Communication Madison

Analysis

Communication Madison is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Communication Madison reported income of $119k and spending of $111k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $119k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Communication Madison sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within WI. Charities of a similar size with the same main cause include Public Access Northern Dutchess Area Inc ($119k), New Bedford Historical Society ($119k) and Searcy Community School of Music ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.2% of the total. At year end it held assets of $20k against liabilities of $4,400, net assets of $15k.