| Entity | Document Type | Tax ID |
|---|---|---|
| Salk Institute for Biological Studies | Audited Financial Statements | 95-2160097 |
| Salk Institute for Biological Studies | IRS Form 990 | 95-2160097 |
|
Entity: Salk Institute for Biological Studies Document Type: Audited Financial Statements Tax ID: 95-2160097 |
|
Entity: Salk Institute for Biological Studies Document Type: IRS Form 990 Tax ID: 95-2160097 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Fred Gage | President | $895,384 |
| 2 | Kim E. Witmer | Senior VP, Finance & Administration | $506,117 |
| 3 | Martin Hetzer | Chief Science Officer | $503,340 |
|
1 Name: Fred Gage Title: President Compensation: $895,384 |
|
2 Name: Kim E. Witmer Title: Senior VP, Finance & Administration Compensation: $506,117 |
|
3 Name: Martin Hetzer Title: Chief Science Officer Compensation: $503,340 |
According to The Salk Institute for Biological Studies audit of June 30, 2022 (Note 13, Concentrations of Credit Risk): "The Institute receives funds under various research grants from federal and non-federal agencies. Funding from the National Institutes of Health represents approximately 67.9 percent and 60.9 percent of total grant revenue for the years ended June 30, 2022 and 2021, respectively." |
According to The Salk Institute for Biological Studies audit of June 30, 2022 (Note 12, Commitments and Contingencies) [$s reported in thousands, as noted]: "Commitments — At June 30, 2022, contractual commitments on purchases pending or in process are $14,173 [thousand]." |
According to The Salk Institute for Biological Studies tax filing for the fiscal year ended June 30, 2022, the Institute reports for Loans to and/or from Interested Persons a "home loan" made by the Institute to four professors in the amounts of $400,000, $700,000, $300,000, and $300,000. The reported balance due on the loans at June 30, 2022 is $400,000, $400,629, $180,000, and $180,000, 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). |
