Carnegie Institution of Washington
72% goes to programs $15 to raise $100 Strong reserves Declining revenue
Carnegie Institution of Washington is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1914, with $85,558,236 in FY2023 revenue. CharityIndex grades it C+, and it directs about 72% of spending to programs.
5251 Broad Branch Rd Nw, Washington, DC, 20015 EIN 53-0196523 Since 1914
Revenue (FY2023)
$85.6M
▼ 33.7% vs prior year
Science & Tech median: $288K
Expenses (FY2023)
$114.0M
Net assets
$1.1B
Employees
541
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →BProgram efficiency40% of the rating72% to programs · $15 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Carnegie Institution of Washington: 72% to programs · $15 to raise $100 earns a B on this criterion. See the exact thresholds →
DFinancial health25% of the rating114 mo reserves · -33% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carnegie Institution of Washington: 114 mo reserves · -33% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Carnegie Institution of Washington: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carnegie Institution of Washington: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o.
What they do
See schedule o.program service activity #2education - carnegie, a non-degree granting entity, is an advanced study organization at which highly qualified graduate scientists are offered postgraduate and postdoctoral training for careers in education and research. carnegie's postdoctoral scientific education is primarily conducted in the laboratory or in the field. the postdoctoral curriculum is heavily weighted toward training candidates to be capable researchers and teachers of research. the faculty consists of the professional staff of carnegie, all of whom pursue their own research. carnegie also offers certain training opportunities for predoctoral students who may go on to pursue advanced degrees at degree-granting institutions, as well as internship opportunities, both through formal programs and on an individual, case-by-case basis. the formal programs, in particular, make an effort to provide research opportunities and encouragement for considering stem careers to groups who are traditionally underrepresented in mathematics and the physical sciences. carnegie programs also train public elementary school teachers on how to incorporate interactive science instruction into all aspects of the curriculum; helps improve the instruction of mathematics education of public school children by training individuals with mathematics or related degrees to become classroom instructors; introduces and trains high school students to career education pathways in the field of biotechnology; and makes information available concerning carnegie's scientific research findings to students and the general public.
Contact & location
- Address
- 5251 Broad Branch Rd Nw, Washington, DC, 20015
- City
- Washington
- State
- District of Columbia
- Category
- Science & Technology
- Subcategory
- Physical & Earth Sciences
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $126.7M (FY2013) to $85.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $233.2MNet assets $1.1B
Operating margin
-33.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3B
Total liabilities
$233.2M
Net assets
$1.1B
Salaries & benefits
$63.3M
56% of expenses
Board members
20
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $85,558,236▼33.7% | $113,980,117▲3.0% | $1,083,655,819▲0.8% | $1,316,876,813▲0.8% | 990 |
| 2022 | $129,092,421▼21.6% | $110,650,959▲12.4% | $1,074,624,674▼1.9% | $1,306,902,993▲0.1% | 990 |
| 2021 | $164,744,772▲28.7% | $98,417,818▲5.9% | $1,094,945,923▼11.4% | $1,305,606,009▼10.2% | 990 |
| 2020 | $127,997,936▲73.1% | $92,955,434▼1.1% | $1,236,184,029▲26.9% | $1,453,446,708▲15.2% | 990 |
| 2019 | $73,959,417▼46.3% | $93,995,644▼2.2% | $974,233,954▼4.9% | $1,261,312,947▲4.6% | 990 |
| 2018 | $137,841,470▲52.8% | $96,120,041▼1.9% | $1,024,768,470▼3.2% | $1,206,419,667▼2.7% | 990 |
| 2017 | $90,205,505▼38.8% | $97,937,551▼2.4% | $1,058,823,195▲3.9% | $1,239,346,085▲2.9% | 990 |
| 2016 | $147,301,886▲102% | $100,297,805▼1.0% | $1,019,196,820▲6.6% | $1,204,970,912▲6.1% | 990 |
| 2015 | $72,946,617▼61.0% | $101,312,923▼0.4% | $956,185,454▼8.6% | $1,136,045,174▼7.3% | 990 |
| 2014 | $187,039,630▲47.6% | $101,736,380▲4.2% | $1,046,720,234▲0.8% | $1,225,278,694▲0.7% | 990 |
| 2013 | $126,694,521 | $97,659,587▼0.5% | $1,038,009,970▲12.8% | $1,216,450,412▲16.3% | 990 |
| 2012 | — | $98,142,315▼0.8% | $919,901,654▲6.6% | $1,045,664,817▲5.7% | 990 |
