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Nonprofiteer
← CLIMATE ARC INC

Form 990 for tax year 2024

Filed by CLIMATE ARC INC.

Totals

Total revenue
$44,432,743
Total expenses
$22,985,689
Contributions and grants received
$44,217,959
Grants paid
$14,495,141
Program service revenue
$0
Investment income
$209,378
Other revenue
$5,406
Total assets, end of year
$30,450,458
Total liabilities, end of year
$6,401,850
Net assets or fund balances, end of year
$24,048,608
Program services expenses (Part IX)
$18,799,299
Management and general expenses
$3,670,713
Fundraising expenses
$515,677
Program service expenses (Part III)
$18,799,299

Program services were 81.8% 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

    $44,217,959

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $209,378 · excluded $209,378

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $5,406 · excluded $5,406

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $5,406

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $418,205 · program services $418,205

  • 3 · Grants to foreign organizations and individuals

    total $14,076,936 · program services $14,076,936

  • 5 · Compensation of officers, directors and key employees

    total $809,899 · management and general $617,717 · fundraising $192,182

  • 7 · Other salaries and wages

    total $2,842,701 · program services $1,733,956 · management and general $785,250 · fundraising $323,495

  • 8 · Pension plan contributions

    total $238,627 · program services $112,904 · management and general $125,723

  • 9 · Other employee benefits

    total $195,545 · program services $104,999 · management and general $90,546

  • 10 · Payroll taxes

    total $409,765 · program services $196,233 · management and general $213,532

  • 11b · Fees: legal

    total $235,568 · management and general $235,568

  • 11c · Fees: accounting

    total $220,161 · management and general $220,161

  • 11g · Fees: other

    total $1,729,656 · program services $1,310,850 · management and general $418,806 · fundraising $0

  • 12 · Advertising and promotion

    total $4,441 · program services $4,441

  • 13 · Office expenses

    total $6,612 · program services $251 · management and general $6,361

  • 14 · Information technology

    total $627,683 · program services $523,690 · management and general $103,993

  • 16 · Occupancy

    total $125,188 · management and general $125,188

  • 17 · Travel

    total $260,381 · program services $157,894 · management and general $102,487

  • 20 · Interest

    total $61,006 · program services $61,006

  • 22 · Depreciation, depletion and amortization

    total $52,005 · management and general $52,005

  • 23 · Insurance

    total $26,222 · program services $1,079 · management and general $25,143

  • 24a · Other expenses: TRAINING AND DEVELOPMENT

    total $175,022 · program services $541 · management and general $174,481

  • 24b · Other expenses: PAYROLL PROCESSING FEE

    total $132,094 · management and general $132,094

  • 24c · Other expenses: FOREIGN EXCHANGE LOSS

    total $123,208 · management and general $123,208

  • 24d · Other expenses: EVENT COST

    total $93,379 · program services $76,469 · management and general $16,910

  • 24e · All other expenses

    total $121,385 · program services $19,845 · management and general $101,540 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,517,656 · end of year $20,987,744

  • 4 · Accounts receivable

    beginning of year $0 · end of year $7,710,300

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,884 · end of year $94,822

  • 10a · Land, buildings and equipment: cost or other basis

    $460,708

  • 10b · Land, buildings and equipment: accumulated depreciation

    $52,005

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $408,703

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $1,071,049 · end of year $1,248,889

  • 17 · Accounts payable and accrued expenses

    beginning of year $35 · end of year $934,555

  • 18 · Grants payable

    beginning of year $0 · end of year $5,467,295

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,601,554 · end of year $24,048,608

Mission and programs · 2024

Mission

CLIMATE ARC INC. SEEKS TO PROVIDE SOLUTIONS TO THE PROBLEM OF CLIMATE CHANGE BY (1) DEVELOPING THE FRAMEWORKS, METHODOLOGIES, AND STANDARDS THAT GUIDE THE DIRECTION AND PACE OF FINANCIAL DECISIONS, (2) OPENING UP AND CURATING GLOBAL FLOWS OF DATA, INFORMATION, AND INSIGHTS, AND (3) UPSKILLING AND CREATING NETWORKS OF PEOPLE WORLDWIDE TO INTEGRATE CLIMATE SCIENCE INTO FINANCIAL DECISIONS.

