Max Planck Florida Corporation
1 Max Planck Way, Jupiter, FL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $33,505,675 | $32,637,651 | $106,755,304 |
| FY2023 | $26,404,804 | $29,372,053 | $102,893,992 |
| FY2022 | $25,710,512 | $26,604,986 | $101,095,133 |
| FY2021 | $26,052,125 | $24,679,366 | $111,297,523 |
| FY2020 | $23,672,178 | $23,204,166 | $108,838,926 |
| FY2019 | $22,460,127 | $24,657,128 | $106,792,881 |
| FY2018 | $23,414,380 | $22,891,757 | $104,378,096 |
| FY2017 | $21,228,881 | $21,988,275 | $105,512,635 |
| FY2016 | $18,664,084 | $23,173,503 | $103,323,933 |
| FY2015 | $25,375,800 | $25,320,289 | $107,194,972 |
| FY2014 | $18,302,545 | $23,356,812 | $107,021,180 |
| FY2013 | $7,829,911 | $22,628,846 | $108,294,051 |
| FY2012 | $21,727,351 | $23,532,451 | $121,608,755 |
| FY2011 | $71,118,484 | $12,962,137 | $123,328,931 |
Form 990 filings
The returns filed by Max Planck Florida Corporation (EIN 26-2117502), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $30,727,872 | 92% |
| Program service revenue | $388,524 | 1% |
| Other revenue | $2,389,279 | 7% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $30,364,117 | 93% |
| Management & general | $1,473,698 | 5% |
| Fundraising | $799,836 | 2% |
What the numbers show
- Contributions & grants made up 92% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 5%, and fundraising 2%.
- 93% of functional expenses went to program services in FY2024. That is higher than 86% of 157 Medical Research organizations nationwide (too few in FL for a state comparison).
- Net assets covered about 39.3 months of expenses at the end of the reporting year. That puts it in the 65th percentile among 135 Medical Research organizations in FL.
- Total revenue was the highest among 139 Medical Research organizations in FL.
- Total revenue fell from $71,118,484 in FY2011 to $33,505,675 in FY2024. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2012, FY2013, FY2014, FY2016, FY2017, FY2019, FY2022, FY2023).
- The highest revenue on record here is $71,118,484 in FY2011.
- Net assets declined from $123,328,931 to $106,755,304 between FY2011 and FY2024.
- Contributions and grants made up 98% of revenue in FY2011 and 92% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE ORGANIZATION'S MISSION IS TO EXPAND KNOWLEDGE OF THE BIOSCIENCES, EDUCATE AND TRAIN YOUNG SCIENTISTS FOR BIOMEDICAL RESEARCH AND IMPROVE HUMAN WELFARE BY APPLYING BREAKTHROUGHS IN RESEARCH TO THE ADVANCEMENT OF MEDICAL DIAGNOSIS AND MEDICAL CARE FOR THE PUBLIC'S BENEFIT.
IRS status
| Ruling year | 2009 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H05 — Medical Research |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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