United States ยท 501(c)(3) tax-exempt organisation
Howard Hughes Medical Institute: financial filings
Howard Hughes Medical Institute is a US tax-exempt organisation (files Form 990) based in Chevy Chase, MD. The figures below are taken from its annual filings to the Internal Revenue Service as published by ProPublica Nonprofit Explorer, for the 5 most recent tax periods available.1
IdentifierEIN 59-0735717
RegulatorInternal Revenue Service
Income, year to 31 August 2023USD 749.0 million
ExpenditureUSD 1.15 billion
Total assetsUSD 25.89 billion
Filings by year
Total incomeTotal expenditure
| Year ending | Form | Income | Expenditure | Assets | Grants paid (990-PF) |
|---|---|---|---|---|---|
| 31 August 20232 | Form 990 | USD 749.0 million | USD 1.15 billion | USD 25.89 billion | |
| 31 August 20223 | Form 990 | USD 2.12 billion | USD 986.3 million | USD 25.88 billion | |
| 31 August 20214 | Form 990 | USD 2.10 billion | USD 954.8 million | USD 29.34 billion | |
| 31 August 20205 | Form 990 | USD 1.47 billion | USD 947.4 million | USD 23.84 billion | |
| 31 August 20196 | Form 990 | USD 1.41 billion | USD 1.08 billion | USD 22.54 billion |
Officer and director compensation
- 31 August 2019: Compensation of current officers, directors and key employees (total, as reported): USD 10,783,6116
- 31 August 2020: Compensation of current officers, directors and key employees (total, as reported): USD 13,962,8725
- 31 August 2021: Compensation of current officers, directors and key employees (total, as reported): USD 14,715,6814
- 31 August 2022: Compensation of current officers, directors and key employees (total, as reported): USD 11,626,1663
- 31 August 2023: Compensation of current officers, directors and key employees (total, as reported): USD 15,089,1422
Figures are as reported in the filing for each year, in the currency of the filing. Totals are not adjusted for inflation.
Sources
- ProPublica Nonprofit Explorer, Howard Hughes Medical Institute, Nonprofit Explorer organisation page (IRS data) (21 October 2026)
- Internal Revenue Service filing via ProPublica Nonprofit Explorer, Form 990 for the tax period ending 2023-08-31
- Internal Revenue Service filing via ProPublica Nonprofit Explorer, Form 990 for the tax period ending 2022-08-31
- Internal Revenue Service filing via ProPublica Nonprofit Explorer, Form 990 for the tax period ending 2021-08-31
- Internal Revenue Service filing via ProPublica Nonprofit Explorer, Form 990 for the tax period ending 2020-08-31
- Internal Revenue Service filing via ProPublica Nonprofit Explorer, Form 990 for the tax period ending 2019-08-31