Universities Space Research Association

EIN: 520892064 501(c)(3) Science & Technology

Washington, DC

Total Revenue
$50,543,825
Total Expenses
$53,067,466
Total Assets
$39,305,421
Net Assets
$26,524,233
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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
DC
Phone
4107302656
Tax Period
2024-10-01 to 2025-09-30

Universities Space Research Association, founded in 1969, is a mid-sized nonprofit in the Science & Technology sector that reported $50.5M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

To provide a collaborative membership organization where universities and other research organizations may cooperate effectively with each other, with the United States government, and other entities to develop knowledge associated with space science and technology

Program Service Accomplishments

Program 1
Expenses: $11,748,047 Revenue: $0

The Air Force research laboratory (afrl) future scholars stem offers stipend-paid internship opportunities for undergraduate and graduate-level university students pursuing stem degree, as well as...

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The Air Force research laboratory (afrl) future scholars stem offers stipend-paid internship opportunities for undergraduate and graduate-level university students pursuing stem degree, as well as upper-level high school students; select locations also offer internships to unversity students persuing education-related degrees and k-12 professional educators. the selected interns gain valuable hands-on experience working iwth full-time afrl scientists and engineers on cutting-edge research and technology and are able to contribute to unique, research-based projects. graduate interns are able to collaborate with afrl on current research and incorporate the research into their graduate work.

Program 2
Expenses: $10,737,575 Revenue: $0

LUNAR & PLANETARY INSTITUTE (LPI) SUPPORTS NASA'S RESEARCH IN LUNAR, PLANETARY, AND RELATED SCIENTIFIC FIELDS. THE INSTITUTE IS A CENTER FOR LUNAR AND PLANETARY SCIENCE, CONDUCTING RESEARCH STUDIES...

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LUNAR & PLANETARY INSTITUTE (LPI) SUPPORTS NASA'S RESEARCH IN LUNAR, PLANETARY, AND RELATED SCIENTIFIC FIELDS. THE INSTITUTE IS A CENTER FOR LUNAR AND PLANETARY SCIENCE, CONDUCTING RESEARCH STUDIES ON THE FORMATION, EVOLUTION, AND CURRENT STATE OF THE MOON, PLANETS, COMETS, ASTEROIDS, PLANETARY SATELLITES, COSMIC DUST, AND OUR SOLAR SYSTEM AS AWHOLE THROUGH ANALYSIS OF DATA AND SAMPLES OBTAINED THROUGH NASA'S LONG HISTORY OF MISSIONS AND EXPLORATION, SERVICE TO NASA AND THE PLANETARY SCIENCE COMMUNITY. THE INSTITUTE COORDINATES SCIENTIFIC MEETINGS ON LUNAR AND PLANETARY TOPICS, AND DISSEMINATES SCIENTIFIC INFORMATIONTHROUGH TECHNICAL JOURNALS AND CONFERENCES, INCLUDING AN ABSTRACT DATABASE OF MORE THAN 25,000 PRESENTATIONS MADE BY SCIENTISTS ATLPI-SPONSORED MEETINGS. THE INSTITUTE ALSO CURATES AN EXTENSIVECOLLECTION OF LUNAR AND PLANETARY DATA THAT IS ACCESSIBLE ONLINE.

Program 3
Expenses: $8,891,292 Revenue: $0

Science and technology institute (sti) in huntsville, al employes a dedicated workforce of approximately 30 scientists, engineers, postdocs, and interns in research areas of astrophysics, earth...

