Civic Intelligence

William and Mary Intellectual Property Foundation

EIN 26-1769925 • 501(c)3 • Williamsburg, VA

Profile

Educational and Scientific. WMIPF is an agent of William & Mary (W&M) for commercialization of W&M research. WMIPF engages in matters pertaining to intellectual property for the benefit of W&M, which benefits from the services provided.

300 Ukrop WayWilliamsburg, VA 23187
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

38th percentile

-3.5%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

51st percentile

-1.1%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

53rd percentile

0.0%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$435,247

Down $5,016 (-1.1%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$435,247

Down $5,016 (-1.1%) from 2024

Operations
Liabilities / Revenue62nd percentileNet Margin38th percentile

Revenue

Up

$143,574

Up $38 (+0.0%) from 2024

Expenses

Up

$148,590

Up $23,471 (+19%) from 2024

Net Income

Down

-$5,016

Down $23,433 (-127%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $49,282Liabilities 2011: $0Net Assets 2011: $49,2822011Assets 2012: $55,641Liabilities 2012: $0Net Assets 2012: $55,6412012Assets 2013: $139,417Liabilities 2013: $0Net Assets 2013: $139,4172013Assets 2014: $119,002Liabilities 2014: $0Net Assets 2014: $119,0022014Assets 2015: $135,217Liabilities 2015: $0Net Assets 2015: $135,2172015Assets 2016: $184,653Liabilities 2016: $0Net Assets 2016: $184,6532016Assets 2017: $235,911Liabilities 2017: $0Net Assets 2017: $235,9112017Assets 2018: $213,104Liabilities 2018: $0Net Assets 2018: $213,1042018Assets 2019: $303,124Liabilities 2019: $0Net Assets 2019: $303,1242019Assets 2020: $296,001Liabilities 2020: $0Net Assets 2020: $296,0012020Assets 2021: $247,165Liabilities 2021: $0Net Assets 2021: $247,1652021Assets 2022: $358,196Liabilities 2022: $0Net Assets 2022: $358,1962022Assets 2023: $421,846Liabilities 2023: $0Net Assets 2023: $421,8462023Assets 2024: $440,263Liabilities 2024: $0Net Assets 2024: $440,2632024Assets 2025: $435,247Liabilities 2025: $0Net Assets 2025: $435,2472025

Highlighted filing

2025

Assets$435,247
Liabilities$0
Net Assets$435,247
Open 2025 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2011: $69,172Expenses 2011: $40,391Net Income 2011: $28,7812011Revenue 2012: $45,628Expenses 2012: $39,269Net Income 2012: $6,3592012Expenses 2013: $276,7752013Revenue 2014: $307,421Expenses 2014: $327,836Net Income 2014: -$20,4152014Revenue 2015: $330,188Expenses 2015: $313,973Net Income 2015: $16,2152015Revenue 2016: $396,842Expenses 2016: $347,406Net Income 2016: $49,4362016Revenue 2017: $281,969Expenses 2017: $230,911Net Income 2017: $51,0582017Revenue 2018: $316,776Expenses 2018: $338,939Net Income 2018: -$22,1632018Revenue 2019: $308,053Expenses 2019: $217,835Net Income 2019: $90,2182019Revenue 2020: $199,885Expenses 2020: $207,006Net Income 2020: -$7,1212020Revenue 2021: $136,299Expenses 2021: $185,135Net Income 2021: -$48,8362021Revenue 2022: $122,373Expenses 2022: $11,342Net Income 2022: $111,0312022Revenue 2023: $170,478Expenses 2023: $106,828Net Income 2023: $63,6502023Revenue 2024: $143,536Expenses 2024: $125,119Net Income 2024: $18,4172024Revenue 2025: $143,574Expenses 2025: $148,590Net Income 2025: -$5,0162025

Highlighted filing

2025

Revenue$143,574
Expenses$148,590
Net Income-$5,016
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$435,247
Liabilities
$0
Net assets
$435,247
Revenue
$143,574
Expenses
$148,590
Net income
-$5,016
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.35$0.00$4.35$1.44$1.49$0.05
2024Detailed filing. Detailed filing data is available for this year.$4.40$0.00$4.40$1.44$1.25$0.18
2023Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$1.70$1.07$0.64
2022Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$1.22$0.11$1.11
2021Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$1.36$1.85$0.49
2020Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$2.00$2.07$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$3.08$2.18$0.90
2018Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$3.17$3.39$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$2.82$2.31$0.51
2016Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$3.97$3.47$0.49
2015Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$3.30$3.14$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$3.07$3.28$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.00$1.39$2.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.46$0.39$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.69$0.40$0.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 29, 2025
Return Version
2024v5.0
Gross Receipts
$143,574
Mission and Program Overview

Mission

educational and scientific. WMIPF is an agent of William & Mary (W&M) for commercialization of W&M research. WMIPF engages in matters pertaining to intellectual property for the benefit of W&M, which benefits from the services provided.

Program Services

DescriptionGrantsExpenses
The William and Mary Intellectual Property Foundation engages in matters pertaining to intellectual property for the benefit of William and Mary. The university, and all its employees and stakeholders, can benefit from the services provided. This fiscal year, WMIPF paid $135,268 to W&M's affiliate VIMS to fund continuing research, and $5,000 to W&M to support research. Other expenses include costs related to patents and operational expenses.$0$148,590
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alyson WilsonChairman Of The Board-$0--
Jason McDevittPresident-$0--
Filing and Contact Details

Filer

Filer Name
William and Mary Intellectual Property Foundation
EIN
26-1769925
Phone
7572211751
Address
300 Ukrop Way, Williamsburg, VA 23187

Signing Officer

Name
Jason McDevitt
Title
President
Phone
7572211751
Signed
2025-10-29
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Support to VIMS ABC (135,268); general programmatic support (11,499), software (850); other such as accounting, insurance, state fees (973)”

Raw XML Appendix176 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Williamsburg
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023187
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0440263
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Alyson Wilson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jason McDevitt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman of the Board
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0148590
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Educational and Scientific. WMIPF is an agent of William & Mary (W&M) for commercialization of W&M research. WMIPF engages in matters pertaining to intellectual property for the benefit of W&M, which benefits from the services provided.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt0131427
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The William and Mary Intellectual Property Foundation engages in matters pertaining to intellectual property for the benefit of William and Mary. The university, and all its employees and stakeholders, can benefit from the services provided. This fiscal year, WMIPF paid $135,268 to W&M's affiliate VIMS to fund continuing research, and $5,000 to W&M to support research. Other expenses include costs related to patents and operational expenses.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Schedule A, Part IV, Section A, Line 1 - William & Mary is listed in the charter documents, but its affiliate, the Virginia Institute of Marine, is not explicitly mentioned in the charter documents
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section A, Line 1
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt01000
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
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IRS990ScheduleA/TotalSupportAmt05000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Support to VIMS ABC (135,268); general programmatic support (11,499), software (850); other such as accounting, insurance, state fees (973)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jason McDevitt
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07572211751
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILLIAM AND MARY INTELLECTUAL PROPERTY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0261769925
ReturnHeader/Filer/PhoneNum07572211751
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 Ukrop Way
ReturnHeader/Filer/USAddress/CityNm0Williamsburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023187
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-10-29T11:23:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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