TY 2023 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

A For the 2023 calendar year, or tax year beginning 01-01-2023 , and ending 12-31-2023

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
BIOTECHNOLOGY INNOVATION ORGANIZATION

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
1201 NEW YORK AVE NW NO 1300

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20005

D Employer identification number

52-1224577

E Telephone number

G Gross receipts $ 119,913,579

F Name and address of principal officer:
JOHN CROWLEY
1201 NEW YORK AVE NW NO 1300
WASHINGTON,DC20005

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) (insert no.) 4947(a)(1) or 527

Website:

WWW.BIO.ORG

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

K Form of organization: Corporation Trust Association Other

L Year of formation: 1981

M State of legal domicile: DC

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: BIO IS THE WORLD'S LARGEST ADVOCACY ASSOCIATION REPRESENTING APPROXIMATELY 1,000 MEMBER COMPANIES, STATE BIOTECHNOLOGY GROUPS, ACADEMIC AND RESEARCH INSTITUTIONS, PATIENT GROUPS, AND RELATED ORGANIZATIONS ACROSS THE UNITED STATES AND IN 30+ COUNTRIES. BIO IS FOUNDED ON THE PRINCIPLE THAT POLICY MUST NURTURE INNOVATION IN THE LIFE SCIENCES TO OVERCOME CHALLENGES IN HEALTH CARE, AGRICULTURE, INDUSTRY, AND THE ENVIRONMENT. BIO'S EFFORTS INCLUDE ADVOCACY AND POLICY EFFORTS FOCUSED ON THE INNOVATIVE HEALTH OF THE SECTOR ALONG WITH CONVENING EVENTS AND OFFERING OTHER MEMBER SERVICES.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	87
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	87
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	181
6	Total number of volunteers (estimate if necessary) .............	6	107
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	54,700
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	40,945

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	874,632	0
9	Program service revenue (Part VIII, line 2g) .........	77,932,917	93,460,509
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	3,416,988	2,221,609
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	20,960,638	18,086,391
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	103,185,175	113,768,509
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	711,285	1,534,902
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	33,487,118	39,078,972
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	52,145,707	51,016,290
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	86,344,110	91,630,164
19	Revenue less expenses. Subtract line 18 from line 12.......	16,841,065	22,138,345
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	124,412,600	156,639,347
21	Total liabilities (Part X, line 26).............	73,648,403	79,279,320
22	Net assets or fund balances. Subtract line 21 from line 20.....	50,764,197	77,360,027

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

May the IRS discuss this return with the preparer shown above? See Instructions. ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2023)

Form 990 (2023)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: THE BIOTECHNOLOGY INNOVATION ORGANIZATION (BIO) REPRESENTS APPROXIMATELY 1,000 COMPANIES AND ORGANIZATIONS IN WASHINGTON DC, STATE CAPITALS, AND INTERNATIONAL FORA. BIO IS FOUNDED ON THE PRINCIPLE THAT POLICY MUST NURTURE INNOVATION IN THE LIFE SCIENCES TO OVERCOME CHALLENGES IN HEALTH CARE, AGRICULTURE, INDUSTRY, AND THE ENVIRONMENT. OUR MEMBERS REPRESENT COMPANIES OFFERING A SPECTRUM OF BIOTECHNOLOGY APPLICATIONS ACROSS MAJOR SECTORS OF THE ECONOMY. BIO MEMBERS ALSO INCLUDE UNIVERSITIES, NONPROFITS, PATIENT GROUPS, AND OTHER ORGANIZATIONS THAT PLAY AN IMPORTANT ROLE IN THE FUTURE OF THE LIFE SCIENCES. BIO'S ACTIVITIES ARE BROKEN DOWN INTO TWO PROGRAMS - ADVOCACY AND SERVICES.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	ADVOCACY: BIOTECHNOLOGY INNOVATION ORGANIZATION (BIO)'S ADVOCACY EFFORTS REFLECT THE PRIORITIES IDENTIFIED BY THE BIO BOARD OF DIRECTORS AND THE THREE SECTION GOVERNING BOARDS.THE BOARD OF DIRECTORS FOCUSES ON ISSUES OF IMPORTANCE TO ALL BIO MEMBERS, REGARDLESS OF THEIR SIZE OR TECHNOLOGY. THESE CROSS-CUTTING ADVOCACY ACCOMPLISHMENTS FOR THE YEAR ARE LISTED BELOW: - SAFEGUARDED AND ADVANCED INTELLECTUAL PROPERTY PROTECTIONS, DOMESTICALLY AND INTERNATIONALLY.- FOSTERED A DIALOGUE ABOUT PROACTIVELY ADVANCING THE SOCIALLY RESPONSIBLE USE OF BIOTECHNOLOGY.- PROMOTED INVESTMENT IN GOVERNMENT AND ACADEMIC RESEARCH.- EXPANDED OUTREACH TO FOREIGN GOVERNMENTS AND INTERNATIONAL ENTITIES TO EDUCATE ON POLICY ISSUES OF IMPORTANCE TO THE BIOTECHNOLOGY INDUSTRY AND TO IMPROVE THE INVESTMENT AND REGULATORY CLIMATE FOR BIOTECH PRODUCTS.THE HEALTH SECTION ADVOCACY ACCOMPLISHMENTS: - PROMOTED HEALTHCARE POLICIES THAT RECOGNIZE BOTH THE PROMISE AND VALUE OF INNOVATION.- ADVOCATED FOR A SAFE AND PREDICTABLE REGULATORY ENVIRONMENT FOR VALUE-BASED PAYMENT ARRANGEMENTS FOR DRUGS AND BIOLOGICS.- ENHANCED AND PROTECTED PATIENT ACCESS TO INNOVATIVE THERAPIES AND PROMOTED THE NEED FOR GREATER NONDISCRIMINATION ENFORCEMENT AGAINST INSURANCE BENEFIT DESIGNS.- ADVOCATED FOR BIOSIMILARS POLICIES THAT PROTECT PATIENT SAFETY, PROMOTE BIOMEDICAL INNOVATION, AND ADVANCE THE SCIENCE-BASED REVIEW AND APPROVAL OF BIOSIMILARS AND INTERCHANGEABLE BIOLOGICAL PRODUCTS.- PROMOTED THE VALUE OF U.S. GOVERNMENT INVESTMENTS IN PROGRAMS THAT IMPROVE ACCESS TO IMMUNIZATIONS AND FOSTER VACCINE INNOVATION, STRENGTHENED OUR ABILITY TO RESPOND TO BIOTERROR THREATS OR EMERGING INFECTIOUS DISEASES, AND ENCOURAGED DEVELOPMENT OF NEW PRODUCTS TO FIGHT ANTIMICROBIAL RESISTANCE (AMR).- INFLUENCED IMPROVEMENTS TO THE INTERNATIONAL ENVIRONMENT FOR BIOMEDICAL INNOVATION AND GLOBAL PUBLIC HEALTH PREPAREDNESS.- ADVOCATED FOR THE MODERNIZATION OF THE CLINICAL DEVELOPMENT PARADIGM.THE EMERGING COMPANIES SECTION ADVOCACY ACCOMPLISHMENTS: - ADVANCED THE INTEREST OF EMERGING COMPANIES IN CAPITAL FORMATION AND FINANCIAL SERVICES POLICY.- ADVOCATED FOR FISCAL POLICIES SUPPORTING INNOVATIVE EMERGING COMPANIES AND INVESTMENT IN GROUNDBREAKING R&D; ENHANCED THE VOICE OF PRE-REVENUE, R&D-INTENSIVE BUSINESSES- ADVOCATED FOR THE REMOVAL OF BURDENSOME FINANCIAL REPORTING REGULATIONS ON EMERGING COMPANIES.THE AGRICULTURE & ENVIRONMENT SECTION ADVOCACY ACCOMPLISHMENTS:BIO'S AGRICULTURE & ENVIRONMENT (OR AG & ENVIRONMENT) SECTION FOCUSES ON ISSUES RELATED TO THE ORGANIZATION'S PRIOR FOOD & AGRICULTURE AND INDUSTRIAL & ENVIRONMENT SECTIONS. THESE INCLUDE:- ADVOCATING ON INITIATIVES THAT STRENGTHEN THE BIOECONOMY; AND- MEETING SHARED GOALS RELATED TO SOCIETAL CHALLENGES SUCH AS FOOD SECURITY, NATIONAL SECURITY AND CLIMATE CHANGE.THE AG & ENVIRONMENT SECTION ADVOCATES AND COORDINATES DIRECTLY WITH GOVERNMENT AND INDUSTRY STAKEHOLDERS TO INCREASE THE UNDERSTANDING AND ACCEPTANCE OF BIOTECH INNOVATION, WHILE ALSO IMPROVING THE REGULATORY AND APPROVAL PROCESSES. THIS SECTION PROMOTES APPROPRIATE INITIATIVES THAT SUPPORT INNOVATION, MARKET ACCESS, AND MARKET ACCEPTANCE.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	SERVICES: BIO'S SERVICES INCLUDE CONFERENCES AND ACTIVITIES THAT BRING ADVOCACY ACCOMPLISHMENTS LISTED BELOW:- SAFEGUARDED AND ADVANCED INTELLECTUAL PROPERTY PROTECTIONS, DOMESTICALLY AND INTERNATIONALLY.- FOSTERED A DIALOGUE ABOUT PROACTIVELY ADVANCING THE SOCIALLY RESPONSIBLE USE OF BIOTECHNOLOGY.- PROMOTED INVESTMENT IN GOVERNMENT AND ACADEMIC RESEARCH.- BROUGHT TOGETHER INDUSTRY STAKEHOLDERS AND INVESTORS FOR EVENTS RANGING FROM THE BIO INTERNATIONAL CONVENTION TO CONFERENCES FOR BUSINES DEVELOPMENT EXECUTIVES.THE BIO INTERNATIONAL CONVENTION ATTRACTS THE MOST INFLUENTIAL BIOTECH AND PHARMA ATTENDEES FROM 73 COUNTRIES AND 47 U.S. STATES, AS WELL AS THE DISTRICT OF COLUMBIA, PUERTO RICO AND THE US VIRGIN ISLANDS AND OFFERS PROFESSIONAL AND BUSINESS DEVELOPMENT OPPORTUNITIES. THE NET INCOME FROM THE CONVENTION SUPPORTS OUR ADVOCACY, PUBLIC OUTREACH, AND OTHER MEMBER SERVICE ACTIVITIES.THE KEY ELEMENTS OF THE BIO INTERNATIONAL CONVENTION ARE EDUCATIONAL PROGRAMMING, EXHIBITION, THE BIO BUSINESS FORUM, AND NETWORKING EVENTS. THESE ELEMENTS PROVIDE AN OPPORTUNITY FOR BIOTECHNOLOGY AND PHARMACEUTICAL COMPANIES, ACADEMIC RESEARCH INSTITUTIONS, AND INVESTORS FROM AROUND THE WORLD TO LEARN ABOUT RECENT SCIENTIFIC AND POLICY DEVELOPMENTS, AND SCHEDULE ONE-ON-ONE MEETINGS TO DISCUSS POTENTIAL BUSINESS OPPORTUNITIES. THE BIO BUSINESS FORUM AT THE CONVENTION HOSTS TENS OF THOUSANDS OF PARTNERING MEETINGS AMONG A FEW THOUSAND COMPANIES, ALONG WITH A COUPLE HUNDRED COMPANY PRESENTATIONS. THE CONVENTION HOSTS HUNDREDS OF SPEAKERS, AND OVER A THOUSAND EXHIBITIONS WITH INTERNATIONAL, REGIONAL AND STATE PAVILIONS (AND A NUMBER OF PRODUCT FOCUS ZONES).BEYOND THE CONVENTION, BIO HOSTS OR CO-HOSTS A NUMBER OF NATIONAL AND INTERNATIONAL CONFERENCES THAT PROVIDE VENUES FOR MEMBER AND NON-MEMBER COMPANIES TO PRESENT NEW DATA, MEET WITH FELLOW BIOTECH COMPANIES, AND ATTRACT FUNDING FROM INVESTORS AND OTHER ORGANIZATIONS.

