Madison Festivals Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,139,623 | 1,143,160 | −3,537 | 5.1 | 4% |
| 2012 | 1,253,685 | 1,260,378 | −6,693 | 4.7 | 3% |
| 2013 | 1,603,670 | 1,538,948 | 64,722 | 4.5 | 3% |
| 2014 | 1,666,287 | 1,914,920 | −248,633 | 2.0 | 3% |
| 2015 | 1,408,467 | 1,381,238 | 27,229 | 2.9 | 4% |
| 2016 | 1,464,259 | 1,393,903 | 70,356 | 3.6 | 4% |
| 2017 | 1,480,249 | 1,450,819 | 29,430 | 3.7 | 4% |
| 2018 | 1,449,401 | 1,476,512 | −27,111 | 3.3 | 4% |
| 2019 | 1,609,317 | 1,544,810 | 64,507 | 4.1 | 4% |
| 2020 | 13,838 | 294,799 | −280,961 | 10.1 | 17% |
| 2021 | 907,916 | 743,607 | 164,309 | 6.6 | 8% |
| 2022 | 1,364,433 | 1,638,569 | −274,136 | 1.0 | 8% |
| 2023 | 1,406,168 | 1,348,599 | 57,569 | 1.7 | 15% |
In its most recent public year (2023), this organization brought in $57,569 more than it spent. Its reserves stood at about 1.7 months of spending, down from 5.1 in 2011. Staff pay was 15% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Madison Festivals Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works