Monona Community Festival Committee Inc

Nonprofit profile at a glance

EIN
391615966
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-EZ 2024
Location
Monona, WI, USA
Phone
6088522171
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$261,486
Expenses
$173,607
Assets
$174,031
Liabilities
$1,993

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • BRIAN HENRY (PRESIDENT)
  • STEPHANIE BIESE PATTON (VICE-PRESIDENT & SECRETARY)

People named in this filing

  • BRIAN HENRY (PRESIDENT)
  • STEPHANIE BIESE PATTON (VICE-PRESIDENT & SECRETARY)
  • TIM DIMENNA (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

None.

What it reported doing in 2025

Monona community festival committee, inc. Purpose is to promote a strong sense of community in monona, Wisconsin by promoting and operating an annual community festival and by supporting community projects and high school scholarships.the monona community festival is one of the largest and longest running july 4th celebrations in southern Wisconsin. This two day event held in beautiful winnequah park includes a variety of events, music, food and fun for the whole family. Featuring the finest in regional musical entertainment, food, drink & fireworks. Many different activities highlight this event including the Wisconsin wife carry championship, food carts in the park featuring numerous madison area restaurants & food carts, a family-friendly carnival, magician, kids show, $5000 hole-in-one contest, and our famous art fair in the park. And no independence day festival is complete without fireworks and our gala show has been rated as one of the best in the state! Other than the operating budget, all the profits go back into the community in many ways. Over the years the monona festival committee has donated significant funds to various sources, including: monona volunteer fire departmentmonona policemonona farmers marketmonona public library building fundmonona dream park, winnequah park gazebo & monona parks dept donationsconstruction of the children's pool at the monona public poolannual scholarship to monona grove high school & donations to area high school booster clubsmonona senior centermcfarland police explorers

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 64
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.9%; rating input score 61
  • Program expense ratio: 90.8%; rating input score 91
  • Fundraising efficiency: $12.09 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 33.6%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 11.5% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 19.5% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 60.9% of revenue deployed · 90.8% of spending went to programs
  • Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $158K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.