Cambridge, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Massachusetts Institute of Technology, founded in 1861, is a large national nonprofit in the Education sector that reported $6.7B in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.2B, a strong 18% operating margin.
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.
SPONSORED RESEARCH: MIT'S CAMBRIDGE, MA CAMPUS PROVIDES A FERTILE SETTING FOR RESEARCH THAT HAS SPAWNED A HOST OF SCIENTIFIC BREAKTHROUGHS AND TECHNOLOGICAL ADVANCES. PRIMARILY SPONSORED BY FEDERAL...
SPONSORED RESEARCH: MIT'S CAMBRIDGE, MA CAMPUS PROVIDES A FERTILE SETTING FOR RESEARCH THAT HAS SPAWNED A HOST OF SCIENTIFIC BREAKTHROUGHS AND TECHNOLOGICAL ADVANCES. PRIMARILY SPONSORED BY FEDERAL GRANTS AND CONTRACTS, RESEARCH AT MIT AIMS TO DEVELOP INNOVATIVE SOLUTIONS TO THE WORLD'S MOST DAUNTING CHALLENGES. FROM ADDRESSING THE ENERGY NEEDS OF TOMORROW TO IMPROVING CANCER THERAPIES AND MORE, MIT'S RESEARCH EFFORTS ARE ENHANCED THROUGH CREATIVE COLLABORATIONS IN INTERDISCIPLINARY LABS AND WITH LEADING RESEARCH INSTITUTES AND CONSORTIA AROUND THE WORLD.
INSTRUCTION, UNSPONSORED RESEARCH, AND OTHER: MIT IS COMMITTED TO PROVIDING A WORLD-CLASS EDUCATION TO OUR APPROXIMATELY 4,500 UNDERGRADUATES AND APPROXIMATELY 7,400 GRADUATE STUDENTS. AN MIT...
INSTRUCTION, UNSPONSORED RESEARCH, AND OTHER: MIT IS COMMITTED TO PROVIDING A WORLD-CLASS EDUCATION TO OUR APPROXIMATELY 4,500 UNDERGRADUATES AND APPROXIMATELY 7,400 GRADUATE STUDENTS. AN MIT EDUCATION COMBINES ANALYTICAL RIGOR WITH HANDS-ON LEARNING, IMAGINATION, AND AN APPETITE FOR SOLVING THE HARDEST PROBLEMS IN SERVICE TO SOCIETY. RESEARCH FLOURISHES IN DEPARTMENTS ACROSS MIT'S FIVE SCHOOLS AND ONE COLLEGE (SCIENCE; ENGINEERING; HUMANITIES, ARTS & SOCIAL SCIENCES; ARCHITECTURE & PLANNING; MANAGEMENT; AND COMPUTING), AS WELL AS IN CENTERS, LABS, AND PROGRAMS THAT CONVENE EXPERTS ACROSS DISCIPLINES. OTHER EXPENDITURES (INCLUDING GRANTS) INCURRED, AND REVENUES GENERATED IN CONNECTION WITH MIT'S OTHER PROGRAM SERVICES RELATED TO VARIOUS ACTIVITIES IN FURTHERANCE OF AND IN SUPPORT OF MIT'S EXEMPT MISSION INCLUDED BUT WERE NOT LIMITED TO SUCH THINGS AS FEES AND SERVICES (FOR EXAMPLE, MIT HEALTH, TECHNOLOGY LICENSING OFFICE), AUXILIARY ENTERPRISES (FOR EXAMPLE, HOUSING, DINING), AND OTHER MISCELLANEOUS PROGRAM SERVICE REVENUE.
UNDERGRADUATE SCHOLARSHIPS AND GRADUATE TUITION SUPPORT: MIT'S UNDERGRADUATE FINANCIAL AID PROGRAM ENSURES THAT AN MIT EDUCATION IS ACCESSIBLE TO ALL QUALIFIED CANDIDATES REGARDLESS OF THEIR...
