Nonprofit · EIN 52-1876879
X PRIZE FOUNDATION INC
Tax-exempt · CULVER CITY, CA 90230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $47,528,889 | $49,132,340 | -$1,603,451 | $146,450,974 | $116,001,952 | $30,449,022 |
| December 31, 2023 | 990 | $31,401,063 | $26,464,138 | $4,936,925 | $151,641,597 | $120,633,696 | $31,007,901 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $41,198,091
- Program service revenue
- $0
- Investment income
- $6,330,298
- Net gain from sales of assets
- -$511,235
- Other revenue
- $500
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,676,455
- Other salaries and wages
- $13,285,610
- Salaries, compensation and benefits (total)
- $19,492,071
- Professional fundraising fees
- $0
- Legal fees
- $326,950
- Accounting fees
- $112,791
- Occupancy
- $241,324
- Travel
- $3,156,746
- Depreciation
- $74,666
- Program services (functional)
- $37,522,559
- Management and general (functional)
- $4,819,017
- Fundraising (functional)
- $6,790,764
Balance sheet and other
- Total assets, start of year
- $151,641,597
- Total assets, end of year
- $146,450,974
- Total liabilities, end of year
- $116,001,952
- Net assets, end of year
- $30,449,022
- Land, buildings and equipment
- $91,786
- Net assets without donor restrictions
- $17,631,000
- Net assets with donor restrictions
- $12,818,022
- Gross receipts
- $94,595,700
- Employees
- 122
- Volunteers
- 17
- Year formed
- 1994
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANOUSHEH ANSARI | CHIEF EXECUTIVE OFFICER Officer | 40 | $1,017,714 | $35,906 |
| STEELE FORD | CHIEF ADVANCEMENT OFFICER Key employee | 40 | $389,359 | $46,254 |
| JAMES MAINARD | CHIEF TECHNOLOGY OFFICER Key employee | 40 | $370,159 | $32,361 |
| ANDREW TAUHERT | CHIEF IMPACT OFFICER Key employee | 40 | $323,946 | $23,270 |
| KATHRYN MANDATO | CHIEF PEOPLE OFFICER Key employee | 40 | $314,878 | $20,361 |
| JAMIE JUSTICE | EVP, HEALTH Highest-paid employee | 40 | $281,482 | $40,443 |
| PETER HOULIHAN | EVP, BIODIVERSITY AND CONSERVATION Highest-paid employee | 40 | $300,158 | $16,391 |
| OSE UGOCHUKWU | GENERAL COUNSEL Key employee | 40 | $283,709 | $18,791 |
| MICHAEL BIRNBACH | CHIEF FINANCIAL OFFICER Key employee | 40 | $264,235 | $38,220 |
| ELAINE HUNGENBERG | SVP, PARTNERSHIPS AND IMPACT Highest-paid employee | 40 | $263,567 | $38,591 |
| PETER DIAMANDIS | FOUNDER & CHAIRMAN Officer | 40 | $254,129 | $41,922 |
| ALEXANDER NICHOLAS | EVP, LEARNING AND SOCIETY Highest-paid employee | 40 | $252,282 | $16,913 |
| LAUREN GREENLEE | EVP, FOOD WATER WASTE Highest-paid employee | 40 | $248,568 | $9,668 |
| JENNIFER HASLIP | CHIEF MARKETING OFFICER Key employee | 40 | $189,578 | $11,663 |
| AMIR ANSARI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANU JAIN | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BLUNDIN | BOARD MEMBER Trustee or director | 1 | $0 |
| DON WALKER | BOARD MEMBER Trustee or director | 1 | $0 |
| ERIC ESRAILIAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GIL ELBAZ | BOARD MEMBER Trustee or director | 1 | $0 |
| GREGG MARYNIAK | SECRETARY Trustee or director, Officer | 1 | $0 |
| HELENE DESMARAIS | BOARD MEMBER UNTILL 04/1 Trustee or director | 1 | $0 |
| JAMES GIANOPULOS | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFFREY SHAMES | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN FRANK | BOARD MEMBER Trustee or director | 1 | $0 |
| KELLY VLAHAKIS-HANKS | BOARD MEMBER Trustee or director | 1 | $0 |
| LAETITIA GARRIOTT DE CAYEUX | BOARD MEMBER Trustee or director | 1 | $0 |
| LAUREN SELIG | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK SIEGEL | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBERT WEISS | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SALIM ISMAIL | BOARD MEMBER Trustee or director | 1 | $0 |
| VANESSA SPEER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANOUSHEH ANSARI | CHIEF EXECUTIVE OFFICER Officer | 40 | $897,815 | $35,846 |
| JAMES MAINARD | CHIEF TECHNOLOGY OFFICER Key employee | 40 | $362,081 | $31,654 |
| JENNIFER HASLIP | CHIEF MARKETING OFFICER Key employee | 40 | $319,275 | $19,784 |
| ANDREW TAUHERT | CHIEF IMPACT OFFICER Key employee | 40 | $313,760 | $22,363 |
| KATHRYN MANDATO | CHIEF PEOPLE OFFICER Key employee | 40 | $308,000 | $24,536 |
| OSE UGOCHUKWU | GENERAL COUNSEL Key employee | 40 | $276,601 | $30,326 |
| PETER HOULIHAN | EVP, BIODIVERSITY AND CONSERVATION Highest-paid employee | 40 | $270,671 | $9,028 |
| PETER DIAMANDIS | FOUNDER & CHAIRMAN Officer | 40 | $254,567 | $18,406 |
