Magnusson Institute

Organization Overview

Magnusson Institute is located in Reno, NV. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Magnusson Institute 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 12/2021, Magnusson Institute generated $71.1k in total revenue. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 197.1% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAGNUSSON INSTITUTE'S WORLDWIDE MISSION IS TO SUPPORT NON-COMMERCIAL ALTERNATIVES FOR STORING AND PROCESSING PERSONAL INFORMATION AND MANAGING PERSONAL DATA PRIVACY, IN FUTHERANCE OF TECHNOLOGY USE TO PROMOTE PERSONAL HEALTH, WELLNESS AND EDUCATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Greenstein Rogoff Olsen & Co Llp Cpas
$6,925
Farella Braun Martel Llp
$5,955
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $70,983
Interest on Savings $21
Dividends & Interest $89
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 $0
Other Income $0
Total Revenue $71,093

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