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BROAD INSTITUTE INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
BROAD INSTITUTE INC (EIN 26-3428781)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-13
IRS object ID
201621349349303962
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-13T12:09:03-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PRICEWATERHOUSECOOPERS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 SEAPORT BOULEVARDAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02210ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263428781EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BROAD INSTITUTE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% MARK DANIEL CFOInCareOfNm
Business Name ControlBROABusinessNameControlTxt
Phone6177147502PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1415 MAIN STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK DANIELPersonNm
Person TitleCFO/TREASURERPersonTitleTxt
Phone6177147502PhoneNum
Signature2016-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL TANISPreparerPersonNm
PTINP01441612PTIN
Phone6175305000PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerERIC S LANDER PRESIDENTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1415 MAIN STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$356,254,189GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BROADINSTITUTE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee1270TotalEmployeeCnt
Total Volunteers22TotalVolunteersCnt
Total Gross UBI$546,469TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$424,656NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$374,753,967PYContributionsGrantsAmt
CY Contributions Grants$311,160,792CYContributionsGrantsAmt
PY Program Service Revenue$13,668,555PYProgramServiceRevenueAmt
CY Program Service Revenue$26,065,257CYProgramServiceRevenueAmt
PY Investment Income$22,155,276PYInvestmentIncomeAmt
CY Investment Income$15,946,411CYInvestmentIncomeAmt
PY Other Revenue$1,047,964PYOtherRevenueAmt
CY Other Revenue$1,972,792CYOtherRevenueAmt
PY Total Revenue$411,625,762PYTotalRevenueAmt
CY Total Revenue$355,145,252CYTotalRevenueAmt
PY Grants And Similar Paid$29,868,897PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$28,771,886CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$116,162,307PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$120,090,535CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$253,587PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$224,379CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,538,481CYTotalFundraisingExpenseAmt
PY Other Expenses$156,728,071PYOtherExpensesAmt
CY Other Expenses$168,399,613CYOtherExpensesAmt
PY Total Expenses$303,012,862PYTotalExpensesAmt
CY Total Expenses$317,486,413CYTotalExpensesAmt
PY Revenues Less Expenses$108,612,900PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$37,658,839CYRevenuesLessExpensesAmt
Total Assets BOY$1,342,875,416TotalAssetsBOYAmt
Total Assets EOY$1,385,449,314TotalAssetsEOYAmt
Total Liabilities BOY$415,904,526TotalLiabilitiesBOYAmt
Total Liabilities EOY$411,340,160TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$926,970,890NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$974,109,154NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE INSTITUTE'S MISSION IS TO PROPEL PROGRESS IN BIOMEDICINE THROUGH RESEARCH AIMED AT THE UNDERSTANDING AND TREATMENT OF DISEASE, AND THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE FOR THE PUBLIC GOOD.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$255,024,684ExpenseAmt
Grant$28,771,886GrantAmt
Revenue$26,065,257RevenueAmt
DescSEE SCHEDULE O.Desc
Total Program Service Expenses$255,024,684TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsYes (true)InvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document214IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1270EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMARK DANIEL CFOPersonNm
Phone6177147502PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1415 MAIN STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ERIC S LANDER
DIRECTOR, PRESIDENT & CEO60.00.0Yes (X)Yes (X)$925,374$0$149,822
ELI BROAD
DIRECTOR1.00.0Yes (X)$0$0$0
DAVID BALTIMORE
DIRECTOR1.00.0Yes (X)$0$0$0
DREW GILPIN FAUST
DIRECTOR1.00.0Yes (X)$0$0$0
JEFFREY FLIER
DIRECTOR1.00.0Yes (X)$0$0$0
LOUIS V GERSTNER JR
DIRECTOR1.00.0Yes (X)$0$0$0
SETH KLARMAN
DIRECTOR1.00.0Yes (X)$0$0$0
WILLIAM HELMAN
DIRECTOR1.00.0Yes (X)$0$0$0
ARTHUR LEVINSON
DIRECTOR1.00.0Yes (X)$0$0$0
ELIZABETH NABEL
DIRECTOR1.00.0Yes (X)$0$0$0
L RAFAEL REIF
DIRECTOR1.00.0Yes (X)$0$0$0
ERIC E SCHMIDT
DIRECTOR1.00.0Yes (X)$0$0$0
PHILLIP SHARP
DIRECTOR1.00.0Yes (X)$0$0$0
DIANA CHAPMAN WALSH
DIRECTOR (UNT 6/15)1.00.0Yes (X)$0$0$0
JUSTINE LEVIN-ALLERHAND
CHIEF DEVELOP/CLERK (BEG 5/14)60.00.0Yes (X)$385,630$0$51,207
SAMANTHA SINGER
COO & TREASURER (BEG 8/14)60.00.0Yes (X)$364,548$0$22,896
DIANE KINCH CORRY
BOD ADMIN/ASST CLERK (BEG 5/1460.00.0Yes (X)$92,411$0$9,251
ALAN FEIN
DEPUTY DIR/EVP/CLERK (UNT 5/1460.00.0Yes (X)$559,966$0$70,158
DIANE MACDONALD
CFO & TREASURER (UNT 8/14)60.00.0Yes (X)$442,871$0$44,409
KERI LYNN STALKER
ASST DIR/ASST CLERK (UNT 5/14)60.00.0Yes (X)$125,484$0$19,420
BRIAN HUBBARD
DIR. OF THERAPEUTIC DISC & DEV60.00.0$331,395$0$46,807Yes (X)
STACEY GABRIEL
SR. DIR. GENOMICS PLATFORM60.00.0$313,417$0$33,553Yes (X)
CLARE MIDGLEY
CHIEF COMMUNICATIONS OFFICER60.00.0$291,016$0$16,662Yes (X)
STACEY DONNELLY
SR. DIR. STRATEGIC OPERATIONS60.00.0$267,217$0$24,815Yes (X)
DANIELLE PERRIN
DIR. TECHNOLOGY DEVELOPMENT60.00.0$264,328$0$13,311Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,363,657TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$502,311TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K257IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SUFFOLK CONSTRUCTION COMPANY INC
65 ALLERTON STREETBOSTONMA02119CONSTRUCTION$26,266,920
SIENA CONSTRUCTION CORPORATION
25 BIRCH STREETCAMBRIDGEMA02138CONSTRUCTION$3,588,612
VEDDER PRICE PC
1633 BROADWAY 47TH FLOORNEW YORKNY10019LEGAL$2,179,254
NEXTSOURCE INC
1040 AVENUE OF THE AMERICASNEW YORKNY10018TEMPORARY HELP$1,582,832
ROPES GRAY LLP
800 BOYLSTON STREETBOSTONMA02199LEGAL$1,488,569
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K63CntrctRcvdGreaterThan100KCnt
Government Grants$84,725,263GovernmentGrantsAmt
All Other Contributions$226,435,529AllOtherContributionsAmt
Noncash Contributions$2,273,718NoncashContributionsAmt
Total Contributions$311,160,792TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RESEARCH541700$24,817,297$24,817,297
OTHER PROGRAM SERVICE REVENUE900099$1,247,960$1,247,960
FieldValueIRS element (for citing)
