MURMURATION RESEARCH INSTITUTE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MURMURATION RESEARCH INSTITUTE INC (EIN 86-1626267)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-30
IRS object ID
202443049349301759
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-30T11:07:22-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521392008PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GELMAN ROSENBERG & FREEDMANBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14550 MONTGOMERY AVE SUITE 800NAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP208142930ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN861626267EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MURMURATION RESEARCH INSTITUTE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMURMBusinessNameControlTxt
Phone3475717031PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line144 WALL STREET 1600AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHANE BATEMANPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone3475717031PhoneNum
Signature2024-10-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD J LOCASTRO CPAPreparerPersonNm
PTINP00288314PTIN
Phone3019519090PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEMMA BLOOMBERGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line144 WALL STREET 1600AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$102,662,779GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2020FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSEE PART III, LINE 1.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee149TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,283,082PYContributionsGrantsAmt
CY Contributions Grants$101,538,838CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$209,748CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$914,193CYOtherRevenueAmt
PY Total Revenue$2,283,082PYTotalRevenueAmt
CY Total Revenue$102,662,779CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$19,457,518CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$635,648CYTotalFundraisingExpenseAmt
PY Other Expenses$546,502PYOtherExpensesAmt
CY Other Expenses$9,373,930CYOtherExpensesAmt
PY Total Expenses$546,502PYTotalExpensesAmt
CY Total Expenses$28,831,448CYTotalExpensesAmt
PY Revenues Less Expenses$1,736,580PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$73,831,331CYRevenuesLessExpensesAmt
Total Assets BOY$1,826,986TotalAssetsBOYAmt
Total Assets EOY$79,803,708TotalAssetsEOYAmt
Total Liabilities BOY$90,406TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,235,797TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,736,580NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$75,567,911NetAssetsOrFundBalancesEOYAmt
MissionMRI DEVELOPS AND SHARES INSIGHTS AND BEST PRACTICES AROUND COMMUNITY BUILDING, CIVIC ENGAGEMENT, AND OTHER CRITICAL AREAS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$23,755,482ExpenseAmt
Revenue$900,000RevenueAmt
DescMRI DEVELOPS AND SHARES INSIGHTS AND BEST PRACTICES FOR COMMUNITY BUILDING AND CIVIC ENGAGEMENT THROUGH DEVELOPMENT OF TECHNOLOGY PLATFORMS AND TOOLS THAT ENABLE COMMUNITIES TO ENGAGE IN EFFECTIVE OUTREACH AND CONNECTION AND SUPPORTS AND EDUCATES COMMUNITIES IN HOW TO EFFECTIVELY LEVERAGE TECHNOLOGY, DATA, AND ANALYTICS TO ACHIEVE THEIR COMMUNITY BUILDING AND CIVIC ENGAGEMENT GOALS.Desc
Total Program Service Expenses$23,755,482TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document28IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee149EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHANE BATEMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3475717031PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line144 WALL STREET 1600AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10005ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
EMMA BLOOMBERG
PRESIDENT, CEO36.00Yes (X)Yes (X)$281,669$0$43,330
BRYNNE CRAIG
BOARD MEMBER1.00Yes (X)$0$0$0
ANISH MELWANI
BOARD MEMBER1.00Yes (X)$0$0$0
SHANE BATEMAN
CFO, TREASURER29.00Yes (X)$175,136$0$24,669
PEGGY ANN TORNEY
VP OF COMM, SECRETARY20.00Yes (X)$105,575$0$11,368
CONOR LAVER
CHIEF TECHNOLOGY OFFICER40.00$334,882$0$53,644Yes (X)
SARAH STAMPER
CHIEF RESEARCH OFFICER40.00$277,200$0$37,328Yes (X)
ANTOINETTE CHUKUDEBELU
CHIEF PEOPLE & EQUITY OFFICER29.00$169,214$0$25,057Yes (X)
EVAN BURFIELD
SR ADVISOR TO CEO (THROUGH 08/23)40.00$305,781$0$42,347Yes (X)
