Civic Intelligence

New York Genome Center Inc

EIN 80-0631734 • 501(c)3 • New York, NY

Profile

Operate a state-of-the-art, world class genomic research center that creates and uses advanced genomics to understand the genetic basis of disease. For more information, see schedule o.

101 Avenue Of The Americas 7th FLNew York, NY 10013-1941

www.nygenome.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.74x

Higher debt load relative to assets than 67% of similar nonprofits.

NTEE E • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

1.49x

Higher debt load relative to revenue than 86% of similar nonprofits.

NTEE E • $100M-$250M nonprofits • Source year 2024

Net Margin

34th percentile

-2.4%

Higher net margin than 34% of similar nonprofits.

NTEE E • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

27th percentile

$675,040

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

NTEE E • $100M-$250M nonprofits • Source year 2024

Asset Growth

9th percentile

-9.3%

Faster asset growth than 9% of similar nonprofits.

NTEE E • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-11%

Faster revenue growth than 6% of similar nonprofits.

NTEE E • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Down

$166,954,755

Down $17,097,475 (-9.3%) from 2023

Liabilities

Down

$123,038,215

Down $15,097,941 (-11%) from 2023

Net Assets

Down

$43,916,540

Down $1,999,534 (-4.4%) from 2023

Revenue

Down

$82,342,631

Down $10,597,798 (-11%) from 2023

Expenses

Up

$84,343,480

Up $2,470,656 (+3.0%) from 2023

Net Income

Down

-$2,000,849

Down $13,068,454 (-118%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $126,858Liabilities 2010: $0Net Assets 2010: $126,8582010Assets 2011: $44,766,025Liabilities 2011: $28,227,617Net Assets 2011: $16,538,4082011Assets 2012: $66,993,120Liabilities 2012: $49,708,411Net Assets 2012: $17,284,7092012Assets 2013: $103,919,877Liabilities 2013: $103,727,747Net Assets 2013: $192,1302013Assets 2014: $114,312,997Liabilities 2014: $112,478,799Net Assets 2014: $1,834,1982014Assets 2015: $110,178,881Liabilities 2015: $104,841,816Net Assets 2015: $5,337,0652015Assets 2016: $122,070,905Liabilities 2016: $82,869,747Net Assets 2016: $39,201,1582016Assets 2017: $114,196,275Liabilities 2017: $72,657,460Net Assets 2017: $41,538,8152017Assets 2018: $148,772,470Liabilities 2018: $63,342,890Net Assets 2018: $85,429,5802018Assets 2019: $97,126,046Liabilities 2019: $49,651,789Net Assets 2019: $47,474,2572019Assets 2020: $83,547,232Liabilities 2020: $47,595,266Net Assets 2020: $35,951,9662020Assets 2021: $85,222,125Liabilities 2021: $46,079,469Net Assets 2021: $39,142,6562021Assets 2022: $181,740,451Liabilities 2022: $146,891,982Net Assets 2022: $34,848,4692022Assets 2023: $184,052,230Liabilities 2023: $138,136,156Net Assets 2023: $45,916,0742023Assets 2024: $166,954,755Liabilities 2024: $123,038,215Net Assets 2024: $43,916,5402024

