2023-08-02T16:52:48-05:00 2022-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2022-01-01 843847333 MATERIAL INNOVATION INSTITUTE MATE 9292428512 952 SCHOOL ST 175 NAPA CA 94559 NICOLE RAWLING CHIEF EXECUTIVE OFFICER 9292428512 2023-08-02 1 NICOLE RAWLING 999009999 0 YIGIT UCTUM CPA P01269549 2125511724 2023-07-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MATERIAL INNOVATION INITIATIVE NICOLE RAWLING 952 SCHOOL ST 175 NAPA CA 94559 1886970 0 X MATERIALINNOVATION.ORG X 2019 DE THE MATERIAL INNOVATION INITIATIVE ACCELERATES THE DEVELOPMENT OF NEXT-GEN MATERIALS FOR THE FASHION, AUTOMOTIVE, AND HOME GOODS INDUSTRIES. WE WORK TO HELP FAST-TRACK THE DEVELOPMENT OF NEXT-GEN AND ANIMAL-FREE MATERIALS WITH PLANT-BASED AND LAB-GROWN INNOVATIONS AND TO SHARING THE ENVIRONMENTAL FOOTPRINT OF EXISTING FIBERS, SUCH AS SYNTHETICS AND CELLULOSE. WE RESEARCH ACROSS INDUSTRIES TO IDENTIFY UNTAPPED SOURCES, ESPECIALLY IN BIOLOGICAL MATERIALS. WE PUBLISH INDUSTRY WHITE PAPERS, TECHNOLOGY OVERVIEWS, AND READINESS ASSESSMENTS TO IDENTIFY KEY AREAS FOR ADDITIONAL RESEARCH. WE COLLABORATE WITH MATERIAL MANUFACTURERS AND BIOTECH COMPANIES TO PROVIDE INFORMATION ON IMPACT THROUGH INNOVATION. 8 8 8 11 0 0 924136 1575005 54535 311965 0 0 0 0 978671 1886970 0 0 0 0 221444 781213 114659 52500 260273 352861 526399 688964 1360112 289707 526858 825464 1302142 80571 58319 744893 1243823 TO ACCELERATE THE AVAILABILITY OF HIGH-QUALITY, HIGH-PERFORMANCE, ANIMAL-FREE, AND ENVIRONMENTALLY PREFERRED MATERIALS. 0 0 832758 311965 MATERIAL INNOVATION INITIATIVE WORKS TO IDENTIFY AND ASSIST COMPANIES AND TECHNOLOGIES IN THE DEVELOPMENT OF ANIMAL-FREE AND ENVIRONMENTALLY PREFERRED NEXT-GEN MATERIALS IN THE FASHION, HOME GOODS, AND AUTOMOTIVE INDUSTRIES. MATERIAL INNOVATION INITIATIVE ALSO WORKS TO IDENTIFY POTENTIAL RELATIONSHIPS BETWEEN INVESTORS AND COMPANIES AND TECHNOLOGY IN ORDER TO OBTAIN THE FUNDING NECESSARY TO MAKE NEXT-GEN MATERIALS MORE ACCESSIBLE. MATERIAL INNOVATION INITIATIVE ENGAGES WITH BRANDS TO ASSIST IN INCREASING THEIR ALTERNATIVE MATERIAL CACHE AND ADDRESSES HOW THE MATERIALS CAN BE USED. 832758 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA KS GA FL NY RI AL AK AR CO CT KY LA ME MD MA MI MN MS NM NC ND OH OK OR PA SC TN TX WA WV WI X X CORTNEY BUSCH 9292428512 3932 DUMAINE ST NEW ORLEANS LA 70119 STEPHANIE DOWNS PRESIDENT (THRU MARCH) 5.00 X X 0 0 0 LINNE CAUDELL SECRETARY/TREASURER 3.00 X X 0 0 0 ALICIA CAHILL TREASURER (THRU JANUARY) 2.00 X X 0 0 0 KIRSTY STEVENSON DIRECTOR 2.00 X 0 0 0 JACQUELINE KRAVETTE PRESIDENT (FROM APRIL) 2.00 X X 0 0 0 ANGELA PADILLA DIRECTOR (THRU JUNE) 2.00 X 0 0 0 AMY ROSENFELD DIRECTOR 2.00 X 0 0 0 NAOMI SACHS DIRECTOR 2.00 X 0 0 0 JOHN BARTLETT DIRECTOR 2.00 X 0 0 0 ELIZABETH NOVOGRATZ DIRECTOR 2.00 X 0 0 0 SIDDHARTH HARIHARAN DIRECTOR 2.00 X 0 0 0 NICOLE RAWLING CHIEF EXECUTIVE OFFICER 50.00 X 126000 0 0 CORTNEY BUSCH CHIEF OPERATIONS OFFICER 40.00 X 60667 0 3850 AMELIA SYDNEY GLADMAN CHIEF SCIENTIFIC OFFICER 40.00 X 100500 0 0 287167 0 3850 2 0 0 0 0 1575005 1575005 ANNUAL CONFERENCE 561920 296697 296697 PROGRAM SERVICE REVENUE 541700 15268 15268 311965 1886970 311965 0 0 X 190517 85733 47629 57155 503658 372206 71149 60303 43292 31993 6116 5183 43746 32329 6179 5238 22550 22550 52500 52500 335415 202826 74064 58525 8395 4841 2369 1185 18602 9433 6859 2310 36378 20979 10262 5137 28548 19085 4790 4673 21922 16279 3011 2632 1746 1138 441 167 52843 35916 11662 5265 1360112 832758 267081 260273 428315 371220 386791 807164 0 3750 10358 40222 0 79786 825464 1302142 