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Employer Identification Number 04-2103594

MASSACHUSETTS INSTITUTE OF TECHNOLOGY is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MASSACHUSETTS INSTITUTE OF TECHNOLOGY
Employer identification number (EIN):04-2103594
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:611000
401k Pension/Benefits registration MASSACHUSETTS INSTITUTE OF TECHNOLOGY 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationCalifornia, CA

Organization Overview

Mission StatementTHE 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.
Number of Employees25269
Number of Volunteers17943
Year Formed1861

Organization Governance

Legal DomicileMA
Voting Members - Governing Body11
Voting Members - Independent8

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 94,546,000
Net unrelated business incomeUSD $ 5,232,381
Program Service Revenue from prior yearUSD $ 2,585,121,000
Program Service Revenue from current yearUSD $ 2,700,061,000
Investment Income from prior yearUSD $ 2,417,553,000
Investment Income from current yearUSD $ 1,011,206,000
Other Revenue from prior yearUSD $ 123,067,000
Other Revenue from current yearUSD $ 148,790,000
Gross receipts from all sourcesUSD $ 10,296,872,000
Net assets / fund balances at end of fiscal yearUSD $ 32,162,489,000
Net assets / fund balances at beginning of fiscal yearUSD $ 33,202,839,000
Total liabilities at end of fiscal yearUSD $ 6,425,209,000
Total liabilities at beginning of fiscal yearUSD $ 6,636,362,000
Total assets at end of fiscal yearUSD $ 38,587,698,000
Total assets at beginning of fiscal yearUSD $ 39,839,201,000
Revenues less expenses for current yearUSD $ 52,961,000
Revenues less expenses for previous yearUSD $ 1,838,030,000
Total expenses for current yearUSD $ 4,901,572,000
Total expenses for previous yearUSD $ 4,540,620,000
Other expenses in current yearUSD $ 1,951,908,000
Other expenses in previous yearUSD $ 1,781,161,000
Total fundraising expenses in current yearUSD $ 59,109,000
Professional fundraising fees from current yearUSD $ 383,000
Professional fundraising fees from previous yearUSD $ 253,000
Employee salary and benefits paid in current yearUSD $ 2,313,040,000
Employee salary and benefits paid in previous yearUSD $ 2,013,657,000
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 636,241,000
Grants and similar amounts paid in previous yearUSD $ 745,549,000
Total revenue in current fiscal yearUSD $ 4,954,533,000
Total revenue in previous fiscal yearUSD $ 6,378,650,000
Contributions and grants from current yearUSD $ 1,094,476,000
Contributions and grants from previous yearUSD $ 1,252,909,000
Total of other revenueUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 178,007,000
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,410,934,000
Program Service Revenue from current yearUSD $ 2,585,121,000
Investment Income from prior yearUSD $ 2,101,331,000
Investment Income from current yearUSD $ 2,417,553,000
Other Revenue from prior yearUSD $ 210,324,000
Other Revenue from current yearUSD $ 123,067,000
Gross receipts from all sourcesUSD $ 13,612,872,000
Net assets / fund balances at end of fiscal yearUSD $ 33,202,839,000
Net assets / fund balances at beginning of fiscal yearUSD $ 36,408,939,000
Total liabilities at end of fiscal yearUSD $ 6,636,362,000
Total liabilities at beginning of fiscal yearUSD $ 6,064,101,000
Total assets at end of fiscal yearUSD $ 39,839,201,000
Total assets at beginning of fiscal yearUSD $ 42,473,040,000
Revenues less expenses for current yearUSD $ 1,838,030,000
Revenues less expenses for previous yearUSD $ 1,444,532,000
Total expenses for current yearUSD $ 4,540,620,000
Total expenses for previous yearUSD $ 4,281,626,000
Other expenses in current yearUSD $ 1,781,161,000
