Madison Advertising Federation

Madison, WIPrivate foundation / grantmaker EIN 39-1630870Revenue $16K in FY2025Latest return filed Oct 10, 2025

On file with the IRSaafmadison.org/maff-foundation9 Odana CT · Madison, WI

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FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $18K a year · 319% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$16K
+131% vs prior year
Spent
$106K
Net assets
$0
By yearFY2020–FY2025
Revenue
$16K
FY2025▲ +131%
Tap a bar for its year
Revenue by fiscal year
FY2020$7K
FY2021$1K
FY2022$8K
FY2023−$5K
FY2024$7K
FY2025$16K
Expenses
$106K
FY2025▲ ×15
Tap a bar for its year
Expenses by fiscal year
FY2020$8K
FY2021$5K
FY2022$6K
FY2023$7K
FY2024$7K
FY2025$106K
Net assets
$0
FY2025▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$105K
FY2021$100K
FY2022$102K
FY2023$91K
FY2024$90K
FY2025$0

From the FY2025 Form 990 (year ending June 2025) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 95% · $100K Operating & administrative 5% · $6K

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

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Madison Advertising Federation executive salaries →

Programs and updates

A private foundation based in Madison, WI.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 8 grants · $100K · 2024–2024
Edgewood University INCWI · FY2024$25,000
Madison College FoundationFY2024$25,000
Individual RecipientFY2024$1,000
Individual RecipientFY2024$1,000
Individual RecipientFY2024$1,000
Individual RecipientFY2024$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV2
Average grantPart XV$13K
Median grantPart XV$21K
Largest grantPart XV$25K
Top cause focusNTEEColleges & Universities (38%)

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$16K
Investment income$14K
Gifts and grants$2K
Money out
$106K
Grants paid$100K
Running costs$6K
Owns and owes
$0
net assets
Total assets$0
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$2K
Investment income$14K
Total revenue$16K
Assets in detailEnd of year
Total assets$0
Liabilities$0
Net assets$0
Operations
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Oct 10, 2025 $16K$106K−$90K$0 990 PDF
FY2024Filed with the IRS May 1, 2025 $7K$7K−$468$90K 990 PDF
FY2023Filed with the IRS May 14, 2024 −$5K$7K−$11K$91K 990 PDF
FY2022Filed with the IRS Apr 28, 2023 $8K$6K$1K$102K 990 PDF
FY2021Filed with the IRS May 13, 2022 $1K$5K−$4K$100K 990 PDF
FY2020Filed with the IRS Mar 30, 2021 $7K$8K−$1K$105K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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