Overview
What is Wiscnet?
Wiscnet is a nonprofit organization based in Madison, Wisconsin, with a mission to foster education, research, economic development, and public service. They achieve this by facilitating the exchange of information among their members through advanced digital communication technologies. Wiscnet supports approximately 500 not-for-profit member-institutions in Wisconsin, which provide K-20 education and research, library services, local government, museum services, and healthcare. The network aims to encourage collaborative instruction, research, economic development, and public service, offering access to regional and national networks, and ultimately empowering members to utilize the network's full potential to enhance instruction, research, and public service across the state.
Official website here: www.wiscnet.net
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
Wiscnet has achieved a high rating of 96%, indicating strong accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, demonstrating that the organization excels in managing its resources responsibly. Wiscnet features an independent board and complies with various governance policies, ensuring transparency and ethical practices.
The nonprofit’s financial indicators reflect a healthy program expense ratio of over 75%, suggesting that a significant proportion of its funds are directed towards its programs rather than administrative costs. However, it's important to note that the organization has not been scored on Impact & Measurement, Culture & Community, or Leadership & Adaptability, which might limit a comprehensive understanding of its overall effectiveness.
As of now, user feedback from GreatNonprofits was unavailable, but the high rating from Charity Navigator suggests a generally positive standing in terms of operational accountability. Potential donors and stakeholders may want to consider reaching out directly to learn more about the organization's impact beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Wiscnet legitimate?
Wiscnet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wiscnet 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: $754,603
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,332,525
For more financial information, click here
Official website here: www.wiscnet.net
What is the mission statement of Wiscnet?
Wiscnet, as a research and education network, aims to empower its members to utilize high-speed digital communication technologies to enhance instruction, research, and public service across various sectors. Its primary goal is to facilitate the exchange of information among its members and assist them in gaining access to scientific and educational resources. Wiscnet provides data networking services to approximately 500 not-for-profit member-institutions in Wisconsin, which in turn offer K-20 education and research, library services, local government, museum services, and healthcare. As a result, over one million individuals, such as students, faculty, staff, patrons, officials, and citizens, benefit from Wiscnet's services.
Official website here: www.wiscnet.net
Who is the CEO of Wiscnet?
David Lois is the Chairperson of Wiscnet. The CEO's salary of Wiscnet is $267,620 and their total compensation is $317,908.
Official website here: www.wiscnet.net
What is the revenue of Wiscnet?
Wiscnet's revenue in 2023 was $9,685,044.
Official website here: www.wiscnet.net
Who are the executives of Wiscnet and what are their salaries?
There 10 volunteers at Wiscnet.
Here are 17 key members and their salaries (Wiscnet's CEO's salary is $267,620 and their total compensation is $317,908):
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- Compensation: $267,620
- Related: $0
- Other: $50,288
- Compensation: $173,230
- Related: $0
- Other: $40,797
- Compensation: $172,434
- Related: $0
- Other: $17,650
- Compensation: $128,976
- Related: $0
- Other: $20,928
- Compensation: $126,982
- Related: $0
- Other: $36,044
- Compensation: $107,307
- Related: $0
- Other: $25,911
- Compensation: $103,579
- Related: $0
- Other: $18,416
Official website here: www.wiscnet.net
Where can I find the form 990 for Wiscnet?
Wiscnet's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wiscnet.net
Learn more at the official website: www.wiscnet.net
Mission Statement of Wiscnet
Wiscnet, a product of Wisconsin Idea, is a research and education network with a mission to empower its members to harness the full potential of high-speed digital communication techniques. This Wisconsin-based organization aims to enhance instruction, research, and public service across the state by facilitating the exchange of information among its members and assisting them in accessing scientific and educational resources. Wiscnet serves approximately 500 not-for-profit member institutions operating in Wisconsin, which in turn provide K-20 education and research, library services, local government, museum services, and healthcare. The network's primary program service benefits an estimated one million individuals, including students, faculty, staff, patrons, officials, citizens, and more. By offering research and education data networking services, Wiscnet plays a vital role in advancing education, research, economic development, and public service within its member institutions.
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Impact
July, 2024
Wiscnet's impact lies in its ability to facilitate the exchange of information among its members through high-speed digital communication techniques. By providing research and education data networking services to 500 not-for-profit member institutions in Wisconsin, Wiscnet supports collaborative instruction, research, economic development, and public service. Approximately one million individuals benefit from these services, including students, faculty, staff, patrons, officials, and citizens.
Through its efforts, Wiscnet empowers its members to leverage the full power of the network to enhance instruction, research, and public service across the state. This contributes to advancing education, research, economic development, and public service initiatives in Wisconsin.
This information is meant to be a general summary of Wiscnet. 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 2023.
- Investment Income: $233,202
- Program Service Revenue: $9,449,414
- Gross Receipts: $18,564,476
Assets and Liabilities:
- Total Assets: $21,322,044
- Total Liabilities: $531,515
- Net Assets: $20,790,529
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NETWORK SERVICES REVENUE
Revenue
$6,629,679
SECURITY SERVICES REVENUE
Revenue
$1,784,544
MEMBERSHIP SERVICES REVENUE
Revenue
$1,035,191
Organization Details
Founding Year
1990
Phone
(608) 442-6761Principal Officer
David Lois
Main Address
605 SCIENCE DRIVE, MADISON, WI, 53711
Website
www.wiscnet.netNTEE Category
Code: U41C - Science research
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