Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $0

• 1b · Membership dues

  $0

• 1c · Fundraising events

  $0

• 1d · Related organizations

  $168,537,000

• 1e · Government grants (contributions)

  $0

• 1f · All other contributions, gifts and grants

  $31,475,000

• 1g · Noncash contributions included above

  $0

• 2a · Program service revenue: STUDENT HOUSING

  total $940,000 · related or exempt $940,000 · 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 $33,973 · related or exempt $0 · unrelated business $0 · excluded $33,973

• 4 · Income from investment of tax-exempt bond proceeds

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 5 · Royalties

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $607,612 · other assets $0

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

  securities $260,405 · other assets $0

• 7c · Gain or loss

  securities $347,207 · other assets $0

• 7d · Net gain or loss

  total $347,207 · related or exempt $0 · unrelated business $0 · excluded $347,207

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

  $0

• 11e · Other revenue, total

  $0

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 $52,028,000 · program services $52,028,000

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $0 · program services $0 · management and general $0 · fundraising $0

• 6 · Compensation of disqualified persons

  total $0 · program services $0 · management and general $0 · fundraising $0

• 7 · Other salaries and wages

  total $78,238,000 · program services $74,943,000 · management and general $3,295,000 · fundraising $0

• 8 · Pension plan contributions

  total $5,751,000 · program services $5,253,000 · management and general $498,000 · fundraising $0

• 9 · Other employee benefits

  total $2,432,000 · program services $2,221,000 · management and general $211,000 · fundraising $0

• 10 · Payroll taxes

  total $5,138,000 · program services $4,693,000 · management and general $445,000 · fundraising $0

• 11a · Fees: management

  total $0 · program services $0 · management and general $0 · fundraising $0

• 11b · Fees: legal

  total $18,900 · program services $18,900 · management and general $0 · fundraising $0

• 11c · Fees: accounting

  total $41,896 · program services $41,896 · management and general $0 · fundraising $0

• 11d · Fees: lobbying

  total $0 · program services $0 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $2,237,413 · program services $2,237,413 · management and general $0 · fundraising $0

• 14 · Information technology

  total $390 · program services $390 · management and general $0 · fundraising $0

• 16 · Occupancy

  total $16,792 · program services $16,792 · management and general $0 · fundraising $0

• 22 · Depreciation, depletion and amortization

  total $715,987 · program services $715,987 · management and general $0 · fundraising $0

• 23 · Insurance

  total $0 · program services $0 · management and general $0 · fundraising $0

• 24a · Other expenses: DIRECT RESEARCH OF ACTIVE STUDENTS

  total $52,421,000 · program services $52,421,000 · management and general $0 · fundraising $0

• 24b · Other expenses: STUDENT HOUSING AND LECTURES

  total $2,608,000 · program services $2,608,000 · management and general $0 · fundraising $0

• 24c · Other expenses: LABORATORIES AND BOOKS

  total $129,000 · program services $129,000 · management and general $0 · fundraising $0

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $37,202 · end of year $37,162

• 2 · Savings and temporary cash investments

  beginning of year $231,085 · end of year $235,719

• 3 · Pledges and grants receivable

  beginning of year $0

• 4 · Accounts receivable

  beginning of year $1,698,302 · end of year $2,374,837

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

  $5,075,074

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

  $4,172,961

• 10c · Land, buildings and equipment, net

  beginning of year $1,618,100 · end of year $902,113

• 12 · Investments: other securities

  beginning of year $2,510,709 · end of year $2,510,709

• 17 · Accounts payable and accrued expenses

  beginning of year $1,575 · end of year $12,600

• 25 · Other liabilities

  end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $2,378,558 · end of year $1,667,224

• 28 · Net assets with donor restrictions

  beginning of year $3,715,265 · end of year $4,380,716

The filer's explanations (Part III)

Schedule J, Part I, Line 3

ALL THE INDIVIDUALS LISTED ON PART VII ARE EMPLOYED AND PAID BY WEIZMANN INSTITUTE OF SCIENCE, AN AFFILIATED ORGANIZATION. THE AFFILIATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH GUIDELINES FOR THE TOP MANAGEMENT OFFICIALS' COMPENSATION: ISRAELI PLANNING AND BUDGETING COMMITTEE (PBC) ESTABLISHES THE COMPENSATION FOR THE SENIOR ACADEMIC STAFF AND TOP MANAGEMENT OFFICIALS. COMPENSATION SURVEYS ARE MAINLY USED IN THE PROCESS OF STAFF RECRUITMENTS.

Schedule J, Part II

FOR THE TRUSTEES WHO ARE PROFESSORS AND RECEIVE COMPENSATION, THE COMPENSATION IS RELATED FOR THEIR SERVICES AS FACULTY PROFESSORS AND NONE IS ATTRIBUTABLE TO THEIR ROLES AS TRUSTEES.