Wisconsin Academy Of Sciences Arts & Letters is located in Madison, WI. The organization was established in 1945. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Wisconsin Academy Of Sciences Arts & Letters employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Academy Of Sciences Arts & Letters is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Wisconsin Academy Of Sciences Arts & Letters generated $961.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $968.4k during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A BETTER WORLD BY CONNECTING WISCONSIN PEOPLE AND IDEAS.
Describe the Organization's Program Activity:
WISCONSIN INITIATIVES-PROVIDES CONFERENCES, BLOGS, VIDEOS, AND OTHER RESOURCES TO BRING WISCONSIN CITIZENS TOGETHER WITH A DIVERSE ARRAY OF EXPERTS AND STAKEHOLDERS TO FIND SOLUTIONS TO STATEWIDE PROBLEMS, SUCH AS CLIMATE, ENERGY, AND WATER.
WISCONSIN READ AND WRITES-PROVIDES A QUARTERLY MAGAZINE ENTITLED WISCONSIN PEOPLE AND IDEAS THAT HIGHLIGHTS CURRENT AND HISTORIC ACHIEVEMENTS IN THE SCIENCES, ARTS AND LETTERS.
WISCONSIN ARTS-PROVIDES VARIOUS EXHIBITS AND CURATED SHOWS AT THE JAMES WATROUS GALLERY LOCATED IN THE OVERTURE CENTER THAT SHOWCASES CONTEMPORARY ART FROM WISCONSIN ARTISTS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Richard Donkle Treasurer | OfficerTrustee | 1 | $0 | 
| Roberta Filicky-Peneski President Elect | OfficerTrustee | 1 | $0 | 
| Thomas Still Secretary | OfficerTrustee | 1 | $0 | 
| Tom Luljak Immediate-Past President | OfficerTrustee | 1 | $0 | 
| Frank Byrne Councilor | Trustee | 1 | $0 | 
| Steve Ackerman Councilor | Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $302,568 | 
| Government grants | $21,500 | 
| All other contributions, gifts, grants, and similar amounts not included above | $368,051 | 
| Noncash contributions included in lines 1a–1f | $286 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $692,119 | 
| Total Program Service Revenue | $258,726 | 
| Investment income | $5,369 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $1,110 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | -$832 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $961,124 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $0 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $127,783 | 
| Compensation of current officers, directors, key employees. | $37,017 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $378,023 | 
| Pension plan accruals and contributions | $2,768 | 
| Other employee benefits | $37,440 | 
| Payroll taxes | $38,141 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $38,660 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $837 | 
| Fees for services: Other | $82,774 | 
| Advertising and promotion | $4,437 | 
| Office expenses | $69,802 | 
| Information technology | $13,122 | 
| Royalties | $0 | 
| Occupancy | $74,035 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $82,748 | 
| Interest | $176 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $1,605 | 
| Insurance | $11,646 | 
| All other expenses | $3,244 | 
| Total functional expenses | $968,410 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,167 | 
| Savings and temporary cash investments | $345,702 | 
| Pledges and grants receivable | $15,764 | 
| Accounts receivable, net | $0 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $7,854 | 
| Net Land, buildings, and equipment | $27,760 | 
| Investments—publicly traded securities | $255,071 | 
| Investments—other securities | $4,921 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $718,239 | 
| Accounts payable and accrued expenses | $102,005 | 
| Grants payable | $0 | 
| Deferred revenue | $17,928 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $2,546 | 
| Total liabilities | $122,479 | 
| Net assets without donor restrictions | $262,364 | 
| Net assets with donor restrictions | $333,396 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $0 | 
| Total liabilities and net assets/fund balances | $718,239 |