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PROVIDE SUPPORT TO UW-MADISON AND MORGRIDGE INSTITUTE FOR RESEARCH.
Source: IRS Form 990 (Tax Year 2025)
Source: IRS Form 990 via ProPublica Nonprofit Explorerⓘ Leadership data below reflects a more recent filing (Tax Year 2025) from the IRS e-file system.
Total Revenue
▼$140.8M
Total Contributions
$91.5K
Total Expenses
▼$155.8M
Total Assets
$3.3B
Total Liabilities
▼$968.9M
Net Assets
$2.3B
Officer Compensation
→$5.6M
Other Salaries
$6.9M
Investment Income
▼$48.6M
Fundraising
▼$0
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)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2025 · Source: IRS e-Filed Form 990
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: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024 | $140.8M | $91.5K | $155.8M | $3.3B | $2.3B |
| 2023 | -$21.6M | $3.3M | $155.5M | $3.2B | $2.3B |
| 2022 | -$91.8M | $180.7K | $152.5M | $3.2B | $2.3B |
| 2021 | $574.2M | $5.4M | $251.1M | $3.7B |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2024 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File |
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2025)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Erik Iverson | Trustee/ceo, Secretary | 40 | $799.4K | $15K | $218.3K | $1M |
| Michael Falk | Chief Ip & Licensing Officer | 40 | $480.9K | $0 | $316.9K | $797.8K |
| Michael Partsch | Chief Venture Officer | 40 | $437.4K | $0 | $136.4K | $573.9K |
| Alyssa Thoeny | Chief Financial Officer | 40 | $367.3K | $0 | $121.5K | $488.8K |
| Deborah Keller | Trustee, Chair | 4 | $33K | $10K | $0 | $43K |
| Thomas Tefft | Trustee, Treasurer | 3 | $27K | $0 | $0 | $27K |
| Doris Meissner | Trustee, Vice Chair | 3 | $24K | $0 | $0 | $24K |
| Deborah Solmor | General Counsel | 40 | $0 | $0 | $0 | $0 |
Erik Iverson
Trustee/ceo, Secretary
$1M
Hrs/Wk
40
Compensation
$799.4K
Related Orgs
$15K
Other
$218.3K
Michael Falk
Chief Ip & Licensing Officer
$797.8K
Hrs/Wk
40
Compensation
$480.9K
Related Orgs
$0
Other
$316.9K
Michael Partsch
Chief Venture Officer
$573.9K
Hrs/Wk
40
Compensation
$437.4K
Related Orgs
$0
Other
$136.4K
Alyssa Thoeny
Chief Financial Officer
$488.8K
Hrs/Wk
40
Compensation
$367.3K
Related Orgs
$0
Other
$121.5K
Deborah Keller
Trustee, Chair
$43K
Hrs/Wk
4
Compensation
$33K
Related Orgs
$10K
Other
$0
Thomas Tefft
Trustee, Treasurer
$27K
Hrs/Wk
3
Compensation
$27K
Related Orgs
$0
Other
$0
Doris Meissner
Trustee, Vice Chair
$24K
Hrs/Wk
3
Compensation
$24K
Related Orgs
$0
Other
$0
Deborah Solmor
General Counsel
$0
Hrs/Wk
40
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 |
|---|---|---|---|---|---|---|
| Alain Hung | Deputy Chief Investment Officer | 40 | $527.2K | $0 | $198.6K | $725.8K |
| Michael Wagner | Investment Director | 40 | $460K | $0 | $192.9K | $652.9K |
| Jonathan Young | Head Of Warf Therapeutics | 40 | $367.9K | $0 | $168.4K | $536.3K |
| Brian Dyck | Senior Director, Warf Therapeutics | 40 | $276.3K | $0 | $95.2K | $371.6K |
