THE COORDINATION LAB INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE COORDINATION LAB INC (EIN 84-2181021)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202303199349326615
- Schema version
- 2022v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T18:18:17-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 205855985 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WATERS & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3311 CANDELARIA NE SUITE J | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 871071952 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 842181021 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SECONDMUSE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SECO | BusinessNameControlTxt |
| Phone | 5148068023 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ASH ST SUITE B | AddressLine1Txt |
| City | LAKE OSWEGO | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97034 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERICA BARBOSA | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9524869062 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ERICA | PersonFirstNm |
| Person Last | BARBOSA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | OLLIE D WATERS | PreparerPersonNm |
| PTIN | P00072561 | PTIN |
| Phone | 5052600616 | PhoneNum |
| Preparation | 2023-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Principal Officer | NICOLE MCDONALD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ASH ST SUITE B | AddressLine1Txt |
| City | LAKE OSWEGO | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97034 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,727,123 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | SECONDMUSEFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 4 | VotingMembersIndependentCnt |
| Total Employee | 18 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $9,612,360 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,711,605 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $350 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,518 | CYInvestmentIncomeAmt |
| PY Other Revenue | $47 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $9,612,757 | PYTotalRevenueAmt |
| CY Total Revenue | $5,727,123 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $139,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $646,327 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,077,767 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,515,615 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,169,737 | PYOtherExpensesAmt |
| CY Other Expenses | $4,516,082 | CYOtherExpensesAmt |
| PY Total Expenses | $4,387,004 | PYTotalExpensesAmt |
| CY Total Expenses | $6,678,024 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,225,753 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$950,901 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,771,916 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,411,487 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,075,667 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,666,139 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,696,249 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,745,348 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $5,954,904 | ExpenseAmt |
| Grant | $646,327 | GrantAmt |
