You’re viewing the FY2023 filing — not the latest on file.
See the latest (FY2025) →
Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1934.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
82 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
47 people listed on the 990; $6.4M paid to officers and key staff.
Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Former President
$1,146,542Pt VII · Sec A
Int. Pres(thru 04/2023)/Provost
$726,939Pt VII · Sec A
Secretary & General Counsel
$571,132Pt VII · Sec A
Treasurer, Executive VP & CFO
$476,179Pt VII · Sec A
VP & Chief of Staff (thru 07/2022)
$432,343Pt VII · Sec A
SVP Talent & Inclusion, Cdo
$425,092Pt VII · Sec A
VP Student Affairs
$397,128Pt VII · Sec A
Dean of Arts & Sciences
$393,592Pt VII · Sec A
Dean of Engineering
$379,855Pt VII · Sec A
VP University Advancement
$376,760Pt VII · Sec A
Int. Provost (thru 04/2023)/Dean Ug Studies
$317,572Pt VII · Sec A
Former Treas, Exec VP, CFO
$276,084Pt VII · Sec A
Chemistry Professor
$205,723Pt VII · Sec A
Avp, Chief of Staff & Dep. Secr.
$149,602Pt VII · Sec A
Assoc Treas. & Controller
$115,361Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee (thru 07/2022)
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
President (as of 04/2023)
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Chair & Trustee
$0Pt VII · Sec A
Vice Chair & Trustee
$0Pt VII · Sec A
Vice Chair & Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Laurie Leshin | — | — | $1,146,542 | $1,905,265 | $990,672 | $1,206,233 |
| Jinliu Wang | $995,961 | $807,682 | — | — | — | — |
| Jeffrey Solomon | — | — | $276,084 | $738,198 | $493,020 | $543,383 |
| Stephen Flavin | — | — | — | — | $207,747 | $729,114 |
| Winston Soboyejo | — | $540,190 | $726,939 | $564,121 | $443,922 | $434,964 |
| David Bunis | $552,517 | $574,842 | $571,132 | $608,493 | $449,315 | $428,313 |
| Michael Horan | $589,073 | $577,082 | $476,179 | $194,712 | — | — |
| Kristin Tichenor | — | — | — | — | $247,272 | $577,847 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Worcester Polytechnic Institute executive salaries →On this list? Claim this org
Something off? Claim to add context
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides higher education and conducts applied science and engineering research to develop technological innovations that benefit society.
Questions for Worcester Polytechnic Institute
Your first name shows with your question. Worcester Polytechnic Institute answers here, for everyone.
Provided by the organization
Know this org? Add your story
2 programs · $395.4M · in their own filed words · FY2022
01
The university provides education in the fields of science, technology, engineering and mathematics to approximately 5,250 undergraduate and 2,050 graduate students. In addition, housing and board auxiliary services are provided for approximately 2,300 students.
$340.6Mprogram expense
02
At the university, 239 faculty and post doc researchers, and 554 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…
$54.9Mprogram expense
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Schedule I · received and paid
Grants received · FY2025
The Ayco Charitable FoundationFY2025$85K
Hispanic Scholarship FundFY2025$48K
Folds of Honor FoundationFY2025$28K
Fales Educational TrustFY2025$8K
Emma F Makinson Trust C351FY2025$3K
Fred L Robbins TrustFY2025$2K
Total grants receivedfrom 8 funders$222K
Grants paid · 251 grants · $785.0M · 2019–2024
Unitemized GrantFY2024$155,149,656
Unitemized GrantFY2023$144,171,767
Assistments Foundation INCMA · FY2023$1,107,292
City of WorcesterFY2023$795,713
WestedCA · FY2023$613,927
American Institute of Chemical EngineersNY · FY2023$547,593
NC A&t State UniversityFY2023$408,750
University of IllinoisFY2023$313,431
University of MinnesotaFY2023$309,254
West Virginia UniversityWV · FY2023$295,310
Drexel UniversityPA · FY2023$291,080
Gdb InternationalFY2023$281,267
Lesley UniversityMA · FY2023$241,053
Institute of Gas TechnologyIL · FY2023$224,641
Univ of Massachusetts Medical SchoolFY2023$189,919
Trustees of Purdue UniversityIN · FY2023$175,452
University of MarylandFY2023$163,552
University of FloridaFL · FY2023$159,152
By the numbers
The FY2023 990, line by line.
