MASS GENERAL BRIGHAM INCORPORATED: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- MASS GENERAL BRIGHAM INCORPORATED (EIN 04-2129889)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-04-29
- IRS object ID
- 201121199349301122
- Schema version
- 2009v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-29T14:07:37-07:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042129889 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHEPENS EYE RESEARCH INSTITUTE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SCHE | NameControl |
| Phone | 6179120100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 Staniford Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02114 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Kenneth Fischer | Name |
| Title | President/ COO | Title |
| Phone | 6179122620 | Phone |
| Date Signed | 2011-04-29 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Kenneth M Fischer | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 Staniford Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 52027676 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | schepens.harvard.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1957 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | Schepens Eye Research Institute fights blindness by developing new technologies, therapies and knowledge to retain and restore vision. Through a continuum of discovery, the Institute works toward a future in which blindness is prevented, alleviated and ultimately cured. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 228 | TotalNbrEmployees |
| Total Nbr Volunteers | 56 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 23901174 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 27600132 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 559450 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1195892 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -380418 | OtherRevenuePriorYear |
| Other Revenue Current Year | -302869 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 24080206 | TotalRevenuePriorYear |
| Total Revenue Current Year | 28493155 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 15038245 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15667857 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 8070 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 3712 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1127595 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12835530 | OtherExpensePriorYear |
| Other Expenses Current Year | 13422619 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 27881845 | TotalExpensesPriorYear |
| Total Expenses Current Year | 29094188 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3801639 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -601033 | RevenuesLessExpensesCY |
| Total Assets BOY | 51734123 | TotalAssetsBOY |
| Total Assets EOY | 53192566 | TotalAssetsEOY |
| Total Liabilities BOY | 27890238 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 28437781 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 23843885 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 24754785 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Schepens Eye Research Institute fights blindness by developing new technologies, therapies and knowledge to retain and restore vision. Through a continuum of discovery, the Institute works toward a future in which blindness is prevented, alleviated and ultimately cured. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 24121623 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | The Institute has research at every stage of development from the critical new ideas that are changing the way researchers around the world look at the future of treatment, to products in late-stage clinical trials, set to make an immediate impact on the lives of people struggling with vision-robbing diseases and injuries. The Institute has made tremendous progress in developing new cures for macular degeneration, diabetic retinopathy, glaucoma, other types of retinal and optic nerve degenerations and damage, dry eye and eye tissue transplants. There has also been great strides made in the development of new technologies - new lenses and devices - to help those with low vision make the absolute most out of the vision they have until we can reverse vision loss. | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 24121623 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 26 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 228 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Kenneth Fischer | NamePerson |
| Telephone Number | 6179120100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 Staniford Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 021142500 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|---|
| Mark B Abelson MD | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| William Aikman | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| De Walt Ankeny Jr | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Paul Braverman | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Kennett F Burnes | ||||||||
| Trustee Chairman | 1 | X | 0 | 0 | 0 | |||
| David M Coit | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Gerard Goldstein | ||||||||
| Secretary/Clerk Trustee | 0.20 | X | 0 | 0 | 0 | X | ||
| Charles S de Gunzburg | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Robert L Gable | ||||||||
| Trustee | 0.3 | X | 0 | 0 | 0 | |||
