Open Source Vision Foundation
- Assets
- $500.4k
- Revenue
- $248.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 45-5202940
Organization Overview
Open Source Vision Foundation is located in Palo Alto, CA. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Source Vision Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Open Source Vision Foundation generated $248.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $201.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE ALL ASPECTS OF MACHINE AND COMPUTER VISION: DEVELOP AND IMPROVE ALGORITHMS, EDUCATE PRACTITIONERS AND USERS, INCREASE THE NUMBER OF USES AND USERS, ENABLE FREE AND/OR COMMERCIAL DEPLOYMENT OF COMPUTER VISION APPLICATIONS IN ALL AREAS WHILE PROVIDING AN INDUSTRIAL QUALITY OPEN AND FREE INFRASTRUCTURE TO HELP ACHIEVE THESE GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPENCV: TO ADVANCE THE BENEFICIAL USES OF COMPUTER VISION IN SOCIETY. WE DO THIS THROUGH EDUCATIONAL SOFTWARE, HARDWARE AND A COMPREHENSIE OPEN SOURCE, FREE LIBRARY OF COMPUTER VISION SOFTWARE CODE.
CARLA: TO SUPPORT EDUCATION ABOUT AND DEVELOPMENT, TRAINING, AND VALIDATION OF AUTONOMOUS DRIVING SYSTEMS. IN ADDITION TO OPEN-SOURCE CODE AND PROTOCOLS, CARLA PROVIDES OPEN DIGITAL ASSETS (URBAN LAYOUTS, BUILDINGS, VEHICLES) THAT WERE CREATED FOR THIS PURPOSE AND CAN BE USED FREELY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Achinya K Bhomick Treasurer | Trustee | 1 | $0 |
Victor Eruhimov Secretary | Trustee | 1 | $0 |
Qian-Yi Zhou Board Member | Trustee | 5 | $0 |
Gary Bradski President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,013 |
| Total Program Service Revenue | $246,977 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,740 |
| Fees for services: Accounting | $2,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26 |
| Advertising and promotion | $0 |
| Office expenses | $1,837 |
| Information technology | $8,561 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,668 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $201,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500,441 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $500,441 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,573 |
| Total liabilities | $7,573 |
| Net assets without donor restrictions | $492,868 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $500,441 |