Form 990, Part VI, Section B, Line 11B
“The 990 will first be reviewed by the COO with the preparer and then the COO will present it to the board finance committee for review.”
990 • Fiscal year 2023 • EIN 81-0861414
Scores are not available for this record yet.
Assets
Down$2,756,640
Down $4,021,780 (-59%) from 2022
Net Assets
Down-$12,233,255
Down $4,274,239 (-54%) from 2022
Liabilities
Up$14,989,895
Up $252,459 (+1.7%) from 2022
Revenue
Up$494,168
Up $300,251 (+155%) from 2022
Expenses
Up$4,768,407
Up $1,191,684 (+33%) from 2022
Net Income
Down-$4,274,239
Down $891,433 (-26%) from 2022
Open Research Lab seeks to answer open-ended questions and develop technology that should not be owned by any one company and requires work on a very long time horizon. With investment in fundamental research declining, Open Research Lab seeks to fill fundamental research gaps.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Loans From Officers Directors | $14,681,242 | $14,828,054 | ▲ $146,812 |
| Savings and Temporary Cash Investments | $6,402,877 | $2,388,326 | ▼ $4,014,551 |
| Cash and Non-Interest-Bearing Accounts | $292,948 | $330,325 | ▲ $37,377 |
| Land, Buildings, and Equipment, Net | $36,523 | $23,170 | ▼ $13,353 |
| Prepaid Expenses and Deferred Charges | $27,609 | $14,819 | ▼ $12,790 |
| Accounts Receivable | - | $0 | - |
| 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 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $6,778,420 | $2,756,640 | ▼ $4,021,780 |
| Other Assets Total | $18,463 | $0 | ▼ $18,463 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $56,194 | $161,841 | ▲ $105,647 |
| Total Liabilities | $14,737,436 | $14,989,895 | ▲ $252,459 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-7,959,016 | $-12,233,255 | ▼ $4,274,239 |
| Total Net Assets Fund Balance | $-7,959,016 | $-12,233,255 | ▼ $4,274,239 |
| Total Liabilities and Net Assets / Fund Balance | $6,778,420 | $2,756,640 | ▼ $4,021,780 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $4,406 | $71,362 | $75,768 |
| Other Land Buildings | $18,764 | $50,651 | $69,415 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Elizabeth Rhodes | Research Director | FT | $185,000 | $23,834 | $208,834 |
| Patrick Krause | Data Director | FT | $165,000 | $32,861 | $197,861 |
| Sam Manning | Research Manager | FT | $154,500 | $13,091 | $167,591 |
| Tess Cotter | Operations Director | FT | $118,333 | $13,801 | $132,134 |
| Aristia Glinka Kinis | Strategy Director | - | $119,000 | $4,400 | $123,400 |
| Name | Title |
|---|---|
| Chris Clark | COO/Director |
| Patrick Scaglia | Director |
| Sam Altman | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,505,124 |
| Salaries, Compensation, and Employee Benefits | $1,263,283 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $797,369 | $265,790 | - | $1,063,159 |
| Interest | $110,109 | $36,703 | - | $146,812 |
| Information Technology | $81,419 | $27,140 | - | $108,559 |
| Payroll Taxes | $61,446 | $20,482 | - | $81,928 |
| Other Employee Benefits | $57,518 | $19,173 | - | $76,691 |
| Insurance | $48,857 | $16,285 | - | $65,142 |
| Fees for Services Accounting | $33,950 | $11,316 | - | $45,266 |
| Pension Plan Contributions | $31,129 | $10,376 | - | $41,505 |
| Fees for Services Other | $34,741 | - | - | $34,741 |
| Travel | $23,555 | $7,852 | - | $31,407 |
| Depreciation Depletion | $10,015 | $3,338 | - | $13,353 |
| All Other Expenses | $4,863 | $1,620 | - | $6,483 |
| Other Expenses | $4,352 | $1,451 | - | $5,803 |
| Occupancy | $2,692 | $897 | - | $3,589 |
| Office Expenses | $896 | $299 | - | $1,195 |
| Advertising | $456 | $152 | - | $608 |
| Total Functional Expenses | $4,343,959 | $424,448 | $0 | $4,768,407 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,768,407 |
| Total Expenses per Audited Statements | $4,768,407 |
| Total Expenses per Form 990 | $4,768,407 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $14,681,242 | $14,828,054 | ▲ $146,812 |
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The 990 will first be reviewed by the COO with the preparer and then the COO will present it to the board finance committee for review.”
“The Treasurer and COO remind board members and officers annually of the policy and answer any questions the board or officers may have.”
“Determined by the board using comparability data.”
“Determined by the board using comparability data.”
“No other documents available to the public, except as may be required by applicable law.”
“The Organization has been granted tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code, and contributions to it are tax deductible. Accordingly,no provision for income taxes is included in the financial statements. The Organization has been classified as a publiclysupported organization, which is not a private foundation.”
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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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | Open Research Lab seeks to answer open-ended questions and develop technology that should not be owned by any one company and requires work on a very long time horizon. With investment in fundamental research declining, Open Research Lab seeks to fill fundamental research gaps. |
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| IRS990/Desc | 0 | In 2023, the Organization completed the third and final year of its randomized controlled trial of unconditional cash assistance as part of its Unconditional Cash Study. The research team conducted surveys for all participants and in-depth qualitative interviews for a subset of participants. The Organization also applied for and received several grants to fund its components of this project. The Organization advised several other groups conducting cash assistance programs on program and evaluation design and implementation. An additional research service was provided by the Organization focused on investigating the economic impacts of AI. |
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| IRS990/MissionDesc | 0 | Open Research Lab seeks to answer open-ended questions and develop technology that should not be owned by any one company and requires work on a very long time horizon. With investment in fundamental research declining, Open Research Lab seeks to fill fundamental research gaps. |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 81928 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 10376 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 31129 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 41505 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 27609 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 14819 |
| IRS990/PrincipalOfficerNm | 0 | Chris Clark |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Program Revenue |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 152290 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 152290 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 161118 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 6959 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 2487110 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 25840 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -3382806 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1089613 |
| IRS990/PYTotalExpensesAmt | 0 | 3576723 |
| IRS990/PYTotalRevenueAmt | 0 | 193917 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -4274239 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 152290 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 6402877 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2388326 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 178797 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 161118 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10135056 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4136044 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1726811 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 16337826 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 163081 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6959 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3204 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 283 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 173527 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 203130 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.33980 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.36180 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 5610485 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 10727341 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 178797 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 161118 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10135056 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4136044 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1726811 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 16337826 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 16511353 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 4406 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 71362 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 75768 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4768407 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 18764 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 50651 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 69415 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 494168 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization has been granted tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code, and contributions to it are tax deductible. Accordingly,no provision for income taxes is included in the financial statements. The Organization has been classified as a publiclysupported organization, which is not a private foundation. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 23170 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 4768407 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 494168 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 494168 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4768407 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/CompensationCommitteeInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/Form990OfOtherOrganizationsInd | 0 | X |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 185000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 165000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 154500 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 5000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 5000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 18834 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 27861 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 2 | 13091 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Elizabeth Rhodes |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | Patrick Krause |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 2 | Sam Manning |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | Research Director |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | Data Director |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 2 | Research Manager |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 208834 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 197861 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 2 | 167591 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990ScheduleJ/WrittenEmploymentContractInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 14848054 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | Operations |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 14071725 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Board Member |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | Board Member/Officer |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 14848054 |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The 990 will first be reviewed by the COO with the preparer and then the COO will present it to the board finance committee for review. |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.