Harmony Labs Inc C/o Wework Lobby

What it reported doing in 2024

Harmony labs is a media research lab, using science, data, and creativity to research and reshape our relationship with media. Our unique approach rests on a commitment to rigorous participatory public research, an unrivaled data platform, with transparent, principled data practices, and ongoing investment in exploration, invention, and creativity.we're building a community of private media companies that donate the data we need to understand what's going on in our media systems, and how they affect people, communities, and society as a whole. Our data philanthropy community includes big companies, like nielsen and comscore, and smaller startups, like peakmetrics, that are scraping different corners of the web, news, television, radio, and other kinds of media. This data philanthropy supports our research efforts including, for example, an adjacent community of academic researchers (harmony labs research network) who are using these data to study and improve media systems.in addition, we harness these industry and research relationships for our narrative observatory, a first-of-its-kind data tool that empowers content creators, advocates, and funders to find, reach, and resonate with the right audience in today's media minefield. The narrative observatory delivers audience-based insights, narrative and network analysis, and empirical validation of cultural strategy and content to our partners.we work with a wide range of partners on issues of existential importance, like climate, gun violence, political corruption, artificial intelligence, and more, using an approach to research that is rigorous, participatory, and 100% public. One of the first papers we co-authored looked at fracking narratives in documentary film. The outputs we've created with our partners include websites, presentations, peer-reviewed publications, toolkits, curriculum, interactives, white papers, and media. And our work has been covered in the press, including the New York time, wired and more.founded by john s. Johnson in 2008, harmony labs is a 501(c)3 incorporated in New York state. Funders include atlantic foundation, bill & melinda gates foundation, robert wood johnson foundation, john d. And catherine t. Macarthur foundation, open society foundations, nathan cummings foundation, google, and more.

Financial Efficiency

• Mission deployment rate: 20.6%; rating input score 21
• Program expense ratio: 74.6%; rating input score 75
• Fundraising efficiency: $26.64 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 87.5%; rating input score 88; 20th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 72.4%; rating input score 97; 97th percentile among comparable filings
• Total-asset coverage ratio: 2.8; rating input score 73; 73rd percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 35.2%; rating input score 1; 1st percentile among comparable filings

Growth

• Program expense growth: 12.7% per year; rating input score 100; 79th percentile among comparable filings
• Revenue growth: 20.2% per year; rating input score 100; 92nd percentile among comparable filings
• Asset growth: 25.2% per year; rating input score 100; 94th percentile among comparable filings