2024-11-12T18:02:20-05:00 2023-12-31 205855985 WATERS & COMPANY LLC 3311 CANDELARIA NE SUITE J ALBUQUERQUE NM 871071952 990 2023-01-01 842181021 SECONDMUSE FOUNDATION SECO 5148068023 401 ASH ST SUITE B LAKE OSWEGO OR 97034 ERICA BARBOSA TREASURER 9524869062 2024-09-23 true true OLLIE D WATERS P00072561 5052600616 2024-11-08 2023 2024-10-15 13:58:12Z NICOLE MCDONALD 401 ASH ST SUITE B LAKE OSWEGO OR 97034 4771822 false X SECONDMUSEFOUNDATION.ORG X 2019 DE THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. 6 4 15 0 5711605 4651957 0 15518 119865 0 5727123 4771822 646327 773725 0 1515615 1395698 0 0 4516082 4788854 6678024 6958277 -950901 -2186455 7411487 4645845 1666139 1086952 5745348 3558893 X THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. false false 5811109 773725 THE SECONDMUSE FOUNDATIONS ACCOMPLISHMENTS BOTH THROUGH DIRECT IMPLEMENTATION AND FISCAL SPONSORSHIP OF PROGRAMS, HAVE SIGNIFICANTLY CONTRIBUTED TO ENHANCING THE WELL-BEING OF BOTH PEOPLE AND THE PLANET. IN 2023, WE CONTINUED IMPLEMENTING OUR FLAGSHIP PROGRAM, GET (GENDER EQUITY IN TECH) CITIES, TO RADICALLY INCREASE EQUITY IN TECH. IN THAT, WE INVESTED 1M IN FIVE OF THE TECH EQUITY WORKING GROUP PILOTS AS THEY TRANSITIONED INTO NEW LOCAL HOST ORGANIZATIONS, RELEASED GROUND-BREAKING REPORTS AND PUBLISHED VARIOUS ARTICLES, HOSTED A TOTAL OF 98 EVENTS AND MORE THAN 2,000 ECOSYSTEM CONVERSATIONS THROUGH THOUGHT-PROVOKING CONFERENCES AND ENGAGING PANELS AND WORKSHOPS. THIS PROGRAM WILL BE CONCLUDED IN 2024. IN ADDITION, THE FOUNDATION HAS ALSO FISCALLY SPONSORED 5 PROJECTS. THE INCLUSIVE CAPITAL COLLECTIVE (ICC) WAS IMPLEMENTED FROM 2021 CONCLUDING IN 2023 WITH THE AIM TO DEVELOP CATALYTIC CAPITAL INSTRUMENTS TO ACCELERATE AND AMPLIFY THE WORK OF ITS MEMBERS. IT WAS POSSIBLE TO BUILD A DIGITAL INFRASTRUCTURE & SOFTWARE ENGINEERING, CREATE FINANCE FACILITY AND A REGRANTING FACILITY, HOST VIRTUAL SHOWCASES, LABS, OTHER INFORMATIONAL EVENTS, PUBLISHED CASE STUDIES AND ARTICLES AND MOST IMPORTANTLY, CREATE A SELF-SUSTAINING BUSINESS MODEL FOR THE ICC TO SPIN OUT IN 2024. THE INCUBATION NETWORK (TIN) STARTED IN 2019 AND CONCLUDED IN 2023 WITH THE OBJECTIVE TO CREATE NEW RESILIENT WASTE SYSTEMS BY DEVELOPING, PROMOTING AND INVESTING IN TECHNOLOGIES, BUSINESS MODELS AND ENTREPRENEURS FOCUSED ON OCEAN PLASTIC POLLUTION MITIGATION AND THE CREATION OF MORE CIRCULAR ECONOMIES IN SOUTH AND SOUTHEAST ASIA. REGENERATIVE MONTEREY WAS A NEW INITIATIVE FUNDED BY 14 DONORS FOCUSED ON BUILDING REGENERATIVE AND CLIMATE POSITIVE ECONOMIC DEVELOPMENT IN MONTEREY, CA, SHOWCASING THE POTENTIAL FOR BOOSTING MONTEREYS ECONOMY THROUGH SUSTAINABLE, FAIR, AND DIVERSE WAYS IN TOURISM, AGRICULTURE, BUILDING/CONSTRUCTION TRADES, AND MARINE INDUSTRIES. THE FUTURE ECONOMY LAB ASIA, FOCUSED ON INNOVATING HOW WE CREATE FINANCIAL MECHANISMS AND COLLABORATIVE STRATEGIES ACROSS REGIONS, IMPACT SECTORS, AND COMMUNITIES AROUND THE WORLD. THE SECONDMUSE FOUNDATION SPONSORED A GRANT FROM THE VISA FOUNDATION, TO DESIGN PROGRAMS THAT ADDRESS BARRIERS FACED BY GENDER-SMART, CLIMATE-POSITIVE BUSINESSES IN ACCESSING CAPITAL IN SOUTH AND SOUTHEAST ASIA. THE FOUNDATION HAS BEEN