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Nonprofiteer
← LAUREATE INSTITUTE FOR BRAIN RESEARCH INC

Form 990 for tax year 2024

Filed by LAUREATE INSTITUTE FOR BRAIN RESEARCH INC.

Totals

Total revenue
$17,878,231
Total expenses
$17,771,680
Contributions and grants received
$16,995,364
Grants paid
$0
Program service revenue
$227,507
Investment income
$654,795
Other revenue
$565
Total assets, end of year
$29,277,459
Total liabilities, end of year
$8,448,132
Net assets or fund balances, end of year
$20,829,327
Program services expenses (Part IX)
$12,719,887
Management and general expenses
$5,051,793
Fundraising expenses
$0
Program service expenses (Part III)
$12,719,887

Program services were 71.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MARTIN PAULUS MD

    PRES. & SCIENTIFIC DIRECTOR

    Total calculated
    $724,532
    From this org
    $683,781
    From related orgs
    $0
    Other
    $40,751
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $547,457
    Bonus
    $136,324
    Other
    $0
    Deferred
    $18,616
    Nontaxable benefits
    $22,135
    Filer's total
    $724,532
  • THOMAS E COOPER

    DIRECTOR AND CEO

    Total calculated
    $0
    Hours/week
    10 + 0.5 related
  • CLIFF A ROBERTSON MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • JOHN-KELLY C WARREN

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • LINDA THOMPSON

    DIRECTOR (As of 05/2024)

    Total calculated
    $0
    Hours/week
    1
  • MATT MEYER MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PATRICK A MCKEE MD

    DIRECTOR (UNTIL 02/2024)

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • COLLEEN MCCALLUM

    VICE PRESIDENT & COO

    Total calculated
    $426,568
    From this org
    $396,463
    From related orgs
    $0
    Other
    $30,105
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $332,719
    Bonus
    $63,744
    Other
    $0
    Deferred
    $21,439
    Nontaxable benefits
    $8,666
    Filer's total
    $426,568
  • JULIANNA P DUVALL

    SECRETARY

    Total calculated
    $0
    Hours/week
    0 + 0.5 related
  • JUSTIN PIERCE

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • MICHAEL ROHAN PHD

    DIRECTOR, LIBR MRI FACILITY /CHIEF TECH OFFICER

    Total calculated
    $328,062
    From this org
    $285,444
    From related orgs
    $0
    Other
    $42,618
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $285,444
    Bonus
    $0
    Other
    $0
    Deferred
    $20,179
    Nontaxable benefits
    $22,439
    Filer's total
    $328,062
  • EVAN WHITE PHD

    PRINCIPAL INVESTIGATOR

    Total calculated
    $250,015
    From this org
    $212,292
    From related orgs
    $0
    Other
    $37,723
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,959
    Bonus
    $47,333
    Other
    $0
    Deferred
    $15,456
    Nontaxable benefits
    $22,267
    Filer's total
    $250,015
  • PENNY OLAYA

    CONTROLLER

    Total calculated
    $184,412
    From this org
    $163,197
    From related orgs
    $0
    Other
    $21,215
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,610
    Bonus
    $14,587
    Other
    $0
    Deferred
    $10,668
    Nontaxable benefits
    $10,547
    Filer's total
    $184,412
  • RAYUS KUPLICKI PHD

    DATA ANALYTICS LEAD

    Total calculated
    $177,928
    From this org
    $158,089
    From related orgs
    $0
    Other
    $19,839
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,589
    Bonus
    $500
    Other
    $0
    Deferred
    $11,173
    Nontaxable benefits
    $8,666
    Filer's total
    $177,928
  • SAHIB KHALSA MD PHD

    PHYSICIAN

    Total calculated
    $205,432
    From this org
    $175,942
    From related orgs
    $0
    Other
    $29,490
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,176
    Bonus
    $9,766
    Other
    $0
    Deferred
    $2,455
    Nontaxable benefits
    $27,035
    Filer's total
    $205,432
  • SALVADOR GUINJOAN MD PHD

    SCIENTIST, RESEARCH CORE

    Total calculated
    $269,795
    From this org
    $233,623
    From related orgs
    $0
    Other
    $36,172
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,623
    Bonus
    $0
    Other
    $0
    Deferred
    $13,810
    Nontaxable benefits
    $22,362
    Filer's total
    $269,795

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
COMPENSATION FOR THE PRESIDENT AND OFFICERS IS SET THROUGH A STRUCTURED REVIEW PROCESS. THE PROCESS INCLUDES AN EVALUATION OF COMPARABLE SALARIES FOR COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS BY AN INDEPENDENT EXTERNAL FIRM. COMPENSATION ADJUSTMENTS ARE REVIEWED AND APPROVED BY THE DIRECTORS. THE LAST COMPENSATION REVIEW WAS PERFORMED IN 2024.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.1
Source object
202543189349305124

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