Wolfram Foundation EIN 45-3729064

Wolfram Foundation

EIN  45-3729064 Public foundation / grantmaker Champaign, IL
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Develops scientific data and knowledge for future generations.
Leadership
Stephen Wolfram · President & Treasurer
Money in and out
$136K revenue, $337K expenses
Bottom line
100% program efficiency

Develops scientific data and knowledge for future generations. For fiscal year 2024 it reported $136K in revenue, $337K in expenses, and $449K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$136K
Pt VIII · Ln 12
Total expenses
$337K
Pt IX · Ln 25
Net assets
$449K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$200K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
20.9mo
months of highly liquid reserves at operating expense rate▼ -39% vs prior filing year
Surplus margin
-147%
revenue over expenses, this year▲ +84% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$136K
FY2024▲ +515%
Expenses
$337K
FY2024▲ +48%
Total assets
$587K
FY2024▼ -10%
Total liabilities
$139K
FY2024▲ ×38
Total revenue
$136K
Pt VIII · Ln 12
Total expenses
$337K
Pt IX · Ln 25
Net assets
$449K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$200K
Total assetsPt X · Ln 16$587K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $336K of program spending, described in the organization's own filed words · FY2024.
01

The Wolfram Institute, started in 2022, is dedicated to the acceleration of scientific progress through the use of computation. The Institute continued research on hypergraph rewriting and the categorical study of complexity tradeoffs involved in rewrite system emulations, and initiated new research in the areas of observer theory and…

$311Kprogram expense
02

In 2023, the foundation accomplished the expansion of its education and research programs to provide research and educational opportunities to students from diverse educational backgrounds worldwide.

$25Kprogram expense
03

The Wolfram Physics Project (WPP) is an international basic research collaboration, based upon an "open science" philosophy, with open access to all scientific publications, software tools, working sessions and databases.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWolfram Foundation
EINHdr · item D45-3729064
Principal addressHdr · item CChampaign, IL
WebsiteHdr · item Jwww.wolframfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMay 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$136K
Total revenueLn 12$136K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$336K
Management & general$760
Total functional expensesLn 25$337K

Balance Sheet

Part X · end of year
CashLn 1$587K
Total assetsLn 16$587K
Total liabilitiesLn 26$139K
Total net assetsLn 32$449K
Months of cash on handcomputed20.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $587K · Operating expenses/yr $337K
20.9 months
Where the money goes
Program services
Program services $336K · Total expenses $337K
100%
Management & General
Management & general $760 · Total expenses $337K
0%
Fundraising
Fundraising $0 · Total expenses $337K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $338K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $136K · Total revenue $136K
100%
Government reliance
Government grants — · Total revenue $136K
Earned-income share
Program service revenue $0 · Total revenue $136K
0%
Investment reliance
Investment income $0 · Total revenue $136K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $337K
0%
Growth & trend
Revenue growth (YoY)
This year $136K · Prior year $22K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $449K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $136K · Expenses $337K
-147%
Liabilities-to-Assets
Total liabilities — · Total assets $587K
Net-asset ratio
Net assets $449K · Total assets $587K
76%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $587K
0%
People & payroll
Highest Reported Total Compensation
Individual Stephen Wolfram · Reported title PRESIDENT & TREASURER · Highest reported compensation $0 · Total expenses $337K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2K · Total expenses $337K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 515%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Endaoment INCFY2023$10K
Total grants receivedfrom 3 funders$18K
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$136K revenue · viewing · ⤓ 990 PDF
FY2023$22K revenue · ⤓ 990 PDF
FY2022$857K revenue · ⤓ 990 PDF
FY2021$6K revenue · ⤓ 990 PDF
FY2020$10K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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