Skip to main content

Nonprofit · EIN 06-1610506

THE STANLEY MEDICAL RESEARCH INSTITUTE

Tax-exempt · ROCKVILLE, MD 20850

Financials

$4.6M$6.6M2023$6.3M$6.7M2024
Revenue Expenses · by fiscal year end
Financials of THE STANLEY MEDICAL RESEARCH INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,297,768$6,719,202-$421,434$93,256,062$190,970$93,065,092
December 31, 2023990$4,628,611$6,605,151-$1,976,540$85,710,224$221,332$85,488,892
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$16,010
Program service revenue
$0
Investment income
$6,278,668
Net gain from sales of assets
$4,499,489
Other revenue
$3,090

Expenses

Grants and similar amounts paid
$4,664,456
Compensation of officers, directors and key employees
$342,938
Other salaries and wages
$560,398
Salaries, compensation and benefits (total)
$1,045,220
Professional fundraising fees
$0
Accounting fees
$40,080
Occupancy
$432,595
Travel
$7,983
Depreciation
$25,471
Program services (functional)
$6,312,523
Management and general (functional)
$406,679

Balance sheet and other

Total assets, start of year
$85,710,224
Total assets, end of year
$93,256,062
Total liabilities, end of year
$190,970
Net assets, end of year
$93,065,092
Land, buildings and equipment
$84,754
Publicly traded securities
$38,715,943
Net assets without donor restrictions
$93,065,092
Gross receipts
$8,348,279
Employees
12
Volunteers
4
Year formed
2001
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MAREE J WEBSTER SEE SCHED LEXECUTIVE DIRECTOR
Trustee or director, Officer
40$247,855$30,904
SANGHYEON KIMASSOC. DIR. OF DATABASE MG
Highest-paid employee
40$124,030$53,790
ROBERT YOLKEN SEE SCHED OTRUSTEE
Trustee or director
5$36,000$0
E FULLER TORREY SEE SCHED OASSOCIATE DIRECTOR FOR REA
Trustee or director
24$24,616$3,563
BARBARA TORREYTRUSTEE
Trustee or director
0.1$0$0
JONATHAN STANLEYTRUSTEE
Trustee or director
0.1$0$0
MICHAEL KNABLE SEE SCHED LTRUSTEE
Trustee or director
0.1$0$0
STEVEN JONESTRUSTEE
Trustee or director
0.1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
MAREE J WEBSTER SEE SCHED LEXECUTIVE DIRECTOR
Trustee or director, Officer
40$224,382$40,078
SANGHYEON KIMASSOC. DIR. OF DATABASE MG
Highest-paid employee
40$110,127$49,679
ROBERT YOLKEN SEE SCHED OTRUSTEE
Trustee or director
5$36,000$0
E FULLER TORREY SEE SCHED OASSOCIATE DIRECTOR FOR REA
Trustee or director
24$24,660$3,049
STEVEN JONESTRUSTEE
Trustee or director
0.1$0$0
BARBARA TORREYTRUSTEE
Trustee or director
0.1$0$0
JONATHAN STANLEYTRUSTEE
Trustee or director
0.1$0$0
MICHAEL KNABLE SEE SCHED LTRUSTEE
Trustee or director
0.1$0$0

Address and contacts

Address (IRS master file)
9800MEDICAL CTR DR BI2-C, ROCKVILLE, MD 20850-6386
In care of
% MBI INC
Principal officer (990 for 2024)
MAREE J WEBSTER, 9800 MEDICAL CENTER DRIVE C-050, ROCKVILLE, MD 20850
Signed the 990
MAREE J WEBSTER, EXECUTIVE DIRECTOR
Phone
(301) 571-0760
Return prepared by
GELMAN ROSENBERG & FREEDMAN

Mission

TO FIND THE CAUSE(S) OF AND BETTER PHARMACOLOGICAL TREATMENTS FOR SCHIZOPHRENIA AND BIPOLAR DISORDER.

