The Milken Institute
Santa Monica, CA · EIN 95-4240775 · Rank 1,692 by total revenue
To advance solutions that widen access to capital, create jobs and improve health.
Money, Form 990 for tax year 2024
- Total revenue
- $388,976,676
- Total expenses
- $151,365,680
- Total assets
- $1,525,254,492
- Salary base (all salaries and wages)
- $37,379,584
- Salaries, other pay and benefits
- $47,220,211
- Employees
- 357
- Salary base per employee
- $104,705
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (13)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Richard Ditizio | CHIEF EXECUTIVE OFFICER & PRESIDENT | Board, Officer | 40 | $1,123,036 |
| John Hunter | COO & CFO | Officer | 40 | $626,694 |
| Michael L Klowden | EXECUTIVE VICE CHAIRMAN | Board, Officer | 40 | $117,195 |
| Michael Milken | CHAIRMAN | Board, Officer | 15 | None reported |
| Ralph Finerman | TREASURER | Board, Officer | 2 | None reported |
| Richard Sandler | SECRETARY | Board, Officer | 2 | None reported |
| Dr Yvonne Chan | DIRECTOR | Board | 0.3 | None reported |
| Mariano Guzman | DIRECTOR | Board | 0.3 | None reported |
| Dr Freda Lewis-Hall | DIRECTOR | Board | 0.3 | None reported |
| Gregory Milken | DIRECTOR | Board | 0.3 | None reported |
| Lance Milken | DIRECTOR | Board | 0.3 | None reported |
| Lori Milken | DIRECTOR | Board | 0.3 | None reported |
| Kneeland Youngblood | DIRECTOR | Board | 0.3 | None reported |
Top 10 paid people listed
These 8 people received $4,585,363, which is 12.3% of the $37,379,584 salary base shared by 357 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Richard Ditizio | CHIEF EXECUTIVE OFFICER & PRESIDENT | Board, Officer | 40 | $1,044,552 | $0 | $78,484 | $1,123,036 |
| John Hunter | COO & CFO | Officer | 40 | $528,790 | $0 | $97,904 | $626,694 |
| Esther Krofah | EXECUTIVE VICE PRESIDENT | Highly paid employee | 40 | $514,764 | $0 | $41,931 | $556,695 |
| Melissa Stevens | EXECUTIVE VICE PRESIDENT | Highly paid employee | 40 | $514,889 | $0 | $35,425 | $550,314 |
| Sarah Sandler | EXEC DIR-BUSINESS & PROG DEVELOPMENT | Highly paid employee | 40 | $505,063 | $0 | $45,092 | $550,155 |
| Rachel Goslins | EXEC DIRECTOR - MCAAD | Highly paid employee | 40 | $489,347 | $0 | $52,592 | $541,939 |
| Martha Mazzone | GENERAL COUNSEL | Highly paid employee | 40 | $466,743 | $0 | $52,592 | $519,335 |
| Michael L Klowden | EXECUTIVE VICE CHAIRMAN | Board, Officer | 40 | $39,211 | $0 | $77,984 | $117,195 |
Sources
- IRS e-file return 202533219349311283 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 95-4240775
- Organization website (as filed): www.milkeninstitute.org