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Employer Identification Number 22-2693047

MASSACHUSETTS BIOTECHNOLOGY COUNCIL, INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MASSACHUSETTS BIOTECHNOLOGY COUNCIL, INC
Employer identification number (EIN):22-2693047
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations
401k Pension/Benefits registration MASSACHUSETTS BIOTECHNOLOGY COUNCIL, INC 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementMASSBIO IS COMMITTED TO ADVANCING MASSACHUSETTS' LEADERSHIP IN THE LIFE SCIENCES TO GROW THE INDUSTRY, ADD VALUE TO THE HEALTH CARE SYSTEM AND IMPROVE PATIENT LIVES.
Number of Employees51
Number of Volunteers441
Year Formed1985

Organization Governance

Legal DomicileMA
Voting Members - Governing Body47
Voting Members - Independent46

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 11,136,990
Program Service Revenue from current yearUSD $ 10,315,747
Investment Income from prior yearUSD $ 647,015
Investment Income from current yearUSD $ 809,139
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 17,768,651
Net assets / fund balances at end of fiscal yearUSD $ 18,712,870
Net assets / fund balances at beginning of fiscal yearUSD $ 18,601,414
Total liabilities at end of fiscal yearUSD $ 10,294,639
Total liabilities at beginning of fiscal yearUSD $ 11,227,749
Total assets at end of fiscal yearUSD $ 29,007,509
Total assets at beginning of fiscal yearUSD $ 29,829,163
Revenues less expenses for current yearUSD $ 111,456
Revenues less expenses for previous yearUSD $ 967,238
Total expenses for current yearUSD $ 17,657,195
Total expenses for previous yearUSD $ 17,553,360
Other expenses in current yearUSD $ 9,355,789
Other expenses in previous yearUSD $ 9,745,020
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,076,406
Employee salary and benefits paid in previous yearUSD $ 7,229,307
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 225,000
Grants and similar amounts paid in previous yearUSD $ 579,033
Total revenue in current fiscal yearUSD $ 17,768,651
Total revenue in previous fiscal yearUSD $ 18,520,598
Contributions and grants from current yearUSD $ 6,643,765
Contributions and grants from previous yearUSD $ 6,736,593
Revenue from membership duesUSD $ 6,643,765
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 8,578,566
Program Service Revenue from current yearUSD $ 9,847,661
Investment Income from prior yearUSD $ 28,709
Investment Income from current yearUSD $ 165,704
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 16,916,817
Net assets / fund balances at end of fiscal yearUSD $ 17,634,176
Net assets / fund balances at beginning of fiscal yearUSD $ 16,595,437
Total liabilities at end of fiscal yearUSD $ 13,671,861
Total liabilities at beginning of fiscal yearUSD $ 3,106,500
Total assets at end of fiscal yearUSD $ 31,306,037
Total assets at beginning of fiscal yearUSD $ 19,701,937
Revenues less expenses for current yearUSD $ 1,038,739
Revenues less expenses for previous yearUSD $ 3,763,011
Total expenses for current yearUSD $ 15,878,078
Total expenses for previous yearUSD $ 11,052,367
Other expenses in current yearUSD $ 9,013,347
Other expenses in previous yearUSD $ 6,339,266
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,836,920
Employee salary and benefits paid in previous yearUSD $ 4,713,101
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 27,811
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 16,916,817
Total revenue in previous fiscal yearUSD $ 14,815,378
Contributions and grants from current yearUSD $ 6,903,452
Contributions and grants from previous yearUSD $ 6,208,103
Revenue from membership duesUSD $ 6,458,452
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,127,218
Program Service Revenue from current yearUSD $ 8,578,566
Investment Income from prior yearUSD $ 53,070
Investment Income from current yearUSD $ 28,709
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 14,815,378
Net assets / fund balances at end of fiscal yearUSD $ 16,595,437
Net assets / fund balances at beginning of fiscal yearUSD $ 12,832,426
Total liabilities at end of fiscal yearUSD $ 3,106,500
Total liabilities at beginning of fiscal yearUSD $ 3,009,529
Total assets at end of fiscal yearUSD $ 19,701,937
Total assets at beginning of fiscal yearUSD $ 15,841,955
Revenues less expenses for current yearUSD $ 3,763,011
Revenues less expenses for previous yearUSD $ 2,415,897