Total Program Service Revenue$26,065,257TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,479,537TotalRevenueColumnAmt
Unrelated Business Revenue$243,577UnrelatedBusinessRevenueAmt
Exclusion$1,235,960ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,939,677TotalRevenueColumnAmt
Exclusion$1,939,677ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$79,709RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$46,594RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$33,115RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,115TotalRevenueColumnAmt
Exclusion$33,115ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$14,745,315SecuritiesAmt
Other$783,902OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$1,062,343OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$14,745,315SecuritiesAmt
Other-$278,441OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,466,874TotalRevenueColumnAmt
Unrelated Business Revenue$302,892UnrelatedBusinessRevenueAmt
Exclusion$14,163,982ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$355,145,252TotalRevenueColumnAmt
Related Or Exempt Func Income$26,065,257RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$546,469UnrelatedBusinessRevenueAmt
Exclusion$17,372,734ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$26,919,430TotalAmt
Program Services$26,919,430ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,852,456TotalAmt
Program Services$1,852,456ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,044,722TotalAmt
Program Services$376,674ProgramServicesAmt
Management And General$2,171,188ManagementAndGeneralAmt
Fundraising$496,860FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$91,238,542TotalAmt
Program Services$72,291,760ProgramServicesAmt
Management And General$17,205,438ManagementAndGeneralAmt
Fundraising$1,741,344FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,888,758TotalAmt
Program Services$5,341,820ProgramServicesAmt
Management And General$1,450,007ManagementAndGeneralAmt
Fundraising$96,931FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$12,828,640TotalAmt
Program Services$9,947,842ProgramServicesAmt
Management And General$2,700,287ManagementAndGeneralAmt
Fundraising$180,511FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,089,873TotalAmt
Program Services$4,722,332ProgramServicesAmt
Management And General$1,281,851ManagementAndGeneralAmt
Fundraising$85,690FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,922,422TotalAmt
Program Services$17,726ProgramServicesAmt
Management And General$2,861,112ManagementAndGeneralAmt
Fundraising$43,584FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$293,232TotalAmt
Management And General$293,232ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$960TotalAmt
Management And General$960ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$224,379TotalAmt
Fundraising$224,379FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,580,156TotalAmt
Management And General$1,580,156ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$20,870,609TotalAmt
Program Services$10,680,633ProgramServicesAmt
Management And General$10,152,798ManagementAndGeneralAmt
Fundraising$37,178FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$645,962TotalAmt
Program Services$311,444ProgramServicesAmt
Management And General$197,239ManagementAndGeneralAmt
Fundraising$137,279FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$731,193TotalAmt
Program Services$197,307ProgramServicesAmt
Management And General$526,639ManagementAndGeneralAmt
Fundraising$7,247FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,850,575TotalAmt
Program Services$1,562,225ProgramServicesAmt
Management And General$4,275,206ManagementAndGeneralAmt
Fundraising$13,144FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$45,147,372TotalAmt
Program Services$39,160,110ProgramServicesAmt
Management And General$5,940,093ManagementAndGeneralAmt
Fundraising$47,169FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,577,536TotalAmt
Program Services$1,810,923ProgramServicesAmt
Management And General$670,636ManagementAndGeneralAmt
Fundraising$95,977FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,645,981TotalAmt
Program Services$981,906ProgramServicesAmt
Management And General$2,527,686ManagementAndGeneralAmt
Fundraising$136,389FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$16,542,061TotalAmt
Program Services$14,310,160ProgramServicesAmt
Management And General$2,120,306ManagementAndGeneralAmt
Fundraising$111,595FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$38,744,750TotalAmt
Program Services$36,491,262ProgramServicesAmt
Management And General$2,173,796ManagementAndGeneralAmt
Fundraising$79,692FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$540,952TotalAmt
Program Services$2,021ProgramServicesAmt
Management And General$538,931ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MATERIALS & SERVICES$25,429,979$25,366,581$63,367$31
OTHER$2,875,873$2,680,072$192,320$3,481

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$317,486,413TotalAmt
Program Services$255,024,684ProgramServicesAmt
Management And General$58,923,248ManagementAndGeneralAmt
Fundraising$3,538,481FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$80,010,523BOYAmt
EOY$75,300,304EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$46,290,219BOYAmt
EOY$45,807,422EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$436,775,141BOYAmt
EOY$408,012,716EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,822,057BOYAmt
EOY$36,998,070EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,878,333BOYAmt
EOY$418,333EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$9,705,738BOYAmt
EOY$13,958,292EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$22,789,696BOYAmt
EOY$58,061,840EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$508,459,516LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$148,198,415LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$367,305,865BOYAmt
EOY$360,261,101EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$328,959,631BOYAmt
EOY$353,330,520EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$23,338,213BOYAmt
EOY$33,300,716EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,342,875,416BOYAmt
EOY$1,385,449,314EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$47,383,747BOYAmt
EOY$42,941,302EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$27,289,135BOYAmt
EOY$36,606,190EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$263,970,532BOYAmt
EOY$263,852,155EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,245,092EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$77,261,112BOYAmt
EOY$62,695,421EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$415,904,526BOYAmt
