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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>PURSUANT TO MURMURATION'S COMPENSATION POLICY, THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF ALL CHIEF EMPLOYED EXECUTIVES, OFFICERS, AND KEY EMPLOYEES AT THE TIME OF HIRING AND ON ANNUAL BASIS THEREAFTER. THE MOST RECENT REVIEW OF COMPENSATION PURSUANT TO THE COMPENSATION POLICY TOOK PLACE IN DECEMBER 2023. IN REVIEWING AND APPROVING COMPENSATION PURSUANT TO THE POLICY, THE BOARD USES COMPARABILITY DATA TO DETERMINE THE FAIR MARKET VALUE OF THE COMPENSATION, ENSURES THAT ONLY IMPARTIAL DECISION-MAKERS ARE INVOLVED IN THE REVIEW AND APPROVAL PROCESS, AND DOCUMENTS CONCURRENTLY WITH ITS DECISIONS HOW IT REACHED THOSE DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VII, SECTION A:</FormAndLineReferenceDesc>
        <ExplanationTxt>MURMURATION INC. AND MURMURATION HOLDINGS INC. ARE RELATED ORGANIZATIONS. THEY ARE ALSO AFFILIATED WITH MURMURATION RESEARCH INSTITUTE, A SEPARATE 501(C)(3) ORGANIZATION. MURMURATION AND MURMURATION HOLDINGS, INC. ARE PARTIES TO A COST SHARING REIMBURSEMENT AGREEMENT UNDER WHICH THEY REIMBURSE MURMURATION RESEARCH INSTITUTE FOR PERSONNEL COSTS. AMOUNTS REPORTED AS COMPENSATION ON PART VII REFLECT THE AMOUNTS ALLOCATED TO MURMURATION, INC. RELATED PARTY COMPENSATION REPORTED ON PART VII REFLECT THE AMOUNTS ALLOCATED TO MURMURATION HOLDINGS INC.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>GAIN FROM SUBSIDIARIES 211,755.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
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        <DisregardedEntityName>
          <BusinessNameLine1Txt>MURMURATION PAC INC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>44 WALL STREET SUITE 1600</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10005</ZIPCd>
        </USAddress>
        <EIN>871745116</EIN>
        <PrimaryActivitiesTxt>POLITICAL ACTIVITY</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>DE</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>527</ExemptCodeSectionTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>MURMURATION INC</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>1</ControlledOrganizationInd>
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        <RelatedOrganizationName>
          <BusinessNameLine1Txt>MURMURATION HOLDINGS LLC</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>44 WALL STREET 1600</AddressLine1Txt>
          <CityNm>NEW YORK CITY</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10005</ZIPCd>
        </USAddress>
        <EIN>833151282</EIN>
        <PrimaryActivitiesTxt>HOLDING COMPANY</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>DE</LegalDomicileStateCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>MURMURATION INC</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <EntityTypeTxt>C</EntityTypeTxt>
        <ShareOfTotalIncomeAmt>309580</ShareOfTotalIncomeAmt>
        <ShareOfEOYAssetsAmt>53394</ShareOfEOYAssetsAmt>
        <OwnershipPct>1.00000</OwnershipPct>
        <ControlledOrganizationInd>1</ControlledOrganizationInd>
      </IdRelatedOrgTxblCorpTrGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>0</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>0</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>0</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>0</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>0</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>0</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>0</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>0</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>0</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>0</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>0</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>0</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>0</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>0</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
    </IRS990ScheduleR>
  </ReturnData>
</Return>