BROAD INSTITUTE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BROAD INSTITUTE INC (EIN 26-3428781)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-07
- IRS object ID
- 201321279349300407
- Schema version
- 2011v1.5
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-07T08:49:40-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 High Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263428781 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BROAD INSTITUTE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % DIANE MACDONALD COO/TREAS | InCareOfName |
| Name Control | BROA | NameControl |
| Phone | 6177147120 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEVEN CAMBRIDGE CENTER | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02142 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DIANE MACDONALD | Name |
| Title | COO AND TREASURER | Title |
| Date Signed | 2013-05-01 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6175305000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ERIC S LANDER PRESIDENT | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Seven CAMBRIDGE CENTER | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02142 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 284343280 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BROADINSTITUTE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2008 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1177 | TotalNbrEmployees |
| Total Nbr Volunteers | 19 | TotalNbrVolunteers |
| Total Gross UBI | 4591 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -3209 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 332968763 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 270301728 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 10069340 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9636070 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8325285 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4378130 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 50571 | OtherRevenuePriorYear |
| Other Revenue Current Year | 27352 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 351413959 | TotalRevenuePriorYear |
| Total Revenue Current Year | 284343280 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 28687481 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 25206613 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 97439413 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 102718921 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 87526 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 160930 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1471116 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 161398155 | OtherExpensePriorYear |
| Other Expenses Current Year | 147088953 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 287612575 | TotalExpensesPriorYear |
| Total Expenses Current Year | 275175417 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 63801384 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 9167863 | RevenuesLessExpensesCY |
| Total Assets BOY | 1160478935 | TotalAssetsBOY |
| Total Assets EOY | 1164010495 | TotalAssetsEOY |
| Total Liabilities BOY | 455408777 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 452619520 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 705070158 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 711390975 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 235419992 | Expense |
| Grants | 25206613 | Grants |
| Revenue | 9636070 | Revenue |
| Description | SEE SCHEDULE O. | Description |
| Total Program Service Expense | 235419992 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | true | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 113 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1177 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DIANE MACDONALD COOTREAS | NamePerson |
| Telephone Number | 6177147120 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEVEN CAMBRIDGE CENTER | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02142 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ERIC S LANDER | |||||||
| DIRECTOR, PRESIDENT & CEO | 60.0 | X | X | 706461 | 0 | 28655 | |
| ELI BROAD | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| DENNIS AUSIELLO | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| DAVID BALTIMORE | |||||||
