2025-09-09T08:30:09-05:00 2025-03-31 410746749 CLIFTONLARSONALLEN LLP 10401 W INNOVATION DR STE 300 WAUWATOSA WI 53226 990 2024-04-01 391592727 BADGER INSTITUTE INC BADG 4142259940 700 W VIRGINIA ST 301 MILWAUKEE WI 53204 MIKE NICHOLS PRESIDENT 4142259940 2025-09-02 1 0 KRISTEN DONLEVY P01670215 4144761880 2025-09-02 2024 2025-03-06 01:10:19Z MIKE NICHOLS 700 W VIRGINIA ST 301 MILWAUKEE WI 53204 908464 0 X WWW.BADGERINSTITUTE.ORG X 1987 WI PUBLIC POLICY RESEARCH. 10 10 8 16 0 0 1093187 818760 0 0 241022 72148 2635 -23590 1336844 867318 0 0 0 0 706157 714240 0 0 154390 597293 487110 1303450 1201350 33394 -334032 3552632 3298040 207427 179955 3345205 3118085 X PUBLIC POLICY RESEARCH - TO ENGAGE AND ENERGIZE WISCONSINITES AND OTHERS IN DISCUSSIONS AND TIMELY ACTION ON KEY PUBLIC POLICY ISSUES CRITICAL TO THE STATE'S FUTURE, ITS GROWTH AND PROSPERITY. THE INSTITUTE'S RESEARCH AND PUBLIC EDUCATION ACTIVITIES ARE DIRECTED TO IDENTIFY AND PROMOTE PUBLIC POLICIES IN WISCONSIN WHICH ARE FAIR, ACCOUNTABLE AND COST EFFECTIVE. 0 0 758964 THE ORGANIZATION RESEARCHES PUBLIC POLICY IN THE STATE OF WISCONSIN AND PREPARES REPORTS AND MAGAZINES WHICH ARE DISTRIBUTED TO THE MEDIA, STATE LEGISLATURE, AND OTHER INTERESTED PARTIES DURING THE FISCAL YEAR. THE ORGANIZATION PRODUCED DOZENS OF ARTICLES, SHORT POLICY BRIEFS AND WHITE PAPERS ON A WIDE VARIETY OF TOPICS. THE ORGANIZATION ALSO MAINTAINS A WEBSITE WHICH INCLUDES ALL PUBLICATIONS, COMMENTARY, AND CONTENT THAT HAS BEEN IN THE MEDIA, WWW.BADGERINSTITUTE.ORG. TOPICS ARE WIDE-RANGING AND MAY VARY BUT WE HAVE ADDED NO NEW, ENTIRE PROGRAMS. 758964 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X MIKE NICHOLS 2623898239 700 W VIRGINIA ST STE 301 MILWAUKEE WI 53204 AVE BIE CHAIR 1.00 X X 0 0 0 LISA MAUER VICE CHAIR 1.00 X X 0 0 0 JASON KOHOUT SECRETARY 1.00 X X 0 0 0 COREY HOZE DIRECTOR 1.00 X 0 0 0 ELLEN NOWAK DIRECTOR 1.00 X 0 0 0 MATT ROWE DIRECTOR 1.00 X X 0 0 0 NICHOLAS BAUER DIRECTOR 1.00 X 0 0 0 SHANNON WHITWORTH DIRECTOR 1.00 X 0 0 0 SHANNON SWEEK DIRECTOR 0.00 X 0 0 0 ROBERT DOAR DIRECTOR 0.00 X 0 0 0 MIKE NICHOLS PRESIDENT 40.00 X 242708 0 16504 PATRICK A MCILHERAN DIRECTOR OF POLICY 40.00 X 121274 0 8246 ANGELA SMITH EXECUTIVE VICE PRESIDENT 40.00 X 115926 0 8051 479908 0 32801 3 0 1 0 0 47350 771410 818760 72148 72148 17556 47350 41146 -23590 -23590 867318 0 0 48558 X 241241 132683 60310 48248 388583 269022 66423 53138 27678 19097 4767 3814 14438 9240 2888 2310 42300 27072 8460 6768 2365 2365 32099 32099 180125 94332 62210 23583 25891 7767 16829 1295 97113 97113 62131 39764 12426 9941 14294 12150 2144 2728 2455 273 1748 1748 11002 11002 OUTREACH EXPENSE 46898 44022 2876 RESEARCH FEES 4247 4247 6469 6469 1201350 758964 287996 154390 78623 216633 8460 8933 459299 77862 18279 18803 20616 20616 1748 0 2798418 2821412 187805 154397 3552632 3298040 13120 8260 194307 171695 207427 179955 X 1696410 1857473 1648795 1260612 3345205 3118085 3552632 3298040 -334032 106912 0 X 1 X 1 X 1 0 X 1081544 1102059 1365022 1093187 818760 5460572 1081544 1102059 1365022 1093187 818760 5460572 1905520 3555052 22282 22572 36832 65637 72148 219471 3834 680 4514 5684557 0.62540 0.60790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 3,834. 