EOY$411,340,160EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$168,650,438BOYAmt
EOY$173,964,425EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$177,568,147BOYAmt
EOY$184,095,996EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$580,752,305BOYAmt
EOY$616,048,733EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$926,970,890BOYAmt
EOY$974,109,154EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,342,875,416BOYAmt
EOY$1,385,449,314EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$37,658,839ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$10,719,515NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts-$85,170DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets$20,284,110OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$332,968,763CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$270,301,728CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$337,440,929CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$374,753,967CurrentTaxYearMinus1YearAmt
Current Tax Year$311,160,792CurrentTaxYearAmt
Total$1,626,626,179TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$332,968,763CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$270,301,728CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$337,440,929CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$374,753,967CurrentTaxYearMinus1YearAmt
Current Tax Year$311,160,792CurrentTaxYearAmt
Total$1,626,626,179TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$361,749,608SubstantialContributorsTotAmt
Public Support Total170$1,264,876,571PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,830,201CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$766,449CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,201,924CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,532,590CurrentTaxYearMinus1YearAmt
Current Tax Year$3,255,346CurrentTaxYearAmt
Total$10,586,510TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$218,591CurrentTaxYearMinus1YearAmt
Current Tax Year$471,887CurrentTaxYearAmt
Total$690,478TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$1,637,903,167TotalSupportAmt
Gross Receipts Rltd Activities$72,105,956GrossReceiptsRltdActivitiesAmt
Public Support CY1700.77225PublicSupportCY170Pct
Public Support PY1700.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$960OtherActivitiesAmt
Total Lobbying Expenditures$960TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind
Form4720 Filed4912 TaxfalseForm4720Filed4912TaxInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceLobbying ActivitiesFormAndLineReferenceDesc
ExplanationSchedule C, Part II-B The Broad Institute belongs to a membership organization which engageS in lobbying activities. Dues of $960 have been specifically identified as pertaining to lobbying.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$599,708,067BeginningYearBalanceAmt
Contributions$39,030,414ContributionsAmt
Investment Earnings Or Losses$3,241,258InvestmentEarningsOrLossesAmt
Other Expenditures$25,931,007OtherExpendituresAmt
End Year Balance$616,048,732EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$567,308,036BeginningYearBalanceAmt
Contributions$34,568,695ContributionsAmt
Investment Earnings Or Losses$26,631,120InvestmentEarningsOrLossesAmt
Other Expenditures$28,799,784OtherExpendituresAmt
End Year Balance$599,708,067EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$520,262,375BeginningYearBalanceAmt
Contributions$46,565,971ContributionsAmt
Investment Earnings Or Losses$27,643,695InvestmentEarningsOrLossesAmt
Other Expenditures$27,164,005OtherExpendituresAmt
End Year Balance$567,308,036EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$512,583,650BeginningYearBalanceAmt
Contributions$6,353,339ContributionsAmt
Investment Earnings Or Losses$1,325,386InvestmentEarningsOrLossesAmt
End Year Balance$520,262,375EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$451,866,849BeginningYearBalanceAmt
Contributions$53,364,300ContributionsAmt
Investment Earnings Or Losses$7,352,501InvestmentEarningsOrLossesAmt
End Year Balance$512,583,650EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$25,000,000OtherCostOrOtherBasisAmt
Book Value$25,000,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$293,732,104OtherCostOrOtherBasisAmt
Depreciation$14,650,765DepreciationAmt
Book Value$279,081,339BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,917,362OtherCostOrOtherBasisAmt
Depreciation$26,948,437DepreciationAmt
Book Value$11,968,925BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$150,194,686OtherCostOrOtherBasisAmt
Depreciation$106,599,213DepreciationAmt
Book Value$43,595,473BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$615,364OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$615,364BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$360,261,101TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescFUND OF FUNDSDesc
Book Value$353,330,520BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$353,330,520TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$363,890,546TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$10,719,515NetUnrealizedGainsInvstAmt
Other Revenue$20,284,110OtherRevenueAmt
Revenue Not Reported$9,564,595RevenueNotReportedAmt
Revenue Subtotal$354,325,951RevenueSubtotalAmt
Investment Expenses Not Incld$1,580,156InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$760,855OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$819,301RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$355,145,252TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$316,752,282TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$85,170DonatedServicesUseFcltsAmt
Other Expenses Included$760,855OtherExpensesIncludedAmt
Expenses Not Reported$846,025ExpensesNotReportedAmt
Expenses Subtotal$315,906,257ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,580,156InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$1,580,156ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$317,486,413TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
AGENCY FUNDSSCHEDULE D, PART IV, LINE 2b THE BROAD INSTITUTE IS AN AGENT FOR FUNDS OF THE STARR CANCER CONSORTIUM (SCC) WHICH ARE INCLUDED ON FORM 990, PART X, LINE 2. AN OFFSETTING LIABILITY IS REPORTED FOR THE SAME AMOUNT ON FORM 990, PART X, LINE 21. THE SCC IS A COLLABORATIVE RESEARCH FRAMEWORK AMONG FIVE INSTITUTIONS INCLUDING THE BROAD INSTITUTE.
ENDOWMENTSCHEDULE D, PART V, LINE 4 THE BROAD INSTITUTE'S ENDOWMENT FUNDS ARE USED TO SUPPORT THE INSTITUTE'S PRIMARY RESEARCH MISSION OF GENOMIC-BASED SCIENTIFIC RESEARCH.
OTHER LIABILITIESSCHEDULE D, PART X, LINE 2 THE BROAD INSTITUTE DOES NOT HAVE A FIN 48 (ASC 740) STATEMENT.
