Civic Intelligence

Mpc Endowment Ltd.

990EZ • Fiscal year 2022 • EIN 23-7375882

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 12, 2023

Organization Profilemilwaukeepressclub.org/mpc-endowment
1505 N 119th StMilwaukee, WI 53226

(414) 617-6597

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

80th percentile

31%

Higher net margin than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

18th percentile

-31%

Faster revenue growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$458,857

Up $152,994 (+50%) from 2021

Net Assets

Up

$458,857

Up $152,994 (+50%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin80th percentile

Revenue

Down

$56,088

Down $24,662 (-31%) from 2021

Expenses

Up

$38,767

Up $17,744 (+84%) from 2021

Net Income

Down

$17,321

Down $42,406 (-71%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2021: $305,863Liabilities 2021: $0Net Assets 2021: $305,8632021Assets 2022: $458,857Liabilities 2022: $0Net Assets 2022: $458,8572022Assets 2023: $498,533Liabilities 2023: $0Net Assets 2023: $498,5332023Assets 2024: $646,402Liabilities 2024: $0Net Assets 2024: $646,4022024

Highlighted filing

2022

Assets$458,857
Liabilities$0
Net Assets$458,857
Open 2022 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0Revenue 2021: $80,750Expenses 2021: $21,023Net Income 2021: $59,7272021Revenue 2022: $56,088Expenses 2022: $38,767Net Income 2022: $17,3212022Revenue 2023: $66,188Expenses 2023: $56,801Net Income 2023: $9,3872023Revenue 2024: $152,857Expenses 2024: $48,667Net Income 2024: $104,1902024

Highlighted filing

2022

Revenue$56,088
Expenses$38,767
Net Income$17,321
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 12, 2023
Return Version
2022v5.0
Gross Receipts
$56,088
Mission and Program Overview

Mission

The MPC Endowment was established in 1973 to promote the advancement of journalism excellence - from learning how to gather and write news in high school, to creating and presenting information in college newspapers and websites, to awarding achievement at the professional level.

Program Services

DescriptionGrantsExpenses
The endowment carries out its mission by providing scholarships to students, funding journalism-related education programs and supporting activities of the Milwaukee Press Club.$24,000$38,767
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOEL DRESANGPresident-$0--
ASHLEY LUTHERNVice President-$0--
DAVID NILESTreasurer-$0--
TOM HEINENSecretary-$0--
LINDSEY MCKEEBoard Of Directors-$0--
JIM NELSONBoard Of Directors-$0--
ERIN RICHARDSBoard Of Directors-$0--
KIM SHINEBoard Of Directors-$0--
NYESHA STONEBoard Of Directors-$0--
Filing and Contact Details

Filer

Filer Name
Mpc Endowment Ltd
EIN
23-7375882
Phone
4146176597
Address
1505 N 119TH ST, MILWAUKEE, WI 53226

Signing Officer

Name
David Niles
Title
Treasurer
Phone
4146176597
Signed
2023-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Terrence Rice CPA
Address
342 N Water St, Milwaukee, WI 53202
Preparer
Terrence Rice
Phone
4145072414
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“College scholarships - 13,000 grants expense - 500 journalist of the year scholarship - 1,000 milwaukee film donation - 5,000 uwm journalism immersion class- 5,000”

Form 990-EZ, Part I, Line 16

“Office expenses - 350 paypal expenses - 233”

Form 990-EZ, Part I, Line 20

“Description;Amount^UNREALIZED LOSS ON INVESTMENTS;-64517^Total;-64517^”

Raw XML Appendix195 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01505 N 119TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt056088
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt015550
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOEL DRESANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ASHLEY LUTHERN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID NILES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TOM HEINEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LINDSEY MCKEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JIM NELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ERIN RICHARDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KIM SHINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8NYESHA STONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD OF DIRECTORS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD OF DIRECTORS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD OF DIRECTORS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD OF DIRECTORS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD OF DIRECTORS
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-64517
IRS990EZ/OtherExpensesTotalAmt0583
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The MPC Endowment was established in 1973 to promote the advancement of journalism excellence - from learning how to gather and write news in high school, to creating and presenting information in college newspapers and websites, to awarding achievement at the professional level.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The endowment carries out its mission by providing scholarships to students, funding journalism-related education programs and supporting activities of the Milwaukee Press Club.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt024000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt038767
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt03000
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt038767
IRS990EZ/TotalProgramServiceExpensesAmt038767
IRS990EZ/TotalRevenueAmt056088
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt040538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt063990
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt063990
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt040538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt063990
IRS990ScheduleA/TotalSupportAmt063990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COLLEGE SCHOLARSHIPS - 13,000 GRANTS EXPENSE - 500 JOURNALIST OF THE YEAR SCHOLARSHIP - 1,000 MILWAUKEE FILM DONATION - 5,000 UWM JOURNALISM IMMERSION CLASS- 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICE EXPENSES - 350 PAYPAL EXPENSES - 233
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;Amount^UNREALIZED LOSS ON INVESTMENTS;-64517^Total;-64517^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReasonableCauseExplanation/ExplanationTxt0EXTENSION FILED
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID NILES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04146176597
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MPC ENDOWMENT LTD
ReturnHeader/Filer/BusinessNameControlTxt0MPCE
ReturnHeader/Filer/EIN0237375882
ReturnHeader/Filer/PhoneNum04146176597
ReturnHeader/Filer/USAddress/AddressLine1Txt01505 N 119TH ST
ReturnHeader/Filer/USAddress/CityNm0MILWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053226
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Terrence Rice CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0342 N Water St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milwaukee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053202
ReturnHeader/PreparerPersonGrp/PhoneNum04145072414
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Terrence Rice
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-12T19:54:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$458,857
Liabilities
$0
Net assets
$458,857
Revenue
$56,088
Expenses
$38,767
Net income
$17,321
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.46$0.00$6.46$1.53$0.49$1.04
2023Detailed filing. Detailed filing data is available for this year.$4.99$0.00$4.99$0.66$0.57$0.09
2022Detailed filing. Detailed filing data is available for this year.$4.59$0.00$4.59$0.56$0.39$0.17
2021Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$0.81$0.21$0.60