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Nonprofit · EIN 80-0932972

FSC OF MADISON INC

Also known as FIGURE SKATING CLUB OF MADISON

Tax-exempt (reinstated) · MADISON, WI 53719

Financials

$204K$237K2022$182K$208K2023$315K$304K2024
Revenue Expenses · by fiscal year end
Financials of FSC OF MADISON INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$315,367$303,906$11,461$161,595$41,425$120,170
June 30, 2024990$181,593$208,331-$26,738$111,180$2,471$108,709
June 30, 2023990$204,323$237,438-$33,115$135,447$0$135,447
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$200
Program service revenue
$311,148
Investment income
$2,162
Net income from gaming
$732
Net income from sales of inventory
-$2,376
Other revenue
$1,857

Expenses

Grants and similar amounts paid
$5,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,211
Program services (functional)
$299,582
Management and general (functional)
$4,324

Balance sheet and other

Total assets, start of year
$111,180
Total assets, end of year
$161,595
Total liabilities, end of year
$41,425
Net assets, end of year
$120,170
Gross receipts
$319,702
Employees
0
Volunteers
209
Year formed
1963
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
AMY SCHELLPFEFFERPRESIDENT
Trustee or director, Officer
10$0
JESSICA HERMSENVICE PRESIDENT
Trustee or director, Officer
5$0
HEATHER DUNCANVICE PRESIDENT
Trustee or director, Officer
5$0
LAURA FRANZEN-ELMERTREASURER
Trustee or director, Officer
10$0
KATRINA LADOPOULOSSECRETARY
Trustee or director, Officer
5$0
SARA WITHROWDIRECTOR
Trustee or director
1$0
KELLY OLSONDIRECTOR
Trustee or director
1$0
TRICIA OFFERDAHLDIRECTOR
Trustee or director
1$0
REBECCA LYONSDIRECTOR
Trustee or director
1$0
JENNIFER FRISQUEDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
AMY SCHELLPFEFFERPRESIDENT
Trustee or director, Officer
10$0
JESSICA HERMSENVICE PRESIDENT
Trustee or director, Officer
5$0
HEATHER DUNCANVICE PRESIDENT
Trustee or director, Officer
5$0
LAURA FRANZEN-ELMERTREASURER
Trustee or director, Officer
10$0
KATRINA LADOPOULOSSECRETARY
Trustee or director, Officer
5$0
SARA WITHROWDIRECTOR
Trustee or director
1$0
KELLY OLSONDIRECTOR
Trustee or director
1$0
TRICIA OFFERDAHLDIRECTOR
Trustee or director
1$0
REBECCA LYONSDIRECTOR
Trustee or director
1$0
JENNIFER FRISQUEDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
AMY SCHELLPFEFFERPRESIDENT
Trustee or director, Officer
10$0
JESSICA HERMSENVICE PRESIDENT
Trustee or director, Officer
5$0
HEATHER DUNCANVICE PRESIDENT
Trustee or director, Officer
5$0
LAURA FRANZEN-ELMERTREASURER
Trustee or director, Officer
10$0
KATRINA LADOPOULOSSECRETARY
Trustee or director, Officer
5$0
SUSANNAH GUSTAFSONDIRECTOR
Trustee or director
1$0
SARA WITHROWDIRECTOR
Trustee or director
1$0
MELISSA WALDENDIRECTOR
Trustee or director
1$0
KELLY OLSONDIRECTOR
Trustee or director
1$0
TRICIA OFFERDAHLDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1121 VELVET LEAF DR, MADISON, WI 53719-4509
Principal officer (990 for 2024)
LAURA FRANZEN-ELMER, 1121 VELVET LEAF DRIVE, MADISON, WI 53719
Signed the 990
LAURA FRANZEN-ELMER, TREASURER
Phone
(608) 514-3125
Return prepared by
CLIFTONLARSONALLEN LLP

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

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $140,753 · revenue $125,434
  • ANNUAL FIGURE SKATING COMPETITIONS HOSTED BY OUR CLUB FOR SKATERS FROM OTHER CLUBS AS WELL AS OUR OWN.
    Expenses $90,542 · revenue $108,016
  • ANNUAL RECITAL FOR MEMBERS AND NON MEMBERS WHO ARE PART OF THE MADISON ICE, INC. LEARN TO SKATE GROUP
    Expenses $27,928 · revenue $34,842
  • USFS 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
    Expenses $14,429 · revenue $21,626
  • FOR THE BENEFIT OF YOUTH, TO FOSTER NATIONAL AND INTERNATIONAL COMPETITION AND TO PROMOTE THE GENERAL HEALTH OF THE COMMUNITY
    Expenses $25,930 · grants $5,000 · revenue $22,355

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
80-0932972
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$161,595
Income (IRS master file)
$319,702

Revocation and reinstatement

Exemption revoked
November 15, 2010
Posted by the IRS
December 9, 2013
Reinstated
Effective November 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$315,367$303,906$161,595XML
990June 2024$181,593$208,331$111,180XML
990June 2023$204,323$237,438$135,447XML
990June 2022$217,829$201,593$168,562IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 80-0932972).

Questions about FSC OF MADISON INC

What is the EIN of FSC OF MADISON INC?
The employer identification number (EIN) of FSC OF MADISON INC is 80-0932972.
Is FSC OF MADISON INC tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
Are donations to FSC OF MADISON INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FSC OF MADISON INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FSC OF MADISON INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FSC OF MADISON INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FSC OF MADISON INC?
The 990 for the year ended June 30, 2025 names LAURA FRANZEN-ELMER.
Who are the officers and directors of FSC OF MADISON INC?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does FSC OF MADISON INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $315,367, expenses of $303,906 and total assets of $161,595 at year end.

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