#241 of 500 · Research & Science

Fermi Research Alliance Llc

EIN 57-1239010 · IL · NTEE U02 · Form 990, fiscal 2023

A partnership between the University of Chicago and Universities Research Association Inc., formed to manage and operate Fermi National Accelerator Laboratory (Fermilab) for the U.S. Department of Energy, a role it held from January 2007 through 2024. Fermilab is a single-purpose national laboratory dedicated to high-energy particle physics, building and operating accelerator and detector facilities. FRA governed the laboratory through a board of academic and industry leaders.

Financials, fiscal 2023

Revenue

$658.7M

Expenses

$658.2M

Total assets

$14.5M

Net assets

$155K

Operating margin

0.1%

1-year growth

10.9%

5-year growth (CAGR)

8.3%

Reserve (years of spending)

0.0

Contributions share

99.7%

Programme spending

0.0%

Fundraising cost

0.0%

Executive pay share

0.76%

Employees

2,431

Revenue per employee

$271K

Grants paid

n/a

Years filing

16

NFP Health Score: 48 / 100

Financial 0 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history