Compensation 990

Massachusetts Institute of Technology

Fiscal year ending 2023. Filed on May 15, 2024.

77 Massachusetts Avenue Ne49-3142
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 2023 IRS Form 990 filing, Massachusetts Institute of Technology, a 501(c)(3) charitable organization, reported compensation for 20 out of 27,330 total employees. Among the employees shown here, the average compensation is $1,263,098. The highest compensated employee at Massachusetts Institute of Technology is Seth Alexander with fiscal year 2023 compensation of $3,093,106.

Revenue, expenses, and employee compensation

Revenue

$4,954,533,000

Expenses

$4,901,572,000

Employee compensation

$2,313,040,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－0.5%vs 2022
Seth Alexander
President of Mitimco
$3,093,106
$2,635,663 from orgNo related comp$457,443 other
－3.3%vs 2022
Steven Marsh
Senior Vice President - Mitimco
$3,037,988
$2,549,994 from orgNo related comp$487,994 other
＋0.4%vs 2022
Thomas Wieand
Global Investment Professional - Mitimco
$2,456,055
$2,023,175 from orgNo related comp$432,880 other
＋0.5%vs 2022
Ryan Akkina
Global Investment Professional - Mitimco
$2,391,564
$1,989,058 from orgNo related comp$402,506 other
＋1.1%vs 2022
Emma Somers-Roy
Global Investment Professional - Mitimco
$2,240,336
$1,835,422 from orgNo related comp$404,914 other
＋43.2%vs 2020
Joel Cohen
Global Investment Professional, Mitimco
$2,211,437
$1,814,699 from orgNo related comp$396,738 other
＋13.5%vs 2022
L Rafael Reif
Former President
$1,845,810
$1,327,571 from orgNo related comp$518,239 other
＋14.3%vs 2022
Glen Shor
Executive Vice President and Treasurer
$864,133
$795,890 from orgNo related comp$68,243 other
＋52.8%vs 2022
Cynthia Barnhart
Provost
$850,792
$833,157 from orgNo related comp$17,635 other
＋14.1%vs 2022
Mark Divincenzo
Vice President and General Counsel
$816,136
$735,580 from orgNo related comp$80,556 other
＋14.0%vs 2022
Eric Evans
Director of Lincoln Laboratory
$811,225
$725,465 from orgNo related comp$85,760 other
＋7.0%vs 2022
Julie Lucas
Vice President for Resource Development
$686,862
$640,140 from orgNo related comp$46,722 other

Non-Employee Board Members

Alan G Spoon
Executive Committee Member
Ashton B Carter
Executive Committee Member
David M Siegel
Executive Committee Member
Denis A Bovin
Executive Committee Member
Fariborz Maseeh
Executive Committee Member
Indra Nooyi
Executive Committee Member
Leslye Miller Fraser
Executive Committee Member
Mark P Gorenberg
Executive Committee Member
Noubar B Afeyan
Executive Committee Member
Orit Gadiesh
Executive Committee Member
Russell Erich Caulfield
Executive Committee Member
Sally Kornbluth
President (Incoming)

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.

Other organizations also named Massachusetts Institute of Technology

Massachusetts Institute of Technology Welfare Benefit Plans Trust
Cambridge, Massachusetts

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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