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Employer Identification Number 04-2121659

WORCESTER POLYTECHNIC INSTITUTE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:WORCESTER POLYTECHNIC INSTITUTE
Employer identification number (EIN):04-2121659
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:611000
401k Pension/Benefits registration WORCESTER POLYTECHNIC INSTITUTE 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 IncorporationMassachusetts, MA

Organization Overview

Mission StatementWORCESTER POLYTECHNIC INSTITUTE WAS FOUNDED IN 1865 TO CREATE AND CONVEY THE LATEST SCIENCE AND ENGINEERING KNOWLEDGE IN WAYS THAT ARE MOST BENEFICIAL FOR SOCIETY.
Number of Employees4017
Number of Volunteers834
Year Formed1865

Organization Governance

Legal DomicileMA
Voting Members - Governing Body30
Voting Members - Independent27

Organization Financials

2022-06-30
Total unrelated business incomeUSD $ -195,567
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 361,959,356
Program Service Revenue from current yearUSD $ 414,335,622
Investment Income from prior yearUSD $ 3,458,369
Investment Income from current yearUSD $ 4,296,051
Other Revenue from prior yearUSD $ 228,159
Other Revenue from current yearUSD $ 317,211
Gross receipts from all sourcesUSD $ 453,900,620
Net assets / fund balances at end of fiscal yearUSD $ 765,619,489
Net assets / fund balances at beginning of fiscal yearUSD $ 803,960,217
Total liabilities at end of fiscal yearUSD $ 485,190,259
Total liabilities at beginning of fiscal yearUSD $ 505,144,441
Total assets at end of fiscal yearUSD $ 1,250,809,748
Total assets at beginning of fiscal yearUSD $ 1,309,104,658
Revenues less expenses for current yearUSD $ -624,650
Revenues less expenses for previous yearUSD $ -361,658
Total expenses for current yearUSD $ 445,496,296
Total expenses for previous yearUSD $ 398,514,619
Other expenses in current yearUSD $ 137,704,672
Other expenses in previous yearUSD $ 123,858,726
Total fundraising expenses in current yearUSD $ 8,160,083
Professional fundraising fees from current yearUSD $ 166,030
Professional fundraising fees from previous yearUSD $ 102,453
Employee salary and benefits paid in current yearUSD $ 176,218,032
Employee salary and benefits paid in previous yearUSD $ 164,629,912
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 $ 131,407,562
Grants and similar amounts paid in previous yearUSD $ 109,923,528
Total revenue in current fiscal yearUSD $ 444,871,646
Total revenue in previous fiscal yearUSD $ 398,152,961
Contributions and grants from current yearUSD $ 25,922,762
Contributions and grants from previous yearUSD $ 32,507,077
Total of other revenueUSD $ 5,110
2021-06-30
Total unrelated business incomeUSD $ -672,259
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 349,848,582
Program Service Revenue from current yearUSD $ 361,959,356
Investment Income from prior yearUSD $ 1,456,013
Investment Income from current yearUSD $ 3,458,369
Other Revenue from prior yearUSD $ 104,845
Other Revenue from current yearUSD $ 228,159
Gross receipts from all sourcesUSD $ 402,846,330
Net assets / fund balances at end of fiscal yearUSD $ 803,960,217
Net assets / fund balances at beginning of fiscal yearUSD $ 651,821,144
Total liabilities at end of fiscal yearUSD $ 505,144,441
Total liabilities at beginning of fiscal yearUSD $ 512,554,819
Total assets at end of fiscal yearUSD $ 1,309,104,658
Total assets at beginning of fiscal yearUSD $ 1,164,375,963
Revenues less expenses for current yearUSD $ -361,658
Revenues less expenses for previous yearUSD $ -6,435,349
Total expenses for current yearUSD $ 398,514,619
Total expenses for previous yearUSD $ 390,932,284
Other expenses in current yearUSD $ 123,858,726
Other expenses in previous yearUSD $ 110,865,892
Total fundraising expenses in current yearUSD $ 7,766,698
Professional fundraising fees from current yearUSD $ 102,453
