Madison Circus Space Inc

Analysis

Madison Circus Space Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madison Circus Space Inc reported income of $236k and spending of $248k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $274k to $236k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madison Circus Space Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include District 5 Sports & Activities Council Inc ($236k), Cda Skeet & Trap Club ($236k) and Michigans Premier Baseball Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $23k. At year end it held assets of $1.7m against liabilities of $1.2m, net assets of $462k. It reported 1 employees.