47
Altarum Institute
Science & Technology · Novi, Michigan
26200 Town Center Dr Ste 350, Novi, MI 48375-1243
EIN: 381983442· Founded: Feb 1973· 53 years active· Filing Year: 2023
Annual Revenue
$32.8M
Total Expenses
$37.2M
Total Assets
$59.1M
Program Spending
11%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$3.1M
8.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$16.7M
Total Payroll
$19.9M
53% of total expenses
Where the Money Goes
11%
Programs: 11%
Payroll: 53%
Other overhead: 89%
Program Revenue$4.3M (13%)
Total Expenses$37.2M (100%)
Payroll$19.9M (53%)
Overhead (non-program)89%
Trust Score Breakdown
Program Spending Ratio
11% of expenses go to programs
Revenue & Stability
$32.8M annual revenue
Executive Compensation
$3.1M total officer comp (8.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$59.1M in assets
Similar Science & Technology Nonprofits in Michigan
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.