Other expenses in previous yearUSD $ 1,620,914,000
Total fundraising expenses in current yearUSD $ 60,554,000
Professional fundraising fees from current yearUSD $ 253,000
Professional fundraising fees from previous yearUSD $ 49,000
Employee salary and benefits paid in current yearUSD $ 2,013,657,000
Employee salary and benefits paid in previous yearUSD $ 1,946,383,000
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 745,549,000
Grants and similar amounts paid in previous yearUSD $ 714,280,000
Total revenue in current fiscal yearUSD $ 6,378,650,000
Total revenue in previous fiscal yearUSD $ 5,726,158,000
Contributions and grants from current yearUSD $ 1,252,909,000
Contributions and grants from previous yearUSD $ 1,003,569,000
Total of other revenueUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 66,855,000
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,452,821,000
Program Service Revenue from current yearUSD $ 2,410,934,000
Investment Income from prior yearUSD $ 1,235,777,000
Investment Income from current yearUSD $ 2,101,331,000
Other Revenue from prior yearUSD $ 101,375,000
Other Revenue from current yearUSD $ 210,324,000
Gross receipts from all sourcesUSD $ 13,617,823,000
Net assets / fund balances at end of fiscal yearUSD $ 36,408,939,000
Net assets / fund balances at beginning of fiscal yearUSD $ 23,795,577,000
Total liabilities at end of fiscal yearUSD $ 6,064,101,000
Total liabilities at beginning of fiscal yearUSD $ 6,269,508,000
Total assets at end of fiscal yearUSD $ 42,473,040,000
Total assets at beginning of fiscal yearUSD $ 30,065,085,000
Revenues less expenses for current yearUSD $ 1,444,532,000
Revenues less expenses for previous yearUSD $ 638,678,000
Total expenses for current yearUSD $ 4,281,626,000
Total expenses for previous yearUSD $ 4,165,517,000
Other expenses in current yearUSD $ 1,620,914,000
Other expenses in previous yearUSD $ 1,594,915,000
Total fundraising expenses in current yearUSD $ 52,808,000
Professional fundraising fees from current yearUSD $ 49,000
Professional fundraising fees from previous yearUSD $ 460,000
Employee salary and benefits paid in current yearUSD $ 1,946,383,000
Employee salary and benefits paid in previous yearUSD $ 1,889,151,000
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 714,280,000
Grants and similar amounts paid in previous yearUSD $ 680,991,000
Total revenue in current fiscal yearUSD $ 5,726,158,000
Total revenue in previous fiscal yearUSD $ 4,804,195,000
Contributions and grants from current yearUSD $ 1,003,569,000
Contributions and grants from previous yearUSD $ 1,014,222,000
Total of other revenueUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ -4,565,000
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,475,023,000
Program Service Revenue from current yearUSD $ 2,452,821,000
Investment Income from prior yearUSD $ 1,536,401,000
Investment Income from current yearUSD $ 1,235,777,000
Other Revenue from prior yearUSD $ 258,578,000
Other Revenue from current yearUSD $ 101,375,000
Gross receipts from all sourcesUSD $ 11,367,780,000
Net assets / fund balances at end of fiscal yearUSD $ 23,795,577,000
Net assets / fund balances at beginning of fiscal yearUSD $ 22,552,551,000
Total liabilities at end of fiscal yearUSD $ 6,269,508,000
Total liabilities at beginning of fiscal yearUSD $ 4,965,684,000
Total assets at end of fiscal yearUSD $ 30,065,085,000
Total assets at beginning of fiscal yearUSD $ 27,518,235,000
Revenues less expenses for current yearUSD $ 638,678,000
Revenues less expenses for previous yearUSD $ 1,233,543,000
Total expenses for current yearUSD $ 4,165,517,000
Total expenses for previous yearUSD $ 4,075,066,000
Other expenses in current yearUSD $ 1,594,915,000
Other expenses in previous yearUSD $ 1,621,299,000
