Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
EIN 84-2181021 • 501(c)3 • Lake Oswego, OR
Profile
The stated mission of secondmuse foundation is to foster and develop diverse, participatory innovation communities that incubate solutions to social, economic and environmental issues; including through public education, facilitating the ability of private, commercial actors, entrepreneurs and governments to generate shared visions and take collective action in advancing solutions that address environmental issues and local economies, and incubating and funding programs and solutions that advance social, environmental and/or economic justice. It will also generate, codify, and publish learnings and insights and facilitate broader discourse to catalyze community development on a larger scale.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Down$787,831
Down $3,858,014 (-83%) from 2023
Liabilities
Down$442,687
Down $644,265 (-59%) from 2023
Net Assets
Down$345,144
Down $3,213,749 (-90%) from 2023
Revenue
Down$940,902
Down $3,830,920 (-80%) from 2023
Expenses
Down$4,154,651
Down $2,803,626 (-40%) from 2023
Net Income
Down-$3,213,749
Down $1,027,294 (-47%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The stated mission of secondmuse foundation is to foster and develop diverse, participatory innovation communities that incubate solutions to social, economic and environmental issues; including through public education, facilitating the ability of private, commercial actors, entrepreneurs and governments to generate shared visions and take collective action in advancing solutions that address environmental issues and local economies, and incubating and funding programs and solutions that advance social, environmental and/or economic justice. It will also generate, codify, and publish learnings and insights and facilitate broader discourse to catalyze community development on a larger scale.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $2,238,715 | $465,282 | ▼ $1,773,433 |
| Cash and Non-Interest-Bearing Accounts | $2,406,730 | $322,549 | ▼ $2,084,181 |
| Other Notes and Loans Receivable, Net | $400 | - | - |
| Total Assets | $4,645,845 | $787,831 | ▼ $3,858,014 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $1,086,952 | $442,687 | ▼ $644,265 |
| Total Liabilities | $1,086,952 | $442,687 | ▼ $644,265 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $2,162,101 | - | - |
| Net Assets Without Donor Restrictions | $1,396,792 | $345,144 | ▼ $1,051,648 |
| Total Net Assets Fund Balance | $3,558,893 | $345,144 | ▼ $3,213,749 |
| Total Liabilities and Net Assets / Fund Balance | $4,645,845 | $787,831 | ▼ $3,858,014 |
| Name | Title |
|---|---|
| Nicole Mcdonald | President |
| Anthony Jewett | Director |
| Chad Badiyan | Director |
| Jonathan Romine | Director |
| Sarah Owen | Director |
| Todd Khozein | Director |
| Erica Barbosa | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,372,692 |
| Salaries, Compensation, and Employee Benefits | $781,959 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $1,532,112 | $748,224 | - | $2,280,336 |
| Other Salaries and Wages | $554,795 | $138,699 | - | $693,494 |
| Payroll Taxes | $48,815 | $12,204 | - | $61,019 |
| Travel | $32,519 | $1,464 | - | $33,983 |
| Other Employee Benefits | $21,956 | $5,490 | - | $27,446 |
| Office Expenses | $19,759 | $460 | - | $20,219 |
| Occupancy | $15,068 | $102 | - | $15,170 |
| Conferences and Meetings | $4,176 | $2,609 | - | $6,785 |
| Insurance | - | $5,716 | - | $5,716 |
| Fees for Services Accounting | - | $4,222 | - | $4,222 |
| Information Technology | $465 | $1,104 | - | $1,569 |
| Advertising | $124 | - | - | $124 |
| Other Expenses | $319 | $25 | - | $25 |
| Total Functional Expenses | $3,233,824 | $920,827 | $0 | $4,154,651 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,154,651 |
| Total Expenses per Audited Statements | $4,154,651 |
| Total Expenses per Form 990 | $4,154,651 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Thailand | Program | Environmental | - | - | - |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Secondmuse llc secondmuse llc member member co-owners secondmuse llc secondmuse llc member member co-owners secondmuse llc secondmuse llc member member co-owners secondmuse llc secondmuse llc member member co-owners”
“The form 990 is reviewed by management and selected members of the board of directors prior to acceptance and submission to the irs.”
