Cura Foundation FY2021 filing

Tax-deductible

New York, NY501(c)(3)Human ServicesEIN 26-1150435Revenue $858K in FY2021

On file with the IRSthecurafoundation.org1180 Avenue of Americas 8th FL, 10036-0000 · New York, NYTax-exempt since Jun 2008Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Cura's mission is to improve human health and increase quality of life, globally.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$197K 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

FY2021 · Form 990Independent: 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
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 7
filings with a surplus
Average surplus $656K a year · 22% of revenue · last 7 filings
Worth a look: a surplus in 3 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$197K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$228K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$858K
-91% vs prior year
Spent
$4.2M
To programs
88%
Net assets
$8.5M
By yearFY2018–FY2024
Revenue
$858K
FY2021▼ -91%
Tap a bar for its year
Revenue by fiscal year
FY2018$7.2M
FY2019$1.8M
FY2020$10.0M
FY2021$858K
FY2022$146K
FY2023$321K
FY2024$274K
Expenses
$4.2M
FY2021▲ +122%
Tap a bar for its year
Expenses by fiscal year
FY2018$5.6M
FY2019$1.3M
FY2020$1.9M
FY2021$4.2M
FY2022$1.8M
FY2023$963K
FY2024$420K
Net assets
$8.5M
FY2021▼ -27%
Tap a bar for its year
Net assets by fiscal year
FY2018$3.2M
FY2019$3.5M
FY2020$11.7M
FY2021$8.5M
FY2022$1.0M
FY2023$370K
FY2024$192K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 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 Jun 2008.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $3.6M Management & general 9% · $389K Fundraising 3% · $125K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

4 people listed on the 990; $197K paid to officers and key staff.

Part VII, Section A · reportable compensation
$110,000Pt VII · Sec A
Treasurer
$87,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Joseph Talamo’s $24K as Treasurer is at the 13th percentile of top reported officer pay among 2167 $100K–1M human services 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Dr Max Gomez———$110,000$50,000$2,500
Joseph Talamo$24,000$84,000$97,000$87,000$73,000$61,000

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.

See Cura Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aNo

Programs and updates

Improves human health and quality of life worldwide.

Questions for Cura Foundation

Tap to ask. Cura Foundation sees how many people are interested.

Your first name shows with your question. Cura Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $3.6M · in their own filed words · FY2021
01

The foundation raises global awareness about disease prevention and cell therapy treatment and fosters a collaborative dialogue between scientists, regulatory agencies, ministers of health, patient advocates, physicians, ethicists, philanthropists, leaders of faith, government officials and industry personnel.

$3.6Mprogram 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 · FY2023
Total grants receivedfrom 1 funder$100K
Grants paid · 8 grants · $753K · 2019–2022
Wnicer InstituteFY2022$27,000
Wnicer InstituteFY2021$31,500
Bauerin Consultants LLCFY2021$26,100
The Marcus FoundationFY2020$173,010
The Marcus FoundationFY2020$173,010
Wnicer InstituteFY2020$116,100
Wnicer InstituteFY2020$116,100
Wnicer InstituteFY2019$90,434