JAY SHERMAN
VP OF ENGINEERING40.00$283,565$0$39,578Yes (X)
JOSEPH HAMALA
SR DIRECTOR, INFRASTRUCTURE40.00$257,385$0$36,494Yes (X)
NATHAN RAMIA
VP, PRODUCT40.00$240,050$0$31,147Yes (X)
BENJAMIN CALVIN
VP, DATA SCIENCE40.00$245,825$0$20,734Yes (X)
KELLEN ARNO
CHIEF PROGRAM OFFICER16.00$103,000$0$11,583Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,779,282TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$377,279TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K68IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CLV CORP MOOVE IT
701 BRAZOS ST SUITE 525AUSTINTX78701OUTSOURCED ENGINEERING SERVICES$837,623
HARMONY LABS INC
311 WEST 43RD STREETNEW YORKNY10036RESEARCH$529,000
VENTUCOM LLC
275 WEST 39TH ST 4TH FLOORNEW YORKNY10018IT SERVICES$376,950
VISIONARY MISFITS
6565 SPRING BROOK AVE PMB 256RHINEBECKNY12572CONSULTING$203,483
MIGHTY GOOD AGENCY
4200 WISCONSIN AVE NW 106-359WASHINGTONDC20016BRANDING$185,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K14CntrctRcvdGreaterThan100KCnt
All Other Contributions$101,538,838AllOtherContributionsAmt
Noncash Contributions$202,268NoncashContributionsAmt
Total Contributions$101,538,838TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$209,748TotalRevenueColumnAmt
Exclusion$209,748ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$900,000TotalRevenueColumnAmt
Related Or Exempt Func Income$900,000RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$14,193TotalRevenueColumnAmt
Exclusion$14,193ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$14,193OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$102,662,779TotalRevenueColumnAmt
Related Or Exempt Func Income$900,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$223,941ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,539,072TotalAmt
Program Services$766,465ProgramServicesAmt
Management And General$610,631ManagementAndGeneralAmt
Fundraising$161,976FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$14,409,000TotalAmt
Program Services$12,358,908ProgramServicesAmt
Management And General$1,765,315ManagementAndGeneralAmt
Fundraising$284,777FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$396,835TotalAmt
Program Services$328,244ProgramServicesAmt
Management And General$53,699ManagementAndGeneralAmt
Fundraising$14,892FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,835,605TotalAmt
Program Services$1,540,948ProgramServicesAmt
Management And General$244,825ManagementAndGeneralAmt
Fundraising$49,832FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,277,006TotalAmt
Program Services$1,033,509ProgramServicesAmt
Management And General$198,215ManagementAndGeneralAmt
Fundraising$45,282FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$67,603TotalAmt
Program Services$23,798ProgramServicesAmt
Management And General$43,360ManagementAndGeneralAmt
Fundraising$445FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$39,177TotalAmt
Management And General$39,177ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,207,848TotalAmt
Program Services$2,255,606ProgramServicesAmt
Management And General$934,357ManagementAndGeneralAmt
Fundraising$17,885FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$75,968TotalAmt
Program Services$28,322ProgramServicesAmt
Management And General$46,611ManagementAndGeneralAmt
Fundraising$1,035FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,231,360TotalAmt
Program Services$4,106,532ProgramServicesAmt
Management And General$105,631ManagementAndGeneralAmt
Fundraising$19,197FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$662,299TotalAmt
Program Services$557,751ProgramServicesAmt
Management And General$84,091ManagementAndGeneralAmt
Fundraising$20,457FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$636,395TotalAmt
Program Services$501,465ProgramServicesAmt
Management And General$129,206ManagementAndGeneralAmt
Fundraising$5,724FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$224,557TotalAmt
Program Services$162,832ProgramServicesAmt
Management And General$50,917ManagementAndGeneralAmt
Fundraising$10,808FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$48,393TotalAmt
Management And General$48,393ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$98,148TotalAmt
Program Services$60,464ProgramServicesAmt
Management And General$35,466ManagementAndGeneralAmt
Fundraising$2,218FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$55,037TotalAmt
