Metis Foundation
Metis Foundation reported $14.4 million in revenue and $14.3 million in expenses for calendar year 2024. Of every $100 it spent, $83.89 went to program services, $16.11 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.8% of the total. Government grants made up 99.8%. The highest compensation it reported for one person was $430,686 (CHAIR, BOARD MEMBER). 9 people received more than $100,000 in reportable compensation. Revenue rose 204% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $14MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.9% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.1% | 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 | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.8% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 99.8% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $430,686 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.01% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 9 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 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
2024 · Form 990, Part III · the three largest programs by expenseW81XWH-19-2-0016 Development of a radiation dose response in rats. Besides survival, outcome measures include physiological parameters, coagulopathy (prothrombin time, thrombin generation, platelet aggregation, coagulation factors), endothelial damage & dysfunction (glycocalyx shedding, edema) and acute immune response
HU00012120090: Statement of Public PurposeMilitary Health System beneficiaries and military service members are at risk for Long Haul Covid (LHC). Importantly, this study will enroll non-MHS beneficiaries as well, extending the implications to the health of the general public. All individuals that suffer from Covid will benefit from research studies that expand the body of knowledge on reducing this negative post-viral impact
W81XWH-21-2-0053 We are seeking to address the following scientific questions, (1) Is hypocalcemia presentfollowing traumatic injury prior to transfusion during resuscitation? (2) Does hypocalcemia influence the amount of blood products transfused? (3) To what extent is hypocalcemia further exacerbated by transfusion? (4) What is the relationship of hypocalcemia following traumatic injury to mortality?
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| CHAIR, BOARD MEMBER Director/trustee, officer, highest compensated employee, 40.00 hrs/week | $0 | $0 | $430,686 | $430,686 |
| BOARD MEMBER Director/trustee, officer, highest compensated employee, 40.00 hrs/week | $89,480 | $0 | $93,132 | $182,612 |
| BOARD MEMBER Director/trustee, officer, highest compensated employee, 1.00 hrs/week | $94,800 | $0 | $79,000 | $173,800 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $149,651 | $0 | $0 | $149,651 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $145,601 | $0 | $0 | $145,601 |
| BOARD MEMBER Director/trustee, officer, 1.00 hrs/week | $66,560 | $0 | $0 | $66,560 |
9 people received more than $100,000 in reportable compensation from Metis Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.8M (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
2024 · 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–1b5 · 5 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 2No
- 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 14bNo
- Employees Part I, line 592
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Metis 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 Metis Foundation, you can publish a response that is linked from this page.
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Of every $100 Metis Foundation spent in 2024, $83.89 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Metis Foundation's spending goes to programs?
In calendar year 2024, Metis Foundation reported that 83.9% of its $14.3 million in expenses went to program services, 16.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Metis Foundation pay its top executive?
The largest total compensation Metis Foundation reported for one person in calendar year 2024 was $430,686, for the role of CHAIR, BOARD MEMBER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Metis Foundation get its money?
Of $14.4 million in revenue in calendar year 2024, 99.8% came from contributions and grants (including 99.8% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Metis Foundation a registered charity?
The IRS lists EIN 47-2219464 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
- 2024: Form 990 for calendar year 2024, object 202503179349304235 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202432689349301703 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349316636 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223189349314687 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132379349300728 · read the filing
- 2019: Form 990 for calendar year 2019, object 202012639349300201 · read the filing
All filings for EIN 47-2219464: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.