IRS 990 Nonprofit Profile
Worcester Polytechnic Institute
The university educates talented men and women in engineering, science, management, and humanities in preparation for careers of professional practice, civic contribution, and leadership, facilitated by active lifelong learning. (cont. On sch o) this educational process is true to the founders' directive to create, to discover, and to convey knowledge at the frontiers of academic inquiry for the betterment of society. Knowledge is created and discovered in the scholarly activities of faculty and students ranging across educational methodology, professional practice, and basic research. Knowledge is conveyed through scholarly publication and instruction. (http://www.wpi.edu/about/mission.html)
Financials
- Filing year
- 2023
- Total revenue
- $490.8M
- Total expenses
- $505.3M
- Total assets
- $1.3B
- Program expenses
- $418.2M
- Administration
- $78.0M
- Fundraising
- $9.2M
- Program share of expenses
- 83%
- EIN
- 42121659
- Sector
- Unknown, Unclassified
- Location
- Worcester, MA
Leadership and Compensation
- Jinliu Wang - President
- $895K
- Michael Horan - Treasurer, Executive VP & CFO
- $631K
- Winston Soboyejo - Provost (thru 09/2023)
- $612K
- David Bunis - Secretary & General Counsel
- $610K
- Lauren Turner - SVP Talent & Inclusion, Cdo
- $588K
- Philip Clay - VP Student Affairs
- $586K
- Donna Stock - VP University Advancement
- $503K
- Jean King - Dean Of Arts & Sciences
- $439K
- John Mcneil - Dean Of Engineering
- $425K
- Lee Moradi - Mechanical & Materials Eng Professor
- $412K
Officers, directors and key employees with total reported compensation, from Form 990 Part VII.
Governance
- Voting board members
- 24
- Independent members
- 23
Grants
- Grants to U.S. organizations and individuals
- $152.3M
- Grants outside the U.S.
- $2.0M
Foreign Activity
Reported $2.0M in grants and assistance outside the United States (Form 990 Part IX line 3; detail on Schedule F).
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Financial data on this page is sourced from IRS Form 990 filings.