The Milken Institute

Santa Monica, CA
Tax-exempt since May 1991
EIN: 95-4240775

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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.

Donations to this organization are tax deductible.

Details

According to its Dec. 2022 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.

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$274M (2022)

Expenses

$93.1M (2022)

Total Assets

$1.09B (2022)

Total Liabilities

$77.1M (2022)

Source: Form 990 tax filings from 2011 to 2022

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 Dec.
2022

Revenue

$273,734,030

Expenses

$93,099,476

Net Income

$180,634,554

Net Assets

$1,016,351,259

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$252,970,179	92.4%
Program Services	$1,064,153	0.4%
Investment Income	$19,520,581	7.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$126,573	0.0%
Net Fundraising	$0
Sales of Assets	$52,544	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,249,981	3.5%
Professional Fundraising Fees	$682,228	0.7%
Other Salaries and Wages	$27,337,552	29.4%

Assets/Debt
Total Assets	$1,093,462,243
Total Liabilities	$77,110,984
Net Assets	$1,016,351,259

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kerry Healey (President Mcaad)	$826,347	$0	$14,612
Michael L Klowden (Executive Vice Chairman)	$796,662	$0	$47,567
Richard Ditizio (Chief Executive Officer & President)	$769,249	$0	$47,583
Martha Mazzone (General Counsel)	$462,598	$0	$26,212
Esther Krofah (Executive Vice President)	$418,503	$0	$28,309
John Hunter (Exec. Vp & Cfo)	$403,677	$0	$61,137
Melissa Stevens (Executive Vice President)	$402,193	$0	$23,089
Sarah Sandler (Exec Dir Business & Prog Development)	$393,947	$0	$18,188
Michael Piwowar (Executive Vice President)	$392,491	$0	$61,137
Kathryn O'reilly (Exec Dir Business & Prog Development)	$267,422	$0	$15,725
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Dr Yvonne Chan (Director)	$0	$0	$0
Mariano Guzman (Director)	$0	$0	$0
Dr Freda Lewis Hall (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Kneeland Youngblood (Director)	$0	$0	$0

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990

Filed on Nov. 15, 2023

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990-T

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Fiscal Year Ending Dec.
2021

Revenue

$317,370,742

Expenses

$64,582,177

Net Income

$252,788,565

Net Assets

$851,085,571

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$289,090,736	91.1%
Program Services	$225,674	0.1%
Investment Income	$16,574,460	5.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$687,749	0.2%
Net Fundraising	$0
Sales of Assets	$10,792,123	3.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,362,542	5.2%
Professional Fundraising Fees	$230,028	0.4%
Other Salaries and Wages	$22,317,247	34.6%

Assets/Debt
Total Assets	$890,913,032
Total Liabilities	$39,827,461
Net Assets	$851,085,571

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$723,033	$0	$39,645
Richard Ditizio (President & Coo)	$669,905	$0	$39,764
Kerry Healey (President Mcaad)	$550,541	$0	$14,612
Kathryn O'reilly (Exec Dir Business & Prog Development)	$424,971	$0	$50,074
John Hunter (Exec. Vp & Cfo)	$390,667	$0	$50,177
Martha Mazzone (Coo & General Counsel Mcaad)	$383,141	$0	$26,012
Melissa Stevens (Exec Dir Ctr For Strategic Philanthropy)	$377,015	$0	$22,659
Michael Piwowar (Exec Dir Ctr For Financial Markets)	$374,481	$0	$50,177
Kevin Klowden (Exec Dir Ctr For Regional Economics)	$364,136	$0	$50,177
Esther Krofah (Exec Dir Fastercures & Ctr For Public Health)	$357,084	$0	$27,745
Paul Irving (Chairman Ctr For The Future Of Aging)	$318,412	$0	$39,661
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Dr Yvonne Chen (Director)	$0	$0	$0
Mariano Guzman (Director)	$0	$0	$0
Dr Freda Lewis Hall (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Kneeland Youngblood (Director)	$0	$0	$0

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990

Filed on Nov. 15, 2022

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990-T

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

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Fiscal Year Ending Dec.
2020

Revenue

$137,924,964

Expenses

$54,155,182

Net Income

$83,769,782

Net Assets

$577,478,353

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$121,048,896	87.8%
Program Services	$155,746	0.1%
Investment Income	$6,247,974	4.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,000,355	1.5%
Net Fundraising	$0
Sales of Assets	$8,471,993	6.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,168,777	5.9%
Professional Fundraising Fees	$487,537	0.9%
Other Salaries and Wages	$21,366,382	39.5%

Assets/Debt
Total Assets	$606,413,267
Total Liabilities	$28,934,914
Net Assets	$577,478,353

