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Nonprofit · EIN 46-0843878

OHIO STATE INNOVATION FOUNDATION

Tax-exempt · COLUMBUS, OH 43210

Financials

$15.3M$14.5M2022$10.3M$13.9M2023$14.2M$14.8M2024
Revenue Expenses · by fiscal year end
Financials of OHIO STATE INNOVATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,225,608$14,763,196-$537,588$6,416,379$787,938$5,628,441
June 30, 2024990$10,341,480$13,875,984-$3,534,504$6,204,033$31,379$6,172,654
June 30, 2023990$15,253,821$14,538,851$714,970$9,807,916$102,190$9,705,726
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,771,897
Program service revenue
$12,453,711
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$537,313
Accounting fees
$35,370
Program services (functional)
$14,763,196

Balance sheet and other

Total assets, start of year
$6,204,033
Total assets, end of year
$6,416,379
Total liabilities, end of year
$787,938
Net assets, end of year
$5,628,441
Net assets without donor restrictions
$5,628,441
Gross receipts
$14,225,608
Employees
0
Volunteers
0
Year formed
2012
State of legal domicile
OH

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER MOHLERDIRECTOR
Trustee or director
0.5$0$1,062,742$139,571
MICHAEL PAPADAKISCHAIRMAN
Trustee or director, Officer
0.1$0$983,509$143,147
KEVIN TAYLORPRESIDENT
Trustee or director, Officer
0.5$0$435,265$82,081
BECKY KAUFMANDIRECTOR
Trustee or director
0.5$0$420,788$79,160
PACO HERSONVICE PRESIDENT
Officer
0.5$0$406,100$84,620
CHERYL TURNBULLVICE PRESIDENT
Officer
4$0$236,535$68,870
DAVID MESSSECRETARY
Officer
0.5$0$221,763$65,552
SCOTT GRIFFINVICE PRESIDENT
Officer
0.5$0$250,335$30,514
THOMAS MITCHELLTREASURER
Officer
4$0$119,489$43,186
FALON DONOHUEDIRECTOR
Trustee or director
0.25$0$0$0
JIM TERRANOVADIRECTOR
Trustee or director
0.25$0$0$0
KATHY KUDIRECTOR
Trustee or director
0.25$0$0$0
KRISTEN LEUTEDIRECTOR
Trustee or director
0.25$0$0$0
RAY SHEALYDIRECTOR
Trustee or director
0.25$0$0$0
DERRICK BRENTDIRECTOR
Trustee or director
0.25$0$0$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL PAPADAKISCHAIRMAN
Trustee or director, Officer
0.1$0$920,252$133,557
PETER MOHLERDIRECTOR
Trustee or director
0.5$0$891,846$108,654
BECKY KAUFMANDIRECTOR
Trustee or director
0.5$0$409,279$73,555
PACO HERSONVICE PRESIDENT (BEGIN 10/23)
Officer
0.5$0$361,192$76,970
KEVIN TAYLORPRESIDENT
Trustee or director, Officer
0.5$0$362,820$72,430
R SCOTT OSBORNEFORMER PRESIDENT
Former
0$0$336,451$30,314
CHERYL TURNBULLVICE PRESIDENT
Officer
4$0$236,068$64,666
DAVID MESSSECRETARY
Officer
0.5$0$215,013$61,754
CASH MITCHELLTREASURER
Officer
4$0$117,150$39,146
FALON DONOHUEDIRECTOR
Trustee or director
0.25$0$0$0
RAY SHEALYDIRECTOR
Trustee or director
0.25$0$0$0
TIM WRIGHTDIRECTOR (THRU 10/23)
Trustee or director
0.25$0$0$0
JIM TERRANOVADIRECTOR
Trustee or director
0.25$0$0$0
KATHY KUDIRECTOR (BEGIN 10/23)
Trustee or director
0.25$0$0$0
KRISTEN LEUTEDIRECTOR (BEGIN 4/24)
Trustee or director
0.25$0$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL PAPADAKISCHAIRMAN
Trustee or director, Officer
0.1$0$836,360$124,911
GRACE WANGDIRECTOR
Trustee or director
0.25$0$676,004$96,259
R SCOTT OSBORNEPRESIDENT
Trustee or director, Officer
4$0$379,614$69,862
KEVIN TAYLORVICE PRESIDENT
Officer
0.5$0$337,145$68,645
CHERYL TURNBULLVICE PRESIDENT
Officer
4$0$227,450$51,032
DAVID MESSSECRETARY
Officer
0.5$0$184,410$55,759
CASH MITCHELLTREASURER (EFF 10/22)
Officer
4$0$62,962$14,038
TIM WRIGHTDIRECTOR
Trustee or director
0.25$0$0$0
JIM TERRANOVADIRECTOR
Trustee or director
0.25$0$0$0
RAY SHEALYDIRECTOR
Trustee or director
0.25$0$0$0
FALON DONOHUEDIRECTOR
Trustee or director
0.25$0$0$0

