Jackson Laboratory FY2022 filing

Tax-deductible

Bar Harbor, ME501(c)(3)Since 1929Medical ResearchEIN 01-0211513Revenue $553.5M in FY2022

On file with the IRSjax.org600 Main St, 04609-1522 · Bar Harbor, METax-exempt since May 1950Publicly supported charity — 170(b)(1)(A)(vi)

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The purposes of the Laboratory are scientific, medical, charitable, and educational. Our mission is to discover precise genomic solutions for disease and empower the biomedical community.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$9.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-T
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $35.8M a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$9.2M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $3.5M
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$442.8M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
27
of 28 voting members
Looks good: 27 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$553.5M
-3% vs prior year
Spent
$532.8M
To programs
86%
Net assets
$951.9M
By yearFY2020–FY2024
Revenue
$553.5M
FY2022▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$527.5M
FY2021$572.9M
FY2022$553.5M
FY2023$572.8M
FY2024$652.5M
Expenses
$532.8M
FY2022▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$463.6M
FY2021$509.5M
FY2022$532.8M
FY2023$577.4M
FY2024$617.0M
Net assets
$951.9M
FY2022▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$918.5M
FY2021$1.0B
FY2022$951.9M
FY2023$996.9M
FY2024$1.1B

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1950.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $458.4M Management & general 13% · $70.5M Fundraising 1% · $3.9M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

42 people listed on the 990-T; $9.2M paid to officers and key staff.

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$1,299,235$71,385—
Edison T Liu MD Until 1121———$1,488,347—
Aurobindo Nair———$1,479,984$1,032,625
Edison T Liu MD—$443,759$1,336,777—$1,175,290
S Catherine Longley$532,237$1,302,770$938,613$866,847$736,006
Mitchell Kennedy$1,260,592$724,685———
Aurobindo Nair Until 922——$1,019,881——
Douglas W Abbott$843,368————

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Conducts genomic research to find cures for diseases while providing educational programs and training for students, teachers, and biomedical scientists.

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Provided by the organization

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3 programs · $458.4M · in their 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

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 7 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 →

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$553.5M
Fees for services$416.7M
Gifts and grants$119.5M
Investment income$16.7M
Money out
$532.8M
Programs$458.4M
Management$70.5M
Fundraising$3.9M
Owns and owes
$951.9M
net assets
Cash and savings$244.8M
Total assets$1.4B
Liabilities$442.8M
People
42
listed
Paid13
Voting board28
Independent27
2In more detail
Revenue in detail
Gifts and grants$119.5M
Government grants$101.8M
Fees for services$416.7M
Investment income$16.7M
Other income$628K
Total revenue$553.5M
Assets in detailEnd of year
Cash and savings together$244.8M
Total assets$1.4B
Liabilities$442.8M
Net assets$951.9M
Operations
Employees2,983
Volunteers26
Fiscal year endsDecember
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $652.5M$617.0M$35.5M$1.1B 990 PDF
FY2023 $572.8M$577.4M−$4.6M$996.9M 990 PDF
FY2022 Viewing $553.5M$532.8M$20.7M$951.9M 990 PDF
FY2021 $572.9M$509.5M$63.4M$1.0B 990 PDF
FY2020 $527.5M$463.6M$63.9M$918.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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