Mclaughlin Research Institute For Biomedical Sciences

Organization Overview

Mclaughlin Research Institute For Biomedical Sciences, operating under the name Mclaughlin Research Institute, is located in Great Falls, MT. The organization was established in 1994. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. As of 06/2020, Mclaughlin Research Institute employed 23 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Mclaughlin Research Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Mclaughlin Research Institute generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE INSTITUTE'S MISSION IS TO IMPROVE HUMAN HEALTH THROUGH INNOVATIVE GENETIC RESEARCH AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING FISCAL YEAR 2020, THE INSTITUTE SCIENTISTS AND STAFF CONTINUED TO WORK TOWARD TRANSLATING RESEARCH ON NEURODEGENERATIVE DISEASES INTO TREATMENT DEVELOPMENT AND DISEASE PREVENTION. SUCH WORK INCLUDED PARTNERSHIPS WITH UP TO TEN COLLABORATORS AND 23 PROJECTS. EFFORTS CONTINUED TOWARDS UNDERTANDING HUNTINGTON'S DISEASE IN COLLABORATION WITH INVESTIGATORS FROM WESTERN WASHINGTON UNIVERSITY AND THE CURE HUNTINGTON'S DISEASE FOUNDATION, WAKE FOREST UNIVERSITY, THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO, MONTANA STATE UNIVERSITY, AND COLUMBIA UNIVERSITY. THE INSTITUTE WAS WELL POSITIONED TO ACT AS A CRITICAL COMPONENT BRINGING PROMISING COMPOUNDS INTO CLINICAL TRIALS WITH SEVERAL PHARMACEUTICAL COMPANIES AND A PRIVATE FOUNDATION COLLABORATING TO SCREEN DEVELOPING THERAPEUTICS FOR SAFETY AND EFFICACY. THE INSTITUTE CONTINUED THE EFFORTS OF THE NIH FUNDED GRANT (AWARDED MARCH 2018) IN THE AMOUNT OF $405,000/YEAR FOR FIVE YEARS ($2 MILLION TOTAL) STUDYING NEUROTRANSMITTERS IN NEURODEGENERATIVE DISEASE. ADDITIONALLY, THE INSTITUTE PRODUCED LABORATORY ANIMALS AND COMPLETED PROCEDURES FOR THREE SUB-AWARDS TOTALING CLOSE TO $86,000; MULTIPLE SUB-CONTRACTS AT OVER $180,000; AND OTHER CONTRACTS FOR $530,000. AS A RESULT OF CONTINUED COMMUNITY OUTREACH THROUGHOUT GREAT FALLS AND GREATER MONTANA, CONTRIBUTIONS TOTALING 1.36 MILLION WERE RECEIVED BY THE INSTITUTE.


THE INSTITUTE CONTINUED EDUCATION PROVIDING SCHOLARSHIPS FOR SUMMER INTERNSHIPS TO TWO STUDENTS HOSTED AT THE INSTITUTE. STUDENTS LEARNED FIRSTHAND LABORATORY TECHNIQUES, EXPERIMENTAL DESIGN, AND DATA ANALYSIS WHILE WORKING DIRECTLY WITH INVESTIGATORS AND RESEARCH STAFF. STUDENT LEAD PRESENTATIONS HIGHLIGHTED THE LEARNING AND GROWTH OF INTERNS OVER THE INTERNSHIP TO FAMILY MEMBERS, STAFF AND BOARD MEMBERS, AS WELL AS THE GREATER GREAT FALLS COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Teresa Gunn
Associate Professor
$114,964
Michael Kavanaugh PHD
Director
$92,550
Jenessa Nitschke
Fin & Res Sup Officer
$78,783
Maxon Davis
Vice-President
$0
John Lane
Secretary
$0
Randy Gray
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $429,513
All other contributions, gifts, grants, and similar amounts not included above$1,656,863
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,086,376
Total Program Service Revenue$293,061
Investment income $102,944
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $394,852
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,881,556

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Mclaughlin Research Institute For Biomedical Sciences has recieved totaling $5,012,029.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$5,002,000
The Carter Chapman Shreve Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$29
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,522,643
Earnings-$63,752
Admin Expense$25,593
Other Expense$188,578
Ending Balance$3,244,720

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