Civic Intelligence

Ohio State Innovation Foundation

990 • Fiscal year 2019 • EIN 46-0843878

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 06, 2020

Organization ProfileN/A
1524 N High StreetColumbus, OH 43201

(614) 292-1315

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.09x

Higher debt load relative to assets than 36% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.05x

Higher debt load relative to revenue than 17% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

94th percentile

$750,224

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

96th percentile

75%

Faster asset growth than 96% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

53rd percentile

4.6%

Faster revenue growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$6,260,584

Up $2,684,890 (+75%) from 2018

Net Assets

Up

$5,672,247

Up $2,369,251 (+72%) from 2018

Liabilities

Up

$588,337

Up $315,639 (+116%) from 2018

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin78th percentile

Revenue

Up

$12,253,283

Up $540,822 (+4.6%) from 2018

Expenses

Down

$9,890,147

Down $311,560 (-3.1%) from 2018

Net Income

Up

$2,363,136

Up $852,382 (+56%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$10M$0-$10MAssets 2014: $745,914Liabilities 2014: $3,146,905Net Assets 2014: -$2,400,9912014Assets 2015: $2,079,557Liabilities 2015: $5,561,910Net Assets 2015: -$3,482,3532015Assets 2016: $1,365,190Liabilities 2016: $622,028Net Assets 2016: $743,1622016Assets 2017: $2,316,032Liabilities 2017: $714,324Net Assets 2017: $1,601,7082017Assets 2018: $3,575,694Liabilities 2018: $272,698Net Assets 2018: $3,302,9962018Assets 2019: $6,260,584Liabilities 2019: $588,337Net Assets 2019: $5,672,2472019Assets 2020: $6,262,012Liabilities 2020: $1,443,477Net Assets 2020: $4,818,5352020Assets 2021: $6,188,077Liabilities 2021: $1,951,464Net Assets 2021: $4,236,6132021Assets 2022: $18,998,036Liabilities 2022: $10,007,280Net Assets 2022: $8,990,7562022Assets 2023: $9,807,916Liabilities 2023: $102,190Net Assets 2023: $9,705,7262023Assets 2024: $6,204,033Liabilities 2024: $31,379Net Assets 2024: $6,172,6542024

Highlighted filing

2019

Assets$6,260,584
Liabilities$588,337
Net Assets$5,672,247
Open 2019 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2014: $3,571,393Expenses 2014: $5,972,384Net Income 2014: -$2,400,9912014Revenue 2015: $6,990,840Expenses 2015: $8,104,141Net Income 2015: -$1,113,3012015Revenue 2016: $5,512,898Expenses 2016: $6,414,313Net Income 2016: -$901,4152016Revenue 2017: $6,739,541Expenses 2017: $5,900,432Net Income 2017: $839,1092017Revenue 2018: $11,712,461Expenses 2018: $10,201,707Net Income 2018: $1,510,7542018Revenue 2019: $12,253,283Expenses 2019: $9,890,147Net Income 2019: $2,363,1362019Revenue 2020: $7,300,382Expenses 2020: $7,632,872Net Income 2020: -$332,4902020Revenue 2021: $3,748,357Expenses 2021: $6,116,695Net Income 2021: -$2,368,3382021Revenue 2022: $23,467,827Expenses 2022: $18,713,684Net Income 2022: $4,754,1432022Revenue 2023: $15,253,821Expenses 2023: $14,538,851Net Income 2023: $714,9702023Revenue 2024: $10,341,480Expenses 2024: $13,875,984Net Income 2024: -$3,534,5042024

Highlighted filing

2019

Revenue$12,253,283
Expenses$9,890,147
Net Income$2,363,136
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 6, 2020
Return Version
2018v3.2
Gross Receipts
$12,253,283
Mission and Program Overview

Mission

Ohio state innovation foundation ("osif") is a not-for-profit ohio corporation formed to manage intellectual property developed at or created by the ohio state university ("osu") and to facilitate the commercialization of such intellectual property ("ip"). Osu is the sole member of osif, and a majority of the directors on the osif board of directors are representative of osu. Osif has no employees. The operations of osif are conducted by osu's technology commercialization & knowledge transfer office, pursuant to contract.

