Hugo W Moser Research Institute at Kennedy Krieger Inc

Analysis

Hugo W Moser Research Institute at Kennedy Krieger Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hugo W Moser Research Institute at Kennedy Krieger Inc reported income of $51.7m and spending of $47.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.6m to $51.7m (+59%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hugo W Moser Research Institute at Kennedy Krieger Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Shen Yun Performing Arts Inc ($51.5m), American Conservatory Theatre Foundation ($51.9m) and Cincinnati Symphony Orchestra ($51.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $1.2m (2.6% of expenses). Other salaries and wages came to $21.7m. At year end it held assets of $9.4m against liabilities of $21.0m, net assets of -$11.6m. It reported 391 employees.