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Nonprofit · EIN 87-1097792

CEDARS SINAI INTELLECTUAL PROPERTY COMPANY

Tax-exempt · W HOLLYWOOD, CA 90048

Financials

$898.4M$9.1M2022$12.3M$12.3M2023$9.4M$8.6M2024
Revenue Expenses · by fiscal year end
Financials of CEDARS SINAI INTELLECTUAL PROPERTY COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,424,010$8,576,015$847,995$175,260,138$16,074,215$159,185,923
June 30, 2024990$12,258,610$12,317,801-$59,191$149,685,069$6,380,978$143,304,091
June 30, 2023990$898,368,973$9,050,545$889,318,428$122,775,513$2,520,961$120,254,552
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
-$3,753,051
Royalties
$13,282,344
Net gain from sales of assets
-$3,757,486
Other revenue
$13,177,061

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,016,303
Accounting fees
$5,882
Program services (functional)
$8,421,483
Management and general (functional)
$154,532

Balance sheet and other

Total assets, start of year
$149,685,069
Total assets, end of year
$175,260,138
Total liabilities, end of year
$16,074,215
Net assets, end of year
$159,185,923
Net assets without donor restrictions
$159,185,923
Gross receipts
$13,646,973
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
CA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHLOMO MELMEDDIRECTOR
Trustee or director
1$0$3,293,445$579,228
DAVID M WRIGLEYTREASURER AND DIRECTOR
Trustee or director, Officer
1$0$2,815,920$353,689
JAMES D LAURPRESIDENT AND DIRECTOR
Trustee or director, Officer
16$0$1,532,229$331,921
EDWARD M PRUNCHUNASDIRECTOR
Trustee or director
1$0$463,867$367,380
ERIC SEESECRETARY
Officer
20$0$227,556$50,359
PAMELA COLLINGWOODFORMER OFFICER
Former
0$0$136,645$56,341
ALEXANDER Y CHAISECRETARY
Officer
23$0$95,475$14,636
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHLOMO MELMEDDIRECTOR
Trustee or director
1$0$3,647,188$602,262
DAVID M WRIGLEYTREASURER AND DIRECTOR
Trustee or director, Officer
1$0$2,858,771$339,896
EDWARD M PRUNCHUNASDIRECTOR
Trustee or director
1$0$1,424,344$274,507
JAMES D LAURPRESIDENT AND DIRECTOR
Trustee or director, Officer
17$0$1,333,870$195,233
PAMELA COLLINGWOODSECRETARY
Officer
45$0$406,806$67,641
ERIC SEESECRETARY
Officer
26$0$235,067$32,246
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHLOMO MELMEDDIRECTOR
Trustee or director
1$0$2,965,359$657,620
EDWARD M PRUNCHUNASDIRECTOR
Trustee or director
1$0$2,734,586$156,587
DAVID M WRIGLEYTREASURER AND DIRECTOR
Trustee or director, Officer
1$0$1,947,870$242,343
JAMES D LAURPRESIDENT AND DIRECTOR
Trustee or director, Officer
17$0$1,303,261$112,471
PAMELA COLLINGWOODSECRETARY
Officer
45$0$335,523$18,441

Address and contacts

Address (IRS master file)
8700 BEVERLY BLVD, W HOLLYWOOD, CA 90048-1804
In care of
% JAMES LAUR
Principal officer (990 for 2024)
JAMES D LAUR, 8700 BEVERLY BLVD, LOS ANGELES, CA 90048
Signed the 990
JAMES D LAUR, PRESIDENT & DIRECTOR
Phone
(310) 423-3277
Return prepared by
ERNST & YOUNG US LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 87-1097792 or by the name CEDARS SINAI INTELLECTUAL PROPERTY COMPANY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

CEDARS SINAI INTELLECTUAL PROPERTY COMPANY ("CSIP") IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. CSIP'S SPECIFIC PURPOSE IS TO SUPPORT AND BENEFIT CEDARS-SINAI MEDICAL CENTER ("CSMC") THROUGH(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)THE MANAGEMENT AND LICENSING OF INTELLECTUAL PROPERTY ASSETS DERIVED FROM CSMC'S RESEARCH ACTIVITIES INCLUDING DEVELOPMENT OF EARLY-STAGE COMPANIES THAT LICENSE AND DEVELOP CSMC INTELLECTUAL PROPERTY.

