Wisconsin Restaurant Association
- Assets
- $1.4m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 22
- Location
- Madison, WI
- Founding
- 09/1944
- Data as of
- 12/2023
- EIN
- 39-0715690
Organization Overview
Wisconsin Restaurant Association is located in Madison, WI. The organization was established in 1944. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Wisconsin Restaurant Association employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Restaurant Association 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 Restaurant Association generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. 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
TO PROVIDE MEMBERS THE SERVICES & TOOLS TO BE SUCCESSFUL THROUGH ADVOCACY, EDUCATION & COMMUNICATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES MEMBER SERVICES CONSISTS OF PROVIDING GUIDANCE, SERVICES AND SUPPORT TO PROMOTE MEMBER SATISFACTION. THE LOCAL CHAPTERS ARE OPERATING TO FURTHER THE ASSOCIATION'S MISSION BY FOCUSING ON THEIR REGIONS AND COMMUNITIES. THE ASSOCIATION ASSISTS WITH ORGANIZATION OF CHAPTER MEETINGS AS WELL AS DEVELOPMENT ON NEW CHAPTERS AND CHANGES IN BOUNDARIES. THE ASSOCIATION SELLS DINING GIFT CERTIFICATES TO THE PUBLIC THAT CAN BE REDEEMED AT ANY PARTICIPATING MEMBER RESTAURANT WITH THE GOAL OF INCREASING THE EXPOSURE TO THESE MEMBERS.
PUBLIC RELATIONS CONSISTS OF EFFORTS TO ADVANCE FOOD SERVICE TOURISM GOALS BY PROMOTING A POSITIVE INDUSTRY IMAGE THROUGH PUBLIC RELATIONS PROGRAMS. THE FOUNDATION PROMOTES EDUCATIONAL OPPORTUNITIES, PROFESSIONALISM, AND CAREER OPPORTUNITIES.
GOVERNMENT RELATIONS THE GOVERNMENT RELATIONS PROGRAM WAS DEVELOPED TO REVIEW AND RECOMMEND POSITIONS ON LEGISLATIVE ISSUES OF INTEREST TO THE FOOD SERVICE INDUSTRY AND THE ASSOCIATION. THE PROGRAM ALSO SERVES TO MAINTAIN POSITIVE RELATIONSHIPS WITH ELECTED AND APPOINTED GOVERNMENT OFFICIALS AND ADVISE MEMBERS ON PROPOSED LEGISLATION AND EXISTING LAWS. GOVERNMENT RELATIONS ALSO INCLUDE THE RESTAURANT ADVOCACY FUND, WHICH DEVELOPS FUNDING AND PROGRAMS TO EDUCATE THE ASSOCIATION MEMBERSHIP, GENERAL PUBLIC, LEGISLATURE, AND REGULATORY BODIES ON THE ASSOCIATION'S PUBLIC POLICY.
EXPOS AND SEMINARS THESE EVENTS BRING TOGETHER A WIDE VARIETY OF BUSINESSES IN THE FOOD SERVICE INDUSTRY AND PROVIDED A VALUABLE OPPORTUNITY FOR RESTAURATEURS AND SUPPLIERS TO NETWORK, SAMPLE, OR TRY NEW PRODUCTS, PARTICIPATE IN EDUCATIONAL PROGRAMS AND SEMINARS, AND BE EXPOSED TO NEW IDEAS, WHICH MAY IMPROVE OR ENHANCE CURRENT OPERATIONS OF MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Larson Chair | OfficerTrustee | 1 | $0 |
Brad Hammen Chair Elect | OfficerTrustee | 1 | $0 |
Bob Prosser Treasurer (thru July) | OfficerTrustee | 1 | $0 |
Lars Johnson Treasurer (from July) | OfficerTrustee | 1 | $0 |
Danielle Baerwald Immediate Past Chair | Trustee | 1 | $0 |
Steve Anderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $64,977 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,973 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,950 |
| Total Program Service Revenue | $1,434,830 |
| Investment income | $25,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $219,414 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,991 |
| Net Income from Fundraising Events | -$20,150 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,892,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,140 |
| 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. | $219,564 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $909,663 |
| Pension plan accruals and contributions | $24,604 |
| Other employee benefits | $116,383 |
| Payroll taxes | $80,302 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,675 |
| Fees for services: Accounting | $12,548 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,166 |
| Fees for services: Other | $47,513 |
| Advertising and promotion | $6,112 |
| Office expenses | $148,193 |
| Information technology | $101,631 |
| Royalties | $0 |
| Occupancy | $114,417 |
| Travel | $49,917 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $164,610 |
| Interest | $12,875 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,073 |
| Insurance | $12,091 |
| All other expenses | $40,480 |
| Total functional expenses | $2,116,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,831 |
| Savings and temporary cash investments | $154,242 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,603 |
| 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 | $111,179 |
| Net Land, buildings, and equipment | $12,844 |
| Investments—publicly traded securities | $874,471 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $99,575 |
| Total assets | $1,354,745 |
| Accounts payable and accrued expenses | $253,411 |
| Grants payable | $0 |
| Deferred revenue | $636,291 |
| 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 | $147,314 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,377 |
| Total liabilities | $1,045,393 |
| Net assets without donor restrictions | $309,352 |
| 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 | $1,354,745 |