Civic Intelligence

The Long Now Foundation

990 • Fiscal year 2014 • EIN 68-0384748

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 11, 2015

2 Marina Blvd Bldg ASan Francisco, CA 94123

(415) 561-6582

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

68th percentile

$162,500

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

67th percentile

8.4%

Faster asset growth than 67% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

15th percentile

-14%

Faster revenue growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$9,032,152

Up $697,597 (+8.4%) from 2013

Net Assets

Up

$8,959,056

Up $746,873 (+9.1%) from 2013

Liabilities

Down

$73,096

Down $49,276 (-40%) from 2013

Revenue

Down

$2,272,730

Down $360,153 (-14%) from 2013

Expenses

Up

$2,021,941

Up $308,520 (+18%) from 2013

Net Income

Down

$250,789

Down $668,673 (-73%) from 2013

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $5,792,345Liabilities 2010: $40,615Net Assets 2010: $5,751,7302010Assets 2011: $5,369,804Liabilities 2011: $8,267Net Assets 2011: $5,361,5372011Assets 2012: $7,299,527Liabilities 2012: $6,806Net Assets 2012: $7,292,7212012Assets 2013: $8,334,555Liabilities 2013: $122,372Net Assets 2013: $8,212,1832013Assets 2014: $9,032,152Liabilities 2014: $73,096Net Assets 2014: $8,959,0562014Assets 2015: $8,397,396Liabilities 2015: $68,553Net Assets 2015: $8,328,8432015Assets 2016: $8,313,309Liabilities 2016: $70,855Net Assets 2016: $8,242,4542016Assets 2017: $8,423,131Liabilities 2017: $189,015Net Assets 2017: $8,234,1162017Assets 2018: $5,735,606Liabilities 2018: $349,657Net Assets 2018: $5,385,9492018Assets 2019: $5,781,401Liabilities 2019: $29,094Net Assets 2019: $5,752,3072019Assets 2020: $6,761,906Liabilities 2020: $92,611Net Assets 2020: $6,669,2952020Assets 2021: $8,496,773Liabilities 2021: $99,490Net Assets 2021: $8,397,2832021Assets 2022: $10,781,765Liabilities 2022: $280,878Net Assets 2022: $10,500,8872022Assets 2023: $20,576,248Liabilities 2023: $9,118,956Net Assets 2023: $11,457,2922023Assets 2024: $20,463,072Liabilities 2024: $8,547,126Net Assets 2024: $11,915,9462024

Highlighted filing

2014

Assets$9,032,152
Liabilities$73,096
Net Assets$8,959,056

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2010: $1,420,195Expenses 2010: $1,502,532Net Income 2010: -$82,3372010Revenue 2011: $1,460,084Expenses 2011: $1,737,417Net Income 2011: -$277,3332011Revenue 2012: $3,404,240Expenses 2012: $1,473,056Net Income 2012: $1,931,1842012Revenue 2013: $2,632,883Expenses 2013: $1,713,421Net Income 2013: $919,4622013Revenue 2014: $2,272,730Expenses 2014: $2,021,941Net Income 2014: $250,7892014Revenue 2015: $2,351,647Expenses 2015: $2,472,576Net Income 2015: -$120,9292015Revenue 2016: $2,532,780Expenses 2016: $3,028,507Net Income 2016: -$495,7272016Revenue 2017: $2,830,814Expenses 2017: $3,436,735Net Income 2017: -$605,9212017Revenue 2018: $5,491,738Expenses 2018: $6,596,356Net Income 2018: -$1,104,6182018Revenue 2019: $3,292,905Expenses 2019: $3,267,879Net Income 2019: $25,0262019Revenue 2020: $2,950,640Expenses 2020: $2,583,712Net Income 2020: $366,9282020Revenue 2021: $4,135,043Expenses 2021: $2,968,325Net Income 2021: $1,166,7182021Revenue 2022: $7,236,417Expenses 2022: $3,883,760Net Income 2022: $3,352,6572022Revenue 2023: $4,764,455Expenses 2023: $4,853,175Net Income 2023: -$88,7202023Revenue 2024: $4,223,399Expenses 2024: $4,177,609Net Income 2024: $45,7902024

Highlighted filing

2014

Revenue$2,272,730
Expenses$2,021,941
Net Income$250,789
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 11, 2015
Return Version
2014v5.0
Gross Receipts
$3,088,051
Mission and Program Overview

Mission

The mission of The Long Now Foundation is to promote long-term thinking and to explore new ways to inspire others to think long-term. A broader understanding of the present moment can reframe enormous challenges as tractable and imply deep responsibility to future generations. Long Now advances this mission through a variety of projects and programs ranging from the monument-scale 10,000 Year Clock to the micro-scale Rosetta Project archive of human languages. All projects aim to shift culture toward a longer temporal perspective. All programs aim to connect long-term thinkers from around the world.

