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Indiana · Nonprofit

MADISON MAIN STREET PROGRAM

MADISON MAIN STREET PROGRAM (Indiana) receives grants from 4 organizations whose IRS filings report $136,933 to it, the largest being ARVIN SANGO FOUNDATION ($94,150). 2 of them have funded it in more than one year.

Revenue FY2024
$181k
Funders on record
4
Grants received
$137k
Net assets
$159k
2/4 repeat funderspeak grant-dependency 17%
01What it does

What Madison Main Street Program does

Mission

A resource for promoting downtown revitalization.

As stated on its FY2024 Form 990.

Programs

  1. Educational services/liason for downtown organizations to encourage merchants and citizens to participate in activities for cultural and economic development.

    $240,154 spent
    100% of program spending
  2. Educational services/liason for downtown organizations to encourage merchants and citizens to participate in activities for cultural and economic development.

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $240,154.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($129k) Expenses 100 ($78k) Net assets 100 ($137k)2018 Revenue 49 ($63k) Expenses 110 ($85k) Net assets 83 ($114k)2019 Revenue 70 ($90k) Expenses 97 ($75k) Net assets 93 ($127k)2020 Revenue 100 ($128k) Expenses 125 ($97k) Net assets 120 ($164k)2021 Revenue 189 ($244k) Expenses 157 ($122k) Net assets 205 ($280k)2022 Revenue 139 ($179k) Expenses 218 ($169k) Net assets 147 ($201k)2023 Revenue 140 ($180k) Expenses 215 ($167k) Net assets 160 ($218k)2024 Revenue 140 ($181k) Expenses 309 ($240k) Net assets 116 ($159k)
'17'18'19'20'21'22'23'24
Revenue (140)Expenses (309)Net assets (116)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $165k to $327k (+99%).

$138k
$114k
$127k
$165k
$327k
$202k
$220k
$161k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 22% · 2022 22% · 2023 31% · 2024 31%. Grants only. Government contracts and fees sit inside program revenue.

99% of MADISON MAIN STREET PROGRAM’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$51k
’17
−$23k
’18
$15k
’19
$31k
’20
$122k
’21
$10k
’22
$13k
’23
−$60k
’24
8.0
months of
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.

2021202220232024
Listed5555
Joined·+2+0+2
No longer listed·202
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $14k → $32k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% 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 MADISON MAIN STREET PROGRAM’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

MADISON MAIN STREET PROGRAM leans on a few funders — its largest provides 69% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MADISON MAIN STREET PROGRAM.

69%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2017 64% · 2020 55% · 2021 100% · 2022 100% · 2023 63% — 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

95% of MADISON MAIN STREET PROGRAM's grant income comes from Indiana funders.

IN
NC

In-state vs out-of-state, by year

’17
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $38k arriving through sponsors registered in 2 states 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.

04Its place in the field

Against its field

MADISON MAIN STREET PROGRAM is better cushioned than half of the 11,971 community improvement nonprofits its size.

Operating margin−33% · bottom quartile
Months of reserve8.0mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like MADISON MAIN STREET PROGRAM

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 Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

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 MADISON MAIN STREET PROGRAM: 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.

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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 MADISON MAIN STREET PROGRAM?
MADISON MAIN STREET PROGRAM (Indiana) receives grants from 4 organizations whose IRS filings report $136,933 to it, the largest being ARVIN SANGO FOUNDATION ($94,150). 2 of them have funded it in more than one year.
How many funders does MADISON MAIN STREET PROGRAM have?
IRS filings report 4 organizations giving $136,933 in grants to MADISON MAIN STREET PROGRAM, 2 of which have funded it in more than one year.
Who is the largest funder of MADISON MAIN STREET PROGRAM?
ARVIN SANGO FOUNDATION is the largest funder on record, with $94,150 in grants. The full list of funders is on this page.
How can an organization like MADISON MAIN STREET PROGRAM find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Madison Main Street Program →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 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