| Susan Hudson Wilson | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Mark S Hughes | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Donald R Korb OD | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Kay Lyons | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Renee Manger | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Victoria D McCullough | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Scott Newquist | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Patricia M Patricelli | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Nancy Raquet | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| John H Reilly | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Joseph F Rizzo III MD | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| TRG Sear | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Eleanor G Shore MD | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| David A Snyder MD | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Sherman H Starr | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Glenn P Strehle | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| A Raymond Tye | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Kathryn C Vecellio | ||||||||
| Trustee | 0.2 | X | 0 | 0 | 0 | |||
| Kenneth Fischer | ||||||||
| President & COO | 40 | 271897 | 0 | 8744 | X | X | ||
| David Conlon | ||||||||
| Treasurer | 40 | 236226 | 0 | 38978 | X | X | ||
| Carolyn Bellefeuille | ||||||||
| Assistant Secretary/Clerk | 40 | 63993 | 0 | 13047 | X | |||
| Eliezer Peli | ||||||||
| Senior Scientist | 40 | 275479 | 0 | 46982 | X | X | ||
| Patricia D'Amore | ||||||||
| Senior Scientist | 40 | 191881 | 0 | 44114 | X | X | ||
| Reza Dana | ||||||||
| Director of Research | 40 | 189758 | 0 | 47674 | X | X | ||
| Michael Gilmore | ||||||||
| Senior Scientist | 40 | 369499 | 0 | 49737 | X | |||
| Mary Chatterton | ||||||||
| Dir. Corp. Alliance | 40 | 182424 | 0 | 30647 | X | |||
| Darlene Dartt | ||||||||
| Senior Scientist | 40 | 192878 | 0 | 46066 | X | |||
| Joan Stein Streilein | ||||||||
| Senior Scientist | 40 | 161081 | 0 | 28464 | X | |||
| Ilene Gipson | ||||||||
| Senior Scientist | 40 | 173761 | 0 | 35430 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2308877 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 389883 | TotalOtherCompensation |
| Number Individuals GT100 K | 26 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MGH Reseach Finance | |||||
| Cambridge Street | Boston | MA | 02114 | Research Services | 524211 |
| President and Fellows of Harvard | |||||
| Harvard University | Cambridge | MA | 02115 | Research Services | 328620 |
| Mintz Levin Cohen & Ferris | |||||
| 1 Financial Center | Boston | MA | 02212 | Legal | 148441 |
| UCI Foundation | |||||
| Dept of Opth | Orange | CA | 92868 | Research | 135927 |
| Carpenter & Associates | |||||
| 84 State Street | Boston | MA | 02109 | Legal | 132565 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 20439097 | GovernmentGrants |
| All Other Contributions | 7161035 | AllOtherContributions |
| Noncash Contributions | 83691 | NoncashContributions |
| Total Contributions | 27600132 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 761762 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $761,762 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16342 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $16,342 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 82137 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 493792 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -411655 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -411655 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$411,655 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23295153 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 22861023 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 434130 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 434130 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $434,130 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 181028 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 179706 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1322 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1322 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Parking Income | Description |
| Business Code | 531390 | BusinessCode |
| Total Revenue Column | 35988 | TotalRevenueColumn |
| Related Or Exempt Function Income | 35988 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 55134 | TotalRevenueColumn |
| Related Or Exempt Function Income | 55134 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 91122 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28493155 | TotalRevenueColumn |
| Related Or Exempt Function Income | 92444 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $800,579 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 790830 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 640480 | ManagementAndGeneral |
| Fundraising | 150350 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11384928 | Total |
| Program Services | 10113253 | ProgramServices |
| Management And General | 963581 | ManagementAndGeneral |
| Fundraising | 308094 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 948998 | Total |
| Program Services | 813002 | ProgramServices |
| Management And General | 98639 | ManagementAndGeneral |
| Fundraising | 37357 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1781404 | Total |
| Program Services | 1582424 | ProgramServices |
| Management And General | 127029 | ManagementAndGeneral |
| Fundraising | 71951 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 761697 | Total |
| Program Services | 676617 | ProgramServices |
| Management And General | 64467 | ManagementAndGeneral |
| Fundraising | 20613 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15186 | Total |
