MAGEE-WOMENS RESEARCH INSTITUTE AND FOUNDATION

EIN: 251462312 501(c)(3) Health Care

Pittsburgh, PA

Total Revenue
$63,537,877
Total Expenses
$64,925,788
Total Assets
$95,797,947
Net Assets
$63,474,414
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
PA
Principal Officer
Michael Annichine
Phone
4126418957
Tax Period
2024-07-01 to 2025-06-30

MAGEE-WOMENS RESEARCH INSTITUTE AND FOUNDATION, founded in 1984, is a mid-sized nonprofit in the Health Care sector that reported $63.5M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

The mission of Magee-Womens Research Institute and Foundation is to advance scientific knowledge in the fields of reproductive biology and women's health; translate this knowledge into improved health for women and infants; train current and future scholars of reproductive sciences and women's health; and foster community investment and involvement in women's health.

Program Service Accomplishments

Program 1
Expenses: $57,231,637 Revenue: $535,296

Magee-Womens Research Institute (MWRI) is one of the largest research institutes worldwide devoted exclusively to reproductive sciences and women's health research. MWRI is making discoveries and...

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Magee-Womens Research Institute (MWRI) is one of the largest research institutes worldwide devoted exclusively to reproductive sciences and women's health research. MWRI is making discoveries and advancing knowledge in many areas affecting women including: reproductive biology and development, female cancer genomics and personalized therapies, HIV immunization and prevention, fertility preservation, and pelvic floor research. Through our revolutionary 9-90TM research, we focus on how pregnancy and fetal development can affect health and disease prevention for future generations. We firmly believe that new insights into the role of early human development in defining short- and long-term health and wellness will transform our understanding of disease development, treatment and prevention for future generations. Researchers concentrate on seven key areas of discovery: reproductive endocrinology and infertility (including ovarian biology, female and male germ cell development, infertility and restoration of fertility); reproductive development (including reproductive development, stem cell biology, germ cell development and differentiation and microbiome and development); pregnancy and newborn medicine (including prenatal genetics, feto-placental development, preterm birth, preeclampsia, newborn medicine); gynecology (including family planning, benign gynecological disorders, urogynecology and pelvic floor dysfunction); infectious diseases (including HIV and vaginal microbicides, reproductive tract infections, pharmaceutics and drug delivery); women's cancers (reproductive tract cancers); and women's wellness and health services outcomes (including patient-provider communication, substance use disorders, behavioral health and alternative medicine). Considering our depth and breadth, MWRI strives to advance scientific discovery and translate the results of scientific research into knowledge pertinent to women's health. To ensure the future of women's health research, MWRI has established educational programs at all levels of academic development, including opportunities for faculty and postdoctoral scholars as well as graduate and medical students, college students and high school students. MWRI hosts the Magee-Womens Research Summit, an international conference of physicians, researchers and corporate leaders focused on women's health. The centerpiece of the summit is the award of a $1 million prize for collaborative and transformative research within the reproductive sciences. Dedicated to solving real-world problems and improving lives today and for future generations as well as to coaching the next generation of scientists, MWRI is committed to a better, healthier world in which women's health has the scientific prominence and cultural status it deserves.

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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 $57,030,726
Program Service Revenue $501,991
Investment Income $6,085,896
Other Revenue $-80,736
TOTAL REVENUE $63,537,877

Expense Breakdown

Grants Paid $30,293,363
Salaries & Benefits $20,198,577
Fundraising Expenses $2,280,116
Program Expenses $57,231,637
Other Expenses $14,133,848
TOTAL EXPENSES $64,925,788

Year-over-Year Comparison

2024 2023 Change
Revenue $63,537,877 $76,168,361 -0.2%
Expenses $64,925,788 $75,569,645 -0.1%
Net Income $-1,387,911 $598,716 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
25
Independent Members
23
Employees
N/A
Volunteers
114

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
6
$935,139
Total Directors
25
$935,139
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Annichine CEO 40
Officer Director
$590,079 $61,105 $651,184
Yoel Sadovsky Principal Investigator 40
Highest
$552,230 $85,255 $637,485
Gerald Schatten Principal Investigator 40
Highest
$404,439 $61,796 $466,235
Sharon Hillier Principal Investigator 40
Highest
$369,392 $45,857 $415,249
Kyle Orwig Principal Investigator 40
Highest
$340,990 $48,030 $389,020
Lisa Rohan Principal Investigator 40
Highest
$281,750 $57,691 $339,441
Pamela Moalli Interim Executive Director/Principal Investigator 40
Officer Director
$236,976 $46,979 $283,955
Theresa Bone Vice Chair 2.5
Officer Director
$0 $0 $0
Robert Edwards Director 1
Director
$0 $0 $0
Joan Ellenbogen Director 1
Director
$0 $0 $0
Margaret Joy Director 1
Director
$0 $0 $0
William Pietragallo Director 1
Director
$0 $0 $0
W Scott Sanford Director 1
Director
$0 $0 $0
Richard Beigi Director 1
Director
$0 $0 $0
Tony Lacenere Director 1
Director
$0 $0 $0
Mary Richter Director 1
Director
$0 $0 $0
Fern Schwartz Director 1
Director
$0 $0 $0
Margaret Archinaco Director 1
Director
$0 $0 $0
Anantha Shekhar Director 1
Director
$0 $0 $0
David Spigelmyer Director 1
Director
$0 $0 $0
Margot Bingham Director 1
Director
$0 $0 $0
Carrie Coghill Director 1
Director
$0 $0 $0
Kelly R Gray Chair 2.5
Officer Director
$0 $0 $0
Jason Harrison Treasurer 2.5
Officer Director
$0 $0 $0
Susan McGalla Secretary 2.5
Officer Director
$0 $0 $0
Nicole Donnellan Director 1
Director
$0 $0 $0
Olivia Brinker Director 1
Director
$0 $0 $0
Sheila Escovedo Director 1
Director
$0 $0 $0
Deborah Murphy Director 1
Director
$0 $0 $0
Carli Siger Director 1
Director
$0 $0 $0
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
2025 $63,537,877 $64,925,788 $95,797,947 $-1,387,911
2024 $76,168,361 $75,569,645 $101,671,185 $598,716
2023 $68,748,529 $71,943,893 $103,774,815 $-3,195,364
2022 $58,233,606 $58,125,801 $105,422,061 $107,805
2021 $54,766,122 $55,770,823 $116,698,693 $-1,004,701
2020 $80,690,649 $57,473,228 $107,651,082 $23,217,421
2019 $56,365,617 $58,912,753 $91,024,407 $-2,547,136
2018 $61,679,185 $61,030,858 $97,336,356 $648,327
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