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Filing year 2023

OHIO STATE INNOVATION FOUNDATION

Columbus, Ohio·EIN 46-0843878·NTEE B05 · Education·501(c)(3)
Total revenue
$10.3M
Total assets
$6.2M
Total expenses
$13.9M
Reported officers
15
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.

Executive compensation

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Ohio.

Chairman
Board Chair
75th to 90th percentilevs Education peers nationwide
$134k
$148k
Director
Board Member
Above 90th percentile
$109k
$120k
Vice President (begin 10/23)
Vice President
25th percentile to median
$77k
$85k
Director
Board Member
Above 90th percentile
$74k
$81k
President
Median to 75th percentile
$72k
$80k
Vice President
25th percentile to median
$65k
$71k
Secretary
Secretary (Operational)
Median to 75th percentilevs Education peers nationwide
$62k
$68k
Treasurer
25th percentile to median
$39k
$43k
Former President
Former Officer/director/trustee
10th to 25th percentilevs Education peers nationwide
$30k
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at OHIO STATE INNOVATION FOUNDATION equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1.0%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 7%
from 2022

From $125k in 2022 to $134k in 2023.

$125k
2022
$134k
2023
In today's dollarsEst.
Up 3% in real terms$143k to $148k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay rose 7% from 2022 to 2023, while revenue fell 32%.

$125k in 2022 to $134k in 2023.
  • Board Member pay rose 13% from 2022 to 2023.
  • Vice President pay rose 12% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about OHIO STATE INNOVATION FOUNDATION

What does the Board Chair of OHIO STATE INNOVATION FOUNDATION earn?

In 2023, the Board Chair of OHIO STATE INNOVATION FOUNDATION received $133,557 in total compensation. This pay is in the top quarter for Board Chair roles among Education organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at OHIO STATE INNOVATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Chair at OHIO STATE INNOVATION FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at OHIO STATE INNOVATION FOUNDATION equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.

What are OHIO STATE INNOVATION FOUNDATION's revenue and expenses?

In 2023, OHIO STATE INNOVATION FOUNDATION reported $10.3M in total revenue and $13.9M in total expenses on its IRS Form 990.

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