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X Prize Foundation INC

Public charity
DBA: % DOTS SPACE CULVER CITY
Research & Policy · CULVER CITY, CA · EIN 52-1876879

About

The x prize foundation is an education NON-profit that strives to bring about creative solutions to the grandest challenges facing humanity in the areas of space exploration, education, human health, global entrepreneurship, energy and transportation. The foundation applies an equal degree of diligence and care in developing and managing prize-incentive competitions in those areas where technological innovation is stagnant or regulatory and market forces present extraordinary obstacles. The foundation's underlying mission is to bring about radical breakthroughs for the benefit of humanity. A critical aspect of each competition will be an overall education campaign and dissemination of scientific information that is generated by the competition, which will be published online, and in treatise, thesis, trade publication, or in ANY other form available to the interested public. The organization will ensure that the competitions are widely-publicized and the scientific results of each competition are disseminated broadly. The success of each competition hinges on this publicity.

In care of DOTS Space Culver City

Donations are tax-deductible
Category
Research & Policy
Employees
97
Volunteers
16

Financial Snapshot

FY ending 2022-12-31
Revenue
$18.4M
Expenses
$24.2M
Assets
$77.6M
Liabilities
$53.0M

Financial history

$38.5M$19.2M$0
16171819202122
RevenueExpenses
Latest FY2022: $18.4M · Peak FY2016: $33.7M · Avg: $23.0M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

X PRIZE FOUNDATION INC
Your actions

Address

10736 Jefferson BLVD Suite 406
Culver City, CA, 90230-493

Governance

Voting board members18
Independent members16
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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