NonprofitsMassrobotics Inc

Education

Massrobotics Inc

BOSTON, MA

Total revenue

$4.0M

Total expenses

$4.2M

Net assets

$3.9M

Grants received

$251K

9 grants

EIN

471919574

Tax year

2024

Mission

The mission of the organization is to help create and scale the next generation of successful robotics and connected device companies by providing entrepreneurs and innovative robotics/automation startups with the workspace and resources they need to develop, prototype, test and commercialize their products and solutions.

Financials

FY 2024

Revenue

Contributions & grants$2.7M
Program service revenue$1.3M
Investment income$8K
Other revenue
Total revenue$4.0M

Expenses

Grants paid
Salaries & benefits$1.4M
Fundraising$267K
Other expenses$2.8M
Total expenses$4.2M
Total assets$15.5M
Net assets$3.9M

People

12 listed

NameRoleCompensation

THOMAS RYDEN

EXECUTIVE DI

Board

$250K

40 hrs/wk

COLIN ANGLE

DIRECTOR

Board

1 hrs/wk

TYE BRADY

DIRECTOR

Board

1 hrs/wk

THOMAS HOPCROFT

DIRECTOR

Board

1 hrs/wk

TIMOTHY ROWE

TREASURER

Board

1 hrs/wk

DANIELA RUS

DIRECTOR

Board

1 hrs/wk

DANIEL THEOBALD

PRESIDENT

Board

1 hrs/wk

CYNTHIA ANN WEBB

DIRECTOR

Board

1 hrs/wk

JOYCE SIDOPOULOS

CHIEF OF OPE

Staff

$214K

40 hrs/wk

COLLEEN ANDERSON

DIRECTOR, RO

Staff

$161K

40 hrs/wk

MARITA MCGINN

DIRECTOR, MR

Staff

$156K

40 hrs/wk

KEVIN SMITH

STEM PRGM MG

Staff

$107K

40 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$10K
Education
2024
$100K
JUMPSTART FELLOWSHIP PROGRAM
2023
$10K
GENERAL SUPPORT
2023
$10K
CHARITABLE DONATION
2023
$10K
Education
2020
$11K
STUDENT ROBOTICS PROGRAM EQUIPMENT AND SUPPLIES PURCHASE
2019

Funded by

$251K from 7 funders · 9 grants · 2019–2024

The Dassault Systemes Us Foundation

$100K · 1 grant · 2023

Timothy Smith Network Inc

$11K · 1 grant · 2019

Analog Devices Foundation

$10K · 1 grant · 2023

Boston Foundation Inc

$10K · 1 grant · 2020

Charities Aid Foundation America

$10K · 1 grant · 2023

Greater Horizons

$10K · 1 grant · 2024

Details

EIN471919574
NTEE codeB80
Subsection03
Ruling date2016-03
Formed2015
Employees15
Volunteers62
MASSROBOTICS INC — Mission, Financials & Grants Received | Grantivo