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Washington · Nonprofit

LIFE SCIENCE WASHINGTON INSTITUTE

LIFE SCIENCE WASHINGTON INSTITUTE (Washington) receives grants from 1 organization whose IRS filings report $6,500 to it, the largest being PERKINS COIE FOUNDATION ($6,500). 0 of them have funded it in more than one year.

Revenue FY2024
$1.1M
Funders on record
1
Grants received
$7k
Net assets
$86k
0/1 repeat funderspeak grant-dependency 2%
01What it does

What Life Science Washington Institute does

Mission

Our mission is to provide support to life science entrepreneurs and start-up companies via educational, economic and other resources crucial for their success. We want to ensure life science entrepreneurs continue to have access to the mentoring and resources they require to start and grow their companies.

As stated on its FY2024 Form 990.

Program

  1. Life Science Washington Institute aims to assist life science researchers, entrepreneurs, and companies in bridging the gap between discovery and commercialization. We do this through a broad range of activities, including mentoring services, regular educational and company showcase events, and the creation of resources pertinent to the issues associated with technology commercialization in washington state.

    $996,257 spentof which $500,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $996,257.

02The organization over time

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.

100 = 20182018 Revenue 100 ($715k) Expenses 100 ($713k) Net assets 100 ($2k)2019 Revenue 35 ($249k) Expenses 34 ($243k) Net assets 332 ($8k)2020 Revenue 37 ($263k) Expenses 31 ($220k) Net assets 2146 ($50k)2021 Revenue 36 ($254k) Expenses 34 ($243k) Net assets 2648 ($62k)2022 Revenue 42 ($300k) Expenses 43 ($307k) Net assets 2354 ($55k)2023 Revenue 141 ($1.0M) Expenses 137 ($980k) Net assets 3601 ($84k)2024 Revenue 149 ($1.1M) Expenses 149 ($1.1M) Net assets 3700 ($86k)
2018201920202021202220232024
Revenue (149)Expenses (149)Net assets (3700)Peer revenue range

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 $119k to $185k (+55%).

$75k
$117k
$92k
$153k
$119k
$185k
$141k
2018201920202021202220232024
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 86% · 2019 90% · 2020 76% · 2021 47% · 2022 58% · 2023 88% · 2024 92%. Grants only. Government contracts and fees sit inside program revenue.

100% of LIFE SCIENCE WASHINGTON INSTITUTE’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$2k
’18
$5k
’19
$42k
’20
$12k
’21
−$7k
’22
$29k
’23
$2k
’24
0.8
months of
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

Richard Giersch

Executive director

Board chair

Marc Cummings

Board chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

2018201920202021202220232024
Listed976581111
Joined·+0+0+0+8+4+2
No longer listed·211512
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

Left out of every figure on this page: $235k from one payer (the payer shares this organization's board, largest Life Science Washington). These are real filings, and they are not money LIFE SCIENCE WASHINGTON INSTITUTE raised.

From the IRS filings of LIFE SCIENCE WASHINGTON INSTITUTE’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.

Where its funders are

100% of LIFE SCIENCE WASHINGTON INSTITUTE's grant income comes from Washington funders.

WA

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.

04Its place in the field

Against its field

LIFE SCIENCE WASHINGTON INSTITUTE's revenue grew 49% between 2018 and 2024.

Operating margin0% · below the median
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Government funding LIFE SCIENCE WASHINGTON INSTITUTE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $950k on record.

Federal$950k
grants $950kcontracts $0
18
19
20
21
22
23
24
Top agencies
  • Department of Health and Human Services$500k
  • Small Business Administration$450k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LIFE SCIENCE WASHINGTON INSTITUTE

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 Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 5%Fundraising 1%

Governance

7
board members
86%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Life Science Washington · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LIFE SCIENCE WASHINGTON INSTITUTE: 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.

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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 LIFE SCIENCE WASHINGTON INSTITUTE?
LIFE SCIENCE WASHINGTON INSTITUTE (Washington) receives grants from 1 organization whose IRS filings report $6,500 to it, the largest being PERKINS COIE FOUNDATION ($6,500). 0 of them have funded it in more than one year.
How many funders does LIFE SCIENCE WASHINGTON INSTITUTE have?
IRS filings report 1 organization giving $6,500 in grants to LIFE SCIENCE WASHINGTON INSTITUTE.
Who is the largest funder of LIFE SCIENCE WASHINGTON INSTITUTE?
PERKINS COIE FOUNDATION is the largest funder on record, with $6,500 in grants. The full list of funders is on this page.
How can an organization like LIFE SCIENCE WASHINGTON INSTITUTE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 1 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