The Panorama Institute Of Molecular Medicine
- Assets
- $742.3k
- Revenue
- $188.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 12/1996
- Data as of
- 06/2021
- EIN
- 77-0305799
Organization Overview
The Panorama Institute Of Molecular Medicine is located in Sunnyvale, CA. The organization was established in 1996. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panorama Institute Of Molecular Medicine 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 06/2021, Panorama Institute Of Molecular Medicine generated $188.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $32.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (27.1%) per year over the past 4 years. 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
THE ORGANIZATION PERFORMS RESEARCH, DEVELOPS AND ADVANCES INNOVATIVE MEDICINES FOR IMPROVING HUMAN HEALTH AND SAVING LIVES WHICH WILL ULTIMATELY SERVE THE ENTIRE POPULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVERSEEING ANIMAL RESEARCH PRACTICES AND POLICIES. THE IACUC BOARD OF THE ORGANIZATION REVIEWS THE SUBMISSION OF ANIMAL PROTOCOLS ADHEARING TO OLAW RULES AND REGULATION FOR GRANT RESEARCH.
DRUG RESEARCH AND DEVELOPMENT COMPANY.
DRUG RESEARCH ON INNOVATIVE MEDICINES FOR IMPROVING HUMAN HEALTH AND SAVING LIVES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James W Larrick Chief Financial Officer | Officer | 0 | $0 |
Donald Larrick Secretary | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,767 |
| Investment income | $3,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $187,987 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,400 |
| Fees for services: Accounting | $5,165 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $32,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,022 |
| Savings and temporary cash investments | $343,347 |
| 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 | $196,787 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $3,130 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $742,286 |
| Accounts payable and accrued expenses | $4,080 |
| Grants payable | $0 |
| Deferred revenue | $67,560 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $21,266 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,000 |
| Total liabilities | $112,906 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $629,380 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred E Mann Institute For Biomedical Engineering At The Usc Los Angeles, CA | $265,159,414 | $78,284,269 |
Fogarty Institute For Innovation Mountain View, CA | $12,713,454 | $3,362,432 |
Sens Foundation Inc Mountain View, CA | $3,998,305 | $4,002,442 |
Southern California Institute For Research And Education Long Beach, CA | $7,387,710 | $3,555,949 |
Brentwood Biomedical Research Institute Institute Inc Los Angeles, CA | $0 | $493,229 |
Applied Biomedical Science Institute San Diego, CA | $1,308,035 | $2,682,413 |
Agouron Institute Pasadena, CA | $18,754,799 | $1,205,799 |
Beckman Laser Institute Inc Irvine, CA | $7,260,993 | $551,556 |
Biomedical Research Foundation Of Southern Arizona Tucson, AZ | $586,510 | $271,565 |
Sierra Veterans Research And Education Foundation Reno, NV | $966,986 | $793,003 |
Resmed Sleep Disordered Breathing Foundation La Jolla, CA | $6,205,552 | $1,062,570 |
Genetic Information Research Institute Cupertino, CA | $2,360,047 | $437,295 |