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Filing year 2024

KESTREL INSTITUTE

Palo Alto, California·EIN 94-2750021·3
Total revenue
$3.9M
Total assets
$4.6M
Total expenses
$3.4M
Reported officers
13
Mission

KESTREL INSTITUTE PERFORMS RESEARCH ON METHODS AND TOOLS FOR SOFTWARE ASSURANCE - USING MATHEMATICAL MODELS AND PROPERTIES OF ALGORITHMS AND DATA STRUCTURES TO ENSURE THAT SOFTWARE PERFORMS PREDICTABLY AND RELIABLY. OUR RESEARCH IS COMMUNICATED TO THE WIDER ACADEMIC COMMUNITY THROUGH JOURNALS, CONFERENCES AND TECHNICAL MEETINGS. OUR TOOLS ARE USED BY U.S. AND INTERNATIONAL UNIVERSITIES. WE OCCASIONALLY HOST STUDENTS FOR BRIEF PERIODS TO WORK ON PROJECTS ALIGNED WITH OUR RESEARCH INTERESTS.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Computer Scientist
Highest Compensated Employee
75th to 90th percentile
$330k
$352k
Base
$255k
Bonus
$32k
Other
$1k
Benefits
$38k
Chief Financial Officer &
Above 90th percentile
$275k
$293k
Base
$217k
Bonus
$29k
Other
$774
Benefits
$24k
Chief Executive Officer
75th to 90th percentile
$263k
$280k
Base
$205k
Bonus
$40k
Other
$270
Benefits
$14k
Chief Computer Scientist
Key Employee
75th to 90th percentile
$261k
$278k
Base
$177k
Bonus
$29k
Other
$1k
Benefits
$51k
Computer Scientist
Highest Compensated Employee
Median to 75th percentile
$215k
$229k
Base
$159k
Bonus
$10k
Other
$12k
Benefits
$31k
Systems Manager
Highest Compensated Employee
Median to 75th percentile
$212k
$225k
Base
$163k
Bonus
$9k
Other
$1k
Benefits
$36k
Computer Scientist
Highest Compensated Employee
Median to 75th percentile
$166k
$177k
Base
$138k
Bonus
$15k
Other
$108
Benefits
$11k
Assoc Director, Corp Sec &
Director (Operational)
75th to 90th percentile
$163k
$173k
Base
$134k
Bonus
$23k
Other
$1k
Benefits
$2k
Executive Director & Chief
25th percentile to median
$70k
$74k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 4 unpaid individuals.

Down 10%
from 2023

From $366k in 2023 to $330k in 2024.

$366k
2023
$330k
2024
In today's dollarsEst.
Down 12% in real terms$401k to $352k

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

Pay for the position

Highest Compensated Employee pay held roughly steady from 2023 to 2024, while revenue fell 13%.

$331k in 2023 to $330k in 2024.
  • Chief Financial Officer pay fell 6% from 2023 to 2024.
  • Chief Executive Officer pay fell 28% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

KESTREL INSTITUTE reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.4M
$4.1M
2023
$3.9M
$3.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KESTREL INSTITUTE

What does the Highest Compensated Employee of KESTREL INSTITUTE earn?

In 2024, the Highest Compensated Employee of KESTREL INSTITUTE received $330,189 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at KESTREL INSTITUTE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at KESTREL INSTITUTE falls between the 75th and 90th percentiles.

What are KESTREL INSTITUTE's revenue and expenses?

In 2024, KESTREL INSTITUTE reported $3.9M in total revenue and $3.4M in total expenses on its IRS Form 990.

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