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Nonprofit · EIN 04-2121659

WORCESTER POLYTECHNIC INSTITUTE

Tax-exempt · WORCESTER, MA 01609

Financials

$462.7M$483M2022$490.8M$505.3M2023$529.4M$539.3M2024
Revenue Expenses · by fiscal year end
Financials of WORCESTER POLYTECHNIC INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$529,428,994$539,287,317-$9,858,323$1,434,918,284$533,541,683$901,376,601
June 30, 2024990$490,769,899$505,318,915-$14,549,016$1,348,178,551$497,992,535$850,186,016
June 30, 2023990$462,672,181$483,023,410-$20,351,229$1,319,474,615$520,187,087$799,287,528
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$25,187,739
of which government grants
$1,985,000
Program service revenue
$490,295,589
Investment income
$12,697,778
Royalties
$1,108,240
Net gain from sales of assets
-$5,809
Other revenue
$1,247,888

Expenses

Grants and similar amounts paid
$169,125,759
Compensation of officers, directors and key employees
$4,137,635
Other salaries and wages
$163,767,451
Salaries, compensation and benefits (total)
$209,761,386
Professional fundraising fees
$61,533
Legal fees
$1,541,645
Accounting fees
$417,850
Occupancy
$11,729,164
Travel
$8,751,768
Depreciation
$38,277,845
Program services (functional)
$447,854,500
Management and general (functional)
$81,995,545
Fundraising (functional)
$9,437,272

