Nonprofit · EIN 87-3213298
PROJECT LIBERTY INSTITUTE
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $11,425,472 | $4,886,388 | $6,539,084 | $4,869,327 | $19,565,968 | -$14,696,641 |
| December 31, 2024 | 990 | $26,552,436 | $6,068,091 | $20,484,345 | $7,474,351 | $26,205,107 | -$18,730,756 |
| December 31, 2023 | 990 | $15,048,195 | $9,401,973 | $5,646,222 | $6,240,925 | $45,461,056 | -$39,220,131 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $11,425,418
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $54
Expenses
- Grants and similar amounts paid
- $1,950,000
- Other salaries and wages
- $1,145,850
- Salaries, compensation and benefits (total)
- $1,321,032
- Professional fundraising fees
- $0
- Legal fees
- $22,380
- Accounting fees
- $137,713
- Occupancy
- $45,879
- Travel
- $168,503
- Depreciation
- $9,841
- Program services (functional)
- $4,199,697
- Management and general (functional)
- $686,691
Balance sheet and other
- Total assets, start of year
- $7,474,351
- Total assets, end of year
- $4,869,327
- Total liabilities, end of year
- $19,565,968
- Net assets, end of year
- -$14,696,641
- Land, buildings and equipment
- $357
- Net assets without donor restrictions
- -$14,696,641
- Gross receipts
- $11,425,472
- Employees
- 4
- Volunteers
- 4
- Year formed
- 2021
- State of legal domicile
- DE
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES BELL | HEAD OF STRATEGIC INSIGHTS Highest-paid employee | 40 | $360,599 | $54,965 |
| JESSICA THEODULE | RESEARCH MNGR OF STRATEGIC INSIGHTS Highest-paid employee | 40 | $134,622 | $33,917 |
| SARA WEKSELBLATT | FINANCE & HR SENIOR MANAGER Highest-paid employee | 40 | $126,295 | $21,773 |
| FRANK MCCOURT | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARIA CANCIAN | SECRETARY Trustee or director, Officer | 0.05 | $0 | $0 |
| TOMICAH TILLEMANN | DIRECTOR, (SEE SCH O) Trustee or director | 4 | $0 | $0 |
| ALBERTO BEECK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SHEILA WARREN | PRESIDENT & CEO, (SEE SCH O) Officer | 20 | $0 | $0 |
| KILA ENGLEBROOK | OFFICER, (SEE SCH O) Officer | 10 | $0 | $0 |
| JOSEPH RILEY | TREASURER Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES BELL | HEAD OF STRATEGIC INSIGHTS Highest-paid employee | 40 | $346,115 | $67,706 |
| ERIK SUHONEN - HEAD | OF ECOSYSTEM GROWTH (UNTIL 9/24) Highest-paid employee | 40 | $257,270 | $37,640 |
| JESSICA THEODULE | RESEARCH MANAGER OF STRAT. INSIGHTS Highest-paid employee | 40 | $136,674 | $46,306 |
| SARA WEKSELBLATT | FINANCE & HR SENIOR MANAGER Highest-paid employee | 40 | $134,511 | $31,089 |
| KILA ENGLEBROOK - HEAD OF | OPS/OFCR (FROM 4/24) (SEE SCH O) Officer | 10 | $53,609 | $8,135 |
| FRANK MCCOURT | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARIA CANCIAN | SECRETARY Trustee or director, Officer | 0.05 | $0 | $0 |
| ALBERTO BEECK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOSEPH RILEY | TREASURER Officer | 1 | $0 | $0 |
| TOMICAH TILLEMANN | PRESIDENT & CEO (SEE SCH O) Officer | 15 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARTINA LARKIN | CEO Officer | 1 | $0 | $426,079 | $0 |
| LARA GALINSKY | HEAD OF PARTNERSHIPS (BEG. 3/23) Highest-paid employee | 40 | $273,563 | $0 | $41,744 |
| JAMES BELL | HEAD OF STRAT. INSIGHTS (BEG. 4/23) Highest-paid employee | 40 | $259,116 | $0 | $44,595 |
| KILA ENGLEBROOK | HEAD OF OPERATIONS (BEG. 3/23) Highest-paid employee | 40 | $256,998 | $0 | $29,320 |
| ELIZABETH CAPUTO | HEAD OF STRAT. INITIAT. (BEG. 2/23) Highest-paid employee | 40 | $231,670 | $0 | $32,521 |
| ERIK SUHONEN | HEAD OF ECOSYSTEM GROWTH (BEG. 5/23) Highest-paid employee | 40 | $227,827 | $0 | $28,191 |
