Harvard Management Company Inc

Boston, MA
Tax-exempt since April 1974
EIN: 23-7361259

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Management & Technical Assistance (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Provided first-class or charter travel

Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Revenue

$129M (2023)

Expenses

$129M (2023)

Total Assets

$108M (2023)

Total Liabilities

$108M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Revenue

$128,714,153

Expenses

$128,714,153

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$128,714,153	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$23,689,575	18.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$59,706,454	46.4%

Assets/Debt
Total Assets	$108,183,708
Total Liabilities	$108,183,708
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Nirmal P Narvekar (Md President & Ceo)	$9,602,531	$0	$65,735
Richard W Slocum (Md Cio)	$7,682,394	$0	$65,735
Carlos Saravia (Md Generalist Team)	$6,614,167	$0	$65,399
Adam Goldstein (Md Generalist Team)	$5,936,995	$0	$65,393
Elise Mc Donald (Md Generalist Team)	$5,158,359	$0	$73,279
John Shue (Md Generalist Team)	$5,078,775	$0	$65,477
Viral Dholabhai (Md Generalist Team)	$4,272,960	$0	$65,399
Sanjeev Daga (Md Coo & Treasurer)	$3,915,776	$0	$67,097
Kathryn I Murtagh (Md Cco & Clerk)	$2,252,121	$0	$46,222
Amy C Falls (Director)	$0	$0	$0
Brian Rogers (Director)	$0	$0	$0
Eric Doppstadt (Director)	$0	$0	$0
Jeremy C Stein (Director)	$0	$552,624	$60,161
Joshua S Friedman (Director)	$0	$0	$0
Keith Johnson (Director)	$0	$0	$0
Lawrence S Bacow (Director)	$0	$1,333,866	$423,243
Paul J Finnegan (Director & Chair)	$0	$0	$0
Robert Jain (Director)	$0	$0	$0
Thomas J Hollister (Director)	$0	$630,779	$72,261
Thomas L Kempner Jr (Director)	$0	$0	$0
Timothy R Barakett (Director)	$0	$0	$0
William M Lewis Jr (Director)	$0	$0	$0

+ View more people

990

Filed on May 10, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2022

Revenue

$147,214,674

Expenses

$147,214,674

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$147,214,674	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$23,953,284	16.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$75,101,017	51.0%

Assets/Debt
Total Assets	$127,984,443
Total Liabilities	$127,984,443
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Nirmal P Narvekar (Md President & Ceo)	$8,749,717	$0	$1,728,098
Richard W Slocum (Md Cio)	$7,001,504	$0	$1,395,403
Elise Mc Donald (Md Generalist Team)	$6,677,587	$0	$1,004,680
John Shue (Md Generalist Team)	$6,447,604	$0	$963,645
Carlos Saravia (Md Generalist Team)	$6,124,853	$0	$63,567
Sanjeev Daga (Md Coo & Treasurer)	$5,521,785	$0	$63,765
Adam Goldstein (Md Generalist Team)	$5,446,099	$0	$63,561
Marcus Loveland (Md Generalist Team)	$4,957,410	$0	$63,567
Kathryn I Murtagh (Md Cco & Clerk)	$2,452,214	$0	$44,560
Jiqing Xia (Md Generalist Team)	$2,111,535	$0	$66,515
Amy C Falls (Director)	$0	$0	$0
Brian Rogers (Director)	$0	$0	$0
Eric Doppstadt (Director)	$0	$0	$0
Jeremy C Stein (Director)	$0	$538,725	$62,208
Joshua S Friedman (Director)	$0	$0	$0
Lawrence S Bacow (Director)	$0	$1,048,985	$281,215
Paul J Finnegan (Director & Chair)	$0	$0	$0
Robert Jain (Director)	$0	$0	$0
Thomas J Hollister (Director)	$0	$544,795	$69,139
Thomas L Kempner Jr (Director)	$0	$0	$0
William M Lewis Jr (Director)	$0	$0	$0

+ View more people

990

Filed on May 11, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$150,315,354

Expenses

$150,315,354

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$150,315,354	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$10,300,431	6.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$88,797,985	59.1%

