2024-10-31T09:50:47-05:00 2023-12-31 391628949 JOHNSON BLOCK & CO INC 9701 BRADER WAY SUITE 202 MIDDLETON WI 53562 990 2023-01-01 331047992 MADISON PARKS FOUNDATION INC MADI 6082664339 330 EAST LAKESIDE STREET MADISON WI 53715 SAM LEMENSE TREASURER 6082664339 2024-10-28 1 1 BRETT HOFMEISTER P01290591 6082742002 2023 2024-10-15 13:58:12Z STEPHANIE FRANKLIN 330 EAST LAKESIDE STREET MADISON WI 53715 1292684 0 X WWW.MADISONPARKSFOUNDATION.ORG X 2003 WI AS THE NON-PROFIT PARTNER OF MADISON PARKS, WE HELP OUR COMMUNITY CONSERVE, PROMOTE, AND ENHANCE OUR PARKS. 14 14 2 14 0 0 921956 1145511 0 0 56928 121048 -57276 -47753 921608 1218806 474148 226650 0 0 120102 124385 256 63 49651 218464 137555 812970 488653 108638 730153 4055724 4714075 693211 263438 3362513 4450637 AS THE NON-PROFIT PARTNER OF MADISON PARKS, WE HELP OUR COMMUNITY CONSERVE, PROMOTE, AND ENHANCE OUR PARKS. 0 0 326424 167438 VARIOUS PARK PROJECTS. HELPED WITH DEVELOPMENT OF VARIOUS PARKS AND RESTORATION AND RENEWAL OF PLAYGROUND EQUIPMENT. 59212 59212 IN 2023, MADISON PARKS FOUNDATION GRANTED 3,760 GOODMAN POOL ADMISSIONS SCHOLARSHIPS. 385636 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 WI X STEPHANIE FRANKLIN 6082179410 330 EAST LAKESIDE STREET MADISON WI 53715 STEPHANIE FRANKLIN EXECUTIVE DIRECTOR 40.00 X 84700 0 7810 TY BECK PRESIDENT 1.00 X X 0 0 0 KYLE ENGELKE VICE PRESIDENT 1.00 X X 0 0 0 JULIE BOGLE TREASURER 1.00 X X 0 0 0 MAUREEN LOKRANTZ PAST PRESIDENT 1.00 X X 0 0 0 JOE CLAUSIUS TRUSTEE 1.00 X 0 0 0 NEIL FAUERBACH TRUSTEE 1.00 X 0 0 0 ERIC FRITZ TRUSTEE 1.00 X 0 0 0 ALEC HILLBO TRUSTEE 1.00 X 0 0 0 KRISTIN KUPRES TRUSTEE 1.00 X 0 0 0 CATIE MCDONALD TRUSTEE 1.00 X 0 0 0 SAM LEMENSE TRUSTEE 1.00 X 0 0 0 CLAIRE OLEKSIAK TRUSTEE 1.00 X 0 0 0 PIERCE SULLIVAN TRUSTEE 1.00 X 0 0 0 BEN WILLIAMS TRUSTEE 1.00 X 0 0 0 84700 0 7810 0 0 0 0 0 56817 1088694 1145511 121048 121048 26125 56817 73878 -47753 -47753 1218806 0 0 73295 X 226650 226650 92510 55506 9251 27753 21693 13583 1319 6791 944 944 9238 5543 924 2771 16150 16150 63 63 86939 82533 3656 750 2519 99 2420 15175 6983 8192 5682 5682 3706 3706 1533 1533 PAYROLL EXPENSES 3036 1821 304 911 MISCELLANEOUS 2815 2815 488653 385636 53366 49651 9110 89 854003 871758 74658 63124 1305 4623 2785269 3774481 331379 4055724 4714075 693211 263438 693211 263438 X 1979130 2304013 1383383 2146624 3362513 4450637 4055724 4714075 730153 390945 -32974 0 X 0 1 X 1 0 X 412663 146412 1573401 921956 1145511 4199943 412663 146412 1573401 921956 1145511 4199943 1662758 2537185 34206 51136 65491 56928 121048 328809 74 5012 1385 6471 4535223 0.55940 0.59300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 292369 100 37534 22774 2433 304796 340820 -42641 3308 2502 292369 210891 100000 35250 3108 2213 340820 197794 17724 3018 1609 210891 172406 29879 2905 1586 197794 1.00000 1 0 0 X 1665592 390945 15000 73878 479823 1185769 32974 63 33037 1218806 577468 15000 73878 88878 488590 63 63 488653 PART V, LINE 4: BOTH ENDOWMENT FUNDS ARE TO BE USED TO ENABLE THE FOUNDATION TO CARRY OUT ITS CHARITABLE AND EXEMPT PURPOSES. ONE IS HELD AT MADISON COMMUNITY FOUNDATION AND THE OTHER WAS IMPOSED BY THE CITY OF MADISON. PART X, LINE 2: THE FOUNDATION HAS ADOPTED THE RECENT ACCOUNTING GUIDANCE FOR RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR THEIR INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO SUCH EXAMINATIONS FOR YEARS BEFORE 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS REVENUES - NETTED WITH EXPENSE 73,878. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING FEES - NETTED WITH EXPENSE 63. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING FEE - NETTED WITH REVENUE 73,878. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING FEES - NETTED WITH REVENUE 63. PICNIC IN THE PARK 82942 56817 26125 73878 0 82942 56817 26125 73878 73878 -47753 1 CITY OF MADISON 210 MARTIN LUTHER KING BLVD MADISON WI 53703 396005507 226650 0 PARK IMPROVEMENTS, POOL SCHOLARSHIPS, AND CELEBRATION GIFTS PART I, LINE 2: THE ORGANIZATION OBTAINS A PROJECT DESCRIPTION WHICH INCLUDES A COST ESTIMATE. THEY ARE IN REGULAR COMMUNICATION WITH THE PARKS DIVISION AND THE PARK SUPERINTENDENT REGULARLY ATTENDS BOARD MEETINGS. THEY ARE ABLE TO SEE THE USE OF THE FUNDS BY SEEING THE IMPROVEMENT PROJECTS FINISHED. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEE MEETINGS ARE INFREQUENT, AND MINUTES ARE NOT MAINTAINED. FORM 990, PART VI, SECTION B, LINE 11B 990 PRESENTED TO THE BOARD IN DRAFT FORM AND APPROVED PRIOR TO SIGNING AND FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR WAGES APPROVED BY BOARD ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,656. FUNDRAISING EXPENSES 750. TOTAL EXPENSES 4,406. DISBURSEMENTS FOR PARK PROJECT FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 82,533. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,533. CITY OF MADISON 210 MARTIN LUTHER KING BLVD MADISON WI 53703 366005507 PROVIDE SERVICES TO CITIZENS WI N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 CITY OF MADISON B 226650 PARK PROJECTS, POOL FEES, GIFTS