Skip to main content
Filing year 2023

The Rand Corporation

Santa Monica, California·EIN 95-1958142·NTEE W050 · Public & Societal Benefit·501(c)(3)
Total revenue
$461.5M
Total assets
$743.9M
Total expenses
$449M
Reported officers
35
Mission

HELP IMPROVE POLICY AND DECISION MAKING THROUGH RESEARCH AND ANALYSIS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 25 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President and CEO
Above 90th percentilevs Public & Societal Benefit peers in California
$1.1M
$1.2M
Base
$636k
Bonus
$354k
Other
$53k
Benefits
$10k
Svp, Research and Analysis
Senior Vice President
Above 90th percentile
$698k
$764k
Base
$455k
Bonus
$176k
Other
$11k
Benefits
$19k
Svp, Finance & Operations
Senior Vice President
75th to 90th percentile
$648k
$709k
Base
$399k
Bonus
$162k
Other
$9k
Benefits
$39k
Vp, Chief Financial Officer
Above 90th percentile
$535k
$585k
Base
$386k
Bonus
$70k
Other
$12k
Benefits
$28k
Vp, General Cnsl & Corp Sec
Vice President
Above 90th percentile
$524k
$574k
Base
$368k
Bonus
$73k
Other
$7k
Benefits
$39k
Dean, Pardee Rand Graduate School
Officer (Unspecified)
$524k
$573k
Base
$385k
Bonus
$76k
Other
$10k
Benefits
$14k
Vp, Hsrd
Board Vice President
Above 90th percentile
$515k
$564k
Base
$363k
Bonus
$82k
Other
$8k
Benefits
$24k
Vp, Office of External Affairs
Board Vice President
Above 90th percentile
$502k
$549k
Base
$277k
Bonus
$51k
Other
$98k
Benefits
$37k
Vp, CIO
Chief Information Officer
75th to 90th percentile
$500k
$547k
Base
$374k
Bonus
$44k
Other
$7k
Benefits
$37k
Vp, Health Care
Board Vice President
Above 90th percentile
$487k
$533k
Base
$338k
Bonus
$66k
Other
$7k
Benefits
$38k
Vp, Sew
Board Vice President
Above 90th percentile
$473k
$518k
Base
$339k
Bonus
$76k
Other
$7k
Benefits
$13k
Vp, Chief Human Resources Officer
Board Vice President
Above 90th percentile
$399k
$436k
Base
$272k
Bonus
$60k
Other
$6k
Benefits
$22k
Former Officer
Former Officer/director/trustee
75th to 90th percentile
$369k
$404k
Base
$176k
Bonus
$58k
Other
$66k
Benefits
$42k
Former Pres & CEO
Former Officer/director/trustee
Median to 75th percentile
$257k
$281k
Base
$20k
Bonus
Other
$236k
Benefits
$735
Trustee
Board Member
25th percentile to median
$6k
$7k
Trustee
Board Member
10th to 25th percentile
$4k
$5k
Trustee
Board Member
10th to 25th percentile
$4k
$5k
Trustee (part Year)
Board Member
10th to 25th percentile
$4k
$4k
Trustee
Board Member
10th to 25th percentile
$3k
$3k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee (part Year)
Board Member
Below 10th percentile
$1k
$2k

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 10 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Rand Corporation equaled 0.2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2023)
0.2%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit 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 7%
from 2022

From $1M in 2022 to $1.1M in 2023.

$1M
2022
$1.1M
2023
In today's dollarsEst.
Up 2% in real terms$1.2M to $1.2M

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

Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue fell 1%.

$1M in 2022 to $1.1M in 2023.
  • Senior Vice President pay rose 20% from 2022 to 2023.
  • Chief Financial Officer pay rose 12% 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.

Among peers

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

FAQ

Common questions about The Rand Corporation

What does the Chief Executive Officer of The Rand Corporation earn?

In 2023, the Chief Executive Officer of The Rand Corporation received $1,113,019 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Rand Corporation compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations in California, the 2023 pay of the Chief Executive Officer at The Rand Corporation falls in the top 10%. In 2023, the highest total compensation at The Rand Corporation equaled 0.2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are The Rand Corporation's revenue and expenses?

In 2023, The Rand Corporation reported $461.5M in total revenue and $449M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.