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ISTHMUS PROJECT INC

EIN 83-2278676 MADISON, WI

Revenue 2024
$15,015
Expenses 2024
$722,025

Program services were 99.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
H99
Classification
1280
Street
600 HIGHLAND AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

The Corporation is organized and shall be operated exclusively to support the missions of the University of Wisconsin Hospitals and Clinics Authority, University of Wisconsin Medical Foundation, and the University of Wisconsin School of Medicine and Public Health by Facilitating the development and translation of innovations and useful technology developed at UW Health and the University of Wisconsin, including in collaboration with other research institutions and partners, to improve health and healthcare by preventing and alleviating the effects of disease.

  • The Isthmus Project was founded with the intent to support Healthcare Innovation arising from our own ecosystem, including innovators from UW Health and UW School of Medicine and Public Health. Services the Isthmus Project offers include:1) Helping connect innovators to additional development resources including mentors, potential customers, funders, as well as engineering and IP services.2) Providing mentorship on technical development and business planning including market assessment and company valuation.Funding options and support including UW Health funding.

    Expenses $718,486 · Revenue $15,015

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Kelly Wilson JD MBA

    Secretary

    Total calculated
    $1,791,327
    From this org
    $0
    From related orgs
    $1,600,152
    Other
    $191,175
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $743,180 related
    Bonus
    $0 + $323,279 related
    Other
    $0 + $533,693 related
    Deferred
    $0 + $158,562 related
    Nontaxable benefits
    $0 + $32,613 related
    Filer's total
    $0 + $1,791,327 related

  • Thomas Grist MD

    Director

    Total calculated
    $908,870
    From this org
    $0
    From related orgs
    $838,461
    Other
    $70,409
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $838,461 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $69,000 related
    Nontaxable benefits
    $0 + $1,409 related
    Filer's total
    $0 + $908,870 related

  • Cherodeep Goswami

    Director

    Total calculated
    $1,312,339
    From this org
    $0
    From related orgs
    $1,213,141
    Other
    $99,198
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $631,116 related
    Bonus
    $0 + $291,745 related
    Other
    $0 + $290,280 related
    Deferred
    $0 + $88,330 related
    Nontaxable benefits
    $0 + $10,868 related
    Filer's total
    $0 + $1,312,339 related

  • Beth Drolet MD

    Director

    Total calculated
    $750,218
    From this org
    $0
    From related orgs
    $681,163
    Other
    $69,055
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $681,163 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $69,000 related
    Nontaxable benefits
    $0 + $55 related
    Filer's total
    $0 + $750,218 related

  • Manish Shah MD MPH

    Director

    Total calculated
    $709,359
    From this org
    $0
    From related orgs
    $708,936
    Other
    $423
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $708,936 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $423 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $709,359 related

  • Elizabeth Hagerman PhD

    President/Chief Innovation Officer

    Total calculated
    $408,499
    From this org
    $0
    From related orgs
    $368,249
    Other
    $40,250
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $314,732 related
    Bonus
    $0 + $53,517 related
    Other
    $0
    Deferred
    $0 + $26,910 related
    Nontaxable benefits
    $0 + $13,340 related
    Filer's total
    $0 + $408,499 related

  • Anjon Jon Audhya PhD

    Treasurer

    Total calculated
    $462,054
    From this org
    $0
    From related orgs
    $398,636
    Other
    $63,418
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $398,636 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $28,462 related
    Nontaxable benefits
    $0 + $34,956 related
    Filer's total
    $0 + $462,054 related

  • Scott Button

    Director

    Total calculated
    $0
    Hours/week
    2

  • David Casimir JD PhD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Thomas Rock Mackie PhD

    Chair

    Total calculated
    $0
    Hours/week
    2 + 38 related

  • Michael Partsch

    Director

    Total calculated
    $0
    Hours/week
    2

  • Brian Pogue MD

    Director

    Total calculated
    $462,323
    From this org
    $0
    From related orgs
    $386,333
    Other
    $75,990
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $386,333 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $27,448 related
    Nontaxable benefits
    $0 + $48,542 related
    Filer's total
    $0 + $462,323 related

  • Kurt Zimmerman

    Vice President

    Total calculated
    $239,743
    From this org
    $0
    From related orgs
    $208,778
    Other
    $30,965
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $208,778 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $16,638 related
    Nontaxable benefits
    $0 + $14,327 related
    Filer's total
    $0 + $239,743 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. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $15,015
    Expenses
    $722,025
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $15,090
    Expenses
    $815,195
    Contributions
    $0
    Grants paid
    $500
  • 2022
    Revenue
    $388,813
    Expenses
    $816,376
    Contributions
    $350,000
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $75,000
    Expenses
    $576,005
    Assets (EOY)
    $722,797

  • 2020 · 990

    Revenue
    $0
    Expenses
    $468,447
    Assets (EOY)
    $211,733

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related partnerships on its 2024 return

Related corporations and trusts on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.