Activities or mission (Part I)

CLIMATE ARC INC. SEEKS TO PROVIDE SOLUTIONS TO THE PROBLEM OF CLIMATE CHANGE BY DEVELOPING THE FRAMEWORKS, METHODOLOGIES, AND STANDARDS THAT GUIDE FINANCIAL DECISION-MAKING, CURATING GLOBAL FLOWS OF DATA AND INSIGHTS, AND BUILDING NETWORKS OF PEOPLE WORLDWIDE TO INTEGRATE CLIMATE SCIENCE INTO FINANCE.

  • Partnerships and Impact - Covers the Grant making Program, which funds projects developing climate-finance tools, datasets, and methodologies (e.g., PACTA 2.0, Lobby Map, Resilient Planet Data Hub), and the Climate Finance Hub Brazil, a localized coalition focused on upskilling the Brazilian financial community and producing in-depth corporate climate-transition analysis.

    Expenses $15,525,701 · Grants $14,495,141

  • Research and Programs - Includes TransitionArc, a proprietary platform that aggregates climate-transition data and analysis to support financial institutions in assessing corporate climate performance, freely accessible to registered users.

    Expenses $2,507,093

  • Communications and Engagement - Focuses on collaboration with financial institutions, nonprofits, and climate experts to promote common standards, share insights, and drive systemic change through communication campaigns and sector convenings.

    Expenses $766,505

As filed on the 2024 return.

Listed in Part VII

  • MERYAM OMI

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $474,658
    From this org
    $393,762
    From related orgs
    $0
    Other
    $80,896
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $393,762
    Bonus
    $0
    Other
    $0
    Deferred
    $28,163
    Nontaxable benefits
    $52,733
    Filer's total
    $474,658

  • BILL BIEN

    DIRECTOR

    Total calculated
    $2,422
    From this org
    $2,422
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • DARLENE CURRIE

    DIRECTOR

    Total calculated
    $9,807
    From this org
    $9,807
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • EMMA HOWARD-BOYD

    CHAIR

    Total calculated
    $33,458
    From this org
    $33,458
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • BEATE VAN LOO- BORN

    FORMER CCO

    Total calculated
    $335,241
    From this org
    $331,358
    From related orgs
    $0
    Other
    $3,883
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $331,358
    Bonus
    $0
    Other
    $0
    Deferred
    $2,835
    Nontaxable benefits
    $1,048
    Filer's total
    $335,241

  • FELIX Preston

    Director of Research & Program

    Total calculated
    $291,078
    From this org
    $241,005
    From related orgs
    $0
    Other
    $50,073
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $241,005
    Bonus
    $0
    Other
    $0
    Deferred
    $18,421
    Nontaxable benefits
    $31,652
    Filer's total
    $291,078

  • JOEL Paque

    Head of Fundraising

    Total calculated
    $225,704
    From this org
    $199,304
    From related orgs
    $0
    Other
    $26,400
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $199,304
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,400
    Filer's total
    $225,704

  • KAYE Bettney

    Director of People & Culture

    Total calculated
    $168,777
    From this org
    $139,834
    From related orgs
    $0
    Other
    $28,943
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $139,834
    Bonus
    $0
    Other
    $0
    Deferred
    $11,252
    Nontaxable benefits
    $17,691
    Filer's total
    $168,777

  • Lukasz Mastalerz

    Head of Technology

    Total calculated
    $124,455
    From this org
    $124,455
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

  • Marta Guglielmetti

    Former Director of Partnerships

    Total calculated
    $174,241
    From this org
    $169,394
    From related orgs
    $0
    Other
    $4,847
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $169,394
    Bonus
    $0
    Other
    $0
    Deferred
    $4,062
    Nontaxable benefits
    $785
    Filer's total
    $174,241

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

None.

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

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.

  • Climate Arc UK

    Supports the Mission of Climate Arc Inc · UK · income $0 · assets $0

    Directly controlled by climate arc

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.1
Source object
202503219349310915

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