2024-11-14T14:35:19+00:00 2023-12-31 346565596 ERNST & YOUNG US LLP 221 EAST 4TH STREET CINCINNATI OH 45202 990 2023-01-01 731328881 Laureate Institute for Brain Research Inc LAUR 9185025165 6655 S YALE AVE TULSA OK 74136 COLLEEN MCCALLUM COO 9185025165 2024-11-14 true true Julie L Sparks P01268401 5136121400 2024-11-14 2023 2024-10-15 13:58:12Z COLLEEN MCCALLUM 6655 S YALE AVE TULSA OK 74136 17362355 false X www.laureateinstitute.org X 1988 OK TO ENGAGE IN THE CONDUCT OF MEDICAL RESEARCH. TO DISCOVER AND DEVELOP KNOWLEDGE RELATING TO CAUSES, DIAGNOSIS, TREATMENT, PREVENTION, OR CONTROL OF THE PHYSICAL OR MENTAL DISEASES AND IMPAIRMENTS OF MAN. 6 5 0 18 0 0 16787690 15390670 0 0 292802 709676 76209 0 17156701 16100346 0 0 0 0 7660354 8311709 0 0 0 6802177 7335339 14462531 15647048 2694170 453298 22973821 24497837 5109981 4518150 17863840 19979687 SEE SCHEDULE O false false 11373690 0 0 LAUREATE INSTITUTE FOR BRAIN RESEARCH (LIBR) IS A MULTIDISCIPLINARY RESEARCH PROGRAM AIMED AT ILLUMINATING THE PATHOPHYSIOLOGY OF NEUROPSYCHIATRIC DISORDERS. LIBR AIMS TO DEVELOP NOVEL THERAPEUTICS, CURES AND PREVENTIONS TO IMPROVE THE WELL-BEING OF PERSONS WHO SUFFER FROM OR ARE AT RISK FOR NEUROPSYCHIATRIC ILLNESS. LIBR FOSTERS COLLABORATION AMONG SCIENTISTS, CLINICIANS, AND INSTITUTIONS ENGAGED IN RESEARCH THAT ENHANCES WELLNESS AND ALLEVIATES SUFFERING FROM MENTAL ILLNESS. 11373690 true true false false false false false false true true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 197 0 true 0 false false false false false false false false false false false false X 6 5 true false false false true true false true false false false true true true true false false true true false OK X COLLEEN MCCALLUM 9185025180 6655 S YALE AVE TULSA OK 74136 MARTIN PAULUS MD PRES. & SCIENTIFIC DIRECTOR 40.0 0.0 X X 560519 0 40428 THOMAS E COOPER DIRECTOR AND CEO 10.0 0.5 X X 0 0 0 CLIFF A ROBERTSON MD DIRECTOR 1.0 0.5 X 0 0 0 JOHN-KELLY C WARREN CHAIRMAN 1.0 0.5 X 0 0 0 MATT MEYER MD DIRECTOR (AS OF 07/20/2023) 1.0 0.0 X 0 0 0 PATRICK A MCKEE MD DIRECTOR 1.0 0.5 X 0 0 0 WILLIAM R YATES MD DIRECTOR (UNTIL 01/19/2023) 1.0 0.0 X 0 0 0 COLLEEN MCCALLUM VICE PRESIDENT & COO 40.0 0.0 X 371440 0 30192 JULIANNA P ADAMS SECRETARY 0.0 0.5 X 0 0 0 JUSTIN PIERCE TREASURER (AS OF 07/20/2023) 1.0 0.5 X 0 0 0 MICHAEL ROHAN PHD CHIEF TECH OFFICER 40.0 0.0 X 295040 0 32420 PAM A GLENN TREASURER (UNTIL 07/19/2023) 1.0 0.5 X 0 0 0 EVAN WHITE PHD PRINCIPAL INVESTIGATOR 40.0 0.0 X 178191 0 36332 RAYUS KUPLICKI PHD DATA ANALYTICS LEAD 40.0 0.0 X 148000 0 19530 RYAN SMITH PHD PRINCIPAL INVESTIGATOR 40.0 0.0 X 142107 0 14680 SAHIB KHALSA MD PHD PHYSICIAN 40.0 0.0 X 308168 0 62188 SALVADOR GUINJOAN MD PHD SCIENTIST, RESEARCH CORE 40.0 0.0 X 211789 0 34070 2215254 0 269840 14 false true false THE UNIV OF TULSA 800 S TUCKER TULSA OK 74104 FACULTY COMPENSATION 