Public Charity

DESTINATION MADISON FOUNDATION INC

Based in MADISON, WI, DESTINATION MADISON FOUNDATION INC operates as a Public Charity. The organization reported $79K in revenue, $79K in expenses, $233K in total assets for fiscal year 2025. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $110K.

EIN: 201127385 MADISON, WI Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$79K
Total Expenses$79K
Total Assets$233K
Grant Records5
Funding Total$110K
Filing Years2021–2025

Mission

DESTINATION MADISON FOUNDATION, INC. IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO FURTHER THE WELL-BEING OF THE GREATER MADISON CONVENTION & VISITORS BUREAU, INC.IN CONNECTION WITH AND IN FURTHERANCE THEREOF, THE CORPORATION SHALL HAVE THE FOLLOWING PURPOSES:-TO PROVIDE INFORMATION TO THE RESIDENTS OF AND VISITORS TO THE GREATER MADISON/DANE COUNTY AREA REGARDING THE DIVERSE CULTURAL, EDUCATIONAL, SCIENTIFIC, CIVIC AND ATHLETIC BENEFITS OF LIVING AND WORKING IN THE GREATER MADISON/DANE COUNTY AREA.-TO PROVIDE RESOURCE SUPPORT FOR EVENTS HOSTED BY THE CITY OF MADISON AND/OR THE GMCVB THAT PROMOTE AND ENCOURAGE ECONOMIC DEVELOPMENT WITHIN THE GREATER MADISON/DANE COUNTY AREA.-TO CONDUCT RESEARCH AND DISSEMINATE DATA REGARDING ECONOMIC DEVELOPMENT WITHIN THE GREATER MADISON/DANE COUNTY AREA.-TO RECEIVE, OBTAIN, CONTROL, HOLD, ADMINISTER, INVEST AND REINVEST AND DISBURSE FUNDS AND PROPERTY OF ANY TYPE AS MAY BE RECEIVED BY THE CORPORATION, EITHER ABSOLUTELY OR IN TRUST.

Where $100 goes at Destination Madison Foundation Inc

How Destination Madison Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$70
Administer youth sport grant contribution receipts and provide grants to area charities supporting youth sports
72% of program spending
$28
Provide resource support for events hosted by the city of Madison and/or the greater Madison convention & visitors bureau, inc
28% of program spending
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Chris Vogel
TRUSTEE Daniel Hance
PRESIDENT/CEO Ellie Westman Chin
TRUSTEE Jason Ilstrup
TRUSTEE Jason Salus
SECRETARY/TREASURER Jim Bradley

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$74,840 2 grants
Youth Development
$35,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $79K $79K $233K
2024 $85K $240K $232K
2023 $186K $196K $394K
2022 $54K $148K $398K
2021 $46K $112K $500K

Between 2021 and 2025, reported annual revenue grew from $46K to $79K (+73%), with total assets most recently reported at $233K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DESTINATION MADISON FOUNDATION INC

Complete financials, all 5 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time