Boyce Thompson Institute for Plant Research, Inc.
Inspired by how plants work for humanity.
Boyce Thompson Institute for Plant Research, Inc.
EIN: 13-1739923
Programs and results
What we aim to solve
Our programs
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.
Education and Outreach
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.
Translational Science Program
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.
Where we work
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of new donors
This metric is no longer tracked.Totals By Year
Type of Metric
Input - describing resources we use
Direction of Success
Holding steady
Number of donors retained
This metric is no longer tracked.Totals By Year
Type of Metric
Input - describing resources we use
Direction of Success
Increasing
Active Board Member Donors
This metric is no longer tracked.Totals By Year
Type of Metric
Input - describing resources we use
Direction of Success
Holding steady
Goals & Strategy
Reports and documents
Download strategic planFinancials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
4.40
Months of cash in 2022 info
2.4
Fringe rate in 2022 info
32%
Funding sources info
Assets & liabilities info
Financial data
Boyce Thompson Institute for Plant Research, Inc.
Revenue & expensesFiscal Year: Jan 01 - Dec 31
Boyce Thompson Institute for Plant Research, Inc.
Balance sheetFiscal Year: Jan 01 - Dec 31
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.
Boyce Thompson Institute for Plant Research, Inc.
Financial trends analysis Glossary & formula definitionsFiscal Year: Jan 01 - Dec 31
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 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | -$6,889,944 | $6,290,096 | $1,865,957 | $7,769,739 | -$15,114,870 |
As % of expenses | -37.4% | 35.8% | 11.3% | 43.7% | -70.9% |
Unrestricted surplus (deficit) after depreciation | -$7,571,047 | $5,714,394 | $1,268,944 | $7,258,199 | -$15,724,980 |
As % of expenses | -39.6% | 31.5% | 7.4% | 39.7% | -71.7% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $17,406,193 | $13,148,538 | $11,509,277 | $16,707,988 | $13,422,220 |
Total revenue, % change over prior year | -1.7% | -24.5% | -12.5% | 45.2% | -19.7% |
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 | 10.9% | 10.7% | 9.4% | 6.0% | 13.4% |
Government grants | 62.9% | 73.1% | 68.5% | 54.0% | 62.4% |
All other grants and contributions | 22.3% | 16.0% | 22.7% | 18.0% | 60.4% |
Other revenue | 4.0% | 0.2% | -0.5% | 22.0% | -36.2% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $18,437,605 | $17,571,716 | $16,559,210 | $17,779,203 | $21,313,997 |
Total expenses, % change over prior year | 4.8% | -4.7% | -5.8% | 7.4% | 19.9% |
Personnel | 55.7% | 57.0% | 63.3% | 62.8% | 53.5% |
Professional fees | 12.2% | 15.5% | 12.8% | 14.9% | 18.0% |
Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Interest | 0.2% | 0.1% | 0.1% | 0.2% | 0.1% |
Pass-through | 18.4% | 13.9% | 14.0% | 13.4% | 15.7% |
All other expenses | 13.5% | 13.4% | 9.8% | 8.7% | 12.7% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $19,118,708 | $18,147,418 | $17,156,223 | $18,290,743 | $21,924,107 |
One month of savings | $1,536,467 | $1,464,310 | $1,379,934 | $1,481,600 | $1,776,166 |
Debt principal payment | $95,567 | $102,171 | $0 | $250,292 | $0 |
Fixed asset additions | $0 | $0 | $786,114 | $1,028,145 | $0 |
Total full costs (estimated) | $20,750,742 | $19,713,899 | $19,322,271 | $21,050,780 | $23,700,273 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Months of cash | 1.7 | 0.8 | 2.0 | 5.7 | 2.4 |
Months of cash and investments | 47.4 | 54.3 | 60.1 | 63.2 | 43.9 |
Months of estimated liquid unrestricted net assets | 42.5 | 48.5 | 52.7 | 53.5 | 36.4 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Cash | $2,681,148 | $1,163,401 | $2,715,944 | $8,489,668 | $4,267,597 |
Investments | $70,123,598 | $78,379,679 | $80,219,083 | $85,195,958 | $73,741,416 |
Receivables | $3,432,069 | $2,817,705 | $2,897,791 | $2,553,872 | $3,580,665 |
Gross land, buildings, equipment (LBE) | $12,354,835 | $12,675,654 | $13,461,737 | $14,196,199 | $13,839,371 |
Accumulated depreciation (as a % of LBE) | 81.1% | 82.8% | 82.4% | 79.6% | 82.0% |
Liabilities (as a % of assets) | 7.2% | 7.1% | 9.9% | 13.1% | 13.4% |
Unrestricted net assets | $67,213,303 | $72,927,697 | $74,196,641 | $81,454,840 | $65,729,860 |
Temporarily restricted net assets | $2,827,159 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $3,022,200 | N/A | N/A | N/A | N/A |
Total restricted net assets | $5,849,359 | $5,773,072 | $5,927,657 | $6,357,448 | $8,205,168 |
Total net assets | $73,062,662 | $78,700,769 | $80,124,298 | $87,812,288 | $73,935,028 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
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 employeesSOURCE: IRS Form 990
Compensation data
Boyce Thompson Institute for Plant Research, Inc.
Highest paid employeesSOURCE: IRS Form 990
Compensation data
Boyce Thompson Institute for Plant Research, Inc.
Board of directorsas of 02/16/2023
Board of directors data
Dr. Gregory Galvin
no affiliation
Dr. Paul Chomet
David B. 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
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
Transgender Identity
No data
Sexual orientation
No data
Disability
No data