Compensation 990

Florida State University Research Foundation Inc.

Fiscal year ending 2022. Filed on February 16, 2023.

2000 Levy Avenue 351
Tallahassee, Florida 32310

Florida State University Research Foundation Inc. (EIN: 59-3211153), also known as Fsu Research Foundation, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Florida State University Research Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $391,791. The highest compensated employee at Florida State University Research Foundation Inc. is John Thrasher with fiscal year 2022 compensation of $1,161,700.

Revenue, expenses, and employee compensation

Revenue

$28,107,542

Expenses

$14,832,298

Employee compensation

$874,080
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－26.1%vs 2021
John Thrasher
Director Until 8/15/2021
$1,161,700
$0 from org$955,159 from related$206,541 other
－6.3%vs 2021
Sally McRorie
Director Until 1/2/2022
$491,068
$0 from org$442,981 from related$48,087 other
－2.1%vs 2021
Kyle Clark
Director
$467,147
$0 from org$419,337 from related$47,810 other
New in 2022
Richard McCullough
Director AS of 8/16/2021
$406,664
$0 from org$310,965 from related$95,699 other
－12.0%vs 2021
Gary K Ostrander
Former President
$392,970
$0 from org$346,873 from related$46,097 other
＋0.3%vs 2021
Sam Huckaba
Director
$354,014
$0 from org$306,965 from related$47,049 other
＋2.2%vs 2021
Kerry Peluso
Treasurer
$316,798
$0 from org$232,168 from related$84,630 other
＋25.7%vs 2021
Laurel Fulkerson
President Until 04/01/2022
$275,099
$0 from org$234,351 from related$40,748 other
New in 2022
Mark Riley
Interim President AS of 4/2/2022
$244,904
$0 from org$206,577 from related$38,327 other
＋0.4%vs 2021
Heather Cave
Executive Director
$100,043
$0 from org$83,458 from related$16,585 other
＋0.0%vs 2021
Kelly Starke
Secretary
$99,293
$0 from org$71,842 from related$27,451 other

Non-Employee Board Members

James Clark
Director AS of 1/3/2022
Joseph W Landers
Director
Kay Stephenson
Director
Kim Williams
Director
Ricardo Schneider
Director

Mission Statement

TO PROMOTE, ENCOURAGE, AND ASSIST THE RESEARCH AND TRAINING IN ACTIVITIES OF FACULTY, STAFF, AND STUDENTS OF FLORIDA STATE UNIVERSITY (FSU) THROUGH INCOME FROM CONTRACTS, GRANTS, AND OTHER SOURCES.

Revisions to this organization profile

February 21, 2025:
2024 Florida State University Research Foundation Inc. 990 filed
May 13, 2024:
2023 Florida State University Research Foundation Inc. 990 filed
February 16, 2023:
2022 Florida State University Research Foundation Inc. 990 filed

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