Wiscnet
- Assets
- $19.3m
- Revenue
- $9.1m
- Investments
- $5.8m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 11/1994
- Data as of
- 06/2022
- EIN
- 39-1705442
Organization Overview
Wiscnet is located in Madison, WI. The organization was established in 1994. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wiscnet is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Wiscnet generated $9.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $7.8m during the year ending 06/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE EDUCATION, RESEARCH, ECONOMIC DEVELOPMENT AND PUBLIC SERVICE BY ASSISTING IN THE EXCHANGE OF INFORMATION AMONG ITS MEMBERS BY MEANS OF HIGHSPEED DIGITAL COMMUNICATION TECHNIQUES, AND TO ASSIST THOSE MEMBERS IN GAINING ACCESS TO SCIENTIFIC AND EDUCATIONAL RESOURCES. THE NETWORK WILL SUPPORT COLLABORATIVE INSTRUCTION, RESEARCH, ECONOMIC DEVELOPMENT AND PUBLIC SERVICE; FACILITATE ACCESS TO REGIONAL AND NATIONAL NETWORKS AND HENCE TO NATIONAL RESOURCES SUCH AS SUPERCOMPUTER CENTERS; AND GENERALLY SUPPORT THE EDUCATION, SERVICE AND RESEARCH MISSION OF THE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PROGRAM SERVICE OFFERED BY WISCNET IS TO ADVANCE EDUCATION, RESEARCH, ECONOMIC DEVELOPMENT AND PUBLIC SERVICE BY ASSISTING IN THE EXCHANGE OF INFORMATION AMONG ITS MEMBERS BY MEANS OF HIGH-SPEED DIGITAL COMMUNICATION TECHNIQUES, AND TO ASSIST THOSE MEMBERS IN GAINING ACCESS TO SCIENTIFIC AND EDUCATIONAL RESOURCES. WE PROVIDE RESEARCH AND EDUCATION DATA NETWORKING SERVICES TO 500 NOT-FOR-PROFIT MEMBER-INSTITUTIONS OPERATING IN WISCONSIN THAT IN TURN PROVIDE K-20 EDUCATION AND RESEARCH, LIBRARY SERVICES, LOCAL GOVERNMENT, MUSEUM SERVICES AND HEALTHCARE. APPROXIMATELY ONE MILLION PERSONS (E.G., STUDENTS, FACULTY, STAFF, PATRONS, OFFICIALS, CITIZENS, ETC.) BENEFIT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lois Chief Executive Officer | Officer | 40 | $259,520 |
Brian Remer Chief Technology Officer | Officer | 40 | $160,000 |
Isabel Barr Senior Director Of Operation | Officer | 40 | $157,631 |
Christopher Wopat Senior Network Engineer | 40 | $129,786 | |
John Pederson Director Of Marketing And Communications | 40 | $111,883 | |
Joshua Gorton Platform Engineer | 40 | $103,211 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Uw - Madison - Doit Boreas Engineering Costs | 6/29/15 | $539,727 |
Inoc Llc Ongoing Noc Support | 6/29/15 | $138,710 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,879,822 |
| Investment income | $167,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,222 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,057,881 |
| 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. | $659,075 |
| Compensation of current officers, directors, key employees. | $174,309 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,230,098 |
| Pension plan accruals and contributions | $117,126 |
| Other employee benefits | $185,622 |
| Payroll taxes | $146,913 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,216 |
| Fees for services: Accounting | $95,280 |
| Fees for services: Lobbying | $36,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,159 |
| Fees for services: Other | $307,588 |
| Advertising and promotion | $800 |
| Office expenses | $87,663 |
| Information technology | $1,802,853 |
| Royalties | $0 |
| Occupancy | $285,072 |
| Travel | $1,228,156 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,644 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $785,391 |
| Insurance | $31,608 |
| All other expenses | $4,246 |
| Total functional expenses | $7,762,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,132,424 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,375,666 |
| 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 | $1,685,943 |
| Net Land, buildings, and equipment | $1,528,546 |
| Investments—publicly traded securities | $4,770,629 |
| Investments—other securities | $5,772,432 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,265,640 |
| Accounts payable and accrued expenses | $262,961 |
| Grants payable | $0 |
| Deferred revenue | $9,380 |
| 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 | $236,911 |
| Total liabilities | $509,252 |
| Net assets without donor restrictions | $18,756,388 |
| 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 | $19,265,640 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wiscnet Madison, WI | $19,265,640 | $9,057,881 |
The Hdf Group Champaign, IL | $2,681,088 | $3,775,571 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $6,083,373 | $2,407,593 |
Lumity Chicago, IL | $1,180,986 | $2,382,766 |
Open Source Technology Improvement Fund Inc Chicago, IL | $357,157 | $1,309,759 |
Wisconsin Livestock Identification Consortium Inc Madison, WI | $152,013 | $431,499 |
International Association For Human Resource Information Management In Milwaukee, WI | $72,144 | $229,897 |
Society For Management Information Systems Chicago, IL | $266,168 | $214,433 |
Iowa Technology And Education Connection Nevada, IA | $137,996 | $217,389 |
Michigan Healthcare Cybersecurity Council Inc Milford, MI | $142,282 | $0 |
Aps Training Institute Inc Aurora, IL | $42,690 | $0 |
Non Profit Software Corporation DeKalb, IL | $49,569 | $0 |