2023-11-01T09:22:58-05:00 2022-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2022-01-01 861153859 THE BIOMIMICRY INSTITUTE BIOM 4158001401 PO BOX 9216 MISSOULA MT 59807 BETH RATTNER EXECUTIVE DIRECTOR 4158001401 2023-11-01 1 BETH RATTNER 999009999 0 JENNIFER S HAN P00633304 2022937000 2023-11-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BETH RATTNER PO BOX 9216 MISSOULA MT 59807 2920604 0 X WWW.BIOMIMICRY.ORG X 2005 MT TO NATURALIZE BIOMIMICRY IN THE CULTURE BY PROMOTING THE TRANSFER OF IDEAS, DESIGNS, AND STRATEGIES FROM BIOLOGY TO SUSTAINABLE HUMAN SYSTEMS DESIGN. 10 10 18 90 0 0 1885407 2632352 116700 48867 4419 6239 0 1520 2006526 2688978 31398 81280 0 0 1208868 1417687 0 0 172053 952852 1047436 2193118 2546403 -186592 142575 1924122 2118943 535013 587259 1389109 1531684 X THE PURPOSES OF THIS CORPORATION SHALL BE TO NATURALIZE BIOMIMICRY IN THE CULTURE BY PROMOTING THE TRANSFER OF IDEAS, DESIGNS, AND STRATEGIES FROM BIOLOGY TO SUSTAINABLE HUMAN SYSTEMS DESIGN. ABOUT BIOMIMICRY: EFFORTS TO ADDRESS CLIMATE CHANGE, CONSUMPTION, POLLUTION, DEFORESTATION, AND THE MYRIAD OF OTHER ISSUES THAT THREATEN THE PLANET HAVE TO DATE BEEN PRIMARILY REACTIVE AND WHOLLY INSUFFICIENT. THE STRATEGIES WE RELIED ON TO PROVIDE FOOD, WATER, ENERGY, SHELTER, AND COMFORT TO A GROWING POPULATION ARE NOW SEEN AS COMPOUNDING RATHER THAN SOLVING THE PROBLEMS. BIOMIMICRY IS A NEW SCIENCE THAT STUDIES NATURE'S BEST IDEAS, ABSTRACTS THE DEEP DESIGN PRINCIPLES, AND THEN EMULATES THESE DESIGNS AND PROCESSES TO SOLVE HUMAN PROBLEMS. THE BIOMIMICRY INSTITUTE IS THE FOREMOST AUTHORITY AND ALL AROUND GO-TO PLACE FOR BIOMIMICRY INFORMATION, THROUGH ITS FOUR MAIN PROGRAMS: BIOMIMICRY DESIGN CHALLENGES & EDUCATION PROGRAMS, INNOVATION PROGRAM, SYSTEMS CHANGE PROGRAM, AND ASKNATURE. 0 0 722129 36690 0 SYSTEMS CHANGE:-DESIGN FOR DECOMPOSITION (D4D)IN 2021 WE INITIATED A NEW SYSTEMS CHANGE PROGRAM TO CONTINUE BUILDING ON THE INTEREST GENERATED BY OUR THE NATURE OF FASHION REPORT (2020). THIS PROGRAM LOOKS AT SYSTEM LEVEL CHALLENGES, WITH AN INITIAL FOCUS ON TEXTILE DECOMPOSITION AND HOW WE CAN DESIGN SYSTEMS THAT ULTIMATELY SUPPORT THE SAFE BREAKDOWN AND BUILD UP OF MATERIALS. WE RELY ON A CONSORTIA OF INTERNATIONAL PARTNERS IN GERMANY, THE NETHERLANDS, GHANA, AND IN THE US. THE D4D INITIATIVE HAS FOUR PRIMARY ELEMENTS: A PHYSICAL PILOT IN WESTERN EUROPE, A PHYSICAL PILOT IN ACCRA, GHANA; GAINING A DEEP UNDERSTANDING OF BIOLOGICAL AND ABIOTIC DEGRADATION AND HOW WE CAN BETTER TEST AND DESIGN FOR DEGRADATION; AND A NARRATIVE COMPONENT. AS PART OF BOTH PHYSICAL PILOTS, WE BEGAN IDENTIFYING DOZENS OF TECHNOLOGIES THAT COULD BREAK DOWN TEXTILES AND GENERATE BIOCOMPATIBLE PRODUCTS OF VALUE, SUCH AS GLUCOSE OR SOIL AMENDMENTS. IN PARTNERSHIP WITH THE UNIVERSITY OF GHANA, WE BEGAN ECOLOGICAL MONITORING OF SEVERAL SITES IN ACCRA THAT ARE SUBJECT TO TEXTILE AND OTHER WASTE. WE ALSO CONDUCTED A BIOLOGICAL LITERATURE REVIEW TO DEEPLY UNDERSTAND NATURAL DECOMPOSITION, AND PARTNERED WITH THE YALE CENTER FOR GREEN CHEMISTRY TO CONDUCT ANOTHER LITERATURE REVIEW ON BIODEGRADATION SCIENCE AND TESTING. 