Ratings & Metrics
Financial Documents
| Entity | Document Type | Tax ID |
|---|---|---|
| The Salk Institute for Biological Studies | IRS Form 990 | 95-2160097 |
| The Salk Institute for Biological Studies | Audited Financial Statements | 95-2160097 |
|
Entity: The Salk Institute for Biological Studies Document Type: IRS Form 990 Tax ID: 95-2160097 |
|
Entity: The Salk Institute for Biological Studies Document Type: Audited Financial Statements Tax ID: 95-2160097 |
Governance & Transparency
Top Salaries
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Fred Gage | President | $855,667 |
| 2 | Elizabeth Blackburn | Past President | $609,601 |
| 3 | Martin Hetzer | CSO | $486,878 |
|
1 Name: Fred Gage Title: President Compensation: $855,667 |
|
2 Name: Elizabeth Blackburn Title: Past President Compensation: $609,601 |
|
3 Name: Martin Hetzer Title: CSO Compensation: $486,878 |
Analysts' Notes
According to The Salk Institute for Biological Studies audit of June 30, 2019 (Note 13, Concentrations of Credit Risk): "The Institute receives funds under various research grants from federal and non-federal agencies. Funding from the National Institutes of Health represents approximately 62.5 percent and 61 percent of total grant revenue for the years ended June 30, 2019 and 2018, respectively." |
According to The Salk Institute for Biological Studies audit of June 30, 2019 (Note 12, Commitments and Contingencies) [$s reported in thousands, as noted]: "Commitments — At June 30, 2019, contractual commitments on purchases pending or in process are $5,448 [thousand]." |
According to The Salk Institute for Biological Studies tax filing for the fiscal year ended June 30, 2019, the Institute reports for Loans to and/or from Interested Persons a "home loan" made by the Institute to three professors in the amounts of $492,500, $200,000, and $300,000. The reported balance due on the loans at June 30, 2019 is $492,500, $120,000, and $270,000, respectively. It is also reported that the board or a committee approved the loans, there are written agreements for the loans, and the loans are not in default (IRS Form 990, Schedule L, Part II). |