2025-02-27T10:14:06-06:00 2024-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2024-01-01 843847333 MATERIAL INNOVATION INSTITUTE MATE 9292428512 952 SCHOOL ST 175 NAPA CA 94559 LINNE CAUDELL SECRETARY/TREASURER 9292428512 2025-02-25 1 1 YIGIT UCTUM CPA P01269549 2125511724 2025-02-25 2024 2025-03-06 01:10:19Z MATERIAL INNOVATION INITIATIVE JACQUELINE KRAVETTE 952 SCHOOL ST 175 NAPA CA 94559 231821 0 X N/A X 2019 DE TO PROMOTE SUSTAINABLE AND ANIMAL-FREE MATERIALS IN THE FASHION, HOME GOODS, AND AUTOMOTIVE INDUSTRIES IN ORDER TO PROTECT THE ENVIRONMENT AND ANIMALS AND TO MITIGATE CLIMATE CHANGE. 5 5 0 7 0 0 1088033 221785 74654 10000 714 36 507 0 1163908 231821 0 0 0 0 1003527 319582 0 10640 137242 521663 404503 1525190 734725 -361282 -502904 898278 378523 19423 4186 878855 374337 TO ACCELERATE THE AVAILABILITY OF HIGH-QUALITY, HIGH-PERFORMANCE, ANIMAL-FREE, AND ENVIRONMENTALLY PREFERRED MATERIALS. 0 0 396933 0 10000 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. 396933 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CORTNEY BUSCH 9292428512 3932 DUMAINE ST NEW ORLEANS LA 70119 AMY ROSENFELD DIRECTOR 5.00 X 0 0 0 ELIZABETH NOVOGRATZ DIRECTOR (THRU MARCH) 2.00 X 0 0 0 JACQUELINE KRAVETTE PRESIDENT 5.00 X X 0 0 0 JOHN BARTLETT DIRECTOR 2.00 X 0 0 0 KIRSTY STEVENSON DIRECTOR 3.00 X 0 0 0 LINNE CAUDELL SECRETARY/TREASURER 3.00 X X 0 0 0 NAOMI SACHS DIRECTOR (THRU MARCH) 2.00 X 0 0 0 NICOLE RAWLING CHIEF EXECUTIVE OFFICER (THRU JULY) 50.00 X 77709 0 4900 CORTNEY BUSCH CHIEF OPERATING OFFICER (BEG JULY) 50.00 X 49457 0 2500 127166 0 7400 0 0 0 0 0 221785 221785 ANNUAL CONFERENCE 900099 10000 10000 10000 36 36 231821 10000 0 36 X 134527 60575 28055 45897 150270 69143 30794 50333 6862 1853 1886 3123 27923 15884 4422 7617 54872 54872 26070 26070 10640 10640 186334 153756 31391 1187 4838 4045 793 5943 339 3300 2304 86260 64103 10344 11813 28323 22594 3359 2370 1678 1663 15 4288 4288 DUES AND SUBSCRIPTIONS 5756 2861 938 1957 141 117 23 1 734725 396933 200550 137242 366204 146661 10520 0 490885 226131 13070 5731 17599 0 898278 378523 19423 4186 19423 4186 X 580061 374337 298794 0 878855 374337 898278 378523 X -502904 -180 -1434 X 0 0 0 X 590282 924136 1575005 1088033 221785 4399241 590282 924136 1575005 1088033 221785 4399241 2330315 2068926 80 36 116 507 507 4399864 512750 0.47020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 2 PROGRAM SERVICES COMMUNICATIONS AND OTHER PROGRAMMING 114602 0 2 0 0 0 2 114602 0 114602 0 0 0 0 0 0 FORM 990, PART V, LINE 2A: MATERIAL INNOVATION INSTITUTE LEASES EMPLOYEES FROM A PROFESSIONAL EMPLOYMENT ORGANIZATION, JUSTWORKS EMPLOYMENT GROUP LLC. THE EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF MATERIAL INNOVATION INSTITUTE, HOWEVER, JUSTWORKS EMPLOYMENT GROUP LLC IS THE EMPLOYER OF RECORD AND EMPLOYEES GET THEIR W2S FROM JUSTWORKS EMPLOYMENT GROUP LLC. 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 15A THE BOARD OF DIRECTORS MEET AND APPROVE THE SALARY OF THE CEO AND COO. 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 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 85,752. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,752. SCITECH CONSULTANT: PROGRAM SERVICE EXPENSES 16,980. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,980. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 3,236. MANAGEMENT AND GENERAL EXPENSES 3,107. FUNDRAISING EXPENSES 646. TOTAL EXPENSES 6,989. INTERNS: PROGRAM SERVICE EXPENSES 5,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,200. CONSULTANTS: PROGRAM SERVICE EXPENSES 42,588. MANAGEMENT AND GENERAL EXPENSES 28,284. FUNDRAISING EXPENSES 541. TOTAL EXPENSES 71,413. FORM 990, PART XI, LINE 9: LOSS ON FOREIGN CURRENCY TRANSLATION -1,434.