Totals
- Total revenue
- $121,394,713
- Total expenses
- $124,078,490
- Contributions and grants received
- $117,672,211
- Grants paid
- $119,977,182
- Program service revenue
- $2,771,584
- Investment income
- $950,918
- Other revenue
- $0
- Total assets, end of year
- $71,443,661
- Total liabilities, end of year
- $16,219,984
- Net assets or fund balances, end of year
- $55,223,677
- Program services expenses (Part IX)
- $121,258,885
- Management and general expenses
- $2,819,605
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $121,258,885
Program services were 97.7% 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.
-
1e · Government grants (contributions)
$1,514,657
-
1f · All other contributions, gifts and grants
$116,157,554
-
1g · Noncash contributions included above
$5,582,764
-
2a · Program service revenue: ADMIN, MGT & INVESTMENT FEES
total $2,771,584 · related or exempt $2,771,584
-
3 · Investment income
total $718,820 · excluded $718,820
-
7a · Gross sales of assets other than inventory
securities $22,127,882
-
7b · Less cost or other basis and sales expenses
securities $21,895,784
-
7c · Gain or loss
securities $232,098
-
7d · Net gain or loss
total $232,098 · excluded $232,098
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,615,765 · program services $2,615,765
-
3 · Grants to foreign organizations and individuals
total $117,361,417 · program services $117,361,417
-
5 · Compensation of officers, directors and key employees
total $414,611 · management and general $414,611
-
7 · Other salaries and wages
total $708,768 · management and general $708,768
-
8 · Pension plan contributions
total $37,550 · management and general $37,550
-
9 · Other employee benefits
total $188,364 · management and general $188,364
-
10 · Payroll taxes
total $71,638 · management and general $71,638
-
11b · Fees: legal
total $222,151 · management and general $222,151
-
11c · Fees: accounting
total $66,783 · management and general $66,783
-
11f · Fees: investment management
total $26,940 · management and general $26,940
-
11g · Fees: other
total $72,810 · management and general $72,810
-
13 · Office expenses
total $138,225 · management and general $138,225
-
14 · Information technology
total $98,395 · management and general $98,395
-
16 · Occupancy
total $306,435 · management and general $306,435
-
17 · Travel
total $204,309 · management and general $204,309
-
22 · Depreciation, depletion and amortization
total $10,981 · management and general $10,981
-
23 · Insurance
total $27,638 · management and general $27,638
-
24a · Other expenses: EDUCATION/EXCHANGE PROJ
total $1,281,703 · program services $1,281,703
-
24b · Other expenses: EVENTS
total $189,542 · management and general $189,542
-
24c · Other expenses: DUES AND MEMBERSHIPS
total $34,465 · management and general $34,465
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,750,936 · end of year $6,334,900
-
2 · Savings and temporary cash investments
beginning of year $22,572,019 · end of year $22,716,386
-
3 · Pledges and grants receivable
beginning of year $10,440,975 · end of year $12,463,279
-
9 · Prepaid expenses and deferred charges
beginning of year $888,366 · end of year $566,489
-
10a · Land, buildings and equipment: cost or other basis
$111,568
-
10b · Land, buildings and equipment: accumulated depreciation
$16,362
-
10c · Land, buildings and equipment, net
beginning of year $102,235 · end of year $95,206
-
11 · Investments: publicly traded securities
beginning of year $20,038,595 · end of year $19,482,618
-
15 · Other assets
beginning of year $9,224,887 · end of year $9,784,783
-
17 · Accounts payable and accrued expenses
beginning of year $123,381 · end of year $217,259
-
18 · Grants payable
beginning of year $8,239,434 · end of year $13,220,577
-
19 · Deferred revenue
beginning of year $411,635 · end of year $501,845
-
25 · Other liabilities
beginning of year $2,454,487 · end of year $2,280,303
-
27 · Net assets without donor restrictions
beginning of year $38,833,068 · end of year $41,666,893
-
28 · Net assets with donor restrictions
beginning of year $15,956,008 · end of year $13,556,784
Mission and programs · 2023
Mission
MYRIAD USA FACILITATES THOUGHTFUL,EFFECTIVE GIVING ACROSS BORDERS.
