Masonic Medical Research Laboratory

Masonic Medical Research Laboratory consistently reports 0% officer compensation despite fluctuating revenues and occasional operational deficits.

EIN: 135648611 · Utica, NY · NTEE: H920 · Updated: 2026-03-28

$18.7MRevenue
$10.1MGross Revenue
$41.7MAssets
85/100Mission Score (Excellent)
H920

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Masonic Medical Research Laboratory Financial Summary
MetricValue
Total Revenue$18.7M
Total Expenses$10.4M
Program Spending90%
CEO/Top Officer Pay$40
Net Assets$36.8M
Transparency Score85/100

Search Intent Cockpit

Masonic Medical Research Laboratory Form 990, Revenue, CEO Pay, and IRS Filing Signals

Masonic Medical Research Laboratory is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Masonic Medical Research Laboratory in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $8.1M and expenses of $10.4M.

Revenue and Expenses

Masonic Medical Research Laboratory reported $8.1M in revenue and $10.4M in expenses, a deficit of $2.3M.

Executive Compensation

Top officer compensation appears as $40 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Masonic Medical Research Laboratory Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Masonic Medical Research Laboratory Expense Deployment
Program services$9.4M (90%)

Across stored filings, Masonic Medical Research Laboratory shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Masonic Medical Research Laboratory Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Category H context

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Masonic Medical Research Laboratory directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Masonic Medical Research Laboratory

Masonic Medical Research Laboratory (EIN: 135648611) is a nonprofit organization based in Utica, NY, classified under NTEE code H920. The organization reported total revenue of $18.7M and total assets of $41.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Masonic Medical Research Laboratory's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

77Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Masonic Medical Research Laboratory is a large nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$8.1M
Total Expenses$10.4M
Surplus / Deficit$-2,333,340
Total Assets$43.9M
Total Liabilities$7.1M
Net Assets$36.8M
Operating Margin-28.9%
Debt-to-Asset Ratio16.1%
Months of Reserves50.6 months

Financial Health Grade: B

In 2023, Masonic Medical Research Laboratory reported a deficit of $2.3M with expenses exceeding revenue, holds 50.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Masonic Medical Research Laboratory's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+94.6%+11.1%-15.2%
2022-59.8%+0.2%-6.4%
2021+47.2%+2.5%+6.4%
2020-10.6%+16.4%-1.4%
2019-7.6%+56.6%+11.4%

IRS Tax-Exempt Classification

IRS Classification Codes8000
IRS Ruling Date1949

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Masonic Medical Research Laboratory demonstrates a commitment to its mission of medical research, as evidenced by its NTEE code H920 (Medical Research). The organization's financial health shows some volatility in recent years. For instance, in 2023, expenses of $10,416,649 exceeded revenue of $8,083,309, leading to a deficit. This trend of expenses exceeding revenue is also observed in 2022 ($9,376,509 expenses vs. $4,154,431 revenue) and 2020 ($9,134,205 expenses vs. $7,024,223 revenue). However, the organization maintains substantial assets, reported at $43,915,688 in 2023, which provides a buffer against these operational deficits. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for transparency and efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Masonic Medical Research Laboratory with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Masonic Medical Research Laboratory allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$8.1MTotal Revenue
$10.4MTotal Expenses
$43.9MTotal Assets
$7.1MTotal Liabilities
$36.8MNet Assets
  • The organization reported a deficit of $2.3M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 16.1%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of its size with assets exceeding $40 million and annual expenses often over $9 million, suggesting either a fully volunteer leadership or compensation being covered by an external entity, which warrants further investigation for complete transparency.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Masonic Medical Research Laboratory's IRS 990 filings:

  • Recurring operational deficits (e.g., 2023, 2022, 2020) where expenses exceeded revenue.
  • Unusually consistent 0% officer compensation for an organization of this size, which may obscure true leadership costs if compensated externally.

Strengths

The following positive indicators were identified for Masonic Medical Research Laboratory:

  • Consistent reporting of 0% officer compensation, indicating a strong commitment to mission-focused spending.
  • Substantial asset base ($43,915,688 in 2023) providing financial stability.
  • Strong asset-to-liability ratio, indicating good financial health in terms of solvency.

Frequently Asked Questions about Masonic Medical Research Laboratory

Is Masonic Medical Research Laboratory a legitimate charity?

Masonic Medical Research Laboratory (EIN: 135648611) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $18.7M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Masonic Medical Research Laboratory spend its money?

Masonic Medical Research Laboratory directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Masonic Medical Research Laboratory tax-deductible?

Masonic Medical Research Laboratory is registered as a tax-exempt nonprofit (EIN: 135648611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Masonic Medical Research Laboratory CEO make?

Masonic Medical Research Laboratory's highest-compensated officer earns $40 annually. The organization reported $18.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Masonic Medical Research Laboratory's spending goes to programs?

