Totals
- Total revenue
- $806,125
- Total expenses
- $896,470
- Contributions and grants received
- $806,125
- Grants paid
- $60,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $74,055
- Total liabilities, end of year
- $164,400
- Net assets or fund balances, end of year
- -$90,345
- Program services expenses (Part IX)
- $870,119
- Management and general expenses
- $26,351
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $870,119
Program services were 97.1% 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.
-
1f · All other contributions, gifts and grants
$806,125
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $60,000 · program services $60,000
-
11b · Fees: legal
total $196,782 · program services $180,000 · management and general $16,782
-
11c · Fees: accounting
total $9,500 · management and general $9,500
-
11g · Fees: other
total $622,000 · program services $622,000
-
13 · Office expenses
total $7,569 · program services $7,500 · management and general $69
-
17 · Travel
total $619 · program services $619
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $74,055
-
17 · Accounts payable and accrued expenses
end of year $164,400
-
31 · Retained earnings, endowment or other funds
end of year -$90,345
Mission and programs · 2025
Mission
The organization fosters education and conducts research that connects groundbreaking ideas of American innovation and enterprise with the challenges and opportunities of the present.
Activities or mission (Part I)
The organization fosters education and conducts research that connects groundbreaking ideas of American innovation and enterprise with the challenges and opportunities of the present
-
The organization advanced its educational mission by developing and disseminating nonpartisan public-awareness content that highlighted the role of American innovation and enterprise in addressing contemporary social and economic challenges and opportunities. These educational activities were carried out through issue-focused advertising campaigns, digital media, and other outreach communications. The organization also made grants to other charitable organizations that conducted aligned educational and public-awareness initiatives in furtherance of these goals.
Expenses $870,119 · Grants $60,000
As filed on the 2025 return.
Listed in Part VII
-
Chase MartinCHASE MARTIN
DirectorPresident
- Total calculated
- $0
- Hours/week
- 1
-
David SorensenDAVID SORENSEN
DirectorSecretary
- Total calculated
- $0
- Hours/week
- 1
-
Joel ThayerJOEL THAYER
Director
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
$60,000
General support
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 5 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611259349303901
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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