Biopharmaceutical Technology Center Institute Inc
- Assets
- $681.7k
- Revenue
- $708.1k
- Investments
- $400.0k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 04/1998
- Data as of
- 08/2022
- EIN
- 39-1764134
Organization Overview
Biopharmaceutical Technology Center Institute Inc is located in Madison, WI. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biopharmaceutical Technology Center Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Biopharmaceutical Technology Center Institute Inc generated $708.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $734.1k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP AND IMPLEMENT CURRICULUM MATERIALS TO BE USED FOR EDUCATIONAL AND TRAINING EXPERIENCES FOR HIGH SCHOOL AND MIDDLE SCHOOL. TEACHERS AND THEIR STUDENTS SPECIALIZED INSTRUCTION IN BIOTECHNOLOGY IS ALSO PROVIDED SPECIFICALLY FOR HIGH SCHOOL JUNIORS AND SENIORS PARTICIPATING IN THE DANE COUNTY YOUTH APPRENTICESHIP PROGRAM IN BIOTECHNOLOGY.
ADVANCED LEVEL COURSES AND WORKSHOPS ARE PROVIDED TO FACULTY AND GRADUATE STUDENTS OF INSTITUTIONS OF HIGHER EDUCATION AND INDUSTRY EMPLOYEES. SCIENTIFIC SYMPOSIA OPEN TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Karin Borgh Executive Director | 40 | $152,088 | |
William Linton President | 2 | $0 | |
Dr Soyeon Shim Member | 2 | $0 | |
Craig Christianson Sectretary/treasurer | 2 | $0 | |
Dr Jack E Daniels III Vice President | 2 | $0 | |
Dr Jeanette C Roberts Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $443,782 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $259,272 |
| Total Revenue | $708,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $152,088 |
| Other employee salaries and wages | $225,097 |
| Pension plans, employee benefits | $59,643 |
| Interest | $0 |
| Taxes | $28,211 |
| Depreciation | $8,133 |
| Occupancy | $1,440 |
| Travel, conferences, and meetings | $3,163 |
| Printing and publications | $1,513 |
| Other expenses | $119,703 |
| Total operating and administrative expenses | $728,636 |
| Contributions, gifts, grants paid | $5,418 |
| Total expenses and disbursements | $734,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,212 |
| Savings and temporary cash investments | $3,812 |
| Net Accounts receivable | $2,339 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,757 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $24,577 |
| Other assets | $0 |
| Total assets | $681,697 |
| Accounts payable and accrued expenses | $26,044 |
| Grants payable | $0 |
| Deferred revenue | $40,695 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $66,739 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Biopharmaceutical Technology Center Institute Inc has recieved totaling $11,120.
| Awarding Organization | Amount |
|---|---|
Perkins Coie Foundation Seattle, WA PURPOSE: 2020 PLATINUM SPONSORSHIP | $11,120 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Richard U Light Foundation Kalamazoo, MI | $629,730 | $25,417,215 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Northstar Education Finance Inc Eagan, MN | $1,293,468,719 | $40,177,777 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Scholarship America Inc Minneapolis, MN | $219,130,905 | $29,933,482 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |