Open Institute
- Assets
- $12.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 82-1707895
Organization Overview
Open Institute is located in Cincinnati, OH. The organization was established in 2017. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open 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, Open Institute generated $20.7k in total revenue. All expenses for the organization totaled $8.7k during the year ending 12/2021. While expenses have increased by 57.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTING AND CAPTURING OUR WORLDWIDE DIGITAL HERITAGE. BUILD AND MAINTAIN AN ONLINE DATABASE USED TO ORGANIZE, ADVERTISE AND DIGITALLY RECORD CULTURAL EVENTS, WORKSHOPS, SEMINARS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20,672 |
| Total Revenue | $20,672 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $58 |
| Other expenses | $8,673 |
| Total expenses | $8,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,125 |
| Other assets | $0 |
| Total assets | $12,125 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,125 |
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