Nonprofit · EIN 47-3355381
PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY
Tax-exempt · SAN FRANCISCO, CA 94129
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $180,131,815 | $53,795,577 | $126,336,238 | $285,156,429 | $8,671,312 | $276,485,117 |
| December 31, 2024 | 990 | $66,947,169 | $54,471,034 | $12,476,135 | $223,870,654 | $38,432,216 | $185,438,438 |
| December 31, 2023 | 990 | $23,662,636 | $42,903,351 | -$19,240,715 | $255,027,743 | $52,813,770 | $202,213,973 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $175,140,008
- Program service revenue
- $1,240,750
- Investment income
- $3,466,352
- Royalties
- $284,705
- Net gain from sales of assets
- $1,042
- Other revenue
- $284,705
Expenses
- Grants and similar amounts paid
- $3,623,255
- Compensation of officers, directors and key employees
- $2,707,897
- Other salaries and wages
- $6,961,962
- Salaries, compensation and benefits (total)
- $11,188,563
- Professional fundraising fees
- $0
- Legal fees
- $3,245,104
- Accounting fees
- $379,762
- Occupancy
- $1,617,210
- Travel
- $804,068
- Program services (functional)
- $46,776,153
- Management and general (functional)
- $6,552,383
- Fundraising (functional)
- $467,041
Balance sheet and other
- Total assets, start of year
- $223,870,654
- Total assets, end of year
- $285,156,429
- Total liabilities, end of year
- $8,671,312
- Net assets, end of year
- $276,485,117
- Net assets without donor restrictions
- $243,998,841
- Net assets with donor restrictions
- $32,486,276
- Gross receipts
- $180,131,815
- Employees
- 31
- Volunteers
- 20
- Year formed
- 2015
- State of legal domicile
- CA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TARAK MODY | CHIEF BUSINESS OFF. THRU 8/25 Highest-paid employee | 40 | $791,771 | $94,692 |
| JOHN CONNOLLY PHD | CHIEF SCIENTIFIC OFFICER Key employee | 40 | $703,149 | $75,026 |
| KAREN E KNUDSEN COSTELLO | CEO AS OF 03/2025 Trustee or director, Officer | 40 | $655,478 | $58,978 |
| KEVIN MARKS | CHIEF LEGAL OFFICER Key employee | 40 | $623,269 | $75,194 |
| CHRIS CABANSKI THRU 1225 | SR DIR, NETWORK CLIN. RESEARCH Highest-paid employee | 40 | $314,624 | $200,315 |
| SARA COBLIN | SR VP FINANCE & ADMIN. Key employee | 40 | $444,632 | $51,918 |
| SHANE CORCORAN | SENIOR VP, STRAT. OPS. & COMMS Highest-paid employee | 40 | $441,686 | $32,245 |
| MARKO SPASIC | SR MEDICAL DIR, HEAD OF MED Highest-paid employee | 40 | $398,778 | $21,808 |
| CHRISTEN DIPETRILLO | HEAD OF INTELLECTUAL PROPERTY Highest-paid employee | 40 | $330,222 | $74,541 |
| SEAN N PARKER | CHAIR OF THE BOARD & DIRECTOR Trustee or director, Officer | 5 | $0 | $0 |
| MICHAEL POLANSKY | EXECUTIVE VP & DIRECTOR Trustee or director, Officer | 5 | $0 | $0 |
| TOM VAN LOBEN SELS | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| JEFFREY A BLUESTONE PHD | VICE CHAIR & DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY COLES MD | DIRECTOR THRU 10/25 Trustee or director | 0.8 | $0 | $0 |
| ERIC ESRAILIAN MD MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT GOTTLIEB MD | DIRECTOR Trustee or director | 1 | $0 |
| BEN HOROWITZ | DIRECTOR Trustee or director | 1 | $0 |
| JEFF HUBER | DIRECTOR Trustee or director | 1 | $0 |
| BOB HUGIN | DIRECTOR Trustee or director | 1 | $0 |
| REED JOBS | DIRECTOR Trustee or director | 1 | $0 |
| BOB NELSEN | DIRECTOR Trustee or director | 1 | $0 |
| BRUCE PARKER PHD | DIRECTOR Trustee or director | 1 | $0 |
| BOB PITTMAN | DIRECTOR Trustee or director | 1 | $0 |
| RAMY IBRAHIM MD | DIRECTOR THRU 10/25 Trustee or director | 0.8 | $0 |
| MARGO GEORGIADIS | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN DAWSON | SECRETARY Officer | 5 | $0 |
990 for the year ended December 31, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN CONNOLLY PHD | CHIEF SCIENTIFIC OFFICER Key employee | 40 | $855,710 | $71,836 |
| KEVIN MARKS | CHIEF LEGAL OFFICER Key employee | 40 | $840,863 | $72,056 |
| UTE DUGAN MD | CHIEF MED. OFFICER THRU 6/24 Highest-paid employee | 20 | $715,023 | $105,296 |
| TARAK MODY | CHIEF BUSINESS OFFICER Highest-paid employee | 40 | $632,310 | $71,836 |