| director | 1.0 | X | 0 | 0 | 0 | ||
| DREW GILPIN FAUST | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| JEFFREY FLIER | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| LOUIS V GERSTNER JR | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| SUSAN HOCKFIELD | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| SETH KLARMAN | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| WILLIAM HELMAN | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| ARTHUR LEVINSON | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| PHILLIP SHARP | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| PATRICIA STONESIFER | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| RATAN TATA | |||||||
| DIRECTOR TILL NOV 2011 | 1.0 | X | 0 | 0 | 0 | ||
| DIANA CHAPMAN WALSH | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| ALAN FEIN | |||||||
| CLERK, Deputy Director, EVP | 60.0 | X | 472787 | 0 | 43295 | ||
| DIANE MACDONALD | |||||||
| COO AND TREASURER | 60.0 | X | 368904 | 0 | 37358 | ||
| KERI LYNN STALKER | |||||||
| ASST. CLERK, ASST. DIRECTOR | 60.0 | X | 161518 | 0 | 14840 | ||
| PATRICIA FILIPPONE | |||||||
| CFO & ASST TREAS TILL JAN 2012 | 60.0 | X | 239289 | 0 | 43682 | ||
| SARAH PEARSON | |||||||
| CHIEF DEVELOPMENT OFFICER | 60.0 | 361178 | 0 | 25142 | X | ||
| JENNIFER S BALDWIN | |||||||
| DIR. OF GENOME SEQ. PLATFORM | 60.0 | 296964 | 0 | 31938 | X | ||
| MICHAEL FOLEY | |||||||
| DIR. OF CHEM. BIO. PLATFORM | 60.0 | 280299 | 0 | 37794 | X | ||
| ANDREA DESOUZA | |||||||
| DIR. INFORMATICS & ANALYSIS | 60.0 | 256158 | 0 | 21156 | X | ||
| JILL MESIROV | |||||||
| DIR. COMP BIO & BIOINFORMATICS | 60.0 | 242386 | 0 | 21414 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3385944 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 305274 | TotalOtherCompensation |
| Number Individuals GT100 K | 168 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SIGNER HARRIS ARCHITECTS | |||||
| 46 FARNSWORTH STREET | BOSTON | MA | 02210 | ARCHITECTS | 2728793 |
| PRICEWATERHOUSECOOPERS LLP | |||||
| 125 HIGH STREET | BOSTON | MA | 02110 | ACCOUNTING | 633045 |
| PALLADION SERVICES LLC | |||||
| 184 HIGH STREET | BOSTON | MA | 02110 | BUILDING SECURITY | 599622 |
| GOULSTON STORRS | |||||
| 400 ATLANTIC AVENUE | BOSTON | MA | 02110 | LEGAL | 569301 |
| ROPES GRAY | |||||
| 800 BOYLSTON STREET | BOSTON | MA | 02199 | LEGAL | 402634 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 15 | NumberOfContractorsGT100K |
| Government Grants | 141978072 | GovernmentGrants |
| All Other Contributions | 128323656 | AllOtherContributions |
| Noncash Contributions | 4336253 | NoncashContributions |
| Total Contributions | 270301728 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RESEARCH | 541700 | 8076927 | 8076927 |
| OTHER PROGRAM SERVICE REVENUE | 900099 | 1559143 | 1559143 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9636070 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 693342 | TotalRevenueColumn |
| Unrelated Business Revenue | 4591 | UnrelatedBusinessRevenue |
| Exclusion | $688,751 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 50346 | TotalRevenueColumn |
| Exclusion | $50,346 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27352 | TotalRevenueColumn |
| Exclusion | $27,352 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3591705 | Securities |
| Other | 42737 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3591705 | Securities |
| Other | 42737 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3634442 | TotalRevenueColumn |
| Exclusion | $3,634,442 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 284343280 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9636070 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 4591 | UnrelatedBusinessRevenue |
| Exclusion | $4,400,891 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21829745 | Total |
| Program Services | 21829745 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3376868 | Total |
| Program Services | 3376868 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2194965 | Total |
| Program Services | 488645 | ProgramServices |
| Management And General | 1661490 | ManagementAndGeneral |
| Fundraising | 44830 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78578114 | Total |
