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THE MISSION OF THE BARUCH S. BLUMBERG INSTITUTE IS TO USE DISCOVERY SCIENCE TO FIND NEW THERAPIES FOR VIRAL HEPATITIS AND LIVER CANCER; TO ADVANCE ITS RESEARCH DISCOVERIES THROUGH TRADITIONAL SCHOLARSHIP AND EDUCATIONAL OPPORTUNITIES; TO NURTURE BIOTECHNOLOGY AND TO PROMOTE PUBLIC HEALTH OUTREACH PROGRAMS TO IMPROVE THE QUALITY OF LIFE FOR THOSE AFFECTED BY VIRAL HEPATITIS.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$12.8M
Program Spending
73%
of total expenses go to program services
Total Contributions
$9.1M
Total Expenses
▼$13.3M
Total Assets
$10.5M
Total Liabilities
▼$5.1M
Net Assets
$5.4M
Officer Compensation
→$461.6K
Other Salaries
$4.2M
Investment Income
$140.6K
Fundraising
▼N/A
Tax Year 2022 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $739.4K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
HEPATITIS B FOUNDATION23-2655669 | DOYLESTOWN, PA | $600K | Cash | OPERATING SUPPORT |
UTAH STATE UNVIVERSITY87-6000528 | LOGAN, UT | $121.7K | Cash | RESEARCH GRANT |
JOHNS HOPKINS UNIVERSITY52-0595110 | BALTIMORE, MD | $17.7K | Cash | RESEARCH GRANT |
| Total | $739.4K | |||
DOYLESTOWN, PA
$600K
LOGAN, UT
$121.7K
BALTIMORE, MD
$17.7K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $5.5M | Yes | 2025-12-15 |
| 2024 | Clean | Unmodified (Clean) | $8.6M | Yes | 2025-02-25 |
| 2023 | Clean | Unmodified (Clean) | $2.7M | Yes | 2024-02-14 |
| 2022 | Clean | Unmodified (Clean) | $2.3M | Yes | 2023-02-23 |
| 2021 | Clean | Unmodified (Clean) | $2.2M | Yes | 2022-01-18 |
| 2020 | Clean | Unmodified (Clean) | $2.7M | Yes | 2021-02-09 |
| 2019 | Clean | Unmodified (Clean) | $2.3M | Yes | 2020-02-03 |
| 2018 | Clean | Unmodified (Clean) | $2.7M | Yes | 2018-11-27 |
| 2017 | Clean | Unmodified (Clean) | $2.2M | Yes | 2017-11-12 |
| 2016 | Clean | Unmodified (Clean) | $2.2M | Yes | 2017-01-11 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$8.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $12.8M | $9.1M | $13.3M | $10.5M | $5.4M |
| 2022IRS e-File | $12.8M | $9.1M | $13.3M | $10.5M | $5.4M |
| 2021 | $7.2M | $5.9M | $7.4M | $8.1M | $4.8M |
| 2020 | $6.8M | $5.5M | $7.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Louis P Kassa Iii Mpa | Ceo/secretary | 15 | $245.8K | $0 | $28.9K | $274.7K |
| Randall Hyer | President (eff 7/1/22) | 16 | $57.7K | $57.7K | $2,841 | $118.3K |
| Wayne Yetter Mba | Chairman | 1 | $0 | $0 | $0 | $0 |
| Elizabeth Seeber Mba Cpa | Treasurer | 1 | $0 | $0 | $0 | $0 |
Louis P Kassa Iii Mpa
Ceo/secretary
$274.7K
Hrs/Wk
15
Compensation
$245.8K
Related Orgs
$0
Other
$28.9K
Randall Hyer
President (eff 7/1/22)
$118.3K
Hrs/Wk
16
Compensation
$57.7K
Related Orgs
$57.7K
Other
$2,841
Wayne Yetter Mba
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Elizabeth Seeber Mba Cpa
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Richard Pestell Md Phd | Distinguished Professor Of Translation | 40 | $247K | $0 | $28.5K | $275.5K |
| Ju-Tao Guo Md | Director, Chair Of Division Of Exper | 40 | $232.3K | $0 | $27.9K | $260.3K |
| Jinhong Chang Md Phd | Professor Of Experimental Medicine R | 40 |
Richard Pestell Md Phd
Distinguished Professor Of Translation
$275.5K
Hrs/Wk
40
Compensation
$247K
Related Orgs
$0
Other
$28.5K
Ju-Tao Guo Md
Director, Chair Of Division Of Exper
$260.3K
Hrs/Wk
40
Compensation
$232.3K
Related Orgs
$0
Other
$27.9K
Jinhong Chang Md Phd
Professor Of Experimental Medicine R
$231.8K
Hrs/Wk
40
Compensation
$209.7K
Related Orgs
$0
Other
$22.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Joel Rosen Esq | Director | 1 | $0 | $0 | $0 | $0 |
| Loren Danzis Esq | Director | 1 | $0 | $0 | $0 | $0 |
| Thomas Shenk Phd | Director | 1 | $0 | $0 | $0 | $0 |
Joel Rosen Esq
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Loren Danzis Esq
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas Shenk Phd
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $6.6M |
| $4.2M |
| 2019 | $9.5M | $5.2M | $7.6M | $6.5M | $5M |
| 2018 | $7.6M | $6M | $7.2M | $6.2M | $4.3M |
| 2017 | $6.3M | $5.2M | $7.3M | $6.9M | $3.2M |
| 2016 | $5.8M | $5M | $5.7M | $4.7M | $4.2M |
| 2015 | $6.1M | $4.9M | $4.4M | $6.7M | $6.3M |
| 2014 | $4.1M | $3.1M | $4.2M | $1.9M | $1.4M |
| 2013 | $3.6M | $2.3M | $3.4M | $2.4M | $1.5M |
| 2012 | $3.9M | $3.6M | $3.6M | $2.6M | $1.3M |
| 2011 | $3.5M | $3.3M | $3.7M | $1.3M | $1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2003 | 990 | — |
| $209.7K |
| $0 |
| $22.1K |
| $231.8K |
| Matthew Burkhardt | Director Of B. Labs | 40 | $165.3K | $0 | $25.3K | $190.6K |
| Yanming Du Phd | Professor Of Medicinal Che | 40 | $154.1K | $0 | $25.9K | $180K |
Matthew Burkhardt
Director Of B. Labs
$190.6K
Hrs/Wk
40
Compensation
$165.3K
Related Orgs
$0
Other
$25.3K
Yanming Du Phd
Professor Of Medicinal Che
$180K
Hrs/Wk
40
Compensation
$154.1K
Related Orgs
$0
Other
$25.9K