Nonprofit · EIN 47-3620094
MILWAUKEE BUCKS FOUNDATION INC
Tax-exempt · MILWAUKEE, WI 53212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 (amended) | $634,382 | $293,105 | $341,277 | $830,138 | $156,554 | $673,584 |
| June 30, 2023 | 990 | $611,711 | $620,666 | -$8,955 | $706,419 | $374,112 | $332,307 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $308,698
- Program service revenue
- $0
- Investment income
- $60,134
- Royalties
- $20,067
- Net gain from sales of assets
- $55,549
- Net income from fundraising events
- -$8,718
- Net income from gaming
- $254,201
- Other revenue
- $265,550
Expenses
- Grants and similar amounts paid
- $266,964
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,710
- Accounting fees
- $14,965
- Program services (functional)
- $266,964
- Management and general (functional)
- $26,141
Balance sheet and other
- Total assets, start of year
- $706,419
- Total assets, end of year
- $830,138
- Total liabilities, end of year
- $156,554
- Net assets, end of year
- $673,584
- Net assets without donor restrictions
- $630,584
- Net assets with donor restrictions
- $43,000
- Gross receipts
- $1,231,507
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ARVIND GOPALRATNAM | EXECUTIVE DIRECTOR Officer | 2.6 | $0 | $148,628 | $63,822 |
| JAMES DINAN | BOARD CHAIR Trustee or director, Officer | 0.15 | $0 | $0 | $0 |
| WESLEY EDENS | SECRETARY Trustee or director, Officer | 0.15 | $0 | $0 | $0 |
| JIMMY HASLEM | TREASURER Trustee or director, Officer | 0.15 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ARVIND GOPALRATNAM | EXECUTIVE DIRECTOR Officer | 2.6 | $0 | $150,180 | $58,555 |
| JAMES DINAN | BOARD CHAIR Trustee or director, Officer | 0.15 | $0 | $0 | $0 |
| WESLEY EDENS | SECRETARY Trustee or director, Officer | 0.15 | $0 | $0 | $0 |
| MARC LASRY | TREASURER Trustee or director, Officer | 0.15 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1543 N 2ND STREET, MILWAUKEE, WI 53212-4001
- Principal officer (990 for 2023)
- ARVIND GOPALRATNAM, 1543 N 2ND STREET, MILWAUKEE, WI 53213
- Signed the 990
- ARVIND GOPALRATNAM, EXECUTIVE DIRECTOR
- Phone
- (414) 227-0500
- Website
- WWW.NBA.COM/BUCKS/FOUNDATION
- 990-N for 2014 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: John Steinmiller, 1001 North 4th Street, Milwaukee WI 53203. Mailing address: 1001 North 4th Street, Milwaukee WI 53203.
- Return prepared by
- QBCO ADVISORY LLC
Mission
IMPROVE THE QUALITY OF LIFE FOR YOUTH AND FAMILIES IN WISCONSIN FOCUSING ON YOUTH EDUCATION, HEALTH, WELLNESS AND COMMUNITY BETTERMENT
Program accomplishments
- MILWAUKEE BUCKS FOUNDATION IS DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR YOUTH AND FAMILIES IN WISCONSIN FOCUSING ON YOUTH EDUCATION, HEALTH, WELLNESS AND COMMUNITY BETTERMENT.Expenses $266,964 · grants $266,964
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 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-3620094
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $830,138
- Income (IRS master file)
- $1,231,507
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $593,773 | $290,395 | $830,138 | IRS |
| 990 | June 2023 | $611,711 | $620,666 | $706,419 | XML |
| 990 | June 2022 | $863,348 | $713,283 | $733,262 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2014 Officer: John Steinmiller Filed under this EIN, most likely by a chapter or affiliate | June 30, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-3620094).
Questions about MILWAUKEE BUCKS FOUNDATION INC
- What is the EIN of MILWAUKEE BUCKS FOUNDATION INC?
- The employer identification number (EIN) of MILWAUKEE BUCKS FOUNDATION INC is 47-3620094.
- Is MILWAUKEE BUCKS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to MILWAUKEE BUCKS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MILWAUKEE BUCKS FOUNDATION INC 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 MILWAUKEE BUCKS FOUNDATION INC 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 MILWAUKEE BUCKS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of MILWAUKEE BUCKS FOUNDATION INC?
- The 990 for the year ended June 30, 2024 names ARVIND GOPALRATNAM.
- Who are the officers and directors of MILWAUKEE BUCKS FOUNDATION INC?
- The 990 for the year ended June 30, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MILWAUKEE BUCKS FOUNDATION INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $634,382, expenses of $293,105 and total assets of $830,138 at year end.
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