Logo for "Massachusetts Institute of Technology"

Massachusetts Institute of Technology

Massachusetts Institute of Technology

Cambridge, MA, US
a.k.a MIT
501(c)(3)
EIN
04-2103594
DAF Sponsor
School
Women Led
BIPOC Led
LGBTQ+ Led
Logo for "Massachusetts Institute of Technology"

Massachusetts Institute of Technology

Cambridge, MA, US
a.k.a MIT
501(c)(3)
EIN
04-2103594
DAF Sponsor
School
Women Led
BIPOC Led
LGBTQ+ Led

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$39,938,014,000

Investments
78%
Property, Plant, & Equipment (net)
13%
Receivables (Non-Related)
3%
Prepaid Expenses
3%
Cash & Equivalents
2%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$6,399,145,000

Notes Payable / Debt (Non-Related)
58%
Other Liabilities
12%
Tax-Exempt Bond Liabilities
12%
Payables & Accruals
10%
Deferred Revenue
9%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$830,163,000
$663,991,000
-20%
Receivables (Non-Related)
$1,240,257,000
$1,274,801,000
+3%
Related-Party Receivables
$0
$0
-
Inventories
$8,872,000
$7,282,000
-18%
Prepaid Expenses
$874,693,000
$1,117,750,000
+28%
Investments
$30,198,492,000
$31,291,745,000
+4%
Property, Plant, & Equipment (net)
$4,975,697,000
$5,387,335,000
+8%
Other Assets
$459,524,000
$195,110,000
-58%
Total Assets
$38,587,698,000
$39,938,014,000
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$621,234,000
$655,050,000
+5%
Grants Payable
-
-
-
Deferred Revenue
$561,185,000
$560,175,000
0%
Tax-Exempt Bond Liabilities
$798,835,000
$742,804,000
-7%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,685,627,000
$3,687,592,000
+0%
Related-Party Payables
$0
$0
-
Other Liabilities
$758,328,000
$753,524,000
-1%
Total Liabilities
$6,425,209,000
$6,399,145,000
0%
Net assets
2023
2024
Change
Restricted Net Assets
$18,169,465,000
$18,737,850,000
+3%
Unrestricted Net Assets
$13,993,024,000
$14,801,019,000
+6%
Net assets
2023
2024
Change
Net assets
+$32,162,489,000
+$33,538,869,000
+4%
Balance Sheet
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