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Nonprofit · EIN 42-1457548

KRELL INSTITUTE INC

Tax-exempt · AMES, IA 50010

Financials

$18.9M$18.9M2023$20M$19.9M2024
Revenue Expenses · by fiscal year end
Financials of KRELL INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$19,953,360$19,931,630$21,730$3,756,756$2,893,568$863,188
September 30, 2024990$18,941,044$18,912,741$28,303$2,828,785$1,987,327$841,458
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$19,894,757
of which government grants
$19,894,007
Program service revenue
$28,586
Investment income
$30,017
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$916,228
Other salaries and wages
$1,256,081
Salaries, compensation and benefits (total)
$2,617,754
Professional fundraising fees
$0
Accounting fees
$42,232
Occupancy
$164,446
Travel
$840,734
Program services (functional)
$18,353,079
Management and general (functional)
$1,578,551

Balance sheet and other

Total assets, start of year
$2,828,785
Total assets, end of year
$3,756,756
Total liabilities, end of year
$2,893,568
Net assets, end of year
$863,188
Net assets without donor restrictions
$777,775
Net assets with donor restrictions
$85,413
Gross receipts
$19,953,360
Employees
25
Volunteers
100
Year formed
1996
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SHELLY OLSANPRESIDENT
Officer
40$323,220$71,148
BETH BROSNAHANDIRECTOR OF FINANCE & ADMIN
Officer
40$200,971$58,493
NAZANIN IMANIDIRECTOR OF TECHNOLOGY
Officer
40$194,132$34,321
BILL CANNONDIRECTOR OF COMMUNICATIONS
Highest-paid employee
40$159,016$38,491
MAT WYMORESENIOR DEV OPS ENGINEER
Highest-paid employee
40$123,949$45,007
ROB PEARSONSENIOR NETWORK ADMINISTRATOR
Highest-paid employee
40$126,506$16,854
BUDDY BECKBOARD CHAIR
Trustee or director
1$0$0
ALLAN BURMANDIRECTOR
Trustee or director
0.5$0$0
DONA CRAWFORDDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
SHELLY OLSANPRESIDENT
Officer
40$292,709$66,851
BETH BROSNAHANDIRECTOR OF FINANCE & ADMI
Officer
40$195,747$55,116
NAZANIN IMANIDIRECTOR OF TECHNOLOGY
Officer
40$189,097$23,617
WILLIAM CANNONSCIENCE MEDIA MANAGER
Highest-paid employee
40$152,853$36,602
ROBERT PEARSONNETWORK AND SYSTEMS ADMIN
Highest-paid employee
40$121,616$16,805
BUDDY BECKBOARD CHAIRMAN
Trustee or director
1$0$0
ALLAN BURMANDIRECTOR
Trustee or director
0.5$0$0
DONA CRAWFORDDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1609 GOLDEN ASPEN DR STE 101, AMES, IA 50010-8078
In care of
% DBA THE KRELL INSTITUTE
Principal officer (990 for 2024)
SHELLY OLSAN, 1609 GOLDEN ASPEN DRIVE SUITE 101, AMES, IA 500108078
Signed the 990
BETH BROSNAHAN, DIRECTOR OF FINANCE & ADMIN
Phone
(515) 956-3696
Return prepared by
RSM US LLP

Mission

TO PROMOTE THE APPLICATION OF MODERN COMPUTING, COMMUNICATION, AND INFORMATION TECHNOLOGIES TO NATIONAL PRIORITIES.

