Financials

Financial presentation based on MRA’s 2021 externally audited financials. Full audit and IRS 990 are available online at CureMelanoma.org/Financials

Statement of Financial Position

ASSETS Total 2021 Total 2020
Cash and Cash Equivalents $12,982,423 $12,346,871
Investments $11,630,333 $11,413,876
Contributions Receivable (Net) $7,549,216 $13,225,054
Prepaid Expenses and Other Assets $105,490 $69,028
TOTAL ASSETS $32,267,462 $37,054,829
LIABILITIES Total 2021 Total 2020
Accounts Payable $152,043 $88,858
Grants Payable (Net) $12,382,532 $13,640,454
Deferred Revenue $609,500 $202,000
Due to Affiliate $12,976
TOTAL LIABILITIES $13,144,075 $13,944,288
NET ASSETS Total 2021 Total 2020
Unrestricted $16,300,897 $16,890,540
Temporarily Restricted $2,822,490 $6,220,001
TOTAL NET ASSETS $19,123,387 $23,110,541
TOTAL LIABILITIES AND NET ASSETS $32,267,462 $37,054,829

Statement of Activities

REVENUE Total 2021 Total 2020
Contributions (Collectible Net) $4,786,386 $5,989,431
Special Events (Net) $2,046,963 $1,382,366
Sponsorship $459,555 $413,256
Interest/Investment $236,854 $586,718
In Kind Contributions $82,524 $76,859
Other Income $54,518 ($1,094)
TOTAL REVENUE $7,565,800 $8,421,536
EXPENSES Total 2021 Total 2020
Research Grants $8,761,340 $12,549,005
Personnel Costs $1,837,282 $1,734,976
Travel & Entertainment $49,006 $288,349
Other Expenses $540,770 $484,052
Meetings & Conferences $31,261 $254,294
Professional Fees $176,275 $219,379
Occupancy $157,020 $163,426
TOTAL EXPENSES $11,552,954 $15,693,481
NET INCOME/(LOSS) ($3,987,154) ($7,271,945)
REVENUE Total 2021 Total 2020
Contributions (Collectible Net) $4,786,386 $5,989,431
Special Events (Net) $2,046,963 $1,382,366
Sponsorship $459,555 $413,256
Interest/Investment $236,854 $586,718
In Kind Contributions $82,524 $76,859
Other Income $54,518 ($1,094)
TOTAL REVENUE $7,565,800 $8,421,536
EXPENSES Total 2021 Total 2020
Research Grants $8,761,340 $12,549,005
Personnel Costs $1,837,282 $1,734,976
Travel & Entertainment $49,006 $288,349
Other Expenses $540,770 $484,052
Meetings & Conferences $31,261 $254,294
Professional Fees $176,275 $219,379
Occupancy $157,020 $163,426
TOTAL EXPENSES $11,552,954 $15,693,481
NET INCOME/(LOSS) ($3,987,154) ($7,271,945)

Financial presentation based on MRA’s 2020 externally audited financials. Full audit and IRS 990 are available online at curemelanoma.org/about-mra/financials/