Stowers Institute For Medical Research
Stowers Institute maintains program focus amidst fluctuating revenues and declining assets, with no reported officer compensation.
EIN: 202993509 · Kansas City, MO · NTEE: H92 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $187.4M |
| Total Expenses | $49.5M |
| Program Spending | 90% |
| Net Assets | $169.6M |
| Transparency Score | 92/100 |
Is Stowers Institute For Medical Research Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stowers Institute For Medical Research directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stowers Institute For Medical Research
Stowers Institute For Medical Research (EIN: 202993509) is a nonprofit organization based in Kansas City, MO, classified under NTEE code H92. The organization reported total revenue of $187.4M and total assets of $186.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stowers Institute For Medical Research's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stowers Institute For Medical Research is a major nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41.0M |
| Total Expenses | $49.5M |
| Surplus / Deficit | $-8,465,745 |
| Total Assets | $199.2M |
| Total Liabilities | $29.6M |
| Net Assets | $169.6M |
| Operating Margin | -20.6% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 48.3 months |
Financial Health Grade: B
In 2023, Stowers Institute For Medical Research reported a deficit of $8.5M with expenses exceeding revenue, holds 48.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Stowers Institute For Medical Research's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | -45.6% | -4.7% |
| 2022 | -58.1% | +1.8% | -12.4% |
| 2021 | +63.9% | +2.8% | -17.8% |
| 2020 | -3.3% | -5.2% | -7.0% |
| 2019 | -15.1% | +6.7% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stowers Institute For Medical Research with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Stowers Institute For Medical Research allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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:
- The organization reported a deficit of $8.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no compensation is paid to officers directly from the organization's reported expenses, or it is covered by an affiliated entity, which is a highly favorable finding for resource allocation.
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 Stowers Institute For Medical Research's IRS 990 filings:
- Significant decline in total assets from $390M in 2014 to $199M in 2023 without clear explanation in provided data.
Strengths
The following positive indicators were identified for Stowers Institute For Medical Research:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Strong program focus, aligning with its NTEE code for medical research.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Significant reduction in liabilities from $135M in 2014 to $29M in 2023, improving financial stability.
Frequently Asked Questions about Stowers Institute For Medical Research
Is Stowers Institute For Medical Research a legitimate charity?
Based on AI analysis of IRS 990 filings, Stowers Institute For Medical Research (EIN: 202993509) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Stowers Institute For Medical Research spend its money?
Stowers Institute For Medical Research directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stowers Institute For Medical Research tax-deductible?
Stowers Institute For Medical Research is registered as a tax-exempt nonprofit (EIN: 202993509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Stowers Institute For Medical Research's spending goes to programs?
Stowers Institute For Medical Research directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Stowers Institute For Medical Research compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Stowers Institute For Medical Research is above average for NTEE category H92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stowers Institute For Medical Research located?
Stowers Institute For Medical Research is headquartered in Kansas City, Missouri and files with the IRS under EIN 202993509. It is classified under NTEE code H92.
How many years of IRS 990 filings does Stowers Institute For Medical Research have?
Stowers Institute For Medical Research 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 $187.4M in total revenue.
Is Stowers Institute For Medical Research a good charity?
Based on the available data, Stowers Institute appears to be a good charity. It demonstrates a strong commitment to its program services (medical research), consistently reports 0% officer compensation, and maintains a transparent filing history. The decline in assets warrants further investigation, but the reduction in liabilities is a positive sign.
Why have the assets of Stowers Institute declined significantly since 2014?
The assets have declined from $390,227,160 in 2014 to $199,176,169 in 2023. This could be due to several factors, including investment losses, strategic spending down of an endowment to fund research, or transfers to related organizations. A deeper dive into their investment returns and asset utilization strategies would be necessary to fully understand this trend.
How does Stowers Institute fund its operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that either the officers are volunteers, or their compensation is paid by a related entity (e.g., a supporting foundation or a separate management company) and not directly reported on the Institute's 990 as officer compensation, or it is included within other expense categories not specifically itemized as officer compensation.
Filing History
IRS 990 filing history for Stowers Institute For Medical Research showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stowers Institute For Medical Research's revenue has declined by 32.2%, moving from $60.6M to $41.0M. Total assets decreased by 58.1% over the same period, from $475.9M to $199.2M. Total functional expenses fell by 31.3%, from $72.1M to $49.5M. In its most recent filing year (2023), Stowers Institute For Medical Research reported a deficit of $8.5M, with expenses exceeding revenue. The organization holds $29.6M in liabilities against $199.2M in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $169.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41.0M | $49.5M | $199.2M | $29.6M | — | View 990 |
| 2022 | $48.7M | $91.0M | $209.0M | $31.7M | — | View 990 |
| 2021 | $116.4M | $89.4M | $238.5M | $17.9M | — | View 990 |
| 2020 | $71.0M | $86.9M | $290.2M | $95.6M | — | — |
| 2019 | $73.4M | $91.7M | $312.1M | $101.2M | — | View 990 |
| 2018 | $86.5M | $85.9M | $335.9M | $106.2M | — | View 990 |
| 2017 | $85.6M | $80.5M | $337.4M | $107.8M | — | View 990 |
| 2016 | $66.7M | $80.9M | $338.4M | $113.9M | — | View 990 |
| 2015 | $60.7M | $75.6M | $361.5M | $122.6M | — | View 990 |
| 2014 | $179.5M | $74.2M | $390.2M | $135.6M | — | View 990 |
| 2013 | $68.0M | $73.9M | $445.5M | $192.5M | — | View 990 |
| 2012 | $69.4M | $75.1M | $460.8M | $201.2M | — | View 990 |
| 2011 | $60.6M | $72.1M | $475.9M | $209.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41.0M, expenses of $49.5M, and assets of $199.2M (revenue -15.8% year-over-year).
- 2022: Revenue of $48.7M, expenses of $91.0M, and assets of $209.0M (revenue -58.1% year-over-year).
- 2021: Revenue of $116.4M, expenses of $89.4M, and assets of $238.5M (revenue +63.9% year-over-year).
- 2020: Revenue of $71.0M, expenses of $86.9M, and assets of $290.2M (revenue -3.3% year-over-year).
- 2019: Revenue of $73.4M, expenses of $91.7M, and assets of $312.1M (revenue -15.1% year-over-year).
- 2018: Revenue of $86.5M, expenses of $85.9M, and assets of $335.9M (revenue +1.0% year-over-year).
- 2017: Revenue of $85.6M, expenses of $80.5M, and assets of $337.4M (revenue +28.3% year-over-year).
- 2016: Revenue of $66.7M, expenses of $80.9M, and assets of $338.4M (revenue +9.9% year-over-year).
- 2015: Revenue of $60.7M, expenses of $75.6M, and assets of $361.5M (revenue -66.2% year-over-year).
- 2014: Revenue of $179.5M, expenses of $74.2M, and assets of $390.2M (revenue +164.1% year-over-year).
- 2013: Revenue of $68.0M, expenses of $73.9M, and assets of $445.5M (revenue -2.0% year-over-year).
- 2012: Revenue of $69.4M, expenses of $75.1M, and assets of $460.8M (revenue +14.6% year-over-year).
- 2011: Revenue of $60.6M, expenses of $72.1M, and assets of $475.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stowers Institute For Medical Research:
Data Sources and Methodology
This transparency report for Stowers Institute For Medical Research 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.