MASSACHUSETTS BIOMEDICAL INITIATIVES INC is a nonprofit organization categorized as Public Charity based in WORCESTER, MA. Its most recent IRS filing (2025) reports revenue of $5.6M, expenses of $4.4M, total assets of $33.3M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $50K.
MASSACHUSETTS BIOMEDICAL INITIATIVES, INC. ("MBI OR THE ORGANIZATION") IS A PRIVATE NON-PROFIT CORPORATION FOCUSING ON BUILDING UP CENTRAL MASSACHUSETTS AS A GLOBAL BIOMANUFACTURING HUB. OUR MISSION OF BEING A PARTNER FOR FOSTERING INNOVATION IN THE LIFE SCIENCES IS FULFILLED THROUGH OUR EFFORTS IN STARTUP INCUBATION, WORKFORCE DEVELOPMENT, ECONOMIC DEVELOPMENT, AND REGIONAL ADVOCACY.
How Massachusetts Biomedical Initiatives Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 1 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.6M | $4.4M | $33.3M |
| 2024 | $5.3M | $4.2M | $31.3M |
| 2023 | $6.4M | $3.6M | $30.0M |
| 2022 | $4.8M | $3.4M | $23.7M |
| 2020 | $6.0M | $2.2M | $17.5M |
Between 2020 and 2025, reported annual revenue declined from $6.0M to $5.6M (-6%), with total assets most recently reported at $33.3M.
Interactive year-over-year charts and full filing details available with membership.