466153 20000 ASKNATURE:AS THE LARGEST OPEN-ACCESS DATABASE FOR INNOVATORS TO FIND BIOLOGICAL MODELS FOR DESIGN GUIDANCE, ASKNATURE IS MISSION-CRITICAL FOR OUR WORK. STUDENTS USE ASKNATURE WHEN THEY FIRST LEARN DESIGN AND ENGINEERING SKILLS IN OUR PROGRAMS AND CONTINUE TO USE IT AS THEY ADVANCE THROUGH UNIVERSITY AND BECOME INNOVATORS. OUR AIM IS TO HAVE NATURE-INSPIRED DESIGN BECOME STANDARD PRACTICE, WITH ASKNATURE AS A PRIMARY TOOL. WE CURRENTLY HAVE MORE THAN 1,750 ARTICLES DESCRIBING BIOLOGICAL STRATEGIES (A CHARACTERISTIC, MECHANISM, OR PROCESS THAT PERFORMS A FUNCTION FOR AN ORGANISM OR OTHER TYPE OF LIVING SYSTEM), 300 ABOUT INNOVATIONS (STORIES BEHIND REALIZED AND CONCEPTUAL PRODUCTS, SERVICES, AND SYSTEM COMPONENTS THAT ARE INSPIRED BY BIOLOGY), 75 INDEXED RESOURCES SPECIFICALLY DESIGNED FOR EDUCATORS, AND 35 FEATURE PAGES FEATURING CURATED SUBSETS OF OUR CONTENT AND CONTEXTUALIZING INTROS OR ESSAYS. ASKNATURE IS THE WORLD'S GO-TO AND LARGEST OPEN-ACCESS SOURCE OF BIOMIMICRY EDUCATION RESOURCES FOR PRIMARY, SECONDARY, POST-SECONDARY, AND PROFESSIONAL AUDIENCES. IN 2022 WE IMPROVED FUNCTIONALITY AND ADDED OR UPDATED HUNDREDS OF PAGES OF CONTENT TO THIS SERVICE.IN 2022, APPROXIMATELY 675,000 PEOPLE VISITED THE SITE FOR 945,000 SESSIONS AND ACCESSED FREE RESOURCES AND CONTENT (IN 2020 THERE WERE 638,000 VISITORS OVER 876,000 SESSIONS). THE US IS OUR LARGEST AUDIENCE, BUT 63% OF OUR TRAFFIC IS INTERNATIONAL, COMING FROM 233 COUNTRIES. OUR USERS ALSO COME FROM A WIDE VARIETY OF SECTORS INCLUDING EDUCATION, ARCHITECTURE, DESIGN, ENGINEERING, BIOTECHNOLOGY, ENVIRONMENT, LAND USE, HEALTH, TRANSPORTATION, ENERGY, FASHION, GOVERNMENT, NON-PROFITS, AND MEDIA. THE YEAR SAW THE LAUNCH OF OUR FIRST MONTHLY NEWSLETTER, WHICH GAINED MORE THAN 5,000 SUBSCRIBERS AND CONSISTENTLY OUTPERFORMS INDUSTRY STANDARDS FOR HIGH OPEN RATES, HIGH ENGAGEMENT RATES, AND LOW UNSUBSCRIBES. TO MEET A LONG-STANDING REQUEST FROM EDUCATORS AND STUDENTS FOR MORE VISUALS, WE BROUGHT ON AN IN-HOUSE ILLUSTRATION AND VISUALS LEAD BOTH TO CREATE ORIGINAL MATERIALS AND MANAGE RELATIONSHIPS WITH EXTERNAL ART PROVIDERS. THIS PRODUCED AN OFFICIAL STYLE GUIDE FOR ILLUSTRATIONS ON ASKNATURE. WE ALSO PRODUCED A SUBSET OF PRINTABLE ASKNATURE PAGES TO SERVE AS AIDS IN CLASSROOM AND CONFERENCE WORK.WE ENTERED THE WORLD OF PODCASTING BY WRITING AND RECORDING 40 ROUGHLY 1-MINUTE AUDIO STORIES ABOUT BIOLOGICAL STRATEGIES IN NATURE FOR THE WONDERSPACE PODCAST OUT OF THE UK. PICKING UP AN ONGOING TOPIC OF INTEREST FOR ASKNATURE, WE BEGAN A NEW PROJECT INVESTIGATING THE POTENTIAL APPLICATION OF ARTIFICIAL INTELLIGENCE TO AID IN THE CREATION OF NEW CONTENT FOR ASKNATURE. WE DEVELOPED PRESETS AND MODEL TRAINING THAT WILL ALLOW OUR EDITORS TO EMPLOY AI RELIABLY IN THEIR PROCESS AND SEE THIS AS A POTENTIAL SOURCE OF