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Downtown Montessori Academy Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391851636 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

Overview

What is Downtown Montessori Academy Inc?

Downtown Montessori Academy Inc, established in 1976, is a community-focused Montessori elementary school situated in Milwaukee, Wisconsin. As a City of Milwaukee charter school, it offers tuition-free education to children aged 4 and above by September 1, funded through public funds. The school's mission is to provide a Montessori education to a diverse group of students from kindergarten to 8th grade, aiming to foster self-confident, competent, and cooperative adults. With a commitment to serving nearly 300 children and families, Downtown Montessori Academy offers an intimate small-school environment, upgraded facilities, and a renowned outdoor classroom and play area. The school actively engages with the broader community to enrich its students' learning experience.


Official website here: www.downtownmontessori.com

Is Downtown Montessori Academy Inc legitimate?

Downtown Montessori Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Montessori Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $342,492
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,192,229

For more financial information, click here


Official website here: www.downtownmontessori.com

What is the mission statement of Downtown Montessori Academy Inc?

The mission of Downtown Montessori Academy Inc is centered around establishing a Montessori learning environment that fosters self-confidence, competence, and cooperation in children. By providing a Montessori education, this academy aims to prepare its K3-8th grade students to become well-rounded and cooperative adults. As a Title I School of Recognition, Downtown Montessori Academy Inc serves a diverse group of students, utilizing public funds for tuition, and offering an intimate small-school environment, upgraded facilities, and an award-winning outdoor classroom and play space. The academy is committed to leveraging community resources to provide a rich and enriching learning environment for its students.


Official website here: www.downtownmontessori.com

Who is the CEO of Downtown Montessori Academy Inc?

Ian Spanic is the Executive Dir. of Downtown Montessori Academy Inc.


Official website here: www.downtownmontessori.com

What is the revenue of Downtown Montessori Academy Inc?

Downtown Montessori Academy Inc's revenue in 2022 was $2,785,581.


Official website here: www.downtownmontessori.com

Who are the executives of Downtown Montessori Academy Inc and what are their salaries?

The average compensation at Downtown Montessori Academy Inc during 2022 was $38,368. There are 40 employees and 240 volunteers at Downtown Montessori Academy Inc.

Here are 7 key members and their salaries:

    Ian Spanic (Executive Dir.)
  • Compensation: $103,808
  • Related: $0
  • Other: $12,974

    • Virginia Flynn (Head Of School)
  • Compensation: $111,467
  • Related: $0
  • Other: $3,516

    • Michael Moore (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis Rhoades (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Hake (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Heaviland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Austin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.downtownmontessori.com

    Where can I find the form 990 for Downtown Montessori Academy Inc?

    The Downtown Montessori Academy Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.downtownmontessori.com

    Learn more at the official website: www.downtownmontessori.com

    Mission Statement of Downtown Montessori Academy Inc

    Downtown Montessori Academy, a community-focused Montessori elementary school, strives to establish an educational environment that fosters self-confidence, competence, and cooperation in children. By providing a Montessori education to a diverse group of students from Kindergarten 3 to 8th grade, the academy aims to equip these children with the necessary skills to grow into confident adults. As a Title I School of Recognition, Downtown Montessori Academy serves nearly 300 children and families, offering a small-school setting, upgraded facilities, and an award-winning outdoor classroom and play space. The academy's mission is to create an environment that allows children to learn through hands-on experiences, fostering their independence and promoting cooperative behavior.

    Impact

    This information is meant to be a general summary of Downtown Montessori Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Downtown Montessori Academy Inc's impact lies in its commitment to providing a Montessori education to a diverse group of students from K3 to 8th grade. By creating a supportive and stimulating learning environment, the academy helps children develop into self-confident, competent, and cooperative individuals. Through its small class sizes, upgraded facilities, and outdoor classroom, the academy offers a rich and engaging experience for nearly 300 children and their families. As a Title I school of recognition, Downtown Montessori Academy Inc plays a crucial role in serving the community of Milwaukee, leveraging resources to ensure all children have access to quality education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $983
  • Program Service Revenue: $370,798
  • Gross Receipts: $2,799,100

    • Assets and Liabilities:
  • Total Assets: $7,279,991
  • Total Liabilities: $4,100,477
  • Net Assets: $3,179,514
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CHILD CARE

    Revenue

    $359,231

    PROGRAM FEES

    Revenue

    $11,567

    Organization Details

    Founding Year

    1976

    Principal Officer

    Ian Spanic

    Main Address

    2507 S GRAHAM STREET, MILWAUKEE, WI, 53207

    NTEE Category

    Code: B21P - Education

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