Steadman Philippon Research Institute
Steadman Philippon Research Institute reported $14.2 million in revenue and $16.2 million in expenses for calendar year 2024. Of every $100 it spent, $72.54 went to program services, $17.21 to management and general costs and $10.25 to fundraising. Its largest source of revenue was contributions and grants: 96.3% of the total. Government grants made up 14.9%. The highest compensation it reported for one person was $661,826 (CHIEF SCIENTIFIC OFFICER). 19 people received more than $100,000 in reportable compensation. Revenue rose 18% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16MFor 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 $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 72.5% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.2% | 12.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 10.3% | 0.1% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.12 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.3% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 14.9% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.8% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $661,826 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.09% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 19 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 27 of 28 | 93.8% |
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 expenseCenter for regenerative and personalized medicine (crpm) - crpm is committed to conducting the highest impact team science, leveraging the expertise of the institute's other scientific departments. Crpm's key area of focus is to accelerate clinical translation and help scientific discoveries and proven treatments get to patients faster. Crpm's scientific programs investigate cellular science and regenerative medicine techniques and therapies. These programs are: fracture repair and regenerative therapeutics muscle repair and STEM cell biology bone and cartilage repair and STEM cell biology…
Biomedical engineering (bme) is a multidisciplinary laboratory which applies quantitative, analytical, and integrative methods to the field of orthopaedic medicine. The multitalented research staff integrates clinical care, research, and education with the resources of world-renowned medical doctors in order to improve the treatment of musculoskeletal diseases. This focused approach is designed to maintain and enhance athletic performance, health, and quality of life for the professional, semi-professional, collegiate, high school and the recreationally active individual through an emphasis…
The center for outcomes-based orthopaedic research (coor) pursues patient-centered outcomes research, which has been defined as the study of the end results of medical treatment, which is intended to provide scientific evidence to support patient and physician decisions regarding medical treatment. The institute's outcomes research is based on physician/patient assessment of improvement in function, quality of life and patient satisfaction. Outcomes research provides a tool to link the patient's perspective to the effectiveness of health treatment. This allows for increased participation by…
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 |
|---|---|---|---|---|
| CHIEF SCIENTIFIC OFFICER Highest compensated employee, 40.00 hrs/week | $646,016 | $0 | $15,810 | $661,826 |
| CEO/PRESIDENT Director/trustee, officer, 16.00 hrs/week | $513,750 | $0 | $689 | $514,439 |
| VP OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $343,296 | $0 | $12,499 | $355,795 |
| DEVELOPMENT DIRECTOR Highest compensated employee, 40.00 hrs/week | $291,489 | $0 | $20,839 | $312,328 |
| VICE PRESIDENT OF OPERATIONS Highest compensated employee, 40.00 hrs/week | $296,394 | $0 | $12,707 | $309,101 |
| DIRECTOR OF PHILANTHROPY Highest compensated employee, 40.00 hrs/week | $189,292 | $0 | $9,886 | $199,178 |
| CFO/TREASURER Officer, 16.00 hrs/week | $160,405 | $0 | $6,406 | $166,811 |
19 people received more than $100,000 in reportable compensation from Steadman Philippon Research Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $681K (Part IX, line 5).
6 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–1b28 · 27 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- 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 2Yes
- 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 579
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CASSIDY & ASSOCIATES Government relations | $180,000 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
20 private foundations reported grants to Steadman Philippon Research Institute totaling $532K 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 Steadman Philippon 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 Steadman Philippon Research Institute, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Steadman Philippon Research Institute spent in 2024, $72.54 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Biomed Valley CorporationKansas City, MO · revenue $14M · programs 80.2% · FY2025
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- New Jersey Health FoundationPrinceton, NJ · revenue $14M · programs 95.0% · FY2025
- Metis FoundationSan Antonio, TX · revenue $14M · programs 83.9% · 2024
- The Jacobs InstituteBuffalo, NY · revenue $14M · programs 78.0% · 2025
All medical research charities · Largest charities in Colorado
Questions people ask
How much of Steadman Philippon Research Institute's spending goes to programs?
In calendar year 2024, Steadman Philippon Research Institute reported that 72.5% of its $16.2 million in expenses went to program services, 17.2% to management and general and 10.3% to fundraising (Form 990, Part IX).
How much does Steadman Philippon Research Institute pay its top executive?
The largest total compensation Steadman Philippon Research Institute reported for one person in calendar year 2024 was $661,826, for the role of CHIEF SCIENTIFIC OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Steadman Philippon Research Institute get its money?
Of $14.2 million in revenue in calendar year 2024, 96.3% came from contributions and grants (including 14.9% from government grants) and 2.8% from program service revenue (Form 990, Part VIII).
Is Steadman Philippon Research Institute a registered charity?
The IRS lists EIN 88-0245022 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
- 2024: Form 990 for calendar year 2024, object 202532759349300643 · read the filing
- 2023: Form 990 for calendar year 2023, object 202442769349300524 · read the filing
- 2022: Form 990 for calendar year 2022, object 202342899349300849 · read the filing
- 2021: Form 990 for calendar year 2021, object 202242849349301029 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102649349301310 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033189349308568 · read the filing
All filings for EIN 88-0245022: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.