Ludwig Institute For Cancer Research in La Jolla, California (CA)

Table of contents:

Organization representatives - add corrected or new information about Ludwig Institute For Cancer Research »

Non-representatives - add comments about Ludwig Institute For Cancer Research»

Ludwig Institute For Cancer Research
Employer Identification Number (EIN)237121131
Name of OrganizationLudwig Institute For Cancer Research
In Care of NameMartin Born
Address9500 Gilman Drive, La Jolla, CA 92093-0660
ActivitiesScientific research (diseases), Contact or sponsored scientific research for industry, Other health services
SubsectionCharitable Organization
Ruling Date08/1971
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$10,000,000 to $49,999,999
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$46,795,771
Amount of Income$124,827,390
Form 990 Revenue Amount$124,827,390
National Taxonomy of Exempt Entities (NTEE)Medical Research: Cancer Research


Non-representatives - add comments:


CAPTCHA

Your IP address 54.196.162.238 will be logged.

Amount of income in 2011: $124,827,390
This organization: 

 $124,827,390
Other organizations performing similar types of work: 

 $19,701,805

Assets in 2011: $46,795,771
Ludwig Institute For Cancer Research: 

 $46,795,771
Other organizations performing similar types of work: 

 $9,493,260

Expenses in 2007: $107,981,906
This organization: 

 $107,981,906
Other organizations performing similar types of work: 

 $27,792,615

Income to expenses ratio in 2007: 1.0
Ludwig Institute For Cancer Research: 

 1.0
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 87.5%
This organization: 

 87.5%
Other organizations performing similar types of work: 

 85.9%

Number of employees in 2007: 875
Ludwig Institute For Cancer Research: 

 875
Other organizations performing similar types of work: 

 233

Employees paid over $50,000 in 2007: 29.0%
Ludwig Institute For Cancer Research: 

 29.0%
Other organizations performing similar types of work: 

 35.9%

Grants share in income in 2007: 89.3%
Ludwig Institute For Cancer Research: 

 89.3%
Other organizations performing similar types of work: 