| Program Services | 63138159 | ProgramServices |
| Management And General | 14611897 | ManagementAndGeneral |
| Fundraising | 828058 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5659732 | Total |
| Program Services | 4428035 | ProgramServices |
| Management And General | 1168538 | ManagementAndGeneral |
| Fundraising | 63159 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10990884 | Total |
| Program Services | 8598996 | ProgramServices |
| Management And General | 2269236 | ManagementAndGeneral |
| Fundraising | 122652 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5295226 | Total |
| Program Services | 4142854 | ProgramServices |
| Management And General | 1093280 | ManagementAndGeneral |
| Fundraising | 59092 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1363192 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1349987 | ManagementAndGeneral |
| Fundraising | 13205 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 461083 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 461083 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 720 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 720 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160930 | Total |
| Fundraising | 160930 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7477008 | Total |
| Program Services | 3643616 | ProgramServices |
| Management And General | 3805945 | ManagementAndGeneral |
| Fundraising | 27447 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39358 | Total |
| Program Services | 21615 | ProgramServices |
| Management And General | 13957 | ManagementAndGeneral |
| Fundraising | 3786 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 960202 | Total |
| Program Services | 267422 | ProgramServices |
| Management And General | 684220 | ManagementAndGeneral |
| Fundraising | 8560 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5163645 | Total |
| Program Services | 3193973 | ProgramServices |
| Management And General | 1969583 | ManagementAndGeneral |
| Fundraising | 89 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40015970 | Total |
| Program Services | 36940105 | ProgramServices |
| Management And General | 2977980 | ManagementAndGeneral |
| Fundraising | 97885 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1828932 | Total |
| Program Services | 1386173 | ProgramServices |
| Management And General | 431816 | ManagementAndGeneral |
| Fundraising | 10943 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1557972 | Total |
| Program Services | 433521 | ProgramServices |
| Management And General | 1113734 | ManagementAndGeneral |
| Fundraising | 10717 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37655 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 37655 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25609346 | Total |
| Program Services | 24341743 | ProgramServices |
| Management And General | 1254552 | ManagementAndGeneral |
| Fundraising | 13051 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 274137 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 274137 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MATERIALS & SERVICES | 57983067 | 56975811 | 1005830 | 1426 |
| OTHER | 4316666 | 2212711 | 2098669 | 5286 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 275175417 | Total |
| Program Services | 235419992 | ProgramServices |
| Management And General | 38284309 | ManagementAndGeneral |
| Fundraising | 1471116 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41189677 | BOY |
| EOY | 76172294 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69140432 | BOY |
| EOY | 54899161 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 465910575 | BOY |
| EOY | 407911032 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33834197 | BOY |
| EOY | 27786777 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250000 | BOY |
| EOY | 428578 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5065797 | BOY |
| EOY | 8708186 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12972042 | BOY |
| EOY | 12387383 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 239515902 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 81484938 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121391714 | BOY |
| EOY | 158030964 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5395 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119319350 | BOY |