Masonic Medical Research Laboratory directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Masonic Medical Research Laboratory compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Masonic Medical Research Laboratory is above average for NTEE category H920 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Masonic Medical Research Laboratory located?

Masonic Medical Research Laboratory is headquartered in Utica, New York and files with the IRS under EIN 135648611. It is classified under NTEE code H920.

How many years of IRS 990 filings does Masonic Medical Research Laboratory have?

Masonic Medical Research Laboratory has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $18.7M in total revenue.

Is Masonic Medical Research Laboratory a good charity?

Based on the available data, the organization appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, suggesting a strong dedication to its mission. However, the recurring operational deficits in recent years (e.g., 2023, 2022, 2020) warrant closer examination of its long-term financial sustainability.

How does the organization fund its operations given the 0% officer compensation?

The 0% officer compensation is highly unusual for an organization of this scale. It suggests that either the leadership is entirely volunteer, or their compensation is covered by an affiliated entity or through other means not reported on the 990 as direct officer compensation. This practice, while seemingly efficient, could obscure the true cost of leadership.

What is the trend in the organization's financial health?

The organization's financial health shows volatility. While it has substantial assets (over $40 million in 2023), it has experienced several years where expenses exceeded revenue, such as in 2023 ($10.4M expenses vs. $8.0M revenue) and 2022 ($9.3M expenses vs. $4.1M revenue). This indicates a reliance on reserves or other funding sources to cover operational costs in some periods.

Are the assets sufficient to cover liabilities?

Yes, the organization's assets significantly exceed its liabilities. In 2023, assets were $43,915,688 while liabilities were $7,077,330, indicating a strong balance sheet and financial stability in terms of asset-to-liability ratio.

Filing History

IRS 990 filing history for Masonic Medical Research Laboratory showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Masonic Medical Research Laboratory's revenue has grown by 99.4%, moving from $4.1M to $8.1M. Total assets increased by 26.6% over the same period, from $34.7M to $43.9M. Total functional expenses rose by 155.3%, from $4.1M to $10.4M. In its most recent filing year (2023), Masonic Medical Research Laboratory reported a deficit of $2.3M, with expenses exceeding revenue. The organization holds $7.1M in liabilities against $43.9M in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $36.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $8.1M $10.4M $43.9M $7.1M View 990
2022 $4.2M $9.4M $51.8M $12.5M
2021 $10.3M $9.4M $55.3M $13.1M View 990
2020 $7.0M $9.1M $52.0M $13.0M
2019 $7.9M $7.8M $52.7M $11.9M View 990
2018 $8.5M $5.0M $47.3M $11.1M View 990
2017 $2.0M $3.3M $40.7M $5.0M View 990
2016 $2.8M $3.3M $35.1M $336K View 990
2015 $3.3M $4.5M $35.7M $466K View 990
2014 $6.3M $4.8M $39.4M $386K View 990
2013 $3.9M $4.5M $39.9M $321K View 990
2012 $6.3M $4.5M $37.8M $349K View 990
2011 $4.1M $4.1M $34.7M $257K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $8.1M, expenses of $10.4M, and assets of $43.9M (revenue +94.6% year-over-year).
  • 2022: Revenue of $4.2M, expenses of $9.4M, and assets of $51.8M (revenue -59.8% year-over-year).
  • 2021: Revenue of $10.3M, expenses of $9.4M, and assets of $55.3M (revenue +47.2% year-over-year).
  • 2020: Revenue of $7.0M, expenses of $9.1M, and assets of $52.0M (revenue -10.6% year-over-year).
  • 2019: Revenue of $7.9M, expenses of $7.8M, and assets of $52.7M (revenue -7.6% year-over-year).
  • 2018: Revenue of $8.5M, expenses of $5.0M, and assets of $47.3M (revenue +324.6% year-over-year).
  • 2017: Revenue of $2.0M, expenses of $3.3M, and assets of $40.7M (revenue -27.7% year-over-year).
  • 2016: Revenue of $2.8M, expenses of $3.3M, and assets of $35.1M (revenue -15.6% year-over-year).
  • 2015: Revenue of $3.3M, expenses of $4.5M, and assets of $35.7M (revenue -47.9% year-over-year).
  • 2014: Revenue of $6.3M, expenses of $4.8M, and assets of $39.4M (revenue +61.6% year-over-year).
  • 2013: Revenue of $3.9M, expenses of $4.5M, and assets of $39.9M (revenue -38.5% year-over-year).
  • 2012: Revenue of $6.3M, expenses of $4.5M, and assets of $37.8M (revenue +56.6% year-over-year).
  • 2011: Revenue of $4.1M, expenses of $4.1M, and assets of $34.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Masonic Medical Research Laboratory:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Masonic Medical Research Laboratory is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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