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Filing year 2024

DESTINATION MADISON FOUNDATION INC

Madison, Wisconsin·EIN 20-1127385·NTEE S31 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$85k
Total assets
$232k
Total expenses
$240k
Reported officers
12
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,

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Wisconsin.

President/ceo
10th to 25th percentile
$32k
$34k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DESTINATION MADISON FOUNDATION INC equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
13%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Fell 85%
over 3 years

From $218k in 2021 to $32k in 2024.

$218k
2021
$29k
2023
$32k
2024
In today's dollarsEst.
Down 87% in real terms$270k to $34k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 85% from 2021 to 2024, while revenue rose 86%.

$218k in 2021 to $32k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about DESTINATION MADISON FOUNDATION INC

What does the Chief Executive Officer of DESTINATION MADISON FOUNDATION INC earn?

In 2024, the Chief Executive Officer of DESTINATION MADISON FOUNDATION INC received $31,757 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Wisconsin, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DESTINATION MADISON FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Wisconsin, the 2024 pay of the Chief Executive Officer at DESTINATION MADISON FOUNDATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at DESTINATION MADISON FOUNDATION INC equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are DESTINATION MADISON FOUNDATION INC's revenue and expenses?

In 2024, DESTINATION MADISON FOUNDATION INC reported $85k in total revenue and $240k in total expenses on its IRS Form 990.

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