Matrix Biology Institute
- Assets
- $2.1m
- Revenue
- $201.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Edgewater, NJ
- Founding
- 11/1999
- Data as of
- 12/2021
- EIN
- 22-3664789
Organization Overview
Matrix Biology Institute is located in Edgewater, NJ. The organization was established in 1999. According to its NTEE Classification (A90) the organization is classified as: Arts Services, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matrix Biology 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 12/2021, Matrix Biology Institute generated $201.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $581.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
MEDICAL REASEARCH CONDUCTS SCIENTIFIC RESEARCH IN THE INSTITUTES FACILITIES IN THE INTERESTS OF THE GENERAL PUBLIC IN CONNECTION WITH THE BIOLOGY OF THE INTERCELLULAR MATRIX. PUBLICATIONS OF SCHOLARLY RESEARCH SPONSORED BY THE MATRIX BIOLOGY INSTITUTE HAVE APPEARED IN PROFESSIONAL JOURNALS.
PUBLIC EDUCATION - MATRIX BIOLOGY IS COMMITTED TO EXPANDING THE BODY OF KNOWLEDGE AND RESEARCH IN THE FIELD OF THE BIOLOGY OF THE INTERCELLULAR MATRIX AND TO BRING TOGETHER PEOPLE WITH A COMMON INTEREST IN RESEARCH OF THE INTERCELLULAR MATRIX TO SHARE AND DISSEMINATE THE KNOWLEDGE GAINED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah A Wilcox-Adelman Scientist | 40 | $78,524 | |
Claudette A Lugano Administrative | 40 | $67,500 | |
Carlos Belmonte Trustee | 0 | $0 | |
George Oram Trustee | 0 | $0 | |
Janet L Denlinger President | 0 | $0 | |
William Stanley Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $15,091 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $135,172 |
| Capital Gain Net Income | $135,172 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $94 |
| Other Income | $50,750 |
| Total Revenue | $201,109 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $248,867 |
| Pension plans, employee benefits | $98,407 |
| Interest | $0 |
| Taxes | $20,776 |
| Depreciation | $4,359 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,148 |
| Printing and publications | $0 |
| Other expenses | $192,160 |
| Total operating and administrative expenses | $581,760 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $581,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,150 |
| Savings and temporary cash investments | $30,197 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $2,417 |
| Prepaid expenses and deferred charges | $907,809 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $26,404 |
| Other assets | $57,387 |
| Total assets | $2,132,738 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,482 |
| Total liabilities | $9,482 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Matrix Biology Institute has recieved totaling $500,000.
| Awarding Organization | Amount |
|---|---|
The@endre A Balazs Foundation Edgewater, NJ PURPOSE: CHARITY | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert Rauschenberg Foundation New York, NY | $498,786,006 | $26,542,072 |
Corporation Of Yaddo Saratoga Springs, NY | $58,580,101 | $4,491,706 |
The Elizabeth Foundation For The Arts New York, NY | $6,747,925 | $1,576,303 |
Kaatsbaan International Dance Center Inc Tivoli, NY | $2,917,016 | $1,601,121 |
Association For Promotion Of Jewish Secularism Valley Stream, NY | $1,073,582 | $1,051,769 |
Volunteer Lawyers For The Arts Inc New York, NY | $1,760,254 | $1,417,543 |
Womens Studio Workshop Inc Rosendale, NY | $1,606,567 | $544,946 |
New Brunswick Cultural Center Inc New Brunswick, NJ | $14,306,662 | $403,521 |
Smack Mellon Studios Inc Brooklyn, NY | $757,795 | $747,790 |
Writers Room Inc New York, NY | $687,641 | $527,713 |
Matrix Biology Institute Edgewater, NJ | $2,132,738 | $201,109 |
Episcopal Actors Guild Of America Inc New York, NY | $3,231,167 | $522,546 |