| CHRISTOPHER CLASSEN | VP, BRAND Highest-paid employee | 40 | $236,142 | $30,304 |
| SUSAN EMMER | SVP, ALLIANCE AND SPONSORS Highest-paid employee | 40 | $239,836 | $20,071 |
| ALEXANDER NICHOLAS | EVP, LEARNING AND SOCIETY Highest-paid employee | 40 | $247,822 | $6,850 |
| MICHAEL BIRNBACH | VP, FINANCE Key employee | 40 | $211,152 | $35,923 |
| JASON BATEMAN | VP, INDIVIDUAL GIVING Highest-paid employee | 40 | $212,267 | $30,796 |
| STEELE FORD | CHIEF ADVANCEMENT OFFICER Key employee | 40 | $155,634 | $12,136 |
| VANESSA SPEER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFFREY SHAMES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN FRANK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GIL ELBAZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIC ESRAILIAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMIR ANSARI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SALIM ISMAIL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANU JAIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAUREN SELIG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK SIEGEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DON WALKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KELLY VLAHAKIS-HANKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAETITIA GARRIOTT DE CAYEUX | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID BLUNDIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HELENE DESMARAIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES GIANOPULOS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT WEISS | VICE CHAIRMAN Officer | 1 | $0 | $0 |
| GREGG MARYNIAK | SECRETARY Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10736 JEFFERSON BLVD SUITE 406, CULVER CITY, CA 90230-4933
- In care of
- % DOTS SPACE CULVER CITY
- Principal officer (990 for 2024)
- MICHAEL BIRNBACH, 10736 JEFFERSON BLVD SUITE 406, CULVER CITY, CA 90230
- Signed the 990
- MICHAEL BIRNBACH, CHIEF FINANCIAL OFFICER
- Phone
- (310) 741-4880
- Website
- WWW.XPRIZE.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 52-1876879 or by the name X PRIZE FOUNDATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEE SCHEDULE O
Program accomplishments
- X PRIZE FOUNDATION, INC. ("X PRIZE") IS A NOT-FOR-PROFIT 501(C)(3) DELAWARE CORPORATION FOSTERING AND SPONSORING COMPETITION TO CREATE INNOVATIVE BREAKTHROUGHS FOR THE BENEFIT OF HUMANITY. THE FOUNDATION CONDUCTS COMPETITIONS IN SEVEN PRIZE GROUPS: LEARNING AND SOCIETY, CLIMATE AND ENERGY, FOOD WATER WASTE, HEALTH, DEEP TECH AND QUANTUM, SPACE AND EXPLORATION, BIODIVERSITY AND CONSERVATION. THE FOUNDATION PROVIDES AND OPERATES EDUCATION AND OUTREACH PROGRAMS RELATED TO ITS MISSION. THESE ACTIVITIES CONSIST OF SPEECHES, VISUAL PRESENTATIONS AND EDUCATIONAL MATERIALS IN PARTNERSHIP WITH KEY ACADEMIC INSTITUTIONS, AS WELL AS RESEARCH AND PUBLICATION OF INFORMATION IN THE GENERAL PUBLIC INTEREST.Expenses $37,522,559 · revenue $500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1876879
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W70)
- Assets (IRS master file)
- $146,450,974
- Income (IRS master file)
- $94,595,700
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $47,528,889 | $49,132,340 | $146,450,974 | IRS |
| 990 | December 2023 | $31,401,063 | $26,464,138 | $151,641,597 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $18,395,520 | $24,221,912 | $77,608,546 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1876879).
Questions about X PRIZE FOUNDATION INC
- What is the EIN of X PRIZE FOUNDATION INC?
- The employer identification number (EIN) of X PRIZE FOUNDATION INC is 52-1876879.
- Is X PRIZE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to X PRIZE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does X PRIZE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of X PRIZE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did X PRIZE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of X PRIZE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MICHAEL BIRNBACH.
- Who are the officers and directors of X PRIZE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 32 people; 14 received compensation from the organization, the highest $1,017,714 (ANOUSHEH ANSARI, CHIEF EXECUTIVE OFFICER).
- How much revenue does X PRIZE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $47,528,889, expenses of $49,132,340 and total assets of $146,450,974 at year end.
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