Assets/Debt
Total Assets	$123,375,286
Total Liabilities	$123,375,286
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Sanjeev Daga (Md Coo & Treasurer)	$6,020,756	$0	$1,136,730
Elise Mc Donald (Md Generalist Team)	$3,702,317	$0	$1,003,200
John Shue (Md Generalist Team)	$3,499,650	$0	$962,165
Kathryn I Murtagh (Md Cco & Clerk)	$2,252,656	$0	$43,641
Hans Plukas (Md Generalist Team)	$2,016,592	$0	$68,206
Elaine Chan (Md Generalist Team)	$1,630,466	$0	$52,960
Kerr Mone (Md Generalist Team)	$1,570,544	$0	$64,146
Nirmal P Narvekar (Md President & Ceo)	$1,002,336	$0	$62,285
Richard W Slocum (Md Cio)	$803,578	$0	$62,423
Jiqing Xia (Md Generalist Team)	$649,586	$0	$65,035
Amy C Falls (Director)	$0	$0	$0
Brian Rogers (Director)	$0	$0	$0
Eric Doppstadt (Director)	$0	$0	$0
Jeremy C Stein (Director)	$0	$559,041	$62,357
Joshua S Friedman (Director)	$0	$0	$0
Lawrence S Bacow (Director)	$0	$912,565	$220,378
Paul J Finnegan (Director & Chair)	$0	$0	$0
Robert Jain (Director)	$0	$0	$0
Thomas J Hollister (Director)	$0	$545,891	$67,904
Thomas L Kempner Jr (Director)	$0	$0	$0
William M Lewis Jr (Director)	$0	$0	$0

+ View more people

990

Filed on May 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2020

Revenue

$110,703,172

Expenses

$110,703,172

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$110,703,172	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$19,729,096	17.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$35,238,596	31.8%

Assets/Debt
Total Assets	$91,623,486
Total Liabilities	$91,623,486
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Sanjeev Daga (Md Coo & Treasurer)	$6,264,390	$0	$3,590,132
Nirmal P Narvekar (Md President & Ceo)	$6,252,291	$0	$61,539
Richard W Slocum (Md Cio)	$5,003,533	$0	$61,677
Robert A Ettl (Md Operations)	$4,775,833	$0	$64,377
Adam S Goldstein (Md Generalist Team)	$4,375,455	$0	$61,335
Carlos Saravia (Md Generalist Team)	$4,375,455	$0	$61,335
Elise Mc Donald (Md Generalist Team)	$3,583,958	$0	$1,069,071
John Shue (Md Generalist Team)	$2,786,947	$0	$1,030,086
Jiqing Xia (Md Generalist Team)	$2,199,591	$0	$64,239
Kathryn I Murtagh (Md Cco & Clerk)	$1,936,548	$0	$42,914
Amy C Falls (Director)	$0	$0	$0
Brian Rogers (Director)	$0	$0	$0
Jane Brock Wilson (Director)	$0	$0	$0
Jeremy C Stein (Director)	$0	$582,098	$62,037
Joshua S Friedman (Director)	$0	$0	$0
Lawrence S Bacow (Director)	$0	$1,046,906	$177,983
Paul J Finnegan (Director & Chair)	$0	$0	$0
Robert Jain (Director)	$0	$0	$0
Thomas J Hollister (Director)	$0	$563,241	$66,372
Thomas L Kempner Jr (Director)	$0	$0	$0
William M Lewis Jr (Director)	$0	$0	$0

+ View more people

990

Filed on May 13, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2019

Revenue

$138,491,905

Expenses

$138,491,905

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$138,491,905	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$18,804,316	13.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$73,063,589	52.8%

