Wistar Institute Of Anatomy & Biology
- Assets
- $414.5m
- Revenue
- $115.8m
- Investments
- $28.5m
- Employees
- 386
- Location
- Philadelphia, PA
- Founding
- 11/1946
- Data as of
- 12/2021
- EIN
- 23-6434390
Organization Overview
Wistar Institute Of Anatomy & Biology is located in Philadelphia, PA. The organization was established in 1946. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Wistar Institute Of Anatomy & Biology employed 386 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wistar Institute Of Anatomy & Biology 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, Wistar Institute Of Anatomy & Biology generated $115.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $69.1m during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 Mission:
Part 3 - Line 1
BIOMEDICAL RESEARCH WITH SPECIAL EXPERTISE IN CANCER RESEARCH AND VACCINE DEVELOPMENT (IMMUNOLOGY).
Describe the Organization's Program Activity:
THE WISTAR INSTITUTE TAKES A COLLABORATIVE, TEAM APPROACH TO PURSUING NEW BIOMEDICAL RESEARCH DISCOVERIES THAT CAN BE TRANSLATED INTO NEXT-GENERATION THERAPEUTICS AND DIAGNOSTICS THROUGH MEANINGFUL PARTNERSHIPS. THE INSTITUTE'S RESEARCH ENTERPRISE IS ORGANIZED INTO TWO MAIN CENTERS: THE WISTAR INSTITUTE CANCER CENTER, WHICH HAS HELD THE NATIONAL CANCER INSTITUTE (NCI)-DESIGNATION SINCE 1972, AND THE VACCINE & IMMUNOTHERAPY CENTER. WISTAR SCIENTISTS BENEFIT FROM THE TECHNOLOGICAL SUPPORT AND STATE-OF-THE-ART INSTRUMENTATION PROVIDED BY THE INSTITUTE'S SHARED RESOURCES. WISTAR RESEARCHERS AND COLLABORATORS CONTINUE TO MAKE SIGNIFICANT, CUTTING-EDGE INSIGHTS INTO THE UNDERLYING MECHANISMS OF DISEASE TO CREATE NEW TARGETED THERAPIES AND IMMUNOTHERAPIES FOR CANCER. WISTAR HAS A PROVEN RECORD OF SUCCESS IN VACCINE DEVELOPMENT THAT HAS LED TO VACCINES AGAINST RUBELLA, RABIES, AND ROTAVIRUS. IN RESPONSE TO THE COVID-19 PANDEMIC, WISTAR SCIENTISTS ARE RESEARCHING INNOVATIVE PREVENTATIVE AND THERAPEUTIC SOLUTIONS FOR SARS-COV-2, INCLUDING A VACCINE DEVELOPED WITH COLLABORATORS IN ACADEMIA AND BIOTECH THAT IS PHASE 2 CLINICAL TESTING. IN LINE WITH ITS HISTORIC COMMITMENT TO EDUCATION AND TRAINING OF THE NEXT GENERATION OF SCIENTISTS, WISTAR HAS LAUNCHED NEW COLLABORATIONS WITH LOCAL AND INTERNATIONAL INSTITUTIONS WITH THE GOAL OF EXPANDING LIFE SCIENCE EDUCATION AND BUSINESS DEVELOPMENT OPPORTUNITIES IN PENNSYLVANIA AND BEYOND. WISTAR HAS A ROBUST RANGE OF STEM-BASED PROGRAMMING FOCUSED ON INCREASING ACCESS FOR UNDER-REPRESENTED POPULATIONS THROUGHOUT THE AREA. WISTAR'S EDUCATIONAL OUTREACH INCLUDES APPRENTICESHIPS, PATHWAYS PROGRAMMING, AND COMMUNITY OUTREACH TO SUPPORT STEM-BASED AND BIOMEDICAL RESEARCH CAREER OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dario Altieri MD President & Ceo, Director Of Wistar Cancer Center | Officer | 55 | $643,096 |
David B Weiner Executive Vice President | Officer | 55 | $438,499 |
Luis Montaner Professor Vice President, Scientific Operations | 55 | $349,845 | |
Jennifer Evans Stacey Vice President, Gen Counsel, Sec & Gov Relations | Officer | 55 | $304,784 |
Heather A Steinman VP For Business Develop & E.d. Tech | Officer | 55 | $293,576 |
Meenhard Herlyn Professor | 55 | $280,533 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allied Universal Security Services Security Services | 12/30/21 | $608,000 |
Triumvirate Environmental Inc Waste Management | 12/30/21 | $297,000 |
Jj White Inc Restoration Services | 12/30/21 | $289,000 |
The Arthur Jackson Company Janitorial Services | 12/30/21 | $891,000 |
Mara Restoration Inc Restoration Services | 12/30/21 | $422,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $35,000 |
| Related organizations | $0 |
| Government grants | $44,757,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,678,000 |
| Noncash contributions included in lines 1a–1f | $1,772,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,470,000 |
| Total Program Service Revenue | $4,522,000 |
