Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2009.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
73 cents of each dollar spent went to programs.
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
16 people listed on the 990-T; $4.2M paid to officers and key staff.
Andrea Olariu’s $772K as CEO is at the 84th percentile of top reported officer pay among 127 $10–100M 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Tina Raine-Bennet | — | $1,167,104 | $620,956 | $231,911 | — |
| Jessica Grossman | — | — | — | $30,000 | $801,108 |
| Andrea Olariu | $771,904 | — | — | — | $555,517 |
| Olariuandrea I | — | — | — | $712,562 | — |
| Sally Stephens | — | — | $560,808 | — | $469,237 |
| Andrea I Olariu | — | $540,078 | $345,292 | — | — |
| Bradley Luke | $519,704 | $411,443 | $442,703 | — | $428,817 |
| Cynthia Hu | $499,660 | $104,462 | — | — | — |
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
Develops innovative, affordable medicines and devices to meet women's unmet health needs.
Questions for Medicines360
Your first name shows with your question. Medicines360 answers here, for everyone.
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The organization received nda approval for its iud product liletta in 2015. Liletta has been distributed through MEDICINES360'S commercial partner since april 2015. The organization has continued clinical trials beyond the initial approval for the product.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990-T, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $14.8M | $15.8M | −$1.1M | $48.0M | 990 PDF |
| FY2023 | $10.0M | $19.3M | −$9.3M | $46.8M | 990 PDF |
| FY2022 Viewing | $10.9M | $18.7M | −$7.8M | $59.2M | 990 PDF |
| FY2021 | $24.7M | $22.6M | $2.1M | $74.1M | 990 PDF |
| FY2020 | $12.0M | $23.3M | −$11.3M | $80.6M | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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