EIN 04-2505372

Charles Stark Draper Laboratory

IRS 501(c) type
501(c)(3)
Num. employees
2,212
Year formed
1973
Most recent tax filings
2022-07-01
Description
Draper is an American not-for-profit research and development organization specializes in the design, development, and deployment of advanced technology solutions to problems in national security, space exploration, health care and energy.
Also known as...
Retiree Medical Payments Trust; Draper Laboratory
Total revenues
$673,284,424
2022
Total expenses
$653,642,531
2022
Total assets
$675,703,596
2022
Num. employees
2,212
2022

Program areas at Charles Stark Draper Laboratory

Strategic systems: when the nation needs deterrence that works, it relies on Draper. We develop, test and deliver the world's most accurate and reliable guidance, navigation & control systems; radiation-hardened electronics; precision sensors and cyber resilience to drive mission success.
Commercial programs: for more than 80 years, Draper has delivered new capabilities to support u.s. national security. In often challenging environments, when lives are on the line, your technologies have to work. Many of the tools and capabilities delivered for our national security customers may be applied to solve challenges in the commercial sector.
National security & space: from pioneering precision guidance for munitions, designing autonomy architecture for unmanned undersea vehicles, advancing celestial navigation technology, developing algorithms for geospatial intelligence analysis, devising both hardware and software cyber security for embedded systems - and more, we collaborate with our customer to ensure they have the capabilities they need when they need them. In space, we continue to support humankind's desire to surpass the boundaries of our planet. Draper engineers solutions that enable space exploration.

Grants made by Charles Stark Draper Laboratory

GranteeGrant descriptionAmount
Massachusetts Institute of Technology (MIT)Scholar Support$1,439,231
Seattle Children's HospitalResearch$273,364
Brown UniversityScholar Support$251,921
...and 12 more grants made

Who funds Charles Stark Draper Laboratory

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Massachusetts Eye and Ear InfirmaryBasic Research$36,131
Johns Hopkins University (JHU)Sub-Award$7,634

Personnel at Charles Stark Draper Laboratory

NameTitleCompensation
Francis KearneyDirector$44,000
Jerry WohletzPresident and Chief Executive Officer$0
Tara S ClarkPresident and Chief Executive Officer - Apr - Jun$400,744
William A LaplantePresident and Chief Executive Officer$855,468
Christine AlbertelliChief Financial Officer and Tres.$433,225
...and 29 more key personnel

Financials for Charles Stark Draper Laboratory

RevenuesFYE 07/2022
Total grants, contributions, etc.$5,319,072
Program services$648,045,469
Investment income and dividends$1,817,656
Tax-exempt bond proceeds$0
Royalty revenue$5,237,752
Net rental income$4,964,962
Net gain from sale of non-inventory assets$7,899,513
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$673,284,424

Form 990s for Charles Stark Draper Laboratory

Fiscal year endingDate received by IRSFormPDF link
2022-072023-05-14990View PDF
2022-062022-10-18990View PDF
2021-062022-04-12990View PDF
2020-062021-04-12990View PDF
2019-062020-10-02990View PDF
...and 9 more Form 990s

Organizations like Charles Stark Draper Laboratory

OrganizationLocationRevenue
Electric Power Research InstitutePalo Alto, CA$445,795,227
SRCNorth Syracuse, NY$287,793,652
San Diego State University Research Foundation (SDSURF)San Diego, CA$174,546,329
SRI InternationalMenlo Park, CA$410,135,895
Allen InstituteSeattle, WA$184,245,221
University Corporation for Atmospheric ResearchBoulder, CO$252,283,098
The Broad InstituteCambridge, MA$1,051,116,110
Beckman Research Institute of the City of Hope (BRI)Duarte, CA$288,276,013
Jackson LaboratoryBar Harbor, ME$553,515,570
Alliance for Sustainable EnergyGolden, CO$672,082,099
Data update history
April 19, 2024
Updated personnel
Identified 1 new personnel
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 13 new vendors, including , , , , , , , , , , , , and
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 6, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
Fraternal societiesMutual assistance organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Conducts researchLobbyingOperates internationallyReceives government fundingTax deductible donations
General information
Address
555 Technology Sq MS 34
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
draper.com/ 
Phone
(617) 258-1000
Facebook page
DraperLaboratory 
Twitter profile
@draperlab 
IRS details
EIN
04-2505372
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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