Madison Advertising Federation Inc
- Assets
- $18.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 01/1982
- Data as of
- 06/2023
- EIN
- 39-1390512
Organization Overview
Madison Advertising Federation Inc is located in Madison, WI. The organization was established in 1982. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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 Advertising Federation Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Madison Advertising Federation Inc generated $34.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $25.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Shoemaker President | 5 | $0 | |
Allison Lindorfer Vice President | 5 | $0 | |
Megan Leick Past President | 5 | $0 | |
Robin Wendt Communication Co-Chair | 5 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,750 |
| Total Program Service Revenue | $25,057 |
| Membership dues | $7,668 |
| Investment income | $51 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,526 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,000 |
| Professional fees and other payments to independent contractors | $2,825 |
| Occupancy, rent, utilities, and maintenance | $32 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,827 |
| Total expenses | $25,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,697 |
| Other assets | $0 |
| Total assets | $18,889 |
| Total liabilities | $2,445 |
| Net assets or fund balances | $16,444 |