Addgene INC FY2021 filing

Tax-deductible

Watertown, MA501(c)(3)Since 2004Medical ResearchEIN 90-0133592Revenue $24.0M in FY2021

On file with the IRSaddgene.org490 Arsenal Way Ste 100, 02472-2988 · Watertown, MATax-exempt since Jun 2005Hospital or medical research org — 170(b)(1)(A)(iii)

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Addgene, INC. Provides research support service dedicated to archiving and distributing plasmids that appear in published articles. By linking plasmids with publications, scientists are always connected to data generated from the materials that they are requesting. The company's goal is to compile a comprehensive library of plasmids to facilitate research and discovery.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$1.8M 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
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
3 of 5
filings with a surplus
Average surplus $1.0M a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.8M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $131K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.6M
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$24.0M
+17% vs prior year
Spent
$20.3M
To programs
75%
Net assets
$19.5M
By yearFY2020–FY2024
Revenue
$24.0M
FY2021▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$20.5M
FY2021$24.0M
FY2022$24.1M
FY2023$26.3M
FY2024$26.4M
Expenses
$20.3M
FY2021▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$18.3M
FY2021$20.3M
FY2022$23.6M
FY2023$26.5M
FY2024$27.6M
Net assets
$19.5M
FY2021▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$15.8M
FY2021$19.5M
FY2022$20.0M
FY2023$19.8M
FY2024$14.8M

From the FY2021 Form 990 · 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 (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2005.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $15.3M Management & general 25% · $5.0M

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

23 people listed on the 990; $1.8M paid to officers and key staff.

Part VII, Section A · reportable compensation
President/Exec Dir. (ended 05/21)
$263,148Pt VII · Sec A
Dir/Chief Scientific Officer
$236,226Pt VII · Sec A
Chief Technology Officer
$205,805Pt VII · Sec A
Chief Operating Officer
$200,345Pt VII · Sec A
Chief Financial Officer
$174,403Pt VII · Sec A
Director, Antibodies
$165,257Pt VII · Sec A
Senior Director of Tech Ops
$163,005Pt VII · Sec A
SR. Site Relibility Engineer
$143,653Pt VII · Sec A

Andrew Baltus’s $482K as EVP/COO (ended 10/24) is at the 58th 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

NameFY2024FY2023FY2022FY2021FY2020
Andrew Baltus$482,283$212,716$191,940$200,345$165,146
Michael Lohnes$310,894$181,208$172,657$174,403$146,358
Chonnettia Jones$308,308$279,862$223,197——
Melina Fan$267,700$231,024$221,027$236,226$183,801
Joanne Niewood———$263,148$183,928
Daniela Bourges-Waldegg$257,423$219,853$209,992$205,805$165,302
Tracy Kiernan$192,861$187,234$172,103——
Eric Perkins$184,504$174,533$154,126$143,009$132,005

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Archives and distributes plasmids from published research to aid scientific discovery.

Questions for Addgene INC

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Provided by the organization

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1 program · $15.3M · in their own filed words · FY2021
01

The storage and distribution of dna-based reagents in support of scientific research.

$15.3Mprogram expense

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 · FY2025
Total grants receivedfrom 1 funder$131K
Grants paid · 5 grants · $395K · 2022–2024
The U C Davis FoundationCA · FY2024$26,598
The U C Davis FoundationCA · FY2023$197,985
Unitemized GrantFY2023$500
The U C Davis FoundationCA · FY2022$164,089
Unitemized GrantFY2022$5,358

