Public Charity

Southwest Research Institute

Southwest Research Institute is a Public Charity headquartered in San Antonio, TX. Financial data from the 2025 filing: $978.6M revenue, $935.2M expenses, $1.2B total assets. 84 publicly reported grants to this organization, totaling roughly $111.6M, appear in IRS filings.

EIN: 741070544 San Antonio, TX Science & Technology N.E.C. NTEE: U99 Latest filing: 2025
Total Revenue$978.6M
Total Expenses$935.2M
Total Assets$1.2B
Grant Records84
Funding Total$111.6M
Filing Years2021–2025

Mission

Southwest Reseach Institute(SwRI) exists to benefit government, industry & the public by conducting innovative applied & basic research; developing/transferring technology; establishing, maintaining & operating research facilities; & providing a challenging and rewarding work environment to fulfill its scientific, charitable, testing for public safety, literary and educational purposes.

Where $100 goes at Southwest Research Institute

How Southwest Research Institute divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$84 Programs the work itself
$16 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 $84 for programs

$84
Southwest Research Institute exists to benefit government, industry and the public by conducting innovative applied and basic research developing/transferring technology; establishing, maintaining and operating research facilities; and providing…
All program spending
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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

2024
SUB-AWARD
$16,950,547
2024
SCIENTIFIC RESEARCH ON DATA FROM HUBBLE SPACE TELESCOPE AND/OR JAMES WEBB SPACE TELESCOPE
$768,662
$257,371
2024
INTERVENTION-BASED MATERNAL HEALTH PREDICTION
$195,000
2024
Used for scientific or education
$182,778

Showing up to 5 of 84 total records — full history available with membership.

Officers & Directors

Pres./CEO/Dir. Adam Hamilton
Vice President Anthony Magaro
Vice President Ben H Thacker
CFO/Sec/VP-Fin. Beth Ann Rafferty
Pres/CEO SSLLC Brian J Schimmoller
Asst. Treasurer Byrl B Brockman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$91,949,994 18 grants
Fundraising & Sponsorship
$9,942,231 1 grant
Research & Policy
$6,854,818 45 grants
Education
$1,976,039 12 grants
Health & Medicine
$372,341 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $978.6M $935.2M $1.2B
2024 $926.4M $892.4M $1.1B
2023 $855.6M $811.8M $1.0B
2022 $800.9M $762.6M $938.0M
2021 $748.3M $697.6M $894.6M

Between 2021 and 2025, reported annual revenue grew from $748.3M to $978.6M (+31%), with total assets most recently reported at $1.2B.

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

See the full picture for Southwest Research Institute

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