Madison Reading Project Inc

Organization Overview

Madison Reading Project Inc is located in Madison, WI. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Madison Reading Project Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Reading Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Madison Reading Project Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 48.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION ORGANIZES LITERACY PROGRAMS DIRECTED AT VULNERABLE CHILDREN THAT SUPPLEMENTS SCHOOL LEARNING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OFFERS BOOKS TO MANY CHILDREN THROUGH ITS PARTNERSHIPS WITH OTHER NONPROFITS, SOCIAL WORKERS, SCHOOLS, AND SHELTERS.


THE ORGANIZATION OFFERS LITERACY PROGRAMMING WHICH CAN INCLUDE AUTHOR READINGS, STORY TIME WITH THE OUTREACH DIRECTOR, LITERACY CRAFTS AND THEMED EVENTS FOR GROUPS.


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Board, Officers & Key Employees

Name (title)Compensation
Corinda Rainey Moore
Board President
$0
Kent Lawson
Vice President Effective 1/1/24
$0
Jennifer Graf
Board Secretary
$0
Victoria Thayer
Treasurer Effective 1/1/24
$0
Jennifer Peters
Board Member
$0
Jaclyn Vitela Jacqmin
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$115,851
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$892,088
Noncash contributions included in lines 1a–1f $83,313
Total Revenue from Contributions, Gifts, Grants & Similar$1,007,939
Total Program Service Revenue$7,900
Investment income $8,300
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$6,566
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$2,467
Miscellaneous Revenue$0
Total Revenue $1,015,106

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