Balance sheet and other

Total assets, start of year
$1,348,178,551
Total assets, end of year
$1,434,918,284
Total liabilities, end of year
$533,541,683
Net assets, end of year
$901,376,601
Land, buildings and equipment
$563,901,566
Publicly traded securities
$145,914,772
Net assets without donor restrictions
$389,598,990
Net assets with donor restrictions
$511,777,611
Gross unrelated business income
$9,348,758
Gross receipts
$536,998,693
Employees
4,536
Volunteers
522
Year formed
1865
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JINLIU WANGPRESIDENT
Trustee or director, Officer
40$995,961$126,856
MICHAEL HORANTREASURER, EXECUTIVE VP & CFO
Officer
40$589,073$55,294
LAUREN TURNERSVP TALENT & INCLUSION, CDO
Highest-paid employee
40$551,271$60,667
DAVID BUNISSEC. & GEN COUNSEL (THRU 01/2025)
Officer
40$552,517$36,619
DONNA STOCKVP UNIV ADV (THRU 02/2025)
Highest-paid employee
40$461,131$43,498
PHILIP CLAYVP STUDENT AFFAIRS
Key employee
40$456,071$45,285
BOGDAN VERNESCUVP & VICE PROV. RESEARCH & INNOV.
Highest-paid employee
40$378,752$47,366
JEAN KINGDEAN OF ARTS & SCIENCES
Highest-paid employee
40$364,864$59,379
VIJAY MENTAPRES. INFO. TECH. & CIO
Highest-paid employee
40$353,745$43,841
ARTHUR HEINRICHERINTERIM PROVOST (THRU 07/2024)
Key employee
40$309,939$42,502
KYLE SIEGELAVP, CHIEF OF STAFF & DEP. SECR.
Officer
40$228,255$39,671
ELIZABETH CLAPPASSOC TREAS. & CONTROLL (THRU 12/24)
Officer
40$193,879$58,409
ANDREW SEARSPROVOST (AS OF 08/2024)
Key employee
40$222,478$28,069
WILLIAM FITZGERALDCHAIR & TRUSTEE
Trustee or director, Officer
2$0$0
JOYCE KLINEVICE CHAIR & TRUSTEE
Trustee or director, Officer
2$0$0
26 more people on this return
NameTitleHours / weekCompensation
STEPHEN RUSCKOWSKIVICE CHAIR & TRUSTEE
Trustee or director, Officer
2$0
MICHAEL ASPINWALLTRUSTEE
Trustee or director
2$0
LORRAINE BOLSINGERTRUSTEE
Trustee or director
2$0
LINWOOD BRADFORDTRUSTEE
Trustee or director
2$0
MARNI HALLTRUSTEE
Trustee or director
2$0
ROBERT HARTTRUSTEE
Trustee or director
2$0
STUART KAZINTRUSTEE
Trustee or director
2$0
DAVID LAPRETRUSTEE
Trustee or director
2$0
CARLEEN MAITLANDTRUSTEE
Trustee or director
2$0
ERICA MASONTRUSTEE
Trustee or director
2$0
MAUREEN MCCAFFREYTRUSTEE
Trustee or director
2$0
NEIL MCDONOUGHTRUSTEE
Trustee or director
2$0
PATRICIA NEWCOMER-SMALLTRUSTEE
Trustee or director
2$0
GEORGE OLIVERTRUSTEE
Trustee or director
2$0
NATALIA PAVLOVATRUSTEE (AS OF 11/2024)
Trustee or director
2$0
ELIZABETH PHALENTRUSTEE
Trustee or director
2$0
JAMES F POLEWACZYKTRUSTEE (AS OF 11/2024)
Trustee or director
2$0
MARK RUSSELLTRUSTEE
Trustee or director
2$0
ELIZABETH SCHWEINSBERGTRUSTEE
Trustee or director
2$0
NAVJOT SINGHTRUSTEE
Trustee or director
2$0
CHARTSIRI SOPHONPANICHTRUSTEE (AS OF 05/2025)
Trustee or director
2$0
JOAN BOLDUC SZKUTAKTRUSTEE
Trustee or director
2$0
GREG TUCKERTRUSTEE (AS OF 05/2025)
Trustee or director
2$0
MYLES WALTONTRUSTEE
Trustee or director
2$0
JENNIFER WYSETRUSTEE
Trustee or director
2$0
MEGAN BELMORECONTROLLER & ASST TREAS (AS OF 4/25)
Officer
40$0
990 for the year ended June 30, 2024: 38 people
NameTitleHours / weekCompensationOther / benefits
JINLIU WANGPRESIDENT
Trustee or director, Officer
40$807,682$87,102
MICHAEL HORANTREASURER, EXECUTIVE VP & CFO
Officer
40$577,082$53,477
WINSTON SOBOYEJOPROVOST (THRU 09/2023)
Key employee
40$540,190$71,981
DAVID BUNISSECRETARY & GENERAL COUNSEL
Officer
40$574,842$35,243
LAUREN TURNERSVP TALENT & INCLUSION, CDO
Highest-paid employee
40$543,230$44,878
PHILIP CLAYVP STUDENT AFFAIRS
Key employee
40$544,346$41,890
DONNA STOCKVP UNIVERSITY ADVANCEMENT
Highest-paid employee
40$461,463$41,096
JEAN KINGDEAN OF ARTS & SCIENCES
Highest-paid employee
40$381,003$57,733
JOHN MCNEILDEAN OF ENGINEERING
Highest-paid employee
40$367,324$57,895
LEE MORADIMECHANICAL & MATERIALS ENG PROFESSOR
Highest-paid employee
40$354,271$57,733
ARTHUR HEINRICHERDEAN UG STUD/INT PROV (AS OF 10/23)
Key employee
40$342,374$40,532
KYLE SIEGELAVP, CHIEF OF STAFF & DEP. SECR.
Officer
40$228,456$38,817
BRUCE BURSTENCHEMISTRY PROFESSOR
Former
40$201,687$30,047
ELIZABETH CLAPPASSOC TREAS. & CONTROLLER
Officer
40$164,753$39,983
WILLIAM FITZGERALDCHAIR & TRUSTEE
Trustee or director, Officer
2$0$0
JOYCE KLINEVICE CHAIR & TRUSTEE
Trustee or director, Officer
