THE FRANKLIN INSTITUTE Charity Report

Public IRS 990 nonprofit record

THE FRANKLIN INSTITUTE

EIN 23-1370501 · Arts Education (A25)

What they do

IN THE SPIRIT of INQUIRY and DISCOVERY EMBODIED BY BENJAMIN FRANKLIN, THE MISSION of THE FRANKLIN INSTITUTE is to INSPIRE A PASSION for LEARNING ABOUT SCIENCE and TECHNOLOGY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders70 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

57.20%of revenue went to mission work84.6% of expenses · Program services

3.59%of revenue went to fundraising5.3% of expenses

$67.57spent for every $100 of revenueRevenue covered expenses this year.

6.79%of revenue went to management and office costs10.1% of expenses

$6.55in assets for every $1 spent this yearSome assets cannot be spent right away.

49.4%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,063,589 for LARRY DUBINSKI (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$51,159,403

Mission workProgram services$29,261,52857.20% of revenue84.6% of expenses

ManagementOffice and general costs$3,474,4676.79% of revenue10.1% of expenses

FundraisingAsking for donations$1,834,6133.59% of revenue5.3% of expenses

Revenue left after expensesReported annual surplus$16,588,79532.43% of revenueShown in gray on the chart

Total expenses$34,570,60867.57% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.6% mission · 10.1% management · 5.3% fundraisingTotal expenses: 67.57% of revenue

2023Expense mix: 84.1% mission · 10.3% management · 5.5% fundraisingTotal expenses: 78.83% of revenue

2022Expense mix: 83.8% mission · 10.9% management · 5.3% fundraisingTotal expenses: 77.86% of revenue

2021Expense mix: 82.0% mission · 12.7% management · 5.4% fundraisingTotal expenses: 77.96% of revenue

2020Expense mix: 83.1% mission · 11.8% management · 5.1% fundraisingTotal expenses: 105.40% of revenue

2019Expense mix: 84.3% mission · 10.0% management · 5.7% fundraisingTotal expenses: 87.33% of revenue

2018Expense mix: 85.0% mission · 9.7% management · 5.3% fundraisingTotal expenses: 96.97% of revenue

2017Expense mix: 85.3% mission · 10.2% management · 4.6% fundraisingTotal expenses: 101.90% of revenue

Money in and money out

Revenue$51,159,403

Expenses$34,570,608

Annual surplus $16,588,795 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$29,261,528 · 84.6% of expenses

Management and office costs$3,474,467 · 10.1% of expenses

Fundraising$1,834,613 · 5.3% of expenses

See all reported dollar amounts

Revenue$51,159,403

Expenses$34,570,608

Assets$226,419,270

Income$53,194,360

Contributions$25,287,814

Mission work (program services)$29,261,528

Fundraising$1,834,613

Management and general$3,474,467

Stocks and bonds$66,186,402

Accounting fees$73,150

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LARRY DUBINSKIPRESIDENT & CEO · 38 hrs/week $1,063,589Base $997,884 · Other $65,705

DARRYL WILLIAMSSVP OF SCIENCE & EDUCATION & HR · 38 hrs/week $341,199Base $312,906 · Other $28,293

ABIGAIL BYSSHECHIEF EXPERIENCE & STRATEGY OFFICER · 38 hrs/week $325,692Base $295,836 · Other $29,856

REBEKAH SASSIVP EXTERNAL AFFAIRS · 38 hrs/week $323,461Base $273,445 · Other $50,016

CHRIS RIZZOVP OF BUSINESS OPERATIONS · 38 hrs/week $261,187Base $215,034 · Other $46,153

ERIN ARMSTRONGVP MKT COMM. & DIGITAL MED · 38 hrs/week $254,327Base $227,153 · Other $27,174

MARK HARMONVP OF OPERATIONS · 38 hrs/week $241,847Base $196,614 · Other $45,233

JOSEPH TORRIERIDIRECTOR OF IT · 38 hrs/week $207,544Base $164,155 · Other $43,389

KEITH DOUGHTYVP OF FINANCE · 38 hrs/week $203,834Base $189,871 · Other $13,963

ELBERT BLACKDIRECTOR OF FINANCE · 38 hrs/week $175,700Base $146,329 · Other $29,371

DERRICK PITTSCHIEF ASTRONOMER · 38 hrs/week $174,089Base $139,158 · Other $34,931

