Overview
What is American Type Culture Collection?
The American Type Culture Collection (ATCC) is a global, non-profit bioscience organization based in Manassas, Virginia. Established over 90 years ago, ATCC specializes in acquiring, authenticating, preserving, developing, and distributing biological materials, information, technology, intellectual property, and standards to promote scientific advancement. With over 700 employees, ATCC maintains an extensive collection of living microorganisms, human, animal, and plant cells, derivatives, genetic materials, and related bioproducts. These valuable resources, along with comprehensive information and preservation techniques, are distributed to thousands of scientists worldwide through publications and their extensive website. The organization's mission is to provide essential scientific tools, fostering innovation and the application of new knowledge.
Official website here: www.atcc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96%
The American Type Culture Collection (ATCC) has received a Four-Star out of Four Star rating from Charity Navigator, reflecting its high level of accountability and finance management. This rating indicates that the organization effectively meets industry standards, exemplified by its perfect scores in several categories such as financial statements and governance practices.
One of the organization's significant strengths is its independent board members, with 88% being independent, which enhances transparency and decision-making. Additionally, ATCC shows a strong commitment to financial integrity, demonstrated by its low liabilities to assets ratio and a high percentage of program expenses directed towards its core mission.
While there are no noted limitations in the available data, the overall impressive score emphasizes ATCC's robust financial practices and governance policies. This positions the organization as a reliable choice for donors looking to support a nonprofit with strong ethical standards and efficient use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is American Type Culture Collection legitimate?
American Type Culture Collection is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Type Culture Collection submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $6,667,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,536,547
For more financial information, click here
Official website here: www.atcc.org
What is the mission statement of American Type Culture Collection?
The American Type Culture Collection (ATCC) is a global non-profit organization dedicated to the acquisition, authentication, preservation, development, and distribution of biological materials, information, technology, intellectual property, and standards. This mission aims to advance and apply scientific knowledge by providing these services to scientists in various sectors, including government, industry, education, healthcare, and research laboratories around the world. By acquiring, authenticating, and preserving biological materials, ATCC contributes significantly to scientific research and validation.
Official website here: www.atcc.org
Who is the CEO of American Type Culture Collection?
Raymond H Cypess is the Ceo, Chairman of American Type Culture Collection. The CEO's salary of American Type Culture Collection is $2,124,433 and their total compensation is $2,188,731.
Official website here: www.atcc.org
What is the revenue of American Type Culture Collection?
American Type Culture Collection's revenue in 2022 was $174,599,988.
Official website here: www.atcc.org
Who are the executives of American Type Culture Collection and what are their salaries?
The average compensation at American Type Culture Collection during 2022 was $71,315. There are 718 employees at American Type Culture Collection.
Here are 25 key members and their salaries (American Type Culture Collection's CEO's salary is $2,124,433 and their total compensation is $2,188,731):
- Compensation: $2,124,433
- Related: $0
- Other: $64,298
- Compensation: $521,420
- Related: $0
- Other: $40,200
- Compensation: $418,460
- Related: $0
- Other: $53,396
- Compensation: $385,190
- Related: $0
- Other: $52,173
- Compensation: $387,298
- Related: $0
- Other: $49,665
- Compensation: $380,906
- Related: $0
- Other: $52,173
- Compensation: $397,096
- Related: $0
- Other: $35,820
- Compensation: $372,950
- Related: $0
- Other: $47,160
- Compensation: $353,480
- Related: $0
- Other: $12,291
- Compensation: $309,515
- Related: $0
- Other: $36,414
- Compensation: $280,425
- Related: $0
- Other: $32,275
- Compensation: $270,041
- Related: $0
- Other: $33,614
- Compensation: $274,594
- Related: $0
- Other: $26,581
- Compensation: $259,236
- Related: $0
- Other: $33,583
- Compensation: $247,642
- Related: $0
- Other: $29,451
- Compensation: $231,058
- Related: $0
- Other: $34,191
- Compensation: $105,462
- Related: $0
- Other: $14,744
- Compensation: $32,100
- Related: $0
- Other: $0
- Compensation: $27,600
- Related: $0
- Other: $0
- Compensation: $26,950
- Related: $0
- Other: $0
- Compensation: $26,450
- Related: $0
- Other: $0
- Compensation: $22,750
- Related: $0
- Other: $0
- Compensation: $21,500
- Related: $0
- Other: $0
- Compensation: $15,500
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
Official website here: www.atcc.org
Where can I find the form 990 for American Type Culture Collection?
American Type Culture Collection's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atcc.org
Learn more at the official website: www.atcc.org
Mission Statement of American Type Culture Collection
The American Type Culture Collection (ATCC) is a globally recognized non-profit bioscience organization. Its mission is multi-faceted, centered around acquiring, authenticating, preserving, developing, and distributing biological materials, information, technology, intellectual property, and standards. By doing so, ATCC advances and validates scientific knowledge, making it accessible to scientists worldwide.
ATCC's roles encompass various aspects of scientific advancement. It collects and authenticates biological materials, ensuring their authenticity and quality for researchers. Once authenticated, these materials are preserved, enabling long-term access for continued research and development. Furthermore, ATCC develops new technologies and standards, enhancing the scientific community's capabilities and furthering the application of scientific knowledge.
In providing these essential services, ATCC plays a crucial role in supporting scientists in government, industry, education, healthcare, and research laboratories. Its work spans the globe, touching countless scientific projects and research initiatives, ultimately contributing to the advancement of scientific knowledge and the betterment of society.
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Impact
October, 2024
The American Type Culture Collection (ATCC) plays a pivotal role in the advancement of scientific knowledge through its comprehensive efforts to acquire, authenticate, preserve, and distribute a vast array of biological materials. With a collection that exceeds 100,000 strains, including living microorganisms, human, animal, and plant cells, as well as DNA and recombinant DNA materials, ATCC supports a diverse range of scientific inquiries.
ATCC's impact is felt globally, as it distributes over 300,000 biological items to thousands of scientists across various sectors, including government, industry, healthcare, and education. By maintaining extensive information regarding preservation methods and laboratory techniques, ATCC not only provides tangible biological resources but also essential data that fosters innovation and research continuity.
The organization's extensive range of collections and research informatics services has been operational for nearly a century, thus establishing it as a cornerstone of the bioscience community. By making its vast repository and accompanying knowledge available through publications and its user-friendly online platform, ATCC significantly enhances collaboration and the efficacy of scientific research around the world. This commitment supports the validation and application of scientific knowledge, resulting in advancements that impact health, agriculture, and technology.
This information is meant to be a general summary of American Type Culture Collection. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $51,606
- Program Service Revenue: $72,154,119
- Gross Receipts: $191,538,613
Assets and Liabilities:
- Total Assets: $217,778,463
- Total Liabilities: $63,501,468
- Net Assets: $154,276,995
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FREIGHT & HANDLING
Revenue
$6,173,354
APPLIED SERVICES
Revenue
$3,302,290
PATENT DEPOSITS
Revenue
$1,366,648
FEES AND CONTRACTS FROM GOVT AGENCIES
Revenue
$61,311,827
Organization Details
Founding Year
1947
Phone
(703) 365-2700Principal Officer
Raymond H Cypess
Main Address
10801 UNIVERSITY BLVD, MANASSAS, VA, 201102209
Website
www.atcc.orgNTEE Category
Code: U500 - Science research
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