WOLFRAM FOUNDATION

EIN: 453729064 501(c)(3) Philanthropy & Grantmaking

CHAMPAIGN, IL

Total Revenue
$136,178
Total Expenses
$336,644
Total Assets
$587,329
Net Assets
$448,565
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
Mayo Olukoya
Phone
2173980700
Tax Period
2024-01-01 to 2024-12-31

WOLFRAM FOUNDATION, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $136K in total revenue in fiscal year 2024. Revenue surged 515% from the prior year, signaling strong growth momentum. Expenses of $337K exceeded revenue, resulting in a 147% operating deficit.

Mission

THE WOLFRAM FOUNDATION'S OBJECTIVE IS TO SUPPORT EDUCATION, RESEARCH, AND ENTREPRENEURISM. ON OUR OWN AND WITH OUR PARTNERS WE ORGANIZE AND MANAGE PROGRAMS AND CREATE LONG-TERM RESOURCES TO REALIZE THE PROMISE OF SCIENCE AND COMPUTATION IN BUILDING THE FUTURE.

Program Service Accomplishments

Program 1
Expenses: $311,211

The Wolfram Institute, started in 2022, is dedicated to the acceleration of scientific progress through the use of computation. The Institute continued research on hypergraph rewriting and the...

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The Wolfram Institute, started in 2022, is dedicated to the acceleration of scientific progress through the use of computation. The Institute continued research on hypergraph rewriting and the categorical study of complexity tradeoffs involved in rewrite system emulations, and initiated new research in the areas of observer theory and infrageometry. More than 50 "open science" public livestreams offered viewers an opportunity to observe Institute personnel conduct research in real time. The Institute also engaged with university students on computational projects of mutual interest

Program 2
Expenses: $24,673

In 2023, the foundation accomplished the expansion of its education and research programs to provide research and educational opportunities to students from diverse educational backgrounds worldwide...

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In 2023, the foundation accomplished the expansion of its education and research programs to provide research and educational opportunities to students from diverse educational backgrounds worldwide. The work of the foundation also resulted in the production of significant volumes of scientific articles, technical documents, research blogs, video work logs, livestreams, summer schools, winter schools and year-round online educational and research-oriented opportunities for students of all ages. These open science activities are a core part of the foundation's philosophy, and are expected to continue into 2025 and beyond.

Program 3

The Wolfram Physics Project (WPP) is an international basic research collaboration, based upon an "open science" philosophy, with open access to all scientific publications, software tools, working...

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The Wolfram Physics Project (WPP) is an international basic research collaboration, based upon an "open science" philosophy, with open access to all scientific publications, software tools, working sessions and databases. The WPP supports research positions worldwide, and works closely with university departments and major international research centers to provide support and supervision for basic research at all levels. WPP also organizes a variety of events and educational opportunities for students and researchers around the world.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $136,178
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $136,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,673
Fundraising Expenses $0
Program Expenses $335,884
Other Expenses $334,971
TOTAL EXPENSES $336,644

Year-over-Year Comparison

2024 2023 Change
Revenue $136,178 $22,146 +5.1%
Expenses $336,644 $227,908 +0.5%
Net Income $-200,466 $-205,762 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
2
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN WOLFRAM PRESIDENT & TREASURER 0.0
Officer Director
$0 $0 $0
REBECCA PORTH VICE PRESIDENT 0.0
Officer Director
$0 $0 $0
CATHERINE BOUCHER VICE PRESIDENT 0.0
Officer Director
$0 $0 $0
ANDREA GERLACH DIRECTOR 0.0
Director
$0 $0 $0
ALEXANDER WOLFRAM DIRECTOR 0.0
Director
$0 $0 $0
ANDRE KUZNIAREK VICE PRESIDENT 0.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $136,178 $336,644 $587,329 $-200,466
2023 $22,146 $227,908 $652,665 $-205,762
2022 $856,721 $35,109 $854,793 $821,612
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