Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1981.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
80 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $150K paid to officers and key staff.
Sara Klemme’s $150K as President is at the 64th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Sara Klemme | $150,276 | $128,461 | $135,527 | $55,774 | $57,312 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Organizes community events connecting people, businesses, and charities.
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Taste of madison held since 1983, the taste of madison is madison festivals' flagship event. Madison's end-of-summer picnic with over 80 restaurants, two entertainment stages, and over 25 beverage stands draws over 250,000 people to the capitol square over saturday and sunday of labor day weekend.
Madison marathon the madison marathon, half marathon, and 10k is held over veterans day weekend in early november. All races begin and finish on capitol square. An expo is held on the friday and saturday prior to sunday's race day. The madison marathon benefits over 30 local nonprofits and charities annually.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $526K | $891K |
| Land, buildings, equipmentLn 10c | $7K | $0 |
| Total assetsLn 16 | $605K | $951K |
| LiabilitiesLn 26 | $410K | $371K |
| Net assetsLn 32 | $195K | $579K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $150K | $46K | $96K | $9K |
| Other salaries and wagesLn 7 | $58K | $18K | $37K | $3K |
| Other employee benefitsLn 9 | $18K | $5K | $11K | $1K |
| Payroll taxesLn 10 | $17K | $5K | $11K | $983 |
| Management feesLn 11a | $90K | $73K | $17K | |
| Accounting feesLn 11c | $27K | $27K | ||
| Other fees for servicesLn 11g | $207K | $207K | ||
| Advertising and promotionLn 12 | $96K | $90K | $7K | |
| Office expensesLn 13 | $142K | $133K | $9K | |
| Information technologyLn 14 | $2K | $628 | $1K | |
| OccupancyLn 16 | $22K | $10K | $11K | $1K |
| TravelLn 17 | $13K | $10K | $3K | |
| InterestLn 20 | $4K | $4K | $207 | |
| Depreciation, depletion and amortizationLn 22 | $7K | $7K | ||
| InsuranceLn 23 | $15K | $6K | $8K | $731 |
| Other expenses (24a–d)Ln 24 | $499K | $489K | $10K | $0 |
| All other expensesLn 24e | $425 | $225 | $200 | |
| Total functional expensesLn 25 | $1.4M | $1.1M | $251K | $16K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.8M | $1.4M | $384K | $579K | 990 PDF |
| FY2023 | $1.4M | $1.3M | $58K | $195K | 990 PDF |
| FY2022 | $1.4M | $1.6M | −$274K | $138K | 990 PDF |
| FY2021 | $908K | $744K | $164K | $412K | 990 PDF |
| FY2020 | $14K | $295K | −$281K | $248K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,750,802 across 5 lines filed
Part IX · Statement of functional expenses $1,366,609 across 17 lines filed
Part X · Balance sheet $950,749 assets, 12 lines filed
Part XI · Reconciliation of net assets $579,443 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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