Public Charity

MASSACHUSETTS BIOTECHNOLOGY COUNCIL INC

MASSACHUSETTS BIOTECHNOLOGY COUNCIL INC, of CAMBRIDGE, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $17.8M in revenue, $17.7M in expenses, $29.0M in total assets. 6 publicly reported grants to this organization, totaling roughly $64K, appear in IRS filings.

EIN: 222693047 CAMBRIDGE, MA Latest filing: 2024
Total Revenue$17.8M
Total Expenses$17.7M
Total Assets$29.0M
Grant Records6
Funding Total$64K
Filing Years2019–2024

Mission

MASSBIO IS COMMITTED TO ADVANCING MASSACHUSETTS' LEADERSHIP IN THE LIFE SCIENCES TO GROW THE INDUSTRY, ADD VALUE TO THE HEALTH CARE SYSTEM AND IMPROVE PATIENT LIVES.

Officers & Directors

HEAD OF EXTERNAL AFFAIRS Benjamin Bradford
DIRECTOR Brian Foard
DIRECTOR Carolina Alarco
DIRECTOR Chandra Ramanathan
DIRECTOR Cheryl Blanchard
DIRECTOR Chip Clark

Officer compensation and complete director data available with membership.

Top Grant Purposes

SPONSORSHIP
$31,000 4 grants
SEE PART IV
$25,000 1 grant
SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $17.8M $17.7M $29.0M
2023 $18.5M $17.6M $29.8M
2022 $16.9M $15.9M $31.3M
2020 $12.5M $10.1M $15.8M
2019 $11.6M $10.7M $16.3M

Between 2019 and 2024, reported annual revenue grew from $11.6M to $17.8M (+53%), with total assets most recently reported at $29.0M.

Interactive year-over-year charts and full filing details available with membership.

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