2$0$0
STEPHEN RUSCKOWSKIVICE CHAIR & TRUSTEE
Trustee or director, Officer
2$0$0
MICHAEL ASPINWALLTRUSTEE
Trustee or director
2$0$0
LORRAINE BOLSINGERTRUSTEE
Trustee or director
2$0$0
LINWOOD BRADFORDTRUSTEE
Trustee or director
2$0$0
MARNI HALLTRUSTEE
Trustee or director
2$0$0
ROBERT HARTTRUSTEE
Trustee or director
2$0$0
STUART KAZINTRUSTEE
Trustee or director
2$0$0
DAVID LAPRETRUSTEE
Trustee or director
2$0$0
CARLEEN MAITLANDTRUSTEE
Trustee or director
2$0$0
ERICA MASONTRUSTEE
Trustee or director
2$0$0
MAUREEN MCCAFFREYTRUSTEE
Trustee or director
2$0$0
PAMELA MCCAULEYTRUSTEE (THRU 03/2024)
Trustee or director
2$0$0
NEIL MCDONOUGHTRUSTEE
Trustee or director
2$0$0
PATRICIA NEWCOMER-SMALLTRUSTEE
Trustee or director
2$0$0
GEORGE OLIVERTRUSTEE
Trustee or director
2$0$0
ELIZABETH PHALENTRUSTEE
Trustee or director
2$0$0
MARK RUSSELLTRUSTEE
Trustee or director
2$0$0
ELIZABETH SCHWEINSBERGTRUSTEE
Trustee or director
2$0$0
NAVJOT SINGHTRUSTEE
Trustee or director
2$0$0
JOAN BOLDUC SZKUTAKTRUSTEE
Trustee or director
2$0$0
MYLES WALTONTRUSTEE
Trustee or director
2$0$0
JENNIFER WYSETRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 47 people
NameTitleHours / weekCompensationOther / benefits
LAURIE LESHINFORMER PRESIDENT
Highest-paid employee
0$1,146,542$62,638
WINSTON SOBOYEJOINT. PRES(THRU 04/2023)/PROVOST
Trustee or director, Officer
40$726,939$91,601
DAVID BUNISSECRETARY & GENERAL COUNSEL
Officer
40$571,132$30,099
MICHAEL HORANTREASURER, EXECUTIVE VP & CFO
Officer
40$476,179$52,468
LAUREN TURNERSVP TALENT & INCLUSION, CDO
Highest-paid employee
40$425,092$55,862
AMY MORTONVP & CHIEF OF STAFF (THRU 07/2022)
Key employee
40$432,343$32,529
JEAN KINGDEAN OF ARTS & SCIENCES
Highest-paid employee
40$393,592$54,515
PHILIP CLAYVP STUDENT AFFAIRS
Key employee
40$397,128$40,069
JOHN MCNEILDEAN OF ENGINEERING
Highest-paid employee
40$379,855$55,325
DONNA STOCKVP UNIVERSITY ADVANCEMENT
Highest-paid employee
40$376,760$43,496
ARTHUR HEINRICHERINT. PROVOST (THRU 04/2023)/DEAN UG STUDIES
Key employee
40$317,572$38,932
JEFFREY SOLOMONFORMER TREAS, EXEC VP, CFO
Former
0$276,084$0
BRUCE BURSTENCHEMISTRY PROFESSOR
Former
40$205,723$29,712
KYLE SIEGELAVP, CHIEF OF STAFF & DEP. SECR.
Officer
40$149,602$36,456
ELIZABETH CLAPPASSOC TREAS. & CONTROLLER
Officer
40$115,361$24,382
JINLIU WANGPRESIDENT (AS OF 04/2023)
Trustee or director, Officer
40$0$0
WILLIAM FITZGERALDCHAIR & TRUSTEE
Trustee or director, Officer
2$0$0
JOYCE KLINEVICE CHAIR & TRUSTEE
Trustee or director, Officer
2$0$0
FRANCESCA MALTESEVICE CHAIR & TRUSTEE
Trustee or director, Officer
2$0$0
MICHAEL ASPINWALLTRUSTEE
Trustee or director
2$0$0
JAMES BAUMTRUSTEE
Trustee or director
2$0$0
LORRAINE BOLSINGERTRUSTEE
Trustee or director
2$0$0
LINWOOD BRADFORDTRUSTEE
Trustee or director
2$0$0
MICHAEL DOLANTRUSTEE
Trustee or director
2$0$0
MARNI HALLTRUSTEE
Trustee or director
2$0$0
ROBERT HARTTRUSTEE
Trustee or director
2$0$0
JEREMY HITCHCOCKTRUSTEE
Trustee or director
2$0$0
STUART KAZINTRUSTEE
Trustee or director
2$0$0
CARL KILMERTRUSTEE
Trustee or director
2$0$0
DAVID LAPRETRUSTEE
Trustee or director
2$0$0
CARLEEN MARTLANDTRUSTEE
Trustee or director
2$0$0
ERICA MASONTRUSTEE
Trustee or director
2$0$0
MAUREEN MCCAFFREYTRUSTEE
Trustee or director
2$0$0
PAMELA MCCAULEYTRUSTEE
Trustee or director
2$0$0
NEIL MCDONOUGHTRUSTEE
Trustee or director
2$0$0
LINDA MCGOLDRICKTRUSTEE
Trustee or director
2$0$0
PATRICIA NEWCOMER-SMALLTRUSTEE
Trustee or director
2$0$0
GEORGE OLIVERTRUSTEE
Trustee or director
2$0$0
MARK O'NEILTRUSTEE (THRU 07/2022)
Trustee or director
2$0$0
KAREN TEGAN PADIRTRUSTEE
Trustee or director
2$0$0
ELIZABETH PHELANTRUSTEE
Trustee or director
2$0$0
MARK RUSSELLTRUSTEE
Trustee or director
2$0$0
STEPHEN RUSCKOWSKITRUSTEE
Trustee or director
2$0$0
NAVJOT SINGHTRUSTEE
Trustee or director
2$0$0
JOAN BOLDUC SZKUTAKTRUSTEE
Trustee or director
2$0$0
MYLES WALTONTRUSTEE
Trustee or director
2$0$0
DOROTHEA WONGTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
100 INSTITUTE RD, WORCESTER, MA 01609-2247
In care of
% JEFFREY SOLOMON
Principal officer (990 for 2024)
JINLIU WANG, 100 INSTITUTE ROAD, WORCESTER, MA 01609
Signed the 990
MICHAEL HORAN, EXECUTIVE VP & CFO
Phone
(508) 831-5000
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