Highlighted filing

2024

Assets$166,954,755
Liabilities$123,038,215
Net Assets$43,916,540

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MRevenue 2010: $400,215Expenses 2010: $273,357Net Income 2010: $126,8582010Expenses 2011: $2,886,8182011Expenses 2012: $19,511,0912012Revenue 2013: $18,845,314Expenses 2013: $35,937,893Net Income 2013: -$17,092,5792013Revenue 2014: $59,936,565Expenses 2014: $57,735,760Net Income 2014: $2,200,8052014Revenue 2015: $79,803,098Expenses 2015: $76,300,231Net Income 2015: $3,502,8672015Revenue 2016: $132,077,537Expenses 2016: $98,213,444Net Income 2016: $33,864,0932016Revenue 2017: $94,623,532Expenses 2017: $92,285,875Net Income 2017: $2,337,6572017Revenue 2018: $128,448,950Expenses 2018: $84,558,185Net Income 2018: $43,890,7652018Revenue 2019: $42,244,445Expenses 2019: $80,199,768Net Income 2019: -$37,955,3232019Revenue 2020: $60,783,989Expenses 2020: $72,306,280Net Income 2020: -$11,522,2912020Revenue 2021: $72,299,111Expenses 2021: $69,108,421Net Income 2021: $3,190,6902021Revenue 2022: $67,901,686Expenses 2022: $72,195,873Net Income 2022: -$4,294,1872022Revenue 2023: $92,940,429Expenses 2023: $81,872,824Net Income 2023: $11,067,6052023Revenue 2024: $82,342,631Expenses 2024: $84,343,480Net Income 2024: -$2,000,8492024

Highlighted filing

2024

Revenue$82,342,631
Expenses$84,343,480
Net Income-$2,000,849

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$167$123$43.9$82.3$84.3$2.00
2023Summary only. Only limited summary data is available for this year.$184$138$45.9$92.9$81.9$11.1
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$182$147$34.8$67.9$72.2$4.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$85.2$46.1$39.1$72.3$69.1$3.19
2020Summary only. Only limited summary data is available for this year.$83.5$47.6$36.0$60.8$72.3$11.5
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$97.1$49.7$47.5$42.2$80.2$38.0
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$149$63.3$85.4$128$84.6$43.9
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$72.7$41.5$94.6$92.3$2.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$122$82.9$39.2$132$98.2$33.9
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$110$105$5.34$79.8$76.3$3.50
2014Detailed filing. Detailed filing data is available for this year.$114$112$1.83$59.9$57.7$2.20
2013Detailed filing. Detailed filing data is available for this year.$104$104$0.19$18.8$35.9$17.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.0$49.7$17.3$19.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.8$28.2$16.5$2.89
2010Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.40$0.27$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$87,771,537
Mission and Program Overview

Mission

Operate a state-of-the-art, world class genome sequencing, bioinformatics and research center in new york city. For more information, see schedule o.

Providing global leadership in human genome research and its translation into clinical care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$46,071,277$43,485,057▼ $2,586,220
Pledges and Grants Receivable$18,649,498$16,784,952▼ $1,864,546
Accounts Receivable$7,382,860$7,076,051▼ $306,809
Cash and Non-Interest-Bearing Accounts$9,326,778$5,408,177▼ $3,918,601
Savings and Temporary Cash Investments$3,505,459$4,402,079▲ $896,620
Prepaid Expenses and Deferred Charges$2,491,274$2,478,585▼ $12,689
Inventories for Sale or Use$1,607,153$1,429,249▼ $177,904
Total Assets$184,052,230$166,954,755▼ $17,097,475
Other Assets Total$95,017,931$85,890,605▼ $9,127,326
Liabilities
Other Liabilities$113,573,845$101,812,380▼ $11,761,465
Deferred Revenue$14,803,697$13,422,281▼ $1,381,416
Accounts Payable and Accrued Expenses$7,098,614$5,863,554▼ $1,235,060
Unsecured Notes Loans Payable$2,660,000$1,940,000▼ $720,000
Total Liabilities$138,136,156$123,038,215▼ $15,097,941
Net Assets / Fund Balance
Net Assets With Donor Restrictions$25,711,149$29,219,123▲ $3,507,974
Net Assets Without Donor Restrictions$20,204,925$14,697,417▼ $5,507,508
Total Net Assets Fund Balance$45,916,074$43,916,540▼ $1,999,534
Total Liabilities and Net Assets / Fund Balance$184,052,230$166,954,755▼ $17,097,475

