2023-08-04T10:23:16-05:00 2022-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2022-01-01 391366837 MADISON FESTIVALS INC MADI 6086095354 787 LOIS DRIVE SUN PRAIRIE WI 53590 SARA KLEMME PRESIDENT 6086095354 2023-08-03 1 SARA KLEMME 999009999 0 JASON STEPHENS CPA P01263225 6082744020 2023-07-24 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARA KLEMME 787 LOIS DRIVE SUN PRAIRIE WI 53590 1518283 0 X WWW.MADISONFESTIVALS.COM X 1978 WI TO PRODUCE AND DEVELOP EVENTS IN THE GREATER MADISON COMMUNITY THAT ENRICH OUR COMMUNITY BY BRINGING TOGETHER PEOPLE, BUSINESSES, AND CHARITIES. 13 12 2 700 0 0 83657 38718 780596 848539 450 1218 43213 475958 907916 1364433 0 0 0 0 66168 163984 0 0 10991 677439 1474585 743607 1638569 164309 -274136 675251 499758 263434 362077 411817 137681 WE ASPIRE TO BRING TOGETHER PEOPLE, BUSINESSES, AND CHARITABLE ORGANIZATIONS THROUGH EVOLVING, BEST-IN-CLASS EVENTS THAT ENRICH OUR COMMUNITY. 0 0 692416 0 227790 TASTE OF MADISON - HELD SINCE 1983, THE TASTE OF MADISON IS MADISON FESTIVALS' FLAGSHIP EVENT. MADISON'S END-OF-SUMMER PICNIC WITH OVER 75 RESTAURANTS, THREE ENTERTAINMENT STAGES, AND OVER 25 BEVERAGE STANDS DRAWS OVER 250,000 PEOPLE TO THE CAPITOL SQUARE OVER SATURDAY AND SUNDAY OF LABOR DAY WEEKEND. TASTE OF MADISON HAS RAISED OVER $1.0 MILLION DOLLARS SINCE 1995 FOR LOCAL NON-PROFIT AND CHARITABLE ORGANIZATIONS. 388065 0 513990 MADISON MARATHON - THE MADISON MARATHON AND HALF MARATHON IS HELD OVER VETERANS DAY WEEKEND IN EARLY NOVEMBER. ALL RACES BEGIN AND FINISH ON CAPITOL SQUARE. AN EXPO IS HELD ON THE FRIDAY AND SATURDAY PRIOR TO SUNDAY'S RACE DAY. THE MADISON MARATHON BENEFITS OVER 40 LOCAL NONPROFITS AND CHARITIES ANNUALLY. 168485 0 106759 RUN MADTOWN - RUN MADTOWN IS HELD OVER MEMORIAL DAY WEEKEND ANNUALLY AND FEATURES FOUR DIFFERENT RACES. ALL RACES BEGIN AND FINISH ON THE CAPITOL SQUARE. AN EXPO IS HELD ON THE FRIDAY AND SATURDAY PRIOR TO SATURDAY EVENING'S AND SUNDAY'S RACES. RUN MADTOWN BENEFITS OVER 40 LOCAL CHARITIES ANNUALLY. MADISON FESTIVALS SOLD RUN MADTOWN TO ENDURANCE MARKETING IN SEPTEMBER 2022. 1248966 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X SARA KLEMME 6086095354 787 LOIS DRIVE SUN PRAIRIE WI 53590 SARA KLEMME PRESIDENT 40.00 X X 135527 0 0 JORDAN BRIGHT VICE-CHAIR 1.00 X X 0 0 0 ASHLEY HEIN SECRETARY 1.00 X X 0 0 0 ELYSE SMITHBACK BOARD CHAIR 1.00 X X 0 0 0 MARK ANDERSON TREASURER 1.00 X X 0 0 0 ALEX PEIRCE DIRECTOR 1.00 X 0 0 0 ANDREA MACE DIRECTOR 1.00 X 0 0 0 BONNIE REINKE DIRECTOR 1.00 X 0 0 0 JANE FITZGERALD DIRECTOR 1.00 X 0 0 0 JOHN WALSH DIRECTOR 1.00 X 0 0 0 MICHAEL LUEHRS DIRECTOR 1.00 X 0 0 0 JENNY WARTINBEE DIRECTOR (THRU NOV) 1.00 X 0 0 0 JON LICA DIRECTOR 1.00 X 0 0 0 JAMIE PATRICK DIRECTOR 1.00 X 0 0 0 UCHENNA JONES DIRECTOR (THRU NOV) 1.00 X 0 0 0 135527 0 0 1 0 0 0 RACE DAY EVENTS 2995 SUB ZERO PARKWAY FITCHBURG WI 53719 EVENT COORDINATION 153000 1 38718 36418 38718 MADISON MARATHON REVENUE 711300 513990 513990 TASTE OF MADISON REVENUE 711300 227790 227790 RUN MADTOWN REVENUE 711300 106759 106759 848539 1218 1218 591000 153850 437150 437150 38808 38808 38808 1364433 848539 0 477176 X 135527 43056 84634 7837 2785 885 1739 161 13200 4194 8243 763 12472 