THE MILKEN INSTITUTE

SANTA MONICA, CA, 90401-1418 (310) 570-4600 Est. 1989 EIN 95-4240775
990 - Public charity return 501(c)(3)
www.milkeninstitute.org

Mission

THE MILKEN INSTITUTE IS A NON-PROFIT, NONPARTISAN THINK TANK DETERMINED TO INCREASE GLOBAL PROSPERITY BY ADVANCING COLLABORATIVE SOLUTIONS THAT WIDEN ACCESS TO CAPITAL, CREATE JOBS, AND IMPROVE HEALTH. WE DO THIS THROUGH INDEPENDENT, DATA-DRIVE RESEARCH, ACTION-ORIENTED MEETINGS AND MEANINGFUL POLICY INITIATIVES.

Giving Portfolio

Total Grants
68
Total Giving
$93.6M
Recipients
64
Years Active
2018 - 2024
Avg grant: $740,724 Median: $311,210

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202431$42.9M $1.4M207
202323$47.1M $2.0M212
20222$325K $163K11
20205$630K $126K23
20193$622K $207K03
20184$2.1M $517K40

Sectors Funded

Education
25
Health Care
9
Philanthropy & Grantmaking
5
International & Foreign Affairs
4
Medical Research
4
Mental Health & Crisis Intervention
2
Social Science
2
Recreation & Sports
1

Top States

New York
14
California
12
Massachusetts
10
Illinois
7
District of Columbia
6
Maryland
3
Connecticut
3
North Carolina
2
and 9 more states

Grantee Size Profile

Over $50M
41
$10M - $50M
4
$1M - $5M
2
$5M - $10M
1

Top Grantees

Page 1 of 3

Grants Awarded · 55 grants

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Financials

Total Revenue
$388,976,676
Total Expenses
$151,365,680
Net Assets
$1,348,596,030
357 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
8.9 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 47.0%
Expenses ↑ 0.3%
Revenue Sources
Contributions 91.6% Earned revenue 0.8% Investment 7.3%
Expense Breakdown
Program 90.8% Management 5.6% Fundraising 3.5%

Officers & Trustees (18)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$388,976,676 ↑$151,365,680$1,348,596,030
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$264,659,454 ↓$150,849,724$1,120,285,173
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$273,734,030 ↑$93,099,476$1,016,351,259
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$137,924,964 ↑$54,155,182$577,478,353
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$133,637,630 ↑$59,116,470$470,799,309
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$59,958,585 $54,836,160$380,013,900

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EIN: 95-4240775 · Source: IRS Form 990 e-file data