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$33,318,973$38,077,082$71,396,055
Equipment$8,979,589$61,453,632$70,433,221
Other Land Buildings$1,186,495$3,362,373$4,548,868
Other Assets Org$80,062,853--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$3,481,000$1,519,000--$5,000,000
2023-$3,481,000--$3,481,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom Maniatis PhdScientific Director & CEOFT$675,040-$675,040
Sarah Lesser AvinsSVP, Advancement & Chief DFT$566,991$38,719$605,710
ELIZABETH BROOKS O'BRIENVP & General CounselFT$468,516$46,016$514,532
Soren GermerSVP, Genome TechnologiesFT$439,717$38,719$478,436
Carol AsheChief Business OfficerFT$438,815$20,817$459,632
Maria JoantaChief Financial OfficerFT$341,190$96,036$437,226
Michael Charles ZodyScientific Dir, Comp BioloFT$371,713$30,204$401,917
Thomas LehnerSci Dir, Neuro Dg (through 11/24)FT$343,152$58,226$401,378
Charles GagnonChief Information OfficerFT$341,546$49,771$391,317
Shailaja GargeyaSenior Dir, Software EnginFT$329,545$40,488$370,033
Dayna M OschwaldChief of StaffFT$294,329$35,757$330,086
Christopher Phifer BlackSr. Dir., Research Comp.FT$263,806$45,444$309,250
Avinash Vijay AbhyankarDirector, Clinical Bioinform.FT$259,321$41,952$301,273
Catherine E ReevesSr. Dir., Sequencing OperationsFT$241,489$36,532$278,021

Board Members and Trustees

NameTitle
Russell L Carson MbaDirector & Chairman
Ivan G Seidenberg MbaDirector & Co-chair
Frank V SicaDirector & Committee Chair
Herb Pardes MdDirector & Exec. Vice Chair (ended 4/24)
Anthony B Evnin PhdDirector
Bruce Stillman PhdDirector
Dafna Bar-sagi PhdDirector
Dennis S Charney MdDirector
Eli CasdinDirector
John B EhrenkranzDirector
John P HavensDirector
Joseph E EdelmanDirector
Katrina Armstrong MdDirector
Kevin J Tracey MdDirector
Nancy a ThornberryDirector
Nicholas DonofrioDirector
Richard P Lifton Md PhdDirector
Robert a Harrington MdDirector
Selwyn M Vickers MdDirector
Weslie R JanewayDirector
Kenneth a Dill PhdDirector (ended 10/24)
Barbara Rosati PhdDirector (started 10/24)
David N Spergel PhdDirector (started 3/24)
Alondra Nelson PhdDirector (started 6/24)
Steven J Corwin MdDirector (started 6/24)
Jim Simons PhdDirector (through 5/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Donnelly MechanicalEngineering Services96-59 222ND STREET, Queens, NY 11429$783,173
Guardian Services Industries INCCleaning Services88005 EXPEDITE WAY, Chicago, IL 60695$399,966
Howson & Howson LLPLegal Services325 SENTRY PARKWAY EAST, Blue Bell, PA 10422$360,656
SpencerstuartRecruiting Services353 N CLARK SUITE 2400, Chicago, IL 60654$224,340
Rsm US LLPConsulting Services30 S 17TH ST SUITE 710, Philadelphia, PA 19103$192,350
Revenue and Support

Revenue Composition

Contributions and Grants
$75,537,348
Program Service Revenue
$4,904,919
Investment Income
$360,077
Other Revenue
$1,540,287
All Other Contributions
$50,751,737
Change in Net Assets
$-2,000,849

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table103$310,488Fair Market Value (FMV)
Total Noncash Contributions103$310,488-

Audited Revenue Reconciliation

Revenue per Audited Statements
$87,771,537
Revenue Not Reported on Financial Statements
$-5,428,906
Revenue Not Reported on Form 990
$287,315
Other Revenue Adjustments
$-5,428,906
Total Revenue per Audited Statements
$88,058,852
Total Revenue per Form 990
$82,342,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,402,203
Salaries, Compensation, and Employee Benefits$37,954,307
Grants and Similar Amounts Paid$2,986,182
Total Fundraising Expense$1,329,428
Professional Fundraising Fees$788

