Basis Research Institute

Tax-deductible

New York, NY501(c)(3)Science & TechnologyEIN 87-4408882Revenue $4.7M in FY2025

On file with the IRSbasis.ai315 W 115th St Apt 24, 10026-2310 · New York, NYTax-exempt since Dec 2022Publicly supported charity — 170(b)(1)(A)(vi)

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Creating a new kind of ai Research organization.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 1 volunteers and 7 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $1.3M a year · 45% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 47% of spending
Top officer’s pay higher than 59% of similar orgs
Concern: pay to officers and key staff is 47% of spending; over 30%.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $296K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
−$31K
-0.8% of total assets
Looks good: liabilities are -1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
+824% vs prior year
Spent
$2.9M
To programs
92%
Net assets
$4.1M
By yearFY2022–FY2025
Revenue
$4.7M
FY2025▲ +824%
Tap a bar for its year
Revenue by fiscal year
FY2022$3.0M
FY2024$513K
FY2025$4.7M
Expenses
$2.9M
FY2025▲ +96%
Tap a bar for its year
Expenses by fiscal year
FY2022$53K
FY2024$1.5M
FY2025$2.9M
Net assets
$4.1M
FY2025▲ +78%
Tap a bar for its year
Net assets by fiscal year
FY2022$2.9M
FY2024$2.3M
FY2025$4.1M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $2.7M Management & general 7% · $215K Fundraising 1% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$195,200Pt VII · Sec A
$187,700Pt VII · Sec A
Programmer
$187,678Pt VII · Sec A
$183,134Pt VII · Sec A
Programmer
$181,689Pt VII · Sec A
Programmer
$172,400Pt VII · Sec A
Program Mana
$147,000Pt VII · Sec A
$130,825Pt VII · Sec A

Zenna Tavares’s $195K as President is at the 59th percentile of top reported officer pay among 363 $1–10M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2022
Sam Alan Witty—$205,713$181,975
Zenna Tavares$195,200$72,904$59,729
Emily Lambert Mackevicius$187,700$99,000$36,000
Rafal Urbaniak$187,678——
Michelangelo Naim$183,134——
Dmitry Batenkov$181,689——
John Feser$172,400——
Karen Schroeder$147,000——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops innovative artificial intelligence research and solutions.

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Provided by the organization

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3 programs · $1.6M · in their own filed words · FY2024
01

Basis performs research and development into ai reasoning technology,building general modeling and inference tools that automate causal and probabilistic reasoning. We apply these tools in areas that have broad scientific and societal impact.

$720Kprogram expense
02

The modeling, abstract and reasoning agent (mara) project is a research initiative to develop ai agents capable of discovering and reasoning with abstract models of the world to carry out goals across a portfoliio of domains.

