THE 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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.
- Base
- $941k
- Bonus
- $2.1M
- Other
- $62k
- Benefits
- $34k
- Base
- $316k
- Bonus
- $2.8M
- Other
- $34k
- Benefits
- $16k
- Base
- $1.3M
- Bonus
- —
- Other
- $970k
- Benefits
- $23k
- Base
- $491k
- Bonus
- $1.3M
- Other
- $18k
- Benefits
- $32k
- Base
- $465k
- Bonus
- $1.3M
- Other
- $16k
- Benefits
- $38k
- Base
- $321k
- Bonus
- $1.5M
- Other
- —
- Benefits
- $12k
- Base
- $1.5M
- Bonus
- —
- Other
- $55k
- Benefits
- $149k
- Base
- $937k
- Bonus
- —
- Other
- $51k
- Benefits
- $2k
- Base
- $837k
- Bonus
- —
- Other
- $46k
- Benefits
- $34k
- Base
- $763k
- Bonus
- —
- Other
- $41k
- Benefits
- $33k
- Base
- $287k
- Bonus
- —
- Other
- $505k
- Benefits
- $24k
- Base
- $746k
- Bonus
- $10k
- Other
- $40k
- Benefits
- $32k
- Base
- $612k
- Bonus
- —
- Other
- $37k
- Benefits
- $25k
- Base
- $641k
- Bonus
- —
- Other
- $31k
- Benefits
- $11k
- Base
- $545k
- Bonus
- —
- Other
- $23k
- Benefits
- $33k
- Base
- $562k
- Bonus
- —
- Other
- $23k
- Benefits
- $24k
- Base
- $537k
- Bonus
- —
- Other
- $20k
- Benefits
- $24k
- Base
- $450k
- Bonus
- —
- Other
- $13k
- Benefits
- $33k
- Base
- $331k
- Bonus
- —
- Other
- $3k
- Benefits
- $37k
- Base
- $202k
- Bonus
- —
- Other
- —
- Benefits
- $39k
- Base
- $25k
- Bonus
- —
- Other
- —
- Benefits
- $37
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President of Mitimco Key Employee Above 90th percentile | $941k | $2.1M | $62k | $34k | $3.7M $4.1M |
Senior Vp, Mitimco Senior Vice President Above 90th percentilevs Education peers nationwide | $316k | $2.8M | $34k | $16k | $3.2M $3.5M |
Professor (former President) Highest Compensated Employee Above 90th percentile | $1.3M | — | $970k | $23k | $2.7M $2.9M |
Global Investment Professional, Mitimco Highest Compensated Employee Above 90th percentile | $491k | $1.3M | $18k | $32k | $2.4M $2.6M |
Global Investment Professional, Mitimco Highest Compensated Employee Above 90th percentile | $465k | $1.3M | $16k | $38k | $2.4M $2.6M |
Global Investment Professional, Mitimco Highest Compensated Employee Above 90th percentile | $321k | $1.5M | — | $12k | $2.3M $2.5M |
President Above 90th percentile | $1.5M | — | $55k | $149k | $1.8M $2M |
Provost Key Employee Above 90th percentile | $937k | — | $51k | $2k | $1M $1.1M |
Executive VP and Treasurer Executive Vice President Above 90th percentilevs Education peers nationwide | $837k | — | $46k | $34k | $956k $1.1M |
VP and General Counsel Board Vice President Above 90th percentile | $763k | — | $41k | $33k | $896k $987k |
VP and Secretary (outgoing) Vice President Above 90th percentile | $287k | — | $505k | $24k | $868k $956k |
Director of Lincoln Laboratory Key Employee Above 90th percentile | $746k | $10k | $40k | $32k | $845k $930k |
Chancellor Key Employee Above 90th percentile | $612k | — | $37k | $25k | $733k $807k |
VP for Resource Development Board Vice President Above 90th percentile | $641k | — | $31k | $11k | $722k $795k |
VP for Research (incoming) Board Vice President Above 90th percentile | $545k | — | $23k | $33k | $654k $720k |
VP for Research (outgoing) Board Vice President Above 90th percentile | $562k | — | $23k | $24k | $624k $688k |
Chancellor for Academic Advancement (former Interim VP for Open Learning) Board Vice President Above 90th percentile | $537k | — | $20k | $24k | $597k $658k |
VP for Communications Board Vice President Above 90th percentile | $450k | — | $13k | $33k | $538k $592k |
Ceo, Mit Alumni Association 75th to 90th percentile | $331k | — | $3k | $37k | $410k $452k |
Secretary (incoming) Secretary (Operational) 75th to 90th percentilevs Education peers nationwide | $202k | — | — | $39k | $263k $290k |
Former Chair of the Corporation Former Officer/director/trustee Below 10th percentile | $25k | — | — | $37 | $25k $28k |
Chair of the Corporation Board Chair 10th to 25th percentilevs Education peers nationwide | — | — | — | — | $8k $9k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Massachusetts Institute of Technology equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 21%
from 2022
From $3.1M in 2022 to $3.7M in 2023.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Key Employee pay rose 21% from 2022 to 2023, while revenue rose 18%.
- Senior Vice President pay rose 4% from 2022 to 2023.
- Highest Compensated Employee pay rose 8% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Massachusetts Institute of Technology
What does the Key Employee of Massachusetts Institute of Technology earn?
In 2023, the Key Employee of Massachusetts Institute of Technology received $3,748,314 in total compensation. This pay is in the top 10% for Key Employee roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Key Employee pay at Massachusetts Institute of Technology compare with similar nonprofits?
Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Key Employee at Massachusetts Institute of Technology falls in the top 10%. In 2023, the highest total compensation at Massachusetts Institute of Technology equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.
What are Massachusetts Institute of Technology's revenue and expenses?
In 2023, Massachusetts Institute of Technology reported $5.9B in total revenue and $5.2B in total expenses on its IRS Form 990.
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