| FRANK MCCOURT | CHAIR Trustee or director, Officer | 25 | $0 | $0 | $0 |
| MARIA CANCIAN | SECRETARY (BEG. 8/23) Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| ALBERTO BEECK | DIRECTOR (BEG. 8/23) Trustee or director | 0.25 | $0 | $0 | $0 |
| JOSEPH RILEY | TREASURER Officer | 2 | $0 | $0 | $0 |
| JOSEPH WHITE | SECRETARY (THROUGH 8/23) Officer | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 501 WEST 30TH ST 37 FL, NEW YORK, NY 10001-1350
- Principal officer (990 for 2025)
- FRANK MCCOURT, 501 WEST 30TH ST 37 FL, NEW YORK, NY 10001
- Signed the 990
- JOSEPH RILEY, TREASURER
- Phone
- (332) 330-2695
- Website
- WWW.PROJECTLIBERTY.IO
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
TO CREATE A NEW CIVIC ARCHITECTURE FOR THE DIGITAL WORLD THAT RETURNS THE OWNERSHIP AND CONTROL OF PERSONAL DATA TO INDIVIDUALS, EMBEDS ETHICAL VALUES INTO TECHNOLOGY, AND EXPANDS ECONOMIC OPPORTUNITIES FOR WEB USERS AND DEVELOPERS ALIKE.
Program accomplishments
- PROJECT LIBERTY INSTITUTE CONDUCTS AND PROVIDES FUNDING FOR RESEARCH AND TECHNOLOGY PROJECTS THAT FURTHER THE EDUCATION OF THE PUBLIC AND THE SCIENTIFIC COMMUNITY'S UNDERSTANDING OF THE IMPACT OF TECHNOLOGY ON SOCIETY, INCLUDING AN ENHANCED UNDERSTANDING OF, AND ADVANCEMENT OF, DATA PRIVACY, ONLINE RELATIONSHIPS, AND NEW DIGITAL GOVERNANCE AND DIGITAL SHARED ECONOMIC MODELS.Expenses $3,274,944 · grants $1,570,000
- PROJECT LIBERTY INSTITUTE ORGANIZES AND PARTICIPATES IN REGULAR EVENTS, CONVENINGS AND EDUCATIONAL CAMPAIGNS OF TECHNOLOGISTS, ETHICISTS, LEGAL EXPERTS, ENTREPRENEURS, SOCIAL INNOVATORS AND OTHER EXPERTS IN THE UNITED STATES, UNITED KINGDOM, FRANCE, AND ELSEWHERE TO FOSTER DIALOGUE AND DEVELOP COMPREHENSIVE RECOMMENDATIONS TO EXPLORE AND ADVANCE BETTER MODELS OF DIGITAL ECOSYSTEMS.Expenses $924,753 · grants $380,000
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 | 990 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
- 87-3213298
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U05)
- Assets (IRS master file)
- $4,869,327
- Income (IRS master file)
- $11,425,472
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $11,425,472 | $4,886,388 | $4,869,327 | XML |
| 990 | December 2024 | $26,552,436 | $6,068,091 | $7,474,351 | XML |
| 990 | December 2023 | $15,048,195 | $9,401,973 | $6,240,925 | XML |
| 990 | December 2022 | $13,800,000 | $39,098,768 | $1,261,127 | IRS |
| 990 | December 2021 | – | – | – | 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 87-3213298).
Questions about PROJECT LIBERTY INSTITUTE
- What is the EIN of PROJECT LIBERTY INSTITUTE?
- The employer identification number (EIN) of PROJECT LIBERTY INSTITUTE is 87-3213298.
- Is PROJECT LIBERTY INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PROJECT LIBERTY INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROJECT LIBERTY INSTITUTE 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 PROJECT LIBERTY INSTITUTE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROJECT LIBERTY INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PROJECT LIBERTY INSTITUTE?
- The 990 for the year ended December 31, 2025 names FRANK MCCOURT.
- Who are the officers and directors of PROJECT LIBERTY INSTITUTE?
- The 990 for the year ended December 31, 2025 lists 10 people; 3 received compensation from the organization, the highest $360,599 (JAMES BELL, HEAD OF STRATEGIC INSIGHTS).
- How much revenue does PROJECT LIBERTY INSTITUTE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $11,425,472, expenses of $4,886,388 and total assets of $4,869,327 at year end.
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