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Nonprofiteer
← FRANKLIN INSTITUTE

Form 990 for tax year 2024

Filed by FRANKLIN INSTITUTE.

Totals

Total revenue
$51,159,403
Total expenses
$34,570,608
Contributions and grants received
$25,287,814
Grants paid
$370,683
Program services expenses (Part IX)
$29,261,528
Management and general expenses
$3,474,467
Fundraising expenses
$1,834,613
Program service expenses (Part III)
$29,261,528

Program services were 84.6% 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
    $1,063,589
    From this org
    $997,884
    From related orgs
    $0
    Other
    $65,705
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $693,885
    Bonus
    $288,526
    Other
    $15,473
    Deferred
    $28,694
    Nontaxable benefits
    $37,011
    Filer's total
    $1,063,589

  • 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

  • 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

  • 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 PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM R HITE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • THE HONORABLE CHERELLE PARKER

    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

  • TONY B WATLINGTON SR EDD

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • LYNN BREEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOSH GROSS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ALEXANDRA HAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • OBRA KERNODLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MIKE MIDDLEMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DOUG RAYMOND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • THE HONORABLE KENYATTA JOHNSON

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • MARIA IAVARONE PH D

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • NINA AHMAD

    TRUSTEE, EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • GEOFFREY COOK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ERIN ARMSTRONG

    VP MKT COMM. & DIGITAL MED

    Total calculated
    $254,327
    From this org
    $227,153
    From related orgs
    $0
    Other
    $27,174
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $203,907
    Bonus
    $20,889
    Other
    $2,357
    Deferred
    $14,540
    Nontaxable benefits
    $12,634
    Filer's total
    $254,327

  • REBEKAH SASSI

    VP EXTERNAL AFFAIRS

    Total calculated
    $323,461
    From this org
    $273,445
    From related orgs
    $0
    Other
    $50,016
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $225,129
    Bonus
    $45,899
    Other
    $2,417
    Deferred
    $15,975
    Nontaxable benefits
    $34,041
    Filer's total
    $323,461

  • ELBERT BLACK

    DIRECTOR OF FINANCE

    Total calculated
    $175,700
    From this org
    $146,329
    From related orgs
    $0
    Other
    $29,371
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $138,517
    Bonus
    $7,398
    Other
    $414
    Deferred
    $8,592
    Nontaxable benefits
    $20,779
    Filer's total
    $175,700

  • KEITH DOUGHTY

    VP OF FINANCE

    Total calculated
    $203,834
    From this org
    $189,871
    From related orgs
    $0
    Other
    $13,963
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $163,167
    Bonus
    $25,228
    Other
    $1,476
    Deferred
    $11,707
    Nontaxable benefits
    $2,256
    Filer's total
    $203,834

  • DARRYL WILLIAMS

    SVP OF SCIENCE & EDUCATION & HR

    Total calculated
    $341,199
    From this org
    $312,906
    From related orgs
    $0
    Other
    $28,293
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $270,373
    Bonus
    $40,556
    Other
    $1,977
    Deferred
    $15,287
    Nontaxable benefits
    $13,006
    Filer's total
    $341,199

  • CHRIS RIZZO

    VP OF BUSINESS OPERATIONS

    Total calculated
    $261,187
    From this org
    $215,034
    From related orgs
    $0
    Other
    $46,153
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $185,224
    Bonus
    $28,103
    Other
    $1,707
    Deferred
    $13,041
    Nontaxable benefits
    $33,112
    Filer's total
    $261,187

  • ABIGAIL BYSSHE

    CHIEF EXPERIENCE & STRATEGY OFFICER

    Total calculated
    $325,692
    From this org
    $295,836
    From related orgs
    $0
    Other
    $29,856
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $244,996
    Bonus
    $49,275
    Other
    $1,565
    Deferred
    $17,150
    Nontaxable benefits
    $12,706
    Filer's total
    $325,692

  • MARK HARMON

    VP OF OPERATIONS

    Total calculated
    $241,847
    From this org
    $196,614
    From related orgs
    $0
    Other
    $45,233
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $165,414
    Bonus
    $29,137
    Other
    $2,063
    Deferred
    $11,930
    Nontaxable benefits
    $33,303
    Filer's total
    $241,847

  • JOSEPH TORRIERI

    DIRECTOR OF IT

    Total calculated
    $207,544
    From this org
    $164,155
    From related orgs
    $0
    Other
    $43,389
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $158,416
    Bonus
    $4,965
    Other
    $774
    Deferred
    $11,520
    Nontaxable benefits
    $31,869
    Filer's total
    $207,544

  • CASEY SATELL

    DIRECTOR OF INSTITUTIONAL GIVING

    Total calculated
    $171,161
    From this org
    $140,924
    From related orgs
    $0
    Other
    $30,237
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $133,430
    Bonus
    $7,332
    Other
    $162
    Deferred
    $10,207
    Nontaxable benefits
    $20,030
    Filer's total
    $171,161

  • DERRICK PITTS

    CHIEF ASTRONOMER

    Total calculated
    $174,089
    From this org
    $139,158
    From related orgs
    $0
    Other
    $34,931
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $132,534
    Bonus
    $4,338
    Other
    $2,286
    Deferred
    $8,628
    Nontaxable benefits
    $26,303
    Filer's total
    $174,089

  • JANIE TSANG

    DIRECTOR OF MARKETING

    Total calculated
    $167,116
    From this org
    $130,309
    From related orgs
    $0
    Other
    $36,807
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $126,016
    Bonus
    $4,131
    Other
    $162
    Deferred
    $9,585
    Nontaxable benefits
    $27,222
    Filer's total
    $167,116

  • STEFANIE SANTO

    DIR OF MEDIA RELATIONS & COMMUNICATIONS

    Total calculated
    $140,210
    From this org
    $130,532
    From related orgs
    $0
    Other
    $9,678
    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
  • 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 1A
DURING 2024, THE FRANKLIN INSTITUTE PROVIDED MEMBERSHIP IN THE UNION LEAGUE OF PHILADELPHIA AND THE MERION CRICKET CLUB 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
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202523109349301972

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

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