Public Charity

Massachusetts Institute of Technology

Massachusetts Institute of Technology, of Cambridge, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.7B in revenue, $5.5B in expenses, $45.3B in total assets. 1,458 publicly reported grants to this organization, totaling roughly $1.7B, appear in IRS filings.

EIN: 042103594 Cambridge, MA Universities NTEE: B43 Latest filing: 2025
Total Revenue$6.7B
Total Expenses$5.5B
Total Assets$45.3B
Grant Records1,458
Funding Total$1.7B
Filing Years2021–2025

Mission

THE MISSION OF MIT IS TO ADVANCE KNOWLEDGE AND EDUCATE STUDENTS IN SCIENCE, TECHNOLOGY, AND OTHER AREAS OF SCHOLARSHIP THAT WILL BEST SERVE THE NATION AND THE WORLD IN THE 21ST CENTURY.

Where $100 goes at Massachusetts Institute of Technology

How Massachusetts Institute of Technology divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$19 Management running the organization
$1 Fundraising raising the next dollar

Inside the $80 for programs

$36
Sponsored research
45% of program spending
$33
Instruction, unsponsored research, and other
42% of program spending · Reported in the filing: 7,400 students
$11
Undergraduate scholarships and graduate tuition support
13% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GENERAL SUPPORT
$1,350,000
2025
GRANT, SUPPORTING THE MASSACHUSETTS PRISON EDUCATION CONSORTIUM TRAVEL GRANT - HORIZONS 2025 TRAVEL GRANT - ASCENDIUM STATEWIDE HEP COLLABORATION CONVENING
$330,700
$299,693
2025
BAC: INVESTIGATING LIPIDOMIC PERTURBATIONS IN THE CSF WITH AGE AND ALZHEIMER'S DISEASE PROGRESSION: TOWARD MECHANISTIC INSIGHTS AND ACCESSIBLE LIPID BIOMARKERS
$287,477
2025
COLLEGES AND UNIVERSITIES
$231,000

Showing up to 5 of 1,458 total records — full history available with membership.

Officers & Directors

VP for Communications Alfred Ironside
Provost Cynthia Barnhart
Executive Committee Member David M Siegel
Professor (Former Director of Lincoln Laboratory) Eric Evans
Executive Committee Member Fariborz Maseeh
Executive VP and Treasurer Glen Shor

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,027,409,402 476 grants
Education
$260,773,701 285 grants
Research & Policy
$232,740,995 355 grants
Fundraising & Sponsorship
$81,532,053 35 grants
Health & Medicine
$41,522,908 89 grants

Financial Trends

Year Revenue Expenses Assets
2025 $6.7B $5.5B $45.3B
2024 $5.9B $5.2B $39.9B
2023 $5.0B $4.9B $38.6B
2022 $6.4B $4.5B $39.8B
2021 $5.7B $4.3B $42.5B

Between 2021 and 2025, reported annual revenue grew from $5.7B to $6.7B (+18%), with total assets most recently reported at $45.3B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Massachusetts Institute of Technology

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