Nonprofit · EIN 81-2731492
MIT INTERNATIONAL INC
Tax-exempt · CAMBRIDGE, MA 02139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,769,000 | $17,665,000 | -$5,896,000 | $15,865,000 | $223,000 | $15,642,000 |
| June 30, 2024 | 990 | $12,850,000 | $8,736,000 | $4,114,000 | $20,636,000 | $95,000 | $20,541,000 |
| June 30, 2023 | 990 | $23,334,000 | $8,383,000 | $14,951,000 | $18,724,000 | $2,035,000 | $16,689,000 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,502,000
- Program service revenue
- $1,184,000
- Investment income
- $6,000
- Other revenue
- $77,000
Expenses
- Grants and similar amounts paid
- $16,365,000
- Other salaries and wages
- $501,000
- Salaries, compensation and benefits (total)
- $511,000
- Professional fundraising fees
- $0
- Accounting fees
- $58,000
- Occupancy
- $190,000
- Travel
- $51,000
- Depreciation
- $57,000
- Program services (functional)
- $17,568,000
- Management and general (functional)
- $97,000
Balance sheet and other
- Total assets, start of year
- $20,636,000
- Total assets, end of year
- $15,865,000
- Total liabilities, end of year
- $223,000
- Net assets, end of year
- $15,642,000
- Land, buildings and equipment
- $360,000
- Net assets without donor restrictions
- $1,097,000
- Net assets with donor restrictions
- $14,545,000
- Gross receipts
- $11,769,000
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2016
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Cynthia Barnhart | Director Trustee or director | 1 | $0 | $1,084,227 | $19,305 |
| Glen Shor | Director Trustee or director | 1 | $0 | $950,529 | $76,638 |
| Mark DiVincenzo | Director Trustee or director | 1 | $0 | $879,429 | $98,415 |
| Ian Waitz | Director (Incoming) Trustee or director | 1 | $0 | $636,051 | $97,495 |
| Maria Zuber | Director (Outgoing) Trustee or director | 1 | $0 | $609,859 | $42,454 |
| Katherine Hammer | Treasurer Officer | 1 | $0 | $535,027 | $38,487 |
| Richard Lester | President (Outgoing) Trustee or director, Officer | 2 | $0 | $507,880 | $49,800 |
| Duane Boning | President (Incoming) Trustee or director, Officer | 2 | $0 | $403,190 | $82,382 |
| Matthew Fucci | Clerk Officer | 1 | $0 | $271,725 | $65,652 |
| Magdalene Lee | Vice President Officer | 1 | $0 | $239,580 | $53,238 |
| Marina Chan | Senior Director - MIT Hong Kong Innovation Node, Head of Education Highest-paid employee | 40 | $190,896 | $0 | $19,322 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Cynthia Barnhart | Director Trustee or director | 1 | $0 | $987,284 | $18,742 |
| Glen Shor | Director Trustee or director | 1 | $0 | $883,134 | $73,021 |
| Mark DiVincenzo | Director Trustee or director | 1 | $0 | $803,544 | $92,809 |
| Maria Zuber | Director Trustee or director | 1 | $0 | $584,345 | $40,138 |
| Katherine Hammer | Treasurer Officer | 1 | $0 | $486,563 | $36,784 |
| Richard Lester | President Trustee or director, Officer | 2 | $0 | $444,113 | $47,325 |
| Nina VanWormer | Associate Director, Global Investment Legal Services Highest-paid employee | 29 | $263,564 | $98,488 | $54,009 |
| Matthew Fucci | Clerk Officer | 1 | $0 | $256,862 | $59,601 |
| Magdalene Lee | Vice President Officer | 1 | $0 | $232,945 | $44,346 |
| Charleston Sin | Executive Director, MIT Hong Kong Innovation Node Highest-paid employee | 40 | $208,098 | $0 | $10,405 |
| Marina Chan | Senior Director - MIT Hong Kong Innovation Node, Head of Education Highest-paid employee | 40 | $165,582 | $0 | $8,279 |
| Sunnie Lau | Director of Smart City Research and Industry Collaboration - MIT Hong Kong Innovation Node Highest-paid employee | 40 | $134,463 | $0 | $6,723 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Glen Shor | Director Trustee or director | 1 | $0 | $795,890 | $68,243 |
| Cynthia Barnhart | Director Trustee or director | 1 | $0 | $833,157 | $17,635 |
| Mark DiVincenzo | Director Trustee or director | 1 | $0 | $735,580 | $80,556 |