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,579,840$5,629,217$394,636$25,603,693
Occupancy$10,612,675$2,532,183$113,182$13,258,040
Depreciation Depletion$6,207,285$319,367$38,711$6,565,363
Current Officers, Directors, Trustees, and Key Employees$1,956,771$1,802,707$605,710$4,365,188
Information Technology$3,862,562$415,067-$4,277,629
Payroll Taxes$2,683,383$616,019$62,607$3,362,009
Other Employee Benefits$2,456,982$613,345$26,395$3,096,722
Grants to Domestic Orgs$2,668,307--$2,668,307
Fees for Services Other$2,515,327$100,511-$2,615,838
Pension Plan Contributions$1,130,593$349,052$47,050$1,526,695
Insurance-$797,641-$797,641
Office Expenses$243,048$254,990$7,456$505,494
All Other Expenses$155,442$294,205$27,441$477,088
Travel$406,595$48,880$1,570$457,045
Fees for Services Legal-$455,423-$455,423
Royalties$360,696--$360,696
Other Expenses$19,202$313,248-$332,450
Foreign Grants$317,875--$317,875
Interest$195,569$92,887$1,621$290,077
Fees for Services Accounting-$141,144-$141,144
Conferences and Meetings$80,790$24,311$2,261$107,362
Fees for Services Lobbying-$60,000-$60,000
Fees for Services Professional Fundraising--$788$788
Total Functional Expenses$68,153,855$14,860,197$1,329,428$84,343,480

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$90,058,386
Expenses per Audited Statements$84,343,480
Total Expenses per Form 990$84,343,480
Expenses Not Reported on Form 990$5,714,906
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Columbia UniversityNew York, NY501(c)(3)Research Subaward$375,710
Johns Hopkins UniversityBaltimore, MD501(c)(3)Research Subaward$354,063
Memorial Sloan-kettering Cancer CenterNew York, NY501(c)(3)Research Subaward$279,421
Nyu Grossman School of MedicineNew York, NY501(c)(3)Research Subaward$205,910
Cold Spring Harbor LaboratoryCold Spring Harbor, NY501(c)(3)Research Subaward$200,000
Icahn School of Medicine at Mount SinaiNew York, NY501(c)(3)Research Subaward$143,729
Weill Cornell Medical CollegeNew York, NY501(c)(3)Research Subaward$111,815
Morehouse School of Medicine IncAtlanta, GA501(c)(3)Research Subaward$95,176
Rockefeller UniversityNew York, NY501(c)(3)Research Subaward$93,797
The Feinstein Institutes for Medical ResearchManhasset, NY501(c)(3)Research Subaward$79,582
Rutgers the State UniversityPiscataway, NJ501(c)(3)Research Subaward$65,864
New York UniversityNew York, NY501(c)(3)Research Subaward$38,422
Regents of the University of CaliforniaOakland, CA501(c)(3)Research Subaward$37,951
Yale UniversityNew Haven, CT501(c)(3)Research Subaward$20,951

International Summary

Offices
0
Employees
3
Spending
$546,028

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaGrantmaking---$167,765
Europe (including Iceland and Greenland)Grantmaking---$150,110
Europe (including Iceland and Greenland)Program ServicesResearch02$127,064
North AmericaProgram ServicesResearch01$67,729
AfricaProgram ServicesResearch00$33,360
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$788
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Silas ManiatisFamily MemberSALARY+BENNo$191,812
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right-of-use-liability$100,610,678
Financing Lease Obligations$1,201,702
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Nygc board members eli casdin, anthony evnin, thomas maniatis, and nancy thornberry have a business relationship, either directly or indirectly, through kallyope, inc., a biotechnology company developing oral therapeutics against metabolic, neurological, and gastrointestinal diseases. Nygc has not conducted any business with kallyope, inc.

Form 990, Part VI, Section A, Line 6

Organization members as of december 31, 2024, the center had a total of 13 members, consisting of ten institutional founding members and three associate members. The institutional founding members are the following recognized academic, medical, and research institutions: (1) cold spring harbor laboratory, (2) cornell university/weill cornell medicine, (3) memorial sloan-kettering cancer center, (4) icahn school of medicine at mount sinai, (5) new york-presbyterian hospital, (6) new york university, school of medicine, (7) northwell health, (8) rockefeller university (9) the research foundation of state university of new york, on behalf of stony brook university, and (10) the trustees of columbia university in the city of new york. Associate members: (1) american museum of natural history, (2) hospital for special surgery, and (3) hackensack meridian health.

