LAB CENTRAL SUPPORTS CREATION OF INNOVATIVE STARTUP BIOTECHNOLOGY COMPANIES BY PROVIDING A WORLD-CLASS ENVIRONMENT FOR ENTREPRENUERS, AND A FULLY FUNCTIONAL LIFE SCIENCE LABORATORY WITHIN THE KENDALL SQUARE INNOVATION HUB.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$110.7M
+1.5% YoY
Annual Giving
$78K
Grant Count
6
Avg Grant Size
$13K
About Lab Central Inc
Based on IRS filings
Lab Central Inc is a nonprofit organization focused on Science & Technology, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110.7M in total assets. In 2024, it awarded 6 grants totaling $78K. Net investment income was $969K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $110,671,425 | $109,041,639 | $112,390,390 |
| Revenue | $27,342,387 | $24,500,358 | $22,629,616 |
| Expenses | $24,529,205 | $24,876,840 | $21,652,194 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $968,640 | $565,201 | $87,946 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Open Grants
2 open opportunities from Lab Central Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHANNES FRUEHAUF | PRESIDENT AND CO-FOUNDER | 26 | $323,341 |
| PETER PARKER | SECRETARY/DIRECTOR | 3 | $840 |
| JOHN HARTHORNE | DIRECTOR | 1 | — |
| STEVEN TREGAY | CHAIRMAN OF THE BOARD | 1 | — |
| JO VINEY | DIRECTOR | 1 | — |
| SUSAN WINDHAM-BANNISTER | DIRECTOR | 1 | $20,000 |
| PETER SHANLEY | CHIEF FINANCIAL OFFICER | 16 | $128,873 |
| MARGARET O'TOOLE | CHIEF OPERATING OFFICER | 40 | $346,244 |
| MIKE LARHETTE | CHIEF BUSINESS OFFICER | 36 | $311,552 |
| CELINA CHANG | VICE PRESIDENT, SCIENCE STRATEGY | 40 | $259,333 |
| BETH MCKEON | SENIOR DIRECTOR, IGNITE VC | 40 | $209,239 |
| RACHELE RYAN | SENIOR DIRECTOR, PTNRSHPS, PROGRAMMING/COMMUNITY | 40 | $185,580 |
| PETE DONOVAN | DIRECTOR, FINANCE & ACCOUNTING | 40 | $193,835 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lab Central Inc on Grantable?
- Assess strategic fit with your organization
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