Civic Intelligence

The Milbank Foundation

EIN 11-5125050 • Milwaukee, WI

Revoked

Profile

Revocation date: May 15, 2024

343 N Water Street No 649Milwaukee, WI 53202
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

$10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.24x

Higher debt load relative to revenue than 59% of similar nonprofits.

$10M-$25M nonprofits • Source year 2020

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

$10M-$25M nonprofits • Source year 2020

Top Officer Pay

28th percentile

$24,000

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

$10M-$25M nonprofits • Source year 2020

Asset Growth

40th percentile

1.6%

Faster asset growth than 40% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-5.4%

Faster revenue growth than 24% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$24,905,067

Up $399,590 (+1.6%) from 2019

Liabilities

Down

$313,748

Down $326,083 (-51%) from 2019

Net Assets

$24,591,319

No earlier filing loaded for comparison.

Revenue

Down

$1,325,249

Down $76,273 (-5.4%) from 2019

Expenses

Up

$1,655,751

Up $24,558 (+1.5%) from 2019

Net Income

Down

-$330,502

Down $100,831 (-44%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $26,569,500Liabilities 2011: $833,0402011Assets 2012: $27,537,112Liabilities 2012: $1,566,2552012Assets 2013: $30,429,056Liabilities 2013: $1,702,5192013Assets 2014: $28,236,120Liabilities 2014: $1,860,2462014Assets 2015: $24,068,853Liabilities 2015: $1,330,1752015Assets 2019: $24,505,477Liabilities 2019: $639,8312019Assets 2020: $24,905,067Liabilities 2020: $313,748Net Assets 2020: $24,591,3192020

Highlighted filing

2020

Assets$24,905,067
Liabilities$313,748
Net Assets$24,591,319

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,075,846Expenses 2011: $1,430,734Net Income 2011: -$354,8882011Revenue 2012: $1,352,128Expenses 2012: $2,583,189Net Income 2012: -$1,231,0612012Revenue 2013: $2,347,876Expenses 2013: $2,436,540Net Income 2013: -$88,6642013Revenue 2014: $2,498,970Expenses 2014: $3,803,120Net Income 2014: -$1,304,1502014Revenue 2015: $2,728,049Expenses 2015: $3,330,527Net Income 2015: -$602,4782015Revenue 2019: $1,401,522Expenses 2019: $1,631,193Net Income 2019: -$229,6712019Revenue 2020: $1,325,249Expenses 2020: $1,655,751Net Income 2020: -$330,5022020

Highlighted filing

2020

Revenue$1,325,249
Expenses$1,655,751
Net Income-$330,502

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 24, 2022
Return Version
2020v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS OLANDERAsst SecretaryPT$24,000-$24,000
JEREMIAH M BOGERTChairman & Secretary-$0--
JEREMIAH M BOGERT JRDirector-$0--
JEREMIAH MILBANK IIIPresident & Treasurer-$0--
CARL HELSTROM SEE FOOTNOTEExec Director/Asst TreasurPT$0--
REV TERENCE ELSBERRYDirector-$0--
MILLICENT BOGERTDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Milbank Foundation
EIN
11-5125050
Phone
6099512283
Address
343 N WATER STREET NO 649, MILWAUKEE, WI 53202

Signing Officer

Name
Carl Helstrom
Title
Executive Director
Phone
6099512283
Signed
2022-02-24
Discuss with paid preparer
Yes

Preparer

Firm
Owen J Flanagan & Co
Address
60 East 42nd Street, New York, NY 10165
Preparer
Kevin Sunkel
Phone
2126822783
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0SANDERSON INTERNATIONAL VALUE FUND
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1PIMCO DYNAMIC BOND-INST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt2PIMCO MRTG OPP & BND-INST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt3REAL ESTATE & INFRASTRUCTURE
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt05764925
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt152901
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt283512
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt320501
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd0FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd1FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd2FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd3FMV
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt0410873
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt0914376
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt01325249
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/UnrelatedBusinessTaxblIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt01325249
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt05000
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt05000
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt010000
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt0914376
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt024000
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt024000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt01674202
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt01324202
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0410873
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0410873
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-330502
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt04359049
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt0701
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesNetInvstIncmAmt0701
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt01402
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt0914376
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt01125778
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt090061
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt014292
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0104609
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt0179478
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt0179478
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt012060
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt01793964
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0199471
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt01655751
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt01325249
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt01325249
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0119762
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0199471
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0331549
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt03444673
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0914376
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0914376
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt04359049
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0PUBLICLY TRADED SECURITIES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt0914376
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-330502
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt01056175
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt024591319
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt023865646
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt024591319
IRS990PF/DistributableAmountGrp/DeductionFromDistributableAmt00
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt01092850
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt01092850
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt01092850
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt01108498
IRS990PF/DistributableAmountGrp/RecoveriesQualfiedDistriAmt00
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt015648
IRS990PF/DistributableAmountGrp/TotalTaxAmt015648
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt06950
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/BackupWithholdingWithheldAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt08598
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptFrgnOrgTaxWthldAtSrceAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt014000
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt015648
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt06950
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt015648
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt015648
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt022598
IRS990PF/FMVAssetsEOYAmt024905067
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableBOYAmt0129203
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableEOYAmt0130854
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblAmt047217
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblBOYAmt049808
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYAmt047217
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYFMVAmt047217
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt0716162
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt0175275
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt0175275
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsBOYAmt03353511
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYAmt02826532
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYFMVAmt02826532
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt013840325
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt014343851
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt014343851
IRS990PF/Form990PFBalanceSheetsGrp/GrantsPayableBOYAmt0400000
IRS990PF/Form990PFBalanceSheetsGrp/GrantsPayableEOYAmt050000
IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsBOYAmt023865646
IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsEOYAmt024591319
IRS990PF/Form990PFBalanceSheetsGrp/OrganizationFollowsFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt05837706
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt05921839
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYFMVAmt05921839
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesBOYAmt0110628
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt0132894
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt0707965
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt01409060
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt01409060
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt024505477
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt024905067
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt024905067
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt0639831
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt0313748
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt024505477
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt024905067
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt023865646
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt024591319
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsEOYAmt0181293
IRS990PF/Form990PFBalanceSheetsGrp/USGovtObligationsEOYFMVAmt0181293
IRS990PF/MethodOfAccountingAccrualInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt022507564
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0525366
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt021933685
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0337613
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt048513
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt01108498
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt022169951
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt022507564
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt0CAPITAL COUNSEL
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/CompensationAmt076409
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt0INVESTMENT ADVICE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/USAddress/AddressLine1Txt0527 MADISON AVENUE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/USAddress/CityNm0NEW YORK
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/USAddress/StateAbbreviationCd0NY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/USAddress/ZIPCd010022
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/ContractorPaidOver50kCnt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt420.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt324000
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt40
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt50

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