← WISCONSIN COUNCIL ON ECONOMIC EDUCATION INC

Form 990 for tax year 2022

Filed by WISCONSIN COUNCIL ON ECONOMIC EDUCATION INC.

Totals

Total revenue: $301,793
Total expenses: $269,742
Contributions and grants received: $266,641
Grants paid: $0
Program service revenue: $27,211
Investment income: $7,941
Other revenue: $0
Total assets, end of year: $295,321
Total liabilities, end of year: $0
Net assets or fund balances, end of year: $295,321
Program services expenses (Part IX): $175,017
Management and general expenses: $94,725
Fundraising expenses: $0
Program service expenses (Part III): $175,017

Program services were 64.9% 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

$266,641
2a · Program service revenue: PROGRAM FEES

total $27,211 · related or exempt $27,211
3 · Investment income

total $7,941 · excluded $7,941

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $104,132 · program services $69,421 · management and general $34,711
11c · Fees: accounting

total $8,960 · management and general $8,960
13 · Office expenses

total $9,593 · program services $3,544 · management and general $6,049
16 · Occupancy

total $13,200 · management and general $13,200
17 · Travel

total $5,568 · program services $4,912 · management and general $656
22 · Depreciation, depletion and amortization

total $570 · management and general $570
23 · Insurance

total $2,778 · management and general $2,778
24a · Other expenses: PROFESSIONAL FEES

total $76,104 · program services $60,599 · management and general $15,505
24b · Other expenses: PROGRAMMING EXPENSE

total $33,242 · program services $32,962 · management and general $280
24c · Other expenses: DUES & SUBSCRIPTIONS

total $4,520 · program services $3,250 · management and general $1,270
24d · Other expenses: PHONE,INTERNET & COMPUTER

total $4,479 · management and general $4,479
24e · All other expenses

total $6,596 · program services $329 · management and general $6,267

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $81,504 · end of year $95,211
2 · Savings and temporary cash investments

beginning of year $44,502 · end of year $53,758
9 · Prepaid expenses and deferred charges

beginning of year $1,104 · end of year $2,104
10a · Land, buildings and equipment: cost or other basis

$34,898
10b · Land, buildings and equipment: accumulated depreciation

$34,898
11 · Investments: publicly traded securities

beginning of year $162,166 · end of year $141,248
15 · Other assets

beginning of year $3,000 · end of year $3,000
17 · Accounts payable and accrued expenses

beginning of year $403
27 · Net assets without donor restrictions

beginning of year $291,873 · end of year $295,321

Mission and programs · 2022

Mission

TO ENHANCE THE QUALITY AND QUANTITY OF ECONOMICS EDUCATION IN WISCONSIN.

STOCK MARKET GAME: THE STOCK MARKET SIMULATION (SMS) IS AN EASY AND SIMPLE METHOD OF LEARNING HOW TO INVEST IN THE STOCK MARKET WITHOUT USING REAL MONEY. STUDENTS IN GRADES 3-12 MANAGE HYPOTHETICAL 100,000 INVESTMENT PORTFOLIOS AS THEY COMPETE FOR A CASH PRIZE. TEN WEEK GAMES ARE OFFERED EACH SEMESTER. A SEPARATE YEAR LONG PROGRAM RUNS EACH OCTOBER TO APRIL. THE WISCONSIN STOCK MARKET SIMULATION IS THE ONLY GAME IN WISCONSIN WHERE STUDENTS ARE AWARDED WITH PRIZES. TRADES ARE MADE VIA THE SMS WEBSITE. TEAMS CAN VIEW THEIR ACCOUNTS, PLACE ORDERS, VIEW CLASS RANKINGS AND RESEARCH STOCKS 24 HOURS A DAY, SEVEN DAYS A WEEK. ALL A TEAM NEEDS IS A COMPUTER WITH INTERNET ACCESS. WE PROVIDE A FLEXIBLE CURRICULUM, LEARNING, EARNING AND INVESTING FOR A NEW GENERAL EDUCATIONAL EXPERIENCE THAT CAN STAND ALONE OR SUPPLEMENT YOUR EXISTING CURRICULUM. FREE TEACHER TRAINING IS AVAILABLE TO HELP YOU MAKE THE STOCK MARKET A REAL AND UNDERSTANDABLE PIECE OF YOUR ECONOMIC KNOWLEDGE. THIS CURRICULUM IS PUBLISHED BY THE COUNCIL FOR ECONOMIC EDUCATION (CEE - THE NATIONAL COUNCIL BASED IN NEW YORK), AND HAS BEEN ALIGNED TO THE COMMON CORE STATE STANDARDS. THE ALIGNMENT CONNECTS CEE CONTENT TO ELA OF THE CCSS. DOWNLOADABLE RESOURCES FOR PRINT AND SMART BOARDS OR OVERHEAD PROJECTORS ARE ALSO AVAILABLE ON THE CEE WEBSITE.

