Charity Search / MADISON SURGERY CENTER INC
Health Care (E32) 990 on File

MADISON SURGERY CENTER INC

EIN: 39-1940656 · MIDDLETON, WI 53562-5531 · United States · FY 2025 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 83/100
Reliability (20%) 55/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$38.6M
Total Revenue
$29.1M
Total Expenses
$15.4M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.6%
Fundraising Efficiency N/A
Operating Reserve 6.38x
Liability-to-Asset 30.3%
Revenue Diversification 100.0%
Executive Compensation $241K
Compared with Peers
FY 2025
Compared with 687 similar organizations (United States, Health Care, $10M–$100M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
90.6% 84.3%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
9.4% 14.8%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.4 mo 7.7 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
30.3% 27.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 85.5%
P10P90
Bottom quarter
Surplus margin
Surplus as a share of revenue
24.6% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $38.6M $29.1M $15.4M 90.6% 0
2023 $37.1M $26.5M $14.7M 90.1% 0
2022 $35.2M $25.4M $14.3M 90.1% 0
2021 $29.4M $22.1M N/A 0
2020 $26.0M $20.9M N/A 0
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Organization Details
EIN
39-1940656
State
WI
City
MIDDLETON
ZIP
53562-5531
Classification
E32
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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