Public Charity

OHIO STATE INNOVATION FOUNDATION

OHIO STATE INNOVATION FOUNDATION is a Public Charity headquartered in COLUMBUS, OH. Financial data from the 2025 filing: $14.2M revenue, $14.8M expenses, $6.4M total assets.

EIN: 460843878 COLUMBUS, OH Research Institutes & Public Policy Analysis NTEE: B05 Latest filing: 2025

Total Revenue$14.2M

Total Expenses$14.8M

Total Assets$6.4M

Grant Records0

Filing Years2021–2025

Mission

OHIO STATE INNOVATION FOUNDATION ("OSIF") IS A NOT-FOR-PROFIT OHIO CORPORATION FORMED TO MANAGE INTELLECTUAL PROPERTY DEVELOPED AT OR CREATED BY THE OHIO STATE UNIVERSITY ("OSU") AND TO FACILITATE THE COMMERCIALIZATION OF SUCH INTELLECTUAL PROPERTY ("IP"). OSU IS THE SOLE MEMBER OF OSIF, AND A MAJORITY OF THE DIRECTORS ON THE OSIF BOARD OF DIRECTORS ARE REPRESENTATIVE OF OSU. OSIF HAS NO EMPLOYEES. THE OPERATIONS OF OSIF ARE CONDUCTED BY THE TECHNOLOGY LICENSING OFFICE OF THE OSU OFFICE OF INNOVATION AND ECONOMIC DEVELOPMENT, PURSUANT TO CONTRACT.

Where $100 goes at Ohio State Innovation Foundation

How Ohio State Innovation Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself

<$1 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$96

Managed intellectual property portfolio of the ohio state university

96% of program spending

Managed licenses of technology developed at the ohio state university

4% of program spending

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Becky Kaufman

VICE PRESIDENT Cheryl Turnbull

SECRETARY David Mess

DIRECTOR Derrick Brent

DIRECTOR Falon Donohue

DIRECTOR Jim Terranova

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2025	$14.2M	$14.8M	$6.4M
2024	$10.3M	$13.9M	$6.2M
2023	$15.3M	$14.5M	$9.8M
2022	$23.5M	$18.7M	$19.0M
2021	$3.7M	$6.1M	$6.2M

Between 2021 and 2025, reported annual revenue grew from $3.7M to $14.2M (+280%), with total assets most recently reported at $6.4M.

Interactive year-over-year charts and full filing details available with membership.

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