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← COUNCIL FOR INNOVATION PROMOTION

Form 990 for tax year 2022

Filed by COUNCIL FOR INNOVATION PROMOTION.

Totals

Total revenue
$2,600,000
Total expenses
$1,185,838
Contributions and grants received
$2,600,000
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,416,204
Total liabilities, end of year
$2,042
Net assets or fund balances, end of year
$1,414,162
Program services expenses (Part IX)
$1,034,431
Management and general expenses
$54,519
Fundraising expenses
$96,888
Program service expenses (Part III)
$1,034,431

Program services were 87.2% 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

    $2,600,000

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $108,750 · management and general $27,188 · fundraising $81,562

  • 9 · Other employee benefits

    total $2,042 · management and general $2,042

  • 10 · Payroll taxes

    total $420 · management and general $420

  • 11b · Fees: legal

    total $45,978 · program services $15,326 · management and general $15,326 · fundraising $15,326

  • 11c · Fees: accounting

    total $8,000 · management and general $8,000

  • 11g · Fees: other

    total $1,016,405 · program services $1,016,405

  • 14 · Information technology

    total $561 · program services $561

  • 17 · Travel

    total $37 · program services $37

  • 23 · Insurance

    total $2,890 · program services $1,445 · management and general $1,445

  • 24a · Other expenses: SOFWARE SUBSCRIPTIONS

    total $584 · program services $584

  • 24b · Other expenses: PAYROLL PROCESSING

    total $98 · management and general $98

  • 24c · Other expenses: MEALS

    total $66 · program services $66

  • 24d · Other expenses: COMMUNICATIONS & MEDIA

    total $7 · program services $7

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $1,412,158

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $4,046

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $2,042

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $1,414,162

Mission and programs · 2022

Mission

THE COUNCIL FOR INNOVATION PROMOTION IS A BIPARTISAN COALITION DEDICATED TO PROMOTING STRONG AND EFFECTIVE INTELLECTUAL PROPERTY RIGHTS THAT DRIVE INNOVATION, BOOST ECONOMIC COMPETITIVENESS, AND IMPROVE LIVES ELSEWHERE.

  • COUNCIL FOR INNOVATION PROMOTION ("C4IP") DEVELOPED AND IMPLEMENTED A COMPREHENSIVE GOVERNMENT AND PUBLIC AFFAIRS PROGRAM TO EDUCATE POLICYMAKERS, THE ADMINISTRATION, MEDIA, ACADEMICS, AND OTHER AUDIENCES ON THE IMPORTANT ROLE INTELLECTUAL PROPERTY ("IP") PLAYS IN DRIVING AND SUPPORTING DOMESTIC INNOVATIVE AND CREATIVE INDUSTRY SECTORS, ECONOMIC COMPETITIVENESS AND GROWTH, AND JOB CREATION.

    Expenses $1,017,953

  • WE PRODUCED A SERIES OF PRO-IP DIGITAL ADS TO INFORM CONSTITUENTS ON THE IMPORTANCE OF PRO-IP ACTIONS BY FIVE MEMBERS OF CONGRESS AND URGED CONSTITUENTS TO CONTACT THEIR MEMBERS AND ENCOURAGE THEM TO CONTINUE THEIR WORK IN SUPPORT OF PRO-IP LEGISLATION AND POLICIES.

    Expenses $568

  • C4IP CREATED THE ORGANIZATION'S WEBSITE AND NEWSLETTER TO SHOWCASE C4IP PRIORITIES, ACTIVITIES, AND PROGRAMS, AND SERVE AS A RESOURCE ON IP POLICY AND RELATED ACTIVITY IN THE PUBLIC AND PRIVATE SECTORS. WE PROVIDED TECHNICAL GUIDANCE AND EXPERT OPINIONS ON DRAFT IP LEGISLATION AND IP-RELATED POLCY PROPOSALS SUCH AS EFFORTS TO EXPAND THE TRIPS WAIVER.

    Expenses $15,910

As filed on the 2022 return.

Listed in Part VII

  • Andrei Iancu

    C0- BD CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • David Kappos

    CO-BD CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • Judge Paul Michel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Judge Kathleen O'Malley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Francis W Cullen Jr

    EXECUTIVE DIRECTOR

    Total calculated
    $108,750
    From this org
    $108,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202343199349308289

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