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Seasteading Institute

Seasteading Institute

San Francisco, CA 94120
Tax ID26-2386590

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About this organization

Revenue

$70,467

Expenses

$306,888

Mission

We promote the creation of floating ocean cities as a revolutionary solution to some of the world’s most pressing problems: rising sea levels, overpopulation, poor governance, and more…

About

The Seasteading Institute is a nonprofit organization, based in California. It was founded in 2008 by activist, software engineer and political economic theorist Patri Friedman, grandson of Nobel Prize winning economist Milton Friedman, and technology entrepreneur, investor and philanthropist Peter Thiel. Seasteading means building startup communities that float on the ocean with any measure of political autonomy. Seasteads are environmentally restorative, since you can’t build a permanent floating structure without providing a home for sea life.

Interesting data from their 2020 990 filing

Works to enable floating cities which will allow the next generation of pioneers to test new ideas for government.

  • Revenue reported was $70,467.
  • Expenses reported were $306,888.
  • The non-profit filed Schedule A section.
  • Does not operate a hospital.
  • Is not a donor advised fund.
  • The organization does not engage in lobbying activities.
  • Other expenses reported $132,758.
  • The non-profit reported a excess or deficit for -$236,421.
  • The non-profit does not have a foreign financial account.
  • Other compensation reported was $169,504.
  • Contributions, gifts, and grants reported were $66,966.
  • The non-profit filed a copy of the returns in CA.

Accomplishments

  • In 2019, the seasteading institute accelerated our research and movement building program. we produced a documentary the first seasteaders seen by millions, published podcasts, presented at many conferences, inducted new ambassadors from around the world, produced new legal research, and met with government leaders of a country currently hosting the first seastead building project. Expenses $258,423.

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