Skip to content
Nonprofiteer
← All organizations

VENTURE OUT BUSINESS CENTER FOUNDATION INC

EIN 31-1213590 MADISON, IN

Revenue 2024
$302,185
Expenses 2024
$1,336,039

Program services were 98.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Street
975 INDUSTRIAL DRIVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO PROMOTE AND ENHANCE THE LOCAL ECONOMY BY OFFERING ASSISTANCE TO NEW BUSINESSES.

  • THE ORGANIZATION PROVIDES SPACE AND ASSISTANCE TO NEW BUSINESSES.

    Expenses $1,320,042

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • COURTNEY GULLION ALTHOFF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHARLIE ROHLFING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • NANCY SOBECK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DREW GARRETT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBIN CULL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DEVON SHARPE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • ANDY LYTLE

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • TAMMY BOLDERY

    TREASURER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $302,185
    Expenses
    $1,336,039
    Contributions
    $0
    Grants paid
    $1,087,651
  • 2023
    Revenue
    $196,299
    Expenses
    $239,917
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $168,111
    Expenses
    $259,099
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $185,086
    Expenses
    $245,176
    Assets (EOY)
    $1,176,148
  • 2020 · 990

    Revenue
    $186,090
    Expenses
    $218,236
    Assets (EOY)
    $1,249,962

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.