Startingblock Madison Inc.
Startingblock Madison Inc.
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About this organization
Mission
An entrepreneurial hub and ecosystem helping Madison's entrepreneurs succeed.
About
Startingblock Madison, Inc. (SBM) opened its entrepreneurial hub in June 2018. Prior to opening, Startingblock's educational programming took place in third-party locations. Once opening in June 2018, Startingblock's services have principally been provided at Startingblock (within the new Spark Building located at 821 E. Washington Avenue, Madison WI) and other Spark Building locations (such as Dreambank and Institute). Post-opening (June-December 2018), Startingblock housed 37 early stage companies that raised 15.3 M. In 2018, generated $12.2 in sales revenue in 2019, and employ 159 FTES/79 PTES. Of the initial 37 startups, 35% female founded/led and 14% founder of color or in leadership. Held, hosted, and supported 95 events and programs focused Startingblock's mission to cultivate entrepreneurs, grow successful companies and drive innovation, and build an entrepreneurial community that gives back and published a twice monthly community newsletter that promoted 439 events to 2,047 subscribers.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “Startingblock madison, inc. creates the meaningful intersections that cultivate entreprenuers, accelerate startup growth, drive innovation and build a startup community that gives back.”.
When referring to its responsibilities, they were outlined as: “An entrepreneurial hub and ecosystem helping madison's entrepreneurs succeed.”.
- The state in which the non-profit is legally registered to operate is WI, as per legal records.
- The filing documents the non-profit's address in 2020 as 821 E WASHINGTON AVENUE NO 200, MADISON, WI, 53703.
- According to the non-profit's form, they have 5 employees on their payroll as of 2020.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$201,200.
- The organization has 20 independent voting members.
- The organization was formed in 2013.
- The organization pays $177,644 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.