HISTORIC MADISON INC

EIN: 351339655 501(c)(3) Arts, Culture & Humanities

MADISON, IN

Total Revenue
$419,926
Total Expenses
$76,172
Total Assets
$1,421,694
Net Assets
$1,420,694
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
IN
Principal Officer
JOHN STAICER
Phone
8122652967
Tax Period
2024-01-01 to 2024-12-31

HISTORIC MADISON INC, founded in 1961, is a small nonprofit in the Arts, Culture & Humanities sector that reported $420K in total revenue in fiscal year 2024. Revenue surged 188% from the prior year, signaling strong growth momentum. The organization ran a surplus of $344K, a strong 82% operating margin.

Mission

TO PRESERVE HISTORIC BUILDINGS AND EDUCATE THE PUBLIC ABOUT HISTORIC ARCHITECTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $307,360
Program Service Revenue $2,804
Investment Income $85,847
Other Revenue $23,915
TOTAL REVENUE $419,926

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $0
Fundraising Expenses $1,816
Program Expenses $36,809
Other Expenses $75,172
TOTAL EXPENSES $76,172

Year-over-Year Comparison

2024 2023 Change
Revenue $419,926 $145,784 +1.9%
Expenses $76,172 $61,350 +0.2%
Net Income $343,754 $84,434 +3.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
N/A
Volunteers
100

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$79,251
Total Directors
15
$79,251
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN STAICER PRESIDENT/ E N/A
Officer Director
$0 $5,524 $79,251
MERRITT ALCORN CHAIR EMERIT N/A
Officer Director
$0 $0 $0
JESSICA BUTLER DIRECTOR N/A
Director
$0 $0 $0
LISA CUTSHALL VICE-PRESIDE N/A
Officer Director
$0 $0 $0
DR THOMAS ECKERT DIRECTOR N/A
Director
$0 $0 $0
JOHN GALVIN PRESIDENT EM N/A
Officer Director
$0 $0 $0
MARIA GROTE DIRECTOR N/A
Director
$0 $0 $0
HEIDI KENDALL-SAGE DIRECTOR N/A
Director
$0 $0 $0
KELLY LAMBERT DIRECTOR N/A
Director
$0 $0 $0
JOHN MUESSEL TREASURER N/A
Officer Director
$0 $0 $0
CHUCK REQUET DIRECTOR N/A
Director
$0 $0 $0
AUSTIN SIMS DIRECTOR N/A
Director
$0 $0 $0
TONY STEINHARDT DIRECTOR N/A
Director
$0 $0 $0
KEVIN YANCEY CHAIR N/A
Officer Director
$0 $0 $0
GREG ZIESMER DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $419,926 $76,172 $1,421,694 $343,754
2023 $145,784 $61,350 $1,158,247 $84,434
2022 $203,087 $116,975 $1,099,988 $86,112
2021 $107,824 $66,327 $1,002,352 $41,497
2020 $96,250 $58,175 $944,211 $38,075
2019 $87,514 $80,412 $868,982 $7,102
2018 $118,884 $96,556 $911,398 $22,328
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