David H Murdock Research Institute
Only null% goes to programs Declining revenue
David H Murdock Research Institute is a 501(c)(3) organization based in Kannapolis, North Carolina, registered in 2009, with -$35,859,970 in FY2024 revenue. CharityIndex grades it D.
150 N Research Campus Dr, Kannapolis, NC, 28081 EIN 20-8730759 Since 2009
Revenue (FY2024)
-$35.9M
▼ 3015.7% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$2.6M
Net assets
$257K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for David H Murdock Research Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating1 mo reserves · -107% 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 David H Murdock Research Institute: 1 mo reserves · -107% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for David H Murdock Research Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 David H Murdock Research Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 150 N Research Campus Dr, Kannapolis, NC, 28081
- City
- Kannapolis
- State
- North Carolina
- Category
- Food, Agriculture & Nutrition
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue declined from $14.8M (FY2013) to -$35.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $82KNet assets $257K
Operating margin
-107.2%
Spent more than it raised in the latest fiscal year.
Total assets
$338K
Total liabilities
$82K
Net assets
$257K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$35,859,970▼3016% | $2,582,888▼39.3% | $256,701▼99.3% | $338,347▼99.3% | 990 |
| 2023 | $1,229,898▼61.3% | $4,258,536▼28.5% | $38,699,559▼7.3% | $47,113,368▼4.6% | 990 |
| 2022 | $3,181,857▲59.7% | $5,957,850▼1.7% | $41,728,197▼6.8% | $49,378,162▼18.6% | 990 |
| 2021 | $1,992,555▲55.6% | $6,058,105▲233% | $44,760,940▼8.3% | $60,635,217▼3.5% | 990 |
| 2020 | $1,280,674▼3.2% | $1,817,347▼60.7% | $48,826,490▼9.6% | $62,840,123▲6.3% | 990 |
| 2019 | $1,322,889▼27.7% | $4,624,630▼39.8% | $54,037,824▼9.9% | $59,121,567▼2.2% | 990 |
| 2018 | $1,828,789▼80.4% | $7,678,588▼25.6% | $59,965,162▼8.9% | $60,437,551▼9.1% | 990 |
| 2017 | $9,348,849▼18.1% | $10,314,172▼3.5% | $65,814,961▼1.4% | $66,483,589▼1.1% | 990 |
| 2016 | $11,408,431▲46.0% | $10,688,732▲3.0% | $66,780,284▲1.1% | $67,254,890▲1.2% | 990 |
| 2015 | $7,816,599▼12.9% | $10,376,683▼7.7% | $66,060,585▼3.7% | $66,475,492▼3.6% | 990 |
| 2014 | $8,973,688▼39.4% | $11,246,809▼16.9% | $68,620,669▼3.2% | $68,974,719▼3.7% | 990 |
| 2013 | $14,806,017 | $13,538,223▼15.3% | $70,893,790▲1.8% | $71,653,968▼7.0% | 990 |
| 2012 | — | $15,990,617▼6.3% | $69,625,996▼6.4% | $77,018,311▼7.0% | 990 |
| 2011 | — | $17,074,417▲6.0% | $74,367,504▼10.7% | $82,787,800▼8.9% | 990 |
| 2010 | — | $16,104,848▼7.3% | $83,253,498▼11.4% | $90,832,905▼7.5% | 990 |
| 2009 | — | $17,364,752 | $93,956,641 | $98,153,947 | 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.
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Frequently asked questions
- Is David H Murdock Research Institute a legitimate nonprofit?
- Yes. David H Murdock Research Institute is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-8730759, based in Kannapolis, North Carolina. Donations are tax-deductible.
- What is David H Murdock Research Institute's EIN?
- David H Murdock Research Institute's Employer Identification Number (EIN) is 20-8730759.
- How much revenue does David H Murdock Research Institute report?
- David H Murdock Research Institute reported -$35,859,970 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does David H Murdock Research Institute have?
- CharityIndex grades David H Murdock Research Institute D, based on financial health (reserves and operating margin).
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Data for David H Murdock Research Institute (EIN 20-8730759) 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.