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Filing year 2024

THE MORGRIDGE INSTITUTE FOUNDATION INC

Madison, Wisconsin·EIN 82-2760376·NTEE H11 · Medical Research·501(c)(3)
Total revenue
$84.9M
Total assets
$597.6M
Total expenses
$24.7M
Reported officers
18
Mission

THE MORGRIDGE INSTITUTE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE MORGRIDGE INSTITUTE FOR RESEARCH, INC., A TAX-EXEMPT 501(C)3 MEDICAL RESEARCH ORGANIZATION AFFILIATED WITH THE UNIVERSITY OF WISCONSIN - MADISON.THE FOUNDATION ADMINISTERS GIFTS, GRANTS, BEQUESTS, AND DEVISES TO PROMOTE, ENCOURAGE, AND AID THE MISSION AND VISION OF THE INSTITUTE, WHICH IS TO SOLVE MAJOR CHALLENGES TO HUMAN HEALTH BY CONDUCTING, ENABLING, AND TRANSLATING INNOVATIVE, INTERDISCIPLINARY BIOMEDICAL RESEARCH IN PARTNERSHIP WITH THE UNIVERSITY OF WISCONSIN - MADISON AND OTHERS, BY LEVERAGING OUR COLLECTIVE STRENGTH IN RESEARCH.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.

Ceo/trustee
Officer (Unspecified)
$53k
$57k
Cfo/coo/treasurer
25th percentile to median
$50k
$54k
Chief Communications Off./secretary
Secretary (Operational)
25th percentile to median
$49k
$52k

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 15 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE MORGRIDGE INSTITUTE FOUNDATION INC equaled 0.2% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2024)
0.2%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 5%
from 2023

From $51k in 2023 to $53k in 2024.

$51k
2023
$53k
2024
In today's dollarsEst.
Up 2% in real terms$56k to $57k

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 Financial Officer pay rose 3% from 2023 to 2024, while revenue rose 92%.

$49k in 2023 to $50k in 2024.
  • Secretary (Operational) pay rose 1% 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.
Financial trend

Revenue and expenses over time

THE MORGRIDGE INSTITUTE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$44.2M
$21.8M
2023
$84.9M
$24.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Medical Research executives earn

Comparable medical research organizations nationwide pay their highest-earning executive a median of $120,264.

25th percentile
$48k
Median
$120,264
75th percentile
$252k
90th percentile
$466k

These are medical research sector-wide figures, not this organization's reported pay. Based on 1,118 organizations across 1,118 filings (2020 – 2024).

See full Medical Research compensation data
FAQ

Common questions about THE MORGRIDGE INSTITUTE FOUNDATION INC

What does the Chief Financial Officer of THE MORGRIDGE INSTITUTE FOUNDATION INC earn?

In 2024, the Chief Financial Officer of THE MORGRIDGE INSTITUTE FOUNDATION INC received $50,205 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Medical Research organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at THE MORGRIDGE INSTITUTE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Medical Research organizations nationwide, the 2024 pay of the Chief Financial Officer at THE MORGRIDGE INSTITUTE FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE MORGRIDGE INSTITUTE FOUNDATION INC equaled 0.2% of the organization's total expenses. The median for medical research organizations is 10%.

What are THE MORGRIDGE INSTITUTE FOUNDATION INC's revenue and expenses?

In 2024, THE MORGRIDGE INSTITUTE FOUNDATION INC reported $84.9M in total revenue and $24.7M in total expenses on its IRS Form 990.

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