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Charles Stark Draper Laboratory INC

Public charityFed auditsIRS 990990-T FY2023
DBA: % CARRIE GEORGE
Other · CAMBRIDGE, MA · EIN 04-2505372

About

Draper's engineers design, develop and deploy advanced technology solutions for the world's most difficult and important problems.

In care of Carrie George

Donations are tax-deductible
Category
Other
Employees
2,913
Volunteers
0

Financial Snapshot

FY ending 2024-06-28
Revenue
$871.1M
Expenses
$830.2M
Assets
$817.0M
Liabilities
$264.5M

Financial history

$871.1M$435.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $871.1M · Avg: $689.3M

Foreign activity (Schedule F)

Total spent abroad$41.3M
Foreign employees1
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND)
EAST ASIA AND THE PACIFIC
NORTH AMERICA
CENTRAL AMERICA AND THE CARIBBEAN
EUROPE (INCLUDING ICELAND & GREENLAND)

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$24K
Grants Given
$4.0M
CHARLES STARK DRAPER LABORATORY INC
Your actions

Address

555 Technology SQ
Cambridge, MA, 02139-353

Governance

Voting board members12
Independent members11
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.