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Nonprofit · EIN 92-1555633

BLACKBIRD LABORATORIES INC

Tax-exempt · BALTIMORE, MD 21230

Financials

$88.2M$5.3M2023$4.3M$8.2M2024
Revenue Expenses · by fiscal year end
Financials of BLACKBIRD LABORATORIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,297,621$8,249,636-$3,952,015$85,463,986$6,511,182$78,952,804
December 31, 2023990$88,179,453$5,274,634$82,904,819$83,366,299$461,480$82,904,819
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,203,859
Program service revenue
$22,571
Investment income
$71,191
Net gain from sales of assets
$7,800
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,781,869
Other salaries and wages
$1,535,021
Salaries, compensation and benefits (total)
$3,578,205
Professional fundraising fees
$0
Legal fees
$46,130
Accounting fees
$85,529
Occupancy
$204,315
Travel
$141,057
Depreciation
$12,960
Program services (functional)
$7,199,305
Management and general (functional)
$1,050,331

Balance sheet and other

Total assets, start of year
$83,366,299
Total assets, end of year
$85,463,986
Total liabilities, end of year
$6,511,182
Net assets, end of year
$78,952,804
Land, buildings and equipment
$124,401
Net assets without donor restrictions
$3,037,292
Net assets with donor restrictions
$75,915,512
Gross receipts
$4,297,621
Employees
15
Volunteers
2
Year formed
2023
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MATT TREMBLAYCEO & BOARD MEMBER, TREASURER
Trustee or director, Officer
32$656,996$50,884
ANTHONY ACCORSIVENTURE PARTNER
Highest-paid employee
40$467,278$23,284
ALEKSANDRA BARANCZAKCHIEF PROGRAM OFFICER
Key employee
38$422,666$25,489
EDWARD CHEROKCHIEF BUSINESS OFFICER
Key employee
36$411,267$17,443
VIRGINA BURGERENTREPRENEUR-IN-RESIDENCE
Highest-paid employee
40$235,649$11,827
MATTHEW LAWLERENTREPRENEUR-IN-RESIDENCE
Highest-paid employee
40$230,152$11,575
EMILY WILKINSONDIR, FIN & OPS, CORP SEC/TREAS
Officer
40$165,810$31,314
YIXUAN QIUASSOCIATE DIRECTOR, RESEARCH PROGRAMS
Highest-paid employee
40$153,932$15,303
RYLAND SUMNERBOARD CHAIR
Trustee or director
1$0$0
MARK EDWARDSBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
MATT TREMBLAYCEO & BOARD MEMBER, TREASURER
Trustee or director, Officer
40$618,469$25,634
EDWARD CHEROK JRCHIEF BUSINESS OFFICER
Highest-paid employee
40$373,479$8,549
ALEKSANDRA BARANCZAKCHIEF PROGRAM OFFICER
Highest-paid employee
40$272,273$9,656
ANTHONY ACCORSIVENTURE PARTNER
Highest-paid employee
40$227,692$5,843
MATTHEW LAWLERENTREPRENEUR-IN-RESIDENCE
Highest-paid employee
40$137,265$3,107
JESSICA NGUYENCHIEF OF STAFF, SECRETARY
Officer
40$115,417$7,426
RYLAND SUMNERBOARD CHAIR
Trustee or director
1$0$0
MARK EDWARDSBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
101 WEST DICKMAN ST 100, BALTIMORE, MD 21230-5000
Principal officer (990 for 2024)
MATT TREMBLAY, 101 WEST DICKMAN ST 100, BALTIMORE, MD 21230
Signed the 990
MATT TREMBLAY, CEO
Phone
(202) 942-5355
Return prepared by
RSM US LLP

Mission

BLACKBIRD LABORATORIES IS AN INDEPENDENT NONPROFIT MEDICAL RESEARCH ORGANIZATION BASED IN BALTIMORE THAT IS FOCUSED ON CONDUCTING MEDICAL AND SCIENTIFIC RESEARCH IN CONJUNCTION WITH NONPROFIT HOSPITALS AND ACADEMIC INSTITUTIONS, SPECIFICALLY TO HELP MARYLAND'S UNIVERSITIES AND INVESTIGATORS AMPLIFY THE IMPACT OF THEIR ACADEMIC RESEARCH, BUILD INNOVATIVE COMPANIES, BRING TRANSFORMATIVE TECHNOLOGIES TO LIFE, AND CREATE A THRIVING ENTREPRENEURIAL ECOSYSTEM IN MARYLAND.

