Allen Institute
- Assets
- $190.1m
- Revenue
- $188.4m
- Investments
- $0.0
- Employees
- 666
- Location
- Seattle, WA
- Founding
- 07/2004
- Data as of
- 12/2021
- EIN
- 91-2155317
Organization Overview
Allen Institute is located in Seattle, WA. The organization was established in 2004. According to its NTEE Classification (H96) the organization is classified as: Neurology & Neuroscience Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Allen Institute employed 666 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allen 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 12/2021, Allen Institute generated $188.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $153.3m during the year ending 12/2021. While expenses have increased by 12.5% 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 2018, Allen Institute has awarded 57 individual grants totaling $23,958,013. 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
THE MISSION OF THE ALLEN INSTITUTE IS TO UNLOCK THE COMPLEXITIES (SEE SCHEDULE O)OF BIOSCIENCE AND ADVANCE OUR KNOWLEDGE TO IMPROVE HUMAN HEALTH. USING AN OPEN SCIENCE, MULTI-SCALE, TEAM-ORIENTED APPROACH, THE ALLEN INSTITUTE FOCUSES ON ACCELERATING FOUNDATIONAL RESEARCH, DEVELOPING STANDARDS AND MODELS, AND CULTIVATING NEW IDEAS TO MAKE A BROAD, TRANSFORMATIONAL IMPACT ON SCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALLEN INSTITUTE IS DEDICATED TO ANSWERING SOME OF THE BIGGEST QUESTIONS IN BIOSCIENCE AND ACCELERATING RESEARCH WORLDWIDE. THE INSTITUTE IS A RECOGNIZED LEADER IN LARGE-SCALE RESEARCH WITH A COMMITMENT TO AN OPEN SCIENCE MODEL. THROUGH PUBLICLY AVAILABLE KNOWLEDGE, DATA, MODELS, TOOLS, AND REAGENTS, THE INSTITUTE CATALYZES SCIENTIFIC DISCOVERY AND NURTURES MEDICAL BREAKTHROUGHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jones Allan R President | Officer | 40 | $928,928 |
Zeng Hongkui Executive Director, Structured Science | 40 | $562,812 | |
Bumol Thomas Vice President | Officer | 40 | $521,620 |
Koch Christof Chief Scientist And President | 40 | $503,667 | |
Thomas Marjorie Vice President, Treasurer | Officer | 40 | $464,808 |
Reid Robert C Investigator, Sr. | 40 | $412,337 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zetta Ai Llc (Hyunjune D Seung) Labor And Cloud Computing Costs | 12/30/21 | $838,500 |
Seqmatic Llc Next Generation Sequencing Services | 12/30/21 | $1,444,254 |
Vaco Llc Staffing Tech/engineering Contractors | 12/30/21 | $337,950 |
Noble Recruiting Llc Recruiting And Consulting Services | 12/30/21 | $288,736 |
Arclight Consulting Llc Consulting Services For Oracle | 12/30/21 | $263,459 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,421,557 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,040,591 |
| Noncash contributions included in lines 1a–1f | $475,382 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,462,148 |
| Total Program Service Revenue | $499,270 |
| Investment income | $1,679,020 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,501,561 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $127,684 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $188,379,162 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,673,996 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,379,352 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,076,606 |
| Compensation of current officers, directors, key employees. | $3,076,606 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,162,048 |
| Pension plan accruals and contributions | $3,276,289 |
| Other employee benefits | $6,289,145 |
| Payroll taxes | $4,464,067 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $531,913 |
| Fees for services: Accounting | $150,697 |
| Fees for services: Lobbying | $180,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,791,362 |
| Advertising and promotion | $0 |
| Office expenses | $122,239 |
| Information technology | $5,605,989 |
| Royalties | $996,648 |
| Occupancy | $17,703,378 |
| Travel | $31,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $240,477 |
| Interest | $4,359 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,843,325 |
| Insurance | $0 |
| All other expenses | $609,677 |
| Total functional expenses | $153,300,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,226,896 |
| Savings and temporary cash investments | $59,881,984 |
| Pledges and grants receivable | $4,335,791 |
| Accounts receivable, net | $1,752,065 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $384,587 |
| Prepaid expenses and deferred charges | $3,991,143 |
| Net Land, buildings, and equipment | $64,421,929 |
| Investments—publicly traded securities | $51,075,071 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $190,069,466 |
| Accounts payable and accrued expenses | $15,637,248 |
| Grants payable | $0 |
| Deferred revenue | $271,142 |
| 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 | $57,995 |
| Total liabilities | $15,966,385 |
| Net assets without donor restrictions | $173,100,420 |
| Net assets with donor restrictions | $1,002,661 |
| 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 | $190,069,466 |
Grants Awarded
Over the last fiscal year, Allen Institute has awarded $6,663,906 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WASHINGTON PURPOSE: MEDICAL RESEARCH | $1,927,289 |
Pasadena, CA PURPOSE: MEDICAL RESEARCH | $1,122,271 |
Cambridge, MA PURPOSE: MEDICAL RESEARCH | $674,256 |
Cambridge, MA PURPOSE: MEDICAL RESEARCH | $627,415 |
Houston, TX PURPOSE: MEDICAL RESEARCH | $622,577 |
La Jolla, CA PURPOSE: MEDICAL RESEARCH | $550,483 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Allen Institute has recieved totaling $13,910,313.
| Awarding Organization | Amount |
|---|---|
Shanahan Family Charitablefoundation Pasadena, CA PURPOSE: GENERAL PURPOSE | $8,020,578 |
Howard Hughes Medical Institute Chevy Chase, MD PURPOSE: Medical Research | $2,900,000 |
Shanahan Family Charitablefoundation Pasadena, CA PURPOSE: GENERAL PURPOSE | $1,089,377 |
Tiny Blue Dot Inc Santa Monica, CA PURPOSE: RESEARCH | $997,188 |
Fred Hutchinson Cancer Research Center Seattle, WA PURPOSE: VACCINE AND INFECTIOUS DISEASE | $324,544 |
Cold Spring Harbor Laboratory Cold Spring Harbor, NY PURPOSE: RESEARCH | $274,313 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fred Hutchinson Cancer Research Center Seattle, WA | $1,740,460,544 | $943,352,737 |
Scripps Research Institute La Jolla, CA | $1,160,188,604 | $537,087,759 |
Beckman Research Institute Of The City Of Hope Duarte, CA | $1,995,828,082 | $339,177,936 |
Allen Institute Seattle, WA | $190,069,466 | $188,379,162 |
Sanford Burnham Prebys Medical Discovery Institute La Jolla, CA | $307,274,683 | $116,730,403 |
J David Gladstone Institutes San Francisco, CA | $318,407,379 | $84,274,665 |
Lundquist Institute For Biomedical Innovation At Harbor-Ucla Medical Torrance, CA | $198,389,340 | $88,849,610 |
Wellcome Leap Inc Culver City, CA | $553,318,259 | $346,259,833 |
La Jolla Institute For Immunology La Jolla, CA | $60,537,089 | $80,623,646 |
Chan Zuckerberg Biohub Inc San Francisco, CA | $338,316,919 | $10,314,755 |
Huntsman Cancer Foundation Salt Lake City, UT | $266,610,959 | $34,840,690 |
Northern California Institute For Research And Education Inc San Francisco, CA | $16,307,751 | $46,684,844 |