| Investment income | $7,187,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,023,000 |
| Net Rental Income | $31,000 |
| Net Gain/Loss on Asset Sales | $3,946,000 |
| Net Income from Fundraising Events | -$2,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,831,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,724,000 |
| Compensation of current officers, directors, key employees. | $1,246,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,070,000 |
| Pension plan accruals and contributions | $1,924,000 |
| Other employee benefits | $3,317,000 |
| Payroll taxes | $1,482,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $756,000 |
| Fees for services: Accounting | $135,000 |
| Fees for services: Lobbying | $88,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $600,000 |
| Fees for services: Other | $3,216,000 |
| Advertising and promotion | $54,000 |
| Office expenses | $221,000 |
| Information technology | $969,000 |
| Royalties | $0 |
| Occupancy | $4,317,000 |
| Travel | $72,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,000 |
| Interest | $1,323,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,709,000 |
| Insurance | $278,000 |
| All other expenses | $170,000 |
| Total functional expenses | $69,091,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,729,000 |
| Savings and temporary cash investments | $27,166,000 |
| Pledges and grants receivable | $31,442,000 |
| Accounts receivable, net | $11,815,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $389,000 |
| Prepaid expenses and deferred charges | $2,045,000 |
| Net Land, buildings, and equipment | $94,254,000 |
| Investments—publicly traded securities | $189,261,000 |
| Investments—other securities | $28,548,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,811,000 |
| Total assets | $414,460,000 |
| Accounts payable and accrued expenses | $13,148,000 |
| Grants payable | $0 |
| Deferred revenue | $12,019,000 |
| Tax-exempt bond liabilities | $52,725,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,066,000 |
| Total liabilities | $79,958,000 |
| Net assets without donor restrictions | $235,004,000 |
| Net assets with donor restrictions | $99,498,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $414,460,000 |
Grants Recieved
Over the last fiscal year, we have identified 24 grants that Wistar Institute Of Anatomy & Biology has recieved totaling $6,724,810.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: SUPPORT INNOVATIVE TECHNOLOGY SOLUTIONS | $2,414,981 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $952,681 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: HIV | $599,903 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: HIV | $561,454 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: VACCINE DEVELOPMENT | $333,973 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $264,600 |
Endowment Analysis
| Beg. Balance | $62,934,000 |
| Earnings | $9,350,000 |
| Net Contributions | $286,000 |
| Other Expense | $1,070,000 |
| Ending Balance | $71,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ludwig Institute For Cancer Research New York, NY | $25,811,385 | $89,264,708 |
Institute For Cancer Research Philadelphia, PA | $148,137,241 | $82,576,402 |
Wistar Institute Of Anatomy & Biology Philadelphia, PA | $414,460,000 | $115,831,000 |
American Association For Cancer Research Philadelphia, PA | $261,131,206 | $103,171,549 |
The Gog Foundation Inc Edgewater, MD | $96,851,330 | $51,133,816 |
Nsabp Foundation Inc Pittsburgh, PA | $90,333,934 | $55,869,172 |
Cancer Research Institute Inc New York, NY | $130,438,312 | $33,675,150 |
Centre County Cancer Center State College, PA | $6,772,389 | $27,589,392 |
Nrg Oncology Foundation Inc Philadelphia, PA | $13,392,636 | $27,206,954 |
Cancer Research America Nfcr Inc Rockville, MD | $12,283,856 | $11,465,290 |
Premier Community Health Dayton, OH | $3,886,537 | $6,142,148 |
Abraham J And Phyllis Katz Cord Blood Foundation Cleveland, OH | $4,596,233 | $6,882,274 |