Charity Search / PETTIT NATIONAL ICE CENTER INC
Recreation & Sports (N60Z) IRS Verified DX Registered 990 on File

PETTIT NATIONAL ICE CENTER INC

EIN: 39-1712146 · MILWAUKEE, WI 53214-1400 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 55/100
Effectiveness (25%) 100/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

The Pettit Center serves an essential role for U.S. Speedskating, providing a premiere venue for the training and development for U.S. National team members in both long and short track speed skating, while offering introductory, instructional, and competitive programming for those motivated to pursue Olympic dreams.

Financial Overview — FY 2024
$2.8M
Total Revenue
$2.5M
Total Expenses
$8.7M
Net Assets
88
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.7%
Fundraising Efficiency N/A
Operating Reserve 41.62x
Liability-to-Asset 1.8%
Revenue Diversification 96.0%
Executive Compensation $120K
Compared with Peers
FY 2024
Compared with 1,615 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
90.7% 87.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
8.2% 9.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.1% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
41.6 mo 8.2 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.8% 11.0%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
96.0% 89.6%
P10P90
Below median
Revenue growth
Year over year revenue growth
11.5% 9.3%
P10P90
Expense growth
Year over year expense growth
7.6% 9.5%
P10P90
Surplus margin
Surplus as a share of revenue
11.1% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.8M $2.5M $8.7M 90.7% 88
2023 $2.5M $2.3M $8.4M 92.4% 79
2022 $2.8M $2.3M $8.2M 92.8% 104
2021 $2.1M $2.0M N/A 111
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Organization Details
EIN
39-1712146
State
WI
City
MILWAUKEE
ZIP
53214-1400
Classification
N60Z
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1935
Foundation Code
15
Form 990
On File
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