Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Wisys Technology Foundation Inc.
990 • Fiscal year 2024 • EIN 39-1992463
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.33x
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 14.8% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Balance Sheet
Assets
Down$3,805,998
Down $37,592 (-1.0%) from 2023
Net Assets
Down$2,563,981
Down $430,670 (-14%) from 2023
Liabilities
Up$1,242,017
Up $393,078 (+46%) from 2023
Revenue And Expenses
Revenue
Up$2,032,663
Up $195,224 (+11%) from 2023
Expenses
Up$2,581,624
Up $499,401 (+24%) from 2023
Net Income
Down-$548,961
Down $304,177 (-124%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Nov 4, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $4,706,627
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $2,361,665 | $2,382,052 | ▲ $20,387 |
| Cash and Non-Interest-Bearing Accounts | $727,649 | $795,492 | ▲ $67,843 |
| Pledges and Grants Receivable | $200,000 | $232,693 | ▲ $32,693 |
| Savings and Temporary Cash Investments | $449,819 | $214,149 | ▼ $235,670 |
| Accounts Receivable | $79,478 | $152,363 | ▲ $72,885 |
| Prepaid Expenses and Deferred Charges | $24,979 | $29,249 | ▲ $4,270 |
| Total Assets | $3,843,590 | $3,805,998 | ▼ $37,592 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $617,651 | $651,850 | ▲ $34,199 |
| Deferred Revenue | $16,500 | $361,935 | ▲ $345,435 |
| Other Liabilities | $214,788 | $228,232 | ▲ $13,444 |
| Total Liabilities | $848,939 | $1,242,017 | ▲ $393,078 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,825,750 | $2,563,981 | ▼ $261,769 |
| Net Assets With Donor Restrictions | $168,901 | $0 | ▼ $168,901 |
| Total Net Assets Fund Balance | $2,994,651 | $2,563,981 | ▼ $430,670 |
| Total Liabilities and Net Assets / Fund Balance | $3,843,590 | $3,805,998 | ▼ $37,592 |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $687,512 | $33,973 | ▲ $12,785 | - | $734,270 |
| 2023 | $579,836 | $63,030 | ▲ $44,646 | - | $687,512 |
| 2022 | $593,092 | $77,324 | ▼ $90,580 | - | $579,836 |
| 2021 | $305,638 | $162,304 | ▲ $125,150 | - | $593,092 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Arjun Sanga | President | FT | $246,850 | $53,777 | $300,627 |
| Adhira Sunkara | Director of Strategy/innovative Ventures | FT | $120,458 | $39,876 | $160,334 |
Board Members and Trustees
| Name | Title |
|---|---|
| David Ward | Trustee/chair |
| Tomas Stafford | Trustee/vice Chair |
| Carol Dahl | Trustee |
| Jeff Buhrandt | Trustee |
| Jennifer Gottwald | Trustee |
| Katherine Frank | Trustee |
| Melissa Sherman | Trustee |
| Michael Alexander | Trustee |
| Tim Donohue | Trustee |
| Deborah Ford | Trustee (until 7/1/23) |
| Tom Still | Trustee (until 7/1/23) |
| David Brukardt | Trustee/secretary |
| Erik Iverson | Trustee/treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $1,947,416
- Program Service Revenue
- $157,940
- Investment Income
- $-73,597
- Other Revenue
- $904
- Change in Net Assets
- $-548,961
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $2,014,937
- Revenue Not Reported on Financial Statements
- $17,726
- Revenue Not Reported on Form 990
- $250,272
- Total Revenue per Audited Statements
- $2,265,209
- Total Revenue per Form 990
- $2,032,663
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,783,590 |
| Other Expenses | $673,118 |
| Grants and Similar Amounts Paid | $124,916 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $937,632 | $106,783 | - | $1,044,415 |
| Other Employee Benefits | $353,092 | $81,894 | - | $434,986 |
| Current Officers, Directors, Trustees, and Key Employees | - | $304,189 | - | $304,189 |
| Fees for Services Legal | $174,621 | $408 | - | $175,029 |
| Grants to Domestic Orgs | $124,916 | - | - | $124,916 |
| Travel | $35,922 | $31,109 | - | $67,031 |
| Conferences and Meetings | $63,320 | $1,488 | - | $64,808 |
| Insurance | - | $63,505 | - | $63,505 |
| Fees for Services Other | $16,223 | $30,729 | - | $46,952 |
| Office Expenses | $605 | $36,379 | - | $36,984 |
| Advertising | $4,943 | $19,378 | - | $24,321 |
| Fees for Services Accounting | - | $22,810 | - | $22,810 |
| Fees for Service Investment Mgmnt Fees | - | $17,726 | - | $17,726 |
| Other Expenses | $37,000 | $16,279 | - | $16,279 |
| All Other Expenses | $12,102 | $2,343 | - | $14,445 |
| Total Functional Expenses | $1,835,819 | $745,805 | $0 | $2,581,624 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,695,879 |
| Total Expenses per Form 990 | $2,581,624 |