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$798,033	$0	$35,957
Richard Ditizio (President & Coo)	$744,905	$0	$36,075
Kerry Healey (President Mcaad)	$591,791	$0	$4,160
Kathryn O'reilly (Exec Dir Business & Prog Development)	$477,171	$0	$44,958
Staci Warden (Exec Dir Global Market Development)	$410,631	$0	$18,233
Melissa Stevens (Exec Dir Ctr For Strategic Philanthr)	$396,615	$0	$22,217
John Hunter (Exec. Vp & Cfo & Assist. Treasurer)	$390,667	$0	$45,061
Edward Greissing (Exec Dir Ctr For Public Health)	$384,521	$0	$1,205
Michael Piwowar (Exec Dir Center Fr Financial Market)	$374,481	$0	$45,061
Kevin Klowden (Exec Dir Marketing & Communication)	$364,136	$0	$45,061
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0

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990

Filed on Nov. 16, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$133,637,630

Expenses

$59,116,470

Net Income

$74,521,160

Net Assets

$470,799,309

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$123,950,653	92.8%
Program Services	$1,041,421	0.8%
Investment Income	$5,925,814	4.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$695,191	0.5%
Net Fundraising	$0
Sales of Assets	$2,024,551	1.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,658,777	4.5%
Professional Fundraising Fees	$413,452	0.7%
Other Salaries and Wages	$19,248,782	32.6%

Assets/Debt
Total Assets	$495,596,548
Total Liabilities	$24,797,239
Net Assets	$470,799,309

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$747,272	$0	$37,326
Richard Ditizio (President & Coo)	$691,622	$0	$48,148
Kathryn O'reilly (Exec Dir Business & Prog Development)	$448,803	$0	$48,005
Tanisha Carino (Exec Dir Fastercures)	$393,652	$0	$35,593
Staci Warden (Exec Dir Global Market Development)	$390,031	$0	$15,232
John Hunter (Executivie Vp & Cfo & Assist. Treasurer)	$379,511	$0	$48,148
Melissa Stevens (Exec Dir Ctr For Strategic Philanthropy)	$365,921	$0	$19,168
Michael Piwowar (Exec Dir Center Fr Financial Markets)	$363,326	$0	$43,072
Jill Posnick (Exec Dir Marketing & Communications)	$351,930	$0	$23,391
Kerry Healey (President Caad)	$206,157	$0	$3,785
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0

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990

Filed on Nov. 17, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$59,958,585

Expenses

$54,836,160

Net Income

$5,122,425

Net Assets

$380,013,900

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$52,074,500	86.9%
Program Services	$766,202	1.3%
Investment Income	$7,123,757	11.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$139,824	0.2%
Net Fundraising	$0
Sales of Assets	-$145,698
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,251,636	4.1%
Professional Fundraising Fees	$564,262	1.0%
Other Salaries and Wages	$16,199,117	29.5%

Assets/Debt
Total Assets	$405,947,692
Total Liabilities	$25,933,792
Net Assets	$380,013,900

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$672,741	$0	$34,580
Richard Ditizio (President & Coo)	$616,645	$0	$44,491
Kathryn O'reilly (Exec Dir Business & Prog Development)	$429,254	$0	$29,250
Staci Warden (Exec Dir Center For Fin Markets)	$390,006	$0	$14,964
John Hunter (Executivie Vp & Cfo & Assist. Treasurer)	$380,184	$0	$44,491
William Lee (Exec Dir Chief Economist)	$376,160	$0	$819
Melissa Stevens (Exec Dir Ctr For Strategic Philanthropy)	$351,515	$0	$19,100
Tanisha Carino (Exec Dir Fastercures)	$346,336	$0	$33,359
Jill Posnick (Exec Dir Marketing & Communications)	$342,094	$0	$21,762
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0

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990

Filed on Nov. 14, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$79,813,014

Expenses

$45,611,741

Net Income

$34,201,273

Net Assets

$372,843,951

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$71,760,788	89.9%
Program Services	$856,858	1.1%
Investment Income	$4,588,479	5.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$131,541	0.2%
Net Fundraising	$0
Sales of Assets	$2,475,348	3.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,886,857	4.1%
Professional Fundraising Fees	$470,522	1.0%
Other Salaries and Wages	$13,879,565	30.4%

Assets/Debt
Total Assets	$405,625,413
Total Liabilities	$32,781,462
Net Assets	$372,843,951

