Wisconsin Newspaper Association Inc
- Assets
- $905.0k
- Revenue
- $386.2k
- Investments
- -$41.0k
- Employees
- 5
- Location
- Madison, WI
- Founding
- 06/2009
- Data as of
- 12/2023
- EIN
- 39-0715140
Organization Overview
Wisconsin Newspaper Association Inc is located in Madison, WI. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Wisconsin Newspaper Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Newspaper Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Wisconsin Newspaper Association Inc generated $386.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $336.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHEN THE NEWSPAPER INDUSTRY, ENHANCE PUBLIC UNDERSTANDING OF THE ROLES OF NEWSPAPERS, AND PROTECT BASIC FREEDOMS OF PRESS, SPEECH AND FREE FLOW OF INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCESS TO RESOURCES IN THE WISCONSIN NEWSPAPER INDUSTRY SUCH AS SPECIALTY PUBLICATIONS, SPECIAL EVENTS, PROFESSIONAL DEVELOPMENT TRAINING, AND LEGISLATIVE ACTION UPDATES.
ISSUES ADVOCACY - WORKING WITH STATE AND LOCAL PUBLIC OFFICIALS TO RAISE AWARENESS OF THE ISSUES AFFECTING THE WISCONSIN NEWSPAPER INDUSTRY AND TO PREVENT UNNECESSARY REGULATION OF THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Bennett Executive Director | Officer | 40 | $149,875 |
Kris O'leary President | OfficerTrustee | 1 | $0 |
George Stanley Past President | OfficerTrustee | 1 | $0 |
Jeff Patterson 1st Vice President | OfficerTrustee | 1 | $0 |
Greg Mellis 2nd Vice President | OfficerTrustee | 1 | $0 |
Dave Wood Secretary/treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $35,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,919 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,919 |
| Total Program Service Revenue | $222,367 |
| Investment income | $322 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $110,640 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $386,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,875 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $203,490 |
| Pension plan accruals and contributions | $12,614 |
| Other employee benefits | $25,658 |
| Payroll taxes | $29,130 |
| Fees for services: Management | $29,190 |
| Fees for services: Legal | $33,996 |
| Fees for services: Accounting | $1,636 |
| Fees for services: Lobbying | $13,200 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,086 |
| Advertising and promotion | $0 |
| Office expenses | $8,964 |
| Information technology | $28,786 |
| Royalties | $0 |
| Occupancy | $44,588 |
| Travel | $19,028 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,063 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,999 |
| All other expenses | $8,024 |
| Total functional expenses | $335,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,241 |
| Savings and temporary cash investments | $97,136 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $795,866 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,176 |
| Net Land, buildings, and equipment | $1,400 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | -$40,983 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,209 |
| Total assets | $905,045 |
| Accounts payable and accrued expenses | $50,201 |
| Grants payable | $0 |
| Deferred revenue | $234,094 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $284,295 |
| Net assets without donor restrictions | $620,750 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $905,045 |