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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Ohio State Innovation Foundation

Ohio State Innovation Foundation

Fiscal year ending 2023. Filed on May 14, 2024.

1050 Carmack Rd 1st Floor
Columbus, Ohio 43210

Ohio State Innovation Foundation (EIN: 46-0843878) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Ohio State Innovation Foundation, a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $454,922. The highest compensated employee at Ohio State Innovation Foundation is Michael Papadakis with fiscal year 2023 compensation of $961,271.

Revenue, expenses, and employee compensation

Revenue

$15,253,821

Expenses

$14,538,851

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Papadakis
Chair
$961,271
$0 $836,360 $124,911
Grace Wang
Director
$772,263
$0 $676,004 $96,259
R Scott Osborne
President
$449,476
$0 $379,614 $69,862
Kevin Taylor
Vice President
$405,790
$0 $337,145 $68,645
Cheryl Turnbull
Vice President
$278,482
$0 $227,450 $51,032
David Mess
Secretary
$240,169
$0 $184,410 $55,759
Cash Mitchell
Treasurer (EFF 10/22)
$77,000
$0 $62,962 $14,038

Benchmark Employee Compensation

Non-Employee Board Members

Falon Donohue
Director
Jim Terranova
Director
Ray Shealy
Director
Tim Wright
Director

Contractors

Meunier Carlin & Curfman LLC
Legal
$3,557,641
King & Spalding LLC
Legal
$1,425,625
Computer Packages Inc.
Legal
$549,686
Thomas Horstemeyer
Legal
$245,200
Michael Best Friedrich LLP
Legal
$207,666

Mission Statement

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 REPRESENTATIVES OF OSU. OSIF HAS NO EMPLOYEES. THE OPERATIONS OF THE OSIF ARE CONDUCTED BY THE TECHNOLOGY LICENSING OFFICE OF THE OSU OFFICE OF INNOVATION AND ECONOMIC DEVELOPMENT, PURSUANT TO CONTRACT.

Revisions to this organization profile

May 12, 2025:
2024 Ohio State Innovation Foundation 990 filed
May 14, 2024:
2023 Ohio State Innovation Foundation 990 filed
May 12, 2023:
2022 Ohio State Innovation Foundation 990 filed

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