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

Form 990 (2023)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I Click to see attachment

List of Attached Documents:

// Content

.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Yes

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Yes

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

// Content

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV..... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

List of Attached Documents:

// Content

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Yes

Form 990 (2023)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

List of Attached Documents:

// Content

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

156

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2023)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

181

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

Yes

If "Yes," enter the name of the foreign country: IN
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Yes

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2023)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Yes

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Yes

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
STEPHEN JASKO1201 NEW YORK AVE NW STE 1300 WASHINGTON,DC20005 (202) 962-9200

Form 990 (2023)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) GRACE E COLON...................................................................... EMERGING COMPANIES SECT. VICE CHAIR	2.00 .................	X	X	0	0	0
(2) JOHN F CROWLEY...................................................................... HEALTH SECTION VICE CHAIR	2.00 .................	X	X	0	0	0
(3) PAUL J HASTINGS...................................................................... IMMEDIATE PAST CHAIR	2.00 .................	X	X	0	0	0
(4) ELIZABETH LEWIS...................................................................... ASSOCIATE VICE CHAIR & SECRETARY	2.00 .................	X	X	0	0	0
(5) TED W LOVE...................................................................... CHAIR	2.00 .................	X	X	0	0	0
(6) ANNA RATH...................................................................... AGRICULTURE & ENVIRONMENT SECT CHAIR	2.00 .................	X	X	0	0	0
(7) DUANE J SIMPSON...................................................................... AGRICULTURE & ENVIRONMENT VICE CHAIR	2.00 .................	X	X	0	0	0
(8) ERIKA SMITH...................................................................... EMERGING COMPANIES SECTION CHAIR	2.00 .................	X	X	0	0	0
(9) SYLVIA WULF...................................................................... AGRICULTURE & ENVIRONMENT SECT CHAIR	2.00 .................	X	X	0	0	0
(10) BRADFORD A ZAKES...................................................................... TREASURER	2.00 .................	X	X	0	0	0
(11) ANGELA CARISA AILLONI...................................................................... DIRECTOR	2.00 .................	X		0	0	0
(12) STEVE ALBERS...................................................................... DIRECTOR	2.00 .................	X		0	0	0
(13) STUART A ARBUCKLE...................................................................... DIRECTOR	2.00 .................	X		0	0	0
(14) MARTIN BABLER...................................................................... DIRECTOR	2.00 .................	X		0	0	0
(15) SULAGNA BHATTACHARYA...................................................................... DIRECTOR	2.00 .................	X		0	0	0
(16) JEAN-JACQUES BIENAIME...................................................................... DIRECTOR (UNTIL DECEMBER 2023)	2.00 .................	X		0	0	0
(17) FRITZ BITTENBENDER...................................................................... DIRECTOR	2.00 .................	X		0	0	0

