CARNEGIE INSTITUTION OF WASHINGTON Charity Report

Public IRS 990 nonprofit record

CARNEGIE INSTITUTION OF WASHINGTON

EIN 53-0196523 · Science & Technology (U310)

What they do

SEE SCHEDULE O.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.00 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 explanation is very short. Ask what work they really do.

They name their leaders36 people are listed in the latest report.

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

Money made simple

80.11%of revenue went to mission work76.0% of expenses · Program services

2.61%of revenue went to fundraising2.5% of expenses

$105.39spent for every $100 of revenueSpending was higher than revenue this year.

22.66%of revenue went to management and office costs21.5% of expenses

$11.94in assets for every $1 spent this yearSome assets cannot be spent right away.

14.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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.

Worth asking: Expenses exceeded revenue by $5,741,557 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,017,256 for MICHAEL STAMBAUGH (CHIEF INVESTMENT OFFICER). 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$106,544,070

Mission workProgram services$85,354,98580.11% of revenue76.0% of expenses

ManagementOffice and general costs$24,144,74622.66% of revenue21.5% of expenses

FundraisingAsking for donations$2,785,8962.61% of revenue2.5% of expenses

Total expenses$112,285,627105.39% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 76.0% mission · 21.5% management · 2.5% fundraisingTotal expenses: 105.39% of revenue

2023Expense mix: 71.5% mission · 25.9% management · 2.6% fundraisingTotal expenses: 133.22% of revenue

2022Expense mix: 75.8% mission · 21.0% management · 3.2% fundraisingTotal expenses: 85.71% of revenue

2021Expense mix: 77.3% mission · 19.3% management · 3.4% fundraisingTotal expenses: 59.74% of revenue

2020Expense mix: 72.5% mission · 24.2% management · 3.3% fundraisingTotal expenses: 72.62% of revenue

2019Expense mix: 73.9% mission · 23.0% management · 3.1% fundraisingTotal expenses: 127.09% of revenue

2018Expense mix: 77.9% mission · 18.9% management · 3.2% fundraisingTotal expenses: 69.73% of revenue

2017Expense mix: 80.7% mission · 16.5% management · 2.8% fundraisingTotal expenses: 108.57% of revenue

Money in and money out

Revenue$106,544,070

Expenses$112,285,627

Annual shortfall $5,741,557 Expenses were higher than revenue 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)$85,354,985 · 76.0% of expenses

Management and office costs$24,144,746 · 21.5% of expenses

Fundraising$2,785,896 · 2.5% of expenses

See all reported dollar amounts

Revenue$106,544,070

Expenses$112,285,627

Assets$1,340,795,229

Income$439,184,960

Contributions$15,855,216

Mission work (program services)$85,354,985

Fundraising$2,785,896

Grants given$30,929

Average grant$7,732

Management and general$24,144,746

Stocks and bonds$679,103,790

Accounting fees$264,100

Investing fees$3,990,276

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

MICHAEL STAMBAUGHCHIEF INVESTMENT OFFICER · 40 hrs/week $1,017,256Base $953,591 · Other $63,665

DR ERIC D ISAACSPRESIDENT (THRU 12/24) · 40 hrs/week $978,001Base $879,169 · Other $98,832

EDWARD LAMADEINVESTMENT DIRECTOR · 40 hrs/week $625,667Base $536,812 · Other $88,855

JOHN S MULCHAEY - PRESIDENT(BEG 10/24); DIV DIR (THRU 10/24) · 41 hrs/week $536,778Base $461,399 · Other $75,379

MAISHA WILLIAMSCHIEF FINANCIAL OFFICER (THRU 4/25) · 40 hrs/week $527,017Base $462,441 · Other $64,576

MICHAEL WALTERDIVISION DIRECTOR · 40 hrs/week $440,672Base $341,872 · Other $98,800

BENJAMIN J ADERSONGENERAL COUNSEL & SECRETARY · 40 hrs/week $436,323Base $369,357 · Other $66,966

ANNA M MICHALAKDEPARTMENT DIRECTOR · 40 hrs/week $416,618Base $326,209 · Other $90,409

WILLIAM FAHEYSCIENTIFIC STAFF MEMBER · 40 hrs/week $397,579Base $313,838 · Other $83,741

MARGARET MCFALL-NGAIDIVISION DIRECTOR · 40 hrs/week $395,791Base $320,243 · Other $75,548

YIXIAN ZHENGDIVISION DIRECTOR · 40 hrs/week $388,049Base $322,988 · Other $65,061

REBECCA BERNSTEINSCIENTIFIC STAFF MEMBER · 40 hrs/week $378,165Base $311,880 · Other $66,285

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 (36)

MICHAEL STAMBAUGHCHIEF INVESTMENT OFFICER

DR ERIC D ISAACSPRESIDENT (THRU 12/24)

EDWARD LAMADEINVESTMENT DIRECTOR

JOHN S MULCHAEY - PRESIDENT(BEG 10/24); DIV DIR (THRU 10/24)

MAISHA WILLIAMSCHIEF FINANCIAL OFFICER (THRU 4/25)

MICHAEL WALTERDIVISION DIRECTOR

BENJAMIN J ADERSONGENERAL COUNSEL & SECRETARY

ANNA M MICHALAKDEPARTMENT DIRECTOR

WILLIAM FAHEYSCIENTIFIC STAFF MEMBER

MARGARET MCFALL-NGAIDIVISION DIRECTOR

YIXIAN ZHENGDIVISION DIRECTOR

REBECCA BERNSTEINSCIENTIFIC STAFF MEMBER

JEFFREY DUKESSCIENTIFIC STAFF MEMBER

ZHIYONG WANGACTING DIRECTOR & SNR STF SCI

MARY E MAXONTRUSTEE & SENIOR VICE PRESIDENT

RAY ROTHROCKTRUSTEE

ANNE BONAPARTETRUSTEE

CHRISTINE M MCCARTHYTRUSTEE

CHRISTOPHER TS STONETRUSTEE

TOM KORZENECKITRUSTEE

SUZANNE BRENNERTRUSTEE (BEG (4/25)

STEPHEN PA FODORTRUSTEE (THRU 5/25)

STEPHEN QUAKETRUSTEE

SANDRA M FABERTRUSTEE

RUSH D HOLT JRTRUSTEE (THRU 5/25)

CRAIG R BARRETTCHAIRMAN

KATHERINE LAPPTRUSTEE (THRU 5/25)

RANDY STRINGERINTERIM CFO & TREASURER (BEG 4/25)

MICHAEL A DUFFYTRUSTEE

MICHAEL WILSONTRUSTEE

CRISTIAN SAMPERTRUSTEE

DAVID SPERGELTRUSTEE

MICHAEL LONGTRUSTEE

DAVID THOMPSONVICE CHAIRMAN

MARSHALL WAISTRUSTEE

JOHN F CRAWFORDTRUSTEE

About this charity

Recognized since: January 1914
Location: 5241 BROAD BRANCH RD NW, WASHINGTON, DC 20015-1305
County: District of Columbia
In care of: % TIMOTHY DOYLE
Primary officer: RANDY STRINGER, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(202) 387-6400 Officer phone(202) 939-1122

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Science & Technology (U310)
Grant-giving organization: Yes