Nonprofit · EIN 26-3428781
BROAD INSTITUTE INC
Tax-exempt · CAMBRIDGE, MA 02142
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $846,134,426 | $799,010,537 | $47,123,889 | $3,514,911,720 | $1,119,746,881 | $2,395,164,839 |
| June 30, 2024 | 990 | $831,109,480 | $752,531,863 | $78,577,617 | $2,945,064,927 | $740,962,746 | $2,204,102,181 |
| June 30, 2023 | 990 (amended) | $860,350,571 | $730,483,898 | $129,866,673 | $2,674,332,180 | $636,686,371 | $2,037,645,809 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $676,305,601
- of which government grants
- $189,100,655
- Program service revenue
- $67,090,286
- Investment income
- $69,578,427
- Royalties
- $32,945,288
- Net rental income
- $214,824
- Net gain from sales of assets
- $41,491,104
- Other revenue
- $33,160,112
Expenses
- Grants and similar amounts paid
- $98,808,899
- Compensation of officers, directors and key employees
- $3,518,713
- Other salaries and wages
- $252,055,133
- Salaries, compensation and benefits (total)
- $323,357,658
- Professional fundraising fees
- $0
- Legal fees
- $8,834,363
- Accounting fees
- $391,766
- Occupancy
- $84,188,183
- Travel
- $3,981,429
- Depreciation
- $63,375,423
- Program services (functional)
- $629,825,966
- Management and general (functional)
- $164,960,011
- Fundraising (functional)
- $4,224,560
Balance sheet and other
- Total assets, start of year
- $2,945,064,927
- Total assets, end of year
- $3,514,911,720
- Total liabilities, end of year
- $1,119,746,881
- Net assets, end of year
- $2,395,164,839
- Land, buildings and equipment
- $632,743,500
- Publicly traded securities
- $274,700,862
- Net assets without donor restrictions
- $675,596,729
- Net assets with donor restrictions
- $1,719,568,110
- Gross unrelated business income
- $20,488,429
- Gross receipts
- $850,391,383
- Employees
- 2,676
- Volunteers
- 25
- Year formed
- 2008
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Todd Golub | Institute Director Trustee or director, Officer | 60 | $921,555 | $60,821 |
| Stacey Gabriel | EVP, Platforms and Scientific Execution Key employee | 60 | $753,888 | $61,192 |
| Eric Lander | Core Institute Member Highest-paid employee | 60 | $702,928 | $49,277 |
| Morgan Sheng | Co-Director, Stanley Center for Psychiatric Research Highest-paid employee | 60 | $604,841 | $63,638 |
| Dan Shore | Chief Operating Officer Key employee | 60 | $541,221 | $60,712 |
| Michael Christiano | Chief Business Officer Highest-paid employee | 60 | $452,600 | $65,409 |
| Niall Lennon | Senior Director, Genomics Platform Highest-paid employee | 60 | $451,243 | $60,498 |
| Priya McCue | Chief Development Officer Highest-paid employee | 60 | $448,409 | $60,052 |
| Emme Handy | Chief Financial Officer/Treasurer Officer | 60 | $407,134 | $60,331 |
| Wanda Cordova | Senior Advisor to the CFO/Assistant Treasurer Officer | 60 | $301,373 | $31,005 |
| Corrina L Hale | Senior Counsel/Clerk Officer | 60 | $253,925 | $54,258 |
| Laurie Pessah | BOD Admin/Assistant Clerk Officer | 60 | $181,193 | $52,117 |
| Alan Garber | Director Trustee or director | 1 | $0 | $0 |
| Arthur Levinson | Director Trustee or director | 1 | $0 | $0 |
| Benjamin Ebert | Director (Beg 10/24) Trustee or director | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Baltimore | Director Trustee or director | 1 | $0 |
| Eric E Schmidt | Director Trustee or director | 1 | $0 |
| George Daley | Director Trustee or director | 1 | $0 |
| Gerun Riley | Director Trustee or director | 2 | $0 |
| James Manyika | Director Trustee or director | 1 | $0 |
| Laurie Glimcher | Director (Until 9/24) Trustee or director | 1 | $0 |
| Margaret Hamburg | Director Trustee or director | 1 | $0 |
