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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 The Milken Institute

The Milken Institute

Fiscal year ending 2017. Filed on November 14, 2018.

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 2017 IRS Form 990 filing, The Milken Institute, a 501(c)(3) charitable organization, reported compensation for 9 out of 191 total employees. Among the employees shown here, the average compensation is $402,957. The highest compensated employee at The Milken Institute is Michael L Klowden with fiscal year 2017 compensation of $655,137.

Revenue, expenses, and employee compensation

Revenue

$79,813,014

Expenses

$45,611,741

Employee compensation

$18,460,305
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael L Klowden
Chief Executive Officer
$655,137
$622,791 No related comp$32,346
Richard Ditizio
President and Chief Operating Officer
$598,424
$570,185 No related comp$28,239
Kathryn O'Reilly
EXEC Dir-Business and PROG DEV
$436,782
$416,092 No related comp$20,690
John Hunter
Executivie Vice President and CFO
$420,966
$380,543 No related comp$40,423
Staci Warden
EXEC Dir-Center for FIN Markets
$393,080
$375,006 No related comp$18,074
Melissa Stevens
EXEC Dir-Ctr for Strategic Philanthropy
$334,212
$316,485 No related comp$17,727
Jill Posnick
Executive Director
$306,622
$295,737 No related comp$10,885
William Lee
EXEC Dir/Chief Economist
$269,062
$268,116 No related comp$946
Kamyab Hashemi-Nejad
Director of Finance and ASST Treasurer
$212,330
$187,047 No related comp$25,283

Benchmark Employee Compensation

Non-Employee Board Members

Gregory Milken
Director
Lance Milken
Director
Lori Milken
Director
Michael Milken
Chair
Ralph Finerman
Treasurer
Richard Sandler
Secretary

Contractors

23ANDME Inc.
Research
$1,945,652
Ashfield Meetings & Events
Event Production
$1,751,955
Beverly Hilton
Event Production
$1,637,638
Vision Matrix Productions Inc.
Event Production
$1,501,838
Video Applications Inc.
Audio - Visual
$1,439,321

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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