New York · Nonprofit
LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC
LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC (New York) receives grants from 1 organization whose IRS filings report $50,000 to it, the largest being FUZEHUB INC ($50,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $2.6M
- Funders on record
- 1
- Grants received
- $50k
- Net assets
- $15M
What Long Island High Technology Incubator Inc does
Mission
See schedule o.the long island high technology incubator (lihti) is a non-profit organization that supports and stabilizes early-stage, high-risk, high-tech businesses. We are dedicated to helping new technologically-innovative companies grow by providing them with a variety of support resources and services. In addition to its beautiful setting, lihti's location on the stony brook university campus enables the transfer of ideas from the university to the private sector. The companies that develop and grow as a result of being a part of the incubator create jobs and expand the tax base on long island and in new york state.
As stated on its FY2025 Form 990.
Programs
General incubator program - the utilization of the incubator facilities is intrinstic to the accomplishment of the organization's exempt purpose of economic development of long island and the state of new york economy. Approximately twenty-five high technology business organizations are under development in this facility. The organization enhances the success of development companies by providing space at a much lower rate as compared to the market.
$1,707,876 spentof which $24,410 as grants$2,007,188 earned by the program98% of program spendingInnovation hotspot program - the innovation hotspot program is a grant from empire state development's division of science, technology and innovation ("nystar") to lihti designating it as one of ten innovation hotspots across new york state. The purpose of the grant is to aid lihti to reach a greater number of early-stage companies. The financial support may be used for physical space, shared administrative staff, access to capital, coaching, mentoring, networking connections, prototype development, and access to other technical services. Innovation hotspots also offers tax benefits to participating companies. Lihti is specifically using the grant to reimburse qualified prototyping, intellectual property ("ip"), small business innovation research ("sbir"), and marketing expenses from participating companies and to financially support the administration of the grant and delivery of marketing and business mentoring staff services. In addition, lihti entered a subcontract with accelerate li to run the hot spot program through nystar, beginning 1/31/2023. Lihti validates companies for ali and offers mentoring and other incubation services. Ali is responsible for all of the…
$42,147 spent2% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,750,023.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2023 to 2024, from $6.1M to $17M (+175%).
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.
Government-grant reliance: 2017 21% · 2018 12% · 2019 24% · 2020 31% · 2021 20% · 2022 36% · 2023 31%. Grants only. Government contracts and fees sit inside program revenue.
22% of LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 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
Andrew L Wooten
Executive director
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2022 → 2023: the base held at 1 funder, grant income fell $39k → $11k.
From the IRS filings of LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC’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 LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC's grant income comes from New York funders.
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
LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC runs a healthier operating margin than half of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC
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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC: 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 LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC?
- LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC (New York) receives grants from 1 organization whose IRS filings report $50,000 to it, the largest being FUZEHUB INC ($50,000). 1 of them have funded it in more than one year.
- How many funders does LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC have?
- IRS filings report 1 organization giving $50,000 in grants to LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC, 1 of which have funded it in more than one year.
- Who is the largest funder of LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC?
- FUZEHUB INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 FY2025 (financials across 2017–2025), 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