SUPPORTING AND SPONSORING BLACK TECH STREET (BTS) SINCE ITS INCEPTION. IN 2023, IT HOSTED DEF CON 31 IN COLLABORATION WITH THE WHITE HOUSE AND MANY OTHER ORGANIZATIONS. IT WAS NAMED PART OF THE NATIONAL CYBER WORKFORCE AND EDUCATION STRATEGY AND THE FOUNDER AND EXECUTIVE DIRECTOR, TYRANCE BILLINGSLEY II, TESTIFIED AT THE CONGRESSIONAL BLACK CAUCUS AND U.S. SENATE COMMITTEE ON THE AI AND THE FUTURE OF WORK. IN ADDITION, BTS CREATED A LONG-TERM ALLIANCE BETWEEN MICROSOFT AND THE GREENWOOD COMMUNITY FOR THE DIGITAL TRANSFORMATION OF BLACK WALL STREET TO TRAIN 1000 BLACK TECH PROFESSIONALS. IT WILL CONTINUE IMPLEMENTATION IN 2024. 5811109 true true false false false false false false false false false false false false false true true false false false true true false false false false false true false false false false false false false false false true false false false false false false false false false true 73 0 15 true false false false false false false false false X 6 4 true false false false false false false true true false false true true true true true true true true false DE X X ERICA BARBOSA 5148068023 401 ASH ST SUITE B LAKE OSWEGO OR 97034 X NICOLE MCDONALD PRESIDENT 2.00 X X 0 0 0 ERICA BARBOSA TREASURER 2.00 X X 0 0 0 TODD KHOZEIN DIRECTOR 2.00 X 0 0 0 ANTHONY JEWETT DIRECTOR 2.00 X 0 0 0 SARAH OWEN DIRECTOR 2.00 X 0 0 0 false false false SECONDMUSE LLC PO BOX 582 BERNALILLO NM 87004 CONSULTING 3086789 1 4651957 4651957 119865 119865 4771822 119865 X 505500 505500 268225 268225 1240133 1007322 232811 53290 43286 10004 102275 83075 19200 20175 20175 4352302 3533910 818392 16137 16137 96884 95986 898 64777 45861 18916 38976 38976 141106 137929 3177 16399 13288 3111 5437 55 5382 MISCELLANEOUS 36661 21559 15102 6958277 5811109 1147168 0 838925 2406730 6430546 2238715 141600 400 416 7411487 4645845 1666139 1086952 1666139 1086952 X 1427150 1396792 4318198 2162101 5745348 3558893 7411487 4645845 -2186455 X true X true X true false X 1699029 2298429 9612360 5711605 4651957 23973380 1699029 2298429 9612360 5711605 4651957 23973380 23973380 3 350 15518 119865 135736 47 47 24109163 47 X PART II, LINE 10 47 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 4771822 4771822 4771822 6958277 6958277 6958277 SCHEDULE D, PAGE 3, PART X SECONDMUSE FOUNDATION ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ORGANIZATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. AS OF DECEMBER 31, 2023, THERE WERE NO UNCERTAIN TAX POSITIONS NOTED. SECONDMUSE FOUNDATION'S' POLICY IS TO CLASSIFY INCOME TAX PENALTIES AND INTEREST, WHEN APPLICABLE, ACCORDING TO THEIR NATURAL CLASSIFICATION. UNDER THE STATUTE OF LIMITATIONS, SECONDMUSE FOUNDATION'S TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR YEARS PRIOR TO 2020. true THAILAND PROGRAM ENVIRONMENTAL 268225 268225 268225 ENVIRONMENTAL 40000 EFT ENVIRONMENTAL 45475 ENVIRONMENTAL 49000 ENVIRONMENTAL 26750 ENVIRONMENTAL 26750 TECHNOLOGY 26750 ENVIRONMENTAL 26750 TECHNOLOGY 26750 8 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 EACH GRANT IS INITIATED WITH A LEGAL AGREEMENT BEFORE THE DISTRIBUTION OF FUNDS. FUNDS ARE DISTRIBUTED INCREMENTALLY SO SOME RECOURSE IS