Ohio state innovation foundation ("osif") is a not-for-profit ohio corporation formed to manage intellectual property developed at or created by the ohio state university ("osu") and to facilitate the commercialization of such intellectual property ("ip"). Osu is the sole member of osif, and a majority of the directors on the osif board of directors are representatives of osu. Osif has no employees. The operations of the osif are conducted by the osu's technology commercialization & knowledge transfer office, pursuant to contract.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,392,512$3,718,682▲ $1,326,170
Accounts Receivable$998,965$2,357,685▲ $1,358,720
Investments Other Securities$184,217$184,217→ $0
Total Assets$3,575,694$6,260,584▲ $2,684,890
Liabilities
Accounts Payable and Accrued Expenses$272,698$588,337▲ $315,639
Total Liabilities$272,698$588,337▲ $315,639
Net Assets / Fund Balance
Unrestricted Net Assets$3,302,996$5,672,247▲ $2,369,251
Total Net Assets Fund Balance$3,302,996$5,672,247▲ $2,369,251
Total Liabilities and Net Assets / Fund Balance$3,575,694$6,260,584▲ $2,684,890
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Michael PapadakisChairman
R Scott OsbornePresident From 8/4/18
Matt McnairPresident Thru 8/4/18
Dj NagVice President
Bruce McpheronDirector
Chris OlsenDirector
Jim TerranovaDirector
Ray ShealyDirector
Tim WrightDirector
David MessSecretary From 9/18
Shruti JhaSecretary Thru 9/18
Cheryl TurnbullTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Meunier Carlin & Curfman LLCLegal Services817 WEST PEACHTREE STREET NW SUITE, Atlanta, GA 30308$1,824,843
Computer Packages INCLegal Services11 N WASHINGTON ST STE 300, Rockville, MD 20850$487,435
Vorys Sater Seymour And Pease LLPLegal Services52 E GAY ST, Columbus, OH 43216$286,929
Thomas Horstmeyer LLPLegal Services3200 WINDY HILL ROAD SE STE 1600E, Atlanta, GA 30339$236,427
Michael Best & Friedrich LLPLegal Services100 EAST WISCONSIN AVE 3300, Milwaukee, WI 53202$230,137
Revenue and Support

Revenue Composition

Contributions and Grants
$3,065,363
Program Service Revenue
$7,999,593
Investment Income
$1,194,442
Other Revenue
$-6,115
Change in Net Assets
$2,363,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,890,147
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$5,563,084--$5,563,084
Fees for Services Legal$485,510--$485,510
Other Expenses$163,933--$163,933
Fees for Services Accounting-$18,740-$18,740
Fees for Services Other$9,706--$9,706
Office Expenses$225--$225
Total Functional Expenses$9,871,407$18,740$0$9,890,147
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Due to the relationship with related entities, several members serve on the board of related entities.”

Form 990, Part VI, Section A, Line 3

“Osu technology commercialization contracts with ohio state innovation foundation to manage the organization's operations.”

Form 990, Part VI, Section A, Line 6

“The ohio state university is the sole member of the organization.”

Form 990, Part VI, Section A, Line 7A

“Per section 2.01 membership, of the code of regulations, the president of the ohio state university has the power to designate a member of the board.”

Form 990, Part VI, Section A, Line 8B

“No committees exist that have authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by an external accounting firm, and reviewed by the officers. To expediate filing the return is not provided to the full board of directors prior to submission.”

Form 990, Part VI, Section B, Line 12C

“Annually board members are reminded of policies and asked to review and disclose conflicts or other matters relevant to serving the university.”

Form 990, Part VI, Section C, Line 18

“The organization's forms 1023 and 990 are available upon request. Further, the form 990 is available via another's website, www.guidestar.org.”

Form 990, Part VI, Section C, Line 19

“Upon written request, documents, policies and financial statements will be made available for review.”

Filing and Contact Details

Filer

Filer Name
Ohio State Innovation Foundation
EIN
46-0843878
Phone
6142921315
Address
1524 N HIGH STREET, COLUMBUS, OH 43201

Signing Officer

Name
R Scott Osborne
Title
President
Phone
6142921315
Signed
2020-07-06

Organization Details

Principal Officer
R Scott Osborne
Formed
2012
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
John Gerlach & Company Llp
Address
37 W BROAD ST STE 530, COLUMBUS, OH 43215
Preparer
Tj Conger CPA
Phone
6142242164
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book/tax difference on pass-through 6,115.”

