New Mexico · Nonprofit
LOVELACE BIOMEDICAL RESEARCH INSTITUTE
LOVELACE BIOMEDICAL RESEARCH INSTITUTE (New Mexico) receives grants from 4 organizations whose IRS filings report $1,754,267 to it, the largest being Emory University ($1,087,588). 2 of them have funded it in more than one year.
- Revenue FY2025
- $83M
- Funders on record
- 4
- Grants received
- $1.8M
- Net assets
- $207M
What Lovelace Biomedical Research Institute does
Mission
The Lovelace Biomedical Research Institute (lbri) is a private, biomedical research organization dedicated to improving public health through research on the prevention, diagnosis, treatment and cure of diseases. Lbri is dedicated to the discovery and advancement of clinical solutions for prevention, diagnosis, treatment and curing diseases through research. The research is aimed at understanding their causes and biological mechanisms; assessing and eliminating exposures to respiratory, neurological and other health hazards; mental illness; traumatic brain injury and other brain disorders; and developing improved therapeutics, vaccines, and diagnostics. Lbri is based in albuquerque, new mexico.
As stated on its FY2025 Form 990.
Program
Medical research and educational activity in the areas of basic biomedical research, health and population studies, including respiratory diseases such as asthma, copd, allergy and toxic effects of environmental factors. Additional areas include neurologic conditions such as traumatic brain injury, addiction and psychopathy.
$77,084,856 spent$63,041,316 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $77,084,856.
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 2022 to 2023, from $185M to $259M (+40%).
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: 2020 18% · 2021 14% · 2022 11% · 2023 11% · 2024 12% · 2025 11%. Grants only. Government contracts and fees sit inside program revenue.
15% of LOVELACE BIOMEDICAL RESEARCH INSTITUTE’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 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.
Board chair
Alan Kadish
President and chairman of the board
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $156k → $339k.
From the IRS filings of LOVELACE BIOMEDICAL RESEARCH 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.
How concentrated its funding is
LOVELACE BIOMEDICAL RESEARCH INSTITUTE leans on a few funders — its largest provides 62% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
77% 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 LOVELACE BIOMEDICAL RESEARCH INSTITUTE.
Largest funder’s share by year: 2017 100% · 2018 92% · 2019 81% · 2020 90% · 2021 71% · 2022 100% · 2023 59% — diversifying over time.
“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
LOVELACE BIOMEDICAL RESEARCH INSTITUTE draws 100% of its grant income from funders outside New Mexico, across 4 states 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
LOVELACE BIOMEDICAL RESEARCH INSTITUTE has grown faster than three-quarters of the 2,843 health nonprofits its size.
this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025
Government funding LOVELACE BIOMEDICAL RESEARCH INSTITUTE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $100.1M on record.
- Department of Health and Human Services$92.3M
- Department of Defense$5.2M
- National Science Foundation$2.6M
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 LOVELACE BIOMEDICAL RESEARCH 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 New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
84%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 25 related entities
- Touro University · exempt
- Nymc LLC · exempt
- Touro University (California) · exempt
- Touro University Nevada · exempt
- Touro College and University System Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for LOVELACE BIOMEDICAL RESEARCH 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.
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 LOVELACE BIOMEDICAL RESEARCH INSTITUTE?
- LOVELACE BIOMEDICAL RESEARCH INSTITUTE (New Mexico) receives grants from 4 organizations whose IRS filings report $1,754,267 to it, the largest being Emory University ($1,087,588). 2 of them have funded it in more than one year.
- How many funders does LOVELACE BIOMEDICAL RESEARCH INSTITUTE have?
- IRS filings report 4 organizations giving $1,754,267 in grants to LOVELACE BIOMEDICAL RESEARCH INSTITUTE, 2 of which have funded it in more than one year.
- Who is the largest funder of LOVELACE BIOMEDICAL RESEARCH INSTITUTE?
- Emory University is the largest funder on record, with $1,087,588 in grants. The full list of funders is on this page.
- How can an organization like LOVELACE BIOMEDICAL RESEARCH INSTITUTE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. 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 Lovelace Biomedical Research Institute →
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 4 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