2025-03-18T16:27:14-05:00 2024-06-30 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2023-07-01 391054856 WISCONSIN ACADEMY OF SCIENCES ARTS AND LETTERS WISC 6087336633 1922 UNIVERSITY AVE MADISON WI 537264013 ERIKA MONROE-KANE EXECUTIVE DIRECTOR 6087336633 2025-03-12 1 0 KRISTINE BOERBOOM CPA P01262404 6082744020 2025-03-12 2023 2025-03-06 01:10:19Z ERIKA MONROE-KANE 1922 UNIVERSITY AVE MADISON WI 537264013 804769 0 X WISCONSINACADEMY.ORG X 1870 WI TO CREATE A BETTER WORLD BY CONNECTING WISCONSIN PEOPLE AND IDEAS. 21 21 15 19 1025 0 692119 694350 258726 92621 5369 14771 4910 -3786 961124 797956 0 0 0 0 584155 561483 0 0 92918 384255 366006 968410 927489 -7286 -129533 718239 733310 122479 261160 595760 472150 X THE WISCONSIN ACADEMY OF SCIENCES, ARTS AND LETTERS' MISSION IS TO CREATE A BETTER WORLD BY CONNECTING WISCONSIN PEOPLE AND IDEAS. 0 0 168800 0 40324 WISCONSIN INITIATIVES-PROVIDES CONFERENCES, BLOGS, VIDEOS, AND OTHER RESOURCES TO BRING WISCONSIN CITIZENS TOGETHER WITH A DIVERSE ARRAY OF EXPERTS AND STAKEHOLDERS TO FIND SOLUTIONS TO STATEWIDE PROBLEMS, SUCH AS CLIMATE, ENERGY, AND WATER. 149097 0 43876 ACADEMY EVENTS AND FELLOWS-PROVIDES PUBLIC PRESENTATIONS AROUND WISCONSIN THAT BRINGS PEOPLE TOGETHER TO MEET LEADING WISCONSIN THINKERS AND SHARE KNOWLEDGE ACROSS DISCIPLINES IN THE EFFORT TO CREATE A BRIGHTER WISCONSIN. 111619 0 4417 WISCONSIN ARTS-PROVIDES VARIOUS EXHIBITS AND CURATED SHOWS AT THE JAMES WATROUS GALLERY LOCATED IN THE OVERTURE CENTER THAT SHOWCASES CONTEMPORARY ART FROM WISCONSIN ARTISTS. 102547 0 4004 WISCONSIN READ AND WRITES-PROVIDES A QUARTERLY MAGAZINE ENTITLED WISCONSIN PEOPLE AND IDEAS THAT HIGHLIGHTS CURRENT AND HISTORIC ACHIEVEMENTS IN THE SCIENCES, ARTS AND LETTERS. 61527 0 0 PROGRAM DEVELOPMENT-PROVIDES STRUCTURE NECESSARY TO RESEARCH AND STRATEGICALLY PLAN FOR FUTURE PROGRAM ENDEAVORS. 164074 0 4004 593590 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 15 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X KOLLATH ASSOCIATES CPA LLC 6088243002 6200 MINERAL POINT RD STE 100 MADISON WI 53705 ROBERTA FILICKY-PENESKI PRESIDENT 1.00 1.00 X X 0 0 0 TOM LULJAK IMMEDIATE-PAST PRESIDENT 1.00 1.00 X X 0 0 0 FRANK BYRNE PRESIDENT ELECT 1.00 1.00 X X 0 0 0 L JANE HAMBLEN VICE PRESIDENT OF LETTERS 1.00 X X 0 0 0 ROBERT MATHIEU VICE PRESIDENT OF SCIENCES 1.00 X X 0 0 0 AMY HORST VICE PRESIDENT OF ARTS 1.00 X X 0 0 0 TOM STILL SECRETARY 1.00 X X 0 0 0 RICHARD DONKLE TREASURER 1.00 1.00 X X 0 0 0 FREDA HARRIS FOUNDATION PRESIDENT 1.00 1.00 X 0 0 0 ANDY RICHARDS INTERIM FOUDATION PRESIDENT 1.00 X 0 0 0 KEVIN REILLY COUNCILOR 1.00 X 0 0 0 BJ HOLLARS COUNCILOR 1.00 X 0 0 0 MICHAEL MORGAN COUNCILOR 1.00 X 0 0 0 STEVE ACKERMAN COUNCILOR 1.00 X 0 0 0 CHAN STROMAN COUNCILOR (THRU SEPTEMBER) 