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EIN 04-2505372

Charles Stark Draper Laboratory

IRS 501(c) type
501(c)(3)
Num. employees
2,913
City
Cambridge
State
Massachusetts
Year formed
1973
Most recent tax filings
2024-06-01
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
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
$871,099,348
2024
Total expenses
$830,228,101
2024
Total assets
$817,012,224
2024
Num. employees
2,913
2024

Program areas at Charles Stark Draper Laboratory

Draper engineers solutions that serve our national security and strategic defense interests. From developing, testing and delivering the world's most accurate systems to providing technology across multiple disciplines to address our customers' most complex technological challenges. Building on our historic 90-year legacy, we support humankind's desire to surpass the boundaries of our planet and to protect, defend and extend human life through innovation. We are proud of our long-standing commitment as a champion of u.s. military, space and national security missions, across air, land and sea, and we are dedicated to driving mission success for the nation.

Grants made by Charles Stark Draper Laboratory

GranteeGrant descriptionAmount
Massachusetts Institute of Technology (MIT)Research / Scholar Support$1,747,816
Regents of the University of ColoradoScholar Support$506,771
Harvard UniversityScholar Support$294,436
...and 10 more grants made

Who funds Charles Stark Draper Laboratory

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
BioMADEBiomanufacturing Research$391,115
Johns Hopkins University (JHU)Sub-Award$38,299
Massachusetts Eye and Ear InfirmaryBasic Research$36,131

Personnel at Charles Stark Draper Laboratory

NameTitleCompensation
Jerry M. WohletzPresident and Chief Executive Officer$808,073
Tara S ClarkVice President , Operations and Comm Program$655,120
William LaplantePresident and Chief Executive Officer$855,468
Marjorie QuantBoard Member$168,534
Carrie GeorgeVice President, Chief Financial Officer and Treasurer
...and 31 more key personnel

Financials for Charles Stark Draper Laboratory

RevenuesFYE 06/2024
Total grants, contributions, etc.$2,187,553
Program services$851,508,845
Investment income and dividends$8,130,831
Tax-exempt bond proceeds$0
Royalty revenue$129,622
Net rental income$3,576,500
Net gain from sale of non-inventory assets$5,565,997
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$871,099,348

Form 990s for Charles Stark Draper Laboratory

Fiscal year endingDate received by IRSFormPDF link
2024-062025-02-21990View PDF
2023-062024-02-12990View PDF
2022-072023-05-14990View PDF
2022-062022-10-18990View PDF
2021-062022-04-12990View PDF
...and 11 more Form 990s

Organizations like Charles Stark Draper Laboratory

OrganizationLocationRevenue
Electric Power Research InstitutePalo Alto, CA$478,660,003
Fhi 360Durham, NC$836,392,915
Public Health InstituteOakland, CA$297,776,188
Cold Spring Harbor LaboratoryCold Spring Harbor, NY$257,960,426
Research Triangle Institute (RTI)Research Triangle Park, NC$1,246,864,577
Southwest Research InstituteSan Antonio, TX$855,635,746
Alliance for Sustainable EnergyGolden, CO$786,331,979
Jackson LaboratoryBar Harbor, ME$572,803,655
Scripps Research InstituteLa Jolla, CA$815,837,195
Allen InstituteSeattle, WA$240,418,148
Data update history
February 26, 2025
Updated personnel
Identified 18 new personnel
December 27, 2024
Updated personnel
Identified 4 new personnel
October 13, 2024
Updated personnel
Identified 9 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $391,115 from Biomade
June 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsFraternal societiesMutual assistance organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Conducts researchLobbyingOperates internationallyReceives government fundingTax deductible donationsAccepts online 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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Probationary Registration
FTB status revoked
Not revoked
AG Registration Number
045144
FTB Entity ID
0979153
AB 488 data last updated ("as-of") date
2025-04-16
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