Florida Institute For Human And Machine Cognition

Organization Overview

Florida Institute For Human And Machine Cognition is located in Pensacola, FL. The organization was established in 2005. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Florida Institute For Human And Machine Cognition employed 182 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Institute For Human And Machine Cognition is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Florida Institute For Human And Machine Cognition generated $28.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $26.5m during the year ending 06/2022. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE INFORMATION-TECHNOLOGY RESEARCH, EDUCATION, SCIENTIFIC ADVANCEMENT, AND ECONOMIC DEVELOPMENT AS IT RELATES TO THE COMBINATION OF HUMAN AND MACHINE COGNITION AND ARTIFICIAL INTELLIGENCE.

Describe the Organization's Program Activity:

INFORMATION-TECHNOLOGY RESEARCH, EDUCATION, SCIENTIFIC ADVANCEMENT, AND ECONOMIC DEVELOPMENT


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Translational Genomics Research Institut
Subcontract
$750,651
Michigan Technological University
Subcontract
$321,739
Carnegie Mellon University
Subcontract
$439,918
The University Of North Caroli
Subcontract
$344,448
The Rector And Visitors Of The Universit
Subcontract
$212,960
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,080,081
All other contributions, gifts, grants, and similar amounts not included above$121,022
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,201,103
Total Program Service Revenue$20,765,572
Investment income $1,942
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$218
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,298,513

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Florida Institute For Human And Machine Cognition has recieved totaling $779,446.

Awarding OrganizationAmount
Triumph Gulf Coast Inc

Tallahassee, FL

PURPOSE: IMHC PROPOSES TO ESTABLISH A CENTER OF EXCELLENCE FOCUSED ON EXPANDING WORK INTO THE CUTTING-EDGE FIELD OF HUMAN HEALTHSPAN, RESILIENCE AND PERFORMANCE. THE GRANT WILL ASSIST IN OPERATIONS, PURCHASING NEW EQUIPMENT, AND IN TURN, ATTRACT MORE RENOWNED SCIENTISTS AND RESEARCHERS.

$745,851
Clough Family Foundation

Rifle, CO

PURPOSE: SUPPORT FOR MULTI-MEDIA LAB & EXO SUIT

$23,000
Gulf Power Foundation Inc

Pensacola, FL

PURPOSE: STEM EDUCATION

$8,500
International Paper Company Foundation

Memphis, TN

PURPOSE: FREE HANDS-ON STEM OPPORTUNITIES FOR YOUTH: SCIENCE SATURDAYS AT IHMC

$1,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$595
View Grant Recipient Profile

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