Support Organization For Madisoncultural Arts District Inc in Middleton, Wisconsin (WI)

Organization representatives - add corrected or new information about Support Organization For Madisoncultural Arts District Inc »

Non-representatives - add comments about Support Organization For Madisoncultural Arts District Inc»

Support Organization For Madisoncultural Arts District Inc
Employer Identification Number (EIN)204596904
Name of OrganizationSupport Organization For Madisoncultural Arts District Inc
In Care of NameGeorge E Austin-President
Address6120 University Ave, Middleton, WI 53562-3461
SubsectionCharitable Organization
Ruling Date12/2006
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2009
Assets$0
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$-12,929,351
Amount of Income$35,903
Form 990 Revenue Amount$35,903
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Single Organization Support


Non-representatives - add comments:


CAPTCHA

Your IP address 18.232.51.247 will be logged.

Amount of income in 2009: $35,903
This organization: 

 $35,903
Other organizations performing similar types of work: 

 $151,601

Assets in 2009: $-12,929,351
Support Organization For Madisoncultural Arts District Inc: 

 $-12,929,351
Other organizations performing similar types of work: 

 $393,588

Expenses in 2007: $121,698,031
This organization: 

 $121,698,031
Other organizations performing similar types of work: 

 $97,912

Income to expenses ratio in 2007: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.5

Expenses allocated to program services in 2007: 99.9%
Support Organization For Madisoncultural Arts District Inc: 

 99.9%
Other organizations performing similar types of work: 

 95.7%

Grants share in income in 2007: 97.4%
This organization: 

 97.4%
Other organizations performing similar types of work: 

 59.7%

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2007
Total revenue$109,254,655
Contributions, gifts, grants, and similar amounts received$106,416,243
Contributions to donor advised funds$0
Direct public support$106,416,243
Indirect public support$0
Government contributions (grants)$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$2,827,569
Net rental income or (loss)$0
Gross rents$0
Less: rental expenses$0
Other investment income$0
Gain or (loss) from sales of assets other than inventory$0
Gross amount from sales of assets other than inventory$0
Less: cost or other basis and sales expenses$0
Net income or (loss) from special events and activities$0
Gross revenue$0
Less: direct expenses other than fundraising expenses$0
Gross profit or (loss) from sales of inventory$0
Gross sales of inventory, less returns and allowances$0
Less: cost of goods sold$0
Other revenue$10,843
Total expenses$121,698,031
Program services$121,522,423
Management and general$175,608
Fundraising$0
Payments to affiliates$0
Net assets or fund balances at end of year$-12,929,351
Excess or (deficit) for the year$-12,443,376
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$-485,975
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$121,698,031$121,522,423$175,608$0
Grants paid from donor advised funds$0
Other grants and allocations$121,522,423
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$11,200$0$11,200$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$9,042$0$9,042$0
Legal fees$46,235$0$46,235$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$109,131$0$109,131$0
Balance Sheets
2007
Total assets$101,206,503
Cash - non-interest-bearing$31,352
Savings and temporary cash investments$3,051,182
Accounts receivable less allowance for doubtful accounts$0
Pledges receivable less allowance for doubtful accounts$0
Grants receivable$0
Receivables from current and former officers, directors, trustees, and key employees$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$6,450
Investments - publicly-traded securities$97,959,820
Investments - other securities$0
Investments - land, buildings, and equipment less accumulated depreciation$0
Investments - other$0
Land, buildings, and equipment less accumulated depreciation$0
Other assets, including program-related investments$157,699
Total liabilities$114,135,854
Accounts payable and accrued expenses$101,693
Grants payable$114,034,161
Deferred revenue$0
Loans from officers, directors, trustees, and key employees$0
Tax-exempt bond liabilities$0
Mortgages and other notes payable$0
Other liabilities$0
Total liabilities and net assets/fund balances$101,206,503
Total net assets or fund balances$-12,929,351
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2007
Total revenue$109,254,655
Total revenue, gains, and other support per audited financial statements$109,254,655
Other expenses$0
Net unrealized gains on investments$0
Donated services and use of facilities$0
Recoveries of prior year grants$0
Other$0
Other revenue$0
Investment expenses$0
Other$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2007
Total expenses$121,698,031
Total expenses and losses per audited financial statements$122,184,006
Other revenue$485,975
Donated services and use of facilities$0
Prior year adjustments$0
Losses$485,975
Other$0
Other expenses$0
Investment expenses$0
Other$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings6
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$2,838,412$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$2,827,569$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$10,843$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType I
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
396038248Madison Community FoundationOrganization that receives a substantial part of its support from a governmental unit or from the general publicYes$121,522,423
Total$121,522,423
Support Schedule
2006
Total$0
Gifts, grants, and contributions received$0
Membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0
Net income from unrelated business activities not included above$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0
Other income$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Support Organization For Madisoncultural Arts District Inc to others? (optional)
  