2023 AMOUNT: $ 680. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15208 21105 36313 722651 758964 138845 34711 0 0 150846 154251 184861 138845 628803 943205 7142 6778 28848 36313 79081 37712 38563 46215 34711 157201 235802 3981 15208 19189 1176162 75239 68651 1182750 1058981 181480 64299 1176162 1219290 -82585 77724 1058981 1232663 49403 62776 1219290 904132 389182 60651 1232663 0.00000 0.00000 1.00000 0 0 20616 20616 0 0 EQUITIES 1696105 F BOND FUNDS 1125307 F 2821412 979230 106912 5000 111912 867318 0 867318 1206350 5000 5000 1201350 0 1201350 PART V, LINE 4: ENDOWMENT ACCOUNT WAS CREATED TO PROVIDE A CONSISTENT SOURCE OF FUNDING TO SPECIFIC PROGRAMS. FUNDS CAN ONLY BE APPLIED TO SPECIFIC PROGRAM EXPENSES IN ACCORDANCE WITH THE DONOR PROVISIONS. ANNUAL DINNER 64906 47350 17556 31146 10000 64906 47350 17556 31146 10000 41146 -23590 X X 0 0 0 0 0 0 0 1 0 MIKE NICHOLS PRESIDENT 223922 0 18786 0 0 0 0 0 16504 0 259212 0 0 0 PART I, LINE 3 THE BOARD ANNUALLY REVIEW OBJECTIVES AND ACCOMPLISHMENTS AND DETERMINES THE LEVEL OF ANY RAISE AND/OR BONUS. PART I, LINE 7 TWO EMPLOYEES, MIKE NICHOLS AND ANGELA SMITH, RECEIVED BONUSES BASED ON PERFORMANCE. FORM 990, PART VI, SECTION B, LINE 11B ALL MEMBERS OF THE BOARD OF DIRECTORS ARE GIVEN A COPY FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C WE HAVE ALL PERSONS IN POSITIONS OF AUTHORITY - BOARD MEMBERS AND EMPLOYEES - REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. ANYTHING DISCLOSED IS REVIEWED BY THE CHAIRMAN, VICE-CHAIR, TREASURER, AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT IS GIVEN OBJECTIVES ANNUALLY AND REVIEWED BY THE BOARD OF DIRECTORS AT THE END OF THE FISCAL YEAR. THE BOARD OF DIRECTORS REVIEWS COMPENSATION, DISCUSSES ANY CHANGES, AND THE CHAIRMAN OF THE BOARD COMMUNICATES WITH THE PRESIDENT. EACH EMPLOYEE RECEIVES AN ANNUAL REVIEW AT THE END OF THE FISCAL YEAR. DIRECT SUPERVISORS, ALONG WITH THE PRESIDENT DISCUSS PERFORMANCE AND COMPENSATION. THE EMPLOYEE IS INVITED TO AN IN-PERSON REVIEW WHICH IS FOLLOWED UP WITH A WRITTEN SUMMARY OF THE CONVERSATION. ONCE THE EMPLOYEE APPROVES/SIGNS THE SUMMARY AND COMPENSATION IT IS FILED IN THEIR PERSONNEL FILE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 CURRENTLY THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE PUBLIC DISCLOSURE OF THESE DOCUMENTS IS NOT REQUIRED BY THE INTERNAL REVENUE CODE. THE ORGANIZATION'S FINANCIAL INFORMATION IS DISCLOSED ON THIS FORM 990. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 94,332. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 23,583. TOTAL EXPENSES 117,915. OTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 62,210. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,210.