Universal Stylus Initiative Inc is located in Wakefield, MA. The organization was established in 2017. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Universal Stylus Initiative Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Universal Stylus Initiative Inc generated $376.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $348.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSAL STYLUS INITIATIVE (USI) DEFINES INDUSTRY-WIDE STANDARDS FOR INTEROPERABLE COMMUNICATION BETWEEN AN ACTIVE STYLUS AND TOUCH-ENABLED DEVICES SUCH AS PHONES, TABLETS, AND COMPUTING AND ENTERTAINMENT PLATFORMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP: USI IS A MEMBER DRIVEN NON-PROFIT ORGANIZATION. LEADING OEMS, STYLUS AND TOUCH CONTROLLER MANUFACTURERS PARTICIPATE TO DRIVE INDUSTRY STANDARDS TO PROMOTE INTEROPERABLE ACTIVE STYLUSES WITH TOUCH-ENABLED DEVICES SUCH AS PHONES, TABLETS, AND COMPUTING AND ENTERTAINMENT PLATFORMS. THE NUMBER OF MEMBERS RANGES FROM 35-45.USI 1.0 STYLUS AND DEVICE SPECIFICATION: RELEASED IN SEPTEMBER 2016, THE USI 1.0 SPECIFICATION PROVIDES INDEPENDENT HARDWARE VENDORS (IHVS) AND ORIGINAL EQUIPMENT MANUFACTURERS (OEMS) FOR THE FIRST TIME AN INDUSTRY STANDARD, NON-PROPRIETARY, ACTIVE STYLUS PROTOCOL. THIS SOLUTION WILL ENABLE THE OEM, IHV AND SOFTWARE ECOSYSTEM TO DEVELOP A NEW GENERATION OF ACTIVE STYLUSES THAT PROVIDE CONSUMERS A CONSISTENT, CUSTOMIZABLE AND INTEROPERABLE EXPERIENCE ACROSS MAKE, MODEL AND FORM-FACTOR. THE USI 1.0 SPECIFICATION ALSO ENABLES NEW USAGES FOR ACTIVE STYLUSES, SUCH AS MULTIPLE STYLUSES OPERATING SIMULTANEOUSLY ON A SINGLE DEVICE. THE USI SPECIFICATION CAN BE IMPLEMENTED ON A WIDE RANGE OF TOUCH-ENABLED DEVICES, INCLUDING PHONES, TABLETS, COMPUTING AND ENTERTAINMENT PLATFORMS.THE USI 1.0 SPECIFICATION DEFINES A STANDARD SIGNALING MECHANISM AND COMMUNICATION PROTOCOL BETWEEN A STYLUS AND A TOUCH-ENABLED DEVICE. THE 1.0 SPECIFICATION FEATURES A ROBUST TWO-WAY PROTOCOL DESIGNED FROM THE GROUND UP TO SUPPORT A RICH SET OF BASE FEATURES INCLUDING MULTIPLE, SIMULTANEOUS STYLUSES AS WELL AS EXTENSIBILITY FOR PER-VENDOR CUSTOMIZATION AND FUTURE USAGES.USERS WILL BE ABLE TO USE A SINGLE USI STYLUS ACROSS ALL OF THEIR USI-ENABLED DEVICES AND ANY USI STYLUS SHIPPED WITH DEVICES WILL WORK WITH OTHER USI-ENABLED DEVICES, EVEN THOSE FROM DIFFERENT MANUFACTURERS. ADDITIONALLY, THE USI 1.0 SPECIFICATION ALSO PROVIDES THE CAPABILITY TO USE MULTIPLE STYLUSES FROM DIFFERENT MANUFACTURERS ON A SINGLE DEVICE. THIS IS A BREAKTHROUGH CAPABILITY AND INDUSTRY-FIRST ENABLED BY THE USI 1.0 SPECIFICATION.AN ADDITIONAL BENEFIT OF THE USI STANDARD IS THE ABILITY TO DELIVER A CONSISTENT STYLUS USER EXPERIENCE ACROSS PLATFORMS. THIS CONSISTENCY AND EASE-OF-USE, COUPLED WITH INTEROPERABILITY, INCREASES THE CONSUMER APPEAL OF AN ACTIVE STYLUS AND WILL HELP PROLIFERATE THE TECHNOLOGY.USI HAS ISSUED AN ERRATA IN CONJUNCTION WITH THE SPECIFICATION TO AMEND, EDIT AND DEFINE THE SPECIFICATION DETAILS. USI CERTIFICATION: THE USI CERTIFICATION PROGRAM ALLOWS MEMBERS TO MEASURE COMPLIANCE AND ENSURE INTEROPERABILITY WITH THE USI STYLUS AND DEVICE SPECIFICATION. COMPANIES COMPLETING CERTIFICATION MAY DISPLAY THE USI CERTIFIED LOGO TO DEMONSTRATE TO CONSUMERS, CUSTOMERS AND PARTNERS THAT THEY HAVE CREATED A HIGH?QUALITY, INTEROPERABLE USI IMPLEMENTATION THAT IS KNOWN TO WORK WITH OTHER USI IMPLEMENTATIONS.THE USI STYLUS CERTIFICATION PROGRAM HAS BEEN DEVELOPED WITH THE ORGANIZATION'S CORE VALUE PROPOSITION AND BRAND PROMISE IN MIND.USI BRAND PROMISEA PRODUCT BEARING THE USI CERTIFICATION MARK WILL PROVIDE AN EXPERIENCE THAT'S PERSONAL, PREDICTABLE AND INTEROPERABLE.PERSONAL - "MY USI STYLUS CUSTOMIZABLE IN A VARIETY OF WAYS."THIS IS ACHIEVED THROUGH THE AVAILABILITY OF PRODUCTS IN