990 for the year ended September 30, 2025

Program accomplishments

  • THE DEPARTMENT OF ENERGY COMPUTATIONAL SCIENCE GRADUATE FELLOWSHIP PROGRAM SELECTS HIGHLY QUALIFIED STUDENTS AND SUPPORTS THEIR RESEARCH AND ACADEMIC STUDY FOR UP TO FOUR YEARS OF THEIR PHD GRADUATE WORK IN A COMPUTATIONAL SCIENCE AND ENGINEERING DISCIPLINE AREA THAT IS IMPORTANT TO THE UNITED STATES DEPARTMENT OF ENERGY'S OFFICE OF SCIENCE AND NATIONAL NUCLEAR SECURITY ADMINISTRATION. THE DOE CSGF FELLOWS MUST COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWELVE CONSECUTIVE WEEKS AT A DEPARTMENT OF ENERGY LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL PROGRAM REVIEW TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE DOE COMPUTATIONAL SCIENCE GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF. DURING FY2025, 42 FELLOWS COMPLETED A RESEARCH PRACTICUM, AND 30 STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE CURRENT NUMBER OF FELLOWS IN THE PROGRAM TO 140. FELLOWS ARE ENROLLED AT 48 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES. OF THE 28 FELLOWS WHO COMPLETED THEIR FELLOWSHIP DURING THE FISCAL YEAR, ALL HAVE SELF-REPORTED THAT THEY ARE CONTINUING WORK ON THEIR PHD, ARE POST-DOCTORAL STUDENTS OR HAVE GRADUATED AND ARE WORKING. SELF-REPORTED EMPLOYMENT SHOWED THAT 14% OF DOE CSGF ALUMNI ARE CURRENTLY EMPLOYED AT DOE LABORATORIES.
    Expenses $14,412,472
  • THE STEWARDSHIP SCIENCE GRADUATE FELLOWSHIP (SSGF) PROGRAM SELECTS HIGHLY QUALIFIED STUDENTS IN STEWARDSHIP SCIENCE DISCIPLINES THAT ARE IMPORTANT TO THE UNITED STATES DEPARTMENT OF ENERGY'S NATIONAL NUCLEAR SECURITY ADMINISTRATION. STEWARDSHIP SCIENCE INCLUDES AREAS OF STUDY RELATIVE TO HIGH ENERGY DENSITY PHYSICS, NUCLEAR SCIENCE, MATERIALS UNDER EXTREME CONDITIONS, AND HYDRODYNAMICS. THE FELLOWS COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWELVE CONSECUTIVE WEEKS AT A DEPARTMENT OF ENERGY NATIONAL DEFENSE LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL SYMPOSIUM TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE STEWARDSHIP SCIENCE GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF. DURING FY2025, FIVE FELLOWS COMPLETED THE PHD FELLOWSHIP PROGRAM AND ARE NOW EMPLOYED IN EITHER POSTDOCTORAL PROGRAMS, IN AN EDUCATIONAL FIELD, OR AT DEPARTMENT OF ENERGY LABORATORIES. FIVE NEW STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE TOTAL NUMBER OF FELLOWS IN THE PROGRAM TO 20. SSGF FELLOWS WERE ENROLLED AT 12 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES. THE DEPARTMENT OF ENERGY NATIONAL NUCLEAR SECURITY ADMINISTRATION LABORATORY RESIDENCY GRADUATE FELLOWSHIP (DOE NNSA LRGF) SELECTS AND SUPPORTS STUDENTS PURSUING A PH.D. IN AREAS OF ENGINEERING AND APPLIED SCIENCES, PHYSICS, MATERIALS AND MATHEMATICS AND COMPUTATIONAL SCIENCE THAT ADDRESS COMPLEX SCIENCE AND ENGINEERING PROBLEMS CRITICAL TO STEWARDSHIP SCIENCE. THE FELLOWS COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWO TWELVE-WEEK RESIDENCIES AT A DEPARTMENT OF ENERGY NATIONAL DEFENSE LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL SYMPOSIUM TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE LABORATORY RESIDENCY GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF.DURING FY2025, SIX NEW STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE TOTAL NUMBER OF FELLOWS IN THE PROGRAM TO 18. FOUR FELLOWS COMPLETED THE PHD FELLOWSHIP PROGRAM AND ARE NOW EMPLOYED AT DEPARTMENT OF ENERGY LABORATORIES, IN ACADEMIA, WITHIN NNSA, OR IN INDUSTRY. DURING THIS TIME, LRGF FELLOWS WERE ENROLLED AT 12 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES.
    Expenses $3,912,498
  • THE COMMUNICATION PROJECT DEVELOPS AND PROVIDES ACCESSIBLE, CONCISE, AND SCIENTIFICALLY ACCURATE PRESENTATIONS OF THE RESEARCH SUPPORTED BY THE DEPARTMENT OF ENERGY (DOE) AT DOE LABORATORIES, AT UNIVERSITIES, AND IN INDUSTRY. IT ALSO STUDIES HOW THE COMMUNICATION OF COMPUTATIONAL SCIENCE AND ENGINEERING RESEARCH IS BEST FRAMED AND DISSEMINATED TO THE PUBLIC SECTOR AND TO EDUCATIONAL INSTITUTIONS.
    Expenses $28,109 · revenue $28,586

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
42-1457548
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B500)
Assets (IRS master file)
$3,756,756
Income (IRS master file)
$19,953,360

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$19,953,360$19,931,630$3,756,756XML
990September 2024$18,941,044$18,912,741$2,828,785XML
990September 2023$16,793,664$16,780,679$2,414,467IRS
990September 2022$14,305,955$14,304,338$2,185,280IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1457548).

Questions about KRELL INSTITUTE INC

What is the EIN of KRELL INSTITUTE INC?
The employer identification number (EIN) of KRELL INSTITUTE INC is 42-1457548.
Is KRELL INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to KRELL INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KRELL INSTITUTE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KRELL INSTITUTE INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KRELL INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of KRELL INSTITUTE INC?
The 990 for the year ended September 30, 2025 names SHELLY OLSAN.
Who are the officers and directors of KRELL INSTITUTE INC?
The 990 for the year ended September 30, 2025 lists 9 people; 6 received compensation from the organization, the highest $323,220 (SHELLY OLSAN, PRESIDENT).
How much revenue does KRELL INSTITUTE INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $19,953,360, expenses of $19,931,630 and total assets of $3,756,756 at year end.

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