Form 990 (2023)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)				(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) ROBERT BLUM........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(19) CHRISTOPHER BOERNER........................................................................ DIRECTOR (UNTIL JUNE 2023)	2.00 .......................	X				0	0	0
(20) CARRIE L BOURDOW........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(21) CARINE BOUSTANY........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(22) STEPHEN BRADY........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(23) VICTOR BULTO........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(24) EMMANUEL CAEYMAEX........................................................................ DIRECTOR (UNTIL DECEMBER 2023)	2.00 .......................	X				0	0	0
(25) PABLO J CAGNONI........................................................................ DIRECTOR (UNTIL OCTOBER 2023)	2.00 .......................	X				0	0	0
(26) KAY CHANDLER........................................................................ DIRECTOR (UNTIL DECEMBER 2023)	2.00 .......................	X				0	0	0
(27) IVAN CHEUNG........................................................................ DIRECTOR (UNTIL SEPTEMBER 2023)	2.00 .......................	X				0	0	0
(28) GIACOMO CHIESI........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(29) JEFFREY L CLELAND........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(30) RON COHEN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(31) BRUCE C COZADD........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(32) ROGER CRYSTAL........................................................................ DIRECTOR (UNTIL JUNE 2023)	2.00 .......................	X				0	0	0
(33) DOUGLAS DOERFLER........................................................................ DIRECTOR (UNTIL DECEMBER 2023)	2.00 .......................	X				0	0	0
(34) ERIC M DUBE........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(35) MARC DUNOYER........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(36) MARK ENYEDY........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(37) BARRY P FLANNELLY........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(38) ALEXANDRIA FORBES........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(39) KAYE FOSTER........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(40) CEDRIC FRANCOIS........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(41) DEBORAH GLASSER........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(42) JOHN GLASSPOOL........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(43) JENNIFER GOOD........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(44) KEVIN C GORMAN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(45) YVONNE GREENSTREET........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(46) SEBASTIAN GUTH........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(47) KARIS GUTTER........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(48) STEVEN HARR........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(49) RACHEL HAURWITZ........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(50) JENNIFER HOLMGREN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(51) MIKE HUCKMAN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(52) ELIZABETH JEFFORDS........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(53) PATRIK JONSSON........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(54) ALEX KARNAL........................................................................ DIRECTOR (UNTIL OCTOBER 2023)	2.00 .......................	X				0	0	0
(55) DAVID KETTNER........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(56) SCOTT KOENIG........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(57) SAMARTH KULKARNI........................................................................ DIRECTOR (UNTIL MAY 2023)	2.00 .......................	X				0	0	0
(58) JOSEPH J LAROSA........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(59) CHRIS LEIBMAN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(60) JEREMY M LEVIN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(61) SANDY MACRAE........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(62) GAIL MADERIS........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(63) AAMIR MALIK........................................................................ DIRECTOR (UNTIL DECEMBER 2023)	2.00 .......................	X				0	0	0
(64) ANTHONY MANCINI........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(65) MAYA MARTINEZ-DAVIS........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(66) SHARON MATES........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(67) THOMAS P MATHERS........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(68) REENIE MCCARTHY........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(69) SHEILA ANN MIKHAIL........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(70) ROCCO MORELLI........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(71) MICHAEL M MORRISSEY........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(72) MICHAEL NARACHI........................................................................ DIRECTOR (UNTIL FEBRUARY 2023)	2.00 .......................	X				0	0	0
(73) AMIR NASHAT........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(74) WILLIAM J NEWELL........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(75) ANDREW OBENSHAIN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(76) JANNIE OOSTHUIZEN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(77) CATHERINE OWEN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(78) JULIA OWENS........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(79) JOHN V OYLER........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(80) CINDY PERETTIE........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(81) ADELENE Q PERKINS........................................................................ DIRECTOR (UNTIL OCTOBER 2023)	2.00 .......................	X				0	0	0
(82) RICHARD POPS........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(83) MARK PRUZANSKI........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(84) SOFIE QIAO........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(85) MIKE G RAAB........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(86) ELENA RICE........................................................................ DIRECTOR (UNTIL DECEMBER 2023)	2.00 .......................	X				0	0	0
(87) MICHAEL J RUGGIERO........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(88) JAMES SAPIRSTEIN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(89) CHRISTOPHE SCHILLING........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(90) HAROUT SEMERJIAN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(91) CHRISTI SHAW........................................................................ DIRECTOR (UNTIL MARCH 2023)	2.00 .......................	X				0	0	0
(92) JEFFREY SHERMAN........................................................................ DIRECTOR (UNTIL OCTOBER 2023)	2.00 .......................	X				0	0	0
(93) BILL SIBOLD........................................................................ DIRECTOR (UNTIL SEPTEMBER 2023)	2.00 .......................	X				0	0	0
(94) NANCY SIMONIAN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(95) EDDIE J SULLIVAN........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(96) IAN THOMPSON........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(97) NOLAN TOWNSEND........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(98) LINDA TROLINDER........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(99) NEIL K WARMA........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(100) SUE WASHER........................................................................ DIRECTOR (UNTIL MARCH 2023)	2.00 .......................	X				0	0	0
(101) FRANK WATANABE........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(102) SCOTT WHITE........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(103) RICK E WINNINGHAM........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(104) ROGER WYSE........................................................................ DIRECTOR (UNTIL DECEMBER 2023)	2.00 .......................	X				0	0	0
(105) TATSUYUKI YASUNO........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(106) DAPHNE ZOHAR........................................................................ DIRECTOR	2.00 .......................	X				0	0	0
(107) STEPHEN JASKO........................................................................ CHIEF FINANCIAL OFFICER, EVP BUSINESS DEVELOPMENT	40.00 .......................		X			746,044	0	86,573
(108) RACHEL K KING........................................................................ INTERIM PRESIDENT AND CEO	40.00 .......................		X			1,267,480	0	64,672
(109) RICHARD MASTERS........................................................................ CHIEF PUBLIC AFFAIRS & MARKETING OFFICER	40.00 .......................			X		761,623	0	85,347
(110) NICHOLAS SHIPLEY........................................................................ CHIEF ADVOCACY OFFICER	40.00 .......................			X		758,821	0	80,397
(111) ELIZABETH ESHAM........................................................................ CHIEF SCIENCE OFFICER	40.00 .......................			X		737,273	0	56,912
(112) PETER MCHUGH........................................................................ CHIEF LEGAL OFFICER	40.00 .......................			X		665,131	0	88,647
(113) JOHN MURPHY........................................................................ CHIEF POLICY OFFICER	40.00 .......................			X		550,953	0	87,604
(114) MICHELLE MCMURRY-HEATH........................................................................ FORMER PRESIDENT AND CEO	40.00 .......................				X	1,848,121	0	6,522

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	7,335,446	0	556,674

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 102

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
MLLC 217 CHURCH ST PHILADELPHIA,PA19106	CREATIVE STRATEGY DIRECTION	1,000,835
THE SAMANTHA SAULT AGENCY LLC 2039 NEW HAMPSHIRE AVE NW SUITE 109 WASHINGTON,DC20009	EDITORIAL SUPPORT	809,180
O'KEEFE COMMUNICATIONS LLC 2 BETHESDA METRO CENTER SUITE 310 BETHESDA,MD20814	EVENT STAGING & LABOR	573,385
ARENT FOX SCHIFF LLP 1717 K ST NW WASHINGTON,DC20006	LEGAL SERVICES	484,772
HOGAN LOVELLS US LLP 555 THIRTEENTH ST NW WASHINGTON,DC20004	LEGAL SERVICES	444,207
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 25

Form 990 (2023)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a - 1f:$	1g

h Total. Add lines 1a-1f.......