Download 990
1The main four
Money inPt VIII
$462.7M
Ln 12
Fees for servicesLn 2g$425.7M
Gifts and grantsLn 1h$23.1M
Investment incomeLn 3$13.6M
Money outPt IX
$483.0M
Ln 25
Programscol B$395.4M
Managementcol C$79.0M
Fundraisingcol D$8.6M
Owns and owesPt X
$799.3M
net assets · Ln 32
Cash and savingsLn 1–2$10.9M
Total assetsLn 16$1.3B
LiabilitiesLn 26$520.2M
PeoplePt VI, VII
47
listed · VII A
PaidVII A15
Voting boardVI 1a31
IndependentVI 1b30
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$23.1M
Government grantsLn 1e$1.5M
Noncash giftsLn 1g$1.8M
Fees for servicesLn 2g$425.7M
Investment incomeLn 3$13.6M
Other incomeLn 4–11$301K
Gains on assetsLn 7−$7K
Total revenueLn 12$462.7M
Assets in detailPt X, end of year
SavingsLn 2$10.9M
Cash and savings togetherLn 1–2$10.9M
InvestmentsLn 11–13$704.5M
Land, buildings, equipmentLn 10c$518.5M
Other assetsLn 15$16.5M
Total assetsLn 16$1.3B
LiabilitiesLn 26$520.2M
Net assetsLn 32$799.3M
OperationsPt I, VI
EmployeesI 54,536
VolunteersI 6522
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $9.0M | $10.9M |
| InvestmentsLn 11–13 | $640.7M | $704.5M |
| Land, buildings, equipmentLn 10c | $506.0M | $518.5M |
| Total assetsLn 16 | $1.25B | $1.32B |
| LiabilitiesLn 26 | $485.2M | $520.2M |
| Net assetsLn 32 | $765.6M | $799.3M |
4Every line
Statement of functional expensesPt IX · every line
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $7.9M | $7.9M | ||
| Grants to domestic individualsLn 2 | $128.6M | $128.6M | ||
| Grants and assistance to foreign recipientsLn 3 | $1.4M | $1.4M | ||
| Pay of current officers, directors and key staffLn 5 | $3.4M | $590K | $2.4M | $394K |
| Pay of disqualified personsLn 6 | $470K | $433K | $38K | |
| Other salaries and wagesLn 7 | $151.2M | $115.3M | $31.2M | $4.7M |
| Pension plan contributionsLn 8 | $10.5M | $7.9M | $2.3M | $346K |
| Other employee benefitsLn 9 | $18.3M | $10.3M | $7.0M | $972K |
| Payroll taxesLn 10 | $9.1M | $6.8M | $2.0M | $299K |
| Legal feesLn 11b | $978K | $36K | $941K | $593 |
| Accounting feesLn 11c | $416K | $90K | $325K | $649 |
| Lobbying feesLn 11d | $183K | $183K | ||
| Professional fundraising feesLn 11e | $224K | $224K | ||
| Investment management feesLn 11f | $1.2M | $1.2M | ||
| Other fees for servicesLn 11g | $21.0M | $18.3M | $2.6M | $54K |
| Advertising and promotionLn 12 | $2.2M | $1.7M | $437K | $32K |
| Office expensesLn 13 | $4.7M | $3.1M | $1.4M | $109K |
| Information technologyLn 14 | $9.3M | $2.2M | $6.8M | $272K |
| OccupancyLn 16 | $11.1M | $9.6M | $1.4M | $135K |
| TravelLn 17 | $7.8M | $7.2M | $541K | $121K |
| Conferences, conventions and meetingsLn 19 | $3.1M | $2.4M | $704K | $67K |
| InterestLn 20 | $14.9M | $12.0M | $2.7M | $221K |
| Depreciation, depletion and amortizationLn 22 | $36.6M | $30.3M | $5.9M | $443K |
| InsuranceLn 23 | $1.5M | $144K | $1.4M | $136 |
| Other expenses (24a–d)Ln 24 | $33.0M | $26.7M | $6.1M | $145K |
| All other expensesLn 24e | $3.9M | $2.5M | $1.4M | $43K |
| Total functional expensesLn 25 | $483.0M | $395.4M | $79.0M | $8.6M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $529.4M | $539.3M | −$9.9M | $901.4M | 990 PDF |
| FY2024 | $490.8M | $505.3M | −$14.5M | $850.2M | 990 PDF |
| FY2023 Viewing | $462.7M | $483.0M | −$20.4M | $799.3M | 990 PDF |
| FY2022 | $444.9M | $445.5M | −$625K | $765.6M | 990 PDF |
| FY2021 | $398.2M | $398.5M | −$362K | $804.0M | 990 PDF |
| FY2020 | $384.5M | $390.9M | −$6.4M | $651.8M | 990 PDF |
More to add? Claim this org
Schedules filed Part IV
III · Programs
R · Related orgs
G · Fundraising
L · Interested persons
I · Grants
A · Public support
F · Foreign
M · Noncash
J · Pay
O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $462,672,181 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $25,922,762$23,070,174
I-9 Program service revenuePrior year $414,335,622$425,741,934
I-10 Investment incomePrior year $4,296,051$13,559,221
I-11 Other revenuePrior year $317,211$300,852
I-12 Total revenuePrior year $444,871,646$462,672,181
I-13 Grants and similar amounts paidPrior year $131,407,562$137,912,773
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $176,218,032$192,857,975
I-16a Professional fundraising feesPrior year $166,030$224,389
I-17 Other expensesPrior year $137,704,672$152,028,273
I-18 Total expensesPrior year $445,496,296$483,023,410
I-19 Revenue less expensesPrior year −$624,650−$20,351,229
Part VI · Governance 30 of 31 board members independent, 1 to look at
VI-1a Voting members of the governing body31
VI-1b Independent voting members30
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $462,672,181 across 10 lines filed
VIII-1e Government grants$1,500,000
VIII-1f All other contributions, gifts and grants$21,570,174
VIII-1g Noncash contributions (included above)$1,789,126
VIII-1h Total contributions, gifts and grants$23,070,174
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $425,586,506 · Unrelated business $155,428$425,741,934
VIII-3 Investment incomeUnrelated business $2,558,007 · Excluded from tax $11,007,796$13,565,803
VIII-5 RoyaltiesExcluded from tax $174,837$174,837
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$6,582−$6,582
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $126,015$126,015
VIII-12 Total revenueRelated to mission $425,586,506 · Unrelated business $2,713,435 · Excluded from tax $11,302,066$462,672,181
Part IX · Statement of functional expenses $483,023,410 across 26 lines filed
IX-1 Grants to domestic organizationsPrograms $7,895,804$7,895,804
IX-2 Grants to domestic individualsPrograms $128,641,150$128,641,150
IX-3 Grants and assistance to foreign recipientsPrograms $1,375,819$1,375,819
IX-5 Pay of current officers, directors and key staffPrograms $589,792 · Management $2,401,471 · Fundraising $393,785$3,385,048
IX-6 Pay of disqualified personsPrograms $432,581 · Management $37,583$470,164
IX-7 Other salaries and wagesPrograms $115,281,206 · Management $31,163,050 · Fundraising $4,719,546$151,163,802
IX-8 Pension plan contributionsPrograms $7,892,479 · Management $2,257,020 · Fundraising $345,925$10,495,424
IX-9 Other employee benefitsPrograms $10,260,420 · Management $7,037,752 · Fundraising $971,539$18,269,711
IX-10 Payroll taxesPrograms $6,823,448 · Management $1,951,308 · Fundraising $299,070$9,073,826
IX-11b Legal feesPrograms $36,310 · Management $941,060 · Fundraising $593$977,963
IX-11c Accounting feesPrograms $90,498 · Management $324,600 · Fundraising $649$415,747
IX-11d Lobbying feesManagement $183,264$183,264
IX-11e Professional fundraising feesFundraising $224,389$224,389
IX-11f Investment management feesManagement $1,249,031$1,249,031
IX-11g Other fees for servicesPrograms $18,341,971 · Management $2,611,472 · Fundraising $54,375$21,007,818