Total expenses for current yearUSD $ 11,052,367
Total expenses for previous yearUSD $ 10,070,293
Other expenses in current yearUSD $ 6,339,266
Other expenses in previous yearUSD $ 5,308,547
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,713,101
Employee salary and benefits paid in previous yearUSD $ 4,759,246
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 2,500
Total revenue in current fiscal yearUSD $ 14,815,378
Total revenue in previous fiscal yearUSD $ 12,486,190
Contributions and grants from current yearUSD $ 6,208,103
Contributions and grants from previous yearUSD $ 6,305,902
Revenue from membership duesUSD $ 5,788,103
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,562,633
Program Service Revenue from current yearUSD $ 6,127,218
Investment Income from prior yearUSD $ 130,096
Investment Income from current yearUSD $ 53,070
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 12,486,190
Net assets / fund balances at end of fiscal yearUSD $ 12,832,426
Net assets / fund balances at beginning of fiscal yearUSD $ 10,416,529
Total liabilities at end of fiscal yearUSD $ 3,009,529
Total liabilities at beginning of fiscal yearUSD $ 5,848,939
Total assets at end of fiscal yearUSD $ 15,841,955
Total assets at beginning of fiscal yearUSD $ 16,265,468
Revenues less expenses for current yearUSD $ 2,415,897
Revenues less expenses for previous yearUSD $ 920,996
Total expenses for current yearUSD $ 10,070,293
Total expenses for previous yearUSD $ 10,683,430
Other expenses in current yearUSD $ 5,308,547
Other expenses in previous yearUSD $ 4,937,592
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,759,246
Employee salary and benefits paid in previous yearUSD $ 5,645,838
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,500
Grants and similar amounts paid in previous yearUSD $ 100,000
Total revenue in current fiscal yearUSD $ 12,486,190
Total revenue in previous fiscal yearUSD $ 11,604,426
Contributions and grants from current yearUSD $ 6,305,902
Contributions and grants from previous yearUSD $ 4,911,697
Revenue from membership duesUSD $ 5,390,902
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 5,978,418
Program Service Revenue from current yearUSD $ 6,562,633
Investment Income from prior yearUSD $ 90,780
Investment Income from current yearUSD $ 130,096
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 11,604,426
Net assets / fund balances at end of fiscal yearUSD $ 10,416,529
Net assets / fund balances at beginning of fiscal yearUSD $ 9,495,533
Total liabilities at end of fiscal yearUSD $ 5,848,939
Total liabilities at beginning of fiscal yearUSD $ 2,230,705
Total assets at end of fiscal yearUSD $ 16,265,468
Total assets at beginning of fiscal yearUSD $ 11,726,238
Revenues less expenses for current yearUSD $ 920,996
Revenues less expenses for previous yearUSD $ 461,361
Total expenses for current yearUSD $ 10,683,430
Total expenses for previous yearUSD $ 10,070,131
Other expenses in current yearUSD $ 4,937,592
Other expenses in previous yearUSD $ 5,153,018
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,645,838
Employee salary and benefits paid in previous yearUSD $ 4,707,113
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 100,000
Grants and similar amounts paid in previous yearUSD $ 210,000
Total revenue in current fiscal yearUSD $ 11,604,426
Total revenue in previous fiscal yearUSD $ 10,531,492
Contributions and grants from current yearUSD $ 4,911,697
Contributions and grants from previous yearUSD $ 4,462,294
Revenue from membership duesUSD $ 4,911,697
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 73,421
Program Service Revenue from prior yearUSD $ 4,244,079
Program Service Revenue from current yearUSD $ 5,978,418
Investment Income from prior yearUSD $ 31,121
Investment Income from current yearUSD $ 90,780
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 10,531,492
Net assets / fund balances at end of fiscal yearUSD $ 9,495,533
Net assets / fund balances at beginning of fiscal yearUSD $ 9,034,172
Total liabilities at end of fiscal yearUSD $ 2,230,705
Total liabilities at beginning of fiscal yearUSD $ 1,938,644
Total assets at end of fiscal yearUSD $ 11,726,238
Total assets at beginning of fiscal yearUSD $ 10,972,816
Revenues less expenses for current yearUSD $ 461,361
Revenues less expenses for previous yearUSD $ 338,649
Total expenses for current yearUSD $ 10,070,131
Total expenses for previous yearUSD $ 7,959,465