Total fundraising expenses in current yearUSD $ 56,737,000
Professional fundraising fees from current yearUSD $ 460,000
Professional fundraising fees from previous yearUSD $ 1,434,000
Employee salary and benefits paid in current yearUSD $ 1,889,151,000
Employee salary and benefits paid in previous yearUSD $ 1,794,225,000
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 680,991,000
Grants and similar amounts paid in previous yearUSD $ 658,108,000
Total revenue in current fiscal yearUSD $ 4,804,195,000
Total revenue in previous fiscal yearUSD $ 5,308,609,000
Contributions and grants from current yearUSD $ 1,014,222,000
Contributions and grants from previous yearUSD $ 1,038,607,000
Total of other revenueUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ -12,787,000
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,289,060,000
Program Service Revenue from current yearUSD $ 2,475,023,000
Investment Income from prior yearUSD $ 1,139,850,000
Investment Income from current yearUSD $ 1,536,401,000
Other Revenue from prior yearUSD $ 138,818,000
Other Revenue from current yearUSD $ 258,578,000
Gross receipts from all sourcesUSD $ 12,619,694,000
Net assets / fund balances at end of fiscal yearUSD $ 22,552,551,000
Net assets / fund balances at beginning of fiscal yearUSD $ 21,374,624,000
Total liabilities at end of fiscal yearUSD $ 4,965,684,000
Total liabilities at beginning of fiscal yearUSD $ 4,487,315,000
Total assets at end of fiscal yearUSD $ 27,518,235,000
Total assets at beginning of fiscal yearUSD $ 25,861,939,000
Revenues less expenses for current yearUSD $ 1,233,543,000
Revenues less expenses for previous yearUSD $ 587,829,000
Total expenses for current yearUSD $ 4,075,066,000
Total expenses for previous yearUSD $ 3,855,696,000
Other expenses in current yearUSD $ 1,621,299,000
Other expenses in previous yearUSD $ 1,502,591,000
Total fundraising expenses in current yearUSD $ 58,581,000
Professional fundraising fees from current yearUSD $ 1,434,000
Professional fundraising fees from previous yearUSD $ 1,222,000
Employee salary and benefits paid in current yearUSD $ 1,794,225,000
Employee salary and benefits paid in previous yearUSD $ 1,746,719,000
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 658,108,000
Grants and similar amounts paid in previous yearUSD $ 605,164,000
Total revenue in current fiscal yearUSD $ 5,308,609,000
Total revenue in previous fiscal yearUSD $ 4,443,525,000
Contributions and grants from current yearUSD $ 1,038,607,000
Contributions and grants from previous yearUSD $ 875,797,000
Total of other revenueUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 22,930,000
Net unrelated business incomeUSD $ -21,314,387
Program Service Revenue from prior yearUSD $ 2,170,094,000
Program Service Revenue from current yearUSD $ 2,289,060,000
Investment Income from prior yearUSD $ 801,732,000
Investment Income from current yearUSD $ 1,139,850,000
Other Revenue from prior yearUSD $ 137,773,000
Other Revenue from current yearUSD $ 138,818,000
Gross receipts from all sourcesUSD $ 37,140,422,000
Net assets / fund balances at end of fiscal yearUSD $ 21,374,624,000
Net assets / fund balances at beginning of fiscal yearUSD $ 19,006,233,000
Total liabilities at end of fiscal yearUSD $ 4,487,315,000
Total liabilities at beginning of fiscal yearUSD $ 4,721,213,000
Total assets at end of fiscal yearUSD $ 25,861,939,000
Total assets at beginning of fiscal yearUSD $ 23,727,446,000
Revenues less expenses for current yearUSD $ 587,829,000
Revenues less expenses for previous yearUSD $ 386,303,000
Total expenses for current yearUSD $ 3,855,696,000
Total expenses for previous yearUSD $ 3,751,619,000
Other expenses in current yearUSD $ 1,502,591,000
Other expenses in previous yearUSD $ 1,564,020,000
