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Arc Research Institute

Palo Alto, CA · EIN 87-1920284 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Arc Research Institute reported $122.3 million in revenue and $82.8 million in expenses for calendar year 2024. Of every $100 it spent, $77.41 went to program services, $22.59 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.5% of the total. The highest compensation it reported for one person was $1,216,916 (CHIEF OPERATING OFFICER). 77 people received more than $100,000 in reportable compensation. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $83M

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

Calendar year 2024 · Form 990, Part VIII · total revenue $122M

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

2024 filing. Median across 169 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
77.4%83.9%
Management & general
Part IX 25(C) ÷ 25(A)
22.6%12.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.5%72.7%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.1%5.8%
Highest reported compensation
Part VII-A, columns D–F
$1,216,916$628,890
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.47%1.94%
People paid over $100,000
Part VII, line 2
7718
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.613.3
Independent voting board members
Part VI 1a–1b
3 of 393.8%

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

2024 · Form 990, Part III · the three largest programs by expense
$64M expenses · 100.0% of program spending · grants $11M · revenue $167K

Core Investigators (which include the following labs) are provided with no-strings-attached, multi-year funding as well as cutting-edge scientific and infrastructure support to enable high-risk, high-reward science. They are innovative pioneers enabled to pursue their very best ideas. The Gilbert lab has an expertise in synthetic biology, functional genomics and cancer biology. We build CRISPR epigenetic editing tools to turn genes on and off and to perturb gene regulatory elements. We are developing CRISPR functional genomics approaches to map individual genes or sets of genes that regulate…

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
CHIEF OPERATING OFFICER
Officer, 40.0 hrs/week
$1,141,800$0$75,116$1,216,916
GENERAL COUNSEL/ SECRETARY
Officer, 40.0 hrs/week
$478,739$0$71,128$549,867
Core Investigator/ Co-Founder
Officer, 40.0 hrs/week
$489,195$0$39,441$528,636
Group lead, machine learning
Highest compensated employee, 40.0 hrs/week
$407,429$0$37,342$444,771
UNIVERSITY RELATIONS & ACADEMIC AFFAIRS/ COMPLIANCE OFFICER
Officer, 40.0 hrs/week
$344,044$0$74,771$418,815
Senior Director, Multi-omics technology development
Highest compensated employee, 40.0 hrs/week
$391,440$0$8,602$400,042
Head of People
Officer, 40.0 hrs/week
$352,151$0$7,913$360,064
Core Investigator
Highest compensated employee, 40.0 hrs/week
$333,725$0$24,081$357,806

77 people received more than $100,000 in reportable compensation from Arc Research Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.4M (Part IX, line 5).

4 filings since FY2021 (7 mo.)

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$50M$100M$150M$200M202220232024$122M$83M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$122M$83M77.4%$101M$1,216,916
2023 ⓘ$54M$64M76.4%$62M$777,341
2022 ⓘ$97M$33M68.2%$72M$284,523
FY2021 (7 mo.) ⓘ$15M$6.5M64.1%$8.7M—

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–1b3 · 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 15aNo
  • 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 14bYes
  • Employees Part I, line 5155
  • Volunteers Part I, line 612

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Pulse One
Consulting
$1,314,517
WilmerHale
Legal Services
$371,768
Milltown Partners LP
Marketing
$329,890
Arnold & Porter Kaye Scholer LLP
Legal Services
$267,843
INNOVIVE LLC
Consulting
$218,577

Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Arc Research Institute totaling $3.9M 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 Arc 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 Arc Research Institute, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All medical research charities · Largest charities in California

Questions people ask

How much of Arc Research Institute's spending goes to programs?

In calendar year 2024, Arc Research Institute reported that 77.4% of its $82.8 million in expenses went to program services, 22.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Arc Research Institute pay its top executive?

The largest total compensation Arc Research Institute reported for one person in calendar year 2024 was $1,216,916, for the role of CHIEF OPERATING OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Arc Research Institute get its money?

Of $122.3 million in revenue in calendar year 2024, 98.5% came from contributions and grants and 0.1% from program service revenue (Form 990, Part VIII).

Is Arc Research Institute a registered charity?

The IRS lists EIN 87-1920284 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 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 202513159349306771 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423189349308952 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313199349331911 · read the filing
  • FY2021 (7 mo.): Form 990 for the 7-month short period ending December 31, 2021, object 202212719349302101 · read the filing

All filings for EIN 87-1920284: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.