Krell Institute Inc is located in Ames, IA. The organization was established in 1997. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 09/2024, Krell Institute Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krell 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 09/2024, Krell Institute Inc generated $18.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $18.9m during the year ending 09/2024. While expenses have increased by 8.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Krell Institute Inc has awarded 17 individual grants totaling $364,623. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE ADVANCEMENT OF THE DISCIPLINE OF COMPUTATIONAL SCIENCE BY ADMINISTERING THE COMPUTATIONAL SCIENCE GRADUATE FELLOWSHIP AND THE STEWARDSHIP SCIENCE GRADUATE FELLOWSHIP FOR THE U.S. DEPARTMENT OF ENERGY; TO PROVIDE COMMUNICATION SUPPORT TO THE DEPARTMENT OF ENERGY; AND TO MANAGE SMALLER PROJECTS RELATED TO COMPUTATIONAL SCIENCE AS NEEDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DEPARTMENT OF ENERGY COMPUTATIONAL SCIENCE GRADUATE FELLOWSHIP PROGRAM SELECTS HIGHLY QUALIFIED STUDENTS AND SUPPORTS THEIR RESEARCH AND ACADEMIC STUDY FOR UP TO FOUR YEARS OF THEIR PHD GRADUATE WORK IN A COMPUTATIONAL SCIENCE AND ENGINEERING DISCIPLINE AREA THAT IS IMPORTANT TO THE UNITED STATES DEPARTMENT OF ENERGY'S OFFICE OF SCIENCE AND NATIONAL NUCLEAR SECURITY ADMINISTRATION. THE DOE CSGF FELLOWS MUST COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWELVE CONSECUTIVE WEEKS AT A DEPARTMENT OF ENERGY LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL PROGRAM REVIEW TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE DOE COMPUTATIONAL SCIENCE GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF. DURING FY2024, 53 FELLOWS COMPLETED A RESEARCH PRACTICUM, AND 40 STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE CURRENT NUMBER OF FELLOWS IN THE PROGRAM TO 139. FELLOWS ARE ENROLLED AT 44 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES. OF THE 28 FELLOWS WHO COMPLETED THEIR FELLOWSHIP DURING THE FISCAL YEAR, ALL HAVE SELF-REPORTED THAT THEY ARE CONTINUING WORK ON THEIR PHD, ARE POST-DOCTORAL STUDENTS OR HAVE GRADUATED AND ARE WORKING. SELF-REPORTED EMPLOYMENT SHOWED THAT 14% OF DOE CSGF ALUMNI ARE CURRENTLY EMPLOYED AT DOE LABORATORIES.
BETTER SCIENTIFIC SOFTWARE
THE STEWARDSHIP SCIENCE GRADUATE FELLOWSHIP (SSGF) PROGRAM SELECTS HIGHLY QUALIFIED STUDENTS IN STEWARDSHIP SCIENCE DISCIPLINES THAT ARE IMPORTANT TO THE UNITED STATES DEPARTMENT OF ENERGY'S NATIONAL NUCLEAR SECURITY ADMINISTRATION. STEWARDSHIP SCIENCE INCLUDES AREAS OF STUDY RELATIVE TO HIGH ENERGY DENSITY PHYSICS, NUCLEAR SCIENCE, MATERIALS UNDER EXTREME CONDITIONS, AND HYDRODYNAMICS. THE FELLOWS COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWELVE CONSECUTIVE WEEKS AT A DEPARTMENT OF ENERGY NATIONAL DEFENSE LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL SYMPOSIUM TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE STEWARDSHIP SCIENCE GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF. DURING FY2024, SIX FELLOWS COMPLETED THE PHD FELLOWSHIP PROGRAM AND ARE NOW EMPLOYED IN EITHER POSTDOCTORAL PROGRAMS, IN AN EDUCATIONAL FIELD, OR AT DEPARTMENT OF ENERGY LABORATORIES. EIGHT NEW STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE TOTAL NUMBER OF FELLOWS IN THE PROGRAM TO 20. SSGF FELLOWS WERE ENROLLED AT 14 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES. THE DEPARTMENT OF ENERGY NATIONAL NUCLEAR SECURITY ADMINISTRATION LABORATORY RESIDENCY GRADUATE FELLOWSHIP (DOE NNSA LRGF) SELECTS AND SUPPORTS STUDENTS PURSUING A PH.D. IN AREAS OF ENGINEERING AND APPLIED SCIENCES, PHYSICS, MATERIALS AND MATHEMATICS AND COMPUTATIONAL SCIENCE THAT ADDRESS