Public Charity

FLORIDA INSTITUTE OF TECHNOLOGY INC

FLORIDA INSTITUTE OF TECHNOLOGY INC is a Public Charity headquartered in MELBOURNE, FL. Financial data from the 2025 filing: $237.8M revenue, $216.5M expenses, $431.3M total assets. 186 publicly reported grants to this organization, totaling roughly $11.1M, appear in IRS filings.

EIN: 596046500 MELBOURNE, FL Universities NTEE: B43 Latest filing: 2025
Total Revenue$237.8M
Total Expenses$216.5M
Total Assets$431.3M
Grant Records186
Funding Total$11.1M
Filing Years2021–2025

Mission

FLORIDA INSTITUTE OF TECHNOLOGY'S MISSION IS TO PROVIDE HIGH-QUALITY EDUCATION TO A CULTURALLY DIVERSE STUDENT BODY IN ORDER TO PREPARE STUDENTS FOR ENTERING THE GLOBAL WORKFORCE, SEEKING HIGHER-EDUCATION OPPORTUNITIES, AND SERVING WITHIN THEIR COMMUNITIES. THE UNIVERSITY ALSO SEEKS TO EXPAND KNOWLEDGE THROUGH BASIC AND APPLIED RESEARCH AND TO SERVE THE DIVERSE ECONOMIC, CULTURAL, AND SOCIETAL NEEDS OF OUR LOCAL, STATE, NATIONAL AND INTERNATIONAL CONSTITUENCIES.

Where $100 goes at Florida Institute of Technology Inc

How Florida Institute of Technology Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$73 Programs the work itself
$25 Management running the organization
$2 Fundraising raising the next dollar

Inside the $73 for programs

$50
Instruction and academic support the university instructed 3,677 undergraduate, 958 graduate and 466 doctorate students on campus and off campus sites
68% of program spending · Reported in the filing: 466 students; 4,762 students
$23
Student services, auxillary enterprises and other revenues major services provided are housing and dining
32% of program spending · Reported in the filing: 100 organizations
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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.

Officers & Directors

CHIEF DATA O Amanda Moske
VP ENROLLMEN Brian Ehrlich
VP OF PHILAN Cassie Pericak
PRESIDENT Dr John Nicklow
TRUSTEE EMER Dr Raymond A Armstrong
TRUSTEE EMER Dr Richard N Baney

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$4,048,846 33 grants
Education
$2,175,926 40 grants
General Support
$2,162,636 70 grants
Environment & Conservation
$626,098 9 grants
Health & Medicine
$515,184 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $237.8M $216.5M $431.3M
2024 $222.5M $205.2M $409.3M
2023 $211.7M $195.5M $392.5M
2022 $211.9M $178.9M $366.0M
2021 $191.4M $179.9M $380.1M

Between 2021 and 2025, reported annual revenue grew from $191.4M to $237.8M (+24%), with total assets most recently reported at $431.3M.

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

See the full picture for FLORIDA INSTITUTE OF TECHNOLOGY INC

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