The Madison Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 169,093 | 119,532 | 49,561 | 50.6 | 0% |
| 2012 | 177,388 | 109,399 | 67,989 | 67.0 | 0% |
| 2013 | 185,902 | 128,621 | 57,281 | 65.8 | 0% |
| 2014 | 280,819 | 131,275 | 149,544 | 76.3 | 0% |
| 2015 | 202,329 | 124,766 | 77,563 | 80.6 | 0% |
| 2016 | 175,188 | 98,809 | 76,379 | 115.1 | 0% |
| 2017 | 249,259 | 133,227 | 116,032 | 102.9 | 0% |
| 2018 | 308,456 | 157,760 | 150,696 | 86.5 | 0% |
| 2019 | 380,989 | 170,037 | 210,952 | 104.9 | 0% |
| 2020 | 404,915 | 354,301 | 50,614 | 59.8 | 0% |
| 2021 | 394,659 | 276,767 | 117,892 | 86.8 | 0% |
| 2022 | 430,540 | 292,911 | 137,629 | 78.3 | 0% |
| 2023 | 483,470 | 390,451 | 93,019 | 66.7 | 0% |
In its most recent public year (2023), this organization brought in $93,019 more than it spent. Its reserves stood at about 66.7 months of spending, up from 50.6 in 2011. Staff pay was 0% 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
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