Open Source Seed Initiative Inc
- Assets
- $111.2k
- Revenue
- $24.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 46-5440616
Organization Overview
Open Source Seed Initiative Inc is located in Madison, WI. The organization was established in 2015. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Source Seed Initiative Inc 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 Seed Initiative Inc generated $24.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $14.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREEDER, SEED COMPANY & NURSERY PARTNERSHIPS: OSSI MAINTAINS A LIST OF CROP VARIETIES PLEDGED AS "FREED SEED AND PROVIDES A LINK ON ITS WEBSITE WWW.OSSEEDS.ORG TO COMMERCIAL SOURCES FOR THEM. FREED SEED IS FREE TO BE PLANTED, SHARED, BRED AND SOLD WITHOUT INTELLECTUAL PROPERTY RESTRICTIONS. A VARIETY REVIEW COMMITTEE OF FIVE BOARD MEMBERS, EACH A PLANT BREEDER, RIGOROUSLY REVIEWS VARIETY PLEDGE APPLICATIONS TO ENSURE THAT EACH CULTIVAR IS GENETICALLY UNIQUE AND THAT ITS BREEDERS DIDN'T USE PLANT GERMPLASM RESTRICTED BY IPR. THE PLEDGE IS OSSI'S PRIMARY TOOL TO FOSTER COMMITMENT TO THE UNFETTERED EXCHANGE OF GERMPLASM. OSSI HAS 500+ PLEDGED VARIETIES FROM 50 BREEDER-PARTNERS. OSSI DEVOTED ITS MOST PRO BONO HOURS TO THESE PARTNERSHIPS. OSSI'S WEBSITE LINKS ITS 79 SEED COMPANY PARTNERS FROM 9 COUNTRIES TO EACH OF THEIR VARIETIES AND THROUGH ITS PARTNERS REACHES AT LEAST 250,000 POTENTIAL CUSTOMERS EACH YEAR.
OSSI INTERNATIONAL ADVOCACY. OSSI EXPANDED ITS INTERNATIONAL ADVOCACY IN 2022 BY SENDING BOARD MEMBERS ANDREW STILL AND TOM MICHAELS TO A LET'S LIBERATE DIVERSITY MEETING IN BUDAPEST WHERE THEY GAVE SHORT PRESENTATIONS WITH THEIR GOSSI (GLOBAL COALITION OF OPEN SOURCE SEED INITIATIVES) COLLEAGUES FROM SIX OTHER COUNTRIES AT A 2-HOUR WORKSHOP AND ALSO TOOK PART IN A "CAFE-STYLE" WORKSHOP ON OPEN SOURCE. BOARD SECRETARY JACK KLOPPENBURG DEVOTES FOUR VOLUNTEER HOURS PER WEEK TO INTERNATIONAL OPEN SOURCE SEED WORK.
OSSI APPRENTICESHIP: OSSI'S 9-WEEK INTERN COLLEGE STUDENT ZACHARY MCPHERSON FOCUSED ON INTELLECTUAL PROPERTY RIGHTS, COMPILING A LIST OF IP LAWYERS POTENTIALLY SUPPORTIVE OF OPEN SOURCE/COPY LEFT APPROACHES TO PLANT PATENTING ISSUES AND STUDYING PATENT OFFICE OPERATIONS AND GUIDELINES TO HELP US LEARN HOW OSSI COULD CHALLENGE QUESTIONABLE PATENT APPLICATIONS. OSSI SUPPORTED HIS WORK WITH $7,000 IN NON-EMPLOYEE COMPENSATION PLUS 90 VOLUNTEER BOARD HOURS IN SUPERVISION.
OSSI BLOG: WEBINARS, PODCASTS, PRESENTATIONS, PROFILES: A COLLECTION OF ARTICLES, PAPERS, BREEDER PROFILES AND 12 PODCASTS THAT FOCUS ON SPECIFIC PLANT BREEDING PROJECTS BENEFITING THE COMMUNITY OF SEVERAL HUNDRED FREE-LANCE BREEDERS AND SEED COMPANY TRIALERS AND PURCHASERS INSPIRED BY THEM. OSSI EXPENDED $132 FOR PODCAST SUPPORT. NEW IN 2022: TWO WEBINARS WHERE EMINENT BREEDERS SHARE THEIR EXPERTISE AND ACCOMPLISHMENTS PLUS A PRESENTATION BY BOARD SECRETARY ON "BIOPIRACY, LAW AND BALKINIZATION OF THE GENESCAPE". CRAIG LEHOULLIER AND PATRINA NUSKE-SMALL'S WEBINAR "CROWDBREEDING" ON THE DWARF TOMATO PROJECT, THEIR EXTENSIVE INTERNATIONAL COLLABORATION, ATTRACTED 3,600 VIEWS SINCE APRIL. OSSI EXPENDED $1,420 FOR MODERATION AND LOGISTICAL SUPPORT FOR WEBINARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Deppe Board Chair | 15 | $0 | |
Tom Michaels Vice Chair | 2 | $0 | |
Paul N Lawn Treasurer | 5 | $0 | |
Jack Kloppenburg Board Secretary | 10 | $0 | |
Eric George Board Member | 1 | $0 | |
Claire Luby Board Member | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,624 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $48 |
| Other Income | $0 |
| Total Revenue | $24,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,128 |
| Printing and publications | $0 |
| Other expenses | $10,181 |
| Total operating and administrative expenses | $14,037 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $14,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,694 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $548 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $111,242 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Open Source Seed Initiative Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $25,000 |
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