Overview
What is Wisconsin Library Services Inc?
Wisconsin Library Services Inc is a cooperative organization, serving as a consortium of members, primarily based in Wisconsin. Their primary mission is to save time and money for their members while leveraging the collective buying power of the membership base. By negotiating pricing for various online resources and other products, managing subscriptions to online resources, identifying new products, and cultivating relationships with vendors, they aim to provide valuable services to their members. Their areas of focus include digital content, resource sharing, collaborative project development and management, in-service training, and other cooperative activities. Their ultimate goal is to help libraries, cultural institutions, and their partners make the world a better place by enabling them to accomplish more with their resources.
Official website here: www.wils.org
What are the reviews and ratings of this charity?
Wisconsin Library Services Inc has received an impressive four-star rating from Charity Navigator, scoring 96%. The score is based solely on the organization's accountability and finance, highlighting their transparency and financial health. This rating indicates strong operational oversight and responsible management of resources.
The nonprofit excels in governance, boasting a fully independent board, which enhances their credibility. They have a comprehensive set of policies in place for conflict of interest, whistleblower protection, and document retention. Financially, their liabilities to assets ratio is healthy, and their program expense ratio of 96.39% reflects a high commitment to their stated mission, demonstrating efficient use of funds.
The organization is noted for maintaining a robust financial oversight system, with clear and transparent actions preserving donor trust. Key personnel compensation appears reasonable and aligned with industry standards. However, the lack of user reviews on platforms such as GreatNonprofits leaves a gap in stakeholder feedback, missing an opportunity for public engagement insights and qualitative community impact reports.
This AI summary has been generated from information found on Charity Navigator.
Is Wisconsin Library Services Inc legitimate?
Wisconsin Library Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Library Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $162,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $949,178
For more financial information, click here
Official website here: www.wils.org
What is the mission statement of Wisconsin Library Services Inc?
Wisconsin Library Services Inc, as a consortium of members, aims to enhance their capabilities in areas such as digital content, resource sharing, collaborative project development, and management, and in-service training, among other cooperative activities. Their mission is to believe in the transformative power of libraries, cultural institutions, and their partners in making the world a better place. They build relationships and provide services to help these entities maximize their time and resources. Through their cooperative purchasing program, WISL saves members time and money by leveraging the buying power of their statewide membership base, negotiating pricing for various online resources and products, managing subscriptions to online resources, identifying new products, and maintaining relationships with vendors on behalf of their members.
Official website here: www.wils.org
What is the revenue of Wisconsin Library Services Inc?
Wisconsin Library Services Inc's revenue in 2024 was $12,219,014.
Official website here: www.wils.org
Who are the executives of Wisconsin Library Services Inc and what are their salaries?
There 36 volunteers at Wisconsin Library Services Inc.
Here are 15 key members and their salaries:
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- Compensation: $105,158
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- Compensation: $56,160
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Official website here: www.wils.org
Where can I find the form 990 for Wisconsin Library Services Inc?
Wisconsin Library Services Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wils.org
Learn more at the official website: www.wils.org
Mission Statement of Wisconsin Library Services Inc
Wisconsin Library Services Inc, a consortium of members, believes in the transformative power of libraries, cultural institutions, and their partners in making the world a better place. Their mission is to foster relationships and provide services that enable these entities to maximize their time and resources effectively. By doing so, they help their members turn their ideas into action.
Wisconsin Library Services Inc operates with the conviction that cooperative activities and collaborative projects can lead to significant outcomes. They offer services in digital content, resource sharing, project development, and management, as well as in-service training. The organization's Co-op Services, such as the Wisconsin Library Services Cooperative Purchasing Program, are designed to save members time and money by leveraging the buying power of a statewide membership base. They negotiate pricing for various online resources and other products, manage subscriptions to online resources, identify new products, and establish and maintain relationships with vendors on behalf of their members.
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Impact
October, 2024
Wisconsin Library Services Inc significantly enhances the efficiency and effectiveness of libraries and cultural institutions across the state. By offering a robust consortium model, it provides invaluable services in key areas such as digital content, resource sharing, and collaborative project development. The cooperative purchasing program exemplifies their commitment to maximizing the buying power of its statewide membership, allowing libraries to save time and money while accessing a diverse range of online resources and products.
Through strategic negotiation and management of subscriptions, Wisconsin Library Services fosters relationships with vendors, ensuring that its members can obtain necessary resources at competitive prices. This not only streamlines procurement processes for libraries but also supports their operational capabilities, enabling them to focus on delivering quality services to their communities.
Moreover, the emphasis on in-service training and collaborative activities empowers libraries to build relationships and turn innovative ideas into actionable projects. In doing so, Wisconsin Library Services Inc plays a crucial role in strengthening the overall landscape of education and cultural enrichment in Wisconsin, ultimately making the community more informed and engaged.
This information is meant to be a general summary of Wisconsin Library Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $71,590
- Program Service Revenue: $11,974,948
- Gross Receipts: $12,219,014
Assets and Liabilities:
- Total Assets: $3,692,310
- Total Liabilities: $1,264,553
- Net Assets: $2,427,757
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CO-OP LICENSE PROGRAM FEES
Revenue
$11,065,630
CONSULTING & PROJECT MANAGEMENT
Revenue
$370,909
CONSORTIAL MANAGEMENT
Revenue
$353,107
MEMBERSHIP FEES
Revenue
$183,752
Organization Details
Founding Year
1972
Principal Officer
Jennifer Chamberlain
Website
www.wils.orgNTEE Category
Code: B70 - Education
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