GOLD2023

Boyce Thompson Institute for Plant Research, Inc.

Inspired by how plants work for humanity.

aka BTI   |   Ithaca, NY   |  https://btiscience.org/
GuideStar Charity Check

Boyce Thompson Institute for Plant Research, Inc.

EIN: 13-1739923


Mission

The Boyce Thompson Institute for Plant Research, Inc. (BTI) was founded by William Boyce Thompson out of a conviction that "any principles concerning the nature of life that you can establish for plants will help you understand man, in health and disease." He also saw plant science as a means of ending hunger, thus ultimately promoting democracy and political stability. BTI scientists increase the understanding of plants to benefit people and the environment, concentrating on plant development, molecular plant microbe interactions, and molecular and chemical ecology. BTI envisions a world where nutritious food is abundant, the environment is secure, and people live fuller, healthier lives.

Ruling year info

1938

President

Dr. David B. Stern

Main address

533 Tower Rd

Ithaca, NY 14853 USA

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EIN

13-1739923

Subject area info

Climate change

Health

Biology

Botany

Information and communications

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Population served info

Adults

Students

Teachers

Researchers

Farmers

NTEE code info

Biological, Life Science Research includes Marine Biology, Physiology, Biochemistry, Genetics, Biotechnology, etc.) (U50)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Research

With world population predicted to reach nine billion people by 2050, understanding the principles underlying agriculture is increasingly crucial. BTI’s research aims to speed the development of sustainable agriculture and healthier food production through research into basic biological questions. Guiding questions lead our faculty researchers to insights into what mechanisms plants use to grow, to defend themselves from disease and insects, to use water, and to react to stress.

BTI’s research has the potential not only to help increase the food supply, but also to enhance the nutritional value of foods in developing worlds, to reduce the need for fertilizers and pesticides, and to produce cheaper vaccines.

Population(s) Served
Adults
Children and youth
People with diseases and illnesses
Economically disadvantaged people

The Boyce Thompson Institute (BTI) believes it’s crucial to have an informed and engaged public. Thus, outreach and education is a primary institute directive, with efforts to make plant science accessible for all audiences and to inspire and support new plant scientists.

BTI hosts professional development programs linking high school science teachers and students with BTI researchers in collaborative research projects. The institute also fosters research and educational experiences for undergraduate and graduate students and community members, along with summer internships for area high school students.

Population(s) Served
Children and youth

BTI's Technology Transfer Office protects BTI's Intellectual Property, promotes interactions between BTI researchers and industry, spurs innovation through translational research, supports the creation of start-ups and secures commercial licenses for BTI technologies.

Population(s) Served
Adults
Adults
Children and youth
People with diseases and illnesses

Where we work

Financials

Boyce Thompson Institute for Plant Research, Inc.
Fiscal year: Jan 01 - Dec 31
Financial documents
2021 A-133 Single Audit 2021 2019 A-133 Single Audit 2018 A-133 Single Audit 2017 A-133 Single Audit
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

6.81

Average of 4.57 over 10 years

Months of cash in 2020 info

SOURCE: IRS Form 990

2

Average of 2.1 over 10 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

28%

Average of 40% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

Boyce Thompson Institute for Plant Research, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

Boyce Thompson Institute for Plant Research, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Boyce Thompson Institute for Plant Research, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Boyce Thompson Institute for Plant Research, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2016 2017 2018 2019 2020
Unrestricted surplus (deficit) before depreciation -$3,446,951 $1,823,152 -$6,889,944 $6,290,096 $1,865,957
As % of expenses -20.6% 10.4% -37.4% 35.8% 11.3%
Unrestricted surplus (deficit) after depreciation -$4,134,604 $1,161,114 -$7,571,047 $5,714,394 $1,268,944
As % of expenses -23.7% 6.4% -39.6% 31.5% 7.4%
Revenue composition info
Total revenue (unrestricted & restricted) $12,878,258 $17,715,218 $17,406,193 $13,148,538 $11,509,277
Total revenue, % change over prior year -5.4% 37.6% -1.7% -24.5% -12.5%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 3.7% 7.3% 10.9% 10.7% 9.4%
Government grants 57.8% 52.6% 62.9% 73.1% 68.5%
All other grants and contributions 17.7% 13.6% 22.3% 16.0% 22.7%
Other revenue 20.8% 26.5% 4.0% 0.2% -0.5%
Expense composition info
Total expenses before depreciation $16,721,576 $17,598,623 $18,437,605 $17,571,716 $16,559,210
Total expenses, % change over prior year 2.1% 5.2% 4.8% -4.7% -5.8%
Personnel 68.1% 64.4% 55.7% 57.0% 63.3%
Professional fees 15.8% 13.9% 12.2% 15.5% 12.8%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.2% 0.1% 0.1%
Pass-through 2.2% 8.8% 18.4% 13.9% 14.0%
All other expenses 13.9% 12.9% 13.5% 13.4% 9.8%
Full cost components (estimated) info 2016 2017 2018 2019 2020
Total expenses (after depreciation) $17,409,229 $18,260,661 $19,118,708 $18,147,418 $17,156,223
One month of savings $1,393,465 $1,466,552 $1,536,467 $1,464,310 $1,379,934
Debt principal payment $0 $0 $95,567 $102,171 $0
Fixed asset additions $0 $727,442 $0 $0 $786,114
Total full costs (estimated) $18,802,694 $20,454,655 $20,750,742 $19,713,899 $19,322,271

Capital structure indicators

Liquidity info 2016 2017 2018 2019 2020
Months of cash 2.8 2.7 1.7 0.8 2.0
Months of cash and investments 58.5 55.9 47.4 54.3 60.1
Months of estimated liquid unrestricted net assets 50.9 49.4 42.5 48.5 52.7
Balance sheet composition info 2016 2017 2018 2019 2020
Cash $3,856,009 $3,940,683 $2,681,148 $1,163,401 $2,715,944
Investments $77,630,381 $77,994,395 $70,123,598 $78,379,679 $80,219,083
Receivables $2,262,090 $2,689,687 $3,432,069 $2,817,705 $2,897,791
Gross land, buildings, equipment (LBE) $11,479,341 $12,199,994 $12,354,835 $12,675,654 $13,461,737
Accumulated depreciation (as a % of LBE) 76.4% 77.2% 81.1% 82.8% 82.4%
Liabilities (as a % of assets) 9.2% 8.9% 7.2% 7.1% 9.9%
Unrestricted net assets $73,623,236 $74,784,350 $67,213,303 $72,927,697 $74,196,641
Temporarily restricted net assets $2,003,011 $1,963,050 $2,827,159 N/A N/A
Permanently restricted net assets $3,022,200 $3,022,300 $3,022,200 N/A N/A
Total restricted net assets $5,025,211 $4,985,350 $5,849,359 $5,773,072 $5,927,657
Total net assets $78,648,447 $79,769,600 $73,062,662 $78,700,769 $80,124,298

Key data checks

Key data checks info 2016 2017 2018 2019 2020
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

President

Dr. David B. Stern

The underlying research theme in the Stern laboratory is nuclear-cytoplasmic interactions. Within this framework, we study how chloroplast genes and metabolic activities are regulated by the products of nuclear genes, usually acting at the transcriptional or post-transcriptional level. Chloroplasts, as the site of photosynthesis as well as other metabolic pathways, have numerous roles in plant development, and responses to environmental stimuplant transformation, and biochemistry to unravel these processes.

Number of employees

Source: IRS Form 990

Boyce Thompson Institute for Plant Research, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
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Boyce Thompson Institute for Plant Research, Inc.

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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Boyce Thompson Institute for Plant Research, Inc.

Board of directors
as of 01/20/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Dr. Gregory Galvin

no affiliation


Board co-chair

Dr. Paul Chomet

David Stern

BTI's President/CEO

Peter Cornelius

Gregory Galvin

Paul Chomet

Lourdes Casanova

Oliver Schulze

Mary Lou Guerinot

Susan McCouch

Charles Trautmann

Roberto Cañizares

Melinda Oakes

Ian Gazard

Sally Rockey

Benjamin Houlton

Cornell

Susan McCouch

Cornell

Katherine McComas

Cornell

Margaret Smith

Cornell

Organizational demographics

SOURCE: Self-reported; last updated 12/8/2022

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.