THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY

EIN: 236434390 501(c)(3) Medical Research

PHILADELPHIA, PA

Total Revenue
$93,130,000
Total Expenses
$93,862,000
Total Assets
$424,946,000
Net Assets
$341,597,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1892
Legal Domicile
PA
Principal Officer
CONSTANTINE STOIOS
Phone
2154956922
Tax Period
2024-01-01 to 2024-12-31

THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY, founded in 1892, is a mid-sized nonprofit in the Medical Research sector that reported $93.1M in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Net assets of $341.6M represent 44 months of operating reserves.

Mission

BIOMEDICAL RESEARCH WITH SPECIAL EXPERTISE IN CANCER RESEARCH AND VACCINE DEVELOPMENT (IMMUNOLOGY).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $74,373,000
Program Service Revenue $2,535,000
Investment Income $11,614,000
Other Revenue $4,608,000
TOTAL REVENUE $93,130,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,912,000
Fundraising Expenses $1,854,000
Program Expenses $73,951,000
Other Expenses $54,950,000
TOTAL EXPENSES $93,862,000

Year-over-Year Comparison

2024 2023 Change
Revenue $93,130,000 $181,250,000 -0.5%
Expenses $93,862,000 $91,822,000 +0.0%
Net Income $-732,000 $89,428,000 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
32
Independent Members
32
Employees
455
Volunteers
68

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,572,671
Total Directors
33
$0
Key Employees
7
$2,656,374
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD M HOROWITZ TRUSTEE - BOARD CHAIR 4.00
Officer Director
$0 $0 $0
STEVEN V ABRAMSON TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH MCKEE ANDERSON TRUSTEE 2.00
Director
$0 $0 $0
MAX BERGER TRUSTEE 1.00
Director
$0 $0 $0
DOUGLAS S BRIGGS TRUSTEE 1.00
Director
$0 $0 $0
IRA BRIND TRUSTEE 1.00
Director
$0 $0 $0
RONALD CAPLAN TRUSTEE 2.00
Director
$0 $0 $0
CATHERINE CREESE ELECTED DEC 2024 TRUSTEE 1.00
Director
$0 $0 $0
ARTHUR DANTCHIK TRUSTEE 1.00
Director
$0 $0 $0
SUSAN B DILLON PHD TRUSTEE 1.00
Director
$0 $0 $0
DANIEL K FITZPATRICK TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH A GOLDBLUM TRUSTEE 2.00
Director
$0 $0 $0
PERRY A LERNER TRUSTEE 1.00
Director
$0 $0 $0
SUSAN S MCDONALD PHD TRUSTEE 2.00
Director
$0 $0 $0
ABRAHAM L MORRIS TRUSTEE 1.00
Director
$0 $0 $0
PATRICK OATES TRUSTEE 1.00
Director
$0 $0 $0
ARTHUR M PAPPAS TRUSTEE 1.00
Director
$0 $0 $0
HELEN P PUDLIN ESQ TRUSTEE 1.00
Director
$0 $0 $0
SAMUEL V RHOADS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT H ROCK TRUSTEE 1.00
Director
$0 $0 $0
GERALD B RORER TRUSTEE 1.00
Director
$0 $0 $0
ALEISTER SAUNDERS TRUSTEE 1.00
Director
$0 $0 $0
ADELE K SCHAEFFER TRUSTEE 1.00
Director
$0 $0 $0
MILTON S SCHNEIDER TRUSTEE 1.00
Director
$0 $0 $0
SQUIRE SERVANCE TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM A SLAUGHTER TRUSTEE 1.00
Director
$0 $0 $0
JOY TAYLOR TRUSTEE 1.00
Director
$0 $0 $0
SOZI TULANTE TRUSTEE 1.00
Director
$0 $0 $0
CAROLYN MAGILL ELECTED DEC 2024 TRUSTEE 1.00
Director
$0 $0 $0
EDWARD ZIFF PHD TRUSTEE 1.00
Director
$0 $0 $0
CHARLES CAIRNS ELECTED DEC 2024 TRUSTEE 1.00
Director
$0 $0 $0
ELLIOT NORRY ELECTED MAR 2024 TRUSTEE 1.00
Director
$0 $0 $0
JOHN FRY LEFT NOV 2024 TRUSTEE 1.00
Director
$0 $0 $0
DARIO ALTIERI MD PRESIDENT & CEO, DIRECTOR 55.00
Officer
$722,629 $54,792 $777,421
GELVINA STEVENSON VP GEN COUNSEL, SECRETARY& 55.00
Officer
$388,759 $43,897 $432,656
CONSTANTINE STOIOS CHIEF FINANCIAL OFFICER 55.00
Officer
$295,997 $66,597 $362,594
DAVID B WEINER EXECUTIVE VICE PRESIDENT 55.00
Key Emp
$492,577 $69,076 $561,653
LUIS MONTANER PROFESSOR VP, SCIENTIFIC O 55.00
Key Emp
$452,720 $73,256 $525,976
HEATHER A STEINMAN VP FOR BUSINESS DEVELOP & 55.00
Key Emp
$347,749 $40,300 $388,049
JOANN MENDEL VICE PRESIDENT, HUMAN RESO 55.00
Key Emp
$236,284 $38,855 $275,139
MICHAEL CRISCUOLO VP, DEVELOPMENT 55.00
Key Emp
$283,859 $55,443 $339,302
PETER SCARPATI VP OPERATIONS 55.00
Key Emp
$234,961 $32,361 $267,322
MICHELE SCHIAVONI VP COMMUNICATIONS & MARKETING 55.00
Key Emp
$267,125 $31,808 $298,933
MEENHARD HERLYN PROFESSOR 55.00
Highest
$298,624 $62,520 $361,144
PAUL LIEBERMAN PROFESSOR 55.00
Highest
$285,042 $60,447 $345,489
MAUREEN MURPHY PROFESSOR 55.00
Highest
$260,169 $57,945 $318,114
CHENGYU LIANG PROFESSOR 55.00
Highest
$261,764 $67,095 $328,859
JEFFREY FAHNOE CHIEF INFORMATION OFFICER 55.00
Highest
$256,958 $44,983 $301,941
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $93,130,000 $93,862,000 $424,946,000 $-732,000
2023 $181,250,000 $91,822,000 $402,392,000 $89,428,000
2022 $90,721,000 $85,062,000 $381,486,000 $5,659,000
2021 $115,831,000 $69,091,000 $414,460,000 $46,740,000
2020 $67,263,000 $68,907,000 $343,834,000 $-1,644,000
2019 $64,459,000 $68,702,000 $320,484,000 $-4,243,000
2018 $81,845,000 $69,520,000 $303,805,000 $12,325,000
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