Milwaukee World Festival Inc: $75.4M Revenue, $76.7M Expenses

Milwaukee World Festival Inc grades a B on the NonprofitTruth efficiency rubric. 73/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

At $75.4M in 2023 revenue, Milwaukee World Festival Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Financial health is a strength: Milwaukee World Festival Inc carries a healthy operating-reserve cushion against $76.7M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Milwaukee World Festival Inc reported $75.4M in 2023, up notably from the start of the window. Compensation for current officers and key employees runs $2.8M against $75.4M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Milwaukee World Festival Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.