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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care The Morgridge Institute for Research Inc.

The Morgridge Institute for Research Inc.

Fiscal year ending 2025. Filed on November 13, 2025.

330 N Orchard Street
Madison, Wisconsin 53715

The Morgridge Institute for Research Inc. (EIN: 20-8325570) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, The Morgridge Institute for Research Inc., a 501(c)(3) charitable organization, reported compensation for 12 out of 212 total employees. Among the employees shown here, the average compensation is $353,910. The highest compensated employee at The Morgridge Institute for Research Inc. is Erik Iverson with fiscal year 2025 compensation of $1,032,701.

Revenue, expenses, and employee compensation

Revenue

$78,378,897

Expenses

$37,276,559

Employee compensation

$20,556,269
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Erik Iverson
Trustee
$1,032,701
$15,000 $799,362 $218,339
Brad Schwartz
Chief Executive Officer and Trustee
$594,568
$541,397 No related comp$53,171
Randy Bartels
Human Resources Director
$427,752
$367,241 No related comp$60,511
Kathi Stanek
Cfo/Coo/Treasurer
$403,653
$353,448 No related comp$50,205
William Swisher Jr
Chief Development Officer
$359,164
$303,350 No related comp$55,814
Melissa Skala
LEAD Investigator
$351,595
$297,345 No related comp$54,250
Brian Mattmiller
Chief Communications Off./Secretary
$276,025
$227,516 No related comp$48,509
Paul Ahlquist
LEAD Investigator
$271,414
$230,118 No related comp$41,296
Ronald Stewart
Associate Director - Bioinformatics
$248,481
$209,349 No related comp$39,132
Doug Eklund
Controller
$222,564
$191,075 No related comp$31,489
Deborah Keller
Former Trustee
$43,000
$10,000 $33,000 No other comp
Patricia Lipton
Former Trustee
$16,000
$10,000 $6,000 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Winslow L Sargeant
Trustee
$42,000
$15,000 $27,000 No other comp
James Dahlberg
Trustee
$15,000
$15,000 No related compNo other comp
John Neis
Trustee
$15,000
$15,000 No related compNo other comp
Harvey Cohen
Trustee
$15,000
$15,000 No related compNo other comp
Jacquelyn Fredrick
Trustee Chair
$15,000
$15,000 No related compNo other comp
Tess Morgridge Gardner
Trustee
$15,000
$15,000 No related compNo other comp
John Burris
Trustee
$15,000
$15,000 No related compNo other comp
Eric Morgridge
Trustee
$15,000
$15,000 No related compNo other comp
Thomas Pyle Jr
Trustee
$10,000
$10,000 No related compNo other comp
Gregg Fergus
Trustee
$10,000
$10,000 No related compNo other comp
John Durant
Trustee
$6,000
$6,000 No related compNo other comp
Fred Robertson
Vice Chair and Trustee
No compensation reported

Contractors

Rsm US LLP
Audit/Tax
$143,415
Sullivancotter Inc.
Consulting
$142,790
Axley Brynelson LLP
Legal
$117,511

Mission Statement

OUR MISSION IS TO IMPROVE HUMAN HEALTH BY CONDUCTING, ENABLING AND TRANSLATING INNOVATIVE, INTERDISCIPLINARY BIOMEDICAL RESEARCH IN PARTNERSHIP WITH THE UNIVERSITY OF WISCONSIN-MADISON AND OTHERS, BY LEVERAGING OUR COLLECTIVE STRENGTH IN RESEARCH AND EDUCATION.OUR VISION IS TO SOLVE MAJOR CHALLENGES TO HUMAN HEALTH BY SERVING AS AN INTERDISCIPLINARY RESEARCH CENTER AND COLLABORATIVE HUB THAT ENABLES INVESTIGATORS TO ADDRESS AND ANSWER FUNDAMENTAL BIOMEDICAL QUESTIONS.WE ENVISION USING OUR PRIVATE STATUS AND STREAMLINED ORGANIZATIONAL STRUCTURE TO RESPOND NIMBLY TO EMERGING OPPORTUNITIES. IN PARTNERSHIP WITH AN OUTSTANDING PUBLIC RESEARCH UNIVERSITY WE WILL SYNERGISTICALLY ENHANCE OUR COLLECTIVE STRENGTHS.THROUGH COMMUNITY ENGAGEMENT WE WILL PROMOTE BETTER UNDERSTANDING OF THE HEALTH BENEFITS OF BIOMEDICAL RESEARCH.

Revisions to this organization profile

November 13, 2025:
2025 The Morgridge Institute for Research Inc. 990 filed
November 14, 2024:
2024 The Morgridge Institute for Research Inc. 990 filed
November 15, 2023:
2023 The Morgridge Institute for Research Inc. 990 filed

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