THE SCRIPPS RESEARCH INSTITUTE Charity Report

Public IRS 990 nonprofit record

THE SCRIPPS RESEARCH INSTITUTE

EIN 33-0435954 · Biomedicine & Bioengineering Research (H92)

What they do

THE SCRIPPS RESEARCH INSTITUTE ("TSRI") PERFORMS HIGH IMPACT BASIC BIOMEDICAL RESEARCH, IMPROVES THE HUMAN CONDITION BY FOSTERING TRANSLATION of ITS DISCOVERIES INTO USEFUL PRODUCTS and ENGAGES IN THE HIGHEST QUALITY GRADUATE SCIENTIFIC EDUCATION and POST GRADUATE SCIENTIFIC TRAINING. TSRI is KNOWN for ITS ENTREPRENEURIAL ENVIRONMENT and ITS EMPHASIS IN RESEARCH RELATING to SYNTHETIC CHEMISTRY, THE RELATIONSHIP BETWEEN MOLECULAR STRUCTURE and ACTIVITY and CHEMICAL BIOLOGY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.78%of revenue went to mission work92.0% of expenses · Program services

1.08%of revenue went to fundraising1.4% of expenses

$76.93spent for every $100 of revenueRevenue covered expenses this year.

5.08%of revenue went to management and office costs6.6% of expenses

$2.72in assets for every $1 spent this yearSome assets cannot be spent right away.

45.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,859,240 for PETER G SCHULTZ (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$698,624,318

Mission workProgram services$494,456,31870.78% of revenue92.0% of expenses

ManagementOffice and general costs$35,456,6685.08% of revenue6.6% of expenses

FundraisingAsking for donations$7,540,9951.08% of revenue1.4% of expenses

Revenue left after expensesReported annual surplus$161,170,33723.07% of revenueShown in gray on the chart

Total expenses$537,453,98176.93% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.0% mission · 6.6% management · 1.4% fundraisingTotal expenses: 76.93% of revenue

2023Expense mix: 90.2% mission · 8.1% management · 1.7% fundraisingTotal expenses: 82.43% of revenue

2022Expense mix: 93.6% mission · 5.5% management · 0.9% fundraisingTotal expenses: 65.29% of revenue

2021Expense mix: 95.6% mission · 3.7% management · 0.7% fundraisingTotal expenses: 139.37% of revenue

2020Expense mix: 93.0% mission · 6.0% management · 1.0% fundraisingTotal expenses: 88.22% of revenue

2019Expense mix: 93.4% mission · 5.6% management · 1.0% fundraisingTotal expenses: 107.03% of revenue

2018Expense mix: 93.7% mission · 5.4% management · 0.9% fundraisingTotal expenses: 104.95% of revenue

2017Expense mix: 95.5% mission · 3.7% management · 0.8% fundraisingTotal expenses: 98.15% of revenue

Money in and money out

Revenue$698,624,318

Expenses$537,453,981

Annual surplus $161,170,337 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$494,456,318 · 92.0% of expenses

Management and office costs$35,456,668 · 6.6% of expenses

Fundraising$7,540,995 · 1.4% of expenses

See all reported dollar amounts

Revenue$698,624,318

Expenses$537,453,981

Assets$1,460,616,898

Income$1,087,648,353

Contributions$317,961,835

Mission work (program services)$494,456,318

Fundraising$7,540,995

Grants given$706,725,536

Average grant$1,162,378

Management and general$35,456,668

Stocks and bonds$261,888,242

Accounting fees$594,827

Investing fees$1,716,237

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PETER G SCHULTZPRESIDENT/CEO · 40 hrs/week $1,859,240Base $1,784,580 · Other $74,660

ERIC TOPOLPROFESSOR/EXEC VP · 24 hrs/week $1,085,635Base $1,057,040 · Other $28,595

CAROLINE MOONCFO · 40 hrs/week $898,368Base $832,577 · Other $65,791

MARSHALL OLINGENERAL COUNSEL · 40 hrs/week $746,377Base $672,211 · Other $74,166

SCOTT SHOWALTERCHIEF ADVANCEMENT OFFICER · 40 hrs/week $744,850Base $707,626 · Other $37,224

CHANNING R BEALSCHIEF MEDICAL OFFICER · 40 hrs/week $685,542Base $601,637 · Other $83,905

TRAVIS SCOTT YOUNGSR. DIRECTOR, CALIBR · 40 hrs/week $606,729Base $537,630 · Other $69,099

JING LISENIOR DIRECTOR · 40 hrs/week $534,216Base $478,912 · Other $55,304

KELLY SAN GEORGECFO VP ADM. CALIBR · 40 hrs/week $521,766Base $453,276 · Other $68,490

BENJAMIN CRAVATTFACULTY DIRECTOR (START 10/24)/PROF · 40 hrs/week $430,385Base $390,594 · Other $39,791

JARED M MACHADOTREASURER/CHIEF ACCOUNTING OFFICER · 40 hrs/week $424,685Base $371,821 · Other $52,864

JAMES R WILLIAMSONFRMR VP RES&ACAD AFFS(END 1/23)/PROF · 40 hrs/week $388,715Base $344,113 · Other $44,602

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

PETER G SCHULTZPRESIDENT/CEO

ERIC TOPOLPROFESSOR/EXEC VP

CAROLINE MOONCFO

MARSHALL OLINGENERAL COUNSEL

SCOTT SHOWALTERCHIEF ADVANCEMENT OFFICER

CHANNING R BEALSCHIEF MEDICAL OFFICER

TRAVIS SCOTT YOUNGSR. DIRECTOR, CALIBR

JING LISENIOR DIRECTOR

KELLY SAN GEORGECFO VP ADM. CALIBR

BENJAMIN CRAVATTFACULTY DIRECTOR (START 10/24)/PROF

JARED M MACHADOTREASURER/CHIEF ACCOUNTING OFFICER

JAMES R WILLIAMSONFRMR VP RES&ACAD AFFS(END 1/23)/PROF

ALANNA RUTANSECRETARY/CHIEF COMPLIANCE COUNSEL

ARDEM PATAPOUTIANFACULTY DIRECTOR (END 10/24)/PROF

LOU LANGEDIRECTOR (START 10/24)

TOM DANIELDIRECTOR

SHERRY LANSINGDIRECTOR

BARBARA KOSACZDIRECTOR

RON BURKLEDIRECTOR

BENEDICT GROSSDIRECTOR (END 10/24)

PETER C FARRELLDIRECTOR

MARK PEARSONDIRECTOR

MARK EDWARDSDIRECTOR

CLAUDIA S LUTTRELLDIRECTOR

LILLIAN LOUDIRECTOR

JOHN D DIEKMANDIRECTOR/BOARD CHAIR

HERBERT WERTHEIMDIRECTOR

GERALD CHANDIRECTOR

GENE LAYDIRECTOR

About this charity

Recognized since: January 1991
Location: 10550 NORTH TORREY PINES ROAD, LA JOLLA, CA 92037
County: San Diego
In care of: JARED MACHADO
Primary officer: JARED MACHADO, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(858) 784-1000 Officer phone(858) 784-9817

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: DELOITTE TAX LLP
NTEE classification: Biomedicine & Bioengineering Research (H92)
IRS tax category: Biomedicine & Bioengineering Research
Grant-giving organization: Yes