Overview

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Est.

2013

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Indiana Biosciences Research Institute Inc (IBRI) is an independent life sciences institute dedicated to both discovery and applied research aimed at addressing critical challenges related to diabetes, cardio-metabolic diseases, and poor nutrition, primarily focusing on Indiana. With an operating budget of $18.3 million and total revenue of $5 million for the fiscal year 2024, the IBRI collaborates with various partners to enhance public health and foster economic development in the region. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

THE IBRI IS AN INDEPENDENT LIFE SCIENCES INSTITUTE FOCUSED ON BOTH DISCOVERY AND APPLIED RESEARCH AIMED AT ADDRESSING MAJOR CHALLENGES TARGETING DIABETES, CARDIO-METABOLIC DISEASES, AND POOR NUTRITION. THE IBRI WORKS IN COLLABORATION WITH OTHERS PRIMARILY IN THE US MAKING RESULTS AVAILABLE TO THE PUBLIC ON A NON-DISCRIMINATORY BASIS. THE IBRI FACILITATES THE DEVELOPMENT OF INNOVATION TO AID THE STATE OF INDIANA AND ITS RESIDENTS TO IMPROVE PUBLIC HEALTH, ATTRACT TALENT AND INDUSTRY TO THE STATE, AND TO COMMERCIALIZE TECHNOLOGIES THAT MIGHT FOSTER FURTHER ECONOMIC DEVELOPMENT.
Revenues
$5M
Expenses
$18.3M
Net Income:
-$13.3M
Assets
$148.2M
Liabilities
$24.3M
Net Assets:
+$123.9M
Operating Budget
$18.3M
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
1
Median grant size
$545K
Largest grant received
$545K
A
ALAN PALKOWITZ PhD
Board Member
J
Jeffrey Rhoads PhD
Board Member
A
Aaron Schacht
Board Member

Frequently Asked Questions

What is Indiana Biosciences Research Institute Inc’s budget?
In 2024, Indiana Biosciences Research Institute Inc reported an annual operating budget of around $18.3 million. More detailed financial information is available to registered users.
What causes does Indiana Biosciences Research Institute Inc support?
Indiana Biosciences Research Institute Inc supports work in Health, Science, Diabetes, Public health, Nutrition, and Economic development.
Where does Indiana Biosciences Research Institute Inc operate?
Indiana Biosciences Research Institute Inc is headquartered in Indianapolis, IN.
Who funded Indiana Biosciences Research Institute Inc recently?
In 2023, Indiana Biosciences Research Institute Inc received grants from BREAKTHROUGH T1D, BREAKTHROUGH T1D, and ELI LILLY AND COMPANY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Indiana Biosciences Research Institute Inc received in 2023?
The largest grant to Indiana Biosciences Research Institute Inc in 2023 exceeds $545 thousand.
What is Indiana Biosciences Research Institute Inc’s reliance on government grants?
Indiana Biosciences Research Institute Inc relied on government grants for more than 10% of their total revenue in 2024.