AVAILABLE SHOULD AN ISSUE ARISE. GRANTS ARE MONITORED THROUGH ONGOING MEETINGS OR OTHER ENGAGEMENTS AS APPROPRIATE FOR THE DURATION OF THE GRANT. SCHEDULE F, PAGE 1, PART I, LINE 3 THAILAND 268,225 0 true BLACK META AGENCY 1325 G STREET NW WASHINGTON DC 20005 10000 MINORITIES IN TECH CHICAGO BLEND GROUP 2833 N BURLING ST APT 2N CHICAGO IL 60657 852034595 501 C3 15000 DIVERSITY IN VC DEPAUL UNIVERSITY 1 E JACKSON BLVD CHICAGO IL 60604 362167048 501 C3 15000 EDUCATION LATINAS IN TECH 455 MORAGA RD STE I MORAGA CA 94556 831493724 501 C3 10000 MINORITIES IN TECH MIAMI FOUNDATION 40 NW 3RD STREET SUITE 305 MIAMI FL 33128 650350357 501 C3 211500 PHILANTHROPHY P33 1234 W FULTON MARKET CHICAGO IL 60607 832851368 501C3 10000 SUPPORT ENTREPRENEUR BLACK TECH STREET 1723 SOUTH JACKSON AVE APT 24 GG TULSA OK 74107 142000 MINORITIES IN TECH CHICAGO INNOVATION FOUNDATION 2001 N HALSTEAD ST CHICAGO IL 60614 451225075 501 C3 20000 TECHNOLOGY / INNOVAT OUT IN TECH INC 500 7TH AVE C/O WEWORK 12A104 NEW YORK NY 10018 464379985 501C3 20000 MINORITIES IN TECH UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 362177139 501C3 50000 PHILANTHROPY 9 2 SECONDMUSE LLC MEMBER 25% OWNER false SECONDMUSE LLC MEMBER 25% OWNER false SCHEDULE L, PART V TODD KHOZEIN, AND CARRIE FREEMAN EACH OWN A 25% SHARE OF SECONDMUSE LLC. SECONDMUSE LLC PROVIDES SERVICES TO THE SECONDMUSE FOUNDATION. FORM 990 - ORGANIZATION'S MISSION THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE. FORM 990, PAGE 2, PART III, LINE 4A THE SECONDMUSE FOUNDATIONS ACCOMPLISHMENTS BOTH THROUGH DIRECT IMPLEMENTATION AND FISCAL SPONSORSHIP OF PROGRAMS, HAVE SIGNIFICANTLY CONTRIBUTED TO ENHANCING THE WELL-BEING OF BOTH PEOPLE AND THE PLANET. IN 2023, WE CONTINUED IMPLEMENTING OUR FLAGSHIP PROGRAM, GET (GENDER EQUITY IN TECH) CITIES, TO RADICALLY INCREASE EQUITY IN TECH. IN THAT, WE INVESTED 1M IN FIVE OF THE TECH EQUITY WORKING GROUP PILOTS AS THEY TRANSITIONED INTO NEW LOCAL HOST ORGANIZATIONS, RELEASED GROUND-BREAKING REPORTS AND PUBLISHED VARIOUS ARTICLES, HOSTED A TOTAL OF 98 EVENTS AND MORE THAN 2,000 ECOSYSTEM CONVERSATIONS THROUGH THOUGHT-PROVOKING CONFERENCES AND ENGAGING PANELS AND WORKSHOPS. THIS PROGRAM WILL BE CONCLUDED IN 2024. IN ADDITION, THE FOUNDATION HAS ALSO FISCALLY SPONSORED 5 PROJECTS. THE INCLUSIVE CAPITAL COLLECTIVE (ICC) WAS IMPLEMENTED FROM 2021 CONCLUDING IN 2023 WITH THE AIM TO DEVELOP CATALYTIC CAPITAL INSTRUMENTS TO ACCELERATE AND AMPLIFY THE WORK OF ITS MEMBERS. IT WAS POSSIBLE TO BUILD A DIGITAL INFRASTRUCTURE & SOFTWARE ENGINEERING, CREATE FINANCE FACILITY AND A REGRANTING FACILITY, HOST VIRTUAL SHOWCASES, LABS, OTHER INFORMATIONAL EVENTS, PUBLISHED CASE STUDIES AND ARTICLES AND MOST IMPORTANTLY, CREATE A SELF-SUSTAINING BUSINESS MODEL FOR THE ICC TO SPIN OUT IN 2024. THE INCUBATION NETWORK (TIN) STARTED IN 2019 AND CONCLUDED IN 2023 WITH THE OBJECTIVE TO CREATE NEW RESILIENT WASTE SYSTEMS BY DEVELOPING, PROMOTING AND INVESTING IN TECHNOLOGIES, BUSINESS MODELS AND ENTREPRENEURS FOCUSED ON OCEAN PLASTIC POLLUTION MITIGATION AND THE CREATION OF MORE CIRCULAR ECONOMIES IN SOUTH AND SOUTHEAST ASIA. REGENERATIVE MONTEREY WAS A NEW INITIATIVE