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MADISON AREA TECHNICAL COLLEGE FOUNDATION INC

MADISON AREA TECHNICAL COLLEGE FOUNDATION INC

MADISON, WI, US
501(c)(3)
EIN
23-7265867
funder logo

MADISON AREA TECHNICAL COLLEGE FOUNDATION INC

MADISON, WI, US
501(c)(3)
EIN
23-7265867

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$5,014,229

Contributions
75%
Other
11%
Investments
10%
Program Services
4%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$3,722,572

Grants
53%
Salaries & Benefits
23%
Other
15%
Depreciation
4%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,164,607
$3,771,977
-9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$417,964
$209,530
-50%
Membership Dues
$0
$0
-
Investments
$298,652
$480,975
+61%
Other
$630,918
$551,747
-13%
Total Revenues
$5,512,141
$5,014,229
-9%
Expenses
2023
2024
Change
Grants
$1,709,173
$1,985,905
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$878,167
$843,475
-4%
Fees to Service Providers
$31,527
$58,154
+84%
Advertising & Promotion
$33,108
$16,031
-52%
Offices, Occupancy & IT
$58,043
$114,396
+97%
Interest
$0
$0
-
Depreciation
$110,238
$132,168
+20%
Other
$444,919
$572,443
+29%
Total Expenses
$3,265,175
$3,722,572
+14%
Net income
2023
2024
Change
Net income
+$2,246,966
+$1,291,657
-43%
Functional Expenses
Summary
2023
2024
Change
Program
$2,173,695
$2,646,233
+22%
Admin
$618,216
$712,631
+15%
Fundraising
$473,264
$363,708
-23%
Total Expenses
$3,265,175
$3,722,572
+14%
Income Statement
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