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Nonprofiteer
← INNOVATION CENTER STOUGHTON INC

Form 990-EZ for tax year 2023

Filed by INNOVATION CENTER STOUGHTON INC.

Totals

Total revenue
$10,467
Total expenses
$123,310
Contributions and grants received
$2,870
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
$7,597
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$267,985
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$267,985
Program service expenses (Part III)
$48,766

Program services were 39.5% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2023

Primary exempt purpose

FOSTERING INNOVATION & CREATIVE LEARNING

  • University Alliance - participation in 3-year UniverCity Year program. Partnered with UW Madison students on projects that furthered community engagement and redevelopment.

    Expenses $30,000

  • Hosted the Stoughton Childrens Business Fair. Event promoted 40 local youth businesses and helped young entrepreneurs build sales & technical skills.

    Expenses $9,383 · Grants $600

  • Hosted and facilitated educational workshops and events featuring local innovative businesses, computer-aided design, 3D printing, laser-engraving & entrepreneurship.

    Expenses $9,383

As filed on the 2023 return.

Listed in Part IV

  • Katrina Becker

    Executive Director

    Total calculated
    $57,310
    Compensation
    $57,310
    Benefit plans
    $0
    Expense account
    $0
    Hours/week
    40

  • Mike Connor

    Board President

    Total calculated
    $0
    Hours/week
    1

  • Cary Bremigan

    Vice President

    Total calculated
    $0
    Hours/week
    1

  • Tim Swadley

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Tim Rusch

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Carl Chenoweth

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sarah Ebert

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dan Keyser

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2023
Filed
12 July 2024
IRS schema version
2023v5.1
Source object
202421949349201127

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