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Nonprofiteer
← CANCER RESEARCH INSTITUTE INC

Form 990 for tax year 2023

Filed by CANCER RESEARCH INSTITUTE INC.

Totals

Total revenue
$23,964,638
Total expenses
$32,820,896
Contributions and grants received
$20,143,304
Grants paid
$22,471,018
Program service revenue
$0
Investment income
$3,783,274
Other revenue
$38,060
Total assets, end of year
$133,734,670
Total liabilities, end of year
$66,904,035
Net assets or fund balances, end of year
$66,830,635
Program services expenses (Part IX)
$26,628,724
Management and general expenses
$2,746,561
Fundraising expenses
$3,445,611
Program service expenses (Part III)
$26,628,724

Program services were 81.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $519,098

  • 1c · Fundraising events

    $1,451,713

  • 1f · All other contributions, gifts and grants

    $18,172,493

  • 1g · Noncash contributions included above

    $291,714

  • 3 · Investment income

    total $1,102,600 · excluded $1,102,600

  • 6a · Gross rents

    real property $173,726

  • 6b · Less rental expenses

    real property $141,685

  • 6c · Rental income or loss

    real property $32,041

  • 6d · Net rental income or loss

    total $32,041 · excluded $32,041

  • 7a · Gross sales of assets other than inventory

    securities $32,501,311

  • 7b · Less cost or other basis and sales expenses

    securities $29,820,637

  • 7c · Gain or loss

    securities $2,680,674

  • 7d · Net gain or loss

    total $2,680,674 · excluded $2,680,674

  • 8a · Fundraising events: gross income

    $40,311

  • 8a · Fundraising events: contributions included on line 1c

    $1,451,713

  • 8b · Fundraising events: direct expenses

    $40,311

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $6,019 · related or exempt $6,019

  • 11e · Other revenue, total

    $6,019

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,486,646 · program services $15,486,646

  • 3 · Grants to foreign organizations and individuals

    total $6,984,372 · program services $6,984,372

  • 5 · Compensation of officers, directors and key employees

    total $2,215,000 · program services $828,484 · management and general $456,125 · fundraising $930,391

  • 7 · Other salaries and wages

    total $1,717,003 · program services $642,217 · management and general $353,575 · fundraising $721,211

  • 8 · Pension plan contributions

    total $343,426 · program services $120,868 · management and general $76,241 · fundraising $146,317

  • 9 · Other employee benefits

    total $844,042 · program services $334,699 · management and general $163,250 · fundraising $346,093

  • 10 · Payroll taxes

    total $235,243 · program services $90,144 · management and general $45,340 · fundraising $99,759

  • 11b · Fees: legal

    total $111,231 · program services $82,594 · management and general $28,637

  • 11c · Fees: accounting

    total $104,490 · management and general $104,490

  • 11f · Fees: investment management

    total $729,119 · management and general $729,119

  • 11g · Fees: other

    total $1,157,260 · program services $393,991 · management and general $478,697 · fundraising $284,572

  • 12 · Advertising and promotion

    total $216,155 · program services $42,543 · fundraising $173,612

  • 13 · Office expenses

    total $748,006 · program services $328,059 · management and general $37,639 · fundraising $382,308

  • 16 · Occupancy

    total $453,862 · program services $193,213 · management and general $102,462 · fundraising $158,187

  • 17 · Travel

    total $153,062 · program services $71,683 · management and general $17,152 · fundraising $64,227

  • 19 · Conferences, conventions and meetings

    total $973,073 · program services $973,073

  • 22 · Depreciation, depletion and amortization

    total $41,983 · program services $16,793 · management and general $9,236 · fundraising $15,954

  • 23 · Insurance

    total $52,653 · management and general $52,653

  • 24a · Other expenses: MISCELLANEOUS

    total $124,027 · program services $22,686 · management and general $73,783 · fundraising $27,558

  • 24b · Other expenses: PRINTING & PUBLICATIONS

    total $103,077 · program services $16,659 · management and general $125 · fundraising $86,293

  • 24c · Other expenses: FILING FEE

    total $27,166 · management and general $18,037 · fundraising $9,129

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,783,358 · end of year $10,427,229

