Form 990 for tax year 2022
Filed by WISCONSIN ACADEMY FOUNDATION INC.
Totals
- Total revenue
- $220,302
- Total expenses
- $334,820
- Contributions and grants received
- $5,000
- Grants paid
- $302,568
- Program service revenue
- $0
- Investment income
- $215,302
- Other revenue
- $0
- Total assets, end of year
- $5,897,876
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,897,876
- Program services expenses (Part IX)
- $302,568
- Management and general expenses
- $32,252
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $302,568
Program services were 90.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,000
-
3 · Investment income
total $132,895 · excluded $132,895
-
7a · Gross sales of assets other than inventory
securities $302,569
-
7b · Less cost or other basis and sales expenses
securities $220,162
-
7c · Gain or loss
securities $82,407
-
7d · Net gain or loss
total $82,407 · excluded $82,407
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $302,568 · program services $302,568
-
11c · Fees: accounting
total $2,400 · management and general $2,400
-
11f · Fees: investment management
total $29,798 · management and general $29,798
-
24e · All other expenses
total $54 · management and general $54
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $45,730 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $5,651,143 · end of year $5,891,515
-
12 · Investments: other securities
end of year $3,815
-
15 · Other assets
beginning of year $0 · end of year $2,546
-
27 · Net assets without donor restrictions
beginning of year $3,719,089 · end of year $3,851,368
-
28 · Net assets with donor restrictions
beginning of year $1,977,784 · end of year $2,046,508
Mission and programs · 2022
Mission
NONE.
Activities or mission (Part I)
SUPPORTING ORGANIZATION OF WISCONSIN ACADEMY OF SCIENCES, ARTS AND LETTERS.
-
THE WISCONSIN ACADEMY FOUNDATION IS THE DEVELOPMENT ARM OF THE WISCONSIN ACADEMY OF SCIENCES, ARTS AND LETTERS. THE FOUNDATION, IN COOPERATION WITH THE ACADEMY, SOLICITS, RECEIVES, ADMINSTERS, AND INVESTS CONTRIBUTIONS OR GIFTS FOR THE SOLE BENEFIT OF THE WISCONSIN ACADEMY OF SCIENCES, ARTS, AND LETTERS.
Expenses $302,568 · Grants $302,568
As filed on the 2022 return.
Listed in Part VII
-
Richard DonkleRICHARD DONKLE
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Arjun SangaARJUN SANGA
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kristen CarreiraKRISTEN CARREIRA
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Andy RichardsANDY RICHARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark BradleyMARK BRADLEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jack KussmaulJACK KUSSMAUL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chan StromanCHAN STROMAN
ACADEMY PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tom LuljakTOM LULJAK
ACADEMY PAST-PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steve WildeckSTEVE WILDECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Betty CusterBETTY CUSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erika Monroe-KaneERIKA MONROE-KANE
EXECUTIVE DIRECTOR
- Total calculated
- $103,839
- From this org
- $0
- From related orgs
- $100,205
- Other
- $3,634
- Hours/week
- 5 + 40 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
GENERAL SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
WISCONSIN ACADEMY OF SCIENCES ARTS AND LETTERS
501(C)(3) · TO PROMOTE THE SCIENCES, ARTS, AND LETTERS THROUGHOUT WISCONSIN · WI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400549349301040
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