Sage Bionetworks
Connects researchers, patients, and citizens to advance biomedical discovery through shared data and resources. For fiscal year 2024 it reported $24.5M in revenue, $24.7M in expenses, and $3.4M in net assets.Pt I
- Founded
- 2009
- Type
- Public charity (501(c)(3)) · Science & Technology
- Location
- Seattle, WA
- Website
- www.sagebionetworks.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Luca Foschini’s $365K as President & CEO is at the 44th percentile of top reported officer pay among 140 $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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| 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.
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Where the work happens
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…
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 92% | — | — |
| Overhead ratio | 8% | — | — |
| Fundraising cost ratio | 0.6% | — | — |
| Revenue growth | -7% | — | — |
| Legal fee ratio | 0.9% | — | — |
| Accounting fee ratio | 1% | — | — |
| Fundraising fee ratio | <0.01% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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