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Nonprofiteer
← MYRIAD USA INC

Form 990 for tax year 2024

Filed by MYRIAD USA INC.

Totals

Total revenue
$200,540,834
Total expenses
$175,047,642
Contributions and grants received
$192,833,209
Grants paid
$168,624,567
Program service revenue
$3,991,089
Investment income
$3,716,536
Other revenue
$0
Total assets, end of year
$122,957,865
Total liabilities, end of year
$42,281,279
Net assets or fund balances, end of year
$80,676,586
Program services expenses (Part IX)
$170,298,494
Management and general expenses
$4,749,148
Fundraising expenses
$0
Program service expenses (Part III)
$170,298,494

Program services were 97.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $2,597,468

  • 1f · All other contributions, gifts and grants

    $190,235,741

  • 1g · Noncash contributions included above

    $13,983,829

  • 2a · Program service revenue: ADMIN, MGT & INVESTMENT FEES

    total $3,991,089 · related or exempt $3,991,089

  • 3 · Investment income

    total $1,650,388 · excluded $1,650,388

  • 7a · Gross sales of assets other than inventory

    securities $30,702,811

  • 7b · Less cost or other basis and sales expenses

    securities $28,636,663

  • 7c · Gain or loss

    securities $2,066,148

  • 7d · Net gain or loss

    total $2,066,148 · excluded $2,066,148

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,452,822 · program services $2,452,822

  • 3 · Grants to foreign organizations and individuals

    total $166,171,745 · program services $166,171,745

  • 5 · Compensation of officers, directors and key employees

    total $790,310 · management and general $790,310

  • 7 · Other salaries and wages

    total $1,537,134 · management and general $1,537,134

  • 8 · Pension plan contributions

    total $106,112 · management and general $106,112

  • 9 · Other employee benefits

    total $216,227 · management and general $216,227

  • 10 · Payroll taxes

    total $162,914 · management and general $162,914

  • 11b · Fees: legal

    total $150,452 · management and general $150,452

  • 11c · Fees: accounting

    total $82,261 · management and general $82,261

  • 11f · Fees: investment management

    total $37,134 · management and general $37,134

  • 11g · Fees: other

    total $215,930 · management and general $215,930

  • 13 · Office expenses

    total $226,774 · management and general $226,774

  • 14 · Information technology

    total $136,806 · management and general $136,806

  • 16 · Occupancy

    total $310,686 · management and general $310,686

  • 17 · Travel

    total $355,892 · management and general $355,892

  • 22 · Depreciation, depletion and amortization

    total $12,990 · management and general $12,990

  • 23 · Insurance

    total $25,315 · management and general $25,315

  • 24a · Other expenses: EDUCATION/EXCHANGE PROJ

    total $1,673,927 · program services $1,673,927

  • 24b · Other expenses: EVENTS

    total $365,383 · management and general $365,383

  • 24c · Other expenses: DUES AND MEMBERSHIPS

    total $16,828 · management and general $16,828

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,334,900 · end of year $6,833,185

  • 2 · Savings and temporary cash investments

    beginning of year $22,716,386 · end of year $61,069,484

  • 3 · Pledges and grants receivable

    beginning of year $12,463,279 · end of year $18,944,651

  • 9 · Prepaid expenses and deferred charges

    beginning of year $566,489 · end of year $274,032

  • 10a · Land, buildings and equipment: cost or other basis

    $140,193

  • 10b · Land, buildings and equipment: accumulated depreciation

    $29,352

  • 10c · Land, buildings and equipment, net

    beginning of year $95,206 · end of year $110,841

  • 11 · Investments: publicly traded securities

    beginning of year $19,482,618 · end of year $16,762,782

  • 15 · Other assets

    beginning of year $9,784,783 · end of year $18,962,890

  • 17 · Accounts payable and accrued expenses

    beginning of year $217,259 · end of year $177,721

  • 18 · Grants payable

    beginning of year $13,220,577 · end of year $39,617,490

  • 19 · Deferred revenue

    beginning of year $501,845 · end of year $394,693

  • 25 · Other liabilities

    beginning of year $2,280,303 · end of year $2,091,375

  • 27 · Net assets without donor restrictions

    beginning of year $41,666,893 · end of year $69,765,035

  • 28 · Net assets with donor restrictions

    beginning of year $13,556,784 · end of year $10,911,551

Mission and programs · 2024

Mission

MYRIAD USA FACILITATES THOUGHTFUL,EFFECTIVE GIVING ACROSS BORDERS.

Activities or mission (Part I)

MYRIAD USA FACILITATES THOUGHTFUL, EFFECTIVE GIVING ACROSS BORDERS.

  • GRANTS TO SUPPORT VARIOUS CHARITABLE PROJECTS ACROSS THE GLOBE.

