Public Charity

APPLIED RESEARCH INSTITUTE INC

APPLIED RESEARCH INSTITUTE INC is a nonprofit organization categorized as Public Charity based in BLOOMINGTON, IN. Its most recent IRS filing (2024) reports revenue of $76.9M, expenses of $68.2M, total assets of $47.1M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $35K.

EIN: 821443757 BLOOMINGTON, IN Latest filing: 2024
Total Revenue$76.9M
Total Expenses$68.2M
Total Assets$47.1M
Grant Records1
Funding Total$35K
Filing Years2020–2024

Mission

ARI WAS FORMED TO CONDUCT RESEARCH AND FOSTER REGIONAL COLLABORATION AMONG INDIANA'S RESEARCH UNIVERSITIES; LOCAL, STATE, AND FEDERAL GOVERNMENT ENTITIES; AND THE PHILANTHROPIC AND CORPORATE SECTORS IN CONNECTION WITH CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PROGRAMS INVOLVING MULTI-SPECTRAL SENSOR DATA FUSION AND SECURITY (CYBER), HIGH DENSITY ENERGY STORAGE AND MANAGEMENT, ADVANCED MATERIALS SCIENCE, AND MICROELECTRONICS TECHNOLOGY AND SECURITY, AS WELL AS OTHER TECHNOLOGICAL AND SCIENTIFIC AREAS THAT ALIGN WITH THE CAPABILITIES AND MISSION OF THE ORGANIZATION.

Officers & Directors

EVP PARTNERSHIPS & GENERAL Andrew Kossack
SVP, MICROELECTRONICS & AT Brett Hamilton
PRESIDENT & CEO David Roberts
BOARD MEMBER, FINANCE/AUDIT COMMITTEE Dr Pamela Whitten
EVP INNOVATION & STRATEGY Elizabeth Pyne
SVP, INNOVATION & SEMICONDUCTOR James Costa

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$35,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $76.9M $68.2M $47.1M
2023 $55.3M $50.6M $41.7M
2022 $30.4M $29.6M $11.0M
2020 $4.4M $4.1M $779K

Between 2020 and 2024, reported annual revenue grew from $4.4M to $76.9M (+1654%), with total assets most recently reported at $47.1M.

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

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