 63.1%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
200120062007
Total revenue$82,573,780$105,931,573$107,553,160
Contributions, gifts, grants, and similar amounts received$72,131,443$87,990,532$96,080,248
Contributions to donor advised funds$0$0
Direct public support$7,249,308$14,832,833$18,426,409
Indirect public support$60,089,149$60,067,486$62,135,179
Government contributions (grants)$4,792,986$13,090,213$15,518,660
Program service revenue including government fees and contracts$3,706,377$0$1,215,480
Membership dues and assessments$0$0$0
Interest on savings and temporary cash investments$1,532,075$1,147,832$1,924,468
Dividends and interest from securities$2,101,195$3,500,000$0
Net rental income or (loss)$0$0$0
Gross rents$0$0$0
Less: rental expenses$0$0$0
Other investment income$2,300,000$12,881,342$8,236,585
Gain or (loss) from sales of assets other than inventory$18,349$6,540$17,046
Gross amount from sales of assets other than inventory$18,349$6,540$17,046
Less: cost or other basis and sales expenses$0$0$0
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0
Less: cost of goods sold$0$0$0
Other revenue$784,341$405,327$79,333
Total expenses$78,810,527$98,323,612$107,981,906
Program services$68,374,467$85,519,828$94,528,311
Management and general$10,436,060$11,499,877$11,638,829
Fundraising$0$1,303,907$1,814,766
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$20,644,591$19,510,227$19,085,323
Excess or (deficit) for the year$3,763,253$7,607,961$-428,746
Net assets or fund balances at beginning of year$16,882,226$11,898,641$19,510,227
Other changes in net assets or fund balances$-888$3,625$3,842
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$107,981,906$94,528,311$11,638,829$1,814,766
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$2,385,194$1,034,198$1,140,924$210,072
Compensation of former officers, directors, key employees, etc.$217,954$108,532$109,422$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$2,910,749$2,328,599$582,150$0
Salaries and wages of employees not included above$39,043,201$32,790,938$5,189,679$1,062,584
Pension plan contributions not included above$3,104,633$2,603,422$430,335$70,876
Employee benefits not included above$3,733,687$3,335,316$273,020$125,351
Payroll taxes$2,775,492$2,337,105$366,620$71,767
Professional fundraising fees$0$0$0$0
Accounting fees$400,235$5,458$394,777$0
Legal fees$519,182$0$519,182$0
Supplies$0$0$0$0
Telephone$367,802$277,574$79,464$10,764
Postage and shipping$243,517$189,097$46,119$8,301
Occupancy$7,781,220$6,831,820$736,032$213,368
Equipment rental and maintenance$1,436,022$1,302,367$133,655$0
Printing and publications$223,901$207,914$9,598$6,389
Travel$2,009,301$1,418,791$558,626$31,884
Conferences, conventions, and meetings$166,109$156,949$5,750$3,410
Interest$58,739$0$58,739$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$40,604,967$39,600,231$1,004,736$0
Balance Sheets
200120062007
Total assets$35,933,197$51,466,674$54,661,268
Cash - non-interest-bearing$258,522$1,211,369$1,829,121
Savings and temporary cash investments$24,943,428$32,374,598$35,271,160
Accounts receivable less allowance for doubtful accounts$851,121$3,187,248$3,396,912
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$936,170$2,398,578$2,083,594
Receivables from current and former officers, directors, trustees, and key employees$0$90,262$83,542
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$367,501$342,501
Other notes and loans receivable less allowance for doubtful accounts$0$273,677$259,826
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$1,609,863$3,041,563$2,614,975
Investments - publicly-traded securities$0$0
Investments - other securities$5,103,000$6,812,904$7,018,449
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0
Other assets, including program-related investments$2,231,093$1,708,974$1,761,188
Total liabilities$15,288,606$31,956,447$35,575,945
Accounts payable and accrued expenses$11,910,321$22,425,125$22,857,614
Grants payable$0$0$0
Deferred revenue$3,378,285$9,531,322$12,718,331
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$0$0$0
Other liabilities$0$0$0
Total liabilities and net assets/fund balances$35,933,197$51,466,674$54,661,268
Total net assets or fund balances$20,644,591$19,510,227$19,085,323
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200120062007
Total revenue$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0
Other expenses$0$0$0
Net unrealized gains on investments$0$0$0
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$0$0$0
Other revenue$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200120062007
Total expenses$0$0$0
Total expenses and losses per audited financial statements$0$0$0
Other revenue$0$0$0
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$0$0$0
Other expenses$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
2$8,217$0$0
16$156,800$0$0
3$8,217$0$0
3$8,217$0$0
2$8,217$0$0
45$360,006$35,011$0
2$8,217$0$0
45$262,469$34,396$417
3$8,217$0$0
2$8,217$0$0
45$502,160$50,891$7,382
45$443,996$50,699$2,504
45$350,041$56,369$14,510
23$0$0$25
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings9
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
Loans and AdvancesCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
$0$100,000$9,422$0
$0$91,424$14,740$2,368
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006875
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$10,257,432$1,215,480
Program service revenue
Program service revenue 1000000$000$0$1,215,480
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,924,468$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$0Royalty income excluded by section 512(b)(2)$8,236,585$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$17,046$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Foreign organizations only - Income from a trade or business NOT conducted in the United States and NOT derived from United States sources (patrons) (section 512(a)(2))$79,333$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
131603827100%$0$21,474,754
132808920100%$784,747$14,028,343
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$674,080$130,828$1,497
$396,111$51,114$2,368
$376,436$42,417$0
$302,437$37,749$3,734
$322,014$17,823$1,497
Total number of other employees paid over $50,000243
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isMedical research organization
Support Schedule
200020052006
Total$0$0$0
Gifts, grants, and contributions received$0$0$0
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$124,827,390
Contributions, Gifts, Grants and Other Similar Amounts$115,669,227
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$389,321
Income from investment of tax-exempt bond proceeds$0
Royalties$8,754,258
Net rental income$0
Net gain from sales of assets other than inventory$14,584
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $14,584
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$0 / $14,584
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$121,114,124
Compensation of current officers, directors, trustees, and key employees$3,750,782
Other salaries and wages$45,547,654
Payroll taxes$2,702,689
Professional fundraising services$0
Other$69,112,999
Balance Sheet (for 2011)
Total assets$46,795,771
Total liabilities$38,681,815
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$38,681,815
Total net assets or fund balances$8,113,956
Retained earnings, endowment, accumulated income, or other funds$8,049,792
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv)
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Ludwig Institute For Cancer Research to others? (optional)
  
Add photo of Ludwig Institute For Cancer Research (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Dana Farber Cancer Institute Inc Steven Connolly450 Brookline Avenue Bp418, Boston, MA 02215-5418MA1962-04$1,023,613,832
2Health Research Incorporated150 Broadway Ste 560, Menands, NY 12204-2726NY1955-03$739,294,268
3Fred Hutchinson Cancer Research CenterPO BOX 19024, Seattle, WA 98109-1024WA1972-05$523,405,356
4Ludwig Institute For Cancer Research9500 Gilman Drive, La Jolla, CA 92093-0660CA1971-08$124,827,390
5Wistar Institute Of Anatomy & Biology3601 Spruce St, Philadelphia, PA 19104-4265PA1946-11$97,600,000
6American Association For Cancer Research615 Chestnut St Fl 17, Philadelphia, PA 19106-4406PA1965-01$73,406,275
7Van Andel Research Institute333 Bostwick Ave Ne, Grand Rapids, MI 49503-2518MI1997-07$64,949,975
8Fox Chase Cancer Center Foundation333 Cottman Ave, Philadelphia, PA 19111-2434PA1975-05$58,833,934
9Dana Farber Partners Cancer Care Inc450 Brookline Ave Bp418, Boston, MA 02215-5418MA1998-04$33,464,483
10Nsabp Foundation Inc4 Allegheny Center 5th Flr, Pittsburgh, PA 15212-5255PA1996-07$31,159,594
11Cancer Research Institute Inc1 Exchange Plaza 55 Broadway Ste180, New York, NY 10006NY1953-11$26,711,639
12Walther Cancer Institute IncIndianapolis, IN 46208IN$20,669,528
13Institute For Cancer Research333 Cottman Avenue, Philadelphia, PA 19111-2497PA1944-12$19,701,805
14Prevent Cancer Foundation, Protect Your Lungs1600 Duke St Ste 500, Alexandria, VA 22314-3421VA1986-01$10,345,919
15The Leonard And Madlyn Abramson Family Cancer Research Institute1086 Penllyn Blue Bell Pike, Blue Bell, PA 19422-2104PA1999-06$7,448,135
16Advanced Medical Research Foundation Inc1101 Beacon St 2w, Brookline, MA 02446-5587MA1975-12$5,088,612
17Butch Walts & Donald Skinner Urological Cancer Research Foundat1811 San Vicente Blvd, Santa Monica, CA 90402-2308CA1983-02$2,400,100
18The Sally Edelman And Harry Gardner Cancer Research Foundation IncPO BOX 97, Hilton, NY 14468-0097NY1985-08$258,709
19Parker Hughes Institute510 1st Ave N, Minneaplois, MN 55403-1610MN2002-07$8,742
20Grassrootshealth315 S Coast Hwy 101, Encinitas, CA 92024-3543CA2008-04$335,228
21Montana Cancer Institute Foundation500 W Broadway St, Missoula, MT 59802-4008MT2006-10$114,830
22International Transplant-Skin Cancer Collaborative555 E Wells St Ste 1100, Milwaukee, WI 53202-3800WI2003-06$2,366
23Hihimsa Foundation603 Seagaze Dr, Oceanside, CA 92054-3005CA2006-06$1,300
Number of organizations performing similar types of work
California7
Connecticut1
Florida1
Indiana1
Massachusetts4
Michigan1
Minnesota1
Montana1
North Carolina1
New York3
Pennsylvania6
Texas1
Virginia1
Washington1
Wisconsin1
Total31

faqs.org is not associated with, endorsed by, or sponsored by Ludwig Institute For Cancer Research and has no official or unofficial affiliation with Ludwig Institute For Cancer Research