Baim Institute for Clinical Research
Baim Institute for Clinical Research reported $24.4 million in revenue and $15.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $97.81 went to program services, $2.19 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.7% of the total. The highest compensation it reported for one person was $1,133,267 (TRUSTEE (EX-OFFICIO) & PRESIDENT). 29 people received more than $100,000 in reportable compensation. Revenue rose 37% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $16MFor context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $24MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 97.8% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.2% | 12.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.1% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.7% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,133,267 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 7.28% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 29 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 22.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 1 of 8 | 93.8% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseClinical trial services - design and coordinate clinical trials, manage the conduct of the trials and perform analysis of the clinical trial results for academic, publishing and fda submission and review purposes
Academic support - baim provides financial support for researchers associated with various organizations, including beth israel deaconess medical center, which also serves as one of baim's members, brigham and women's hospital, massachusetts general hospital, and boston university, for designing and conducting clinical research and for training and academic activities
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| TRUSTEE (EX-OFFICIO) & PRESIDENT Director/trustee, officer, 35.00 hrs/week | $523,504 | $521,362 | $88,401 | $1,133,267 |
| TTEE (EX-OFF); (CAO, BIDMC & BILH) Director/trustee, 1.00 hrs/week | $0 | $783,628 | $92,360 | $875,988 |
| TTEE (EX-O)/CHAIR; (CHIEF MED BIDMC) Director/trustee, officer, 1.00 hrs/week | $0 | $754,080 | $73,968 | $828,048 |
| TTEE (EXOFF)(CHIEF,BIDMC CARDIO MED) Director/trustee, 1.00 hrs/week | $0 | $719,509 | $43,076 | $762,585 |
| TTEE (EX-OFF); CFO, BIDMC Director/trustee, 1.00 hrs/week | $0 | $558,652 | $54,959 | $613,611 |
| FRMR TTEE & CHAIR (PHYSICIAN, BIDMC) Former, 0.00 hrs/week | $0 | $539,899 | $68,429 | $608,328 |
| CMO; SECTION CHIEF CARDIOLOGY, BIDMC Key employee, 1.00 hrs/week | $0 | $492,765 | $78,819 | $571,584 |
| TTEE (EX-OFF) & TREAS; CFO, HFMP Director/trustee, officer, 1.00 hrs/week | $0 | $451,681 | $49,091 | $500,772 |
29 people received more than $100,000 in reportable compensation from Baim Institute for Clinical Research (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 1 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 585
- Volunteers Part I, line 61
Correct a figure or respond
Every number above is copied from Baim Institute for Clinical Research's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Baim Institute for Clinical Research, you can publish a response that is linked from this page.
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Of every $100 Baim Institute for Clinical Research spent in FY2025, $97.81 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Baim Institute for Clinical Research's spending goes to programs?
In the fiscal year ending September 30, 2025, Baim Institute for Clinical Research reported that 97.8% of its $15.6 million in expenses went to program services, 2.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Baim Institute for Clinical Research pay its top executive?
The largest total compensation Baim Institute for Clinical Research reported for one person in the fiscal year ending September 30, 2025 was $1,133,267, for the role of TRUSTEE (EX-OFFICIO) & PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Baim Institute for Clinical Research get its money?
Of $24.4 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 96.7% from program service revenue (Form 990, Part VIII).
Is Baim Institute for Clinical Research a registered charity?
The IRS lists EIN 04-3521077 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632269349302338 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542279349302429 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349301248 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302269349303250 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133169349303063 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013109349302951 · read the filing
All filings for EIN 04-3521077: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.