Pmml North INC

Tax-deductible

Kenosha, WI501(c)(3)Since 2018Arts & CultureEIN 83-3097307

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Collection, preservation, and dissemination of materials and information (continued on sch o) relating to military history and the role of the citizen soldier in america.

501(c)(3) charity; gifts are tax-deductible.
15¢ of each $1 spent went to programs.
$106K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $46.6M a year · 89% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
15%
of spending
Concern: 15% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$106K
to officers and key staff · 2% of spending
Top officer’s pay lower than 99% of similar orgs
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$284K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$33.4M
×11 vs prior year
Spent
$6.0M
To programs
15%
Net assets
$218.6M
By yearFY2020–FY2024
Revenue
$33.4M
FY2024▲ ×11
Revenue by fiscal year
FY2020$175.2M
FY2021$479K
FY2022$50.0M
FY2023$3.2M
FY2024$33.4M
Expenses
$6.0M
FY2024▼ -24%
Expenses by fiscal year
FY2020$1.9M
FY2021$11.8M
FY2022$1.7M
FY2023$7.8M
FY2024$6.0M
Net assets
$218.6M
FY2024▲ +3%
Net assets by fiscal year
FY2020$173.2M
FY2021$161.5M
FY2022$208.0M
FY2023$212.7M
FY2024$218.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

15 cents of each dollar spent went to programs.

Program services 15% · $898K Management & general 85% · $5.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $106K paid to officers and key staff.

Part VII, Section A · reportable compensation
Interim President (thru 11/24)
$48,231Pt VII · Sec A
Secretary and Director (as of 09/24)
$30,806Pt VII · Sec A
Director
$26,563Pt VII · Sec A
Secretary and Director (thru 09/24)
$0Pt VII · Sec A
Treasurer and Director (thru 08/24)
$0Pt VII · Sec A
$0Pt VII · Sec A
Director (as of 07/24)
$0Pt VII · Sec A
$0Pt VII · Sec A

Roberto Bravo’s $48K as Interim President (thru 11/24) is at the 1st percentile of top reported officer pay among 749 $10–100M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Lapine—$161,371$114,235$120,665$110,452
Roberto Bravo$48,231$43,340$32,847——
Phyllis Brunt$30,806————
Susan Rifkin$26,563$24,851$23,451$22,670—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and shares military history, focusing on the citizen soldier's role in America.

Provided by the organization

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1 program service account for $898K of program spending, described in the organization's own filed words · FY2024.
01

In 2024, the library and the collections departments completed the move to the new facility in somers wisconsin during the first quarter of the YEAR.IN december 2024, the library collection totaled 74,846. The remaining bankers' boxes of books moved to somers, wi from chicago.

$898Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$25K
Grants paid · 1 grant · $10.0M · 2021–2021