| Management And General | 15186 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 352104 | Total |
| Program Services | 136648 | ProgramServices |
| Management And General | 215456 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87665 | Total |
| Management And General | 87665 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3712 | Total |
| Fundraising | 3712 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131328 | Total |
| Management And General | 131328 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 121130 | Total |
| Program Services | 121130 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64730 | Total |
| Program Services | 2064 | ProgramServices |
| Management And General | 14225 | ManagementAndGeneral |
| Fundraising | 48441 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2703848 | Total |
| Program Services | 2495350 | ProgramServices |
| Management And General | 120000 | ManagementAndGeneral |
| Fundraising | 88498 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117594 | Total |
| Program Services | 94075 | ProgramServices |
| Management And General | 23519 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5271155 | Total |
| Program Services | 4451959 | ProgramServices |
| Management And General | 639362 | ManagementAndGeneral |
| Fundraising | 179834 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 405087 | Total |
| Program Services | 339655 | ProgramServices |
| Management And General | 60880 | ManagementAndGeneral |
| Fundraising | 4552 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67429 | Total |
| Program Services | 57361 | ProgramServices |
| Management And General | 9818 | ManagementAndGeneral |
| Fundraising | 250 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1987561 | Total |
| Program Services | 1837204 | ProgramServices |
| Management And General | 130387 | ManagementAndGeneral |
| Fundraising | 19970 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221481 | Total |
| Program Services | 139279 | ProgramServices |
| Management And General | 82202 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Subcontracts | 1128924 | 1128924 | 0 | 0 |
| Miscellaneous | 283807 | 109277 | 140340 | 34190 |
| Professional Fees | 463590 | 23401 | 280406 | 159783 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29094188 | Total |
| Program Services | 24121623 | ProgramServices |
| Management And General | 3844970 | ManagementAndGeneral |
| Fundraising | 1127595 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71980 | BOY |
| EOY | 182413 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 919798 | BOY |
| EOY | 1687216 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300000 | BOY |
| EOY | 287845 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 387357 | BOY |
| EOY | 411320 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 65908369 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 45057556 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21932700 | BOY |
| EOY | 20850813 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18639078 | BOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5876424 | BOY |
| EOY | 26170545 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3606786 | BOY |
| EOY | 3602414 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51734123 | BOY |
| EOY | 53192566 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2690990 | BOY |
| EOY | 3296091 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2796979 | BOY |
| EOY | 3685451 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12265000 | BOY |
| EOY | 11950000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10137269 | BOY |
| EOY | 9506239 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27890238 | BOY |
| EOY | 28437781 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3234125 | BOY |
| EOY | 2602970 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8197995 | BOY |
| EOY | 9740050 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12411765 | BOY |
| EOY | 12411765 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23843885 | BOY |
| EOY | 24754785 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51734123 | BOY |
| EOY | 53192566 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23661236 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 22626485 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 22923339 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 23901174 | CurrentTaxYearMinus1Year |
| Current Tax Year | 27600132 | CurrentTaxYear |
| Total | 120712366 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23661236 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 22626485 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 22923339 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 23901174 | CurrentTaxYearMinus1Year |
| Current Tax Year | 27600132 | CurrentTaxYear |
| Total | 120712366 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 120712366 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3933219 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2084715 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1284546 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1334459 | CurrentTaxYearMinus1Year |
| Current Tax Year | 778104 | CurrentTaxYear |
| Total | 9415043 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 130127409 | TotalSupport |
| Public Support Pertcentage170 | 0.92765 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.90797 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $121,130 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 121130 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | The Institute pays annual dues to the Association of Independent Research Institutes. Fifteen percent (15%) of the membership dues apply to lobbying expenses. The Institute does contact legislators in order to advocate for appropriations for vision research funding. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24449540 | BeginningOfYearBalance |