		Business Code
2a	CONFERENCE / MEETING R	541800	54,127,908	54,073,208	54,700
b	MEMBERSHIP DUES	900003	36,349,909	36,349,909
c	SPECIAL INITIATIVES	900003	1,803,019	1,803,019
d	CBI LOBBYING FUND	900003	996,773	996,773
e	OTHER PROGRAM SERVICES	900003	182,900	182,900
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		93,460,509

3 Investment income (including dividends, interest, and othersimilar amounts) ......			2,063,448			2,063,448
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........			18,086,391			18,086,391
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	6,303,231
b	Less: cost or other basis and sales expenses	7b	6,145,070
c	Gain or (loss)	7c	158,161
d	Net gain or (loss).........			158,161			158,161
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			113,768,509	93,405,809	54,700	20,308,000

Form 990 (2023)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	1,496,597
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	38,305
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	2,164,769
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	1,854,643
7	Other salaries and wages........	27,940,485
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	2,520,345
9	Other employee benefits .......	2,752,839
10	Payroll taxes ...........	1,845,891
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	992,992
c	Accounting ...........	211,414
d	Lobbying ...........	4,884,289
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	68,738
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	9,803,397
12	Advertising and promotion ....	894,217
13	Office expenses .......	814,345
14	Information technology ......	2,178,116
15	Royalties ..
16	Occupancy ...........	4,173,641
17	Travel ............	1,528,320
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	12,711,346
20	Interest ...........
21	Payments to affiliates .......	7,299,919
22	Depreciation, depletion, and amortization ..	889,454
23	Insurance ...	371,457
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	DUES & MEMBERSHIP	1,438,534
b	BANK FEES	1,347,308
c	SUBSCRIPTIONS	816,211
d	TAXES PAID	375,093
e	All other expenses	217,499
25	Total functional expenses. Add lines 1 through 24e	91,630,164
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2023)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			35,460,368	1	32,346,821
2	Savings and temporary cash investments .........			1,220,372	2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			7,153,037	4	5,320,200
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7	78,566
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			3,329,669	9	4,097,309
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	15,642,351
b	Less: accumulated depreciation	10b	2,737,090	11,698,887	10c	12,905,261
11	Investments—publicly traded securities .			44,601,716	11	80,707,801
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			20,948,551	15	21,183,389
16	Total assets. Add lines 1 through 15 (must equal line 33)...			124,412,600	16	156,639,347

17	Accounts payable and accrued expenses .....	17,018,984	17	12,067,134
18	Grants payable ...		18
19	Deferred revenue .........	16,155,091	19	21,531,353
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	40,474,328	25	45,680,833
26	Total liabilities. Add lines 17 through 25..	73,648,403	26	79,279,320

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	50,764,197	27	77,360,027
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	50,764,197	32	77,360,027
33	Total liabilities and net assets/fund balances ........	124,412,600	33	156,639,347

Form 990 (2023)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

113,768,509

Total expenses (must equal Part IX, column (A), line 25) ............

91,630,164

Revenue less expenses. Subtract line 2 from line 1 ..............

22,138,345

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

50,764,197

Net unrealized gains (losses) on investments ...............

4,457,485

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

77,360,027

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2023)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

right arrow

Complete if the organization is described below. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

BIOTECHNOLOGY INNOVATION ORGANIZATION

Employer identification number

52-1224577

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

Political campaign activity expenditures. See instructions .................................................................... right arrow

Volunteer hours for political campaign activities. See instructions ..................................................................

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ................................ right arrow

Enter the amount of any excise tax incurred by organization managers under section 4955 ....................... right arrow

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................

Yes No

Was a correction made? ......................................................................................................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... right arrow

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................ right arrow

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b........... right arrow

Did the filing organization file Form 1120-POL for this year? ...................................................................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

For Paperwork Reduction Act Notice, see the instructions for Form 990.

Cat. No. 50084S

Schedule C (Form 990) 2022

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check right arrow

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check right arrow

if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................
d	Other exempt purpose expenditures ...............................................................................
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................	Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) Total

2a	Lobbying nontaxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots nontaxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures

Schedule C (Form 990) 2022

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes|No

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? ...........................................................................................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........

Media advertisements? ...................................................................................................

Mailings to members, legislators, or the public? .............................................................................

Publications, or published or broadcast statements? ...........................................................

Grants to other organizations for lobbying purposes? ..........................................................

Direct contact with legislators, their staffs, government officials, or a legislative body? .......................

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................

Other activities? ...................................................................................................................

Total. Add lines 1c through 1i ....................................................................................................

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 ...........................................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ...............................................

Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................

Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................

Yes

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."

Dues, assessments and similar amounts from members ......................................................................

35,730,185

Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).

Current year .............................................................................................................................

10,819,819

Carryover from last year ............................................................................................................

-3,162,162

Total ...........................................................................................................................................

7,657,657

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

12,505,565

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................

-4,847,908

Taxable amount of lobbying and political expenditures. See Instructions .........................................

Part IV

Supplemental Information

Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.

Return Reference	Explanation

Schedule C (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

BIOTECHNOLOGY INNOVATION ORGANIZATION

Employer identification number

52-1224577

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2022

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	9,664,399	1,031,923	8,632,476
d	Equipment ....	2,662,532	412,814	2,249,718
e	Other .....	3,315,420	1,292,353	2,023,067
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				12,905,261

Schedule D (Form 990) 2022

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)RIGHT OF USE ASSET - OPERATING				20,412,643
(2)DEFERRED COMPENSATION INVESTMENTS				770,746
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				21,183,389

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
LEASE LIABILITY - OPERATING	41,836,734
BIO-PAC	218,733
DEFERRED COMPENSATION PLAN	770,746
STATE AFFILIATE	135,588
EVENT WITHHOLDING	96,650
SPECIAL INITIATIVES	2,444,577
UNAPPLIED RECEIPTS	140,390
OTHER	37,415

Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	45,680,833
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2022

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	118,280,948
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	4,457,485
b	Donated services and use of facilities .........	2b	123,692
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................			2e	4,581,177
3	Subtract line 2e from line 1..................			3	113,699,771
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	68,738
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c	68,738
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	113,768,509

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	91,685,118
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a	123,692
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................			2e	123,692
3	Subtract line 2e from line 1...................			3	91,561,426
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	68,738
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................			4c	68,738
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	91,630,164

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation

Schedule D (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right arrow

Attach to Form 990. Right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization
BIOTECHNOLOGY INNOVATION ORGANIZATION

Employer identification number

52-1224577

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in the region	(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	EUROPE (INCLUDING ICELAND & GREENLAND)	0	0	PROGRAM SERVICES	CONFERENCES, ADVOCACY AND EDUCATION	68,763
	CENTRAL AMERICA AND THE CARIBBEAN	0	0	PROGRAM SERVICES	CONFERENCES, ADVOCACY AND EDUCATION	25,000















3a	Sub-total ....	0	0			93,763
b	Total from continuation sheets to Part I ...	0	0			0
c	Totals (add lines 3a and 3b)	0	0			93,763

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2023

Schedule F (Form 990) 2023

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of noncash assistance	(h) Description of noncash assistance	(i) Method of valuation (book, FMV, appraisal, other)
CENTRAL AMERICA AND THE CARIBBEAN	TO SPONSOR THE PAVILION OF THE AMERICAS AGRI-FOOD SYSTEMS AT THE UN CLIMATE CHANGE CONFERENCE	25,000	ACH TRANSFER	0
EUROPE (INCLUDING ICELAND & GREENLAND)	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO VENDOR	0		13,305	BIO ASSOCIATE MEMBERSHIP	FMV

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......	0
3	Enter total number of other organizations or entities .......................	2

Schedule F (Form 990) 2023

Schedule F (Form 990) 2023Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of noncash assistance	(g) Description of noncash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2023

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2023

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation
PART I, LINE 2:	AS ATTENDEES OF THE EVENT SPONSORED IN 2023, BIO SEES HOW ITS SPONSORSHIP FUNDS WERE PUT TO USE AND BIO RECEIVES BENEFITS SUCH AS ACCESS TO THE PAVILION EVENTS AND RECEPTIONS.
PART I, LINE 3:	THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO REPORT EXPENDITURES FOR ACTIVITIES OUTSIDE THE U.S..