990 for the year ended June 30, 2025

Program accomplishments

  • CSIP IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CSIP'S PROGRAM SERVICES INCLUDE THE FOLLOWING ACTIVITIES:1) EDUCATE THE FACULTY AND RESEARCH STAFF AT CSMC ABOUT THE BASIC PRINCIPLES OF INTELLECTUAL PROPERTY PROTECTION;2) CAPTURE NEW TECHNOLOGIES AND DISCOVERIES MADE AT CSMC, AND SECURE THE APPROPRIATE INTELLECTUAL PROPERTY PROTECTION FOR THE TECHNOLOGIES AND DISCOVERIES;(CONTINUED ON SCHEDULE O)(CONTINUED)3) EVALUATE THE POTENTIAL OF THE TECHNOLOGIES AND DISCOVERIES FOR FURTHER DEVELOPMENT INTO PRODUCTS AND SERVICES THAT COULD HAVE A POSITIVE IMPACT ON ILLNESS OR DISEASE, UNMET HEALTH NEEDS, OR HEALTH CARE DELIVERY;4) SUPPORT FURTHER DEVELOPMENT OF THE TECHNOLOGY TO CREATE THE POTENTIAL FOR IT TO BECOME A PRODUCT OR SERVICE BENEFITING THE COMMUNITY AS A WHOLE; 5) DEVELOP AND MAINTAIN A NETWORK OF RESEARCHERS AND TECHNOLOGY PROFESSIONALS IN ACADEMIC INSTITUTIONS AND INDUSTRY THAT CAN COLLABORATE TO SUPPORT EARLY-STAGE DISCOVERIES MADE THROUGH CSMC BIOMEDICAL RESEARCH; 6) IDENTIFY COMMERCIAL PARTNERS TO LICENSE THE INTELLECTUAL PROPERTY OR SUPPORT THE DEVELOPMENT OF THE TECHNOLOGY BY NEW COMPANIES CREATED FOR THAT PURPOSE;7) ADVISE AND INVEST IN EARLY-STAGE COMPANIES THAT LICENSE THE INTELLECTUAL PROPERTY OR PARTNER WITH CSMC TO DEVELOP THE TECHNOLOGY; AND,8) MANAGE THE RELATIONSHIPS WITH LICENSEES, AND COMPANIES IN CSIP'S INVESTMENT PORTFOLIO.
    Expenses $8,421,483

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
87-1097792
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H99)
Assets (IRS master file)
$175,260,138
Income (IRS master file)
$13,646,973

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,424,010$8,576,015$175,260,138IRS
990-TJune 2025–––IRS
990June 2024$12,258,610$12,317,801$149,685,069XML
990-TJune 2024–––IRS
990June 2023$898,368,973$9,050,545$122,775,513XML
990-TJune 2023–––IRS
990June 2022$16,082,219$276$136,009,425IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––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 87-1097792).

Questions about CEDARS SINAI INTELLECTUAL PROPERTY COMPANY

What is the EIN of CEDARS SINAI INTELLECTUAL PROPERTY COMPANY?
The employer identification number (EIN) of CEDARS SINAI INTELLECTUAL PROPERTY COMPANY is 87-1097792.
Is CEDARS SINAI INTELLECTUAL PROPERTY COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to CEDARS SINAI INTELLECTUAL PROPERTY COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does CEDARS SINAI INTELLECTUAL PROPERTY COMPANY 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 CEDARS SINAI INTELLECTUAL PROPERTY COMPANY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CEDARS SINAI INTELLECTUAL PROPERTY COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CEDARS SINAI INTELLECTUAL PROPERTY COMPANY?
The 990 for the year ended June 30, 2025 names JAMES D LAUR.
Who are the officers and directors of CEDARS SINAI INTELLECTUAL PROPERTY COMPANY?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does CEDARS SINAI INTELLECTUAL PROPERTY COMPANY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,424,010, expenses of $8,576,015 and total assets of $175,260,138 at year end.

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