Civic Intelligence

Wisys Technology Foundation Inc.

990 • Fiscal year 2023 • EIN 39-1992463

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 14, 2023

614 Walnut Street 13th FloorMadison, WI 53726

(608) 316-4037

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.22x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.46x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

20th percentile

-13%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

94th percentile

$286,327

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

28th percentile

-2.6%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

24th percentile

-11%

Faster revenue growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$3,843,590

Down $101,475 (-2.6%) from 2022

Net Assets

Down

$2,994,651

Down $130,995 (-4.2%) from 2022

Liabilities

Up

$848,939

Up $29,520 (+3.6%) from 2022

Revenue

Down

$1,837,439

Down $236,165 (-11%) from 2022

Expenses

Up

$2,082,223

Up $252,718 (+14%) from 2022

Net Income

Down

-$244,784

Down $488,883 (-200%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,798,007Liabilities 2011: $786,240Net Assets 2011: $1,011,7672011Assets 2012: $1,922,686Liabilities 2012: $941,758Net Assets 2012: $980,9282012Assets 2013: $1,599,209Liabilities 2013: $853,456Net Assets 2013: $745,7532013Assets 2014: $1,514,930Liabilities 2014: $737,401Net Assets 2014: $777,5292014Assets 2015: $5,830,058Liabilities 2015: $700,486Net Assets 2015: $5,129,5722015Assets 2016: $5,356,749Liabilities 2016: $758,388Net Assets 2016: $4,598,3612016Assets 2017: $4,888,986Liabilities 2017: $729,583Net Assets 2017: $4,159,4032017Assets 2018: $4,194,609Liabilities 2018: $786,776Net Assets 2018: $3,407,8332018Assets 2019: $5,474,558Liabilities 2019: $807,355Net Assets 2019: $4,667,2032019Assets 2020: $4,771,649Liabilities 2020: $1,014,265Net Assets 2020: $3,757,3842020Assets 2021: $4,244,354Liabilities 2021: $919,588Net Assets 2021: $3,324,7662021Assets 2022: $3,945,065Liabilities 2022: $819,419Net Assets 2022: $3,125,6462022Assets 2023: $3,843,590Liabilities 2023: $848,939Net Assets 2023: $2,994,6512023Assets 2024: $3,805,998Liabilities 2024: $1,242,017Net Assets 2024: $2,563,9812024Assets 2025: $3,237,212Liabilities 2025: $887,888Net Assets 2025: $2,349,3242025

Highlighted filing

2023

Assets$3,843,590
Liabilities$848,939
Net Assets$2,994,651

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $816,5952011Expenses 2012: $848,9332012Revenue 2013: $761,417Expenses 2013: $996,592Net Income 2013: -$235,1752013Revenue 2014: $1,122,433Expenses 2014: $1,120,657Net Income 2014: $1,7762014Revenue 2015: $5,627,468Expenses 2015: $1,275,425Net Income 2015: $4,352,0432015Revenue 2016: $809,043Expenses 2016: $1,340,254Net Income 2016: -$531,2112016Revenue 2017: $947,366Expenses 2017: $1,386,324Net Income 2017: -$438,9582017Revenue 2018: $819,146Expenses 2018: $1,570,716Net Income 2018: -$751,5702018Revenue 2019: $3,114,132Expenses 2019: $1,880,701Net Income 2019: $1,233,4312019Revenue 2020: $1,090,802Expenses 2020: $1,993,882Net Income 2020: -$903,0802020Revenue 2021: $1,305,162Expenses 2021: $2,053,232Net Income 2021: -$748,0702021Revenue 2022: $2,073,604Expenses 2022: $1,829,505Net Income 2022: $244,0992022Revenue 2023: $1,837,439Expenses 2023: $2,082,223Net Income 2023: -$244,7842023Revenue 2024: $2,032,663Expenses 2024: $2,581,624Net Income 2024: -$548,9612024Revenue 2025: $2,578,608Expenses 2025: $3,100,009Net Income 2025: -$521,4012025

