Nonprofit · EIN 33-1047992
MADISON PARKS FOUNDATION INC
Tax-exempt · MADISON, WI 53715
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $525,544 | $898,628 | -$373,084 | $5,668,824 | $86,174 | $5,582,650 |
| December 31, 2024 | 990 | $1,305,500 | $618,879 | $686,621 | $5,611,257 | $149,660 | $5,461,597 |
| December 31, 2023 | 990 | $1,218,806 | $488,653 | $730,153 | $4,714,075 | $263,438 | $4,450,637 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $394,070
- Program service revenue
- $0
- Investment income
- $159,214
- Net income from fundraising events
- -$76,980
- Other revenue
- -$27,740
Expenses
- Grants and similar amounts paid
- $689,886
- Compensation of officers, directors and key employees
- $90,342
- Other salaries and wages
- $34,814
- Salaries, compensation and benefits (total)
- $145,208
- Professional fundraising fees
- $0
- Accounting fees
- $17,950
- Travel
- $8,567
- Program services (functional)
- $777,011
- Management and general (functional)
- $69,738
- Fundraising (functional)
- $51,879
Balance sheet and other
- Total assets, start of year
- $5,611,257
- Total assets, end of year
- $5,668,824
- Total liabilities, end of year
- $86,174
- Net assets, end of year
- $5,582,650
- Publicly traded securities
- $5,058,404
- Net assets without donor restrictions
- $3,474,075
- Net assets with donor restrictions
- $2,108,575
- Gross receipts
- $619,999
- Employees
- 2
- Volunteers
- 12
- Year formed
- 2003
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANIE FRANKLIN | EXECUTIVE DIRECTOR Officer | 40 | $80,290 | $10,052 |
| TY BECK | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KRISTIN KUPRES | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SAM LEMENSE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PIERCE SULLIVAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KYLE ENGELKE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NEIL FAUERBACH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEC HILLBO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHANDRA MILLER FIENEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RYAN MUELLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE OLEKSIAK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BEN WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TAMMY PARKS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KELSEY WEBB | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANIE FRANKLIN | EXECUTIVE DIRECTOR Officer | 40 | $84,700 | $8,743 |
| TY BECK | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KYLE ENGELKE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SAM LEMENSE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PIERCE SULLIVAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NEIL FAUERBACH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC FRITZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEC HILLBO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTIN KUPRES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHANDRA MILLER FIENEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE OLEKSIAK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BEN WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANIE FRANKLIN | EXECUTIVE DIRECTOR Officer | 40 | $84,700 | $7,810 |
| TY BECK | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KYLE ENGELKE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JULIE BOGLE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MAUREEN LOKRANTZ | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOE CLAUSIUS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NEIL FAUERBACH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC FRITZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEC HILLBO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTIN KUPRES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CATIE MCDONALD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAM LEMENSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE OLEKSIAK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PIERCE SULLIVAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BEN WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 330 E LAKESIDE ST, MADISON, WI 53715-2074
- In care of
- % STEPHANIE FRANKLIN
- Principal officer (990 for 2025)
- STEPHANIE FRANKLIN, 330 EAST LAKESIDE STREET, MADISON, WI 53715
- Signed the 990
- SAM LEMENSE, TREASURER
- Phone
- (608) 266-4339
- Return prepared by
- JOHNSON BLOCK & CO INC
Mission
AS THE NON-PROFIT PARTNER OF MADISON PARKS, WE HELP OUR COMMUNITY CONSERVE, PROMOTE, AND ENHANCE OUR PARKS.
Program accomplishments
- VARIOUS PARK PROJECTS. HELPED WITH DEVELOPMENT OF VARIOUS PARKS AND RESTORATION AND RENEWAL OF PLAYGROUND EQUIPMENT AND THE ADDITION OF A SPRAYGROUND AT RENNEBOHM PARK.Expenses $737,011 · grants $649,886 · revenue $49,240
- IN 2025, MADISON PARKS FOUNDATION GRANTED 5,698 GOODMAN POOL ADMISSIONS SCHOLARSHIPS.Expenses $40,000 · grants $40,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-1047992
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W24)
- Assets (IRS master file)
- $5,668,824
- Income (IRS master file)
- $619,999
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $525,544 | $898,628 | $5,668,824 | XML |
| 990 | December 2024 | $1,305,500 | $618,879 | $5,611,257 | IRS |
| 990 | December 2023 | $1,218,806 | $488,653 | $4,714,075 | XML |
| 990 | December 2022 | $921,608 | $812,970 | $4,055,724 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-1047992).
Questions about MADISON PARKS FOUNDATION INC
- What is the EIN of MADISON PARKS FOUNDATION INC?
- The employer identification number (EIN) of MADISON PARKS FOUNDATION INC is 33-1047992.
- Is MADISON PARKS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to MADISON PARKS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MADISON PARKS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MADISON PARKS FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MADISON PARKS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MADISON PARKS FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names STEPHANIE FRANKLIN.
- Who are the officers and directors of MADISON PARKS FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $80,290 (STEPHANIE FRANKLIN, EXECUTIVE DIRECTOR).
- How much revenue does MADISON PARKS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $525,544, expenses of $898,628 and total assets of $5,668,824 at year end.
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