Overview

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Est.

2000

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

POTOSI FOUNDATION INC is a nonprofit organization focused on restoring a historic landmark and reconnecting the community to its heritage, while also developing a destination for historic and educational interest. With an operating budget of $487.6K and total revenue of $342K for the 2024 filing year, the foundation channels funds into initiatives that support both historic preservation and charitable causes. The organization does not rely on a single funder for 50% or more of its revenue and operates through a diverse funding base. More information can be found on their website at www.potosibrewery.com.

Mission Statement

TO RESTORE A HISTORIC LANDMARK AND TO RECONNECT THE COMMUNITY TO PART OF ITS HERITAGE. TO DEVELOP A DESTINATION OF HISTORIC AND EDUCATIONAL INTEREST. TO CHANNEL FUNDS INTO ITS MARKETS SERVED TO SUPPORT HISTORIC AND EDUCATION BASED INITIATIVES AS WELL AS CHARITABLE CAUSES, WHICH TRULY MAKE IT A SOCIALLY RESPONSIBLE CORPORATE CITIZEN.
Revenues
$342K
Expenses
$490.6K
Net Income:
-$148.6K
Assets
$4.1M
Liabilities
$3.6M
Net Assets:
+$461K
Operating Budget
$487.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$6K
Largest grant received
$20K
D
Dave Fritz
Board Member
L
Larry Bowden
Board Member
H
Herb Page
Board Member

Frequently Asked Questions

What is POTOSI FOUNDATION INC’s budget?
In 2024, POTOSI FOUNDATION INC reported an annual operating budget of around $488 thousand. More detailed financial information is available to registered users.
What causes does POTOSI FOUNDATION INC support?
POTOSI FOUNDATION INC supports work in Museums.
Where does POTOSI FOUNDATION INC operate?
POTOSI FOUNDATION INC is headquartered in Potosi, WI.
Who funded POTOSI FOUNDATION INC recently?
In 2024, POTOSI FOUNDATION INC received grants from UNITED WAY OF DANE COUNTY INC, LES AND BETTY MACK FAMILY CHARITABLE FOUNDATION INC, and FRITZ FAMILY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant POTOSI FOUNDATION INC received in 2024?
The largest grant to POTOSI FOUNDATION INC in 2024 exceeds $20 thousand.