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Filing year 2024

APPLIED RESEARCH INSTITUTE INC

Bloomington, Indiana·EIN 82-1443757·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$76.9M
Total assets
$47.1M
Total expenses
$68.2M
Reported officers
15
Mission

ARI WAS FORMED TO CONDUCT RESEARCH AND FOSTER REGIONAL COLLABORATION AMONG INDIANA'S RESEARCH UNIVERSITIES; LOCAL, STATE, AND FEDERAL GOVERNMENT ENTITIES; AND THE PHILANTHROPIC AND CORPORATE SECTORS IN CONNECTION WITH CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PROGRAMS INVOLVING MULTI-SPECTRAL SENSOR DATA FUSION AND SECURITY (CYBER), HIGH DENSITY ENERGY STORAGE AND MANAGEMENT, ADVANCED MATERIALS SCIENCE, AND MICROELECTRONICS TECHNOLOGY AND SECURITY, AS WELL AS OTHER TECHNOLOGICAL AND SCIENTIFIC AREAS THAT ALIGN WITH THE CAPABILITIES AND MISSION OF THE ORGANIZATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President & CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in Indiana
$502k
$540k
Base
$295k
Bonus
$144k
Other
Benefits
$32k
EVP Science & Technology
Executive Vice President
75th to 90th percentile
$416k
$448k
Base
$322k
Bonus
$32k
Other
Benefits
$31k
Svp, Innovation & Semiconductor
Senior Vice President
75th to 90th percentile
$371k
$400k
Base
$285k
Bonus
$30k
Other
Benefits
$30k
EVP Partnerships & General
Executive Vice President
75th to 90th percentile
$357k
$384k
Base
$269k
Bonus
$31k
Other
Benefits
$31k
EVP Finance & Operations - CFO
Above 90th percentilevs Community Improvement & Capacity Building peers in Indiana
$353k
$380k
Base
$282k
Bonus
$30k
Other
Benefits
$14k
Svp, Microelectronics & at
Senior Vice President
75th to 90th percentile
$351k
$377k
Base
$286k
Bonus
$30k
Other
Benefits
$10k
EVP Innovation & Strategy
Executive Vice President
75th to 90th percentile
$324k
$349k
Base
$263k
Bonus
$28k
Other
Benefits
$8k
VP Energy Storage Technologies
Board Vice President
75th to 90th percentile
$303k
$326k
Base
$250k
Bonus
Other
Benefits
$30k
SVP Intellectual Property
Senior Vice President
Median to 75th percentile
$291k
$313k
Base
$250k
Bonus
Other
Benefits
$27k
Director, Contracts
Highest Compensated Employee
75th to 90th percentile
$242k
$261k
Base
$208k
Bonus
$2k
Other
Benefits
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at APPLIED RESEARCH INSTITUTE INC equaled 0.7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
0.7%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 39%
from 2023

From $360k in 2023 to $502k in 2024.

$360k
2023
$502k
2024
In today's dollarsEst.
Up 36% in real terms$398k to $540k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 39% from 2023 to 2024, while revenue rose 39%.

$360k in 2023 to $502k in 2024.
  • Executive Vice President pay rose 20% from 2023 to 2024.
  • Senior Vice President pay rose 19% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about APPLIED RESEARCH INSTITUTE INC

What does the Chief Executive Officer of APPLIED RESEARCH INSTITUTE INC earn?

In 2024, the Chief Executive Officer of APPLIED RESEARCH INSTITUTE INC received $502,209 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at APPLIED RESEARCH INSTITUTE INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Indiana, the 2024 pay of the Chief Executive Officer at APPLIED RESEARCH INSTITUTE INC falls in the top 10%. In 2024, the highest total compensation at APPLIED RESEARCH INSTITUTE INC equaled 0.7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are APPLIED RESEARCH INSTITUTE INC's revenue and expenses?

In 2024, APPLIED RESEARCH INSTITUTE INC reported $76.9M in total revenue and $68.2M in total expenses on its IRS Form 990.

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