Form 990 for tax year 2022
Filed by SALK INSTITUTE FOR BIOLOGICAL STUDIES.
Totals
- Total revenue
- $173,652,362
- Total expenses
- $167,406,834
- Contributions and grants received
- $150,813,576
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $21,763,570
- Other revenue
- $1,075,216
- Total assets, end of year
- $805,255,578
- Total liabilities, end of year
- $172,966,503
- Net assets or fund balances, end of year
- $632,289,075
- Program services expenses (Part IX)
- $138,470,686
- Management and general expenses
- $23,089,402
- Fundraising expenses
- $5,846,746
- Program service expenses (Part III)
- $138,470,686
Program services were 82.7% 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
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$1,034,108
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$75,856,260
-
1f · All other contributions, gifts and grants
$73,923,208
-
1g · Noncash contributions included above
$1,865,829
-
2a · Program service revenue
total $0 · related or exempt $0 · unrelated business $0
-
2b · Program service revenue
total $0 · related or exempt $0 · unrelated business $0
-
2c · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2d · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2e · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $4,646,388 · related or exempt $0 · unrelated business -$1,937,670 · excluded $6,584,058
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $2,075,128 · related or exempt $0 · unrelated business $0 · excluded $2,075,128
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $175,422,509
-
7b · Less cost or other basis and sales expenses
securities $158,305,327
-
7c · Gain or loss
securities $17,117,182 · other assets $0
-
7d · Net gain or loss
total $17,117,182 · related or exempt $0 · unrelated business $0 · excluded $17,117,182
-
8a · Fundraising events: gross income
$67,600
-
8a · Fundraising events: contributions included on line 1c
$1,034,108
-
8b · Fundraising events: direct expenses
$900,773
-
8c · Net income from fundraising events
total -$833,173 · unrelated business $0 · excluded -$833,173
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11a · Other revenue: OIL ROYALTIES
total $1,781 · related or exempt $0 · unrelated business $0 · excluded $1,781
-
11b · Other revenue: IMAGE USE FEE
total $100,000 · related or exempt $0 · unrelated business $100,000 · excluded $0
-
11c · Other revenue: REVENUE SHARE-HOST VEHICLE CHARGING STAT
total $1,083 · related or exempt $0 · unrelated business $0 · excluded $1,083
-
11d · All other revenue
total -$269,603 · related or exempt $0 · unrelated business $0 · excluded -$269,603
-
11e · Other revenue, total
-$166,739
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $3,901,445 · program services $1,737,484 · management and general $2,008,286 · fundraising $155,675
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $68,660,300 · program services $57,969,040 · management and general $7,382,225 · fundraising $3,309,035
-
8 · Pension plan contributions
total $4,659,041 · program services $3,827,992 · management and general $591,775 · fundraising $239,274
-
9 · Other employee benefits
total $8,978,297 · program services $7,378,128 · management and general $1,140,594 · fundraising $459,575
-
10 · Payroll taxes
total $4,944,031 · program services $4,062,148 · management and general $627,973 · fundraising $253,910
-
11a · Fees: management
total $245,788 · program services $45,000 · management and general $200,788 · fundraising $0
-
11b · Fees: legal
total $1,175,992 · program services $731,698 · management and general $444,294 · fundraising $0
-
11c · Fees: accounting
total $246,005 · program services $0 · management and general $246,005 · fundraising $0
-
11d · Fees: lobbying
total $3,070 · program services $0 · management and general $3,070 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $2,613,145 · program services $0 · management and general $2,613,145 · fundraising $0
-
11g · Fees: other
total $15,698,854 · program services $13,510,928 · management and general $1,831,826 · fundraising $356,100
-
12 · Advertising and promotion
total $25,388 · program services $6,739 · management and general $9,958 · fundraising $8,691