| Desc | GET CITIES OUR FLAGSHIP PROGRAM SINCE 2019, WORKS TO BUILD A MORE INCLUSIVE FUTURE IN TECH, STARTING AT THE CITY LEVEL. OUR APPROACH IS BEING IMPLEMENTED IN CHICAGO, WASHINGTON DC, AND MIAMI, WHICH LAUNCHED IN MARCH 2022. ACROSS OUR PORTFOLIOS, GET CITIES HOSTED OR CO-HOSTED 112 EVENTS BRINGING PEOPLE TOGETHER AROUND ECOSYSTEM BUILDING, WORKFORCE DEVELOPMENT, AND ENTREPRENEURSHIP, INVITING ABOUT 40 SPEAKERS TO SHARE THEIR EXPERIENCE AND EXPERTISE WITH MORE THAN 2,000 ATTENDEES HELPING THEM TO INCREASE THEIR KNOWLEDGE. WE ALSO SPOKE ON 20 PANELS, WORKED WITH 71 NEW LOCAL AND NATIONAL PARTNERS, AND ADDED 200 ORGANIZATIONS TO OUR NETWORK OF OVER 1,000 PEER ORGANIZATIONS. WE SUPPORTED VENTURE FELLOWS, SPONSORED A SERIES OF PITCH COMPETITIONS TO TECHSTARS, SUPPORTED DEAF WOMEN OF COLOR TO GET HIRED INTO CYBERSECURITY ROLES, AND PROVIDED GRANTS AND TECH SUPPORT TO SMALL BUSINESSES. TECH EQUITY WORKING GROUP THROUGH OUR TECH EQUITY WORKING GROUP, WHICH COLLABORATIVELY DESIGNS CITY-WIDE SOLUTIONS AND COLLECTIVE INFRASTRUCTURE TO ADDRESS GENDER AND RACIAL INEQUITIES FOR MARGINALIZED FOUNDERS IN CHICAGO, IT WAS POSSIBLE TO RAISE 8.8M. WE KICKED OFF NETWORK BUILDING WITH A ROAD SHOW IN SAN FRANCISCO AND TECHSTARS FOUNDERCON TO BRING EXPOSURE TO THE EXCITING FOUNDERS COMING OUT OF CHICAGO AND TO BUILD CONNECTIONS ACROSS A BROADER NATIONAL ECOSYSTEM. HEADSTREAM WE SPONSORED THE NATIONAL INNOVATION PROGRAM FOCUSED ON CREATING A JUST AND THRIVING DIGITAL ECONOMY THAT SUPPORTS THE WELLBEING OF YOUNG PEOPLE THROUGH A NEW PHASE OF WORK AND CONTRACT PROCESS WITH PIVOTAL VENTURES. WE SPONSORED THE INITIATIVE FROM AUG 2021-FEB 2022. DURING THIS TIME THE PROJECT DESIGNED ITS 5 YEAR PROGRAM, WHICH INCLUDED IMPACT MEASUREMENT INTEGRATION AND SUSTAINABILITY PLANNING; THE LAUNCH OF THE HEADSTREAM ACCELERATOR; AND YOUTH PROGRAM CODIFICATION. IT ALSO IDENTIFIED PROGRAM PARTICIPANTS AND A FISCAL SPONSOR (ARABELLA ADVISORS). ONCE OUR SPONSORSHIP ENDED, WE SERVED AS PART OF THE ADVISORY BOARD FOR THE REST OF THE YEAR. BLACK TECH STREET IN PARTNERSHIP WITH SECONDMUSE LLC, WE HAVE FULLY SUPPORTED THIS INNOVATIVE INITIATIVE WITH A VISION FOR THE REBIRTH OF TULSAS BLACK WALL STREET AS THE NEW GLOBAL CENTER FOR BLACK-OWNED TECHNOLOGY COMPANIES. IN ADDITION TO OUR SPONSORSHIP, WE ALSO SERVE ON THE ADVISORY BOARD. WE HAVE BEEN THRILLED TO SEE BLACK TECH STREET COVERED ON VARIOUS MEDIA OUTLETS INCLUDING CNN, FORBES AND CSR WIRE. IN 2022, IT SUCCESSFULLY DEVELOPED A 10-YEAR STRATEGY FOR THE CREATION OF A THRIVING BLACK TECHECOSYSTEM IN TULSA. THEY ALSO CONDUCTED A CATALYTIC FACTOR ANALYSIS USING DIGITAL DELTA, A TOOL THAT WAS INITIALLY DEVELOPED FOR HEADSTREAM. THIS HELPED TO IDENTIFY WHICH FACTOR WOULD BE MOST CATALYTIC TO SOLVE IN THE BUILDING OF BLACK TECH STREET. THE FOUNDER, TYRANCE BILLINGSLEY, SAID: INNOVATIONS THAT CHANGE THE WORLD DONT COME FROM POLITICS; THEY COME FROM ENTREPRENEURSHIP. TECH COMPANIES, INCLUDING MICROSOFT, HAVE LOCATED BRANCHES IN TULSA, AND THEY ARE ACTIVELY RECRUITING INCLUSIVE CAPITAL COLLECTIVE THE INCLUSIVE CAPITAL COLLECTIVE (ICC) IS A GROWING NETWORK OF COMMUNITY FUND MANAGERS AND ENTREPRENEUR SUPPORT ORGANIZATIONS DESIGNING AND DEVELOPING SHARED TECHNICAL AND FINANCIAL INFRASTRUCTURE FOR AGGREGATING AND DEPLOYING FINANCIAL CAPITAL AND OTHER RESOURCES TO ENTREPRENEURS AND COMMUNITIES OF COLOR IN THE US. THE NETWORK IS SUPPORTED BY VARIOUS FUNDERS, INCLUDING A THREE- YEAR GRANT FROM THE ECONOMIC DEVELOPMENT ADMINISTRATION. IN 2022, THEIR INDIVIDUAL MEMBERSHIP INCREASED FROM 100 TO 250. SEVERAL EVENTS WERE HELD IN PENNSYLVANIA, CHICAGO, AND