Maiden Labs Inc

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

EIN: 850569795 ✦ Boulder, CO ✦ Designated as a 501(c)(3)

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Overview

What is Maiden Labs Inc?

Maiden Labs Inc is a nonprofit research organization based in Boulder, Colorado. With a focus on digital currencies, they collaborated with other institutions to conduct a global study on central bank digital currencies (CBDCs). Their research aimed to identify design principles and affordances that could enhance financial inclusion and minimize harm to the underprivileged. The organization's mission is to prioritize people in the decisions shaping the future of money, providing valuable insights to global technology, policy, and business leaders to realize the potential and mitigate the risks of new financial protocols.


Official website here: www.maidenlabs.org

Is Maiden Labs Inc legitimate?

Maiden Labs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maiden Labs 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: $54,764
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.maidenlabs.org

What is the mission statement of Maiden Labs Inc?

Maiden Labs Inc, a non-profit user research lab, focuses on digital currencies. Their mission is to ensure people are at the forefront of decisions shaping the future of money. By conducting research, Maiden Labs empowers global technology, policy, and business leaders with the necessary insights to address the risks and seize the opportunities presented by new financial protocols. Recently, they collaborated on a global, interdisciplinary study exploring design principles and affordances crucial for users in the context of central bank digital currencies (CBDCs). The study, led by Maiden Labs in social-science research, the MIT Digital Currency Initiative in technical research, and Financial Services for the Poor at the Bill & Melinda Gates Foundation in funding, identified five key technical affordances and design choices that could potentially enhance financial inclusion and minimize harm to the underprivileged.


Official website here: www.maidenlabs.org

Who is the CEO of Maiden Labs Inc?

Dr Tim Marple is the President of Maiden Labs Inc.


Official website here: www.maidenlabs.org

What is the revenue of Maiden Labs Inc?

Maiden Labs Inc's revenue in 2022 was $250,001.


Official website here: www.maidenlabs.org

Who are the executives of Maiden Labs Inc and what are their salaries?

There 7 volunteers at Maiden Labs Inc.


Here are 5 key members and their salaries:


Dr Tim Marple (President)
  • Compensation: $8,100
  • Related: $0
  • Other: $0
Dayana Meza (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Althea Pleters (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sumedha Deshmukh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shira Frank (Director)
  • Compensation: $46,664
  • Related: $0
  • Other: $0


Official website here: www.maidenlabs.org

Where can I find the form 990 for Maiden Labs Inc?

Maiden Labs Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.maidenlabs.org

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

Mission Statement of Maiden Labs Inc

Maiden Labs Inc, a non-profit user research lab, is dedicated to shaping the future of money by placing people at the forefront of decision-making processes. Their mission is to equip global technology, policy, and business leaders with the necessary insights to minimize risks and seize opportunities presented by emerging financial protocols. With a focus on digital currencies, Maiden Labs collaborated on a comprehensive study involving central banks worldwide, exploring critical design principles and currency affordances that significantly impact users.

Their research, which was a collaborative effort between Maiden Labs, the MIT Digital Currency Initiative, and Financial Services for the Poor at the Bill and Melinda Gates Foundation, identified five specific technical affordances and design choices that can boost financial inclusion and mitigate potential harm to the underprivileged. By emphasizing the importance of user-centered design in the development of digital currencies, Maiden Labs aims to ensure that these innovative financial systems cater to the needs of all individuals, promoting equitability and reducing potential negative impacts.

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Impact




October, 2024

Maiden Labs Inc significantly influences the landscape of digital currencies by prioritizing user-centered research and design principles that enhance financial inclusion. With a focus on the growing exploration of Central Bank Digital Currency (CBDC) by over 90% of the world’s central banks, Maiden Labs co-authored a comprehensive global study that highlights essential considerations for effective currency design.

The organization conducts extensive social-science research in partnership with the MIT Digital Currency Initiative and funding from the Bill and Melinda Gates Foundation. This collaboration has culminated in the identification of five technical affordances and design choices crucial for policymakers, industry leaders, and technologists. These findings aim to empower decision-makers with insights that can mitigate risks and harness the potential of new financial systems, ultimately fostering equitable access to financial services for marginalized populations.

By centering the voices of users in the development process, Maiden Labs drives a more inclusive dialogue around the future of money, ensuring that innovative financial protocols benefit everyone, particularly those in vulnerable positions. Through its efforts, the organization not only influences policy and technological advancements but also enhances the understanding of how digital currencies can be designed to support a more equitable financial ecosystem.




This information is meant to be a general summary of Maiden Labs 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
$250,001 (2022)
Expenses
$468,523 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $250,001

Assets and Liabilities:

  • Total Assets: $353,509
  • Total Liabilities: $79,964
  • Net Assets: $273,545

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Organization Details

Founding Year

2020

Principal Officer

Dr Tim Marple

Main Address

1005 36TH STREET, BOULDER, CO, 80303

NTEE Category

Code: P20 - Human services

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