Totals
- Total revenue
- $15,048,195
- Total expenses
- $9,401,973
- Contributions and grants received
- $15,054,301
- Grants paid
- $1,406,878
- Program service revenue
- $0
- Investment income
- -$6,722
- Other revenue
- $616
- Total assets, end of year
- $6,240,925
- Total liabilities, end of year
- $45,461,056
- Net assets or fund balances, end of year
- -$39,220,131
- Program services expenses (Part IX)
- $4,538,428
- Management and general expenses
- $4,291,035
- Fundraising expenses
- $572,510
- Program service expenses (Part III)
- $4,538,428
Program services were 48.3% 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
$15,054,301
-
7b · Less cost or other basis and sales expenses
other assets $6,722
-
7c · Gain or loss
other assets -$6,722
-
7d · Net gain or loss
total -$6,722 · excluded -$6,722
-
11a · Other revenue: OTHER REVENUE
total $616 · excluded $616
-
11e · Other revenue, total
$616
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $770,000 · program services $770,000
-
3 · Grants to foreign organizations and individuals
total $636,878 · program services $636,878
-
7 · Other salaries and wages
total $2,141,474 · program services $1,277,263 · management and general $748,151 · fundraising $116,060
-
9 · Other employee benefits
total $167,664 · program services $111,261 · management and general $46,347 · fundraising $10,056
-
10 · Payroll taxes
total $113,895 · program services $59,744 · management and general $46,101 · fundraising $8,050
-
11b · Fees: legal
total $166,582 · management and general $166,582
-
11c · Fees: accounting
total $170,292 · management and general $170,292
-
11g · Fees: other
total $3,053,440 · program services $724,106 · management and general $1,925,849 · fundraising $403,485
-
12 · Advertising and promotion
total $28,891 · program services $544 · management and general $28,347
-
13 · Office expenses
total $19,524 · program services $8,764 · management and general $10,711 · fundraising $49
-
14 · Information technology
total $189,790 · program services $47,488 · management and general $129,133 · fundraising $13,169
-
16 · Occupancy
total $61,025 · management and general $61,025
-
17 · Travel
total $231,126 · program services $162,963 · management and general $66,331 · fundraising $1,832
-
19 · Conferences, conventions and meetings
total $200,231 · program services $143,598 · management and general $39,432 · fundraising $17,201
-
22 · Depreciation, depletion and amortization
total $15,012 · management and general $15,012
-
23 · Insurance
total $3,395 · program services $161 · management and general $3,234
-
24a · Other expenses: GRANT LIAB. DISCOUNTS
total $1,351,789 · program services $549,562 · management and general $802,227
-
24b · Other expenses: PAYROLL PROCESISNG FEES
total $43,149 · program services $28,633 · management and general $11,928 · fundraising $2,588
-
24c · Other expenses: FOREIGN CURRENCY EXCH.
total $14,336 · program services $16,382 · management and general -$2,046
-
24d · Other expenses: TRAINING
total $7,949 · program services $150 · management and general $7,791 · fundraising $8
-
24e · All other expenses
total $15,531 · program services $931 · management and general $14,588 · fundraising $12
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,183,689 · end of year $373,168
-
4 · Accounts receivable
end of year $500,000
-
9 · Prepaid expenses and deferred charges
beginning of year $26,176 · end of year $99,176
-
10a · Land, buildings and equipment: cost or other basis
$35,107
-
10b · Land, buildings and equipment: accumulated depreciation
$13,207
-
10c · Land, buildings and equipment, net
beginning of year $42,027 · end of year $21,900
-
15 · Other assets
beginning of year $9,235 · end of year $5,246,681
-
17 · Accounts payable and accrued expenses
beginning of year $191,318 · end of year $200,744
-
18 · Grants payable
beginning of year $45,936,162 · end of year $42,022,949
-
25 · Other liabilities
beginning of year $0 · end of year $3,237,363
-
27 · Net assets without donor restrictions
beginning of year -$44,866,353 · end of year -$39,220,131
Mission and programs · 2023
Mission
TO CREATE A NEW CIVIC ARCHITECTURE FOR THE DIGITAL WORLD THAT RETURNS THE OWNERSHIP AND CONTROL OF PERSONAL DATA TO INDIVIDUALS, EMBEDS ETHICAL VALUES INTO TECHNOLOGY, AND EXPANDS ECONOMIC OPPORTUNITIES FOR WEB USERS AND DEVELOPERS ALIKE.
Activities or mission (Part I)
SEE PART III, LINE 1.
-
PROJECT LIBERTY INSTITUTE ORGANIZES AND PARTICIPATES IN REGULAR EVENTS, CONVENINGS AND EDUCATIONAL CAMPAIGNS OF TECHNOLOGISTS, ETHICISTS, LEGAL EXPERTS, ENTREPRENEURS, SOCIAL INNOVATORS AND OTHER EXPERTS IN THE UNITED STATES, UNITED KINGDOM, FRANCE, AND ELSEWHERE TO FOSTER DIALOGUE AND DEVELOP COMPREHENSIVE RECOMMENDATIONS TO EXPLORE AND ADVANCE BETTER MODELS OF DIGITAL ECOSYSTEMS.
Expenses $2,346,804 · Grants $1,080,124
-
PROJECT LIBERTY INSTITUTE CONDUCTS AND PROVIDES FUNDING FOR RESEARCH AND TECHNOLOGY PROJECTS THAT FURTHER THE EDUCATION OF THE PUBLIC AND THE SCIENTIFIC COMMUNITY'S UNDERSTANDING OF THE IMPACT OF TECHNOLOGY ON SOCIETY, INCLUDING AN ENHANCED UNDERSTANDING OF, AND ADVANCEMENT OF, DATA PRIVACY, ONLINE RELATIONSHIPS, AND NEW DIGITAL GOVERNANCE AND DIGITAL SHARED ECONOMIC MODELS.
