Nonprofit · EIN 87-2329092
INNOVATION CENTER STOUGHTON INC
Tax-exempt · STOUGHTON, WI 53589
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $98,858 | $154,522 | -$55,664 | $80,497 | $0 | $80,497 |
| December 31, 2024 | 990-EZ | $54,939 | $186,763 | -$131,824 | $136,161 | $0 | $136,161 |
| December 31, 2023 | 990-EZ | $10,467 | $123,310 | -$112,843 | $267,985 | $0 | $267,985 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $78,344
- Membership dues
- $10,315
- Program service revenue
- $9,501
- Investment income
- $598
- Net gain from sales of assets
- $100
Expenses
- Compensation of officers, directors and key employees
- $17,550
- Salaries, compensation and benefits (total)
- $63,469
- Professional fees and payments to contractors
- $24,254
- Occupancy
- $36,724
- Printing, publications and postage
- $328
- Other expenses
- $29,747
- Program services (functional)
- $7,920
Balance sheet and other
- Total assets, start of year
- $136,161
- Total assets, end of year
- $80,497
- Total liabilities, end of year
- $0
- Net assets, end of year
- $80,497
- Cash, savings and investments
- $33,929
- Gross receipts
- $105,758
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ruth Phillips | Executive Director | 40 | $17,550 |
| Mike Connor | Board President | 1 | $0 |
| Cary Bremigan | Vice President | 1 | $0 |
| Tim Swadley | Treasurer | 1 | $0 |
| Tim Rusch | Secretary | 1 | $0 |
| Sarah Ebert | Director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katrina Becker | Executive Director | 40 | $60,597 |
| Mike Connor | Board President | 1 | $0 |
| Cary Bremigan | Vice President | 1 | $0 |
| Tim Swadley | Treasurer | 1 | $0 |
| Tim Rusch | Secretary | 1 | $0 |
| Sarah Ebert | Director | 1 | $0 |
| Dan Keyser | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katrina Becker | Executive Director | 40 | $57,310 |
| Mike Connor | Board President | 1 | $0 |
| Cary Bremigan | Vice President | 1 | $0 |
| Tim Swadley | Treasurer | 1 | $0 |
| Tim Rusch | Secretary | 1 | $0 |
| Carl Chenoweth | Director | 1 | $0 |
| Sarah Ebert | Director | 1 | $0 |
| Dan Keyser | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 421 E MAIN ST, STOUGHTON, WI 53589-1726
- In care of
- % MIKE CONNOR
- Mailing address (990-N for 2021)
- PO BOX 771, Stoughton WI 53589
- Principal officer (990-N for 2021)
- Michael Connor, 401 Homme Ct, Stoughton WI 53589
- Signed the 990-EZ
- MIKE CONNOR, PRESIDENT
- Phone
- (608) 218-4292
- Return prepared by
- LEIKNESS CPA LLC
Mission
FOSTERING INNOVATION & CREATIVE LEARNING
Program accomplishments
- Hosted the Stoughton Childrens Business Fair. Event promoted 50 local youth businesses and helped young entrepreneurs build sales & technical skills.Expenses $4,463 · grants $3,905
- Hosted 56 workshops & several learning event/tours with over 400 attendees. Topics include CAD, 3D printing, laser-engraving, creativity, innovation/entrepreneurship.Expenses $3,457
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-2329092
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $80,497
- Income (IRS master file)
- $105,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $98,858 | $154,522 | $80,497 | XML |
| 990-EZ | December 2024 | $54,939 | $186,763 | $136,161 | XML |
| 990-EZ | December 2023 | $10,467 | $123,310 | $267,985 | XML |
| 990 | December 2022 | $129,283 | $1,777 | $380,828 | IRS |
| 990-N for 2021 Officer: Michael Connor | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-2329092).
Questions about INNOVATION CENTER STOUGHTON INC
- What is the EIN of INNOVATION CENTER STOUGHTON INC?
- The employer identification number (EIN) of INNOVATION CENTER STOUGHTON INC is 87-2329092.
- Is INNOVATION CENTER STOUGHTON INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to INNOVATION CENTER STOUGHTON INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INNOVATION CENTER STOUGHTON 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 INNOVATION CENTER STOUGHTON INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INNOVATION CENTER STOUGHTON INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of INNOVATION CENTER STOUGHTON INC?
- The 990-N for 2021 names Michael Connor.
- Who are the officers and directors of INNOVATION CENTER STOUGHTON INC?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $17,550 (Ruth Phillips, Executive Director).
- How much revenue does INNOVATION CENTER STOUGHTON INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $98,858, expenses of $154,522 and total assets of $80,497 at year end.
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