Search
Learn about
Our Products
Ecosystems
Portfolios
Due Diligence
Funder Prospecting
Log in
Start
for Free
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
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
Overview
Programs
990s
Income Statement
Balance Sheet
Sign up
for more:
People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
Hide details
Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$5,855,286,000
Program Services
50%
Other
25%
Contributions
12%
Government Grants
8%
Investments
4%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$5,194,162,000
Salaries & Benefits
48%
Other
17%
Grants
13%
Fees to Service Providers
7%
Offices, Occupancy & IT
6%
Depreciation
5%
Interest
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$657,820,000
$708,308,000
+8%
Government Grants
$418,711,000
$497,576,000
+19%
Fundraising Events
$0
$0
-
Program Services
$2,700,061,000
$2,950,400,000
+9%
Membership Dues
$0
$0
-
Investments
$202,965,000
$226,900,000
+12%
Other
$974,976,000
$1,472,102,000
+51%
Total Revenues
$4,954,533,000
$5,855,286,000
+18%
Expenses
2023
2024
Change
Grants
$636,241,000
$683,641,000
+7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,311,841,000
$2,469,107,000
+7%
Fees to Service Providers
$385,084,000
$377,533,000
-2%
Advertising & Promotion
$16,916,000
$17,979,000
+6%
Offices, Occupancy & IT
$335,163,000
$333,732,000
0%
Interest
$169,704,000
$163,076,000
-4%
Depreciation
$240,994,000
$262,446,000
+9%
Other
$805,629,000
$886,648,000
+10%
Total Expenses
$4,901,572,000
$5,194,162,000
+6%
Net income
2023
2024
Change
Net income
+$52,961,000
+$661,124,000
+1148%
Functional Expenses
Summary
2023
2024
Change
Program
$3,834,995,000
$4,205,956,000
+10%
Admin
$1,007,468,000
$921,023,000
-9%
Fundraising
$59,109,000
$67,183,000
+14%
Total Expenses
$4,901,572,000
$5,194,162,000
+6%
Income Statement
