Nonprofit · EIN 27-3977364
NEW MARKETS LAB
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $577,192 | $585,896 | -$8,704 | $130,524 | $15,355 | $115,169 |
| December 31, 2023 | 990 | $723,860 | $614,342 | $109,518 | $137,334 | $13,461 | $123,873 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $577,192
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $240,000
- Other salaries and wages
- $78,133
- Salaries, compensation and benefits (total)
- $342,403
- Professional fundraising fees
- $0
- Accounting fees
- $2,175
- Occupancy
- $18,824
- Travel
- $45,938
- Depreciation
- $3,750
- Program services (functional)
- $494,952
- Management and general (functional)
- $44,371
- Fundraising (functional)
- $46,573
Balance sheet and other
- Total assets, start of year
- $137,334
- Total assets, end of year
- $130,524
- Total liabilities, end of year
- $15,355
- Net assets, end of year
- $115,169
- Net assets without donor restrictions
- $115,169
- Gross receipts
- $577,192
- Employees
- 3
- Volunteers
- 20
- Year formed
- 2010
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATRIN KUHLMANN | PRESIDENT & DIR Trustee or director, Officer | 40 | $240,000 |
| Scott Westfahl | Director Trustee or director | 1 | $0 |
| SUSAN SECHLER | Director Trustee or director | 1 | $0 |
| MARJORIE FLORESTAL | Director Trustee or director | 1 | $0 |
| ERIC TRACHTENBERG | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATRIN KUHLMANN | PRESIDENT & DIR Trustee or director, Officer | 40 | $240,000 |
| Scott Westfahl | Director Trustee or director | 1 | $0 |
| SUSAN SECHLER | Director Trustee or director | 1 | $0 |
| MARJORIE FLORESTAL | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 17TH ST NW STE 1000, WASHINGTON, DC 20036-4637
- In care of
- % EUGENE TERRY
- Signed the 990
- KATRIN KUHLMANN, PRESIDENT & DIR
- Phone
- (202) 309-5564
- Website
- NEWMARKETSLAB.ORG
- Return prepared by
- DUNHAM AUKAMP & RHODES PLC
Mission
THE CORPORATION IS ORGANIZED FOR THE CHARITABLE AND EDUCATIONAL PURPOSE OF: ADVANCE THE SPREAD OF SUSTAINABLE AND EQUITABLE COMMERCIAL AGRICULTURE ALONG AFRICA'S "DEVELOPMENT CORRIDORS" IN WAYS THAT MEASURABLY IMPROVE THE INCOME OF SMALL FARMERS AND INTEGRATE THEM INTO A DYNAMIC, INTERNATINALLY COMPETITIVE AGRICULTURAL SECTOR.
Program accomplishments
- In 2024, the New Markets Lab (NML) partnered with new and existing organizations to further its mission of advancing the spread of sustainable and equitable commercial agriculture to the benefit of small farmers and communities and leveraging law and regulation as a tool to advance economic and social development in an evolving global market.International Food Policy Research Institute (IFPRI): In 2024, NML continued its collaboration with IFPRI under the CGIAR Breeding for Tomorrow/Seed Equal Research Initiative. The Initiative aims to support the delivery of seed of improved, climate-resilient, market-preferred and nutritious varieties of priority crops that embody a high rate of genetic gain to farmers, ensuring equitable access for women and other disadvantaged groups. NML designed and documented an empirical mapping methodology for cross-country analysis of seed regulatory systems, structured around four core domains: (i) public varietal research, development, and transfer; (ii) seed variety registration and release; (iii) seed certification and quality assurance; and (iv) seed trade. The resulting comparative study featured Ethiopia, Rwanda, and Uganda for the Agricultural Systems Special Issue on Designing, Assessing and Scaling Approaches for Integrated Seed Sector Development (Walter de Boef, ed.). Using the methodology, NML conducted and expanded comparative assessments for Kenya, Tanzania, covering four domains: (i) public varietal research, development, and transfer; (ii) seed variety registration and release; (iii) seed certification and quality assurance; and (iv) seed trade. NML also added and significantly updated maps for Kenya and Tanzania and refreshed previously developed maps to reflect current statutes, regulations, and institutional practice.International Maize and Wheat Improvement Center (CIMYYT): In 2024, NML partnered with CIMMYT, an international CGIAR Research Center, focused on creating a more productive, inclusive, and resilient agri-food system (under the Accelerated Varietal Improvement and Seed Delivery of Legumes and Cereals in Africa (AVISA) Project, now the Dryland Legumes and Cereals Project). NML developed a suite of legal toolsincluding model licensing agreements, annotated guides, and