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The Khronos Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820561169 ✦ Beaverton, OR ✦ Designated as a 501(c)(6)

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Overview

What is The Khronos Group Inc?

The Khronos Group Inc, situated in Beaverton, Oregon, is a nonprofit organization that spearheads the promotion of open API standards for various sectors, including graphics, media, computing, vision, and sensor acceleration. Their mission is to foster collaboration within the industry, ensuring the widespread adoption of these open standards for the benefit of all. By creating royalty-free, industry-wide accessible APIs, Khronos enables the seamless authoring and playback of dynamic media across various platforms and devices.


Official website here: www.khronos.org

Is The Khronos Group Inc legitimate?

The Khronos Group Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Khronos Group Inc 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: $0

For more financial information, click here


Official website here: www.khronos.org

What is the mission statement of The Khronos Group Inc?

The Khronos Group Inc's mission is centered around the development of open standard APIs. Their primary objective is to facilitate the creation and playback of dynamic media across various platforms and devices. The organization is dedicated to promoting open standards for graphics, media, compute, vision, and sensor acceleration, fostering industry-wide cooperation. These open standards are accessible for royalty-free use by the entire industry, ensuring widespread participation and advancements in technology for the collective benefit.


Official website here: www.khronos.org

Who is the CEO of The Khronos Group Inc?

Neil Trevett is the President of The Khronos Group Inc.


Official website here: www.khronos.org

What is the revenue of The Khronos Group Inc?

The Khronos Group Inc's revenue in 2022 was $4,004,426.


Official website here: www.khronos.org

Who are the executives of The Khronos Group Inc and what are their salaries?

There 150 volunteers at The Khronos Group Inc.


Here are 16 key members and their salaries:


Neil Trevett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Singer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Garrard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Stahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yanjun Zhang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ueli Gallizzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Romanick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Macdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Woods (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Penwarden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wei (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Potter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Enthed (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Stearns (Managing Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.khronos.org

Where can I find the form 990 for The Khronos Group Inc?

The Khronos Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.khronos.org

Learn more at the official website: www.khronos.org

Mission Statement of The Khronos Group Inc

The Khronos Group Inc is committed to a mission that revolves around the development of open standard APIs. These APIs are designed to facilitate the creation and playback of dynamic media across various platforms and devices. By focusing on open standards, Khronos encourages widespread industry participation in the creation of these APIs, ultimately benefiting the entire sector. The organization's process ensures that the standards are readily available for royalty-free use, thereby fostering collaboration and cooperation within the industry. Khronos Group Inc's mission is geared towards enabling safe and seamless integration of graphics, media, compute, vision, and sensor acceleration technologies, thereby promoting innovation and growth in the industry.

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Impact




October, 2024

The Khronos Group Inc significantly influences the technology landscape by fostering the development and adoption of open standard APIs. These standards facilitate the authoring and playback of dynamic media across various platforms and devices, promoting innovation and interoperability in graphics, media, compute, vision, and sensor acceleration. By providing a framework for safe cooperation among industry stakeholders, Khronos enables widespread participation in the creation of these standards, ensuring they are accessible for royalty-free use. This collaborative approach not only drives technological advancement but also enhances community engagement and improvement within the industry, ultimately benefiting developers and consumers alike.




This information is meant to be a general summary of The Khronos Group Inc. 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.

Revenue
$4,004,426 (2022)
Expenses
$3,270,203 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $105,622
  • Program Service Revenue: $859,208
  • Gross Receipts: $4,004,426

Assets and Liabilities:

  • Total Assets: $6,110,376
  • Total Liabilities: $10,294
  • Net Assets: $6,100,082

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Adoption of API standards

Revenue

$721,500

Events and Sponsorships

Revenue

$137,708

Organization Details

Founding Year

2003

Principal Officer

Neil Trevett

Main Address

9450 SW Gemini Drive 45043, Beaverton, OR, 97008

NTEE Category

Code: S41 - Community improvement

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