FORM 990, PART XII, LINE 2C:

“The process is unchanged from the prior year.”

Raw XML AppendixShowing 400 of 632 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0272698
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0588337
IRS990/AccountsReceivableGrp/BOYAmt0998965
IRS990/AccountsReceivableGrp/EOYAmt02357685
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OHIO STATE INNOVATION FOUNDATION ("OSIF") IS A NOT-FOR-PROFIT OHIO CORPORATION FORMED TO MANAGE INTELLECTUAL PROPERTY DEVELOPED AT OR CREATED BY THE OHIO STATE UNIVERSITY ("OSU") AND TO FACILITATE THE COMMERCIALIZATION OF SUCH INTELLECTUAL PROPERTY ("IP"). OSU IS THE SOLE MEMBER OF OSIF, AND A MAJORITY OF THE DIRECTORS ON THE OSIF BOARD OF DIRECTORS ARE REPRESENTATIVES OF OSU. OSIF HAS NO EMPLOYEES. THE OPERATIONS OF THE OSIF ARE CONDUCTED BY THE OSU'S TECHNOLOGY COMMERCIALIZATION & KNOWLEDGE TRANSFER OFFICE, PURSUANT TO CONTRACT.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHERYL TURNBULL TREASURER
IRS990/BooksInCareOfDetail/PhoneNum06142921315
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01524 N HIGH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLUMBUS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043201
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02392512
IRS990/CashNonInterestBearingGrp/EOYAmt03718682
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt06
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01824843
IRS990/ContractorCompensationGrp/CompensationAmt1487435
IRS990/ContractorCompensationGrp/CompensationAmt2286929
IRS990/ContractorCompensationGrp/CompensationAmt3236427
IRS990/ContractorCompensationGrp/CompensationAmt4230137
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0817 WEST PEACHTREE STREET NW SUITE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt111 N WASHINGTON ST STE 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt252 E GAY ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt33200 WINDY HILL ROAD SE STE 1600E
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4100 EAST WISCONSIN AVE 3300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ROCKVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2COLUMBUS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4MILWAUKEE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4WI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd030308
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd120850
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd243216
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd330339
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd453202
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MEUNIER CARLIN & CURFMAN LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1COMPUTER PACKAGES INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2VORYS SATER SEYMOUR AND PEASE LLP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3THOMAS HORSTMEYER LLP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4MICHAEL BEST & FRIEDRICH LLP
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4LEGAL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03065363
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01194442
IRS990/CYOtherExpensesAmt09890147
IRS990/CYOtherRevenueAmt0-6115
IRS990/CYProgramServiceRevenueAmt07999593
IRS990/CYRevenuesLessExpensesAmt02363136
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt09890147
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012253283
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0MANAGED LICENSES OF TECHNOLOGY DEVELOPED AT THE OHIO STATE UNIVERSITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0659375
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018740
IRS990/FeesForServicesAccountingGrp/TotalAmt018740
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0485510
IRS990/FeesForServicesLegalGrp/TotalAmt0485510
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09706
IRS990/FeesForServicesOtherGrp/TotalAmt09706
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt056005
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt153120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2108701
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt792080
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt848800
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt933145
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1064437
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0R SCOTT OSBORNE
IRS990/Form990PartVIISectionAGrp/PersonNm1MATT MCNAIR
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL PAPADAKIS
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm4JIM TERRANOVA
IRS990/Form990PartVIISectionAGrp/PersonNm5RAY SHEALY
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRIS OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm7BRUCE MCPHERON
IRS990/Form990PartVIISectionAGrp/PersonNm8DJ NAG
IRS990/Form990PartVIISectionAGrp/PersonNm9CHERYL TURNBULL
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID MESS
IRS990/Form990PartVIISectionAGrp/PersonNm11SHRUTI JHA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0180417
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1260014
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2641523
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7617266
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8199311
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9197355
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10158607
