MASSACHUSETTS INSTITUTE OF TECHNOLOGY

77 MASSACHUSETTS AVENUE NE 49-3131
CAMBRIDGE, MA 02139-4301


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EIN: 04-2103594 is a 501(c)(3) Corporation.
They have been tax-exempt since October 1926.


Educational Institutions and Related Activities

- University or Technological Institute
- Donations are deductible

Activities Include:

  • Schools, Colleges and Related Activities - School, college, trade school, etc.

FISCAL YEAR
ENDING JUNE

2011

FORM 990      

Total Revenue

$3,492,311,000

Total Expenses

$2,797,927,000

Net Income

$694,384,000


Notable sources of revenue

Percent of total revenue
Contributions$970,793,00027.8%
Program services$1,656,130,00047.4%
Investment income$106,386,0003%
Bond proceeds$63,0000%
Royalties$105,324,0003%
Rental property income$37,298,0001.1%
Net fundraising$0
Sales of assets$387,589,00011.1%
Net inventory sales$0
Other revenue$228,728,0006.5%

Notable expenses

Percent of total expenses
Executive compensation$5,387,0000.2%
Professional fundraising fees$449,0000%
Other salaries and wages$903,686,00032.3%

Total Assets


$15,997,478,000

Total Liabilities

$3,865,395,000

Net Assets

$12,132,083,000