New York Genome Center Inc

Organization Overview

New York Genome Center Inc is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, New York Genome Center Inc employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Genome Center Inc 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 12/2020, New York Genome Center Inc generated $60.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $72.3m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, New York Genome Center Inc has awarded 54 individual grants totaling $6,688,333. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCING GENOMIC RESEARCH TO DRIVE NOVEL BIOMEDICAL DISCOVERIES TO IMPROVE HUMAN HEALTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH AND RESEARCH SEQUENCING: NYGC'S RESEARCH SCIENTISTS AND FACULTY CONDUCT RESEARCH INTO THE GENETIC FACTORS THAT CONTRIBUTE TO HUMAN DISEASE, BOTH IN THEIR OWN PROJECTS AND THROUGH COLLABORATIONS. NYGC RESEARCHERS HAVE PROJECTS UNDERWAY IN CANCER, INCLUDING LUNG, LIVER, BREAST AND MELANOMA, A MULTISITE VERY RARE CANCER PROJECT AND A LARGE COLLABORATIVE PROJECT STUDYING CANCER IN UNDERSERVED POPULATIONS IN NYC; NEURODEGENERATIVE DISEASES, INCLUDING ALS AND DEMENTIA AND NEUROPSYCHIATRIC DISEASES, FOCUSING ON AUTISM, AMONG OTHERS. IN 2021, NYGC SEQUENCED OVER 4,500 WHOLE GENOME SAMPLES, AS WELL AS NEARLY 6,000 COVID VIRAL SAMPLES, COMPLETED 611 PROJECTS, AND COLLABORATED WITH 101 INVESTIGATORS FROM 52 INSTITUTIONS WORLDWIDE. FOR MORE INFORMATION SEE SCHEDULE O.


CLINICAL SEQUENCING: NYGC IS AUTHORIZED BY THE NEW YORK STATE DEPARTMENT OF HEALTH TO OFFER THE FOLLOWING APPROVED CLINICAL TESTS THROUGH ITS CLEP/CLIA CERTIFIED CLINICAL LABORATORY: CONSTITUTIONAL WHOLE GENOME SEQUENCING FOR UNDIAGNOSED DISEASE, CONSTITUTIONAL WHOLEGENOME SEQUENCING FOR PREDISPOSITIONAL GENETIC SCREENING, ONCOLOGY WHOLE GENOME AND TRANSCRIPTOME SEQUENCING, CONSTITUTIONAL WHOLE EXOME SEQUENCING, TARGETED VARIANT TESTING USING SANGER SEQUENCING, ONCOLOGY WHOLE EXOME AND TRANSCRIPTOME SEQUENCING, AND THE SMASH GENOMIC ASSAY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Donnelly Mechanical
Engineering Services
$720,835
Guardian Services Industries Inc
Cleaning Services
$353,833
Tec Systems Inc
Maintenance Services
$177,232
Howson & Howson Llp
Legal Services
$134,310
Kpmg Llp
Accounting Services
$130,113
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$51,639,109
Investment income $90,496
Tax Exempt Bond Proceeds $0
Royalties $878,878
Net Rental Income -$1,064,235
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 $60,783,989

Grants Awarded

Over the last fiscal year, New York Genome Center Inc has awarded $1,343,279 in support to 12 organizations.

Grant RecipientAmount

NEW YORK UNIVERSITY

Org PageRecipient Profile

New York, NY

PURPOSE: RESEARCH SUBAWARD

$440,678

COLD SPRING HARBOR LABORATORY

Org PageRecipient Profile

Cold Spring Harbor, NY

PURPOSE: RESEARCH SUBAWARD

$322,523

COLUMBIA UNIVERSITY

Org PageRecipient Profile

New York, NY

PURPOSE: RESEARCH SUBAWARD

$227,755

MEMORIAL SLOAN KETTERING CANCER CENTER

Org PageRecipient Profile

New York, NY

PURPOSE: RESEARCH SUBAWARD

$110,207

THE BROAD INSTITUTE INC

Org PageRecipient Profile

Cambridge, MA

PURPOSE: RESEARCH SUBAWARD

$71,543

ROCKEFELLER UNIVERSITY

Org PageRecipient Profile

New York, NY

PURPOSE: RESEARCH SUBAWARD

$51,589
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that New York Genome Center Inc has recieved totaling $26,484,188.

Awarding OrganizationAmount
Simons Foundation Inc

New York, NY

PURPOSE: NEW YORK GENOME CENTER 2018 "NEW GIFT"

$20,000,000
The Tow Foundation Inc

New Canaan, CT

PURPOSE: RESTRICTED FUNDING - NEW SEQUENCING TECHNOLOGY EQUIPMENT

$1,500,000
Edelman Fam Foundation

New York, NY

PURPOSE: TO PROVIDE GENERAL SUPPORT TO THE NEW YORK GENOME CENTER TO HOST PUBLIC LECTURES BY RENOWNED SCIENTISTS, CLINICIANS, AND RESEARCHERS.

$1,000,000
American Heart Association Inc

Dallas, TX

PURPOSE: RESEARCH

$805,408
Amyotrophic Lateral Sclerosis Assn

Arlington, VA

PURPOSE: STRATEGTIC INITIATIVE

$575,000
The Jpb Foundation

New York, NY

PURPOSE: THE PROPOSED VIRAL SURVEILLANCE PROGRAM

$500,000
View Grant Recipient Profile

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