FUNDED BY 14 DONORS FOCUSED ON BUILDING REGENERATIVE AND CLIMATE POSITIVE ECONOMIC DEVELOPMENT IN MONTEREY, CA, SHOWCASING THE POTENTIAL FOR BOOSTING MONTEREYS ECONOMY THROUGH SUSTAINABLE, FAIR, AND DIVERSE WAYS IN TOURISM, AGRICULTURE, BUILDING/CONSTRUCTION TRADES, AND MARINE INDUSTRIES. THE FUTURE ECONOMY LAB ASIA, FOCUSED ON INNOVATING HOW WE CREATE FINANCIAL MECHANISMS AND COLLABORATIVE STRATEGIES ACROSS REGIONS, IMPACT SECTORS, AND COMMUNITIES AROUND THE WORLD. THE SECONDMUSE FOUNDATION SPONSORED A GRANT FROM THE VISA FOUNDATION, TO DESIGN PROGRAMS THAT ADDRESS BARRIERS FACED BY GENDER-SMART, CLIMATE-POSITIVE BUSINESSES IN ACCESSING CAPITAL IN SOUTH AND SOUTHEAST ASIA. THE FOUNDATION HAS BEEN SUPPORTING AND SPONSORING BLACK TECH STREET (BTS) SINCE ITS INCEPTION. IN 2023, IT HOSTED DEF CON 31 IN COLLABORATION WITH THE WHITE HOUSE AND MANY OTHER ORGANIZATIONS. IT WAS NAMED PART OF THE NATIONAL CYBER WORKFORCE AND EDUCATION STRATEGY AND THE FOUNDER AND EXECUTIVE DIRECTOR, TYRANCE BILLINGSLEY II, TESTIFIED AT THE CONGRESSIONAL BLACK CAUCUS AND U.S. SENATE COMMITTEE ON THE AI AND THE FUTURE OF WORK. IN ADDITION, BTS CREATED A LONG-TERM ALLIANCE BETWEEN MICROSOFT AND THE GREENWOOD COMMUNITY FOR THE DIGITAL TRANSFORMATION OF BLACK WALL STREET TO TRAIN 1000 BLACK TECH PROFESSIONALS. IT WILL CONTINUE IMPLEMENTATION IN 2024. FORM 990, PAGE 6, PART VI, LINE 2 SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS SECONDMUSE LLC SECONDMUSE LLC MEMBER MEMBER CO-OWNERS FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND SELECTED MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ACCEPTANCE AND SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT LEAST ANNUALLY. THE ANNUAL DISCLOSURE FORM APPENDED TO THE END OF THESE BOARD GOVERNANCE POLICIES, SHALL BE COMPLETED AND SUBMITTED BY EACH OFFICER AND DIRECTOR AT THE FIRST SECONDMUSE FOUNDATION MEETING OF THE CALENDAR YEAR OF THE BOARD OF DIRECTORS, AND MAINTAINED IN THE PERMANENT CORPORATE RECORDS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS SHALL OVERSEE THE SETTING OF EXECUTIVE COMPENSATION AND SHALL (1) DETERMINE COMPENSATION OF ALL DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES,AND (2) REVIEW, ASSESS AND APPROVE THE REASONABLENESS OF SUCH COMPENSATION ON A REGULAR BASIS. IN ORDER TO BE APPROVED AS REASONABLE, COMPENSATION MUST BE AN AMOUNT THAT WOULD ORDINARILY BE PAID FOR COMPARABLE WORK BY SIMILARLY SITUATED ORGANIZATIONS UNDER LIKE CIRCUMSTANCES. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS SHALL OVERSEE THE SETTING OF EXECUTIVE COMPENSATION AND SHALL (1) DETERMINE COMPENSATION OF ALL DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES,AND (2) REVIEW, ASSESS AND APPROVE THE REASONABLENESS OF SUCH COMPENSATION ON A REGULAR BASIS. IN ORDER TO BE APPROVED AS REASONABLE, COMPENSATION MUST BE AN AMOUNT THAT WOULD ORDINARILY BE PAID FOR COMPARABLE WORK BY SIMILARLY SITUATED ORGANIZATIONS UNDER LIKE CIRCUMSTANCES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AND ON THE SECONDMUSE FOUNDATION WEBSITE. FORM 990, PART IX, LINE 11G CONTRACTORS 2,152,440 492,792 0 OTHER PROFESSIONAL 1,381,470 325,600 0 TOTAL 3,533,910 818,392 0