Nonprofit · EIN 47-4422640
XQ INSTITUTE
Tax-exempt · PALO ALTO, CA 94306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $69,425,077 | $70,000,353 | -$575,276 | $10,834,287 | $10,366,199 | $468,088 |
| December 31, 2023 | 990-PF | $64,656,700 | $73,486,092 | -$8,829,392 | $4,904,857 | $3,061,312 | $1,843,545 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $68,918,826
- Interest
- $331,226
- Other income
- $175,025
Expenses
- Grants and similar amounts paid
- $18,161,119
- Compensation of officers, directors and key employees
- $771,045
- Salaries, compensation and benefits (total)
- $10,832,828
- Disbursements for charitable purposes
- $62,696,067
- Excise tax on investment income
- $4,578
Balance sheet and other
- Total assets, start of year
- $4,904,857
- Total assets, end of year
- $10,834,287
- Total liabilities, end of year
- $10,366,199
- Net assets, end of year
- $468,088
- Fair market value of assets
- $10,834,287
- Qualifying distributions
- $62,696,067
- Net investment income
- $331,226
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THEODORE MARTSON 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF PRODUCT OFFICE Highest-paid employee | 40 | $500,139 | $22,911 |
| JEANIE LEE 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF PROGRAM OFFICE Highest-paid employee | 40 | $399,570 | $32,187 |
| MOLLY MAUER 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF OPERATING OFFICER | 40 | $395,899 | $33,904 |
| KATHRYN TAGUE 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF LEGAL OFFICER Highest-paid employee | 40 | $382,614 | $36,853 |
| ANNE MACKINNON 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | SENIOR ADVISOR Highest-paid employee | 40 | $374,549 | $41,973 |
| MICHAEL EVANS 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | HEAD OF CREATIVE Highest-paid employee | 40 | $369,456 | $34,421 |
| JONATHAN DOOLEY 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF FINANCIAL AND ADM OFFICER | 40 | $258,472 | $38,300 |
| JEYACHANDRAN RATNAGOPAL 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF FINANCIAL OFFICER (THRU 1/31/24) | 40 | $116,674 | $3,312 |
| LAURENE POWELL JOBS 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHAIR OF THE BOARD | 10 | $0 | $0 |
| RUSSLYNN ALI 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF EXECUTIVE OFFICER | 35 | $0 | $0 |
| MICHAEL KLEIN 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | DIRECTOR | 3 | $0 | $0 |
| GEOFFREY CANADA 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | TREASURER | 3 | $0 | $0 |
| YO-YO MA 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | DIRECTOR | 3 | $0 | $0 |
| MARC ECKO 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | SECRETARY | 25 | $0 | $0 |
| JIMMY IOVINE 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | DIRECTOR | 3 | $0 | $0 |
990-PF for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THEODORE MARTSON 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF PRODUCT OFFICE Highest-paid employee | 40 | $464,113 | $21,525 |
| MOLLY MAUER 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF OPERATING OFFICER | 40 | $461,996 | $31,833 |
| JEANIE LEE 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF PROGRAM OFFICE Highest-paid employee | 40 | $409,288 | $30,654 |
| ANNE MACKINNON 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | SENIOR ADVISOR Highest-paid employee | 40 | $395,698 | $39,760 |
| MICHAEL EVANS 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | HEAD OF CREATIVE Highest-paid employee | 40 | $389,597 | $32,280 |
| KATHRYN TAGUE 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF LEGAL OFFICER Highest-paid employee | 40 | $384,750 | $36,284 |
| JEYACHANDRAN RATNAGOPAL 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF FINANCIAL AND BUDGET OFFICER | 40 | $367,753 | $27,398 |
| LAURENE POWELL JOBS 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHAIR OF THE BOARD | 10 | $0 | $0 |
| RUSSLYNN ALI 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | CHIEF EXECUTIVE OFFICER | 35 | $0 | $0 |
| MICHAEL KLEIN 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | DIRECTOR | 3 | $0 | $0 |
| GEOFFREY CANADA 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | TREASURER | 3 | $0 | $0 |
| YO-YO MA 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | DIRECTOR | 3 | $0 | $0 |
| MARC ECKO 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | SECRETARY | 35 | $0 | $0 |
| JIMMY IOVINE 248 3RD STREET SUITE 319, OAKLAND, CA 94607 | DIRECTOR | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 61239, PALO ALTO, CA 94306-6239
- Signed the 990-PF
- JON DOOLEY, CHIEF FIN & ADMIN OFFICER
- Phone
- (650) 210-5118
- Website
- XQSUPERSCHOOL.ORG
- Return prepared by
- HOOD & STRONG LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 47-4422640 or by the name XQ INSTITUTE.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-4422640
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $10,834,287
- Income (IRS master file)
- $69,425,077
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $69,425,077 | $70,000,353 | $10,834,287 | XML |
| 990-PF | December 2023 | $64,656,700 | $73,486,092 | $4,904,857 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | 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 47-4422640).
Questions about XQ INSTITUTE
- What is the EIN of XQ INSTITUTE?
- The employer identification number (EIN) of XQ INSTITUTE is 47-4422640.
- Is XQ INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to XQ INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does XQ INSTITUTE file?
- Form 990-PF. Private foundations file every year.
- When is the next return of XQ INSTITUTE 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 XQ INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of XQ INSTITUTE?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 8 received compensation from the organization, the highest $500,139 (THEODORE MARTSON, CHIEF PRODUCT OFFICE).
- How much revenue does XQ INSTITUTE have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $69,425,077, expenses of $70,000,353 and total assets of $10,834,287 at year end.
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