Compensation 990

The Milken Institute

Fiscal year ending 2024. Filed on November 17, 2025.

1250 Fourth Street 2nd Floor
Santa Monica, California 90401

The Milken Institute (EIN: 95-4240775) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Milken Institute, a 501(c)(3) charitable organization, reported compensation for 8 out of 357 total employees. Among the employees shown here, the average compensation is $573,170. The highest compensated employee at The Milken Institute is Richard Ditizio with fiscal year 2024 compensation of $1,123,036.

Revenue, expenses, and employee compensation

Revenue

$388,976,676

Expenses

$151,365,680

Employee compensation

$47,220,211
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋10.6%vs 2023
Richard Ditizio
Chief Executive Officer and President
$1,123,036
$1,044,552 from orgNo related comp$78,484 other
＋8.6%vs 2023
John Hunter
Chief Financial Officer and Chief Operating Officer
$626,694
$528,790 from orgNo related comp$97,904 other
＋4.9%vs 2023
Esther Krofah
Executive Vice President
$556,695
$514,764 from orgNo related comp$41,931 other
＋9.5%vs 2023
Melissa Stevens
Executive Vice President
$550,314
$514,889 from orgNo related comp$35,425 other
＋7.1%vs 2023
Sarah Sandler
EXEC Dir-Business and PROG Development
$550,155
$505,063 from orgNo related comp$45,092 other
－0.1%vs 2023
Rachel Goslins
EXEC Director - Mcaad
$541,939
$489,347 from orgNo related comp$52,592 other
－1.6%vs 2023
Martha Mazzone
General Counsel
$519,335
$466,743 from orgNo related comp$52,592 other
－76.2%vs 2023
Michael L Klowden
Executive Vice Chair
$117,195
$39,211 from orgNo related comp$77,984 other

Non-Employee Board Members

Dr Freda Lewis-Hall
Director
Dr Yvonne Chan
Director
Gregory Milken
Director
Kneeland Youngblood
Director
Lance Milken
Director
Lori Milken
Director
Mariano Guzman
Director
Michael Milken
Chair
Ralph Finerman
Treasurer
Richard Sandler
Secretary

Mission Statement

THE MILKEN INSTITUTE IS A NON-PROFIT, NONPARTISAN THINK TANK DETERMINED TO INCREASE GLOBAL PROSPERITY BY ADVANCING COLLABORATIVE SOLUTIONS THAT WIDEN ACCESS TO CAPITAL, CREATE JOBS, AND IMPROVE HEALTH. WE DO THIS THROUGH INDEPENDENT, DATA-DRIVE RESEARCH, ACTION-ORIENTED MEETINGS AND MEANINGFUL POLICY INITIATIVES.

Revisions to this organization profile

November 17, 2025:
2024 The Milken Institute 990 filed
November 15, 2024:
2023 The Milken Institute 990 filed
November 15, 2023:
2022 The Milken Institute 990 filed

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