65304 58319 15267 0 80571 58319 X 273315 493571 471578 750252 744893 1243823 825464 1302142 X 526858 -27928 X 0 1 X 1 0 X 590282 924136 1575005 3089423 590282 924136 1575005 3089423 1823975 1265448 3089423 428096 X SCHEDULE A, PART II THE 2019 COLUMN IN SCHEDULE A IS FOR THE SHORT INITIAL YEAR OF DECEMBER 3, 2019 TO DECEMBER 31, 2019. THERE WAS NO ACTIVITY FOR THE INITIAL YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FOREIGN EMPLOYEE DEPOSITS 79786 79786 1886970 0 1886970 0 1886970 1360112 0 1360112 0 1360112 EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES INNOVATION AND OTHER PROGRAM CONSULTING 56790 NORTH AMERICA 0 1 PROGRAM SERVICES SCITECH PROGRAM CONSULTING 18950 SOUTH AMERICA 0 1 PROGRAM SERVICES SCITECH PROGRAM CONSULTING 8647 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 FUNDRAISING ACTIVITIES 52500 0 6 0 0 0 6 136887 0 136887 0 0 0 0 0 0 PART III ACCOUNTING METHOD: PART I, LINE 3: MATERIAL INNOVATION INSTITUTE ACCOUNTS FOR EXPENDITURES IN THE LISTED REGIONS USING THE ACCRUAL METHOD OF ACCOUNTING. X X X X 1 VICTORIA RAMM BECO DA BOAVISTA 10 5 ESQ LISBOA PO DEVELOPMENT STRATEGY, DONOR CONNECTIONS, IDENTIFYING GRANTS. 0 77625 52500 25125 77625 52500 25125 CA KS GA FL NY RI AL AK AR CO CT KY LA ME MD MA MI MN MS NM NC ND OH OK OR PA SC TN TX WA WV WI FORM 990, PART VI, SECTION B, LINE 11B THE 990 FORM WILL BE REVIEWED BY THE CEO AND COO FOR ACCURACY AND COMPLETENESS. ONCE AGREED BY THOSE TWO, THE DRAFT 990 FORM WILL BE CIRCULATED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE CONFIRMING THE DRAFT AND FINALIZING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, THE BOARD OF DIRECTORS SIGNS A CONFLICT OF INTEREST CERTIFICATION AFTER READING THE CONFLICT OF INTEREST POLICY AGAIN. ON THAT CERTIFICATION FORM, THEY DECLARE ANY CONFLICTS WHICH ARE THEN SHARED WITH THE OTHER DIRECTORS TO DETERMINE IF IT IS AN ACTUAL CONFLICT. ANY POTENTIAL CONFLICT IS VOTED ON BY THE BOARD OF DIRECTORS AS TO NEXT STEPS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM VOTING ON ANY DECISIONS THAT ARE AFFECTED BY THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS MEET AND APPROVE THE SALARY OF THE CEO AND OFFICERS. COMPENSATION IS REVIEWED BASED ON COMPARISON TO PUBLIC INFORMATION ABOUT COMPENSATION IN POSITIONS AT SIMILAR ORGANIZATIONS, AND THE ORGANIZATION'S COMPENSATION PHILOSOPHY. THIS PROCESS LAST TOOK PLACE IN FEBRUARY 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS 990 AVAILABLE TO THE PUBLIC ON ITS WEBSITE, AND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ANNUAL CONFERENCE: PROGRAM SERVICE EXPENSES 9,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,650. OPERATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,921. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,921. BRAND ENGAGEMENT: PROGRAM SERVICE EXPENSES 24,047. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,047. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 51,340. MANAGEMENT AND GENERAL EXPENSES 15,167. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,507. INNOVATION: PROGRAM SERVICE EXPENSES 89,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,100. SCITECH: PROGRAM SERVICE EXPENSES 28,689. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,689. OTHER ADMINISTRATIVE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 39,976. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,976. OTHER FUNDRAISING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 58,525. TOTAL EXPENSES 58,525. FORM 990, PART XI, LINE 9: LOSS ON FOREIGN CURRENCY TRANSLATION -27,928.