GREATLY EXPANDING THE VOLUME OF CONTENT ON OUR SITE. 455380 44590 0 INNOVATION:-BIOMIMICRY LAUNCHPADTHE BIOMIMICRY LAUNCHPAD SUPPORTS A COMMUNITY OF EARLY-STAGE SCIENTISTS AND ENTREPRENEURS WHO BENEFIT FROM EACH OTHER AS THEY DEEPEN THEIR BIOLOGICAL KNOWLEDGE AND DEVELOP THE SKILLS NEEDED TO TRANSFORM THEIR IDEAS FROM CONCEPT TO PROVEN PROTOTYPE AND BEYOND. THE PROGRAM FEATURES A VIRTUAL 10-WEEK CUSTOMER DISCOVERY AND TECHNOLOGY VALIDATION INCUBATOR. THE LAUNCHPAD EQUIPS NATURE-INSPIRED SCIENTISTS, DESIGNERS, AND RESEARCHERS WITH THE SKILLS AND TOOLS THEY NEED TO TURN THEIR WORK INTO SCALABLE STARTUPS.IN 2021, WE ENDED THE BIOMIMICRY GLOBAL DESIGN CHALLENGE IN ORDER TO REALIGN WITH OUR INNOVATION DEPARTMENT'S GOAL OF ACCELERATING THE RATE OF NATURE-INSPIRED SOLUTIONS TO EXTRACTIVE PROBLEMS. SINCE THIS PROGRAM WAS THE FEEDER FOR THE BIOMIMICRY LAUNCHPAD, WE DID NOT RUN A BIOMIMICRY LAUNCHPAD PROGRAM IN 2022. INSTEAD, WE SPENT THE YEAR COLLECTING DATA TO INFORM A NEW AND IMPROVED PROGRAM, WHICH LAUNCHED APPLICATIONS IN Q4 OF 2022. THIS PROGRAM IMPROVEMENT WAS SUPPORTED VIA AN SBIR GROWTH ACCELERATOR FUND COMPETITION AWARD, AND NEW TOPICS WERE CREATED SUCH AS INDIGENOUS KNOWLEDGE SHARING, UNIVERSITY TECHNOLOGY TRANSFER BEST PRACTICES, AND STORYTELLING. -RAY OF HOPE PRIZETHE RAY OF HOPE PRIZE PROGRAM IDENTIFIES STARTUPS WITH NATURE-INSPIRED SOLUTIONS, AMPLIFIES THEIR STORIES AND CONNECTS THEM TO MENTORS AND INVESTORS. THIS IS A HYBRID PROGRAM, WITH PARTICIPANTS ATTENDING A NATURE RETREAT DESIGNED TO CREATE A LIFE-LONG COMMUNITY OF ENVIRONMENTAL ENTREPRENEURS, FOLLOWED BY A 10-WEEK VIRTUAL PROGRAM FOCUSED ON SCIENCE COMMUNICATION AND SUSTAINABLE BUSINESS PRACTICES. THE PROGRAM CULMINATES WITH A $100,000 PRIZE THAT HELPS COMPANIES CROSS A CRITICAL THRESHOLD IN BECOMING VIABLE BUSINESSES. IN SUPPORTING THE NEXT GENERATION OF BUSINESSES TO SOLVE BIG CHALLENGES, THE INSTITUTE BRINGS ATTENTION TO THE INNOVATIVE, NATURE-BASED SOLUTIONS NEEDED TO BUILD A SUSTAINABLE AND RESILIENT WORLD.THE 2022 AWARD RECIPIENT WAS GREENPOD LABS, FROM CHENNAI, INDIA. GREENPOD LABS HAVE CREATED BIO-INSPIRED PACKAGING SACHETS THAT RELEASE PLANT BASED VOLATILES TO ACTIVATE THE BUILT-IN DEFENSE MECHANISM WITHIN SPECIFIC FRUITS OR VEGETABLES, IN ORDER TO SLOW DOWN THE RIPENING RATE AND MINIMIZE MICROBIAL GROWTH. BY UNDERSTANDING CROP PHYSIOLOGY AND SPOILAGE TYPES, GREENPOD LABS IS ABLE TO CREATE THE RIGHT FORMULATION FOR PRODUCE TO FIGHT AGAINST BIOTIC AND ABIOTIC STRESSES AT AMBIENT TEMPERATURE, LESSENING THE NEED FOR COLD STORAGE AND COLD SUPPLY CHAINS. FUSION BIONIC, FROM DRESDEN, GERMANY, CREATES LASER-GENERATED SURFACE TEXTURES INSPIRED BY TEXTURES FOUND IN NATURE, TOOK HOME THE $25,000 RUNNER-UP PRIZE. IN TOTAL, TEN STARTUPS (SELECTED FROM 212 APPLICANTS) PARTICIPATED IN THIS YEAR'S RAY OF HOPE PRIZE PROGRAM, WHICH CONSISTED OF TRAINING ON SUSTAINABLE BUSINESS PRACTICES AND SCIENCE COMMUNICATION SKILLS, IN ADDITION TO ACCESSING A CURATED COMMUNITY OF EXPERT MENTORS, ADVISORS, AND INVESTORS. ADDITIONALLY, THESE 10 STARTUP COMPANIES PARTICIPATED IN A WEEK-LONG NATURE IMMERSION IN THE COASTAL CALIFORNIA REDWOODS, IN WHICH THEY BUILT A LIFE-LONG COMMUNITY OF PEERS AND PARTICIPATED IN ACTIVITIES DESIGNED TO FOSTER A CONSERVATION AND ENVIRONMENTAL MINDSET. 