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT FROM 8/4/18
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT THRU 8/4/18
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY FROM 9/18
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY THRU 9/18
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt01194442
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01194442
IRS990/GrossReceiptsAmt012253283
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0184217
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0184217
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OHIO STATE INNOVATION FOUNDATION ("OSIF") IS A NOT-FOR-PROFIT OHIO CORPORATION FORMED TO MANAGE INTELLECTUAL PROPERTY DEVELOPED AT OR CREATED BY THE OHIO STATE UNIVERSITY ("OSU") AND TO FACILITATE THE COMMERCIALIZATION OF SUCH INTELLECTUAL PROPERTY ("IP"). OSU IS THE SOLE MEMBER OF OSIF, AND A MAJORITY OF THE DIRECTORS ON THE OSIF BOARD OF DIRECTORS ARE REPRESENTATIVE OF OSU. OSIF HAS NO EMPLOYEES. THE OPERATIONS OF OSIF ARE CONDUCTED BY OSU'S TECHNOLOGY COMMERCIALIZATION & KNOWLEDGE TRANSFER OFFICE, PURSUANT TO CONTRACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03302996
IRS990/NetAssetsOrFundBalancesEOYAmt05672247
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01194442
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01194442
IRS990/NetUnrelatedBusTxblIncmAmt0-6115
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0225
IRS990/OfficeExpensesGrp/TotalAmt0225
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt06115
IRS990/OtherExpensesGrp/Desc0PATENT EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt03648949
IRS990/OtherExpensesGrp/ProgramServicesAmt1163933
IRS990/OtherExpensesGrp/TotalAmt03648949
IRS990/OtherExpensesGrp/TotalAmt1163933
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0PARTNERSHIP PASSTHROUGH INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-6115
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-6115
IRS990/OtherRevenueTotalAmt0-6115
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt05563084
IRS990/PaymentsToAffiliatesGrp/TotalAmt05563084
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0R SCOTT OSBORNE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PATENT ROYALTY REVENUES
IRS990/ProgramServiceRevenueGrp/Desc1REIMBURSEMENTS FROM LICENSEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06451111
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11548482
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06451111
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11548482
IRS990/ProgSrvcAccomActy2Grp/Desc0MANAGED INTELLECTUAL PROPERTY PORTFOLIO OF THE OHIO STATE UNIVERSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09212032
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03300000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04159726
IRS990/PYOtherExpensesAmt010201707
IRS990/PYOtherRevenueAmt0-6317
IRS990/PYProgramServiceRevenueAmt04259052
IRS990/PYRevenuesLessExpensesAmt01510754
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt010201707
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011712461
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02363136
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt03065363
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07999593
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0316025986
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt05563084
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE OHIO STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt05563084
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2110002
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt3101592
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt53000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0176503
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1219624
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2530769
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3512410
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4184074
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5193455
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt6151170
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,260,584
Liabilities
$588,337
Net assets
$5,672,247
Revenue
$12,253,283
Expenses
$9,890,147
Net income
$2,363,136
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.20$0.03$6.17$10.3$13.9$3.53
2023Detailed filing. Detailed filing data is available for this year.$9.81$0.10$9.71$15.3$14.5$0.71
2022Detailed filing. Detailed filing data is available for this year.$19.0$10.0$8.99$23.5$18.7$4.75
2021Detailed filing. Detailed filing data is available for this year.$6.19$1.95$4.24$3.75$6.12$2.37
2020Detailed filing. Detailed filing data is available for this year.$6.26$1.44$4.82$7.30$7.63$0.33
2019Detailed filing. Detailed filing data is available for this year.$6.26$0.59$5.67$12.3$9.89$2.36
2018Detailed filing. Detailed filing data is available for this year.$3.58$0.27$3.30$11.7$10.2$1.51
2017Detailed filing. Detailed filing data is available for this year.$2.32$0.71$1.60$6.74$5.90$0.84
2016Detailed filing. Detailed filing data is available for this year.$1.37$0.62$0.74$5.51$6.41$0.90
2015Detailed filing. Detailed filing data is available for this year.$2.08$5.56$3.48$6.99$8.10$1.11
2014Detailed filing. Detailed filing data is available for this year.$0.75$3.15$2.40$3.57$5.97$2.40