DAKOTA BIOPRODUCTS INNOVATION INSTITUTE

BROOKINGS, SD, 57006-1753 (712) 540-6090 Est. 2022 EIN 88-2205210

S30 - Economic Development 990 - Public charity return 501(c)(3)

Mission

PROVIDING FUNDING FOR A 45,000 SQUARE FOOT SPECIALIZED LABORATORY FACILITY TO BE BUILT AT SOUTH DAKOTA STATE UNIVERSITY.

Total Revenue

$5,394,745

Total Expenses

$3,302,562

Net Assets

$5,516,588

7 employees

From latest filing (tax period ending 2024-12-31)

Operating Reserve

20.0 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 103.8%

Expenses ↑ 122.4%

Revenue Sources

Contributions 95.0% Earned revenue 5.0%

Expense Breakdown

Program 87.3% Management 12.7%

Individual compensation is available on Grow plans.

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$5,394,745 ↑	$3,302,562	$5,516,588
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$2,646,868 ↑	$1,484,844	$3,015,024
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$2,148,320	$295,320	$1,853,000