Other expenses in current yearUSD $ 5,153,018
Other expenses in previous yearUSD $ 3,472,812
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,707,113
Employee salary and benefits paid in previous yearUSD $ 3,656,653
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 210,000
Grants and similar amounts paid in previous yearUSD $ 830,000
Total revenue in current fiscal yearUSD $ 10,531,492
Total revenue in previous fiscal yearUSD $ 8,298,114
Contributions and grants from current yearUSD $ 4,462,294
Contributions and grants from previous yearUSD $ 4,022,914
Revenue from membership duesUSD $ 4,462,294
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,389,620
Program Service Revenue from current yearUSD $ 3,782,236
Investment Income from prior yearUSD $ 19,253
Investment Income from current yearUSD $ 19,503
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 7,440,276
Net assets / fund balances at end of fiscal yearUSD $ 8,695,523
Net assets / fund balances at beginning of fiscal yearUSD $ 7,512,886
Total liabilities at end of fiscal yearUSD $ 1,544,673
Total liabilities at beginning of fiscal yearUSD $ 1,487,892
Total assets at end of fiscal yearUSD $ 10,240,196
Total assets at beginning of fiscal yearUSD $ 9,000,778
Revenues less expenses for current yearUSD $ 1,182,637
Revenues less expenses for previous yearUSD $ 1,055,794
Total expenses for current yearUSD $ 6,255,924
Total expenses for previous yearUSD $ 5,588,702
Other expenses in current yearUSD $ 2,801,457
Other expenses in previous yearUSD $ 2,452,149
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,324,467
Employee salary and benefits paid in previous yearUSD $ 2,976,453
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 130,000
Grants and similar amounts paid in previous yearUSD $ 160,100
Total revenue in current fiscal yearUSD $ 7,438,561
Total revenue in previous fiscal yearUSD $ 6,644,496
Contributions and grants from current yearUSD $ 3,636,822
Contributions and grants from previous yearUSD $ 3,235,623
Revenue from membership duesUSD $ 3,636,822
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,880,376
Program Service Revenue from current yearUSD $ 3,389,620
Investment Income from prior yearUSD $ 17,083
Investment Income from current yearUSD $ 19,253
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 6,644,496
Net assets / fund balances at end of fiscal yearUSD $ 7,512,886
Net assets / fund balances at beginning of fiscal yearUSD $ 6,457,092
Total liabilities at end of fiscal yearUSD $ 1,487,892
Total liabilities at beginning of fiscal yearUSD $ 1,507,036
Total assets at end of fiscal yearUSD $ 9,000,778
Total assets at beginning of fiscal yearUSD $ 7,964,128
Revenues less expenses for current yearUSD $ 1,055,794
Revenues less expenses for previous yearUSD $ 663,346
Total expenses for current yearUSD $ 5,588,702
Total expenses for previous yearUSD $ 5,266,196
Other expenses in current yearUSD $ 2,452,149
Other expenses in previous yearUSD $ 2,175,601
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,976,453
Employee salary and benefits paid in previous yearUSD $ 2,987,895
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 160,100
Grants and similar amounts paid in previous yearUSD $ 102,700
Total revenue in current fiscal yearUSD $ 6,644,496
Total revenue in previous fiscal yearUSD $ 5,929,542
Contributions and grants from current yearUSD $ 3,235,623
Contributions and grants from previous yearUSD $ 3,032,083
Revenue from membership duesUSD $ 3,235,623

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 222693047

USA Mailing Address
300 TECHNOLOGY SQUARE
8TH FLOOR
CAMBRIDGE
MA
02139
Date first seen: 2007-01-01
Date last seen: 2026-01-31
USA Mailing Address
ONE CAMBRIDGE CENTER
9TH FLOOR
CAMBRIDGE
MA
02142
Date first seen: 2008-01-01
Date last seen: 2025-12-31
USA Location Address
ONE CAMBRIDGE CENTER
9TH FLOOR
CAMBRIDGE
MA
02142
Date first seen: 2008-01-01
Date last seen: 2025-12-31
USA Location Address
300 TECHNOLOGY SQUARE
8TH FLOOR
CAMBRIDGE
MA
02139
Date first seen: 2007-01-01
Date last seen: 2026-01-31
USA Mailing Address
700 TECHNOLOGY SQUARE
5TH FLOOR
CAMBRIDGE
MA
02139
Date first seen: 2007-01-01
Date last seen: 2026-01-31
401k Sponsor USA Address
700 TECHNOLOGY SQUARE
5TH FLOOR
CAMBRIDGE
MA
02139
Date first seen: 2007-01-01
Date last seen: 2025-10-06

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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