Wisconsin Alumni Research Foundation: $140.8M Revenue, $121.5M Program Expenses

The composite efficiency score of 63/100 puts Wisconsin Alumni Research Foundation at C — neither standout nor failing. Some factors run above the median (typically program spending) while others run below (typically reserves or trend stability).

Wisconsin Alumni Research Foundation is a large nonprofit by U.S. standards: $140.8M in 2024 revenue against $155.8M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Wisconsin Alumni Research Foundation's 2024 revenue is materially below its earlier filings. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Wisconsin Alumni Research Foundation sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.