CASEY SATELLDIRECTOR OF INSTITUTIONAL GIVING · 38 hrs/week $171,161Base $140,924 · Other $30,237

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (70)

LARRY DUBINSKIPRESIDENT & CEO

DARRYL WILLIAMSSVP OF SCIENCE & EDUCATION & HR

ABIGAIL BYSSHECHIEF EXPERIENCE & STRATEGY OFFICER

REBEKAH SASSIVP EXTERNAL AFFAIRS

CHRIS RIZZOVP OF BUSINESS OPERATIONS

ERIN ARMSTRONGVP MKT COMM. & DIGITAL MED

MARK HARMONVP OF OPERATIONS

JOSEPH TORRIERIDIRECTOR OF IT

KEITH DOUGHTYVP OF FINANCE

ELBERT BLACKDIRECTOR OF FINANCE

DERRICK PITTSCHIEF ASTRONOMER

CASEY SATELLDIRECTOR OF INSTITUTIONAL GIVING

JANIE TSANGDIRECTOR OF MARKETING

STEFANIE SANTODIR OF MEDIA RELATIONS & COMMUNICATIONS

PAUL OFFIT MDTRUSTEE

OBRA KERNODLETRUSTEE

NYLA KONCURATTRUSTEE

PETER K CLASSENTRUSTEE

NINA AHMADTRUSTEE, EX OFFICIO

MIRIAM G MANDELLTRUSTEE

RENEE B BOOTH PHDTRUSTEE

RICHARD HENRIQUESTRUSTEE

MIKE MIDDLEMANTRUSTEE

ROBERT J MOORETRUSTEE

SANDRA K BALDINOTRUSTEE

ROBERT S MCMENAMINTRUSTEE

SAMUEL HAMILTONTRUSTEE

SANDRA G MARSHALLTRUSTEE

MARK DICHTERTRUSTEE

STEPHEN E KELLYTRUSTEE

SUCHIT BACHALLITRUSTEE

SUZANNE BODATRUSTEE

THE HONORABLE CHERELLE PARKERTRUSTEE, EX OFFICIO

THE HONORABLE JOSH SHAPIROTRUSTEE, EX OFFICIO

THE HONORABLE KENYATTA JOHNSONTRUSTEE, EX OFFICIO

THOMAS LYNCHCHAIR

TOM CARMANICOTRUSTEE

TONY B WATLINGTON SR EDDTRUSTEE, EX OFFICIO

VINCENT AMATULLITRUSTEE

WADE H BERRETTINI MD PHDTRUSTEE

WILLIAM R HITETRUSTEE

HALLEE ADELMANTRUSTEE

ALEXANDRA HAYTRUSTEE

ANDREA ANANIA STEWARTTRUSTEE

ANTHONY BUCCITRUSTEE

BARBARA KLOCKTRUSTEE

CHARISSE R LILLIE ESQTRUSTEE

CHRIS FRALICTRUSTEE

CHRIS FRANKLINTRUSTEE

CHRISTOPHER MCISAACTRUSTEE

DONALD E MOREL JR PHDTRUSTEE EMERITUS

DOUG RAYMONDTRUSTEE

ELIZABETH H GEMMILLTRUSTEE

FRANCES E JENSEN MD FACPTRUSTEE

GEOFFREY COOKTRUSTEE

GRETE GREENACRETRUSTEE

MICHAEL J NEMEROFFTRUSTEE

HAROLD L YOH IIITRUSTEE

IAN WRIGHTTRUSTEE, EX OFFICIO

JOAN N STERN ESQTRUSTEE

JOSH GROSSTRUSTEE

JULIA DRANOFFTRUSTEE

KAREN FLYNNTRUSTEE

KAREN ZIMMER MD PHDTRUSTEE

LYNN BREENTRUSTEE

MARIA IAVARONE PH DTRUSTEE, EX OFFICIO

MATTHEW ZELESKOTRUSTEE

MAUREEN BRENNAN-MILLERTRUSTEE

MICHAEL CORRIGANTRUSTEE

MICHAEL A INNOCENZOTRUSTEE

About this charity

Recognized since: January 1928
Location: 222 NORTH 20TH STREET, PHILADELPHIA, PA 19103
County: Philadelphia
In care of: LARRY DUBINSKI
Primary officer: LARRY DUBINSKI, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailguestservices@fi.edu Phone(215) 448-1200

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: TAIT WELLER & BAKER LLP
NTEE classification: Arts Education (A25)
IRS tax category: Arts Education