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Filing year 2023

Carnegie Mellon University

Pittsburgh, Pennsylvania·EIN 25-0969449·3
Total revenue
$2B
Total assets
$7.2B
Total expenses
$1.8B
Reported officers
64
Mission

TO CREATE A TRANSFORMATIVE EDUCATIONAL EXPERIENCE FOR STUDENTS FOCUSED ON DEEP DISCIPLINARY KNOWLEDGE; PROBLEM SOLVING; LEADERSHIP, COMMUNICATION, AND INTERPERSONAL SKILLS; AND PERSONAL HEALTH AND WELL-BEING. TO CULTIVATE A TRANSFORMATIVE UNIVERSITY COMMUNITY COMMITTED TO (A) ATTRACTING AND RETAINING DIVERSE, WORLD-CLASS TALENT; (B) CREATING A COLLABORATIVE ENVIRONMENT OPEN TO THE FREE EXCHANGE OF IDEAS, WHERE RESEARCH, CREATIVITY, INNOVATION, AND ENTREPRENEURSHIP CAN FLOURISH; AND (C) ENSURING INDIVIDUALS CAN ACHIEVE THEIR FULL POTENTIAL. TO IMPACT SOCIETY IN A TRANSFORMATIVE WAY - REGIONALLY, NATIONALLY, AND GLOBALLY - BY ENGAGING WITH PARTNERS OUTSIDE THE TRADITIONAL BORDERS OF THE UNIVERSITY CAMPUS.

Executive compensation, broken down

Form 990 · Schedule J · 26 reported individuals · Filing year 2023

President/ex-officio Trustee
board member
$2.7M
$3M
Base
$1.3M
Bonus
$400k
Other
$775k
Benefits
$159k
Chief Investment Officer
officer (unspecified)
$2.4M
$2.6M
Base
$525k
Bonus
$885k
Other
$48k
Benefits
$34k
Trustee(pres/ceo,dietrich Fdn)
board member
$1.3M
$1.4M
Dean, Qatar Campus
highest compensated employee
$1.1M
$1.2M
Base
$470k
Bonus
Other
$476k
Benefits
$97k
V.p. for Univ. Adv.(exit 5/24)
officer (unspecified)
$888k
$992k
Base
$604k
Bonus
$200k
Other
$43k
Benefits
$15k
Provost & Cao
officer (unspecified)
$859k
$959k
Base
$684k
Bonus
$50k
Other
$66k
Benefits
$32k
Vp/gen. Coun & Sec. of the Cor
officer (unspecified)
$848k
$946k
Base
$685k
Bonus
$35k
Other
$76k
Benefits
$26k
Prof.& Dean, Tepper Sch.of Bus
highest compensated employee
$768k
$857k
Base
$660k
Bonus
Other
$46k
Benefits
$29k
Jc Warner Univ. Prof. of Nat.
highest compensated employee
$731k
$816k
Base
$633k
Bonus
Other
$47k
Benefits
$18k
Director & Ceo, Sei
$712k
$795k
Base
$630k
Bonus
Other
$46k
Benefits
$11k
V.p. for Operations
officer (unspecified)
$634k
$708k
Base
$512k
Bonus
$25k
Other
$25k
Benefits
$46k
Prof, Heinz College of Info Sy
highest compensated employee
$622k
$695k
Base
$159k
Bonus
Other
$423k
Benefits
$23k
Prof. & Dean, Sch of Comp Scie
key employee
$615k
$687k
Base
$522k
Bonus
Other
$32k
Benefits
$29k
V.p. for Research
officer (unspecified)
$598k
$667k
Base
$438k
Bonus
$10k
Other
$27k
Benefits
$96k
Prof. & Dean, College of Engin
key employee
$587k
$655k
Base
$532k
Bonus
Other
$16k
Benefits
$6k
V.p. of Finance & CFO
$568k
$634k
Base
$435k
Bonus
$15k
Other
$35k
Benefits
$56k
VP for Info Tech & Chief Info
vice president
$563k
$628k
Base
$380k
Bonus
$15k
Other
$48k
Benefits
$93k
Former Officer
former officer/director/trustee
$530k
$592k
Base
$142k
Bonus
Other
$328k
Benefits
$44k
Former Ke/professor
former officer/director/trustee
$484k
$540k
Base
$332k
Bonus
Other
$61k
Benefits
$64k
VP for Stud Aff & Dean of Stud
vice president
$480k
$536k
Base
$374k
Bonus
$15k
Other
$32k
Benefits
$33k
Ex-officio Trustee/professor
board member
$441k
$493k
Base
$349k
Bonus
Other
$43k
Benefits
$21k
Int VP for Univ Adv(as of 6/24
vice president
$439k
$490k
Base
$346k
Bonus
$10k
Other
$24k
Benefits
$32k
Former Ke/professor
former officer/director/trustee
$411k
$459k
Base
$327k
Bonus
Other
$39k
Benefits
$20k
Assistant Treasurer
$336k
$375k
Base
$304k
Bonus
Other
$4k
Benefits
$3k
$329k
$367k
Base
$277k
Bonus
Other
$2k
Benefits
$27k
Assistant Sec. of the Corp.
officer (unspecified)
$184k
$206k
Base
$139k
Bonus
$3k
Other
$2k
Benefits
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 38 unpaid individuals.

Up 23%
from 2022

From $2.2M in 2022 to $2.7M in 2023.

$2.2M
2022
$2.7M
2023
In today's dollarsEst.
Up 19% in real terms$2.5M to $3M

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Carnegie Mellon University reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9B
$1.6B
2022
$2B
$1.8B
2023
Total revenue and total expenses from IRS Form 990 filings.
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