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.

Where $100 goes at Massachusetts Biotechnology Council Inc

How Massachusetts Biotechnology Council Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$72 Programs the work itself
$28 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 $72 for programs

$72
Massachusetts Biotechnology Council
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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

Fundraising & Sponsorship
$38,500 5 grants
Unspecified
$25,000 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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