Astera Institute is located in Berkeley, CA. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Astera 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 12/2022, Astera Institute generated $175.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $33.3m during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
CONDUCTED STUDY OF THE BIOLOGICAL EFFECTS OF PUTATIVE ANTI-AGING INTERVENTIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall C O'reilly Chief Agi Scientist | 40 | $345,508 | |
Michael A Nielsen Research Fellow | 40 | $278,646 | |
Andrew K Richardson Senior Engineer | 40 | $237,333 | |
Michael G Barron Senior Machine Learn | 40 | $189,096 | |
Erdal Tuleu Senior Engineer | 40 | $176,262 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Buck Institute For Research On Aging | 12/30/22 | $2,245,068 |
Nanostring Technologies Inc | 12/30/22 | $321,045 |
Hein-pieter Van Braam | 12/30/22 | $228,515 |
Adam Marblestone | 12/30/22 | $102,000 |
Benjamin Reinhardt | 12/30/22 | $70,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $131,088,513 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,897,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,140,218 |
| Capital Gain Net Income | $130,079,941 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $944,042 |
| Total Revenue | $175,790,313 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $2,201,247 |
| Pension plans, employee benefits | $271,289 |
| Interest | $0 |
| Taxes | $6,070,000 |
| Depreciation | $0 |
| Occupancy | $46,412 |
| Travel, conferences, and meetings | $53,528 |
| Printing and publications | $0 |
| Other expenses | $21,168,435 |
| Total operating and administrative expenses | $33,283,833 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $33,283,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,035,457 |
| Savings and temporary cash investments | $346,538,941 |
| Net Accounts receivable | $5,566 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,765 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,082,492,555 |
| Net Land, buildings, and equipment | $2,351,569 |
| Other assets | $13,615 |
| Total assets | $1,736,656,183 |
| Accounts payable and accrued expenses | $11,491 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $35,000,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,011,491 |