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$622,791	$0	$32,346
Richard Ditizio (President & Coo)	$570,185	$0	$28,239
Kathryn O'reilly (Exec Dir Business & Prog Dev.)	$416,092	$0	$20,690
John Hunter (Executivie Vp & Cfo)	$380,543	$0	$40,423
Staci Warden (Exec Dir Center For Fin Markets)	$375,006	$0	$18,074
Melissa Stevens (Exec Dir Ctr For Strategic Philanthropy)	$316,485	$0	$17,727
Jill Posnick (Executive Director)	$295,737	$0	$10,885
William Lee (Exec Dir/Chief Economist)	$268,116	$0	$946
Kamyab Hashemi Nejad (Dir Of Finance & Asst Treasurer)	$187,047	$0	$25,283
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0

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990

Filed on Nov. 14, 2018

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990-T

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

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Fiscal Year Ending Dec.
2016

Revenue

$47,638,129

Expenses

$42,559,621

Net Income

$5,078,508

Net Assets

$323,166,876

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$44,635,444	93.7%
Program Services	$734,702	1.5%
Investment Income	$2,434,121	5.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$136,800	0.3%
Net Fundraising	$0
Sales of Assets	-$303,788
Net Inventory Sales	$0
Other Revenue	$850	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,596,000	6.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$10,502,137	24.7%

Assets/Debt
Total Assets	$359,301,319
Total Liabilities	$36,134,443
Net Assets	$323,166,876

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$572,841	$0	$27,740
Richard Ditizio (President & Coo)	$520,350	$0	$20,700
Margaret Anderson (Executive Dir Fastercures)	$463,048	$0	$23,096
Kathryn O'reilly (Exec Dir Business & Prog Development)	$398,296	$0	$23,740
Staci Warden (Exec Dir Center For Fin Markets)	$350,006	$0	$12,728
Ross Devol (Chief Research Officer)	$345,506	$0	$29,804
John Hunter (Executivie Vp & Cfo)	$298,744	$0	$35,936
Melissa Stevens (Exec Dir Ctr For Strategic Philanthropy)	$275,967	$0	$16,252
Paul H Irving (Chariman Center For The Future Of Ag)	$265,953	$0	$27,668
Sarah Sandler (Director Business & Prog Development)	$238,656	$0	$12,768
Kamyab Hashemi Nejad (Director Of Finance And Asst Treasurer)	$183,597	$0	$27,912
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0

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990

Filed on Nov. 15, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$239,853,798

Expenses

$36,405,927

Net Income

$203,447,871

Net Assets

$316,043,571

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$235,055,710	98.0%
Program Services	$2,438,537	1.0%
Investment Income	$1,366,809	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$151,520	0.1%
Net Fundraising	$0
Sales of Assets	-$262,174
Net Inventory Sales	$0
Other Revenue	$1,103,396	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,973,081	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$9,612,172	26.4%

Assets/Debt
Total Assets	$358,155,709
Total Liabilities	$42,112,138
Net Assets	$316,043,571

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$547,694	$0	$26,367
Richard Ditizio (President And Coo)	$469,746	$0	$29,893
Ross Devol (Chief Research Officer)	$371,154	$0	$28,231
Margaret Anderson (Executive Dir Fastercures)	$368,052	$0	$24,702
Staci Warden (Exec Dir Center For Fin Markets)	$348,601	$0	$19,120
Paul H Irving (Chairman Center For The Future Of Aging)	$341,445	$0	$26,298
Kathryn O'reilly (Exe Dir Business And Prog. Dev.)	$320,879	$0	$17,079
Mindy Silverstein (Managing Dir Business & Development)	$302,258	$0	$28,026
John Hunter (Executive Vp & Cfo)	$265,080	$0	$31,236
Kamyab Hashemi Nejad (Assistant Treas + Dir Of Finance)	$183,875	$0	$26,436
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0

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990

Filed on Nov. 16, 2016

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990-T

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

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Fiscal Year Ending Dec.
2014

Revenue

$61,873,440

Expenses

$34,314,521

Net Income

$27,558,919

Net Assets

$110,467,506

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$60,126,744	97.2%
Program Services	$985,880	1.6%
Investment Income	$1,429,804	2.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$200,447	0.3%
Net Fundraising	$0
Sales of Assets	-$1,037,264
Net Inventory Sales	$0
Other Revenue	$167,829	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,790,185	8.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,196,923	21.0%

Assets/Debt
Total Assets	$151,502,169
Total Liabilities	$41,034,663
Net Assets	$110,467,506

