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Wisconsin Alumni Research Foundation

  • Madison, WI
  • Tax-exempt since March 1935
  • EIN: 39-0833612

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Alumni Associations (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2024 tax filing, this nonprofit:

Operated a donor-advised fund
Organization maintained a donor-advised fund or similar account through which donors could direct the distribution or investment of funds. Details are reported on Schedule D.

Summary charts: organization finances over time

Revenue
$141M (2024)

Expenses
$156M (2024)

Total Assets
$3.31B (2024)

Total Liabilities
$969M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$140,752,874
Expenses
$155,756,191
Net Income
-$15,003,317
Net Assets
$2,342,315,355
Notable Sources of Revenue Percent of Total Revenue
Contributions $91,464
0.1%
Program Services $26,588,651
18.9%
Investment Income $48,644,548
34.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,295,000
1.6%
Net Fundraising $0
Sales of Assets $60,142,991
42.7%
Net Inventory Sales $0
Other Revenue $2,990,220
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $5,601,648
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $6,861,124
4.4%
Assets/Debt
Total Assets $3,311,169,475
Total Liabilities $968,854,120
Net Assets $2,342,315,355
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Erik Iverson (Trustee/Ceo) $762,445 $15,000 $171,013
Alain Hung (Deputy Chief Investment Officer) $507,656 $0 $76,790
Michael Falk (Chief Ip & Licensing Officer) $452,304 $0 -$562,180
Michael Partsch (Cheif Venture Officer) $417,450 $0 $104,600
Michael Wagner (Investment Director) $412,042 $0 $143,272
Stephanie Adamany (General Counsel (Until 6/30/24)) $406,031 $0 $83,978
John Gransee (Cfo/Coo (Until 9/30/23)) $382,490 $0 $103,601
Jonathan Young (Head Of Warf Therapeutics) $319,566 $0 $127,904
Alyssa Thoeny (Cfo/Senior Director, Finance) $279,499 $0 $58,835
Jeanine Burmania (Senior Director, Ip & Licensing) $264,097 $0 $24,802
Gregory Keenan (Senior Dir, Ventures & Accelerator) $262,868 $0 $82,933
James Berbee (Trustee, Chair) $33,000 $0 $0
Mary Haak Frendscho (Trustee) $27,000 $0 $0
Deborah Keller (Trustee) $27,000 $15,000 $0
Winslow Sargeant (Trustee) $27,000 $15,000 $0
David Smukowski (Trustee) $27,000 $0 $0
James Thomson (Trustee, Treasurer (Interim)) $27,000 $0 $0
Rebecca House (Trustee) $24,000 $0 $0
Patricia Lipton (Trustee, Secretary) $24,000 $15,000 $0
Doris Meissner (Trustee, Vice Chair) $24,000 $0 $0
Jennifer Mnookin (Trustee) $24,000 $0 $0
Asha S Collins (Trustee) $22,250 $0 $0
Paul Leff (Trustee) $22,250 $0 $0
Thomas Tefft (Trustee) $22,250 $0 $0
Peter P Tong (Trustee (Until 10/12/23)) $0 $0 $0
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990
Filed on Nov. 8, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$21,573,356
Expenses
$155,452,922
Net Income
-$177,026,278
Net Assets
$2,253,075,902
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,272,107
Program Services $10,839,539
Investment Income $36,591,760
Bond Proceeds $0
Royalties $0
Rental Property Income $2,250,000
Net Fundraising $0
Sales of Assets -$78,087,754
Net Inventory Sales $0
Other Revenue $3,560,992
Notable Expenses Percent of Total Expenses
Executive Compensation $5,232,878
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $7,722,967
5.0%
Assets/Debt
Total Assets $3,185,260,024
Total Liabilities $932,184,122
Net Assets $2,253,075,902
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Erik Iverson (Trustee/Ceo) $695,303 $15,000 $97,692
Alain Hung (Deputy Chief Investment Officer) $537,078 $0 -$94,697
Michael Wagner (Investment Director) $473,797 $0 $82,446
Michael Falk (Chief Ip & Licensing Officer) $443,307 $0 -$206,271
John Gransee (Cfo/Coo) $416,045 $0 $63,471
Michael Partsch (Cheif Venture Officer) $410,530 $0 $62,126
Stephanie Adamany (General Counsel) $399,230 $0 -$112,374
Jonathan Young (Head Of Warf Therapeutics) $295,991 $0 $74,751
Alyssa Thoeny (Senior Director, Finance) $264,910 $0 -$6,875
Jeanine Burmania (Senior Director, Ip And Licensing) $258,730 $0 -$69,109
James Berbee (Trustee, Chair) $30,000 $0 $0
Mary Haak Frenscho (Trustee) $24,000 $0 $0
Rebecca House (Trustee) $24,000 $0 $0
Deborah Keller (Trustee) $24,000 $15,000 $0
Patricia Lipton (Trustee, Secretary) $24,000 $15,000 $0
Doris Meissner (Trustee, Vice Chair) $24,000 $0 $0
Winslow Sargeant (Trustee) $24,000 $15,000 $0
David Smukowski (Trustee) $24,000 $0 $0
James Thomson (Trustee, Treasurer (Interim)) $24,000 $0 $0
Norman Bobins (Trustee, Treasurer (Until 10/22)) $18,000 $0 $0
Jennifer Mnookin (Trustee) $18,000 $0 $0
Peter P Tong (Trustee) $18,000 $0 $0
Asha S Collins (Trustee) $0 $0 $0
Paul Leff (Trustee) $0 $0 $0
Thomas Tefft (Trustee) $0 $0 $0
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990