Highlighted filing

2023

Revenue$1,837,439
Expenses$2,082,223
Net Income-$244,784
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$2,891,094
Mission and Program Overview

Mission

SEE PART I, LINE 1

Empowering university of wisconsin faculty, staff, students, and alumni to innovate for impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,414,302$2,361,665▼ $52,637
Cash and Non-Interest-Bearing Accounts$194,707$727,649▲ $532,942
Savings and Temporary Cash Investments$417,392$449,819▲ $32,427
Pledges and Grants Receivable$200,000$200,000→ $0
Accounts Receivable$715,504$79,478▼ $636,026
Prepaid Expenses and Deferred Charges$3,160$24,979▲ $21,819
Total Assets$3,945,065$3,843,590▼ $101,475
Liabilities
Accounts Payable and Accrued Expenses$612,728$617,651▲ $4,923
Other Liabilities$206,691$214,788▲ $8,097
Deferred Revenue$0$16,500▲ $16,500
Total Liabilities$819,419$848,939▲ $29,520
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,768,874$2,825,750▲ $56,876
Net Assets With Donor Restrictions$356,772$168,901▼ $187,871
Total Net Assets Fund Balance$3,125,646$2,994,651▼ $130,995
Total Liabilities and Net Assets / Fund Balance$3,945,065$3,843,590▼ $101,475

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$579,836$63,030▲ $44,646-$687,512
2021$593,092$77,324▼ $90,580-$579,836
2020$305,638$162,304▲ $125,150-$593,092
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arjun SangaPresidentFT$235,721$50,606$286,327
Adhira SunkaraDirector of Strategy/innovative VenturesFT$111,351$35,657$147,008

Board Members and Trustees

NameTitle
David WardTrustee/chair
Tomas StaffordTrustee/vice Chair
Carol DahlTrustee
Deborah FordTrustee
Jeff BuhrandtTrustee
Jennifer GottwaldTrustee
Katherine FrankTrustee
Melissa ShermanTrustee
Tom StillTrustee
David BrukardtTrustee/secretary
Erik IversonTrustee/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,645,007
Program Service Revenue
$174,256
Investment Income
$16,294
Other Revenue
$1,882
Change in Net Assets
$-244,784

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,820,396
Revenue Not Reported on Financial Statements
$17,043
Revenue Not Reported on Form 990
$240,693
Total Revenue per Audited Statements
$2,061,089
Total Revenue per Form 990
$1,837,439
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,474,415
Other Expenses$528,366
Grants and Similar Amounts Paid$79,442
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$760,682$62,428-$823,110
Other Employee Benefits$287,118$70,860-$357,978
Current Officers, Directors, Trustees, and Key Employees-$293,327-$293,327
Fees for Services Legal$163,216$1,833-$165,049
Grants to Domestic Orgs$79,442--$79,442
Conferences and Meetings$60,064$850-$60,914
Travel$22,451$37,096-$59,547
Insurance-$39,040-$39,040
Office Expenses$922$31,021-$31,943
Advertising$5,718$17,925-$23,643
Fees for Services Accounting-$19,240-$19,240
All Other Expenses$5,500$12,552-$18,052
Fees for Service Investment Mgmnt Fees-$17,043-$17,043
Other Expenses$9,695$18,150-$9,695
Fees for Services Other$2,520--$2,520
Total Functional Expenses$1,460,858$621,365$0$2,082,223

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,192,084
Total Expenses per Form 990$2,082,223
Expenses per Audited Statements$2,065,180
Expenses Not Reported on Form 990$126,904
Expenses Not Reported on Financial Statements$17,043
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Uw-plattevillePlatteville, WI115Launch Grant. See Part Iv for Detail.$67,958
Uw-green BayGreen Bay, WI115Champion and Scientist Grant. See Part Iv for Detail.$8,340
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits From Uw System$214,788
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Two (2) members of the board shall be appointed by the wisconsin alumni research foundation; two (2) members of the board shall be appointed by uw system; one (1) shall be a university of wisconsin system chancellor nominated by the uw system president; two (2) university of wisconsin system campus alumni; one (1) president of the wisys technology foundation, inc.; and up to two (2) additional members as elected by the board of trustees.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by wisys finance and the wisys president, an electronic copy of the final version of the form 990 is subsequently provided to the board of trustees for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Wisys president requires that the trustees review the conflict of interest policy and update a conflict of interest questionnaire annually. Wisys reviews conflict matters as disclosed through the annual disclosure and on a rolling basis and considers them in the matter proscribed in its conflict policy. A conflict of interest committee also meets as appropriate to consider conflict situations. All wisys employees sign a conflict of interest agreement. The wisys president, the hr department and the legal council review any conflicts.