COLORADO, WHICH BROUGHT TOGETHER COMMUNITIES FROM ACROSS FUNDERS, ENTREPRENEUR SUPPORT ORGANIZATIONS, AND POLICYMAKERS FOR FACILITATED WORKING SESSIONS AND DISCUSSIONS FOCUSED ON TRAUMA-INFORMED FINANCIAL PROGRAMMING AND PRODUCTS. THE ICC ALSO PUBLISHED 3 BLACK PAPERS, WHICH HIGHLIGHTED THE NEED FOR RELATIONSHIP-BASED LENDING TO DRIVE EQUITY. WE SUPPORTED THE ICC IN PUBLISHING 30 CAPITAL INNOVATOR SPOTLIGHT INTERVIEWS THAT ARE FEATURED ON ITS COMMUNITY PLATFORM. THROUGH THESE PROFILE PAGES, READERS GAIN INSIGHT INTO THE INCLUSIVE CAPITAL COLLECTIVES UNIQUE APPROACH TO ADVANCING ECONOMIC EQUITY AND SOCIAL JUSTICE. EACH PROFILE HIGHLIGHTS THE ICC MEMBERS PERSONAL JOURNEY, PROFESSIONAL ACHIEVEMENTS, AND THEIR UNWAVERING COMMITMENT TO USING THEIR SKILLS, KNOWLEDGE, AND RESOURCES TO CREATE A MORE INCLUSIVE AND EQUITABLE FINANCIAL ECOSYSTEM. THE INCUBATION NETWORK WITH SUPPORT FROM THE ECCA FAMILY FOUNDATION, THE PROGRAM TACKLES PLASTIC LEAKAGE AND ADVANCES A CIRCULAR ECONOMY BY SUPPORTING STARTUPS ACROSS ALL MATURITY STAGES AND SCALING THEIR EARLY-STAGE OR PRE- INVESTMENT INNOVATIONS TOGETHER WITH KEY INDUSTRY STAKEHOLDERS. WITH OUR SUPPORT THEY RECEIVED A GRANT FROM THE GERMAN FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT (BMZ) TO CONDUCT SINGLE USE PLASTIC CHALLENGES IN 5 COUNTRIES. THESE CHALLENGES WERE COMPLETED SUCCESSFULLY: 19 IN INDIA, 12 IN THAILAND, 37 IN INDONESIA, 17 IN VIETNAM, AND 6 IN THE PHILIPPINES. AT THE COMPLETION OF THE CHALLENGES, LESSONS LEARNED AND INSIGHT REPORTS WERE PUBLISHED. DURING THE CHALLENGE PILOTS, 76 STARTUPS AND 8 ESOS, 16 SMES, AND 57 VENTURES WERE SUPPORTED, AND A TOTAL OF 934.7 KG OF PLASTICS WAS ESTIMATED TO HAVE BEEN AVOIDED. FUNDRAISING ACHIEVEMENTS THROUGHOUT 2022, WE WERE PROUD TO RAISE FUNDS AND SPONSORED PROJECTS. THIS INCLUDED GRANT FUNDS RECEIVED FROM THE GERMAN FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT (BMZ) TO IMPLEMENT FOR THE INCUBATION NETWORKS SINGLE USE PLASTIC CHALLENGES. WE ALSO FISCALLY SPONSORED PROJECTS SUCH AS HEADSTREAM AND BLACK TECH STREET, WHICH IS A PROJECT FUNDED BY MULTIPLE DONORS. WE DRAFTED A FUNDRAISING STRATEGY TO PURSUE MORE FUNDING OPPORTUNITIES THAT ARE ALIGNED WITH OUR AMBITION AND MISSION. WE EXPECT THIS STRATEGY TO GUIDE THE EFFORTS TO RAISE ADDITIONAL FUNDING IN FY 2023. OPERATIONAL ACHIEVEMENTS THROUGHOUT THE YEAR WE WORKED TO OVERSEE PROJECT BUDGETS SO THAT THEY WERE SPENT EFFICIENTLY, EFFECTIVELY, AND ON TIME, CONDUCT DUE DILIGENCE ON SPONSORED PROJECTS TO MINIMIZE AND MITIGATE RISKS, AS WELL AS MAKING SURE DONOR REPORTS WERE SUBMITTED ON TIME. THESE EFFORTS INCLUDED MANAGING 85 SUB-GRANTS AND CONTRACTS AWARDED IN THE YEAR 2022. TO SUPPORT THIS FUNDRAISING EFFORT AS WELL AS TO INTRODUCE OUR STRATEGIC VISION, A NEW WEBSITE WAS DEVELOPED TOWARDS THE END OF THE FISCAL YEAR 2022 AND LAUNCHED IN THE FIRST QUARTER OF 2023. | Desc |
| Total Program Service Expenses | $5,954,904 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 64 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 18 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 4 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERICA BARBOSA | PersonNm |
| Phone | 5148068023 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ASH ST SUITE B | AddressLine1Txt |
| City | LAKE OSWEGO | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97034 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|
| NICOLE MCDONALD | |||||
