEN PORCO | TREASURER Trustee or director, Officer | 20 | $34,710 |
| MARGARET PORCO | PRESIDENT Trustee or director, Officer | 20 | $0 |
| JOHN PORCO | VICE PRESIDENT Trustee or director, Officer | 20 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET PORCO | PRESIDENT Trustee or director, Officer | 20 | $32,868 |
| JOHN PORCO | VICE PRESIDENT Trustee or director, Officer | 20 | $21,997 |
| CARMEN PORCO | TREASURER Trustee or director, Officer | 20 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARMEN PORCO | TREASURER Trustee or director, Officer | 20 | $0 |
| MARGARET PORCO | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JOHN PORCO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7 N PINCKENY ST 102, MADISON, WI 53703-4208
- Principal officer (990 for 2024)
- MARGARET PORCO, 7 N PINCKNEY STREET 120, MADISON, WI 53703
- Signed the 990
- MARGARET PORCO, PRESIDENT
- Phone
- (608) 255-2759
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
PROVIDE HOUSING FOR LOWER INCOME FAMILIES, FAMILIES DISPLACED FROM URBAN RENEWAL AREAS, AS A RESULT OF GOVERNMENT ACTION, OR MAJOR DISASTER-WHERE NO ADEQUATE HOUSING EXISTS FOR THESE GROUPS. (34 RENTAL UNITS PROVIDED)
Program accomplishments
- PROVIDE HOUSING FOR LOWER INCOME FAMILIES, FAMILIES DISPLACED FROM URBAN RENEWAL AREAS, AS A RESULT OF GOVERNMENT ACTION, OR MAJOR DISASTER-WHERE NO ADEQUATE HOUSING EXISTS FOR THESE GROUPS. (34 RENTAL UNITS PROVIDED)Expenses $374,224 · revenue $549,565
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1381331
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,496,848
- Income (IRS master file)
- $561,800
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $561,800 | $455,889 | $1,496,848 | IRS |
| 990 | June 2024 | $550,248 | $503,485 | $1,301,107 | XML |
| 990 | June 2023 | $568,866 | $407,385 | $1,146,529 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1381331).
Questions about BRAM INSTITUTE CORPORATION
- What is the EIN of BRAM INSTITUTE CORPORATION?
- The employer identification number (EIN) of BRAM INSTITUTE CORPORATION is 39-1381331.
- Is BRAM INSTITUTE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to BRAM INSTITUTE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRAM INSTITUTE CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BRAM INSTITUTE CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRAM INSTITUTE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BRAM INSTITUTE CORPORATION?
- The 990 for the year ended June 30, 2025 names MARGARET PORCO.
- Who are the officers and directors of BRAM INSTITUTE CORPORATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 1 received compensation from the organization, the highest $34,710 (CARMEN PORCO, TREASURER).
- How much revenue does BRAM INSTITUTE CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $561,800, expenses of $455,889 and total assets of $1,496,848 at year end.
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