Schedule F (Form 990) 2023

Additional Data

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Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization
BIOTECHNOLOGY INNOVATION ORGANIZATION

Employer identification number
52-1224577

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(e) Amount of non-cash assistance	(f) Method of valuation (book, FMV, appraisal, other)	(g) Description of noncash assistance	(h) Purpose of grant or assistance
(1) ADP 99 JEFFERSON ROAD PARSIPPANY,NJ07054	22-1467904		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(2) AIRGAS HEALTHCARE 259 N RADNOR CHESTER ROAD RADNOR,PA19087	56-0732648		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(3) ALLIANCE FOR AGING RESEARCH 1700 K STREET NW SUITE 740 WASHINGTON,DC20006	54-1379174	501(C)(3)	10,000	0			CONTRIBUTION
(4) AMERICAN CANCER SOCIETY CANCER ACTION NETWORK INC 555 11TH STREET SUITE 300 WASHINGTON,DC20004	52-2340031	501(C)(4)	25,000	0			SPONSORSHIP
(5) AMERICAN LABORATORY TRADING 12 COLTON ROAD EAST LYME,CT06333	87-4749183		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(6) AON RISK SOLUTIONS 1650 MARKET STREET SUITE 1000 ONE LIBERTY PLACE PHILADELPHIA,PA19103	52-1448077		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(7) AVANTOR 100 MATSONFORD ROAD RADNOR CORP CENTER BLDG 1 PO BOX 6660 RADNOR,PA19087	82-2758923		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(8) BIOCOM CALIFORNIA 10996 TORREYANA RD STE 200 SAN DIEGO,CA92121	33-0496646	501(C)(6)	5,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(9) BIO FLORIDA INC 6742 FOREST HILL BLVD 256 WEST PALM BEACH,FL33413	59-3436638	501(C)(6)	5,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(10) BIO NJ INC 1255 WHITEHORSE-MERCERVILLE RD BUILDING B - SUITE 514 TRENTON,NJ08619	22-3284393	501(C)(6)	35,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(11) BIO VENTURES FOR GLOBAL HEALTH (BVGH) 2101 FOURTH AVENUE 1950 SEATTLE,WA98121	30-0213137	501(C)(3)	50,000	0			CONTRIBUTION
(12) BIOUTAH PO BOX 58531 SALT LAKE CITY,UT841580531	90-0899204	501(C)(6)	8,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(13) BREX 153 TOWNSEND STREET FLOOR 6 SAN FRANCISCO,CA94107	36-4071727		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(14) CALIFORNIA LIFE SCIENCES ASSOCIATION 9605 SCRANTON ROAD SUITE 120 SAN DIEGO,CA92121	47-3226523	501(C)(6)	13,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(15) CENTER FOR GLOBAL HEALTH INNOVATION INC 999 PEACHTREE STREET NE SUITE 1800 ATLANTA,GA30309	58-1849665	501(C)(3)	35,000	0			SPONSORSHIP
(16) CHUBB 202 HALLS MILLS ROAD PO BOX 1650 WHITEHOUSE STATION,NJ08889	13-2595722		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(17) CLEAN HARBORS 42 LONGWATER DRIVE NORWELL,MA02061	04-2698999		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(18) COLORADO BIOSCIENCE ASSOCIATION 600 GRANT STREET SUITE 306 DENVER,CO80203	84-1363258	501(C)(6)	12,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(19) COUNCIL FOR INNOVATION PROMOTION 1909 K STREET NW WASHINGTON,DC20006	88-2373877	501(C)(5)	15,000	0			CONTRIBUTION
(20) DC BLACK CHURCH INITIATIVE PO BOX 65177 WASHINGTON,DC20025	52-2169774	501(C)(3)	10,000	0			CONTRIBUTION
(21) DELAWARE BIOSCIENCE ASSOCIATION INC PO BOX 7708 WILMINGTON,DE19803	20-4147195	501(C)(6)	10,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(22) DEMOCRATIC GOVERNORS ASSOCIATION C/O MEGHAN MEEHAN-DRAPER 1225 EYE STREET NW SUITE 1100 WASHINGTON,DC20005	52-1304889	527	10,000	0			CONTRIBUTION
(23) EPILEPSY FOUNDATION OF AMERICA 3540 CRAIN HIGHWAY SUITE 675 BOWIE,MD20716	52-0856660	501(C)(3)	6,500	0			CONTRIBUTION
(24) EVERYLIFE FOUNDATION FOR RARE DISEASES 1012 14TH ST NW SUITE 500 WASHINGTON,DC20005	26-4614274	501(C)(3)	15,000	0			SPONSORSHIP
(25) GEORGE MASON UNIVERSITY FOUNDATION INC 4400 UNIVERSITY DRIVE MSN 1A3 ARLINGTON,VA22030	54-1603842	501(C)(3)	20,000	0			CONTRIBUTION
(26) HAWAII CROP IMPROVEMENT ASSOCIATION PO BOX 3717 LIHNE,HI96766	99-0258882	501(C)(6)	27,500	0			SPONSORSHIP
(27) HUMBOLDT STORAGE & MOVING 100 NEW BOSTON DRIVE CANTON,MA02021	04-1375440		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(28) ILLINOIS BIOTECHNOLOGY INNOVATION ORGANIZATION (IBIO) DBA IBIO 400 N ABERDEEN ST SUITE 900 CHICAGO,IL60642	36-4225980	501(C)(6)	25,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(29) INDIANA HEALTH INDUSTRY FORUM INC 429 E VERMONT STREET SUITE 304 INDIANAPOLIS,IN46202	35-1955274	501(C)(6)	4,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	CONTRIBUTION AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(30) IOWA BIOTECHNOLOGY ASSOCIATION 500 E COURT AVE SUITE 112 DES MOINES,IA50309	39-1885797	501(C)(6)	5,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(31) LIFE SCIENCE WASHINGTON 1551 EASTLAKE AVE E SUITE 300 SEATTLE,WA98102	91-1453398	501(C)(6)	7,500	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	CONTRIBUTION AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(32) LIFE SCIENCES PENNSYLVANIA 650 EAST SWEDESFORD RD SUITE 190 WAYNE,PA19087	25-1621500	501(C)(6)	9,510	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(33) LUPUS FOUNDATION OF AMERICA INC 2121 K STREET NW SUITE 200 WASHINGTON,DC20037	43-1131436	501(C)(3)	7,500	0			CONTRIBUTION
(34) MARYLAND TECHNOLOGY COUNCIL INC 9841 WASHINGTONIAN BLVD SUITE 200 GAITHERSBURG,MD20878	20-4950778	501(C)(6)	15,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(35) MISSOURI BIOTECHNOLOGY ASSOCIATION 428 EAST CAPITAL AVE JEFFERSON CITY,MO65102	43-1908699	501(C)(6)	5,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	CONTRIBUTION AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(36) MONTANA BIOSCIENCE ALLIANCE P O BOX 1773 BILLINGS,MT59101	83-3119423	501(C)(6)	15,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(37) NATIONAL HEALTH COUNCIL INC 1730 M STREET NW SUITE 500 WASHINGTON,DC200364561	13-1624107	501(C)(3)	124,500	0			SPONSORSHIP
(38) NATIONAL PSORIASIS FOUNDATION 6600 SW 92ND AVE SUITE 300 PORTLAND,OR97223	93-0571472	501(C)(3)	5,750	0			CONTRIBUTION AND SPONSORSHIP
(39) NEW YORK BIOTECHNOLOGY ASSOC 25 HEALTH SCIENCES DR SUITE 203 STONY BROOK,NY11790	11-3026494	501(C)(6)	10,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(40) NIKON INSTRUMENTS 1300 WALT WHITMAN ROAD MELVILLE,NY11747	11-3554845		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(41) NORTH CAROLINA LIFE SCIENCES ORGANIZATION PO BOX 14354 RESEARCH TRIANGLE PARK,NC27709	56-1880780	501(C)(6)	8,375	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	CONTRIBUTION, SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(42) ODP BUSINESS SOLUTIONS 6600 NORTH MILITARY TRAIL SUITE 900 BOCA RATON,FL33496	86-2161688		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(43) OHIO LIFE SCIENCES ASSOCIATION 1275 KINNEAR RD COLUMBUS,OH43212	92-0273822	501(C)(6)	5,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(44) OREGON BIOSCIENCE ASSOC 2828 SW CORBETT AVE SUITE 115 PORTLAND,OR97201	93-1009329	501(C)(6)	4,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(45) PSC BIOTECH CORPORATION 700 CORPORATE CENTER DRIVE POMONA,CA91768	58-2239335		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(46) REPUBLICAN GOVERNORS ASSOCIATION 1747 PENNSYLVANIA AVE NW WASHINGTON,DC20006	11-3655877	527	10,000	0			SPONSORSHIP
(47) REPUBLICAN STATE LEADERSHIP COMMITTEE 1201 F ST NW SUITE 675 WASHINGTON,DC20004	05-0532524	527	25,000	0			SPONSORSHIP
(48) SHAKESPEARE THEATRE COMPANY (STC) DBA SHAKESPEARE THEATRE COMPANY ATTN DEV OPERATIONS 516 8TH ST SE WASHINGTON,DC20003	52-1405988	501(C)(3)	25,000	0			CONTRIBUTION AND SPONSORSHIP
(49) SHAREVAULT 16795 LARK AVENUE SUITE 210 LOS GATOS,CA95032	56-2407915		0	22,571	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(50) TEXAS HEALTHCARE & BIOSCIENCE INSTITUTE (THBI) 807 BRAZOS STREET SUITE 607 AUSTIN,TX78701	76-0501034	501(C)(6)	12,000	2,758	FMV	BIO ASSOCIATE MEMBERSHIP	SPONSORSHIP AND COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO STATE AFFILIATE
(51) THE ARTHRITIS FOUNDATION INC 1355 PEACHTREE ST NE SUITE 600 ATLANTA,GA30309	58-1341679	501(C)(3)	15,000	0			SPONSORSHIP
(52) THE GLOBAL WOMEN'S INNOVATION NETWORK (GLOBALWIN) 233 PENNSYLVANIA AVENUE SE 2ND FLOOR WASHINGTON,DC20003	27-1428117	501(C)(3)	25,000	0			CONTRIBUTION
(53) THE GOVERNING MAJORITY EDUCATION FUND 606 W WISCONSIN AVE 1202 MILWAUKEE,WI53203	85-0549304	501(C)(4)	25,000	0			CONTRIBUTION
(54) THE WILLIAM E PROUDFORD SICKLE CELL FUND INC 445 BANK LANE UNIT 979 DOVER,DE19904	81-0679590	501(C)(3)	10,000	0			SPONSORSHIP
(55) UNIFIRST 68 JONSPIN ROAD WILMINGTON,MA01887	04-2103460		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(56) UNITED SPINAL ASSOCIATION INC 120-34 QUEENS BLVD SUITE 320 KEW GARDENS,NY11415	13-5612621	501(C)(3)	10,000	0			SPONSORSHIP
(57) UPS 55 GLENLAKE PARKWAY NE ATLANTA,GA30328	58-2480149		0	31,485	FMV	BIO ASSOCIATE MEMBERSHIP	COMPLIMENTARY ASSOCIATE MEMBERSHIP OF BIO BBS VENDOR
(58) WASHINGTON LEGAL FOUNDATION 2009 MASSACHUSETTS AVE NW WASHINGTON,DC20036	52-1071570	501(C)(3)	20,000	0			CONTRIBUTION
(59) WOMEN IN BIO INC PO BOX 97900 PITTSBURGH,PA15227	03-0458239	501(C)(3)	15,000	0			SPONSORSHIP
(60) WOMEN OF COLOR IN PHARMA PO BOX 6172 SOMERSET,NJ08873	81-3871261	501(C)(6)	11,150	0			SPONSORSHIP