The Long Now Foundation endeavors to foster long term thinking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,565,143$6,837,122▲ $271,979
Land, Buildings, and Equipment, Net$573,878$1,481,410▲ $907,532
Savings and Temporary Cash Investments$110,938$543,263▲ $432,325
Cash and Non-Interest-Bearing Accounts$970,092$87,213▼ $882,879
Accounts Receivable$114,504$47,253▼ $67,251
Inventories for Sale or Use-$35,391-
Prepaid Expenses and Deferred Charges-$500-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$8,334,555$9,032,152▲ $697,597
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$122,372$73,096▼ $49,276
Total Liabilities$122,372$73,096▼ $49,276
Net Assets / Fund Balance
Temporarily Rstr Net Assets$6,123,103$6,326,824▲ $203,721
Unrestricted Net Assets$2,089,080$2,632,232▲ $543,152
Total Net Assets Fund Balance$8,212,183$8,959,056▲ $746,873
Total Liabilities and Net Assets / Fund Balance$8,334,555$9,032,152▲ $697,597

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$727,500$19,114$746,614
Land$388,976-$388,976
Equipment$208,747$25,883$234,630
Other Land Buildings$156,187$4,506$160,693
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alexander RoseExecutive DirectorFT$142,500$20,000$162,500

Board Members and Trustees

NameTitle
Danny HillisCo-chair
Stewart BrandPresident/co-ch
Brian EnoDirector
David EaglemanDirector
Douglas CarlsonDirector
Esther DysonDirector
Kim PoleseDirector
Michael KellerDirector
Paul SaffoDirector
Peter SchwartzDirector
Ping FuDirector
Kevin KellySecretary
David RumseyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,281,405
Program Service Revenue
$364,182
Investment Income
$346,325
Other Revenue
$280,818
All Other Contributions
$983,647
Change in Net Assets
$250,789

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$76,725Fair Market Value (FMV) @ donation
Total Noncash Contributions3$76,725-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,272,730
Revenue Not Reported on Form 990
$496,084
Total Revenue per Audited Statements
$2,768,814
Total Revenue per Form 990
$2,272,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,076,738
Salaries, Compensation, and Employee Benefits$937,902
Total Fundraising Expense$61,853
Grants and Similar Amounts Paid$7,301
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$234,608$380,248$26,913$641,769
Fees for Services Other$283,131$30,435$3,435$317,001
Occupancy$111,398$77,287$2,958$191,643
Current Officers, Directors, Trustees, and Key Employees$128,250$29,375$4,875$162,500
Travel$68,057$11,399$2,569$82,025
Other Employee Benefits$16,235$49,896$4,160$70,291
Payroll Taxes$37,382$23,283$2,677$63,342
Fees for Services Legal$51,830$1-$51,831
Depreciation Depletion$40,844$7,067-$47,911
Fees for Services Accounting-$29,510-$29,510
Other Expenses$25,848$2,781-$28,629
All Other Expenses$20,254$1,644-$21,898
Advertising$4,238$2,855$14,266$21,359
Grants to Domestic Orgs$7,301--$7,301
Interest-$376-$376
Total Functional Expenses$1,282,890$677,198$61,853$2,021,941

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,021,941
Total Expenses per Audited Statements$2,021,941
Total Expenses per Form 990$2,021,941
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Nv RenoReno, NV-Stipend per internship agreement$7,183
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Executive Director and Board review the 990 before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All Trustees, Directors, Officers, and Key Employees are required to sign a Conflict of Interest policy. It is the policy of the Board that the existence of any interests that give rise to conflict be disclosed on a timely basis and always before any transaction is consummated. It shall be the continuing responsibility of the Board, officers, and management employees to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately make such disclosures. Board member disclosures should be made to a Board officer and staff disclosures should be made to the chief executive. The Board shall determine whether a conflict exists and is material, and in the presence of an existing material conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to Long Now. The decision of the BOard on these matters will rest in their sole discretion, and their concern must be the welfare of Long Now and the advancement of its purpose.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Director compensation is based on Board review and comparison data with other Northern California nonprofit organizations.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Board members do not receive financial compensation. Compensation for key employees is recommended by the Executive Director and reviewed by the Board of Directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Long Now Foundation's 990s are available through Guidestar (www.guidestar.org). All other governing documents are available by request as per applicable laws.