1.00 X 0 0 0 RUBEN ANTHONY COUNCILOR 1.00 X 0 0 0 JAY HANDY COUNCILOR 1.00 X 0 0 0 JEFF RUSINOW COUNCILOR 1.00 X 0 0 0 BRENT SMITH COUNCILOR 1.00 X 0 0 0 MARK BRADLEY COUNCILOR 1.00 X 0 0 0 LILLIAN BROWN COUNCILOR 1.00 X 0 0 0 JULIA TAYLOR COUNCILOR 1.00 X 0 0 0 ERIKA MONROE-KANE EXECUTIVE DIRECTOR 40.00 5.00 X 122923 0 0 122923 0 0 1 0 0 0 0 308326 15434 370590 694350 CONFERENCE AND EVENT FEES 711320 51206 51206 MEMBERSHIP DUES REVENUE 900099 23885 23885 ACADEMY COURSE INCOME 616000 13635 13635 3895 3895 92621 15609 15609 1080 0 1080 1080 1080 838 -838 -838 -838 84 5975 -5891 -5891 ADVERTISING REVENUE 541800 1025 1025 1025 797956 92621 1025 9960 125365 78418 33105 13842 369078 230864 97463 40751 6891 4310 1820 761 23043 14414 6085 2544 37106 23210 9799 4097 41542 41542 1080 1080 74677 61030 10394 3253 2360 1551 809 79549 57361 7189 14999 18393 12935 3689 1769 78269 49095 20849 8325 52401 50743 1385 273 264 264 1036 648 274 114 12442 7781 3286 1375 DUES AND SUBSCRIPTIONS 1380 736 644 2613 494 1304 815 927489 593590 240981 92918 61167 71154 345702 288184 15764 12114 0 1875 7854 8427 269749 243024 27760 26725 255071 260619 4921 13000 0 51212 718239 733310 102005 92304 17928 112590 2546 56266 122479 261160 X 262364 237146 333396 235004 595760 472150 718239 733310 -129533 5923 0 X 0 1 X 1 0 X 943186 851648 747128 692119 694350 3928431 943186 851648 747128 692119 694350 3928431 366776 3561655 492 352 770 6479 16689 24782 961 576 864 2401 3955614 543404 0.90040 0.90320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X OFFICE DISPLAY 0 3345400 5104 212210 94777 31544 3436393 1977784 1303892 170445 97153 9568 3345400 2339413 201 -250363 111467 1977784 1950292 11486 463438 85803 2339413 2064998 500 5718 120924 1950292 0.37800 0.55230 0.06970 0 1 1 16200 16200 156143 156510 -367 97406 86514 10892 26725 OPERATING RIGHT-OF-USE ASSET 51212 51212 DUE TO WISCONSIN ACADEMY FOUNDATION, INCORPORATED 4202 OPERATING LEASE LIABILITY 52064 56266 PART III, LINE 1A: THE WISCONSIN ACADEMY OF SCIENCES, ARTS AND LETTERS HOLDS A COLLECTION OF PUBLICATIONS AND PERIODICALS; AS THE FAIR VALUE OF THESE VOLUMES IS NOT DETERMINABLE, NO AMOUNT HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: THE JAMES WATROUS GALLERY'S PRIMARY FOCUS IS CONTEMPORARY ART FROM WISCONSIN. THE ORGANIZATION'S EXHIBITIONS, TALKS, AND EVENTS SHARE THE WORK OF WISCONSIN ARTISTS PAST AND PRESENT AND EXPLORE IDEAS AT THE INTERSECTION OF THE SCIENCES, ARTS, AND HUMANITIES. OUR GOALS ARE TO SUPPORT WISCONSIN ART AND ARTISTS THROUGH QUALITY EXHIBITIONS AND PROGRAMS, TO PROVIDE OPPORTUNITIES FOR VIEWERS TO ACTIVELY ENGAGE IN VISUAL ARTS, AND TO ENCOURAGE A SPIRIT OF INQUIRY. THE WATROUS GALLERY IS A PROGRAM OF THE WISCONSIN ACADEMY OF SCIENCES, ARTS AND LETTERS, AN ORGANIZATION