| Mark Nunnelly | Director Trustee or director | 1 | $0 |
| Phillip Sharp | Director Trustee or director | 1 | $0 |
| R Martin Chavez | Director Trustee or director | 1 | $0 |
| Sally Kornbluth | Director Trustee or director | 1 | $0 |
| Seth Klarman | Director Trustee or director | 1 | $0 |
| Shirley Tilghman | Director Trustee or director | 1 | $0 |
| William Helman | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Todd Golub | Institute Director Trustee or director, Officer | 60 | $890,581 | $56,696 |
| Stacey Gabriel | EVP, Platforms and Scientific Execution Key employee | 60 | $672,468 | $50,814 |
| Eric Lander | Core Institute Member (Beg 2/23) Highest-paid employee | 60 | $621,897 | $46,104 |
| Morgan Sheng | Core Institute Member Highest-paid employee | 60 | $597,779 | $59,972 |
| Cara Mason | Director, EWSC Operations (Until 6/23) Highest-paid employee | 60 | $549,072 | $16,256 |
| Dan Shore | Chief Operating Officer/Treasurer (Until 6/24) Officer | 60 | $485,577 | $58,307 |
| Michael Christiano | Chief Business Officer Highest-paid employee | 60 | $439,630 | $56,621 |
| Priya McCue | Chief Development Officer Highest-paid employee | 60 | $431,511 | $55,999 |
| Jesse Souweine | CHIEF OPERATING OFFICER (UNTIL 9/23) Key employee | 60 | $410,610 | $40,557 |
| Emme Handy | Chief Financial Officer/Treasurer (Beg 6/24) Officer | 60 | $311,197 | $38,948 |
| Wanda Cordova | Senior Advisor to the CFO/Assistant Treasurer Officer | 60 | $281,336 | $29,877 |
| Corrina L Hale | Senior Counsel/Clerk Officer | 60 | $248,177 | $42,462 |
| Laurie Pessah | BOD Admin/Assistant Clerk Officer | 60 | $169,961 | $47,874 |
| Alan Garber | Director (Beg 1/24) Trustee or director | 1 | $0 | $0 |
| Arthur Levinson | Director Trustee or director | 1 | $0 | $0 |
| Claudine Gay | Director (7/23-1/24) Trustee or director | 1 | $0 | $0 |
| David Baltimore | Director Trustee or director | 1 | $0 | $0 |
| Eric E Schmidt | Director Trustee or director | 1 | $0 | $0 |
| George Daley | Director Trustee or director | 1 | $0 | $0 |
| Gerun Riley | Director Trustee or director | 1 | $0 | $0 |
| James Manyika | Director Trustee or director | 1 | $0 | $0 |
| Laurie Glimcher | Director Trustee or director | 1 | $0 | $0 |
| Margaret Hamburg | Director Trustee or director | 1 | $0 | $0 |
| Mark Nunnelly | Director Trustee or director | 1 | $0 | $0 |
| Phillip Sharp | Director Trustee or director | 1 | $0 | $0 |
| R Martin Chavez | Director Trustee or director | 1 | $0 | $0 |
| Sally Kornbluth | Director Trustee or director | 1 | $0 | $0 |
| Seth Klarman | Director Trustee or director | 1 | $0 | $0 |
| Shirley Tilghman | Director Trustee or director | 1 | $0 | $0 |
| William Helman | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TODD GOLUB | INSTITUTE DIRECTOR Trustee or director, Officer | 60 | $817,744 | $56,888 |
| STACEY GABRIEL | CHIEF GENOMICS OFFICER Key employee | 60 | $677,438 | $47,886 |
| JESSE SOUWEINE | CHIEF OPERATING OFFICER Key employee | 60 | $606,831 | $61,734 |
| MORGAN SHENG | CORE INSTITUTE MEMBER Highest-paid employee | 60 | $589,146 | $59,981 |
| DAN SHORE | CFO/TREASURER Officer | 60 | $440,845 | $58,454 |
| HEATHER JANKINS | SEE SCHEDULE O Highest-paid employee | 60 | $440,373 | $58,125 |
| MICHAEL CHRISTIANO | CHIEF BUSINESS OFFICER Highest-paid employee | 60 | $437,068 | $57,516 |
| NIALL LENNON | SR DIR TRANSLATIONAL GENOMICS Highest-paid employee | 60 | $434,037 | $57,467 |
| SHEILA DODGE | SR. DIRECTOR GP OPERATIONS Highest-paid employee | 60 | $435,071 | $51,298 |
| WANDA CORDOVA | SEE SCHEDULE O Officer | 60 | $285,403 | $31,653 |
| CORRINA L HALE | SR. COUNSEL/CLERK (BEG 10/22) Officer | 60 | $233,042 | $43,062 |
| LAURIE PESSAH | BOD ADMIN/ASSISTANT CLERK Officer | 60 | $162,681 | $45,839 |
