AI Summary
The New Orleans Bio Innovation Center Inc is a nonprofit organization dedicated to managing a biotechnology incubator facility aimed at fostering and supporting the life science industry in New Orleans. With an operating budget of $4.1 million and total revenue of $2.6 million for the 2024 filing year, the organization is supported by a diverse range of funders, none of whom provide more than 50% of its revenue.
Mission Statement
THE ORGANIZATION'S MISSION IS TO MANAGE A BIOTECHNOLOGY INCUBATOR FACILITY TO DEVELOP AND SUPPORT A LIFE SCIENCE INDUSTRY IN NEW ORLEANS.
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is NEW ORLEANS BIO INNOVATION CENTER INC’s budget?
In 2024, NEW ORLEANS BIO INNOVATION CENTER INC reported an annual operating budget of around $4.1 million. More detailed financial information is available to registered users.
What causes does NEW ORLEANS BIO INNOVATION CENTER INC support?
NEW ORLEANS BIO INNOVATION CENTER INC supports work in Economic development.
Where does NEW ORLEANS BIO INNOVATION CENTER INC operate?
NEW ORLEANS BIO INNOVATION CENTER INC is headquartered in New Orleans, LA.
Who funded NEW ORLEANS BIO INNOVATION CENTER INC recently?
In 2023, NEW ORLEANS BIO INNOVATION CENTER INC received grants from JPMORGAN CHASE FOUNDATION, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and LOUISIANA BUSINESS INCUBATION ASSOCIATIO. More information on this organization’s funders is available to registered users.
What is the largest grant NEW ORLEANS BIO INNOVATION CENTER INC received in 2023?
The largest grant to NEW ORLEANS BIO INNOVATION CENTER INC in 2023 exceeds $295 thousand.
What is NEW ORLEANS BIO INNOVATION CENTER INC’s reliance on government grants?
NEW ORLEANS BIO INNOVATION CENTER INC relied on government grants for more than 10% of their total revenue in 2024.