Addgene Inc

Organization Overview

Addgene Inc is located in Watertown, MA. The organization was established in 2005. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 12/2023, Addgene Inc employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Addgene 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 12/2023, Addgene Inc generated $26.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $26.5m during the year ending 12/2023. While expenses have increased by 13.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ADDGENE, INC. PROVIDES RESEARCH SUPPORT SERVICE DEDICATED TO ARCHIVING AND DISTRIBUTING PLASMIDS THAT APPEAR IN PUBLISHED ARTICLES. BY LINKING PLASMIDS WITH PUBLICATIONS, SCIENTISTS ARE ALWAYS CONNECTED TO DATA GENERATED FROM THE MATERIALS THAT THEY ARE REQUESTING. THE COMPANY'S GOAL IS TO COMPILE A COMPREHENSIVE LIBRARY OF PLASMIDS TO FACILITATE RESEARCH AND DISCOVERY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE STORAGE AND DISTRIBUTION OF DNA-BASED REAGENTS IN SUPPORT OF SCIENTIFIC RESEARCH.


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Board, Officers & Key Employees

Name (title)Compensation
David Root
Director
$0
Kenneth Fan
Director
$0
Khandan Baradaran
Director
$0
Joanna Brownstein
Director
$0
Michael Koeris
Director
$0
Frank Stegmeier
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ups
Shipping
$947,249
Lgc Limited
Consulting Services
$315,057
Fedex
Shipping
$1,553,546
Vwr International Llc
Lab Services
$493,086
Newtek Merchant Solutions
Technology
$287,038
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,425,499
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$1,425,499
Total Program Service Revenue$24,570,256
Investment income $307,861
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 $26,303,616

Peer Organizations

Organization NameAssets
Ludwig Institute For Cancer Research
New York, NY
$102,443,688
Dana Farber Mass General Brigham Cancer Care Inc
Boston, MA
$106,487,389
Cancer Research Institute Inc
New York, NY
$32,295,259
Addgene Inc
Watertown, MA
$26,303,616
Lake Champlain Cancer Research Org Inc
Essex Jct, VT
$292,033
Lung Cancer Research Foundation
New York, NY
$6,603,556
Count Me In Inc
Cambridge, MA
$12,700,783
Advanced Medical Research Foundation Inc
Brookline, MA
$3,999,706
Samuel Waxman Cancer Research Foundation
New York, NY
$4,706,095
International Myeloma Society
Boston, MA
$3,584,528
The Ricbac Foundation
Newtonville, MA
$2,557,297
Laniado Development Fund Inc
Monsey, NY
$1,624,823
American-Italian Cancer Foundation
New York, NY
$2,291,176
Find The Cause Inc
Framingham, MA
$918,622
Cancer Research & Treatment Fund Inc
New York, NY
$1,026,414
Quality Of Life In Memory Of Shilom Neuman Inc
Brooklyn, NY
$975,947
Targetcancer Foundation Inc
Cambridge, MA
$676,451
Stachestrong Inc
Vestal, NY
$1,014,435
James P Wilmot Foundation Inc
Rochester, NY
$305,610
Reboot Rx Inc
Winchester, MA
$520,612
Childrens Leukemia Research Association Inc
Garden City, NY
$238,347
Animal Cancer Foundation
Port Washington, NY
$519,863
The Hpv And Anal Cancer Foundation
New York, NY
$263,974
Cure Childhood Cancer Association
Rochester, NY
$673,416
Carcinoid Cancer Foundation Inc
Mount Kisco, NY
$197,343

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