Advanced Robotics For Manufacturing Institute
- Assets
- $6.0m
- Revenue
- $23.4m
- Investments
- $0.0
- Employees
- 24
- Location
- Pittsburgh, PA
- Founding
- 11/2017
- Data as of
- 06/2022
- EIN
- 81-2812384
Organization Overview
Advanced Robotics For Manufacturing Institute is located in Pittsburgh, PA. The organization was established in 2017. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Advanced Robotics For Manufacturing Institute employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advanced Robotics For Manufacturing Institute 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 06/2022, Advanced Robotics For Manufacturing Institute generated $23.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $22.8m during the year ending 06/2022. While expenses have increased by 13.6% per year over the past 3 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 2021, Advanced Robotics For Manufacturing Institute has awarded 63 individual grants totaling $21,193,638. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS FORMED TO FOSTER COLLABORATION AMONG GOVERNMENT, INDUSTRY, AND ACADEMIA TO FURTHER THE GOAL OF ORGANIZING THE U.S. CAPABILITIES CONCERNING ROBOTS IN THE MANUFACTURING ENVIRONMENT INTO A COHERENT ECOSYSTEM THAT WILL BETTER POSITION THE U.S. RELATIVE TO GLOBAL COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH ACTIVITIES TO AID IN THE ADVANCEMENT OF TRANSFORMATIVE ROBOTIC TECHNOLOGIES AND EDUCATION TO INCREASE U.S. GLOBAL MANUFACTURING COMPETITIVENESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Fedder Director | Trustee | 3 | $0 |
Pat Antkowiak Director | Trustee | 1 | $0 |
Marcia Ballinger Director | Trustee | 0 | $0 |
Irene Barhyte Director | Trustee | 3 | $0 |
Eli Evankovich Director | Trustee | 2 | $0 |
Brett Lambert Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $853,204 |
| Fundraising events | $0 |
| Related organizations | $1,807,198 |
| Government grants | $16,140,228 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,564,339 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,364,969 |
| Total Program Service Revenue | $0 |
| Investment income | $872 |
| 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 | $23,365,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,601,750 |
| 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. | $1,354,155 |
| Compensation of current officers, directors, key employees. | $1,354,155 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,579,076 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $879,991 |
| Payroll taxes | $219,007 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,944 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $66,495 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $548,765 |
| Advertising and promotion | $309,373 |
| Office expenses | $214,724 |
| Information technology | $1,507,114 |
| Royalties | $0 |
| Occupancy | $1,046,846 |
| Travel | $125,938 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $847 |
| Insurance | $47,674 |
| All other expenses | $172,280 |
| Total functional expenses | $22,801,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,233 |
| Savings and temporary cash investments | $4,677,374 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $487,250 |
| 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 | $110,577 |
| Net Land, buildings, and equipment | $2,542 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,926 |
| Total assets | $6,044,902 |
| Accounts payable and accrued expenses | $1,806,127 |
| Grants payable | $0 |
| Deferred revenue | $77,236 |
| 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 | $306,627 |
| Total liabilities | $2,189,990 |
| Net assets without donor restrictions | $3,854,912 |
| Net assets with donor restrictions | $0 |
| 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 | $6,044,902 |
Grants Awarded
Over the last fiscal year, Advanced Robotics For Manufacturing Institute has awarded $8,635,039 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
5 STAR DEVELOPMENT INC PURPOSE: RESEARCH SUBAWARDS | $32,250 |
AMSKILLS APPRENTICESHIP FOUNDATION INC PURPOSE: RESEARCH SUBAWARDS | $332,500 |
APT MANUFACTURING SOLUTIONS PURPOSE: RESEARCH SUBAWARDS | $7,000 |
ARIS TECHNOLOGY LLC PURPOSE: RESEARCH SUBAWARDS | $66,629 |
BLUEWATER DEFENSE INC PURPOSE: RESEARCH SUBAWARDS | $10,000 |
CAPSEN ROBOTICS INC PURPOSE: RESEARCH SUBAWARDS | $72,400 |