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Oklahoma Medical Research Foundation

Oklahoma City, OK · EIN 73-0580274 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Oklahoma Medical Research Foundation reported $136.8 million in revenue and $126.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.59 went to program services, $4.86 to management and general costs and $2.55 to fundraising. Its largest source of revenue was contributions and grants: 63.0% of the total. Government grants made up 38.8%. The highest compensation it reported for one person was $1,016,574 (EVP and Chief Medical Officer). 90 people received more than $100,000 in reportable compensation. Revenue rose 44% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $126M

For 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

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $137M

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

FY2025 filing. Median across 169 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.6%83.9%
Management & general
Part IX 25(C) ÷ 25(A)
4.9%12.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.6%0.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
63.0%72.7%
Government grants share of revenue
Part VIII 1e ÷ 12
38.8%0.0%
Program service revenue share
Part VIII 2g ÷ 12
24.0%5.8%
Highest reported compensation
Part VII-A, columns D–F
$1,016,574$628,890
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.80%1.94%
People paid over $100,000
Part VII, line 2
9018
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
49.913.3
Independent voting board members
Part VI 1a–1b
62 of 6293.8%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$47M expenses · 40.5% of program spending · revenue $24M

Arthritis and Clinical Immunology/Clinical Operations - OMRF continued to build on its national leadership in autoimmune disease research and care. In 2025, physicians in the foundation's clinics treated more than 3,000 patients living with conditions such as lupus, multiple sclerosis and rheumatoid arthritis. At the same time, OMRF expanded its portfolio of clinical trials, serving as a leading site for some of the first U.S. studies designed to prevent autoimmune diseases before symptoms appear. These trials focus on people at high risk of developing lupus or rheumatoid arthritis and aim to…

$11M expenses · 9.6% of program spending · revenue $13M

Aging and Metabolism Research Program - OMRF's Aging & Metabolism Research Program continued to advance research into how aging affects the body and how those changes might be slowed. The program welcomed a new investigator, Dr. David Hughes, whose work explores how cells recycle proteins to maintain healthy tissues. Program scientists also earned national recognition, with Dr. Sue Bodine named president-elect of the American Physiological Society and Dr. Benjamin Miller completing his term as president of the American Aging Association. Researchers secured new federal grants and training…

$9.7M expenses · 8.3% of program spending · revenue $11M

Cardiovascular Biology Research Program - Scientists in OMRF's Cardiovascular Biology Research Program made discoveries that could reshape understanding of diseases affecting blood vessels and circulation. Dr. Courtney Griffin revealed new ways blood vessels can be damaged during conditions such as Tylenol overdose and diabetes-related eye disease, and she identified a potential strategy to protect delicate eye capillaries and preserve vision in early stages of disease. Meanwhile, Dr. Sathish Srinivasan discovered that malfunction of the body's lymphatic vessels may contribute to Crohn's…

$49M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EVP and Chief Medical Officer
Officer, 50.0 hrs/week
$876,648$0$139,926$1,016,574
President and CEO
Officer, 50.0 hrs/week
$818,633$0$50,763$869,396
Professor Clinical Neurology, Arthritis and Clinical Immunology
Key employee, 50.0 hrs/week
$410,861$0$53,100$463,961
SVP and General Counsel
Officer, 50.0 hrs/week
$326,153$0$68,468$394,621
Professor, Cardiovascular Biology
Highest compensated employee, 50.0 hrs/week
$342,973$0$40,999$383,972
VP of Research
Officer, 50.0 hrs/week
$307,420$0$63,830$371,250
Program Chair, Cardiovascular Biology
Key employee, 50.0 hrs/week
$304,307$0$64,952$369,259
VP and Chief Financial Officer
Officer, 50.0 hrs/week
$291,289$0$74,490$365,779

90 people received more than $100,000 in reportable compensation from Oklahoma Medical Research Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.5M (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$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$137M$126M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$137M$126M92.6%$526M$1,016,574
FY2024 ⓘ$132M$120M92.6%$489M$838,817
FY2023 ⓘ$114M$108M93.2%$451M$758,008
FY2022 ⓘ$108M$97M93.7%$430M$564,214
FY2021 ⓘ$126M$92M93.4%$462M$1,042,165
FY2020 ⓘ$95M$89M92.7%$364M$1,040,645

Governance 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–1b62 · 62 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 4Yes
  • 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 5659
  • Volunteers Part I, line 662

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Infusion Management LLC
Infusion Management Services
$24,643,904
Aramark
HouseKeeping Services
$682,547
Miles Architecture LLC
Architectural services
$502,682
Beck Associates Architects PLLC
Architectural Services
$233,590
CapTrust Partners LLC
Investment Management Services
$150,961

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

36 private foundations reported grants to Oklahoma Medical Research Foundation totaling $5.6M 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 Oklahoma Medical Research 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 Oklahoma Medical Research Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All medical research charities · Largest charities in Oklahoma

Questions people ask

How much of Oklahoma Medical Research Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Oklahoma Medical Research Foundation reported that 92.6% of its $126.5 million in expenses went to program services, 4.9% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does Oklahoma Medical Research Foundation pay its top executive?

The largest total compensation Oklahoma Medical Research Foundation reported for one person in the fiscal year ending June 30, 2025 was $1,016,574, for the role of EVP and Chief Medical Officer (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Oklahoma Medical Research Foundation get its money?

Of $136.8 million in revenue in the fiscal year ending June 30, 2025, 63.0% came from contributions and grants (including 38.8% from government grants) and 24.0% from program service revenue (Form 990, Part VIII).

Is Oklahoma Medical Research Foundation a registered charity?

The IRS lists EIN 73-0580274 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641359349313249 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349316128 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349318538 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311329349309581 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241269349301919 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349304450 · read the filing

All filings for EIN 73-0580274: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.