Total fundraising expenses in current yearUSD $ 57,705,000
Professional fundraising fees from current yearUSD $ 1,222,000
Professional fundraising fees from previous yearUSD $ 144,000
Employee salary and benefits paid in current yearUSD $ 1,746,719,000
Employee salary and benefits paid in previous yearUSD $ 1,609,272,000
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 605,164,000
Grants and similar amounts paid in previous yearUSD $ 578,183,000
Total revenue in current fiscal yearUSD $ 4,443,525,000
Total revenue in previous fiscal yearUSD $ 4,137,922,000
Contributions and grants from current yearUSD $ 875,797,000
Contributions and grants from previous yearUSD $ 1,028,323,000
Total of other revenueUSD $ 0
2017-06-30
Total unrelated business incomeUSD $ 25,482,000
Net unrelated business incomeUSD $ -27,200,283
Program Service Revenue from prior yearUSD $ 2,115,709,000
Program Service Revenue from current yearUSD $ 2,170,094,000
Investment Income from prior yearUSD $ 740,991,000
Investment Income from current yearUSD $ 801,732,000
Other Revenue from prior yearUSD $ 141,590,000
Other Revenue from current yearUSD $ 137,773,000
Gross receipts from all sourcesUSD $ 35,662,981,000
Net assets / fund balances at end of fiscal yearUSD $ 19,006,233,000
Net assets / fund balances at beginning of fiscal yearUSD $ 16,884,776,000
Total liabilities at end of fiscal yearUSD $ 4,721,213,000
Total liabilities at beginning of fiscal yearUSD $ 5,292,256,000
Total assets at end of fiscal yearUSD $ 23,727,446,000
Total assets at beginning of fiscal yearUSD $ 22,177,032,000
Revenues less expenses for current yearUSD $ 386,303,000
Revenues less expenses for previous yearUSD $ 357,026,000
Total expenses for current yearUSD $ 3,751,619,000
Total expenses for previous yearUSD $ 3,604,394,000
Other expenses in current yearUSD $ 1,564,020,000
Other expenses in previous yearUSD $ 1,547,373,000
Total fundraising expenses in current yearUSD $ 54,686,000
Professional fundraising fees from current yearUSD $ 144,000
Professional fundraising fees from previous yearUSD $ 575,000
Employee salary and benefits paid in current yearUSD $ 1,609,272,000
Employee salary and benefits paid in previous yearUSD $ 1,514,886,000
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 578,183,000
Grants and similar amounts paid in previous yearUSD $ 541,560,000
Total revenue in current fiscal yearUSD $ 4,137,922,000
Total revenue in previous fiscal yearUSD $ 3,961,420,000
Contributions and grants from current yearUSD $ 1,028,323,000
Contributions and grants from previous yearUSD $ 963,130,000
Total of other revenueUSD $ 0
2016-06-30
Total unrelated business incomeUSD $ 25,867,000
Net unrelated business incomeUSD $ -10,753,903
Program Service Revenue from prior yearUSD $ 2,005,751,000
Program Service Revenue from current yearUSD $ 2,115,709,000
Investment Income from prior yearUSD $ 908,466,000
Investment Income from current yearUSD $ 740,991,000
Other Revenue from prior yearUSD $ 142,583,000
Other Revenue from current yearUSD $ 141,590,000
Gross receipts from all sourcesUSD $ 26,350,047,000
Net assets / fund balances at end of fiscal yearUSD $ 16,884,776,000
Net assets / fund balances at beginning of fiscal yearUSD $ 17,562,621,000
Total liabilities at end of fiscal yearUSD $ 5,292,256,000
Total liabilities at beginning of fiscal yearUSD $ 4,319,454,000
Total assets at end of fiscal yearUSD $ 22,177,032,000
Total assets at beginning of fiscal yearUSD $ 21,882,075,000
Revenues less expenses for current yearUSD $ 357,026,000
Revenues less expenses for previous yearUSD $ 680,205,000
Total expenses for current yearUSD $ 3,604,394,000
Total expenses for previous yearUSD $ 3,362,019,000
Other expenses in current yearUSD $ 1,547,373,000
Other expenses in previous yearUSD $ 1,402,128,000