Form 990, Part VI, Section B, Line 15A

A) the organization retains an independent human resources consulting firm specializing in compensation activities to review compensation for the president. The consultant works with human resources, but reports to the board chair. B) every three years, most often in april, the consultant provides comparative compensation data to the board chair. C) the board chair reviews a written summary of executive accomplishments for the fiscal year by july 31. This information may be shared with the board. D) the board chair reviews the executive evaluation, president's performance and determines the compensation adjustment. Any increase is effective july 1. E) the outside consultant provides a letter to the board chair describing the consultant's role in establishing the rebuttable presumption of reasonableness standard under the intermediate sanctions regulations and how the consultant provided the analysis to determine the reasonableness of the executive compensation package.

Form 990, Part VI, Section C, Line 19

These documents are not made available.

Filing and Contact Details

Filer

Filer Name
Wisys Technology Foundation Inc
EIN
39-1992463
Phone
6083164037
Address
614 WALNUT STREET 13TH FLOOR, MADISON, WI 53726

Signing Officer

Name
Arjun Sanga
Title
President
Phone
6083164037
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arjun Sanga
Formed
2000
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
11
Employees
33
Volunteers
0

Preparer

Firm
Rsm US Llp
Address
30 SOUTH WACKER DR SUITE 3300, CHICAGO, IL 60606-3392
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

In fiscal year 2023, services provided by wisys are consolidated and recategorized into four major programs: intellectual property & licensing, research development, innovation programs, and venturehome & innovative ventures. The intellectual property & licensing includes a program formerly known as patenting & licensing and faculty & student outreach. Innovation programs include new programs defined by the statement of work and a program formerly known as wisys spark symposium. Venturehome & innovative ventures also include new programs defined by the statement of work and a program formerly known as technology & business development.

Form 990, Part XII, Line 2C

The process has not changed from the prior years.

Financial Statement Notes

PART V, LINE 4:

To preserve and enhance the real purchasing power of the portfolio over a long-term horizon to generate sufficient annual investment returns to fund operations.

PART X, LINE 2:

The foundation is exempt from federal income tax as an organization described in section 501(c)(3) of the internal revenue code. The foundation is also exempt from state income tax. The foundation follows guidance relative to the uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the foundation, and varous positions related to the potential sources of unrelated business taxable income (ubit). Any tax beneifts recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement.

