Civic Intelligence

Metaverse Standards Forum Inc

EIN 92-3123233 • 501(c)6 • Beaverton, OR

NTEE U03

Profile

The objective of the metaverse standards forum is to foster interoperability, cross-industry collaboration, and the development of open standards that will enable the seamless integration of diverse technologies, platforms, and services for the metaverse.

9450 SW Gemini Drive 1682Beaverton, OR 97008

metaverse-standards.org

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$34,318

No earlier filing loaded for comparison.

Liabilities

$69

No earlier filing loaded for comparison.

Net Assets

$34,249

No earlier filing loaded for comparison.

Operations

Revenue

$220,420

No earlier filing loaded for comparison.

Expenses

$186,171

No earlier filing loaded for comparison.

Net Income

$34,249

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2023: $34,318Liabilities 2023: $69Net Assets 2023: $34,2492023

Highlighted filing

2023

Assets$34,318
Liabilities$69
Net Assets$34,249
Open 2023 Filing

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2023: $220,420Expenses 2023: $186,171Net Income 2023: $34,2492023

Highlighted filing

2023

Revenue$220,420
Expenses$186,171
Net Income$34,249
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,318
Liabilities
$69
Net assets
$34,249
Revenue
$220,420
Expenses
$186,171
Net income
$34,249
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$2.20$1.86$0.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 31, 2024
Return Version
2023v5.1
Gross Receipts
$220,420
Mission and Program Overview

Mission

The objective of the metaverse standards forum is to foster interoperability, cross-industry collaboration, and the development of open standards that will enable the seamless integration of diverse technologies, platforms, and services for the metaverse.

The mission of the metaverse standards forum is to encourage and enable the timely development of open interoperability standards essential to an open and inclusive metaverse. Https://metaverse-standards.org/faq/

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$34,249▲ $34,249
Cash and Non-Interest-Bearing Accounts-$24,319-
Accounts Receivable-$9,999-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$34,318▲ $34,318
Liabilities
Accounts Payable and Accrued Expenses-$69-
Total Liabilities$0$69▲ $69
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$34,249▲ $34,249
Total Liabilities and Net Assets / Fund Balance$0$34,318▲ $34,318
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emily StearnsExecutive DirectorPT$54,360$54,360

Board Members and Trustees

NameTitle
Neil TrevettPresident and Chairperson
Matt WhiteInitial and Interim Director
Paul HiggsInitial and Interim Director
Thomas StockhammerInitial and Interim Director
Ulrich DropmannInitial and Interim Director
Eric KleinInitial Director
Bill BenmanInterim Director
Elizabeth RothmanInterim Director
Patrick CozziInterim Director
Virginie MaillardInterim Director
Christine PereyInterim Dir./secretary
Yu YuanInterim Dir./treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$25,000
Program Service Revenue
$195,420
Investment Income
$0
Other Revenue
$0
All Other Contributions
$25,000
Change in Net Assets
$34,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,811
Salaries, Compensation, and Employee Benefits$54,360
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$54,360
Information Technology---$43,839
Fees for Services Other---$39,664
Other Expenses---$37,390
Office Expenses---$7,864
Fees for Services Legal---$3,054
Total Functional Expenses$0$0$0$186,171
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Yes, the forum is made up of members. There are two member classifications, participants and principals. Details on their membership rights are available here: https://metaverse-standards.org/members/”

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

“The principal membership level is able to run for the board of directors and votes on the nominees.”

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

“We will provide a review period by the officers. The 990 form will also be available to members who request to see it.”

Form 990, Part VI, Section C, Line 19

“NOT PUBLICLY AVAILABLE”

Filing and Contact Details

Filer

Filer Name
Metaverse Standards Forum Inc
EIN
92-3123233
Phone
5037035745
Address
9450 SW GEMINI DRIVE 1682, BEAVERTON, OR 97008

Signing Officer

Name
Emily Stearns
Title
Executive Director
Phone
5037035745
Signed
2024-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Stearns
Formed
2023
Legal Domicile
De
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
100

Preparer

Firm
Mcdonald Jacobs Pc
Address
121 SW SALMON ST STE 1100, PORTLAND, OR 97204
Preparer
Sang Ahn
Phone
5032270581
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“CONSULTANTS 39,664.”

Raw XML Appendix336 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT AND CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2INTERIM DIR./SECRETARY
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0ETHICAL AND SECURE METAVERSE DEVELOPMENT: GUIDELINES AND FRAMEWORKS THAT ADDRESS PRIVACY, CYBERSECURITY, AND ETHICAL CONSIDERATIONS WITHIN THE MMETAVERSE, ENSURING A SAFE AND INCLUSIVE ENVIRONMENT FOR ALL PARTICIPANTS.THIS INCLUDES FOSTERING ETHICAL PRINCIPLES,
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRINCIPAL MEMBERSHIP LEVEL IS ABLE TO RUN FOR THE BOARD OF DIRECTORS AND VOTES ON THE NOMINEES.
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09450 SW GEMINI DRIVE 1682
IRS990/USAddress/CityNm0BEAVERTON
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097008
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0HTTPS://METAVERSE-STANDARDS.ORG/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY STEARNS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05037035745
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0METAVERSE STANDARDS FORUM INC
ReturnHeader/Filer/BusinessNameControlTxt0META
ReturnHeader/Filer/EIN0923123233
ReturnHeader/Filer/PhoneNum05037035745
ReturnHeader/Filer/USAddress/AddressLine1Txt09450 SW GEMINI DRIVE 1682
ReturnHeader/Filer/USAddress/CityNm0BEAVERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097008
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0930900579
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCDONALD JACOBS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0121 SW SALMON ST STE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097204
ReturnHeader/PreparerPersonGrp/PhoneNum05032270581
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANG AHN
ReturnHeader/ReturnTs02024-10-31T18:07:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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