990 for the year ended December 31, 2024

Program accomplishments

  • INFECTIOUS AND NEUROVIROLOGY: SMRI IS THE MAJOR RESEARCH INSTITUTION IN THE WORLD FOCUSING ON INFECTIOUS AGENTS AS A POSSIBLE CAUSE OF SCHIZOPHRENIA AND BIPOLAR DISORDER. THE CENTER FOR THIS RESEARCH IS THE STANLEY LABORATORY OF DEVELOPMENTAL NEUROVIROLOGY AT JOHNS HOPKINS UNIVERSITY IN BALTIMORE. THIS LABORATORY WORKS CLOSELY WITH SMRI-FUNDED RESEARCHERS AT SEVERAL OTHER INSTITUTIONS. THE MAIN TARGETS OF THIS RESEARCH ARE TOXOPLASMA GONDII, THE HERPES FAMILY OF VIRUSES, AND ENDOGENOUS RETROVIRUSES.
    Expenses $3,214,780 · grants $3,103,505
  • TREATMENT TRIALS: DURING 2024, SMRI SUPPORTED 20 TRIALS FOR THE TREATMENT OF SCHIZOPHRENIA OR BIPOLAR DISORDER. MOST OF THESE WERE DRUGS THAT ARE AVAILABLE TO TREAT OTHER CONDITIONS AND FOR WHICH THERE WAS REASON TO BELIEVE THEY MIGHT ALSO BE EFFECTIVE FOR PSYCHIATRIC DISORDERS. IN ALMOST ALL CASES, PHARMACEUTICAL COMPANIES ARE UNLIKELY TO SUPPORT SUCH TRIALS BECAUSE THE DRUG IS ALREADY GENERIC OR CANNOT BE PATENTED. SMRI IS SUPPORTING MORE SUCH TREATMENT TRIALS THAN ANY OTHER ORGANIZATION IN THE WORLD.
    Expenses $1,522,170 · grants $1,461,946
  • NEUROPATHOLOGY: BRAIN TISSUE REPOSITORY AND NEUROPATHOLOGY LABORATORY: STORES AND PROCESSES POSTMORTEM BRAIN TISSUE, LIVER, SPLEEN, SERUM AND CSF FROM PEOPLE WITH SCHIZOPHRENIA, BIPOLAR DISORDER, MAJOR DEPRESSION AND FROM NORMAL CONTROL SUBJECTS. SAMPLES ARE MADE AVAILABLE TO SCIENTISTS AROUND THE WORLD. ALL RESEARCH DATA COLLECTED ON THE SPECIMENS IS RETURNED TO THE SMRI PUBLICALLY AVAILABLE WEB-BASED INTERACTIVE NEUROPATHOLOGY DATABASE FOR FURTHER ANALYSIS.
    Expenses $1,476,568
  • TREATMENT ADVOCACY CENTER
    Expenses $99,005 · grants $99,005

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-1610506
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H48)
Assets (IRS master file)
$93,256,062
Income (IRS master file)
$8,348,279

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,297,768$6,719,202$93,256,062IRS
990December 2023$4,628,611$6,605,151$85,710,224XML
990December 2022$4,203,285$6,508,094$78,471,572IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1610506).

Questions about THE STANLEY MEDICAL RESEARCH INSTITUTE

What is the EIN of THE STANLEY MEDICAL RESEARCH INSTITUTE?
The employer identification number (EIN) of THE STANLEY MEDICAL RESEARCH INSTITUTE is 06-1610506.
Is THE STANLEY MEDICAL RESEARCH INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to THE STANLEY MEDICAL RESEARCH INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does THE STANLEY MEDICAL RESEARCH INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE STANLEY MEDICAL RESEARCH INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE STANLEY MEDICAL RESEARCH INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE STANLEY MEDICAL RESEARCH INSTITUTE?
The 990 for the year ended December 31, 2024 names MAREE J WEBSTER.
Who are the officers and directors of THE STANLEY MEDICAL RESEARCH INSTITUTE?
The 990 for the year ended December 31, 2024 lists 8 people; 4 received compensation from the organization, the highest $247,855 (MAREE J WEBSTER SEE SCHED L, EXECUTIVE DIRECTOR).
How much revenue does THE STANLEY MEDICAL RESEARCH INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,297,768, expenses of $6,719,202 and total assets of $93,256,062 at year end.

Other nonprofits in ROCKVILLE

All nonprofits in ROCKVILLE · Maryland · Medical research