Mission
THE ORGANIZATION'S MISSION IS TO MANAGE A BIOTECHNOLOGY INCUBATOR FACILITY TO DEVELOP AND SUPPORT A LIFE SCIENCE INDUSTRY IN NEW ORLEANS.
Public Charity
NEW ORLEANS BIO INNOVATION CENTER INC
NEW ORLEANS BIO INNOVATION CENTER INC, of NEW ORLEANS, LA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.7M in revenue, $3.8M in expenses, $33.2M in total assets. 6 publicly reported grants to this organization, totaling roughly $100K, appear in IRS filings.
EIN: 200078125
NEW ORLEANS, LA
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$2.7M
Total Expenses$3.8M
Total Assets$33.2M
Grant Records6
Funding Total$100K
Filing Years2021–2025
Where $100 goes at New Orleans Bio Innovation Center Inc
How New Orleans Bio Innovation Center Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$87
Programs
the work itself
$13
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $87 for programs
$29
Wet laboratory and office rentalsubsidize wet laboratory and office rental for start-up biotechnology and healthcare companies, primarily derived from local university research
$29
Commercialization programactively facilitates local biotech business development and job creation through subsidized or free consulting services, including business plan writing, market research, securing intellectual property, forming a management…
$29
Loan programassists companies in acquiring the capital needed to achieve growth that will enable them to create more jobs and economic opportunities in louisiana by providing low interest…
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.
Sample Grants Received
For grant recipient's exempt purposes
$10,000
For grant recipient's exempt purposes
$10,000
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$25,000
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$25,000
COMMUNITY IMPROVEMENT
$5,443
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
SECRETARY/TREASURER
Andre Rubenstein
BOARD MEMBER
Arthur Cooper
VICE CHAIRMAN
Dr Steve Nelson
BOARD MEMBER
Josh Fleig
BOARD MEMBER
Kaneisha Akinpelumi
PRESIDENT/CEO
Kristopher Khalil
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.7M | $3.8M | $33.2M |
| 2024 | $2.6M | $4.1M | $34.5M |
| 2023 | $2.8M | $3.4M | $36.0M |
| 2022 | $2.7M | $3.4M | $36.2M |
| 2021 | $2.6M | $3.1M | $37.0M |
Between 2021 and 2025, reported annual revenue grew from $2.6M to $2.7M (+6%), with total assets most recently reported at $33.2M.
Interactive year-over-year charts and full filing details available with membership.