Filed on Nov. 2, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$91,812,100
Expenses
$152,502,462
Net Income
-$244,314,562
Net Assets
$2,264,648,870
Notable Sources of Revenue Percent of Total Revenue
Contributions $180,743
Program Services $15,615,211
Investment Income $17,534,364
Bond Proceeds $0
Royalties $0
Rental Property Income $2,250,000
Net Fundraising $0
Sales of Assets -$131,823,272
Net Inventory Sales $0
Other Revenue $4,430,854
Notable Expenses Percent of Total Expenses
Executive Compensation $7,140,581
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $7,557,770
5.0%
Assets/Debt
Total Assets $3,181,896,827
Total Liabilities $917,247,957
Net Assets $2,264,648,870
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Erik Iverson (Trustee/Ceo) $625,596 $15,000 $151,459
Alain Hung (Deputy Chief Investment Officer) $521,114 $0 $298,379
Michael Wagner (Investment Director) $451,863 $0 $184,866
Michael Falk (Chief Ip & Licensing Officer) $410,757 $0 $218,216
John Gransee (Cfo/Coo) $385,157 $0 $147,730
Michael Partsch (Cheif Venture Officer) $378,289 $0 $133,394
Stephanie Adamany (General Counsel) $370,322 $0 $174,029
Jonathan Young (Head Of Warf Therapeutics) $272,191 $0 $132,429
Alyssa Thoeny (Senior Director, Finance) $251,723 $0 $103,591
Jeanine Burmania (Sr Dir, Ventures & Accelerator) $243,541 $0 $148,183
James Berbee (Trustee, Chair) $30,000 $0 $0
Deborah Keller (Trustee) $24,000 $15,000 $0
Winslow Sargeant (Trustee) $24,000 $15,000 $0
Patricia Lipton (Trustee, Secretary) $24,000 $15,000 $0
Rebecca Blank (Trustee) $24,000 $0 $0
Mary Haak Frenscho (Trustee) $24,000 $0 $0
Rebecca House (Trustee) $24,000 $0 $0
David Smukowski (Trustee) $24,000 $0 $0
James Thomson (Trustee) $24,000 $0 $0
Doris Meissner (Trustee, Vice Chair) $24,000 $0 $0
Norman Bobins (Trustee, Treasurer) $24,000 $0 $0
Peter P Tong (Trustee) $21,000 $0 $0
Jeffrey C Sprecher (Trustee (Until 05/22)) $18,000 $0 $0
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990
Filed on Nov. 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$574,150,272
Expenses
$251,069,318
Net Income
$323,080,954
Net Assets
$2,658,775,040
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,438,997
0.9%
Program Services $17,382,944
3.0%
Investment Income $21,968,275
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,250,000
0.4%
Net Fundraising $0
Sales of Assets $515,223,178
89.7%
Net Inventory Sales $0
Other Revenue $11,886,878
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $8,883,818
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $5,877,811
2.3%
Assets/Debt
Total Assets $3,652,632,359
Total Liabilities $993,857,319
Net Assets $2,658,775,040
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Carrie Thome (Former Chief Investment Officer) $996,680 $0 $0
Erik Iverson (Trustee/Ceo) $635,323 $15,000 $188,595
Alain Hung (Deputy Chief Investment Officer) $547,679 $0 $385,385
Michael Falk (Chief Ip And Licensing Officer) $410,089 $0 $494,353
Michael Wagner (Investment Director) $398,120 $0 $178,176
John Gransee (Cfo/Coo) $384,034 $0 $171,121
Michael Partsch (Cheif Venture Officer) $380,523 $0 $147,534
Stephanie Adamany (General Counsel) $352,331 $0 $356,486
Jonathan Young (Head Of Warf Therapeutics) $260,251 $0 $147,948
Alyssa Thoeny (Senior Director, Finance) $246,867 $0 $200,114
Gregory Keenan (Senior Director, Ventures And Accelerator) $239,219 $0 $114,532
James Berbee (Trustee, Chair) $33,000 $0 $0
David Smukowski (Trustee) $27,000 $0 $0
Deborah Keller (Trustee) $27,000 $12,500 $0
Doris Meissner (Trustee, Vice Chair) $27,000 $0 $0
Gordon F Brunner (Trustee) $27,000 $500 $0
Peter P Tong (Trustee) $27,000 $0 $0
Rebecca Blank (Trustee) $27,000 $0 $0
Winslow Sargeant (Trustee) $27,000 $10,000 $0
Jeffrey C Sprecher (Trustee) $24,000 $0 $0
Norman Bobins (Trustee, Treasurer) $24,000 $0 $0
Patricia Lipton (Trustee, Secretary) $24,000 $15,000 $0
James Thomson (Trustee) $22,250 $0 $0
Mary Haak Frenscho (Trustee) $22,250 $0 $0
Rebecca House (Trustee) $22,250 $0 $0
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990
Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,022,585
Expenses
$152,449,434
Net Income
$102,573,151
Net Assets
$2,217,148,537
Notable Sources of Revenue Percent of Total Revenue
Contributions $56,199
0.0%
Program Services $15,289,354
6.0%
Investment Income $24,029,327
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,250,000
0.9%
Net Fundraising $0
Sales of Assets $209,023,110
82.0%
Net Inventory Sales $0
Other Revenue $4,374,595
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $7,778,399
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $7,705,948
5.1%
Assets/Debt
Total Assets $3,167,612,485
Total Liabilities $950,463,948
Net Assets $2,217,148,537
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Carrie Thome (Former Chief Investment Officer) $780,205 $0 $35,767
