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Nonprofiteer
← THE MILKEN INSTITUTE

Form 990 for tax year 2022

Filed by THE MILKEN INSTITUTE.

Totals

Total revenue
$273,734,030
Total expenses
$93,099,476
Contributions and grants received
$252,970,179
Grants paid
$1,207,928
Program services expenses (Part IX)
$72,315,405
Management and general expenses
$12,145,565
Fundraising expenses
$8,638,506
Program service expenses (Part III)
$72,315,405

Program services were 77.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KERRY HEALEY

    PRESIDENT - MCAAD

    Total calculated
    $840,959
    From this org
    $826,347
    From related orgs
    $0
    Other
    $14,612
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $604,367
    Bonus
    $220,000
    Other
    $1,980
    Deferred
    $0
    Nontaxable benefits
    $14,612
    Filer's total
    $840,959

  • MICHAEL L KLOWDEN

    EXECUTIVE VICE CHAIRMAN

    Total calculated
    $844,229
    From this org
    $796,662
    From related orgs
    $0
    Other
    $47,567
    Hours/week
    40 + 5.6 related

    Schedule J breakdown matched by us

    Base
    $565,482
    Bonus
    $225,000
    Other
    $6,180
    Deferred
    $11,600
    Nontaxable benefits
    $35,967
    Filer's total
    $844,229

  • RICHARD DITIZIO

    CHIEF EXECUTIVE OFFICER & PRESIDENT

    Total calculated
    $816,832
    From this org
    $769,249
    From related orgs
    $0
    Other
    $47,583
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $542,959
    Bonus
    $225,000
    Other
    $1,290
    Deferred
    $11,600
    Nontaxable benefits
    $35,983
    Filer's total
    $816,832

  • MARTHA MAZZONE

    GENERAL COUNSEL

    Total calculated
    $488,810
    From this org
    $462,598
    From related orgs
    $0
    Other
    $26,212
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $420,618
    Bonus
    $40,000
    Other
    $1,980
    Deferred
    $11,600
    Nontaxable benefits
    $14,612
    Filer's total
    $488,810

  • ESTHER KROFAH

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $446,812
    From this org
    $418,503
    From related orgs
    $0
    Other
    $28,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $343,203
    Bonus
    $75,000
    Other
    $300
    Deferred
    $11,600
    Nontaxable benefits
    $16,709
    Filer's total
    $446,812

  • JOHN HUNTER

    EXEC. VP & CFO

    Total calculated
    $464,814
    From this org
    $403,677
    From related orgs
    $0
    Other
    $61,137
    Hours/week
    40 + 6 related

    Schedule J breakdown matched by us

    Base
    $346,697
    Bonus
    $55,000
    Other
    $1,980
    Deferred
    $11,600
    Nontaxable benefits
    $49,537
    Filer's total
    $464,814

  • MELISSA STEVENS

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $425,282
    From this org
    $402,193
    From related orgs
    $0
    Other
    $23,089
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,743
    Bonus
    $65,000
    Other
    $450
    Deferred
    $11,600
    Nontaxable benefits
    $11,489
    Filer's total
    $425,282

  • SARAH SANDLER

    EXEC DIR-BUSINESS & PROG DEVELOPMENT

    Total calculated
    $412,135
    From this org
    $393,947
    From related orgs
    $0
    Other
    $18,188
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,697
    Bonus
    $140,000
    Other
    $250
    Deferred
    $0
    Nontaxable benefits
    $18,188
    Filer's total
    $412,135

  • MICHAEL PIWOWAR

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $453,628
    From this org
    $392,491
    From related orgs
    $0
    Other
    $61,137
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,801
    Bonus
    $55,000
    Other
    $690
    Deferred
    $11,600
    Nontaxable benefits
    $49,537
    Filer's total
    $453,628

  • KATHRYN O'REILLY

    EXEC DIR-BUSINESS & PROG DEVELOPMENT

    Total calculated
    $283,147
    From this org
    $267,422
    From related orgs
    $0
    Other
    $15,725
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $45,511
    Bonus
    $150,000
    Other
    $71,911
    Deferred
    $11,600
    Nontaxable benefits
    $4,125
    Filer's total
    $283,147

  • MICHAEL MILKEN

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    15 + 0.6 related

  • RALPH FINERMAN

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 5 related

  • RICHARD SANDLER

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 5 related

  • DR YVONNE CHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • MARIANO GUZMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR FREDA LEWIS-HALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • GREGORY MILKEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • LANCE MILKEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • LORI MILKEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • KNEELAND YOUNGBLOOD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
EMPLOYEES WERE ELIGIBLE TO RECEIVE PERFORMANCE-BASED BONUSES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349327078

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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