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Milwaukee Institute Inc.

Milwaukee Institute Inc.

Milwaukee, WI 53226
Tax ID26-0724304

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About this organization

Revenue

$481,930

Expenses

$436,318

Mission

THE INSTITUTE IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO WORKING WITH LIKE-MINDED PARTNERS TO BUILD AND CONNECT THE GREAT LAKES REGION'S HIGH TECHNOLOGY ENTREPRENEURIAL ECONOMY AND CULTURE BY ADVANCING SCIENTIFIC RESEARCH, EDUCATION AND ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION.

About

LAUNCHED 5 LAKES FORUM IN MAY 2019, A TECHNOLOGY CONFERENCE ATTENDED BY NEARLY 500 STARTUP FOUNDERS, FUNDERS AND TECHNOLOGISTS THAT FEATURED EDUCATIONAL PRESENTATIONS AND A STARTUP PITCH FEATURING 17 STARTUPS. ORGANIZED AND RAN 5 LAKES PITCH @ SUMMERFEST TECH IN JUNE 2019 FOR GREAT LAKES REGION STARTUPS IN THE AREAS OF FUTURE OF WORK, HEALTH, MOBILITY, ENVIROTECH AND ADVANCED MANUFACTURING. DISTRIBUTED NEARLY 10,000 OF PRIZES TO WINNING STARTUPS. PLANNED SCOUTCAMP, A PARTNERSHIP WITH MIDWEST UNIVERSITY RESEARCH NETWORK THAT CONNECTS TOP INVESTORS AND UNIVERSITY PROFESSIONALS TO DISCUSS A VERTICALLY-FOCUSED PORTFOLIO OF TECHNOLOGIES AND STARTUPS FROM THE GREAT LAKES REGION'S PREMIER RESEARCH INSTITUTIONS, FOR LAUNCH IN APRIL 2020. INTERVIEWED 12 FOUNDERS WHO'VE HAD MEASURABLE SUCCESS ABOUT HOW AND WHY THEY SUCCEEDED IN AN EFFORT TO EDUCATE EMERGING ENTREPRENEURS. THE INTERVIEWS AIRED ON HOW DID YOU DO THAT?, A RADIO SEGMENT/PODCAST WE WORK ON IN PARTNERSHIP WITH WUWM, THE MILWAUKEE NPR STATION. BETA TESTED A NEW PROGRAM CALLED 5 LAKES CHATS BY HOLDING A SESSION AT UNIVERSITY CLUB MILWAUKEE WITH KEY PLAYERS AT UW-MADISON'S NEW SCHOOL OF COMPUTER, DATA AND INFORMATION SCIENCES. SUPPORTED EFFORTS THAT WERE ULTIMATELY SUCCESSFUL TO ELEVATE THE UNIVERSITY OF WISCONSIN MADISON'S COMPUTER SCIENCE DEPARTMENT INTO A NEW SCHOOL, NOW KNOWN AS THE SCHOOL OF COMPUTER, DATA AND INFORMATION SCIENCES (CDIS). CONTINUED TO SUPPORT THE NEW ENTITY BY PARTICIPATING IN THE CDIS OUTREACH COMMITTEE. CONTINUED SUPPORTING AND ASSISTING THE BLUEPRINT, AN INNER-CITY MILWAUKEE STARTUP ACCELERATOR RUN BY YOUNG ENTERPRISING SOCIETY THAT PROVIDES FREE TRAINING, MENTORING AND NETWORKING TO URBAN ENTREPRENEURS. PLANNED AND RAN MONTHLY MEETINGS OF GRASSHOPPER, A GROUP ORGANIZED TO PROVIDE EDUCATION AND NETWORKING OPPORTUNITIES TO ASPIRING ENTREPRENEURS IN THE MILWAUKEE REGION. HELPED GROW THE SUPPORTER BASE OF CSFORWI, WHICH IS FOCUSED ON CREATING A WISCONSIN PLAN FOR COMPUTER SCIENCE EDUCATION AND RELATED INITIATIVES. HELPED RECRUIT VOLUNTEERS FOR THE MICROSOFT TEALS PROGRAM, WHICH USES TECHNOLOGY PROFESSIONALS TO HELP TRAIN HIGH SCHOOL TEACHERS TO TEACH COMPUTER SCIENCE CLASSES.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “The institute is a not-for-profit organization dedicated to working with like-minded partners to build and connect the great lakes region's high technology entrepreneurial economy and culture by advancing scientific research, education and economic development and technological innovation.”.

When explaining its purpose, the activities were described as: “The institute is a not-for-profit organization dedicated to working with like-minded partners to build and connect the great lakes region's high technology entrepreneurial economy and culture by advancing scientific research, education and economic development and technological innovation.”.

  • The non-profit is legally allowed to operate in the state of WI, as reported.
  • The non-profit has a total of 1 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $45,612.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 6 independent voting members.
  • The organization was formed in 2007.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $92,308 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.

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