Assets/Debt
Total Assets	$92,952,052
Total Liabilities	$92,952,052
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Nirmal P Narvekar (Md President & Ceo)	$7,201,795	$0	$1,357,418
Kavindi Wickremage (Svp Real Estate)	$5,843,513	$0	$6,446
Benjamin Brady (Svp Real Estate)	$5,776,622	$0	$8,217
Richard W Slocum (Md Cio)	$5,003,037	$0	$1,182,658
Carlos Saravia (Md Generalist Team)	$4,632,067	$0	$1,015,666
Adam S Goldstein (Md Generalist Team)	$4,631,019	$0	$1,012,922
Orest Hrabowych (Svp Real Estate)	$4,472,265	$0	$5,928
Robert A Ettl (Md Coo & Treasurer (Until 3/14/19))	$4,448,145	$0	$62,771
Jiqing Xia (Md Cro)	$2,699,215	$0	$61,501
Kathryn I Murtagh (Md Cco & Clerk)	$1,836,048	$0	$42,040
Paul J Finnegan (Director & Chair)	$0	$0	$0
Jane Brock Wilson (Director)	$0	$0	$0
Amy C Falls (Director)	$0	$0	$0
Lawrence S Bacow (Director)	$0	$523,008	$47,064
Joshua S Friedman (Director)	$0	$0	$0
Thomas J Hollister (Director)	$0	$546,072	$66,497
Robert Jain (Director)	$0	$0	$0
Thomas L Kempner Jr (Director)	$0	$0	$0
Brian Rogers (Director)	$0	$0	$0
Jeremy C Stein (Director)	$0	$547,835	$61,516
William M Lewis Jr (Director (As Of 3/1/19))	$0	$0	$0
Sanjeev Daga (Md Coo & Treasurer (As Of 3/14/19))	$0	$0	$0

+ View more people

990

Filed on July 9, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2018

Revenue

$127,934,955

Expenses

$127,934,955

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$127,934,955	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$23,027,008	18.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$63,268,341	49.5%

Assets/Debt
Total Assets	$66,442,843
Total Liabilities	$66,442,843
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Cummings (Md Real Estate)	$10,057,908	$0	$59,179
Nirmal P Narvekar (Md President & Ceo)	$9,251,786	$0	$3,847,338
Michele Toscani (Md Fixed Income)	$5,462,879	$0	$27,835
Robert A Ettl (Md Coo & Treasurer)	$5,254,276	$0	$59,641
Adam S Goldstein (Md Generalist Team)	$5,238,443	$0	$2,628,714
Carlos Saravia (Md Generalist Team)	$5,219,912	$0	$2,634,170
Richard W Slocum (Md Cio)	$5,056,899	$0	$2,900,166
Elise Mcdonald (Md Generalist Team)	$4,526,977	$0	$63,343
Jiqing Xia (Md Cro)	$2,699,156	$0	$58,421
Kathryn I Murtagh (Md Cco & Clerk)	$1,651,050	$0	$40,440
Paul J Finnegan (Director & Chair)	$0	$0	$0
Jane Brock Wilson (Director)	$0	$0	$0
Amy C Falls (Director)	$0	$0	$0
Drew Gilpin Faust (Director)	$0	$980,970	$726,100
Joshua S Friedman (Director)	$0	$0	$0
Thomas J Hollister (Director)	$0	$517,675	$63,113
Robert Jain (Director)	$0	$0	$0
Thomas L Kempner Jr (Director)	$0	$0	$0
Brian Rogers (Director)	$0	$0	$0
Jeremy C Stein (Director)	$0	$517,888	$59,920

+ View more people

990

Filed on May 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2017

Revenue

$231,013,945

Expenses

$231,013,945

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$231,013,945	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$15,531,753	6.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$161,481,443	69.9%

Assets/Debt
Total Assets	$168,919,069
Total Liabilities	$168,919,069
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Cummings (Md Real Estate)	$23,798,880	$0	$54,647
Michele Toscani (Md Fixed Income)	$7,011,118	$0	$53,795
Stephen J Blyth (Md President & Ceo * See Sch O)	$6,730,697	$28,461	$41,778
Graig Fantuzzi (Md Fixed Income)	$4,787,334	$0	$53,765
Robert A Ettl (Md Coo & Treasurer * See Sch O)	$4,299,220	$0	$57,059
Joseph Marconi (Svp Portfolio Manager, Real Estate)	$3,009,602	$0	$61,387
Benjamin Brady (Svp Real Estate)	$3,002,592	$0	$52,823
Jiqing Xia (Md Cro)	$2,435,656	$0	$55,927
Kathryn I Murtagh (Md Cco & Clerk)	$1,464,116	$0	$39,055
Nirmal P Narvekar (Md President & Ceo(as Of 12/5/16))	$57,746	$0	$913,985
Paul J Finnegan (Director & Chair)	$0	$0	$0
Jane Brock Wilson (Director)	$0	$0	$0
Amy C Falls (Director)	$0	$0	$0
Drew Gilpin Faust (Director)	$0	$909,678	$623,807
Joshua S Friedman (Director)	$0	$0	$0
Thomas J Hollister (Director)	$0	$525,951	$61,755
Robert Jain (Director)	$0	$0	$0
Thomas L Kempner Jr (Director)	$0	$0	$0
Brian Rogers (Director(as Of 2/13/17))	$0	$0	$0
Jeremy C Stein (Director)	$0	$508,796	$57,802

