We don't have the most up to date data. Thanks, IRS.

The IRS is significantly delayed in processing nonprofits' annual tax filings (Forms 990). We're unable to provide information for charities beyond that of the most recently available data from the IRS.

Data submitted on 2020-03-02 for Tax Year 2018

Logo of HOWARD HUGHES MEDICAL INSTITUTE

HOWARD HUGHES MEDICAL INSTITUTE

EIN: 59-0735717

MIP Score

72

Mission

HHMI believes in the power of individuals to advance science through research and science education, making discoveries that benefit humanity.

Address

4000 Jones Bridge Road Chevy Chase, MD - 208156789

Established

1953

Twitter Followers

48.6K

Tax-Deductible?

Yes

Total Assets

29.34 billion

Broad Category

Medical Research

Specific Category

Biomedicine & Bioengineering Research

Score Breakdown

MIP Score

The MIP Score is an aggregate score composed of five categories which we believe best standardizes and represents a nonprofit's ability to make an impact. Please note there are no nonprofits with a perfect MIP score.

Each individual component of the MIP Score is compared and quantiled against those of all other nonprofits in order to create the final scores you see below.

Financial Strength

This score represents a nonprofit's ability to stay financially strong in order to have long-term impact. Nonprofits with stronger financials and better cash management will have stronger scores.

52 /100
    Score
  • Program Expense Ratio
    76.98%
    10/20

    Program Expense Ratio

    Measures the ratio of spending on program-related expenses relative to all expenses (including executive salary, fundraising, etc.). You could think of it as the percentage of your donation that would go directly to the nonprofit’s mission.

    Average value across nonprofits

    86.31%

  • Program Revenue Growth
    -4.58%
    2/20

    Program Revenue Growth

    This shows the year-over-year growth in the revenue gained from program services (related to the charity’s mission).

    Average value across nonprofits

    5.00%

  • Leverage Ratio
    0.1067
    18/20

    Leverage Ratio

    This is calculated as the charity's total liabilities over its assets. If a charity has a ratio of more than one, it has taken on significant debt over its assets.

    Average value across nonprofits

    0.1471

  • Working Capital Ratio
    18.62
    20/20

    Working Capital Ratio

    This is calculated as the charity’s net assets over its most recent total expenses. This indicates how long the nonprofit could last if it stopped receiving funding.

    Average value across nonprofits

    0.9007

  • Fundraising Efficiency
    -9.999 thousand
    2/20

    Fundraising Efficiency

    This is calculated as the charity’s revenue gained from fundraising over the charity’s total expense to gain said fundraising. If this ratio is more than one, the charity lost money while fundraising.

    Average value across nonprofits

    1.099

Dollar Impact

This score tries to represent how much each nonprofit will benefit from and make use of each dollar donated.

52 /100
    Score
  • $100 as a percent of Total Revenue
    0.00%
    12/20

    $100 as a percent of Total Revenue

    This is how much $100 represents as a percent of the charity's total revenue. The higher this is, the more likely the charity will benefit from the extra donation.

    Average value across nonprofits

    1.78%

  • $100 as a percent of Total Fundraising
    0.00%
    2/20

    $100 as a percent of Total Fundraising

    This is how much $100 represents as a percent of the charity's total revenue from fundraising. This is the portion the charity directly raises from the public. The higher this is, the more likely the charity will benefit from the extra donation.

    Average value across nonprofits

    14.93%

  • $100 as a percent of non-government funding
    0.35%
    14/20

    $100 as a percent of non-government funding

    This is how much $100 represents as a percent of the charity's total revenue from non-government sources. The higher this is, the more likely the charity will benefit from the extra donation from the public.

    Average value across nonprofits

    4.01%

  • Dollar Impact on Program Expenses
    0.00%
    10/20

    Dollar Impact on Program Expenses

    This is how much $100 represents as a proportion of the charity’s program expenses. You can think of this as the value of $100 relative to the money the charity spends pursuing its core mission.

    Average value across nonprofits

    2.26%

  • Program Expense Growth Less Revenue Growth
    3.01%
    14/20

    Program Expense Growth Less Revenue Growth

    This is calculated as the growth in program expenses minus the revenue growth. If this number is positive, then the charity is actively contributing more to its core mission as it receives more money as revenue.