Add photo of Support Organization For Madisoncultural Arts District Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Overture Development Corporation201 State St, Madison, WI 53703-2214WI2001-08$7,055,435
2Support Organization For Madisoncultural Arts District Inc6120 University Ave, Middleton, WI 53562-3461WI2006-12$35,903
3The Callanwolde Foundation Inc980 Briarcliff Rd Ne, Atlanta, GA 30306-2618GA1983-10$1,927,468
4Visual Arts Center Endowment Trust Inc210 Maude St, Punta Gorda, FL 33950-3359FL2009-07$1,785,281
5Sandler Center For The Performing Arts FoundationPO BOX 66129, Virginia Bch, VA 23466-6129VA2005-05$1,333,592
6Spriestersbach Farm CorporationPO BOX 1290, Indianapolis, IN 46206-1290IN2011-07$1,141,051
7Keys For Kids Inc3456 Minnehaha Avenue South, Minneapolis, MN 55406MN2006-11$847,225
8Lincoln Collection EndowmentPO BOX 11083, Fort Wayne, IN 46855-1083IN2009-09$796,791
9Washington State Heritage Center TrustPO BOX 40222, Olympia, WA 98504-0222WA2009-05$712,683
10Facilities For The Arts On Spruce Foundation251 N Spruce St, Winston Salem, NC 27101-2735NC2008-04$711,629
11The Supporters Of The Center123 N Wenatchee Ave, Wenatchee, WA 98801-2238WA1982-12$558,870
12City Of Fresno Cultural Arts Properties Corporation2600 Fresno Street Suite 2156, Fresno, CA 93721-3620CA2011-07$482,290
13Heritage Foundation For Germans From RussiaPO BOX 7362, Bismarck, ND 58507-7362ND2002-01$154,052
14Timpanogos Arts FoundationPO BOX 443, American Fork, UT 84003-0443UT2003-07$127,869
15Friends Of The St Augustine Amphitheatre IncPO BOX 840179, St Augustine, FL 32080FL2010-11$122,944
16Earl L And Corinne A Otto Cultural Center Endowment Tr, Woodtrust Asset Management Ttee181 2nd St S, Wisc Rapids, WI 54494-4100WI2008-02$101,439
17Zumix Firehouse Inc202 Maverick Street, East Boston, MA 02128MA2009-05$96,493
18Arts AngelsPo Box 41, Sea Cliff, NY 11579NY2007-01$62,856
19Friends Of The@performing Arts Center Inc, Middleton-Cross Plains Area PacPO BOX 620613, Middleton, WI 53562-0613WI2005-03$60,965
20The Winter Park Sidewalk Art Festival Foundation IncPO BOX 597, Winter Park, FL 32790-0597FL2008-09$40,174
Number of organizations performing similar types of work
Arizona2
California7
District of Columbia1
Florida6
Georgia4
Idaho1
Illinois3
Indiana3
Kansas1
Kentucky2
Massachusetts4
Maryland2
Maine1
Michigan1
Minnesota2
North Carolina3
North Dakota1
New Mexico2
New York10
Ohio3
Oklahoma1
Oregon2
Pennsylvania1
Tennessee1
Texas2
Utah2
Virginia2
Vermont1
Washington3
Wisconsin4
West Virginia1
Total79

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Support Organization For Madisoncultural Arts District Inc and has no official or unofficial affiliation with Support Organization For Madisoncultural Arts District Inc