| JUSTINE LEVIN-ALLERHAND | SEE SCHEDULE O Former | 60 | $150,000 | $0 |
| ERIC E SCHMIDT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID BALTIMORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE Q DALEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM HELMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SETH KLARMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARTHUR LEVINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK NUNNELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| L RAFAEL REIF | DIRECTOR (UNT 12/22) Trustee or director | 1 | $0 | $0 |
| PHILLIP SHARP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHIRLEY TILGHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERUN RILEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAWRENCE BACOW | DIRECTOR (UNT 6/23) Trustee or director | 1 | $0 | $0 |
| JAMES MANYIKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARGARET HAMBURG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RMARTIN CHAVEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAVI THADHANI | DIRECTOR (UNT 10/22) Trustee or director | 1 | $0 | $0 |
| LAURIE GLIMCHER | DIRECTOR (BEG 5/23) Trustee or director | 1 | $0 | $0 |
| SALLY KORNBLUTH | DIRECTOR (BEG 1/23) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 415 MAIN ST, CAMBRIDGE, MA 02142-1027
- In care of
- % DAN SHORE COO/TREASURER
- Principal officer (990 for 2024)
- Todd Golub Institute Director, 415 Main Street, Cambridge, MA 02142
- Signed the 990
- Todd Golub, Institute Director
- Phone
- (617) 714-7000
- Website
- www.broadinstitute.org
- Return prepared by
- KPMG LLP
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. WE ARE A RESEARCH ORGANIZATION DEDICATED TO UNDERSTANDING THE ROOTS OF DISEASE AND CLOSING THE GAP BETWEEN NEW BIOLOGICAL INSIGHTS AND IMPACT FOR PATIENTS.
Program accomplishments
- See Schedule OExpenses $629,825,966 · grants $98,808,899 · revenue $54,166,478
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3428781
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H20)
- Assets (IRS master file)
- $3,514,911,720
- Income (IRS master file)
- $850,391,383
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $846,134,426 | $799,010,537 | $3,514,911,720 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $831,109,480 | $752,531,863 | $2,945,064,927 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $860,350,571 | $730,483,898 | $2,674,332,180 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $1,051,116,110 | $826,345,984 | $2,728,165,745 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 26-3428781).
Questions about BROAD INSTITUTE INC
- What is the EIN of BROAD INSTITUTE INC?
- The employer identification number (EIN) of BROAD INSTITUTE INC is 26-3428781.
- Is BROAD INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to BROAD INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BROAD INSTITUTE INC 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 BROAD INSTITUTE INC 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 BROAD INSTITUTE INC 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 BROAD INSTITUTE INC?
- The 990 for the year ended June 30, 2025 names Todd Golub Institute Director.
- Who are the officers and directors of BROAD INSTITUTE INC?
- The 990 for the year ended June 30, 2025 lists 29 people; 12 received compensation from the organization, the highest $921,555 (Todd Golub, Institute Director).
- How much revenue does BROAD INSTITUTE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $846,134,426, expenses of $799,010,537 and total assets of $3,514,911,720 at year end.
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