MILWAUKEE SCHOOL OF ENGINEERING Charity Report

Public IRS 990 nonprofit record

MILWAUKEE SCHOOL OF ENGINEERING

EIN 39-0477970 · Education (B500)

What they do

MILWAUKEE SCHOOL of ENGINEERING (MSOE) is A NONPROFIT, NONSECTARIAN UNIVERSITY PROVIDING A BALANCED EDUCATION AT THE UNDERGRADUATE and GRADUATE LEVEL IN THE DISCIPLINES of ENGINEERING BUSINESS, MATHEMATICS, and NURSING. (SEE SCHEDULE O) MSOE is THE UNIVERSITY of CHOICE for THOSE SEEKING AN INCLUSIVE COMMUNITY of EXPERIENTIAL LEARNERS DRIVEN to SOLVE THE COMPLEX CHALLENGES of TODAY and TOMORROW. THE UNIVERSITY is ACCREDITED BY THE HIGHER LEARNING COMMISSION and OFFERS BACHELORS DEGREES, MASTERS DEGREES, and CERTIFICATE PROGRAMS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders55 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.78%of revenue went to mission work96.4% of expenses · Program services

1.07%of revenue went to fundraising1.2% of expenses

$89.98spent for every $100 of revenueRevenue covered expenses this year.

2.13%of revenue went to management and office costs2.4% of expenses

$2.34in assets for every $1 spent this yearSome assets cannot be spent right away.

20.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $670,202 for JOHN WALZ (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$211,353,854

Mission workProgram services$183,420,89186.78% of revenue96.4% of expenses

ManagementOffice and general costs$4,498,5422.13% of revenue2.4% of expenses

FundraisingAsking for donations$2,255,7671.07% of revenue1.2% of expenses

Revenue left after expensesReported annual surplus$21,178,65410.02% of revenueShown in gray on the chart

Total expenses$190,175,20089.98% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 96.4% mission · 2.4% management · 1.2% fundraisingTotal expenses: 89.98% of revenue

2023Expense mix: 96.4% mission · 2.3% management · 1.3% fundraisingTotal expenses: 94.00% of revenue

2022Expense mix: 96.9% mission · 2.0% management · 1.2% fundraisingTotal expenses: 96.95% of revenue

2021Expense mix: 97.0% mission · 1.8% management · 1.3% fundraisingTotal expenses: 94.45% of revenue

2020Expense mix: 97.1% mission · 1.8% management · 1.0% fundraisingTotal expenses: 92.26% of revenue

2019Expense mix: 97.4% mission · 1.7% management · 0.9% fundraisingTotal expenses: 86.12% of revenue

2018Expense mix: 97.1% mission · 1.8% management · 1.1% fundraisingTotal expenses: 92.02% of revenue

2017Expense mix: 97.3% mission · 1.7% management · 1.0% fundraisingTotal expenses: 73.01% of revenue

Money in and money out

Revenue$211,353,854

Expenses$190,175,200

Annual surplus $21,178,654 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$183,420,891 · 96.4% of expenses

Management and office costs$4,498,542 · 2.4% of expenses

Fundraising$2,255,767 · 1.2% of expenses

See all reported dollar amounts

Revenue$211,353,854

Expenses$190,175,200

Assets$444,496,462

Income$247,402,069

Contributions$44,047,495

Mission work (program services)$183,420,891

Fundraising$2,255,767

Management and general$4,498,542

Stocks and bonds$135,547,514

Accounting fees$122,879

Investing fees$489,141

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOHN WALZPRESIDENT · 50 hrs/week $670,202Base $625,191 · Other $45,011

PAUL MATSONVP - FINANCE AND CFO · 50 hrs/week $327,541Base $285,443 · Other $42,098

ERIC BAUMGARTNEREVP - ACADEMICS · 50 hrs/week $323,508Base $283,096 · Other $40,412

JEFFREY SNOWVP - UNIVERSITY ADVANCEMENT · 50 hrs/week $311,993Base $271,394 · Other $40,599

TIMOTHY VALLEYVICE CHAIR, PROGRAM DIRECTOR · 50 hrs/week $309,222Base $224,998 · Other $84,224

SEBASTIAN THACHENKARYVP - MARKETING & COMMUNITY ENGAGEMENT · 50 hrs/week $282,629Base $201,621 · Other $81,008

STEPHEN WILLIAMSVP - CAMPUS INFRASTRUCTURE · 50 hrs/week $254,107Base $228,399 · Other $25,708

