Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
80 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
12 people listed on the 990; $3.0M paid to officers and key staff.
John Stamatoyannopoulos’s $885K as Pres, Scientific Dir., & Treasurer is at the 92nd 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 |
|---|---|---|---|---|---|
| John Stamatoyannopoulos | $885,000 | $885,000 | $879,375 | $750,000 | $714,250 |
| Alister Funnell | $600,000 | $600,000 | $600,000 | — | — |
| Chad Lundberg | $305,982 | $450,000 | $534,375 | $475,000 | $230,617 |
| Allister Funnell | — | — | — | $458,333 | $374,250 |
| Michael Cockrill | $400,000 | $400,000 | $396,667 | — | — |
| Jeffrey Vierstra | $350,000 | $350,000 | $309,375 | — | — |
| Theo Knijnenburg | $325,000 | — | — | — | — |
| Michael Cockril | — | — | — | $320,000 | $289,824 |
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 new technologies to advance biomedical discovery and translate insights into new medicines.
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Altius directly conducts an active and multifaceted program of basic biomedical research in the fields of genetics, genomics, and biotechnology. Most of this research happens in altius laboratories located in seattle, washington. The organization also collaborates with academic research hospitals.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.2M | $2.2M |
| Land, buildings, equipmentLn 10c | $12.0M | $8.8M |
| Total assetsLn 16 | $26.6M | $17.4M |
| LiabilitiesLn 26 | $10.3M | $7.8M |
| Net assetsLn 32 | $16.4M | $9.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $1.0M | $943K | $100K | |
| Other salaries and wagesLn 7 | $12.7M | $11.3M | $1.5M | |
| Pension plan contributionsLn 8 | $1.0M | $904K | $124K | |
| Other employee benefitsLn 9 | $1.0M | $911K | $120K | |
| Payroll taxesLn 10 | $1.0M | $920K | $120K | |
| Legal feesLn 11b | $306K | $306K | ||
| Accounting feesLn 11c | $241K | $241K | ||
| Other fees for servicesLn 11g | $445K | $445K | ||
| Office expensesLn 13 | $500K | $500K | ||
| Information technologyLn 14 | $1.1M | $950K | $123K | |
| OccupancyLn 16 | $3.2M | $2.9M | $371K | |
| TravelLn 17 | $107K | $107K | ||
| Conferences, conventions and meetingsLn 19 | $58K | $58K | ||
| Depreciation, depletion and amortizationLn 22 | $3.9M | $1.8M | $2.2M | |
| InsuranceLn 23 | $115K | $115K | ||
| Other expenses (24a–d)Ln 24 | $5.4M | $5.2M | $223K | |
| All other expensesLn 24e | $6K | $6K | ||
| Total functional expensesLn 25 | $32.3M | $25.7M | $6.6M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $25.5M | $32.3M | −$6.8M | $9.6M | 990 PDF |
| FY2023 | $25.8M | $36.0M | −$10.2M | $16.4M | 990 PDF |
| FY2022 | $55.3M | $54.2M | $1.2M | $26.5M | 990 PDF |
| FY2021 | $44.2M | $33.1M | $11.1M | $23.6M | 990 PDF |
| FY2020 | $25.2M | $22.2M | $3.0M | $12.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $25,521,018 revenue, 12 lines filed
Part VI · Governance 3 of 4 board members independent, no flags
Part VIII · Statement of revenue $25,521,018 across 8 lines filed
Part IX · Statement of functional expenses $32,275,657 across 17 lines filed
Part X · Balance sheet $17,386,206 assets, 16 lines filed
Part XI · Reconciliation of net assets $9,631,305 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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