Howard Hughes Medical Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,046,733,478 | 983,647,611 | 63,085,867 | 192.0 | 27% |
| 2012 | 1,236,292,903 | 1,084,168,259 | 152,124,644 | 174.7 | 26% |
| 2013 | 1,352,946,588 | 1,053,985,963 | 298,960,625 | 192.4 | 27% |
| 2014 | 2,003,505,012 | 1,163,065,944 | 840,439,068 | 191.8 | 25% |
| 2015 | 1,982,566,539 | 1,013,599,225 | 968,967,314 | 215.1 | 29% |
| 2016 | 1,200,320,873 | 1,133,477,188 | 66,843,685 | 188.2 | 25% |
| 2017 | 1,550,547,891 | 1,043,453,921 | 507,093,970 | 222.1 | 26% |
| 2018 | 1,527,324,317 | 925,718,713 | 601,605,604 | 264.0 | 30% |
| 2019 | 1,411,381,183 | 1,081,673,510 | 329,707,673 | 223.4 | 27% |
| 2020 | 1,467,289,681 | 947,377,660 | 519,912,021 | 268.9 | 33% |
| 2021 | 2,096,794,078 | 954,764,083 | 1,142,029,995 | 340.6 | 32% |
| 2022 | 2,117,477,557 | 986,289,955 | 1,131,187,602 | 292.5 | 32% |
| 2023 | 749,022,788 | 1,147,090,579 | −398,067,791 | 252.9 | 30% |
In its most recent public year (2023), this organization spent $398,067,791 more than it brought in. Its reserves stood at about 252.9 months of spending, up from 192 in 2011. Staff pay was 30% of spending.
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
Howard Hughes Medical Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works