Filing and Contact Details

Filer

Filer Name
The Long Now Foundation
EIN
68-0384748
Phone
4155616582
Address
2 MARINA BLVD BLDG A, SAN FRANCISCO, CA 94123

Signing Officer

Name
Alexander Rose
Title
Executive Director
Signed
2015-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexander Rose
Formed
1996
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
23

Preparer

Firm
Metz & Associates PLLC
Address
9201 N 25th Avenue Suite 170, Phoenix, AZ 85021
Preparer
Travis Jack CPA
Phone
6029446353
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

The Interval Salon - a space in Fort Mason Center open to the public seven days a week that includes project installations and exhibits, a library, beverages, and an educational events program. It is a compelling venue for conversation that invites visitors to spend time in a place that itself encourages long-term thinking. Opened for business during 2014.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: The Long Now Foundation engages in various projects and programs whose aim is to creatively foster responsibility in the framework of the next 10,000 years. Besides the 10,000 Year Clock and Seminars about Long-term Thinking, these projects include Long Bets, The Rosetta Project, Panlex, and Revive and Restore. OTHER PROGRAM SERVICES 5: Revive and Restore - Revive & Restores mission is to enhance biodiversity through genetic rescue of endangered and extinct species. Beside its focus on bringing back the passenger pigeon, Revive & Restore is exploring projects to support genomic work in allele replacement for species experiencing a loss of diversity. Revive & Restore also serves as a clearinghouse for de-extinction and rewilding projects worldwide. OTHER PROGRAM SERVICES 6: The Interval Salon - a space in Fort Mason Center open to the public seven days a week that includes project installations and exhibits, a library, beverages, and an educational events program. It is a compelling venue for conversation that invites visitors to spend time in a place that itself encourages long-term thinking.

Financial Statement Notes

Part X : FIN48 Footnote

The Foundation implemented ASC 740-10, the generally accepted accounting guidance for uncertainty in income taxes. As of December 31, 2014, the Foundation had made no changes in the purpose, character or method of operations, and therefore there were no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Foundations Forms 990, Return of Organization Exempt from Income Tax, for the years ended 2013, 2012 and 2011 are subject to examination by the Internal Revenue Service, generally for three years after they were filed.

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IRS990/MissionDesc0The Long Now Foundation was established to develop the Clock and Library projects, as well as to become the seed of a very long term cultural institution. The Long Now Foundation works to promote long-term thinking and creatively foster responsibility in the framework of the next 10,000 years.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Texas Clock - The 10,000 Year Clock Project was conceived by Danny Hillis as a monument to long-term thinking. The design development on the clock began in 01997 and the clock is now under construction in West Texas.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Revive and Restore - Revive & Restores mission is to enhance biodiversity through genetic rescue of endangered and extinct species. Beside its focus on bringing back the passenger pigeon, Revive & Restore is exploring projects to support genomic work in allele replacement for species experiencing a loss of diversity. Revive & Restore also serves as a clearinghouse for de-extinction and rewilding projects worldwide.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$8.55$11.9$4.22$4.18$0.05
2023Detailed filing. Detailed filing data is available for this year.$20.6$9.12$11.5$4.76$4.85$0.09
2022Detailed filing. Detailed filing data is available for this year.$10.8$0.28$10.5$7.24$3.88$3.35
2021Detailed filing. Detailed filing data is available for this year.$8.50$0.10$8.40$4.14$2.97$1.17
2020Detailed filing. Detailed filing data is available for this year.$6.76$0.09$6.67$2.95$2.58$0.37
2019Detailed filing. Detailed filing data is available for this year.$5.78$0.03$5.75$3.29$3.27$0.03
2018Detailed filing. Detailed filing data is available for this year.$5.74$0.35$5.39$5.49$6.60$1.10
2017Detailed filing. Detailed filing data is available for this year.$8.42$0.19$8.23$2.83$3.44$0.61
2016Detailed filing. Detailed filing data is available for this year.$8.31$0.07$8.24$2.53$3.03$0.50
2015Detailed filing. Detailed filing data is available for this year.$8.40$0.07$8.33$2.35$2.47$0.12
2014Detailed filing. Detailed filing data is available for this year.$9.03$0.07$8.96$2.27$2.02$0.25
2013Detailed filing. Detailed filing data is available for this year.$8.33$0.12$8.21$2.63$1.71$0.92
2012Summary only. Only limited summary data is available for this year.$7.30$0.01$7.29$3.40$1.47$1.93
2011Summary only. Only limited summary data is available for this year.$5.37$0.01$5.36$1.46$1.74$0.28
2010Summary only. Only limited summary data is available for this year.$5.79$0.04$5.75$1.42$1.50$0.08