Cedars Sinai Intellectual Property Company
8700 Beverly Blvd, W Hollywood, CA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $9,424,010 | $8,576,015 | $159,185,923 |
| FY2024 | $12,258,610 | $12,317,801 | $143,304,091 |
| FY2023 | $898,368,973 | $9,050,545 | $120,254,552 |
| FY2022 | $16,082,219 | $276 | $128,047,662 |
| FY2021 | $0 | $0 | $115,042,100 |
Form 990 filings
The returns filed by Cedars Sinai Intellectual Property Company (EIN 87-1097792), 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 | $0 | 0% |
| Program service revenue | $0 | 0% |
| Other revenue | $9,424,010 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $8,421,483 | 98% |
| Management & general | $154,532 | 2% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 100% of total revenue in FY2025.
- Program services accounted for 98% of functional expenses, management & general 2%, and fundraising 0%.
- 98% of functional expenses went to program services in FY2025. That is the highest share among 22 Medical Research organizations in CA.
- Net assets covered about 222.7 months of expenses at the end of the reporting year. That puts it in the 91st percentile among 335 Medical Research organizations in CA.
- Total revenue was higher than 94.3% of 350 Medical Research organizations in CA.
- Total revenue rose from $0 in FY2021 to $9,424,010 in FY2025. Revenue increased in 2 and decreased in 2 of 4 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 5 reported years (FY2024).
- The highest revenue on record here is $898,368,973 in FY2023.
- Net assets grew from $115,042,100 to $159,185,923 between FY2021 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization).
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
TO SUPPORT CEDARS-SINAI MEDICAL CENTER THROUGH MANAGEMENT OF ITS INTELLECTUAL PROPERTY.
IRS status
| Ruling year | 2022 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H99 — Medical Research |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization). |
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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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