| Expenses per Audited Statements | $2,563,898 |
| Expenses Not Reported on Form 990 | $131,981 |
| Expenses Not Reported on Financial Statements | $17,726 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Uw-madison | Madison, WI | 115 | Nsf Engine Subrecipient | $24,416 |
| Uw-la Crosse | La Crosse, WI | 115 | Nsf Engine Subrecipient | $23,761 |
| Wi Technology Council | Madison, WI | 115 | Nsf Engine Subrecipient | $19,750 |
| Uw-milwaukee | Milwaukee, WI | 115 | Nsf Engine Subrecipient | $16,683 |
| Uw-oshkosh | Oshkosh, WI | 115 | Nsf Engine Subrecipient | $15,415 |
| Uw-green Bay | Green Bay, WI | 115 | Nsf Engine Subrecipient | $14,905 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
| Liability | Amount |
|---|---|
| Deposits From Uw System | $228,232 |
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 prescribed in its conflict of interest 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 101, MADISON, WI 53726
Signing Officer
- Name
- Arjun Sanga
- Title
- President
- Phone
- 6083164037
- Signed
- 2024-11-04
- 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
- 31
- 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 2
“Wisconsin forward agriculture: this regional innovation engines development award is focused on building a connected ecosystem to support sustainable and resilient agriculture innovation across wisconsin using wisys venturehome as the platform for regional, collaborative, innovative activity.”
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 various positions related to the potential sources of unrelated business taxable income (ubit). Any tax benefits 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.”
Raw XML AppendixShowing 400 of 688 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | EMPOWERING UNIVERSITY OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT. |
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| IRS990/Desc | 0 | INTELLECTUAL PROPERTY & LICENSING:THE WISYS TECHNOLOGY FOUNDATION WAS ESTABLISHED IN MARCH 2000 TO PROVIDE TECHNOLOGY TRANSFER SERVICES FOR THE UNIVERSITIES OF WISCONSIN (UW) CAMPUSES EXCLUDING THE UNIVERSITY OF WISCONSIN-MADISON AND UW-MILWAUKEE.DURING FISCAL 2023-24, WISYS REVIEWED 60 NEW INVENTION DISCLOSURES RECEIVED FROM UW-SYSTEM FACULTY AND STUDENTS AND ACCEPTED 14 OF THE DISCLOSURES FOR FURTHER STUDY AND PATENTING. DURING FISCAL 2023-24, WISYS APPLIED FOR 18 U.S. PATENTS AND DERIVATIVES. WISYS ALSO APPLIED FOR 5 NEW FOREIGN APPLICATIONS AND DERIVATIVES. IN ADDITION, WISYS RECEIVED 9 U.S. ISSUED PATENTS. WISYS COMPLETED 0 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 14 PROFESSIONAL STAFF. IN ADDITION, AT JUNE 30, 2024, WISYS HAD 5 AMBASSADORS WORKING THROUGH THE VARIOUS UW CAMPUSES ALONG WITH 6 STUDENT INTERNS.WISYS ACTS AS A DESIGNATED TECHNOLOGY TRANSFER OFFICE PROVIDING SERVICES TO 11 REGIONAL UW INSTITUTIONS. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 120612 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE (UNTIL 7/1/23) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE (UNTIL 7/1/23) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE/CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE/VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE/SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIR. OF STRATEGY/INNOVATIVE VENTURES |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2000 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -163841 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GovernmentGrantsAmt | 0 | 1947416 |
| IRS990/GrantAmt | 0 | 4435 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 124916 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 124916 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 2510123 |
| IRS990/GrossReceiptsAmt | 0 | 4706627 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 63505 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 63505 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 90244 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 90244 |
| IRS990/InvestmentInJointVentureInd | 0 | 1 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2361665 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2382052 |