858540 KRUSE PEO INC 8596 E 101ST ST STE H TULSA OK 74133 FACULTY COMPENSATION 668165 SRI INTERNATIONAL PO BOX 2767 MENLO PARK CA 940252767 RESEARCH CONTRACTS 310045 GE MEDICAL PO BOX 96483 CHICAGO IL 60693 MEDICAL EQUIP. MAINT 263474 WCG CLINICAL INC 212 CARNEGIE CENTER STE 301 PRINCETON NJ 085406236 HUMAN SUBJECT PROTECTION 171738 6 0 0 0 0 7710222 7680448 0 15390670 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 406173 0 0 406173 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1360512 205000 1260905 1104 99607 203896 303503 0 0 303503 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16100346 0 0 709676 X 0 0 0 0 0 0 0 0 1330040 327460 1002580 0 0 0 0 0 5792953 5427522 365431 0 207796 207796 0 0 523377 461333 62044 0 457543 379066 78477 0 456072 416179 39893 0 52374 0 52374 0 215684 0 215684 0 0 0 0 0 0 0 32707 0 32707 0 1615550 1525489 90061 0 0 0 0 0 195765 120851 74914 0 865179 353450 511729 0 0 0 0 0 498653 6875 491778 0 230902 160314 70588 0 0 0 0 0 47283 42633 4650 0 0 0 0 0 0 0 0 0 838599 0 838599 0 154489 0 154489 0 RESEARCH SUBJECT EXPENSE 1532894 1532730 164 0 LAB SUPPLIES 243241 242884 357 0 REP., MAINT & NONCAP PLAN EX 162403 92854 69549 0 RECRUITMENT 26716 435 26281 0 166828 75819 91009 0 15647048 11373690 4273358 0 0 0 0 0 4939774 3265355 0 0 1561166 1638553 19309 13529 0 0 0 0 0 0 0 0 526052 597205 14522283 9146821 3306024 5375462 11620145 12984372 0 0 0 0 1001351 623361 22973821 24497837 3198727 3261051 0 0 923032 647756 0 0 0 0 0 0 0 0 0 0 988222 609343 5109981 4518150 X 3933023 7711502 13930817 12268185 0 0 0 0 0 0 17863840 19979687 22973821 24497837 X 453298 1347901 0 0 0 314648 X false true X true true true X LAUREATE PSYCHIATRIC CLINIC AND HOSPITAL TULSA OK RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10917238 1736479 400000 12253717 13113316 -1896078 300000 10917238 11941232 1572084 400000 13113316 11245432 1095800 400000 11941232 10883590 661842 300000 11245432 0.0 0.71 0.29 true false 0 0 0 0 1252965 783296 469669 0 1155992 743233 412759 0 9507849 7620292 1887557 0 2605477 0 2605477 5375462 CAPITAL LEASE OBLIGATION 609343 609343 X 17736252 1347901 0 0 0 1347901 16388351 -314648 -314648 16073703 15620405 0 0 0 0 0 15620405 0 0 0 15620405 Schedule D, Part V, Line 4 Intended uses of endowment funds THIS ENDOWMENT WILL BE USED TO SUPPORT A LIMITED NUMBER OF JOINT APPOINTMENTS FOR INDIVIDUALS FROM ACADEMIC CLINICAL DEPARTMENTS AT ACCREDITED UNIVERSITIES FOR A PERIOD NOT TO EXCEED FOUR YEARS. THE PROGRAM IS INTENDED TO BE HIGHLY SELECTIVE AND WILL BE GUIDED BY A STEERING COMMITTEE TO BE APPOINTED BY THE INSTITUTE'S BOARD OF DIRECTORS. ALLOWANCE HAS BEEN MADE FOR ALTERNATIVE USES SHOULD THE INTENDED USE BECOME IMPOSSIBLE OR IMPRACTICAL. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote LIBR HAS BEEN DESIGNATED FOR TAX PURPOSES AS A MEDICAL RESEARCH ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME IN 2023 OR 2022. LIBR WAS GRANTED A SALES TAX EXEMPTION PERMIT FROM THE STATE OF OKLAHOMA IN 2013. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements 2022 W.K WARREN & CO DONATIONS RECEIVED IN 2023. - -314648 X X X X false false false false false false false false false MARTIN PAULUS MD PRES. & SCIENTIFIC DIRECTOR 546099 0 14420 0 0 0 17330 0 23098 0 600947 0 0 0 COLLEEN MCCALLUM VICE PRESIDENT & COO 314893 0 56547 0 0 0 21150 0 9042 0 401632 0 0 0 MICHAEL ROHAN PHD CHIEF TECH OFFICER 275040 0 20000 0 0 0 8348 0 24072 0 327460 0 0 0 SAHIB KHALSA MD PHD PHYSICIAN 288360 0 19808 0 0 0 7980 0 54208 0 370356 0 0 0 SALVADOR GUINJOAN MD PHD SCIENTIST, RESEARCH CORE 211789 0 0 0 0 0 10736 0 23334 0 245859 0 0 0 RAYUS KUPLICKI PHD DATA ANALYTICS LEAD 147500 0 500 0 0 0 10488 0 9042 0 167530 0 0 0 RYAN SMITH PHD PRINCIPAL INVESTIGATOR 142107 0 0 0 0 0 6482 0 8198 0 156787 0 0 0 EVAN WHITE PHD PRINCIPAL INVESTIGATOR 144743 0 33448 0 0 0 13096 0 23236 0 214523 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION FOR THE PRESIDENT AND OFFICERS IS SET THROUGH A STRUCTURED REVIEW PROCESS. THE PROCESS INCLUDES AN EVALUATION OF COMPARABLE SALARIES FOR COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS BY AN INDEPENDENT EXTERNAL FIRM. COMPENSATION ADJUSTMENTS ARE REVIEWED AND APPROVED BY THE DIRECTORS. THE LAST COMPENSATION REVIEW WAS PERFORMED IN 2023. Form 990, Part I, Line 5 Part V, LINE 2A - INDIVIDUALS EMPLOYED LAUREATE INSTITUTE FOR BRAIN RESEARCH, INC (LIBR) STAFF IS ON LOAN FROM OTHER ENTITIES. LIBR ALSO HAS PERSONNEL SERVICE CONTRACTS WITH THE UNIVERSITY OF TULSA BOARD OF TRUSTEES, AND KRUSE PEO, INC. RELATED TO THE SERVICES OF THESE INDIVIDUALS. ALL REMAINING STAFF ARE ON LOAN FROM A SAINT FRANCIS HEALTH SYSTEM, INC. ENTITY, LAUREATE PSYCHIATRIC CLINIC AND HOSPITAL, INC. UNDER THIS AGREEMENT, LOANED STAFF PARTICIPATE IN ALL BENEFIT PLANS PROVIDED BY SAINT FRANCIS HEALTH SYSTEM, INC. AND LAUREATE PSYCHIATRIC CLINIC AND HOSPITAL, INC. AT 12/31/23 LIBR HAD 85 LOANED STAFF MEMBERS FROM SAINT FRANCIS HEALTH SYSTEM, FOUR LOANED STAFF MEMBERS FROM THE UNIVERSITY OF TULSA, AND THREE STAFF MEMBERS FROM KRUSE PEO. Form 990, Part III, Line 1 ORGANIZATION'S MISSION TO OPERATE EXCLUSIVELY FOR THE PROMOTION OF HEALTH AS A CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSE, AND FOR THOSE PURPOSES TO PRIMARILY ENGAGE DIRECTLY IN THE CONTINUOUS ACTIVE CONDUCT OF MEDICAL RESEARCH WITHIN THE MEANING AND EXEMPTION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons LAUREATE INSTITUTE FOR BRAIN RESEARCH BOARD MEMBERS AS ACTIVE COMMUNITY MEMBERS HAVE A - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders LIBR HAS THREE MEMBERS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body MEMBERS APPOINT DIRECTORS. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body BOARD COMMITTEES CONTEMPORANEOUSLY RECORD MEETING MINUTES WHEN POSSIBLE, BUT DO NOT ALWAYS HAVE SOMEONE AVAILABLE TO DO SO. NOTEWORTHY ISSUES ARE REPORTED TO THE BOARD AT SUBSEQUENT MEETINGS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED BY LIBR'S MANAGEMENT AND IS GIVEN TO EACH MEMBER OF THE LIBR BOARD OF DIRECTORS PRIOR TO FILING. THE FORM 990 IS ALSO REVIEWED BY AN OUTSIDE INDEPENDENT ACCOUNTING FIRM. Form 990, Part VI, Line 12c Conflict of interest policy ON AN ANNUAL BASIS, EVERY BOARD MEMBER COMPLETES AND SUBMITS A "CONFLICT OF INTEREST" FORM WHICH DETAILS ALL ENTITY AND BOARD AFFILIATIONS. THESE ARE REVIEWED BY LIBR OFFICERS AND MANAGEMENT. IN THE EVENT OF ANY POTENTIAL EXCESS BENEFIT CONFLICT OF INTEREST SITUATION, THE LIBR BOARD FOLLOWS PROCEDURES REQUIRING DISCLOSURE OF THE CONFLICT OF INTEREST BY THE PARTY WITH THE CONFLICT, RECUSAL FROM VOTING BY THE PARTY WITH A CONFLICT, REVIEW OF THE MATTER BY INDEPENDENT PERSONS ON THE LIBR BOARD OR COMMITTEE WHO MAKE A DECISION ON THE MATTER BASED ON THE BEST INTERESTS OF LIBR AFTER REVIEW AND CONSIDERATION OF APPROPRIATE AND RELEVANT DATA RELATED TO THE MATTER, AND HAVING SUCH DECISION BY THE INDEPENDENT GROUP DOCUMENTED IN WRITING IN THE MINUTES OF THE MEETING MAKING SUCH DECISION, WITH SUCH MINUTES BEING REVIEWED AND APPROVED AT THE NEXT MEETING OF SUCH BODY. Form 990, Part VI, Line 19 Required documents available to the public DOCUMENTS SUBJECT TO PUBLIC DISCLOSURES ARE MADE AVAILABLE ON AN "AS REQUESTED" BASIS AS REQUIRED. Form 990, Part IX, Line 11g Other Fees GRAD STUDENTS & FACULTY SALARY & BENEFITS - Total Expense: 1615550, Program Service Expense: 1525489, Management and General Expenses: 90061, Fundraising Expenses: 0; Form 990, Part XI, Line 9 Other changes in net assets or fund balances FINANCIAL STATEMENT ADJUSTMENT FOR REVENUES RECEIVED IN 2022. - 314648; FORM 990, PART VI, LINE 13 & 14 WHISTLEBLOWER POLICY, DOCUMENT RETENTION, AND DESTRUCTION POLICY LOANED STAFF CONFORM TO THE WRITTEN POLICIES FOR WHISTLEBLOWING AND DOCUMENT RETENTION AND DESTRUCTION FOR THEIR ORGANIZATION. FORM 990, PART VI, LINE 15A & 15B PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT & OFFICERS COMPENSATION FOR THE PRESIDENT AND OFFICERS IS SET THROUGH A STRUCTURED REVIEW PROCESS. THIS PROCESS INCLUDES AN EVALUATION OF COMPARABLE SALARIES FOR COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS BY AN INDEPENDENT EXTERNAL FIRM. COMPENSATION ADJUSTMENTS ARE REVIEWED AND APPROVED BY THE DIRECTORS. THE LAST COMPENSATION REVIEW WAS PERFORMED IN 2023. LAUREATE MENTAL HEALTH CORPORATION PO BOX 470372 TULSA OK 74147 731328882 HEALTHCARE RESEARCH OK 501(c)(3) Type III-FI NA false false false false false false false false false false false false false true false false false false false false LAUREATE MENTAL HEALTH CORPORATION M 16500 FMV