Madison Savoyards Ltd is located in Madison, WI. The organization was established in 1975. According to its NTEE Classification (A6A) the organization is classified as: Opera, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Savoyards Ltd 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 Savoyards Ltd generated $59.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $43.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
PRODUCED 7 FULLY-STAGED PERFORMANCES OF GILBERT & SULLIVAN'S "THE PIRATES OF PENZANCE, OR THE SLAVE OF DUTY," AT THE BARTELL THEATRE IN DOWNTOWN MADISON, WI AUGUST 4-13, 2023. THE PRODUCTION WAS ACCOMPANIED BY A 7-PIECE ORCHESTRA WITH 26 CAST MEMBERS AND 20 ARTISTIC AND TECHNICAL CREW MEMBERS. 1300 AUDIENCE MEMBERS ATTENDED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Dexter President | 6 | $0 | |
Phillip Saganski Vice President | 3 | $0 | |
Roland Beach Secretary | 3 | $0 | |
Aimee Teo Broman Treasurer | 6 | $0 | |
Catherine Killam Member-At-Large | 0 | $0 | |
Walton Schalick Member-At-Large | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,977 |
| Total Program Service Revenue | $34,999 |
| Membership dues | $0 |
| Investment income | $408 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,003 |
| 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 | $26,634 |
| Occupancy, rent, utilities, and maintenance | $3,322 |
| Printing, publications, postage, and shipping | $6,843 |
| Other expenses | $6,883 |
| Total expenses | $43,682 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,611 |
| Other assets | $0 |
| Total assets | $60,611 |
| Total liabilities | $1,850 |
| Net assets or fund balances | $58,761 |