361334 28867 DESIGN CHALLENGES AND OTHER EDUCATION 361334 28867 2004996 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY X X BETH RATTNER 4158001401 PO BOX 9216 MISSOULA MT 59807 ANGELA NAHIKIAN PRESIDENT 2.00 X X 0 0 0 KENT SNYDER VICE PRESIDENT 2.00 X X 0 0 0 JIM BUNCH SECRETARY 2.00 X X 0 0 0 ERIN ROVALO TREASURER 1.00 X X 0 0 0 BILLY ALMON BOARD OF DIRECTOR 1.00 X 0 0 0 LAUREN BIRNEY BOARD OF DIRECTOR 2.00 X 0 0 0 DIMITRI DEHEYN BOARD OF DIRECTOR 1.00 X 0 0 0 EVELYN ERICKSON BOARD OF DIRECTOR 1.00 X 0 0 0 LISA GAUTIER BOARD OF DIRECTOR 1.00 X 0 0 0 DANIELA PIGOSSO BOARD OF DIRECTOR 1.00 X 0 0 0 BETH RATTNER EXECUTIVE DIRECTOR 40.00 X 170389 0 16013 ANDREW HOWLEY ASKNATURE CHIEF EDITOR 40.00 X 102008 0 9872 MEGAN DWYER ASKNATURE BRAND MARKETING DIRECTOR 40.00 X 101020 0 4041 373417 0 29926 3 0 1 0 0 2632352 21239 2632352 CONSULTING 900099 33000 33000 WORKSHOPS 611710 12100 12100 ONLINE EDUCATION 611710 2370 2370 PRG APPLICATION FEES 611710 1397 1397 48867 5178 5178 232687 231626 1061 1061 1061 REIMBURSED EXPENSE 900099 775 775 OTHER INCOME 900099 745 745 1520 2688978 48867 0 7759 X 22099 22099 59181 59181 186402 102217 45351 38834 1056032 826559 138942 90531 25858 20818 3099 1941 56346 44198 7314 4834 93049 69914 13556 9579 7124 7124 34929 34929 657866 603360 40746 13760 864 99 756 9 36230 20852 12662 2716 108764 81572 18913 8279 91120 71116 18867 1137 28409 22527 5882 62864 57018 5846 5306 3054 1854 398 CCY TRANSLATION LOSS 10407 10407 BUSINESS EXPENSES 3553 412 3106 35 2546403 2004996 369354 172053 95281 337084 1174630 1655869 494277 20594 4103 525 14282 20116 207724 122994 141524 84730 25 25 1924122 2118943 169820 148566 365193 438693 535013 587259 X 912510 1258691 476599 272993 1389109 1531684 1924122 2118943 142575 0 X X 0 1 X 1 0 X 1138020 1752504 1873028 1885407 2632352 9281311 1138020 1752504 1873028 1885407 2632352 9281311 6239130 3042181 5987 12519 8168 4419 5178 36271 123 123 9317705 530996 0.32650 0.28180 X THE ORGANIZATION MEETS THE 'FACTS AND CIRCUMSTANCES' TEST FOR THE FOLLOWING REASONS: (1) TBI HAS AN ABSOLUTE MINIMUM OF 10% PUBLIC SUPPORT UNDER THIS TEST, (2) THE CURRENT SUPPORT TEST IS CLOSE TO ONE THIRD OF TOTAL SUPPORT, (3) THE ORGANIZATION'S SUPPORT COMES FROM A BROAD NUMBER OF DONORS, (4) THE ORGANIZATION HAS A GOVERNING BODY THAT IS MORE REPRESENTATIVE OF BROAD PUBLIC INTERESTS, (5) THE ORGANIZATION'S ACTIVITIES DIRECTLY BENEFIT THE PUBLIC, AND (6) A FUNDRAISING PROGRAM IS IN PLACE THAT GENERATES BROAD PUBLIC SUPPORT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30296 23267 7029 177428 99727 77701 84730 X 2730261 41283 41283 2688978 0 2688978 2587686 41283 41283 2546403 0 2546403 PART X, LINE 2: THE INSTITUTE FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE INSTITUTE'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE INSTITUTE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2022 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE INSTITUTE FILES TAX RETURNS. 