Badger Midget Auto Racing Association Incorporated is located in Sun Prairie, WI. The organization was established in 1952. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Badger Midget Auto Racing Association Incorporated 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 12/2022, Badger Midget Auto Racing Association Incorporated generated $180.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $162.7k during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE MIDGET AUTO RACING
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Quinn Mccabe President | 0 | $0 | |
| Jim Schulenburg Treasurer | 0 | $0 | |
| Linda Bredeson Secretary | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $7,840 | 
| Investment income | $11 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $172,737 | 
| Total Revenue | $180,588 | 
| 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 | $472 | 
| Other expenses | $162,254 | 
| Total expenses | $162,726 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,466 | 
| Other assets | $0 | 
| Total assets | $35,466 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $35,466 |