Civic Intelligence

Mpc Endowment Ltd.

990EZ • Fiscal year 2023 • EIN 23-7375882

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 06, 2024

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

62nd percentile

8.6%

Faster asset growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

18%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$498,533

Up $39,676 (+8.6%) from 2022

Net Assets

Up

$498,533

Up $39,676 (+8.6%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin67th percentile

Revenue

Up

$66,188

Up $10,100 (+18%) from 2022

Expenses

Up

$56,801

Up $18,034 (+47%) from 2022

Net Income

Down

$9,387

Down $7,934 (-46%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth62nd 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

2023

Assets$498,533
Liabilities$0
Net Assets$498,533
Open 2023 Filing

Operations Trend

Revenue Growth64th 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

2023

Revenue$66,188
Expenses$56,801
Net Income$9,387
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 6, 2024
Return Version
2023v5.0
Gross Receipts
$66,188
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.$30,647$56,801
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOEL DRESANGPresidentPT$0--
ASHLEY LUTHERNVice President-$0--
DAVID NILESTreasurerPT$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
2024-11-06
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

“Anniversary research - 4,844 college scholarship - 24,147”

Form 990-EZ, Part I, Line 16

“Description;Amount^FUNDRAISING EXPENSE;6669|GRANTS EXPENSE;6500|GRIDIRON EXPENSES;7664|HALL OF FAME TICKETS;630|HIGH SCHOOL GRANTS;1000|INTERN;2250|MARKETING MATERIALS;353|OFFICE EXPENSE;448|PAYPAL EXPENSE;95^Total;25609^”

Form 990-EZ, Part I, Line 20

“Description;Amount^UNREALIZED GAINS;30289^Total;30289^”

Raw XML Appendix192 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0DAVID NILES
IRS990EZ/BooksInCareOfDetail/PhoneNum04146176597
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01505 N 119TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd053226
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0458857
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0498533
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt053280
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt09387
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02400
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0458857
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0498533
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt028792
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt066188
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt012908
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0458857
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0498533
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0458857
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0498533
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
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/OtherChangesInNetAssetsAmt030289
IRS990EZ/OtherExpensesTotalAmt025609
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/GrantsAndAllocationsAmt030647
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056801
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
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
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt056801
IRS990EZ/TotalProgramServiceExpensesAmt056801
IRS990EZ/TotalRevenueAmt066188
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0117270
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0117270
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt023452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0117270
IRS990ScheduleA/TotalSupportAmt0117270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANNIVERSARY RESEARCH - 4,844 COLLEGE SCHOLARSHIP - 24,147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^FUNDRAISING EXPENSE;6669|GRANTS EXPENSE;6500|GRIDIRON EXPENSES;7664|HALL OF FAME TICKETS;630|HIGH SCHOOL GRANTS;1000|INTERN;2250|MARKETING MATERIALS;353|OFFICE EXPENSE;448|PAYPAL EXPENSE;95^Total;25609^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;Amount^UNREALIZED GAINS;30289^Total;30289^
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID NILES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04146176597
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-06
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/PreparationDt02024-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Terrence Rice
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-06T18:16:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$498,533
Liabilities
$0
Net assets
$498,533
Revenue
$66,188
Expenses
$56,801
Net income
$9,387
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