Wisconsin Technology Council Inc

Organization Overview

Wisconsin Technology Council Inc is located in Madison, WI. The organization was established in 2001. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Wisconsin Technology Council Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Technology Council Inc 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 06/2024, Wisconsin Technology Council Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.1m during the year ending 06/2024. While expenses have increased by 1.1% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPMENT AND RETENTION OF SCIENCE AND TECH-BASED BUSINESSES IN WISCONSIN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE STATE OF WISCONSIN INITIATIVE TO FAST TRACK ENTREPRENEURS, OR SWIFT, CONNECTS ENTREPRENEURS OF ALL TYPES NOT JUST TECH-BASED WITH RESOURCES, ADVICE AND NETWORKING THROUGH THE TECH COUNCIL AND OTHERS TO HELP THEM SUCCEED. FIVE EVENTS WERE HELD IN THIS FISCAL YEAR AT LOCATIONS WITH LESS POPULATION DENSITY THAN THE TECH COUNCIL'S LARGER EVENTS.


WISCONSIN EARLY STAGE SYMPOSIUM - OPEN TO TECHNOLOGY COMPANIES SEEKING ALL TYPES OF CAPITAL, THE TECH COUNCIL'S ANNUAL INVESTMENT ORIENTED CONFERENCE IS HELD IN NOVEMBER FOR 350 TO 400 ATTENDEES.


WISCONSIN ENTREPRENEURS' CONFERENCE THIS ANNUAL CONFERENCE IN JUNE ATTRACTS ABOUT 300 PEOPLE AND FOCUSES IN STIMULATING MORE ENTREPRENEURIAL ACTIVITY, ESPECIALLY WITH YOUNG, PRE-REVENUE, OFTEN PRE-INVESTMENT COMPANIES. IT IS WHERE THE WISCONSIN GOVERNOR'S BUSINESS PLAN CONTEST AND THE WISCONSIN YES CONTEST CULMINATED DURING THE TAX YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Aaron Olver
Director
$0
Amit Acharya
Director
$0
Arjun Sanga
Director
$0
Bill Hickey
Director
$0
Bob Hougard
Director
$0
Brad Schwartz
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$143,876
Fundraising events$2,670
Related organizations$0
Government grants $498,708
All other contributions, gifts, grants, and similar amounts not included above$3,600
Noncash contributions included in lines 1a–1f $3,600
Total Revenue from Contributions, Gifts, Grants & Similar$648,854
Total Program Service Revenue$357,195
Investment income $3,426
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $2,628
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,012,103

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