Overview

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Est.

1965

Fiscal Year Start

Sep 1

Organization Type

Grantseeker

AI Summary

The Lovelace Biomedical Research Institute (LBRI), based in Albuquerque, New Mexico, is a private nonprofit organization dedicated to enhancing public health through biomedical research focused on disease prevention, treatment, and cure. With an operating budget of $91.5 million and total revenue of $91.2 million for the filing year 2024, LBRI is committed to understanding disease mechanisms and developing improved therapeutics, vaccines, and diagnostics. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

THE LOVELACE BIOMEDICAL RESEARCH INSTITUTE (LBRI) IS A PRIVATE, BIOMEDICAL RESEARCH ORGANIZATION DEDICATED TO IMPROVING PUBLIC HEALTH THROUGH RESEARCH ON THE PREVENTION, TREATMENT AND CURE OF DISEASES. LBRI IS COMMITTED TO CURING DISEASES THROUGH RESEARCH AIMED AT UNDERSTANDING THEIR CAUSES AND BIOLOGICAL MECHANISMS; ASSESSING AND ELIMINATING EXPOSURES TO RESPIRATORY, NEUROLOGICAL AND OTHER HEALTH HAZARDS; AND DEVELOPING IMPROVED THERAPEUTICS, VACCINES, AND DIAGNOSTICS. LBRI IS BASED IN ALBUQUERQUE, NEW MEXICO.
Revenues
$91.2M
Expenses
$91.5M
Net Income:
-$276.7K
Assets
$256.4M
Liabilities
$44.4M
Net Assets:
+$212M
Operating Budget
$91.5M
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
$137.2K
Largest grant received
$137.2K
N
Nicholas S Janiga
Board Member
M
Matthew F Bonilla
Board Member
W
Wanda Hernandez
Board Member

Frequently Asked Questions

What is LOVELACE BIOMEDICAL RESEARCH INSTITUTE’s budget?
In 2024, LOVELACE BIOMEDICAL RESEARCH INSTITUTE reported an annual operating budget of around $91.5 million. More detailed financial information is available to registered users.
What causes does LOVELACE BIOMEDICAL RESEARCH INSTITUTE support?
LOVELACE BIOMEDICAL RESEARCH INSTITUTE supports work in Health, Public health, Crisis intervention, and Biomedicine & Bioengineering Research.
Where does LOVELACE BIOMEDICAL RESEARCH INSTITUTE operate?
LOVELACE BIOMEDICAL RESEARCH INSTITUTE is headquartered in ALBUQUERQUE, NM.
Who funded LOVELACE BIOMEDICAL RESEARCH INSTITUTE recently?
In 2024, LOVELACE BIOMEDICAL RESEARCH INSTITUTE received grants from Emory University, AMERICAN LUNG ASSOCIATION, and Emory University. More information on this organization’s funders is available to registered users.
What is the largest grant LOVELACE BIOMEDICAL RESEARCH INSTITUTE received in 2024?
The largest grant to LOVELACE BIOMEDICAL RESEARCH INSTITUTE in 2024 exceeds $137 thousand.
What is LOVELACE BIOMEDICAL RESEARCH INSTITUTE’s reliance on government grants?
LOVELACE BIOMEDICAL RESEARCH INSTITUTE relied on government grants for more than 10% of their total revenue in 2024.