| PRESIDENT | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ERICA BARBOSA | |||||
| TREASURER | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TODD KHOZEIN | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| CARRIE FREEMAN | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| ANTHONY JEWETT | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| SARAH OWEN | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| SECONDMUSE LLC | ||||||
| PO BOX 582 | BERNALILLO | NM | 87004 | CONSULTING | $1,921,056 | |
| SERWAH AFRIYIE | ||||||
| 4808 WASHTENAW AVE | ANN ARBOR | MI | 48108 | CONSULTING | $102,423 | APT A8 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,711,605 | AllOtherContributionsAmt |
| Total Contributions | $5,711,605 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,518 | TotalRevenueColumnAmt |
| Exclusion | $15,518 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,727,123 | TotalRevenueColumnAmt |
| Exclusion | $15,518 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $569,327 | TotalAmt |
| Program Services | $569,327 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,000 | TotalAmt |
| Program Services | $77,000 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,349,323 | TotalAmt |
| Program Services | $1,207,907 | ProgramServicesAmt |
| Management And General | $141,416 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,284 | TotalAmt |
| Program Services | $55,756 | ProgramServicesAmt |
| Management And General | $6,528 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,008 | TotalAmt |
| Program Services | $93,107 | ProgramServicesAmt |
| Management And General | $10,901 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,961 | TotalAmt |
| Management And General | $13,961 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,907,248 | TotalAmt |
| Program Services | $3,464,829 | ProgramServicesAmt |
| Management And General | $442,419 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,719 | TotalAmt |
| Program Services | $25,719 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,689 | TotalAmt |
| Program Services | $114,462 | ProgramServicesAmt |
| Management And General | $3,227 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,844 | TotalAmt |
| Program Services | $9,168 | ProgramServicesAmt |
| Management And General | $70,676 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,433 | TotalAmt |
| Program Services | $62,433 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,637 | TotalAmt |
| Program Services | $131,100 | ProgramServicesAmt |
| Management And General | $27,537 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,860 | TotalAmt |
| Program Services | $360 | ProgramServicesAmt |
| Management And General | $2,500 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,272 | TotalAmt |
| Program Services | $716 | ProgramServicesAmt |
| Management And General | $3,556 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MISCELLANEOUS | $87,079 | $86,770 | $309 |
| AWARDS & GRANTS | $56,000 | $56,000 | |
| LICENSES & PERMITS | $340 | $250 | $90 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,678,024 | TotalAmt |
| Program Services | $5,954,904 | ProgramServicesAmt |
| Management And General | $723,120 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,169,243 | BOYAmt |
| EOY | $838,925 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,596,862 | BOYAmt |
| EOY | $6,430,546 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $141,600 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,811 | BOYAmt |
