Mission
TO PROMOTE AND ENHANCE THE LOCAL ECONOMY BY OFFERING ASSISTANCE TO NEW BUSINESSES.
Public Charity
VENTURE OUT BUSINESS CENTER FOUNDATION INC
Based in MADISON, IN, VENTURE OUT BUSINESS CENTER FOUNDATION INC operates as a Public Charity. The organization reported $302K in revenue, $1.3M in expenses for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $15K.
EIN: 311213590
MADISON, IN
Latest filing: 2024
Total Revenue$302K
Total Expenses$1.3M
Grant Records1
Funding Total$15K
Filing Years2020–2024
Where $100 goes at Venture Out Business Center Foundation Inc
How Venture Out Business Center Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 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
$98
The organization provides space and assistance to new businesses
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
$15,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
VICE PRESIDENT
Andy Lytle
DIRECTOR
Charlie Rohlfing
DIRECTOR
Courtney Gullion Althoff
PRESIDENT
Devon Sharpe
DIRECTOR
Drew Garrett
DIRECTOR
Nancy Sobeck
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $302K | $1.3M | — |
| 2023 | $196K | $240K | $1.0M |
| 2022 | $168K | $259K | $1.1M |
| 2021 | $185K | $245K | $1.2M |
| 2020 | $186K | $218K | $1.2M |
Between 2020 and 2024, reported annual revenue grew from $186K to $302K (+62%).
Interactive year-over-year charts and full filing details available with membership.