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IRS990/ActivityOrMissionDesc0EMPOWERING UNIVERSITY OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT.
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IRS990/Desc0INTELLECTUAL PROPERTY & LICENSING:THE WISYS TECHNOLOGY FOUNDATION WAS ESTABLISHED IN MARCH 2000. WISYS WAS CREATED BY THE UNIVERSITIES OF WISCONSIN AND THE WISCONSIN ALUMNI RESEARCH FOUNDATION (WARF) TO COMPLY WITH THE BAYH-DOLE ACT AND BE THE DESIGNATED OFFICE FOR INTELLECTUAL PROPERTY MANAGEMENT FOR ALL UW INSTITUTIONS OTHER THAN UW-MADISON. TODAY, WISYS CONTINUES TO PROVIDE INTELLECTUAL PROPERTY MANAGEMENT SERVICES TO COMPLY WITH THE BAYH-DOLE ACT FOR THE 11 UNIVERSITIES OF WISCONSIN REGIONAL CAMPUSES WHILE ALSO PROVIDING SUPPORT SERVICES FOR INNOVATION AND RESEARCH DEVELOPMENT.DURING FISCAL 2022-23, WISYS REVIEWED 44 NEW INVENTION DISCLOSURES RECEIVED FROM UW-SYSTEM FACULTY AND STUDENTS AND ACCEPTED 23 OF THE DISCLOSURES FOR FURTHER STUDY AND PATENTING. DURING FISCAL 2022-23, WISYS APPLIED FOR 10 U.S. PATENTS AND DERIVATIVES. WISYS ALSO APPLIED FOR 0 NEW FOREIGN APPLICATIONS AND DERIVATIVES. IN ADDITION WISYS RECEIVED 7 U.S. ISSUED PATENTS. WISYS COMPLETED 2 NEW LICENSE AND OPTIONS AGREEMENTS AND 0 NEW MATERIAL TRANSFER AGREEMENTS. WISYS OPERATES ITS OFFICES LOCATED AT 614 WALNUT STREET, 13TH FLOOR, MADISON, WISCONSIN WITH 12 PROFESSIONAL STAFF. IN ADDITION, AT JUNE 30, 2023, WISYS HAD 7 AMBASSADORS WORKING THROUGH THE VARIOUS UW CAMPUSES ALONG WITH 2 STUDENT INTERNS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12111351
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE/CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE/VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIR. OF STRATEGY/INNOVATIVE VENTURES
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
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IRS990/FSAuditedInd01
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IRS990/GainOrLossGrp/SecuritiesAmt0-65346
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt01645007
IRS990/GrantAmt079442
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt079442
IRS990/GrantsToDomesticOrgsGrp/TotalAmt079442
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt02891094
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt039040
IRS990/InsuranceGrp/TotalAmt039040
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt081640
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt02414302
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02361665
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01053655
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EMPOWERING UNIVERSITY OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03125646
IRS990/NetAssetsOrFundBalancesEOYAmt02994651
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-65346
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-65346
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0113789
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02768874
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02825750
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031021
IRS990/OfficeExpensesGrp/ProgramServicesAmt0922
IRS990/OfficeExpensesGrp/TotalAmt031943
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt070860
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0287118
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0357978
IRS990/OtherExpensesGrp/Desc0RESEARCH DEVELOPMENT PR
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3INVENTOR SHARES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018150
IRS990/OtherExpensesGrp/ProgramServicesAmt048467
IRS990/OtherExpensesGrp/ProgramServicesAmt115063
IRS990/OtherExpensesGrp/ProgramServicesAmt29695
IRS990/OtherExpensesGrp/TotalAmt048467
IRS990/OtherExpensesGrp/TotalAmt118150
IRS990/OtherExpensesGrp/TotalAmt215063
IRS990/OtherExpensesGrp/TotalAmt39695
IRS990/OtherLiabilitiesGrp/BOYAmt0206691
IRS990/OtherLiabilitiesGrp/EOYAmt0214788
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01882
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01882
IRS990/OtherRevenueTotalAmt01882
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062428