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$858K
Ln 12
Gifts and grantsLn 1h$862K
Investment incomeLn 3$14
Money outPt IX
$4.2M
Ln 25
Programscol B$3.6M
Managementcol C$389K
Fundraisingcol D$125K
Owns and owesPt X
$8.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$8.8M
LiabilitiesLn 26$228K
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$862K
Investment incomeLn 3$14
Gains on assetsLn 7−$4K
Total revenueLn 12$858K
Assets in detailPt X, end of year
CashLn 1$2.6M
Cash and savings togetherLn 1–2$2.6M
Other assetsLn 15$24K
Total assetsLn 16$8.8M
LiabilitiesLn 26$228K
Net assetsLn 32$8.5M
OperationsPt I, VI
EmployeesI 52
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$4.6M$2.6M
Total assetsLn 16$11.8M$8.8M
LiabilitiesLn 26$99K$228K
Net assetsLn 32$11.7M$8.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$58K$58K
Pay of current officers, directors and key staffLn 5$197K$110K$87K
Other salaries and wagesLn 7$157K$78K$78K
Other employee benefitsLn 9$17K$8K$2K$8K
Payroll taxesLn 10$12K$6K$6K
Legal feesLn 11b$66K$66K
Accounting feesLn 11c$38K$38K
Other fees for servicesLn 11g$2.4M$2.3M$32K$33K
Advertising and promotionLn 12$602K$602K
Office expensesLn 13$218K$127K$91K
Information technologyLn 14$44K$28K$17K
OccupancyLn 16$94K$47K$47K
TravelLn 17$59K$59K
Conferences, conventions and meetingsLn 19$189K$189K
InsuranceLn 23$6K$3K$3K
Other expenses (24a–d)Ln 24$32K$26K$6K
Total functional expensesLn 25$4.2M$3.6M$389K$125K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $274K$420K−$147K$192K 990 PDF
FY2023 $321K$963K−$642K$370K 990 PDF
FY2022 $146K$1.8M−$1.6M$1.0M 990 PDF
FY2021 Viewing $858K$4.2M−$3.3M$8.5M 990 PDF
FY2020 $10.0M$1.9M$8.1M$11.7M 990 PDF
FY2019 $1.8M$1.3M$557K$3.5M 990 PDF
FY2018 $7.2M$5.6M$1.6M$3.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $858,424 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,896,644$862,270
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $50−$4,386
I-11 Other revenuePrior year $100,891$540
I-12 Total revenuePrior year $9,997,585$858,424
I-13 Grants and similar amounts paidPrior year $289,110$57,600
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $188,968$383,169
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,388,704$3,710,207
I-18 Total expensesPrior year $1,866,782$4,150,976
I-19 Revenue less expensesPrior year $8,130,803−$3,292,552
Part VI · Governance 2 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $858,424 across 6 lines filed
VIII-1f All other contributions, gifts and grants$862,270
VIII-1h Total contributions, gifts and grants$862,270
VIII-3 Investment incomeExcluded from tax $14$14
VIII-5 RoyaltiesExcluded from tax $540$540
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$4,400−$4,400
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$3,846$858,424
Part IX · Statement of functional expenses $4,150,976 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $57,600$57,600
IX-5 Pay of current officers, directors and key staffPrograms $110,000 · Management $87,000$197,000
IX-7 Other salaries and wagesPrograms $78,500 · Fundraising $78,500$157,000
IX-9 Other employee benefitsPrograms $7,620 · Management $1,600 · Fundraising $7,621$16,841
IX-10 Payroll taxesPrograms $6,164 · Fundraising $6,164$12,328
IX-11b Legal feesManagement $65,619$65,619
IX-11c Accounting feesManagement $38,329$38,329
IX-11g Other fees for servicesPrograms $2,297,061 · Management $32,250 · Fundraising $32,725$2,362,036
IX-12 Advertising and promotionPrograms $601,582$601,582
IX-13 Office expensesPrograms $127,238 · Management $90,921$218,159
IX-14 Information technologyPrograms $27,635 · Management $16,791$44,426
IX-16 OccupancyPrograms $47,216 · Management $47,216$94,432
IX-17 TravelPrograms $58,608$58,608
IX-19 Conferences, conventions and meetingsPrograms $189,172$189,172
IX-23 InsurancePrograms $3,016 · Management $3,016$6,032
IX-24 Other expenses (24a–d)Programs $25,911 · Management $5,901$31,812
IX-25 Total functional expensesPrograms $3,637,323 · Management $388,643 · Fundraising $125,010$4,150,976
Part X · Balance sheet $8,753,811 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $4,551,081$2,565,327
X-3 Pledges and grants receivableStart of year $6,810,436$6,152,513
X-9 Prepaid expenses and deferred chargesStart of year $331,701$11,700
X-15 Other assetsStart of year $20,272$24,271
X-16 Total assetsStart of year $11,758,145$8,753,811
X-17 Accounts payable and accrued expensesStart of year $98,713$227,864
X-26 Total liabilitiesStart of year $98,713$227,864
X-27 Net assets without donor restrictionsStart of year $3,573,996$2,373,434
X-28 Net assets with donor restrictionsStart of year $8,085,436$6,152,513
X-32 Total net assets or fund balancesStart of year $11,659,432$8,525,947
X-33 Total liabilities and net assetsStart of year $11,758,145$8,753,811
Part XI · Reconciliation of net assets $8,525,947 net assets at year end
XI-1 Total revenue$858,424
XI-2 Total expenses$4,150,976
XI-3 Revenue less expenses−$3,292,552
XI-4 Net assets at start of year$11,659,432
XI-5 Net unrealized gains (losses) on investments−$13,943
XI-9 Other changes in net assets$173,010
XI-10 Net assets at end of year$8,525,947

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.