| Maria Zuber | Director Trustee or director | 1 | $0 | $548,182 | $37,703 |
| Katherine Hammer | Treasurer Officer | 1 | $0 | $434,559 | $34,077 |
| Richard Lester | President Trustee or director, Officer | 2 | $0 | $414,284 | $44,495 |
| Robert Lemp | Vice President (Outgoing) Officer | 1 | $0 | $233,457 | $76,213 |
| Matthew Fucci | Clerk Officer | 1 | $0 | $246,072 | $57,228 |
| Nina VanWormer | Associate Director, Global Investment Legal Services Highest-paid employee | 40 | $251,501 | $0 | $14,153 |
| Charleston Sin | Executive Director, MIT Hong Kong Innovation Node Highest-paid employee | 40 | $244,934 | $0 | $13,656 |
| Marina Chan | Senior Director - MIT Hong Kong Innovation Node, Head of Education Highest-paid employee | 40 | $156,819 | $0 | $7,797 |
| Sunnie Lau | Director of Smart City Research and Industry Collaboration - MIT Hong Kong Innovation Node Highest-paid employee | 40 | $130,768 | $0 | $7,491 |
| Magdalene Lee | Vice President (Incoming) Officer | 1 | $0 | $19,167 | $3,455 |
Address and contacts
- Address (IRS master file)
- 77 MASSACHUSETTS AVE NE49-4097, CAMBRIDGE, MA 02139-4301
- In care of
- % LONG TRAN
- Principal officer (990 for 2024)
- Duane Boning, 77 Massachusetts Avenue NE49-4000, Cambridge, MA 02139
- Signed the 990
- Katherine Hammer, TREASURER
- Phone
- (617) 258-9884
Mission
THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES.
Program accomplishments
- MIT INTERNATIONAL FURTHERS THE MISSION OF ITS SOLE MEMBER, THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT), AND FULFILLS MIT'S OBJECTIVES AND PURPOSES BY CONDUCTING, SUPPORTING, AND FACILITATING GLOBAL EDUCATIONAL AND ACADEMIC ACTIVITIES.Expenses $17,568,000 · grants $16,365,000 · revenue $1,184,000
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
- 81-2731492
- 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
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $15,865,000
- Income (IRS master file)
- $11,769,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,769,000 | $17,665,000 | $15,865,000 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $12,850,000 | $8,736,000 | $20,636,000 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $23,334,000 | $8,383,000 | $18,724,000 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $2,729,000 | $3,863,000 | $34,517,000 | 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 81-2731492).
Questions about MIT INTERNATIONAL INC
- What is the EIN of MIT INTERNATIONAL INC?
- The employer identification number (EIN) of MIT INTERNATIONAL INC is 81-2731492.
- Is MIT INTERNATIONAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to MIT INTERNATIONAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIT INTERNATIONAL 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 MIT INTERNATIONAL 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 MIT INTERNATIONAL 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 MIT INTERNATIONAL INC?
- The 990 for the year ended June 30, 2025 names Duane Boning.
- Who are the officers and directors of MIT INTERNATIONAL INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization.
- How much revenue does MIT INTERNATIONAL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,769,000, expenses of $17,665,000 and total assets of $15,865,000 at year end.
Other nonprofits in CAMBRIDGE
- PRESIDENT AND FELLOWS OF HARVARD COLLEGE EIN 04-2103580 · last filed 990-N for 2024
- MASSACHUSETTS INSTITUTE OF TECHNOLOGY EIN 04-2103594 · last filed 990 for 2025
- HULT INTERNATIONAL BUSINESS SCHOOL INC EIN 04-3348440 · last filed 990 for 2025
- BUCKINGHAM BROWNE AND NICHOLS SCHOOL EIN 04-2103751 · last filed 990 for 2025
- TRUSTEES FOR HARVARD UNIVERSITY EIN 53-0199180 · last filed 990 for 2025
- SHADY HILL SCHOOL EIN 04-2103628 · last filed 990 for 2025
- LYCEE INTERNATIONAL DE BOSTON INTERNATIONAL SCHOOL OF BOSTON INC EIN 04-2385120 · last filed 990 for 2025
- AXIM COLLABORATIVE INC EIN 46-0807740 · last filed 990 for 2025