RECONCILIATION OF REVENUE/EXPENSESSCHEDULE D, PART XI, 2D THE INSTITUTE HAS A BENEFICIAL INTEREST IN TRUST. THE INSTITUTE RECOGNIZES ITS INTEREST IN THE TRUST WITH CHANGES RECOGNIZED IN NONOPERATING ACTIVITIES OF THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, 4B AND PART XII, 2D LOSSES ON ASSET SALES OF $714,261 AND RENTAL EXPENSES OF $46,594 ARE REPORTED AS EXPENSES IN THE INSTITUTE'S FINANCIAL STATEMENTS.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtEmployeeEmployeeCnt
North AmericaGrantmakingResearch$696,600
Europe (Including Iceland and Greenland)GrantmakingResearch$512,700
East Asia and the PacificGrantmakingResearch$472,366
Middle East and North AfricaGrantmakingResearch$170,790
Europe (Including Iceland and Greenland)Program ServicesResearch$112,5881
Middle East and North AfricaProgram ServicesResearch$97,1061
East Asia and the PacificProgram ServicesResearch$54,5491
FieldValueIRS element (for citing)
Subtotal Employees3SubtotalEmployeesCnt
Total Employee3TotalEmployeeCnt
Subtotal Spent$2,116,699SubtotalSpentAmt
Total Spent$2,116,699TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (11 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
East Asia and the PacificSubaward$433,292WIRE
East Asia and the PacificSubaward$39,074CHECK
Europe (Including Iceland and Greenland)Subaward$392,535WIRE
Europe (Including Iceland and Greenland)Subaward$100,665WIRE
Europe (Including Iceland and Greenland)Subaward$41,000WIRE
Europe (Including Iceland and Greenland)Subaward$38,000WIRE
Europe (Including Iceland and Greenland)Subaward$12,500CHECK
Middle East and North AfricaSubaward$170,790CHECK
North AmericaSubaward$633,431WIRE
North AmericaSubaward$31,741CHECK
North AmericaSubaward$31,428CHECK
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE F PART I LINE 2FormAndLineReferenceDesc
ExplanationThe Institute assigns responsibility for monitoring the use of grant funds outside of the United States to its Office of Sponsored Research. This office monitors all grant making activity including all applicable compliance regulations. Monitoring includes periodic reviews of budget to actual reports by both the Office of Sponsored Research and the Principal Investigator to ensure funds are used according to the agreement. Expenses are accounted for on an accrual basis.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Email SolicitationsYes (X)EmailSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (6 entries)

ActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndRetained By ContractorRetainedByContractorAmt
THE HELEN BROWN GROUP
CONSULTINGfalse$69,600
Pentagram Design Inc
CONSULTINGfalse$54,045
Reichenbach Consulting LLC
CONSULTINGfalse$51,437
SMARTWEBS INC
CONSULTINGfalse$35,000
SARAH M JACKSON
CONSULTINGfalse$7,200
BLACKBAUD INC
CONSULTINGfalse$7,097
FieldValueIRS element (for citing)
Total Retained By Contractors$224,379TotalRetainedByContractorsAmt
Licensed StatesMALicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (47 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ACME BIOSCIENCE INC
3941 East Bayshore RdPALO ALTOCA94303943411673N/A$437,873Program Support
Battelle Memorial Institute
PO Box 999RICHLANDWA99352314379427501(c)(3)$349,303Program Support
Baylor College of Medicine
One Baylor PlazaHOUSTONTX770303411741613878501(c)(3)$148,042Program Support
Beryllium LLC
7869 NE DAY RD WBAINBRIDGE ISLEWA98110911821586N/A$978,647Program Support
BETH ISRAEL DEACONESS MEDICAL CTR
330 Brookline AveBOSTONMA02215042103881501(c)(3)$431,357Program Support
BRIGHAM & WOMENS HOSPITAL
75 FRANCIS STREETBOSTONMA02115042312909501(c)(3)$623,900Program Support
Brown University
1 Prospect StreetProvidenceRI02912050258809501(c)(3)$24,363Program Support
Cedars-Sinai Medical Center
8700 Beverly BlvdLOS ANGELESCA90048951644600501(c)(3)$223,220Program Support
CHILDRENS HOSPITAL OF BOSTON
300 LONGWOOD AVEBOSTONMA02115042774441501(c)(3)$1,070,205Program Support
Cincinnati Children's Hospital
3333 Burnett AveCINCINNATIOH452293039310833936501(c)(3)$58,776Program Support
COLUMBIA UNIVERSITY
535 W 116th St Ste 116NEW YORKNY10027135598093501(c)(3)$10,103Program Support
DANA FARBER CANCER INSTITUTE
BP451 450 BROOKLINE AVEBOSTONMA02215042263040501(c)(3)$854,295Program Support
Emory University
1599 Clifton Rd NEATLANTAGA30322580566256501(c)(3)$121,991Program Support
FRED HUTCHINSON CANCER RES CTR
1100 FAIRVIEW AVESEATTLEWA98109237156071501(c)(3)$1,442,629Program Support
HARVARD UNIVERSITY
1350 MASS AVECAMBRIDGEMA021383800042103580501(c)(3)$8,508,840Program Support
INDIANA UNIVERSITY
107 S Indiana AveBloomingtonIN47405356018940501(c)(3)$284,956Program Support
JOHNS HOPKINS UNIVERSITY
3400 n CHARLES STBALTIMOREMD212182686520595110501(c)(3)$263,825Program Support
JOSLIN DIABETES CTR
One Joslin PlBOSTONMA02215042203836501(c)(3)$43,156Program Support
MASSACHUSETTS GENERAL HOSPITAL
55 FRUIT STREETBOSTONMA021142517041564655501(c)(3)$4,798,917Program Support
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASS AVECAMBRIDGEMA02139042103594501(c)(3)$3,147,574Program Support
Memorial Sloan Kettering Cancer Center
1275 York AvenueNEW YORKNY100656007131924236501(c)(3)$87,000Program Support
MOUNT SINAI MEDICAL CENTER