  • 2 · Savings and temporary cash investments

    beginning of year $1,903,578 · end of year $4,274,302

  • 3 · Pledges and grants receivable

    beginning of year $25,188,717 · end of year $20,702,699

  • 4 · Accounts receivable

    beginning of year $160,297 · end of year $56,866

  • 9 · Prepaid expenses and deferred charges

    beginning of year $288,340 · end of year $525,644

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

    $616,862

  • 10b · Land, buildings and equipment: accumulated depreciation

    $516,634

  • 10c · Land, buildings and equipment, net

    beginning of year $113,116 · end of year $100,228

  • 11 · Investments: publicly traded securities

    beginning of year $26,380,379 · end of year $21,955,137

  • 12 · Investments: other securities

    beginning of year $66,740,812 · end of year $73,774,051

  • 15 · Other assets

    beginning of year $2,450,267 · end of year $1,918,514

  • 17 · Accounts payable and accrued expenses

    beginning of year $667,567 · end of year $1,043,117

  • 18 · Grants payable

    beginning of year $66,778,175 · end of year $63,844,049

  • 25 · Other liabilities

    beginning of year $2,567,268 · end of year $2,016,869

  • 27 · Net assets without donor restrictions

    beginning of year $44,693,823 · end of year $50,119,968

  • 28 · Net assets with donor restrictions

    beginning of year $23,302,031 · end of year $16,710,667

Mission and programs · 2023

Mission

SEE SCHEDULE OTHE CANCER RESEARCH INSTITUTE'S MISSION IS TO SAVE MORE LIVES BY FUELING THE DISCOVERY AND DEVELOPMENT OF POWERFUL IMMUNOTHERAPIES FOR ALL TYPES OF CANCER. TO ACCOMPLISH THIS, CRI FUNDS LABORATORY, TRANSLATIONAL, AND CLINICAL RESEARCH. EFFORTS AIMED AT LEARNING HOW TO HARNESS THE POWER OF THE IMMUNE SYSTEM TO DIAGNOSE, TREAT, AND CURE CANCER. CRI ALSO COORDINATES SCIENTIFIC, MEDICAL, AND PATIENT EDUCATION CONFERENCES ON THE SUBJECTS OF IMMUNOLOGY AND IMMUNOTHERAPY, AND DISSEMINATES INFORMATION IN ENGLISH AND SPANISH ABOUT ADVANCES IN TUMOR IMMUNOLOGY TO THE MEDIA, PUBLIC, AND MEDICAL AND SCIENTIFIC COMMUNITIES.

Activities or mission (Part I)

SEE ON SCHEDULE OTHE CANCER RESEARCH INSTITUTE'S MISSION IS TO SAVE MORE LIVES BYFUELING THE DISCOVERY AND DEVELOPMENT OF POWERFUL IMMUNOTHERAPIES FORALL TYPES OF CANCER. TO ACCOMPLISH THIS, CRI FUNDS LABORATORY,TRANSLATIONAL, AND CLINICAL RESEARCH.

  • STAR PROGRAM - SEE SCHEDULE OTHE LLOYD J. OLD STAR PROGRAM PROVIDES GRANTS OF $1.25 MILLION OVER 5 YEARS TO MID-CAREER SCIENTISTS. THIS LONG-TERM FUNDING IS NOT TIED TO A SPECIFIC RESEARCH PROJECT, BUT RATHER AIMS TO PROVIDE A DEGREE OF FLEXIBILITY AND FREEDOM FOR INVESTIGATORS TO EXPLORE OUTSIDE-THE-BOX AND DISRUPTIVE AVENUES OF RESEARCH. CANDIDATES SELECTED FOR THIS AWARD ARE EXPECTED TO BE FUTURE "STARS" IN THE FIELD OF CANCER IMMUNOLOGY: SCIENTISTS TAKING RISKS.