“Directors, officers and key employees are required to disclose interests that could give rise to conflicts at least annually. The annual disclosure form appended to the end of these board governance policies, shall be completed and submitted by each officer and director at the first secondmuse foundation meeting of the calendar year of the board of directors, and maintained in the permanent corporate records.”
“The board of directors shall oversee the setting of executive compensation and shall (1) determine compensation of all directors, top management officials, officers and key employees,and (2) review, assess and approve the reasonableness of such compensation on a regular basis. In order to be approved as reasonable, compensation must be an amount that would ordinarily be paid for comparable work by similarly situated organizations under like circumstances.”
“The board of directors shall oversee the setting of executive compensation and shall (1) determine compensation of all directors, top management officials, officers and key employees,and (2) review, assess and approve the reasonableness of such compensation on a regular basis. In order to be approved as reasonable, compensation must be an amount that would ordinarily be paid for comparable work by similarly situated organizations under like circumstances.”
“Governing documents are made available to the public upon written request and on the secondmuse foundation website.”
“The stated mission of secondmuse foundation is to foster and develop diverse, participatory innovation communities that incubate solutions to social, economic and environmental issues; including through public education, facilitating the ability of private, commercial actors, entrepreneurs and governments to generate shared visions and take collective action in advancing solutions that address environmental issues and local economies, and incubating and funding programs and solutions that advance social, environmental and/or economic justice. It will also generate, codify, and publish learnings and insights and facilitate broader discourse to catalyze community development on a larger scale.”
“The secondmuse foundations accomplishments both through direct implementation and fiscal sponsorship of programs, have significantly contributed to enhancing the well-being of both people and the planet. In 2024, we completed our flagship program, get (gender equity in tech) cities, to radically increase equity in tech. In addition, the foundation has also continued two fiscally sponsored projects, both of which ended in 2024. The future economy lab asia, focused on innovating how we create financial mechanisms and collaborative strategies across regions, impact sectors, and communities around the world. The secondmuse foundation sponsored a grant from the visa foundation, to design programs that address barriers faced by gender-smart, climate-positive businesses in accessing capital in south and southeast asia. The foundation has been supporting and sponsoring black tech street (bts) since its inception. In 2023, it hosted def con 31 in collaboration with the white house and many other organizations. It was named part of the national cyber workforce and education strategy and the founder and executive director, tyrance billingsley ii, testified at the congressional black caucus and u.s. Senate committee on the ai and the future of work. In addition, bts created a long-term alliance between microsoft and the greenwood community for the digital transformation of black wall street to train 1000 black tech professionals.”
“Contractors 464,000 0 0 consultants 56,836 0 0 vendor services 1,011,276 694,863 0 vendor services 0 53,361 0 total 1,532,112 748,224 0”
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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| IRS990/ActivityOrMissionDesc | 0 | THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. |
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| IRS990/Desc | 0 | THE SECONDMUSE FOUNDATIONS ACCOMPLISHMENTS BOTH THROUGH DIRECT IMPLEMENTATION AND FISCAL SPONSORSHIP OF PROGRAMS, HAVE SIGNIFICANTLY CONTRIBUTED TO ENHANCING THE WELL-BEING OF BOTH PEOPLE AND THE PLANET. IN 2024, WE COMPLETED OUR FLAGSHIP PROGRAM, GET (GENDER EQUITY IN TECH) CITIES, TO RADICALLY INCREASE EQUITY IN TECH. IN ADDITION, THE FOUNDATION HAS ALSO CONTINUED TWO FISCALLY SPONSORED PROJECTS, BOTH OF WHICH ENDED IN 2024. THE FUTURE ECONOMY LAB ASIA, FOCUSED ON INNOVATING HOW WE CREATE FINANCIAL MECHANISMS AND COLLABORATIVE STRATEGIES ACROSS REGIONS, IMPACT SECTORS, AND COMMUNITIES AROUND THE WORLD. THE SECONDMUSE FOUNDATION SPONSORED A GRANT FROM THE VISA FOUNDATION, TO DESIGN PROGRAMS THAT ADDRESS BARRIERS FACED BY GENDER-SMART, CLIMATE-POSITIVE BUSINESSES IN ACCESSING CAPITAL IN SOUTH AND SOUTHEAST ASIA. THE FOUNDATION HAS BEEN SUPPORTING AND SPONSORING BLACK TECH STREET (BTS) SINCE ITS INCEPTION. IN 2023, IT HOSTED DEF CON 31 IN COLLABORATION WITH THE WHITE HOUSE AND MANY OTHER ORGANIZATIONS. IT WAS NAMED PART OF THE NATIONAL CYBER WORKFORCE AND EDUCATION STRATEGY AND THE FOUNDER AND EXECUTIVE DIRECTOR, TYRANCE BILLINGSLEY II, TESTIFIED AT THE CONGRESSIONAL BLACK CAUCUS AND U.S. SENATE COMMITTEE ON THE AI AND THE FUTURE OF WORK. IN ADDITION, BTS CREATED A LONG-TERM ALLIANCE BETWEEN MICROSOFT AND THE GREENWOOD COMMUNITY FOR THE DIGITAL TRANSFORMATION OF BLACK WALL STREET TO TRAIN 1000 BLACK TECH PROFESSIONALS. |