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$24.0M
Ln 12
Fees for servicesLn 2g$23.0M
Gifts and grantsLn 1h$933K
Other incomeLn 4–11$29K
Money outPt IX
$20.3M
Ln 25
Programscol B$15.3M
Managementcol C$5.0M
Owns and owesPt X
$19.5M
net assets · Ln 32
Cash and savingsLn 1–2$13.3M
Total assetsLn 16$22.1M
LiabilitiesLn 26$2.6M
PeoplePt VI, VII
23
listed · VII A
PaidVII A10
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$933K
Government grantsLn 1e$718K
Fees for servicesLn 2g$23.0M
Investment incomeLn 3$372
Other incomeLn 4–11$29K
Total revenueLn 12$24.0M
Assets in detailPt X, end of year
CashLn 1$11.7M
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$13.3M
Land, buildings, equipmentLn 10c$1.4M
Total assetsLn 16$22.1M
LiabilitiesLn 26$2.6M
Net assetsLn 32$19.5M
OperationsPt I, VI
EmployeesI 5154
VolunteersI 611
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 FY21End FY21
Cash and savingsLn 1–2$12.5M$13.3M
Land, buildings, equipmentLn 10c$1.6M$1.4M
Total assetsLn 16$18.2M$22.1M
LiabilitiesLn 26$2.4M$2.6M
Net assetsLn 32$15.8M$19.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$21K$21K
Pay of current officers, directors and key staffLn 5$1.1M$756K$324K
Other salaries and wagesLn 7$7.3M$5.1M$2.2M
Pension plan contributionsLn 8$138K$97K$42K
Other employee benefitsLn 9$1.3M$878K$463K
Payroll taxesLn 10$686K$480K$206K
Legal feesLn 11b$36K$4K$33K
Accounting feesLn 11c$37K$37K
Other fees for servicesLn 11g$571K$240K$332K
Advertising and promotionLn 12$113K$108K$6K
Office expensesLn 13$343K$76K$267K
Information technologyLn 14$223K$112K$112K
OccupancyLn 16$2.3M$1.6M$699K
TravelLn 17$6K$4K$2K
Conferences, conventions and meetingsLn 19$1K$543$543
Depreciation, depletion and amortizationLn 22$447K$335K$112K
InsuranceLn 23$53K$53K
Other expenses (24a–d)Ln 24$5.5M$5.4M$95K
All other expensesLn 24e$74K$41K$33K
Total functional expensesLn 25$20.3M$15.3M$5.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $26.4M$27.6M−$1.2M$14.8M 990 PDF
FY2023 $26.3M$26.5M−$233K$19.8M 990 PDF
FY2022 $24.1M$23.6M$506K$20.0M 990 PDF
FY2021 Viewing $24.0M$20.3M$3.7M$19.5M 990 PDF
FY2020 $20.5M$18.3M$2.3M$15.8M 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 FY2021 990 (6 parts)
Part I · Summary $23,985,910 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,250,659$932,933
I-9 Program service revenuePrior year $19,289,082$23,023,653
I-10 Investment incomePrior year −$3,503$372
I-11 Other revenuePrior year $0$28,952
I-12 Total revenuePrior year $20,536,238$23,985,910
I-13 Grants and similar amounts paidPrior year $4,575$21,194
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $9,424,205$10,515,020
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,830,203$9,721,848
I-18 Total expensesPrior year $18,258,983$20,258,062
I-19 Revenue less expensesPrior year $2,277,255$3,727,848
Part VI · Governance 12 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
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 $23,985,910 across 7 lines filed
VIII-1e Government grants$717,933
VIII-1f All other contributions, gifts and grants$215,000
VIII-1h Total contributions, gifts and grants$932,933
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $23,023,653$23,023,653
VIII-3 Investment incomeExcluded from tax $372$372
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $28,952$28,952
VIII-12 Total revenueRelated to mission $23,052,605 · Unrelated business $0 · Excluded from tax $372$23,985,910
Part IX · Statement of functional expenses $20,258,062 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $21,194$21,194
IX-5 Pay of current officers, directors and key staffPrograms $755,949 · Management $323,978$1,079,927
IX-7 Other salaries and wagesPrograms $5,088,620 · Management $2,180,837$7,269,457
IX-8 Pension plan contributionsPrograms $96,853 · Management $41,509$138,362
IX-9 Other employee benefitsPrograms $878,487 · Management $462,617$1,341,104
IX-10 Payroll taxesPrograms $480,319 · Management $205,851$686,170
IX-11b Legal feesPrograms $3,614 · Management $32,528$36,142
IX-11c Accounting feesManagement $37,050$37,050
IX-11g Other fees for servicesPrograms $239,525 · Management $331,539$571,064
IX-12 Advertising and promotionPrograms $107,560 · Management $5,661$113,221
IX-13 Office expensesPrograms $76,039 · Management $267,297$343,336
IX-14 Information technologyPrograms $111,732 · Management $111,732$223,464
IX-16 OccupancyPrograms $1,616,464 · Management $699,203$2,315,667
IX-17 TravelPrograms $4,470 · Management $1,742$6,212
IX-19 Conferences, conventions and meetingsPrograms $543 · Management $543$1,086
IX-22 Depreciation, depletion and amortizationPrograms $335,016 · Management $111,672$446,688
IX-23 InsuranceManagement $53,193$53,193
IX-24 Other expenses (24a–d)Programs $5,406,143 · Management $94,604$5,500,747
IX-24e All other expensesPrograms $41,105 · Management $32,873$73,978
IX-25 Total functional expensesPrograms $15,263,633 · Management $4,994,429 · Fundraising $0$20,258,062
Part X · Balance sheet $22,116,271 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $11,357,228$11,744,108
X-2 Savings and temporary cash investmentsStart of year $1,157,980$1,567,251
X-3 Pledges and grants receivable$717,933
X-4 Accounts receivableStart of year $1,220,170$1,389,724
X-8 Inventories for sale or useStart of year $2,635,523$5,030,842
X-9 Prepaid expenses and deferred chargesStart of year $219,902$244,610
X-10c Land, buildings and equipment, netStart of year $1,570,636$1,421,803
X-16 Total assetsStart of year $18,161,439$22,116,271
X-17 Accounts payable and accrued expensesStart of year $1,686,068$1,782,002
X-25 Other liabilitiesStart of year $681,535$819,468
X-26 Total liabilitiesStart of year $2,367,603$2,601,470
X-27 Net assets without donor restrictionsStart of year $15,601,627$19,324,801
X-28 Net assets with donor restrictionsStart of year $192,209$190,000
X-32 Total net assets or fund balancesStart of year $15,793,836$19,514,801
X-33 Total liabilities and net assetsStart of year $18,161,439$22,116,271
Part XI · Reconciliation of net assets $19,514,801 net assets at year end
XI-1 Total revenue$23,985,910
XI-2 Total expenses$20,258,062
XI-3 Revenue less expenses$3,727,848
XI-4 Net assets at start of year$15,793,836
XI-9 Other changes in net assets−$6,883
XI-10 Net assets at end of year$19,514,801

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

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