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Nonprofiteer
← WISCONSIN PUBLIC BROADCASTING FOUNDATION INC

Form 990 for tax year 2024

Filed by WISCONSIN PUBLIC BROADCASTING FOUNDATION INC.

Totals

Total revenue
$11,114,333
Total expenses
$11,081,691
Contributions and grants received
$9,803,505
Grants paid
$10,897,100
Program service revenue
$0
Investment income
$1,310,828
Other revenue
$0
Total assets, end of year
$36,031,599
Total liabilities, end of year
$111,876
Net assets or fund balances, end of year
$35,919,723
Program services expenses (Part IX)
$10,897,100
Management and general expenses
$164,609
Fundraising expenses
$19,982
Program service expenses (Part III)
$10,897,100

Program services were 98.3% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $9,803,505

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2b · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2c · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2d · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2e · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $849,214 · related or exempt $0 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $1,789,026 · other assets $0

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

    securities $1,327,412 · other assets $0

  • 7c · Gain or loss

    securities $461,614 · other assets $0

  • 7d · Net gain or loss

    total $461,614 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11b · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11c · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,897,100 · program services $10,897,100

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $172,196 · program services $0 · management and general $152,214 · fundraising $19,982

  • 11g · Fees: other

    total $9,410 · program services $0 · management and general $9,410 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $2,985 · program services $0 · management and general $2,985 · fundraising $0

  • 24a · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24b · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24c · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24d · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,794,921 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $4,357,508

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $646,652 · end of year $377,000

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $29,098,556 · end of year $31,297,091

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $111,858 · end of year $111,876

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $34,428,271 · end of year $35,919,723

Mission and programs · 2024

Mission

The Wisconsin Public Broadcasting Foundation WPBF supports the work of the Educational Communications Board ECB a State of Wisconsin agency committed to ensuring that public media and public safety programs and services are available throughout Wisconsin. These programs and services reflect and respond to the educational and cultural needs of Wisconsins residents.

Activities or mission (Part I)

The Wisconsin Public Broadcasting Foundation WPBF supports the work of the Educational Communications Board ECB a State of Wisconsin agency committed to ensuring that public media and public safety programs and services are available throughout Wisconsin. These programs and services reflect and respond to the educational and cultural needs of Wisconsins residents. The ECB partners with the University of Wisconsin-Madison to provide the services of PBS Wisconsin and Wisconsin Public Radio.

  • Wisconsin Public Radio WPR brings news music conversation and entertainment programs that inform inspire and build communities throughout Wisconsin and around the world on its two networks - WPR News and WPR Music - and 39 stations. Our commitment to the highest standards of news and cultural content reflects our belief that people and communities thrive with an open exchange of ideas and information.

    Expenses $5,355,610 · Grants $5,355,610

  • PBS Wisconsin delivers your favorite PBS national programs and learning resources while grounding the PBS mission in Wisconsin. Our approach prioritizes integrity and inclusion quality and community. PBS Wisconsin produces trusted journalism local storytelling tools for Wisconsin educators and community events and partnerships that connect us and keep us curious.

    Expenses $5,541,490 · Grants $5,541,490

As filed on the 2024 return.

Listed in Part VII

  • Marta Bechtol

    Foundation Director and ECB Executive Director

    Total calculated
    $171,205
    From this org
    $0
    From related orgs
    $160,146
    Other
    $11,059
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $129,646
    Bonus
    $0
    Other
    $0
    Deferred
    $41,559
    Nontaxable benefits
    $0
    Filer's total
    $171,205

  • Jennifer Dargan

    ECB Deputy Director

    Total calculated
    $171,681
    From this org
    $0
    From related orgs
    $138,001
    Other
    $33,680
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $138,001
    Bonus
    $0
    Other
    $0
    Deferred
    $9,928
    Nontaxable benefits
    $23,752
    Filer's total
    $171,681

  • Adam Hargrove

    ECB Chief Technology Officer

    Total calculated
    $142,269
    From this org
    $0
    From related orgs
    $131,218
    Other
    $11,051
    Hours/week
    0 + 40 related

  • Aimee Wright

    ECB Finance Director

    Total calculated
    $141,480
    From this org
    $0
    From related orgs
    $110,592
    Other
    $30,888
    Hours/week
    0 + 40 related

  • Edward Snow

    ECB Chief Cybersecurity Officer

    Total calculated
    $138,480
    From this org
    $0
    From related orgs
    $107,036
    Other
    $31,444
    Hours/week
    0 + 40 related

  • Glenn Guy

    ECB Field Engineering Director

    Total calculated
    $145,096
    From this org
    $0
    From related orgs
    $107,757
    Other
    $37,339
    Hours/week
    0 + 40 related

  • Alyssa Kenney

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Anne Hanson

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Leah Lechleiter Luke

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Patrick Snyder

    Trustee

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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.

Provenance

Return type
form_990
Tax year
2024
Filed
2 May 2026
IRS schema version
2024v5.1
Source object
202621229349300312

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