BROAD INSTITUTE INC

CAMBRIDGE, MA, 02142-1027 (617) 714-7729 Est. 2008 EIN 26-3428781
H20— Medical Research Form 990 501(c)(3)
WWW.BROADINSTITUTE.ORG

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.

Giving Portfolio

Total Grants
461
Total Giving
$332.3M
Recipients
371
Years Active
2017 - 2022
Avg grant: $691,503 Median: $168,730

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2022178$147.0M $826K1376
202176$47.9M $630K1362
202082$52.4M $638K1864
201967$45.0M $671K2641
201758$40.1M $692K580

Sectors Funded

Education
113
Health Care
86
Medical Research
52
Mental Health & Crisis Intervention
11
Diseases & Disorders
11
Recreation & Sports
5
Science & Technology
5
Youth Development
5
and 8 more sectors

Top States

Massachusetts
130
California
69
New York
36
Pennsylvania
19
Illinois
19
Virginia
18
Maryland
16
North Carolina
15
and 23 more states

Grantee Size Profile

Over $50M
228
$10M - $50M
17
$100K - $500K
11
$1M - $5M
8
$5M - $10M
2

Top Grantees

$11.5M
COLOR GENOMICS INC
CA - 2 grants
$10.6M
and 15 more grantees

Grants Awarded · 337 grants

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Financials

Total Revenue
$860,350,571
Total Expenses
$730,483,898
Net Assets
$2,037,645,809
2,729 employees 28 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
2.8 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 18.1%
Expenses ↓ 11.6%
Revenue Sources
Contributions 80.7% Earned revenue 9.4% Investment 6.0% Other 4.0%
Expense Breakdown
Program 79.3% Management 20.2% Fundraising 0.5%

Officers & Trustees (31)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2022 Form 990$860,350,571 $730,483,898$2,037,645,809
2022 Form 990$860,350,571 $730,483,898$2,037,645,809
2021 Form 990$1,051,116,110 $826,345,984$1,959,425,465
2020 Form 990$1,335,739,561 $861,969,125$1,815,628,532
2019 Form 990$586,860,976 $521,492,487$1,061,070,514
2017 Form 990$447,333,733 $469,025,486$933,366,296

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EIN: 26-3428781 · Source: IRS Form 990 e-file data