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 4 GRANTS 27953 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 4 NONCASH GRANTS 3941 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 1 PROGRAM SERVICES PROGRAMMATIC INDEPENDENT CONTRACTOR SERVICES 62435 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS 4878 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 2 FUNDRAISING 573370 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 5 PROGRAM SERVICES PROGRAMMATIC INDEPENDENT CONTRACTOR SERVICES 145082 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 FUNDRAISING AND PROGRAM SERVICES PROGRAMMATIC PARTNERSHIP DEVELOPMENT / INDEPENDENT CONTRACTOR SERVICES 7350 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS 15210 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTS 7199 0 17 0 0 0 17 840219 7199 847418 EUROPE (INCLUDING ICELAND & GREENLAND) 0 BOOK 7155 TRAVEL EXPENSES PAID FOR DIRECTLY BY THE ORGANIZATION ON BEHALF OF THE PARTI EUROPE (INCLUDING ICELAND & GREENLAND) 0 BOOK 7556 TRAVEL EXPENSES PAID FOR DIRECTLY BY THE ORGANIZATION ON BEHALF OF THE PARTI SOUTH AMERICA 0 BOOK 7199 TRAVEL EXPENSES PAID FOR DIRECTLY BY THE ORGANIZATION ON BEHALF OF THE PARTI SUB-SAHARAN AFRICA 27593 3941 5 0 0 0 0 0 0 0 PART III ACCOUNTING METHOD: PART I, LINE 3, COLUMN (F) IN ACCORDANCE WITH IRS INSTRUCTIONS, ALL AMOUNTS REPORTED IN PARTS I OF SCHEDULE F ARE REPORTED USING THE ACCRUAL BASIS OF ACCOUNTING, WHICH IS THE SAME METHOD OF ACCOUNTING USED IN THE FINANCIAL STATEMENTS. PART III THE ORGANIZATION USED THE ACCRUAL BASIS TO ACCOUNT FOR BOTH CASH GRANTS AND NONCASH ASSISTANCE ON ITS FINANCIAL STATEMENTS. PART III, COLUMN (C) IN 2022, EIGHT STUDENTS RECEIVED GRANTS OR ASSISTANCE FROM THE ORGANIZATION. X X 0 0 0 0 0 0 0 0 0 BETH RATTNER EXECUTIVE DIRECTOR 170389 0 0 0 0 0 6841 0 9172 0 186402 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF TOTAL COMPENSATION AND BENEFITS FOR ALL OFFICERS AND KEY EMPLOYEES. PART OF THE REVIEW IS TO DETERMINE WHICH EMPLOYEES ARE OFFICERS OR KEY EMPLOYEES. THE REVIEW IS BASED ON COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE BOARD ALSO DOCUMENTS ITS DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT AND AS TO ANY CHANGES TO BE IMPLEMENTED IN COMPENSATION OR BENEFITS FOR THE DESIGNATED PERSONS. FORM 990, PART VI, SECTION B, LINE 11B THE FOLLOWING IS THE OFFICIAL BIOMIMICRY INSTITUTE 990 POLICY INCLUDED AS PART OF ITS BOARD OF DIRECTORS' GOVERNANCE POLICIES: THE BIOMIMICRY INSTITUTE RECOGNIZES THAT THE BOARD OF DIRECTORS HAS THE RIGHT TO REVIEW THE FORM 990 PRIOR TO ITS FILING. PROCEDURE IS AS FOLLOWS: A. THE BIOMIMICRY'S SENIOR MANAGEMENT IS