Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Altius Institute for Biomedical Sciences, identified by EIN 47-2231080, is dedicated to advancing biomedical discovery through innovative technologies that illuminate cell and tissue functions. With an operating budget of $32.3 million and total revenue of $25.5 million for the 2024 filing year, the organization is focused on bridging basic biological research with clinical applications to develop novel medicines. Altius does not appear to rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website, www.altiusinstitute.org.

Mission Statement

TO RADICALLY ENABLE AND ADVANCE BIOMEDICAL DISCOVERY THROUGH THE DEVELOPMENT AND EXPLORATORY APPLICATION OF NEW TECHNOLOGIES AND APPROACHES FOR ILLUMINATING CELL AND TISSUE STATES AND FUNCTION. TO ACHIEVE THIS VISION, ALTIUS IS ESTABLISHING A WHOLLY NEW TYPE OF SCIENTIFIC AND TECHNOLOGICAL DISCOVERY ENVIRONMENT DESIGNED TO FOSTER LEAPS IN INNOVATION. ALTIUS WILL LEVERAGE ITS CUTTING-EDGE TECHNOLOGIES TO SPAN THE CHASM BETWEEN BASIC BIOLOGICAL DISCOVERIES RELATED TO THE FUNCTION OF CELLS AND TISSUES AND THE TRANSLATION OF THESE INSIGHTS INTO THE CLINICAL ARENA AND THE DEVELOPMENT OF NOVEL MEDICINES.
Revenues
$25.5M
Expenses
$32.3M
Net Income:
-$6.8M
Assets
$17.4M
Liabilities
$7.8M
Net Assets:
+$9.6M
Operating Budget
$32.3M
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
$163.5K
Largest grant received
$163.5K
J
John Stamatoyannopoulos
Board Member
H
Hal Dietz
Board Member
P
Peter Handrinos
Board Member

Frequently Asked Questions

What is ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES’s budget?
In 2024, ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES reported an annual operating budget of around $32.3 million. More detailed financial information is available to registered users.
What causes does ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES support?
ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES supports work in Environment, Science, Nursing care, and Health.
Where does ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES operate?
ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES is headquartered in Seattle, WA.
Who funded ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES recently?
In 2017, ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES received grants from AMERICAN CANCER SOCIETY INC. More information on this organization’s funders is available to registered users.
What is the largest grant ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES received in 2017?
The largest grant to ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES in 2017 exceeds $164 thousand.
What is ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES’s reliance on government grants?
ALTIUS INSTITUTE FOR BIOMEDICAL SCIENCES relied on government grants for less than 5% of their total revenue in 2024.