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Nonprofit · EIN 73-1328881

LAUREATE INSTITUTE FOR BRAIN RESEARCH INC

Tax-exempt · TULSA, OK 74136

Financials

$16.1M$15.6M2023$17.9M$17.8M2024
Revenue Expenses · by fiscal year end
Financials of LAUREATE INSTITUTE FOR BRAIN RESEARCH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$17,878,231$17,771,680$106,551$29,277,459$8,448,132$20,829,327
December 31, 2023990$16,100,346$15,647,048$453,298$24,497,837$4,518,150$19,979,687
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$16,995,364
of which government grants
$9,829,091
Program service revenue
$227,507
Investment income
$654,795
Net gain from sales of assets
$248,636
Other revenue
$565

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,479,164
Other salaries and wages
$6,042,474
Salaries, compensation and benefits (total)
$8,746,259
Professional fundraising fees
$0
Legal fees
$130,678
Accounting fees
$171,837
Occupancy
$501,124
Travel
$298,033
Depreciation
$1,254,892
Program services (functional)
$12,719,887
Management and general (functional)
$5,051,793

Balance sheet and other

Total assets, start of year
$24,497,837
Total assets, end of year
$29,277,459
Total liabilities, end of year
$8,448,132
Net assets, end of year
$20,829,327
Land, buildings and equipment
$4,647,808
Publicly traded securities
$21,430,892
Net assets without donor restrictions
$5,293,180
Net assets with donor restrictions
$15,536,147
Gross receipts
$21,042,119
Employees
0
Volunteers
18
Year formed
1988
State of legal domicile
OK

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
MARTIN PAULUS MDPRES. & SCIENTIFIC DIRECTOR
Trustee or director, Officer
40$683,781$40,751
COLLEEN MCCALLUMVICE PRESIDENT & COO
Officer
40$396,463$30,105
MICHAEL ROHAN PHDDIRECTOR, LIBR MRI FACILITY /CHIEF TECH OFFICER
Officer
40$285,444$42,618
SALVADOR GUINJOAN MD PHDSCIENTIST, RESEARCH CORE
Highest-paid employee
40$233,623$36,172
EVAN WHITE PHDPRINCIPAL INVESTIGATOR
Highest-paid employee
40$212,292$37,723
SAHIB KHALSA MD PHDPHYSICIAN
Highest-paid employee
40$175,942$29,490
PENNY OLAYACONTROLLER
Highest-paid employee
40$163,197$21,215
RAYUS KUPLICKI PHDDATA ANALYTICS LEAD
Highest-paid employee
40$158,089$19,839
THOMAS E COOPERDIRECTOR AND CEO
Trustee or director, Officer
10$0$0
CLIFF A ROBERTSON MDDIRECTOR
Trustee or director
1$0$0
JOHN-KELLY C WARRENCHAIRMAN
Trustee or director
1$0$0
LINDA THOMPSONDIRECTOR (As of 05/2024)
Trustee or director
1$0$0
MATT MEYER MDDIRECTOR
Trustee or director
1$0$0
PATRICK A MCKEE MDDIRECTOR (UNTIL 02/2024)
Trustee or director
1$0$0
JULIANNA P DUVALLSECRETARY
Officer
0$0$0
1 more people on this return
NameTitleHours / weekCompensation
JUSTIN PIERCETREASURER
Officer
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
MARTIN PAULUS MDPRES. & SCIENTIFIC DIRECTOR
Trustee or director, Officer
40$560,519$40,428
COLLEEN MCCALLUMVICE PRESIDENT & COO
Officer
40$371,440$30,192
SAHIB KHALSA MD PHDPHYSICIAN
Highest-paid employee
40$308,168$62,188
MICHAEL ROHAN PHDCHIEF TECH OFFICER
Officer
40$295,040$32,420
SALVADOR GUINJOAN MD PHDSCIENTIST, RESEARCH CORE
Highest-paid employee
40$211,789$34,070
EVAN WHITE PHDPRINCIPAL INVESTIGATOR
Highest-paid employee
40$178,191$36,332
RAYUS KUPLICKI PHDDATA ANALYTICS LEAD
Highest-paid employee
40$148,000$19,530
RYAN SMITH PHDPRINCIPAL INVESTIGATOR
Highest-paid employee
40$142,107$14,680
THOMAS E COOPERDIRECTOR AND CEO
Trustee or director, Officer
10$0$0
CLIFF A ROBERTSON MDDIRECTOR
Trustee or director
1$0$0
JOHN-KELLY C WARRENCHAIRMAN
Trustee or director
1$0$0
MATT MEYER MDDIRECTOR (AS OF 07/20/2023)
Trustee or director
1$0$0
PATRICK A MCKEE MDDIRECTOR
Trustee or director
1$0$0
WILLIAM R YATES MDDIRECTOR (UNTIL 01/19/2023)
Trustee or director
1$0$0
JULIANNA P ADAMSSECRETARY
Officer
0$0$0
JUSTIN PIERCETREASURER (AS OF 07/20/2023)
Officer
1$0$0
PAM A GLENNTREASURER (UNTIL 07/19/2023)
Officer
1$0$0

