Laureate Institute for Brain Research Inc

Analysis

Laureate Institute for Brain Research Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in May 1989, 37 years ago. Its declared purposes cover social science, 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 December 2023, Laureate Institute for Brain Research Inc reported income of $16.1m and spending of $15.6m, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $12.2m to $16.1m (+32%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Laureate Institute for Brain Research Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Arkansas Museum of Fine Arts Foundation ($16.0m), The Maritime Aquarium at Norwalk Inc ($16.1m) and Tall Timbers Research Inc ($15.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.3m (8.5% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $24.5m against liabilities of $4.5m, net assets of $20.0m.