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J Craig Venter Institute

LA Jolla, CA · EIN 52-1842938 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

J Craig Venter Institute reported $14.4 million in revenue and $19.6 million in expenses for calendar year 2024. Of every $100 it spent, $45.49 went to program services, $52.29 to management and general costs and $2.22 to fundraising. Its largest source of revenue was contributions and grants: 89.4% of the total. Government grants made up 71.1%. The highest compensation it reported for one person was $1,213,531 (CHAIRMAN & CHIEF EXECUTIVE OFFICER). 30 people received more than $100,000 in reportable compensation. Revenue fell 39% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 192 covered science & technology charities: $84.33 programs, $15.67 management, $0.00 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 $14M

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

2024 filing. Median across 192 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
45.5%83.2%
Management & general
Part IX 25(C) ÷ 25(A)
52.3%15.5%
Fundraising
Part IX 25(D) ÷ 25(A)
2.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
89.4%51.6%
Government grants share of revenue
Part VIII 1e ÷ 12
71.1%3.2%
Program service revenue share
Part VIII 2g ÷ 12
0.0%19.2%
Highest reported compensation
Part VII-A, columns D–F
$1,213,531$513,729
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
6.19%1.72%
People paid over $100,000
Part VII, line 2
3027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
19.114.7
Independent voting board members
Part VI 1a–1b
5 of 794.3%

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 expense
$5.3M expenses · 59.1% of program spending · grants $771K

Department of health and human services: two million people in the U.S. Are diagnosed annually with life-threatening infections caused by antibiotic resistant bacteria that are responsible for 35,000 deaths each year with an economic impact estimated to be as much as $20 billion a year in direct healthcare costs. Due to the spread of antibiotic resistance, very few drugs remain that can treat these infections. Led by derrick fouts, phd, (jcvi) and funded by the centers for disease control and prevention (cdc), the j. Craig Venter Institute and cleveland va prevention and intervention…

$1.1M expenses · 12.6% of program spending · grants $201K

National science foundation continues to fund the j. Craig Venter Institute (jcvi) in the areas of synthetic biology, integrative organismal systems core programs. Funded by the office of international science and engineering, dr. Tae seok moon, jcvi professor leads an international consortium through a global center to address the challenges of recalcitrant waste streams by developing integrated, novel, and scalable processes for their valorization, integrating researchers all over the world and from academia and industry, and providing global education, outreach activities, and workforce.…

$2.1M expenses · 23.2% of program spending · grants $565K

Jcvi scientists have partnered with other scientists from leading academic centers to come together to answer key questions about the root cause of long COVID whether fragments of the coronavirus persist in the tissues of patients. The long COVID research inititative bands together scientsits from harvard unibversity, stanford university, the university of california, san francisco, yale university and the j. Craig Venter Institute. The inititative is backed by an inititial investment from the balvi, a scientifc investment fund. Jcvi funding is awarded through the polybio research foundation.…

$452K all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHAIRMAN & CHIEF EXECUTIVE OFFICER
Director/trustee, officer, 40.00 hrs/week
$1,190,475$0$23,056$1,213,531
CHIEF OPERATING OFFICER
Director/trustee, officer, 40.00 hrs/week
$359,212$0$23,056$382,268
SR. VP OF PHILANTHROPY
Highest compensated employee, 32.00 hrs/week
$281,793$0$36,768$318,561
VP RESEARCH ADMINISTRATION
Key employee, 40.00 hrs/week
$302,196$0$13,693$315,889
TREASURER,VP OF FINANCE
Officer, 40.00 hrs/week
$260,155$0$46,857$307,012
VP OF HUMAN RESOURCES
Highest compensated employee, 40.00 hrs/week
$252,063$0$42,075$294,138
NETWORK TEAM LEAD
Highest compensated employee, 40.00 hrs/week
$212,799$0$37,870$250,669
DIRECTOR, INFORMATICS
Highest compensated employee, 40.00 hrs/week
$206,595$0$37,301$243,896

30 people received more than $100,000 in reportable compensation from J Craig Venter Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$14M$20M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$14M$20M45.5%$31M$1,213,531
2023 ⓘ$15M$22M51.6%$39M$1,209,106
2022 ⓘ$1.1M$23M56.0%$47M$1,208,785
2021 ⓘ$25M$29M57.3%$61M$1,208,118
2020 ⓘ$18M$30M56.1%$63M$1,239,635
2019 ⓘ$24M$37M57.4%$74M$1,232,128

Governance 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–1b7 · 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 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 5145
  • Volunteers Part I, line 67

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
MOSS ADAMS LLP
Accounting and audit services
$154,010

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to J Craig Venter Institute totaling $750K 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 J Craig Venter Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for J Craig Venter Institute, you can publish a response that is linked from this page.

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Questions people ask

How much of J Craig Venter Institute's spending goes to programs?

In calendar year 2024, J Craig Venter Institute reported that 45.5% of its $19.6 million in expenses went to program services, 52.3% to management and general and 2.2% to fundraising (Form 990, Part IX).

How much does J Craig Venter Institute pay its top executive?

The largest total compensation J Craig Venter Institute reported for one person in calendar year 2024 was $1,213,531, for the role of CHAIRMAN & CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does J Craig Venter Institute get its money?

Of $14.4 million in revenue in calendar year 2024, 89.4% came from contributions and grants (including 71.1% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is J Craig Venter Institute a registered charity?

The IRS lists EIN 52-1842938 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 202503099349303335 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443109349303919 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303039349301600 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233089349302368 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143169349306499 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023219349314542 · read the filing

All filings for EIN 52-1842938: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.