| 2011 | — | $98,981,894▲8.3% | $862,577,347▲1.3% | $989,395,941▲1.3% | 990 |
| 2010 | — | $91,365,985▲0.3% | $851,393,084▲15.5% | $976,554,195▲8.0% | 990 |
| 2009 | — | $91,128,853 | $737,447,739 | $904,176,713 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Dr Eric D Isaacs — $1,153,104 (1.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Eric D Isaacs | President | 40 | $1,153,104 |
| Michael Stambaugh | Chief Investment Officer | 40 | $1,019,170 |
| Margaret Mcfall-ngai | Division Director | 40 | $563,175 |
| John S Mulchaey | Division Director | 40 | $563,135 |
| Edward Lamade | Investment Director | 40 | $488,060 |
| Benjamin J Aderson | General Counsel & Secretary | 40 | $384,561 |
| Michael Walter | Division Director | 40 | $336,009 |
| Yixian Zheng | Division Director | 40 | $326,188 |
| Anna M Michalak | Department Director | 40 | $321,886 |
| Rebecca Bernstein | Scientific Staff Member | 40 | $304,380 |
| Maisha Williams | Chief Financial Officer (beg 04/23) | 40 | $301,288 |
| Zhiyong Wang | Acting Director & Snr Stf Sci | 40 | $245,868 |
| Elena Litchman | Scientific Staff Member | 40 | $242,306 |
| George D Cody | Scientific Staff Member | 40 | $237,388 |
| Anne Bonaparte | Trustee (beg 11/2023) | 2 | — |
| Christine M Mccarthy | Trustee | 2 | — |
| Christopher Ts Stone | Trustee | 1 | — |
| Craig R Barrett | Trustee/chairman | 6 | — |
| Cristian Samper | Trustee | 2 | — |
| David Spergel | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Stanton Blackwell | Temporary Staffing | $898,903 |
| Centric Consulting | It Consulting | $696,334 |
| Orr Group | Project Services | $529,374 |
| Csem Sa | Innovation Services | $526,767 |
| Huron Consulting Group | Consulting Firm | $246,425 |
Grants received · $20.9M total
132 grants to Carnegie Institution of Washington totaling $20.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $100,000 |
| Donors Trust Inc | For general operations | 2024 | $15,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $10,000 |
| Association of Universities For | Scientific research on data from hubble space telescope | 2023 | $1,083,356 |
| Howard Hughes Medical Institute | H. gray scholars - grant | 2023 | $414,690 |
| Johns Hopkins University | Sub-award | 2023 | $365,446 |
| Donald Danforth Plant Science Center | Research | 2023 | $325,589 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $100,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $92,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $50,302 |
| Trustees of Columbia University | Research | 2023 | $42,641 |
| Mayo Clinic | Support charitable programs | 2023 | $37,294 |
| National Philanthropic Tr | Human services | 2023 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $20,000 |
| Association of Universities For | Scientific research on data from hubble space telescope | 2022 | $757,144 |
Grants made · $31K in FY2018
4 grants totaling $31K in FY2018. All grants made by Carnegie Institution of Washington →
| Recipient | Purpose | Amount |
|---|---|---|
| Northwestern University | Participant support | $10,287 |
| Michigan State University | Participant support | $8,357 |
| University of Chicago | Participant support | $6,368 |
| University of Alabama At Birmingham | Participant support | $5,917 |
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Frequently asked questions
- Is Carnegie Institution of Washington a legitimate nonprofit?
- Yes. Carnegie Institution of Washington is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 53-0196523, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Carnegie Institution of Washington's EIN?
- Carnegie Institution of Washington's Employer Identification Number (EIN) is 53-0196523.
- How much revenue does Carnegie Institution of Washington report?
- Carnegie Institution of Washington reported $85,558,236 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Carnegie Institution of Washington's spending goes to programs?
- Carnegie Institution of Washington spends about 72% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Carnegie Institution of Washington have?
- CharityIndex grades Carnegie Institution of Washington C+, based on program efficiency and fundraising cost.
- How much does Carnegie Institution of Washington's highest-paid employee make?
- The highest reported compensation on Carnegie Institution of Washington's latest Form 990 is $1,153,104, paid to Dr Eric D Isaacs (President).
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Data for Carnegie Institution of Washington (EIN 53-0196523) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.