| EOY | 161943736 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 291399756 | BOY |
| EOY | 255742384 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1160478935 | BOY |
| EOY | 1164010495 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61363852 | BOY |
| EOY | 60584156 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46000245 | BOY |
| EOY | 45841327 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 264165000 | BOY |
| EOY | 264194072 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 302617 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83301049 | BOY |
| EOY | 81319294 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 578631 | BOY |
| EOY | 378054 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 455408777 | BOY |
| EOY | 452619520 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112591504 | BOY |
| EOY | 121236557 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99214354 | BOY |
| EOY | 90536979 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 493264300 | BOY |
| EOY | 499617439 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 705070158 | BOY |
| EOY | 711390975 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1160478935 | BOY |
| EOY | 1164010495 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 9167863 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2847046 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 764540015 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 332968763 | CurrentTaxYearMinus1Year |
| Current Tax Year | 270301728 | CurrentTaxYear |
| Total | 1367810506 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 764540015 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 332968763 | CurrentTaxYearMinus1Year |
| Current Tax Year | 270301728 | CurrentTaxYear |
| Total | 1367810506 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 565591425 | AmountsSubstContributorsTotal |
| Public Support Total170 | 802219081 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4284350 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2830201 | CurrentTaxYearMinus1Year |
| Current Tax Year | 766449 | CurrentTaxYear |
| Total | 7881000 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1375691506 | TotalSupport |
| Gross Receipts From Admissions Etc | 32874568 | GrossReceiptsFromAdmissionsEtc |
| First5 Years170 | X | First5Years170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $720 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 720 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Lobbying Activities | Identifier |
| Return Reference | Schedule C, Part II-B | ReturnReference |
| Explanation | The Broad Institute belongs to a member organization which engageS in lobbying activities. Dues of $720 have been specifically identified as pertaining to lobbying. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 512583650 | BeginningOfYearBalance |
| Contributions | 6353339 | Contributions |
| Investment Earnings Or Losses | 1325386 | InvestmentEarningsOrLosses |
| End Of Year Balance | 520262375 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 451866849 | BeginningOfYearBalance |
| Contributions | 53364300 | Contributions |
| Investment Earnings Or Losses | 7352501 | InvestmentEarningsOrLosses |
| End Of Year Balance | 512583650 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 0 | BeginningOfYearBalance |
| Contributions | 439900000 | Contributions |
| Investment Earnings Or Losses | 11966849 | InvestmentEarningsOrLosses |
| End Of Year Balance | 451866849 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 Years | CurrentYearMinus3Years | |
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.96000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.04000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 25000000 | OtherCostOrOtherBasis |
| Book Value | 25000000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 32675735 | OtherCostOrOtherBasis |
| Depreciation | 14944030 | Depreciation |
| Book Value | 17731705 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 102581812 | OtherCostOrOtherBasis |
| Depreciation | 66540908 | Depreciation |
| Book Value | 36040904 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 79258355 | OtherCostOrOtherBasis |
