Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Initial Research Inc.
990 • Fiscal year 2025 • EIN 33-3790282
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 9.2% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$92,560
No earlier filing loaded for comparison.
Net Assets
$92,560
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$217,804
No earlier filing loaded for comparison.
Expenses
$125,244
No earlier filing loaded for comparison.
Net Income
$92,560
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Apr 21, 2026
- Return Version
- 2025v4.0
- Gross Receipts
- $217,804
Mission and Program Overview
Mission
Mission and program description initial research inc (ein: 33-3790282) is a new york-based nonprofit organization recognized under section 501(c)(3), dedicated to supporting the early stages of artistic inquiry through research, experimentation, and collaborative exchange. The organization provides educational and charitable programs that cultivate emerging artists, scholars, and cultural practitioners by offering structured opportunities for interdisciplinary exploration, knowledge generation, and community engagement. In 2025, initial research inc successfully carried out its primary program initiative, the initial research fellowship, a year-long cohort-based program designed to support early-stage, research-driven artistic practices. The fellowship provides participants with dedicated time, space, and structural support to develop new ideas and projects, while fostering collaboration, critical dialogue, and public engagement. Through this program, the organization advances artistic
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | - | $81,560 | - |
| Total Assets | $0 | $92,560 | ▲ $92,560 |
| Other Assets Total | - | $11,000 | - |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | - | $92,560 | - |
| Total Net Assets Fund Balance | $0 | $92,560 | ▲ $92,560 |
| Total Liabilities and Net Assets / Fund Balance | $0 | $92,560 | ▲ $92,560 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | - | $2,831 | $2,831 |
| Other Assets Org | $11,000 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Yuan Fu | Secretary/di | PT | $19,938 | $19,938 |
Board Members and Trustees
| Name | Title |
|---|---|
| Yiqin Chang | President/fo |
| Dai Wang | Treasury/Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $216,961
- Program Service Revenue
- $0
- Investment Income
- $404
- Other Revenue
- $439
- All Other Contributions
- $216,961
- Change in Net Assets
- $92,560
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $86,556 |
| Salaries, Compensation, and Employee Benefits | $19,938 |
| Grants and Similar Amounts Paid | $18,750 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $14,796 | $66,429 | - | $81,225 |
| Current Officers, Directors, Trustees, and Key Employees | $19,938 | - | - | $19,938 |
| Grants to Domestic Individuals | $18,750 | - | - | $18,750 |
| Depreciation Depletion | - | $2,831 | - | $2,831 |
| Fees for Services Legal | - | $2,500 | - | $2,500 |
| Total Functional Expenses | $53,484 | $71,760 | $0 | $125,244 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Backup withholding compliance
- No
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 11B
“No review was or will be conducted.”
Form 990, Page 6, Part VI, Line 19
“No documents available to the public”
Filing and Contact Details
Filer
- Filer Name
- Initial Research Inc
- EIN
- 33-3790282
- Phone
- 6469236386
- Address
- 41 WOODSTER ST 2ND FL, NEW YORK, NY 10013
Signing Officer
- Name
- Yiqin Chang
- Title
- President/founder
- Phone
- 6469236386
- Signed
- 2026-04-21
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Yiqin Chang
- Formed
- 2025
- Legal Domicile
- Ny
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 0
Preparer
- Firm
- Ata CPA Group LLC
- Address
- 1740 STATE ROUTE 27, EDISON, NJ 08817
- Preparer
- Grace T Fan CPA
- Phone
- 7327779330
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“Mission and program description initial research inc (ein: 33-3790282) is a new york-based nonprofit organization recognized under section 501(c)(3), dedicated to supporting the early stages of artistic inquiry through research, experimentation, and collaborative exchange. The organization provides educational and charitable programs that cultivate emerging artists, scholars, and cultural practitioners by offering structured opportunities for interdisciplinary exploration, knowledge generation, and community engagement. In 2025, initial research inc successfully carried out its primary program initiative, the initial research fellowship, a year-long cohort-based program designed to support early-stage, research-driven artistic practices. The fellowship provides participants with dedicated time, space, and structural support to develop new ideas and projects, while fostering collaboration, critical dialogue, and public engagement. Through this program, the organization advances artistic innovation and contributes to broader cultural and educational discourse.”
Form 990, Page 2, Part III, Line 4A
“Mission and program description initial research inc (ein: 33-3790282) is a new york-based nonprofit organization recognized under section 501(c)(3), dedicated to supporting the early stages of artistic inquiry through research, experimentation, and collaborative exchange. The organization provides educational and charitable programs that cultivate emerging artists, scholars, and cultural practitioners by offering structured opportunities for interdisciplinary exploration, knowledge generation, and community engagement. In 2025, initial research inc successfully carried out its primary program initiative, the initial research fellowship, a year-long cohort-based program designed to support early-stage, research-driven artistic practices. The fellowship provides participants with dedicated time, space, and structural support to develop new ideas and projects, while fostering collaboration, critical dialogue, and public engagement. Through this program, the organization advances artistic innovation and contributes to broader cultural and educational discourse.”
Form 990, Part IX, Line 11G
“Project coordinator 10,225 0 0 payroll/hr/recruiting fees 0 275 0 office supplies/books/postage 0 2,417 0 website/digital exhibition it 1,307 0 0 internet & telephone 0 1,096 0 google workspace subscription 0 381 0 office rent 0 42,500 0 utilities 0 1,517 0 repair & maintenance 0 4,180 0 artist & program hospitality 1,632 0 0 insurance-liability & d&o 0 10,213 0 govt. Fee & licence dees 0 3,850 0 special event venue/general 1,632 0 0 total 14,796 66,429 0”
Raw XML Appendix259 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.
