Madison Sports Car Club
- Assets
- $29.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- Data as of
- 12/2023
- EIN
- 90-2094346
Organization Overview
Madison Sports Car Club is located in Madison, WI. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Madison Sports Car Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Madison Sports Car Club generated $119.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $121.8k during the year ending 12/2023. While expenses have increased by 17.9% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
FURNISHED FACILITIES FOR THE BENEFIT OF ITS MEMBERS IN PROMOTING DRIVING EDUATION AND AWARENESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Schneider Treasurer | 4 | $0 | |
Chris Falconer Member At Large | 3 | $0 | |
Bruce Szczech Vice President | 4 | $0 | |
Kevin Karpelenia Secretary | 4 | $0 | |
Ryan Wiederholt Member At Large | 2 | $0 | |
Stephanie Keeney President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $110,749 |
| Membership dues | $8,760 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,509 |
| 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 | $121,778 |
| Total expenses | $121,778 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,760 |
| Other assets | $0 |
| Total assets | $29,760 |
| Total liabilities | $2,792 |
| Net assets or fund balances | $26,968 |