| Book Value | 79258355 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 158030964 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FUND OF FUNDS | Description |
| Book Value | 161943736 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 161943736 | TotalOfBookValueSecurities |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEPOSITS WITH TRUSTEE | Description |
| Book Value | 255742384 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 255742384 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CAPITAL LEASE OBLIGATIONS | Description |
| Amount | $378,054 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 378054 | TotalOfAmounts |
| Total Revenue | 284343280 | TotalRevenue |
| Total Expenses | 275175417 | TotalExpenses |
| Excess Or Deficit For Year | 9167863 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -2847046 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -2847046 | TotalAdjustments |
| Excess Or Deficit Per FS | 6320817 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 281496234 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -2847046 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -2847046 | RevenueNotRptdF990 |
| Revenue Subtotal | 284343280 | RevenueSubtotal |
| Total Revenue Per Form990 | 284343280 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 275175417 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 275175417 | ExpensesSubtotal |
| Total Expenses Per Form990 | 275175417 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ENDOWMENT | SCHEDULE D, PART V | THE BROAD INSTITUTE'S ENDOWMENT FUNDS ARE USED TO SUPPORT THE INSTITUTE'S PRIMARY RESEARCH MISSION OF GENOMIC-BASED SCIENTIFIC RESEARCH. |
| OTHER LIABILITIES | SCHEDULE D, PART X, LINE 2 | THE BROAD INSTITUTE DOES NOT HAVE A FIN 48 (ASC 740) STATEMENT. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| North America | 0 | 0 | Grantmaking | 676578 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Grantmaking | 2399915 |
| Middle East and North Africa | 0 | 0 | Grantmaking | 242681 |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | 57694 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 3376868 | SubtotalAmountSpent |
| Total Amount Spent | 3376868 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (13 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|
| North America | SUBAWARD | 18035 | CHECK |
| Europe/Iceland/Greenland | 1062298 | CHECK | |
| North America | 106435 | CHECK | |
| North America | 525294 | CHECK | |
| Europe/Iceland/Greenland | 635617 | CHECK | |
| Europe/Iceland/Greenland | 145448 | CHECK | |
| Europe/Iceland/Greenland | 40740 | CHECK | |
| Europe/Iceland/Greenland | 151441 | CHECK | |
| Europe/Iceland/Greenland | 23400 | CHECK | |
| Europe/Iceland/Greenland | 341464 | CHECK | |
| Middle East/North Africa | 242681 | CHECK | |
| Sub-Saharan Africa | 57694 | WIRE | |
| North America | 26814 | CHECK |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 13 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 2 | TotalNumberOfOtherOrgs |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE F PART I LINE 2 | Identifier |
| Explanation | The 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. Expenses are accounted for on an accrual basis. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Email Solicitations | X | EmailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (3 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor |
|---|---|---|---|---|
| THE HELEN BROWN GROUP | CONSULTING | false | 0 | 120960 |
| JAMES E CONWAY | CONSULTING | false | 0 | 29282 |
| BLACKBAUD INC | CONSULTING | false | 0 | 10688 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 0 | TotalGrossReceipts |
| Total Retained By Contractors | 160930 | TotalRetainedByContractors |
| Licensed States | MA | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (39 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| WASHINGTON STATE UNIVERSITY FOUNDATION | |||||||
| PO BOX 643140 | PULLMAN | WA | 99164 | 911075542 | 501(C)(3) | 83040 | PROGRAM SUPPORT |
| BETH ISRAEL DEACONESS MEDICAL CTR | |||||||
| 330 BROOKLINE AVE | BOSTON | MA | 02215 | 042103881 | 501(C)(3) | 112256 | PROGRAM SUPPORT |
| UNIVERSITY OF NORTH CAROLINA | |||||||
| 7107 NEUROSC HOSP | CHAPEL HILL | NC | 27599 | 566001393 | 501(C)(3) | 91314 | PROGRAM SUPPORT |
| BRIGHAM & WOMENS HOSPITAL | |||||||
