Totals
- Total revenue
- $1,455,119
- Total expenses
- $1,034,464
- Contributions and grants received
- $1,455,119
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $840,888
- Total liabilities, end of year
- $62,306
- Net assets or fund balances, end of year
- $778,582
- Program services expenses (Part IX)
- $731,829
- Management and general expenses
- $186,678
- Fundraising expenses
- $115,957
- Program service expenses (Part III)
- $731,829
Program services were 70.7% 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
$1,455,119
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $433,899 · program services $295,051 · management and general $60,746 · fundraising $78,102
-
7 · Other salaries and wages
total $42,582 · program services $28,956 · management and general $5,961 · fundraising $7,665
-
8 · Pension plan contributions
total $21,652 · program services $14,723 · management and general $3,032 · fundraising $3,897
-
9 · Other employee benefits
total $77,817 · program services $52,916 · management and general $10,895 · fundraising $14,006
-
10 · Payroll taxes
total $39,070 · program services $26,567 · management and general $5,470 · fundraising $7,033
-
11b · Fees: legal
total $35,516 · program services $24,125 · management and general $11,391
-
11c · Fees: accounting
total $12,171 · management and general $12,171
-
11d · Fees: lobbying
total $60,000 · program services $60,000
-
11g · Fees: other
total $30,517 · program services $14,932 · management and general $15,585
-
12 · Advertising and promotion
total $112,780 · program services $111,916 · management and general $864
-
13 · Office expenses
total $7,536 · program services $955 · management and general $6,581 · fundraising $0
-
14 · Information technology
total $58,427 · program services $41,126 · management and general $17,301
-
16 · Occupancy
total $28,201 · management and general $28,201
-
17 · Travel
total $15,663 · program services $10,368 · management and general $41 · fundraising $5,254
-
19 · Conferences, conventions and meetings
total $49,894 · program services $49,894
-
21 · Payments to affiliates
total $300 · program services $300
-
23 · Insurance
total $8,439 · management and general $8,439
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $511,931 · end of year $613,996
-
4 · Accounts receivable
beginning of year $0 · end of year $28,416
-
9 · Prepaid expenses and deferred charges
beginning of year $5,262 · end of year $215
-
15 · Other assets
beginning of year $0 · end of year $198,261
-
17 · Accounts payable and accrued expenses
beginning of year $13,415 · end of year $62,306
-
25 · Other liabilities
beginning of year $145,851
-
27 · Net assets without donor restrictions
beginning of year $357,927 · end of year $748,582
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $30,000
Mission and programs · 2025
Mission
TESSERACT, INC. IS A NON-PROFIT CORPORATION DEDICATED TO PRESERVING AND PERFECTING DEMOCRATIC CAPITALISM BY REFORMING THE TAX SYSTEM, LABOR POLICIES AND DEMOCRATIC PROCESSES.
-
PATRIOTIC MILLIONAIRES - FOCUSES ON ORGANIZING POLITICALLY AND LOBBYING CONGRESS TO HELP ENACT REFORMS THAT WILL BUILD A MORE STABLE, PROSPEROUS AND INCLUSIVE NATION.
Expenses $694,138
-
AMERICAN DECIDERS IS A BIPARTISAN COLLECTIVE FOCUSED ON ECONOMIC ISSUES. WE PROVIDE CLEAR INFORMATION ON POLICIES AND CANDIDATES, RALLYING COMMUNITIES TO ADVOCATE FOR ECONOMIC EQUALITY, TRANSPARENCY, AND FAIRNESS. OUR CORE TENETS ARE TAX THE RICH, PAY THE PEOPLE, AND SPREAD THE POWER.
Expenses $25,208
-
THE GREAT ECONOMY PROJECT IS A NON-PARTISAN EFFORT TO ORGANIZE GROUPS OF PEOPLE IN RURAL PARTS OF NORTH CAROLINA AND WISCONSIN TO LEARN ABOUT THE POLICIES THAT THE CENTER IS WORKING ON.
Expenses $12,483
As filed on the 2025 return.
Listed in Part VII
-
Erica PayneERICA PAYNE
PRESIDENT
- Total calculated
- $333,805
- From this org
- $65,273
- From related orgs
- $234,727
- Other
- $33,805
- Hours/week
- 9 + 31 related
Schedule J breakdown matched by us
- Base
- $65,273 + $234,727 related
- Bonus
- $0
- Other
- $0
- Deferred
- $1,657 + $5,958 related
- Nontaxable benefits
- $5,698 + $20,491 related
- Filer's total
- $72,628 + $261,176 related
-
Jodie RubensteinJODIE RUBENSTEIN
TREASURER/SECRETARY
- Total calculated
- $221,715
- From this org
- $80,193
- From related orgs
- $104,868
- Other
- $36,654
- Hours/week
- 17 + 23 related
Schedule J breakdown matched by us
- Base
- $80,193 + $104,868 related
- Bonus
- $0
- Other
- $0
- Deferred
- $4,183 + $5,471 related
- Nontaxable benefits
- $11,700 + $15,300 related
- Filer's total
- $96,076 + $125,639 related
-
Holli WoodingsHOLLI WOODINGS
VP GOV'T AFFAIRS
- Total calculated
- $202,945
- From this org
- $66,963
- From related orgs
- $86,850
- Other
- $49,132
- Hours/week
- 17 + 23 related
Schedule J breakdown matched by us
- Base
- $66,963 + $86,850 related
- Bonus
- $0
- Other
- $0
- Deferred
- $3,567 + $4,626 related
- Nontaxable benefits
- $17,823 + $23,116 related
- Filer's total
- $88,353 + $114,592 related
-
Rene FeltRENE FELT
ART DIRECTOR
- Total calculated
- $183,524
- From this org
- $4,142
- From related orgs
- $144,396
- Other
- $34,986
- Hours/week
- 1 + 39 related
-
Gene HaighGENE HAIGH
SENIOR ADVISOR
- Total calculated
- $145,358
- From this org
- $18,874
- From related orgs
- $101,126
- Other
- $25,358
- Hours/week
- 6 + 34 related
-
Adam ShubertADAM SHUBERT
CHIEF OPERATING OFFICER
- Total calculated
- $144,818
- From this org
- $8,251
- From related orgs
- $128,485
- Other
- $8,082
- Hours/week
- 2 + 38 related
-
Robert LordROBERT LORD
SENIOR ADVISOR
- Total calculated
- $118,587
- From this org
- $34,669
- From related orgs
- $76,789
- Other
- $7,129
- Hours/week
- 12 + 28 related
-
Morris PearlMORRIS PEARL
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Chuck CollinsCHUCK COLLINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Anna Maria ArchilaANNA MARIA ARCHILA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Stephen PrinceSTEPHEN PRINCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Drew PomeranceDREW POMERANCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
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 · Approval by the board or compensation committee
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
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
TESSERACT RESEARCH CENTER INC
DC
Directly controlled by LINE 10
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
THE PATRIOTIC MILLIONAIRES LLC
DC
Directly controlled by TESSERACT INC
-
MAYDAY AMERICA LLC
DC
Directly controlled by TESSERACT INC
-
THE AGENDA PROJECT LLC
DC
Directly controlled by TESSERACT INC
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 12 August 2026
- IRS schema version
- 2025v4.0
- Source object
- 202642249349302134
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.