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Nonprofiteer
← FRANKLIN INSTITUTE

Form 990 for tax year 2023

Filed by FRANKLIN INSTITUTE.

Totals

Total revenue
$39,597,836
Total expenses
$31,213,719
Contributions and grants received
$19,920,726
Grants paid
$367,693
Program services expenses (Part IX)
$26,266,172
Management and general expenses
$3,215,953
Fundraising expenses
$1,731,594
Program service expenses (Part III)
$26,266,172

Program services were 84.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • LARRY DUBINSKI

    PRESIDENT & CEO

    Total calculated
    $897,358
    From this org
    $829,793
    From related orgs
    $0
    Other
    $67,565
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $517,063
    Bonus
    $300,122
    Other
    $12,608
    Deferred
    $33,236
    Nontaxable benefits
    $34,329
    Filer's total
    $897,358

  • DONALD E MOREL JR PHD

    TRUSTEE EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • THOMAS LYNCH

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • WADE H BERRETTINI MD PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SUZANNE BODA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RENEE B BOOTH PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HALLEE ADELMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PETER K CLASSEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRIS FRANKLIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRIS FRALIC

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH H GEMMILL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • GRETE GREENACRE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RICHARD HENRIQUES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • FRANCES E JENSEN MD FACP

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN E KELLY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHARISSE R LILLIE ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • IRA M LUBERT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SANDRA K BALDINO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MIRIAM G MANDELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SANDRA G MARSHALL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER MCISAAC

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT S MCMENAMIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PAUL OFFIT MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • QUENTIN ROACH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL A INNOCENZO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOAN N STERN ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ANDREA ANANIA STEWART

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HAROLD L YOH III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KAREN ZIMMER MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • THE HONORABLE DARRELL L CLARKE

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM R HITE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • THE HONORABLE JAMES F KENNEY

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • THE HONORABLE JOSH SHAPIRO

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • VINCENT AMATULLI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MAUREEN BRENNAN-MILLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SAMUEL HAMILTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ANTHONY BUCCI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TOM CARMANICO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MATTHEW ZELESKO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SUCHIT BACHALLI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK DICHTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JULIA DRANOFF

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT J MOORE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL CORRIGAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KAREN FLYNN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BARBARA KLOCK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • NYLA KONCURAT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL J NEMEROFF

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • IAN WRIGHT

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • ALLEN W NICHOLSON PHD

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • TONY B WATLINGTON SR EDD

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • ERIN ARMSTRONG

    VP MKT COMM. & DIGITAL MED

    Total calculated
    $255,167
    From this org
    $229,510
    From related orgs
    $0
    Other
    $25,657
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $197,955
    Bonus
    $30,420
    Other
    $1,135
    Deferred
    $14,042
    Nontaxable benefits
    $11,615
    Filer's total
    $255,167

  • REBEKAH SASSI

    VP EXTERNAL AFFAIRS

    Total calculated
    $306,224
    From this org
    $259,391
    From related orgs
    $0
    Other
    $46,833
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $218,497
    Bonus
    $40,106
    Other
    $788
    Deferred
    $15,481
    Nontaxable benefits
    $31,352
    Filer's total
    $306,224

  • ELBERT BLACK

    DIRECTOR OF FINANCE

    Total calculated
    $185,952
    From this org
    $156,769
    From related orgs
    $0
    Other
    $29,183
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $134,808
    Bonus
    $21,547
    Other
    $414
    Deferred
    $9,981
    Nontaxable benefits
    $19,202
    Filer's total
    $185,952

  • KEITH DOUGHTY

    VP OF FINANCE

    Total calculated
    $165,483
    From this org
    $153,996
    From related orgs
    $0
    Other
    $11,487
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $133,406
    Bonus
    $20,411
    Other
    $179
    Deferred
    $9,601
    Nontaxable benefits
    $1,886
    Filer's total
    $165,483

  • DARRYL WILLIAMS

    SVP OF SCIENCE & EDUCATION & HR

    Total calculated
    $320,390
    From this org
    $292,637
    From related orgs
    $0
    Other
    $27,753
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $247,757
    Bonus
    $44,243
    Other
    $637
    Deferred
    $14,790
    Nontaxable benefits
    $12,963
    Filer's total
    $320,390

  • CHRIS RIZZO

    VP OF BUSINESS OPERATIONS

    Total calculated
    $249,511
    From this org
    $206,828
    From related orgs
    $0
    Other
    $42,683
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $178,836
    Bonus
    $27,284
    Other
    $708
    Deferred
    $12,594
    Nontaxable benefits
    $30,089
    Filer's total
    $249,511

  • ABIGAIL BYSSHE

    CHIEF EXPERIENCE & STRATEGY OFFICER

    Total calculated
    $309,061
    From this org
    $281,004
    From related orgs
    $0
    Other
    $28,057
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $237,431
    Bonus
    $43,056
    Other
    $517
    Deferred
    $16,620
    Nontaxable benefits
    $11,437
    Filer's total
    $309,061

  • MARK HARMON

    VP OF OPERATIONS

    Total calculated
    $227,275
    From this org
    $185,789
    From related orgs
    $0
    Other
    $41,486
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $160,124
    Bonus
    $24,960
    Other
    $705
    Deferred
    $10,719
    Nontaxable benefits
    $30,767
    Filer's total
    $227,275

  • JOY MONTEFUSCO

    DIRECTOR OF DIGITAL EDITOR TERM 12/1/23

    Total calculated
    $170,405
    From this org
    $137,119
    From related orgs
    $0
    Other
    $33,286
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $131,716
    Bonus
    $0
    Other
    $5,403
    Deferred
    $9,817
    Nontaxable benefits
    $23,469
    Filer's total
    $170,405

  • JOSEPH TORRIERI

    DIRECTOR OF IT

    Total calculated
    $196,054
    From this org
    $160,558
    From related orgs
    $0
    Other
    $35,496
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $154,964
    Bonus
    $4,820
    Other
    $774
    Deferred
    $11,164
    Nontaxable benefits
    $24,332
    Filer's total
    $196,054

  • CASEY SATELL

    DIRECTOR OF INSTITUTIONAL GIVING

    Total calculated
    $165,151
    From this org
    $136,605
    From related orgs
    $0
    Other
    $28,546
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $129,325
    Bonus
    $7,118
    Other
    $162
    Deferred
    $9,892
    Nontaxable benefits
    $18,654
    Filer's total
    $165,151

  • DERRICK PITTS

    CHIEF ASTRONOMER

    Total calculated
    $170,800
    From this org
    $138,036
    From related orgs
    $0
    Other
    $32,764
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $128,730
    Bonus
    $7,020
    Other
    $2,286
    Deferred
    $8,362
    Nontaxable benefits
    $24,402
    Filer's total
    $170,800

  • STEFANIE SANTO

    DIRECTOR OF MEDIA RELATIONS & COMMUNICATIONS

    Total calculated
    $138,319
    From this org
    $128,969
    From related orgs
    $0
    Other
    $9,350
    Hours/week
    37.5

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 · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 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 1A
DURING 2022, THE FRANKLIN INSTITUTE PROVIDED MEMBERSHIP IN THE UNION LEAGUE OF PHILADELPHIA FOR THE PRESIDENT AND CEO.
PART I, LINE 7
REFER TO SCHEDULE O, DISCLOSURE FOR FORM 990, PART VI, SECTION B, LINE 15A AND 15B, PROCESS USED TO DETERMINE EXECUTIVE COMPENSATION.

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202423139349303407

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

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