    Expenses $168,624,567 · Grants $168,624,567

  • OPERATIONAL EXPENSES FOR THE ECHIDNA GIVING PROJECT: INCLUDE COMMUNICATIONS AND OUTREACH EFFORTS, AND COORDINATION OF THE SELECTION OF GRANT RECIPIENTS. STRUCTURED AS A FISCAL SPONSORSHIP FUND HOSTED AT MYRIAD USA, THE ECHIDNA GIVING PROJECT'S MISSION IS TO DELIVER THE PROMISE OF GIRLS EDUCATION IN INDIA AND EAST AFRICA.

    Expenses $1,348,292

  • EACH YEAR, MYRIAD USA ORGANIZES AN INTENSIVE STUDY VISIT ON THE ART & SCIENCE OF FUNDRAISING, TO INTRODUCE UNIVERSITIES AND CULTURAL INSTITUTIONS FROM AROUND THE WORLD TO SUCCESSFUL DEVELOPMENT STRATEGIES. DURING FOUR DAYS OF DISCUSSIONS WITH SOME OF NEW YORK CITY'S MOST TALENTED FUNDRAISING PROFESSIONALS, PARTICIPANTS EXPLORE CREATIVE SOLUTIONS TO BROADEN THEIR FUNDING.

    Expenses $211,850

  • SHARING BEST PRACTICES IN FUNDRAISING (THESE VIRTUAL CONVERSATIONS PROVIDE EXECUTIVES OF FOREIGN NONPROFIT ORGANIZATIONS WITH PRACTICAL CASE STUDIES OF WHAT WORKS IN FUNDRAISING.) AND SPOTLIGHTING SOCIAL INNOVATORS (MYRIAD USA SPOTLIGHTS SOME OF ITS MOST CREATIVE PARTNERS FROM AROUND THE WORLD, IN AN EFFORT TO CONNECT THEM WITH INVESTORS AND PHILANTHROPISTS.)

    Expenses $113,785

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Thomas Leysen

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Freda Zietlow

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Evaristus Mainsah

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Brieuc Van Damme

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Maryan Ainsworth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Suzy Antounian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ahmed Fahim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • David O'Sullivan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Caroline Kronley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Cecilia Tornaghi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Pradeep Nair

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dien Yuen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jean Paul Warmoes

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $520,533
    From this org
    $450,119
    From related orgs
    $0
    Other
    $70,414
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $375,119
    Bonus
    $75,000
    Other
    $0
    Deferred
    $47,700
    Nontaxable benefits
    $22,714
    Filer's total
    $520,533
  • Ellena Fotinatos

    CHIEF OPERATING OFFICER

    Total calculated
    $269,777
    From this org
    $209,606
    From related orgs
    $0
    Other
    $60,171
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $197,606
    Bonus
    $12,000
    Other
    $0
    Deferred
    $25,153
    Nontaxable benefits
    $35,018
    Filer's total
    $269,777
  • Kadiatou Sylla

    DIRECTOR - AFRICA

    Total calculated
    $196,053
    From this org
    $154,434
    From related orgs
    $0
    Other
    $41,619
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $147,434
    Bonus
    $7,000
    Other
    $0
    Deferred
    $17,290
    Nontaxable benefits
    $24,329
    Filer's total
    $196,053
  • Monica Carrillo Zegarra

    DIRECTOR - LATIN AMERICA

    Total calculated
    $183,836
    From this org
    $149,392
    From related orgs
    $0
    Other
    $34,444
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $142,392
    Bonus
    $7,000
    Other
    $0
    Deferred
    $17,927
    Nontaxable benefits
    $16,517
    Filer's total
    $183,836
  • Sheena Agarwal

    CHIEF PARTNERSHIPS OFFICER

    Total calculated
    $230,815
    From this org
    $195,796
    From related orgs
    $0
    Other
    $35,019
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $195,796
    Bonus
    $0
    Other
    $0
    Deferred
    $23,496
    Nontaxable benefits
    $11,523
    Filer's total
    $230,815
  • Suzana Erickson

    MANAGER- EUROPE

    Total calculated
    $131,629
    From this org
    $106,016
    From related orgs
    $0
    Other
    $25,613
    Hours/week
    45
  • Rebecca Ann Stibbe

    DIRECTOR - FAMILY

    Total calculated
    $111,451
    From this org
    $102,796
    From related orgs
    $0
    Other
    $8,655
    Hours/week
    45

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
ALL EMPLOYEES OF MYRIAD USA ARE ELIGIBLE FOR A BONUS, WHICH CAN RANGE BETWEEN 0% AND 15% OF AN EMPLOYEE'S GROSS ANNUAL SALARY. THE AMOUNT OF AN EMPLOYEE'S BONUS TAKES INTO ACCOUNT SUCH FACTORS AS THE PERFORMANCE OR MERIT OF THE EMPLOYEE (BASED ON HIS OR HER ANNUAL EVALUATION), THE FINANCIAL SITUATION OF MYRIAD USA, ITS GROSS REVENUE DURING THE PRECEDING YEAR, AND THE INCREASE OF SUCH REVENUE OVER THE PAST FEW YEARS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
3 October 2025
IRS schema version
2024v5.2
Source object
202502769349301630

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.