everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Massachusetts Institute Of Technology

Cambridge, MA / EIN 04-2103594 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20113,492,311,0002,797,927,000694,384,00052.032%
20123,355,435,0003,384,603,000−29,168,00044.528%
2013139,978−179,488319,466-2.0
20144,070,665,0003,151,739,000918,926,00061.234%
20154,042,224,0003,362,019,000680,205,00062.734%
20163,961,420,0003,604,394,000357,026,00056.233%
20174,137,922,0003,751,619,000386,303,00060.834%
20184,443,525,0003,855,696,000587,829,00066.537%
20195,308,609,0004,075,066,0001,233,543,00066.434%
20204,804,195,0004,165,517,000638,678,00068.635%
20215,726,158,0004,281,626,0001,444,532,000102.035%
20226,378,650,0004,540,620,0001,838,030,00087.735%
20234,954,533,0004,901,572,00052,961,00078.738%

In its most recent public year (2023), this organization brought in $52,961,000 more than it spent. Its reserves stood at about 78.7 months of spending, up from 52 in 2011. Staff pay was 38% of spending. $18,169,465,000 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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