Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $8,171,459

• 1e · Government grants (contributions)

  $2,456,952

• 1f · All other contributions, gifts and grants

  $16,812,934

• 1g · Noncash contributions included above

  $1,642,689

• 2a · Program service revenue: Production & Engineering

  total $33,300 · related or exempt $33,300

• 3 · Investment income

  total $537,826 · excluded $537,826

• 5 · Royalties

  total $3,447 · excluded $3,447

• 6a · Gross rents

  real property $994,198 · personal property $265,402

• 6b · Less rental expenses

  real property $23,878 · personal property $193,367

• 6c · Rental income or loss

  real property $970,320 · personal property $72,035

• 6d · Net rental income or loss

  total $1,042,355 · unrelated business $72,035 · excluded $970,320

• 7a · Gross sales of assets other than inventory

  securities $53,064

• 7b · Less cost or other basis and sales expenses

  securities $0

• 7c · Gain or loss

  securities $53,064

• 7d · Net gain or loss

  total $53,064 · excluded $53,064

• 8a · Fundraising events: gross income

  $79,704

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $79,704 · excluded $79,704

• 11a · Other revenue: UW Web, Radio & TV Revenue

  total $277,545 · unrelated business $277,545

• 11b · Other revenue: Program/Advertising

  total $33,278 · unrelated business $33,278

• 11e · Other revenue, total

  $310,823

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $596,201 · management and general $439,398 · fundraising $156,803

• 7 · Other salaries and wages

  total $7,863,326 · program services $5,183,692 · management and general $582,520 · fundraising $2,097,114

• 8 · Pension plan contributions

  total $440,720 · program services $292,289 · management and general $31,943 · fundraising $116,488

• 9 · Other employee benefits

  total $1,747,545 · program services $1,163,151 · management and general $167,461 · fundraising $416,933

• 10 · Payroll taxes

  total $471,322 · program services $291,220 · management and general $53,512 · fundraising $126,590

• 11a · Fees: management

  total $159,132 · program services $31,015 · management and general $34,625 · fundraising $93,492

• 11b · Fees: legal

  total $120,510 · management and general $120,510

• 11c · Fees: accounting

  total $53,983 · management and general $53,983

• 11e · Fees: professional fundraising services

  total $112,618 · fundraising $112,618

• 11f · Fees: investment management

  total $52,488 · management and general $52,488

• 11g · Fees: other

  total $935,770 · program services $886,435 · management and general $49,335

• 12 · Advertising and promotion

  total $71,050 · program services $31,475 · management and general $9,392 · fundraising $30,183

• 13 · Office expenses

  total $1,522,979 · program services $380,298 · management and general $222,774 · fundraising $919,907

• 14 · Information technology

  total $78,048 · program services $78,048

• 16 · Occupancy

  total $991,007 · program services $539,008 · management and general $264,895 · fundraising $187,104

• 17 · Travel

  total $247,470 · program services $134,323 · management and general $47,043 · fundraising $66,104

• 19 · Conferences, conventions and meetings

  total $18,591 · program services $15,155 · management and general $2,537 · fundraising $899

• 22 · Depreciation, depletion and amortization

  total $2,476,785 · program services $1,981,667 · management and general $118,611 · fundraising $376,507

• 23 · Insurance

  total $262,312 · program services $172,159 · management and general $21,598 · fundraising $68,555

• 24a · Other expenses: Programming

  total $2,462,738 · program services $2,462,738

• 24b · Other expenses: Electricity - Towers

  total $836,760 · program services $746,121 · management and general $46,867 · fundraising $43,772

• 24c · Other expenses: Miscellaneous Expenses

  total $265,643 · program services $2,760 · management and general $166,820 · fundraising $96,063

• 24d · Other expenses: UBI Taxes

  total $195,989 · management and general $195,989

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,100 · end of year $1,100

• 2 · Savings and temporary cash investments

  beginning of year $26,863,255 · end of year $11,938,947

• 3 · Pledges and grants receivable

  beginning of year $2,061,740 · end of year $4,421,922

• 4 · Accounts receivable

  beginning of year $1,653,806 · end of year $1,308,384

• 9 · Prepaid expenses and deferred charges

  beginning of year $71,637 · end of year $210,425

• 10a · Land, buildings and equipment: cost or other basis

  $52,351,096

• 10b · Land, buildings and equipment: accumulated depreciation

  $17,706,366

• 10c · Land, buildings and equipment, net

  beginning of year $14,935,284 · end of year $34,644,730

• 11 · Investments: publicly traded securities

  beginning of year $11,168,836 · end of year $12,985,551

• 14 · Intangible assets

  beginning of year $1,101,636 · end of year $1,740,090

• 15 · Other assets

  beginning of year $63,042 · end of year $63,048

• 17 · Accounts payable and accrued expenses

  beginning of year $1,224,106 · end of year $1,624,438

• 25 · Other liabilities

  beginning of year $1,145,198 · end of year $1,791,890

• 27 · Net assets without donor restrictions

  beginning of year $34,763,344 · end of year $48,526,667

• 28 · Net assets with donor restrictions

  beginning of year $20,787,688 · end of year $15,371,202

The filer's explanations (Part III)

Part I, Line 7

The CEO is contractually eligible for an annual bonus based on performance review by the Executive Committee of the Board of Trustees. Lou Demers received a bonus based on performance.