IX-12 Advertising and promotionPrograms $1,697,561 · Management $437,294 · Fundraising $31,961$2,166,816
IX-13 Office expensesPrograms $3,144,517 · Management $1,434,579 · Fundraising $109,104$4,688,200
IX-14 Information technologyPrograms $2,182,581 · Management $6,845,417 · Fundraising $271,902$9,299,900
IX-16 OccupancyPrograms $9,551,845 · Management $1,379,460 · Fundraising $134,621$11,065,926
IX-17 TravelPrograms $7,163,407 · Management $540,827 · Fundraising $120,873$7,825,107
IX-19 Conferences, conventions and meetingsPrograms $2,373,203 · Management $704,397 · Fundraising $67,015$3,144,615
IX-20 InterestPrograms $11,985,844 · Management $2,736,649 · Fundraising $220,594$14,943,087
IX-22 Depreciation, depletion and amortizationPrograms $30,265,929 · Management $5,925,156 · Fundraising $443,249$36,634,334
IX-23 InsurancePrograms $143,661 · Management $1,391,399 · Fundraising $136$1,535,196
IX-24 Other expenses (24a–d)Programs $26,748,818 · Management $6,062,973 · Fundraising $144,827$32,956,618
IX-24e All other expensesPrograms $2,521,917 · Management $1,369,815 · Fundraising $42,919$3,934,651
IX-25 Total functional expensesPrograms $395,440,761 · Management $78,985,577 · Fundraising $8,597,072$483,023,410
Part X · Balance sheet $1,319,474,615 assets, 19 lines filed
Asset lines not itemized here account for $16,581,223; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $9,011,904$10,891,223
X-3 Pledges and grants receivableStart of year $32,927,269$38,738,013
X-4 Accounts receivableStart of year $10,737,226$3,780,747
X-9 Prepaid expenses and deferred chargesStart of year $9,637,273$10,004,607
X-10c Land, buildings and equipment, netStart of year $505,978,522$518,518,734
X-11 Publicly traded securitiesStart of year $109,808,279$164,550,268
X-12 Other securitiesStart of year $530,906,469$539,936,441
X-15 Other assetsStart of year $25,730,883$16,473,359
X-16 Total assetsStart of year $1,250,809,748$1,319,474,615
X-17 Accounts payable and accrued expensesStart of year $30,727,668$28,027,077
X-19 Deferred revenueStart of year $11,491,013$11,900,772
X-20 Tax-exempt bond liabilitiesStart of year $334,437,037$319,284,987
X-24 Unsecured notes and loans payableStart of year $60,591,569$76,629,920
X-25 Other liabilitiesStart of year $47,748,420$84,139,152
X-26 Total liabilitiesStart of year $485,190,259$520,187,087
X-27 Net assets without donor restrictionsStart of year $348,631,068$350,722,767
X-28 Net assets with donor restrictionsStart of year $416,988,421$448,564,761
X-32 Total net assets or fund balancesStart of year $765,619,489$799,287,528
X-33 Total liabilities and net assetsStart of year $1,250,809,748$1,319,474,615
Part XI · Reconciliation of net assets $799,287,528 net assets at year end
XI-1 Total revenue$462,672,181
XI-2 Total expenses$483,023,410
XI-3 Revenue less expenses−$20,351,229
XI-4 Net assets at start of year$765,619,489
XI-5 Net unrealized gains (losses) on investments$53,633,935
XI-9 Other changes in net assets$385,333
XI-10 Net assets at end of year$799,287,528
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
Compare with another nonprofit
Names, privacy, and removal requests More
The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.
We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.
Your org? Add context
Made it to the end? Claim this org