Public Charity

THE FRANKLIN INSTITUTE

THE FRANKLIN INSTITUTE is a nonprofit organization categorized as Public Charity based in PHILADELPHIA, PA. Its most recent IRS filing (2024) reports revenue of $51.2M, expenses of $34.6M, total assets of $226.4M. Imperigo tracks 98 reported grant relationships connected to this organization totaling approximately $25.5M.

EIN: 231370501 PHILADELPHIA, PA Arts Education NTEE: A25 Latest filing: 2024
Total Revenue$51.2M
Total Expenses$34.6M
Total Assets$226.4M
Grant Records98
Funding Total$25.5M
Filing Years2019–2024

Mission

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.

Where $100 goes at The Franklin Institute

How The Franklin Institute divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$85 Programs the work itself
$10 Management running the organization
$5 Fundraising raising the next dollar

Inside the $85 for programs

$52
Museum admissions & operations
61% of program spending · Reported in the filing: 640,000 visitors; 177,300 visits
$18
Interest and depreciation expense not included above.Interest $292,659depreciation $5,989,816
21% of program spending
$11
Educational programs, services & grants
13% of program spending · Reported in the filing: 87 students; 82 students; 46,200 participants

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHIEF EXPERIENCE & STRATEGY OFFICER Abigail Bysshe
TRUSTEE Alexandra Hay
TRUSTEE Andrea Anania Stewart
TRUSTEE Anthony Bucci
TRUSTEE Barbara Klock
DIRECTOR OF INSTITUTIONAL GIVING Casey Satell

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$14,406,732 11 grants
Arts & Culture
$8,437,788 26 grants
General Support
$2,319,690 52 grants
Research & Policy
$257,500 4 grants
Environment & Conservation
$14,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $51.2M $34.6M $226.4M
2023 $39.6M $31.2M $189.6M
2022 $36.0M $28.1M $173.4M
2020 $25.1M $26.4M $180.6M
2019 $47.7M $41.7M $166.3M

Between 2019 and 2024, reported annual revenue grew from $47.7M to $51.2M (+7%), with total assets most recently reported at $226.4M.

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

See the full picture for THE FRANKLIN INSTITUTE

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