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0760682
IRS990/OtherSalariesAndWagesGrp/TotalAmt0823110
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0200000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0200000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03160
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024979
IRS990/PrincipalOfficerNm0ARJUN SANGA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0LICENSE & SUB REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1WISYS SPARK SYMPOSIUM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0165728
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18528
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165728
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18528
IRS990/ProgSrvcAccomActy2Grp/Desc0INNOVATION PROGRAMS:THE INNOVATION PROGRAMS INCLUDE THE WISCONSIN BIG IDEA TOURNAMENT WHICH WAS ESTABLISHED TO HELP EXTEND THE WISCONSIN ENTREPRENEURIAL ECOSYSTEM TO UNIVERSITY OF WISCONSIN STUDENTS, WITH A GOAL TO IMPROVE THE OVERALL QUALITY OF BUSINESS STARTUP PERFORMANCE, ALONG WITH WISYS SCHOLAR/SCIENTIST AWARDS WHICH ARE DESIGNED TO HELP ACCELERATE THE CYCLE OF DEVELOPMENT AND COMMERCIALIZATION OF APPLIED AND TRANSLATIONAL RESEARCH. THE PROGRAM ALSO INCLUDES 2022 WISYS SPARK SYMPOSIUM (SPARK) WHICH WAS JOINTLY ORGANIZED BY WISYS AND UW-LACROSSE TO BRING TOGETHER INNOVATIVE RESEARCHERS AND STUDENTS FROM THE UNIVERSITIES OF WISCONSIN AND OTHER PUBLIC AND PRIVATE ORGANIZATIONS. SPARK ALLOWS UW REGIONAL INSTITUTIONS TO SHOWCASE THEIR RESEARCH AND TECHNOLOGY DEVELOPMENT AS WELL AS ENGAGE IN DISCUSSIONS FOR DEVELOPMENT OF COLLABORATIVE PARTNERSHIPS WITH OTHER UW RESEARCHERS, STUDENTS AND INDUSTRY PROFESSIONALS FROM AROUND THE STATE. THIS YEAR'S ATTENDANCE IN-PERSON, WITH 198 REGISTRATIONS AND APPROXIMATELY 175 ATTENDEES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0551886
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt08528
IRS990/ProgSrvcAccomActy3Grp/Desc0RESEARCH DEVELOPMENT:THE WISYS RESEARCH DEVELOPMENT PROGRAM (FORMERLY KNOWN AS PRE-AWARD PROGRAM, OR PREP) IS A PROGRAM PILOTED FROM JULY 2017-JUNE 2020 THAT AIMS TO PROVIDE GRANT SUBMISSION SUPPORT TO UW REGIONAL CAMPUSES. THROUGH REGULAR VIRTUAL AND IN-PERSON VISITS, THE RESEARCH DEVELOPMENT STAFF WILL BE AVAILABLE TO HELP BUILD CAPACITY FOR RESEARCH CONDUCTED ON THE REGIONAL CAMPUSES AND FACULTY TO ENRICH UNIVERSITIES OF WISCONSIN RESEARCH AND SCHOLARSHIP AND, ULTIMATELY, THE UNDERGRADUATE STUDENT EXPERIENCE. THREE "FOUNDATIONAL GOALS" DEFINE THIS ACTIVITY: EDUCATING AND COACHING FACULTY GRANT SEEKERS, STRENGTHENING CAMPUS RESEARCH CULTURE, AND DEVELOPING RESEARCH ADMINISTRATOR CAPACITIES. WISYS RESEARCH DEVELOPMENT IS DESIGNED TO BE INCLUSIVE, ENGAGING SENIOR ADMINISTRATORS, RESEARCH ADMINISTRATORS, AND FACULTY FROM ANY DISCIPLINE, HELPING TO BRIDGE GAPS IN KNOWLEDGE AND SKILLS AND IN CULTURE AND MOTIVATION TO SUSTAIN AND GROW LEVELS OF FACULTY INNOVATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0187870
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INNOVATIVE VENTURES:INNOVATIVE VENTURES IS A WISYS PROGRAM TO SUPPORT THE DEVELOPMENT OF SCALEABLE COMPANIES FROM THE INNOVATIONS, IDEAS, AND INTELLECTUAL PROPERTY PRODUCED FROM THE FACULTY, STAFF, STUDENTS, AND ALUMNI OF THE UNIVERSITIES OF WISCONSIN REGIONAL CAMPUSES. A COMPONENT OF INNOVATIVE VENTURES IS THE WISYS VENTUREHOME PROGRAM. IT IS A NETWORK OF STARTUP HUBS ACROSS FIVE CITIES IN THE STATE OF WISCONSIN THAT CONNECTS STATEWIDE RESOURCES WITH LOCAL INITIATIVES TO PROVIDE ENTREPRENEURS ACCESS TO A FULL MENU OF STARTUP RESOURCES IN THEIR LOCAL COMMUNITIES. SOME OF THE CENTRALIZED SERVICES THAT VENTUREHOME OFFERS ARE, A CONCIERGE SERVICE TO THE LARGER STATE-WIDE ECOSYSTEM, ENTREPRENEUR TOOLKITS, ACCESS TO RESEARCH AND TECHNOLOGIES COMING OUT OF THE UNIVERSITY OF WISCONSIN SYSTEM, INTELLECTUAL PROPERTY AND LEGAL STRATEGY ASSISTANCE, AND SEED FUNDING. IN ADDITION, EACH LOCAL VENTUREHOME PROVIDES SERVICES SUCH AS CO-WORKING SPACE, ACCESS TO UW EVENTS AND RESOURCES, AND LOCAL MENTORS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt025070
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01412496
