Milwaukee School of Engineering
Milwaukee School of Engineering reported $211.4 million in revenue and $190.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $96.45 went to program services, $2.36 to management and general costs and $1.19 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 74.5% of the total. The highest compensation it reported for one person was $670,202 (PRESIDENT). 124 people received more than $100,000 in reportable compensation. Revenue rose 30% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $190MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $211MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 96.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 20.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 74.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $670,202 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.35% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 124 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 25.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 40 of 40 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseMilwaukee School of Engineering (msoe) is a nonprofit, nonsectarian university providing a balanced education at the undergraduate and graduate level in the disciplines of engineering, business, mathematics, and nursing. Milwaukee School of Engineering is the university of choice for those seeking an inclusive community of experiential learners driven to solve the complex challenges of today and tomorrow. Total student enrollment for the fall of 2024-25 was approximately 2,956, of which 2,705 were undergraduates and 251 were graduate students. Msoe is at the forefront of applied ai education.…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 50.00 hrs/week | $625,191 | $0 | $45,011 | $670,202 |
| VP - FINANCE AND CFO Officer, 50.00 hrs/week | $285,443 | $0 | $42,098 | $327,541 |
| EVP - ACADEMICS Officer, 50.00 hrs/week | $283,096 | $0 | $40,412 | $323,508 |
| VP - UNIVERSITY ADVANCEMENT Officer, 50.00 hrs/week | $271,394 | $0 | $40,599 | $311,993 |
| VICE CHAIR, PROGRAM DIRECTOR Officer, 50.00 hrs/week | $224,998 | $0 | $84,224 | $309,222 |
| VP - MARKETING & COMMUNITY ENGAGEMENT Officer, 50.00 hrs/week | $201,621 | $0 | $81,008 | $282,629 |
| VP - CAMPUS INFRASTRUCTURE Officer, 50.00 hrs/week | $228,399 | $0 | $25,708 | $254,107 |
| PROF. DEPT. VICE CHAIR, PROGRAM DIR. Highest compensated employee, 40.00 hrs/week | $211,285 | $0 | $38,526 | $249,811 |
124 people received more than $100,000 in reportable compensation from Milwaukee School of Engineering (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b40 · 40 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,627
- Volunteers Part I, line 6537
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| AMERICAN FOOD AND VENDING CORPORATION Food service | $4,764,126 |
| RAMLOWSTEIN Architects | $1,093,767 |
| LEE MECHANICAL INC Mechanical contractor | $1,086,299 |
| EVERSPRING Technology and consulting | $725,341 |
| ENCOURA Parent emails - admissions | $366,744 |
Individuals listed as contractors are left out. 26 contractors were paid more than $100,000 in all.
Private foundation grants it received
40 private foundations reported grants to Milwaukee School of Engineering totaling $858K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Milwaukee School of Engineering's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Milwaukee School of Engineering, you can publish a response that is linked from this page.
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Of every $100 Milwaukee School of Engineering spent in FY2025, $96.45 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- St Lawrence UniversityCanton, NY · revenue $211M · programs 85.9% · FY2025
- Berea CollegeBerea, KY · revenue $212M · programs 76.9% · FY2025
- Manhattan UniversityRiverdale, NY · revenue $210M · programs 86.4% · FY2025
- Harvard Private Capital RealtyBoston, MA · revenue $212M · programs 100.0% · FY2025
- Challenger School FoundationSandy, UT · revenue $210M · programs 87.2% · FY2025
Questions people ask
How much of Milwaukee School of Engineering's spending goes to programs?
In the fiscal year ending June 30, 2025, Milwaukee School of Engineering reported that 96.4% of its $190.2 million in expenses went to program services, 2.4% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does Milwaukee School of Engineering pay its top executive?
The largest total compensation Milwaukee School of Engineering reported for one person in the fiscal year ending June 30, 2025 was $670,202, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Milwaukee School of Engineering get its money?
Of $211.4 million in revenue in the fiscal year ending June 30, 2025, 20.8% came from contributions and grants (including 3.9% from government grants) and 74.5% from program service revenue (Form 990, Part VIII).
Is Milwaukee School of Engineering a registered charity?
The IRS lists EIN 39-0477970 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641149349300244 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521339349303027 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420829349300857 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331019349300108 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231039349300208 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100919349300005 · read the filing
All filings for EIN 39-0477970: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.