Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,059,134

• 1f · All other contributions, gifts and grants

  $100,900,016

• 3 · Investment income

  total -$4,646 · excluded -$4,646

• 5 · Royalties

  total $119,066 · excluded $119,066

• 6a · Gross rents

  real property $53,710

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $53,710

• 6d · Net rental income or loss

  total $53,710 · excluded $53,710

• 7a · Gross sales of assets other than inventory

  other assets $3,597

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

  other assets $0

• 7c · Gain or loss

  other assets $3,597

• 7d · Net gain or loss

  total $3,597 · excluded $3,597

• 11a · Other revenue: REIMBURSED EXPENSES

  total $70,092 · excluded $70,092

• 11e · Other revenue, total

  $70,092

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,164,705 · program services $3,164,705

• 3 · Grants to foreign organizations and individuals

  total $4,773,154 · program services $4,773,154

• 5 · Compensation of officers, directors and key employees

  total $7,768,584 · program services $1,070,051 · management and general $6,481,960 · fundraising $216,573

• 7 · Other salaries and wages

  total $47,254,631 · program services $45,203,637 · management and general $1,984,177 · fundraising $66,817

• 8 · Pension plan contributions

  total $1,535,263 · program services $1,384,854 · management and general $143,450 · fundraising $6,959

• 9 · Other employee benefits

  total $2,881,967 · program services $2,473,912 · management and general $396,523 · fundraising $11,532

• 10 · Payroll taxes

  total $3,611,582 · program services $3,237,954 · management and general $355,183 · fundraising $18,445

• 11b · Fees: legal

  total $736,095 · program services $3,316 · management and general $732,779

• 11c · Fees: accounting

  total $94,120 · program services $2,599 · management and general $91,521

• 11g · Fees: other

  total $3,957,986 · program services $3,501,018 · management and general $397,726 · fundraising $59,242

• 12 · Advertising and promotion

  total $615,523 · program services $373,331 · management and general $235,042 · fundraising $7,150

• 13 · Office expenses

  total $394,795 · program services $38,426 · management and general $356,369

• 14 · Information technology

  total $3,957,525 · program services $2,482,802 · management and general $1,473,657 · fundraising $1,066

• 16 · Occupancy

  total $3,706,021 · program services $536,968 · management and general $3,168,963 · fundraising $90

• 17 · Travel

  total $669,130 · program services $484,082 · management and general $145,829 · fundraising $39,219

• 19 · Conferences, conventions and meetings

  total $146,828 · program services $105,341 · management and general $40,727 · fundraising $760

• 22 · Depreciation, depletion and amortization

  total $609,812 · program services $61,835 · management and general $547,977

• 23 · Insurance

  total $152,943 · management and general $152,943

• 24a · Other expenses: COMPUTING

  total $9,953,002 · program services $9,804,891 · management and general $148,111

• 24b · Other expenses: RECRUITING

  total $630,229 · program services $27,694 · management and general $602,535

• 24c · Other expenses: TEAM EVENTS AND MORALE

  total $570,368 · program services $82,570 · management and general $487,798

• 24d · Other expenses: TRAINING AND DUES

  total $156,488 · program services $9,224 · management and general $140,557 · fundraising $6,707

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $85,774 · end of year $5,931,056

• 3 · Pledges and grants receivable

  beginning of year $509,184 · end of year $449,526

• 4 · Accounts receivable

  beginning of year $248,488 · end of year $364,018

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,113,237 · end of year $8,158,861

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

  $5,952,426

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

  $1,961,531

• 10c · Land, buildings and equipment, net

  beginning of year $3,662,959 · end of year $3,990,895

• 12 · Investments: other securities

  beginning of year $15,252,103 · end of year $15,916,826

• 15 · Other assets

  beginning of year $3,587,703 · end of year $2,570,226

• 17 · Accounts payable and accrued expenses

  beginning of year $13,401,147 · end of year $18,071,109

• 19 · Deferred revenue

  end of year $602,630

• 25 · Other liabilities

  beginning of year $3,902,072 · end of year $2,846,742

• 27 · Net assets without donor restrictions

  beginning of year $10,156,229 · end of year $15,860,927

The filer's explanations (Part III)

PART I, LINE 1A

ALL FULL-TIME EMPLOYEES ARE ENTITLED TO A FITNESS & WELLBEING REIMBURSEMENT OF UP TO $150 PER MONTH.

PART I, LINES 4A-C

OREN ETZIONI RECEIVED A SEPARATION PAYMENT OF $420,000. VU HA RECEIVED A SEPARATION PAYMENT OF $228,264. DURING THE REPORTING PERIOD, A PORTION OF THE PROFITS INTERESTS IN TWO SUBSIDIARIES OF THE ORGANIZATION -- AI2 INCUBATOR PARTNERS, INC. AND AI2 HOLDINGS, LLC, RESPECTIVELY -- WAS HELD BY OREN ETZIONI, JAMES ALLARD, AND JENNIFER DUMAS. THE GRANT OF THESE PROFITS INTERESTS OCCURRED BEFORE THE ORGANIZATION WAS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION IN JULY 2021. EACH OF THESE PROFITS INTERESTS IS SUBJECT TO THE TERMS AND CONDITIONS OF THE LIMITED LIABILITY COMPANY AGREEMENT OF AI2 INCUBATOR PARTNERS, INC. AND AI2 HOLDINGS, LLC RESPECTIVELY. THE TIMING OF ANY DISTRIBUTION TO THE MEMBERS OF AI2 INCUBATOR PARTNERS, INC. AND AI2 HOLDINGS, LLC IS DETERMINED IN THE DISCRETION OF THE ORGANIZATION, WHICH IS THE MANAGING MEMBER OF EACH ENTITY.

PART I, LINE 7

CEO AWARDED DISCRETIONARY BONUSES IN 2022 BASED ON PERFORMANCE.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• AI2 LLC

  AI RESEARCH & ENGINEERING · WA · income $103,200,969 · assets $37,381,408

  Directly controlled by THE ALLEN INSTITUTE FOR ARTIFICIAL INTELLIGENCE

• VULCAN TECHNOLOGIES LLC

  APPLIED SCIENCE · WA · income $0 · assets $0

  Directly controlled by THE ALLEN INSTITUTE FOR ARTIFICIAL INTELLIGENCE

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• AI2 INCUBATOR PARTNERS LLC

  EXCLUDED · CAPITAL INVESTMENTS · DE · 100% owned · general or managing partner

  Directly controlled by THE ALLEN INSTITUTE FOR ARTIFICIAL INTELLIGENCE

• AI2 HOLDINGS LLC

  EXCLUDED · CAPITAL INVESTMENTS · WA · 99.99% owned · share of income $180 · share of assets $4,083,004 · general or managing partner

  Directly controlled by THE ALLEN INSTITUTE FOR ARTIFICIAL INTELLIGENCE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• ESTATE OF PAUL G ALLEN

  T · ESTATE · WA