Jackson Laboratory EIN 01-0211513

Jackson Laboratory FY2022 filing

EIN  01-0211513 Large institutional nonprofit Bar Harbor, ME Founded 1929
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 7/4/26 · see original filing: IRS
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Size
$100M+
What they do
Conducts genomic research to find cures for diseases while providing educational programs and training for students, teachers, and biomedical scientists.
Leadership
Edison T Liu MD · Former President & CEO · $1.3M
Money in and out
$553.5M revenue, $532.8M expenses

Conducts genomic research to find cures for diseases while providing educational programs and training for students, teachers, and biomedical scientists. For fiscal year 2022 it reported $553.5M in revenue, $532.8M in expenses, and $951.9M in net assets.Pt I

Financial scale & money flow · FY2022
Total revenue
$553.5M
Pt VIII · Ln 12
Total expenses
$532.8M
Pt IX · Ln 25
Net assets
$951.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20.7M
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.13 Fundraising $0.01

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$553.5M
FY2022▼ -3%
Expenses
$532.8M
FY2022▲ +5%
Total assets
$1.4B
FY2022▼ -4%
Total liabilities
$442.8M
FY2022▼ -1%
Total revenue
$553.5M
Pt VIII · Ln 12
Total expenses
$532.8M
Pt IX · Ln 25
Net assets
$951.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20.7M
Total assetsPt X · Ln 16$1.4B
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 328
Independent voting membersPt I · Ln 427
Mission & Programs · Part III

Where the work happens

3 program services account for $458.4M of program spending, described in the organization's own filed words · FY2022.
01

Develop and provide genetic resourcesthe jackson laboratory (jax) is a global resource for developing, distributing and analyzing innovative models of human disease. It offers an array of model creation, husbandry and diagnostic and analytical services, ranging from custom breeding and strain preservation to drug efficacy studies and…

$284.0Mprogram expense
02

Biomedical researchthe laboratory's researchers combine experience in mammalian genetics and human genomics to shape an integrated approach to personalized medicine. Scientists work collaboratively and cross-discipline, leveraging expertise in cancer, immunology, neurogenetics, life-cycle biology, the microbiome, and computational…

$163.6Mprogram expense
03

Education and trainingthe laboratory offers educational programs for scientists throughout their careers from stem education for high school students and training for science and math teachers to courses and conferences for experienced researchers defining the cutting edge of genomics into their PRACTICES.FOR more information on the…

$10.7Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJackson Laboratory
EINHdr · item D01-0211513
Principal addressHdr · item CBar Harbor, ME
WebsiteHdr · item Jwww.jax.org
Year of formationHdr · item L1929
State of legal domicileHdr · item MME
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMedical Research (H920)
Ruling yearIRS BMFMay 1950

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a28
Independent voting membersPt VI · Ln 1b27
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Former President & CEO
$1,336,777Pt VII · Sec A
President & CEO
$1,299,235Pt VII · Sec A
Executive VP & President Jmcrs
$1,019,881Pt VII · Sec A
Executive Vice President & COO
$938,613Pt VII · Sec A
Senior Vice President Research
$605,025Pt VII · Sec A
Scientific Director
$537,543Pt VII · Sec A
SR Vice President & CFO
$507,735Pt VII · Sec A
General Counsel & Secretary
$506,599Pt VII · Sec A

Lon Cardon PHD Fmedsci’s $2.5M as President & CEO is at the 100th percentile of top reported officer pay among 24 $100M+ medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lon Cardon PHD Fmedsci$2,515,944$1,872,421
Edison T Liu MD Until 1121$1,488,347
Aurobindo Nair$1,479,984$1,032,625
Edison T Liu MD$1,336,777$1,175,290
S Catherine Longley$1,302,770
Lon Cardon PHD Fmedsci$1,299,235$71,385
Mitchell Kennedy$1,260,592$724,685
Aurobindo Nair Until 922$1,019,881

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$416.7M · 75%
Contributions & grants$119.5M · 22%
Investment income$16.7M · 3%
Program service revenue75%$416.7M
Contributions & grants22%$119.5M
Investment income3%$16.7M
Other revenue$628K
— government grantsLn 1e$101.8M
Total revenueLn 12$553.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.13 Fundraising $0.01
Program services86%$458.4M
Management & general13%$70.5M
Fundraising1%$3.9M
Total functional expensesLn 25$532.8M

Balance Sheet

Part X · end of year
CashLn 1$244.8M
Total assetsLn 16$1.4B
Total liabilitiesLn 26$442.8M
Total net assetsLn 32$951.9M
Months of cash on handcomputed5.5

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 5 funders$322K
See all 5 funders →
Grants paid · 43 grants · $13.5M · 2020–2024
Unitemized GrantFY2024$2,656,654
Town of Bar HarborFY2024$122,832
City of EllsworthFY2024$58,463
Friends of AcadiaME · FY2024$10,000
Unitemized GrantFY2023$2,606,711
Town of Bar HarborFY2023$119,254
City of EllsworthFY2023$56,275
Maine Discovery MuseumME · FY2023$6,500
Unitemized GrantFY2022$2,475,529
Town of Bar HarborFY2022$115,781
City of EllsworthFY2022$54,636
See all 43 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$652.5M revenue · ⤓ 990 PDF
FY2023$572.8M revenue · ⤓ 990 PDF
FY2022$553.5M revenue · viewing · ⤓ 990 PDF
FY2021$572.9M revenue · ⤓ 990 PDF
FY2020$527.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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