THE FEINSTEIN INSTITUTE FOR MEDICAL RESEARCH

WESTBURY, NY, 11590-1740 (516) 321-6058 Est. 1983 EIN 11-2673595
H900 - Medical Research 990 - Public charity return 501(c)(3)
northwell.edu

Mission

THE FEINSTEIN INSTITUTE FOR MEDICAL RESEARCH ("THE INSTITUTE") IS THE RESEARCH BRANCH OF NORTHWELL HEALTH ("NORTHWELL"). THROUGH ITS AFFILIATION WITH NORTHWELL, THE INSTITUTE'S MISSION IS TO BRIDGE THE GAP BETWEEN BIOMEDICAL RESEARCH AND PATIENT CARE, ACCESSING HUNDREDS OF THOUSANDS OF PATIENTS IN NORTHWELL'S VARIOUS HOSPITALS, LONG-TERM CARE FACILITIES, TRAUMA CENTERS, HOME HEALTH AGENCIES AND OUTPATIENT FACILITIES. INSTITUTE SCIENTISTS COLLABORATE WITH CLINICIANS THROUGHOUT NORTHWELL TO SHED LIGHT ON BASIC BIOLOGICAL PROCESSES UNDERLYING DISEASE. THIS KNOWLEDGE IS USED TO DEVELOP NEW THERAPIES AND DIAGNOSTICS.

Financials

Total Revenue
$163,308,471
Total Expenses
$163,279,325
Net Assets
$176,000,209
700 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
12.9 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 6.9%
Expenses ↑ 8.2%
Revenue Sources
Contributions 86.4% Earned revenue 8.9% Investment 3.0% Other 2.0%
Expense Breakdown
Program 87.5% Management 7.8% Fundraising 4.7%

Officers & Key Employees (17)

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Grants Received (308)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$163,308,471 ↑$163,279,325$176,000,209
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$152,772,247 ↑$150,884,033$172,793,251
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$136,817,092 ↑$137,105,516$161,320,374
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$132,965,879 ↑$127,937,115$154,393,292
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$127,578,675 ↑$123,961,103$151,360,186
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$115,921,470 $119,836,581$149,642,580

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EIN: 11-2673595 · Source: IRS Form 990 e-file data