Erik Iverson (Trustee/Ceo) $642,178 $15,000 $127,929
Alain Hung (Deputy Chief Investment Officer) $496,687 $0 $243,175
Michael Falk (Chief Ip And Licensing Officer) $418,000 $0 $263,725
Michael Wagner (Investment Director) $379,766 $0 $132,681
Leigh Cagan (Ctco Until 3/1/2020) $365,241 $0 $135,815
John Gransee (Cfo/Coo) $359,205 $0 $147,819
Michael Partsch (Chief Venture Officer) $354,192 $0 $99,197
Stephanie Adamany (General Counsel) $308,005 $0 $201,650
Lawrence Prosser (Director Of Finance, Investments) $263,892 $0 $82,274
Jonathan Young (Head Of Warf Therapeutics) $249,154 $0 $98,663
Alyssa Thoeny (Senior Director, Finance) $227,748 $0 $106,512
James Berbee (Trustee, Chair) $36,000 $0 $0
Peter P Tong (Trustee) $32,000 $0 $0
Norman Bobins (Trustee, Treasurer) $30,000 $0 $0
David Smukowski (Trustee) $27,000 $0 $0
Joan Spero (Trustee) $27,000 $0 $0
Patricia Lipton (Trustee, Secretary) $27,000 $10,000 $0
Rebecca Blank (Trustee) $27,000 $0 $0
Carol N Skornicka (Trustee) $24,000 $15,000 $0
Deborah Keller (Trustee) $24,000 $0 $0
Doris Meissner (Trustee, Vice Chair) $24,000 $0 $0
Gordon F Brunner (Trustee) $24,000 $1,500 $0
Winslow Sargeant (Trustee) $24,000 $15,000 $0
Jeffrey C Sprecher (Trustee) $21,000 $0 $0
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990
Filed on Nov. 6, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,976,578
Expenses
$176,664,199
Net Income
-$143,687,621
Net Assets
$2,236,246,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,683,950
5.1%
Program Services $14,836,367
45.0%
Investment Income $14,198,205
43.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,250,000
6.8%
Net Fundraising $0
Sales of Assets -$4,763,669
Net Inventory Sales $0
Other Revenue $4,771,725
14.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $7,914,134
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $6,866,420
3.9%
Assets/Debt
Total Assets $3,030,670,367
Total Liabilities $794,424,367
Net Assets $2,236,246,000
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carrie Thome (Chief Investment Officer) $943,137 $0 $176,826
Erik Iverson (Trustee/Managing Director) $614,722 $15,000 $107,814
Alain Hung (Deputy Chief Investment Of) $554,663 $0 $186,449
Michael Falk (General Counsel/Coo) $414,246 $0 $175,662
Leigh Cagan (Chief Technology Commercia) $380,811 $0 $181,732
John Gransee (Cfo) $369,820 $0 $81,803
Ryan Abrams (Investment Director) $348,495 $0 $90,989
Michael Wagner (Investment Director) $347,216 $0 $65,637
Stephanie Adamany (Deputy General Counsel) $299,182 $0 $159,242
Alyssa Thoeny (Director Of Finance And Accounting) $248,498 $0 $94,968
James Berbee (Trustee/Chair) $30,000 $5,000 $0
Keith R Lobo (Trustee) $29,625 $0 $0
David Smukowski (Trustee) $25,250 $0 $0
Peter P Tong (Trustee) $24,375 $0 $0
Doris Meissner (Trustee/Vice Chair) $24,000 $0 $0
Carol N Skornicka (Trustee) $24,000 $15,000 $0
Joan E Spero (Trustee) $24,000 $0 $0
Gordon F Brunner (Trustee) $24,000 $0 $0
Patricia Lipton (Trustee/Secretary) $24,000 $15,000 $0
Rebecca Blank (Trustee) $24,000 $0 $0
Winslow Sargeant (Trustee) $24,000 $15,000 $0
Deborah Keller (Trustee) $24,000 $0 $0
Norman Bobins (Trustee/Treasurer) $21,000 $0 $0
Jeffrey C Sprecher (Trustee) $18,000 $0 $0
John P Morgridge (Trustee) $0 $0 $0
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990
Filed on Oct. 23, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$263,764,432
Expenses
$403,588,183
Net Income
-$139,823,751
Net Assets
$2,234,159,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $136,650
0.1%
Program Services $15,361,339
5.8%
Investment Income $13,709,790
5.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,400,000
2.4%
Net Fundraising $0
Sales of Assets $223,625,438
84.8%
Net Inventory Sales $0
Other Revenue $4,531,215
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,681,939
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $6,698,371
1.7%
Assets/Debt
Total Assets $3,067,134,832
Total Liabilities $832,975,832
Net Assets $2,234,159,000
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carrie Thome (Chief Investment Officer) $1,095,793 $0 $154,169
Alain Hung (Deputy Chief Investment Officer) $653,626 $0 $166,884
Erik Iverson (Trustee/Managing Director) $611,153 $20,000 $89,948
Michael Falk (General Counsel/Coo) $397,364 $0 $148,525
Leigh Cagan (Chief Technology Commercia) $378,825 $0 $168,408
Ryan Abrams (Investment Director) $280,392 $0 $74,446
Steve Mixtacki (Cfo/Coo) $269,338 $0 -$164,387
Stephanie Adamany (Deputy General Counsel) $254,607 $0 $125,924
John Nagel (Licensing Manager) $214,091 $0 $56,686
Laura Heisler (Director Of Programming) $198,497 $0 $130,530
Alyssa Thoeny (Interim Cfo/Director Of Finance And Accounting) $198,103 $0 $65,869
Peter P Tong (Trustee/Chair) $34,000 $0 $0
Deborah Keller (Trustee) $30,250 $0 $0