Total fundraising expenses in current yearUSD $ 52,708,000
Professional fundraising fees from current yearUSD $ 575,000
Professional fundraising fees from previous yearUSD $ 889,000
Employee salary and benefits paid in current yearUSD $ 1,514,886,000
Employee salary and benefits paid in previous yearUSD $ 1,437,076,000
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 541,560,000
Grants and similar amounts paid in previous yearUSD $ 521,926,000
Total revenue in current fiscal yearUSD $ 3,961,420,000
Total revenue in previous fiscal yearUSD $ 4,042,224,000
Contributions and grants from current yearUSD $ 963,130,000
Contributions and grants from previous yearUSD $ 985,424,000
Gross income from fundraising eventsUSD $ 0
Total of other revenueUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 69,842,000
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,817,391,000
Program Service Revenue from current yearUSD $ 2,005,751,000
Investment Income from prior yearUSD $ 969,651,000
Investment Income from current yearUSD $ 908,466,000
Other Revenue from prior yearUSD $ 327,607,000
Other Revenue from current yearUSD $ 142,583,000
Gross receipts from all sourcesUSD $ 26,659,611,000
Net assets / fund balances at end of fiscal yearUSD $ 17,562,621,000
Net assets / fund balances at beginning of fiscal yearUSD $ 16,080,948,000
Total liabilities at end of fiscal yearUSD $ 4,319,454,000
Total liabilities at beginning of fiscal yearUSD $ 4,256,964,000
Total assets at end of fiscal yearUSD $ 21,882,075,000
Total assets at beginning of fiscal yearUSD $ 20,337,912,000
Revenues less expenses for current yearUSD $ 680,205,000
Revenues less expenses for previous yearUSD $ 918,926,000
Total expenses for current yearUSD $ 3,362,019,000
Total expenses for previous yearUSD $ 3,151,739,000
Other expenses in current yearUSD $ 1,402,128,000
Other expenses in previous yearUSD $ 1,299,487,000
Total fundraising expenses in current yearUSD $ 47,339,000
Professional fundraising fees from current yearUSD $ 889,000
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,437,076,000
Employee salary and benefits paid in previous yearUSD $ 1,352,138,000
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 521,926,000
Grants and similar amounts paid in previous yearUSD $ 500,114,000
Total revenue in current fiscal yearUSD $ 4,042,224,000
Total revenue in previous fiscal yearUSD $ 4,070,665,000
Contributions and grants from current yearUSD $ 985,424,000
Contributions and grants from previous yearUSD $ 956,016,000
Total of other revenueUSD $ 0

Other Company Names associated with EIN

MIT HEALTH PLAN

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 042103594

USA Mailing Address
77 MASSACHUSETTS AVENUE NE49 3142
CAMBRIDGE
MA
02139
Date first seen: 2007-01-01
Date last seen: 2024-07-31
USA Location Address
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE
MA
02139
Date first seen: 2007-01-01
Date last seen: 2024-07-31
USA Mailing Address
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE
MA
02459
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Mailing Address
77 MASSACHUSETTS AVE # NE49-3134
CAMBRIDGE
MA
021394301
Date first seen: 2019-01-30
Date last seen: 2019-01-30
USA Location Address
77 MASSACHUSETTS AVE # NE49-3134
CAMBRIDGE
MA
021394301
Date first seen: 2019-01-30
Date last seen: 2019-10-11
USA Mailing Address
77 MASSACHUSETTS AVENUE NE49-3142
Cambridge
MA
021394307
Date first seen: 2015-05-14
Date last seen: 2024-05-15

EIN Events

Event Date Event description
2016-06-30Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2015

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

EIN Change Events for MASSACHUSETTS INSTITUTE OF TECHNOLOGY

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