Form 990, Part VI, Section A, Line 7A

Organization members - decision making each institutional founding member appoints one representative to serve on nygc's board of directors. The board of directors also includes the scientific director/ceo and independent directors appointed by the board. Decisions requiring board approval include the admission of new members, changes to the mission, certificate of incorporation, and bylaws, appointment or removal of the chairperson of the board and the scientific director, and adoption of certain policies and procedures. The board also reviews and approves the annual operating budget. Management has the ability to enter into business arrangements and contracts, including financing arrangements, and has the discretion to make certain decisions without formal board approval.

Form 990, Part VI, Section B, Line 11B

Form 990 review the form 990 is prepared by an independent public accounting firm, utilizing information provided by management. Upon receipt of the draft form 990, management, including the chief financial officer, general counsel, and the scientific director & ceo, review the form. Prior to filing, management presents the form 990 to the audit committee of the board for review and comment. Prior to filing, management also provides the form 990 to the entire board of directors.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy & review nygc requires all interested persons (defined as board members, officers, and key employees) to disclose conflicts of interest as required by the conflict of interest policy. Nygc follows a procedure for obtaining such disclosures annually. Any potential conflicts of interest disclosed by board members or officers must be reviewed by the board. If an interested person has a potential conflict of interest, he or she may present information relevant to the conflict of interest or underlying transaction at a board or committee meeting, but after such presentation, he/she shall leave the meeting during the discussion of, and vote on, the transaction or arrangement that creates the potential conflict of interest.

Form 990, Part VI, Section B, Line 15

Compensation review and approval for the organization's top management official, please refer to schedule j narratives for the process of determining compensation. For 2024, nygc hired an independent, outside compensation consultant to perform an analysis of senior management's total compensation. The review showed that the compensation paid to members of senior management was reasonable. The compensation committee of the board (which is composed of independent board members) met at a committee meeting held in january 2024 and approved the 2024 compensation to be paid to senior management. The committee documented its actions in written meeting minutes. The senior management team did not receive merit increases in 2024.

Form 990, Part VI, Section C, Line 19

Document availability nygc's governing documents, conflict of interest policy, and financial statements are available upon request.

Form 990, Part VII, Section A

In 2024, tom maniatis, phd., scientific director & ceo, was employed by an unrelated entity and leased to nygc to devote 80% of his time and effort to serve as nygc's scientific director and ceo, an officer of the corporation, and an associate member of nygc's faculty, with responsibility for overseeing nygc's research programs and for undertaking such other activities as nygc's board of directors requested from time to time. Dr. Maniatis devoted 20% of his time to his duties at the unrelated entity, where he maintained a laboratory and conducted independent, investigator-initiated research projects.

Filing and Contact Details

Filer

Filer Name
New York Genome Center Inc
EIN
80-0631734
Phone
6469777000
Address
101 AVENUE OF THE AMERICAS 7TH FL, NEW YORK, NY 10013-1941

Signing Officer

Name
Nancy Kong
Title
Interim CFO
Phone
6469777000
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Maniatis
Formed
2010
Legal Domicile
De
Voting Board Members
24
Independent Board Members
23
Employees
284
Volunteers
27

Preparer

Firm
Kpmg Llp
Address
TWO MANHATTAN WEST 375 9TH AVENUE, NEW YORK, NY 10001
Preparer
Evan W Seekamp
Phone
2127589700
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1 & PART III, LINE 1:

