CENTER FOR ADVANCED STUDIES IN BUSINESS INC Charity Report

Public IRS 990 nonprofit record

CENTER FOR ADVANCED STUDIES IN BUSINESS INC

EIN 23-7447143 · Alumni Associations (B84)

What they do

A. to STIMULATE THE CONTINUAL PROCESS of PROFESSIONAL EDUCATION IN BUSINESS and ADMINISTRATION AT THE WISCONSIN SCHOOL of BUSINESS and OTHER ACADEMIC UNITS AT THE UNIVERSITY of WISCONSIN-MADISON (UNIVERSITY) IN THE STUDENT, ALUMNUS and THE PRACTITIONER PHASES. B. to PROMOTE THE EXCHANGE of IDEAS BETWEEN THE STUDENT BODY, ALUMNI and FACULTY of THE WISCONSIN SCHOOL of BUSINESS, OTHER ACADEMIC UNITS AT THE UNIVERSITY and INTERESTED EXECUTIVES and ADMINISTRATORS. C. to ADVANCE THE SCHOOL of BUSINESS and OTHER ACADEMIC UNITS AT THE UNIVERSITY BY DISSEMINATING INFORMATION CONCERNING STUDENT, ALUMNI, FACULTY and ADMINISTRATIVE ACTIVITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $44.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

44.59%of revenue went to mission work44.0% of expenses · Program services

$101.26spent for every $100 of revenueSpending was higher than revenue this year.

56.67%of revenue went to management and office costs56.0% of expenses

$0.49in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $97,232 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $308,801 for JON KAUPLA (EXECUTIVE DIRECTOR (CASB)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,745,550

Mission workProgram services$3,453,75344.59% of revenue44.0% of expenses

ManagementOffice and general costs$4,389,02956.67% of revenue56.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$7,842,782101.26% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 44.0% mission · 56.0% management · 0.0% fundraisingTotal expenses: 101.26% of revenue

2023Expense mix: 51.3% mission · 48.7% management · 0.0% fundraisingTotal expenses: 106.14% of revenue

2022Expense mix: 60.4% mission · 39.6% management · 0.0% fundraisingTotal expenses: 93.20% of revenue

2021Expense mix: 71.3% mission · 28.7% management · 0.0% fundraisingTotal expenses: 73.56% of revenue

2020Expense mix: 69.0% mission · 31.0% management · 0.0% fundraisingTotal expenses: 120.33% of revenue

2019Expense mix: 73.7% mission · 26.3% management · 0.0% fundraisingTotal expenses: 129.10% of revenue

2018Expense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 98.13% of revenue

2017Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 103.75% of revenue

Money in and money out

Revenue$7,745,550

Expenses$7,842,782

Annual shortfall $97,232 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,453,753 · 44.0% of expenses

Management and office costs$4,389,029 · 56.0% of expenses

See all reported dollar amounts

Revenue$7,745,550

Expenses$7,842,782

Assets$3,844,747

Income$7,745,550

Mission work (program services)$3,453,753

Grants given$594,908

Average grant$148,727

Management and general$4,389,029

Accounting fees$38,246

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JON KAUPLAEXECUTIVE DIRECTOR (CASB) · 40 hrs/week $308,801Base $216,393 · Other $92,408

MARK SEIFERTSOLUTION ADVISOR · 40 hrs/week $274,362Base $198,874 · Other $75,488

KATE SCHLESINGERSOLUTION ADVISOR · 40 hrs/week $262,916Base $229,343 · Other $33,573

JEREMIAH DEGOLLONSOLUTION ADVISOR · 40 hrs/week $237,704Base $191,615 · Other $46,089

TRINITY KORTHSOLUTION ADVISOR · 40 hrs/week $211,250Base $157,367 · Other $53,883

KAT SHANAHANVP, MARKETING AND BUSINESS ENGAGEMENT · 40 hrs/week $188,744Base $146,398 · Other $42,346

GINO RICCHIODIRECTOR OF FINANCE (CASB), SECRETARY · 40 hrs/week $168,214Base $150,360 · Other $17,854

VALLABH SAMBAMURTHYDIRECTOR, DEAN WSB · 1 hrs/week $16,450

MICHAEL JOHNSONDIRECTOR · 1 hrs/week $7,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

JON KAUPLAEXECUTIVE DIRECTOR (CASB)

MARK SEIFERTSOLUTION ADVISOR

KATE SCHLESINGERSOLUTION ADVISOR

JEREMIAH DEGOLLONSOLUTION ADVISOR

TRINITY KORTHSOLUTION ADVISOR

KAT SHANAHANVP, MARKETING AND BUSINESS ENGAGEMENT

GINO RICCHIODIRECTOR OF FINANCE (CASB), SECRETARY

VALLABH SAMBAMURTHYDIRECTOR, DEAN WSB

MICHAEL JOHNSONDIRECTOR

KARI LAURITSENDIRECTOR

TANZY LAWHORNDIRECTOR

PATRICK SCHEIBELDIRECTOR

ANTHONY DIXDIRECTOR

GREG DECROIXDIRECTOR

DAVID RAUENDIRECTOR, COMP / GOV COMMITTEE CHAIR

DAVID GAYDIRECTOR, FINANCE/AUDIT COMMITTEE CHAIR

CHRIS TIGLASVICE CHAIR

BLAINE RENFERTCHAIR

About this charity

Recognized since: January 1975
Location: 601 UNIVERSITY AVE, MADISON, WI 53715-1035
County: Dane
In care of: % ADAM BARNES
Primary officer: BLAINE RENFERT, BOARD OF DIRECTORS CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(608) 441-7339

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Alumni Associations (B84)
IRS tax category: Alumni Associations
Grant-giving organization: Yes