Wisconsin · Nonprofit
FSC OF MADISON INC
FSC OF MADISON INC (Wisconsin) receives grants from 2 organizations whose IRS filings report $9,490 to it, the largest being THE VIRGINIA B HIRSH FOUNDATION ($9,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $315k
- Funders on record
- 2
- Grants received
- $9k
- Net assets
- $120k
What Fsc of Madison Inc does
Mission
The principal purpose of the club is to foster education of figure skating on ice in all its forms, for the benefit of youth, to foster national and international competition and to promote the general health of the community
As stated on its FY2025 Form 990.
Programs
Purchase of ice facility time from madison ice, inc. For figure skaters (members and non members) and sale of that purchased ice to the user group. Madison ice, inc. Requires purchase monthly in lump sums. We purchase as a group and sell back individually so that skaters can afford the purchase of ice at single skater hourly rate.
$140,753 spent$125,434 earned by the program47% of program spendingAnnual figure skating competitions hosted by our club for skaters from other clubs as well as our own.
$90,542 spent$108,016 earned by the program30% of program spendingAnnual recital for members and non members who are part of the madison ice, inc. Learn to skate group
$27,928 spent$34,842 earned by the program9% of program spendingUsfs tests, both in person and virtual for the benefit of youth, to foster national and international competition and to promote the general health of the community
$14,429 spent$21,626 earned by the program5% of program spendingFor the benefit of youth, to foster national and international competition and to promote the general health of the community
$25,930 spentof which $5,000 as grants$22,355 earned by the program9% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $299,582.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $111k to $162k (+45%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
0% of FSC OF MADISON INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2019 → 2023: the base held at 1 funder, grant income fell $5k → $92.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FSC OF MADISON INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FSC OF MADISON INC leans on a few funders — its largest provides 95% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2019 100% · 2020 93% · 2021 100% · 2022 95% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
FSC OF MADISON INC draws 100% of its grant income from funders outside Wisconsin, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $490 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FSC OF MADISON INC is better cushioned than half of the 10,453 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 10,453 recreation & sports nonprofits $100k–$1M, FY2025
Organizations like FSC OF MADISON INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for FSC OF MADISON INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FSC OF MADISON INC?
- FSC OF MADISON INC (Wisconsin) receives grants from 2 organizations whose IRS filings report $9,490 to it, the largest being THE VIRGINIA B HIRSH FOUNDATION ($9,000). 2 of them have funded it in more than one year.
- How many funders does FSC OF MADISON INC have?
- IRS filings report 2 organizations giving $9,490 in grants to FSC OF MADISON INC, 2 of which have funded it in more than one year.
- Who is the largest funder of FSC OF MADISON INC?
- THE VIRGINIA B HIRSH FOUNDATION is the largest funder on record, with $9,000 in grants. The full list of funders is on this page.
- How can an organization like FSC OF MADISON INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing