Krell Institute INC FY2021 filing

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To support the advancement of the discipline of computational science by administering the computational science graduate fellowship and the stewardship science graduate fellowship for the u.s. Department of energy; to provide communication support to the department of energy; and to manage smaller projects related to computational science as needed.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$690K 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $14K a year · under 1% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$690K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.3M
61% of total assets
Fine: liabilities are 61% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 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
$12.4M
Spent
$12.4M
To programs
90%
Net assets
$799K
By yearFY2021–FY2025
Revenue
$12.4M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$12.4M
FY2022$14.3M
FY2023$16.8M
FY2024$18.9M
FY2025$20.0M
Expenses
$12.4M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$12.4M
FY2022$14.3M
FY2023$16.8M
FY2024$18.9M
FY2025$19.9M
Net assets
$799K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$799K
FY2022$800K
FY2023$813K
FY2024$841K
FY2025$863K

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1997.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $11.1M Management & general 10% · $1.2M

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

7 people listed on the 990; $690K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$232,932Pt VII · Sec A
Director of Finance & Admi
$163,098Pt VII · Sec A
Technology Manager
$159,233Pt VII · Sec A
Media Services Director
$134,469Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chairman
$0Pt VII · Sec A

Shelly Olsan’s $323K as President is at the 69th percentile of top reported officer pay among 3683 $10–100M education 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

NameFY2025FY2024FY2023FY2022FY2021
Shelly Olsan$323,220$292,709$254,274$239,499$232,932
Beth Brosnahan$200,971$195,747$176,640$168,189$163,098
Nazanin Imani$194,132$189,097$167,729$162,690$159,233
Bill Cannon$159,016————
William Cannon—$152,853$145,478$139,822$134,469
Rob Pearson$126,506————
Mat Wymore$123,949————
Robert Pearson—$121,616$102,223——

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 Krell Institute INC executive salaries →

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

Administers fellowships and provides communication support for computational science.

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3 programs · $11.1M · in their own filed words · FY2020
01

The department of energy computational science graduate fellowship program selects highly qualified students and supports their research and academic study for up to four years of their PHD graduate work in a computational science and engineering discipline area that is important to the united states department ofenergy's office of…

$8.4Mprogram expense
02

The stewardship science graduate fellowship (SSGF) program selects highly qualified students in stewardship science disciplines that are important to the united states department of energy's national nuclear security administration.

$2.6Mprogram expense
03

Oascr communications project (ocp) is supported by the office of advanced scientific computing research (oascr) to develop and provide accessible, concise, and scientifically accurate presentations of the research supported by the department of energy (doe) oascr at doe laboratories, at universities, and in industry.

$96Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 17 grants · $365K · 2021–2023
Iowa State UniversityIA · FY2023$27,260
Arizona State UniversityFY2023$25,815
Wayne State UniversityMI · FY2022$38,500
Arizona State UniversityFY2022$12,715
Iowa State UniversityIA · FY2022$9,087
Million ConceptsFY2021$24,891
Farallon InstituteCA · FY2021$24,442
Slippery Rock University of PennsylvaniaFY2021$14,598

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Sep 2025 · $19.9M federal money spent
Office of Science Financial Assistance ProgramDepartment of Energy · ALN 81.049 · Direct$15.6M
Stewardship Science Grant ProgramDepartment of Energy · ALN 81.112 · Direct$4.2M

The auditor reported no findings.

Year ending Sep 2023 · $16.6M federal money spent
Office of Science Financial Assistance ProgramDepartment of Energy · ALN 81.049 · Direct$12.8M
Stewardship Science Grant ProgramDepartment of Energy · ALN 81.112 · Direct$3.6M
Computer and Information Science and EngineeringNational Science Foundation · ALN 47.070 · Direct$161K

The auditor reported no findings.

Year ending Sep 2022 · $14.1M federal money spent
Office of Science Financial Assistance ProgramDepartment of Energy · ALN 81.049 · Direct$10.6M
Stewardship Science Grant ProgramDepartment of Energy · ALN 81.112 · Direct$3.5M
Computer and Information Science and EngineeringNational Science Foundation · ALN 47.070 · Direct$46K

The auditor reported no findings.

Year ending Sep 2021 · $12.2M federal money spent
Office of Science Financial Assistance ProgramDepartment of Energy · ALN 81.049 · Direct$9.3M
Stewardship Science Grant ProgramDepartment of Energy · ALN 81.112 · Direct$2.9M

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$12.4M
Ln 12
Gifts and grantsLn 1h$12.2M
Fees for servicesLn 2g$173K
Investment incomeLn 3$22
Money outPt IX
$12.4M
Ln 25
Programscol B$11.1M
Managementcol C$1.2M
Owns and owesPt X
$799K
net assets · Ln 32
Cash and savingsLn 1–2$939K
Total assetsLn 16$2.1M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
7
listed · VII A
PaidVII A4
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.2M
Government grantsLn 1e$12.2M
Fees for servicesLn 2g$173K
Investment incomeLn 3$22
Total revenueLn 12$12.4M
Assets in detailPt X, end of year
CashLn 1$698K
SavingsLn 2$241K
Cash and savings togetherLn 1–2$939K
Accounts receivableLn 4$1.1M
Prepaid expenses and deferred chargesLn 9$23K
Total assetsLn 16$2.1M
LiabilitiesLn 26$1.3M
Net assetsLn 32$799K
OperationsPt I, VI
EmployeesI 523
VolunteersI 687
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY21FY20
End of yearLn 1g$90K$92K
Given inLn 1b$0$250
SpentLn 1d–1f$2K$3K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$770K$939K
InvestmentsLn 11–13$269K$0
Total assetsLn 16$3.0M$2.1M
LiabilitiesLn 26$2.2M$1.3M
Net assetsLn 32$792K$799K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$706K$174K$532K
Other salaries and wagesLn 7$953K$547K$406K
Pension plan contributionsLn 8$103K$60K$43K
Other employee benefitsLn 9$125K$46K$79K
Payroll taxesLn 10$106K$50K$56K
Legal feesLn 11b$804$804
Accounting feesLn 11c$23K$23K
Other fees for servicesLn 11g$53K$51K$3K
Office expensesLn 13$113K$84K$29K
Information technologyLn 14$109K$420$108K
OccupancyLn 16$138K$138K
TravelLn 17$15K$15K
Conferences, conventions and meetingsLn 19$11K$11K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$9.8M$9.8M
All other expensesLn 24e$51K$264K−$212K
Total functional expensesLn 25$12.4M$11.1M$1.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jan 14, 2026 $20.0M$19.9M$22K$863K 990 PDF
FY2024Filed with the IRS Dec 19, 2024 $18.9M$18.9M$28K$841K 990 PDF
FY2023Filed with the IRS Dec 21, 2023 $16.8M$16.8M$13K$813K 990 PDF
FY2022Filed with the IRS Jan 12, 2023 $14.3M$14.3M$2K$800K 990 PDF
FY2021 ViewingFiled with the IRS Jan 10, 2022 $12.4M$12.4M$7K$799K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $12,364,175 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,256,771$12,191,449
I-9 Program service revenuePrior year $143,560$172,704
I-10 Investment incomePrior year $838$22
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $11,401,169$12,364,175
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,948,459$1,993,636
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,444,697$10,363,735
I-18 Total expensesPrior year $11,393,156$12,357,371
I-19 Revenue less expensesPrior year $8,013$6,804
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $12,364,175 across 5 lines filed
VIII-1e Government grants$12,191,449
VIII-1h Total contributions, gifts and grants$12,191,449
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $172,704$172,704
VIII-3 Investment incomeExcluded from tax $22$22
VIII-12 Total revenueRelated to mission $172,704 · Unrelated business $0 · Excluded from tax $22$12,364,175
Part IX · Statement of functional expenses $12,357,371 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $173,539 · Management $532,485$706,024
IX-7 Other salaries and wagesPrograms $546,598 · Management $406,464$953,062
IX-8 Pension plan contributionsPrograms $60,136 · Management $43,104$103,240
IX-9 Other employee benefitsPrograms $45,976 · Management $79,353$125,329
IX-10 Payroll taxesPrograms $50,170 · Management $55,811$105,981
IX-11b Legal feesManagement $804$804
IX-11c Accounting feesManagement $22,947$22,947
IX-11g Other fees for servicesPrograms $50,571 · Management $2,700$53,271
IX-13 Office expensesPrograms $84,270 · Management $28,665$112,935
IX-14 Information technologyPrograms $420 · Management $108,429$108,849
IX-16 OccupancyManagement $138,112$138,112
IX-17 TravelPrograms $15,173$15,173
IX-19 Conferences, conventions and meetingsPrograms $10,929$10,929
IX-23 InsuranceManagement $6,377$6,377
IX-24 Other expenses (24a–d)Programs $9,843,133$9,843,133
IX-24e All other expensesPrograms $263,618 · Management −$212,413$51,205
IX-25 Total functional expensesPrograms $11,144,533 · Management $1,212,838 · Fundraising $0$12,357,371
Part X · Balance sheet $2,050,031 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $653,401$698,475
X-2 Savings and temporary cash investmentsStart of year $116,374$240,953
X-4 Accounts receivableStart of year $1,887,978$1,087,940
X-9 Prepaid expenses and deferred chargesStart of year $29,132$22,663
X-12 Other securitiesStart of year $268,886$0
X-16 Total assetsStart of year $2,955,771$2,050,031
X-17 Accounts payable and accrued expensesStart of year $1,895,136$1,251,478
X-25 Other liabilitiesStart of year $268,886$0
X-26 Total liabilitiesStart of year $2,164,022$1,251,478
X-27 Net assets without donor restrictionsStart of year $699,598$708,392
X-28 Net assets with donor restrictionsStart of year $92,151$90,161
X-32 Total net assets or fund balancesStart of year $791,749$798,553
X-33 Total liabilities and net assetsStart of year $2,955,771$2,050,031
Part XI · Reconciliation of net assets $798,553 net assets at year end
XI-1 Total revenue$12,364,175
XI-2 Total expenses$12,357,371
XI-3 Revenue less expenses$6,804
XI-4 Net assets at start of year$791,749
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$798,553

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

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