Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $176,365,000

• 1f · All other contributions, gifts and grants

  $37,044,000

• 2a · Program service revenue: STUDENT HOUSING

  total $862,000 · related or exempt $862,000

• 3 · Investment income

  total $34,814 · excluded $34,814

• 7a · Gross sales of assets other than inventory

  securities $800,588

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

  securities $343,109

• 7c · Gain or loss

  securities $457,479

• 7d · Net gain or loss

  total $457,479 · excluded $457,479

Functional expenses

Part IX, the statement of functional expenses.

• 3 · Grants to foreign organizations and individuals

  total $54,901,000 · program services $54,901,000

• 7 · Other salaries and wages

  total $81,397,183 · program services $78,065,876 · management and general $3,331,307

• 8 · Pension plan contributions

  total $6,506,682 · program services $5,955,125 · management and general $551,557

• 9 · Other employee benefits

  total $5,731,084 · program services $5,245,272 · management and general $485,812

• 10 · Payroll taxes

  total $5,305,390 · program services $4,855,663 · management and general $449,727

• 11b · Fees: legal

  total $21,658 · management and general $21,658

• 11c · Fees: accounting

  total $41,029 · management and general $41,029

• 11g · Fees: other

  total $1,270 · management and general $1,270

• 13 · Office expenses

  total $4,117,000 · program services $4,117,000

• 16 · Occupancy

  total $12,711 · management and general $12,711

• 22 · Depreciation, depletion and amortization

  total $449,950 · program services $449,950

• 24a · Other expenses: DIRECT RESEARCH OF ACTI

  total $53,133,000 · program services $53,133,000

• 24b · Other expenses: STUDENT HOUSING

  total $3,093,000 · program services $3,093,000

• 24c · Other expenses: LABORATORIES AND BOOKS

  total $117,000 · program services $117,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $37,162 · end of year $295,875

• 2 · Savings and temporary cash investments

  beginning of year $235,719

• 4 · Accounts receivable

  beginning of year $2,374,837 · end of year $2,828,091

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

  $3,953,757

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

  $3,501,594

• 10c · Land, buildings and equipment, net

  beginning of year $902,113 · end of year $452,163

• 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 $12,600 · end of year $1,575

• 27 · Net assets without donor restrictions

  beginning of year $1,667,224 · end of year $1,220,267

• 28 · Net assets with donor restrictions

  beginning of year $4,380,716 · end of year $4,864,996

The filer's explanations (Part III)

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. SCHEDULE J, PART II, COLUMN B(III) SOCIAL SECURITY AND PENSION PROVISIONS ARE TAXABLE AND ARE THEREFORE REPORTED IN THE "OTHER REPORTABLE COMPENSATION" SECTION, COLUMN B(III).