    Average value across nonprofits

    7.25%

Reputation

Although we'd like charities to be able to act quickly, the best established charities are often the most trustworthy. This score represents a nonprofit's reputation and inherit trust.

84 /100
    Score
  • Nonprofit Tenure
    69 yrs
    27/30

    Nonprofit Tenure

    This is how long the particular nonprofit has been around since its incorporation. Nonprofits with longer nonprofit tenure are more likely to be established with significant reputations.

    Average value across nonprofits

    24 yrs

  • Total Net Assets
    20.14 billion
    30/30

    Total Net Assets

    This is the dollar value of all assets this nonprofit currently has. The higher the value of assets, the richer and more established a nonprofit likely is.

    Average value across nonprofits

    541K

  • Number of governing members
    11
    7/10

    Number of governing members

    This is how many members the nonprofit currently has on its governing board. Larger and more established nonprofits tend to have more members on their governing boards.

    Average value across nonprofits

    9

  • Active Size
    3 thousand
    10/10

    Active Size

    This is the sum of the number of volunteers and employees a nonprofit has. Larger and more established nonprofits tend to have more members volunteering and working for them.

    Average value across nonprofits

    4

  • Has public website

    Yes

    10/10

    Has public website

    Self-explanatory. The nonprofit has a website that the public can access.

    How many nonprofits have this

    71.19%

Management

This score represents a nonprofit's or charities management. We value management that is transparent, elected, and whose members are paid fairly without detracting from the nonprofits' mission.

88 /100
    Score
  • CEO Compensation Policy

    Yes

    10/10

    CEO Compensation Policy

    This checks whether a charity has a formal and approved compensation policy for its principal officer. Charities without a formal policy can change their CEO compensation more easily.

    How many nonprofits have this

    44.88%

  • Majority Independent Votes

    Yes

    10/10

    Majority Independent Votes

    This checks that the number of independent voting members is greater than half the total of voting members; that is, nonaffiliated members comprise more than half the voting board. This is useful to ensure the nonprofit remains unbiased.

    How many nonprofits have this

    87.86%

  • Elects Board Members

    No

    0/10

    Elects Board Members

    This represents whether the nonprofit enforces the election of board members. Nonprofits with elected board members are more likely to be unbiased.

    How many nonprofits have this

    16.19%

  • CEO Compensation Multiplier
    7.766
    8/10

    CEO Compensation Multiplier

    This is calculated by dividing the CEO’s salary by the estimated average salary of the nonprofit’s employees. A larger multiplier indicates that the nonprofit pays its’ CEO more favorably than its employees.

    Average value across nonprofits

    8.612

  • CEO Salary as a % of Expenses
    0.12%
    20/20

    CEO Salary as a % of Expenses

    This is calculated as the principal officer's salary divided by the total expenses of the nonprofit. The higher this is, the more a nonprofit spends on its CEO salary over other mission-related expenses.

    Average value across nonprofits

    6.21%

  • Management Compensation as a % of Expenses
    0.78%
    20/20

    Management Compensation as a % of Expenses

    This is calculated as the sum of management’s salary divided by the total expenses of the nonprofit. The higher this is, the more a nonprofit spends on its management over other mission-related expenses.

    Average value across nonprofits

    8.17%

  • Top 10 Salaries as a % of Expenses
    0.80%
    20/20

    Top 10 Salaries as a % of Expenses

    This is calculated as the sum of the 10 highest salaries divided by the total expenses of the nonprofit. The higher this is, the more a nonprofit spends on a few core members over other mission-related expenses.

    Average value across nonprofits

    10.21%

Transparency

This score represents how transaparent a nonprofit is within it's financial statements and through its policies.

84 /100
    Score
  • No Material Diversion or Misuse Of Assets

    Yes

    10/10

    No Material Diversion or Misuse Of Assets

    This represents if a given nonprofit has any unauthorized conversion or use of the organization’s assets other than for the nonprofit’s authorized use. This can include embezzlement or theft.

