Form 990 for tax year 2022

Totals

Total revenue

$3,237,337

Total expenses

$3,473,613

Contributions and grants received

$1,722,269

Grants paid

$59,639

Program service revenue

$1,517,316

Investment income

$13,820

Other revenue

-$16,068

Total assets, end of year

$1,941,454

Total liabilities, end of year

$267,808

Net assets or fund balances, end of year

$1,673,646

Program services expenses (Part IX)

$2,987,254

Management and general expenses

$275,546

Fundraising expenses

$210,813

Program service expenses (Part III)

$2,987,254

Program services were 86.0% 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.

Mission and programs · 2022

• THE BIOTEACH PROGRAM FOCUSES ON STRENGTHENING THE ABILITY OF TEACHERS TO DELIVER LAB-CENTERED, INQUIRY-BASED LESSONS IN BIOTECHNOLOGY IN THEIR CLASSROOMS. THE PROGRAM INTRODUCES TEACHERS TO BASIC CONCEPTS IN BIOLOGY AND BIOTECHNOLOGY WITH SPECIFIC LABORATORY-BASED CURRICULA DESIGNED FOR TEACHING CONCEPTS. THE PROGRAM OFFERS FREE PROFESSIONAL DEVELOPMENT WORKSHOPS FOR EDUCATORS; TRAINING, CURRICULA, AND ON AND OFF-SITE MENTORING TO NEWLY TRAINED TEACHERS; ASSISTANCE TO TEACHERS WITH CONTENT ACQUISITION, PREPARATION AND EXECUTION OF CLASSROOM ACTIVITIES. THE PROGRAM ALSO OFFERS GRANTS FOR LAB EQUIPMENT, SUPPLIES AND MATERIALS. STUDENTS ARE INTRODUCED TO CAREERS THROUGH COLLEGE AND CAREER ENGAGEMENT EXPERIENCES WITH COLLEGES AND COMPANIES AND THROUGH OUR BANK OF VOLUNTEER CAREER AMBASSADORS WHO VISIT SCHOOLS AND MEET WITH STUDENTS REMOTELY AND ON-SITE WHEN POSSIBLE.OUR BIOTEACH PROGRAM HELD 12 TEACHER PROFESSIONAL DEVELOPMENT WORKSHOPS, WITH TOTAL ATTENDANCE OF 154 TEACHERS ACROSS ALL WORKSHOPS. ACROSS ALL BIOTEACH PROGRAMMING, WE ENGAGED NEARLY 10,000 STUDENTS IN AUTHENTIC SCIENCE LEARNING. THE TEACHER TRAININGS WERE VERY SUCCESSFUL WITH OVER 90% OF PARTICIPANTS REPORTING AN INCREASE IN CONFIDENCE IN EXECUTING LAB ACTIVITIES IN THEIR CLASSROOM OR REPORTING THAT THEY EXPECT TO UTILIZE THE RESOURCES IN THEIR CLASSROOM. WE WERE ALSO ABLE TO BRING OUR INTENSIVE ACCESS PROGRAM OF AUTHENTIC SCIENCE CONTENT AND CAREER AWARENESS TO OVER 4,250 STUDENTS IN LOW-INCOME AND HIGH-NEED SCHOOL DISTRICTS.

  Expenses $803,580 · Grants $59,639 · Revenue $370,150

• BIOTALENT INCLUDED SEVERAL DIFFERENT PROGRAMS FOCUSED ON UNDERSTANDING, BUILDING, AND SUPPORTING WORKFORCE DEVELOPMENT AND CAREER AWARENESS. ACTIVITIES INCLUDED:A. LABOR MARKET INFORMATION PROVIDE JOB TREND ANALYSIS, AND A GREATERUNDERSTANDING OF THE INDUSTRY'S WORKFORCE NEEDS IN TERMS OF SKILLS TOEDUCATORS AND THOSE IN INDUSTRY. IN 2022, MASSBIOED PUBLISHED THE MASSACHUSETTS LIFE SCIENCES EMPLOYMENT OUTLOOK, AND CONVENED THE LIFE SCIENCES WORKFORCE 2022 CONFERENCE IN MAY, WHICH ATTRACTED OVER 331 PARTICIPANTS.B. CAREER ENGAGEMENT BUILDS A CRITICAL BRIDGE BETWEEN CLASSROOM AND CAREERS. CAREER AMBASSADORS HELP TEACHERS BROADEN THEIR STUDENTS' HORIZONS AND ENCOURAGE AN INTEREST IN THE LIFE SCIENCES. SEVERAL MODES OF INTERACTION ARE OFFERED, FROM FORMAL CAREER PANELS TO SMALL GROUPQ&A SESSIONS.C. APPRENTICESHIP PROGRAMTO GROW AND DIVERSIFY THE WORKFORCE, BIOTALENT LAUNCHED LIFE SCIENCESAPPRENTICESHIP PROGRAM THAT OFFERS STREAMLINED PATHWAYS INTO THEINDUSTRY. THE PROGRAM COMBINES TECHNICAL TRAINING, ON-SITE WORKEXPERIENCE, AND INCOME SUPPORT. WORKING WITH LEADING LIFE SCIENCEEMPLOYERS, MASSBIOED HAS DESIGNED TWO APPRENTICESHIPS - ONE FORBIOMANUFACTURING TECHNICIANS AND ONE FOR CLINICAL TRIAL ASSOCIATES.BOTH PROGRAMS ENABLE INDIVIDUALS TO OBTAIN FOUNDATIONAL KNOWLEDGE ANDINDUSTRY RECOGNIZED SKILLS, AND QUICKLY TRANSITION INTO EMPLOYMENT THATPROVIDES MEANINGFUL WORK, FAMILY-SUSTAINING WAGES, AND CAREER GROWTH.IN 2022, THE APPRENTICESHIP PROGRAM HAD MULTIPLE CYCLES OF APPRENTICETRAINING WITH A TOTAL OF 66 APPRENTICES, 65% OF WHOM WERE FEMALES AND60% WERE POC.

  Expenses $1,649,493 · Revenue $584,539

• OUR PROFESSIONAL TRAINING COURSES PROVIDE TECHNICAL AND SOFT SKILLS TRAINING AND DEVELOPMENT TO INDIVIDUALS IN THE INDUSTRY. THE COURSES ARE DEVELOPED IN CONJUNCTION WITH INDUSTRY PROFESSIONALS AND INCLUDE BIOTECH 101, BIOTECHNOLOGY PROJECT MANAGEMENT, AND LEADERSHIP DEVELOPMENT AMONG OTHERS. IN 2022 CORPORATE PROFESSIONAL TRAINING INTRODUCED NEW TECHNICAL AND SOFT SKILLS TRAINING COURSES WITH A RECORD 622 ENROLLMENTS ACROSS ALL TRAININGS.

  Expenses $164,675 · Revenue $567,966

• CORPORATE PROFESSIONAL DEVELOPMENT (CPD) PROGRAM PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR INCUMBENT WORKERS AND THOSE INTERESTED IN CAREERS IN THE INDUSTRY.

  Expenses $369,506

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• REVERE HIGH SCHOOL

  $0

  PROVIDE SCHOOL WITH BIOLAB EQUIPMENT

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• MASSACHUSETTS BIOTECHNOLOGY COUNCIL INC

  501(C)(6) · PERMITTING AND FOSTERING POSITIVE ENVIRONMENT FOR THE BIOTECHNOLOGY INDUSTRY · MA

Provenance

Return type

form_990

Tax year

2022

Filed

7 November 2023

IRS schema version

2022v5.0

Source object

202303119349301135

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