Ut-Battelle Development Corporation
Ut-Battelle Development Corporation reported $15.7 million in revenue and $11.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $98.18 went to program services, $1.82 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: 73.2% of the total. The highest compensation it reported for one person was $416,429 (VICE PRESIDENT). Revenue fell 67% 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 $11MFor 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
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.2% | 83.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.8% | 15.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 2.8% | 51.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.2% |
| Program service revenue share Part VIII 2g ÷ 12 | 73.2% | 19.2% |
| Highest reported compensation Part VII-A, columns D–F | $416,429 | $513,729 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.66% | 1.72% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 37.9 | 14.7 |
| Independent voting board members Part VI 1a–1b | 3 of 6 | 94.3% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseHighest 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 |
|---|---|---|---|---|
| VICE PRESIDENT Officer, 0.12 hrs/week | $0 | $388,753 | $27,676 | $416,429 |
| CHIEF FINANCIAL OFFICER Officer, 0.28 hrs/week | $0 | $238,554 | $24,589 | $263,143 |
| PRESIDENT Director/trustee, officer, 3.69 hrs/week | $0 | $209,210 | $0 | $209,210 |
| GENERAL COUNSEL AND SECRET Officer, 2.88 hrs/week | $52,000 | $0 | $0 | $52,000 |
0 people received more than $100,000 in reportable compensation from Ut-Battelle Development Corporation (Part VII, line 2).
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–1b6 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aNo
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- 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 50
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| OPTIMECH - DIVISION OF IVEY MECHANICAL Construction | $2,287,199 |
| WALKER ELECTRIC Construction | $1,165,529 |
| BLAINE CONSTRUCTION Construction | $204,190 |
| EMORY VALLEY CENTER Community services | $136,710 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Ut-Battelle Development Corporation totaling $2.7M 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 Ut-Battelle Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ut-Battelle Development Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Ut-Battelle Development Corporation spent in FY2025, $98.18 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Boyce Thompson Institute for Plant ResearchIthaca, NY · revenue $16M · programs 78.2% · 2024
- Technical Association of the Pulp & Paper IndustryPeachtree Corners, GA · revenue $16M · programs 67.7% · FY2025
- American Nuclear SocietyWestmont, IL · revenue $15M · programs 88.3% · 2025
- South Carolina Research AuthorityColumbia, SC · revenue $16M · programs 82.4% · FY2023
- Large Binocular Telescope CorporationTucson, AZ · revenue $15M · programs 89.8% · 2025
All science & technology charities · Largest charities in Tennessee
Questions people ask
How much of Ut-Battelle Development Corporation's spending goes to programs?
In the fiscal year ending September 30, 2025, Ut-Battelle Development Corporation reported that 98.2% of its $11.4 million in expenses went to program services, 1.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Ut-Battelle Development Corporation pay its top executive?
The largest total compensation Ut-Battelle Development Corporation reported for one person in the fiscal year ending September 30, 2025 was $416,429, for the role of VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Ut-Battelle Development Corporation get its money?
Of $15.7 million in revenue in the fiscal year ending September 30, 2025, 2.8% came from contributions and grants and 73.2% from program service revenue (Form 990, Part VIII).
Is Ut-Battelle Development Corporation a registered charity?
The IRS lists EIN 62-1867598 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 202612299349302071 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522279349301627 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422279349301807 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202301719349300145 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202200609349301400 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202111459349300006 · read the filing
All filings for EIN 62-1867598: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.