2024-09-11T16:07:04-05:00 2023-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2023-01-01 843847333 MATERIAL INNOVATION INSTITUTE MATE 9292428512 952 SCHOOL ST 175 NAPA CA 94559 LINNE CAUDELL SECRETARY/TREASURER 9292428512 2024-09-06 1 0 YIGIT UCTUM CPA P01269549 2125511724 2024-09-06 2023 2024-08-08 14:25:15Z MATERIAL INNOVATION INITIATIVE LINNE CAUDELL 952 SCHOOL ST 175 NAPA CA 94559 1174428 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 REPLACE ANIMAL-DERIVED MATERIALS WITH PLANT-BASED AND LAB-GROWN INNOVATIONS, AND TO SHRINK 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. 7 7 8 11 0 0 1575005 1088033 311965 74654 0 714 0 507 1886970 1163908 0 0 0 0 781213 1003527 52500 0 304930 526399 521663 1360112 1525190 526858 -361282 1302142 898278 58319 19423 1243823 878855 TO ACCELERATE THE AVAILABILITY OF HIGH-QUALITY, HIGH-PERFORMANCE, ANIMAL-FREE, AND ENVIRONMENTALLY PREFERRED MATERIALS. 0 0 926132 74654 MATERIAL INNOVATION INSTITUTE (MII) WORKS TO IDENTIFY AND ASSIST COMPANIES AND TECHNOLOGIES IN BUILDING AND IMPROVING MATERIALS THAT CAN REPLACE ANIMAL-DERIVED MATERIALS (E.G., LEATHER, REPTILE SKIN, ETC.) IN THE FASHION, AUTOMOTIVE, AND HOME GOODS INDUSTRIES. MII ALSO WORKS TO IDENTIFY POTENTIAL RELATIONSHIPS BETWEEN INVESTORS AND COMPANIES AND TECHNOLOGY IN ORDER TO OBTAIN THE FUNDING NECESSARY TO MAKE ANIMAL-ALTERNATIVE MATERIALS MORE ACCESSIBLE AND ENGAGES IN CONTRACTS WITH BRANDS TO ASSIST IN INCREASING THEIR ALTERNATIVE MATERIAL CACHE AND ADDRESSING HOW THE MATERIALS CAN BE USED. MII'S COMMUNICATIONS DEPARTMENT EDUCATES COMPANIES AND INDIVIDUALS IN THE FASHION, HOME GOODS, AND AUTOMOTIVE INDUSTRIES, AS WELL AS EDUCATING THE PUBLIC. 926132 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 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 X X CORTNEY BUSCH 9292428512 3932 DUMAINE ST NEW ORLEANS LA 70119 JACQUELINE KRAVETTE PRESIDENT 2.00 X X 0 0 0 LINNE CAUDELL SECRETARY/TREASURER 3.00 X 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 KIRSTY STEVENSON DIRECTOR 2.00 X 0 0 0 AMY ROSENFELD DIRECTOR 2.00 X 0 0 0 SIDDHARTH HARIHARAN DIRECTOR (THRU OCT 2023) 2.00 X 0 0 0 NICOLE RAWLING CHIEF EXECUTIVE OFFICER 50.00 X 129370 0 7650 ALEXIS VANDERHYE DIRECTOR OF FOUNDATION RELATIONS 40.00 X 101043 0 7650 230413 0 15300 2 0 0 0 0 1088033 10520 1088033 ANNUAL CONFERENCE 900099 74654 74654 74654 80 80 11154 10520 634 634 634 507 507 507 1163908 74654 0 1221 X 245714 55286 30715 159713 664109 517599 113483 33027 12409 7818 1985 2606 81295 51216 13007 17072 29350 29350 247054 122522 61987 62545 14580 8930 2673 2977 64377 41616 10769 11992 35152 21530 6445 7177 76151 76151 4567 2797 838 932 50432 20667 22876 6889 1525190 926132 294128 304930 371220 366204 10520 807164 490885 3750 0 40222 13070 79786 17599 1302142 898278 58319 19423 58319 19423 X 493571 580061 750252 298794 1243823 878855 1302142 898278 X -361282 -3686 X 0 1 X 1 0 X 590282 924136 1575005 1088033 4177456 590282 924136 1575005 1088033 4177456 2291864 1885592 80 80 507 507 4178043 502750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1163908 0 1163908 0 1163908 1525190 0 1525190 0 1525190 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 5 PROGRAM SERVICES INNOVATION, COMMUNICATIONS, AND OTHER PROGRAM CONSULTING 168291 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 2 PROGRAM SERVICES SCITECH AND COMMUNICATIONS PROGRAM CONSULTING 114633 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 1 PROGRAM SERVICES COMMUNICATIONS PROGRAM CONSULTING 20891 0 8 0 0 0 8 303815 0 303815 0 0 0 0 0 0 PART I, LINE 3: MATERIAL INNOVATION INSTITUTE ACCOUNTS FOR EXPENDITURES IN THE LISTED REGIONS USING THE ACCRUAL METHOD OF ACCOUNTING. FORM 990, PART VI, SECTION B, LINE 11B THE 990 FORM WILL BE REVIEWED BY MANAGEMENT FOR ACCURACY AND COMPLETENESS. ONCE APPROVED, 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 INNOVATION CONTRACTOR: PROGRAM SERVICE EXPENSES 66,395. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,395. SCITECH CONSULTANT: PROGRAM SERVICE EXPENSES 33,211. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,211. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 38,972. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,972. INTERNS: PROGRAM SERVICE EXPENSES 4,987. MANAGEMENT AND GENERAL EXPENSES 213. FUNDRAISING EXPENSES 425. TOTAL EXPENSES 5,625. CONSULTANTS: PROGRAM SERVICE EXPENSES 7,467. MANAGEMENT AND GENERAL EXPENSES 22,802. FUNDRAISING EXPENSES 62,120. TOTAL EXPENSES 92,389. GRAPHIC DESIGN AND VIDEO PRODUCTION: PROGRAM SERVICE EXPENSES 10,462. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,462. FORM 990, PART XI, LINE 9: LOSS ON FOREIGN CURRENCY TRANSLATION -3,686.