Madlab
- Assets
- $464.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 03/1999
- EIN
- 31-1635762
Organization Overview
Madlab is located in Columbus, OH. The organization was established in 1999. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Madlab 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 undefined, Madlab generated $77.9k 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 (4.5%) each year. All expenses for the organization totaled $55.6k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (8.4%) 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
Describe the Organization's Program Activity:
Part 3
PERFORMING ARTS PROGRAM: MAINTAIN PERFORMANCE SPACE THAT OFFERS NEW ARTISTS A LOW-COST FURUM TO PRESENT ORIGINALWORK AND COMMUNITY MEMBERS A LOW-COST OPPORTUNITY TO PARTICIPATE IN THE ORIGINAL CREATION OF ART AND IDEAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianne Dean Chair Of The | 2 | $0 | |
William Macke Member At La | 3 | $0 | |
Brad Shimp Treasurer/se | 3 | $0 | |
Eric Myers Member At La | 5 | $0 | |
Bruce Coates Member At La | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,714 |
| Total Program Service Revenue | $10,909 |
| Membership dues | $0 |
| Investment income | $11,248 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,871 |
| Statement of Expenses | |
|---|---|
| Total expenses | $55,577 |
| Balance Sheet | |
|---|---|
| Total assets | $464,183 |
| Total liabilities | $171,186 |
| Net assets or fund balances | $292,997 |