Keith R Lobo (Trustee) $29,500 $0 $0
Joan E Spero (Trustee) $27,000 $0 $0
Patricia Lipton (Trustee/Secretary) $27,000 $20,000 $0
Rebecca Blank (Trustee) $27,000 $0 $0
James Berbee (Trustee/Vice Chair) $27,000 $16,000 $0
Doris Meissner (Trustee) $24,000 $0 $0
Carol N Skornicka (Trustee) $24,000 $20,000 $0
Jeffrey C Sprecher (Trustee) $24,000 $0 $0
Norman Bobins (Trustee/Treasurer) $24,000 $0 $0
Winslow Sargeant (Trustee) $24,000 $15,000 $0
David Smukowski (Trustee) $23,750 $0 $0
Gordon F Brunner (Trustee) $22,250 $1,000 $0
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990
Filed on Nov. 6, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$168,067,255
Expenses
$142,470,561
Net Income
$25,596,694
Net Assets
$2,511,198,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,767,702
9.4%
Program Services $17,778,383
10.6%
Investment Income $6,461,465
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,409,753
1.4%
Net Fundraising $0
Sales of Assets $122,323,855
72.8%
Net Inventory Sales $0
Other Revenue $3,326,097
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $7,982,394
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $6,428,220
4.5%
Assets/Debt
Total Assets $2,968,285,167
Total Liabilities $457,087,167
Net Assets $2,511,198,000
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carrie Thome (Chief Investment Officer) $965,336 $0 $210,874
Carl E Gulbrandsen (Trustee/Managing Director) $801,285 $15,000 $34,379
Alain Hung (Assoc Dir Of Investments) $567,237 $0 $188,325
Michael Falk (General Counsel/Coo) $378,376 $500 $215,897
Steve Mixtacki (Cfo/Coo) $366,841 $0 $463,592
Leigh Cagan (Chief Technology Commercia) $358,703 $0 $181,555
Ryan Abrams (Portfolio Manager) $250,268 $0 $75,446
Stephanie Adamany (Deputy General Counsel) $246,871 $0 $139,561
Craig Heim (Portfolio Manager) $242,150 $0 $141,214
Erik Iverson (Trustee/Managing Director) $242,127 $10,000 $22,905
Laura Heisler (Director Of Programming) $193,312 $0 $156,348
Alyssa Thoeny (Interim Cfo/Controller) $180,541 $0 $60,925
Peter P Tong (Trustee/Chair) $47,000 $5,000 $0
Patricia Lipton (Trustee/Secretary) $41,000 $15,000 $0
Joan E Spero (Trustee) $36,000 $0 $0
James Berbee (Trustee/Vice Chair) $36,000 $16,500 $0
Carol N Skornicka (Trustee) $35,500 $15,000 $0
Jeffrey C Sprecher (Trustee) $33,000 $0 $0
Gordon F Brunner (Trustee) $33,000 $1,000 $0
Doris Meissner (Trustee) $28,000 $0 $0
Keith R Lobo (Trustee) $28,000 $0 $0
Norman Bobins (Trustee/Treasurer) $28,000 $0 $0
Rebecca Blank (Trustee) $28,000 $0 $0
Winslow Sargeant (Trustee) $28,000 $5,000 $0
Thomas F Pyle (Trustee) $26,750 $15,500 $0
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990
Filed on Nov. 10, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,936,142
Expenses
$179,741,510
Net Income
-$102,805,368
Net Assets
$2,443,412,599
Notable Sources of Revenue Percent of Total Revenue
Contributions $450,225
0.6%
Program Services $21,891,130
28.5%
Investment Income $23,090,570
30.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,468,100
3.2%
Net Fundraising $0
Sales of Assets $25,571,410
33.2%
Net Inventory Sales $0
Other Revenue $3,464,707
4.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,591,302
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $6,294,029
3.5%
Assets/Debt
Total Assets $2,933,448,759
Total Liabilities $490,036,160
Net Assets $2,443,412,599
Compensation
Key Employees and Officers Compensation Related Other
Carrie Thome (Director Of Investments) $1,035,170 $0 $149,003
Carl E Gulbrandsen (Trustee/Managing Director) $726,411 $20,000 $278,184
Alain Hung (Assoc Dir Of Investments) $621,050 $0 $151,281
Steve Mixtacki (Chief Financial Officer/Co) $377,332 $0 $158,271
Michael Falk (General Counsel) $365,727 $0 $148,594
Leigh Cagan (Chief Technology Commercialization Officer) $355,528 $0 $151,035
Craig Heim (Assistant Portfolio Manager) $231,235 $0 $95,803
Ryan Abrams (Assistant Portfolio Manager) $229,818 $0 $48,298
Stephanie Adamany (Assoc General Counsel) $229,786 $0 $95,044
Laura Heisler (Director Of Programming) $191,962 $0 $118,690
Keith R Lobo (Trustee) $23,750 $0 $0
Peter P Tong (Trustee/Chair) $22,625 $0 $0
Joan E Spero (Trustee) $20,000 $0 $0
Patricia Lipton (Trustee/Secretary) $20,000 $20,000 $0
Norman Bobins (Trustee) $20,000 $0 $0
Doris Meissner (Trustee) $15,000 $0 $0
Thomas F Pyle (Trustee/Treasurer) $15,000 $17,000 $0
Carol N Skornicka (Trustee) $15,000 $20,000 $0
Jeffrey C Sprecher (Trustee) $15,000 $0 $0
Gordon F Brunner (Trustee) $15,000 $1,500 $0
John Rowe (Trustee) $15,000 $20,000 $0
Rebecca Blank (Trustee) $15,000 $0 $0
James Berbee (Vice Chair/Trustee) $15,000 $21,500 $0
Winslow Sargeant (Trustee) $15,000 $0 $0
John P Morgridge (Trustee) $0 $0 $0
See filing for compensation of 1 other people →
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Document Links

