Sage Bionetworks

Tax-deductible

Seattle, WA501(c)(3)Since 2009Science & TechnologyEIN 26-4489946

Sage Bionetworks is a strategic research organization with a mission to coordinate and link academic and commercial biomedical researchers, patients and citizens through a Commons that represents a new paradigm for genomics intellectual property, researcher cooperation and contributor evolved resources. This mission has several interdependent themes, including: conducting research on network models of disease; building the computational platform for the Commons; and activating public engagement.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 8 volunteers and 138 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
1 of 5
filings with a surplus
Average surplus $34K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.2M
to officers and key staff · 9% of spending
Top officer’s pay lower than 54% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $4.7M
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4.8M
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$24.5M
-7% vs prior year
Spent
$24.7M
To programs
92%
Net assets
$3.4M
By yearFY2020–FY2024
Revenue
$24.5M
FY2024▼ -7%
Revenue by fiscal year
FY2020$19.3M
FY2021$26.4M
FY2022$23.9M
FY2023$26.3M
FY2024$24.5M
Expenses
$24.7M
FY2024▼ -6%
Expenses by fiscal year
FY2020$19.7M
FY2021$25.2M
FY2022$24.2M
FY2023$26.4M
FY2024$24.7M
Net assets
$3.4M
FY2024▼ -4%
Net assets by fiscal year
FY2020$2.8M
FY2021$4.0M
FY2022$3.7M
FY2023$3.6M
FY2024$3.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2010.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $22.6M Management & general 8% · $2.0M Fundraising 0% · $113K

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

Who runs it and what they're paid

17 people listed on the 990; $2.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$365,453Pt VII · Sec A
COO, CFO and Secretary
$315,997Pt VII · Sec A
Chief Scientific & Data Officer
$218,071Pt VII · Sec A
Technical Director IT
$196,217Pt VII · Sec A
Chief Privacy & Compliance Officer
$193,002Pt VII · Sec A
Technical Director Web Engineering
$189,428Pt VII · Sec A
Director Digital Health
$184,983Pt VII · Sec A
Associate Technical Director
$181,458Pt VII · Sec A

Luca Foschini’s $365K as President & CEO is at the 46th percentile of top reported officer pay among 139 $10–100M science & technology 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
Luca Foschini—$419,183———
Luca Foschini$365,453————
Kimberly Baggett$315,997————
Kim Baggett—$286,765$219,103——
Lara Mangravite——$128,450$278,073$269,532
Mike Kellen—$246,427$277,785$229,674$223,307
Brian O'Connor—$263,068$272,938——
John Wilbanks———$18,506$245,413

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 Sage Bionetworks executive salaries →

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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

Connects researchers, patients, and citizens to advance biomedical discovery through shared data and resources.

Provided by the organization

This section is blank until Sage Bionetworks claims this page.

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2 program services account for $22.6M of program spending, described in the organization's own filed words · FY2024.
01

Data Coordination & Sharing

In 2024 sage bionetworks expanded access to biomedical data, increasing average monthly synapse users by 20% and had over 33,000 unique users downloading data (+32%). Key highlights included the launch of the aacr project genie portal, which centralizes cancer datasets from 19 centers and nearly 200,000 sequenced samples across 111…

$16.4Mprogram expense
02

Tools & Methods

Sage advanced its tooling to make data more usable and interoperable. Integration of cavatica into the alzheimer's disease knowledge portal enabled direct export to a cloud-based analysis environment. Synapse introduced synapsechat, an ai-assisted conversational search tool and new hosting options through aws open data.

$6.2Mprogram expense

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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 · FY2024
See all 12 funders →
Grants paid · 69 grants · $9.6M · 2020–2024
Seven Bridges Genomics INC (velsera)FY2024$412,225
Pennsylvania State UniversityFY2024$251,814
Institute for Systems BiologyWA · FY2024$204,222
Emory UniversityGA · FY2024$125,000
Institute for Systems BiologyWA · FY2024$114,897
Duke UniversityNC · FY2024$103,680
Yale UniversityCT · FY2024$70,420
University of WashingtonFY2024$36,580
University of Colorado DenverFY2024$13,649
The Broad Institute INCMA · FY2024$6,757
Institute for Systems BiologyWA · FY2023$379,595
See all 69 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$24.5M
Ln 12
Gifts and grantsLn 1h$18.6M
Fees for servicesLn 2g$5.9M
Other incomeLn 4–11$32K
Money outPt IX
$24.7M
Ln 25
Programscol B$22.6M
Managementcol C$2.0M
Fundraisingcol D$113K
Owns and owesPt X
$3.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$8.2M
LiabilitiesLn 26$4.8M
PeoplePt VI, VII
17
listed · VII A
PaidVII A10
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$18.6M
Government grantsLn 1e$9.7M
Fees for servicesLn 2g$5.9M
Investment incomeLn 3$2
Other incomeLn 4–11$32K
Gains on assetsLn 7−$60K
Total revenueLn 12$24.5M
Assets in detailPt X, end of year
CashLn 1$993K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$1.0M
Land, buildings, equipmentLn 10c$20K
Other assetsLn 15$2.5M
Total assetsLn 16$8.2M
LiabilitiesLn 26$4.8M
Net assetsLn 32$3.4M
OperationsPt I, VI
EmployeesI 5138
VolunteersI 68
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 FY24End FY24
Cash and savingsLn 1–2$2.0M$1.0M
Land, buildings, equipmentLn 10c$36K$20K
Total assetsLn 16$10.8M$8.2M
LiabilitiesLn 26$7.2M$4.8M
Net assetsLn 32$3.6M$3.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.1M$2.1M
Pay of current officers, directors and key staffLn 5$1.4M$885K$517K$38K
Other salaries and wagesLn 7$13.0M$12.0M$1.0M$54K
Pension plan contributionsLn 8$792K$729K$59K$4K
Other employee benefitsLn 9$1.9M$1.8M$73K$1K
Payroll taxesLn 10$1.1M$960K$108K$6K
Legal feesLn 11b$213K$191K$21K$756
Accounting feesLn 11c$324K$292K$32K
Lobbying feesLn 11d$2K$2K
Professional fundraising feesLn 11e$948$948
Other fees for servicesLn 11g$529K$513K$16K$604
Office expensesLn 13$200K$185K$14K$572
Information technologyLn 14$1.8M$1.8M$13K$289
OccupancyLn 16$786K$703K$78K$5K
TravelLn 17$358K$339K$18K$1K
Conferences, conventions and meetingsLn 19$105K$100K$5K$271
InterestLn 20$1K$1K$122$7
Depreciation, depletion and amortizationLn 22$16K$14K$2K$92
InsuranceLn 23$70K$62K$7K$408
Total functional expensesLn 25$24.7M$22.6M$2.0M$113K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $24.5M$24.7M−$156K$3.4M 990 PDF
FY2023 $26.3M$26.4M−$78K$3.6M 990 PDF
FY2022 $23.9M$24.2M−$310K$3.7M 990 PDF
FY2021 $26.4M$25.2M$1.2M$4.0M 990 PDF
FY2020 $19.3M$19.7M−$473K$2.8M 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
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $24,549,384 across 8 lines filed
VIII-1e Government grants$9,724,004
VIII-1f All other contributions, gifts and grants$8,913,652
VIII-1h Total contributions, gifts and grants$18,637,656
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,879,606$5,879,606
VIII-3 Investment incomeExcluded from tax $2$2
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$60,000−$60,000
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $92,120$92,120
VIII-12 Total revenueRelated to mission $5,879,606 · Unrelated business $0 · Excluded from tax $32,122$24,549,384
Part IX · Statement of functional expenses $24,705,667 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $2,079,513$2,079,513
IX-5 Pay of current officers, directors and key staffPrograms $884,894 · Management $517,073 · Fundraising $38,157$1,440,124
IX-7 Other salaries and wagesPrograms $11,964,974 · Management $1,006,956 · Fundraising $54,124$13,026,054
IX-8 Pension plan contributionsPrograms $729,317 · Management $59,459 · Fundraising $3,700$792,476
IX-9 Other employee benefitsPrograms $1,801,374 · Management $73,048 · Fundraising $1,035$1,875,457
IX-10 Payroll taxesPrograms $959,529 · Management $108,192 · Fundraising $6,377$1,074,098
IX-11b Legal feesPrograms $190,724 · Management $21,101 · Fundraising $756$212,581
IX-11c Accounting feesPrograms $291,887 · Management $32,165$324,052
IX-11d Lobbying feesPrograms $1,575$1,575
IX-11e Professional fundraising feesFundraising $948$948
IX-11g Other fees for servicesPrograms $512,554 · Management $15,966 · Fundraising $604$529,124
IX-13 Office expensesPrograms $185,225 · Management $14,407 · Fundraising $572$200,204
IX-14 Information technologyPrograms $1,800,624 · Management $12,909 · Fundraising $289$1,813,822
IX-16 OccupancyPrograms $703,410 · Management $78,021 · Fundraising $4,599$786,030
IX-17 TravelPrograms $339,451 · Management $17,786 · Fundraising $1,048$358,285
IX-19 Conferences, conventions and meetingsPrograms $99,702 · Management $4,591 · Fundraising $271$104,564
IX-20 InterestPrograms $1,096 · Management $122 · Fundraising $7$1,225
IX-22 Depreciation, depletion and amortizationPrograms $14,124 · Management $1,567 · Fundraising $92$15,783
IX-23 InsurancePrograms $62,420 · Management $6,924 · Fundraising $408$69,752
IX-25 Total functional expensesPrograms $22,622,393 · Management $1,970,287 · Fundraising $112,987$24,705,667
Part X · Balance sheet $8,199,571 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,982,938$993,225
X-2 Savings and temporary cash investments$10,205
X-4 Accounts receivableStart of year $4,114,951$4,344,763
X-9 Prepaid expenses and deferred chargesStart of year $298,535$328,411
X-10c Land, buildings and equipment, netStart of year $35,532$19,749
X-15 Other assetsStart of year $4,368,333$2,503,218
X-16 Total assetsStart of year $10,800,289$8,199,571
X-17 Accounts payable and accrued expensesStart of year $1,068,644$772,137
X-19 Deferred revenueStart of year $1,488,265$1,288,718
X-25 Other liabilitiesStart of year $4,656,535$2,708,154
X-26 Total liabilitiesStart of year $7,213,444$4,769,009
X-27 Net assets without donor restrictionsStart of year $3,584,900$3,430,562
X-28 Net assets with donor restrictionsStart of year $1,945$0
X-32 Total net assets or fund balancesStart of year $3,586,845$3,430,562
X-33 Total liabilities and net assetsStart of year $10,800,289$8,199,571
Part XI · Reconciliation of net assets $3,430,562 net assets at year end
XI-1 Total revenue$24,549,384
XI-2 Total expenses$24,705,667
XI-3 Revenue less expenses−$156,283
XI-4 Net assets at start of year$3,586,845
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,430,562

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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