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2023

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference	Explanation
PART I, LINE 2:	BIO RELIES ON THE REQUIRED QUALIFICATIONS OF THE CONTRIBUTION AND SPONSORSHIP RECIPIENTS TO PROVIDE ASSURANCE OF PROPER USAGE. IN SOME CASES, BIO PERSONNEL ATTEND EVENTS AND RECEIVE ACKNOWLEDGMENTS RELATED TO THE FUNDS.

Schedule I (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

BIOTECHNOLOGY INNOVATION ORGANIZATION

Employer identification number

52-1224577

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Yes

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Yes

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2023

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1MICHELLE MCMURRY-HEATH FORMER PRESIDENT AND CEO	(i) (ii)	205,123 ------------- 0	0 ------------- 0	1,642,998 ------------- 0	1,049 ------------- 0	5,473 ------------- 0	1,854,643 ------------- 0	450,000 ------------- 0
2RACHEL K KING INTERIM PRESIDENT AND CEO	(i) (ii)	1,267,480 ------------- 0	0 ------------- 0	0 ------------- 0	33,477 ------------- 0	31,195 ------------- 0	1,332,152 ------------- 0	0 ------------- 0
3RICHARD MASTERS CHIEF PUBLIC AFFAIRS & MARKETING OFF	(i) (ii)	589,123 ------------- 0	172,500 ------------- 0	0 ------------- 0	42,627 ------------- 0	42,720 ------------- 0	846,970 ------------- 0	0 ------------- 0
4NICHOLAS SHIPLEY CHIEF ADVOCACY OFFICER	(i) (ii)	586,321 ------------- 0	172,500 ------------- 0	0 ------------- 0	37,898 ------------- 0	42,499 ------------- 0	839,218 ------------- 0	0 ------------- 0
5STEPHEN JASKO CHIEF FINANCIAL OFFICER, EVP BUSINES	(i) (ii)	538,992 ------------- 0	207,052 ------------- 0	0 ------------- 0	42,627 ------------- 0	43,946 ------------- 0	832,617 ------------- 0	0 ------------- 0
6ELIZABETH ESHAM CHIEF SCIENCE OFFICER	(i) (ii)	551,720 ------------- 0	185,553 ------------- 0	0 ------------- 0	41,124 ------------- 0	15,788 ------------- 0	794,185 ------------- 0	0 ------------- 0
7PETER MCHUGH CHIEF LEGAL OFFICER	(i) (ii)	499,884 ------------- 0	165,247 ------------- 0	0 ------------- 0	42,627 ------------- 0	46,020 ------------- 0	753,778 ------------- 0	0 ------------- 0
8JOHN MURPHY CHIEF POLICY OFFICER	(i) (ii)	426,453 ------------- 0	124,500 ------------- 0	0 ------------- 0	42,627 ------------- 0	44,977 ------------- 0	638,557 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2023

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 1A	THE ORGANIZATION'S CEO WAS PERMITTED TO USE FIRST-CLASS FARES FOR BUSINESS TRAVEL PAID FOR BY THE ORGANIZATION. THE ORGANIZATION DID NOT TREAT FIRST-CLASS TRAVEL AS A TAXABLE FRINGE BENEFIT IN 2023.
PART I, LINES 4A-B	IN 2023, MICHELLE MCMURRY-HEATH RECEIVED $1,002,820 IN SEPARATION PAYMENTS, AND $639,212 FROM HER NONQUALIFIED DEFERRED COMPENSATION PLAN.