COMPLEX SCIENCE AND ENGINEERING PROBLEMS CRITICAL TO STEWARDSHIP SCIENCE. THE FELLOWS COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWO TWELVE-WEEK RESIDENCIES AT A DEPARTMENT OF ENERGY NATIONAL DEFENSE LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL SYMPOSIUM TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE LABORATORY RESIDENCY GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF.DURING FY2024, SIX NEW STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE TOTAL NUMBER OF FELLOWS IN THE PROGRAM TO 16. FIVE FELLOWS COMPLETED THE PHD FELLOWSHIP PROGRAM AND ARE NOW EMPLOYED AT DEPARTMENT OF ENERGY LABORATORIES, IN ACADEMIA, WITHIN NNSA, OR IN INDUSTRY. DURING THIS TIME, LRGF FELLOWS WERE ENROLLED AT 14 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES.
THE COMMUNICATION PROJECT DEVELOPS AND PROVIDES ACCESSIBLE, CONCISE, AND SCIENTIFICALLY ACCURATE PRESENTATIONS OF THE RESEARCH SUPPORTED BY THE DEPARTMENT OF ENERGY (DOE) AT DOE LABORATORIES, AT UNIVERSITIES, AND IN INDUSTRY. IT ALSO STUDIES HOW THE COMMUNICATION OF COMPUTATIONAL SCIENCE AND ENGINEERING RESEARCH IS BEST FRAMED AND DISSEMINATED TO THE PUBLIC SECTOR AND TO EDUCATIONAL INSTITUTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Buddy Beck Board Chairman | Trustee | 1 | $0 |
Allan Burman Director | Trustee | 0.5 | $0 |
Dona Crawford Director | Trustee | 0.5 | $0 |
Shelly Olsan President | Officer | 40 | $292,709 |
Beth Brosnahan Director Of Finance & Admi | Officer | 40 | $195,747 |
Nazanin Imani Director Of Technology | Officer | 40 | $189,097 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $18,771,915 |
All other contributions, gifts, grants, and similar amounts not included above | $2,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $18,774,415 |
Total Program Service Revenue | $138,905 |
Investment income | $27,724 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $18,941,044 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $82,494 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $872,292 |
Compensation of current officers, directors, key employees. | $616,535 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,200,328 |
Pension plan accruals and contributions | $124,986 |
Other employee benefits | $185,306 |
Payroll taxes | $133,409 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $39,554 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $71,563 |
Advertising and promotion | $0 |
Office expenses | $188,844 |
Information technology | $117,015 |
Royalties | $0 |
Occupancy | $228,248 |
Travel | $788,254 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $371,413 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,695 |
All other expenses | $37,552 |
Total functional expenses | $18,912,741 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $75,850 |
Savings and temporary cash investments | $686,372 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,801,755 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $37,308 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $227,500 |
Total assets | $2,828,785 |
Accounts payable and accrued expenses | $1,767,856 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $219,471 |
Total liabilities | $1,987,327 |
Net assets without donor restrictions | $756,372 |
Net assets with donor restrictions | $85,086 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,828,785 |
Over the last fiscal year, Krell Institute Inc has awarded $82,494 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
ARIZONA STATE UNIVERSITY PURPOSE: BSSW PROGRAM | $25,815 |
UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH PURPOSE: BSSW PROGRAM | $29,419 |
IOWA STATE UNIVERSITY PURPOSE: BSSW RPOGRAM | $27,260 |