Logo for "THE FRANKLIN INSTITUTE"

THE FRANKLIN INSTITUTE

THE FRANKLIN INSTITUTE

Philadelphia, PA, US
501(c)3
EIN
23-1370501
Logo for "THE FRANKLIN INSTITUTE"

THE FRANKLIN INSTITUTE

Philadelphia, PA, US
501(c)3
EIN
23-1370501

Overview

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Est.

1824

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Franklin Institute, with EIN 23-1370501, is a nonprofit organization dedicated to arts education and science museums, operating under the mission to inspire a passion for learning about science and technology in the spirit of inquiry exemplified by Benjamin Franklin. With an operating budget of $34.2 million and total revenue of $51.2 million for the 2024 filing year, the organization demonstrates significant financial scale and stability. The Franklin Institute does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its educational initiatives. For more information, visit www.fi.edu.

Mission Statement

IN THE SPIRIT OF INQUIRY AND DISCOVERY EMBODIED BY BENJAMIN FRANKLIN, THE MISSION OF THE FRANKLIN INSTITUTE IS TO INSPIRE A PASSION FOR LEARNING ABOUT SCIENCE AND TECHNOLOGY.
Revenues

$51.2M

Expenses

$34.6M

Net Income:
+$16.6M
Assets

$226.4M

Liabilities

$25.5M

Net Assets:
+$200.9M
Operating Budget

$34.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

72

Median grant size
$10K
Largest grant received
$1.6M
L
Larry Dubinski
Board Member
M
Mark Dichter
Board Member
A
Andrea Anania Stewart
Board Member

Frequently Asked Questions

What is THE FRANKLIN INSTITUTE’s budget?
In 2024, THE FRANKLIN INSTITUTE reported an annual operating budget of around $34.2 million. More detailed financial information is available to registered users.
What causes does THE FRANKLIN INSTITUTE support?
THE FRANKLIN INSTITUTE supports work in Science museums and Arts education.
Where does THE FRANKLIN INSTITUTE operate?
THE FRANKLIN INSTITUTE is headquartered in Philadelphia, PA.
Who funded THE FRANKLIN INSTITUTE recently?
In 2025, THE FRANKLIN INSTITUTE received grants from THE MILL SPRING FOUNDATION 084206-000, THE 1830 FAMILY FOUNDATION 2138-00-42, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE FRANKLIN INSTITUTE received in 2024?
The largest grant to THE FRANKLIN INSTITUTE in 2024 exceeds $1.6 million.
What is THE FRANKLIN INSTITUTE’s reliance on government grants?
THE FRANKLIN INSTITUTE relied on government grants for more than 5% of their total revenue in 2024.
Overview
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