Noble Research Institute LLC
Ardmore, OK 73401 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $45,984,919 | $47,917,376 | $127,489,505 |
| FY2024 | $45,787,934 | $45,578,802 | $128,964,099 |
| FY2023 | $37,950,542 | $43,942,836 | $126,965,744 |
| FY2022 | $44,525,560 | $49,597,265 | $127,264,182 |
| FY2015 | $50,105,953 | $52,998,505 | $1,019,529,754 |
| FY2014 | $72,471,557 | $76,820,775 | $1,113,136,164 |
| FY2013 | $59,814,261 | $26,947,269 | $1,211,760,338 |
| FY2012 | $46,739,743 | $66,426,214 | $1,035,375,968 |
| FY2011 | $75,069,997 | $92,598,551 | $976,002,774 |
Form 990 filings
The returns filed by Noble Research Institute LLC (EIN 73-0606209), 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 | $39,248,438 | 85% |
| Program service revenue | $1,158,950 | 3% |
| Other revenue | $5,577,531 | 12% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $42,017,793 | 88% |
| Management & general | $3,861,648 | 8% |
| Fundraising | $2,037,935 | 4% |
What the numbers show
- Contributions & grants made up 85% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 8%, and fundraising 4%.
- 88% of functional expenses went to program services in FY2025. That is higher than 66.7% of 24 Education organizations in OK.
- Net assets covered about 31.9 months of expenses at the end of the reporting year. That puts it in the 64th percentile among 556 Education organizations in OK.
- Total revenue was higher than 98.6% of 562 Education organizations in OK.
- Total revenue fell from $75,069,997 in FY2011 to $45,984,919 in FY2025. Revenue increased in 4 and decreased in 4 of 8 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 9 reported years (FY2011, FY2012, FY2014, FY2015, FY2022, FY2023, FY2025).
- The highest revenue on record here is $75,069,997 in FY2011.
- Net assets declined from $976,002,774 to $127,489,505 between FY2011 and FY2025.
- Contributions and grants made up 0% of revenue in FY2011 and 85% in FY2025.
- 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
IRS status
| Ruling year | 2023 |
| Subsection | 501(c)(3) |
| Program area (NTEE) | B82 — Education (in OK) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Southern Nazarene University — Bethany, OK · $72,110,445
- Oklahoma Christian University Inc — Edmond, OK · $73,263,162
- Folds of Honor Foundation — Owasso, OK · $75,913,260
- Oklahoma Baptist University — Shawnee, OK · $76,025,660
- University of Oklahoma Foundation Inc — Norman, OK · -$36,300,348
- Oklahoma City University — Oklahoma City, OK · $133,799,161
- Oral Roberts University — Tulsa, OK · $197,522,074
- Oklahoma State University Foundation — Stillwater, OK · $272,852,964
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.