| EOY | $416 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,771,916 | BOYAmt |
| EOY | $7,411,487 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,031,193 | BOYAmt |
| EOY | $1,666,139 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,474 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,075,667 | BOYAmt |
| EOY | $1,666,139 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,679,107 | BOYAmt |
| EOY | $1,427,150 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,017,142 | BOYAmt |
| EOY | $4,318,198 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,696,249 | BOYAmt |
| EOY | $5,745,348 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,771,916 | BOYAmt |
| EOY | $7,411,487 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$950,901 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,699,029 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,298,429 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,612,360 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,711,605 | CurrentTaxYearAmt |
| Total | $19,321,423 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,699,029 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,298,429 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,612,360 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,711,605 | CurrentTaxYearAmt |
| Total | $19,321,423 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $19,321,423 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $3 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $350 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,518 | CurrentTaxYearAmt |
| Total | $15,871 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $47 | CurrentTaxYearMinus1YearAmt |
| Total | $47 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $19,337,341 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $47 | GrossReceiptsRltdActivitiesAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | 47 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,727,123 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $5,727,123 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $5,727,123 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,678,024 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $6,678,024 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $6,678,024 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | SECONDMUSE FOUNDATION ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ORGANIZATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. AS OF DECEMBER 31, 2022, THERE WERE NO UNCERTAIN TAX POSITIONS NOTED. SECONDMUSE FOUNDATION'S' POLICY IS TO CLASSIFY INCOME TAX PENALTIES AND INTEREST, WHEN APPLICABLE, ACCORDING TO THEIR NATURAL CLASSIFICATION. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| INDIA | PROGRAM | TECHNOLOGY CONSULTIN | |
| SINGAPORE | PROGRAM | ENTREPRENEURSHIP | $17,000 |
| THAILAND | PROGRAM | ENVIRONMENTAL | $60,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $77,000 | SubtotalSpentAmt |
| Total Spent | $77,000 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)
| Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|
| ENVIRONMENTAL | $15,000 | EFT |
| ENVIRONMENTAL | $15,000 | EFT |