1425 MADISON AVENUENEW YORKNY10029136171197501(c)(3)$37,048Program Support
Regents of the University of Colorado
3100 Marine StBOULDERCO803031058846000555501(c)(3)$8,924Program Support
Rush University Medical Center
1653 West Congress PkwyChicagoIL60612362174823501(c)(3)$301,766Program Support
Sage Bionetworks
1100 Fairview Ave NSEATTLEWA981091024264489946501(c)(3)$85,496Program Support
SANARIA INC
9800 MEDICAL CTR DRROCKVILLEMD20850562354362N/A$586,600Program Support
Stanford University
PO BOX 44253SAN FRANCISCOCA941444253941156365501(c)(3)$80,437Program Support
The George Washington University
44983 Knoll SquareAshburnVA201472692530196584501(c)(3)$8,512Program Support
THE REGENTS OF THE UNIVERSITY OF UCLA
405 Hilgard AveLOS ANGELESCA900959000956006143Govt$102,803Program Support
THE RESEARCH FOUNDATION OF SUNY
PO BOX 9ALBANYNY12201141368361501(c)(3)$154,092Program Support
THE UNIV OF MASSACHUSETTS MEDICAL SCHOOL
55 LAKE AVE NORTHWORCESTERMA01655043167352GOVT$78,106Program Support
THE UNIVERSITY OF MISSISSIPPI
2500 NORTH STATE STREETJACKSONMS39216646008520Gov't$50,451Program Support
The University of Texas-MD Anderson Cancer Ctr
1515 Holcombe BlvdHOUSTONTX77030746001118Gov't$22,533Program Support
TRUSTEES OF BOSTON UNIVERSITY
44 CUMMINGTON STBOSTONMA022151303042103547501(c)(3)$62,265Program Support
TULANE UNIVERSITY SCHOOL OF MEDICINE
1430 TULANE AVENEW ORLEANSLA70112720423889501(c)(3)$14,520Program Support
UC REGENTS UNIVERSITY OF CALIFORNIA
9500 GILMAN DRLA JOLLACA92093956006144501(C)(3)$94,335Program Support
University of Connecticut Health Center
263 Farmington AveFarmingtonCT06030521725543501(C)(3)$43,405Program Support
University of California Berkeley
2150 Shattuck AveBerkeleyCA94704946002123Gov't$6,163Program Support
University of California Santa Cruz
1156 High StreetSanta CruzCA95064941539563Gov't$99,225Program Support
University of Maryland Baltimore
1420 N Charles StreetBaltimoreMD21201526002033Gov't$166,538Program Support
University of Notre Dame
940 Grace HallNotre DameIN46556350868188501(C)(3)$8,000Program Support
University of Pittsburgh
4200 Fifth AvePittsburghPA15260250965591501(C)(3)$23,000Program Support
University of Southern California
3500 S Figeuroa StLos AngelesCA90089951642394501(C)(3)$58,870Program Support
University of Washington
4333 Brooklyn AveSEATTLEWA98195916001537Gov't$379,308Program Support
Washington University School
660 S Euclid AveSt LouisMO63110430653611501(c)(3)$269,187Program Support
Weill Cornell Medical College
445 E 69th StNew YorkNY10021131623978501(c)(3)$379,000Program Support
Yale University
PO Box 208239New HavenCT065208239060646973501(c)(3)$64,307Program Support
FieldValueIRS element (for citing)
Total501c3 Org44Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I PART I LINE 2FormAndLineReferenceDesc
ExplanationTHE INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS INSIDE OF THE UNITED STATES TO ITS OFFICE OF SPONSORED RESEARCH. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY BOTH THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ERIC S LANDER
DIRECTOR, PRESIDENT & CEO$834,417$0$0$0$90,957$0$128,335$0$21,487$0$1,075,196$0$0$0
JUSTINE LEVIN-ALLERHAND
CHIEF DEVELOP/CLERK (BEG 5/14)$327,911$0$40,000$0$17,719$0$23,250$0$27,957$0$436,837$0$0$0
SAMANTHA SINGER
COO & TREASURER (BEG 8/14)$362,560$0$0$0$1,988$0$0$0$22,896$0$387,444$0$0$0
ALAN FEIN
DEPUTY DIR/EVP/CLERK (UNT 5/14$489,754$0$0$0$70,212$0$47,981$0$22,177$0$630,124$0$0$0
DIANE MACDONALD
CFO & TREASURER (UNT 8/14)$248,130$0$0$0$194,741$0$21,750$0$22,659$0$487,280$0$0$0
BRIAN HUBBARD
DIR. OF THERAPEUTIC DISC & DEV$314,610$0$0$0$16,785$0$23,250$0$23,557$0$378,202$0$0$0
STACEY GABRIEL
SR. DIR. GENOMICS PLATFORM$293,732$0$0$0$19,685$0$22,814$0$10,739$0$346,970$0$0$0
CLARE MIDGLEY
CHIEF COMMUNICATIONS OFFICER$282,718$0$0$0$8,298$0$6,425$0$10,237$0$307,678$0$0$0
STACEY DONNELLY
SR. DIR. STRATEGIC OPERATIONS$242,411$0$0$0$24,806$0$21,098$0$3,717$0$292,032$0$0$0
DANIELLE PERRIN
DIR. TECHNOLOGY DEVELOPMENT$263,792$0$0$0$536$0$4,515$0$8,796$0$277,639$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PROVISIONS OF BENEFITSFORM 990, SCHEDULE J, LINE 1B AS AN ELEMENT OF HIS EMPLOYMENT CONTRACT, THE PRESIDENT/CEO RECEIVED A HOUSING ALLOWANCE. THIS BENEFIT WAS APPROVED AS A PART OF THE COMPENSATION REVIEW PROCESS. AS AN ELEMENT OF HIS EMPLOYMENT CONTRACT, THE PRESIDENT/CEO RECEIVED GROSS-UP PAYMENTS ON HIS HOUSING ALLOWANCE AND PAYMENTS OF TUITION. THESE BENEFITS WERE APPROVED AS A PART OF THE COMPENSATION REVIEW PROCESS. ALL OF THESE AMOUNTS ARE REFLECTED IN THE "OTHER REPORTABLE COMPENSATION" AMOUNT ON SCHEDULE J, PART II, COLUMN B (III). FIRST-CLASS TRAVEL FOR OFFICERS AND CERTAIN EMPLOYEES OCCURS ON OVERSEAS FLIGHTS AND IN OTHER LIMITED SITUATIONS. THIS TRAVEL IS FOR BUSINESS PURPOSES, THEREFORE, THE VALUE IS NOT TREATED AS TAXABLE WAGES. THE PRESIDENT/CEO AND CHIEF DEVELOPMENT OFFICER WERE THE ONLY LISTED INDIVIDUALS WHO USED FIRST-CLASS TRAVEL DURING THE YEAR ENDED JUNE 30, 2015. THE INSTITUTE PAID SIX MONTHS OF OUTPLACEMENT SERVICES IN 2014 TO ASSIST THE FORMER CFO WITH THE LISTED INDIVIDUAL'S JOB SEARCH. THE VALUE WAS NOT TREATED AS TAXABLE WAGES IN ACCORDANCE WITH IRS GUIDELINES.
