WISCONSIN AMUSEMENT & MUSIC OPERATORS INC

EIN: 391385729

MADISON, WI

Total Revenue
$1,429,582
Total Expenses
$1,123,234
Total Assets
$2,417,742
Net Assets
$2,412,367
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
WI
Principal Officer
BRET CLOSTERMERY
Phone
8154741376
Tax Period
2025-01-01 to 2025-12-31

WISCONSIN AMUSEMENT & MUSIC OPERATORS INC, founded in 1981, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $306K, a strong 21% operating margin.

Mission

TRADE ASSOCIATION SERVING THE COIN-OPERATED AMUSEMENT GAMES/MUSIC INDUSTRY. THEIR OBJECTIVE IS TO PULL THE INDUSTRY TOGETHER, ENHANCE AND EXPAND OPPORTUNITIES, OFFER INFORMATION AND TRAINING AND STRIVE TOWARDS LEGISLATIVE EFFORTS FOR MARKETPLACE FAIRNESS.

Program Service Accomplishments

Program 1

ANNUAL CONFERENCE AND OTHER MEETINGS TO PROVIDE EDUCATION AND CURRENT INFORMATION TO MEMBERS.

Program 2

PROMOTE USE OF COIN-OPERATED GAMES TO MEMBERS CLIENTELE THROUGH COMPETITIVE TOURNAMENTS.

Program 3

ENSURE LEGISLATION REPRESENTATION IN DETERMINING PUBLIC POLICY ASSOCIATED WITH COIN-OPERATED GAMES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $81,800
Program Service Revenue $1,301,188
Investment Income $46,594
Other Revenue $0
TOTAL REVENUE $1,429,582

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,123,234
TOTAL EXPENSES $1,123,234

Year-over-Year Comparison

2025 2024 Change
Revenue $1,429,582 $1,143,905 +0.2%
Expenses $1,123,234 $879,131 +0.3%
Net Income $306,348 $264,774 +0.2%
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
11
Independent Members
N/A
Employees
N/A
Volunteers
200

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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE WEIGEL President 0.00
Director
$0 $0 $0
JANET STANSFIELD PAST PRESIDENT 0.00
Director
$0 $0 $0
NIELS NIELSEN PRESIDENT ELECT 0.00
Director
$0 $0 $0
TONI DRIES SECRETARY 0.00
Director
$0 $0 $0
BRET CLOSTERMERY TREASURER 0.00
Director
$0 $0 $0
JEFF WILLIAMSON DIRECTOR 0.00
Director
$0 $0 $0
BRUCE NIEMUTH DIRECTOR 0.00
Director
$0 $0 $0
GREG MANTUEFFEL DIRECTOR 0.00
Director
$0 $0 $0
JON KLEIMAN DIRECTOR 0.00
Director
$0 $0 $0
NEIL GILBERTSON DIRECTOR 0.00
Director
$0 $0 $0
TRAVIS BIENIEK DIRECTOR 0.00
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 $1,429,582 $1,123,234 $2,417,742 $306,348
2024 $1,143,905 $879,131 $2,112,781 $264,774
2023 $1,077,298 $880,559 $1,848,989 $196,739
2022 $1,126,116 $908,407 $1,652,850 $217,709
2021 $615,762 $465,577 $1,497,367 $150,185
2020 $341,112 $441,139 $1,284,420 $-100,027
2019 $1,004,543 $921,120 $1,392,220 $83,423
2018 $1,006,711 $870,664 $1,307,160 $136,047
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