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$492,794	$0	$22,828
Richard Ditizio (Executive Vp & Coo)	$421,070	$0	$18,688
Paul H Irving (President)	$393,464	$0	$22,828
Ross Devol (Chief Research Officer)	$341,468	$0	$23,449
Margaret Anderson (Executive Director Fastercures)	$338,360	$0	$20,562
Staci Warden (Exec Dir Center For Fin Markets)	$306,475	$0	$14,798
Mindy Silverstein (Managing Dir Business & Development)	$293,815	$0	$20,161
Keith Savard (Senior Managing Economist)	$229,700	$0	$15,317
Kathryn O'reilly (Exec Dir Business & Development)	$227,011	$0	$14,334
Melissa Stevens (Deputy Exec Dir Fastercures)	$213,930	$0	$13,059
Lewis Skip Rimer (Exec Dir Communications)	$213,078	$0	$20,396
Wah Perry Wong (Managing Director Research)	$205,070	$0	$17,962
John Hunter (Cfo (Started June 2014))	$127,952	$0	$11,976
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0

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990

Filed on Nov. 16, 2015

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990-T

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

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Fiscal Year Ending Dec.
2013

Revenue

$81,502,191

Expenses

$64,251,632

Net Income

$17,250,559

Net Assets

$85,218,616

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$76,966,512	94.4%
Program Services	$1,100,623	1.4%
Investment Income	$1,436,706	1.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$299,738	0.4%
Net Fundraising	$0
Sales of Assets	$1,694,408	2.1%
Net Inventory Sales	$0
Other Revenue	$4,204	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,590,400	4.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,545,953	10.2%

Assets/Debt
Total Assets	$124,163,183
Total Liabilities	$38,944,567
Net Assets	$85,218,616

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Klowden (Ceo)	$490,771	$0	$20,278
Paul H Irving (President)	$391,441	$0	$20,278
Richard Ditizio (Exe Dir Business & Program Develop.)	$360,841	$0	$5,799
Margaret Anderson (Executive Director Fastercures)	$340,583	$0	$18,623
Ross Devol (Chief Research Officer)	$323,011	$0	$19,874
Mindy Silverstein (Managing Dir Business & Program Develop.)	$243,207	$0	$17,032
Joel Kurtzman (Exe Dir Senior Fellows Program)	$233,758	$0	$2,694
Keith Savard (Senior Managing Economist)	$229,480	$0	$13,122
Melissa Stevens (Deputy Exe Dir Fastercures)	$208,509	$0	$13,692
Wah Perry Wong (Director Of Research)	$196,634	$0	$15,287
Staci Warden (Exe Dir Center For Fin Markets)	$196,359	$0	$10,285
Lewis Skip Rimer (Exe Dir Communications)	$192,070	$0	$15,621
Kamyab Hashemi Nejad (Director Of Finance)	$166,524	$0	$18,041
Michael Milken (Chairman)	$0	$0	$0
Ralph Finerman (Cfo/Treasurer)	$0	$0	$0
Richard Sandler (Secretary)	$0	$0	$0
Lori Milken (Director)	$0	$0	$0
Gregory Milken (Director)	$0	$0	$0
Lance Milken (Director)	$0	$0	$0

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990

Filed on Nov. 14, 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 Dec.
2012

Revenue

$44,208,329

Expenses

$30,564,699

Net Income

$13,643,630

Net Assets

$67,684,520

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$39,606,708	89.6%
Program Services	$1,781,950	4.0%
Investment Income	$2,144,559	4.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$357,279	0.8%
Net Fundraising	$0
Sales of Assets	$276,121	0.6%
Net Inventory Sales	$0
Other Revenue	$1,073	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,526,677	8.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,158,013	20.1%

Assets/Debt
Total Assets	$72,340,811
Total Liabilities	$4,656,291
Net Assets	$67,684,520

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 Dec.
2011

Revenue

$30,202,764

Expenses

$21,090,462

Net Income

$9,112,302

Net Assets

$53,585,390

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$24,932,551	82.6%
Program Services	$1,956,699	6.5%
Investment Income	$3,581,245	11.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$351,795	1.2%
Net Fundraising	$0
Sales of Assets	-$619,526
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,269,881	10.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,654,103	22.1%

Assets/Debt
Total Assets	$55,809,593
Total Liabilities	$2,224,203
Net Assets	$53,585,390

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

The Milken Institute

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $274M (2022)

Expenses $93.1M (2022)

Total Assets $1.09B (2022)

Total Liabilities $77.1M (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Revenue

$274M (2022)

Expenses

$93.1M (2022)

Total Assets

$1.09B (2022)

Total Liabilities

$77.1M (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending March
2009

Fiscal Year Ending March
2008

Fiscal Year Ending March
2007

Fiscal Year Ending March
2006

Fiscal Year Ending March
2005

Fiscal Year Ending March
2004

Fiscal Year Ending March
2003

Fiscal Year Ending March
2002

Fiscal Year Ending Nov.
2001