+ View more people

990

Filed on May 11, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2016

Revenue

$171,267,441

Expenses

$171,267,441

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$171,267,441	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$15,594,929	9.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$111,409,029	65.0%

Assets/Debt
Total Assets	$107,931,596
Total Liabilities	$107,931,596
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Stephen J Blyth (Md President & Ceo * See Sch O)	$14,835,922	$12	$52,350
Daniel Cummings (Md Real Estate)	$11,521,764	$0	$52,655
Andrew G Wiltshire (Md Head Of Alt.Assets(until 10/9/15))	$11,392,515	$0	$47,757
Michele Toscani (Md Fixed Income)	$5,798,826	$0	$52,349
Marco Barrozo (Md Fixed Income(until 10/2/15))	$4,838,697	$0	$42,419
Robert A Ettl (Md Coo & Treasurer * See Sch O)	$4,697,050	$0	$55,067
Graig Fantuzzi (Md Fixed Income)	$4,673,114	$0	$52,319
Jiqing Xia (Md Cro)	$3,256,863	$0	$53,397
Kathryn I Murtagh (Md Cco & Clerk)	$1,284,937	$0	$37,911
Paul J Finnegan (Director & Chair)	$0	$0	$0
Jane Brock Wilson (Director)	$0	$0	$0
Amy C Falls (Director)	$0	$0	$0
Drew Gilpin Faust (Director)	$0	$1,404,848	$494,228
Joshua S Friedman (Director)	$0	$0	$0
Thomas J Hollister (Director)	$0	$297,892	$49,019
Glenn H Hutchins (Director)	$0	$0	$0
Robert Jain (Director)	$0	$0	$0
Robert S Kaplan (Director(until 8/25/15))	$0	$260,314	$45,439
Thomas L Kempner Jr (Director)	$0	$0	$0
Katherine N Lapp (Director(until 9/28/15))	$0	$659,823	$41,897
Martin L Leibowitz (Director)	$0	$0	$0
James F Rothenberg (Director(until 7/21/15))	$0	$0	$0
Jeremy C Stein (Director)	$0	$455,948	$55,777

+ View more people

990

Filed on May 12, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2015

Revenue

$210,425,323

Expenses

$210,425,323

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$210,425,323	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$38,245,428	18.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$125,854,493	59.8%

Assets/Debt
Total Assets	$139,440,970
Total Liabilities	$139,440,970
Net Assets	$0

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Jane L Mendillo (Md President & Ceo(until 12/31/14))	$13,757,369	$0	$55,282
Andrew G Wiltshire (Md Head Of Alt. Assets)	$10,403,329	$0	$51,458
Daniel Cummings (Md Real Estate)	$8,668,164	$0	$53,901
Stephen J Blyth (Md President & Ceo(as Of 1/1/15))	$8,292,303	$12	$53,791
Elise Mcdonald (Md Absolute Return)	$4,489,988	$0	$57,402
Robert A Ettl (Md Coo & Treasurer)	$4,389,924	$0	$54,933
Michele Toscani (Md Fixed Income)	$3,945,196	$0	$50,285
Graig Fantuzzi (Md Fixed Income)	$3,520,721	$0	$50,285
Jiqing Xia (Md Cro)	$2,511,973	$0	$41,228
Kathryn I Murtagh (Md Cco & Clerk)	$980,618	$0	$37,615
James F Rothenberg (Director & Chair)	$0	$0	$0
Jane Brock Wilson (Director)	$0	$0	$0
Sir Ronald Cohen (Director)	$0	$0	$0
Drew Gilpin Faust (Director)	$0	$816,370	$386,610
Paul J Finnegan (Director)	$0	$0	$0
William W Helman (Director)	$0	$0	$0
Glenn H Hutchins (Director)	$0	$0	$0
Robert S Kaplan (Director)	$0	$349,573	$44,219
Thomas L Kempner Jr (Director)	$0	$0	$0
Katherine N Lapp (Director)	$0	$630,414	$41,375
Martin L Leibowitz (Director)	$0	$0	$0
Jay O Light (Director)	$0	$0	$0
Alvaro Aguirre Simunovic (Md Natural Resources)	$0	$3,597,599	$50,402