Professional fundraising fees from previous yearUSD $ 365,178
Employee salary and benefits paid in current yearUSD $ 164,629,912
Employee salary and benefits paid in previous yearUSD $ 179,829,113
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 $ 109,923,528
Grants and similar amounts paid in previous yearUSD $ 99,872,101
Total revenue in current fiscal yearUSD $ 398,152,961
Total revenue in previous fiscal yearUSD $ 384,496,935
Contributions and grants from current yearUSD $ 32,507,077
Contributions and grants from previous yearUSD $ 33,087,495
Total of other revenueUSD $ 4,608
2020-06-30
Total unrelated business incomeUSD $ -202,542
Program Service Revenue from prior yearUSD $ 345,757,123
Program Service Revenue from current yearUSD $ 349,848,582
Investment Income from prior yearUSD $ 6,972,255
Investment Income from current yearUSD $ 1,456,013
Other Revenue from prior yearUSD $ 115,354
Other Revenue from current yearUSD $ 104,845
Gross receipts from all sourcesUSD $ 390,398,635
Net assets / fund balances at end of fiscal yearUSD $ 651,821,144
Net assets / fund balances at beginning of fiscal yearUSD $ 672,720,628
Total liabilities at end of fiscal yearUSD $ 512,554,819
Total liabilities at beginning of fiscal yearUSD $ 352,172,452
Total assets at end of fiscal yearUSD $ 1,164,375,963
Total assets at beginning of fiscal yearUSD $ 1,024,893,080
Revenues less expenses for current yearUSD $ -6,435,349
Revenues less expenses for previous yearUSD $ -4,555,570
Total expenses for current yearUSD $ 390,932,284
Total expenses for previous yearUSD $ 378,667,852
Other expenses in current yearUSD $ 110,865,892
Other expenses in previous yearUSD $ 118,621,960
Total fundraising expenses in current yearUSD $ 8,794,822
Professional fundraising fees from current yearUSD $ 365,178
Professional fundraising fees from previous yearUSD $ 134,677
Employee salary and benefits paid in current yearUSD $ 179,829,113
Employee salary and benefits paid in previous yearUSD $ 166,726,347
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 $ 99,872,101
Grants and similar amounts paid in previous yearUSD $ 93,184,868
Total revenue in current fiscal yearUSD $ 384,496,935
Total revenue in previous fiscal yearUSD $ 374,112,282
Contributions and grants from current yearUSD $ 33,087,495
Contributions and grants from previous yearUSD $ 21,267,550
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 26,371
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ -141,008
2019-06-30
Total unrelated business incomeUSD $ 937,810
Program Service Revenue from prior yearUSD $ 311,143,399
Program Service Revenue from current yearUSD $ 345,757,123
Investment Income from prior yearUSD $ 7,337,584
Investment Income from current yearUSD $ 6,972,255
Other Revenue from prior yearUSD $ -5,337,527
Other Revenue from current yearUSD $ 115,354
Gross receipts from all sourcesUSD $ 375,525,290
Net assets / fund balances at end of fiscal yearUSD $ 672,720,628
Net assets / fund balances at beginning of fiscal yearUSD $ 661,125,946
Total liabilities at end of fiscal yearUSD $ 352,172,452
Total liabilities at beginning of fiscal yearUSD $ 356,004,711
Total assets at end of fiscal yearUSD $ 1,024,893,080
Total assets at beginning of fiscal yearUSD $ 1,017,130,657
Revenues less expenses for current yearUSD $ -4,555,570
Revenues less expenses for previous yearUSD $ -12,326,762
Total expenses for current yearUSD $ 378,667,852
Total expenses for previous yearUSD $ 340,939,297
Other expenses in current yearUSD $ 118,621,960
Other expenses in previous yearUSD $ 103,091,368
Total fundraising expenses in current yearUSD $ 7,325,672
Professional fundraising fees from current yearUSD $ 134,677
Professional fundraising fees from previous yearUSD $ 122,763
Employee salary and benefits paid in current yearUSD $ 166,726,347
Employee salary and benefits paid in previous yearUSD $ 155,866,959
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 $ 93,184,868
Grants and similar amounts paid in previous yearUSD $ 81,858,207
Total revenue in current fiscal yearUSD $ 374,112,282
Total revenue in previous fiscal yearUSD $ 328,612,535
Contributions and grants from current yearUSD $ 21,267,550
Contributions and grants from previous yearUSD $ 15,469,079
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 22,800
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ -141,008
2018-06-30
Total unrelated business incomeUSD $ -668,414
Net unrelated business incomeUSD $ -969,795
Program Service Revenue from prior yearUSD $ 300,944,995
Program Service Revenue from current yearUSD $ 311,143,399
Investment Income from prior yearUSD $ 5,744,555
Investment Income from current yearUSD $ 7,337,584
Other Revenue from prior yearUSD $ 55,591
Other Revenue from current yearUSD $ -5,337,527
Gross receipts from all sourcesUSD $ 330,309,651
Net assets / fund balances at end of fiscal yearUSD $ 661,125,946
Net assets / fund balances at beginning of fiscal yearUSD $ 642,664,881
Total liabilities at end of fiscal yearUSD $ 356,004,711
Total liabilities at beginning of fiscal yearUSD $ 343,872,190
Total assets at end of fiscal yearUSD $ 1,017,130,657
Total assets at beginning of fiscal yearUSD $ 986,537,071
Revenues less expenses for current yearUSD $ -12,326,762
Revenues less expenses for previous yearUSD $ -3,508,867
Total expenses for current yearUSD $ 340,939,297
Total expenses for previous yearUSD $ 329,405,198
Other expenses in current yearUSD $ 103,091,368
Other expenses in previous yearUSD $ 100,801,869
Total fundraising expenses in current yearUSD $ 6,551,403
Professional fundraising fees from current yearUSD $ 122,763
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 155,866,959
Employee salary and benefits paid in previous yearUSD $ 146,111,988
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 $ 81,858,207
Grants and similar amounts paid in previous yearUSD $ 82,491,341
Total revenue in current fiscal yearUSD $ 328,612,535
Total revenue in previous fiscal yearUSD $ 325,896,331
Contributions and grants from current yearUSD $ 15,469,079
Contributions and grants from previous yearUSD $ 19,151,190
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 63,465
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ -5,422,122
2017-06-30
Total unrelated business incomeUSD $ -223,484
Net unrelated business incomeUSD $ -774,918
Program Service Revenue from prior yearUSD $ 293,261,579
Program Service Revenue from current yearUSD $ 300,944,995
Investment Income from prior yearUSD $ 3,436,288
Investment Income from current yearUSD $ 5,744,555
Other Revenue from prior yearUSD $ -1,575,226
Other Revenue from current yearUSD $ 55,591
Gross receipts from all sourcesUSD $ 328,877,410
Net assets / fund balances at end of fiscal yearUSD $ 642,664,881
Net assets / fund balances at beginning of fiscal yearUSD $ 598,156,618
Total liabilities at end of fiscal yearUSD $ 343,872,190
Total liabilities at beginning of fiscal yearUSD $ 355,173,838
Total assets at end of fiscal yearUSD $ 986,537,071
Total assets at beginning of fiscal yearUSD $ 953,330,456
Revenues less expenses for current yearUSD $ -3,508,867
Revenues less expenses for previous yearUSD $ 39,814,499
Total expenses for current yearUSD $ 329,405,198
Total expenses for previous yearUSD $ 316,692,625
Other expenses in current yearUSD $ 100,801,869
Other expenses in previous yearUSD $ 97,481,436
Total fundraising expenses in current yearUSD $ 5,646,503
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 146,111,988
Employee salary and benefits paid in previous yearUSD $ 135,781,663
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 $ 82,491,341
Grants and similar amounts paid in previous yearUSD $ 83,429,526
Total revenue in current fiscal yearUSD $ 325,896,331
Total revenue in previous fiscal yearUSD $ 356,507,124
Contributions and grants from current yearUSD $ 19,151,190
Contributions and grants from previous yearUSD $ 61,384,483
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2016-06-30
Total unrelated business incomeUSD $ -558,122
Net unrelated business incomeUSD $ -991,122
Program Service Revenue from prior yearUSD $ 277,637,959
Program Service Revenue from current yearUSD $ 293,261,579
Investment Income from prior yearUSD $ 2,691,656
Investment Income from current yearUSD $ 3,436,288
Other Revenue from prior yearUSD $ 261,849
Other Revenue from current yearUSD $ -1,575,226
Gross receipts from all sourcesUSD $ 359,661,325
Net assets / fund balances at end of fiscal yearUSD $ 598,156,618
Net assets / fund balances at beginning of fiscal yearUSD $ 566,882,445
Total liabilities at end of fiscal yearUSD $ 357,663,356
Total liabilities at beginning of fiscal yearUSD $ 305,954,138
Total assets at end of fiscal yearUSD $ 955,819,974
Total assets at beginning of fiscal yearUSD $ 872,836,583
Revenues less expenses for current yearUSD $ 39,814,499
Revenues less expenses for previous yearUSD $ 4,509,166
Total expenses for current yearUSD $ 316,692,625
Total expenses for previous yearUSD $ 307,534,991
Other expenses in current yearUSD $ 97,481,436
Other expenses in previous yearUSD $ 93,444,017
Total fundraising expenses in current yearUSD $ 5,581,969
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 135,781,663
Employee salary and benefits paid in previous yearUSD $ 130,999,139
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 $ 83,429,526
Grants and similar amounts paid in previous yearUSD $ 83,091,835
Total revenue in current fiscal yearUSD $ 356,507,124
Total revenue in previous fiscal yearUSD $ 312,044,157
Contributions and grants from current yearUSD $ 61,384,483
Contributions and grants from previous yearUSD $ 31,452,693
Total of other revenueUSD $ -1,635,894
2015-06-30
Total unrelated business incomeUSD $ -634,598
Net unrelated business incomeUSD $ -820,284
Program Service Revenue from prior yearUSD $ 256,560,600
Program Service Revenue from current yearUSD $ 277,637,959
Investment Income from prior yearUSD $ 2,799,624
Investment Income from current yearUSD $ 2,691,656
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 261,849
Gross receipts from all sourcesUSD $ 315,331,517
Net assets / fund balances at end of fiscal yearUSD $ 566,882,445
Net assets / fund balances at beginning of fiscal yearUSD $ 562,748,850
Total liabilities at end of fiscal yearUSD $ 305,954,138
Total liabilities at beginning of fiscal yearUSD $ 300,786,517
Total assets at end of fiscal yearUSD $ 872,836,583
Total assets at beginning of fiscal yearUSD $ 863,535,367
Revenues less expenses for current yearUSD $ 4,509,166
Revenues less expenses for previous yearUSD $ -4,332,207
Total expenses for current yearUSD $ 307,534,991
Total expenses for previous yearUSD $ 282,285,181
Other expenses in current yearUSD $ 93,444,017
Other expenses in previous yearUSD $ 88,471,751
Total fundraising expenses in current yearUSD $ 5,215,498
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 130,999,139
Employee salary and benefits paid in previous yearUSD $ 122,211,574
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 $ 83,091,835
Grants and similar amounts paid in previous yearUSD $ 71,601,856
Total revenue in current fiscal yearUSD $ 312,044,157
Total revenue in previous fiscal yearUSD $ 277,952,974
Contributions and grants from current yearUSD $ 31,452,693
Contributions and grants from previous yearUSD $ 18,592,750
Total of other revenueUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 042121659

USA Mailing Address
100 INSTITUTE ROAD
WORCESTER
MA
01609
Date first seen: 2007-07-01
Date last seen: 2024-06-30
USA Location Address
100 INSTITUTE ROAD
WORCESTER
MA
01609
Date first seen: 2007-07-01
Date last seen: 2024-06-30

Nearby companies/organizations

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

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