Schedule J (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

BIOTECHNOLOGY INNOVATION ORGANIZATION

Employer identification number

52-1224577

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 1A	THE BOARD OF DIRECTORS SHALL DESIGNATE, BY RESOLUTION AND WITH A QUORUM PRESENT, NOT MORE THAN TWENTY-THREE (23) DIRECTORS OF THE BOARD TO ACT AS AN EXECUTIVE COMMITTEE (EC). THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE SEVEN (7) ELECTED OFFICERS OF THE ORGANIZATION; THE IMMEDIATE PAST CHAIR OF THE ORGANIZATION; THE VICE CHAIRS OF EACH SECTION'S GOVERNING BOARD; AND THE BALANCE BEING AT-LARGE DIRECTORS FROM THE FULL BOARD (FB). IF THE IMMEDIATE PAST CHAIR IS NO LONGER ELIGIBLE TO SERVE ON THE FB, AN ADDITIONAL AT-LARGE DIRECTOR FROM THE FB SHALL BE SELECTED FOR THE EC. THE EC SHALL HAVE, AND BE AUTHORIZED TO EXERCISE, ALL POWERS OF THE FB AS SET FORTH IN ARTICLE VI, SECTION 1(C) OF THE BYLAWS, EXCEPT THE POWER TO AMEND THE ARTICLES OF INCORPORATION OR THE BYLAWS OF THE ORGANIZATION; TO CHANGE THE SIZE OF THE BOARD; AND TO ELECT OR REMOVE, OR MAKE DETERMINATIONS AS TO THE COMPENSATION OF THE DIRECTORS AND OFFICERS WHO ARE NOT EMPLOYEES OF THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 4	THE BIO BOARD OF DIRECTORS APPROVED CHANGES TO BIO'S BYLAWS THAT DELEGATE GOVERNANCE AND DECISION-MAKING AUTHORITY FROM THE FULL BOARD OF DIRECTORS TO THE BOARD'S EXECUTIVE COMMITTEE. THE BIO BOARD OF DIRECTORS ALSO MADE CHANGES TO SIMPLIFY AND CLARIFY BIO'S BYLAWS, INCLUDING TERM LIMITS FOR CERTAIN DIRECTORS, RESPONSIBILITIES FOR THE TREASURER AND CHIEF FINANCIAL OFFICER, AND THE ROLES OF WORK GROUPS AND COMMITTEES IN BIO.
FORM 990, PART VI, SECTION A, LINE 6	THE MEMBERS OF THE ORGANIZATION SHALL BE DIVIDED INTO FOUR CLASSES; CORE MEMBERS, ASSOCIATE MEMBERS, AFFILIATE MEMBERS, AND CENTER MEMBERS, DEFINED AS FOLLOWS: (A) CORE MEMBERS: ANY CORPORATION, PARTNERSHIP, ASSOCIATION, OR OTHER ENTITY ORGANIZED FOR PROFIT, A SUBSTANTIAL PERCENTAGE OF WHOSE BUSINESS ACTIVITIES INVOLVE BIOTECHNOLOGY, GENOMICS, BIOINFORMATICS OR RELATED NEW TECHNOLOGIES, IS ELIGIBLE FOR MEMBERSHIP. CORE MEMBERS ARE THOSE ENTITIES THAT UTILIZE BIOTECHNOLOGY, GENOMICS, BIOINFORMATICS OR OTHER RELATED NEW TECHNOLOGIES IN RESEARCH, DEVELOPMENT, TESTING, MANUFACTURING, OR SALES OF PRODUCT OR INFORMATION, AS WELL AS OTHER FIRMS THE BOARD SO CHARACTERIZES AND PLACES IN THIS CATEGORY. CORE MEMBERS SHALL BE GROUPED IN THE FOLLOWING SUBCATEGORIES: (I) EMERGING COMPANIES, WHICH ARE FIRMS THAT EMPLOY FEWER THAN 350 PERSONS AND THAT DO NOT HAVE A THERAPEUTIC OR DIAGNOSTIC PRODUCT APPROVED FOR SALE IN THE U.S. MARKET; (II) ESTABLISHED FIRMS, WHICH ARE THOSE FIRMS THAT EMPLOY 350 OR MORE PERSONS OR THAT HAVE A THERAPEUTIC OR DIAGNOSTIC PRODUCT APPROVED FOR SALE IN THE U.S. MARKET; AND (III) LARGE FIRMS, WHICH ARE ESTABLISHED FIRMS THAT HAVE ANNUAL WORLDWIDE SALES OF BIOTECHNOLOGY PRODUCTS IN EXCESS OF $1.5 BILLION; AND (IV) NON-DOMESTIC COMPANIES, WHICH ARE CORE MEMBERS WITHOUT SIGNIFICANT OPERATIONS IN THE UNITED STATES OR SIGNIFICANT COLLABORATIONS WITH A U.S. ENTITY. (B) ASSOCIATE MEMBERS: ANY CORPORATION, PARTNERSHIP, ASSOCIATION, OR OTHER ENTITY ORGANIZED FOR PROFIT, A SUBSTANTIAL PORTION OF WHOSE ACTIVITIES INVOLVE PROVIDING SERVICES OR PRODUCTS OF BENEFIT TO COMPANIES WHOSE PRINCIPAL BUSINESS IS BIOTECHNOLOGY, IS ELIGIBLE FOR ASSOCIATE MEMBERSHIP. ASSOCIATE MEMBERS ARE THOSE COMMERCIAL ENTITIES WHICH DO NOT NECESSARILY UTILIZE BIOTECHNOLOGY; E.G. TECHNICAL SUPPORT, EQUIPMENT, CONSTRUCTION, ACCOUNTING, AND LAW FIRMS THAT SERVICE THE BIOTECHNOLOGY INDUSTRY, AS WELL AS OTHER FIRMS THAT THE BOARD CHARACTERIZES AND PLACES IN THIS CATEGORY. (C) AFFILIATE MEMBERS: ANY GOVERNMENTAL OR NONPROFIT ENTITY OR COUNTRY, STATE OR REGIONAL INDUSTRY, TRADE OR PROFESSIONAL ASSOCIATION WITH AN INTEREST IN, OR A MANDATE TO PROMOTE THE DEVELOPMENT OF, BIOTECHNOLOGY IS ELIGIBLE FOR AFFILIATE MEMBERSHIP. THERE SHALL BE NO SIZE TESTS APPLIED TO AFFILIATE MEMBER APPLICANTS. (D) CENTER MEMBERS: ANY INSTITUTION, NOT GENERALLY ELIGIBLE FOR CORE MEMBERSHIP THAT IS SPONSORED BY A STATE, REGION, OR ACADEMIC INSTITUTION AND WORKS IN SUPPORT OF COMMERCIAL BIOTECHNOLOGY MAY BE ELIGIBLE FOR CONSIDERATION AS A CENTER MEMBER.
