Plurality Institute EIN 88-4385022 Form 990 (PDF) Claim this org

Plurality Institute

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Convenes experts to explore how technology and new methods foster collaboration and understanding among diverse groups. For fiscal year 2024 it reported $667K in revenue, $299K in expenses, and $614K in net assets.Pt I

Type
Public charity (501(c)(3)) · Science & Technology
Location
San Francisco, CA
Filings
2 on file (2023–2024)
Revenue
$667KFY2024
Expenses
$299K
Net assets
$614K
People
5
Filings
2
Updates
0
More identity details & actions ⌄
EIN  88-4385022 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Convenes experts to explore how technology and new methods foster collaboration and understanding among diverse groups.
Leadership
Glen Weyl · CEO
Money in and out
$667K revenue, $299K expenses
Bottom line
93% program efficiency
Where the money goes · FY2024
Total revenue
$667K
Pt VIII · Ln 12
Total expenses
$299K
Pt IX · Ln 25
Net assets
$614K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $367K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
24.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+55%
revenue over expenses, this year▼ -25% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$667K
FY2024▲ +99%
Expenses
$299K
FY2024▲ +238%
Total assets
$614K
FY2024▲ +149%
Total liabilities
$0
FY2024
Total revenue
$667K
Pt VIII · Ln 12
Total expenses
$299K
Pt IX · Ln 25
Net assets
$614K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$367K
Total assetsPt X · Ln 16$614K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $280K of program spending, described in the organization's own filed words · FY2024.
01

Plurality institute has advanced work in institutional design and helped to educate a community by bringing together carefully selected groups of academics and international experts in symposiums and meetings for talks on cutting-edge research, and breakout discussion groups.

$280Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPlurality Institute
EINHdr · item D88-4385022
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U50)
Ruling yearIRS BMFFeb 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$659K · 99%
Investment income$8K · 1%
Contributions & grants99%$659K
Investment income1%$8K
Total revenueLn 12$667K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$280K
Management & general7%$20K
Total functional expensesLn 25$299K

Balance Sheet

Part X · end of year
CashLn 1$614K
Total assetsLn 16$614K
Total liabilitiesLn 26$0
Total net assetsLn 32$614K
Months of cash on handcomputed24.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $614K · Operating expenses/yr $299K
24.6 months
Where the money goes
Program services
Program services $280K · Total expenses $299K
93%
Management & General
Management & general $20K · Total expenses $299K
7%
Fundraising
Fundraising $0 · Total expenses $299K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $496K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $659K · Total revenue $667K
99%
Government reliance
Government grants — · Total revenue $667K
Earned-income share
Program service revenue $0 · Total revenue $667K
0%
Investment reliance
Investment income $8K · Total revenue $667K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $299K
0%
Growth & trend
Revenue growth (YoY)
This year $667K · Prior year $335K
+99%
Net-asset trend (YoY)
End of year $614K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $667K · Expenses $299K
+55%
Liabilities-to-Assets
Total liabilities — · Total assets $614K
Net-asset ratio
Net assets $614K · Total assets $614K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $614K
0%
People & payroll
Highest Reported Total Compensation
Individual Glen Weyl · Reported title CEO · Highest reported compensation $0 · Total expenses $299K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $299K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 99%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.7%
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 · FY2024
Total grants receivedfrom 3 funders$114K
See all 3 funders →

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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)$667K revenue · viewing · ⤓ 990 PDF
FY2023$335K 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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