Address and contacts

Address (IRS master file)
6655 S YALE AVE, TULSA, OK 74136-3326
In care of
% COLLEEN MCCALLUM
Principal officer (990 for 2024)
COLLEEN MCCALLUM, 6655 S YALE AVE, TULSA, OK 74136
Signed the 990
COLLEEN MCCALLUM, COO
Phone
(918) 502-5165
Return prepared by
ERNST & YOUNG US LLP

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • LAUREATE INSTITUTE FOR BRAIN RESEARCH (LIBR) IS A MULTIDISCIPLINARY RESEARCH PROGRAM AIMED AT ILLUMINATING THE PATHOPHYSIOLOGY OF NEUROPSYCHIATRIC DISORDERS. LIBR AIMS TO DEVELOP NOVEL THERAPEUTICS, CURES AND PREVENTIONS TO IMPROVE THE WELL-BEING OF PERSONS WHO SUFFER FROM OR ARE AT RISK FOR NEUROPSYCHIATRIC ILLNESS. LIBR FOSTERS COLLABORATION AMONG SCIENTISTS, CLINICIANS, AND INSTITUTIONS ENGAGED IN RESEARCH THAT ENHANCES WELLNESS AND ALLEVIATES SUFFERING FROM MENTAL ILLNESS.
    Expenses $12,719,887 · revenue $227,507

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
73-1328881
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
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Social science (V23Z)
Assets (IRS master file)
$29,277,459
Income (IRS master file)
$21,042,119

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$17,878,231$17,771,680$29,277,459IRS
990December 2023$16,100,346$15,647,048$24,497,837XML
990December 2022$17,156,701$14,462,531$22,973,821IRS
990December 2021–––IRS
990December 2020–––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 73-1328881).

Questions about LAUREATE INSTITUTE FOR BRAIN RESEARCH INC

What is the EIN of LAUREATE INSTITUTE FOR BRAIN RESEARCH INC?
The employer identification number (EIN) of LAUREATE INSTITUTE FOR BRAIN RESEARCH INC is 73-1328881.
Is LAUREATE INSTITUTE FOR BRAIN RESEARCH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to LAUREATE INSTITUTE FOR BRAIN RESEARCH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAUREATE INSTITUTE FOR BRAIN RESEARCH INC 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 LAUREATE INSTITUTE FOR BRAIN RESEARCH INC 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 LAUREATE INSTITUTE FOR BRAIN RESEARCH INC 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 LAUREATE INSTITUTE FOR BRAIN RESEARCH INC?
The 990 for the year ended December 31, 2024 names COLLEEN MCCALLUM.
Who are the officers and directors of LAUREATE INSTITUTE FOR BRAIN RESEARCH INC?
The 990 for the year ended December 31, 2024 lists 16 people; 8 received compensation from the organization, the highest $683,781 (MARTIN PAULUS MD, PRES. & SCIENTIFIC DIRECTOR).
How much revenue does LAUREATE INSTITUTE FOR BRAIN RESEARCH INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $17,878,231, expenses of $17,771,680 and total assets of $29,277,459 at year end.

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