Madison International Partners Inc
- Assets
- $233.4k
- Revenue
- $134.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Madison, WI
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 81-3858061
Organization Overview
Madison International Partners Inc is located in Madison, WI. The organization was established in 2016. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Madison International Partners Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison International Partners 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 12/2022, Madison International Partners Inc generated $134.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $117.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HELP GLOBAL CITIZENS LIVING IN, OR CONNECTED TO, THE MADISON AREA THRIVE THROUGH HOSPITALITY, FRIENDSHIP AND CROSS-CULTURAL EXCHANGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022, MADISON INTERNATIONAL PARTNERS PROGRAMMING INCLUDED THE FOLLOWING: AIRPORT AND BUS DEPOT PICK UPS TO 100 NEW INTERNATIONAL STUDENTS AND VISITING SCHOLARS IN THE FALL OF 2022 HELPED HUNDREDS OF INTERNATIONALS IMPROVE THEIR ENGLISH SKILLS AND ORGANIZED ACTIVITIES SUCH AS BREAKFAST ON THE FARM, TOUR OF MADISON, SHOPPING TRIPS TO WALMART, APPLE PICKING, CORN MAZE, PICNICS, INTERNATIONAL COOKING & DINNER, SUPER BOWL WATCH PARTY, AND MUSEUM VISITS FOR MANY OF THEM. USED ITS EMERGENCY FUND TO HELP A REFUGEE FAMILY FROM UKRAINE TO ACQUIRE A USED CAR AND ALSO CONDUCTED A FREE CAREER DEVELOPMENT FOCUSED ON ALL ASPECTS OF JOB SEARCH WHICH HELPED 6 PARTICIPANTS LAND POSITIONS THAT WILL MOVE THEIR CAREER FORWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean-Rene Watchou Executive Di | Officer | 40 | $66,000 |
Eileen Wilson President | OfficerTrustee | 3 | $0 |
Amy Stettner Secretary | OfficerTrustee | 3 | $0 |
Hannah Lanser Treasurer | OfficerTrustee | 2 | $0 |
Guy Van Rensselaer Director | Trustee | 2 | $0 |
Robert Sorensen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,826 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,826 |
| Total Program Service Revenue | $0 |
| Investment income | $104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,930 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,000 |
| Compensation of current officers, directors, key employees. | $16,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,911 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,144 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,264 |
| Information technology | $1,160 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $786 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,568 |
| Insurance | $5,026 |
| All other expenses | $2,491 |
| Total functional expenses | $117,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,283 |
| Savings and temporary cash investments | $437 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $15,013 |
| Investments—publicly traded securities | $99,618 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $233,351 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $233,351 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $233,351 |
Peer Organizations
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|---|---|---|
Hope International Development Agency Chicago, IL | $390,987 | $15,820,543 |
Youth For Understanding Usa Inc Saginaw, MI | $2,059,398 | $4,448,224 |
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St Paul Cultural Center Turkey Foundation Inc Ann Arbor, MI | $183,931 | $799,732 |
French Institute Of Michigan Farmington Hills, MI | $234,354 | $280,213 |
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Sounds Of Hope Ltd Saint Paul, MN | $135,076 | $110,284 |
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Chinese Cultural Center Of America Ames, IA | $199,450 | $100,000 |