| ENVIRONMENTAL | $42,000 | EFT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 6 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE F, PAGE 1, PART I, LINE 2 | EACH GRANT IS INITIATED WITH A LEGAL AGREEMENT BEFORE THE DISTRIBUTION OF FUNDS. FUNDS ARE DISTRIBUTED INCREMENTALLY SO SOME RECOURSE IS AVAILABLE SHOULD AN ISSUE ARISE. GRANTS ARE MONITORED THROUGH ONGOING MEETINGS OR OTHER ENGAGEMENTS AS APPROPRIATE FOR THE DURATION OF THE GRANT. |
| SCHEDULE F, PAGE 1, PART I, LINE 3 | INDIA 0 0 SINGAPORE 17,000 0 THAILAND 60,000 0 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| P33 | ||||||||
| 1234 W FULTON MARKET | CHICAGO | IL | 60607 | 832851368 | 501C3 | $50,000 | SUPPORT ENTREPRENEUR | |
| OPPORTUNITY HUB | ||||||||
| 1175 PEACHTREE STREET | ATLANTA | GA | 30361 | $187,500 | MINORITIES IN TECH | SUITE 1000 | ||
| BITWISE IMPACT | ||||||||
| 700 VAN NESS AVE | FRESNO | CA | 93721 | 464127911 | 501 C3 | $12,500 | WORKFORCE DIVERSITY | |
| CIRCULATE INITIATIVE | ||||||||
| 111 WOOD AVE S | ISELIN | NJ | 08830 | 834505154 | 501 C3 | $39,328 | ENVIRONMENTAL | |
| MIAMI FOUNDATION | ||||||||
| 40 NW 3RD STREET | MIAMI | FL | 33128 | 650350357 | 501 C3 | $112,000 | PHILANTHROPHY | SUITE 305 |
| LATINAS IN TECH | ||||||||
| 455 MORAGA RD | MORAGA | CA | 94556 | 831493724 | 501 C3 | $10,000 | MINORITIES IN TECH | STE I |
| ILLINOIS SCIENCE AND TECHNOLOGY COA | ||||||||
| 20 N WACKER DRIVE | CHICAGO | IL | 60606 | 352334171 | 501 C3 | $18,000 | ECONOMIC DEVELOPMENT | SUITE 1200 |
| DEPAUL UNIVERSITY | ||||||||
| 1 E JACKSON BLVD | CHICAGO | IL | 60604 | 362167048 | 501 C3 | $40,000 | EDUCATION | |
| CHICAGO BLEND GROUP | ||||||||
| 2833 N BURLING ST | CHICAGO | IL | 60657 | 852034595 | 501 C3 | $99,999 | DIVERSITY IN VC | APT 2N |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|
| SECONDMUSE LLC | ||
| MEMBER | 25% OWNER | false |
| SECONDMUSE LLC | ||
| MEMBER | 25% OWNER | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | TODD KHOZEIN, AND CARRIE FREEMAN EACH OWN A 25% SHARE OF SECONDMUSE LLC. SECONDMUSE LLC PROVIDES SERVICES TO THE SECONDMUSE FOUNDATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, ITEM B | FORM AMENDED FOR THE ISSUANCE OF THE AUDIT |
| FORM 990 - ORGANIZATION'S MISSION | THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. |
| FORM 990, PAGE 2, PART III, LINE 4A | GET CITIES OUR FLAGSHIP PROGRAM SINCE 2019, WORKS TO BUILD A MORE INCLUSIVE FUTURE IN TECH, STARTING AT THE CITY LEVEL. OUR APPROACH IS BEING IMPLEMENTED IN CHICAGO, WASHINGTON DC, AND MIAMI, WHICH LAUNCHED IN MARCH 2022. ACROSS OUR PORTFOLIOS, GET CITIES HOSTED OR CO-HOSTED 112 EVENTS BRINGING PEOPLE TOGETHER AROUND ECOSYSTEM BUILDING, WORKFORCE DEVELOPMENT, AND ENTREPRENEURSHIP, INVITING ABOUT 40 SPEAKERS TO SHARE THEIR EXPERIENCE AND EXPERTISE WITH MORE THAN 2,000 ATTENDEES HELPING THEM TO INCREASE THEIR KNOWLEDGE. WE ALSO SPOKE ON 20 PANELS, WORKED WITH 71 NEW LOCAL AND NATIONAL PARTNERS, AND ADDED 200 ORGANIZATIONS TO OUR NETWORK OF OVER 1,000 PEER ORGANIZATIONS. WE SUPPORTED VENTURE FELLOWS, SPONSORED A SERIES OF PITCH COMPETITIONS TO TECHSTARS, SUPPORTED DEAF WOMEN OF COLOR TO GET HIRED INTO CYBERSECURITY ROLES, AND PROVIDED GRANTS AND TECH SUPPORT TO SMALL BUSINESSES. TECH EQUITY WORKING GROUP THROUGH OUR TECH EQUITY WORKING GROUP, WHICH COLLABORATIVELY DESIGNS CITY-WIDE SOLUTIONS AND COLLECTIVE INFRASTRUCTURE TO ADDRESS GENDER AND RACIAL INEQUITIES FOR MARGINALIZED FOUNDERS IN CHICAGO, IT WAS POSSIBLE TO RAISE 8.8M. WE KICKED OFF NETWORK BUILDING WITH A ROAD SHOW IN SAN FRANCISCO AND TECHSTARS FOUNDERCON TO BRING EXPOSURE TO THE EXCITING FOUNDERS COMING OUT OF CHICAGO AND