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Milwaukee Institute of Art & Design

Milwaukee, WI · EIN 39-1201561 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Milwaukee Institute of Art & Design reported $40.2 million in revenue and $39.4 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $85.70 went to program services, $13.04 to management and general costs and $1.26 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.9% of the total. The highest compensation it reported for one person was $320,552 (PRESIDENT). 5 people received more than $100,000 in reportable compensation. Revenue rose 11% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $39M

For 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 May 31, 2025 · Form 990, Part VIII · total revenue $40M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.23$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
5.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
92.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$320,552$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.81%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.213.3
Independent voting board members
Part VI 1a–1b
28 of 28100.0%

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 expense
$34M expenses · 100.0% of program spending · grants $19M · revenue $37M

As wisconsin's only four-year, nonprofit college of Art and Design, the Milwaukee Institute of Art & Design (miad) was founded in 1974 and offers a bachelor of fine arts degree accredited by the higher learning commission and the national association of schools of Art and Design. The college enrolls approximately 850 students in seven majors: communication design, fashion and apparel design, fine art + new studio practice, illustration (general and animation track), interior architecture and design and product design. Miad engages all students in a service learning program with 200+ nonprofit…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 40.00 hrs/week
$283,269$0$37,283$320,552
VP FINANCIAL AFFAIRS
Officer, 40.00 hrs/week
$164,357$0$31,577$195,934
VP INSTITUTIONAL ADVANCEMENT
Highest compensated employee, 40.00 hrs/week
$156,061$0$31,181$187,242
VP ENROLLMENT MANAGEMENT
Highest compensated employee, 40.00 hrs/week
$143,665$0$24,100$167,765
VP ACADEMIC AFFAIRS
Highest compensated employee, 40.00 hrs/week
$143,981$0$2,808$146,789

5 people received more than $100,000 in reportable compensation from Milwaukee Institute of Art & Design (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$40M$39M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$40M$39M85.7%$20M$320,552
FY2024 ⓘ$40M$40M86.0%$20M$314,111
FY2023 ⓘ$40M$40M86.0%$19M$278,298
FY2022 ⓘ$42M$39M88.7%$19M$267,269
FY2021 ⓘ$42M$38M88.5%$17M$262,910
FY2020 ⓘ$36M$34M87.5%$12M$264,382

Governance 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–1b28 · 28 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 14bNo
  • Employees Part I, line 5570
  • Volunteers Part I, line 628

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
AMERICAN FOOD & VENDING CORP
Food service operations
$885,554
ALLIED UNIVERSAL
Security personnel
$370,117
DILLETT MECHANICAL SERVICE
Hvac mechanical contractor
$177,153

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

30 private foundations reported grants to Milwaukee Institute of Art & Design totaling $481K 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 Institute of Art & Design'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 Institute of Art & Design, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Wisconsin

Questions people ask

How much of Milwaukee Institute of Art & Design's spending goes to programs?

In the fiscal year ending May 31, 2025, Milwaukee Institute of Art & Design reported that 85.7% of its $39.4 million in expenses went to program services, 13.0% to management and general and 1.3% to fundraising (Form 990, Part IX).

How much does Milwaukee Institute of Art & Design pay its top executive?

The largest total compensation Milwaukee Institute of Art & Design reported for one person in the fiscal year ending May 31, 2025 was $320,552, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Milwaukee Institute of Art & Design get its money?

Of $40.2 million in revenue in the fiscal year ending May 31, 2025, 5.5% came from contributions and grants (including 0.5% from government grants) and 92.9% from program service revenue (Form 990, Part VIII).

Is Milwaukee Institute of Art & Design a registered charity?

The IRS lists EIN 39-1201561 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 May 31, 2025, object 202601039349301030 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202412899349300641 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202302899349302150 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202203189349314190 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202220219349300317 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202130199349300613 · read the filing

All filings for EIN 39-1201561: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.