990 for the year ended December 31, 2024

Program accomplishments

  • BLACKBIRD LABORATORIES IS AN INDEPENDENT NONPROFIT MEDICAL RESEARCH ORGANIZATION BASED IN BALTIMORE, MARYLAND, WHICH CONDUCTS LIFE SCIENCES RESEARCH IN THE PURSUIT OF NEW TREATMENTS FOR DISEASES IN COLLABORATION WITH NONPROFIT HOSPITALS, ACADEMIC INSTITUTIONS, AND OTHER MEDICAL RESEARCH ORGANIZATIONS. SPECIFICALLY, WE AIM TO HELP MARYLAND'S UNIVERSITIES AND INVESTIGATORS AMPLIFY THE IMPACT OF THEIR ACADEMIC RESEARCH BY BRINGING TRANSFORMATIVE TECHNOLOGIES TO LIFE AND SUPPORTING START-UP FORMATION AND DEVELOPMENT. OUR GOAL IS TO BRIDGE THE GAP BETWEEN PIONEERING SCIENTIFIC RESEARCH AND INDUSTRY BY PROVIDING PROGRAM MANAGEMENT, STRATEGIC SCIENTIFIC AND BUSINESS COLLABORATION, AND FINANCIAL SUPPORT. OUR TEAM OF LIFE SCIENCES PROFESSIONALS FACILITATES THE DEVELOPMENT OF INNOVATIVE BIOTECHNOLOGY COMPANIES BY ADVANCING PROMISING TRANSLATIONAL TECHNOLOGY INTO NEW MEDICINES AND MEDICAL TREATMENTS FOR PATIENTS, ATTRACTING INVESTMENT, AND NURTURING BALTIMORE'S POTENTIAL TO BE A LIFE SCIENCES LEADER ON THE NATIONAL STAGE.IN FISCAL YEAR 2024, THE BLACKBIRD LABORATORIES TEAM EVALUATED OVER 200 POTENTIAL PROJECTS AND ESTABLISHED 4 NEW RESEARCH PROGRAMS FOR A TOTAL OF 9 COLLABORATIVE PROJECTS WITH NONPROFIT HOSPITAL AND ACADEMIC INSTITUTIONS (JOHNS HOPKINS UNIVERSITY AND THE UNIVERSITY OF MARYLAND) AND OTHER MEDICAL RESEARCH ORGANIZATIONS (THE LIEBER INSTITUTE FOR BRAIN DEVELOPMENT). THE ULTIMATE GOAL OF THESE COLLABORATIONS IS TO DEVELOP PIONEERING THERAPEUTICS RESEARCH INTO SUCCESSFUL SPINOUT COMPANIES WORKING TO ADDRESS GAPS IN AVAILABLE TREATMENT OPTIONS FOR PATIENTS. MANY BREAKTHROUGH MEDICINES AND TECHNOLOGIES THAT SERVE THE PUBLIC INTEREST FAIL TO PROGRESS TO MARKET BECAUSE OF A LACK OF FUNDING OR A LACK OF TECHNICAL EXPERTISE TO MANAGE THE STARTUPS LAUNCHED TO SHEPHERD THESE PRODUCTS TO MARKET. TO OVERCOME THESE BARRIERS, BLACKBIRD LABORATORIES ADVISES THESE STARTUP COMPANIES AND CONNECTS THEM WITH VENTURE CAPITAL FIRMS, ULTIMATELY ENSURING THAT MEDICAL INNOVATIONS REACH PATIENTS AS QUICKLY AND EFFECTIVELY AS POSSIBLE. ANOTHER KEY TENET OF BLACKBIRD LABORATORIES' MISSION TO CATALYZE AND MAINTAIN A THRIVING ENTREPRENEURIAL ECOSYSTEM IN BALTIMORE IS THE RETENTION AND ADVANCEMENT OF LOCAL LIFE SCIENCES TALENT. TWO FIFTH-YEAR PHD STUDENTS AND ONE RECENT PHD GRADUATE COMPRISED BLACKBIRD LABORATORIES SECOND VENTURE FELLOWS CLASS - A PAID FELLOWSHIP PROGRAM LAUNCHED IN 2023 TO ENABLE DIRECT EXPOSURE TO ENTREPRENEURSHIP IN THE LIFE SCIENCES INDUSTRY. FURTHER, BLACKBIRD LABORATORIES CONTINUES FOSTERING MENTORSHIP AND TRAINING OPPORTUNITIES BY ORGANIZING AND HOSTING VARIOUS SCIENTIFIC TALKS, PRESENTATIONS, AND OTHER PROGRAMS THAT ARE OPEN TO LOCAL SCIENTISTS AND STUDENTS, AS WELL AS AMPLIFYING THE ECOSYSTEM DEVELOPMENT WORK ALREADY BEING CONDUCTED LOCALLY THROUGH SPONSORSHIP AND COLLABORATION.IN ADDITION TO NURTURING LOCAL TALENT, BLACKBIRD LABORATORIES IS CURRENTLY ESTABLISHING 42,000 SQ FT OF ADDITIONAL WET LAB CAPACITY (BLACKBIRD BIOHUB) WITHIN BALTIMORE CITY. BLACKBIRD BIOHUB WILL NOT ONLY SUPPORT BLACKBIRD LABORATORIES' OWN MEDICAL AND SCIENTIFIC RESEARCH BUT ALSO FOSTER THE SUCCESS OF FLEDGLING BIOTECHNOLOGY COMPANIES BY FACILITATING THEIR RETENTION, IN TURN HELPING TO CREATE A THRIVING ENTREPRENEURIAL ECOSYSTEM FOR LIFE SCIENCES COMPANIES IN BALTIMORE.
    Expenses $7,199,305 · revenue $22,571

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-1555633
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H99)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,297,621$8,249,636$85,463,986XML
990December 2023$88,179,453$5,274,634$83,366,299XML

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 92-1555633).

Questions about BLACKBIRD LABORATORIES INC

What is the EIN of BLACKBIRD LABORATORIES INC?
The employer identification number (EIN) of BLACKBIRD LABORATORIES INC is 92-1555633.
Is BLACKBIRD LABORATORIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to BLACKBIRD LABORATORIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLACKBIRD LABORATORIES 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 BLACKBIRD LABORATORIES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLACKBIRD LABORATORIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BLACKBIRD LABORATORIES INC?
The 990 for the year ended December 31, 2024 names MATT TREMBLAY.
Who are the officers and directors of BLACKBIRD LABORATORIES INC?
The 990 for the year ended December 31, 2024 lists 10 people; 8 received compensation from the organization, the highest $656,996 (MATT TREMBLAY, CEO & BOARD MEMBER, TREASURER).
How much revenue does BLACKBIRD LABORATORIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,297,621, expenses of $8,249,636 and total assets of $85,463,986 at year end.

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