| Patrick Cooney | Deputy General Counsel | 40 | $273.7K | $0 | $66.3K | $340K |
Alain Hung
Deputy Chief Investment Officer
$725.8K
Hrs/Wk
40
Compensation
$527.2K
Related Orgs
$0
Other
$198.6K
Michael Wagner
Investment Director
$652.9K
Hrs/Wk
40
Compensation
$460K
Related Orgs
$0
Other
$192.9K
Jonathan Young
Head Of Warf Therapeutics
$536.3K
Hrs/Wk
40
Compensation
$367.9K
Related Orgs
$0
Other
$168.4K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Asha S Collins | Trustee | 2 | $27K | $0 | $0 | $27K |
| Colin Welch | Trustee | 1 | $1,250 | $0 | $0 | $1,250 |
| David Smukowski | Trustee | 2 | $27K | $0 | $0 | $27K |
| James Berbee | Trustee | 2 | $27K | $0 | $0 | $27K |
| James Thompson | Trustee | 2 | $24K | $0 | $0 | $24K |
| Jennifer Mnookin | Trustee |
Asha S Collins
Trustee
$27K
Hrs/Wk
2
Compensation
$27K
Related Orgs
$0
Other
$0
Colin Welch
Trustee
$1,250
Hrs/Wk
1
Compensation
$1,250
Related Orgs
$0
Other
$0
David Smukowski
Trustee
$27K
Hrs/Wk
2
Compensation
$27K
Related Orgs
$0
Other
$0
| $2.7B |
| 2020 | $255M | $56.2K | $152.4M | $3.2B | $2.2B |
| 2019 | $33M | $1.7M | $176.7M | $3B | $2.2B |
| 2018 | $263.8M | $136.7K | $403.6M | $3.1B | $2.2B |
| 2017 | $168.1M | $15.8M | $142.5M | $3B | $2.5B |
| 2016 | $76.9M | $450.2K | $179.7M | $2.9B | $2.4B |
| 2015 | $306.2M | $357.7K | $162.7M | $3.2B | $2.5B |
| 2014 | $342M | $568.7K | $149.9M | $3.2B | $2.5B |
| 2013 | $245.7M | $1.2M | $157M | $2.7B | $2.2B |
| 2012 | $316.5M | $540.2K | $110.1M | $2.6B | $2.1B |
| 2011 | $378.4M | $51M | $118.8M | $2.5B | $2B |
| 2022 | 990 | Data |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 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 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
Brian Dyck
Senior Director, Warf Therapeutics
$371.6K
Hrs/Wk
40
Compensation
$276.3K
Related Orgs
$0
Other
$95.2K
Patrick Cooney
Deputy General Counsel
$340K
Hrs/Wk
40
Compensation
$273.7K
Related Orgs
$0
Other
$66.3K
| 2 |
| $24K |
| $0 |
| $0 |
| $24K |
| Mary Haak-Frendscho | Trustee | 2 | $28K | $0 | $0 | $28K |
| Paul Leff | Trustee | 2 | $24K | $0 | $0 | $24K |
| Rebecca House | Trustee | 2 | $24K | $0 | $0 | $24K |
| Stephen Petersen | Trustee | 1 | $1,250 | $0 | $0 | $1,250 |
| Winslow Sargeant | Trustee | 2 | $27K | $15K | $0 | $42K |
James Berbee
Trustee
$27K
Hrs/Wk
2
Compensation
$27K
Related Orgs
$0
Other
$0
James Thompson
Trustee
$24K
Hrs/Wk
2
Compensation
$24K
Related Orgs
$0
Other
$0
Jennifer Mnookin
Trustee
$24K
Hrs/Wk
2
Compensation
$24K
Related Orgs
$0
Other
$0
Mary Haak-Frendscho
Trustee
$28K
Hrs/Wk
2
Compensation
$28K
Related Orgs
$0
Other
$0
Paul Leff
Trustee
$24K
Hrs/Wk
2
Compensation
$24K
Related Orgs
$0
Other
$0
Rebecca House
Trustee
$24K
Hrs/Wk
2
Compensation
$24K
Related Orgs
$0
Other
$0
Stephen Petersen
Trustee
$1,250
Hrs/Wk
1
Compensation
$1,250
Related Orgs
$0
Other
$0
Winslow Sargeant
Trustee
$42K
Hrs/Wk
2
Compensation
$27K
Related Orgs
$15K
Other
$0