The new york genome center (nygc) is an independent non-profit scientific research institution dedicated to collaborative genomic research. Nygc's mission is to advance genomic science to drive novel biomedical discoveries and transform patient care through precision medicine. Nygc's areas of focus include the development of computational and experimental genomic methods and disease-focused research to further the understanding of the genetic basis of cancer, neurodegenerative disease, and neuropsychiatric disease. The nygc team, led by evnin family scientific director and ceo, tom maniatis, phd, includes associate and core faculty members who hold joint appointments at leading academic institutions. The center brings together outstanding thought leaders from ten founding & three associate member institutions, as well as 95 affiliate scientific members, to engage in collaborative research. Convening talent and expertise from multiple top-tier scientific and medical institutions in the new york area and beyond, nygc has created a highly collaborative scientific ecosystem and community resource that is more than the sum of its parts. Nygc also provides researchers with access to state-of-the-art genomic infrastructure (e.g., a high-performance computing infrastructure, software, and next-generation sequencing instruments), as well as technology innovation know-how and expertise. Nygc has the following key objectives: (i) leading and contributing to intellectually vibrant research collaborations in the academic and scientific communities in new york city, across the united states, and around the world, fostering innovation and knowledge exchange; (ii) recruiting and retaining diverse, world-class scientific talent to lead the organization's research and technology development programs; (iii) supporting research conducted by the institutional founding members, other academic, research, and medical institutions, as well as the biotechnology and pharmaceutical industry, to advance nygc's scientific research mission; (iv) developing innovative experimental and computational genomic methods based on the research and sequencing activities conducted by nygc for the broader benefit of the research community; (v) improving human health through genomic research that drives novel biomedical discoveries; (vi) providing training to the academic, research, and technology development communities; (vii) creating a workplace environment that is welcoming and fair to all, where every individual feels valued and respected, regardless of race, ethnicity, gender, sexual orientation, physical disability, age, religion, or veteran status, and (viii) carrying out activities ancillary to these objectives.

Form 990, Part III, Line 4A & Line 4B

Nygc is committed to advancing genomic science to drive novel biomedical discoveries and transform patient care through precision medicine. Research and faculty nygc maintains a strong commitment to recruiting outstanding faculty with broad expertise in disease genomics, computational and machine learning approaches, engineering, and genomic technologies. The genomic expertise of our world-class scientists includes cancer, neurodegenerative and neuropsychiatric disease, genome editing, single-cell and spatially-resolved multiomics, high-resolution imaging, 3-dimensional genome structure, functional genomics, whole genome sequencing, bioinformatics, computational biology, machine learning, genomic data privacy, and molecular diagnostics. Each faculty member has built a robust research program and holds a joint tenure-track appointment at one of our partner institutions. Nygc also has a distinguished group of senior associate faculty, affiliate members, and a scientific advisory board (sab) comprised of world-leaders in genomics and who bring invaluable scientific leadership and mentorship to the center. Our senior leadership team, together with the extensive experience and guidance of our senior faculty and scientific advisory board, empowers the next generation of genomic researchers to pursue groundbreaking discoveries in biomedical research, driving advancements that can transform healthcare and improve patient outcomes. In 2024, nygc scientists published 78 studies in high-impact scientific journals, establishing new insights into the causes and mechanisms of disease, innovative new genomic technologies, and novel computational approaches shared widely with the scientific community to help advance precision medicine. Two of nygc's core faculty members, rahul satija, phd, and neville sanjana, phd, were once again named among the world's most cited researchers on clarivate analytics' 2024 highly cited researchers list for the sixth consecutive year, a testament to their impactful contributions and influence in their respective fields of study. This annual list gathers those in the field who demonstrated significant and broad influence reflected in their publications of multiple highly cited papers over the last decade. The highly cited papers rank in the top 1% by citation for a field or fields and publication year in the web of science. In 2024, nygc expanded its commitment to scientific training with the launch of its early career development program for post-baccalaureates. This program welcomed its first cohort of aspiring researchers with the opportunity to gain hands-on research experience in genomics, computational biology, technology innovation, and clinical genetic testing. Nygc has continued to make significant progress in its core research areas. Noteworthy examples of this progress include: cancer: nygc's signature polyethnic-1000 (p-1000) is a multi-institutional collaborative effort led by drs. Harold varmus and charles sawyers, nygc's cancer group, and leaders from across new york city's cancer research community, leveraging the city's extraordinary diversity to advance cancer genomics and its application in clinical care. Designed to democratize cancer genomics through whole-genome sequencing, bioinformatic analysis, clinical research, and community outreach, p-1000 has created a powerful platform for understanding how different genetic backgrounds influence cancer. This widely recognized framework laid the foundation for team sambai, recipient of the prestigious cancer grand challenge (cgc) award. Led by dr. Melissa davis, nygc associate faculty member; director, institute of translational genomic medicine, morehouse school of medicine; scientific director, international center for the study of breast cancer subtypes; director of health equity, englander institute of precision medicine; and associate professor of cell and developmental biology, weill cornell medicine, team sambai (societal, ancestry, molecula

