Chances are that you or someone you know is impacted by a nonprofit each and every day.
We are born in nonprofit hospitals, we leave our children in nonprofit child care, we are educated at nonprofit schools and universities, we discover and preserve nature through nonprofit environmental organizations, we are inspired in nonprofit museums, symphonies and theaters, we worship in nonprofit churches, synagogues and mosques and we rely on nonprofits when tragedy strikes our communities.
The nonprofit sector is like air--it is all around us, but we hardly notice it. But if it went away, what would we do?
A thriving nonprofit sector means a better quality of life throughout the Madison Region and the state.
According to the National Council of Charitable Statistics, Wisconsin's residents are served through the efforts of over 33,000 registered nonprofit organizations as of September 2007. Of these 21,000 plus are charitable nonprofits including private foundations. However, less than 10,000 are required to file with a form 990 because they have budgets of over $25,000 annually. There were 6,708 reporting charitable nonprofits in Wisconsin meaning that they have assets of over $25,000. The 1,974 foundations in Wisconsin held over $6.6 billion in assets and gave $486 million in grants. It should also be noted that this figure doesn't include religious congregations that are not required to report to the IRS.