Applied Research Institute Inc

Community development organization based in Bloomington, IN. 69 employees. Exempt under §501(c)(3).

MissionARI WAS FORMED TO CONDUCT RESEARCH AND FOSTER REGIONAL COLLABORATION AMONG INDIANA'S RESEARCH UNIVERSITIES; LOCAL, STATE, AND FEDERAL GOVERNMENT ENTITIES; AND THE PHILANTHROPIC AND CORPORATE SECTORS IN CONNECTION WITH CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PROGRAMS INVOLVING

Financial snapshot · TY 2024

$76.9M
Total revenue
$68.2M
Total expenses
$47.1M
Net assets

Financial health · TY 2024

60
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
16
2.9 months of expenses
Program efficiency
100
93.3% spent on programs
Revenue diversity
68
Mix of program fees, grants & contributions

Leadership compensation

David Roberts
PRESIDENT & CEO
$502,209
80th percentile vs. peers
William Kiser
EVP SCIENCE & TECHNOLOGY
$416,351
84th percentile vs. peers
James Costa
SVP, INNOVATION & SEMICONDUCTOR
$371,410
84th percentile vs. peers
Andrew Kossack
EVP PARTNERSHIPS & GENERAL
$357,436
84th percentile vs. peers
Leslie Wolfe
EVP FINANCE & OPERATIONS - CFO
$353,156
84th percentile vs. peers

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Applied Research Institute Inc Executive Compensation | 990 Data | DoubleNine