NonprofitsMit International Inc

Education

Mit International Inc

CAMBRIDGE, MA

Total revenue

$12.8M

Total expenses

$8.7M

Net assets

$20.5M

Grants received

$4.6M

9 grants

EIN

812731492

Tax year

2023

Mission

The corporation is organized and shall be operated exclusively for charitable, educational, and scientific purposes.

Financials

FY 2023

Revenue

Contributions & grants$11.9M
Program service revenue$898K
Investment income$11K
Other revenue$86K
Total revenue$12.8M

Expenses

Grants paid$7.4M
Salaries & benefits$1.0M
Fundraising
Other expenses$355K
Total expenses$8.7M
Total assets$20.6M
Net assets$20.5M

People

12 listed

NameRoleCompensation

Mark DiVincenzo

Director

Board

1 hrs/wk

Katherine Hammer

Treasurer

Board

1 hrs/wk

Richard Lester

President

Board

2 hrs/wk

Matthew Fucci

Clerk

Board

1 hrs/wk

Magdalene Lee

Vice President

Board

1 hrs/wk

Cynthia Barnhart

Director

Board

1 hrs/wk

Glen Shor

Director

Board

1 hrs/wk

Maria Zuber

Director

Board

1 hrs/wk

Nina VanWormer

Associate Director, Global Investment Legal Services

Staff

$264K

29 hrs/wk

Charleston Sin

Executive Director, MIT Hong Kong Innovation Node

Staff

$208K

40 hrs/wk

Marina Chan

Senior Director - MIT Hong Kong Innovation Node, Head of Education

Staff

$166K

40 hrs/wk

Sunnie Lau

Director of Smart City Research and Industry Collaboration - MIT Hong Kong Innovation Node

Staff

$134K

40 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$1.2M
General Support
2024
$1M
General Support
2023
$5K
GENERAL SUPPORT
2022
$1K
MIT Solve project
2020
$200
PROGRAM/OPERATING SUPPORT
2018

Funded by

$4.6M from 5 funders · 9 grants · 2018–2024

Massachusetts Institute of Technology

$2.5M · 4 grants · 2019–2022

Follow Your Dream Foundation Inc

$2.2M · 2 grants · 2023–2024

Carmen-Lederer Family Foundation

$5K · 1 grant · 2022

HAND Foundation

$1K · 1 grant · 2020

Details

EIN812731492
NTEE codeB11
Subsection03
Ruling date2017-02
Formed2016
Employees0
Volunteers0
MIT INTERNATIONAL INC — Mission, Financials & Grants Received | Grantivo