California Institute for BioMedical Research
- Assets
- $0.0
- Revenue
- $98.8m
- Investments
- $0.0
- Employees
- 157
- Location
- La Jolla, CA
- Founding
- Data as of
- 09/2018
- EIN
- 45-3682796
Organization Overview
California Institute for BioMedical Research is located in La Jolla, CA. As of 09/2018, California Institute for BioMedical Research employed 157 individuals. California Institute for BioMedical 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 09/2018, California Institute for BioMedical Research generated $98.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $40.4m during the year ending 09/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE CALIFORNIA INSTITUTE FOR BIOMEDICAL RESEARCH (CALIBR) ACCELERATES THE TRANSLATION OF BASIC BIOMEDICAL RESEARCH TO NEW MEDICINES FOR UNMET MEDICAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH GRANTS AND CONTRACTS ARE RECEIVED FROM PUBLIC AND PRIVATE INSTITUTIONS AND ARE USED TO CONDUCT BIOMEDICAL RESEARCH. IN THE CURRENT FISCAL YEAR, CALIBR CONDUCTED RESEARCH THROUGH A PRIVATE COLLABORATION AGREEMENT ON AUTOIMMUNE AND INFLAMMATORY DISEASES, CANCER BIOLOGY, CARDIOVASCULAR METABOLIC DISEASES AND NEUROBIOLOGY. IN ADDITION, IT CONDUCTED RESEARCH FOR THE TREATMENT OF SPINAL MUSCULAR ATROPHY, JUVENILE DIABETES, TB DRUG DEVELOPMENT, OSTEOARTHRITIS, CRYPTOSPORIDIOSIS AND MALARIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter G Schultz Ceo/president & Chair | OfficerTrustee | 40 | $285,562 |
Herbert Boyer Board Member | Trustee | 1 | $0 |
Ronald Burkle Board Member | Trustee | 1 | $0 |
Gerald Chan Start 32918 Board Member | Trustee | 1 | $0 |
John D Diekman Start 32918 Board Member | Trustee | 1 | $0 |
Mark Edwards Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alexandria Rental Services | 9/29/18 | $1,418,100 |
Cooley Legal Services | 9/29/18 | $396,656 |
Wilson Sonsini Goodrich & Rosati Legal Services | 9/29/18 | $614,306 |
Rsm Us Llp Accounting | 9/29/18 | $184,500 |
Ingenium Waste Removal | 9/29/18 | $156,970 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $698,146 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,740,601 |
| Noncash contributions included in lines 1a–1f | $300,226 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,438,747 |
| Total Program Service Revenue | $63,285,520 |
| Investment income | $167,492 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $25,422 |
| Net Rental Income | $1,524,530 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,797,059 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $124,436 |
| 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. | $569,774 |
| Compensation of current officers, directors, key employees. | $569,774 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,947,634 |
| Pension plan accruals and contributions | $182,794 |
| Other employee benefits | $664,291 |
| Payroll taxes | $588,466 |
| Fees for services: Management | $490,855 |
| Fees for services: Legal | $2,247,041 |
| Fees for services: Accounting | $145,194 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $88,427 |
| Information technology | $506,643 |
| Royalties | $0 |
| Occupancy | $5,458,192 |
| Travel | $98,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,658 |
| Interest | $5,518 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,722,749 |
| Insurance | $166,447 |
| All other expenses | $706,972 |
| Total functional expenses | $40,377,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |