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Broad Institute INC

Public charityFed auditsIRS 990990-T FY2023
DBA: % DAN SHORE COO/TREASURER
Other · CAMBRIDGE, MA · EIN 26-3428781

About

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.

In care of DAN Shore Coo/treasurer

Donations are tax-deductible
Category
Other
Employees
2,729
Volunteers
28

Financial Snapshot

FY ending 2023-06-30
Revenue
$860.4M
Expenses
$730.5M
Assets
$2.7B
Liabilities
$636.7M

Financial history

$1.1B$525.6M$0
1617181920212223
RevenueExpenses
Latest FY2023: $860.4M · Peak FY2022: $1.1B · Avg: $615.2M

Foreign activity (Schedule F)

Total spent abroad$12.6M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
East Asia and the Pacific
Europe (Including Iceland and Greenland)
Sub-Saharan Africa
South Asia
North America
South America
Central America and the Caribbean
Sub-Saharan Africa
Europe (Including Iceland and Greenland)
East Asia and the Pacific
Middle East and North Africa
Russia and the Newly Independent States
Europe (Including Iceland and Greenland)
North America
East Asia and the Pacific
Middle East and North Africa
Sub-Saharan Africa
South America
Central America and the Caribbean
Europe (Including Iceland and Greenland)
North America

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$2K
Grants Given
$99.8M
BROAD INSTITUTE INC
Your actions

Address

415 Main ST
Cambridge, MA, 02142-102

Governance

Voting board members16
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionYes

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %87.8%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
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