philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Wisconsin Soybean Association

Not tax-deductible

Madison, WI501(c)(5)EIN 23-7293364Revenue $830K in FY2025

On file with the IRSwisoybean.org6709 Raymond Rd Suite 134, 53719-3943 · Madison, WITax-exempt since Nov 1973

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To increase the profitability of soybean producers through research and educational programs.

Run by 12 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $45K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$830K
+30% vs prior year
Spent
$787K
To programs
0%
Net assets
$388K
By yearFY2021–FY2025
Revenue
$830K
FY2025▲ +30%
Tap a bar for its year
Revenue by fiscal year
FY2021$65K
FY2022$399K
FY2023$467K
FY2024$639K
FY2025$830K
Expenses
$787K
FY2025▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2021$112K
FY2022$303K
FY2023$504K
FY2024$705K
FY2025$787K
Net assets
$388K
FY2025▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2021$353K
FY2022$448K
FY2023$411K
FY2024$345K
FY2025$388K

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Shawn Conley
Director
$0Pt VII · Sec A
Sara Stelter
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Don Lutz
Director
$0Pt VII · Sec A
Katie Kaczor
Director
$0Pt VII · Sec A
Danny Brisky
Director
$0Pt VII · Sec A
Jake Steffes
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Robert Karls$57,497$196,580$197,748

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Wisconsin Soybean Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Boosts soybean farmer profits via research and education.

Questions for Wisconsin Soybean Association

Tap to ask. Wisconsin Soybean Association sees how many people are interested.

Your first name shows with your question. Wisconsin Soybean Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · in their own filed words · FY2024
01

Organizing, planning, and managing the Wisconsin Corn Soy Expo.

Pt IX · col B
02

Recruiting and retaining Wisconsin Soybean Association members.

Pt IX · col B
03

Advocating for Wisconsin soybean farmers.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Wisconsin Soybean Marketing Board INCFY2024$45K
Total grants receivedfrom 1 funder$45K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$830K
Ln 12
Fees for servicesLn 2g$735K
Other incomeLn 4–11$54K
Investment incomeLn 3$21K
Money outPt IX
$787K
Ln 25
Owns and owesPt X
$388K
net assets · Ln 32
Cash and savingsLn 1–2$388K
Total assetsLn 16$388K
LiabilitiesLn 26$0
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$19K
Fees for servicesLn 2g$735K
Investment incomeLn 3$21K
Other incomeLn 4–11$54K
Total revenueLn 12$830K
Assets in detailPt X, end of year
CashLn 1$70K
SavingsLn 2$318K
Cash and savings togetherLn 1–2$388K
Total assetsLn 16$388K
LiabilitiesLn 26$0
Net assetsLn 32$388K
OperationsPt I, VI
EmployeesI 52
VolunteersI 612
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$340K$388K
Total assetsLn 16$345K$388K
LiabilitiesLn 26$0$0
Net assetsLn 32$345K$388K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$151K
Legal feesLn 11b$27K
Accounting feesLn 11c$10K
Lobbying feesLn 11d$3K
Office expensesLn 13$2K
TravelLn 17$22K
Conferences, conventions and meetingsLn 19$397K
Payments to affiliatesLn 21$10K
Other expenses (24a–d)Ln 24$160K$160K
All other expensesLn 24e$5K
Total functional expensesLn 25$787K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $830K$787K$43K$388K 990 PDF
FY2024 $639K$705K−$66K$345K 990 PDF
FY2023 $467K$504K−$38K$411K 990 PDF
FY2022 $399K$303K$95K$448K 990 PDF
FY2021 $65K$112K−$47K$353K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $830,123 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $18,700$19,350
I-9 Program service revenuePrior year $555,891$735,461
I-10 Investment incomePrior year $7,139$21,053
I-11 Other revenuePrior year $57,288$54,259
I-12 Total revenuePrior year $639,018$830,123
I-13 Grants and similar amounts paidPrior year $1,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $704,195$786,829
I-18 Total expensesPrior year $705,195$786,829
I-19 Revenue less expensesPrior year −$66,177$43,294
Part VI · Governance 15 of 15 board members independent, 1 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $830,123 across 7 lines filed
VIII-1b Membership dues$19,350
VIII-1h Total contributions, gifts and grants$19,350
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $735,461$735,461
VIII-3 Investment incomeRelated to mission $21,053$21,053
VIII-8 Net income from fundraising eventsExcluded from tax $17,633$17,633
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $36,626$36,626
VIII-12 Total revenueRelated to mission $793,140 · Unrelated business $0 · Excluded from tax $17,633$830,123
Part IX · Statement of functional expenses $786,829 across 10 lines filed
IX-11a Management fees$150,962
IX-11b Legal fees$26,953
IX-11c Accounting fees$10,206
IX-11d Lobbying fees$3,317
IX-13 Office expenses$2,045
IX-17 Travel$21,662
IX-19 Conferences, conventions and meetings$396,978
IX-21 Payments to affiliates$10,000
IX-24 Other expenses (24a–d)Programs $159,719$159,719
IX-24e All other expenses$4,987
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$786,829
Part X · Balance sheet $387,819 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $43,483$69,526
X-2 Savings and temporary cash investmentsStart of year $296,267$318,293
X-16 Total assetsStart of year $344,525$387,819
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $344,525$387,819
X-32 Total net assets or fund balancesStart of year $344,525$387,819
X-33 Total liabilities and net assetsStart of year $344,525$387,819
Part XI · Reconciliation of net assets $387,819 net assets at year end
XI-1 Total revenue$830,123
XI-2 Total expenses$786,829
XI-3 Revenue less expenses$43,294
XI-4 Net assets at start of year$344,525
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$387,819

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.