Lieber Institute Inc
- Assets
- $31.1m
- Revenue
- $22.9m
- Investments
- $2.4m
- Employees
- 142
- Location
- Baltimore, MD
- Founding
- 07/2009
- Data as of
- 06/2022
- EIN
- 26-3690883
Organization Overview
Lieber Institute Inc, operating under the name The Lieber Institute For Brain Devlp, is located in Baltimore, MD. The organization was established in 2009. According to its NTEE Classification (H48) the organization is classified as: Brain Disorders Research, under the broad grouping of Medical Research and related organizations. As of 06/2022, Lieber Institute For Brain Devlp employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lieber Institute For Brain Devlp 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 06/2022, Lieber Institute For Brain Devlp generated $22.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $29.5m during the year ending 06/2022. While expenses have increased by 3.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE LIEBER INSTITUTE IS TO TRANSLATE THE UNDERSTANDING OF BASIC GENETIC AND MOLECULAR MECHANISMS OF SCHIZOPHRENIA AND RELATED DEVELOPMENTAL BRAIN DISORDERS INTO CLINICAL ADVANCES THAT CHANGE THE LIVES OF AFFECTED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICAL SCIENCES: THE CLINICAL SCIENCE DIVISION INVESTIGATES MECHANISMS OF SCHIZOPHRENIA AND RELATED BRAIN DISORDERS IN CLINICAL STUDIES AND IN BIOLOGICAL MATERIAL FROM CLINICAL SAMPLES SPECIFICALLY ASCERTAINED, EVALUATED AND MANAGED BY INSTITUTE STAFF AND THROUGH COLLABORATIONS WITH JOHNS HOPKINS UNIVERSITY, THE NATIONAL INSTITUTE OF MENTAL HEALTH (NIMH), PEKING UNIVERSITY, UNIVERSITY OF BARI (ITALY), AND OTHERS.
BASIC SCIENCES: THE CREATION OF MODEL SYSTEMS AT THE INSTITUTE TO STUDY PSYCHIATRIC ILLNESS IS THE MAJOR GOAL OF THE BASIC SCIENCES RESEARCH PROGRAM. USING OUR UNIQUE COLLECTION OF HUMAN BRAIN MATERIAL AND INDUCED PLURIPOTENT STEM CELL LINES, WE ARE DEFINING THE MOLECULAR SIGNATURE OF DISEASE RISK. TO PROVIDE THE BASIS FOR THERAPEUTIC INTERVENTION WE ARE DEVELOPING NEW TECHNOLOGIES USING HUMAN STEM CELLS TO IDENTIFY THE FUNCTIONAL CONSEQUENCES OF GENETIC RISK FACTORS.
DRUG DISCOVERY: IMPROVED GENETIC UNDERSTANDING OF DISEASES OF BRAIN DEVELOPMENT IS REVEALING NEW DRUG DISCOVERY OPPORTUNITIES. GUIDED BY GENETICS, THE INSTITUTE'S DRUG DISCOVERY DIVISION IS INVESTIGATING NEW TARGETS FOR PSYCHIATRIC DISEASES, WITH THE GOAL OF VALIDATING INNOVATIVE APPROACHES THAT WILL LEAD TO NOVEL MEDICINES FOR PATIENTS SUFFERING FROM PSYCHIATRIC DISEASE. THE DRUG DISCOVERY DIVISION MAINTAINS A STATE OF THE ART MEDICINAL CHEMISTRY LABORATORY AND UNIQUE CAPABILITIES IN TARGET VALIDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel R Weinberger CEO & Director | OfficerTrustee | 40 | $733,926 |
Elaine Jones Chief Operating Officer | Officer | 40 | $402,589 |
Thomas Michael Hyde Chief Medical Officer | Officer | 40 | $400,557 |
Joel E Kleinman Assoc. Dir. Of Clinical Sc | 40 | $386,209 | |
Andrew Maslan CFO & Treasurer | Officer | 40 | $337,916 |
James Barrow Assoc. Dir. Of Drug Discov | Officer | 40 | $304,433 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arnold And Porter Llp Legal Services | 6/29/15 | $248,940 |
King And Spalding Llp Legal Services | 6/29/15 | $442,671 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,600,403 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,479,975 |
| Noncash contributions included in lines 1a–1f | $5,000,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,080,378 |
| Total Program Service Revenue | $2,921,001 |
| Investment income | $697,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,437,385 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,894,222 |
| 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. | $2,342,466 |
| Compensation of current officers, directors, key employees. | $791,697 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,553,382 |
| Pension plan accruals and contributions | $485,437 |
| Other employee benefits | $1,318,843 |
| Payroll taxes | $811,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $110,440 |
| Fees for services: Accounting | $78,350 |
| Fees for services: Lobbying | $52,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,162,238 |
| Advertising and promotion | $51,491 |
| Office expenses | $1,135,424 |
| Information technology | $280,219 |
| Royalties | $0 |
| Occupancy | $3,300,122 |
| Travel | $144,972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,292 |
| Interest | $4,799 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,232,501 |
| Insurance | $61,688 |
| All other expenses | $66,150 |
| Total functional expenses | $29,512,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,818,627 |
| Savings and temporary cash investments | $874,880 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,029,964 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $522,545 |
| Net Land, buildings, and equipment | $3,199,498 |
| Investments—publicly traded securities | $20,059,283 |
| Investments—other securities | $2,431,210 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $170,203 |
| Total assets | $31,106,210 |
| Accounts payable and accrued expenses | $3,329,562 |
| Grants payable | $0 |
| Deferred revenue | $1,198,822 |
| Tax-exempt bond liabilities | $0 |
| 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 | $1,272,830 |
| Total liabilities | $5,801,214 |
| Net assets without donor restrictions | $24,310,645 |
| Net assets with donor restrictions | $994,351 |
| 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 | $31,106,210 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lieber Institute Inc has recieved totaling $49,892.
| Awarding Organization | Amount |
|---|---|
| $34,819 | |
Weisman Family Foundation Lantana, FL PURPOSE: TO HELP SUPPORT CHARITABLE ORGANIZATIONS | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lieber Institute Inc Baltimore, MD | $31,106,210 | $22,894,222 |
The Stanley Medical Research Institute Rockville, MD | $99,254,523 | $6,081,519 |
Mind Your Brain Berwyn, PA | $206,976 | $300,317 |
Snyder-Robinson Foundation McLean, VA | $316,790 | $193,587 |
International Neuroethics Society Bethesda, MD | $198,567 | $161,018 |
Institute Of Chronic Illnesses Inc Silver Spring, MD | $25,965 | $1 |
Laney Jaymes Foundation Annapolis, MD | $9,151 | $3,917 |
Brain Injury Foundation Merion Station, PA | $3,870 | $280 |
Green Wave Foundation Inc Bel Air, MD | $0 | $0 |