-
13 · Office expenses
total $725,992 · program services $209,809 · management and general $474,323 · fundraising $41,860
-
14 · Information technology
total $3,780,312 · program services $2,610,457 · management and general $869,676 · fundraising $300,179
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $10,289,896 · program services $7,850,311 · management and general $2,028,486 · fundraising $411,099
-
17 · Travel
total $1,155,870 · program services $998,825 · management and general $103,481 · fundraising $53,564
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $1,539,783 · program services $1,094,142 · management and general $326,874 · fundraising $118,767
-
20 · Interest
total $304,349 · program services $0 · management and general $304,349 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $11,692,449 · program services $10,664,887 · management and general $930,913 · fundraising $96,649
-
23 · Insurance
total $458,660 · program services $0 · management and general $458,660 · fundraising $0
-
24a · Other expenses: SCIENTIFIC SUBCONTRACTS
total $9,053,187 · program services $9,053,187 · management and general $0 · fundraising $0
-
24b · Other expenses: RESEARCH SUPPLIES
total $16,297,930 · program services $16,297,930 · management and general $0 · fundraising $0
-
24c · Other expenses: REPAIRS & PARTS
total $278,538 · program services $258,630 · management and general $18,656 · fundraising $1,252
-
24d · Other expenses: UBI TAXES
total $1,675 · program services $0 · management and general $1,675 · fundraising $0
-
24e · All other expenses
total $676,837 · program services $163,351 · management and general $472,370 · fundraising $41,116
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,250,882 · end of year $8,278,560
-
2 · Savings and temporary cash investments
beginning of year $22,475,096 · end of year $24,496,644
-
3 · Pledges and grants receivable
beginning of year $26,741,877 · end of year $36,602,578
-
4 · Accounts receivable
beginning of year $718,748 · end of year $1,159,918
-
5 · Loans and receivables from officers and key people
beginning of year $1,160,629 · end of year $409,357
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $2,325,002 · end of year $2,276,567
-
8 · Inventories for sale or use
beginning of year $15,836 · end of year $23,735
-
9 · Prepaid expenses and deferred charges
beginning of year $2,279,897 · end of year $1,339,293
-
10a · Land, buildings and equipment: cost or other basis
$292,972,954
-
10b · Land, buildings and equipment: accumulated depreciation
$218,232,880
-
10c · Land, buildings and equipment, net
beginning of year $73,224,890 · end of year $74,740,074
-
11 · Investments: publicly traded securities
beginning of year $80,825,357 · end of year $145,400,000
-
12 · Investments: other securities
beginning of year $529,022,668 · end of year $495,706,221
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $9,786,156 · end of year $14,822,631
-
17 · Accounts payable and accrued expenses
beginning of year $42,759,193 · end of year $41,913,073
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $29,265,728 · end of year $25,958,026
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $67,387,318 · end of year $94,236,307
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $4,965,856 · end of year $10,859,097
-
27 · Net assets without donor restrictions
beginning of year $113,937,864 · end of year $112,765,719
-
28 · Net assets with donor restrictions
beginning of year $501,511,079 · end of year $519,523,356
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
INVOLVED IN RESEARCH ACTIVITIES, THE OBJECTIVES OF WHICH ARE THE ADVANCEMENT AND DISSEMINATION OF KNOWLEDGE RELEVANT TO THE HEALTH AND WELLBEING OF HUMANKIND. THE OBJECTIVES ARE MET PRIMARILY THROUGH RESEARCH AND ADVANCED INSTRUCTION IN (A) BIOLOGY, (B) THE CAUSE, PREVENTION AND CURE OF DISEASES, AND (C) THE FACTORS AND CIRCUMSTANCES CONDUCIVE TO THE FULFILLMENT OF HUMANKIND'S BIOLOGICAL POTENTIAL.
Activities or mission (Part I)
BASIC RESEARCH IN THE FOLLOWING: MOLECULAR BIOLOGY & GENETICS, NEUROSCIENCE, AND PLANT BIOLOGY.
-
SEE SCHEDULE O
Expenses $138,470,686
As filed on the 2022 return.