Form 990, Part III, Line 4A & Line 4B (continued)

Genomic technology: this year, the nygc technology innovation lab has focused significant efforts on advancing spatial genomics and molecular profiling technologies. Through innovative projects like microst, spatial cut&tag, and the development of the csplotch algorithm, the team is delivering tools that enhance our understanding of gene expression, cellular composition, and tissue-specific gene regulation. These projects are not only expanding the available research toolkit and capabilities in the field, but also revealing new insights into the molecular mechanisms underlying complex biological processes, aging, and disease - insights that may pave the way for future therapeutic breakthroughs. The nygc has built an impressive genomic technology and sequencing infrastructure, enabling high-throughput next-generation sequencing with robust analytics and broad access to cutting-edge technologies to the new york research community. The nygc production sequencing lab has been generating sequencing data for a large number of projects and a diverse set of investigators from throughout the new york city community and beyond, including for major nih grants and for the brain initiative cell atlas network (bican), primarily in collaboration with the allen institute in seattle. The lab has sequenced nearly 200 illumina flow cells (nearly 3 trillion sequencing reads), generating large scale single cell and multiomic data for the atlas. The center remains at the forefront of high-quality sequencing at scale through early and strategic investment in the latest tools and technologies. Clinical laboratory: nygc houses a state-of-the-art clinical diagnostic laboratory that utilizes next-generation sequencing technology to perform advanced tests in genetics and oncology. This lab is foundational to nygc's ability to deliver rapid, high-quality clinical genomic services that are directly shaping patient care. One of nygc's flagship initiatives is the women's genetics center (wgc), launched in partnership with new york-presbyterian hospital and columbia university irving medical center. This collaboration is dedicated to changing women's healthcare through the clinical application of genome sequencing (gs). The wgc is developing affordable, routine gs-based tests for women seeking genetic consultation for pregnancy planning, fetal anomalies, and prenatal genetic testing. The goal is to eventually replace traditional tests, such as karyotyping, chromosomal microarrays, and panel or exome sequencing, with more comprehensive, cost-effective gs solutions. Community: in support of nygc's vision and values, nygc is committed to fostering community and a culture of belonging, shared purpose, and mutual respect. The organization has been working to help employees feel connected to their work and the center's core values, while building a strong sense of community. Our goal is to ensure that every community member feels represented, respected, supported, and treated with dignity, while celebrating their unique backgrounds, talents, and perspectives.

Financial Statement Notes

PART V, LINE 4:

The thomas maniatis chair for excellence and innovation in genomic science fund was established to recognize and honor the integral role played by thomas maniatis, ph.d., in making the new york genome center a leader in the furtherance of genomic research. A designated portion, approximately 5% of the fund's earnings annually will be made available for general expenditure. The board of directors has discretion to make additional funds available to support the essential needs of the organization.

PART X, LINE 2:

Nygc is subject to the provisions of the fasb asc section 740-10-05, income taxes - overall, relating to accounting and reporting for uncertainty in income taxes. Nygc recognizes the effect of income tax positions only if those positions are more likely than not of being sustained and has determined it did not have any exposure to uncertain tax positions during 2024 and 2023.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Reclass of direct rental expense -5,428,906.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Reclass of direct rental expense 5,428,906.

Raw XML AppendixShowing 400 of 1,355 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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