WISCONSIN PUBLIC RADIO ASSOCIATION INC (EIN 237363536) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

ERIC GREILING

Phone

8007477444

Tax Period

2024-07-01 to 2025-06-30

WISCONSIN PUBLIC RADIO ASSOCIATION INC, founded in 1974, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $17.1M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.6M, a strong 33% operating margin.

Mission

THE WISCONSIN PUBLIC RADIO ASSOCIATION FURTHERS THE OBJECTIVES OF WISCONSIN PUBLIC RADIO BY: (1) SOLICITING CONTRIBUTIONS, (2) PROVIDING INFORMATION TO WPR AUDIENCES, (3) PROMOTING AND SUPPORTING PUBLIC RADIO BROADCASTING IN THE STATE OF WISCONSIN DIGITALLY AND ON THIRTY NINE (39) STATIONS, AND (4) DISTRIBUTING TO THE LICENSEES A PORTION OF FUNDS COLLECTED FROM ASSOCIATION MEMBERS AND OTHERS TO SUPPORT THE PROGRAMMING OPERATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,833,514

Program Service Revenue $5,715

Investment Income $1,211,574

Other Revenue $0

TOTAL REVENUE $17,050,803

Expense Breakdown

Grants Paid $834,358

Salaries & Benefits $1,554,994

Fundraising Expenses $2,704,029

Program Expenses $8,442,582

Other Expenses $8,801,300

TOTAL EXPENSES $11,481,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,050,803	$13,002,122	+0.3%
Expenses	$11,481,528	$11,412,232	+0.0%
Net Income	$5,569,275	$1,589,890	+2.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$25,548

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY CHRISTIANSON	CHAIR	5.00	Officer Director	$0	$0	$0
PETER LUNDBERG	VICE CHAIR	2.00	Officer Director	$0	$0	$0
NICHOLAS ABTS	TREASURER	2.00	Officer Director	$0	$0	$0
ERIC GREILING	EXECUTIVE DIRECTOR OF WPRA	10.00	Officer	$19,023	$6,525	$25,548
PAT HEIM	SECRETARY	2.00	Officer Director	$0	$0	$0
SARAH ASHWORTH	LICENSEE REPRESENTATIVE	1.00	Officer Director	$0	$0	$0
NILES BERMAN	DIRECTOR	1.00	Director	$0	$0	$0
TARA BERGESON	DIRECTOR	1.00	Director	$0	$0	$0
MIRIAM BRABHAM	DIRECTOR	1.00	Director	$0	$0	$0
DEDE ECKELS	DIRECTOR	1.00	Director	$0	$0	$0
OMAR GRANADOS	DIRECTOR	1.00	Director	$0	$0	$0
MAI LO LEE	DIRECTOR	1.00	Director	$0	$0	$0
JANAN NAJEEB	DIRECTOR	1.00	Director	$0	$0	$0
FRAN RAUSCHER	DIRECTOR	1.00	Director	$0	$0	$0
MANDY ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE STUART	DIRECTOR	1.00	Director	$0	$0	$0
PAUL STURGUL	DIRECTOR	1.00	Director	$0	$0	$0
SHAUNA SINGH BALDWIN	DIRECTOR	1.00	Director	$0	$0	$0
STACY WIGFIELD	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$17,050,803	$11,481,528	$22,325,097	$5,569,275
2024	$13,002,122	$11,412,232	$16,341,778	$1,589,890
2023	$12,775,655	$12,329,458	$13,567,543	$446,197
2022	$13,336,665	$11,533,465	$11,978,603	$1,803,200
2021	$12,302,250	$10,173,219	$12,483,447	$2,129,031
2020	$11,638,307	$10,452,982	$9,268,907	$1,185,325
2020	$11,638,307	$10,452,982	$9,268,907	$1,185,325
2019	$10,960,592	$10,246,580	$8,311,380	$714,012

WISCONSIN PUBLIC RADIO ASSOCIATION INC