IRS 990 Nonprofit Profile
David H Murdock Research Institute
The institute operates to support and benefit duke university and the university of nc at the nc research campus in kannapolis, nc. It was formed to further the charitable and educational purposes (primarily research and development) of these supported organizations at the campus. The institute's primary activities are: a) to acquire, own and operate an approximately 104,927 square foot core laboratory facility to promote research and development that will support advances in human nutrition, human health, agricultural crops, systems and growing processes and the production of healthful foods and other scientific research; b) to assist the supported organizations; and c) to perform scientific research (including process development research) in support of one or more of the supported organizations.
Financials
- Filing year
- 2024
- Total revenue
- $-35.9M
- Total expenses
- $2.6M
- Total assets
- $338K
- Program expenses
- $677K
- Administration
- $1.9M
- Fundraising
- $0
- Program share of expenses
- 26%
- EIN
- 208730759
- Location
- Kannapolis, NC
Leadership and Compensation
- Kristin Newby MD - Director
- $452K
- Simon G Gregory Phd - Director
- $363K
- Dr Carol Spalding - Chair
- $340K
- Kimberly Van Noort - Director
- $309K
- Suresh Balu Msmba - Program Director
- $297K
- Steven A Lommel - Director
- $247K
- Cory R Brouwer - Secratary
- $212K
- Charles Gray - Director
- $0
Officers, directors and key employees with total reported compensation, from Form 990 Part VII.
Governance
- Voting board members
- 8
- Independent members
- 2
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Financial data on this page is sourced from IRS Form 990 filings.