Form 990 for tax year 2024
Filed by GLOBAL INNOVATION DISTRICTS INC.
Totals
- Total revenue
- $1,476,197
- Total expenses
- $1,282,549
- Contributions and grants received
- $1,157,889
- Grants paid
- $0
- Program service revenue
- $318,308
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,158,499
- Total liabilities, end of year
- $139,100
- Net assets or fund balances, end of year
- $1,019,399
- Program services expenses (Part IX)
- $883,704
- Management and general expenses
- $182,495
- Fundraising expenses
- $216,350
- Program service expenses (Part III)
- $883,704
Program services were 68.9% 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
$1,157,889
-
2a · Program service revenue: GLOBAL SUMMIT TICKET S
total $168,626 · related or exempt $168,626
-
2b · Program service revenue: CONSULTING FEES
total $149,682 · related or exempt $149,682
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $404,928 · program services $158,957 · management and general $58,493 · fundraising $187,478
-
11b · Fees: legal
total $125 · management and general $125
-
11c · Fees: accounting
total $64,480 · program services $5,038 · management and general $58,434 · fundraising $1,008
-
11g · Fees: other
total $660,240 · program services $623,563 · management and general $15,037 · fundraising $21,640
-
14 · Information technology
total $19,925 · program services $14,621 · management and general $1,380 · fundraising $3,924
-
17 · Travel
total $51,720 · program services $51,484 · management and general $236
-
22 · Depreciation, depletion and amortization
total $9,902 · program services $7,266 · management and general $686 · fundraising $1,950
-
23 · Insurance
total $5,630 · management and general $5,630
-
24a · Other expenses: COMMUNICATIONS
total $43,800 · program services $7,125 · management and general $36,675
-
24b · Other expenses: BANK CHARGES
total $16,269 · program services $10,752 · management and general $5,517
-
24c · Other expenses: SUBSCRIPTIONS
total $5,530 · program services $4,898 · management and general $282 · fundraising $350
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $264,065 · end of year $422,444
-
3 · Pledges and grants receivable
beginning of year $594,974 · end of year $645,697
-
4 · Accounts receivable
beginning of year $86,331 · end of year $52,345
-
9 · Prepaid expenses and deferred charges
beginning of year $9,222 · end of year $9,467
-
10a · Land, buildings and equipment: cost or other basis
$41,574
-
10b · Land, buildings and equipment: accumulated depreciation
$13,028
-
10c · Land, buildings and equipment, net
beginning of year $2,338 · end of year $28,546
-
17 · Accounts payable and accrued expenses
beginning of year $102,179 · end of year $114,100
-
19 · Deferred revenue
end of year $25,000
-
27 · Net assets without donor restrictions
beginning of year $193,776 · end of year $226,202
-
28 · Net assets with donor restrictions
beginning of year $660,975 · end of year $793,197
Mission and programs · 2024
Mission
GIID'S MISSION IS TO ADVANCE AND ACCELERATE THE GROWTH OF INNOVATION DISTRICTS WORLDWIDE THROUGH DEEP EMPIRICAL ANALYSIS, HIGHLY TAILORED STRATEGIC SUPPORT, AND THROUGH A GLOBAL NETWORK. THROUGH GIID, WE WILL HELP ACCELERATE HOW INNOVATION DISTRICTS BECOME A MULTIPLIER OF GROWTH: TRANSFORMING LOCAL AND REGIONAL ECONOMIES; DEVELOPING NEW SOLUTIONS FOR COMPLEX PROBLEMS RANGING FROM CANCER TO CLIMATE; AND CREATING NEW LADDRES OF OPPORTUNITY FOR REGIONAL RESIDENTS.
Activities or mission (Part I)
THE GLOBAL INSTITUTE ON INNOVATION DISTRICTS IS A GLOBAL-REACHING NOT FOR PROFIT ORGANIZATION DEDICATED TO CONDUCTING INDEPENDENT AND PRACTICE ORIENTED RESEARCH ON INNOVATION DISTRICTS.
-
THE WORK OF GIID HAS EXPANDED SIGNIFICANTLY TO ADDRESS THE FAST-CHANGING ECONOMIC AND TECHNOLOGICAL LANDSCAPE. OUR EMPIRICAL WORK EXPANDS TO EVALUATING CLUSTERS OR CONSTELLATIONS OF DISRICTS AND OTHER HUBS ACROSS REGIONS. OUR GLOBAL NETWORK IS DIGGING DEEPER INTO HOW DISTRICTS ARE DRIVING SPECIFIC SOLUTIONS THAT OTHERS SIMPLY CANNOT DELIVER GIVEN THE COMPLEXITY OF THE SCIENCE. OUR STRATEGIC SUPPORT IS EXPANDING DEEPER INTO ADDRESSING HEALTH-BASED CHALLENGES THAT REQUIRE CELLULAR THERAPIES AND RADIOPHARMACOLOGY. GIID, IN OTHER WORDS, IS EXPANDING IN BOTH DEPTH AND BREADTH TO BE CHANGE-AGENTS AT THE GLOBAL SCALE.
Expenses $701,732 · Revenue $149,682
-
IN APRIL 2025, GIID CONVENED ITS INAGURAL GLOBAL SUMMIT AT THE MONTERREY INNOVATION DISTRICT IN MEXICO. LEADERS OF BOTH LONG-ESTABLISHED AND NEWLY EMERGING DISTRICTS CAME TOGETHER WITH CHANGEMAKERS AND VISIONARIES FOR THE WORLD'S FIRST LARGE-SCALE GATHERING TAILORED TO THE NEEDS AND AMBITIONS OF THESE DISTINCTIVE URBAN GEOGRAPHIES OF INNOVATION.
Expenses $181,972 · Revenue $168,626
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Thomas OshaTHOMAS OSHA
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Julie WagnerJULIE WAGNER
VICE-CHAIR (SEE SCHEDULE O)
- Total calculated
- $224,928
- From this org
- $0
- From related orgs
- $224,928
- Other
- $0
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $0 + $224,928 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $224,928 related
-
Pamela PuchalskiPAMELA PUCHALSKI
SECRETARY
- Total calculated
- $163,500
- From this org
- $163,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,500
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $163,500
-
Graydon PleasantsGRAYDON PLEASANTS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Bruce KatzBRUCE KATZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carrie KolaskyCARRIE KOLASKY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eitan KyietEITAN KYIET
BOARD MEMBER
- 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. 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 · Written employment contract
- 3 · Compensation survey or study
- 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
- 7 · Other non-fixed payments
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601199349301300
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