Activities or mission (Part I)
MYRIAD USA FACILITATES THOUGHTFUL, EFFECTIVE GIVING ACROSS BORDERS.
-
GRANTS TO SUPPORT VARIOUS CHARITABLE PROJECTS ACROSS THE GLOBE.
Expenses $119,977,182 · Grants $119,977,182
-
OPERATIONAL EXPENSES FOR THE AFRICAN VISIONARY FUND: OPERATIONALEXPENSES FOR THE AFRICAN VISIONARY FUND INCLUDE COMMUNICATIONS ANDOUTREACH EFFORTS, LAUNCHING OF A NEW WEBSITE, AND COORDINATION OF THESELECTION OF GRANT RECIPIENTS. STRUCTURED AS A PURPOSE FUND HOSTED ATMYRIAD USA, THE AFRICAN VISIONARY FUND'S MISSION IS TO DRIVE MORE FUNDING TOAFRICAN SOCIAL ENTREPRENEURS IN AN EFFORT TO ACCELERATE THEIR IMPACT.IT IS TACKLING INEQUITIES AND RIGHTING THE POWER IMBALANCES INPHILANTHROPY BY OFFERING UNRESTRICTED, UNBURDENSOME FUNDING TO AFRICANVISIONARIES.
Expenses $1,059,307
-
EACH YEAR, MYRIAD USA ORGANIZES TWO INTENSIVE STUDY VISITS ON THE ART & SCIENCE OF FUNDRAISING, TO INTRODUCE UNIVERSITIES AND CULTURAL INSTITUTIONS FROM AROUND THE WORLD TO SUCCESSFUL DEVELOPMENT STRATEGIES. DURING FOUR DAYS OF DISCUSSIONS WITH SOME OF NEW YORK CITY'S MOST TALENTED FUNDRAISING PROFESSIONALS, PARTICIPANTS EXPLORE CREATIVE SOLUTIONS TO BROADEN THEIR FUNDING.
Expenses $128,664
-
MYRIAD USA ORGANIZES VIRTUAL CONVERSATIONS FOR EXECUTIVES OF FOREIGN NONPROFIT ORGANIZATIONS, IN AN EFFORT TO PROVIDE THEM WITH PRACTICAL CASE STUDIES OF WHAT WORKS IN FUNDRAISING. CLOSE TO 1000 EXECUTIVES PARTICIPATED IN FIVE INTERACTIVE WEBINARS IN 2023.MYRIAD USA SPOTLIGHTS SOME OF ITS MOST CREATIVE PARTNERS FROM AROUND THE WORLD, IN AN EFFORT TO CONNECT THEM WITH INVESTORS AND PHILANTHROPISTS. WE INVITE THESE CHANGEMAKERS TO JOIN US FOR CONVENINGS AND EVENTS HOSTED BY KEY PARTNER ORGANIZATIONS.
