EIN 23-1370501

The Franklin Institute

IRS 501(c) type
501(c)(3)
Num. employees
218
Year formed
1824
Most recent tax filings
2023-12-01
Description
The Franklin Institute embodies the spirit of inquiry and discovery championed by Benjamin Franklin and aims to inspire a passion for learning about science and technology. As the most visited museum in the Commonwealth and a top-five tourist destination in Philadelphia, it serves as both a prominent education and cultural resource, anchoring the local community. The Partners for Achieving Careers in Technology and Science (PACTS) program, celebrating its 30th year in 2022, is one of the region's oldest and most comprehensive science immersion programs for middle school students.
Total revenues
$39,597,836
2023
Total expenses
$31,213,719
2023
Total assets
$189,649,707
2023
Num. employees
218
2023

Program areas at The Franklin Institute

Educational programs, services & grants: completing its 31st year in 2023, The partners for achieving careers in technology and science (pacts) program is one of The region's oldest and most comprehensive science immersion programs for middle school students. Pacts served 63 students from area public schools during The 2022-2023 school year. In its 23rd year, The Institute's stem scholars program, a concentrated program of high school students who show high interest in and aptitude for stem fields, served 77 students. Pacts and stem scholars provide students with access to stem professionals, as well as college educational programs and services, application and financial aid counseling, exposure to stem careers, and annual robotics programs. These two programs deliver unique stem programming to a diverse audience.the Franklin Institute also develops model programs in science learning for The k-12 education community that are delivered both inside and outside The museum walls, including science in The summer, mission2mars, and The children's vaccine education program, which served 53,965 participants across 33 states.
The journal of The Franklin Institute, The second oldest scholarly journal in continuous publication in The united states, has increased The volume of articles per issue,, as well as The readership. All 198 years of The journal are available online through libraries and research institutions.
Museum admissions & operations: as The most visited museum in The commonwealth and a top-five tourist destination in The city of philadelphia, The Franklin Institute serves as both a prominent education and cultural resource, and as an anchor of The local economy. In 2023, The Institute welcomed 663,335 visitors to The museum, including 78,000 free and discounted visits provided to underserved schools and families through The access program. The Franklin Institute's longstanding reputation helps to elevate The commonwealth and The city of philadelphia as models for cultural and informal education excellence. The Institute welcomes visitors of all ages to explore science in interactive exhibits and public programs. The Institute remains fully committed to providing an exceptional experience for its many visitors and increasing service to its audience, extending The Institute's mission- to inspire a passion for learning about science and technology-to children and families throughout greater philadelphia, regardless of means, remains, as always, at The heart of its priorities. It does so through outstanding exhibits and many education and outreach programs.
Interest and depreciation expense not included above.interest $225,850depreciation $5,585,741

Who funds The Franklin Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Guilliam H. Clamer FoundationGeneral Operating$483,361
Schwab Charitable FundArts, Culture & Humanities$388,669
William Penn FoundationArts and Culture Hubs Fy2022, Fy2023, Fy2024$225,000
...and 96 more grants received totalling $3,248,224

Personnel at The Franklin Institute

NameTitleCompensation
Larry DubinskiPresident and Chief Executive Officer$777,149
K Siobhan KeefeSenior Vice President and Chief Financial Officer / Vice President Finance and Treasurer / Vice President of Finance and Treasurer$251,874
Christopher RizzoVice President , Business Operations
Mark HarmonVice President , Operations$179,865
Keith DoughtyVice President , Finance$140,968
...and 14 more key personnel

Financials for The Franklin Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$19,920,726
Program services$15,328,047
Investment income and dividends$2,127,415
Tax-exempt bond proceeds$0
Royalty revenue$348,332
Net rental income$441,730
Net gain from sale of non-inventory assets$1,263,608
Net income from fundraising events$127,405
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$40,573
Total revenues$39,597,836

Form 990s for The Franklin Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990View PDF
2022-122023-11-10990View PDF
2021-122022-11-09990View PDF
2020-122021-11-10990View PDF
2019-122021-02-24990View PDF
...and 10 more Form 990s

Organizations like The Franklin Institute

OrganizationLocationRevenue
Museum of ScienceBoston, MA$72,506,770
The ExploratoriumSan Francisco, CA$61,024,177
Kenneth C Griffin Museum of Science and Industry (MSI)Chicago, IL$58,414,869
Intrepid Sea-Air-Space MuseumNew York, NY$30,558,446
Pacific Science CenterSeattle, WA$17,593,745
Da Vinci Science Center (DSC)Allentown, PA$10,350,448
Science Museum of MinnesotaSaint Paul, MN$35,064,602
Oregon Museum of Science and IndustryPortland, OR$22,910,290
Liberty Science CenterJersey City, NJ$40,343,463
The Adler PlanetariumChicago, IL$18,774,196
Data update history
November 26, 2024
Received grants
Identified 12 new grant, including a grant for $483,361 from The Guilliam H. Clamer Foundation
September 21, 2024
Updated personnel
Identified 13 new personnel
August 25, 2024
Received grants
Identified 44 new grant, including a grant for $100,000 from The James R and Elizabeth P Holt Family Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Subak Family Foundation
April 18, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
MembershipsLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
222 N 20th St
Philadelphia, PA 19103
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
fi.edu/en 
Phone
(215) 448-1200
Facebook page
TheFranklinInstitute 
Twitter profile
@thefranklin 
IRS details
EIN
23-1370501
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1824
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A57: Science and Technology Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0209232
FTB Entity ID
1123432
AB 488 data last updated ("as-of") date
2024-12-31
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