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Sanford Laboratories for Innovative Medicines
Sanford Laboratories for Innovative Medicines reported $13.0 million in revenue and $8.7 million in expenses for calendar year 2025. Of every $100 it spent, $79.30 went to program services, $20.70 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 92.5% of the total. The highest compensation it reported for one person was $359,507 (CFO). 19 people received more than $100,000 in reportable compensation. Revenue rose 549% between 2022 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $8.7MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.3% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.7% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 92.5% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $359,507 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.11% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 19 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 27.0 | 36.6 |
| Independent voting board members Part VI 1a–1b | 2 of 3 | 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
2025 · Form 990, Part III · the three largest programs by expenseSanford Laboratories for innovative medicines (sanford labs) is an independent, not-for-profit collaborative hub with a mission to accelerate the development of novel molecular medicines from scientific discovery to the clinic. Our current research is focused on rna therapeutics, a rapidly expanding class of drugs with the potential to progress quickly from concept to patient and change the standard of care for many life-threatening diseases. (continued on schedule o).our unique operating model fills a critical gap for translational research that does not fit traditional academic labs and yet…
Highest reported compensation
2025 · 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 |
|---|---|---|---|---|
| CFO Officer, 40.00 hrs/week | $337,115 | $0 | $22,392 | $359,507 |
| GROUP LEADER & STRATEGY ADVISOR Highest compensated employee, 40.00 hrs/week | $200,243 | $0 | $31,672 | $231,915 |
| DIRECTOR OF PEOPLE OPERATIONS Highest compensated employee, 40.00 hrs/week | $173,989 | $0 | $31,932 | $205,921 |
| MACHINE LEARNING & COMPUTATIONAL BIO Highest compensated employee, 40.00 hrs/week | $175,098 | $0 | $28,722 | $203,820 |
| GROUP LEADER Highest compensated employee, 40.00 hrs/week | $175,479 | $0 | $22,891 | $198,370 |
| GROUP LEADER Highest compensated employee, 40.00 hrs/week | $176,968 | $0 | $13,886 | $190,854 |
| PRESIDENT/BOARD MEMBER Director/trustee, officer, 6.00 hrs/week | $72,450 | $0 | $0 | $72,450 |
19 people received more than $100,000 in reportable compensation from Sanford Laboratories for Innovative Medicines (Part VII, line 2). Compensation of current officers, directors and key employees totaled $432K (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
2025 · 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 · 2 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 535
- Volunteers Part I, line 62
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| ENDSIGHT LLC It management services | $105,690 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Sanford Laboratories for Innovative Medicines's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sanford Laboratories for Innovative Medicines, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Sanford Laboratories for Innovative Medicines spent in 2025, $79.30 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Sanford Laboratories for Innovative Medicines's spending goes to programs?
In calendar year 2025, Sanford Laboratories for Innovative Medicines reported that 79.3% of its $8.7 million in expenses went to program services, 20.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Sanford Laboratories for Innovative Medicines pay its top executive?
The largest total compensation Sanford Laboratories for Innovative Medicines reported for one person in calendar year 2025 was $359,507, for the role of CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Sanford Laboratories for Innovative Medicines get its money?
Of $13.0 million in revenue in calendar year 2025, 92.5% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Sanford Laboratories for Innovative Medicines a registered charity?
The IRS lists EIN 87-3910792 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 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202621339349303192 · read the filing
- 2024: Form 990 for calendar year 2024, object 202511429349301026 · read the filing
- 2023: Form 990 for calendar year 2023, object 202411849349301651 · read the filing
- 2022: Form 990 for calendar year 2022, object 202332769349302003 · read the filing
All filings for EIN 87-3910792: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.