Expenses $2,191,624 · Grants $326,754
As filed on the 2023 return.
Listed in Part VII
-
Frank McCourtFRANK MCCOURT
CHAIR
- Total calculated
- $0
- Hours/week
- 25
-
Maria CancianMARIA CANCIAN
SECRETARY (BEG. 8/23)
- Total calculated
- $0
- Hours/week
- 0.5
-
Alberto BeeckALBERTO BEECK
DIRECTOR (BEG. 8/23)
- Total calculated
- $0
- Hours/week
- 0.25
-
Martina LarkinMARTINA LARKIN
CEO
- Total calculated
- $426,079
- From this org
- $0
- From related orgs
- $426,079
- Other
- $0
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $426,079 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $426,079 related
-
Joseph RileyJOSEPH RILEY
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Joseph WhiteJOSEPH WHITE
SECRETARY (THROUGH 8/23)
- Total calculated
- $0
- Hours/week
- 5
-
Lara GalinskyLARA GALINSKY
HEAD OF PARTNERSHIPS (BEG. 3/23)
- Total calculated
- $315,307
- From this org
- $273,563
- From related orgs
- $0
- Other
- $41,744
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $232,323
- Bonus
- $41,240
- Other
- $0
- Deferred
- $8,266
- Nontaxable benefits
- $33,478
- Filer's total
- $315,307
-
James BellJAMES BELL
HEAD OF STRAT. INSIGHTS (BEG. 4/23)
- Total calculated
- $303,711
- From this org
- $259,116
- From related orgs
- $0
- Other
- $44,595
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,476
- Bonus
- $33,640
- Other
- $0
- Deferred
- $3,102
- Nontaxable benefits
- $41,493
- Filer's total
- $303,711
-
Kila EnglebrookKILA ENGLEBROOK
HEAD OF OPERATIONS (BEG. 3/23)
- Total calculated
- $286,318
- From this org
- $256,998
- From related orgs
- $0
- Other
- $29,320
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $223,590
- Bonus
- $33,408
- Other
- $0
- Deferred
- $7,473
- Nontaxable benefits
- $21,847
- Filer's total
- $286,318
-
Elizabeth CaputoELIZABETH CAPUTO
HEAD OF STRAT. INITIAT. (BEG. 2/23)
- Total calculated
- $264,191
- From this org
- $231,670
- From related orgs
- $0
- Other
- $32,521
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,292
- Bonus
- $15,378
- Other
- $0
- Deferred
- $3,235
- Nontaxable benefits
- $29,286
- Filer's total
- $264,191
-
Erik SuhonenERIK SUHONEN
HEAD OF ECOSYSTEM GROWTH (BEG. 5/23)
- Total calculated
- $256,018
- From this org
- $227,827
- From related orgs
- $0
- Other
- $28,191
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $196,343
- Bonus
- $31,484
- Other
- $0
- Deferred
- $2,391
- Nontaxable benefits
- $25,800
- Filer's total
- $256,018
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
- 1a · First-class or charter travel
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
The filer's explanations (Part III)
- PART I, LINE 1A
- THE ORGANIZATION'S CEO, MARTINA LARKIN, FLEW BUSINESS/FIRST CLASS FOR INTERNATIONAL FLIGHTS.
- PART I, LINE 7
- ALL BONUSES ARE MERIT BASED. SEE PART II FOR BONUSES.
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
-
$500,000
SUPPORT THE ORGANIZATION TO DEVELOP AND HOST EDUCATIONAL EVENTS AND ACTIVITIES THAT EXPLORE THE NEGATIVE MENTAL, CIVIC AND PUBLIC HEALTH IMPACTS OF DIGITAL TECHNOLOGY, PARTICULARLY SOCIAL MEDIA.
-
$250,000
SUPPORT ORGANIZATION IN HOSTING DISCUSSIONS THAT BRING TOGETHER EDUCATORS FROM MULTIPLE FIELDS WITH TECHNOLOGIST TO EXPLORE THE EFFECTS OF TECHNOLOGY ON DEMOCRATIC AND EPISTEMIC INSTITUTIONS. CONDUCT A MEMBERSHIP DRIVE TO LEVERAGE COMMUNITY SUPPORT AND INCREASE MEMBERSHIP.
-
$20,000
SUPPORT THE ORGANIZATION TO HOST ROUNDTABLE DISCUSSIONS BRINGING TOGETHER YOUNG PEOPLE FROM MULTIPLE FIELDS WITH TECHNOLOGISTS TO EXPLORE THE EFFECTS OF TECHNOLOGY ON THE WELLBEING OF YOUNG PEOPLE.
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.
-
STEWARD THE DECENTRALIZED SOCIAL NETWORKING PROTOCOL ("DSNP") · DE · income $0 · assets $0
Directly controlled by PROJECT LIBERTY INSTITUTE
-
MCCOURT INSTITUTE LLC
ENSURE FUTURE PRIORITIZATION OF DIGITAL GOVERNANCE OVER THE · DE · income $0 · assets $0
Directly controlled by PROJECT LIBERTY INSTITUTE
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
PROJECT LIBERTY UK SERVICES LIMITED
C · PROVIDES ORGANIZATIONAL DEVELOPMENT SERVICES · UK · 100% owned · share of assets $220,006 · controlled entity
Directly controlled by PROJECT LIBERTY INSTITUTE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349302956
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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