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Filing year 2024

THE FRANKLIN INSTITUTE

Philadelphia, Pennsylvania·EIN 23-1370501·NTEE A25 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$51.2M
Total assets
$226.4M
Total expenses
$34.6M
Reported officers
70
Mission

IN THE SPIRIT OF INQUIRY AND DISCOVERY EMBODIED BY BENJAMIN FRANKLIN, THE MISSION OF THE FRANKLIN INSTITUTE IS TO INSPIRE A PASSION FOR LEARNING ABOUT SCIENCE AND TECHNOLOGY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

President & CEO
Above 90th percentilevs Arts, Culture & Humanities peers in Pennsylvania
$1.1M
$1.1M
Base
$694k
Bonus
$289k
Other
$15k
Benefits
$37k
SVP of Science & Education & HR
Senior Vice President
75th to 90th percentile
$341k
$367k
Base
$270k
Bonus
$41k
Other
$2k
Benefits
$13k
Chief Experience & Strategy Officer
Key Employee
Above 90th percentile
$326k
$350k
Base
$245k
Bonus
$49k
Other
$2k
Benefits
$13k
VP External Affairs
Vice President
Above 90th percentile
$323k
$348k
Base
$225k
Bonus
$46k
Other
$2k
Benefits
$34k
VP of Business Operations
Board Vice President
75th to 90th percentile
$261k
$281k
Base
$185k
Bonus
$28k
Other
$2k
Benefits
$33k
VP Mkt Comm. & Digital MED
Vice President
Above 90th percentile
$254k
$274k
Base
$204k
Bonus
$21k
Other
$2k
Benefits
$13k
VP of Operations
Board Vice President
75th to 90th percentile
$242k
$260k
Base
$165k
Bonus
$29k
Other
$2k
Benefits
$33k
Director of IT
Chief Information Officer
75th to 90th percentile
$208k
$223k
Base
$158k
Bonus
$5k
Other
$774
Benefits
$32k
VP of Finance
Vice President
75th to 90th percentile
$204k
$219k
Base
$163k
Bonus
$25k
Other
$1k
Benefits
$2k
Director of Finance
75th to 90th percentilevs Arts, Culture & Humanities peers in Pennsylvania
$176k
$189k
Base
$139k
Bonus
$7k
Other
$414
Benefits
$21k
Chief Astronomer
Highest Compensated Employee
Median to 75th percentilevs Arts, Culture & Humanities peers in Pennsylvania
$174k
$187k
Base
$133k
Bonus
$4k
Other
$2k
Benefits
$26k
Director of Institutional Giving
Highest Compensated Employee
Median to 75th percentilevs Arts, Culture & Humanities peers in Pennsylvania
$171k
$184k
Base
$133k
Bonus
$7k
Other
$162
Benefits
$20k
Director of Marketing
Director (Operational)
Above 90th percentilevs Arts, Culture & Humanities peers in Pennsylvania
$167k
$180k
Base
$126k
Bonus
$4k
Other
$162
Benefits
$27k
Dir of Media Relations & Communications
Highest Compensated Employee
25th percentile to medianvs Arts, Culture & Humanities peers in Pennsylvania
$140k
$151k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 56 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE FRANKLIN INSTITUTE equaled 3% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
3%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities 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 19%
from 2023

From $897k in 2023 to $1.1M in 2024.

$897k
2023
$1.1M
2024
In today's dollarsEst.
Up 14% in real terms$1M to $1.1M

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 19% from 2023 to 2024, while revenue rose 29%.

$897k in 2023 to $1.1M in 2024.
  • Senior Vice President pay rose 6% from 2023 to 2024.
  • Key Employee pay rose 5% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE FRANKLIN INSTITUTE

What does the Chief Executive Officer of THE FRANKLIN INSTITUTE earn?

In 2024, the Chief Executive Officer of THE FRANKLIN INSTITUTE received $1,063,589 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE FRANKLIN INSTITUTE compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Pennsylvania, the 2024 pay of the Chief Executive Officer at THE FRANKLIN INSTITUTE falls in the top 10%. In 2024, the highest total compensation at THE FRANKLIN INSTITUTE equaled 3% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are THE FRANKLIN INSTITUTE's revenue and expenses?

In 2024, THE FRANKLIN INSTITUTE reported $51.2M in total revenue and $34.6M in total expenses on its IRS Form 990.

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