Program Services$20,518ProgramServicesAmt
Management And General$33,769ManagementAndGeneralAmt
Fundraising$750FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSUBS. & PUBLICATIONSDesc
Total$27,145TotalAmt
Program Services$10,120ProgramServicesAmt
Management And General$16,655ManagementAndGeneralAmt
Fundraising$370FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$28,831,448TotalAmt
Program Services$23,755,482ProgramServicesAmt
Management And General$4,440,318ManagementAndGeneralAmt
Fundraising$635,648FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,188,904BOYAmt
EOY$1,260,882EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$3,334,261EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$150,000BOYAmt
EOY$71,786,571EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$488,082BOYAmt
EOY$750,846EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$897,311LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$793,191LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$104,120EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,567,028EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,826,986BOYAmt
EOY$79,803,708EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$90,406BOYAmt
EOY$1,870,461EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,365,336EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$90,406BOYAmt
EOY$4,235,797EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,641,580BOYAmt
EOY$4,117,799EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$95,000BOYAmt
EOY$71,450,112EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,736,580BOYAmt
EOY$75,567,911EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,826,986BOYAmt
EOY$79,803,708EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$73,831,331ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$2,283,082CurrentTaxYearMinus1YearAmt
Current Tax Year$101,538,838CurrentTaxYearAmt
Total$103,821,920TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$2,283,082CurrentTaxYearMinus1YearAmt
Current Tax Year$101,538,838CurrentTaxYearAmt
Total$103,821,920TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$103,821,920PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$209,748CurrentTaxYearAmt
Total$209,748TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$14,193CurrentTaxYearAmt
Total$14,193TotalAmt
FieldValueIRS element (for citing)
Total Support$104,045,861TotalSupportAmt
Gross Receipts Rltd Activities$900,000GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$342,212OtherCostOrOtherBasisAmt
Depreciation$268,937DepreciationAmt
Book Value$73,275BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$555,099OtherCostOrOtherBasisAmt
Depreciation$524,254DepreciationAmt
Book Value$30,845BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$104,120TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITIESDesc
Amt$2,365,336Amt
FieldValueIRS element (for citing)
Total Liability$2,365,336TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$102,662,779TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$102,662,779RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$102,662,779TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$28,831,448TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$28,831,448ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$28,831,448TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CONOR LAVER
CHIEF TECHNOLOGY OFFICER$331,484$0$3,398$0$0$0$12,966$0$40,678$0$388,526$0$0$0
EVAN BURFIELD
SR ADVISOR TO CEO (THROUGH 08/23)$183,468$0$0$0$122,313$0$7,339$0$35,008$0$348,128$0$0$0
EMMA BLOOMBERG
PRESIDENT, CEO$281,669$0$0$0$0$0$0$0$43,330$0$324,999$0$0$0
JAY SHERMAN
VP OF ENGINEERING$255,440$0$28,125$0$0$0$10,620$0$28,958$0$323,143$0$0$0
SARAH STAMPER
CHIEF RESEARCH OFFICER$247,200$0$30,000$0$0$0$10,964$0$26,364$0$314,528$0$0$0
JOSEPH HAMALA
SR DIRECTOR, INFRASTRUCTURE$236,385$0$21,000$0$0$0$10,925$0$25,569$0$293,879$0$0$0
NATHAN RAMIA
VP, PRODUCT$216,300$0$23,750$0$0$0$9,602$0$21,545$0$271,197$0$0$0
BENJAMIN CALVIN
VP, DATA SCIENCE$221,450$0$24,375$0$0$0$8,726$0$12,008$0$266,559$0$0$0
SHANE BATEMAN
CFO, TREASURER$175,136$0$0$0$0$0$5,546$0$19,123$0$199,805$0$0$0
ANTOINETTE CHUKUDEBELU
CHIEF PEOPLE & EQUITY OFFICER$169,214$0$0$0$0$0$5,948$0$19,109$0$194,271$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 4AEVAN BURFIELD RECEIVED A $122,313 SEVERANCE PAYMENT.