$500Kprogram expense
03

Core tech program expense

$383Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$296K
Grants paid · 1 grant · $60K · 2024–2024
Harvard CollegeFY2024$60,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Other incomeLn 4–11$4.7M
Investment incomeLn 3$24K
Money outPt IX
$2.9M
Ln 25
Programscol B$2.7M
Managementcol C$215K
Fundraisingcol D$19K
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$4.1M
LiabilitiesLn 26−$31K
PeoplePt VI, VII
9
listed · VII A
PaidVII A8
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$24K
Other incomeLn 4–11$4.7M
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
CashLn 1$3.5M
Cash and savings togetherLn 1–2$3.5M
InvestmentsLn 11–13$154K
Land, buildings, equipmentLn 10c$31K
Total assetsLn 16$4.1M
LiabilitiesLn 26−$31K
Net assetsLn 32$4.1M
OperationsPt I, VI
EmployeesI 57
VolunteersI 61
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.0M$3.5M
InvestmentsLn 11–13$269K$154K
Land, buildings, equipmentLn 10c$9K$31K
Total assetsLn 16$2.3M$4.1M
LiabilitiesLn 26$24K−$31K
Net assetsLn 32$2.3M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$60K$60K
Pay of current officers, directors and key staffLn 5$383K$355K$28K
Other salaries and wagesLn 7$1.8M$1.7M$132K$19K
Other employee benefitsLn 9$93K$92K$990
Payroll taxesLn 10$164K$147K$17K
Management feesLn 11a$17K$17K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$62K$62K
Investment management feesLn 11f$1K$490$552
Other fees for servicesLn 11g$88K$76K$12K
Advertising and promotionLn 12$27K$27K
Office expensesLn 13$42K$42K$55
Information technologyLn 14$51K$44K$7K
OccupancyLn 16$38K$38K
TravelLn 17$62K$62K$666
Depreciation, depletion and amortizationLn 22$10K$269$10K
InsuranceLn 23$13K$5K$8K
Total functional expensesLn 25$2.9M$2.7M$215K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $4.7M$2.9M$1.8M$4.1M 990 PDF
FY2024 $513K$1.5M−$989K$2.3M 990 PDF
FY2023 Not on file
FY2022 $3.0M$53K$2.9M$2.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $4,745,774 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $27,288$24,187
I-11 Other revenuePrior year $486,083$4,721,587
I-12 Total revenuePrior year $513,371$4,745,774
I-13 Grants and similar amounts paid$60,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,171,946$2,472,753
I-16a Professional fundraising feesPrior year $14,934$0
I-17 Other expensesPrior year $315,573$413,488
I-18 Total expensesPrior year $1,502,453$2,946,241
I-19 Revenue less expensesPrior year −$989,082$1,799,533
Part VI · Governance 3 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,745,774 across 3 lines filed
VIII-3 Investment incomeRelated to mission $24,187$24,187
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,721,587$4,721,587
VIII-12 Total revenueRelated to mission $4,745,774$4,745,774
Part IX · Statement of functional expenses $2,946,241 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $60,000$60,000
IX-5 Pay of current officers, directors and key staffPrograms $354,871 · Management $28,029$382,900
IX-7 Other salaries and wagesPrograms $1,682,402 · Management $131,866 · Fundraising $18,549$1,832,817
IX-9 Other employee benefitsPrograms $92,313 · Management $990$93,303
IX-10 Payroll taxesPrograms $147,111 · Management $16,622$163,733
IX-11a Management feesPrograms $16,605$16,605
IX-11b Legal feesPrograms $2,500$2,500
IX-11c Accounting feesPrograms $62,250$62,250
IX-11f Investment management feesPrograms $490 · Management $552$1,042
IX-11g Other fees for servicesPrograms $76,393 · Management $11,876$88,269
IX-12 Advertising and promotionPrograms $26,618$26,618
IX-13 Office expensesPrograms $41,975 · Management $55$42,030
IX-14 Information technologyPrograms $43,667 · Management $7,181$50,848
IX-16 OccupancyPrograms $38,129$38,129
IX-17 TravelPrograms $61,556 · Fundraising $666$62,222
IX-22 Depreciation, depletion and amortizationPrograms $269 · Management $9,657$9,926
IX-23 InsurancePrograms $5,245 · Management $7,804$13,049
IX-25 Total functional expensesPrograms $2,712,394 · Management $214,632 · Fundraising $19,215$2,946,241
Part X · Balance sheet $4,089,015 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $2,006,667$3,471,725
X-4 Accounts receivableStart of year $57,447$429,000
X-9 Prepaid expenses and deferred chargesStart of year $1,860$3,228
X-10c Land, buildings and equipment, netStart of year $9,312$30,990
X-11 Publicly traded securitiesStart of year $67,144$38,521
X-12 Other securitiesStart of year $201,434$115,551
X-16 Total assetsStart of year $2,343,864$4,089,015
X-17 Accounts payable and accrued expensesStart of year −$7,800−$7,800
X-25 Other liabilitiesStart of year $32,168−$23,184
X-26 Total liabilitiesStart of year $24,368−$30,984
X-27 Net assets without donor restrictionsStart of year $2,319,496$1,799,533
X-28 Net assets with donor restrictions$2,320,466
X-32 Total net assets or fund balancesStart of year $2,319,496$4,119,999
X-33 Total liabilities and net assetsStart of year $2,343,864$4,089,015
Part XI · Reconciliation of net assets $4,119,999 net assets at year end
XI-1 Total revenue$4,745,774
XI-2 Total expenses$2,946,241
XI-3 Revenue less expenses$1,799,533
XI-4 Net assets at start of year$2,319,496
XI-8 Prior period adjustments$970
XI-10 Net assets at end of year$4,119,999

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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