SEVERANCE PAYMENTFORM 990, SCHEDULE J, LINE 4A IN ACCORDANCE WITH THE SEVERANCE AGREEMENT DATED MAY 28, 2014, DIANE MACDONALD RECEIVED MONTHLY SEVERANCE PAY AND BENEFITS FROM SEPTEMBER 1, 2014 TO MAY 15, 2015. TOTAL SEVERANCE PAID THROUGH DECEMBER 31, 2014 WAS $145,333, INCLUDING BENEFITS OF $8,177.
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANFORM 990, SCHEDULE J, LINE 4B AS AN ELEMENT OF HIS AMENDED AND RESTATED EMPLOYMENT CONTRACT EFFECTIVE JULY 1, 2014, THE PRESIDENT/CEO WILL BE ENTITLED TO RECEIVE LUMP SUM PAYMENTS ON JUNE 30, 2018 AND 2019 IF HE REMAINS IN THE POSITION OF CORE FACULTY MEMBER OF THE BROAD INSTITUTE. ALAN FEIN AND DIANE MACDONALD RECEIVED PAYMENT FROM THE INSTITUTE'S 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN IN JULY 2014 IN THE AMOUNTS OF $50,000 AND $25,000, RESPECTIVELY.
NON-FIXED PAYMENTSFORM 990, SCHEDULE J, LINE 7 NON-FIXED PAYMENTS INCLUDE PERFORMANCE BONUSES, WHICH WERE GIVEN TO A CERTAIN OFFICER.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MASS DEVELOPMENT FINANCE AGENCY - SERIES A (2011)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN043431814BondIssuerEIN
CUSIP57583UCGICUSIPNum
Bond Issued2011-05-05BondIssuedDt
Issue Price$265,470,128IssuePriceAmt
PurposeAQUISITION & CONSTRUCTIONPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$0RetiredAmt
Bond Defeased$0BondDefeasedAmt
Total Proceeds$265,470,128TotalProceedsAmt
In Reserve Fund$0InReserveFundAmt
Capitalized Interest$39,031,801CapitalizedInterestAmt
Refunding Escrow$0RefundingEscrowAmt
Issuance Costs From Proceeds$2,211,516IssuanceCostsFromProceedsAmt
Credit Enhancement$0CreditEnhancementAmt
Working Capital Expenditures$0WorkingCapitalExpendituresAmt
Capital Expenditures$224,226,811CapitalExpendituresAmt
Other Spent Proceeds$0OtherSpentProceedsAmt
Unspent$0UnspentAmt
Substantial Completion2014SubstantialCompletionYr
Current RefundingfalseCurrentRefundingInd
Advance RefundingfalseAdvanceRefundingInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsYes (true)AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropfalseMgmtContractBondFincdPropInd
Any Research AgreementsYes (true)AnyResearchAgreementsInd
Engage Bond Counsel ResearchYes (true)EngageBondCounselResearchInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Remedial Action TakenfalseRemedialActionTakenInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetfalseRebateNotDueYetInd
Exception To RebatefalseExceptionToRebateInd
No Rebate DueYes (true)NoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (true)ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceARBITRAGE REBATE COMPUTATIONFormAndLineReferenceDesc
ExplanationPART IV, LINE 2C THE MASS DEVELOPMENT FINANCE AGENCY REVENUE BONDS SERIES A (2011) REBATE COMPUTATION FOR THE PERIOD ENDING JUNE 30, 2015 WAS PERFORMED ON SEPTEMBER 17, 2015.ExplanationTxt

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArtGrp
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp
Securities Publicly TradedSecuritiesPubliclyTradedGrp
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment4$2,236,761Replacement value
Yes (X)Supplies1$36,957Replacement value
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, Column (b)FormAndLineReferenceDesc
ExplanationThe number of contributions are used for reporting the list of noncash contributions.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