RESPONSIBLE FOR THE TIMELY PREPARATION OF FORM 990. B. THE COMPLETED FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A COMPREHENSIVE AND CAREFUL REVIEW BY ALL MEMBERS OF THE COMMITTEE. QUESTIONS AND CONCERNS OF THE FINANCE COMMITTEE MEMBERS ARE ADDRESSED BY THE BIOMIMICRY INSTITUTE'S FINANCIAL OFFICER AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. C. ALL MEMBERS OF THE BOARD OF DIRECTORS ARE INVITED TO VIEW THE COMPLETED FORM 990 IN ADVANCE OF THE FILING DEADLINE. QUESTIONS AND CONCERNS OF THE BOARD ARE ADDRESSED BY THE BIOMIMICRY INSTITUTE'S FINANCIAL OFFICER AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. D. AFTER ALL OF THE INPUT FROM THE BOARD OF DIRECTORS AND FINANCE COMMITTEE HAS BEEN APPROPRIATELY ADDRESSED, SENIOR MANAGEMENT OF THE BIOMIMICRY INSTITUTE FILES THE FINAL FORM 990 AS REQUIRED. FORM 990, PART VI, SECTION B, LINE 12C ACCORDING TO THE BIOMIMICRY INSTITUTE'S (TBI) CONFLICT OF INTEREST POLICY EACH DIRECTOR, PRINCIPAL, OFFICER AND MEMBER OF THE COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; B. HAS READ AND UNDERSTANDS THE POLICY; C. HAS AGREED TO COMPLY WITH THE POLICY; AND D. UNDERSTANDS TBI IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN ADDITION, OUR POLICY CALLS FOR PERIODIC REVIEWS TO ENSURE TBI OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING; B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND REASONABLE INVESTMENT OF PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF TOTAL COMPENSATION AND BENEFITS FOR ALL OFFICERS AND KEY EMPLOYEES. PART OF THE REVIEW IS TO DETERMINE WHICH EMPLOYEES ARE OFFICERS OR KEY EMPLOYEES. THE REVIEW IS BASED ON COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE BOARD ALSO DOCUMENTS ITS DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT AND AS TO ANY CHANGES TO BE IMPLEMENTED IN COMPENSATION OR BENEFITS FOR THE DESIGNATED PERSONS. THE PROCESS WAS LAST CONDUCTED IN OCTOBER 2022. FORM 990, PART VI, SECTION C, LINE 19 THE 990, GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THEY ARE ALSO AVAILABLE THROUGH THIRD PARTY SITES SUCH AS GUIDESTAR. THE 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON OUR WEBSITE. FORM 990, PART IX, LINE 11G MARKETING SERVICES: PROGRAM SERVICE EXPENSES 26,639. MANAGEMENT AND GENERAL EXPENSES 2,794. FUNDRAISING EXPENSES 567. TOTAL EXPENSES 30,000. SERVICES TO SUPPORT PROGRAM SERVICES: PROGRAM SERVICE EXPENSES 309,449. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 309,449. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 2,235. MANAGEMENT AND GENERAL EXPENSES 16,805. FUNDRAISING EXPENSES 187. TOTAL EXPENSES 19,227. STAFF RECRUITING: PROGRAM SERVICE EXPENSES 386. MANAGEMENT AND GENERAL EXPENSES 2,899. FUNDRAISING EXPENSES 32. TOTAL EXPENSES 3,317. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 264,651. MANAGEMENT AND GENERAL EXPENSES 18,248. FUNDRAISING EXPENSES 12,974. TOTAL EXPENSES 295,873. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.