Biostl
- Assets
- $12.0m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 07/2011
- Data as of
- 12/2021
- EIN
- 45-2137574
Organization Overview
Biostl is located in St Louis, MO. The organization was established in 2011. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biostl 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, Biostl generated $9.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $10.9m during the year ending 12/2021. While expenses have increased by 8.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BIOSTL ADVANCES ST. LOUIS' PROSPERITY BY CULTIVATING A THRIVING BIOSCIENCE SECTOR. BIOSTL BUILDS REGIONAL CAPACITY, NURTURES A COLLABORATIVE ENVIRONMENT, AND FOCUSES COMMUNITY LEADERSHIP AND RESOURCES TO CAPITALIZE ON THE UNIQUE CONVERGENCE OF ST. LOUIS' CORPORATE, UNIVERSITY, AND ENTREPRENEURIAL STRENGTHS IN MEDICAL AND PLANT BIOSCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPANY CREATION AND ATTRACTION: FUNDING AND SUPPORT TO ORGANIZATIONS AND ENTREPRENEURS/FOUNDERS IN THE FIELDS OF BIOTECHNOLOGY, LIFE SCIENCES, HEALTHCARE, AND OTHER TECHNOLOGIES WHERE THE ST. LOUIS COMMUNITY HAS STRENGTHS. THIS INCLUDES ASSISTING ORGANIZATIONS THAT HELP BUILD SUCCESSFUL, SUSTAINABLE BIOSCIENCES COMPANIES LOCATED IN ST. LOUIS CITY AND THE SURROUNDING COMMUNITY.
COLLABORATION AND EDUCATION: TO FURTHER THE FIELDS OF BIOTECHNOLOGY AND LIFE SCIENCES IN THE CITY OF ST. LOUIS AND SURROUNDING COMMUNITY AND PROMOTE EDUCATION, SCIENTIFIC RESEARCH, ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, AND TRANSFER OF BENEFICIAL TECHNOLOGIES TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donn Rubin President, Secretary, Treasurer | Officer | 30 | $442,414 |
Vijay Chauhan Globalstl Lead | 40 | $246,838 | |
Christina Green VP Finance & Hr | Officer | 40 | $199,900 |
Ben Johnson VP Programs | 40 | $184,805 | |
Mike Higgins VP Development | 40 | $171,427 | |
John Mcdonnell Board Member/chair | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Color Art Interior Decoration | 12/30/19 | $453,471 |
Continuum Technology Group It Services | 12/30/19 | $162,606 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $375,000 |
| Government grants | $933,325 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,066,764 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,375,089 |
| Total Program Service Revenue | $106,028 |
| Investment income | $18,594 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $334,736 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,906,335 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,137,322 |
| 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. | $760,847 |
| Compensation of current officers, directors, key employees. | $422,523 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,845,302 |
| Pension plan accruals and contributions | $161,493 |
| Other employee benefits | $73,682 |
| Payroll taxes | $119,024 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,314 |
| Fees for services: Accounting | $30,982 |
| Fees for services: Lobbying | $126,067 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,369 |
| Fees for services: Other | $604,910 |
| Advertising and promotion | $0 |
| Office expenses | $29,327 |
| Information technology | $102,731 |
| Royalties | $0 |
| Occupancy | $389,267 |
| Travel | $21,933 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $220,113 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,361 |
| Insurance | $0 |
| All other expenses | $86,832 |
| Total functional expenses | $10,926,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350,226 |
| Savings and temporary cash investments | $2,768,580 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,401 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,367,088 |
| Investments—publicly traded securities | $7,352,924 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,388 |
| Total assets | $11,983,607 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $10,597,747 |
| Net assets with donor restrictions | $1,385,860 |
| 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 | $11,983,607 |
Grants Awarded
Over the last fiscal year, Biostl has awarded $6,137,322 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: TO SUPPORT ORGANIZATIONS THAT HELP BUILD BIOSCIENCES COMPANIES LOCATED IN ST. LOUIS CITY AND THE SURROUNDING COMMUNITY | $6,102,058 |
SCIENCE COACH PURPOSE: TO SUPPORT ORGANIZATIONS THAT HELP BUILD BIOSCIENCES COMPANIES LOCATED IN ST. LOUIS CITY AND THE SURROUNDING COMMUNITY | $35,264 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Biostl has recieved totaling $2,230,110.
| Awarding Organization | Amount |
|---|---|
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: COMMUNITY BLDG, IMPROVEMENT & CAPACITY BUILDING | $1,505,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION | $150,000 |
James S Mcdonnell Family Foundation Inc Lincoln, MA PURPOSE: GENERAL SUPPORT | $100,000 |
James S Mcdonnell Family Foundation Inc Lincoln, MA PURPOSE: GENERAL SUPPORT | $100,000 |
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT TO INCREASE SUPPORT FOR ENTREPRENEUR-FOCUSED ECONOMIC DEVELOPMENT IN MISSOURI BY FORMING AN ENTREPRENEURSHIP LEADERSHIP COUNCIL, EXECUTING A PUBLIC AWARENESS CAMPAIGN, AND TRAINING ENTREPRENEURS TO ADVOCATE. 202104-10451 | $100,000 |
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT TO INCREASE SUPPORT FOR ENTREPRENEUR-FOCUSED ECONOMIC DEVELOPMENT IN MISSOURI BY FORMING AN ENTREPRENEURSHIP LEADERSHIP COUNCIL, EXECUTING A PUBLIC AWARENESS CAMPAIGN, AND TRAINING ENTREPRENEURS TO ADVOCATE. 202104-10451 | $85,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ui Labs Chicago, IL | $26,597,327 | $10,302,345 |
Extension Foundation Kansas City, MO | $2,522,851 | $10,713,284 |
Biostl St Louis, MO | $11,983,607 | $9,906,335 |
Kentucky Pharmacy Education And Research Foundation Inc Frankfort, KY | $611,145 | $5,496,404 |
Civic Consulting Alliance Chicago, IL | $1,929,155 | $5,037,330 |
Ku Center For Technology Commercialization Inc Kansas City, KS | $1,367,249 | $3,804,226 |
Beyond Blue Corporation Lexington, KY | $2,739,202 | $2,978,892 |
Center For Computational Science Research Inc River Forest, IL | $2,484,802 | $1,387,253 |
Collaboration For Early Childhood Care And Education Oak Park, IL | $838,106 | $1,572,602 |
Kansas Policy Institute Wichita, KS | $1,303,303 | $1,472,050 |
Astronomical Research Institute Ashmore, IL | $1,645,273 | $509,940 |
Tennessee Pharmacists Research And Education Foundation Nashville, TN | $1,109,479 | $372,333 |