MIT president salary and executive pay
MIT paid its president, Sally Kornbluth, $2,151,788 for the fiscal year ending June 2025. That is up $347,480 (19.3%) from the fiscal year ending June 2024. Total revenue on that return was $6,737,799,000, up 15.1% from $5,855,286,000 for the fiscal year ending June 2024. MIT ranks 27th of 137 universities on this site by president's pay. MIT has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025. Also known as Massachusetts Institute of Technology.
Last updated from IRS e-file data. EIN 04-2103594, Cambridge, MA.
President, fiscal year ending June 2025
$2,151,788
Also listed with a president, chancellor or chief executive title on this filing: Melissa Nobles (Chancellor), $772,733.
Highest-paid person, fiscal year ending June 2025
$4,462,390Seth AlexanderPresident of MITIMCo
- Total revenue
- $6,737,799,000
- Pay vs. peers
- Higher than 7%
Source: Form 990, fiscal year ending June 2025, IRS object ID 202601359349306115.View the filing
Peers: the 131 other universities on this site. Ranked 122nd of 132 by top pay as a share of revenue. Pay is 0.03% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
The highest-paid "President" on MIT's return is the president of MITIMCo, MIT's investment company ("President of MITIMCo"). The university president is shown as MIT's lead.
Highest-paid people on the latest return
On the latest return, 18 people were paid more than $500,000, 9 of them more than $1 million.
| Name and title | Total |
|---|---|
| Seth AlexanderPresident of MITIMCo | $4,462,390 |
| Thomas WieandGlobal Investment Professional, MITIMCo | $2,973,895 |
| Navneeth HarikumarGlobal Investment Professional, MITIMCo | $2,929,985 |
| Ryan AkkinaGlobal Investment Professional, MITIMCo | $2,919,331 |
| Joel CohenGlobal Investment Professional, MITIMCo | $2,610,835 |
Also paid on the latest return: Sally Kornbluth (President), $2,151,788; L Rafael Reif (Professor (Former President)), $1,849,830; Cynthia Barnhart (Provost), $1,103,532; Glen Shor (Executive VP and Treasurer), $1,027,167; Mark DiVincenzo (VP and General Counsel), $977,844; Eric Evans (Professor (Former Director of Lincoln Laboratory)), $884,699; Melissa Nobles (Chancellor), $772,733; Julie Lucas (VP for Resource Development), $754,021; Ian Waitz (VP for Research), $733,546; Maria Zuber (Presidential Advisor for Science and Technology Policy (Former VP for Research)), $652,313; W Eric Grimson (Chancellor for Academic Advancement (Former Interim VP for Open Learning)), $649,031; Alfred Ironside (VP for Communications), $581,900; Melissa Choi (Director of Lincoln Laboratory), $579,346; Whitney Espich (CEO, MIT Alumni Association), $431,297; Rachel J Donahue (Secretary), $345,359; and 2 more.
Also listed in Part VII of the latest return, with no pay reported: David M Siegel (Executive Committee Member), Fariborz Maseeh (Executive Committee Member), Janet C Wolfenbarger (Executive Committee Member), Leslye Miller Fraser (Executive Committee Member), Noubar B Afeyan (Executive Committee Member), Orit Gadiesh (Executive Committee Member), Patricia R Callahan (Executive Committee Member), Paul R Marcus (Executive Committee Member), Ray A Rothrock (Executive Committee Member), Richard M Locke (Executive Committee Member), Russell Erich Caulfield (Executive Committee Member), Wesley G Bush (Executive Committee Member).
President's pay by year
Each row is the president on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Jun 2025 | Sally Kornbluth President President | $2,151,788 | $6,737,799,000 | Filing |
| Jun 2024 | Sally Kornbluth President President | $1,804,308 | $5,855,286,000 | Filing |
| Jun 2023 | L Rafael Reif President President (Outgoing) | $1,845,810 | $4,954,533,000 | Filing |
| Jun 2022 | L Rafael Reif President President | $1,626,565 | $6,378,650,000 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending June 2025.
Source: Form 990, fiscal year ending June 2025, IRS object ID 202601359349306115.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Seth AlexanderPresident of MITIMCo | $3,845,075 | $617,315 | $994,577 | $2,788,083 | $62,415 | $581,546 | $35,769 | $4,462,390 |
| Thomas WieandGlobal Investment Professional, MITIMCo | $2,411,804 | $562,091 | $537,103 | $1,857,245 | $17,456 | $525,450 | $36,641 | $2,973,895 |
| Navneeth HarikumarGlobal Investment Professional, MITIMCo | $2,406,464 | $523,521 | $546,870 | $1,859,594 | $0 | $511,803 | $11,718 | $2,929,985 |
| Ryan AkkinaGlobal Investment Professional, MITIMCo | $2,372,792 | $546,539 | $534,255 | $1,823,473 | $15,064 | $506,050 | $40,489 | $2,919,331 |
| Joel CohenGlobal Investment Professional, MITIMCo | $2,132,811 | $478,024 | $539,270 | $1,580,662 | $12,879 | $443,550 | $34,474 | $2,610,835 |
| Sally KornbluthPresident | $1,734,292 | $417,496 | $1,571,812 | $0 | $162,480 | $260,820 | $156,676 | $2,151,788 |
These figures come from MIT's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How MIT compares
Ranked 27th of 137 universities by president's pay.
- Previous in this ranking: 26th, Duke University, $2,200,045
- Next in this ranking: 28th, Case Western Reserve University, $2,148,720
Closest in revenue among the universities on this site:
University of Rochester$1,803,590 (President), fiscal year ending Jun 2025
Cornell University$1,405,700 (President), fiscal year ending Jun 2025
Columbia University$1,826,091 (President), fiscal year ending Jun 2025
University of Southern California$4,301,294 (President), fiscal year ending Jun 2025
Washington University in St. Louis$2,382,064 (Chancellor), fiscal year ending Jun 2025
Common questions
Sally Kornbluth (President) was paid $2,151,788 for the fiscal year ending June 2025: $1,734,292 from MIT and $417,496 in other compensation (Part VII columns D and F).
The highest-paid person on the latest return was Seth Alexander (President of MITIMCo), at $4,462,390. That is $2,310,602 more than the president, Sally Kornbluth.
MIT paid its president, Sally Kornbluth, $2,151,788 for the fiscal year ending June 2025. That is up $347,480 (19.3%) from the fiscal year ending June 2024. The earliest return on record is for the fiscal year ending June 2022, when the president was L Rafael Reif, paid $1,626,565. By fiscal year end: June 2022, $1,626,565 (L Rafael Reif); June 2023, $1,845,810; June 2024, $1,804,308 (Sally Kornbluth); June 2025, $2,151,788.
MIT's return for the fiscal year ending June 2025 reports total expenses of $5,505,788,000 and total revenue of $6,737,799,000 (Part I, lines 18 and 12), so revenue exceeded expenses by $1,232,011,000. Expenses were $5,194,162,000 for the fiscal year ending June 2024, so they rose 6.0%. The president's pay of $2,151,788 equals 0.04% of expenses, our calculation.
From the 4 Form 990 returns MIT filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on May 15, 2026. Schedule J of the fiscal year ending June 2025 return breaks down pay for all 6 people in the pay breakdown above.