WCIJ INC

EIN: 262143608 501(c)(3) Arts, Culture & Humanities

MADISON, WI

Total Revenue
$3,907,685
Total Expenses
$2,492,617
Total Assets
$3,201,417
Net Assets
$3,093,555
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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
2008
Legal Domicile
WI
Principal Officer
GEORGE STANLEY
Phone
6082623642
Tax Period
2024-01-01 to 2024-12-31

WCIJ INC, founded in 2008, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 36% operating margin.

Mission

OUR MISSION IS TO INCREASE THE QUALITY, QUANTITY AND UNDERSTANDING OF INVESTIGATIVE JOURNALISM TO FOSTER AN INFORMED CITIZENRY AND STRENGTHEN DEMOCRACY.

Program Service Accomplishments

Program 1
Expenses: $1,736,330 Revenue: $8,621

LAUNCHED IN 2009, WISCONSIN WATCH IS A RELIABLE AND TRUSTED SOURCE FOR REPORTING INFORMATIVE AND EMPOWERING NEWS ABOUT OUR STATE. WISCONSIN WATCH AIMS TO REBUILD LOCAL JOURNALISM ACROSS THE STATE BY...

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LAUNCHED IN 2009, WISCONSIN WATCH IS A RELIABLE AND TRUSTED SOURCE FOR REPORTING INFORMATIVE AND EMPOWERING NEWS ABOUT OUR STATE. WISCONSIN WATCH AIMS TO REBUILD LOCAL JOURNALISM ACROSS THE STATE BY COLLABORATING, NOT COMPETING, WITH OTHER NONPARTISAN LOCAL NEWS ORGANIZATIONS. SINCE OUR FOUNDING, WE HAVE WORKED CLOSELY WITH UNIVERSITIES, COLLEGES, AND EDUCATIONAL INSTITUTIONS TO RIGOROUSLY TRAIN THE NEXT GENERATION OF JOURNALISTS. WISCONSIN WATCH HAS A HISTORY OF PROVIDING FACT-BASED, NONPARTISAN REPORTING THAT SERVES THE PUBLIC AND STRENGTHENS DEMOCRACY. OUR SOLUTIONS-FOCUSED JOURNALISM SHINES A LIGHT ON ISSUES LIKE SOCIAL JUSTICE, THE ECONOMY, LOCAL GOVERNMENT, PUBLIC POLICY, COMMUNITY HEALTH, AND EDUCATION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,879,414
Program Service Revenue $8,621
Investment Income $17,230
Other Revenue $2,420
TOTAL REVENUE $3,907,685

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,535,135
Fundraising Expenses $420,119
Program Expenses $1,736,330
Other Expenses $957,482
TOTAL EXPENSES $2,492,617

Year-over-Year Comparison

2024 2023 Change
Revenue $3,907,685 $1,893,764 +1.1%
Expenses $2,492,617 $2,115,429 +0.2%
Net Income $1,415,068 $-221,665 -7.4%
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

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Governance

Voting Members
10
Independent Members
10
Employees
40
Volunteers
15

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
4
$160,889
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY BISSEN CHAIR 1.00
Officer Director
$0 $0 $0
HERMAN BAUMANN SECRETARY 1.00
Officer Director
$0 $0 $0
REGINA MILLNER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL LOUIS VINSON TREASURER 1.00
Officer Director
$0 $0 $0
KATHLEEN KINGSBURY DIRECTOR 1.00
Director
$0 $0 $0
MUKHTAR IBRAHIM DIRECTOR 1.00
Director
$0 $0 $0
BARBARA JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
LOUISA LINCOLN DIRECTOR 1.00
Director
$0 $0 $0
CARL MUELLER DIRECTOR 1.00
Director
$0 $0 $0
ELLEN GILLIGAN DIRECTOR 1.00
Director
$0 $0 $0
GEORGE STANLEY CEO 40.00
Officer
$150,000 $10,889 $160,889
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
2024 $3,907,685 $2,492,617 $3,201,417 $1,415,068
2023 $1,893,764 $2,115,429 $1,780,424 $-221,665
2022 $1,705,138 $1,838,337 $1,982,854 $-133,199
2021 $1,902,825 $1,204,418 $2,099,123 $698,407
2020 $1,581,726 $1,207,820 $1,392,430 $373,906
2019 $1,096,083 $693,421 $974,553 $402,662
2018 $732,201 $494,098 $580,695 $238,103
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