Illinois · Nonprofit
ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION
ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION (Illinois) receives grants from 2 organizations whose IRS filings report $78,656 to it, the largest being BIOTECHNOLOGY INNOVATION ORGANIZATION ($65,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $701k
- Funders on record
- 2
- Grants received
- $79k
- Net assets
- $242k
What Illinois Biotechnology Innovation Organization does
Mission
To make illinois and the surrounding midwest one of the world's top life sciences centers, a great place to do business, and a great place to grow new technology ventures. Ibio promotes sound policy at the local, state, and federal levels; improves its region's ability to create, attract, and retain businesses; orchestrates industry involvement to help solve america's math and science education crisis; and contributes to the well-being of people worldwide by creating new jobs, wealth, and prosperity.
As stated on its FY2024 Form 990.
Programs
Advocacy - promotes sound policy development at the local, state, and federal levels and annually honors elected and appointed government officials who have made valuable contributions to biotechnology.
Membership - builds community by providing opportunities to connect and engage with the biotechnology industry.
Education - hosts a variety of events, including seminars, courses, and roundtables, that focus on education, networking, industry developments, and best practices in biotechnology.
Publications - provides biotechnology news and updates on its website and publishes editorials, information on industry developments, best practice articles, and stories of success in biotechnolgy through its biological quarterly magazine.
The 4 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $540k to $709k (+31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
0% of ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
John Conrad
President & CEO
As listed on its FY2024 Form 990.
Who funds it, year by year
2022 → 2023: the base held at 1 funder, grant income rose $15k → $25k.
From the IRS filings of ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION.
Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION draws 100% of its grant income from funders outside Illinois, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION runs a healthier operating margin than half of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION?
- ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION (Illinois) receives grants from 2 organizations whose IRS filings report $78,656 to it, the largest being BIOTECHNOLOGY INNOVATION ORGANIZATION ($65,000). 1 of them have funded it in more than one year.
- How many funders does ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION have?
- IRS filings report 2 organizations giving $78,656 in grants to ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION, 1 of which have funded it in more than one year.
- Who is the largest funder of ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION?
- BIOTECHNOLOGY INNOVATION ORGANIZATION is the largest funder on record, with $65,000 in grants. The full list of funders is on this page.
- How can an organization like ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Illinois Biotechnology Innovation Organization →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing