Southern Research Institute
Southern Research Institute reported $50.4 million in revenue and $49.8 million in expenses for calendar year 2024. Of every $100 it spent, $70.02 went to program services, $29.98 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: 60.1% of the total. Government grants made up 28.1%. The highest compensation it reported for one person was $900,706 (INTERIM DIRECTOR). 81 people received more than $100,000 in reportable compensation. Revenue fell 41% between 2021 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $50MFor 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 $50MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 70.0% | 83.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 30.0% | 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 | 28.4% | 51.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 28.1% | 3.2% |
| Program service revenue share Part VIII 2g ÷ 12 | 60.1% | 19.2% |
| Highest reported compensation Part VII-A, columns D–F | $900,706 | $513,729 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.81% | 1.72% |
| People paid over $100,000 Part VII, line 2 | 81 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 43.7 | 14.7 |
| Independent voting board members Part VI 1a–1b | 10 of 14 | 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
2024 · Form 990, Part III · the three largest programs by expenseScientific platforms has accomplished innovative research in the areas of cancer, infectious disease, and neuroscience. With a focus on the discovery of new, small-molecule therapeutics and the understanding of how these molecules work, drug discovery carries out translational science designed to invent small molecules and advance them from the design stage to the clinic. Government funding supports our efforts in pioneering new scientific areas of drug discovery. The scientific platforms' staff provides expertise in medicinal chemistry, molecular biology, biochemistry, and high-throughput…
Cro services provides drug discovery and pre-clinical drug development to pharmaceutical and biotechnology on an outsourced basis. Southern Research Institute has capabilities in all phases of the early-stage drug discovery and development process and provides clients with comprehensive services and support to assist them in streamlining their custom drug discovery and development programs. Some of Southern Research Institute's significant pre-clinical research accomplishments include: demonstrated the efficacy of combination chemotherapy in mice, leading the way for the development of…
Southern Research's STEM education outreach program is involved in a wide variety of programs that impact students and teachers in alabama. The mission of sr's STEM program is to enhance 6th through 12th grade STEM education by drawing upon the expertise and scholarly contributions of the Southern Research community. We aim to define and exemplify effective STEM education to maximize students' readiness to excel in a rapidly changing world. We are working to achieve our education mission by engaging students and teachers in STEM activities through summer learning programs, field trips…
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 |
|---|---|---|---|---|
| INTERIM DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $809,255 | $91,451 | $900,706 |
| CHAIRMAN Director/trustee, 1.00 hrs/week | $0 | $713,777 | $95,387 | $809,164 |
| DIRECTOR (THRU 4/24) Director/trustee, 1.00 hrs/week | $0 | $528,964 | $51,413 | $580,377 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $423,918 | $101,260 | $525,178 |
| PRESIDENT AND CEO (THRU 12/24) Officer, 40.00 hrs/week | $412,848 | $0 | $32,413 | $445,261 |
| CHIEF DATA OFFICER Highest compensated employee, 40.00 hrs/week | $383,042 | $0 | $33,700 | $416,742 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $247,001 | $61,356 | $308,357 |
| VP SCIENTIFIC PLATFORMS Officer, 40.00 hrs/week | $291,552 | $0 | $4,826 | $296,378 |
81 people received more than $100,000 in reportable compensation from Southern Research Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
4 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–1b14 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- 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 4Yes
- 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 5267
- Volunteers Part I, line 610
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| BRASFIELD & GORRIE LLC Construction and engineering | $40,108,837 |
| HM SOUTHEAST CONCRETE LLC Construction and engineering | $1,179,567 |
| LUCKIE AND COMPANY Advertising | $614,023 |
| ALLENTOWN LLC Manufacturing | $507,949 |
Individuals listed as contractors are left out. 20 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Southern Research Institute totaling $152K 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 Southern Research 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 Southern Research Institute, you can publish a response that is linked from this page.
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Of every $100 Southern Research Institute spent in 2024, $70.02 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Waterford InstituteTaylorsville, UT · revenue $48M · programs 88.0% · FY2025
- Universities Space Research AssociationWashington, DC · revenue $51M · programs 76.7% · FY2025
- Gmto CorporationPasadena, CA · revenue $47M · programs 78.0% · FY2025
- American Society for MicrobiologyWashington, DC · revenue $51M · programs 72.3% · 2024
- National Council of Examiners For Engineering and SurveyingGreenville, SC · revenue $46M · programs 76.7% · FY2025
All science & technology charities · Largest charities in Alabama
Questions people ask
How much of Southern Research Institute's spending goes to programs?
In calendar year 2024, Southern Research Institute reported that 70.0% of its $49.8 million in expenses went to program services, 30.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Southern Research Institute pay its top executive?
The largest total compensation Southern Research Institute reported for one person in calendar year 2024 was $900,706, for the role of INTERIM DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Southern Research Institute get its money?
Of $50.4 million in revenue in calendar year 2024, 28.4% came from contributions and grants (including 28.1% from government grants) and 60.1% from program service revenue (Form 990, Part VIII).
Is Southern Research Institute a registered charity?
The IRS lists EIN 63-0288868 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 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 202503169349306255 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349309088 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303139349303265 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349313649 · read the filing
All filings for EIN 63-0288868: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.