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New York STEM Cell Foundation

New York, NY · EIN 20-2905531 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

New York STEM Cell Foundation reported $25.9 million in revenue and $40.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.71 went to program services, $6.06 to management and general costs and $4.23 to fundraising. Its largest source of revenue was contributions and grants: 101.1% of the total. The highest compensation it reported for one person was $712,152 (PRESIDENT AND CEO). 44 people received more than $100,000 in reportable compensation. Revenue rose 20% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $40M

For 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 June 30, 2025 · Form 990, Part VIII · total revenue $26M

Other revenue was negative: −$306K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 169 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.7%83.9%
Management & general
Part IX 25(C) ÷ 25(A)
6.1%12.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.2%0.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
101.1%72.7%
Government grants share of revenue
Part VIII 1e ÷ 12
4.2%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%5.8%
Highest reported compensation
Part VII-A, columns D–F
$712,152$628,890
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.76%1.94%
People paid over $100,000
Part VII, line 2
4418
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.513.3
Independent voting board members
Part VI 1a–1b
13 of 1393.8%

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 expense
$36M expenses · 100.0% of program spending · grants $6.7M

No description in Part III; see the filing.

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 40.00 hrs/week
$698,208$0$13,944$712,152
CFO & COO
Officer, 40.00 hrs/week
$578,750$0$30,460$609,210
VICE PRESIDENT, STEM CELL
Key employee, 40.00 hrs/week
$397,722$0$30,342$428,064
CHIEF ADVANCEMENT OFFICER
Key employee, 40.00 hrs/week
$318,850$0$12,761$331,611
SENIOR VICE PRESIDENT, SCI
Key employee, 40.00 hrs/week
$307,849$0$22,836$330,685
VICE PRESIDENT, CELL THEORY
Key employee, 40.00 hrs/week
$286,400$0$28,129$314,529
CHIEF OF STAFF
Key employee, 40.00 hrs/week
$290,710$0$11,061$301,771

44 people received more than $100,000 in reportable compensation from New York STEM Cell Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$26M$40M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$26M$40M89.7%−$1.7M$712,152
FY2024 ⓘ$23M$44M91.3%$13M$636,815
FY2023 ⓘ$30M$43M91.0%$34M$633,343
FY2022 ⓘ$38M$42M91.3%$48M$864,902
FY2021 ⓘ$44M$40M91.3%$52M$806,485
FY2020 ⓘ$22M$35M91.0%$47M$742,515

Governance 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–1b13 · 13 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 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • 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 5155
  • Volunteers Part I, line 613

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
GOODWIN PROCTER LLC
Legal
$326,047
ENNEAD ARCHITECH LLC
Construction consultant
$115,920

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

46 private foundations reported grants to New York STEM Cell Foundation totaling $20M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from New York STEM Cell Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New York STEM Cell Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All medical research charities · Largest charities in New York

Questions people ask

How much of New York STEM Cell Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, New York STEM Cell Foundation reported that 89.7% of its $40.4 million in expenses went to program services, 6.1% to management and general and 4.2% to fundraising (Form 990, Part IX).

How much does New York STEM Cell Foundation pay its top executive?

The largest total compensation New York STEM Cell Foundation reported for one person in the fiscal year ending June 30, 2025 was $712,152, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does New York STEM Cell Foundation get its money?

Of $25.9 million in revenue in the fiscal year ending June 30, 2025, 101.1% came from contributions and grants (including 4.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is New York STEM Cell Foundation a registered charity?

The IRS lists EIN 20-2905531 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 June 30, 2025, object 202641349349310459 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349312920 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349306418 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331319349304468 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231329349303758 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101379349301160 · read the filing

All filings for EIN 20-2905531: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.