990
Filed on Oct. 31, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$306,191,101
Expenses
$162,650,492
Net Income
$143,540,609
Net Assets
$2,499,312,527
Notable Sources of Revenue Percent of Total Revenue
Contributions $357,737
0.1%
Program Services $38,069,760
12.4%
Investment Income $28,355,636
9.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,523,696
0.8%
Net Fundraising $0
Sales of Assets $233,483,536
76.3%
Net Inventory Sales $0
Other Revenue $3,400,736
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $5,689,480
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $6,688,204
4.1%
Assets/Debt
Total Assets $3,204,149,420
Total Liabilities $704,836,893
Net Assets $2,499,312,527
Compensation
Key Employees and Officers Compensation Related Other
Carrie Thome (Director Of Investments) $882,464 $0 $121,644
Carl E Gulbrandsen (Trustee/Managing Director) $684,805 $20,000 $74,484
Alain Hung (Assoc Dir Of Investments) $543,078 $0 $125,202
Steve Mixtacki (Chief Financial Officer/Coo) $358,703 $0 $137,324
Michael Falk (General Counsel/Chief Of S) $343,576 $0 $117,062
Leigh Cagan (Chief Technology Commercialization Officer) $337,434 $0 $159,934
Craig Heim (Assistant Portfolio Manage) $216,341 $0 $74,088
Stephanie Adamany (Assoc General Counsel) $216,079 $0 $79,834
Ryan Abrams (Assistant Portfolio Manage) $210,960 $0 $38,224
Laura Heisler (Director Of Programming) $180,130 $0 $91,933
Keith R Lobo (Trustee) $22,000 $0 $0
Thomas F Pyle (Trustee/Treasurer) $20,000 $16,000 $0
Joan E Spero (Trustee) $20,000 $0 $0
Patricia Lipton (Trustee/Secretary) $20,000 $20,000 $0
John Rowe (Trustee) $20,000 $15,000 $0
Peter P Tong (Trustee/Chair) $16,750 $0 $0
Doris Meissner (Trustee) $15,000 $0 $0
Carol N Skornicka (Trustee) $15,000 $20,000 $0
James Berbee (Vice Chair/Trustee) $15,000 $10,000 $0
Gordon F Brunner (Trustee) $10,262 $500 $0
Norman Bobins (Trustee) $10,000 $0 $0
Rebecca Blank (Trustee) $10,000 $0 $0
Jeffrey C Sprecher (Trustee) $5,000 $0 $0
John P Morgridge (Trustee) $0 $0 $0
Sargent Winslow (Trustee) $0 $0 $0
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Document Links