customized frameworks for Ghana, Nigeria, and Tanzaniathat provide national agricultural research and extension services (NARES) with the practical foundation to operationalize licensing. Building on these tools, NML delivered targeted capacity building workshops in Ghana and Tanzania, strengthening institutional capacity to apply licensing concepts, comply with plant breeders rights and other relevant laws, and align with regional approaches across sub-Saharan Africa.Consortium Independent Study on Moratorium on Customs Duties on Electronic Transmissions: In 2024, NML wrapped up its work under the independent, partly self-funded study with a consortium of partners including AWS and SIA, entitled The MSME Moratorium: Stories from MSMEs in South Africa and Kenya on the WTO Moratorium on Customs Duties on Electronic Transmissions. The study relied on extensive fieldwork carried out in Kenya and South Africa to evaluate the potential effects of the Moratoriums expiration on micro-, small, and medium sized enterprises (MSMEs). The findings underscore the importance of inclusive trade policymaking, engaging stakeholders in consultations, and considering the voices of MSMEs in crafting new trade rules that affect digital trade.Nathan Associates LLC (now Cadmus Group LLC): In 2024, the Cadmus Group re-engaged the NML team to work on a project focused on analyzing the gender impacts of legal and policy changes that resulted from the implementation of the ASEAN Australia New Zealand Free Trade Agreement (AANZFTA). Under the project, NML was tasked with generating evidence at the national level, developing a research brief to inform and guide future activities of the Trade and Gender Incubator, and equipping government officials and trade negotiators with practicable information about priority gender issues that could be used to inform future trade agreements. Cornell University: In 2024, NML continued its work on a project with Cornell, Feed the Future, and the broader international development community on management of intellectual assets developed under federally funded projects. The project was co-led through the Feed the Future Innovation Lab for Crop Improvement (ILCI) based at Cornell. Based on analysis, interviews, and case studies, the study highlighted common challenges in intellectual asset management, scaling, and dissemination, leading to recommendations on how to strengthen agricultural technology dissemination and scaling and suggestions for developing a tailored U.S. framework on management of agricultural technology. The findings of the study were presented at a conference in Spring of 2024. United States Department of Agriculture (USDA) and Texas A&M Universitys Center for Education Technologies (TAMU): Building on its collaboration with USDA and TAMU to develop a companion toolkit to the WTO Standards and Trade and Development Facility (STDF) Good Regulatory Practices (GRP) toolkit on Sanitary and Phytosanitary (SPS) measures, NML led a series of workshops to test the digitized GRP SPS tool 2024. The workshops were attended by about 300 stakeholders in Nigeria, Zambia, Kenya, Gabon, and Botswana, including regulators from SPS regulatory agencies and the private sector.Expenses $494,952
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3977364
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P84)
- Assets (IRS master file)
- $130,524
- Income (IRS master file)
- $577,192
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $577,192 | $585,896 | $130,524 | XML |
| 990 | December 2023 | $723,860 | $614,342 | $137,334 | XML |
| 990 | December 2022 | $518,753 | $530,717 | $60,439 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3977364).
Questions about NEW MARKETS LAB
- What is the EIN of NEW MARKETS LAB?
- The employer identification number (EIN) of NEW MARKETS LAB is 27-3977364.
- Is NEW MARKETS LAB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to NEW MARKETS LAB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW MARKETS LAB file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW MARKETS LAB due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW MARKETS LAB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of NEW MARKETS LAB?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $240,000 (KATRIN KUHLMANN, PRESIDENT & DIR).
- How much revenue does NEW MARKETS LAB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $577,192, expenses of $585,896 and total assets of $130,524 at year end.
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