| Contributions | 100000 | Contributions |
| Investment Earnings Or Losses | 2619572 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 967886 | OtherExpenditures |
| Administrative Expenses | 131328 | AdministrativeExpenses |
| End Of Year Balance | 26069898 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 33779307 | BeginningOfYearBalance |
| Contributions | 100000 | Contributions |
| Investment Earnings Or Losses | -5912380 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 3342542 | OtherExpenditures |
| Administrative Expenses | 174845 | AdministrativeExpenses |
| End Of Year Balance | 24449540 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.233 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.767 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 202818 | OtherCostOrOtherBasis |
| Book Value | 202818 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 40186236 | OtherCostOrOtherBasis |
| Depreciation | 20970525 | Depreciation |
| Book Value | 19215711 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 8260245 | OtherCostOrOtherBasis |
| Depreciation | 8260245 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 17259070 | OtherCostOrOtherBasis |
| Depreciation | 15826786 | Depreciation |
| Book Value | 1432284 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 20850813 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 14918686 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Domestic Equitites | 2566767 | F |
| Global Equities | 7154488 | F |
| Real Estate Investments | 16909 | F |
| Cash & Cash Equivalents | 1513695 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 26170545 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Trustee Held Bond Funds | 3437966 |
| Funds held in trust by others | 164448 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 3602414 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Annuity Obligations | $168,141 |
| Deferred Rent | $2,251,566 |
| Deferred Credit | $7,086,532 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 9506239 | TotalOfAmounts |
| Total Revenue | 28493155 | TotalRevenue |
| Total Expenses | 29094188 | TotalExpenses |
| Excess Or Deficit For Year | -601033 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1439097 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | $72,836 | OtherAmount |
| Total Adjustments | 1511933 | TotalAdjustments |
| Excess Or Deficit Per FS | 910900 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 30547258 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1439097 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 807024 | OtherRevenues |
| Revenue Not Rptd F990 | 2246121 | RevenueNotRptdF990 |
| Revenue Subtotal | 28301137 | RevenueSubtotal |
| Investment Expenses Not Included | 131328 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 60690 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 192018 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 28493155 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 29636358 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 673498 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 673498 | ExpensesNotRptdF990 |
| Expenses Subtotal | 28962860 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 131328 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 0 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 131328 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 29094188 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The intended use of the Institute's endowment funds is to provide a predictable stream of funding to the supported research activities while seeking to maintain the purchasing power of the endowment assets. |
| SchD_P10_S00_L00 | Schedule D, Part X | The Institute is a tax-exempt organization as described in Section 501(c)(3) of the Internal Revenue Code and is generally exempt from income taxes pursuant to Section 501(a) of the Code. Effective July 1, 2007 the Institute adopted FASB 740-10, Accounting for Uncertainty in Income Taxes which requires the accounting for uncertainty in income tax recognized in an entity's financial statements. The standard requires entities to determine whether it is more likely than not that a tax position will be sustained upon examination by the appropriate taxing authorities before any part of the benefit can be recorded in the financial statements. It also provides guidance on the recognition, measurement, and classification of income tax uncertainties, along with any related interest or penalties. A tax position is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | Change in Contribution Receivable - 147,995 Change in split-interest agreements (14,469) non-cash donations (60690) Net 72,836 |
| SchD_P12_S00_L02d | Schedule D, Part XII, Line 2d | Change in contributions receivable 147,995 Change in split interest agreements (14,469) Rental expenses 493,792 Event expenses 179,706, Total 807,024 |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | non-cash donations |
| SchD_P13_S00_L02d | Schedule D, Part XIII, Line 2d | Rental Expenses 493,792 Event Expenses 179,706 Net 673,498 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| East Asia and the Pacific | Program Services | Research services | 525 |
| Europe (including Iceland and Greenland) | Program Services | Research services and equipment | 116769 |
| Middle East and North Africa | Program Services | Research services | 10035 |