ORGANIZATION'S MISSIONFORM 990, PART I, LINE 1 THE INSTITUTE'S MISSION IS TO PROPEL PROGRESS IN BIOMEDICINE THROUGH RESEARCH AIMED AT THE UNDERSTANDING AND TREATMENT OF DISEASE, AND THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE FOR THE PUBLIC GOOD. VOLUNTEERS FORM 990, PART I, LINE 6 THE BROAD INSTITUTE DOES NOT FORMALLY TRACK VOLUNTEERS BUT HAS INCLUDED THE NUMBER OF BOARD MEMBERS AND COMMITTEE MEMBERS OF THE BOARD OF DIRECTORS THAT ARE UNCOMPENSATED. STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4A THE BROAD INSTITUTE OPERATES FOR EDUCATIONAL AND SCIENTIFIC PURPOSES AND IS A RESEARCH INSTITUTION AIMED AT PROPELLING THE TRANSFORMATION OF MEDICINE, BY BRINGING POWERFUL NEW APPROACHES TO BEAR ON THE UNDERSTANDING AND TREATMENT OF DISEASE. ITS RESEARCH PROGRAM ENCOMPASSES MULTIDISCIPLINARY AND INTEGRATED PROGRAMS IN CANCER, CELL CIRCUITS, CHEMICAL BIOLOGY, EPIGENOMICS, GENOME SEQUENCING AND ANALYSIS, INFECTIOUS DISEASE, MEDICAL AND POPULATION GENETICS, METABOLISM, AND PSYCHIATRIC DISORDERS. BROAD TEAMS CARRY OUT LARGE-SCALE PROJECTS TACKLING PROBLEMS THAT CANNOT BE DONE IN A TYPICAL LABORATORY. SUCH TEAMS INCLUDE GENOMICS, IMAGING, METABOLIC PROFILING, PROTEOMICS, GENETIC PERTUBATION, TECHNOLOGY LABS, AND THERAPEUTIC DEVELOPMENT. THERE WERE A TOTAL OF 963 PUBLICATIONS IN 2014 RESULTING FROM BROAD RESEARCH, WITH OVER 5,400 PUBLICATIONS TO DATE. THE BROAD INSTITUTE HOLDS AN ANNUAL SCIENTIFIC RETREAT, A TWO-DAY MEETING FEATURING PRESENTATIONS AND POSTERS ON A VARIETY OF RESEARCH PROJECTS ACROSS THE INSTITUTE, ATTENDED BY ALMOST A THOUSAND RESEARCHERS FROM THE BROAD COMMUNITY. THE BROAD'S EDUCATIONAL OUTREACH PROGRAM ENGAGES BOSTON-CAMBRIDGE AREA HIGH SCHOOL STUDENTS IN SCIENTIFIC RESEARCH BY PROVIDING SUMMER INTERNSHIPS AND SEMESTER-LONG RESEARCH PROJECTS. IN 2014, 14 HIGH SCHOOL STUDENTS PARTICIPATED IN A SUMMER SCHOLARS PROGRAM, ONE HIGH SCHOOL STUDENT PARTICIPATED IN RESEARCH PROJECTS DURING THE ACADEMIC YEAR, ONE HIGH SCHOOL STUDENT INTERNED WITH THE OFFICE OF EDUCATION AND OUTREACH DURING THE ACADEMIC YEAR, AND ONE UNDERGRADUATE STUDENT INTERNED WITH THE OFFICE OF EDUCATION AND OUTREACH DURING THE ACADEMIC YEAR AND SUMMER. IN ADDITION, THE EDUCATIONAL PROGRAM SPONSORS CLASS VISITS TO THE BROAD. THERE WERE 66 EDUCATIONAL TOURS IN 2014 THAT INCLUDED APPROXIMATELY 1,500 MIDDLE SCHOOL, HIGH SCHOOL, UNDERGRADUATE, AND GRADUATE STUDENTS, AS WELL AS POSTDOCTORAL SCHOLARS AND MEMBERS OF PARTNER INSTITUTIONS. BROAD ALSO TRAVELED TO SEVERAL LOCAL SCHOOLS TO PARTICIPATE IN CAREER PANELS AND JUDGE A SCIENCE FAIR, SERVING APPROXIMATELY 300 STUDENTS. THERE WERE FOUR MIDSUMMER NIGHTS' SCIENCE AND ONE SCIENCE FOR ALL SEASONS PUBLIC LECTURES WITH APPROXIMATELY 1,300 ATTENDEES. BROAD PARTICIPATED IN NETPALS IN 2014, WHICH MATCHED 25 MIDDLE SCHOOL STUDENTS WITH 25 SCIENTIST MENTORS. IN 2014, BROAD BEGAN A PARTNERSHIP WITH CAMBRIDGE PUBLIC SCHOOLS SPECIFICALLY RELATED TO GENETICS AND EVOLUTION THAT INCLUDES 8TH GRADE CURRICULUM DESIGN, CO-PLANNING WITH TEACHERS AND SCIENTISTS, AND CLASSROOM VISITS. THIS INITIATIVE INVOLVED 24 SCIENTISTS, 10 TEACHERS/SCHOOL STAFF, AND 350 STUDENTS. ALSO IN 2014, THE EDUCATIONAL PROGRAM WORKED WITH BROAD SCIENTISTS TO DESIGN AND PILOT TWO LESSONS IN THREE LOCAL HIGH SCHOOLS THAT ALLOWED STUDENTS TO ANALYZE BROAD DATA. APPROXIMATELY 10 BROAD SCIENTISTS WERE INVOLVED IN THESE INITIATIVES, SERVING APPROXIMATELY 175 STUDENTS AND FIVE TEACHERS. TO HELP INSPIRE YOUNG PEOPLE AND INCREASE THE NUMBER OF SCIENTISTS FROM DIVERSE BACKGROUNDS, THE BROAD'S DIVERSITY INITIATIVE IN SCIENTIFIC RESEARCH OFFERS PROGRAMS FOR MINORITIES AT DIFFERENT STAGES OF THEIR EDUCATION AND CAREERS. IN 2014, 14 HIGH SCHOOL STUDENTS AND 12 UNDERGRADUATE STUDENTS PARTICIPATED IN THESE PROGRAMS. IN ADDITION, THIS PROGRAM ATTRACTED 200 HIGH SCHOOL STUDENTS WHO ATTENDED A LECTURE DURING THE SUMMER.