WPI TRANSFORMS LIVES, TURNS KNOWLEDGE INTO ACTION TO CONFRONT GLOBAL CHALLENGES, AND REVOLUTIONIZES STEM THROUGH DISTINCTIVE AND INCLUSIVE EDUCATION, PROJECTS AND RESEARCH. (HTTP://WWW.WPI.EDU/ABOUT/MISSION.HTML)

990 for the year ended June 30, 2025

Program accomplishments

  • THE UNIVERSITY PROVIDES EDUCATION IN THE FIELDS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS TO APPROXIMATELY 5,500 UNDERGRADUATE AND 2,025 GRADUATE STUDENTS. IN ADDITION, HOUSING AND BOARD AUXILIARY SERVICES ARE PROVIDED FOR APPROXIMATELY 2,410 STUDENTS. DURING FISCAL YEAR 2025, THE UNIVERSITY AWARDED 1,298 BACHELOR, 867 MASTER AND 87 PHD DEGREES. STUDENTS EMERGE FROM THE UNIVERSITY'S UNIQUE EXPERIENCE READY TO TAKE ON SOME OF THE MOST DIFFICULT CHALLENGES IN SCIENCE AND TECHNOLOGY. MORE IMPORTANTLY, THEY UNDERSTAND HOW THEIR WORK CAN TRULY IMPACT SOCIETY AND IMPROVE LIVES.
    Expenses $377,933,360 · grants $155,149,656 · revenue $434,365,675
  • AT THE UNIVERSITY, 244 FACULTY AND POST DOC RESEARCHERS, AND 632 STUDENTS ARE ENGAGED IN CUTTING-EDGE RESEARCH ACROSS A BROAD RANGE OF DISCIPLINES. THE UNIVERSITY RECEIVES RESEARCH FUNDING FROM A VARIETY OF SOURCES, PRIMARILY FROM GOVERNMENTAL ORGANIZATIONS SUCH AS THE NATIONAL SCIENCE FOUNDATION, DEPARTMENT OF DEFENSE, NATIONAL INSTITUTE OF HEALTH AND OTHER FEDERAL AGENCIES. RESEARCH AT THE UNIVERSITY HAS A DECIDEDLY APPLIED FOCUS, WITH WORK FOCUSED ON PROBLEMS THAT ARE BOTH INTERESTING AND IMPORTANT. THE RESULT IS NEW KNOWLEDGE, NEW INNOVATIONS, AND TECHNOLOGICAL ADVANCES THAT ATTACK SOME OF THE MAJOR CHALLENGES OF OUR TIME.
    Expenses $69,921,140 · grants $13,976,103 · revenue $55,929,914

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2121659
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1934
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,434,918,284
Income (IRS master file)
$536,998,693

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$529,428,994$539,287,317$1,434,918,284IRS
990-TJune 2025–––IRS
990June 2024$490,769,899$505,318,915$1,348,178,551IRS
990-TJune 2024–––IRS
990June 2023$462,672,181$483,023,410$1,319,474,615XML
990-TJune 2023–––IRS
990June 2022$444,871,646$445,496,296$1,250,809,748IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2121659).

Questions about WORCESTER POLYTECHNIC INSTITUTE

What is the EIN of WORCESTER POLYTECHNIC INSTITUTE?
The employer identification number (EIN) of WORCESTER POLYTECHNIC INSTITUTE is 04-2121659.
Is WORCESTER POLYTECHNIC INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1934.
Are donations to WORCESTER POLYTECHNIC INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WORCESTER POLYTECHNIC INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WORCESTER POLYTECHNIC INSTITUTE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORCESTER POLYTECHNIC INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WORCESTER POLYTECHNIC INSTITUTE?
The 990 for the year ended June 30, 2025 names JINLIU WANG.
Who are the officers and directors of WORCESTER POLYTECHNIC INSTITUTE?
The 990 for the year ended June 30, 2025 lists 41 people; 13 received compensation from the organization, the highest $995,961 (JINLIU WANG, PRESIDENT).
How much revenue does WORCESTER POLYTECHNIC INSTITUTE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $529,428,994, expenses of $539,287,317 and total assets of $1,434,918,284 at year end.

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