CHRISTOPHER TAYLORPROF. DEPT. VICE CHAIR, PROGRAM DIR. · 40 hrs/week $249,811Base $211,285 · Other $38,526

DEANNA LEITZKEDEPARTMENT CHAIR, PROFESSOR · 40 hrs/week $243,425Base $204,312 · Other $39,113

NAZIEH MASOUDPROFESSOR · 40 hrs/week $228,384Base $191,415 · Other $36,969

RUSSELL MEIERPROFESSOR, PROGRAM DIRECTOR · 40 hrs/week $225,228Base $171,876 · Other $53,352

RONALD GERRITSPROFESSOR, PROGRAM DIRECTOR · 40 hrs/week $202,598Base $191,151 · Other $11,447

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (55)

JOHN WALZPRESIDENT

PAUL MATSONVP - FINANCE AND CFO

ERIC BAUMGARTNEREVP - ACADEMICS

JEFFREY SNOWVP - UNIVERSITY ADVANCEMENT

TIMOTHY VALLEYVICE CHAIR, PROGRAM DIRECTOR

SEBASTIAN THACHENKARYVP - MARKETING & COMMUNITY ENGAGEMENT

STEPHEN WILLIAMSVP - CAMPUS INFRASTRUCTURE

CHRISTOPHER TAYLORPROF. DEPT. VICE CHAIR, PROGRAM DIR.

DEANNA LEITZKEDEPARTMENT CHAIR, PROFESSOR

NAZIEH MASOUDPROFESSOR

RUSSELL MEIERPROFESSOR, PROGRAM DIRECTOR

RONALD GERRITSPROFESSOR, PROGRAM DIRECTOR

DANIEL BERGENSENIOR ADVISOR TO PRESIDENT

SEANDRA MITCHELLVP - STUDENT AFFAIRS & INCLUSION

SCOTT MOONVICE-CHAIRMAN

RICHARD A GALLINGBOARD OF REGENTS

ROBERT A WAGNERBOARD OF REGENTS

PETER COFFEYBOARD SECRETARY

PATRICK FORSYTHEBOARD OF REGENTS

NICHOLAS A HAEMELBOARD OF REGENTS

NEAL K WUNDERLICHBOARD OF REGENTS

MICHAEL J READERBOARD OF REGENTS

ROBERT J HILLISVICE-CHAIRMAN

RONALD J JENSENBOARD OF REGENTS

KEVIN ZABABOARD OF REGENTS

STEVEN G BOOTHBOARD OF REGENTS

SUSAN KAUFMANN NASHBOARD OF REGENTS

THOMAS J HAUSKE JRBOARD OF REGENTS

TOM GLAISTERBOARD OF REGENTS

WARD P KOMOROSKIBOARD OF REGENTS

WILLIAM E EDSTROM JRBOARD OF REGENTS

JAMES P GRIFFINBOARD OF REGENTS

ALLEN J CARLSONBOARD OF REGENTS

BERNARD A COHEN PHDBOARD OF REGENTS

DANIEL J MOCERIVICE-CHAIRMAN

DAWN TABATBOARD OF REGENTS

DONALD SCHLIDTBOARD OF REGENTS

DUDLEY J GODFREY IIIBOARD OF REGENTS

DWIGHT D DIERCKSBOARD OF REGENTS

ECKHART G GROHMANNBOARD OF REGENTS

EDWARD W RAETHERBOARD OF REGENTS

G WOODROW ADKINSBOARD OF REGENTS

GARY STIMACBOARD OF REGENTS

JAMES C RAHNCHAIRMAN

MICHAEL J BARBERBOARD OF REGENTS

JOHN A MELLOWESBOARD OF REGENTS

JOHN L CAINBOARD OF REGENTS

JOHN L SCHLIESMANNBOARD OF REGENTS

JOHN S SHIELYBOARD OF REGENTS

KARL GOUVERNEURBOARD OF REGENTS

KATHLEEN M RUEHLOWBOARD OF REGENTS

KENDALL G BREUNIGBOARD OF REGENTS

KEVIN FLETCHERBOARD OF REGENTS

MATTHEW M BUROWBOARD OF REGENTS

MICHAEL E HORABOARD OF REGENTS

About this charity

Recognized since: January 1935
Location: 1025 NORTH BROADWAY STREET, MILWAUKEE, WI 53202
County: Milwaukee
In care of: PAUL MATSON
Primary officer: PAUL MATSON, VP OF FINANCE & CFO

How to reach them

WebsiteVisit the charity’s website Phone(414) 277-7300 Officer phone(414) 277-7126

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Education (B500)