Listed in Part VII
-
Fred Gage PhDFRED GAGE PHD
PRESIDENT (OUTGOING APRIL 2023)/PROFESSOR
- Total calculated
- $938,340
- From this org
- $884,422
- From related orgs
- $0
- Other
- $53,918
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $867,507
- Bonus
- $0
- Other
- $16,915
- Deferred
- $36,600
- Nontaxable benefits
- $17,318
- Filer's total
- $938,340
-
Gerald Joyce MD PhDGERALD JOYCE MD PHD
PRESIDENT (INCOMING APRIL 2023)/PROFESSOR
- Total calculated
- $503,098
- From this org
- $451,511
- From related orgs
- $0
- Other
- $51,587
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $441,224
- Bonus
- $0
- Other
- $10,287
- Deferred
- $36,600
- Nontaxable benefits
- $14,987
- Filer's total
- $503,098
-
Marna C Whittington PhDMARNA C WHITTINGTON PHD
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Richard A Heyman PhDRICHARD A HEYMAN PHD
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Alan D GoldALAN D GOLD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Benjamin H LewisBENJAMIN H LEWIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Carol Gallaher PharmdCAROL GALLAHER PHARMD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Corinne MentzelopoulosCORINNE MENTZELOPOULOS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel C LewisDANIEL C LEWIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel TierneyDANIEL TIERNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
David DolbyDAVID DOLBY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dennis DriverDENNIS DRIVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Donald L CohnDONALD L COHN
TRUSTEE (OUTGOING AUGUST 2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Edwin K HunterEDWIN K HUNTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Eric SagermanERIC SAGERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Frederick J DotzlerFREDERICK J DOTZLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Frederik Paulsen PhDFREDERIK PAULSEN PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Haeyoung Kong Tang PhDHAEYOUNG KONG TANG PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Howard H Newman PhDHOWARD H NEWMAN PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Irving Weissman MDIRVING WEISSMAN MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Irwin M Jacobs Sm ScdIRWIN M JACOBS SM SCD
CHAIR EMERITUS
- Total calculated
- $0
- Hours/week
- 2
-
Jay FlatleyJAY FLATLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Larry E JenningsLARRY E JENNINGS
TRUSTEE (OUTGOING AUGUST 2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Lyn HuttonLYN HUTTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mark KnickrehmMARK KNICKREHM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Markus ReinhardMARKUS REINHARD
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Martyn Goulding PhDMARTYN GOULDING PHD
TRUSTEE/PROFESSOR
- Total calculated
- $313,305
- From this org
- $266,191
- From related orgs
- $0
- Other
- $47,114
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $246,178
- Bonus
- $0
- Other
- $20,013
- Deferred
- $32,622
- Nontaxable benefits
- $14,492
- Filer's total
- $313,305
-
Mary Jane SalkMARY JANE SALK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Reuben Shaw PhDREUBEN SHAW PHD
TRUSTEE/PROFESSOR
- Total calculated
- $463,486
- From this org
- $414,745
- From related orgs
- $0
- Other
- $48,741
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $250,741
- Bonus
- $0
- Other
- $164,004
- Deferred
- $36,600
- Nontaxable benefits
- $12,141
- Filer's total
- $463,486
-
Sanjay K Jha PhDSANJAY K JHA PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Tatyana Sharpee PhDTATYANA SHARPEE PHD
TRUSTEE/PROFESSOR
- Total calculated
- $297,632
- From this org
- $255,675
- From related orgs
- $0
- Other
- $41,957
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $226,204
- Bonus
- $0
- Other
- $29,471
- Deferred
- $29,958
- Nontaxable benefits
- $11,999
- Filer's total
- $297,632
-
