NonprofitsIndiana Biosciences Research Institute Inc

Science & Technology

Indiana Biosciences Research Institute Inc

INDIANAPOLIS, IN

Total revenue

$5.0M

Total expenses

$18.3M

Net assets

$123.9M

Grants received

$6.8M

9 grants

EIN

462882271

Tax year

2024

Mission

The ibri is an independent life sciences research institute focused on addressing major underserved areas of public health including diabetes, pediatric rare diseases, and alzheimer's disease. The ibri facilitates the growth of the biomedical community by attracting talent and industry to the state and aides in the commercialization of technologies to foster further economic development.

Financials

FY 2024

Revenue

Contributions & grants$2.4M
Program service revenue$1.8M
Investment income$669K
Other revenue$176K
Total revenue$5.0M

Expenses

Grants paid
Salaries & benefits$8.7M
Fundraising$1.1M
Other expenses$9.3M
Total expenses$18.3M
Total assets$148.2M
Net assets$123.9M

People

27 listed

NameRoleCompensation

ALAN PALKOWITZ PhD

PRESIDENT & CEO

Board

$513K

32 hrs/wk

Jeffrey Rhoads PhD

Director

Board

$445K

0.5 hrs/wk

JOHN JAY M MCGILL PhD

CHIEF OPERATING OFFICER & EXEC VP

Board

$397K

39.5 hrs/wk

MICHELE J SAWYER

CHIEF FINANCIAL OFFICER & EXEC VP

Board

$369K

40 hrs/wk

AMY ELIZABETH DEFELICE

CHIEF OFFICER & EXEC VP

Board

$199K

40 hrs/wk

HANY MOSELHI MD

DIRECTOR (Partial Year)

Board

0.5 hrs/wk

JAY HESS MD

PhD MHSA, DIRECTOR

Board

0.5 hrs/wk

DANIEL GOLDEN

DIRECTOR

Board

0.5 hrs/wk

Karen Plaut

Director

Board

0.5 hrs/wk

Michael Huber

VP for University Relations (Partial Year)

Board

0.5 hrs/wk

Russ Mumper

Director (Began 04/29/24)

Board

0.5 hrs/wk

TATIANA FOROUD PhD

DIRECTOR

Board

0.5 hrs/wk

Vince Wong

Director (Began 04/29/24)

Board

0.5 hrs/wk

WENDY SRNIC PhD

DIRECTOR

Board

0.5 hrs/wk

CRISTOPHER JOHNSTON

DIRECTOR

Board

0.5 hrs/wk

Aaron Schacht

Director

Board

0.5 hrs/wk

Michael Harrington

Secretary & Treasurer

Board

0.5 hrs/wk

JOHN C LECHLEITER PhD

VICE CHAIR

Board

0.5 hrs/wk

DANIEL PETERSON

DIRECTOR

Board

0.5 hrs/wk

DANIEL F EVANS JR

EXECUTIVE CHAIR

Board

0.5 hrs/wk

DAVID INGRAM MD

DIRECTOR

Board

0.5 hrs/wk

Debra Luffer-Atlas PhD

Director

Board

0.5 hrs/wk

FRANK LOUIS STANCATO PHD

VICE PRESIDENT - Enabling Technologies

Staff

$254K

40 hrs/wk

Patrick James Kneer

VP - Metabolic Translational Research

Staff

$250K

40 hrs/wk

Sharon Elaine Semones

Vice President - Business Development

Staff

$213K

40 hrs/wk

AMY L ALUISE

Vice President - Research Admin. & Compliance

Staff

$165K

40 hrs/wk

MUSTAPHA MOUSSAIF PhD

SR STAFF SCIENTIST

Staff

$160K

40 hrs/wk

Independent contractors

Strategic Investment Group

Investment Services

$452K

FAEGRE DRINKER BIDDLE REATH

LAW SERVICES

$214K

Grants received

Showing 9 of 9

FromAmountPurposeYear
$545K
T1D RESEARCH
2023
$545K
BETA CELL REGENERATION
2022
$110K
BETA CELL REGENERATION
2021
$5M
IBRI OPERATING ENDOWMENT
2020
$367K
BETA CELL REGENERATION
2019
$28K
TO FUND 3 EXPERIMENTS, ACCORDING TO THE DHPS STUDY PROPOSAL
2019
$25K
PUBLIC, SOCIETAL BENEFIT
2019
$150K
2018
$10K
For grant recipient's exempt purposes
2018

Funded by

$6.8M from 5 funders · 9 grants · 2018–2023

Eli Lilly And Company Foundation

$5M · 1 grant · 2020

Breakthrough T1D

$1.7M · 5 grants · 2018–2023

Dhps Foundation

$28K · 1 grant · 2019

Details

EIN462882271
NTEE codeU05
Subsection03
Ruling date2021-04
Formed2013
Employees105
Volunteers17
INDIANA BIOSCIENCES RESEARCH INSTITUTE INC — Mission, Financials & Grants Received | Grantivo