Dynamicland Foundation
- Assets
- $695.9k
- Revenue
- $474.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Castro Valley, CA
- Founding
- Data as of
- 12/2021
- EIN
- 84-3736935
Organization Overview
Dynamicland Foundation is located in Castro Valley, CA. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2021, Dynamicland Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dynamicland Foundation 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, Dynamicland Foundation generated $474.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $404.1k 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
TO ENABLE UNIVERSAL LITERACY IN A HUMANE COMPUTATIONAL MEDIUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED DEVELOPMENT OF THE REALTALK-2020 OPERATING SYSTEM, LANGUAGE AND COMPUTING MEDIUM. COLLABORATION WITH USCF BIONANO LAB WITH SHAWN DOUGLAS, RESEARCHING TRANSFORMING THE SCIENTIFIC PROCESS USING THE REALTALK DYNAMIC MEDIUM. "BIOMOLECULAR DESIGN IN REALTALK" PRESENTED AT FORESIGHT INSTITUTE EVENT IN JULY, 2022.
EDUCATION: IN 2020, WE BEGAN INITIAL PLANNING FOR OUR FIRST PERMANENT SPACE, THE DYNAMICLAND INSTITUTE. THIS WILL BE A SCHOOL, RESIDENCY PROGRAM, AND EVENT SPACE, IN WHICH STUDENTS LEARN TO PIONEER THE NEW MEDIUM, AUTHORS-IN-RESIDENCE CREATE THE MEDIUM'S FIRST LONG-FORM LITERATURE, AND PRESENTERS ENGAGE THE PUBLIC IN IMPORTANT IDEAS, ALL IMMERSED WITHIN A PERVASIVE REALTALK ENVIRONMENT. WE EXPECT SEVERAL MORE YEARS OF PLANNING AND PROTOTYPING EDUCATIONAL PROGRAMS BEFORE WE BREAK GROUND.
CREATION OF NEW WEBSITE FOR DISSEMINATION OF DYNAMICLAND'S RESEARCH-TO-DATE. PROJECTED LAUNCH BY END OF YEAR, 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke Iannini Treasurer/secretary | OfficerTrustee | 40 | $129,822 |
Bret Victor President | OfficerTrustee | 40 | $120,086 |
Financial Statements
| 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 | $463,510 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $463,510 |
| Total Program Service Revenue | $0 |
| Investment income | $583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,023 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $474,116 |
| 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. | $295,374 |
| Compensation of current officers, directors, key employees. | $14,769 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $14,787 |
| Other employee benefits | $7,557 |
| Payroll taxes | $21,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $805 |
| Fees for services: Accounting | $9,028 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,515 |
| Advertising and promotion | $0 |
| Office expenses | $15,033 |
| Information technology | $7,247 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,710 |
| 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 | $124 |
| Insurance | $0 |
| All other expenses | $25 |
| Total functional expenses | $404,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $686,270 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $3,585 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,072 |
| Total assets | $695,927 |
| Accounts payable and accrued expenses | $2,637 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,637 |
| Net assets without donor restrictions | $693,290 |
| 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 | $695,927 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Dynamicland Foundation has recieved totaling $156,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $79,000 |
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $55,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Flextech Alliance Inc San Jose, CA | $34,447,158 | $61,964,414 |
Wadhwani Institute For Artificial Intelligence Foundation Los Altos, CA | $3,256,790 | $7,610,704 |
Imec Inc San Francisco, CA | $1,494,519 | $4,897,734 |
Scintillon Institute San Diego, CA | $1,260,479 | $3,205,276 |
Kestrel Institute Palo Alto, CA | $2,764,272 | $3,386,483 |
Open Research Lab Inc Oakland, CA | $10,022,134 | $10,163,260 |
Sierra Institute For Community And Taylorsville, CA | $4,935,635 | $3,987,418 |
Phoenix Bioinformatics Corporation Newark, CA | $2,438,726 | $1,432,149 |
Scientific Analysis Corp Alameda, CA | $2,082,230 | $1,446,716 |
Biocom Institute San Diego, CA | $371,676 | $1,938,912 |
Group Conscience San Diego, CA | $762,518 | $582,951 |
Project Invent San Francisco, CA | $570,134 | $1,005,665 |