EIN 83-2720515

Bioscience Los Angeles County

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
2018
Most recent tax filings
2022-12-01
Description
Accelerates commercial life science activity, with a mission of collaboration and regional vision. Focused on start-up growth and retention. Located in Culver City.
Total revenues
$749,139
2022
Total expenses
$1,574,839
2022
Total assets
$2,755,899
2022
Num. employees
6
2022

Program areas at Bioscience Los Angeles County

Regional one-stop resource:biosciencela will serve as an independent focal point for connectivity to the region by external stakeholders. Biosciencela will be a place where parties can connect to the Los Angeles ecosystem, whether as convener, concierge or visitor center. Visiting investors, companies, researchers, entrepreneurs, developers, vendors, and other organizations will be able to find information and connect to resources via biosciencela. We will also assemble and host multi-stakeholder convenings that address strategic issues, potential partnerships, or new opportunities facing the industry or the ecosystem. Biosciencela will also act as an interface between la County government's Bioscience initiatives and the private sector.
Branding & communications: in partnership with other stakeholders, biosciencela will help tell Los Angeles' life sciences story to the world. From its world-class research and entrepreneurial culture to its growing commercial successes, the region will intentionally build a life sciences brand for la as an international innovation hub. Investments will be made in: developing and communicating an identity; celebrating new discoveries, entrepreneurs, and partnerships; and calling out the region's many indigenous life science assets across a large and diverse geography.
Regional collaboration:biosciencela will facilitate the formation and execution of a shared vision, strategy, and a high level of engagement among government, industry, academia, start-ups, and the investment community of southern California. We will help establish a well-coalesced ecosystem via facilitation, events, engagement, and delivery of coordinating grants, investments, and incentives to Los Angeles County stakeholders. We will engage the region's family offices and angel networks to integrate them into life sciences investment opportunities. We will help companies navigate the tech transfer and commercialization pathways in the region. Biosciencela will also participate and reinforce existing collaborations of countywide benefit in support of our valued stakeholders.
Start-up activity:biosciencela will deploy selected funds, capabilities, talents, and resources to accelerate the pace of local commercial life sciences activity, focusing especially on the growth and retention of start-up companies. We will do so by supporting: new capital formation and deployment targeting early-stage companies; new commercial lab space; incubating, accelerating and coworking spaces, and other infrastructure to serve a constellation of thriving research hubs across the region. Biosciencela also will support the networking of local entrepreneurs, scientists, mentors, consultants, investors, and other professionals to better connect seasoned talent and coaching to emerging enterprises.workforce:in addition to growing the pool of executive and operating talent for start-ups, biosciencela will better align the public sector's workforce investments to stakeholder needs. Biosciencela will tailor regional workforce resources to industry requirements and leverage those resources with private funds and expertise. Biosciencela may fund programs that increase the stem pipeline, give local students direct exposure to entrepreneurship, and add diversity to the life sciences sector.

Grants made by Bioscience Los Angeles County

GranteeGrant descriptionAmount
Regents of the University of California / Office of the PresidentEvent Sponsorship$8,400
AI LA CommunityEvent Sponsorship$7,500
Community PartnersEvent Sponsorship$6,000

Personnel at Bioscience Los Angeles County

NameTitleCompensation
David M. CarlislePresident and Chief Executive Officer , Charles R Drew / Vice Chair and Secretary$0
Stephanie HsiehInterim Chief Executive Officer
Arati Desai WagabazaInterim Chief Operating Officer
Jessica DrogeVice President , Business Development$0
Jessica BarnetteDirector , Strategy and Operations$138,566
...and 7 more key personnel

Financials for Bioscience Los Angeles County

RevenuesFYE 12/2022
Total grants, contributions, etc.$486,166
Program services$221,970
Investment income and dividends$5,308
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$35,695
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$749,139

Form 990s for Bioscience Los Angeles County

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-10-15990View PDF
2019-122021-04-01990View PDF
Data update history
January 23, 2024
Updated personnel
Identified 1 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 2 new personnel
June 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Social advocacy organizationsResearch centersCharities
Issues
Science and technology
Characteristics
MembershipsConducts researchState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
4130 Overland Ave
Culver City, CA 90230
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
biosciencela.org/ 
Phone
(213) 784-8700
IRS details
EIN
83-2720515
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U01: Science and Technology Alliances and Advocacy
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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