Allen Institute For Artificial Intelligence in Seattle, Washington (WA)

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Allen Institute For Artificial Intelligence
Employer Identification Number (EIN)275430153
Name of OrganizationAllen Institute For Artificial Intelligence
In Care of NameVulcan Inc
Address505 5th Ave S Ste 900, Seattle, WA 98104-3821
SubsectionCharitable Organization, Educational Organization
Ruling Date11/2012
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$49,813
Amount of Income$50,000
Form 990 Revenue Amount$1
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Corporate Foundations


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Amount of income in 2013: $50,000 (it was $950,000 in 2012)
This organization: 

 $50,000
Other organizations performing similar types of work: 

 $107,502

Assets in 2013: $49,813 (it was $6,420 in 2012)
This organization: 

 $49,813
Other organizations performing similar types of work: 

 $322,766

Expenses in 2012: $953,658
Allen Institute For Artificial Intelligence: 

 $953,658
Other organizations performing similar types of work: 

 $58,249

Income to expenses ratio in 2012: 0.1
Allen Institute For Artificial Intelligence: 

 0.1
Other organizations performing similar types of work: 

 2.0

Grants share in income in 2012: 100.0%
Allen Institute For Artificial Intelligence: 

 100.0%
Other organizations performing similar types of work: 

 98.7%

Financial snapshot ($)

Expenses for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$950,000$0$0
Contributions, gifts, grants, etc., received$950,000
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$953,658$0$0$953,658
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$4,022$0$4,022
Contributions, gifts, grants paid$949,636
Excess of revenue over expenses and disbursements$-3,658
Net investment income$0
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$6,420$6,420
Cash - non-interest-bearing$6,420
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Total liabilities$0
Total liabilities and net assets/fund balances$6,420
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Overpayment$0
Amount to be credited to 2013 estimated tax$0
Statements Regarding Activities (for 2012)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?Yes
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?Yes
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$46,680
Net value of noncharitable-use assets$45,980
Minimum investment return$2,299
Distributable Amount (for 2012)
Distributable amount$2,299
Undistributed Income (for 2012)
Distributable amount for 2012$2,299
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Flour Bin Foundation3103 Washington St, Vancouver, WA 98660-2246WA2001-04$2,210,625
2Lily Pointe Family FoundationPO BOX 40329, Bellevue, WA 98015-4329WA2011-08$1,691,641
3Richard And Francine Loeb Family Foundation1000 Second Avenue 34th Floor, Seattle, WA 98104-1022WA2003-11$1,013,958
4The Rogel Foundation991 Ludlow Bay Rd, Port Ludlow, WA 98365-8731WA2000-08$957,356
5The Peter Amstein Foundation1823 Terry Ave Apt 3701, Seattle, WA 98101-2421WA2001-12$948,754
6Washington Federal Foundation425 Pike St, Seattle, WA 98101-3902WA2008-05$751,240
7Rainier Pacific FoundationPO BOX 11628, Tacoma, WA 98411-6628WA2004-03$749,203
8Sarah M Hughes Foundation511 Boren Ave N Ste 300, Seattle, WA 98109-5505WA2012-02$568,461
9Patterson Charitable Foundation1090 Mcdonald Rd, Lowden, WA 99360-9635WA2012-02$552,830
10John Ahlquist Irr Tr Fbo Episcopal Diocese Of IdahoPO BOX 1796, Walla Walla, WA 99362-0353WA2012-02$398,238
11John Ahlquist Irr Tr Fbo Episcopal Diocese Of SpokanePO BOX 1796, Walla Walla, WA 99362-0353WA2012-02$398,236
12The@nutter Family Foundation7211 Ne 43rd Ave, Vancouver, WA 98661-1376WA2008-03$346,673
13Roy And Leona Nelson FoundationPO BOX 965, Spokane, WA 99210-0965WA2003-03$274,957
14S Balolia Family FoundationPO BOX 2069, Bellingham, WA 98227-2069WA2008-09$250,127
15Yaley Family Foundation21121 50th Dr Se, Bothell, WA 98021-7981WA2000-12$247,189
16The Dolsen Foundation IPO BOX 1726, Yakima, WA 98907-1726WA2001-03$177,536
17Seattle Seahawks Charitable Foundation505 5th Ave S Ste 900, Seattle, WA 98104-3821WA1995-08$168,135
18Dale And Leslie Chihuly Foundation1111 Nw 50th St, Seattle, WA 98107-5120WA2010-12$83,394
19Allen Institute For Artificial Intelligence505 5th Ave S Ste 900, Seattle, WA 98104-3821WA2012-11$50,000
20Great Pacific Seafoods Charitable Foundation650 S Orcas St Ste 100, Seattle, WA 98108-2654WA2011-10$25,000
Number of organizations performing similar types of work
Alaska6
Alabama22
Arkansas13
Arizona41
California323
Colorado62
Connecticut59
District of Columbia21
Delaware45
Florida200
Georgia87
Hawaii13
Iowa26
Idaho13
Illinois148
Indiana53
Kansas20
Kentucky21
Louisiana20
Massachusetts108
Maryland62
Maine6
Michigan78
Minnesota56
Missouri38
Mississippi11
Montana12
North Carolina85
North Dakota3
Nebraska23
New Hampshire10
New Jersey139
New Mexico14
Nevada24
New York359
Ohio99
Oklahoma35
Oregon40
Pennsylvania119
Rhode Island21
South Carolina19
South Dakota6
Tennessee28
Texas190
Utah31
Virginia60
Vermont8
Washington67
Wisconsin52
West Virginia2
Wyoming10
International5
Total3,013

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