Expenses $43,421 · Revenue $20,000
LAMBEAU SUMMIT: THIS ONE-DAY ANNUAL STATEWIDE CONFERENCE AT LAMBEAU FIELD IS GEARED TO SUPPORT K-12 TEACHERS AND COMMUNITY OUTREACH EDUCATORS, OR ANYONE WITH AN INTEREST IN ENHANCING THE FINANCIAL AND ECONOMIC LITERACY OF INDIVIDUALS (YOUNG OR OLD) WITHIN THEIR COMMUNITY.

Expenses $23,426 · Revenue $4,314
ECON CHALLENGE: THE STATE OF WISCONSIN PARTICIPATES IN THE NATIONAL ECONOMICS CHALLENGE BY HOLDING A FACE TO FACE COMPETITION IN THREE REGIONS THROUGHOUT THE STATE. THIS IS AN OPPORTUNITY FOR TEAMS OF THREE OR FOUR HIGH SCHOOL STUDENTS (FOUR TEAM LIMIT PER SCHOOL) TO DEMONSTRATE THEIR KNOWLEDGE OF ECONOMICS CONCEPTS IN A COMPETITIVE AND FUN ATMOSPHERE. ANY WISCONSIN STUDENT ENROLLED IN A HIGH SCHOOL COURSE FOR CREDIT DURING THE CURRENT ACADEMIC YEAR CAN PARTICIPATE. STUDENTS CAN COMPETE AT ONE OF THREE HOST SITES AND IN ONE OF TWO DIVISIONS: DAVID RICARDO OR ADAM SMITH. THE DAY STARTS WITH INDIVIDUAL MICRO AND MACRO TESTS. THEN, EACH TEAM TAKES A GROUP EXAM ON INTERNATIONAL ECONOMICS/CURRENT EVENTS. AFTER LUNCH, ALL TEAMS PARTICIPATE IN THE SUPER QUIZ. THE DAY CONCLUDES WITH THE TOP TWO TEAMS IN EACH DIVISION GOING HEAD-TO-HEAD IN THE QUIZ BOWL.

Expenses $4,543
ECONOMIC EDUCATION: THE ORGANIZATION PROMOTES ECONOMIC EDUCATION AND FINANCIAL LITERACY BY PROVIDING TRAINING AND RESOURCES TO TEACHERS TO INSTRUCT STUDENTS ON ECONOMIC AND FINANCIAL LITERACY PRINCIPLES. THE ORGANIZATION WORKS WITH TEACHERS STATEWIDE THROUGH THE RELATED CENTERS FOR ECONOMIC EDUCATION, WORKSHOPS, PROGRAMS, AND OTHER RESOURCES. IN ADDITION, THE ORGANIZATION'S ECONOMICS FOR OPINION LEADERS AND ECONOMICS FOR BUSINESS PROFESSIONAL PROGRAMS OFFER SEMINARS ON THE ECONOMIC WAY OF THINKING.

Expenses $103,627 · Revenue $2,897

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

JULIE GLAUNERT

EXECUTIVE DI

Total calculated

$104,132

From this org

$101,520

From related orgs

$0

Other

$2,612

Hours/week

40
CLIFFORD HENRICKSON

CHAIR

Total calculated

$0
JAMES H HUNTER

VICE CHAIR

Total calculated

$0
CHARLES R REVIE

SECRETARY

Total calculated

$0
ANDREA GOLVACH

TREASURER

Total calculated

$0
GREGORY J CHARLESWORTH

DIRECTOR

Total calculated

$0
DAVID MITCHELL

DIRECTOR

Total calculated

$0
RODNEY LYNK

DIRECTOR

Total calculated

$0
RICHARD S HENSLEY

DIRECTOR

Total calculated

$0
WILLIE JOHNSON JR

DIRECTOR

Total calculated

$0
ARIAM KESETE

DIRECTOR

Total calculated

$0
KRISTEN MCDANIEL

DIRECTOR

Total calculated

$0
DEAN MULLER

DIRECTOR

Total calculated

$0
JAMES R NELSEN

DIRECTOR

Total calculated

$0
SUE NELSON

DIRECTOR

Total calculated

$0

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

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 November 2023
IRS schema version: 2022v5.0
Source object: 202323199349330102

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