Wisconsin Optometric Association FY2022 filing

Not tax-deductible

Madison, WI501(c)(6)Mutual / membership EIN 39-0840526Revenue $887K in FY2022Latest return filed Sep 22, 2025

On file with the IRSwoa-eyes.org6510 Grand Teton Plz Ste 312, 53719-1029 · Madison, WITax-exempt since Nov 1937

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A nonprofit affiliate of licensed optometrists and associated businesses dedicated to the preservation and enhancement of the vision welfare of the people of Wisconsin.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $66K a year · 8% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
16 mo
of spending, in cash
Looks good: 16.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$340K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$887K
+18% vs prior year
Spent
$803K
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$887K
FY2022▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$680K
FY2021$750K
FY2022$887K
FY2023$888K
FY2024$852K
Expenses
$803K
FY2022▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$653K
FY2021$701K
FY2022$803K
FY2023$767K
FY2024$801K
Net assets
$1.4M
FY2022▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.4M
FY2023$1.5M
FY2024$1.6M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1937.

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

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
Society President
$0Pt VII · Sec A
Society Director
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Society Director
$0Pt VII · Sec A
Society President
$0Pt VII · Sec A
Society President
$0Pt VII · Sec A
See Wisconsin Optometric Association executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and enhances vision welfare for Wisconsin residents.

Questions for Wisconsin Optometric Association

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

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

1 program · in their own filed words · FY2022
01

Promotes education and public awareness of the optometryprofession so as to improve the delivery of vision care throughcommunication and advocacy efforts. The organization holds 4 education events per year with total attendance of approximately 580 doctors of optometry.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$887K
Ln 12
Fees for servicesLn 2g$826K
Investment incomeLn 3$30K
Other incomeLn 4–11$19K
Money outPt IX
$803K
Ln 25
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.7M
LiabilitiesLn 26$340K
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12K
Fees for servicesLn 2g$826K
Investment incomeLn 3$30K
Other incomeLn 4–11$19K
Total revenueLn 12$887K
Assets in detailPt X, end of year
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$633K
Land, buildings, equipmentLn 10c$707
Total assetsLn 16$1.7M
LiabilitiesLn 26$340K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.1M$1.1M
InvestmentsLn 11–13$641K$633K
Land, buildings, equipmentLn 10c$243$707
Total assetsLn 16$1.8M$1.7M
LiabilitiesLn 26$420K$340K
Net assetsLn 32$1.3M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$481K
Legal feesLn 11b$260
Accounting feesLn 11c$7K
Lobbying feesLn 11d$36K
Office expensesLn 13$27K
TravelLn 17$6K
Conferences, conventions and meetingsLn 19$231K
Depreciation, depletion and amortizationLn 22$316
InsuranceLn 23$3K
Other expenses (24a–d)Ln 24$11K
Total functional expensesLn 25$803K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Sep 22, 2025 $852K$801K$51K$1.6M 990 PDF
FY2023Filed with the IRS Sep 10, 2024 $888K$767K$121K$1.5M 990 PDF
FY2022 ViewingFiled with the IRS Sep 5, 2023 $887K$803K$84K$1.4M 990 PDF
FY2021Filed with the IRS Nov 4, 2022 $750K$701K$49K$1.3M 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $680K$653K$27K$1.3M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $886,796 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$11,937
I-9 Program service revenuePrior year $709,677$825,759
I-10 Investment incomePrior year $25,358$30,425
I-11 Other revenuePrior year $14,942$18,675
I-12 Total revenuePrior year $749,977$886,796
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $700,524$802,553
I-18 Total expensesPrior year $700,524$802,553
I-19 Revenue less expensesPrior year $49,453$84,243
Part VI · Governance 17 of 17 board members independent, 3 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $886,796 across 7 lines filed
VIII-1f All other contributions, gifts and grants$11,937
VIII-1h Total contributions, gifts and grants$11,937
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $825,759$825,759
VIII-3 Investment incomeExcluded from tax $30,425$30,425
VIII-5 RoyaltiesExcluded from tax $14,175$14,175
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,500$4,500
VIII-12 Total revenueRelated to mission $830,259 · Unrelated business $0 · Excluded from tax $44,600$886,796
Part IX · Statement of functional expenses $802,553 across 10 lines filed
IX-11a Management fees$480,744
IX-11b Legal fees$260
IX-11c Accounting fees$7,330
IX-11d Lobbying fees$36,000
IX-13 Office expenses$27,224
IX-17 Travel$6,132
IX-19 Conferences, conventions and meetings$231,303
IX-22 Depreciation, depletion and amortization$316
IX-23 Insurance$2,591
IX-24 Other expenses (24a–d)$10,653
IX-25 Total functional expenses$802,553
Part X · Balance sheet $1,720,512 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,108,156$1,086,633
X-4 Accounts receivableStart of year $951$326
X-10c Land, buildings and equipment, netStart of year $243$707
X-11 Publicly traded securitiesStart of year $200,390$165,626
X-12 Other securitiesStart of year $441,095$467,220
X-14 Intangible assetsStart of year $79$0
X-16 Total assetsStart of year $1,750,914$1,720,512
X-17 Accounts payable and accrued expensesStart of year $269,313$225,808
X-19 Deferred revenueStart of year $150,231$113,855
X-26 Total liabilitiesStart of year $419,544$339,663
X-27 Net assets without donor restrictionsStart of year $1,331,370$1,380,849
X-32 Total net assets or fund balancesStart of year $1,331,370$1,380,849
X-33 Total liabilities and net assetsStart of year $1,750,914$1,720,512
Part XI · Reconciliation of net assets $1,380,849 net assets at year end
XI-1 Total revenue$886,796
XI-2 Total expenses$802,553
XI-3 Revenue less expenses$84,243
XI-4 Net assets at start of year$1,331,370
XI-5 Net unrealized gains (losses) on investments−$34,764
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,380,849

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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