TO BUILD CONNECTIONS ACROSS A BROADER NATIONAL ECOSYSTEM. HEADSTREAM WE SPONSORED THE NATIONAL INNOVATION PROGRAM FOCUSED ON CREATING A JUST AND THRIVING DIGITAL ECONOMY THAT SUPPORTS THE WELLBEING OF YOUNG PEOPLE THROUGH A NEW PHASE OF WORK AND CONTRACT PROCESS WITH PIVOTAL VENTURES. WE SPONSORED THE INITIATIVE FROM AUG 2021-FEB 2022. DURING THIS TIME THE PROJECT DESIGNED ITS 5 YEAR PROGRAM, WHICH INCLUDED IMPACT MEASUREMENT INTEGRATION AND SUSTAINABILITY PLANNING; THE LAUNCH OF THE HEADSTREAM ACCELERATOR; AND YOUTH PROGRAM CODIFICATION. IT ALSO IDENTIFIED PROGRAM PARTICIPANTS AND A FISCAL SPONSOR (ARABELLA ADVISORS). ONCE OUR SPONSORSHIP ENDED, WE SERVED AS PART OF THE ADVISORY BOARD FOR THE REST OF THE YEAR. BLACK TECH STREET IN PARTNERSHIP WITH SECONDMUSE LLC, WE HAVE FULLY SUPPORTED THIS INNOVATIVE INITIATIVE WITH A VISION FOR THE REBIRTH OF TULSAS BLACK WALL STREET AS THE NEW GLOBAL CENTER FOR BLACK-OWNED TECHNOLOGY COMPANIES. IN ADDITION TO OUR SPONSORSHIP, WE ALSO SERVE ON THE ADVISORY BOARD. WE HAVE BEEN THRILLED TO SEE BLACK TECH STREET COVERED ON VARIOUS MEDIA OUTLETS INCLUDING CNN, FORBES AND CSR WIRE. IN 2022, IT SUCCESSFULLY DEVELOPED A 10-YEAR STRATEGY FOR THE CREATION OF A THRIVING BLACK TECHECOSYSTEM IN TULSA. THEY ALSO CONDUCTED A CATALYTIC FACTOR ANALYSIS USING DIGITAL DELTA, A TOOL THAT WAS INITIALLY DEVELOPED FOR HEADSTREAM. THIS HELPED TO IDENTIFY WHICH FACTOR WOULD BE MOST CATALYTIC TO SOLVE IN THE BUILDING OF BLACK TECH STREET. THE FOUNDER, TYRANCE BILLINGSLEY, SAID: INNOVATIONS THAT CHANGE THE WORLD DONT COME FROM POLITICS; THEY COME FROM ENTREPRENEURSHIP. TECH COMPANIES, INCLUDING MICROSOFT, HAVE LOCATED BRANCHES IN TULSA, AND THEY ARE ACTIVELY RECRUITING INCLUSIVE CAPITAL COLLECTIVE THE INCLUSIVE CAPITAL COLLECTIVE (ICC) IS A GROWING NETWORK OF COMMUNITY FUND MANAGERS AND ENTREPRENEUR SUPPORT ORGANIZATIONS DESIGNING AND DEVELOPING SHARED TECHNICAL AND FINANCIAL INFRASTRUCTURE FOR AGGREGATING AND DEPLOYING FINANCIAL CAPITAL AND OTHER RESOURCES TO ENTREPRENEURS AND COMMUNITIES OF COLOR IN THE US. THE NETWORK IS SUPPORTED BY VARIOUS FUNDERS, INCLUDING A THREE- YEAR GRANT FROM THE ECONOMIC DEVELOPMENT ADMINISTRATION. IN 2022, THEIR INDIVIDUAL MEMBERSHIP INCREASED FROM 100 TO 250. SEVERAL EVENTS WERE HELD IN PENNSYLVANIA, CHICAGO, AND COLORADO, WHICH BROUGHT TOGETHER COMMUNITIES FROM ACROSS FUNDERS, ENTREPRENEUR SUPPORT ORGANIZATIONS, AND POLICYMAKERS FOR FACILITATED WORKING SESSIONS AND DISCUSSIONS FOCUSED ON TRAUMA-INFORMED FINANCIAL PROGRAMMING AND PRODUCTS. THE ICC ALSO PUBLISHED 3 BLACK PAPERS, WHICH HIGHLIGHTED THE NEED FOR RELATIONSHIP-BASED LENDING TO DRIVE EQUITY. WE SUPPORTED THE ICC IN PUBLISHING 30 CAPITAL INNOVATOR SPOTLIGHT INTERVIEWS THAT ARE FEATURED ON ITS COMMUNITY PLATFORM. THROUGH THESE PROFILE PAGES, READERS GAIN INSIGHT INTO THE INCLUSIVE CAPITAL COLLECTIVES UNIQUE APPROACH TO ADVANCING ECONOMIC EQUITY AND SOCIAL JUSTICE. EACH PROFILE HIGHLIGHTS THE ICC MEMBERS PERSONAL JOURNEY, PROFESSIONAL ACHIEVEMENTS, AND THEIR UNWAVERING COMMITMENT TO USING THEIR SKILLS, KNOWLEDGE, AND RESOURCES TO CREATE A MORE INCLUSIVE AND EQUITABLE FINANCIAL ECOSYSTEM. THE INCUBATION NETWORK WITH SUPPORT FROM THE ECCA FAMILY FOUNDATION, THE PROGRAM TACKLES PLASTIC LEAKAGE AND ADVANCES A CIRCULAR ECONOMY BY SUPPORTING STARTUPS ACROSS ALL MATURITY STAGES AND SCALING THEIR EARLY-STAGE OR PRE- INVESTMENT INNOVATIONS TOGETHER WITH KEY INDUSTRY STAKEHOLDERS. WITH OUR SUPPORT THEY RECEIVED A GRANT