Program areas at WPI
The university provides education in the fields of science, technology, engineering and mathematics to approximately 5,200 undergraduate and 2,000 graduate students. In addition, housing and board auxiliary services are provided for approximately 2,400 students. During fiscal year 2022, the university awarded 1,197 bachelor, 684 master and 69 phd degrees. Students emerge from the university's unique experience ready to take on some of the most difficult challenges in science and technology. More importantly, they understand how their work can truly impact society and improve lives.
At the university, 223 faculty and post doc researchers, and 546 students are engaged in cutting-edge research across a broad range of disciplines. The university receives research funding from a variety of sources, primarily from governmental organizations such as the national science foundation, department of defense, national Institute of health and other federal agencies. Research at the university has a decidedly applied focus, with work focused on problems that are both interesting and important. The result is new knowledge, new innovations, and technological advances that attack some of the major challenges of our time.
Who funds Worcester Polytechnic Institute (WPI)
Grants from foundations and other nonprofits
Personnel at WPI
Name | Title | Compensation | Date of data |
---|
Jeffrey Solomon | Treasurer , Executive Vice President , Chief Financial Officer / Treasurer , Executive Vice President and Chief Financial Officer / Executive Vice Presidentchief Financial Officer / Treasurer and Executive Vice President and Chief Financial Officer | $738,198 | 2022-06-30 |
Michael Horan | Executive Vice President and Chief Financial Officer | $194,712 | 2023-05-05 |
Amy Morton | Vice President and Chief of Staff / Chief Marketing Officer | $397,411 | 2022-06-30 |
Donna Stock | Vice President University Advancement | $344,649 | 2022-06-30 |
Philip Clay | Vice President Student Affairs / Vice President of Student Affairs and Dean of Students | $417,975 | 2022-06-30 |
...and 25 more key personnel |
Financials for WPI
Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
---|
Total grants, contributions, etc. | $25,922,762 | $32,507,077 | -20.3% |
Program services | $414,335,622 | $361,959,356 | 14.5% |
Investment income and dividends | $6,241,403 | $3,447,093 | 81.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $312,101 | $223,551 | 39.6% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $-1,945,352 | $11,276 | -17352.1% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $5,110 | $4,608 | 10.9% |
Total revenues | $444,871,646 | $398,152,961 | 11.7% |
Organizations like WPI
Organization | Type | Location | Revenue |
---|
Rensselaer Polytechnic Institute (RPI) | 501(c)(3) | Troy, NY | $703,187,253 |
Illinois Institute of Technology (IIT) | 501(c)(3) | Chicago, IL | $364,483,065 |
Seattle Pacific University (SPU) | 501(c)(3) | Seattle, WA | $148,499,539 |
Clarkson University | 501(c)(3) | Potsdam, NY | $262,243,512 |
Valparaiso University | 501(c)(3) | Valparaiso, IN | $194,686,967 |
Wake Forest University (WFU) | 501(c)(3) | Winston Salem, NC | $715,438,504 |
Loyola University Chicago (LUC) | 501(c)(3) | Chicago, IL | $1,069,361,900 |
Pace University | 501(c)(3) | New York, NY | $682,582,586 |
Santa Clara University (SCU) | 501(c)(3) | Santa Clara, CA | $737,403,416 |
Clark University | 501(c)(3) | Worcester, MA | $226,941,247 |
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $12,000 from Alice W Miles Tuw-Wpi February 3, 2024
Received grants
Identified 32 new grant, including a grant for $600,000 from George I Alden Trust August 19, 2023
Received grants
Identified 79 new grant, including a grant for $1,000,000 from George I Alden Trust August 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
EducationArts, cultural, and humanities
Characteristics
Political advocacyLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
- Address
- 100 Institute Rd
- Worcester, MA 01609
- Metro area
- Worcester, MA-CT
- County
- Worcester County, MA
- Website URL
- wpi.edu/Â
- Phone
- (508) 831-5000
- Facebook page
- wpi.eduÂ
- Twitter profile
- @wpiÂ
IRS details
- EIN
- 04-2121659
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1865
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B43: University or Technological Institute
- NAICS code, primary
- 611310: Colleges, Universities, and Professional Schools
- Parent/child status
- Central organization
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