Public Charity

IQM RESEARCH INSTITUTE

IQM RESEARCH INSTITUTE, of ANN ARBOR, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.6M in revenue, $4.6M in expenses, $1.3M in total assets. 3 publicly reported grants to this organization, totaling roughly $558K, appear in IRS filings.

EIN: 471793768 ANN ARBOR, MI General Science NTEE: U20 Latest filing: 2024
Total Revenue$4.6M
Total Expenses$4.6M
Total Assets$1.3M
Grant Records3
Funding Total$558K
Filing Years2020–2024

Mission

PERFORM FUNDAMENTAL AND APPLIED RESEARCH IN THE PUBLIC INTEREST FOR GOVERNMENTAL AND EDUCATIONAL INSTITUTIONS AND PRIVATE INDUSTRY TO ATTRACT HIGH TECHNOLOGY TO THE STATE OF MICHIGAN.

Where $100 goes at Iqm Research Institute

How Iqm Research Institute divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$63 Programs the work itself
$37 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 $63 for programs

$34
Conducting basic research for a united states government contract
54% of program spending
$13
Artificial intelligence
20% of program spending
$9
Research and develop vehicular cybersecurity
14% of program spending

Plus 3 more programs. Cost per person served and the full program breakdown are on the full profile.

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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

CHIEF FINANCIAL OFFICER David Fleury
VP OF LEGAL AFFAIRS Gerald Brennan
RESEARCH SCIENTIST James Kirk
PROGRAM MANAGER Jennifer Frye
CHIEF OPERATING OFFICER Jim Miles
DIRECTOR Maria Thompson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$455,000 2 grants
Research & Policy
$103,226 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.6M $4.6M $1.3M
2023 $4.7M $4.3M $1.4M
2022 $3.2M $3.0M $1.1M
2020 $526K $622K $242K

Between 2020 and 2024, reported annual revenue grew from $526K to $4.6M (+775%), with total assets most recently reported at $1.3M.

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

See the full picture for IQM RESEARCH INSTITUTE

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