| North America (including Canada and Mexico, but not the United States) | Program Services | Research services | 590 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 127919 | TotalAmountSpent |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Florida events | NameOfEvent1 |
| Gross Receipts Event1 | 181028 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 0 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 181028 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 0 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 51108 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 450 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 128148 | OtherDirectExpensesEvent1 |
| Food And Beverage Other Events | 0 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Gross Receipts Total | 181028 | GrossReceiptsTotal |
| Charitable Contributions Total | 0 | CharitableContributionsTotal |
| Gross Revenue Total Events | 181028 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 0 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 0 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 51108 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 450 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 128148 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 179706 | DirectExpenseSummaryEvents |
| Net Income Summary | 1322 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kenneth Fischer | |||||||||||||
| 257500 | 0 | 14397 | 0 | 0 | 0 | 6510 | 0 | 2234 | 0 | 280641 | 0 | 0 | 0 |
| David Conlon | |||||||||||||
| 240991 | 0 | 0 | 0 | 0 | 0 | 31244 | 0 | 7734 | 0 | 279969 | 0 | 0 | 0 |
| Michael Gilmore | |||||||||||||
| 300000 | 0 | 0 | 0 | 69499 | 0 | 31410 | 0 | 18327 | 0 | 419236 | 0 | 0 | 0 |
| Eliezer Peli | |||||||||||||
| 216971 | 0 | 58508 | 0 | 0 | 0 | 26655 | 0 | 20327 | 0 | 322461 | 0 | 0 | 0 |
| Mary Chatterton | |||||||||||||
| 182424 | 0 | 0 | 0 | 0 | 0 | 22734 | 0 | 10649 | 0 | 215807 | 0 | 0 | 0 |
| Darlene Dartt | |||||||||||||
| 192878 | 0 | 0 | 0 | 0 | 0 | 24739 | 0 | 25978 | 0 | 243595 | 0 | 0 | 0 |
| Joan Stein Streilein | |||||||||||||
| 161081 | 0 | 0 | 0 | 0 | 0 | 19558 | 0 | 11812 | 0 | 192451 | 0 | 0 | 0 |
| Patricia D'Amore | |||||||||||||
| 190850 | 0 | 1031 | 0 | 0 | 0 | 23287 | 0 | 20827 | 0 | 235995 | 0 | 0 | 0 |
| Reza Dana | |||||||||||||
| 187912 | 0 | 1846 | 0 | 0 | 0 | 22847 | 0 | 24827 | 0 | 237432 | 0 | 0 | 0 |
| Ilene Gipson | |||||||||||||
| 173761 | 0 | 0 | 0 | 0 | 0 | 21604 | 0 | 17688 | 0 | 213053 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L01a | Identifier |
| Return Reference | Schedule J, Part I, Line 1a | ReturnReference |
| Explanation | Tax obligation payment was part of an employment contract | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| Michael Gilmore | ||||||
| Recruitment Package | X | $500,000 | 256250 | 0 | 1 | 1 |
| Peter Bex | ||||||
| Recruitment Package | X | $31,500 | 31595 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 287845 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 23001 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | average of high & low price on gift date | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Silent Auction items | 4 | 2890 | fair market value |
| X | Centerpieces | 1 | 2000 | fair market value |
| X | food & tickets for Red Sox game | 1 | 5800 | fair market value |
| X | advertising logo Indianapolis 500 | 1 | 50000 | market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0A_L07a | Form 990, Part VI, Section A, Line 7a | The Executive Committee of the Board of Trustees, which consists of the Chairman and from seven to eleven additional trustees may elect one or more members of the governing body in the case of vacancies or other circumstances. |
| F990_P06_S0B_L11 | Form 990, Part VI, Section B, Line 11 | After preparation in the Finance Office the Form 990 is reviewed by the President. The chairman of the Finance Committee is then provided the Institute's Form 990 for review and concurrence before it is filed with the IRS. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Each trustee, officer, committee memeber and employee is provoded with and asked to review a copy of the conflict of interest policy and acknowledge this review in writing. Annually in December each trustee, officer, committee member and employee completes a Conflict of Interest form identifying any relationships, positions or cirmcumstances in which they are involved and that they believe could be a conflict of interest. Completed forms are due in the President's Office no later than January 31. The President's Office collects the forms checking that all are returned, signed and dated. The President's Office follows up with anyone who did not return a form to ensure that all forms are collected. The President's Office maintains on file, in a confidential manner, all completed forms for 3 years. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | The Executive Compensation Committee of the Board of Trustees, comprised of independent trustees, reviews salaries and emplyment contracts of executives and key employees on an as needed basis. It reviews salary and benefit survey data from other comparable non-profit institutions as compared to salaries of Institute executives and key employees and provides recommendations as deemed appropriate. Minutes are recorded. This procedure was last undertaken for all positions noted above in 2010. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The Institute makes these documents available to the public upon request in either a hard copy or electroinc format. |
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