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| IRS990/MissionDesc | 0 | THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. |
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| IRS990/OtherExpensesGrp/Desc | 2 | PASS THROUGH FUNDS |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 61019 |
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| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1395698 |
| IRS990/PYTotalExpensesAmt | 0 | 6958277 |
| IRS990/PYTotalRevenueAmt | 0 | 4771822 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -3213749 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2238715 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 465282 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | 47 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 914335 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4651957 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5711605 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9612360 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2298429 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 23188686 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 26567 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 119865 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15518 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 350 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 162303 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 47 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 47 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 47 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99300 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 23188686 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 914335 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4651957 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5711605 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9612360 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2298429 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 23188686 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 23351036 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4154651 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 940902 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 4154651 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 940902 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 940902 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4154651 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | THAILAND |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 0 | ENVIRONMENTAL |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | PROGRAM |
| IRS990ScheduleF/BoycottCountriesInd | 0 | false |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | false |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | false |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | false |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | false |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | EACH GRANT IS INITIATED WITH A LEGAL AGREEMENT BEFORE THE DISTRIBUTION OF FUNDS. FUNDS ARE DISTRIBUTED INCREMENTALLY SO SOME RECOURSE IS AVAILABLE SHOULD AN ISSUE ARISE. GRANTS ARE MONITORED THROUGH ONGOING MEETINGS OR OTHER ENGAGEMENTS AS APPROPRIATE FOR THE DURATION OF THE GRANT. |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 1 | THAILAND 0 0 |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE F, PAGE 1, PART I, LINE 2 |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE F, PAGE 1, PART I, LINE 3 |
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| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | SECONDMUSE LLC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 1 | SECONDMUSE LLC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | MEMBER |
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| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | 25% OWNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | 25% OWNER |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | TODD KHOZEIN, AND CARRIE FREEMAN EACH OWN A 25% SHARE OF SECONDMUSE LLC. SECONDMUSE LLC PROVIDES SERVICES TO THE SECONDMUSE FOUNDATION. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART V |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE SECONDMUSE FOUNDATIONS ACCOMPLISHMENTS BOTH THROUGH DIRECT IMPLEMENTATION AND FISCAL SPONSORSHIP OF PROGRAMS, HAVE SIGNIFICANTLY CONTRIBUTED TO ENHANCING THE WELL-BEING OF BOTH PEOPLE AND THE PLANET. IN 2024, WE COMPLETED OUR FLAGSHIP PROGRAM, GET (GENDER EQUITY IN TECH) CITIES, TO RADICALLY INCREASE EQUITY IN TECH. IN ADDITION, THE FOUNDATION HAS ALSO CONTINUED TWO FISCALLY SPONSORED PROJECTS, BOTH OF WHICH ENDED IN 2024. THE FUTURE ECONOMY LAB ASIA, FOCUSED ON INNOVATING HOW WE CREATE FINANCIAL MECHANISMS AND COLLABORATIVE STRATEGIES ACROSS REGIONS, IMPACT SECTORS, AND COMMUNITIES AROUND THE WORLD. THE SECONDMUSE FOUNDATION SPONSORED A GRANT FROM THE VISA FOUNDATION, TO DESIGN PROGRAMS THAT ADDRESS BARRIERS FACED BY GENDER-SMART, CLIMATE-POSITIVE BUSINESSES IN ACCESSING CAPITAL IN SOUTH AND SOUTHEAST ASIA. THE FOUNDATION HAS BEEN SUPPORTING AND SPONSORING BLACK TECH STREET (BTS) SINCE ITS INCEPTION. IN 2023, IT HOSTED DEF CON 31 IN COLLABORATION WITH THE WHITE HOUSE AND MANY OTHER ORGANIZATIONS. IT WAS NAMED PART OF THE NATIONAL CYBER WORKFORCE AND EDUCATION STRATEGY AND THE FOUNDER AND EXECUTIVE DIRECTOR, TYRANCE BILLINGSLEY II, TESTIFIED AT THE CONGRESSIONAL BLACK CAUCUS AND U.S. SENATE COMMITTEE ON THE AI AND THE FUTURE OF WORK. IN ADDITION, BTS CREATED A LONG-TERM ALLIANCE BETWEEN MICROSOFT AND THE GREENWOOD COMMUNITY FOR THE DIGITAL TRANSFORMATION OF BLACK WALL STREET TO TRAIN 1000 BLACK TECH PROFESSIONALS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 IS REVIEWED BY MANAGEMENT AND SELECTED MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ACCEPTANCE AND SUBMISSION TO THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT LEAST ANNUALLY. THE ANNUAL DISCLOSURE FORM APPENDED TO THE END OF THESE BOARD GOVERNANCE POLICIES, SHALL BE COMPLETED AND SUBMITTED BY EACH OFFICER AND DIRECTOR AT THE FIRST SECONDMUSE FOUNDATION MEETING OF THE CALENDAR YEAR OF THE BOARD OF DIRECTORS, AND MAINTAINED IN THE PERMANENT CORPORATE RECORDS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE BOARD OF DIRECTORS SHALL OVERSEE THE SETTING OF EXECUTIVE COMPENSATION AND SHALL (1) DETERMINE COMPENSATION OF ALL DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES,AND (2) REVIEW, ASSESS AND APPROVE THE REASONABLENESS OF SUCH COMPENSATION ON A REGULAR BASIS. IN ORDER TO BE APPROVED AS REASONABLE, COMPENSATION MUST BE AN AMOUNT THAT WOULD ORDINARILY BE PAID FOR COMPARABLE WORK BY SIMILARLY SITUATED ORGANIZATIONS UNDER LIKE CIRCUMSTANCES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE BOARD OF DIRECTORS SHALL OVERSEE THE SETTING OF EXECUTIVE COMPENSATION AND SHALL (1) DETERMINE COMPENSATION OF ALL DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES,AND (2) REVIEW, ASSESS AND APPROVE THE REASONABLENESS OF SUCH COMPENSATION ON A REGULAR BASIS. IN ORDER TO BE APPROVED AS REASONABLE, COMPENSATION MUST BE AN AMOUNT THAT WOULD ORDINARILY BE PAID FOR COMPARABLE WORK BY SIMILARLY SITUATED ORGANIZATIONS UNDER LIKE CIRCUMSTANCES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AND ON THE SECONDMUSE FOUNDATION WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | CONTRACTORS 464,000 0 0 CONSULTANTS 56,836 0 0 VENDOR SERVICES 1,011,276 694,863 0 VENDOR SERVICES 0 53,361 0 TOTAL 1,532,112 748,224 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 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART IX, LINE 11G |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | DE |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
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| IRS990/TaxExemptBondsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 787831 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 787831 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 920827 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3233824 |
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| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1086952 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 442687 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 345144 |
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| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 1464 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 32519 |
| IRS990/TravelGrp/TotalAmt | 0 | 33983 |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 401 ASH ST SUITE B |
| IRS990/USAddress/CityNm | 0 | LAKE OSWEGO |
| IRS990/USAddress/StateAbbreviationCd | 0 | OR |
| IRS990/USAddress/ZIPCd | 0 | 97034 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | SECONDMUSEFOUNDATION.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JONATHAN ROMINE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2392816015 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SECONDMUSE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SECO |
| ReturnHeader/Filer/EIN | 0 | 842181021 |
| ReturnHeader/Filer/PhoneNum | 0 | 5148068023 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 401 ASH ST SUITE B |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAKE OSWEGO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 97034 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 205855985 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WATERS & COMPANY LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3311 CANDELARIA RD NE STE D |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALBUQUERQUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 87107 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5052600616 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | OLLIE D WATERS |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T11:32:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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