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$33.4M
Ln 12
Investment incomeLn 3$32.7M
Other incomeLn 4–11$695K
Money outPt IX
$6.0M
Ln 25
Programscol B$898K
Managementcol C$5.1M
Owns and owesPt X
$218.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$218.9M
LiabilitiesLn 26$284K
PeoplePt VI, VII
18
listed · VII A
PaidVII A3
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$32.7M
Other incomeLn 4–11$695K
Gains on assetsLn 7$29.4M
Total revenueLn 12$33.4M
Assets in detailPt X, end of year
CashLn 1$898K
SavingsLn 2$741K
Cash and savings togetherLn 1–2$1.6M
InvestmentsLn 11–13$104.8M
Land, buildings, equipmentLn 10c$100.5M
Other assetsLn 15$3K
Total assetsLn 16$218.9M
LiabilitiesLn 26$284K
Net assetsLn 32$218.6M
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$4.6M$1.6M
InvestmentsLn 11–13$100.1M$104.8M
Land, buildings, equipmentLn 10c$97.5M$100.5M
Total assetsLn 16$214.6M$218.9M
LiabilitiesLn 26$1.9M$284K
Net assetsLn 32$212.7M$218.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$132K$121K$12K
Other salaries and wagesLn 7$336K$306K$30K
Pension plan contributionsLn 8$13K$12K$1K
Other employee benefitsLn 9$105K$96K$9K
Payroll taxesLn 10$49K$45K$4K
Management feesLn 11a$972K$972K
Legal feesLn 11b$30K$30K
Accounting feesLn 11c$76K$76K
Other fees for servicesLn 11g$39K$39K
Office expensesLn 13$8K$8K
Information technologyLn 14$129K$129K
OccupancyLn 16$849K$288K$561K
InterestLn 20$452K$452K
Depreciation, depletion and amortizationLn 22$2.8M$30K$2.7M
Other expenses (24a–d)Ln 24$13K$13K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$6.0M$898K$5.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $33.4M$6.0M$27.4M$218.6M 990 PDF
FY2023 $3.2M$7.8M−$4.6M$212.7M 990 PDF
FY2022 $50.0M$1.7M$48.3M$208.0M 990 PDF
FY2021 $479K$11.8M−$11.3M$161.5M 990 PDF
FY2020 $175.2M$1.9M$173.3M$173.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $33,394,424 across 5 lines filed
VIII-3 Investment incomeExcluded from tax $3,308,818$3,308,818
VIII-6 Net rental income or lossExcluded from tax $186,913$186,913
VIII-7 Net gain or loss on sales of assetsExcluded from tax $29,390,126$29,390,126
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $508,567$508,567
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $33,394,424$33,394,424
Part IX · Statement of functional expenses $5,964,174 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $120,637 · Management $11,621$132,258
IX-7 Other salaries and wagesPrograms $306,319 · Management $29,509$335,828
IX-8 Pension plan contributionsPrograms $12,058 · Management $1,162$13,220
IX-9 Other employee benefitsPrograms $95,713 · Management $9,220$104,933
IX-10 Payroll taxesPrograms $44,576 · Management $4,294$48,870
IX-11a Management feesManagement $971,624$971,624
IX-11b Legal feesManagement $30,386$30,386
IX-11c Accounting feesManagement $76,420$76,420
IX-11g Other fees for servicesManagement $39,100$39,100
IX-13 Office expensesManagement $7,732$7,732
IX-14 Information technologyManagement $129,208$129,208
IX-16 OccupancyPrograms $288,453 · Management $560,983$849,436
IX-20 InterestManagement $452,185$452,185
IX-22 Depreciation, depletion and amortizationPrograms $30,433 · Management $2,727,769$2,758,202
IX-24 Other expenses (24a–d)Management $13,184$13,184
IX-24e All other expensesManagement $1,588$1,588
IX-25 Total functional expensesPrograms $898,189 · Management $5,065,985 · Fundraising $0$5,964,174
Part X · Balance sheet $218,911,509 assets, 14 lines filed
Asset lines not itemized here account for $400,502; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $747,932$897,866
X-2 Savings and temporary cash investmentsStart of year $3,850,598$740,757
X-4 Accounts receivableStart of year $11,626,643$11,490,850
X-9 Prepaid expenses and deferred chargesStart of year $64,612$50,058
X-10c Land, buildings and equipment, netStart of year $97,546,809$100,521,341
X-11 Publicly traded securitiesStart of year $100,122,340$104,807,439
X-15 Other assetsStart of year $307,232$2,696
X-16 Total assetsStart of year $214,640,864$218,911,509
X-17 Accounts payable and accrued expensesStart of year $1,806,323$218,960
X-25 Other liabilitiesStart of year $108,513$64,704
X-26 Total liabilitiesStart of year $1,921,304$283,664
X-27 Net assets without donor restrictionsStart of year $212,719,560$218,627,845
X-32 Total net assets or fund balancesStart of year $212,719,560$218,627,845
X-33 Total liabilities and net assetsStart of year $214,640,864$218,911,509
Part XI · Reconciliation of net assets $218,627,845 net assets at year end
XI-1 Total revenue$33,394,424
XI-2 Total expenses$5,964,174
XI-3 Revenue less expenses$27,430,250
XI-4 Net assets at start of year$212,719,560
XI-5 Net unrealized gains (losses) on investments−$21,521,965
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$218,627,845

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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