| ONE JIMMY FUND WAY | BOSTON | MA | 02115 | 042312909 | 501(C)(3) | 166270 | PROGRAM SUPPORT |
| BOSTON CHILDRENS HOSPITAL | |||||||
| 300 LONGWOOD AVE | BOSTON | MA | 02115 | 042774441 | 501(C)(3) | 186828 | PROGRAM SUPPORT |
| DANA FARBER CANCER INSTITUTE | |||||||
| BP451 450 BROOKLINE AVE | BOSTON | MA | 02215 | 042263040 | 501(C)(3) | 1178938 | PROGRAM SUPPORT |
| WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH | |||||||
| 9 CAMBRIDGE CENTER | CAMBRIDGE | MA | 02142 | 061043412 | 501(C)(3) | 163629 | PROGRAM SUPPORT |
| FRED HUTCHINSON CANCER RES CTR | |||||||
| 1100 FAIRVIEW AVE | SEATTLE | WA | 98109 | 237156071 | 501(C)(3) | 977798 | PROGRAM SUPPORT |
| HARVARD UNIVERSITY | |||||||
| 1350 MASS AVE | CAMBRIDGE | MA | 021383800 | 042103580 | 501(C)(3) | 5414951 | PROGRAM SUPPORT |
| MASSACHUSETTS GENERAL HOSPITAL | |||||||
| 55 FRUIT STREET | BOSTON | MA | 021142517 | 041564655 | 501(C)(3) | 7567432 | PROGRAM SUPPORT |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||
| 77 MASS AVE | CAMBRIDGE | MA | 02139 | 042103594 | 501(C)(3) | 1247712 | PROGRAM SUPPORT |
| THE REGENTS OF THE UNIVERSITY OF MICHIGAN | |||||||
| 3003 SOUTH STATE ST | ANN ARBOR | MI | 48109 | 386006309 | 501(c)(3) | 468449 | PROGRAM SUPPORT |
| MOUNT SINAI MEDICAL CENTER | |||||||
| 1425 MADISON AVENUE | NEW YORK | NY | 10029 | 136171197 | 501(C)(3) | 423213 | PROGRAM SUPPORT |
| UNIVERSITY OF CALIFORNIA SANTA CRUZ | |||||||
| 1156 HIGH ST | SANTA CRUZ | CA | 95064 | 237394590 | 501(C)(3) | 13738 | PROGRAM SUPPORT |
| OREGON HEALTH & SCIENCE UNIVERSITY | |||||||
| 0690 SW BANCROFT ST | PORTLAND | OR | 97239 | 237083114 | 501(C)(3) | 68146 | PROGRAM SUPPORT |
| THE PENNSYLVANIA STATE UNIVERSITY | |||||||
| 110 TECH CENTER | UNIVERSITY PARK | PA | 16802 | 246000376 | 501(C)(3) | 36282 | PROGRAM SUPPORT |
| PLASMA PROTEOME INSTITUTE INC | |||||||
| PO BOX 53450 | WASHINGTON | DC | 20009 | 510421196 | 501(C)(3) | 44850 | PROGRAM SUPPORT |
| STANFORD UNIVERSITY | |||||||
| PO BOX 44253 SAN FRANCISCO CA 9 | SAN FRANCISCO | CA | 941444253 | 941156365 | 501(C)(3) | 178704 | PROGRAM SUPPORT |
| THE UNIV OF MASSACHUSETTS MEDICAL SCHOOL | |||||||
| 55 LAKE AVE NORTH | WORCESTER | MA | 01655 | 043167352 | 501(C)(3) | 82592 | PROGRAM SUPPORT |
| TRUSTEES OF BOSTON UNIVERSITY | |||||||
| 44 CUMMINGTON ST | BOSTON | MA | 022151303 | 042103547 | 501(C)(3) | 107379 | PROGRAM SUPPORT |
| CARNEGIE MELLON UNIVERSITY | |||||||
| 5000 FORBES AVE | PITTSBURGH | PA | 15213 | 250969449 | 501(C)(3) | 33721 | PROGRAM SUPPORT |
| DEPARTMENT OF AGRICULTURE | |||||||
| 13800 OLD GENTILLY | NEW ORLEANS | LA | 70129 | 471600000 | DEPT. OF AGRI. | 8052 | PROGRAM SUPPORT |
| MCLEAN HOSPITAL | |||||||
| 115 MILL STREET | BELMONT | MA | 02478 | 042697981 | 501(C)(3) | 26034 | PROGRAM SUPPORT |
| REGENTS OF THE UNIVERSITY OF MINNESOTA | |||||||
| PO BOX 1450 | MINNEAPOLIS | MN | 554855957 | 416007513 | 501(C)(3) | 64590 | PROGRAM SUPPORT |
| SANARIA INC | |||||||
| 9800 MEDICAL CENTER DR | ROCKVILLE | MD | 20850 | 562354362 | N/A | 481856 | PROGRAM SUPPORT |
| THE UNIVERSITY OF MISSISSIPPI | |||||||
| 2500 NORTH STATE STREET | JACKSON | MS | 39216 | 646008520 | 501(C)(3) | 90740 | PROGRAM SUPPORT |
| TULANE UNIVERSITY SCHOOL OF MEDICINE | |||||||
| 1430 TULANE AVE | NEW ORLEANS | LA | 70112 | 720423889 | 501(C)(3) | 953874 | PROGRAM SUPPORT |
| UC REGENTS UNIVERSITY OF CALIFORNIA | |||||||
| 9500 GILMAN DR | LA JOLLA | CA | 92093 | 956006144 | 501(C)(3) | 256831 | PROGRAM SUPPORT |
| UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT ST | PHILADELPHIA | PA | 19104 | 231352685 | 501(C)(3) | 24081 | PROGRAM SUPPORT |
| UNIVERSITY OF SOUTHERN CALIFORNIA | |||||||
| 1540 ALCAZAR ST | LOS ANGELES | CA | 90033 | 951642394 | 501(C)(3) | 173374 | PROGRAM SUPPORT |
| UNIVERSITY OF WASHINGTON FOUNDATION | |||||||
| 4333 BROOKLYN AVE | SEATTLE | WA | 98195 | 943079432 | 501(C)(3) | 265077 | PROGRAM SUPPORT |
| THE UNIVERSITY OF TEXAS-HOUSTON | |||||||
| PO BOX 20186 | HOUSTON | TX | 77225 | 741761309 | 501(C)(3) | 72020 | PROGRAM SUPPORT |
| SCRIPPS RESEARCH INSTITUTE | |||||||
| 10550 N TORREY PINES RD | LA JOLLA | CA | 92037 | 330435954 | 501(C)(3) | 68312 | PROGRAM SUPPORT |
| SANFORD-BURNHAM MEDICAL RESEARCH INSTITUTE | |||||||
| 10901 N TORREY PINES RD | LA JOLLA | CA | 92037 | 510197108 | 501(C)(3) | 49884 | PROGRAM SUPPORT |