RELATIONSHIPS AMONGFORM 990 PART VI, LINE 2 PHILLIP SHARP IS AN EMPLOYEE OF MIT AND L. RAFAEL REIF IS THE PRESIDENT OF MIT; THEREFORE THEY HAVE A BUSINESS RELATIONSHIP. THEY ARE BOTH DIRECTORS AT THE BROAD INSTITUTE. JEFFREY FLIER IS AN EMPLOYEE OF HARVARD UNIVERSITY AND DREW GILPIN FAUST IS THE PRESIDENT OF HARVARD; THEREFORE THEY HAVE A BUSINESS RELATIONSHIP. THEY ARE BOTH DIRECTORS AT THE BROAD INSTITUTE.
MEMBERSFORM 990 PART VI, LINE 6 THE MEMBERS OF THE BROAD INSTITUTE CONSIST OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY ("MIT"), PRESIDENT AND FELLOWS OF HARVARD COLLEGE ("HARVARD") AND THE ELI AND EDYTHE BROAD FOUNDATION.
DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERSFORM 990 PART VI, LINE 7A AND 7B BROAD MEMBERS (HARVARD, MIT AND THE BROAD FOUNDATION) EXERCISE ALL POWERS CONSISTENT WITH THE ACTIVITIES AND AFFAIRS OF THE BROAD INSTITUTE. THE MEMBERS HAVE ALL POWERS AND RIGHTS AS ARE VESTED IN THEM BY LAW, THE ARTICLES OF ORGANIZATION AND THE BY-LAWS, WHICH INCLUDE AMENDMENTS TO THE BY-LAWS AND ARTICLES OF INCORPORATION, THE ELECTION OR REPLACEMENT OF DIRECTORS, DISTRIBUTIONS OF THE ENDOWMENT PRIOR TO JULY 1, 2014 AND DISSOLUTION OF THE INSTITUTE. THE MEMBERS SHALL HOLD AN ANNUAL MEETING FOR ELECTION OF DIRECTORS AND FOR THE CONDUCT OF SUCH OTHER BUSINESS AS MAY COME BEFORE THE MEETING.
REVIEW OF 990FORM 990, PART VI, LINE 11B THE BROAD INSTITUTE'S FORM 990 WAS PREPARED WITH THE ASSISTANCE OF THE INSTITUTE'S AUDITORS, PRICEWATERHOUSECOOPERS LLP. THE DRAFT FORM 990 WAS PROVIDED TO THE INSTITUTE'S SENIOR MANAGEMENT AND AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE FULL BOARD RECEIVED A COMPLETED COPY OF THE FORM 990 PRIOR TO THE FORM BEING FILED WITH THE IRS.
CONFLICT OF INTEREST POLICYFORM 990, PART VI, LINE 12C EACH DIRECTOR AND OFFICER HAS A DUTY TO PLACE THE INTEREST OF THE INSTITUTE FOREMOST IN ANY DEALING WITH THE INSTITUTE AND HAS A CONTINUING RESPONSIBILITY TO COMPLY WITH THE REQUIREMENTS OF THIS POLICY. EACH DIRECTOR AND OFFICER IS REQUIRED TO ANNUALLY ACKNOWLEDGE HIS OR HER FAMILIARITY WITH THIS POLICY AND DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD ANY EXISTING FINANCIAL OR OTHER MATERIAL INTERESTS SUBJECT TO THIS POLICY BY COMPLETING A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED BY THE CHAIRMAN OF THE BOARD. ANY ISSUES NOT PREVIOUSLY DISCLOSED ARE REFERRED BY HIM OR HER TO THE BOARD OR APPROPRIATE COMMITTEE. THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE RETAINED IN THE CONFIDENTIAL FILES OF THE CHAIRMAN OF THE BOARD.
COMPENSATIONFORM 990, PART VI, LINE 15A THE BROAD INSTITUTE ENGAGED A CONSULTING FIRM TO CONDUCT AN INDEPENDENT STUDY FOR THE PRESIDENT/CEO'S COMPENSATION AND FOR THE COMPENSATION OF INSTITUTIONAL LEADERSHIP POSITIONS. THE STUDY FINDINGS WERE PRESENTED TO THE LEADERSHIP, POLICY AND GOVERNANCE COMMITTEE WHO REVIEWED, AND THEIR DELIBERATIONS AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED. THE PRESIDENT/CEO'S EMPLOYMENT AGREEMENT WAS AMENDED AND RESTATED EFFECTIVE JULY 1, 2014.
PUBLIC DISCLOSURE OF DOCUMENTSFORM 990, PART VI, LINE 18 THE FORM 990 IS MADE AVAILABLE UPON REQUEST AND ON GUIDESTAR.ORG. THE FORM 1023 IS MADE AVAILABLE UPON REQUEST.
AVAILABILITY OF DOCUMENTSFORM 990, PART VI, LINE 19 THE INSTITUTE'S AUDITED FINANCIAL STATEMENTS ARE ATTACHED TO THE ANNUALLY FILED MASSACHUSETTS FORM PC, WHICH IS AVAILABLE TO THE PUBLIC. THE INSTITUTE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
BENEFICIAL INTEREST IN TRUSTFORM 990, PART XI, LINE 9 THE INSTITUTE HAS A BENEFICIAL INTEREST IN TRUST. ACCORDINGLY, THE INSTITUTE RECOGNIZES ITS INTEREST IN THE TRUST WITH CHANGES RECOGNIZED IN NONOPERATING ACTIVITIES IN ITS FINANCIAL STATEMENTS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
CLINICAL RESEARCH SEQ PLATFORM LLC
415 MAIN STREETCAMBRIDGEMA02142352469571SEQUENCINGMA$2,280,876$2,294,808BROAD INST
GENOME BRIDGE LLC
415 MAIN STREETCAMBRIDGEMA02142900984758COMBINE DATAMA$0$0BROAD INST

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE STANLEY FUND FOR THE BROAD INSTITUTEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1415 MAIN SREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd
FieldValueIRS element (for citing)
EIN465574304EIN
Primary ActivitiesSUPPORT. ORG.PrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity Status11aPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BROAD INSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd