Wisconsin Alumni Research Foundation

Analysis

Wisconsin Alumni Research Foundation is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1935, 91 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Wisconsin Alumni Research Foundation reported income of $140.8m and spending of $155.8m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $255.0m to $140.8m (-45%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 125%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisconsin Alumni Research Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include York College of Pennsylvania ($140.6m), Seattle Pacific University ($140.8m) and Lake Forest College ($140.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $5.6m (3.6% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $3.31bn against liabilities of $968.9m, net assets of $2.34bn. It reported 110 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.