Massachusetts Institute of Technology
Data sourced from IRS 990 public filings
Massachusetts Institute of Technology 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.
Massachusetts Institute of Technology has received 1,000 grants from 447 known foundation funders. Revenue increased from $5,855,286,000 in 2023 to $6,737,799,000 in 2024. Most recent reported revenue: $6,737,799,000.
Annual Revenue
$6,737,799,000
Known Funders
447
Grants Received
1,000
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6,737,799,000 | $5,505,788,000 | $45,313,517,000 |
| 2023 | $5,855,286,000 | $5,194,162,000 | $39,938,014,000 |
| 2022 | $4,954,533,000 | $4,901,572,000 | $38,587,698,000 |
| 2021 | $6,378,650,000 | $4,540,620,000 | $39,839,201,000 |
| 2020 | $5,726,158,000 | $4,281,626,000 | $42,473,040,000 |
| 2019 | $4,804,195,000 | $4,165,517,000 | $30,065,085,000 |
| 2018 | $5,308,609,000 | $4,075,066,000 | $27,518,235,000 |
| 2017 | $4,443,525,000 | $3,855,696,000 | $25,861,939,000 |
Top Funders
CAMBRIDGE, MA
NEW YORK, NY
NEW YORK, NY
NEW YORK, NY
FORT WORTH, TX
BOSTON, MA
BOSTON, MA
NATICK, MA
CAMBRIDGE, MA
Showing top 10 of 447 funders.
Key Personnel
From 2024 IRS 990 filing
W Eric Grimson
Chancellor for Academic Advancement (Former Interim VP for Open Learning)
Sanjay Sarma
Professor (Former VP for Open Learning)
Maria Zuber
Presidential Advisor for Science and Technology Policy (Former VP for Research)
Eric Evans
Professor (Former Director of Lincoln Laboratory)
Thomas Wieand
Global Investment Professional, MITIMCo
Ryan Akkina
Global Investment Professional, MITIMCo
Navneeth Harikumar
Global Investment Professional, MITIMCo
L Rafael Reif
Professor (Former President)
Joel Cohen
Global Investment Professional, MITIMCo
Whitney Espich
CEO, MIT Alumni Association
Showing 10 of 34 key personnel.
Frequently Asked Questions
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