UNDERGRADUATE SCHOLARSHIPS AND GRADUATE TUITION SUPPORT: MIT'S UNDERGRADUATE FINANCIAL AID PROGRAM ENSURES THAT AN MIT EDUCATION IS ACCESSIBLE TO ALL QUALIFIED CANDIDATES REGARDLESS OF THEIR FINANCIAL RESOURCES. MIT REMAINS DEDICATED TO PROVIDING FINANCIAL AID TO MEET THE FULL COST OF AN MIT EDUCATION, BASED ON THE NEEDS OF THE FAMILY. IN 2024-2025, APPROXIMATELY 57% OF ALL UNDERGRADUATES RECEIVED SOME TYPE OF NEED-BASED FINANCIAL AID FROM MIT. FINANCIAL AID FOR GRADUATE STUDENTS INCLUDES FELLOWSHIPS, AND TEACHING AND RESEARCH ASSISTANTSHIPS. TUITION SUPPORT ALSO INCLUDES EXTERNAL SUPPORT THAT FLOWS THROUGH MIT, IN THE FORM OF GRANTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,737,799,000 | $5,855,286,000 | +0.2% |
| Expenses | $5,505,788,000 | $5,194,162,000 | +0.1% |
| Net Income | $1,232,011,000 | $661,124,000 | +0.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Glen Shor | Executive VP and Treasurer | 60.0 |
Officer
Director
|
$950,529 | $76,638 | $1,027,167 |
| Sally Kornbluth | President | 60.0 |
Officer
Director
|
$1,734,292 | $417,496 | $2,151,788 |
| David M Siegel | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Fariborz Maseeh | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Janet C Wolfenbarger | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Leslye Miller Fraser | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Mark P Gorenberg | Chair of the Corporation | 40.0 |
Director
|
$55,800 | $0 | $55,800 |
| Noubar B Afeyan | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Orit Gadiesh | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Patricia R Callahan | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Paul R Marcus | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Ray A Rothrock | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Richard M Locke | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Russell Erich Caulfield | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Wesley G Bush | Executive Committee Member | 5.0 |
Director
|
$0 | $0 | $0 |
| Rachel J Donahue | Secretary | 60.0 |
Officer
|
$273,940 | $71,419 | $345,359 |
| Alfred Ironside | VP for Communications | 60.0 |
Key Emp
|
$504,024 | $77,876 | $581,900 |
| Cynthia Barnhart | Provost | 60.0 |
Key Emp
|
$1,084,227 | $19,305 | $1,103,532 |
| Ian Waitz | VP for Research | 60.0 |
Key Emp
|
$636,051 | $97,495 | $733,546 |
| Julie Lucas | VP for Resource Development | 60.0 |
Key Emp
|
$701,532 | $52,489 | $754,021 |
| Mark DiVincenzo | VP and General Counsel | 60.0 |
Key Emp
|
$879,429 | $98,415 | $977,844 |
| Melissa Choi | Director of Lincoln Laboratory | 60.0 |
Key Emp
|
$534,440 | $44,906 | $579,346 |
| Melissa Nobles | Chancellor | 60.0 |
Key Emp
|
$684,508 | $88,225 | $772,733 |
| Seth Alexander | President of MITIMCo | 60.0 |
Key Emp
|
$3,845,075 | $617,315 | $4,462,390 |
| Whitney Espich | CEO, MIT Alumni Association | 60.0 |
Key Emp
|
$351,240 | $80,057 | $431,297 |
| Joel Cohen | Global Investment Professional, MITIMCo | 60.0 |
Highest
|
$2,132,811 | $478,024 | $2,610,835 |
| L Rafael Reif | Professor (Former President) | 60.0 |
Highest
|
$1,807,611 | $42,219 | $1,849,830 |
| Navneeth Harikumar | Global Investment Professional, MITIMCo | 60.0 |
Highest
|
$2,406,464 | $523,521 | $2,929,985 |
| Ryan Akkina | Global Investment Professional, MITIMCo | 60.0 |
Highest
|
$2,372,792 | $546,539 | $2,919,331 |
| Thomas Wieand | Global Investment Professional, MITIMCo | 60.0 |
Highest
|
$2,411,804 | $562,091 | $2,973,895 |
| Eric Evans | Professor (Former Director of Lincoln Laboratory) | 40.0 |
|
$833,185 | $51,514 | $884,699 |
| Maria Zuber | Presidential Advisor for Science and Technology Policy (Former VP for Research) | 40.0 |
|
$609,859 | $42,454 | $652,313 |
| Sanjay Sarma | Professor (Former VP for Open Learning) | 40.0 |
|
$117,169 | $27,590 | $144,759 |
| W Eric Grimson | Chancellor for Academic Advancement (Former Interim VP for Open Learning) | 40.0 |
|
$606,669 | $42,362 | $649,031 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,737,799,000 | $5,505,788,000 | $45,313,517,000 | $1,232,011,000 |
| 2024 | $5,855,286,000 | $5,194,162,000 | $39,938,014,000 | $661,124,000 |
| 2023 | $4,954,533,000 | $4,901,572,000 | $38,587,698,000 | $52,961,000 |
| 2022 | $6,378,650,000 | $4,540,620,000 | $39,839,201,000 | $1,838,030,000 |
| 2021 | $5,726,158,000 | $4,281,626,000 | $42,473,040,000 | $1,444,532,000 |
| 2020 | $4,804,195,000 | $4,165,517,000 | $30,065,085,000 | $638,678,000 |
| 2019 | $5,308,609,000 | $4,075,066,000 | $27,518,235,000 | $1,233,543,000 |
| 2018 | $4,443,525,000 | $3,855,696,000 | $25,861,939,000 | $587,829,000 |
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