FORM 990, PART VI, SECTION A, LINE 7A	AT ALL MEMBERSHIP MEETINGS OF THE ORGANIZATION, EACH CURRENT MEMBER SHALL HAVE ONE (1) VOTE AND MAY TAKE PART IN THE VOTING IN PERSON OR BY PROXY. FOR EACH SECTION IN WHICH THE MEMBER PARTICIPATES, EACH MEMBER SHALL HAVE THE RIGHT TO VOTE ON THE ELECTION OF DIRECTORS FOR THE SECTION GOVERNING BOARD, BUT SHALL HAVE NO OTHER VOTING RIGHTS EXCEPT ON MATTERS BROUGHT TO THE MEMBERSHIP BY ANY SUCH GOVERNING BOARD OR THE ORGANIZATION'S BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 AND RELATED SCHEDULES ARE PREPARED BY THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANTS WITH INFORMATION PROVIDED BY AND UNDER THE GUIDANCE OF THE CHIEF FINANCIAL OFFICER (CFO). THE CFO AND THE CONTROLLER THOROUGHLY REVIEW ALL CALCULATIONS AND SCHEDULES TO CONFIRM THEY REFLECT THE ACTUAL FINANCIAL RESULTS OF THE ORGANIZATION. THE COMPLETE FORM 990 IS THEN REVIEWED INTERNALLY BY THE CFO, AND CONTROLLER IN CONSULTATION WITH LEGAL COUNSEL AND, AS APPROPRIATE, FURTHER CONSULTATION WITH THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANTS. ALL REVIEWS ARE COMPLETED BEFORE THE FORM IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	BIOTECHNOLOGY INNOVATION ORGANIZATION (BIO) TAKES SEVERAL STEPS TO ADDRESS COMPLIANCE BY KEY EMPLOYEES, OFFICERS AND DIRECTORS WITH ITS CONFLICTS OF INTEREST POLICY. BIO TRAINS ALL NEW EMPLOYEES AND DIRECTORS ON VARIOUS ASPECTS OF BIO'S COMPLIANCE PROGRAM, INCLUDING CONFLICTS OF INTEREST, AND BIO'S WRITTEN CONFLICTS OF INTEREST POLICY REQUIRES ALL EMPLOYEES TO DISCLOSE ANY OUTSIDE PERSONAL BUSINESS INTERESTS TO THEIR SUPERVISOR. BIO'S GENERAL COUNSEL REGULARLY ADVISES BIO'S EXECUTIVES AND SUPERVISORS ON SUCH MATTERS. BIO ALSO CONTRACTS WITH AN INDEPENDENT ORGANIZATION TO PROVIDE EMPLOYEES AND OTHERS WITH THE ABILITY TO FILE ANONYMOUS REPORTS CONCERNING THE VIOLATION OF ANY LAWS OR BIO POLICIES, INCLUDING ALLEGATIONS OF POTENTIAL CONFLICTS OF INTEREST, AND BIO HAS A PROCESS IN PLACE TO FOLLOW UP ON ANY SUCH COMPLAINTS IN A TIMELY AND THOROUGH MANNER. FURTHER, BIO UNDERTAKES A QUESTIONNAIRE SENT TO EACH DIRECTOR ON ITS BOARD OF DIRECTORS SEEKING DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTERESTS THEY MAY HAVE, OR THEIR FAMILY MEMBERS MAY HAVE, ASSOCIATED WITH BUSINESSES OR ORGANIZATIONS THAT DO BUSINESS WITH BIO. POTENTIAL CONFLICTS ARE MONITORED AND REVIEWED AT THE MANAGEMENT AND SENIOR MANAGEMENT LEVEL OF THE ORGANIZATION, AND DEPENDING ON THE CONFLICT, DETERMINATIONS MAY BE MADE AT THE BOARD OR SENIOR MANAGEMENT LEVEL. A CONFLICT AT THE BOARD LEVEL WILL NORMALLY RESULT IN RECUSAL OF THE INDIVIDUAL FROM PARTICIPATION OR ACTIVITIES WITH RESPECT TO THE RELEVANT SUBJECT MATTER. AT THE STAFF LEVEL, THE APPLICABLE BIO SUPERVISOR IS INFORMED OF THE POTENTIAL CONFLICT AND IS REQUIRED TO TAKE ALL APPROPRIATE STEPS TO ENSURE THAT THE INDIVIDUAL DOES NOT PARTICIPATE IN, OR RECEIVE CONFIDENTIAL INFORMATION RELATING TO, ANY BIO ACTIVITY RELATED TO THE SUBJECT MATTER OF THE CONFLICT, UP TO AND INCLUDING, WHERE APPROPRIATE, TERMINATION OF SUCH EMPLOYEE.
FORM 990, PART VI, SECTION B, LINE 15	FOR 2023, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER (CEO) OF BIO (BIOTECHNOLOGY INNOVATION ORGANIZATION 52-1224577) WAS COMPENSATED PER THE TERMS OF A MULTI-YEAR CONTRACT THAT WAS DETERMINED WITH INDEPENDENT REVIEW, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION, AS INDICATED IN PRIOR FORM 990 SUBMISSIONS. IN ADDITION, BASED ON THE EXECUTIVE COMMITTEE'S EVALUATION OF THE PRESIDENT AND CEO'S PERFORMANCE FOR 2023, THE COMMITTEE DETERMINED THE APPROPRIATE AMOUNT FOR THE DISCRETIONARY COMPONENT OF COMPENSATION FOR THAT YEAR, IN ACCORDANCE WITH THE RELEVANT PROVISION OF THE EXECUTIVE AGREEMENT. WHEN DETERMINING THE COMPENSATION OF THE BIO PRESIDENT & CEO, BIO HAS USED AN EXPERT OUTSIDE CONSULTANT TO BENCHMARK COMPENSATION. COMPENSATION OFTEN INCLUDES MORE THAN JUST SALARY AND BONUS, AND TO THIS END, BIO USES AN EXPERT OUTSIDE LEGAL COUNSEL WHO HAS EXTENSIVE EXPERIENCE IN NEGOTIATING THE TERMS OF CONTRACTS FOR THE PRESIDENT & CEO OF TRADE ASSOCIATIONS IN DC OF SIMILAR SIZE TO BIO. DECISIONS REGARDING THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ARE NEGOTIATED INDIVIDUALLY AND ARE PERFORMANCE-BASED, IN ACCORDANCE WITH AN ANNUAL WRITTEN EVALUATION PROCESS THAT HAS BEEN ESTABLISHED FOR ALL EMPLOYEES OF THE ORGANIZATION. AN INDEPENDENT CONSULTANT PROVIDES COMPARATIVE BENCHMARKING SERVICES FOR SENIOR MANAGEMENT POSITIONS, AND OTHER INFORMATION ON COMPENSATION ISSUES, TRENDS, POLICIES, AND BEST PRACTICES FOR USE BY THE ORGANIZATION. THE ORGANIZATION ALSO HAS AN ESTABLISHED COMPENSATION POLICY FOR ALL OF ITS EMPLOYEES, WHICH SETS FORTH THE GENERAL PARAMETERS GOVERNING BIO'S COMPENSATION PRACTICES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 11G	CONSULTANTS 6,772,604. EDUCATION & TRAINING 79,665. TEMPORARY STAFF 723,850. SPECIAL INITIATIVES 1,223,023. RECRUITING 1,004,255.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No