Madison Public Market Foundation is located in Madison, WI. The organization was established in 2019. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Public Market Foundation 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 12/2021, Madison Public Market Foundation generated $110.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (33.2%) each year. All expenses for the organization totaled $70.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE MARKET AND GARNERING COMMUNITY SUPPORT THROUGH HOSTING PRELIMINARY EVENTS OPEN TO THE PUBLIC, FEATURING POTENTIAL MARKET VENDORS ENGAGED IN PRODUCING UNIQUE CULINARY AND ARTISAN EXPERIENCES. PROGRAM EXPENSES WERE NOT EXPECTED IN 2021, AS IT WAS A CAPITAL CAMPAIGN YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jamaal Stricklin President | 5 | $0 | |
Willa Schlecht Treasurer | 5 | $0 | |
Victoria Davis Fmr. Treasurer | 5 | $0 | |
Sujhey Beisser Secretary | 5 | $0 | |
Karen Crossley Director | 5 | $0 | |
Rachel Kerr Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $110,080 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $15 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $110,095 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $11,388 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $98 |
Other expenses | $59,136 |
Total expenses | $70,622 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $146,229 |
Other assets | $0 |
Total assets | $159,329 |
Total liabilities | $0 |
Net assets or fund balances | $159,329 |
Over the last fiscal year, we have identified 2 grants that Madison Public Market Foundation has recieved totaling $70,000.
Awarding Organization | Amount |
---|---|
Evjue Foundation Inc Madison, WI PURPOSE: SUPPORT CAPITAL PROJECT | $50,000 |
Daniel W Erdman Foundation Inc Madison, WI PURPOSE: GENERAL OPERATING | $20,000 |
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