Mysc Inc
Mysc Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 203087789 · Middleton, WI · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $924K |
| Total Expenses | $632K |
| Program Spending | 80% |
| Net Assets | $162K |
| Transparency Score | 85/100 |
Is Mysc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mysc Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mysc Inc
Mysc Inc (EIN: 203087789) is a nonprofit organization based in Middleton, WI, classified under NTEE code N64. The organization reported total revenue of $924K and total assets of $723K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mysc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mysc Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $774K |
| Total Expenses | $632K |
| Surplus / Deficit | +$142K |
| Total Assets | $414K |
| Total Liabilities | $252K |
| Net Assets | $162K |
| Operating Margin | 18.4% |
| Debt-to-Asset Ratio | 60.9% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Mysc Inc reported a surplus of $142K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 60.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mysc Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.2% | -15.8% | -11.4% |
| 2022 | +33.8% | +14.8% | +228.1% |
| 2021 | -3.9% | -12.2% | -43.1% |
| 2020 | -15.4% | +1.4% | -14.5% |
| 2019 | -0.9% | -4.1% | +44.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mysc Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mysc Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $142K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.9%.
Executive Compensation Analysis
Mysc Inc consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through non-officer categories, which is a strong positive for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mysc Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Mysc Inc:
- Consistent revenue generation and financial stability, with revenues exceeding expenses in recent periods (e.g., $774,145 revenue vs. $631,778 expenses in 2023).
- Significant asset growth, increasing from $142,491 in 2021 to $414,269 in 2023.
- No reported officer compensation across all available filings, indicating low administrative overhead for leadership.
- Long history of IRS 990 filings (13 periods), demonstrating transparency and consistent reporting.
- Healthy asset-to-liability ratio, indicating good financial management and solvency.
Frequently Asked Questions about Mysc Inc
Is Mysc Inc a legitimate charity?
Mysc Inc (EIN: 203087789) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $924K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Mysc Inc spend its money?
Mysc Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mysc Inc tax-deductible?
Mysc Inc is registered as a tax-exempt nonprofit (EIN: 203087789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mysc Inc's spending goes to programs?
Mysc Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mysc Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mysc Inc is above average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mysc Inc located?
Mysc Inc is headquartered in Middleton, Wisconsin and files with the IRS under EIN 203087789. It is classified under NTEE code N64.
How many years of IRS 990 filings does Mysc Inc have?
Mysc Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $924K in total revenue.
Is Mysc Inc a good charity?
Based on the available financial data, Mysc Inc appears to be a financially stable organization with consistent revenue and asset growth. The absence of reported officer compensation is a positive indicator of efficient use of funds. However, a full assessment would benefit from a detailed breakdown of program spending versus administrative and fundraising costs.
How has Mysc Inc's financial health changed over time?
Mysc Inc has shown a positive trend in recent years. While there were periods of expenses exceeding revenue (e.g., 2021 and 2020), the organization has consistently generated surpluses in 2022 and 2023. Assets have also grown significantly, from $142,491 in 2021 to $414,269 in 2023, indicating improved financial health.
What is Mysc Inc's approach to executive compensation?
Mysc Inc reports 0% officer compensation in all available IRS 990 filings. This suggests a commitment to minimizing executive pay or a structure where leadership is compensated through other means not classified as officer compensation, which can be viewed favorably by donors.
Filing History
IRS 990 filing history for Mysc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mysc Inc's revenue has grown by 11%, moving from $697K to $774K. Total assets increased by 135.8% over the same period, from $176K to $414K. Total functional expenses fell by 8.6%, from $692K to $632K. In its most recent filing year (2023), Mysc Inc reported a surplus of $142K, with revenue exceeding expenses. The organization holds $252K in liabilities against $414K in assets (debt-to-asset ratio: 60.9%), resulting in net assets of $162K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $774K | $632K | $414K | $252K | — | View 990 |
| 2022 | $825K | $751K | $467K | $243K | — | View 990 |
| 2021 | $617K | $654K | $142K | $197K | — | View 990 |
| 2020 | $642K | $745K | $250K | $268K | — | View 990 |
| 2019 | $759K | $735K | $293K | $208K | — | View 990 |
| 2018 | $766K | $766K | $203K | $142K | — | View 990 |
| 2017 | $723K | $727K | $301K | $240K | — | View 990 |
| 2016 | $636K | $651K | $257K | $191K | — | View 990 |
| 2015 | $637K | $649K | $199K | $119K | — | View 990 |
| 2014 | $638K | $683K | $210K | $118K | — | View 990 |
| 2013 | $704K | $696K | $182K | $45K | — | View 990 |
| 2012 | $752K | $731K | $212K | $84K | — | View 990 |
| 2011 | $697K | $692K | $176K | $68K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $774K, expenses of $632K, and assets of $414K (revenue -6.2% year-over-year).
- 2022: Revenue of $825K, expenses of $751K, and assets of $467K (revenue +33.8% year-over-year).
- 2021: Revenue of $617K, expenses of $654K, and assets of $142K (revenue -3.9% year-over-year).
- 2020: Revenue of $642K, expenses of $745K, and assets of $250K (revenue -15.4% year-over-year).
- 2019: Revenue of $759K, expenses of $735K, and assets of $293K (revenue -0.9% year-over-year).
- 2018: Revenue of $766K, expenses of $766K, and assets of $203K (revenue +6.0% year-over-year).
- 2017: Revenue of $723K, expenses of $727K, and assets of $301K (revenue +13.6% year-over-year).
- 2016: Revenue of $636K, expenses of $651K, and assets of $257K (revenue -0.1% year-over-year).
- 2015: Revenue of $637K, expenses of $649K, and assets of $199K (revenue -0.2% year-over-year).
- 2014: Revenue of $638K, expenses of $683K, and assets of $210K (revenue -9.3% year-over-year).
- 2013: Revenue of $704K, expenses of $696K, and assets of $182K (revenue -6.3% year-over-year).
- 2012: Revenue of $752K, expenses of $731K, and assets of $212K (revenue +7.8% year-over-year).
- 2011: Revenue of $697K, expenses of $692K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mysc Inc:
Data Sources and Methodology
This transparency report for Mysc Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.