    Expenses $6,250,000 · Grants $6,250,000

  • FELLOWSHIP PROGRAM - SEE SCHEDULE OTHE CRI POSTDOCTORAL FELLOWSHIP PROGRAM INCLUDES THREE TRACKS OF FELLOWSHIPS PROVIDING CAREER DEVELOPMENT, TRAINING, AND DIVERSITY BUILDING IN IMMUNOLOGY AND IMMUNO-INFOMATICS. THE CRI IRVINGTON POSTDOCTORAL FELLOWSHIP, CRI IRVINGTON POSTDOCTORAL FELLOWSHIP TO PROMOTE RACIAL DIVERSITY, AND THE CRI IMMUNO-INFORMATICS FELLOWSHIP EACH SUPPORT YOUNG IMMUNOLOGISTS AND CANCER IMMUNOLOGISTS AT TOP UNIVERSITIES AND RESEARCH CENTERS AROUND THE WORLD. FELLOWS RECEIVE UP TO $243,000 OVER THREE YEARS TO COVER THE COST OF STIPEND, INCLUDING AN INSTITUTIONAL ALLOWANCE TO HELP PAY FOR THE FELLOW'S RESEARCH SUPPLIES, TRAVEL TO SCIENTIFIC MEETINGS, HEALTH INSURANCE, AND/OR CHILDCARE. OF THE MORE THAN 1,620 CRI POSTDOCTORAL FELLOWS FUNDED TO DATE, MANY HAVE SINCE BECOME HEADS OF MAJOR MEDICAL RESEARCH INSTITUTES, ACADEMIC LEADERS IN PRESTIGIOUS UNIVERSITIES, AND ADMIRED MENTORS TO THE NEXT GENERATION OF IMMUNOLOGISTS AND TUMOR IMMUNOLOGISTS.

    Expenses $6,133,761 · Grants $6,133,761

  • CRI CLINICAL INNOVATOR - SEE SCHEDULE OTHE CRI CLINICAL INNOVATOR SUPPORTS NOVEL CLINICAL STUDIES THAT ADDRESS AREAS OF HIGH UNMET NEED IN CANCER AND SEEKS MECHANISTIC INSIGHTS INTO CLINICAL RESPONSE WITH A GOAL OF PREDICTIVE BIOMARKER DISCOVERY. TO MAXIMIZE THE IMPACT OF EACH CLINICAL TRIAL, CRI WILL ADVISE ON SELECTED STUDIES IN A COORDINATED EFFORT TO OPTIMIZE CLINICAL TRIAL DESIGN AND TRANSLATIONAL STUDIES. FUNDING OF UP TO $1M PER CLINICAL TRIAL IS AWARDED.

    Expenses $2,979,640 · Grants $2,979,640

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $11,265,323 · Grants $7,107,617

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • PAUL C SHIVERICK

    CHAIRMEN

    Total calculated
    $0
    Hours/week
    5

  • ANDREW K TSAI

    CHAIRMEN

    Total calculated
    $0
    Hours/week
    5

  • DONALD J GOGEL

    VICE CHAIRMEN

    Total calculated
    $0
    Hours/week
    3

  • EDGAR R BERNER

    VICE CHAIRMEN

    Total calculated
    $0
    Hours/week
    3

  • GEOFFREY O COLEY

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • THOMAS G MENDELL

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • TONY ALVAREZ II

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • YACOV ARNOPOLIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • PETER L BLOOM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • BRIAN J BRILLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL R CRAWFORD

    TRUSTEE (THRU 4/2024)

    Total calculated
    $0
    Hours/week
    1

  • W ROBERT DAHL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MAXWELL DAVID

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • GLENN J DESIMONE

    TRUSTEE (THRU 7/2023)

    Total calculated
    $0
    Hours/week
    1

  • SEAN P FAHEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM S GOLDBERG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • OLIVER R GRACE JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SANDRA COUDERT GRAHAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • MICHAEL M KELLEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SARAH KIM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • FERN LAZAR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • ALEXANDER P LYNCH

    TRUSTEE (THRU 7/2023)

    Total calculated
    $0
    Hours/week
    1

  • SANDRA OZOLA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • MICHAEL J PETRICK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • LIEF D ROSENBLATT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • ANAND SHAH MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • ADAM SHAPIRO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • FRANK V SICA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAMES A STERN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT S STOLAR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL B TARGOFF

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DIANE TUFT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LAUREN S VERONIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • RONALD G WEINER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JIM WEISS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • PETER ZHOU

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ALFRED R MASSIDAS TO 22025

    CFO & DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $437,598
    From this org
    $347,437
    From related orgs
    $0
    Other
    $90,161
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $347,437
    Bonus
    $0
    Other
    $0
    Deferred
    $35,500
    Nontaxable benefits
    $54,661
    Filer's total
    $437,598

  • JILL O'DONNELL TORMEY TO 824

    CEO & DIRECTOR OF SCIENTIFIC AFFAIRS

    Total calculated
    $612,021
    From this org
    $539,137
    From related orgs
    $0
    Other
    $72,884
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $539,137
    Bonus
    $0
    Other
    $0
    Deferred
    $34,500
    Nontaxable benefits
    $38,384
    Filer's total
    $612,021

  • ALICIA ZHOU PHD START 92024

    CEO

    Total calculated
    $0
    Hours/week
    40

  • KATHRYN BEELEY START 22025

    CFO

    Total calculated
    $0
    Hours/week
    40

  • DEANNE T MARBACH

    DIRECTOR OF MAJOR GIFTS

    Total calculated
    $210,265
    From this org
    $155,690
    From related orgs
    $0
    Other
    $54,575
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,690
    Bonus
    $0
    Other
    $0
    Deferred
    $16,500
    Nontaxable benefits
    $38,075
    Filer's total
    $210,265

  • JAY R CAMPBELL

    MANAGING DIR OF CRI CLINICAL ACCELERATOR

    Total calculated
    $368,098
    From this org
    $284,937
    From related orgs
    $0
    Other
    $83,161
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,937
    Bonus
    $0
    Other
    $0
    Deferred
    $28,500
    Nontaxable benefits
    $54,661
    Filer's total
    $368,098

  • LYNNE A RAPINO

    CHIEF PROGRAM OFFICER

    Total calculated
    $371,914
    From this org
    $287,287
    From related orgs
    $0
    Other
    $84,627
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,287
    Bonus
    $0
    Other
    $0
    Deferred
    $30,000
    Nontaxable benefits
    $54,627
    Filer's total
    $371,914

  • RUPINDER KAUR

    CHIEF INFORMATION OFFICER

    Total calculated
    $312,261
    From this org
    $247,910
    From related orgs
    $0
    Other
    $64,351
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,910
    Bonus
    $0
    Other
    $0
    Deferred
    $26,000
    Nontaxable benefits
    $38,351
    Filer's total
    $312,261

  • SHARON S SLADE

    CHIEF MARKETING OFFICER

    Total calculated
    $321,163
    From this org
    $273,403
    From related orgs
    $0
    Other
    $47,760
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $273,403
    Bonus
    $0
    Other
    $0
    Deferred
    $28,000
    Nontaxable benefits
    $19,760
    Filer's total
    $321,163

  • BRIAN M BREWER

    CHIEF COMMUNICATIONS OFFICER

    Total calculated
    $148,135
    From this org
    $148,135
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • MARLA S LAWSON

    ASSOC DIR OF CORPORATE RELATIONS

    Total calculated
    $188,031
    From this org
    $136,015
    From related orgs
    $0
    Other
    $52,016
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,015
    Bonus
    $0
    Other
    $0
    Deferred
    $13,850
    Nontaxable benefits
    $38,166
    Filer's total
    $188,031

  • QING HUA ZHANG

    CONTROLLER

    Total calculated
    $201,199
    From this org
    $147,203
    From related orgs
    $0
    Other
    $53,996
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,203
    Bonus
    $0
    Other
    $0
    Deferred
    $15,800
    Nontaxable benefits
    $38,196
    Filer's total
    $201,199

  • SAMIK K UPADHAYA

    ASST DIRECTOR, SCIENTIFIC AFFAIRS

    Total calculated
    $199,980
    From this org
    $145,770
    From related orgs
    $0
    Other
    $54,210
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,770
    Bonus
    $0
    Other
    $0
    Deferred
    $16,000
    Nontaxable benefits
    $38,210
    Filer's total
    $199,980

  • SHASELL NEGRON

    ASSOC DIR, COMMUNITY FUNDRAISING

    Total calculated
    $159,436
    From this org
    $126,437
    From related orgs
    $0
    Other
    $32,999
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,437
    Bonus
    $0
    Other
    $0
    Deferred
    $13,500
    Nontaxable benefits
    $19,499
    Filer's total
    $159,436

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 · Form 990 of other organizations
  • 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

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
26 February 2025
IRS schema version
2023v6.0
Source object
202510629349301406

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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