Downtown Madison Partners Inc
- Assets
- $24.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 03/1984
- Data as of
- 12/2023
- EIN
- 39-1468611
Organization Overview
Downtown Madison Partners Inc is located in Madison, WI. The organization was established in 1984. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Downtown Madison Partners Inc 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, Downtown Madison Partners Inc generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 9 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
DOWNTOWN MADISON PARTNERS, INC. PROVIDES ORGANIZATIONAL SUPPORT TO DOWNTOWN MADISON, INC. IN ITS MISSION TO MAKE DOWNTOWN MADISON A MORE INCLUSIVE, EQUITABLE, VIBRANT, AND ECONOMICALLY STRONG PLACE TO LIVE, WORK, AND VISIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Ilstrup President | 10 | $0 | |
Mark Richardson Co-Chair | 2 | $0 | |
Margaret Watson Co-Chair | 2 | $0 | |
Megan Jerabek Co-Chair | 2 | $0 | |
Anita Mahamed Treasurer | 2 | $0 | |
Pam Christenson Vice Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,000 |
| Total Revenue | $3,450 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,481 |
| Total expenses | $2,481 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,315 |
| Other assets | $0 |
| Total assets | $24,315 |
| Total liabilities | $20,000 |
| Net assets or fund balances | $4,315 |