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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Massachusetts Institute of Technology

Massachusetts Institute of Technology

Fiscal year ending 2021. Filed on May 13, 2022.

77 Massachusetts Avenue Ne49-3142
C/o Mit
Cambridge, Massachusetts 02139

Massachusetts Institute of Technology (EIN: 04-2103594) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Massachusetts Institute of Technology, a 501(c)(3) charitable organization, reported compensation for 19 out of 25,443 total employees. Among the employees shown here, the average compensation is $1,120,012. The highest compensated employee at Massachusetts Institute of Technology is Steven Marsh with fiscal year 2021 compensation of $2,727,415.

Revenue, expenses, and employee compensation

Revenue

$5,726,158,000

Expenses

$4,281,626,000

Employee compensation

$1,946,383,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steven Marsh
Senior Vice President - Mitimco
$2,727,415
$2,283,387 No related comp$444,028
Seth Alexander
President of Mitimco
$2,661,674
$2,278,569 No related comp$383,105
Israel Ruiz
Former Executive Vice President and Treasurer
$2,108,765
$2,062,409 No related comp$46,356
Thomas Wieand
Global Investment Professional - Mitimco
$1,990,096
$1,642,063 No related comp$348,033
Ryan Akkina
Global Investment Professional - Mitimco
$1,940,532
$1,598,662 No related comp$341,870
Matthew Fisher
Global Investment Professional - Mitimco
$1,870,151
$1,540,328 No related comp$329,823
L Rafael Reif
President
$1,596,169
$1,102,428 No related comp$493,741
Martin Schmidt
Provost
$783,872
$700,892 No related comp$82,980
Eric Evans
Director of Lincoln Laboratory
$675,909
$600,646 No related comp$75,263
Mark Divincenzo
Vice President and General Counsel
$666,001
$590,516 No related comp$75,485
Sanjay Sarma
Vice President for Open Learning
$649,220
$555,245 No related comp$93,975
Julie Lucas
Vice President for Resource Development
$629,000
$584,704 No related comp$44,296

Benchmark Employee Compensation

Non-Employee Board Members

Denis A Bovin
Executive Committee Member
$1,000
$1,000 No related compNo other comp
Noubar B Afeyan
Executive Committee Member
No compensation reported
Russell Erich Caulfield
Executive Committee Member
No compensation reported
Orit Gadiesh
Executive Committee Member
No compensation reported
Wesley G Bush
Executive Committee Member
No compensation reported
Indra Nooyi
Executive Committee Member
No compensation reported
Mark P Gorenberg
Executive Committee Member
No compensation reported
Susan E Whitehead
Executive Committee Member
No compensation reported
Nancy C Andrews
Executive Committee Member
No compensation reported
Ashton B Carter
Executive Committee Member
No compensation reported
David M Siegel
Executive Committee Member
No compensation reported
Alan M Leventhal
Executive Committee Member
No compensation reported

Contractors

Turner Construction Company
Construction
$397,927,317
John Moriarty & Associates
Construction
$73,327,348
Walsh Brothers Incorporated
Construction
$61,912,099
Consigli Construction Co
Construction
$60,518,754
Bond Brothers Inc
Construction
$41,440,397

Mission Statement

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.

Revisions to this organization profile

May 15, 2025:
2024 Massachusetts Institute of Technology 990 filed
May 15, 2024:
2023 Massachusetts Institute of Technology 990 filed
May 12, 2023:
2022 Massachusetts Institute of Technology 990 filed

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