Expenses $93,732
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Thomas LeysenTHOMAS LEYSEN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Freda ZietlowFREDA ZIETLOW
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Evaristus MainsahEVARISTUS MAINSAH
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Brieuc Van DammeBRIEUC VAN DAMME
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Maryan AinsworthMARYAN AINSWORTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Suzy AntounianSUZY ANTOUNIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ahmed FahimAHMED FAHIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David O'SullivanDAVID O'SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Caroline KronleyCAROLINE KRONLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Cecilia TornaghiCECILIA TORNAGHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Pradeep NairPRADEEP NAIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dien YuenDIEN YUEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jean Paul WarmoesJEAN PAUL WARMOES
CHIEF EXECUTIVE OFFICER
- Total calculated
- $414,611
- From this org
- $387,013
- From related orgs
- $0
- Other
- $27,598
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $337,013
- Bonus
- $50,000
- Other
- $0
- Deferred
- $27,598
- Nontaxable benefits
- $0
- Filer's total
- $414,611
-
Ellena FotinatosELLENA FOTINATOS
CHIEF OPERATING OFFICER
- Total calculated
- $163,240
- From this org
- $151,068
- From related orgs
- $0
- Other
- $12,172
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $142,068
- Bonus
- $9,000
- Other
- $0
- Deferred
- $12,172
- Nontaxable benefits
- $0
- Filer's total
- $163,240
-
Kadiatou SyllaKADIATOU SYLLA
DIRECTOR - AFRICA
- Total calculated
- $140,781
- From this org
- $133,320
- From related orgs
- $0
- Other
- $7,461
- Hours/week
- 45
-
Monica Carrillo ZegarraMONICA CARRILLO ZEGARRA
DIRECTOR - LATIN AMERICA
- Total calculated
- $141,240
- From this org
- $133,320
- From related orgs
- $0
- Other
- $7,920
- Hours/week
- 45
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 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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 7
- ALL EMPLOYEES OF MYRIAD USA ARE ELIGIBLE FOR A BONUS, WHICH CAN RANGE BETWEEN 0% AND 15% OF AN EMPLOYEE'S GROSS ANNUAL SALARY. THE AMOUNT OF AN EMPLOYEE'S BONUS TAKES INTO ACCOUNT SUCH FACTORS AS THE PERFORMANCE OR MERIT OF THE EMPLOYEE (BASED ON HIS OR HER ANNUAL EVALUATION), THE FINANCIAL SITUATION OF MYRIAD USA, ITS GROSS REVENUE DURING THE PRECEDING YEAR, AND THE INCREASE OF SUCH REVENUE OVER THE PAST FEW YEARS.
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
-
ZIPLINE INTERNATIONAL INC
$1,000,000
TO EXPAND VACCINE ACCESS TO NIGERIA'S ZERO-DOSE CHILDREN BY TARGETING COMMUNITY HEALTH WORKERS WITHIN ZERO-DOSE CLUSTERS.
-
FOR ITS WOMENSLAW PROGRAM WHICH PROVIDES FREE, INDIVIDUALIZED, AND CONFIDENTIAL LEGAL INFORMATION FOR SURVIVORS OF DOMESTIC VIOLENCE, SEXUAL ASSAULT, AND STALKING.
-
$494,395
TO SUPPORT WOMEN-LED ORGANIZATIONS, GENDER NON-CONFORMING GROUPS, AND OTHER MARGINALIZED COMMUNITIES TO CONTRIBUTE TO GENDER GLOBAL EQUITY.
-
$244,395
TO SUPPORT ADOLESCENT GIRLS AND YOUTH OF COLOR IN THE U.S.
-
$150,878
TO SUPPORT LOCAL NONPROFITS IN PROVIDING EMERGENCY RELIEF TO COMMUNITIES AFFECTED BY THE EARTHQUAKES IN TURKEY AND SYRIA.
-
$100,000
TO HELP INCREASE ACCESS TO QUALITY HEALTHCARE FOR UNDERSERVED COMMUNITIES IN BRAZIL.
-
TO HELP ENSURE PHILANTHROPY REACHES ITS FULLEST POTENTIAL AS A CATALYST FOR SOCIAL PROGRESS.
-
$19,428
TO PROVIDE FREE QUALITY HIGH SCHOOL EDUCATION TO STUDENTS IN ADAMA, ETHIOPIA TO ENSURE THEIR SUCCESSFUL GRADUATION.
-
$12,636
TO ESTABLISH AN EARLY CHILDHOOD EDUCATION CENTER IN URYADI'S VILLAGE, ETHIOPIA.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202411999349300811
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