| CHILDRENS HOSPITAL OF PHILADELPHIA | |||||||
| 3615 CIVIC CENTER | PHILADELPHIA | PA | 19104 | 231352166 | 501(C)(3) | 49831 | PROGRAM SUPPORT |
| DIABETES RESEARCH INSTITUTE FOUNDATION INC | |||||||
| 1450 NW 10TH AVE | MIAMI | FL | 33136 | 591361955 | 501(C)(3) | 38886 | PROGRAM SUPPORT |
| NEW YORK HOSPITAL CORNELL MEDICAL CENTER FUND INC | |||||||
| 575 LEXINGTON AVE FL 9 | NEW YORK | NY | 10022 | 136094042 | 501(C)(3) | 24977 | PROGRAM SUPPORT |
| WALTER REED ARMY INSTITUTE RESEARCH | |||||||
| 503 ROBERT GRANT | SILVER SPRING | MD | 20910 | 541233435 | 501(C)(3) | 502737 | PROGRAM SUPPORT |
| NATIONAL INSTITUTES OF HEALTH | |||||||
| 2115 E JEFFERSON ST | ROCKVILLE | MD | 20852 | 521986675 | 501(C)(3) | 28619 | PROGRAM SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 38 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE I PART I LINE 2 | Identifier |
| Explanation | THE 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. EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | true | InitialContractException |
| Rebuttable Presumption Procedure | true | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ERIC S LANDER | |||||||||||||
| 581877 | 0 | 0 | 0 | 124584 | 0 | 9800 | 0 | 18855 | 0 | 735116 | 0 | 0 | 0 |
| ALAN FEIN | |||||||||||||
| 429787 | 0 | 25000 | 0 | 18000 | 0 | 24500 | 0 | 18795 | 0 | 516082 | 0 | 0 | 0 |
| DIANE MACDONALD | |||||||||||||
| 331286 | 0 | 15000 | 0 | 22618 | 0 | 24500 | 0 | 12858 | 0 | 406262 | 0 | 0 | 0 |
| KERI LYNN STALKER | |||||||||||||
| 144474 | 0 | 0 | 0 | 17044 | 0 | 13959 | 0 | 881 | 0 | 176358 | 0 | 0 | 0 |
| SARAH PEARSON | |||||||||||||
| 310646 | 0 | 0 | 0 | 50532 | 0 | 6519 | 0 | 18623 | 0 | 386320 | 0 | 0 | 0 |
| JENNIFER S BALDWIN | |||||||||||||
| 281219 | 0 | 0 | 0 | 15745 | 0 | 24500 | 0 | 7438 | 0 | 328902 | 0 | 0 | 0 |
| MICHAEL FOLEY | |||||||||||||
| 266949 | 0 | 0 | 13350 | 0 | 19087 | 0 | 18707 | 0 | 318093 | 0 | 0 | 0 | |
| ANDREA DESOUZA | |||||||||||||
| 239280 | 0 | 0 | 0 | 16878 | 0 | 14370 | 0 | 6786 | 0 | 277314 | 0 | 0 | 0 |
| JILL MESIROV | |||||||||||||
| 222107 | 0 | 0 | 0 | 20279 | 0 | 19513 | 0 | 1901 | 0 | 263800 | 0 | 0 | 0 |
| PATRICIA FILIPPONE | |||||||||||||
| 206688 | 0 | 15000 | 0 | 17601 | 0 | 21044 | 0 | 22638 | 0 | 282971 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROVISIONS OF BENEFITS | FORM 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. BOTH OF THESE AMOUNTS ARE REFLECTED IN THE "OTHER REPORTABLE COMPENSATION" AMOUNT ON SCHEDULE J, PART II, COLUMN B (III). FIRST-CLASS TRAVEL OCCURS ON OVERSEAS FLIGHTS AND IN CERTAIN OTHER LIMITED SITUATIONS. THIS TRAVEL IS FOR BUSINESS PURPOSES, THEREFORE, THE VALUE IS NOT TREATED AS TAXABLE WAGES. |
| NON-FIXED PAYMENTS | FORM 990, SCHEDULE J, LINE 7 | NON-FIXED PAYMENTS INCLUDE PERFORMANCE BONUSES, WHICH WERE GIVE TO CERTAIN OFFICERS AND HIGHEST COMPENSATED EMPLOYEES. |
| INITIAL CONTRACT | FORM 990, SCHEDULE J, LINE 8 | THE PRESIDENT/CEO ENTERED INTO AN EMPLOYMENT AGREEMENT WITH THE BROAD INSTITUTE COMMENCING IN JULY 2009 FOR A TERM OF 5 YEARS. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASS DEVELOPMENT FINANCE AGENCY - SERIES A (2011) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| CUSIP Number | 57583UCG1 | CUSIPNumber |
| Date Issued | 2011-05-05 | DateIssued |
| Issue Price | 265470128 | IssuePrice |
| Description Of Purpose | AQUISITION & CONSTRUCTION | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 265470128 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 39031801 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 2211516 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 77335636 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 146891175 | AmountUnspent |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | false | FinalAllocationMade |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | false | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Superintegrated Hedge | false | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SEE SCHEDULE O | Identifier |
