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The Foresight Institute - Nonprofit Explorer - ProPublica
webprojects.propublica.org·projects.propublica.org/nonprofits/organizations/770119168
This is the ProPublica Nonprofit Explorer page for the Foresight Institute, a 501(c)(3) organization focused on science and technology research. The Foresight Institute works on nanotechnology, AI safety, and long-term futures, making its financial transparency data relevant for understanding the funding landscape of longtermist and AI safety organizations.
Metadata
Importance: 18/100otherreference
Summary
This ProPublica Nonprofit Explorer page provides IRS Form 990 financial data for the Foresight Institute, a San Francisco-based nonprofit focused on engineering and technology research. For 2024, the organization reported $9.36M in revenue and $3.75M in expenses, with CEO Allison Duettmann leading the organization. The Foresight Institute is known for its work on nanotechnology, AI safety, and existential risk reduction.
Key Points
- •Foresight Institute is a 501(c)(3) nonprofit tax-exempt since May 1991, categorized under Science and Technology Research Institutes.
- •2024 financials show $9.36M revenue (85.6% from contributions), $3.75M expenses, and $8.92M total assets.
- •CEO Allison Duettmann received $276,150 in compensation in 2024.
- •The organization has grown significantly, with net income of $5.6M in 2024, suggesting strong donor support.
- •Board includes notable figures like Sonia Arrison and Dean Tribble, connected to longtermist and tech communities.
Cited by 1 page
| Page | Type | Quality |
|---|---|---|
| Foresight Institute | Organization | -- |
10 FactBase facts citing this source
| Entity | Property | Value | As Of |
|---|---|---|---|
| Foresight Institute | Annual Expenses | $3.8 million | 2024 |
| Foresight Institute | program-service-revenue | 575642 | 2024 |
| Foresight Institute | Revenue | $1.6 million | 2021 |
| Foresight Institute | Annual Expenses | $1.1 million | 2021 |
| Foresight Institute | Annual Expenses | $2.6 million | 2023 |
| Foresight Institute | Revenue | $9.4 million | 2024 |
| Foresight Institute | Annual Expenses | $2.0 million | 2022 |
| Foresight Institute | total-assets | 8900000 | 2024 |
| Foresight Institute | Revenue | $2.4 million | 2022 |
| Foresight Institute | Revenue | $3.6 million | 2023 |
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The Foresight Institute - Nonprofit Explorer - ProPublica
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The Foresight Institute
San Francisco, CA
Tax-exempt since May 1991
EIN: 77-0119168
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Organization summary
Type of Nonprofit
Designated as a 501(c)(3)
Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.
Category :
Science and Technology Research Institutes, Services /
Engineering and Technology Research, Services
(NTEE)
Donations to this organization are tax deductible.
Summary charts: organization finances over time
Revenue $9.36M (2024)
Expenses $3.75M (2024)
Total Assets $8.92M (2024)
Total Liabilities $32k (2024)
Source: Form 990 tax filings from 2010 to 2024
Tax Filings by Year
Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS.
Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.
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Fiscal Year Ending Dec.
2024
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$9,356,634
Expenses
$3,749,519
Net Income
$5,607,115
Net Assets
$8,887,580
Notable Sources of Revenue
Percent of Total Revenue
Contributions
$8,006,985
85.6%
Program Services
$575,642
6.2%
Investment Income
$17,880
0.2%
Bond Proceeds
$0
Royalties
$0
Rental Property Income
$0
Net Fundraising
$0
Sales of Assets
$743,801
7.9%
Net Inventory Sales
$0
Other Revenue
$12,326
0.1%
Notable Expenses
Percent of Total Expenses
Executive Compensation
$547,820
14.6%
Professional Fundraising Fees
$0
Other Salaries and Wages
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