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MISSION AND PROGRAM DESCRIPTION INITIAL RESEARCH INC (EIN: 33-3790282) IS A NEW YORK-BASED NONPROFIT ORGANIZATION RECOGNIZED UNDER SECTION 501(C)(3), DEDICATED TO SUPPORTING THE EARLY STAGES OF ARTISTIC INQUIRY THROUGH RESEARCH, EXPERIMENTATION, AND COLLABORATIVE EXCHANGE. THE ORGANIZATION PROVIDES EDUCATIONAL AND CHARITABLE PROGRAMS THAT CULTIVATE EMERGING ARTISTS, SCHOLARS, AND CULTURAL PRACTITIONERS BY OFFERING STRUCTURED OPPORTUNITIES FOR INTERDISCIPLINARY EXPLORATION, KNOWLEDGE GENERATION, AND COMMUNITY ENGAGEMENT. IN 2025, INITIAL RESEARCH INC SUCCESSFULLY CARRIED OUT ITS PRIMARY PROGRAM INITIATIVE, THE INITIAL RESEARCH FELLOWSHIP, A YEAR-LONG COHORT-BASED PROGRAM DESIGNED TO SUPPORT EARLY-STAGE, RESEARCH-DRIVEN ARTISTIC PRACTICES. THE FELLOWSHIP PROVIDES PARTICIPANTS WITH DEDICATED TIME, SPACE, AND STRUCTURAL SUPPORT TO DEVELOP NEW IDEAS AND PROJECTS, WHILE FOSTERING COLLABORATION, CRITICAL DIALOGUE, AND PUBLIC ENGAGEMENT. THROUGH THIS PROGRAM, THE ORGANIZATION ADVANCES ARTISTIC INNOVATION AND CONTRIBUTES TO BROADER CULTURAL AND EDUCATIONAL DISCOURSE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MISSION AND PROGRAM DESCRIPTION INITIAL RESEARCH INC (EIN: 33-3790282) IS A NEW YORK-BASED NONPROFIT ORGANIZATION RECOGNIZED UNDER SECTION 501(C)(3), DEDICATED TO SUPPORTING THE EARLY STAGES OF ARTISTIC INQUIRY THROUGH RESEARCH, EXPERIMENTATION, AND COLLABORATIVE EXCHANGE. THE ORGANIZATION PROVIDES EDUCATIONAL AND CHARITABLE PROGRAMS THAT CULTIVATE EMERGING ARTISTS, SCHOLARS, AND CULTURAL PRACTITIONERS BY OFFERING STRUCTURED OPPORTUNITIES FOR INTERDISCIPLINARY EXPLORATION, KNOWLEDGE GENERATION, AND COMMUNITY ENGAGEMENT. IN 2025, INITIAL RESEARCH INC SUCCESSFULLY CARRIED OUT ITS PRIMARY PROGRAM INITIATIVE, THE INITIAL RESEARCH FELLOWSHIP, A YEAR-LONG COHORT-BASED PROGRAM DESIGNED TO SUPPORT EARLY-STAGE, RESEARCH-DRIVEN ARTISTIC PRACTICES. THE FELLOWSHIP PROVIDES PARTICIPANTS WITH DEDICATED TIME, SPACE, AND STRUCTURAL SUPPORT TO DEVELOP NEW IDEAS AND PROJECTS, WHILE FOSTERING COLLABORATION, CRITICAL DIALOGUE, AND PUBLIC ENGAGEMENT. THROUGH THIS PROGRAM, THE ORGANIZATION ADVANCES ARTISTIC INNOVATION AND CONTRIBUTES TO BROADER CULTURAL AND EDUCATIONAL DISCOURSE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PROJECT COORDINATOR 10,225 0 0 PAYROLL/HR/RECRUITING FEES 0 275 0 OFFICE SUPPLIES/BOOKS/POSTAGE 0 2,417 0 WEBSITE/DIGITAL EXHIBITION IT 1,307 0 0 INTERNET & TELEPHONE 0 1,096 0 GOOGLE WORKSPACE SUBSCRIPTION 0 381 0 OFFICE RENT 0 42,500 0 UTILITIES 0 1,517 0 REPAIR & MAINTENANCE 0 4,180 0 ARTIST & PROGRAM HOSPITALITY 1,632 0 0 INSURANCE-LIABILITY & D&O 0 10,213 0 GOVT. FEE & LICENCE DEES 0 3,850 0 SPECIAL EVENT VENUE/GENERAL 1,632 0 0 TOTAL 14,796 66,429 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsEOYAmt | 0 | 92560 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 92560 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 216961 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 71760 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 53484 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 125244 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 92560 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 21570 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 53484 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 19938 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 843 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 217804 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 92560 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 41 WOOSTER ST 2ND FL |
| IRS990/USAddress/CityNm | 0 | NEW YORK |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 10013 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | HTTPS://WWW.INITIALRESEARCH.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | YIQIN CHANG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/FOUNDER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6469236386 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-04-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INITIAL RESEARCH INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INIT |
| ReturnHeader/Filer/EIN | 0 | 333790282 |
| ReturnHeader/Filer/PhoneNum | 0 | 6469236386 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 41 WOODSTER ST 2ND FL |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10013 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 223556313 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ATA CPA GROUP LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1740 STATE ROUTE 27 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | EDISON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 08817 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7327779330 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-04-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GRACE T FAN CPA |
| ReturnHeader/ReturnTs | 0 | 2026-04-23T16:17:32-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $92,560
- Liabilities
- $0
- Net assets
- $92,560
- Revenue
- $217,804
- Expenses
- $125,244
- Net income
- $92,560