| SHANE CORCORAN | SENIOR VP, STRAT. OPS. & COMMS Highest-paid employee | 40 | $669,429 | $30,971 |
| SARA COBLIN | SR VP FINANCE & ADMIN. Key employee | 40 | $564,812 | $49,885 |
| MARKO SPASIC | SR MEDICAL DIR, HEAD OF MED Highest-paid employee | 40 | $418,090 | $9,159 |
| CHRISTEN DIPETRILLO | HEAD OF INTELLECTUAL PROPERTY Highest-paid employee | 40 | $354,287 | $72,064 |
| SEAN N PARKER | CHAIR OF THE BOARD & DIRECTOR Trustee or director, Officer | 5 | $0 | $0 |
| MICHAEL POLANSKY | EXECUTIVE VP & DIRECTOR Trustee or director, Officer | 5 | $0 | $0 |
| TOM VAN LOBEN SELS | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| JEFFREY A BLUESTONE PHD | VICE CHAIR & DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY COLES MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC ESRAILIAN MD MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT GOTTLIEB MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN HOROWITZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF HUBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOB HUGIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REED JOBS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOB NELSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRUCE PARKER PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOB PITTMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAMY IBRAHIM MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARGO GEORGIADIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN DAWSON | SECRETARY Officer | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| UTE DUGAN MD | CHIEF MEDICAL OFFICER Key employee | 40 | $789,156 | $55,067 |
| JOHN CONNOLLY PHD | CHIEF SCIENTIFIC OFFICER Key employee | 40 | $763,765 | $53,749 |
| KEVIN MARKS | CHIEF LEGAL OFFICER Highest-paid employee | 40 | $559,373 | $114,899 |
| TARAK MODY | CHIEF BUSINESS OFFICER Highest-paid employee | 40 | $614,960 | $54,899 |
| SHANE CORCORAN | SENIOR VP, STRAT. OPS. & COMMS Highest-paid employee | 40 | $547,440 | $41,286 |
| SARA COBLIN | SR VP FINANCE & ADMIN. Key employee | 40 | $548,044 | $38,646 |
| MARKO SPASIC | SR MEDICAL DIR, HEAD OF MED Highest-paid employee | 40 | $476,280 | $15,180 |
| CHRIS CABANSKI | SR DIR, NETWORK CLINICAL RES. Highest-paid employee | 40 | $355,867 | $41,334 |
| SEAN N PARKER | CHAIR OF THE BOARD & DIRECTOR Trustee or director, Officer | 5 | $0 | $0 |
| MICHAEL POLANSKY | EXECUTIVE VP & DIRECTOR Trustee or director, Officer | 5 | $0 | $0 |
| TOM VAN LOBEN SELS | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| JEFFREY A BLUESTONE PHD | VICE CHAIR & DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY COLES MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC ESRAILIAN MD MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT GOTTLIEB MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN HOROWITZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF HUBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOB HUGIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REED JOBS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOEL MARCUS | DIRECTOR THRU 3/23 Trustee or director | 0.25 | $0 | $0 |
| BOB NELSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRUCE PARKER PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOB PITTMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAMY IBRAHIM MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARGO GEORGIADIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN DAWSON | SECRETARY Officer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 LETTERMAN DR STE D3500, SAN FRANCISCO, CA 94129-1504
- In care of
- % SARA COBLIN
- Principal officer (990 for 2025)
- SEAN PARKER, 1 LETTERMAN DRIVE D3500, SAN FRANCISCO, CA 94129
- Signed the 990
- KAREN E KNUDSEN COSTELLO, CEO
- Phone
- (415) 930-4386
- Website
- WWW.PARKERICI.ORG
- Return prepared by
- PwC US Tax LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 47-3355381 or by the name PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY'S (PICI) MISSION IS TO DEVELOP AND ACCELERATE ACCESS TO BREAKTHROUGH CANCER THERAPIES, CURATING INNOVATION FROM DISCOVERY TO PATIENT ACCESS.
