Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1982.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
118 people listed on the 990; $9.1M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| James Greenwood | — | — | — | — | $7,568,068 |
| John F Crowley | $2,747,033 | — | — | — | — |
| Michelle Mcmurry-Heath | $264,130 | $1,848,121 | $2,345,095 | $2,050,133 | $1,198,049 |
| Rachel K King | $1,658,415 | $1,267,480 | — | — | — |
| Thomas Dilenge | — | — | — | $1,355,976 | — |
| Elizabeth Cartier Esham | $1,012,398 | — | — | — | — |
| Stephen Jasko | $808,510 | $746,044 | $658,466 | $506,022 | $203,253 |
| Tom Dilenge | — | — | — | — | $797,500 |
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
Advocates for the biotechnology industry by hosting global networking conventions, promoting research investment, and championing intellectual property protections to advance scientific innovation.
Questions for Biotechnology Innovation Organization
Your first name shows with your question. Biotechnology Innovation Organization answers here, for everyone.
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Advocacy
Biotechnology innovation organization (bio)'s advocacy efforts reflect the priorities identified by the bio board of directors and the three section governing BOARDS.THE board of directors focuses on issues of importance to all bio members, regardless of their size or technology.
Services
Bio's services include conferences and activities that bring advocacy accomplishments listed below:- safeguarded and advanced intellectual property protections, domestically and INTERNATIONALLY.- fostered a dialogue about proactively advancing the socially responsible use of BIOTECHNOLOGY.- promoted investment in government and academic…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $35.8M | |
| InvestmentsLn 11–13 | $80.7M | $85.8M |
| Land, buildings, equipmentLn 10c | $12.9M | $15.9M |
| Total assetsLn 16 | $156.6M | $170.1M |
| LiabilitiesLn 26 | $79.3M | $76.9M |
| Net assetsLn 32 | $77.4M | $93.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2.3M | |||
| Grants and assistance to foreign recipientsLn 3 | $56K | |||
| Pay of current officers, directors and key staffLn 5 | $5.7M | |||
| Pay of disqualified personsLn 6 | $264K | |||
| Other salaries and wagesLn 7 | $29.0M | |||
| Pension plan contributionsLn 8 | $1.6M | |||
| Other employee benefitsLn 9 | $3.4M | |||
| Payroll taxesLn 10 | $2.0M | |||
| Legal feesLn 11b | $1.2M | |||
| Accounting feesLn 11c | $98K | |||
| Lobbying feesLn 11d | $4.9M | |||
| Investment management feesLn 11f | $251K | |||
| Other fees for servicesLn 11g | $11.8M | |||
| Advertising and promotionLn 12 | $1.0M | |||
| Office expensesLn 13 | $1.2M | |||
| Information technologyLn 14 | $2.7M | |||
| OccupancyLn 16 | $4.1M | |||
| TravelLn 17 | $1.7M | |||
| Conferences, conventions and meetingsLn 19 | $14.7M | |||
| Payments to affiliatesLn 21 | $6.3M | |||
| Depreciation, depletion and amortizationLn 22 | $915K | |||
| InsuranceLn 23 | $442K | |||
| Other expenses (24a–d)Ln 24 | $4.3M | |||
| All other expensesLn 24e | $186K | |||
| Total functional expensesLn 25 | $100.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $117.7M | $100.0M | $17.7M | $93.2M | 990 PDF |
| FY2023 | $113.8M | $91.6M | $22.1M | $77.4M | 990 PDF |
| FY2022 | $103.2M | $86.3M | $16.8M | $50.8M | 990 PDF |
| FY2021 | $80.9M | $80.1M | $853K | $44.3M | 990 PDF |
| FY2020 | $77.3M | $81.8M | −$4.6M | $43.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $117,748,708 revenue, 12 lines filed
Part VI · Governance 85 of 86 board members independent, no flags
Part VIII · Statement of revenue $117,748,708 across 5 lines filed
Part IX · Statement of functional expenses $100,010,786 across 24 lines filed
Part X · Balance sheet $170,089,094 assets, 14 lines filed
Part XI · Reconciliation of net assets $93,170,801 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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