Ludwig Institute For Cancer Research

Organization Overview

Ludwig Institute For Cancer Research is located in New York, NY. The organization was established in 1971. 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, Ludwig Institute For Cancer Research employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ludwig Institute For Cancer Research 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, Ludwig Institute For Cancer Research generated $89.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $90.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE LUDWIG INSTITUTE FOR CANCER RESEARCH LTD IS A GLOBAL NON-PROFIT INSTITUTE COMMITTED TO IMPROVING THE UNDER- STANDING & CONTROL OF CANCER THROUGH LABORATORY AND CLINICAL RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LABORATORY RESEARCH LEADING TO CLINICAL APPLICATIONS - SEE SCHEDULE O


CLINICAL RESEARCH - SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
University Of Lausanne
Research Services
$13,300,588
University Of Oxford
Research Services
$8,722,848
Milbank Llp
Legal Services
$6,485,617
De Duve Institute
Research Services
$3,094,422
Princeton University
Research Services
$5,100,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$45,000,000
Government grants $4,704,322
All other contributions, gifts, grants, and similar amounts not included above$11,244,086
Noncash contributions included in lines 1a–1f $1,834,220
Total Revenue from Contributions, Gifts, Grants & Similar$60,948,408
Total Program Service Revenue$0
Investment income $277,032
Tax Exempt Bond Proceeds $0
Royalties $2,480,060
Net Rental Income $0
Net Gain/Loss on Asset Sales $22,498,726
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $89,264,708

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Ludwig Institute For Cancer Research has recieved totaling $345,833.

Awarding OrganizationAmount
Muscular Dystrophy Association

Chicago, IL

PURPOSE: RESEARCH

$145,833
Amyotrophic Lateral Sclerosis Assn

Arlington, VA

PURPOSE: DRUG DEVELOPMENT CONTRACT

$125,000
Amyotrophic Lateral Sclerosis Assn

Arlington, VA

PURPOSE: POST DOCTORAL FELLOWSHIP

$75,000
View Grant Recipient Profile

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