Machine Intelligence Research Institute Inc

Analysis

Machine Intelligence Research Institute Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Machine Intelligence Research Institute Inc reported income of $1.9m and spending of $5.3m, spending 279% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $4.8m to $1.9m (-60%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 226%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Machine Intelligence Research Institute Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Friends of Perry Mansfield ($1.9m), American Mural Project Inc ($1.9m) and Wcca Inc ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $537k (10% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $23.8m against liabilities of $59k, net assets of $23.8m. It reported 32 employees.