Program accomplishments
- PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY (PICI) ENCOURAGES ADVANCES IN CANCER IMMUNOTHERAPY RESEARCH, COLLABORATION, AND DISCOVERY, AND THE TRANSLATION OF THESE ADVANCES INTO CURES AND TREATMENTS FOR THE BENEFIT OF PATIENTS. TO DO THIS, PICI PARTNERS WITH ITS CONSORTIUM OF PREEMINENT HOSPITALS AND ACADEMIC RESEARCH CENTERS TO CONDUCT ITS DISCOVERY AND CLINICAL RESEARCH AND PROVIDES ITS PARTNERS WITH SHARED RESEARCH RESOURCES, SUCH AS SCIENTIFIC EQUIPMENT, CONSUMABLES, BIOINFORMATICS ANALYSIS, AND A SPECIMEN BIOBANK. PICI ALSO FUNDS AND OTHERWISE SUPPORTS CANCER IMMUNOTHERAPY RESEARCH WITHIN ITS CONSORTIUM.Expenses $46,776,153 · grants $3,623,255 · revenue $1,240,750
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-3355381
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E12)
- Assets (IRS master file)
- $285,156,429
- Income (IRS master file)
- $180,131,815
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $180,131,815 | $53,795,577 | $285,156,429 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $66,947,169 | $54,471,034 | $223,870,654 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $23,662,636 | $42,903,351 | $255,027,743 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $32,769,137 | $62,241,652 | $307,154,607 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 47-3355381).
Questions about PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY
- What is the EIN of PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY?
- The employer identification number (EIN) of PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY is 47-3355381.
- Is PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY 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 PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY?
- The 990 for the year ended December 31, 2025 names SEAN PARKER.
- Who are the officers and directors of PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY?
- The 990 for the year ended December 31, 2025 lists 26 people; 9 received compensation from the organization, the highest $791,771 (TARAK MODY, CHIEF BUSINESS OFF. THRU 8/25).
- How much revenue does PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $180,131,815, expenses of $53,795,577 and total assets of $285,156,429 at year end.
Other nonprofits in SAN FRANCISCO
- DIGNITY HEALTH EIN 94-1196203 · last filed 990 for 2025
- DELTA DENTAL OF CALIFORNIA EIN 94-1461312 · last filed 990 for 2024
- UCSF HEALTH COMMUNITY HOSPITALS EIN 94-1156295 · last filed 990 for 2025
- ON LOK SENIOR HEALTH SERVICE EIN 94-2162549 · last filed 990 for 2025
- LEXINGTON MEDICAL CENTER EIN 56-0543238 · last filed 990 for 2024
- CHINESE HOSPITAL ASSOCIATION EIN 94-0382780 · last filed 990 for 2024
- FAMILY HOUSE INC EIN 94-2722663 · last filed 990 for 2024
- MISSION AREA HEALTH ASSOCIATES DBA MISSION NEIGHBORHOOD HEALTH CENTER EIN 94-2284365 · last filed 990 for 2024