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Filing year 2023

The Lowell Institute

Boston, Massachusetts·EIN 04-2105771·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.1M
Total assets
$48.9M
Total expenses
$2.5M
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

Trustee
Board Member
Above 90th percentile
$83k
$93k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Lowell Institute equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$2.3M

Itemized grants

16

Median grant

$73k

RecipientLocationPurposeAmount
Northeastern UniversityBoston, MAGeneral Purpose$657k
New England AquariumBoston, MAGeneral Purpose$452k
Museum of ScienceBoston, MAGeneral Purpose$299k
WGBHBoston, MAGeneral Purpose$250k
Harvard University Extension SchoolCambridge, MAGeneral Purpose$100k
WorldBoston IncBoston, MAGeneral Purpose$92k
John F Kennedy Library FoundationBoston, MAGeneral Purpose$90k
Boston CollegeChestnut Hill, MAGeneral Purpose$75k
Revolutionary Spaces IncBoston, MAGeneral Purpose$72k
Cambridge ForumCambridge, MAGeneral Purpose$60k
Boston Public Library FundBoston, MAGeneral Purpose$50k
Peabody Essex MuseumSalem, MAGeneral Purpose$40k
Ford Hall Forum at Suffolk UniversityBoston, MAGeneral Purpose$29k
Boston UniversityBoston, MAGeneral Purpose$13k
Paul Revere Memorial AssociationBoston, MAGeneral Purpose$11k
Charles River MuseumWaltham, MAGeneral Purpose$10k
Compare this foundation's grantees

Up 7%
from 2022

From $77k in 2022 to $83k in 2023.

$77k
2022
$83k
2023
In today's dollarsEst.
Up 4% in real terms$89k to $93k

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.

Pay for the position

Board Member pay rose 7% from 2022 to 2023, while revenue rose 1046%.

$77k in 2022 to $83k in 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.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about The Lowell Institute

What does the Board Member of The Lowell Institute earn?

In 2023, the Board Member of The Lowell Institute received $83,144 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at The Lowell Institute compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2023 pay of the Board Member at The Lowell Institute falls in the top 10%. In 2023, the highest total compensation at The Lowell Institute equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Lowell Institute's revenue and expenses?

In 2023, The Lowell Institute reported $1.1M in total revenue and $2.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.