Form 990 for tax year 2022

2a · Program service revenue: CONTRACT RESEARCH REVENUE

total $11,704,556 · related or exempt $11,704,556

2b · Program service revenue: RENTAL REVENUE

total $3,119,761 · related or exempt $3,119,761

3 · Investment income

total $95,299 · excluded $95,299

5 · Royalties

total $251,031 · related or exempt $251,031

7a · Gross sales of assets other than inventory

securities $133,358,228

7b · Less cost or other basis and sales expenses

securities $124,284,159

7c · Gain or loss

securities $9,074,069

7d · Net gain or loss

total $9,074,069 · excluded $9,074,069

1 · Grants to domestic organizations and governments

total $12,091,236 · program services $12,091,236

5 · Compensation of officers, directors and key employees

total $125,308 · management and general $125,308

7 · Other salaries and wages

total $680,537 · management and general $680,537

10 · Payroll taxes

total $41,404 · management and general $41,404

11c · Fees: accounting

total $31,000 · management and general $31,000

11f · Fees: investment management

total $1,349,909 · management and general $1,349,909

11g · Fees: other

total $4,013 · management and general $4,013

15 · Royalties

total $414,026 · program services $414,026

16 · Occupancy

total $344,098 · program services $344,098

20 · Interest

total $1,344,902 · management and general $1,344,902

22 · Depreciation, depletion and amortization

total $1,138,868 · program services $1,138,868

24a · Other expenses: PATENT & LICENSING COST

total $1,271,072 · program services $1,271,072

2 · Savings and temporary cash investments

beginning of year $39,375,025 · end of year $38,935,920

3 · Pledges and grants receivable

beginning of year $2,264,062 · end of year $2,431,051

4 · Accounts receivable

beginning of year $612,063 · end of year $613,426

7 · Other notes and loans receivable

beginning of year $15,346,598 · end of year $16,386,113

9 · Prepaid expenses and deferred charges

beginning of year $108,862 · end of year $95,989

10a · Land, buildings and equipment: cost or other basis

$3,592,294

10b · Land, buildings and equipment: accumulated depreciation

$192,890

10c · Land, buildings and equipment, net

beginning of year $2,644,094 · end of year $3,399,404

12 · Investments: other securities

beginning of year $120,301,778 · end of year $4,905,340

14 · Intangible assets

beginning of year $12,207,817 · end of year $11,174,584

15 · Other assets

beginning of year $45,350,086 · end of year $167,335,763

17 · Accounts payable and accrued expenses

beginning of year $182,313 · end of year $118,213

19 · Deferred revenue

beginning of year $8,984,269 · end of year $9,783,948

20 · Tax-exempt bond liabilities

beginning of year $6,715,000 · end of year $6,601,550

23 · Secured mortgages and notes payable

beginning of year $43,165,000 · end of year $40,790,000

25 · Other liabilities

beginning of year $10,711,991 · end of year $10,388,991

29 · Capital stock, trust principal or current funds

beginning of year $161,069,397 · end of year $169,765,796

30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $7,382,415 · end of year $7,829,092

31 · Retained earnings, endowment or other funds

beginning of year $0 · end of year $0