Decentralization Research Center: Nonprofit Profile, Financials & Form 990 (EIN 99-4541398)

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2025.

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

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $229K Management & general 0% · $619

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

2 people listed on the 990.

Part VII, Section A · reportable compensation

Connor Spelliscy

Board Presexec Dir

$0Pt VII · Sec A

Tony Douglas

Dir of Strategy Ops

$0Pt VII · Sec A

See Decentralization Research Center executive salaries →

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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

Programs and updates

Promote decentralized technologies like blockchain for secure, transparent, and user-controlled data.

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Provided by the organization

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1 program · $229K · in their own filed words · FY2024

01

(1) Summit decentralization with leading academics, blockchain industry leaders, and think tanks; (2) Workshop on decentralized autonomous organiztions with academics and blockchain industry leaders (3) Research published on AI and decentralization of emerging tech.

$229Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$758K

Ln 12

Gifts and grantsLn 1h$756K

Investment incomeLn 3$3K

Money outPt IX

$229K

Ln 25

Programscol B$229K

Managementcol C$619

Owns and owesPt X

$529K

net assets · Ln 32

Cash and savingsLn 1–2$554K

Total assetsLn 16$554K

LiabilitiesLn 26$25K

PeoplePt VI, VII

2

listed · VII A

PaidVII A0

Voting boardVI 1a2

IndependentVI 1b2

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$756K

Investment incomeLn 3$3K

Total revenueLn 12$758K

Assets in detailPt X, end of year

CashLn 1$554K

Cash and savings togetherLn 1–2$554K

Total assetsLn 16$554K

LiabilitiesLn 26$25K

Net assetsLn 32$529K

OperationsPt I, VI

EmployeesI 50

Fiscal year endsHeaderDecember

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

Line	Start FY24	End FY24
Cash and savingsLn 1–2		$554K
Total assetsLn 16	$0	$554K
LiabilitiesLn 26	$0	$25K
Net assetsLn 32	$0	$529K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other fees for servicesLn 11g	$101K	$101K
Office expensesLn 13	$619		$619
Conferences, conventions and meetingsLn 19	$1K	$1K
Other expenses (24a–d)Ln 24	$127K	$127K
Total functional expensesLn 25	$229K	$229K	$619	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$758K	$229K	$529K	$529K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $758,268 revenue, 12 lines filed

I-8 Contributions and grants$755,730

I-9 Program service revenue$0

I-10 Investment income$2,538

I-11 Other revenue$0

I-12 Total revenue$758,268

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expenses$229,394

I-18 Total expenses$229,394

I-19 Revenue less expenses$528,874

Part VI · Governance 2 of 2 board members independent, no flags

VI-1a Voting members of the governing body2

VI-1b Independent voting members2

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

Part VIII · Statement of revenue $758,268 across 5 lines filed

VIII-1f All other contributions, gifts and grants$755,730

VIII-1h Total contributions, gifts and grants$755,730

VIII-3 Investment incomeRelated to mission $2,538$2,538

VIII-8 Net income from fundraising events$0

VIII-12 Total revenueRelated to mission $2,538 · Unrelated business $0 · Excluded from tax $0$758,268

Part IX · Statement of functional expenses $229,394 across 4 lines filed

IX-11g Other fees for servicesPrograms $100,775$100,775

IX-13 Office expensesManagement $619$619

IX-19 Conferences, conventions and meetingsPrograms $1,000$1,000

IX-24 Other expenses (24a–d)Programs $127,000$127,000

IX-25 Total functional expensesPrograms $228,775 · Management $619 · Fundraising $0$229,394

Part X · Balance sheet $553,874 assets, 6 lines filed

X-1 Cash, non-interest-bearing$553,874

X-16 Total assetsStart of year $0$553,874

X-17 Accounts payable and accrued expenses$25,000

X-26 Total liabilitiesStart of year $0$25,000

X-32 Total net assets or fund balancesStart of year $0$528,874

X-33 Total liabilities and net assetsStart of year $0$553,874

Part XI · Reconciliation of net assets $528,874 net assets at year end

XI-1 Total revenue$758,268

XI-2 Total expenses$229,394

XI-3 Revenue less expenses$528,874

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$528,874

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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