Arc Research Institute
77% goes to programs $0 to raise $100 Strong reserves Growing revenue
Arc Research Institute is a 501(c)(3) organization based in Palo Alto, California, registered in 2022, with $122,280,682 in FY2024 revenue. CharityIndex grades it A, and it directs about 77% of spending to programs.
3181 Porter Dr, Palo Alto, CA, 94304 EIN 87-1920284 Since 2022
Revenue (FY2024)
$122.3M
▲ 128.1% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$82.8M
Net assets
$100.7M
Employees
155
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating77% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Arc Research Institute: 77% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +32% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Arc Research Institute: 15 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Arc Research Institute: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Arc Research Institute: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Our mission is to accelerate scientific progress and understand the root causes of complex diseases. this challenge requires researchers across many disciplines to study fundamental biological mechanisms, develop new technologies, and innovate on therapeutic concepts. by doing this, we aim to improve human health by narrowing the gap between discoveries and impact on patients.
Contact & location
- Address
- 3181 Porter Dr, Palo Alto, CA, 94304
- City
- Palo Alto
- State
- California
- Category
- Medical Research
- Subcategory
- Medical Specialty Research
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $15.4M (FY2021) to $122.3M (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $83.7MNet assets $100.7M
Operating margin
32.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$184.4M
Total liabilities
$83.7M
Net assets
$100.7M
Salaries & benefits
$24.2M
29% of expenses
Board members
3
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $122,280,682▲128% | $82,781,856▲28.9% | $100,720,320▲62.8% | $184,388,461▲18.4% | 990 |
| 2023 | $53,611,444▼44.5% | $64,203,698▲95.8% | $61,884,016▼14.6% | $155,698,196▲3.7% | 990 |
| 2022 | $96,576,028▲525% | $32,795,122▲403% | $72,476,270▲734% | $150,115,619▲73.1% | 990 |
| 2021 | $15,446,292 | $6,520,686 | $8,695,364 | $86,734,431 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Alden J Woodrow — $1,141,800 (1.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alden J Woodrow | Chief Operating Officer | 40 | $1,141,800 |
| Patrick D Hsu Phd | Core Investigator/ Co-founder | 40 | $489,195 |
| Julia M Kazaks | General Counsel/ Secretary | 40 | $478,739 |
| Yusuf H Roohani Phd | Group Lead, Machine Learning | 40 | $407,429 |
| Nianzhen Li Phd | Senior Director, Multi-omics Technology Development | 40 | $391,440 |
| Therese A Costello | Head of People | 40 | $352,151 |
| Lynn M Hendrickson | University Relations & Academic Affairs/ Compliance Officer | 40 | $344,044 |
| Lingyin Li Phd | Core Investigator | 40 | $333,725 |
| Nicolle D Seuss | Senior Operations Program Manager | 40 | $290,334 |
| Hani Goodarzi Phd | Core Investigator | 40 | $273,663 |
| Luke A Gilbert Phd | Core Investigator | 40 | $262,408 |
| Silvana M Konermann Phd | Executive Director/ President | 40 | $245,574 |
| Susan T Cull | Senior Finance Manager | 40 | $189,233 |
| Michael K Teng | Head of Finance/ Treasurer (as of 7/01/2024) | 40 | $151,006 |
| Rose E Harris | Finance (until 7/15/24) | 40 | $127,201 |
| Dave Burke | Chief Technology Officer (as of 10/31/2024) | 40 | $65,712 |
| Daniel P Dever Phd | Head of Scientific Operations (until 1/26/24) | 40 | $62,998 |
| Nathaniel Friedman | Director | 1 | $36,000 |
| Reid Hoffman | Director | 1 | $36,000 |
| Susan Li | Director | 1 | $36,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Pulse One | Consulting | $1,314,517 |
| Wilmerhale | Legal Services | $371,768 |
| Milltown Partners LP | Marketing | $329,890 |
| Arnold & Porter Kaye Scholer LLP | Legal Services | $267,843 |
| Innovive LLC | Consulting | $218,577 |
Grants received · $189.3M total
13 grants to Arc Research Institute totaling $189.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Dechomai Foundation Inc | Unrestricted | 2024 | $70,094,690 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $200,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $12,000,000 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $7,000,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $2,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,901,000 |
| Dechomai Foundation Inc | Unrestricted | 2022 | $65,000,040 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $12,000,000 |
| National Philanthropic Tr | Health | 2022 | $2,000,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $100,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $10,000,000 |
| New Venture Fund | Health | 2021 | $4,955,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $2,000,000 |
Grants made · $11.3M in FY2024
7 grants totaling $11.3M in FY2024. All grants made by Arc Research Institute →
| Recipient | Purpose | Amount |
|---|---|---|
| University of San Francisco | Goldberg-benioff endowed professorship in prostate cancer translational biology | $4,000,000 |
| The Board of Trustees of the Leland Stanford Junior University | University fellowships | $3,794,924 |
| The Board of Trustees of the Leland Stanford Junior University | Innovation investigator | $1,330,409 |
| University of California San Francisco | Innovation investigator | $1,265,000 |
| Regents of the University of California At Berkeley | Innovation investigator | $605,000 |
| Regents of the University of California At Berkeley | Funds to cover the cost of a ucb instructor not teaching classes | $157,500 |
| University of California San Francisco | Ignite awards | $110,000 |
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Frequently asked questions
- Is Arc Research Institute a legitimate nonprofit?
- Yes. Arc Research Institute is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-1920284, based in Palo Alto, California. Donations are tax-deductible.
- What is Arc Research Institute's EIN?
- Arc Research Institute's Employer Identification Number (EIN) is 87-1920284.
- How much revenue does Arc Research Institute report?
- Arc Research Institute reported $122,280,682 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Arc Research Institute's spending goes to programs?
- Arc Research Institute spends about 77% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Arc Research Institute have?
- CharityIndex grades Arc Research Institute A, based on program efficiency and fundraising cost.
- How much does Arc Research Institute's highest-paid employee make?
- The highest reported compensation on Arc Research Institute's latest Form 990 is $1,141,800, paid to Alden J Woodrow (Chief Operating Officer).
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Data for Arc Research Institute (EIN 87-1920284) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.