Overview
What is Open Research Lab?
Open Research Lab is a nonprofit organization situated in San Francisco, California. Established with a vision to fill fundamental research gaps due to declining investments, it focuses on answering open-ended questions and developing technology that should not be monopolized by a single corporation. In 2022, the organization completed two years of a randomized controlled trial on unconditional cash assistance, conducting surveys and interviews for participants and applying for additional grants to further fund its research. Open Research Lab collaborates with other groups working on cash assistance programs and partners with research organizations to analyze complex societal and technological questions, such as the economic impacts of AI. (120 words)
Official website here: www.openresearchlab.org
Is Open Research Lab legitimate?
Open Research Lab is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Research Lab submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,063,159
For more financial information, click here
Official website here: www.openresearchlab.org
What is the mission statement of Open Research Lab?
Open Research Lab's mission is centered around addressing open-ended questions and developing technology that should not be monopolized by a single company. Recognizing the decline in investment in fundamental research, Open Research Lab aims to bridge these gaps. The lab focuses on long-term projects that require considerable time and resources, striving to make groundbreaking discoveries in various fields. In 2022, the lab completed its second year of a randomized controlled trial on unconditional cash assistance as part of its Basic Income Project. Additionally, they conducted surveys and in-depth interviews with participants, applied for additional grants, and collaborated with other research organizations to deepen their understanding of complex societal and technological questions.
Official website here: www.openresearchlab.org
What is the revenue of Open Research Lab?
Open Research Lab's revenue in 2023 was $494,168.
Official website here: www.openresearchlab.org
Who are the executives of Open Research Lab and what are their salaries?
The average compensation at Open Research Lab during 2023 was $88,597. There are 12 employees and 3 volunteers at Open Research Lab.
Here are 8 key members and their salaries:
- Compensation: $190,000
- Related: $0
- Other: $18,834
- Compensation: $170,000
- Related: $0
- Other: $27,861
- Compensation: $154,500
- Related: $0
- Other: $13,091
- Compensation: $118,333
- Related: $0
- Other: $13,801
- Compensation: $119,000
- Related: $0
- Other: $4,400
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.openresearchlab.org
Where can I find the form 990 for Open Research Lab?
Open Research Lab's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.openresearchlab.org
Learn more at the official website: www.openresearchlab.org
Mission Statement of Open Research Lab
Open Research Lab, an innovative organization, is dedicated to addressing open-ended questions and developing technology that should not be controlled by a single company. Recognizing a decline in investment in fundamental research, Open Research Lab aims to fill these gaps and contribute to long-term technological advancements. The organization's mission is to pursue research that requires a significant time commitment and does not benefit from being owned by a single entity. This approach enables Open Research Lab to make groundbreaking discoveries and contribute to a more equitable distribution of technological advancements.
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Impact
October, 2024
Open Research Lab significantly impacts the landscape of fundamental research by addressing open-ended questions and pioneering technological advancements that are crucial for societal well-being. With a focus on long-term objectives, it seeks to fill critical gaps arising from declining investments in foundational studies.
In 2022, the organization made notable strides through its Basic Income Project, completing the second year of a randomized controlled trial on unconditional cash assistance. This study involved comprehensive surveys and qualitative interviews with participants, generating valuable insights into the effectiveness of cash assistance programs. Beyond its own research, Open Research Lab actively collaborates with various organizations to enhance understanding of complex societal issues, particularly the economic implications of artificial intelligence.
By partnering with other research entities, Open Research Lab fosters an environment of shared knowledge, ultimately contributing to a deeper comprehension of technological and societal challenges. Its commitment to ensuring that crucial research is not confined to proprietary interests highlights its role as a catalyst for innovation in the scientific community.
This information is meant to be a general summary of Open Research Lab. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $163,081
- Program Service Revenue: $152,290
- Gross Receipts: $494,168
Assets and Liabilities:
- Total Assets: $6,778,420
- Total Liabilities: $14,737,436
- Net Assets: -$7,959,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$152,290
Organization Details
Founding Year
2015
Principal Officer
Chris Clark
Website
www.openresearchlab.orgNTEE Category
Code: U99 - Science research
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