3962 7788 722 5063 5063 26839 26839 485290 476139 8447 704 52236 52236 168133 160096 8037 10207 8241 1966 6782 6673 109 4124 1443 2475 206 9867 9867 11961 4186 7177 598 EQUIPMENT RENTAL 279773 279173 600 SALES TAX 210926 210926 EVENT ENTERTAINMENT 159551 159551 MEALS 41963 39264 2699 1870 1870 1638569 1248966 378612 10991 3217 36228 609272 347244 10041 38838 26311 60905 63176 46633 26410 16543 675251 499758 113434 154858 0 56753 0 466 150000 150000 263434 362077 X 411817 137681 411817 137681 675251 499758 -274136 0 X 1 X 0 1 0 X 207483 244660 33349 83657 38718 607867 207483 244660 33349 83657 38718 607867 187521 420346 6998 8424 3075 450 1218 20165 628032 4910540 0.66930 0.63110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 6139 6139 0 57037 40494 16543 16543 ECONOMIC INJURY DISASTER LOAN 150000 150000 PART IV, LINE 2B: MADISON FESTIVALS, INC. RECEIVES CONTRIBUTIONS FROM REGISTRANTS WITH THE INTENT TO CONTRIBUTE TO OTHER NONPROFIT ORGANIZATIONS AT THE TIME OF THEIR EVENT REGISTRATION. X COMPUTER HARDWARE 2 36418 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 3 RACE DAY EVENTS, LLC MANAGES ALL OF MADISON FESTIVAL'S EVENTS. FORM 990, PART VI, SECTION A, LINE 7A ONE DIRECTOR IS NOMINATED BY THE BOARD OF DIRECTORS OF THE GREATER MADISON CONVENTION & VISITORS BUREAU. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S DIRECTORS BEFORE THE RETURN IS FILED WITH THE IRS. THE DISTRIBUTION OF THE RETURN AND THE VOTE TO APPROVE ARE GENERALLY CONDUCTED ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS ARE GIVEN A CONFLICT OF INTEREST STATEMENT TO COMPLETE AND SIGN AT THE FIRST MEETING OF EACH YEAR. IN ADDITION, ALL NEW DIRECTORS COMPLETE THIS STATEMENT WHEN THEY JOIN THE GOVERNING BODY. THE SIGNED STATEMENTS ARE KEPT AT THE ORGANIZATION'S OFFICE. THE MEMBERS OF THE ORGANIZATION'S FINANCE COMMITTEE REVIEW THE STATEMENTS TO DETERMINE INSTANCES OF CONFLICTS OF INTEREST. THE MEMBERS OF THE ORGANIZATION'S EXECUTIVE COMMITTEE REVIEW AND RECOMMEND ISSUES REGARDING CONFLICTS OF INTEREST TO THE GOVERNING BODY FOR DISCUSSION. ANY PERSON WITH A CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DISCUSSIONS AND DECISIONS REGARDING THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A A COMMITTEE MADE UP OF INDEPENDENT MEMBERS OF THE GOVERNING BODY REVIEWS COMPENSATION DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS TO DETERMINE THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT. THE MEMBERS OF THE GOVERNING BODY OTHER THAN THE PRESIDENT APPROVE THE PRESIDENT'S COMPENSATION WITH AN OFFICIAL VOTE. THE DETERMINATION AND APPROVAL OF THE PRESIDENT'S COMPENSATION IS DOCUMENTED IN THE MINUTES OF THE MEETINGS OF THE GOVERNING BODY. THIS PROCESS WAS LAST COMPLETED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE EXTENT APPROPRIATE. FORM 990, PART IX, LINE 11G EVENT MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 153,778. MANAGEMENT AND GENERAL EXPENSES 8,447. FUNDRAISING EXPENSES 704. TOTAL EXPENSES 162,929. EVENT LABOR: PROGRAM SERVICE EXPENSES 203,822. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 203,822. SECURITY: PROGRAM SERVICE EXPENSES 118,539. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 118,539.