Commonwealth Scientific And Industrial Research Organization
- Assets
- $2.3b
- Revenue
- $1.1b
- Investments
- $133.9m
- Employees
- 5,672
- Location
- Founding
- 01/1992
- Data as of
- 06/2022
- EIN
- 98-0119947
Organization Overview
Commonwealth Scientific And Industrial Research Organization is located in null. The organization was established in 1992. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Commonwealth Scientific And Industrial Research Organization employed 5,672 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonwealth Scientific And Industrial Research Organization 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, Commonwealth Scientific And Industrial Research Organization generated $1.1b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.0b during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE DELIVER INNOVATIVE SOLUTIONS FOR INDUSTRY, SOCIETY AND THE ENVIRONMENT THROUGH GREAT SCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CSIRO ESSENTIALLY OPERATES ONE PROGRAM SERVICE, RESEARCH AND DEVELOPMENT SERVICES TO ACHIEVE ITS PRIMARY FUNCTIONS. SEE SCHEDULE O.CSIRO IS AN INDEPENDENT AUSTRALIAN GOVERNMENT RESEARCH AGENCY, CONSTITUTED AND OPERATING UNDER THE PROVISIONS OF THE SCIENCE AND INDUSTRY RESEARCH ACT (I.E. AN ACT OF THE AUSTRALIAN GOVERNMENT) AND THE FINANCIAL RULE MADE UNDER SECTION 41(2) AND 42(2) OF THE PUBLIC GOVERNANCE, PERFORMANCE AND ACCOUNTABILITY ACT 2013.CSIRO'S PRIMARY FUNCTIONS WHICH FORM THE BASIS OF EXEMPTION UNDER IRC SECTION 501(C)(3) ARE:1) TO CARRY OUT SCIENTIFIC RESEARCH FOR THE PURPOSE OF ASSISTING AUSTRALIAN INDUSTRIES, FURTHERING THE INTEREST OF THE AUSTRALIAN COMMUNITY, CONTRIBUTING TO THE ACHIEVEMENT OF AUSTRALIAN NATIONAL OBJECTIVES OR THE PERFORMANCE OF THE NATIONAL AND INTERNATIONAL RESPONSIBILITIES OF THE COMMONWEALTH AND FOR ANY PURPOSE DETERMINED BY THE MINISTER.2) TO ENCOURAGE OR FACILITATE THE APPLICATION OR UTILIZATION OF THE RESULTS OF SUCH RESEARCH.CSIRO'S SECONDARY FUNCTIONS INCLUDED THE INTERNATIONAL SCIENTIFIC LIAISON, TRAINING OF RESEARCH WORKERS, PUBLICATION OF RESEARCH RESULTS AND DISSEMINATION OF INFORMATION ABOUT SCIENCE AND TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Thodey Chairman Of The Board | Trustee | 7 | $119,069 |
Larry Marshall Chief Executive & Board Me | OfficerTrustee | 37 | $708,230 |
Edwina Cornish Board Member | Trustee | 7 | $64,297 |
Tanya Monro Board Member | Trustee | 4 | $0 |
Peter Riddles Board Member | Trustee | 6 | $74,117 |
Michele Allan Board Member | Trustee | 5 | $64,297 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $688,811,055 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,001,832 |
| Noncash contributions included in lines 1a–1f | $12,953,138 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $701,812,887 |
| Total Program Service Revenue | $310,386,874 |
| Investment income | $2,216,653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $36,054,278 |
| Net Rental Income | $4,971,525 |
| Net Gain/Loss on Asset Sales | $378,829 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,067,242,529 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $13,064,400 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $473,970,589 |
| Pension plan accruals and contributions | $71,109,495 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $942,191 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,261,746 |
| Office expenses | $2,498,238 |
| Information technology | $60,784,007 |
| Royalties | $0 |
| Occupancy | $17,268,177 |
| Travel | $5,809,744 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,931,934 |
| Interest | $1,044,214 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $125,872,552 |
| Insurance | $6,976,938 |
| All other expenses | $39,262,747 |
| Total functional expenses | $1,006,952,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,147,256 |
| Savings and temporary cash investments | $298,122,350 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,262,187 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $936,532 |
| Prepaid expenses and deferred charges | $8,485,801 |
| Net Land, buildings, and equipment | $1,593,498,772 |
| Investments—publicly traded securities | $60,589,962 |
| Investments—other securities | $133,920,854 |
| Investments—program-related | $0 |
| Intangible assets | $13,428,522 |
| Other assets | $7,275,641 |
| Total assets | $2,284,667,877 |
| Accounts payable and accrued expenses | $60,880,757 |
| Grants payable | $0 |
| Deferred revenue | $177,441,621 |
| 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 | $272,039,577 |
| Total liabilities | $510,361,955 |
| Net assets without donor restrictions | $0 |
| 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 | $1,398,313,216 |
| Retained earnings, endowment, accumulated income, or other funds | $375,992,706 |
| Total liabilities and net assets/fund balances | $2,284,667,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|