North Carolina · Nonprofit
NORTH CAROLINA BIOTECHNOLOGY CENTER
NORTH CAROLINA BIOTECHNOLOGY CENTER (North Carolina) receives grants from 6 organizations whose IRS filings report $158,779 to it, the largest being UNIVERSITY OF DELAWARE ($121,279). 2 of them have funded it in more than one year.
- Revenue FY2025
- $21M
- Funders on record
- 6
- Grants received
- $159k
- Net assets
- $42M
What North Carolina Biotechnology Center does
Mission
The North Carolina Biotechnology Center aids the biotechnology-related efforts of researchers, businesses, state and federal governments, and other agencies primarily through awards of grants and loans related to specific programs and other services to grow [or advance] the industry in north carolina.
As stated on its FY2025 Form 990.
Programs
Our commercialization program combines the science and technology development and the emerging company development programs into one. Science and technology development program is a fundamental program of the North Carolina Biotechnology Center. The goal of this program is to strengthen the state's infrastructure for life science research which is an essential prerequisite for scientific advances leading to new products and applications. To meet this goal, the program provides services and support to state universities, colleges, and nonprofit institutions that contribute to life science development through research, teaching, and public service. Support is primarily provided in the form of grants. Since 1984, the program has provided over $145 million to enhance the research and intellectual capabilities of the state's academic and nonprofit research institutions. The emerging companies development program is the second largest program of the North Carolina Biotechnology Center. The goal of this program is to strengthen and support north carolina life science companies with funding; technology assessment; strategic partnerships; business plan advice; networking and career…
$8,895,001 spentof which $5,717,065 as grants$833,103 earned by the program47% of program spendingThe economic development program now includes statewide development, ag sector and life science development programs. The agricultural sector development program is a program of the North Carolina Biotechnology Center focused on the largest industry sector in the state - agriculture. The core focus of the program is to support the largest global economic cluster of agriculture biotechnology in its continued growth and contribution. The agriculture biotechnology program fosters a dynamic agriculture community, improves technology and value, and attracts and sustains jobs in agriculture to the state. Since 2010, many companies supporting thousands of jobs have been identified and engaged by the program.
$5,666,182 spentof which $718,297 as grants30% of program spendingThe sector development program includes the emerging sector development, conference center at nc biotech and life science intelligence programs. The conference center is an event and meeting space solution for numerous life science companies, organizations and educational institutions. It includes meeting and catering services and co-working spaces. In addition to market intelligence, the lsi team is responsible for network security and it support, technical support for the center's website, corporate record retention and historical archives, management of the center's client relationship management system, center-wide impact measurements, and project management.
$4,228,899 spentof which $136,321 as grants$1,746,418 earned by the program22% of program spendingGeneral and administrative grants, loans and contributions.
$68,612 spentof which $68,612 as grants$654,864 earned by the program0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $18,858,694.
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 2021 to 2022, from $36M to $41M (+11%).
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 74% · 2018 86% · 2019 93% · 2020 88% · 2021 85% · 2022 86% · 2023 80% · 2024 84% · 2025 81%. Grants only. Government contracts and fees sit inside program revenue.
82% of NORTH CAROLINA BIOTECHNOLOGY CENTER’s revenue is contributions — more donation-reliant than the typical peer (52% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 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.
Board chair
Meredith Friga
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $5k → $96k.
1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $18k from 2 payers (the payer shares this organization's board, largest Research Triangle Foundation of Nc). These are real filings, and they are not money NORTH CAROLINA BIOTECHNOLOGY CENTER raised.
From the IRS filings of NORTH CAROLINA BIOTECHNOLOGY CENTER’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
NORTH CAROLINA BIOTECHNOLOGY CENTER leans on a few funders — its largest provides 76% of grant income and the top three 89%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
94% 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 NORTH CAROLINA BIOTECHNOLOGY CENTER.
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 77% — 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
NORTH CAROLINA BIOTECHNOLOGY CENTER draws 90% of its grant income from funders outside North Carolina, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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
NORTH CAROLINA BIOTECHNOLOGY CENTER is better cushioned than half of the 78 science & tech nonprofits its size.
this organization peer median middle 50% of peers· 78 science & tech nonprofits $10M–$100M, FY2025
Government funding NORTH CAROLINA BIOTECHNOLOGY CENTER receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.7M on record.
- Department of Commerce$2.9M
- Department of Labor$825k
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 NORTH CAROLINA BIOTECHNOLOGY CENTER
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 North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
99%
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 NORTH CAROLINA BIOTECHNOLOGY CENTER: 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 NORTH CAROLINA BIOTECHNOLOGY CENTER?
- NORTH CAROLINA BIOTECHNOLOGY CENTER (North Carolina) receives grants from 6 organizations whose IRS filings report $158,779 to it, the largest being UNIVERSITY OF DELAWARE ($121,279). 2 of them have funded it in more than one year.
- How many funders does NORTH CAROLINA BIOTECHNOLOGY CENTER have?
- IRS filings report 6 organizations giving $158,779 in grants to NORTH CAROLINA BIOTECHNOLOGY CENTER, 2 of which have funded it in more than one year.
- Who is the largest funder of NORTH CAROLINA BIOTECHNOLOGY CENTER?
- UNIVERSITY OF DELAWARE is the largest funder on record, with $121,279 in grants. The full list of funders is on this page.
- How can an organization like NORTH CAROLINA BIOTECHNOLOGY CENTER find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 6 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