    How many nonprofits have this

    99.93%

  • No Loans to Related Parties

    Yes

    10/10
  • Has Audit Committee

    Yes

    8/8

    Has Audit Committee

    This represents if a given nonprofit has a dedicated internal audit committee to ensure the integrity and compliance of a given nonprofit.

    How many nonprofits have this

    45.62%

  • Takes Board Meeting Minutes

    Yes

    8/8

    Takes Board Meeting Minutes

    This represents if a given nonprofit documents board meeting minutes to ensure full transparency and record retention of the nonprofit’s process.

    How many nonprofits have this

    94.64%

  • Takes Committee Meeting Minutes

    Yes

    8/8

    Takes Committee Meeting Minutes

    This represents if a given nonprofit documents committee meeting minutes to ensure full transparency and record retention of the nonprofit’s process.

    How many nonprofits have this

    85.52%

  • Is Accountant Reviewed

    No

    0/8

    Is Accountant Reviewed

    This represents if the nonprofit has had an accountant compile or review its financial statements.

    How many nonprofits have this

    11.09%

  • Distributes the 990 to Board

    Yes

    8/8

    Distributes the 990 to Board

    This represents if the nonprofit distributes a copy of the 990 to its board before filing. This is considered good as it allows the board to review the filing before it becomes publicly available

    How many nonprofits have this

    72.77%

  • Has Audited Statements

    Yes

    8/8

    Has Audited Statements

    This represents if the nonprofit has its financials audited and validated by an independent party. This ensures that the financial statements provide accurate information.

    How many nonprofits have this

    45.70%

  • Has Official Conflict of Interest Policy

    Yes

    8/8

    Has Official Conflict of Interest Policy

    This represents if the nonprofit has an official conflict of interest policy documented. Not having such a policy can lead to conflicts of interest where private interests may go above the interests of the nonprofit.

    How many nonprofits have this

    68.68%

  • Has Whistleblower Policy

    Yes

    8/8

    Has Whistleblower Policy

    This represents if the nonprofit has an official whistleblower policy documented. A whistleblower policy shows the nonprofit has a way for employees to report any general or financial mismanagement without repercussion.

    How many nonprofits have this

    49.24%

  • Has Written Procedures Policy

    No

    0/8

    Has Written Procedures Policy

    This represents if the nonprofit has a written procedures policy. This provides a reference for staff, volunteers, and the board to ensure that the nonprofit operates honestly and effectively.

    How many nonprofits have this

    1.21%

  • Has Document Retention Policy

    Yes

    8/8

    Has Document Retention Policy

    This represents if the nonprofit has a written record retention policy for archiving documents. Ensuring good historical document archives ensures the nonprofit’s historical data is accurate and useful to the public.

    How many nonprofits have this

    52.24%

Revenue Breakdown

This is a breakdown of the companies revenue.

Category Amount Percent
Contributions, Gifts, and Grants 2.857 million 0.20%
Federated Campaigns 0 0.00%
Membership Dues 0 0.00%
Fundraising 0 0.00%
Government Grants 0 0.00%
Related Organizations 0 0.00%
Other 2.857 million 100.00%
Program Services 2.654 million 0.19%
Investment Income 171.7 million 12.16%
Sales of Non-Inventory Assets 1.136 billion 80.46%
Other Notable Sources 98.67 million 6.99%
Royalty Revenue 98.26 million 99.59%
Rental Income -680.8 thousand -0.69%
Income from Gaming 0 0.00%
Bond Proceeds 0 0.00%
Fundraising Events (Non CCG) 0 0.00%
Other 1.089 million 1.10%
Total Revenue 1.411 billion 100.00%

Expenses Breakdown

This is a breakdown of the companies revenue.

Expenses by Functional Area

Category Amount Percent
Program Services 832.7 million 76.98%
Management and Administrative 249 million 23.02%
Fundraising 0 0.00%
Total Expenses 1.082 billion 100.00%

Expenses by Specific Category

Category Amount Percent
Salary and Other Compensation 34.07 million 3.15%
Grants Paid 0 0.00%
Benefits Paid Members 504.8 million 46.67%
Fundraising Fees 0 0.00%
Fundraising Expenses 0 0.00%
Other Expenses 542.8 million 50.18%
Total Expenses 1.082 billion 100.00%

Employees by Salary

Similar Specialization

Logo ofHOWARD HUGHES MEDICAL INSTITUTE

SCRIPPS RESEARCH INSTITUTE

EIN: 33-0435954

Tsri conducts biomedical and biochemical research and postgraduate training programs.