+ View more people

990

Filed on May 13, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2014

Revenue

$177,221,137

Expenses

$177,221,137

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$177,221,137	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$36,087,942	20.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$97,814,094	55.2%

Assets/Debt
Total Assets	$119,076,213
Total Liabilities	$119,076,213
Net Assets	$0

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Stephen J Blyth (Md Head Of Public Markets)	$11,435,692	$12	$62,825
Jane L Mendillo (Md President & Ceo)	$9,497,390	$0	$62,547
Andrew G Wiltshire (Md Head Of Alternative Assets)	$8,418,110	$0	$57,407
Daniel Cummings (Md Real Estate)	$5,318,164	$0	$54,187
Marco Barrozo (Md Fixed Income)	$4,787,750	$0	$52,536
Robert A Ettl (Md Coo & Treasurer)	$4,009,729	$0	$56,337
Graig Fantuzzi (Md Fixed Income)	$3,177,160	$0	$50,890
Neil Mason (Md Cro (Until 7/1/13))	$2,462,458	$0	$28,193
Kathryn I Murtagh (Md Cco & Clerk)	$968,766	$0	$36,744
Jiqing Xia (Md Cro)	$307,118	$0	$12,010
James F Rothenberg (Director & Chair)	$0	$0	$0
Jane Brock Wilson (Director)	$0	$0	$0
Sir Ronald Cohen (Director)	$0	$0	$0
Drew Gilpin Faust (Director)	$0	$784,533	$327,616
Paul J Finnegan (Director (As Of 3/1/14))	$0	$0	$0
William W Helman (Director)	$0	$0	$0
Glenn H Hutchins (Director)	$0	$0	$0
Robert S Kaplan (Director)	$0	$351,221	$39,582
Thomas L Kempner Jr (Director)	$0	$0	$0
Katherine N Lapp (Director)	$0	$615,753	$42,202
Martin L Leibowitz (Director)	$0	$0	$0
Jay O Light (Director)	$0	$0	$0
Peter A Nadosy (Director (Until 12/31/13))	$0	$0	$0
Alvaro Aguirre Simunovic (Md Natural Resources)	$0	$9,497,053	$57,456
Oliver Grantham (Svp Natural Resources)	$0	$3,544,687	$44,125

+ View more people

990

Filed on May 14, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2013

Revenue

$165,971,521

Expenses

$165,971,521

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$165,971,521	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$37,397,217	22.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$86,136,481	51.9%

Assets/Debt
Total Assets	$112,547,235
Total Liabilities	$112,547,235
Net Assets	$0

990

Filed on June 30, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2012

Revenue

$139,255,343

Expenses

$139,255,343

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$139,255,343	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$25,478,101	18.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$69,897,630	50.2%

Assets/Debt
Total Assets	$83,518,157
Total Liabilities	$83,518,157
Net Assets	$0

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2011

Revenue

$110,353,188

Expenses

$110,353,188

Net Income

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$110,353,188	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$23,718,891	21.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$45,164,735	40.9%

Assets/Debt
Total Assets	$70,086,233
Total Liabilities	$70,086,233
Net Assets	$0

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated October 30, 2024

Harvard Management Company Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $129M (2023)

Expenses $129M (2023)

Total Assets $108M (2023)

Total Liabilities $108M (2023)

Tax Filings by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2014

Revenue

$129M (2023)

Expenses

$129M (2023)

Total Assets

$108M (2023)

Total Liabilities

$108M (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001