Address and contacts

Address (IRS master file)
2281 KENNY RD 2ND FLOOR, COLUMBUS, OH 43210-1158
Principal officer (990 for 2024)
KEVIN TAYLOR, 2281 KENNY RD 2ND FLOOR, COLUMBUS, OH 43210
Signed the 990
KEVIN TAYLOR, PRESIDENT
Phone
(614) 292-1315
Return prepared by
GBQ PARTNERS LLC

Mission

OHIO STATE INNOVATION FOUNDATION ("OSIF") IS A NOT-FOR-PROFIT OHIO CORPORATION FORMED TO MANAGE INTELLECTUAL PROPERTY DEVELOPED AT OR CREATED BY THE OHIO STATE UNIVERSITY ("OSU") AND TO FACILITATE THE COMMERCIALIZATION OF SUCH INTELLECTUAL PROPERTY ("IP"). OSU IS THE SOLE MEMBER OF OSIF, AND A MAJORITY OF THE DIRECTORS ON THE OSIF BOARD OF DIRECTORS ARE REPRESENTATIVE OF OSU. OSIF HAS NO EMPLOYEES. THE OPERATIONS OF OSIF ARE CONDUCTED BY THE TECHNOLOGY LICENSING OFFICE OF THE OSU OFFICE OF INNOVATION AND ECONOMIC DEVELOPMENT, PURSUANT TO CONTRACT.

990 for the year ended June 30, 2025

Program accomplishments

  • MANAGED INTELLECTUAL PROPERTY PORTFOLIO OF THE OHIO STATE UNIVERSITY.
    Expenses $14,194,680
  • MANAGED LICENSES OF TECHNOLOGY DEVELOPED AT THE OHIO STATE UNIVERSITY.
    Expenses $568,516 · revenue $12,453,711

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-0843878
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B05)
Assets (IRS master file)
$6,416,379
Income (IRS master file)
$14,225,608

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,225,608$14,763,196$6,416,379IRS
990-TJune 2025–––IRS
990June 2024$10,341,480$13,875,984$6,204,033IRS
990-TJune 2024–––IRS
990June 2023$15,253,821$14,538,851$9,807,916XML
990-TJune 2023–––IRS
990June 2022$23,467,827$18,713,684$18,998,036IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 46-0843878).

Questions about OHIO STATE INNOVATION FOUNDATION

What is the EIN of OHIO STATE INNOVATION FOUNDATION?
The employer identification number (EIN) of OHIO STATE INNOVATION FOUNDATION is 46-0843878.
Is OHIO STATE INNOVATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to OHIO STATE INNOVATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does OHIO STATE INNOVATION FOUNDATION 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 OHIO STATE INNOVATION FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OHIO STATE INNOVATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OHIO STATE INNOVATION FOUNDATION?
The 990 for the year ended June 30, 2025 names KEVIN TAYLOR.
Who are the officers and directors of OHIO STATE INNOVATION FOUNDATION?
The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does OHIO STATE INNOVATION FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,225,608, expenses of $14,763,196 and total assets of $6,416,379 at year end.

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