EIN 84-3847333

Material Innovation Initiative

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Year formed
2019
Most recent tax filings
2023-12-01
Description
Material Innovation Initiative accelerates the development of next-gen materials for the fashion, automotive, and home goods industries by identifying and assisting companies and technologies. Its mission is to help fast-track the availability of high-quality, high-performance, animal-free, and environmentally preferred materials with plant-based and lab-grown innovation.
Also known as...
Material Innovation Institute
Total revenues
$1,163,908
2023
2020202120222023$0$1m$2m
Total expenses
$1,525,190
2023
2020202120222023$0$1m$2m
Total assets
$898,278
2023
2020202120222023$0$1m$2m
Num. employees
8
2023
2020202120222023048

Program areas at Material Innovation Initiative

Material Innovation Institute (mii) works to identify and assist companies and technologies in building and improving materials that can replace animal-derived materials (e.g., leather, reptile skin, etc.) In the fashion, automotive, and home goods industries. Mii also works to identify potential relationships between investors and companies and technology in order to obtain the funding necessary to make animal-alternative materials more accessible and engages in contracts with brands to assist in increasing their alternative Material cache and addressing how the materials can be used. Mii's communications department educates companies and individuals in the fashion, home goods, and automotive industries, as well as educating the public.

Who funds Material Innovation Initiative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Good Ventures FoundationWork on Replacing Industry Use of Silk and Fur With Plant-Based Alternatives$600,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$272,500
Food System InnovationsGeneral Support$120,000
...and 8 more grants received

Personnel at Material Innovation Initiative

NameTitleCompensation
Nicole RawlingChief Executive Officer$129,370
Naomi SachsDirector$0
Sydney GladmanChief Scientific Officer
Jessica KrugerFounder of Luxtra
Joshua HanoshFounder of Dedicated Designs
...and 11 more key personnel

Financials for Material Innovation Initiative

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,088,033
Program services$74,654
Investment income and dividends$80
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$634
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$507
Total revenues$1,163,908

Form 990s for Material Innovation Initiative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-11990View PDF
2022-122023-08-02990View PDF
2021-122022-10-21990View PDF
2020-122021-10-29990View PDF

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Data update history
November 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 12, 2024
Updated personnel
Identified 1 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $55,996 from Animal Charity Evaluators
July 12, 2024
Received grants
Identified 3 new grant, including a grant for $600,000 from Good Ventures Foundation
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $91,313 from Animal Charity Evaluators
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
PollutionEnvironment
Characteristics
Operates internationallyNational levelTax deductible donationsAccepts online donations
General information
Address
952 School St 175
Napa, CA 94559
Metro area
Napa, CA
County
Napa County, CA
Website URL
materialinnovation.org/ 
Phone
(929) 242-8512
IRS details
EIN
84-3847333
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C20: Pollution Abatement and Control Services
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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