Form 990 for tax year 2023
Filed by INSTITUTE FOR FUTURE INTELLIGENCE INC.
Totals
- Total revenue
- $1,081,250
- Total expenses
- $1,107,750
- Contributions and grants received
- $870,087
- Grants paid
- $0
- Program service revenue
- $211,163
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $258,435
- Total liabilities, end of year
- $304,920
- Net assets or fund balances, end of year
- -$46,485
- Program services expenses (Part IX)
- $1,027,351
- Management and general expenses
- $80,399
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,081,250
Program services were 92.7% 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)
$870,087
-
2a · Program service revenue: Contract Revenue
total $211,163
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $242,627 · program services $216,282 · management and general $26,345
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $216,327 · program services $216,327
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $70,640 · program services $67,109 · management and general $3,531
-
10 · Payroll taxes
total $35,263 · program services $32,973 · management and general $2,290
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $42,370 · management and general $42,370
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $118,846 · program services $118,846
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $4,671 · program services $471 · management and general $4,200
-
14 · Information technology
total $2,164 · program services $2,164
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $8,851 · program services $8,585 · management and general $266
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Subcontractors
total $358,406 · program services $358,406
-
24e · All other expenses
total $7,585 · program services $6,188 · management and general $1,397
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,288 · end of year $28,869
-
4 · Accounts receivable
beginning of year $271,173 · end of year $229,566
-
17 · Accounts payable and accrued expenses
beginning of year $235,946 · end of year $245,420
-
22 · Loans and payables to officers and key people
beginning of year $59,500 · end of year $59,500
-
27 · Net assets without donor restrictions
beginning of year -$19,985 · end of year -$46,485
Mission and programs · 2023
Mission
Become a leading institution in research and development that focuses on reimaging the relationship between human and machine and preparing for its profound impacts on society.
-
Science and Engineering Education for Infrastructure Transformation - This project has created a cyberinfrastructure that supports citizen science in the context of energy to bridge formal and informal science education and studied its effectiveness for supporting student learning. It has produced three open-source software programs Infrared Explorer, Telelab, and Infrared Street View. It has published more than ten papers in peer-reviewed academic journals.
Expenses $183,601
-
Educating Generative Designers in Engineering - In collaboration with the University of Texas at Austin, this project develops generative design software that supports the research and development of generative design thinking.
Expenses $173,893
-
Broadening Participation Research Project Visualizing Computation Solutions to Improve Computational Thinking in Science Courses - This project creates a systematic approach to the development of computational thinking and skills for students taking undergraduate courses in physics and chemistry.
Expenses $37,138
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Charles Xie
CEO/Treasurer
- Total calculated
- $217,019
- From this org
- $193,767
- From related orgs
- $0
- Other
- $23,252
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,767
- Bonus
- not reported
- Other
- not reported
- Deferred
- $23,252
- Nontaxable benefits
- not reported
- Filer's total
- $217,019
-
Dylan Bulseco
Senior Vice President
- Total calculated
- $51,261
- From this org
- $45,769
- From related orgs
- $0
- Other
- $5,492
- Hours/week
- 8
-
Kenneth Yang
CFO/Clerk
- Total calculated
- $3,462
- From this org
- $3,091
- From related orgs
- $0
- Other
- $371
- Hours/week
- 2
-
Janice Mokros
President
- Total calculated
- $0
- Hours/week
- 0.5
-
Dave Bursell
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Alejandra Magana
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Eric Giroux
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Larry Weathers
Director
- Total calculated
- $0
- Hours/week
- 0.5
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
- 2 · Substantiation required before reimbursing expenses
- 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
- 2023
- Filed
- 25 December 2025
- IRS schema version
- 2023v6.0
- Source object
- 202600639349300500
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