Public Charity

BIOTECHNOLOGY INNOVATION ORGANIZATION

BIOTECHNOLOGY INNOVATION ORGANIZATION is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $117.7M revenue, $100.0M expenses, $170.1M total assets. 7 publicly reported grants to this organization, totaling roughly $1.7M, appear in IRS filings.

EIN: 521224577 WASHINGTON, DC Latest filing: 2024
Total Revenue$117.7M
Total Expenses$100.0M
Total Assets$170.1M
Grant Records7
Funding Total$1.7M
Filing Years2019–2024

Mission

THE BIOTECHNOLOGY INNOVATION ORGANIZATION (BIO) REPRESENTS APPROXIMATELY 1,000 COMPANIES AND ORGANIZATIONS IN WASHINGTON DC, STATE CAPITALS, AND INTERNATIONAL FORA. BIO IS FOUNDED ON THE PRINCIPLE THAT POLICY MUST NURTURE INNOVATION IN THE LIFE SCIENCES TO OVERCOME CHALLENGES IN HEALTH CARE, AGRICULTURE, INDUSTRY, AND THE ENVIRONMENT. OUR MEMBERS REPRESENT COMPANIES OFFERING A SPECTRUM OF BIOTECHNOLOGY APPLICATIONS ACROSS MAJOR SECTORS OF THE ECONOMY. BIO MEMBERS ALSO INCLUDE UNIVERSITIES, NONPROFITS, PATIENT GROUPS, AND OTHER ORGANIZATIONS THAT PLAY AN IMPORTANT ROLE IN THE FUTURE OF THE LIFE SCIENCES. BIO'S ACTIVITIES ARE BROKEN DOWN INTO TWO PROGRAMS - ADVOCACY AND SERVICES.

Sample Grants Received

$8,000
ALZHEIMER'S DRUG DISCOVERY FOUNDATION
2023
ALZHEIMERS RESEARCH
$73,700
WE WORK FOR HEALTH
2022
STATE-LEVEL PARTNERSHIP FOR SUPPORT AND EXPANSION OF BIO AFFILIATES
$250,000
$122,000
$1,065,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

DIRECTOR (UNTIL OCTOBER 2024) Alexander Hardy
DIRECTOR Alexandria Forbes
DIRECTOR (UNTIL JUNE 2024) Amir Nashat
DIRECTOR Andrew Obenshain
DIRECTOR (UNTIL DECEMBER 2024) Angela Carisa Ailloni
AGRICULTURE & ENV SECTION CHAIR Anna Rath Until 32024

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL CONTRIBUTION
$1,240,500 4 grants
STATE-LEVEL PARTNERSHIP FOR SUPPORT AND EXPANSION OF BIO AFFILIATES
$250,000 1 grant
General Contribution
$122,000 1 grant
ALZHEIMERS RESEARCH
$73,700 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $117.7M $100.0M $170.1M
2023 $113.8M $91.6M $156.6M
2022 $103.2M $86.3M $124.4M
2020 $77.3M $81.8M $76.5M
2019 $92.4M $96.2M $84.4M

Between 2019 and 2024, reported annual revenue grew from $92.4M to $117.7M (+27%), with total assets most recently reported at $170.1M.

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

See the full picture for BIOTECHNOLOGY INNOVATION ORGANIZATION

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