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Filing year 2023

The Broad Institute Inc

Cambridge, Massachusetts·EIN 26-3428781·NTEE H20 · Medical Research·501(c)(3)
Total revenue
$831.1M
Total assets
$2.9B
Total expenses
$752.5M
Reported officers
30
Mission

THE MISSION OF THE BROAD INSTITUTE IS TO PROPEL PROGRESS IN BIOMEDICINE, THROUGH RESEARCH AIMED AT THE UNDERSTANDING AND TREATMENT OF DISEASE AND THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE TO THE SCIENTIFIC COMMUNITY TO BENEFIT THE PUBLIC.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.

Institute Director
Officer (Unspecified)
$947k
$1M
Base
$868k
Bonus
Other
$23k
Benefits
$30k
Evp, Platforms and Scientific Execution
Executive Vice President
Above 90th percentilevs all sectors nationwide
$723k
$797k
Base
$563k
Bonus
$85k
Other
$25k
Benefits
$24k
Core Institute Member (beg 2/23)
Highest Compensated Employee
Above 90th percentile
$668k
$736k
Base
$615k
Bonus
Other
$7k
Benefits
$20k
Core Institute Member
Highest Compensated Employee
Above 90th percentile
$658k
$724k
Base
$344k
Bonus
$2k
Other
$252k
Benefits
$34k
Director, Ewsc Operations (until 6/23)
Above 90th percentile
$565k
$623k
Base
$156k
Bonus
Other
$393k
Benefits
$11k
Chief Operating Officer/treasurer (until 6/24)
Above 90th percentile
$544k
$599k
Base
$466k
Bonus
Other
$19k
Benefits
$32k
Chief Business Officer
Highest Compensated Employee
Above 90th percentile
$496k
$547k
Base
$435k
Bonus
Other
$4k
Benefits
$31k
Chief Development Officer
Above 90th percentile
$488k
$537k
Base
$407k
Bonus
Other
$24k
Benefits
$30k
Chief Operating Officer (until 9/23)
75th to 90th percentile
$451k
$497k
Base
$388k
Bonus
Other
$22k
Benefits
$24k
Chief Financial Officer/treasurer (beg 6/24)
75th to 90th percentile
$350k
$386k
Base
$311k
Bonus
Other
$339
Benefits
$33k
Senior Advisor to the Cfo/assistant Treasurer
75th to 90th percentile
$311k
$343k
Base
$258k
Bonus
Other
$23k
Benefits
$7k
Senior Counsel/clerk
Officer (Unspecified)
$291k
$320k
Base
$247k
Bonus
Other
$2k
Benefits
$22k
Bod Admin/assistant Clerk
Officer (Unspecified)
$218k
$240k
Base
$169k
Bonus
Other
$978
Benefits
$34k

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 17 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Broad Institute Inc equaled 0.1% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2023)
0.1%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research 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 8%
from 2022

From $875k in 2022 to $947k in 2023.

$875k
2022
$947k
2023
In today's dollarsEst.
Up 4% in real terms$999k to $1M

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.

Pay for the position

Highest Compensated Employee pay rose 3% from 2022 to 2023, while revenue fell 3%.

$649k in 2022 to $668k in 2023.
  • Chief Operating Officer pay fell 15% from 2022 to 2023.
  • Chief Financial Officer pay rose 9% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

The Broad Institute Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$860.4M
$730.5M
2022
$831.1M
$752.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Medical Research executives earn in Massachusetts

Comparable medical research organizations in Massachusetts pay their highest-earning executive a median of $183,768.

25th percentile
$102k
Median
$183,768
75th percentile
$307k
90th percentile
$481k

These are medical research sector-wide figures, not this organization's reported pay. Based on 74 organizations across 74 filings (2022 – 2024).

See full Medical Research pay data for Massachusetts
FAQ

Common questions about The Broad Institute Inc

What does the Executive Vice President of The Broad Institute Inc earn?

In 2023, the Executive Vice President of The Broad Institute Inc received $723,282 in total compensation. This pay is in the top 10% for Executive Vice President roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Executive Vice President pay at The Broad Institute Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Executive Vice President at The Broad Institute Inc falls in the top 10%. In 2023, the highest total compensation at The Broad Institute Inc equaled 0.1% of the organization's total expenses. The median for medical research organizations is 10%.

What are The Broad Institute Inc's revenue and expenses?

In 2023, The Broad Institute Inc reported $831.1M in total revenue and $752.5M in total expenses on its IRS Form 990.

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