Wright Brothers Institute Inc

Organization Overview

Wright Brothers Institute Inc is located in Dayton, OH. The organization was established in 2003. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Wright Brothers Institute Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wright Brothers 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 09/2023, Wright Brothers Institute Inc generated $17.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $17.8m during the year ending 09/2023. While expenses have increased by 15.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

WRIGHT BROTHER'S INSTITUTE ACCELERATES COLLABORATIVE INNOVATION SOLUTIONS FOR AIR AND SPACE FORCES AND OTHER STAKEHOLDERS BY LEVERAGING SUBJECT MATTER EXPERTS, COLLABORATIVE ENVIRONMENTS, DISRUPTIVE INNOVATION PROCESSES, AND PARTNER NETWORKS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOP AN ORGANIZATION FOR WORLD CLASS RESEARCH AND DEVELOPMENT AMONG ACADEMIA, INDUSTRY, AND GOVERNMENT.DRIVE INNOVATIVE APPROACHES TO ADDRESS EMERGING NEEDS AND OPPORTUNITIES AND TO SUPPORT REGIONAL ECONOMIC DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Shaun Smith
Treausurer
$0
Melchor Antunano
Trustee
$0
John Leland
Chairman
$0
Nina Joshi
Trustee
$0
Jeff Hoagland
Trustee
$0
Madhavi Kadakia
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Stephanie F Hughes
Senior Technical Consulant
$1,298,818
Steven J Mozes
Strategic Planning Consultant
$354,160
Technology Holding Llc
Biotechnology Expert
$250,000
Doab Solutions
Project Management Solutions And Digital
$295,828
Dynamic Performance Llc
Agile Processes And Principles Consultan
$200,913
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $138,464
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$138,464
Total Program Service Revenue$17,664,904
Investment income $54,036
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 $17,901,001

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