THAT BRINGS PEOPLE TOGETHER TO INSPIRE DISCOVERY, ILLUMINATE CREATIVE WORK, AND FOSTER CIVIL DIALOGUE. AS AN INTEGRAL PART OF THE ACADEMY, MANY OF ITS EXHIBITS ARE DESIGNED TO CONNECT WITH THE THEMES TAKEN UP BY THE ACADEMY'S CURRENT LECTURE SERIES AND POLICY INITIATIVES. THROUGH ITS EMPHASIS ON EXCELLENCE, ACCESSIBILITY, AND PUBLIC ENGAGEMENT, THE WATROUS GALLERY STRIVES TO STRENGTHEN AND ENRICH THE CULTURE OF OUR STATE. PART V, LINE 4: THE WISCONSIN ACADEMY FOUNDATION, INCORPORATED HAS AN ENDOWMENT FUND HELD BY TRUST POINT MANAGEMENT GROUP WHICH CONSISTS OF DONOR RESTRICTED FUNDS. THE FOUNDATION HAS A TRUST AGREEMENT THAT STATES THAT THE ENDOWMENT WILL HOLD AND INVEST THE FUNDS FOR THE SOLE BENEFIT OF THE WISCONSIN ACADEMY OF SCIENCES, ARTS AND LETTERS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS TO UPDATE THE ROLES AND RESPONSIBILITIES OF THE FINANCE & AUDIT COMMITTEE; UPDATE RESTRICTION FOR NON-BOARD MEMBERS TO BE ABLE TO PARTICIPATE IN BOARD COMMITTEES; AND UPDATE THE ESCAPE CLAUSE FOR TIMES WHEN PARTS OF BYLAWS NEED TO BE IGNORED OR DISREGARDED FOR SOME REASON SO BOARD CAN VOTE AND CONSCIOUSLY IGNORE PART OF THE BYLAWS IF THERE'S AN IMPORTANT REASON. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE TREASURER OF THE BOARD OF DIRECTORS AND ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE RETURN BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS AND COMMITTEE MEMBERS ANNUALLY SIGN A STATEMENT THAT AFFIRMS THEY HAVE READ, UNDERSTOOD AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST STATEMENT. THEY ALSO ACKNOWLEDGE THAT THEY HAVE NOT PARTICIPATED IN AN ACTIVITY THAT WOULD QUALIFY AS A CONFLICT OF INTEREST IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AN INDIVIDUAL MUST DISCLOSE TO THE FINANCE AND AUDIT COMMITTEE THE EXISTENCE AND NATURE OF ANY CONFLICT OF INTEREST THAT IS EXPECTED IN ANY INSTANCE TO RESULT IN A BENEFIT, EITHER DIRECT OR INDIRECT TO THE BOARD. MEMBERS SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED MEMBER OF THE FINANCE AND AUDIT COMMITTEE WHO DOES NOT HAVE A CONFLICT OF INTEREST TO EVALUATE THE DISCLOSURE DURING DISCUSSION OF, AND VOTE ON, ANY TRANSACTION THAT COULD RESULT IN A CONFLICT OF INTEREST. ANY INDIVIDUAL WITH A CONFLICT MUST NOT BE PRESENT. FORM 990, PART VI, SECTION B, LINE 15A THE WISCONSIN ACADEMY OF SCIENCES, ARTS AND LETTERS EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR BY UTILIZING MARKET DATA FOR COMPARATIVE POSITIONS AND COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. WISCONSIN ACADEMY FOUNDATION INCORPORATED 1922 UNIVERSITY AVE MADISON WI 537264013 391681809 SUPPORTING ORGANIZATION OF WISCONSIN ACADEMY OF SCIENCES, ARTS AND LETTERS WI 501(C)(3) LINE 12B, II N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0