Research Triangle Institute
- Assets
- $863.7m
- Revenue
- $1.1b
- Investments
- $87.7m
- Employees
- 5,363
- Location
- Research Triangle Park, NC
- Founding
- 04/1960
- Data as of
- 09/2021
- EIN
- 56-0686338
Organization Overview
Research Triangle Institute, operating under the name RTI International, is located in Research Triangle Park, NC. The organization was established in 1960. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. As of 09/2023, RTI International employed 5,363 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. RTI International 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 09/2021, RTI International generated $1.1b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.1b during the year ending 09/2021. While expenses have increased by 3.0% per year over the past 7 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 2015, RTI International has awarded 150 individual grants totaling $7,057,077. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH TRIANGLE INSTITUTE IS ONE OF THE WORLD'S LEADING RESEARCH INSTITUTES, DEDICATED(SEE SCH O) TO IMPROVING THE HUMAN CONDITION BY TURNING KNOWLEDGE INTO PRACTICE. OUR STAFF OF MORE THAN 5,900 PROVIDES RESEARCH AND TECHNICAL EXPERTISE TO GOVERNMENTS AND BUSINESSES IN MORE THAN 100 COUNTRIES IN THE AREAS OF HEALTH AND PHARMACEUTICALS, EDUCATION AND TRAINING, SURVEYS AND STATISTICS, ADVANCED TECHNOLOGY, INTERNATIONAL DEVELOPMENT, ECONOMIC AND SOCIAL POLICY, ENERGY AND THE ENVIRONMENT AND LABORATORY AND CHEMISTRY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH: MULTIDISCIPLINARY RESEARCH & DEVELOPMENT AND THE APPLICATION OF SCIENCE & TECHNOLOGY IN THE AREAS OF HEALTH RESEARCH; DRUG DISCOVERY & DEVELOPMENT; EDUCATION & TRAINING RESEARCH; SURVEY RESEARCH SERVICES; STATISTICS RESEARCH; ECONOMIC & SOCIAL RESEARCH; ADVANCED TECHNOLOGY RESEARCH & DEVELOPMENT; ENERGY RESEARCH; ENVIRONMENTAL RESEARCH SERVICES; AND LABORATORY & CHEMISTRY SERVICES; SEE SCHEDULE O FOR EXPANDED DESCRIPTION OF THESE PROGRAM SERVICES.
INTERNATIONAL DEVELOPMENT: SEE SCHEDULE O FOR DESCRIPTION OF PROGRAM SERVICES, PART III LINE 4B.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
T Gabel President | OfficerTrustee | 40 | $1,238,271 |
M Kaelin Jr Vice President & CFO | Officer | 40 | $900,687 |
S Kornbluth Separated 11292022 Board Member | Trustee | 2 | $43,500 |
J Francis New 2023separated 63020 Board Member | Trustee | 2 | $0 |
A Mangel Separated 5222023 Vice President | Officer | 40 | $831,104 |
G Story Secretary | Officer | 40 | $805,918 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hr Directions Contract Labor | 9/29/23 | $24,625,841 |
Telligen Health Management | 9/29/23 | $14,677,099 |
Rsm Us Llp Consulting Services | 9/29/23 | $10,532,943 |
Npc Inc Contract Labor | 9/29/23 | $5,984,977 |
Impaq International Llc Health Management | 9/29/23 | $5,052,532 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $4,388,716 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$237,831 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,082,254,745 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $19,887 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $14,664,211 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $355,396,512 |
| Pension plan accruals and contributions | $25,869,416 |
| Other employee benefits | $108,815,273 |
| Payroll taxes | $25,542,725 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,930,428 |
| Fees for services: Accounting | $614,624 |
| Fees for services: Lobbying | $268,177 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $434,625,555 |
| Advertising and promotion | $101,740 |
| Office expenses | $14,317,632 |
| Information technology | $22,260,292 |
| Royalties | $628,033 |
| Occupancy | $17,328,945 |
| Travel | $5,958,200 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,397,706 |
| Interest | $2,596,794 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,153,955 |
| Insurance | $2,185,486 |
| All other expenses | $0 |
| Total functional expenses | $1,067,607,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,959,763 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $256,676,150 |
| 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 | $17,748,614 |
| Investments—publicly traded securities | $208,683,584 |
| Investments—other securities | $87,686,085 |
| Investments—program-related | $0 |
| Intangible assets | $26,251,349 |
| Other assets | $50,679,179 |
| Total assets | $863,720,584 |
| Accounts payable and accrued expenses | $215,689,848 |
| Grants payable | $0 |
| Deferred revenue | $57,337,639 |
| Tax-exempt bond liabilities | $50,111,461 |
| 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 | $42,660,120 |
| Total liabilities | $365,799,068 |
| Net assets without donor restrictions | $495,452,892 |
| Net assets with donor restrictions | $2,468,624 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $497,921,516 |
Grants Awarded
Over the last fiscal year, Research Triangle Institute has awarded $3,135,121 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
DURHAM JAZZ WORKSHOP INC PURPOSE: General Support | $10,000 |
PORCH INC PURPOSE: General Support | $5,250 |
UNITED WAY PURPOSE: General Support | $86,949 |
NC BIOTECHNOLOGY PURPOSE: General Support | $10,000 |
NCINNOVATION INC PURPOSE: General Support | $2,900,000 |
RISE AGAINST HUNGER INC PURPOSE: General Support | $14,250 |