University of Kansas Medical Center Research Institute

Nonprofit profile at a glance

EIN
481108830
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Kansas City, KS, USA
Phone
9135881261
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$252,324,428
Expenses
$226,737,125
Assets
$228,520,139
Liabilities
$37,954,162

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • RUTH SOSNOFF (EXECUTIVE DIRECTOR, STRATEGIC INITIATIVES)

Highest reported compensation

  • DOUG GIROD (DIRECTOR): $1,071,548 total reported compensation
  • AKINLOLU OJO (FORMER DIRECTOR): $808,876 total reported compensation
  • DAVID VRANICAR (DIRECTOR): $574,916 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Supports the research activities of the University of Kansas Medical Center. Your gift to the University of Kansas Medical center lays the groundwork for shaping the next generation of compassionate health care professionals pursuing careers throughout Kansas and beyond. Our most important priority is to support faculty, students, patients and researchers, who are at the heart of our aspirations and the engine for our future. On their behalf, we thank you for your generosity. Give Now About KU Endowment. We use cookies to analyze our traffic & provide social media features. Visit the KU Medical Center Privacy Statement for more information. By closing this window & browsing this site, you agree to our use of cookies.

What it reported doing in 2024

The research institute was established in 1992 to promote, support, and enhance medical research for the benefit of the public by administering funded research projects on behalf of the university of Kansas medical center (kumc). The research institute's objectives are to: 1) serve kumc by promoting and operating at the highest level of administrative and financial honesty and integrity, 2) foster individual consortia partnerships between kumc researchers and national, regional and local research bio-medical communities, 3) enhance revenue to researchers and the university through the transfer of research discoveries and other information to the private sector; and 4) facilitate cooperative research interactions domestically and internationally between the kumc and corporations, and with other research centers throughout the greater Kansas city metropolitan area.

Operating model

Revenue model
Other-operating. 94% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 90% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 71
  • Accountability: 42
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.8%; rating input score 81
  • Program expense ratio: 89.5%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 99.6%; rating input score 100; 42nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.1%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 1.01; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 1.1%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 10.3% per year; rating input score 100; 71st percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site
  • Where the money goes: 80.8% of revenue deployed · 89.5% of spending went to programs
  • Governance: 0 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $203M in reported program spending
  • Leadership: top reported pay $1.1M · 22 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $2M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 12 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.