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Organizations Ludwig Institute for Cancer Research Ltd

Ludwig Institute for Cancer Research Ltd

Fiscal year ending 2024. Filed on November 4, 2025.

600 Third Avenue 32nd Floor
New York, New York 10016

Ludwig Institute for Cancer Research Ltd (EIN: 23-7121131) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Ludwig Institute for Cancer Research Ltd, a 501(c)(3) charitable organization, reported compensation for 13 out of 31 total employees. Among the employees shown here, the average compensation is $616,017. The highest compensated employee at Ludwig Institute for Cancer Research Ltd is Xing Chen with fiscal year 2024 compensation of $1,196,997.

Revenue, expenses, and employee compensation

Revenue

$63,043,209

Expenses

$64,271,029

Employee compensation

$9,935,499
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Xing Chen
Director (From 7/24)
$1,196,997
$0 $1,010,543 $186,454
Dr Chi van Dang
Director, Sci. Director, CEO (From 7/24)
$1,180,151
$1,106,568 No related comp$73,583
Dr Jonathan Skipper
President (From 7/24)
$862,806
$789,223 No related comp$73,583
Edward A McDermott Jr
Director, Board Chair (From 7/24)
$670,727
$14,794 $604,133 $51,800
Thomas Baenninger
Chief Financial Officer
$662,847
$546,105 No related comp$116,742
Yang Shi
Group Leader
$530,602
$467,668 No related comp$62,934
George Coukos
Branch Director
$501,795
$416,454 No related comp$85,341
Patrice Morin
Deputy Scient. Director
$481,474
$406,205 No related comp$75,269
Xin Lu
Branch Director
$463,029
$408,289 No related comp$54,740
Michael MacAranas
Branch Administrator(End 4/24)
$410,248
$387,157 No related comp$23,091
Alexander Borissov
SEC to Board, Internal Audit
$363,544
$287,353 No related comp$76,191
Richard White
Group Leader
$350,393
$272,355 No related comp$78,038

Benchmark Employee Compensation

Non-Employee Board Members

John L Notter
Director, Board Chair (End 6/24)
$115,317
$15,357 $99,960 No other comp
Jedd Wolchok
Director
$96,231
$11,271 $84,960 No other comp
John D Gordan III
Director
$96,231
$11,271 $84,960 No other comp
Dr Nancy Ellen Davidson
Director
$41,271
$11,271 $30,000 No other comp
Alexandra Johnson
Director
$41,271
$11,271 $30,000 No other comp
Judge Barbara S Jones
Director
$41,271
$11,271 $30,000 No other comp
Nicolas Killen
Director
$41,271
$11,271 $30,000 No other comp

Contractors

University of Lausanne
Research
$14,359,942
University of Oxford
Research
$12,616,267
Princeton University
Research
$11,336,468
DE Duve Institute
Research
$3,223,460
The Ludwig Group Inc.
Management
$2,600,820

Mission Statement

THE LUDWIG INSTITUTE FOR CANCER RESEARCH LTD IS AN INTERNATIONAL NOT-FOR-PROFIT ORGANIZATION COMMITTED TO PREVENTING AND CONTROLLING CANCER THROUGH INTEGRATED LABORATORY AND CLINICAL RESEARCH.

Revisions to this organization profile

November 4, 2025:
2024 Ludwig Institute for Cancer Research Ltd 990 filed
November 5, 2024:
2023 Ludwig Institute for Cancer Research Ltd 990 filed
October 31, 2023:
2022 Ludwig Institute for Cancer Research Ltd 990 filed

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