WISCONSIN BROADCASTERS ASSOCIATION… - Form 990 Financial Data

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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

1931

Legal Domicile

Principal Officer

MICHELLE VETTERKIND

Phone

6082552600

Tax Period

2024-01-01 to 2024-12-31

WISCONSIN BROADCASTERS ASSOCIATION INC, founded in 1931, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2024. The organization ran a surplus of $277K, a strong 16% operating margin.

Mission

THE PURPOSE OF THE WISCONSIN BROADCASTERS ASSOCIATION SHALL BE TO FOSTER AND PROMOTE THE DEVELOPMENT OF THE ARTS OF AURAL AND VISUAL BROADCASTING IN ALL ITS FORMS; TO PROTECT ITS MEMBERS IN EVERY LAWFUL AND PROPER MANNER FROM INJUSTICES AND UNJUST EXACTIONS; TO DO ALL THINGS NECESSARY AND PROPER TO ENCOURAGE AND PROMOTE CUSTOMS AND PRACTICES WHICH WILL STRENGTHEN AND MAINTAIN THE BROADCAST INDUSTRY TO THE END THAT IT MAY BEST SERVE THE PUBLIC.

Program Service Accomplishments

Program 1

NCSA/PUBLIC EDUCATION PROGRAM - COORDINATED EFFORT TO ENCOURAGE BROADCASTERS TO AIR HIGH QUALITY INFORMATIONAL ANNOUNCEMENTS ON PUBLIC SERVICE COMMISSION LUNG HEALTH, CONSTRUCTION ZONE SAFETY, DRUNK DRIVING, AND WINTER DRIVING ADVISORIES. NEARLY 300,000 ANNOUNCEMENTS AIRED STATEWIDE UNDER THE PROGRAMS, WHICH ARE AIMED AT HELPING BROADCASTERS BE MORE RESPONSIBLE TO THEIR COMMUNITIES.

Program 2

SUMMER CONVENTION, LEGISLATIVE AWARENESS VISITS, AND BROADCASTERS CLINIC - PROVIDES BROADCASTERS, STUDENTS, AND LEGISLATORS WITH INFORMATION ON THE BROADCAST INDUSTRY AND DEVELOPMENTS.

Program 3

AWARDS AND CONTRIBUTIONS - AWARDS AND VARIOUS CONTRIBUTIONS TO ORGANIZATIONS PROMOTING AND SERVING THE BROADCAST INDUSTRY. AWARDS ARE FOR ACHIEVEMENT IN THE BROADCAST INDUSTRY.

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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 $0

Program Service Revenue $1,617,712

Investment Income $97,063

Other Revenue $8,234

TOTAL REVENUE $1,723,009

Expense Breakdown

Grants Paid $117,310

Salaries & Benefits $522,301

Fundraising Expenses $0

Other Expenses $806,283

TOTAL EXPENSES $1,445,894

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,723,009	$1,748,531	0.0%
Expenses	$1,445,894	$1,409,374	+0.0%
Net Income	$277,115	$339,157	-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

Governance

Voting Members

Independent Members

Employees

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

$252,920

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEESE FIELDER	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
JEFF WRIGHT	VICE CHAIRMAN-RADIO	1.00	Officer Director	$0	$0	$0
JUDSON BECK	CHAIRMAN-ELECT	1.00	Officer Director	$0	$0	$0
ANNA ENGELHART	TREASURER	1.00	Officer Director	$0	$0	$0
RANDY HAWKE	SECRETARY	1.00	Officer Director	$0	$0	$0
JAN WADE	IMMEDIATE PAST CHAIRMAN	1.00	Director	$0	$0	$0
TERRY DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN VALKOUN	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS KLAS	DIRECTOR	1.00	Director	$0	$0	$0
TERRY STEVENSON	DIRECTOR	1.00	Director	$0	$0	$0
MARTA BECHTOL	DIRECTOR	1.00	Director	$0	$0	$0
ERIC VOIGHT	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE LAVIN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF TYLER	DIRECTOR	1.00	Director	$0	$0	$0
ANNE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
BETSY KEEFE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS PALMER	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA HANSEN	DIRECTOR (THRU JUL 2024)	1.00	Director	$0	$0	$0
LYLE BANKS	DIRECTOR (THRU OCT 2024)	1.00	Director	$0	$0	$0
LUPITA MONTOTO	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE VETTERKIND	PRESIDENT AND CEO	40.00	Officer	$230,960	$21,960	$252,920
KYLE GEISSLER	VICE PRESIDENT	40.00	Highest	$151,417	$4,013	$155,430

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	$1,723,009	$1,445,894	$4,166,071	$277,115
2023	$1,748,531	$1,409,374	$3,604,151	$339,157
2022	$1,409,623	$1,226,638	$3,203,053	$182,985
2021	$1,651,806	$1,106,070	$2,733,431	$545,736
2020	$1,109,844	$929,288	$1,808,480	$180,556
2019	$1,250,016	$1,137,190	$1,632,740	$112,826
2018	$1,041,276	$1,100,876	$1,519,203	$-59,600

WISCONSIN BROADCASTERS ASSOCIATION INC