Institute For Learning Innovation
- Assets
- $299.9k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 16
- Location
- Beaverton, OR
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4453337
Organization Overview
Institute For Learning Innovation is located in Beaverton, OR. The organization was established in 2014. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2022, Institute For Learning Innovation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Learning Innovation 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, Institute For Learning Innovation generated $1.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 6.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
THE INSTITUTE FOR LEARNING INNOVATION ADVANCES LIFELONG, FREECHOICE LEARNING FOR ALL COMMUNITIES THROUGH RESEARCH, PRACTICE, AND POLICY INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING SOURCES INCLUDED GRANTS FROM FEDERAL AGENCIES, SUCH AS THENATIONAL SCIENCE FOUNDATION AND INSTITUTE FOR MUSEUM AND LIBRARYSERVICES AND CONTRACTS WITH NONPROFIT AND GOVERNMENT ORGANIZATIONS,SUCH AS THE VIRGINIA AIR & SPACE CENTER AND L.A. COUNTY MUSEUM OF ART.THE FOCUS OF THESE PROJECTS INCLUDED STUDYING HOW CHILDREN AND ADULTSLEARN SCIENCE OUTSIDE OF SCHOOL; PROVIDING SUPPORT FOR MUSEUMS,COMMUNITY-BASED ORGANIZATIONS, AND OTHER ENTITIES INTERESTED INMEASURING THEIR SOCIETAL IMPACT; AND CONVENING EDUCATORS ANDPOLICYMAKERS TO EXPLORE THE FUTURE OF LEARNING AND EDUCATION IN THEUNITED STATES. APPROXIMATELY 83% OF STAFF TIME AND ORGANIZATIONALRESOURCES WERE DEDICATED TO THESE MISSION-DRIVEN PROJECT ACTIVITIES.REMAINING STAFF RESOURCES WERE SPENT ON ADMINISTRATION AND FUNDRAISING.THESE PROJECTS EXEMPLIFY AND CONTRIBUTE TO THE INSTITUTE'S EXEMPTPURPOSES AND MISSION. THE INSTITUTE BELIEVES THAT THESE PROJECTS ANDFUTURE WORK ARE VITAL TO ENSURING THAT INDIVIDUALS, COMMUNITIES, ANDORGANIZATIONS IN THE UNITED STATES ADAPT AND THRIVE IN A RAPIDLYCHANGING WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Falk PHD Executive Dir. | OfficerTrustee | 36 | $136,495 |
Judy Koke Dir. Prof. Develop | 40 | $120,989 | |
Tom Owen President/chair | OfficerTrustee | 1 | $0 |
Tiffany Lohwater Director | Trustee | 1 | $0 |
Tonya Matthews PHD Director | Trustee | 1 | $0 |
Meena Selvakumar PHD Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,102,336 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,626 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,260,962 |
| Total Program Service Revenue | $411,735 |
| 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 | $1,693,796 |
| 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. | $257,484 |
| Compensation of current officers, directors, key employees. | $38,623 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $766,522 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,276 |
| Payroll taxes | $90,385 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $65,131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $407,580 |
| Advertising and promotion | $0 |
| Office expenses | $28,128 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,213 |
| 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 | $6,645 |
| All other expenses | $0 |
| Total functional expenses | $1,737,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,529 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $245,920 |
| 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 | $3,425 |
| Total assets | $299,874 |
| Accounts payable and accrued expenses | $107,394 |
| Grants payable | $0 |
| Deferred revenue | $136,315 |
| 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 | $0 |
| Total liabilities | $243,709 |
| Net assets without donor restrictions | $56,165 |
| 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 | $299,874 |