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Science and technology institute (sti) in huntsville, al employes a dedicated workforce of approximately 30 scientists, engineers, postdocs, and interns in research areas of astrophysics, earth sciences, and heliophysics. Sti operations are co-located with the nasa marshall space flight center (MSFC) science research office in the national spacie science and technology center (nsstc) located at the university of alabama in huntsville.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $46,531,922
Program Service Revenue $3,297,981
Investment Income $706,236
Other Revenue $7,686
TOTAL REVENUE $50,543,825

Expense Breakdown

Grants Paid $5,493,234
Salaries & Benefits $30,718,700
Fundraising Expenses $0
Program Expenses $40,678,350
Other Expenses $16,855,532
TOTAL EXPENSES $53,067,466

Year-over-Year Comparison

2024 2023 Change
Revenue $50,543,825 $64,186,525 -0.2%
Expenses $53,067,466 $66,445,820 -0.2%
Net Income $-2,523,641 $-2,259,295 +0.1%
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
17
Independent Members
16
Employees
283
Volunteers
N/A

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
$1,171,515
Total Directors
18
$1,184,641
Key Employees
3
$866,965
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Elsayed Talaat President & CEO (start jan 25) 55.0
Officer Director
$0 $0 $0
General Lester Lyles US Air Force Chair, Board of Trustees 3.0
Officer Director
$47,040 $0 $47,040
Jeffrey Isaacson Former President and CEO (end Jan 25) 42.5
Officer Director
$658,477 $147,834 $806,311
Dr Berrien Moore III Board of Trustees Member 3.0
Director
$0 $0 $0
Dr Christopher J Damaren Board of Trustees Member 3.0
Director
$0 $0 $0
Dr Daniel E Hastings Board of Trustees Member 3.0
Director
$26,130 $0 $26,130
Dr Elizabth A Lada Board of Trustees Member 3.0
Director
$29,010 $0 $29,010
Dr Jed Hancock Board of Trustees Member 3.0
Director
$23,810 $0 $23,810
Dr Joan Ramage Macdonald Board of Trustees Member 3.0
Director
$49,320 $0 $49,320
Dr Kathleen C Howell Board of Trustees Member 3.0
Director
$28,510 $0 $28,510
Dr Richard Ambrosi Board of Trustees Member 3.0
Director
$28,080 $0 $28,080
Dr Robert McCoy Board of Trustees Member 3.0
Director
$23,610 $0 $23,610
Dr Sean C Solomon Board of Trustees Member 3.0
Director
$24,160 $0 $24,160
Dr Truell Hyde Board of Trustees Member 3.0
Director
$4,380 $0 $4,380
Dr Wayne A Scales Board of Trustees Member 3.0
Director
$23,410 $0 $23,410
Maj Gen William N McCasland Board of Trustees Member 3.0
Director
$26,180 $0 $26,180
Ms Kim Williams Board of Trustees Member 3.0
Director
$29,380 $0 $29,380
Ms Lesa B Roe Board of Trustees Member 3.0
Director
$15,310 $0 $15,310
Todd D Bidwell VP, Finance and Admin, CFO 43.0
Officer
$290,181 $27,983 $318,164
David G Bell Director, NAMS AND RIACS 41.0
Key Emp
$331,522 $38,041 $369,563
Richard Verbus Director, Low Gravity Sciences 40.0
Key Emp
$217,326 $20,381 $237,707
Walter S Kiefer Director, LPI 43.0
Key Emp
$233,244 $26,451 $259,695
Bernard Seery VP, Science and Technology 42.0
Highest
$364,378 $19,131 $383,509
Carol L Kory VP, Program Dev & Univ Engage 43.0
Highest
$329,633 $14,299 $343,932
David Travis Lassiter Director Strategic Growth 51.0
Highest
$88,748 $7,909 $96,657
Robert O'Brien Director CSNR 43.0
Highest
$229,394 $26,037 $255,431
Tonya T Stephens VP, Human Resources, CHRO 51.0
Highest
$279,681 $28,177 $307,858
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 $50,543,825 $53,067,466 $39,305,421 $-2,523,641
2024 $64,186,525 $66,445,820 $45,872,605 $-2,259,295
2023 $69,564,440 $77,404,775 $47,481,085 $-7,840,335
2022 $111,291,044 $110,656,456 $61,609,902 $634,588
2021 $147,588,502 $146,017,890 $66,030,846 $1,570,612
2020 $149,553,675 $147,205,132 $66,653,965 $2,348,543
2019 $160,875,605 $158,039,086 $65,647,838 $2,836,519
2018 $162,431,532 $160,765,830 $60,627,479 $1,665,702
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