Making Spirits Bright INC EIN 46-2268962

Making Spirits Bright INC

EIN  46-2268962 Public charity (501(c)(3)) Sheboygan, WI
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Size
$100K–1M
What they do
Collects pantry items for food pantries and hosts affordable family events.
Leadership
Tanya Boman · Director
Money in and out
$305K revenue, $350K expenses
Bottom line
99% program efficiency

Collects pantry items for food pantries and hosts affordable family events. For fiscal year 2025 it reported $305K in revenue, $350K in expenses, and $258K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$305K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$258K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$45K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.00 Fundraising $0.01
Program efficiency
99%
of spending reaches programs0% vs prior filing year
Operating runway
9.0mo
months of highly liquid reserves at operating expense rate▼ -24% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -188% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$305K
FY2025▲ +6%
Expenses
$350K
FY2025▲ +15%
Total assets
$286K
FY2025▼ -11%
Total liabilities
$28K
FY2025▲ +60%
Total revenue
$305K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$258K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$45K
Total assetsPt X · Ln 16$286K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $346K of program spending, described in the organization's own filed words · FY2024.
01

Collected more than 117,000 pounds of food which was distributed to sheboygan county food pantries and other local not for profit 501(c)3 organizations. 23,000 vehicles drove through the display during the christmas season.

$346Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMaking Spirits Bright INC
EINHdr · item D46-2268962
Principal addressHdr · item CSheboygan, WI
WebsiteHdr · item Jwww.makingspiritsbright.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A40)
Ruling yearIRS BMFOct 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$283K · 93%
Other revenue$13K · 4%
Investment income$9K · 3%
Contributions & grants93%$283K
Other revenue4%$13K
Investment income3%$9K
Total revenueLn 12$305K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.00 Fundraising $0.01
Program services99%$346K
Management & general$680
Fundraising1%$3K
Total functional expensesLn 25$350K

Balance Sheet

Part X · end of year
CashLn 1$263K
Total assetsLn 16$286K
Total liabilitiesLn 26$28K
Total net assetsLn 32$258K
Months of cash on handcomputed9.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $263K · Operating expenses/yr $350K
9.0 months
Where the money goes
Program services
Program services $346K · Total expenses $350K
99%
Management & General
Management & general $680 · Total expenses $350K
0%
Fundraising
Fundraising $3K · Total expenses $350K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $272K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $283K · Total revenue $305K
93%
Government reliance
Government grants — · Total revenue $305K
Earned-income share
Program service revenue $0 · Total revenue $305K
0%
Investment reliance
Investment income $9K · Total revenue $305K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $350K
0%
Growth & trend
Revenue growth (YoY)
This year $305K · Prior year $289K
+6%
Revenue CAGR
FY2020 $279K · FY2024 $305K
+2%
Net-asset trend (YoY)
End of year $258K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $305K · Expenses $350K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $286K
Net-asset ratio
Net assets $258K · Total assets $286K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $286K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tanya Boman · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $350K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $350K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0%
Fundraising cost ratio 1%
Revenue growth 6%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $125K · 2021–2024

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$305K revenue · viewing · ⤓ 990 PDF
FY2024$289K revenue · ⤓ 990 PDF
FY2023$265K revenue · ⤓ 990 PDF
FY2022$272K revenue · ⤓ 990 PDF
FY2021$279K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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