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Mission
The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.
Basic Information
Tax-Exempt
Address
77 MASSACHUSETTS AVENUE NE49-3142, Cambridge, MA, United States 02139-4307
View all Cambridge charitiesFounded in
1861
EIN
04-2103594
Total Assets
$39.84 billion
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 1 of 1 goals
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
77
68
/100
Program Expense Ratio
80.65%
14
/20
Program Revenue Growth
7.22%
16
/20
Leverage Ratio
0.1666
16
/20
Working Capital Ratio
7.312
20
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2021
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 1.253B | 19.64% |
| Program Services | 2.585B | 40.53% |
| Investment Income | 113.4M | 1.78% |
| Sales of Non-Inventory Assets | 2.304B | 36.12% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 6.379B | 100.00% |