FROM THE GERMAN FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT (BMZ) TO CONDUCT SINGLE USE PLASTIC CHALLENGES IN 5 COUNTRIES. THESE CHALLENGES WERE COMPLETED SUCCESSFULLY: 19 IN INDIA, 12 IN THAILAND, 37 IN INDONESIA, 17 IN VIETNAM, AND 6 IN THE PHILIPPINES. AT THE COMPLETION OF THE CHALLENGES, LESSONS LEARNED AND INSIGHT REPORTS WERE PUBLISHED. DURING THE CHALLENGE PILOTS, 76 STARTUPS AND 8 ESOS, 16 SMES, AND 57 VENTURES WERE SUPPORTED, AND A TOTAL OF 934.7 KG OF PLASTICS WAS ESTIMATED TO HAVE BEEN AVOIDED. FUNDRAISING ACHIEVEMENTS THROUGHOUT 2022, WE WERE PROUD TO RAISE FUNDS AND SPONSORED PROJECTS. THIS INCLUDED GRANT FUNDS RECEIVED FROM THE GERMAN FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT (BMZ) TO IMPLEMENT FOR THE INCUBATION NETWORKS SINGLE USE PLASTIC CHALLENGES. WE ALSO FISCALLY SPONSORED PROJECTS SUCH AS HEADSTREAM AND BLACK TECH STREET, WHICH IS A PROJECT FUNDED BY MULTIPLE DONORS. WE DRAFTED A FUNDRAISING STRATEGY TO PURSUE MORE FUNDING OPPORTUNITIES THAT ARE ALIGNED WITH OUR AMBITION AND MISSION. WE EXPECT THIS STRATEGY TO GUIDE THE EFFORTS TO RAISE ADDITIONAL FUNDING IN FY 2023. OPERATIONAL ACHIEVEMENTS THROUGHOUT THE YEAR WE WORKED TO OVERSEE PROJECT BUDGETS SO THAT THEY WERE SPENT EFFICIENTLY, EFFECTIVELY, AND ON TIME, CONDUCT DUE DILIGENCE ON SPONSORED PROJECTS TO MINIMIZE AND MITIGATE RISKS, AS WELL AS MAKING SURE DONOR REPORTS WERE SUBMITTED ON TIME. THESE EFFORTS INCLUDED MANAGING 85 SUB-GRANTS AND CONTRACTS AWARDED IN THE YEAR 2022. TO SUPPORT THIS FUNDRAISING EFFORT AS WELL AS TO INTRODUCE OUR STRATEGIC VISION, A NEW WEBSITE WAS DEVELOPED TOWARDS THE END OF THE FISCAL YEAR 2022 AND LAUNCHED IN THE FIRST QUARTER OF 2023. |
| FORM 990, PAGE 6, PART VI, LINE 2 | SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED BY MANAGEMENT AND SELECTED MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ACCEPTANCE AND SUBMISSION TO THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT LEAST ANNUALLY. THE ANNUAL DISCLOSURE FORM APPENDED TO THE END OF THESE BOARD GOVERNANCE POLICIES, SHALL BE COMPLETED AND SUBMITTED BY EACH OFFICER AND DIRECTOR AT THE FIRST SECONDMUSE FOUNDATION MEETING OF THE CALENDAR YEAR OF THE BOARD OF DIRECTORS, AND MAINTAINED IN THE PERMANENT CORPORATE RECORDS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD OF DIRECTORS SHALL OVERSEE THE SETTING OF EXECUTIVE COMPENSATION AND SHALL (1) DETERMINE COMPENSATION OF ALL DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES,AND (2) REVIEW, ASSESS AND APPROVE THE REASONABLENESS OF SUCH COMPENSATION ON A REGULAR BASIS. IN ORDER TO BE APPROVED AS REASONABLE, COMPENSATION MUST BE AN AMOUNT THAT WOULD ORDINARILY BE PAID FOR COMPARABLE WORK BY SIMILARLY SITUATED ORGANIZATIONS UNDER LIKE CIRCUMSTANCES. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE BOARD OF DIRECTORS SHALL OVERSEE THE SETTING OF EXECUTIVE COMPENSATION AND SHALL (1) DETERMINE COMPENSATION OF ALL DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES,AND (2) REVIEW, ASSESS AND APPROVE THE REASONABLENESS OF SUCH COMPENSATION ON A REGULAR BASIS. IN ORDER TO BE APPROVED AS REASONABLE, COMPENSATION MUST BE AN AMOUNT THAT WOULD ORDINARILY BE PAID FOR COMPARABLE WORK BY SIMILARLY SITUATED ORGANIZATIONS UNDER LIKE CIRCUMSTANCES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AND ON THE SECONDMUSE FOUNDATION WEBSITE. |
| FORM 990, PART IX, LINE 11G | CONTRACTORS 3,464,829 442,419 0 |
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