Wisconsin History Foundation Inc

Analysis

Wisconsin History Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1956, 70 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wisconsin History Foundation Inc reported income of $8.5m and spending of $7.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.8m to $8.5m (-46%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wisconsin History Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Friends of Oeta Inc ($8.5m), James Dick Foundation for the Performing Arts ($8.5m) and Atlantic Gateway Communications Inc ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $175k (2.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $58.7m against liabilities of $10.8m, net assets of $47.9m.