Terry Rosen PhDTERRY ROSEN PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Timothy M SchoenTIMOTHY M SCHOEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Wolfgang Busch PhDWOLFGANG BUSCH PHD
TRUSTEE/PROFESSOR
- Total calculated
- $350,046
- From this org
- $306,970
- From related orgs
- $0
- Other
- $43,076
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $215,033
- Bonus
- $0
- Other
- $91,937
- Deferred
- $32,744
- Nontaxable benefits
- $10,332
- Filer's total
- $350,046
-
Julia A Miller JDJULIA A MILLER JD
SECRETARY/GENERAL COUNSEL
- Total calculated
- $448,063
- From this org
- $391,828
- From related orgs
- $0
- Other
- $56,235
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $373,036
- Bonus
- $0
- Other
- $18,792
- Deferred
- $36,600
- Nontaxable benefits
- $19,635
- Filer's total
- $448,063
-
Kim E WitmerKIM E WITMER
TREASURER/SVP FINANCE & ADMN
- Total calculated
- $530,063
- From this org
- $483,502
- From related orgs
- $0
- Other
- $46,561
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $466,254
- Bonus
- $0
- Other
- $17,248
- Deferred
- $36,600
- Nontaxable benefits
- $9,961
- Filer's total
- $530,063
-
Kimberly CastilloKIMBERLY CASTILLO
CHIEF FINANCIAL OFFICER
- Total calculated
- $363,172
- From this org
- $311,772
- From related orgs
- $0
- Other
- $51,400
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $302,168
- Bonus
- $0
- Other
- $9,604
- Deferred
- $36,600
- Nontaxable benefits
- $14,800
- Filer's total
- $363,172
-
David LawrenceDAVID LAWRENCE
EXECUTIVE DIRECTOR, HPI
- Total calculated
- $362,703
- From this org
- $361,608
- From related orgs
- $0
- Other
- $1,095
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $355,385
- Bonus
- $0
- Other
- $6,223
- Deferred
- $1,095
- Nontaxable benefits
- $0
- Filer's total
- $362,703
-
Edward Callaway PhDEDWARD CALLAWAY PHD
PROFESSOR
- Total calculated
- $407,458
- From this org
- $354,745
- From related orgs
- $0
- Other
- $52,713
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $343,386
- Bonus
- $0
- Other
- $11,359
- Deferred
- $36,600
- Nontaxable benefits
- $16,113
- Filer's total
- $407,458
-
Martin Hetzer PhDMARTIN HETZER PHD
CSO (OUTGOING MARCH 2023)/PROFESSOR
- Total calculated
- $494,697
- From this org
- $438,679
- From related orgs
- $0
- Other
- $56,018
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $404,256
- Bonus
- $0
- Other
- $34,423
- Deferred
- $36,600
- Nontaxable benefits
- $19,418
- Filer's total
- $494,697
-
Ronald Evans PhDRONALD EVANS PHD
PROFESSOR
- Total calculated
- $459,974
- From this org
- $427,878
- From related orgs
- $0
- Other
- $32,096
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $392,063
- Bonus
- $0
- Other
- $35,815
- Deferred
- $30,500
- Nontaxable benefits
- $1,596
- Filer's total
- $459,974
-
Samuel Pfaff PhDSAMUEL PFAFF PHD
PROFESSOR
- Total calculated
- $422,396
- From this org
- $366,432
- From related orgs
- $0
- Other
- $55,964
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $294,058
- Bonus
- $0
- Other
- $72,374
- Deferred
- $36,600
- Nontaxable benefits
- $19,364
- Filer's total
- $422,396
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
- 1a · First-class or charter travel
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 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 1a First-class or charter travel
- FIRST-CLASS OR CHARTER TRAVEL: FRED GAGE, PRESIDENT/PROFESSOR - $22,315; GERALD JOYCE, PRESIDENT/PROFESSOR - $2,869; KIM WITMER, SVP-FINANCE & ADMINISTRATION - $858; MARTIN HETZER. CSO/PROFESSOR - $394. NOT TAXABLE - ACCOUNTABLE PLAN.
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SALK INSTITUTE COMMERCIAL SERVICES CORP
C Corporation · MGMT SERVICES · PA · 100% owned · share of income $4 · share of assets $41,138 · controlled entity
Directly controlled by SALK INSTITUTE
-
CHARITABLE REMAINDER TRUSTS (5)
Trust · SUPPORT · CA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441309349302309
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