PART I, LINE 7THE FOLLOWING EMPLOYEES RECEIVED PERFORMANCE BASED BONUSES IN 2023: CONOR LAVER $3,398 JAY SHERMAN $28,125 SARAH STAMPER $30,000 JOSEPH HAMALA $21,000 NATHAN RAMIA $23,750 BENJAMIN CALVIN $24,375

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescFIXED ASSETSDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$202,268NoncashContributionsRptF990Amt
Method Of Determining RevenuesBOOK VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE AMOUNT IN COLUMN B CONSISTS OF THE NUMBER OF CONTRIBUTORS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. A FINAL COPY OF THE RETURN WAS PROVIDED TO THE BOARD BEFORE IT WAS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEACH COVERED OFFICIAL DISCLOSES ANY AND ALL FACTS THAT MAY BE CONSTRUED AS A CONFLICT OF INTEREST, BOTH THROUGH AN ANNUAL DISCLOSURE PROCESS AND WHENEVER SUCH ACTUAL OR POTENTIAL CONFLICT ARISES. THE BOARD OF DIRECTORS RECOGNIZES THAT CONFLICTS OF INTEREST ARE NOT UNCOMMON, AND THAT NOT ALL CONFLICTS OF INTEREST ARE NECESSARILY HARMFUL TO THE CORPORATION. COVERED OFFICIALS ARE NONETHELESS ENCOURAGED TO ERR ON THE SIDE OF DISCLOSURE. THE BOARD OF DIRECTORS REQUIRES FULL DISCLOSURE OF ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST. THE BOARD OF DIRECTORS WILL DETERMINE WHETHER OR NOT A CONFLICT OF INTEREST EXISTS AND WHETHER OR NOT SUCH CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTEREST OF THE ORGANIZATION. A DIRECTOR WHOSE POTENTIAL CONFLICT IS UNDER REVIEW MAY NOT DEBATE, VOTE, OR OTHERWISE PARTICIPATE IN SUCH DETERMINATION. IF THE BOARD OF DIRECTORS DETERMINES THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST DOES EXIST, THE BOARD SHALL ALSO DETERMINE AN APPROPRIATE REMEDY.
FORM 990, PART VI, SECTION B, LINE 15PURSUANT TO MRI'S COMPENSATION POLICY, THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF ALL CHIEF EMPLOYED EXECUTIVES, OFFICERS, AND KEY EMPLOYEES AT THE TIME OF HIRING AND ON AN ANNUAL BASIS THEREAFTER. THE MOST RECENT REVIEW OF COMPENSATION TOOK PLACE IN JANUARY 2024. IN REVIEWING AND APPROVING COMPENSATION PURSUANT TO THE POLICY, THE BOARD USES COMPARABILITY DATA TO DETERMINE THE FAIR MARKET VALUE OF THE COMPENSATION, ENSURES THAT ONLY IMPARTIAL DECISION MAKERS ARE INVOLVED IN THE REVIEW AND APPROVAL PROCESS, AND DOCUMENTS CONCURRENTLY WITH ITS DECISIONS HOW IT REACHED THOSE DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VII, SECTION A:MURMURATION RESEARCH INSTITUTE (MRI) IS A PARTY TO A COST SHARING REIMBURSEMENT ARRANGEMENT WITH AN AFFILIATED BUT UNRELATED ORGANIZATION, MURMURATION, INC., A SEPARATE 501(C)4 ORGANIZATION. MRI AND MURMURATION ARE PARTIES TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH MRI IS REIMBURSED FOR PERSONNEL COSTS INCURRED BY MURMURATION. AMOUNTS REPORTED AS COMPENSATION ON PART VII REFLECT THE AMOUNTS ALLOCATED TO MRI.
FORM 990, PART IX, LINE 11GCONSULTANT FEES: PROGRAM SERVICE EXPENSES 1,490,402. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,490,402. RECRUITING FEES: PROGRAM SERVICE EXPENSES 149,430. MANAGEMENT AND GENERAL EXPENSES 26,350. FUNDRAISING EXPENSES 4,879. TOTAL EXPENSES 180,659. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 509,588. MANAGEMENT AND GENERAL EXPENSES 889,282. FUNDRAISING EXPENSES 9,539. TOTAL EXPENSES 1,408,409. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 106,186. MANAGEMENT AND GENERAL EXPENSES 18,725. FUNDRAISING EXPENSES 3,467. TOTAL EXPENSES 128,378.

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