MULTIPLE FORM-FACTORS OR INDUSTRIAL DESIGNS AND/OR THE ABILITY TO CUSTOMIZE AND CONFIGURE PARAMETERS SUCH AS INK COLOR, STROKE, ETC. ON A PER-STYLUS BASIS.PREDICTABLE - "I KNOW I CAN EXCEPT THE SAME EXPERIENCE FROM MY USI STYLUS EVERY TIME AND EVERYWHERE I USE IT."THIS IS ACHIEVED THROUGH CONSISTENT PERFORMANCE REQUIREMENTS ACROSS ALL USI CERTIFIED PRODUCTS.INTEROPERABLE - "I KNOW MY USI STYLUS IS GOING TO WORK ON ALL OF MY DEVICES."THIS IS ACHIEVED THROUGH CONSISTENT ELECTRICAL PROFILE REQUIREMENTS ACROSS ALL USI CERTIFIED PRODUCTS.TO ENSURE THAT PRODUCTS UPHOLD THIS BRAND PROMISE AND THE OVERALL INTEGRITY OF THE USI BRAND, THE CERTIFICATION PROGRAM ENABLES MEASUREMENT OF ADHERENCE TO THE TECHNICAL SPECIFICATION IN REAL PRODUCTS AND PROVIDES REASONABLE MEASURES OF ACCEPTABILITY.PRODUCTS THAT PASS THIS LEVEL OF ACCEPTABILITY ARE ADDED TO THE CERTIFICATION REGISTER AND HAVE THE RIGHT TO LICENSE THE USI CERTIFICATION MARK.THE USI CERTIFICATION PROGRAM IS A HIGH-LEVEL, FUNCTIONAL TEST OF A PRODUCT'S PERFORMANCE AND INTEROPERABILITY FROM AN END-USER PERSPECTIVE. THE TESTS ARE DESIGNED TO BE REPRESENTATIVE OF REAL-WORLD USE OF A USI PRODUCT.THE USI CERTIFICATION PROGRAM IS NOT A REPLACEMENT FOR THOROUGH COMPONENT OR PRODUCT VALIDATION BY THE MANUFACTURER; IT DOES NOT FULLY EXERCISE THE ENTIRE IMPLEMENTATION OF THE TECHNICAL SPECIFICATION, NOR DOES IT PROVIDE 'BIT-BY-BIT' TESTING OF EACH REGISTER, FUNCTION, COMMAND, FREQUENCY/TIMESLOT COMBINATION, CORNER-CASE SCENARIO, ETC. FURTHERMORE, IT DOES NOT TEST ANY PROPRIETARY, VENDOR-DEFINED EXTENSIONS.THE UNIVERSAL STYLUS INITIATIVE FINALIZED VERSION 2.0 OF THE USI STYLUS AND DEVICE TECHNICAL SPECIFICATION 2.0 ON NOVEMBER 30, 2021. VERSION 2.0 OF THE USI SPECIFICATION BUILDS UPON THE FOUNDATION ESTABLISHED IN VERSION 1.0, EXPANDING IT TO ENABLE SUPPORT FOR THE NEXT GENERATION OF COMPONENT TECHNOLOGIES, SYSTEM INTEGRATION METHODOLOGIES AND END-USER REQUIREMENTS. THE SPECIFICATION IS THE ONLY OPEN STANDARD ACTIVE STYLUS SOLUTION THAT ALLOWS A SINGLE STYLUS TO BE USED ON MULTIPLE TOUCH ENABLED DEVICES. IT IS USED IN MILLIONS OF PRODUCTS AND STANDARD FOR GOOGLE CHROMEBOOKS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Mueller President/chairman | OfficerTrustee | 5 | $0 |
Jeff Lukanc Vice President | OfficerTrustee | 1 | $0 |
Ritch Russ Treasurer | OfficerTrustee | 1 | $0 |
Maxwell Xiang Director | Trustee | 1 | $0 |
Premal Parekh Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Virtual Inc Management Services | 12/30/21 | $127,588 |
Scott Bowden Technical Development Consultant | 12/30/21 | $166,750 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $376,362 |
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 | $376,362 |
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 | $127,588 |
Fees for services: Legal | $11,953 |
Fees for services: Accounting | $2,625 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,237 |
Office expenses | $7,395 |
Information technology | $6,226 |
Royalties | $0 |
Occupancy | $0 |
Travel | $764 |
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 | $1,294 |
All other expenses | $0 |
Total functional expenses | $347,969 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $386,510 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $90,433 |
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 | $3,932 |
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 | $480,875 |
Accounts payable and accrued expenses | $24,510 |
Grants payable | $0 |
Deferred revenue | $64,667 |
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 | $89,177 |
Net assets without donor restrictions | $391,698 |
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 | $480,875 |
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