| Return Reference | 0 | ReturnReference |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3625546 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MKT PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | RESEARCH EQUIPMENT | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 710707 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS | FORM 990, PART III, LINE 4A | THE BROAD INSTITUTE OPERATES FOR EDUCATIONAL AND SCIENTIFIC PURPOSES AND IS A NEW KIND OF 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 MEDICAL AND POPULATION GENETICS, CANCER, INFECTIOUS DISEASE, METABOLIC AND PSYCHIATRIC DISEASES, AS WELL AS RESEARCH IN GENOME BIOLOGY, CELLULAR CIRCUITRY, COMPUTATIONAL BIOLOGY, CHEMICAL BIOLOGY AND NOVEL THERAPEUTICS. THERE WERE A TOTAL OF 509 PUBLICATIONS IN 2011 RESULTING FROM BROAD RESEARCH. 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 DIRECTOR RECEIVED THE ALBANY MEDICAL PRIZE IN MEDICINE AND BIOMEDICAL RESEARCH TO RECOGNIZE FOUNDATIONAL CONTRIBUTIONS TO THE EFFORTS TO DECODE THE HUMAN GENETIC BLUEPRINT. 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 2011, 31 STUDENTS PARTICIPATED IN A SEMESTER RESEARCH PROJECT AND 12 STUDENTS DID A SUMMER INTERNSHIP AT THE BROAD. IN ADDITION, THE EDUCATIONAL PROGRAM SPONSORS CLASS VISITS TO THE BROAD AND HELD 4 SEMINARS FOR HIGH SCHOOL TEACHERS IN THE COURSE OF THE YEAR, WHICH APPROXIMATELY 73 TEACHERS ATTENDED LAST YEAR. 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 2011, 16 HIGH SCHOOL STUDENTS, 15 UNDERGRADUATE STUDENTS, AND TWO FACULTY MEMBERS PARTICIPATED IN THESE PROGRAMS. IN ADDITION, THIS PROGRAM ATTRACTED 165 STUDENTS WHO ATTENDED TWO SITE VISITS AND ANOTHER 140 STUDENTS WHO ATTENDED THE MINORITY AND GENOMICS LECTURE SERIES. |
| 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. |
| RELATIONSHIPS AMONG | FORM 990 PART VI, LINE 2 | PHILLIP SHARP IS AN EMPLOYEE OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY AND SUSAN HOCKFIELD IS THE PRESIDENT OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY, 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 UNIVERSITY, THEREFORE THEY HAVE A BUSINESS RELATIONSHIP. THEY ARE BOTH DIRECTORS AT THE BROAD INSTITUTE. |
| MEMBERS | FORM 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 ("THE FOUNDATION"). |
| DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS | FORM 990 PART VI, LINE 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 990 | FORM 990, PART VI, LINE 11B | THE BROAD INSTITUTE'S FORM 990 WAS PREPARED WITH THE ASSISTANCE OF THE INSTITUTE'S AUDITORS, PRICEWATERHOUSECOOPERS (PWC). 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 POLICY | FORM 990, PART VI, LINE 12 | 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 IS 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. |
| COMPENSATION | FORM 990, PART VI, LINE 15 | THE BROAD INSTITUTE ENGAGED AN OUTSIDE COMPENSATION CONSULTING FIRM (RADFORD) THAT SPECIALIZES IN THE BIOTECHNOLOGY FIELDS EARLY IN 2009 TO CONDUCT AN EXTERNAL BENCHMARK COMPENSATION STUDY OF SPECIFIC LEADERSHIP POSITIONS. RADFORD PRESENTED THEIR FINAL RECOMMENDATIONS AND FINDINGS TO THE COMPENSATION COMMITTEE WHO THEN REVIEWED AND CONTEMPORANEOUSLY DOCUMENTED THEIR DELIBERATIONS AND DECISIONS. THE TOP FIVE HIGHEST PAID EMPLOYEES AND ALL OFFICERS OTHER THAN THE PRESIDENT/CEO WERE INCLUDED IN RADFORD'S STUDY. THE BROAD INSTITUTE ENGAGED PRICEWATERHOUSECOOPERS TO CONDUCT AN INDEPENDENT STUDY FOR THE PRESIDENT/CEO'S COMPENSATION. THE PWC FINDINGS WERE PRESENTED IN MAY OF 2008. THE COMPENSATION COMMITTEE THEN REVIEWED AND CONTEMPORANEOUSLY DOCUMENTED THEIR DELIBERATIONS AND DECISIONS. THE TERMS OF THE PRESIDENT/CEO'S COMPENSATION PACKAGE WERE JOINTLY AGREED UPON BY BROAD, HARVARD AND MIT (THE INSTITUTE'S FOUNDING MEMBER ORGANIZATIONS). AS A RESULT, A FIVE YEAR EMPLOYMENT AGREEMENT WAS CREATED ON JULY 1, 2009 WHICH OUTLINES THE PRESIDENT/CEO'S COMPENSATION AND BENEFITS PACKAGE. |
| AVAILABILITY OF DOCUMENTS | FORM 990, PART VI, LINE 19 | THE INSTITUTE'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST. THE INSTITUTE'S AUDITED FINANCIAL STATEMENTS ARE ALSO ATTACHED TO THE ANNUALLY FILED MASSACHUSETTS FORM PC, WHICH IS AVAILABLE TO THE PUBLIC. |
| RECONCILIATION OF NET ASSETS | FORM 990, PART XI, LINE 5 | NET UNREALIZED GAINS ON INVESTMENTS ($2,847,046) TAX-EXEMPT BONDS SCHEDULE K, PART III, LINE 7 AND PART V ALTHOUGH THE BROAD INSTITUTE HAS ISSUED TAX-EXEMPT DEBT, THE FUNDED PROJECT IS STILL UNDER CONSTRUCTION. THE INSTITUTE IS IN THE PROCESS OF FORMALIZING POST-ISSUANCE COMPLIANCE POLICIES AND PROCEDURES. THEY WILL BE IN PLACE BY THE CLOSE OF FY13. |