Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $49,996,000

• 1f · All other contributions, gifts and grants

  $7,684,000

• 1g · Noncash contributions included above

  $1,955,000

• 2a · Program service revenue: RESEARCH CONTRACT REVENUE

  total $260,000 · related or exempt $260,000

• 3 · Investment income

  total $10,789,000 · excluded $10,789,000

• 5 · Royalties

  total $4,363,000 · excluded $4,363,000

• 6a · Gross rents

  real property $18,000

• 6b · Less rental expenses

  real property $16,000

• 6c · Rental income or loss

  real property $2,000

• 6d · Net rental income or loss

  total $2,000 · excluded $2,000

• 7a · Gross sales of assets other than inventory

  securities $42,194,000

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

  securities $38,256,000

• 7c · Gain or loss

  securities $3,938,000

• 7d · Net gain or loss

  total $3,938,000 · excluded $3,938,000

• 11a · Other revenue: SALES OF SPECIALIZED SERVICES

  total $209,000 · unrelated business $209,000

• 11d · All other revenue

  total $81,000 · excluded $81,000

• 11e · Other revenue, total

  $290,000

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $4,224,000 · program services $1,924,000 · management and general $1,948,000 · fundraising $352,000

• 7 · Other salaries and wages

  total $25,768,000 · program services $19,730,000 · management and general $5,472,000 · fundraising $566,000

• 8 · Pension plan contributions

  total $2,319,000 · program services $1,921,000 · management and general $376,000 · fundraising $22,000

• 9 · Other employee benefits

  total $4,172,000 · program services $2,874,000 · management and general $1,134,000 · fundraising $164,000

• 10 · Payroll taxes

  total $1,908,000 · program services $1,461,000 · management and general $405,000 · fundraising $42,000

• 11b · Fees: legal

  total $859,000 · program services $7,000 · management and general $852,000

• 11c · Fees: accounting

  total $174,000 · management and general $174,000

• 11d · Fees: lobbying

  total $233,000 · management and general $233,000

• 11f · Fees: investment management

  total $548,000 · management and general $548,000

• 11g · Fees: other

  total $3,933,000 · program services $1,976,000 · management and general $1,706,000 · fundraising $251,000

• 12 · Advertising and promotion

  total $69,000 · management and general $69,000

• 13 · Office expenses

  total $738,000 · program services $262,000 · management and general $460,000 · fundraising $16,000

• 14 · Information technology

  total $2,010,000 · program services $389,000 · management and general $1,582,000 · fundraising $39,000

• 16 · Occupancy

  total $6,055,000 · program services $5,800,000 · management and general $242,000 · fundraising $13,000

• 17 · Travel

  total $531,000 · program services $450,000 · management and general $67,000 · fundraising $14,000

• 19 · Conferences, conventions and meetings

  total $6,000 · program services $3,000 · management and general $3,000

• 20 · Interest

  total $1,326,000 · program services $1,267,000 · management and general $56,000 · fundraising $3,000

• 22 · Depreciation, depletion and amortization

  total $11,429,000 · program services $10,920,000 · management and general $485,000 · fundraising $24,000

• 23 · Insurance

  total $335,000 · management and general $335,000

• 24a · Other expenses: SUBAWARDS

  total $11,643,000 · program services $11,643,000

• 24b · Other expenses: LAB SUPPLIES AND EQUIPM

  total $8,954,000 · program services $8,048,000 · management and general $906,000

• 24c · Other expenses: STIPENDS

  total $1,665,000 · program services $1,658,000 · management and general $7,000

• 24d · Other expenses: TUITION, HONRARIUM, AND

  total $650,000 · program services $590,000 · management and general $20,000 · fundraising $40,000

• 24e · All other expenses

  total $361,000 · program services $269,000 · management and general $79,000 · fundraising $13,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $12,430,000 · end of year $4,674,000

• 2 · Savings and temporary cash investments

  beginning of year $1,976,000 · end of year $6,947,000

• 3 · Pledges and grants receivable

  beginning of year $40,034,000 · end of year $23,636,000

• 4 · Accounts receivable

  beginning of year $7,397,000 · end of year $5,660,000

• 8 · Inventories for sale or use

  beginning of year $698,000 · end of year $298,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,501,000 · end of year $3,476,000

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

  $213,357,000

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

  $117,157,000

• 10c · Land, buildings and equipment, net

  beginning of year $92,445,000 · end of year $96,200,000

• 11 · Investments: publicly traded securities

  beginning of year $214,668,000 · end of year $230,812,000

• 12 · Investments: other securities

  beginning of year $23,262,000 · end of year $21,361,000

• 15 · Other assets

  beginning of year $28,535,000 · end of year $26,086,000

• 17 · Accounts payable and accrued expenses

  beginning of year $16,130,000 · end of year $13,001,000

• 19 · Deferred revenue

  beginning of year $14,411,000 · end of year $3,560,000

• 20 · Tax-exempt bond liabilities

  beginning of year $52,808,000 · end of year $52,836,000

• 27 · Net assets without donor restrictions

  beginning of year $238,327,000 · end of year $245,565,000

• 28 · Net assets with donor restrictions

  beginning of year $103,270,000 · end of year $104,188,000

The filer's explanations (Part III)

PART I, LINE 1A

TAX INDEMNIFICATION AND GROSS-UP PAYMENTS INCLUDE TUITION BENEFITS. DISCRETIONARY SPENDING ACCOUNT INCLUDES SOCIAL CLUB DUES FOR CEO ONLY. ALL AMOUNTS INCLUDED IN TAXABLE COMPENSATION.

PART I, LINE 1B

TAX INDEMNIFICATION AND GROSS-UP PAYMENTS ARE PROVIDED WITH A WRITTEN POLICY. SOCIAL CLUB DUES ARE PROVIDED VIA EMPLOYMENT CONTRACT WITH CEO.

PART I, LINE 7

NON-FIXED PAYMENTS, IN THE FORM OF BONUSES, ARE APPROVED BY THE BOARD EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE. THE BONUSES ARE BASED ON PERFORMANCE INCLUDING LEADERSHIP. REVENUE IS NOT A BASIS FOR A BONUS.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• TALL CELL TECHNOLOGY LP

  EXCLUDED · LICENSING · PA · 90% owned · share of income -$2,000 · share of assets $3,000 · general or managing partner

  Directly controlled by THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• BENEFICIAL INTEREST IN PERPETUAL TRUSTS BNY MELLON WEALTH MANAGEMENT

  T · TRUSTS · PA · 100% owned · share of income -$235,000

  Directly controlled by BNY MELLON BANK

• BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST PNC WEALTH MANAGEMENT

  T · TRUST · PA · 100% owned · share of income $1,705,000 · share of assets $20,000,000

  Directly controlled by PNC BANK

• BENEFICIAL INTEREST IN PERPETUAL TRUSTS PNC INSTITUTIONAL INVESTMENTS

  T · TRUSTS · PA · 100% owned · share of income $200,000 · share of assets $2,451,000

  Directly controlled by PNC BANK