WISCONSIN HISTORICAL REAL ESTATE FOUNDATION INC

EIN: 300595385 501(c)(3) Arts, Culture & Humanities

MADISON, WI

Total Revenue
$2,840
Total Expenses
$1,725
Total Assets
$501,971
Net Assets
$501,971
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
WI
Principal Officer
JULIE LUSSIER
Phone
6082646460
Tax Period
2024-07-01 to 2025-06-30

WISCONSIN HISTORICAL REAL ESTATE FOUNDATION INC, founded in 2009, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $3K in total revenue in fiscal year 2024. The organization ran a surplus of $1K, a strong 39% operating margin.

Mission

THE WISCONSIN HISTORICAL REAL ESTATE FOUNDATION EXISTS TO SUPPORT THE MISSION OF THE WISCONSIN HISTORICAL SOCIETY AND WISCONSIN HISTORICAL FOUNDATION AND PROMOTE THE PRESERVATION AND REUSE OF HISTORIC STRUCTURES IN WISCONSIN.

Program Service Accomplishments

Program 1
Expenses: $1,725 Revenue: $2,840

THE MISSION OF WHREFI IS TO PARTNER WITH THE PRIVATE SECTOR IN INNOVATIVE WAYS AND, THROUGH ITS ACTIVITIES, OFFER CREATIVE OPPORTUNITIES FOR INVESTMENT AND GENERATE NEW ASSETS AND REVENUE STREAMS FOR...

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THE MISSION OF WHREFI IS TO PARTNER WITH THE PRIVATE SECTOR IN INNOVATIVE WAYS AND, THROUGH ITS ACTIVITIES, OFFER CREATIVE OPPORTUNITIES FOR INVESTMENT AND GENERATE NEW ASSETS AND REVENUE STREAMS FOR THE FOUNDATION. WHREFI MAY CHOOSE TO HOLD THESE INVESTMENTS IN ORDER TO GARNER FUTURE APPRECIATION. ASSET TYPES MAY INCLUDE EQUITIES, DEVELOPABLE PROPERTY, NET LEASE PROPERTY, AND COMMODITIES, ALTHOUGH IT HAS NO CURRENT SPECIFIC STRATEGIES SEEKING DONATIONS IN THESE AREAS. IN THE FUTURE, WHREFI MAY ALSO SEEK TO BECOME A RESOURCE FOR OWNERS, DEVELOPERS, INVESTORS, MUNICIPALITIES, AND HISTORIC PRESERVATIONISTS AS HISTORIC PROPERTIES ARE PRESERVED USING TAX CREDIT METHODOLOGY.THE WISCONSIN HISTORICAL REAL ESTATE FOUNDATION, INC. CURRENTLY HOLDS TITLE TO SIX PARCELS OF VACANT LAND. THE PROPERTIES ARE ADJACENT TO WADE HOUSE AND REED SCHOOL, BOTH WISCONSIN HISTORIC SITES.

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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 $0
Program Service Revenue $2,840
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,840

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,725
Other Expenses $1,725
TOTAL EXPENSES $1,725

Year-over-Year Comparison

2024 2023 Change
Revenue $2,840 $2,840 N/A
Expenses $1,725 $1,862 -0.1%
Net Income $1,115 $978 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
$188,681
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON BECK PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVE WILDER VICE PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
JOE SHUMOW SECRETARY 1.00
Officer Director
$0 $0 $0
KENDALL BREUNIG DIRECTOR 1.00
Director
$0 $0 $0
JULIE LUSSIER EXECUTIVE DIRECTOR 1.00
Officer
$0 $18,391 $188,681
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 $2,840 $1,725 $501,971 $1,115
2024 $2,840 $1,862 $500,856 $978
2023 $33,895 $188,100 $500,878 $-154,205
2022 $4,271 $8,416 $654,083 $-4,145
2021 $50,738 $16,716 $659,730 $34,022
2020 $159,846 $23,132 $625,708 $136,714
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