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0104187
IRS990/PYInvestmentIncomeAmt0136685
IRS990/PYOtherExpensesAmt0474144
IRS990/PYOtherRevenueAmt012
IRS990/PYProgramServiceRevenueAmt0524411
IRS990/PYRevenuesLessExpensesAmt0244099
IRS990/PYSalariesCompEmpBnftPaidAmt01251174
IRS990/PYTotalExpensesAmt01829505
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02073604
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-244784
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0165728
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0417392
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0449819
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION SUPPORTS THE UNIVERSITY OF WISCONSIN SYSTEM CAMPUSES BY PROVIDING TECHNOLOGY TRANSFER SERVICES, PROTECTION OF TECHNOLOGY FOR UW SYSTEM'S FACULTY DISCOVERIES VIA PATENTS OR OTHER METHODS, AND NEGOTIATION OF LICENSING AGREEMENTS ON BEHALF OF THE UW SYSTEM. THE ORGANIZATION PROVIDES ITS SUPPORT VIA GRANTS AND SERVICES THAT SUPPORT THE UW SYSTEM PROGRAMS AS DESCRIBED IN FORM 990, PART III, ITEM 4.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1UW SYSTEM IS GUARANTEED TO HAVE 3 TRUSTEES OF A MINIMUM OF 8 TOTAL BOARD OF TRUSTEES FOR WISYS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, ITEM 1C:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, ITEM 3:
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IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0391805963
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF WISCONSIN SYSTEM
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0579836
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt063030
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0687512
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt044646
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0593092
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt077324
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0579836
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-90580
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0305638
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0162304
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0593092
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0125150
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0126904
IRS990ScheduleD/DonatedServicesUseFcltsAmt0126904
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0126904
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt017043
IRS990ScheduleD/ExpensesSubtotalAmt02065180
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt017043
IRS990ScheduleD/InvestmentExpensesNotIncldAmt017043
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0113789
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0214788
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS FROM UW SYSTEM
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.24$0.89$2.35$2.58$3.10$0.52
2024Detailed filing. Detailed filing data is available for this year.$3.81$1.24$2.56$2.03$2.58$0.55
2023Detailed filing. Detailed filing data is available for this year.$3.84$0.85$2.99$1.84$2.08$0.24
2022Detailed filing. Detailed filing data is available for this year.$3.95$0.82$3.13$2.07$1.83$0.24
2021Detailed filing. Detailed filing data is available for this year.$4.24$0.92$3.32$1.31$2.05$0.75
2020Detailed filing. Detailed filing data is available for this year.$4.77$1.01$3.76$1.09$1.99$0.90
2019Detailed filing. Detailed filing data is available for this year.$5.47$0.81$4.67$3.11$1.88$1.23
2018Detailed filing. Detailed filing data is available for this year.$4.19$0.79$3.41$0.82$1.57$0.75
2017Detailed filing. Detailed filing data is available for this year.$4.89$0.73$4.16$0.95$1.39$0.44
2016Detailed filing. Detailed filing data is available for this year.$5.36$0.76$4.60$0.81$1.34$0.53
2015Detailed filing. Detailed filing data is available for this year.$5.83$0.70$5.13$5.63$1.28$4.35
2014Detailed filing. Detailed filing data is available for this year.$1.51$0.74$0.78$1.12$1.12$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.85$0.75$0.76$1.00$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.94$0.98$0.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.79$1.01$0.82