Character Lab Inc
- Assets
- $4.7m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 29
- Location
- Philadelphia, PA
- Founding
- 07/2013
- Data as of
- 06/2022
- EIN
- 46-2444163
Organization Overview
Character Lab Inc is located in Philadelphia, PA. The organization was established in 2013. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 06/2022, Character Lab Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Character Lab Inc 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, Character Lab Inc generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $6.0m during the year ending 06/2022. While expenses have increased by 8.5% 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.
Since 2015, Character Lab Inc has awarded 46 individual grants totaling $4,617,235. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHARACTER LAB ADVANCES SCIENTIFIC INSIGHTS THAT HELP KIDS THRIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BY CONNECTING RESEARCHERS WITH EDUCATORS, CHARACTER LAB SEEKS TO CREATE GREATER KNOWLEDGE ABOUT THE CONDITIONS THAT LEAD TO WELL-BEING FOR YOUNG PEOPLE THROUGHOUT THE COUNTRY. TO LEARN MORE, GO TO WWW.CHARACTERLAB.ORG.IN 2021-2022, CHARACTER LAB REACHED THE FOLLOWING MILESTONES:-WE FACILITATED 88 RESEARCH STUDIES-PREVIOUS STUDIES WERE FEATURED IN PUBLICATIONS IN TOP-TIER JOURNALS INCLUDING NATURE, PSYCHOLOGICAL SCIENCE, AND THE QUARTERLY JOURNAL OF ECONOMICS-WE SHARED ACTIONABLE ADVICE WITH THOUSANDS OF PARENTS AND EDUCATORS, INCLUDING AN APPEARANCE ON CBS MORNINGS AND PARTNERSHIPS WITH TED-ED AND KELLOGGS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Talamas Executive Director | Officer | 40 | $232,500 |
Tara Taylor Partner, Design Thinking | 40 | $120,068 | |
Jim Schroder Partner, Finance, Ops And Strategy | Officer | 40 | $118,635 |
Diana Gould Partner, People Operations | 40 | $117,392 | |
Elliot Luscombe Partner, Strategic Partnerships | 40 | $113,523 | |
Meg Foran Partner, School Partnerships | 40 | $106,818 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Qualtrics Research Services | 6/29/22 | $651,200 |
Yes& Web Development | 6/29/22 | $306,909 |
Mathematica Policy Research Data Processing And Analysis | 6/29/22 | $282,539 |
Larson Communications Pr And Communications | 6/29/22 | $215,000 |
Michelle Shih Editing | 6/29/22 | $137,569 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,777,342 |
| Noncash contributions included in lines 1a–1f | $790,916 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,777,342 |
| Total Program Service Revenue | $176,244 |
| Investment income | $93 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,105 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,946,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $435,657 |
| Compensation of current officers, directors, key employees. | $162,218 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,223,968 |
| Pension plan accruals and contributions | $86,293 |
| Other employee benefits | $106,886 |
| Payroll taxes | $186,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $144,096 |
| Fees for services: Accounting | $125,302 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,715,495 |
| Advertising and promotion | $438,234 |
| Office expenses | $101,144 |
| Information technology | $285,276 |
| Royalties | $0 |
| Occupancy | $103,140 |
| Travel | $32,769 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,226 |
| Insurance | $26,333 |
| All other expenses | $30,482 |
| Total functional expenses | $6,045,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,893,062 |
| Savings and temporary cash investments | $1,421,354 |
| Pledges and grants receivable | $17,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $349,506 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,681,422 |
| Accounts payable and accrued expenses | $291,868 |
| Grants payable | $0 |
| Deferred revenue | $581,835 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $873,703 |
| Net assets without donor restrictions | $3,307,719 |
| Net assets with donor restrictions | $500,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,681,422 |
Grants Awarded
Over the last fiscal year, Character Lab Inc has awarded $135,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Redwood City, CA PURPOSE: TO FUND CHARACTER RESEARCH | $50,000 |
New York, NY PURPOSE: TO FUND CHARACTER RESEARCH | $30,000 |
Urbana, IL PURPOSE: TO FUND CHARACTER RESEARCH | $20,000 |
Philadelphia, PA PURPOSE: TO SUPPORT LOCAL GRASSROOTS CHANGE | $15,000 |
Orlando, FL PURPOSE: TO FUND CHARACTER RESEARCH | $10,000 |
New York, NY PURPOSE: TO SUPPORT LOCAL GRASSROOTS CHANGE | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Character Lab Inc has recieved totaling $7,107,421.
| Awarding Organization | Amount |
|---|---|
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI PURPOSE: CHARACTER FOCUSED CONTENT AND PROGRAMMING | $1,700,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $1,500,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $1,500,000 |
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: ACCESS AND DIVERSIFICATION OF A RESEARCH NETWORK | $750,000 |
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: ACCESS AND DIVERSIFICATION OF A RESEARCH NETWORK | $750,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO STUDY AND EXECUTE BEST PRACTICES IN ENGAGING END-USERS, STUDENTS AND TEACHERS IN THE DESIGN AND IMPLEMENTATION OF SCHOOL-BASED RESEARCH. | $327,566 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Jersey Charter Public Schools Association A New Jersey Non-Profi Hamilton, NJ | $3,579,653 | $10,181,414 |
Education Reform Now Advocacy Inc New York, NY | $9,049,502 | $13,254,867 |
Education Reform Now Inc New York, NY | $12,856,272 | $9,742,321 |
Zuckerman Institute Charitable Uta 09302015 New York, NY | $457,938 | $7,031,465 |
Ohio State Innovation Foundation Columbus, OH | $6,188,077 | $3,748,357 |
Character Lab Inc Philadelphia, PA | $4,681,422 | $6,946,574 |
College Of Physicians Of Philadelphia Philadelphia, PA | $49,395,959 | $7,255,479 |
Calyx Institute Brooklyn, NY | $4,391,437 | $6,703,987 |
Achieve Inc Silver Spring, MD | $324,503 | $3,902,025 |
Eskolta School Research And Design Inc New York, NY | $3,454,540 | $3,524,860 |
State Educational Technology Directors Association Glen Burnie, MD | $1,209,563 | $3,539,021 |
Heterodox Academy New York, NY | $1,652,564 | $2,832,778 |