990
Filed on Sept. 25, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$341,965,058
Expenses
$149,850,739
Net Income
$192,114,319
Net Assets
$2,476,885,892
Notable Sources of Revenue Percent of Total Revenue
Contributions $568,735
0.2%
Program Services $40,515,144
11.8%
Investment Income $34,480,146
10.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,571,977
0.8%
Net Fundraising $0
Sales of Assets $259,698,317
75.9%
Net Inventory Sales $0
Other Revenue $4,130,739
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $4,549,933
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $6,737,639
4.5%
Assets/Debt
Total Assets $3,224,253,090
Total Liabilities $747,367,198
Net Assets $2,476,885,892
Compensation
Key Employees and Officers Compensation Related Other
Carl E Gulbrandsen (Trustee/Managing Director) $636,644 $20,000 $72,524
Carrie Thome (Director Of Investments) $521,513 $0 $112,045
Alain Hung (Assoc Dir Of Investments) $394,376 $0 $120,591
Steve Mixtacki (Chief Financial Officer) $331,117 $0 $135,703
Michael Falk (General Counsel/Chief Of S) $316,119 $0 $115,300
Leigh Cagan (Chief Technology Commercia) $291,295 $0 $158,021
Stephanie Adamany (Assoc General Counsel) $204,582 $0 $78,447
Laura Heisler (Direct Prog Develop't) $170,410 $0 $90,675
Craig Heim (Assistant Portfolio Manager) $169,480 $0 $49,033
Ryan Abrams (Assistant Portfolio Manager) $157,000 $0 $29,146
Keith R Lobo (Trustee) $22,375 $0 $0
Peter P Tong (Trustee) $17,500 $0 $0
Gordon F Brunner (Trustee) $16,500 $0 $0
Ernest A Micek (Trustee) $15,000 $35,000 $0
Thomas F Pyle (Trustee/Treasurer) $15,000 $12,000 $0
Carol N Skornicka (Trustee) $15,000 $20,000 $0
Joan E Spero (Trustee) $15,000 $0 $0
Patricia Lipton (Trustee/Secretary) $15,000 $20,000 $0
Norman Bobins (Trustee) $15,000 $0 $0
John Rowe (Trustee/President) $15,000 $22,000 $0
Doris Meissner (Trustee) $10,000 $0 $0
James Berbee (Trustee) $10,000 $0 $0
Rebecca Blank (Trustee) $5,000 $0 $0
John P Morgridge (Trustee) $0 $0 $0
Jeffrey C Sprecher (Trustee) $0 $0 $0
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Document Links