Specialization

Biomedicine & Bioengineering Research

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OKLAHOMA MEDICAL RESEARCH FOUNDATION

EIN: 73-0580274

Oklahoma medical research foundation (omrf) is dedicated to developing a better understanding of and more effective treatments for human disease.

Specialization

Biomedicine & Bioengineering Research

Logo ofHOWARD HUGHES MEDICAL INSTITUTE

WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH

EIN: 06-1043412

See schedule o.

Specialization

Biomedicine & Bioengineering Research

Logo ofHOWARD HUGHES MEDICAL INSTITUTE

CINCINNATI EDUCATION AND RESEARCH FOR VETERANS FOUNDATION

EIN: 31-1347969

To improve the health of veterans and society by advancing the research and education mission of the cincinnati va medical center.

Specialization

Biomedicine & Bioengineering Research

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STEADMAN PHILIPPON RESEARCH INSTITUTE

EIN: 88-0245022

Dedication to keeping people physically active through orthopaedic research and education.

Specialization

Biomedicine & Bioengineering Research

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FOUNDATION FOR BIOMEDICAL RESEARCH

EIN: 04-2746997

Creates & disseminates educational materials to the general public, the media, students and the research community that describes the essential role humane and responsible animal research plays in continued medical progress.

Specialization

Biomedicine & Bioengineering Research

Similar Size

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UNIVERSITY OF NOTRE DAME DU LAC

EIN: 35-0868188

See schedule o.

Net Assets

13.72 billion

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MILTON HERSHEY SCHOOL & SCHOOL TRUST

EIN: 23-1353340

In keeping with milton and catherine hershey's deed of trust, milton hershey school nurtures and educates children in social and financial need. see schedule o.

Net Assets

17.39 billion

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TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

EIN: 23-1352685

The provision of education, research, and charitable patient care services.

Net Assets

16.12 billion

Logo ofHOWARD HUGHES MEDICAL INSTITUTE

KAISER FOUNDATION HOSPITALS

EIN: 94-1105628

To provide high-quality, affordable health care services to improve the health of our members and the communities we serve.

Net Assets

29.87 billion

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FIDELITY INVESTMENTS CHARITABLE GIFT FUND

EIN: 11-0303001

See schedule o

Net Assets

30.98 billion

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THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

EIN: 94-1156365

Stanford university is one of a select group of american universities that have achieved eminence in both undergraduate and graduate education and research - cont'd sch o.

Net Assets

38.5 billion

Similar MIP Score

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ROCKY MOUNTAIN BIRD OBSERVATORY

EIN: 84-1079882

Conserve birds and their habitats through science, education and land stewardship.

MIP Score

72

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BEYOND HOUSING INC

EIN: 51-0179471

Strengthening neighborhoods, improving and preserving housing in partnership with residents, businesses and government.

MIP Score

73

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FRIENDS OF PBS WISCONSIN INC

EIN: 23-7300462

To support educational, cultural and community broadcasting services of wisconsin public television.

MIP Score

74

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PRISON LAW OFFICE

EIN: 94-2495939

The prison law office provides free legal services to california state prisoners, and occasionally to california state parolees. our assistance is generally limited to cases regarding conditions of confinement.

MIP Score

73

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TRANSGENDER LAW CENTER

EIN: 05-0544006

Transgender law center tlc changes law, policy and attitudes so that all people can live safely, authentically, and free from discrimination regardless of their gender identity or expression.

MIP Score

73

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GOLISANO CHILDRENS MUSEUM OF NAPLES INC

EIN: 01-0687133

To provide an exciting, inspiring environment where children and their families play, learn, and dream together. c'mon is a brain-building powerhouse fueled by steam (science, technology, engineering, art and math) activities and experiences. we feed hungry young minds with the building blocks of success called the executive function skills.

MIP Score

81