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Filing year 2023

WORCESTER POLYTECHNIC INSTITUTE

Worcester, Massachusetts·EIN 04-2121659·501(c)(3)
Total revenue
$490.8M
Total assets
$1.3B
Total expenses
$505.3M
Reported officers
38
Mission

THE UNIVERSITY EDUCATES TALENTED MEN AND WOMEN IN ENGINEERING, SCIENCE, MANAGEMENT, AND HUMANITIES IN PREPARATION FOR CAREERS OF PROFESSIONAL PRACTICE, CIVIC CONTRIBUTION, AND LEADERSHIP, FACILITATED BY ACTIVE LIFELONG LEARNING. (CONT. ON SCH O) THIS EDUCATIONAL PROCESS IS TRUE TO THE FOUNDERS' DIRECTIVE TO CREATE, TO DISCOVER, AND TO CONVEY KNOWLEDGE AT THE FRONTIERS OF ACADEMIC INQUIRY FOR THE BETTERMENT OF SOCIETY. KNOWLEDGE IS CREATED AND DISCOVERED IN THE SCHOLARLY ACTIVITIES OF FACULTY AND STUDENTS RANGING ACROSS EDUCATIONAL METHODOLOGY, PROFESSIONAL PRACTICE, AND BASIC RESEARCH. KNOWLEDGE IS CONVEYED THROUGH SCHOLARLY PUBLICATION AND INSTRUCTION. (HTTP://WWW.WPI.EDU/ABOUT/MISSION.HTML)

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$895k
$999k
Base
$622k
Bonus
$166k
Other
$20k
Benefits
$45k
Treasurer, Executive VP & CFO
Above 90th percentile
$631k
$704k
Base
$426k
Bonus
$147k
Other
$4k
Benefits
$22k
Provost (thru 09/2023)
Key Employee
Above 90th percentile
$612k
$683k
Base
$450k
Bonus
$4k
Other
$86k
Benefits
$41k
Secretary & General Counsel
Secretary (Operational)
Above 90th percentile
$610k
$681k
Base
$430k
Bonus
$143k
Other
$2k
Benefits
$4k
SVP Talent & Inclusion, Cdo
Above 90th percentile
$588k
$657k
Base
$403k
Bonus
$139k
Other
$2k
Benefits
$14k
VP Student Affairs
Board Vice President
Above 90th percentile
$586k
$655k
Base
$354k
Bonus
$188k
Other
$2k
Benefits
$11k
VP University Advancement
Board Vice President
Above 90th percentile
$503k
$561k
Base
$352k
Bonus
$107k
Other
$2k
Benefits
$10k
Dean of Arts & Sciences
Highest Compensated Employee
Above 90th percentile
$439k
$490k
Base
$359k
Bonus
$18k
Other
$4k
Benefits
$26k
Dean of Engineering
Highest Compensated Employee
Above 90th percentile
$425k
$475k
Base
$347k
Bonus
$18k
Other
$2k
Benefits
$27k
Mechanical & Materials Eng Professor
Highest Compensated Employee
Above 90th percentile
$412k
$460k
Base
$351k
Bonus
Other
$4k
Benefits
$26k
Dean Ug Stud/int Prov (as of 10/23)
Key Employee
75th to 90th percentile
$383k
$428k
Base
$310k
Bonus
$30k
Other
$2k
Benefits
$11k
Avp, Chief of Staff & Dep. Secr.
Officer (Unspecified)
$267k
$298k
Base
$169k
Bonus
$59k
Other
$300
Benefits
$22k
Chemistry Professor
Former Officer/director/trustee
75th to 90th percentile
$232k
$259k
Base
$199k
Bonus
Other
$2k
Benefits
$11k
Assoc Treas. & Controller
Controller
75th to 90th percentile
$205k
$229k
Base
$164k
Bonus
Other
$300
Benefits
$24k

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.

Plus 24 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

$50k

Down 26%
from 2022

From $1.2M in 2022 to $895k in 2023.

$1.2M
2022
$895k
2023
In today's dollarsEst.
Down 28% in real terms$1.4M to $999k

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

Chief Executive Officer pay rose 69% from 2022 to 2023, while revenue rose 6%.

$529k in 2022 to $895k in 2023.
  • Key Employee pay rose 72% from 2022 to 2023.
  • Secretary (Operational) pay rose 1% 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

WORCESTER POLYTECHNIC INSTITUTE reported revenue and expenses across 2 filing years.

RevenueExpenses
$462.7M
$483M
2022
$490.8M
$505.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WORCESTER POLYTECHNIC INSTITUTE

What does the Chief Executive Officer of WORCESTER POLYTECHNIC INSTITUTE earn?

In 2023, the Chief Executive Officer of WORCESTER POLYTECHNIC INSTITUTE received $894,784 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WORCESTER POLYTECHNIC INSTITUTE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WORCESTER POLYTECHNIC INSTITUTE falls in the top 10%.

What are WORCESTER POLYTECHNIC INSTITUTE's revenue and expenses?

In 2023, WORCESTER POLYTECHNIC INSTITUTE reported $490.8M in total revenue and $505.3M in total expenses on its IRS Form 990.

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