990
Filed on Nov. 17, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$245,734,995
Expenses
$157,044,297
Net Income
$88,690,698
Net Assets
$2,200,416,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,234,743
0.5%
Program Services $92,021,188
37.4%
Investment Income $30,851,984
12.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,602,509
1.1%
Net Fundraising $0
Sales of Assets $115,045,602
46.8%
Net Inventory Sales $0
Other Revenue $3,978,969
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $4,374,962
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $6,534,146
4.2%
Assets/Debt
Total Assets $2,664,532,026
Total Liabilities $464,115,638
Net Assets $2,200,416,388

Document Links

990
Filed on Jan. 3, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$316,462,024
Expenses
$110,054,725
Net Income
$206,407,299
Net Assets
$2,122,178,015
Notable Sources of Revenue Percent of Total Revenue
Contributions $540,215
0.2%
Program Services $40,119,675
12.7%
Investment Income $28,625,142
9.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,621,084
0.8%
Net Fundraising $0
Sales of Assets $241,236,798
76.2%
Net Inventory Sales $0
Other Revenue $3,319,110
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,615,982
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $7,338,851
6.7%
Assets/Debt
Total Assets $2,586,641,488
Total Liabilities $464,463,473
Net Assets $2,122,178,015

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$378,383,880
Expenses
$118,760,609
Net Income
$259,623,271
Net Assets
$2,034,703,010
Notable Sources of Revenue Percent of Total Revenue
Contributions $50,978,372
13.5%
Program Services $56,126,074
14.8%
Investment Income $15,256,289
4.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,672,961
0.4%
Net Fundraising $0
Sales of Assets $250,946,337
66.3%
Net Inventory Sales $0
Other Revenue $3,403,847
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,437,207
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $6,583,554
5.5%
Assets/Debt
Total Assets $2,516,480,610
Total Liabilities $481,777,600
Net Assets $2,034,703,010

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated