EIN 26-3428781

The Broad Institute

IRS 501(c) type
501(c)(3)
Num. employees
2,144
Year formed
2008
Most recent tax filings
2020-06-01
Description
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. The Institute's mission is to propel progress in biomedicine through research aimed at The understanding and treatment of disease, and The dissemination of scientific knowledge for The public good.
Total revenues
$586,860,976
2020
Total expenses
$521,492,487
2020
Total assets
$1,666,576,375
2020
Num. employees
2,144
2020

Grants made by The Broad Institute

GranteeGrant descriptionAmount
Harvard UniversityProgram Support$11,029,124
Massachusetts General HospitalProgram Support$7,159,601
Massachusetts Institute of Technology (MIT)Program Support$4,257,862
...and 48 more grants made totalling $40,276,155

Who funds The Broad Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Eli and Edythe Broad FoundationSci & Med Research - To Support Biomedical and Genomic Research$110,000,000
Stanley Fund for the Broad InstituteTo Provide Support for the Organization.$53,000,000
Schwab Charitable FundHealth$33,800,000
...and 71 more grants received totalling $266,726,659
Federal funding details
Federal agencyProgram nameAmount
Department of Health and Human ServicesHUMAN GENOME RESEARCH$21,840,969
Department of Health and Human ServicesNIH NATIONAL HEART, LUNG, AND BLOOD INSTITUTE$9,717,372
Department of Health and Human ServicesHUMAN GENOME RESEARCH$6,051,591
...and 303 more federal grants / contracts

Personnel at The Broad Institute

NameTitleCompensation
Eric LanderPresident and Director / Director , President and Chief Executive Officer$1,927,352
Jesse SouweineChief Operating Officer$478,149
Dan ShoreChief Financial Officer$200,869
John TraviaSr.advisor Chief Financial Officer and Assistant Treasurer / Sr.dir.fin.ops and Assistant Treasurer$276,882
Justine Levin-AllerhandChief Development Officer and Chief External Relations Officer$580,026
...and 11 more key personnel

Financials for The Broad Institute

RevenuesFYE 06/2020
Total grants, contributions, etc.$496,219,162
Program services$51,175,873
Investment income and dividends$4,476,398
Tax-exempt bond proceeds$0
Royalty revenue$20,181,082
Net rental income$82,254
Net gain from sale of non-inventory assets$14,726,207
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$586,860,976

Form 990s for The Broad Institute

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-18990View PDF
2019-062020-09-29990View PDF
2018-062019-06-19990View PDF
2017-062018-11-15990View PDF
2016-062017-09-26990View PDF
...and 6 more Form 990s
Data update history
August 3, 2022
Received grants
Identified 8 new grant, including a grant for $5,000,000 from Food Allergy Research and Education
September 24, 2021
Received grants
Identified 51 new grant, including a grant for $110,000,000 from The Eli and Edythe Broad Foundation
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
August 1, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 27, 2021
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Political advocacyConducts researchLobbyingOperates internationallyReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
415 Main St
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
broadinstitute.org/ 
Phone
(617) 714-7563
Facebook page
broadinstitute 
Twitter profile
@broadinstitute 
IRS details
EIN
26-3428781
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Central organization
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