| IRS990/IRPDocumentCnt | 0 | 26 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 2673964 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | EMPOWERING UNIVERSITY OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2563981 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -163841 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -163841 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 118291 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2825750 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2563981 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 36379 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 605 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 36984 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 81894 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 353092 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 434986 |
| IRS990/OtherExpensesGrp/Desc | 0 | RESEARCH DEVELOPMENT PR |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 2 | WEDC - OPERATING EXP |
| IRS990/OtherExpensesGrp/Desc | 3 | PROFESSIONAL DEVELOPMEN |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10785 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 16279 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 48859 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 26584 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 37000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 48859 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 37369 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 37000 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 16279 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 214788 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 228232 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 904 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 904 |
| IRS990/OtherRevenueTotalAmt | 0 | 904 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 106783 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 937632 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1044415 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 200000 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 232693 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 24979 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 29249 |
| IRS990/PrincipalOfficerNm | 0 | ARJUN SANGA |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LICENSE & SUB REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | WISYS SPARK SYMPOSIUM |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 132445 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 25495 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 132445 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 25495 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | INNOVATION PROGRAMS:THE INNOVATION PROGRAMS ARE EVENTS AND COMPETITIONS GEARED TOWARDS HONING INNOVATION, ENTREPRENEURSHIP, AND RESEARCH SKILLS. THIS INCLUDES FOUR KEY PROGRAMS: 1)THE WISYS BIG IDEA TOURNAMENT HELPS EXTEND THE WISCONSIN ENTREPRENEURIAL ECOSYSTEM TO UW STUDENTS, WITH A GOAL TO IMPROVE THE OVERALL QUALITY OF BUSINESS STARTUP PERFORMANCE. 2) INNOVATION ON-RAMP, A 5-WEEK HYBRID COURSE, HELPS UW STUDENTS DEVELOP AN INNOVATIVE THINKING MINDSET AND LEARN HOW TO EVALUATE THE MARKET POTENTIAL OF AN IDEA. 3) WISYS QUICK PITCH IS A RESEARCH-FOCUSED STUDENT PITCH COMPETITION THAT INSPIRES UW STUDENTS TO CONSIDER THE IMPACT OF THEIR RESEARCH AND LEARN HOW TO EFFECTIVELY COMMUNICATE IT TO A GENERAL AUDIENCE IN THREE MINUTES. 4) THE ANNUAL WISYS SPARK SYMPOSIUM (SPARK) WAS JOINTLY HOSTED BY WISYS AND UW-OSHKOSH IN 2023 TO BRING TOGETHER INNOVATIVE RESEARCHERS AND STUDENTS FROM THE UNIVERSITIES OF WISCONSIN AND OTHER PUBLIC AND PRIVATE ORGANIZATIONS. SPARK ALLOWS UW INSTITUTIONS TO SHOWCASE THEIR RESEARCH AND TECHNOLOGY DEVELOPMENT AS WELL AS ENGAGE IN DISCUSSIONS FOR DEVELOPMENT OF COLLABORATIVE PARTNERSHIPS WITH OTHER UW CAMPUS RESEARCHERS, STUDENTS AND INDUSTRY PROFESSIONALS FROM AROUND THE STATE. THIS YEAR'S IN-PERSON ENGAGEMENT INCLUDED 213 REGISTRATIONS AND APPROXIMATELY 179 ATTENDEES. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 512904 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 25495 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | RESEARCH DEVELOPMENT:THE WISYS RESEARCH DEVELOPMENT PROGRAM AIMS TO PROVIDE GRANT PREPARATION AND WRITING SUPPORT TO UNIVERSITIES OF WISCONSIN REGIONAL CAMPUSES (UW REGIONAL CAMPUSES).THROUGH REGULAR VIRTUAL AND IN-PERSON VISITS, THE RESEARCH DEVELOPMENT MANAGER AND ASSOCIATES PROVIDE INFORMATION AND EXPERTISE ABOUT GRANT APPLICATION AND PROPOSAL PREPARATION FOR FACULTY TO ENRICH UW REGIONAL CAMPUSES RESEARCH AND SCHOLARSHIP AND, ULTIMATELY, THE UNDERGRADUATE STUDENT EXPERIENCE. WISYS RESEARCH DEVELOPMENT IS DESIGNED TO BE INCLUSIVE, ENGAGING FACULTY FROM ANY DISCIPLINE, HELPING TO BRIDGE GAPS IN KNOWLEDGE AND SKILLS IN ORDER TO SUPPORT UW REGIONAL CAMPUSES AS THEY SUSTAIN AND GROW THEIR RESEARCH ENTERPRISE. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 292791 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | INNOVATIVE VENTURES:WISYS VENTUREHOME IS AN IMPORTANT COMPONENT OF THE INNOVATIVE VENTURE'S DIVISION THAT IS A NETWORK OF STARTUP HUBS ACROSS SIX 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 ACCESS TO THE LARGER STATE-WIDE ECOSYSTEM, ENTREPRENEUR TOOLKITS, ACCESS TO RESEARCH AND TECHNOLOGIES COMING OUT OF THE UNIVERSITIES OF WISCONSIN, INTELLECTUAL PROPERTY AND LEGAL STRATEGY ASSISTANCE, AND SEED FUNDING. IN ADDITION, VENTUREHOME CONNECT IS A DIGITAL COMMUNITY TO PROVIDE ONLINE SUPPORT FOR ENTREPRENEURS, INCLUDING CONNECTIONS TO MENTORS STATE-WIDE. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 1 | WISCONSIN FORWARD AGRICULTURE:THIS REGIONAL INNOVATION ENGINES DEVELOPMENT AWARD IS FOCUSED ON BUILDING A CONNECTED ECOSYSTEM TO SUPPORT SUSTAINABLE AND RESILIENT AGRICULTURE INNOVATION ACROSS WISCONSIN USING WISYS VENTUREHOME AS THE PLATFORM FOR REGIONAL, COLLABORATIVE, INNOVATIVE ACTIVITY. THE AGRICULTURAL SECTOR IN WISCONSIN IS A SOURCE OF STRENGTH, CONTRIBUTING $104.8 BILLION ANNUALLY TO WISCONSIN'S ECONOMY AND 11.8 PERCENT OF THE WORKFORCE. AN INNOVATION ENGINE DEDICATED TO SUSTAINABLE AGRICULTURE ACROSS WISCONSIN WILL ADDRESS GLOBAL AND REGIONAL CHALLENGES OF FEEDING 10 BILLION BY 2050 WHILE NURTURING HEALTHY ECOSYSTEMS AND SUPPORTING SUSTAINABLE LAND, WATER, AND ENERGY MANAGEMENT. THIS ENGINE DEVELOPMENT AWARD BUILDS ON A PARTNERSHIP BETWEEN THE INNOVATION AND TECHNOLOGY MANAGEMENT OFFICES OF THE UNIVERSITY OF WISCONSIN (UW) SYSTEM - WISYS, WISCONSIN ALUMNI RESEARCH FOUNDATION (WARF), AND UW-MILWAUKEE RESEARCH FOUNDATION (UWMRF). THE AWARD WILL LEVERAGE THE WISYS VENTUREHOME NETWORK TO PROVIDE WISCONSIN'S PHYSICAL AND DIGITAL INFRASTRUCTURE TO ACCOMPLISH THESE GOALS AND FACILITATE COLLABORATION AMONG NEW AND EXISTING COLLABORATORS ACROSS ACADEMIA, INDUSTRY, GOVERNMENT, NONPROFITS, INVESTORS, AND FARMERS. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 125014 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 1 | 256994 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 1 | 120482 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 1 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1645007 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 79442 |
| IRS990/PYInvestmentIncomeAmt | 0 | 16294 |
| IRS990/PYOtherExpensesAmt | 0 | 528366 |
| IRS990/PYOtherRevenueAmt | 0 | 1882 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 174256 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -244784 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1474415 |
| IRS990/PYTotalExpensesAmt | 0 | 2082223 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1837439 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -548961 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 132445 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 449819 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 214149 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd | 0 | X |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd | 0 | 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | UW SYSTEM IS GUARANTEED TO HAVE 3 TRUSTEES OF A MINIMUM OF 8 TOTAL BOARD OF TRUSTEES FOR WISYS. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | THE 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/FormAndLineReferenceDesc | 0 | PART IV, SECTION D, ITEM 3: |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | PART IV, SECTION E, ITEM 1C: |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 391805963 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | UNIVERSITY OF WISCONSIN SYSTEM |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType3FuncIntInd | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 1.00000 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 687512 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 33973 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $3,805,998
- Liabilities
- $1,242,017
- Net assets
- $2,563,981
- Revenue
- $2,032,663
- Expenses
- $2,581,624
- Net income
- -$548,961