Texas Biomedical Research Institute
- Assets
- $256.7m
- Revenue
- $72.9m
- Investments
- $52.1m
- Employees
- 522
- Location
- San Antonio, TX
- Founding
- 05/1953
- Data as of
- 12/2021
- EIN
- 74-1109630
Organization Overview
Texas Biomedical Research Institute is located in San Antonio, TX. The organization was established in 1953. According to its NTEE Classification (H40) the organization is classified as: Diseases of Specific Organs Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Texas Biomedical Research Institute employed 522 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Biomedical Research Institute 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, Texas Biomedical Research Institute generated $72.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $71.7m during the year ending 12/2021. While expenses have increased by 3.3% 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
TEXAS BIOMED IS PIONEERING AND SHARING SCIENTIFIC BREAKTHROUGHS THAT PROTECT YOU, YOUR FAMILIES AND OUR GLOBAL COMMUNITY FROM THE THREAT OF INFECTIOUS DISEASES.
Describe the Organization's Program Activity:
THE SOUTHWEST NATIONAL PRIMATE RESEARCH CENTER PROVIDES ANIMALS THAT SERVE AS RESOURCES TO THE RESEARCH OF TEXAS BIOMED AND OTHER NATIONAL INSTITUTES. IT ALSO CARRIES OUT RESEARCH ITSELF IN THE DEVELOPMENT OF ANIMALS AS A RESEARCH TOOL IN HUMAN DISEASES.
TEXAS BIOMED PERFORMS RESEARCH ON INFECTIOUS DISEASES AND ASSOCIATED CHRONIC CONDITIONS THAT INCREASE SUSCEPTIBILITY TO INFECTION. THESE INCLUDE BASIC RESEARCH OF HOST AND PATHOGEN BIOLOGY, GENETICS, IMMUNOLOGY AND PHYSIOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Larry Schlesinger President & CEO | Officer | 40 | $803,932 |
Dr Deepak Kaushal Director Of Snprc | Officer | 40 | $401,129 |
Mr Bruce Edwards Executive Vice President & CFO | Officer | 40 | $377,746 |
Dr Joanne Turner Executive Vice President, Research | Officer | 40 | $348,182 |
Dr Akudo Anyanwu Vp, Development | Officer | 40 | $343,182 |
Mr John M Heaner Vp, Information Technology & Cto | 40 | $273,383 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smith Protection Security Security | 12/30/21 | $670,383 |
Dmc Mechanical Contracting Llc Mechanical Maintenance | 12/30/21 | $596,354 |
Three Arch Llc Architecture | 12/30/21 | $549,799 |
Flad & Associates Inc Architectural & Engineering Design Servi | 12/30/21 | $472,730 |
Siemens Industry Inc Automation Contractor | 12/30/21 | $309,019 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,436,276 |
| Government grants | $34,266,704 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,955,605 |
| Noncash contributions included in lines 1a–1f | $288,636 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,658,585 |
| Total Program Service Revenue | $22,051,362 |
| Investment income | $1,011,818 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $582,041 |
| Net Rental Income | -$106,871 |
| Net Gain/Loss on Asset Sales | $4,273,364 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,880,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $459,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,439,263 |
| Compensation of current officers, directors, key employees. | $1,122,061 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,551,996 |
| Pension plan accruals and contributions | $1,952,417 |
| Other employee benefits | $3,560,347 |
| Payroll taxes | $1,784,980 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $277,836 |
| Fees for services: Accounting | $172,775 |
| Fees for services: Lobbying | $202,040 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $271,679 |
| Fees for services: Other | $5,928,188 |
| Advertising and promotion | $47,437 |
| Office expenses | $876,174 |
| Information technology | $1,707,065 |
| Royalties | $0 |
| Occupancy | $2,587,437 |
| Travel | $204,216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,984 |
| Interest | $1,492,868 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,747,808 |
| Insurance | $586,499 |
| All other expenses | $708,230 |
| Total functional expenses | $71,727,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,800 |
| Savings and temporary cash investments | $22,698,862 |
| Pledges and grants receivable | $6,409,374 |
| Accounts receivable, net | $13,965,421 |
| 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 | $975,388 |
| Net Land, buildings, and equipment | $73,227,781 |
| Investments—publicly traded securities | $80,068,508 |
| Investments—other securities | $52,113,781 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,228,937 |
| Total assets | $256,689,852 |
| Accounts payable and accrued expenses | $29,154,520 |
| Grants payable | $0 |
| Deferred revenue | $3,216,065 |
| Tax-exempt bond liabilities | $34,914,785 |
| 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 | $30,023,886 |
| Other liabilities | $1,484,662 |
| Total liabilities | $98,793,918 |
| Net assets without donor restrictions | $102,079,533 |
| Net assets with donor restrictions | $55,816,401 |
| 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 | $256,689,852 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Texas Biomedical Research Institute has recieved totaling $200,700.
| Awarding Organization | Amount |
|---|---|
Samf Fund San Antonio, TX PURPOSE: COLLABORATIVE GRANTS | $200,000 |
Mcclane Brown Family Foundation Waco, TX PURPOSE: CHARITABLE | $700 |
Endowment Analysis
| Beg. Balance | $94,621,586 |
| Earnings | $8,422,670 |
| Other Expense | $5,128,491 |
| Grants | $1,184,137 |
| Ending Balance | $96,731,628 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Biomedical Research Institute San Antonio, TX | $256,689,852 | $72,880,870 |
L-Cmd Research Foundation Houston, TX | $1,424,267 | $1,461,243 |
The Difference Principle Foundation Tulsa, OK | $83,598 | $2,326 |
Foundation For Advances In Therapeutics And Prevention Webster, TX | $858,829 | $93,497 |
Hrdl Inc San Antonio, TX | $90,428 | $0 |