Institute for Medical Research
Institute for Medical Research reported $13.8 million in revenue and $16.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $88.26 went to program services, $11.74 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: 99.5% of the total. The highest compensation it reported for one person was $427,457 (SECRETARY/TR). 6 people received more than $100,000 in reportable compensation. Revenue rose 89% between FY2020 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 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 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 $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.3% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.7% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| 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% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.5% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $427,457 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.59% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 6 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.6 | 6.8 |
| Independent voting board members Part VI 1a–1b | 3 of 7 | 100.0% |
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 expenseSupported a medical training and education program to support the va pharmacogenomics action for cancer survivorship (phaser). Expanded access to pharmacogenomic (pgx) testing, including providing basic pgx education, to an additional 10,000 veterans seen across all but two va healthcare systems nationwide
Supported numerous projects to further aid with the diagnosis, risk stratification and lifestyle intervention for the benefit of urology and oncology patients
Accommodated continued growth of a prostate cancer program to add multiple projects, adding thousands of patients and new avenues of patient education and potential treatment
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 |
|---|---|---|---|---|
| SECRETARY/TR Director/trustee, officer, 2.00 hrs/week | $0 | $427,457 | $0 | $427,457 |
| VICE PRESIDE Director/trustee, officer, 2.00 hrs/week | $0 | $344,385 | $0 | $344,385 |
| PRESIDENT Director/trustee, officer, 5.00 hrs/week | $0 | $279,588 | $0 | $279,588 |
| DIRECTOR Director/trustee, 2.00 hrs/week | $0 | $228,705 | $0 | $228,705 |
| RESEARCH DIR Highest compensated employee, 40.00 hrs/week | $172,072 | $0 | $0 | $172,072 |
| EXEC DIR Officer, 40.00 hrs/week | $149,979 | $0 | $0 | $149,979 |
| TECH SOL MGR Highest compensated employee, 40.00 hrs/week | $146,188 | $0 | $0 | $146,188 |
| PHASER PM Highest compensated employee, 40.00 hrs/week | $142,018 | $0 | $0 | $142,018 |
6 people received more than $100,000 in reportable compensation from Institute for Medical Research (Part VII, line 2). Compensation of current officers, directors and key employees totaled $318K (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–1b7 · 3 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 5285
Private foundation grants it received
1 private foundation reported grants to Institute for Medical Research totaling $1.7M 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 Institute for Medical 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 Institute for Medical Research, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Institute for Medical Research spent in FY2025, $88.26 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Institute for Medical Research's spending goes to programs?
In the fiscal year ending September 30, 2025, Institute for Medical Research reported that 88.3% of its $16.5 million in expenses went to program services, 11.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Institute for Medical Research pay its top executive?
The largest total compensation Institute for Medical Research reported for one person in the fiscal year ending September 30, 2025 was $427,457, for the role of SECRETARY/TR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Institute for Medical Research get its money?
Of $13.8 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 99.5% from program service revenue (Form 990, Part VIII).
Is Institute for Medical Research a registered charity?
The IRS lists EIN 56-1655431 as a 501(c)(3) organization (hospital or medical research organization), 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 202601379349300005 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542269349300519 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202421529349300022 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312019349300346 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202201449349301310 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202101529349300985 · read the filing
All filings for EIN 56-1655431: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.