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Employer Identification Number 95-4240775

MILKEN INSTITUTE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MILKEN INSTITUTE
Employer identification number (EIN):95-4240775
EIN Issuing AuthorityMemphis, TN
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations
401k Pension/Benefits registration MILKEN INSTITUTE 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationMichigan, MI

Organization Overview

Mission StatementTO ADVANCE SOLUTIONS THAT WIDEN ACCESS TO CAPITAL, CREATE JOBS AND IMPROVE HEALTH.
Number of Employees143
Number of Volunteers15
Year Formed1989

Organization Governance

Legal DomicileCA
Voting Members - Governing Body7
Voting Members - Independent6

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 58,431
Program Service Revenue from prior yearUSD $ 225,674
Program Service Revenue from current yearUSD $ 1,064,153
Investment Income from prior yearUSD $ 27,366,583
Investment Income from current yearUSD $ 19,573,125
Other Revenue from prior yearUSD $ 687,749
Other Revenue from current yearUSD $ 126,573
Gross receipts from all sourcesUSD $ 274,749,700
Net assets / fund balances at end of fiscal yearUSD $ 1,016,351,259
Net assets / fund balances at beginning of fiscal yearUSD $ 851,085,571
Total liabilities at end of fiscal yearUSD $ 77,110,984
Total liabilities at beginning of fiscal yearUSD $ 39,827,461
Total assets at end of fiscal yearUSD $ 1,093,462,243
Total assets at beginning of fiscal yearUSD $ 890,913,032
Revenues less expenses for current yearUSD $ 180,634,554
Revenues less expenses for previous yearUSD $ 252,788,565
Total expenses for current yearUSD $ 93,099,476
Total expenses for previous yearUSD $ 64,582,177
Other expenses in current yearUSD $ 53,831,949
Other expenses in previous yearUSD $ 32,042,939
Total fundraising expenses in current yearUSD $ 8,638,506
Professional fundraising fees from current yearUSD $ 682,228
Professional fundraising fees from previous yearUSD $ 230,028
Employee salary and benefits paid in current yearUSD $ 37,377,371
Employee salary and benefits paid in previous yearUSD $ 31,028,599
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,207,928
Grants and similar amounts paid in previous yearUSD $ 1,280,611
Total revenue in current fiscal yearUSD $ 273,734,030
Total revenue in previous fiscal yearUSD $ 317,370,742
Contributions and grants from current yearUSD $ 252,970,179
Contributions and grants from previous yearUSD $ 289,090,736
Gross income from fundraising eventsUSD $ 668,568
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 8,418
Program Service Revenue from prior yearUSD $ 155,746
Program Service Revenue from current yearUSD $ 225,674
Investment Income from prior yearUSD $ 14,719,967
Investment Income from current yearUSD $ 27,366,583
Other Revenue from prior yearUSD $ 2,000,355
Other Revenue from current yearUSD $ 687,749
Gross receipts from all sourcesUSD $ 348,670,622
Net assets / fund balances at end of fiscal yearUSD $ 851,085,571
Net assets / fund balances at beginning of fiscal yearUSD $ 577,478,353
Total liabilities at end of fiscal yearUSD $ 39,827,461
Total liabilities at beginning of fiscal yearUSD $ 28,934,914
Total assets at end of fiscal yearUSD $ 890,913,032
Total assets at beginning of fiscal yearUSD $ 606,413,267
Revenues less expenses for current yearUSD $ 252,788,565
Revenues less expenses for previous yearUSD $ 83,769,782
Total expenses for current yearUSD $ 64,582,177
Total expenses for previous yearUSD $ 54,155,182
Other expenses in current yearUSD $ 32,042,939
Other expenses in previous yearUSD $ 23,495,437
Total fundraising expenses in current yearUSD $ 6,040,194
Professional fundraising fees from current yearUSD $ 230,028
Professional fundraising fees from previous yearUSD $ 487,537
Employee salary and benefits paid in current yearUSD $ 31,028,599
Employee salary and benefits paid in previous yearUSD $ 28,861,744
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,280,611
Grants and similar amounts paid in previous yearUSD $ 1,310,464
Total revenue in current fiscal yearUSD $ 317,370,742
Total revenue in previous fiscal yearUSD $ 137,924,964
Contributions and grants from current yearUSD $ 289,090,736
Contributions and grants from previous yearUSD $ 121,048,896
Gross income from fundraising eventsUSD $ 615,220
2020-12-31
Total unrelated business incomeUSD $ 155,947
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,041,421
Program Service Revenue from current yearUSD $ 155,746
Investment Income from prior yearUSD $ 7,950,365
Investment Income from current yearUSD $ 14,719,967
Other Revenue from prior yearUSD $ 695,191
Other Revenue from current yearUSD $ 2,000,355
Gross receipts from all sourcesUSD $ 197,114,933
Net assets / fund balances at end of fiscal yearUSD $ 577,478,353
Net assets / fund balances at beginning of fiscal yearUSD $ 470,799,309
Total liabilities at end of fiscal yearUSD $ 28,934,914
Total liabilities at beginning of fiscal yearUSD $ 24,797,239
Total assets at end of fiscal yearUSD $ 606,413,267
Total assets at beginning of fiscal yearUSD $ 495,596,548
Revenues less expenses for current yearUSD $ 83,769,782
Revenues less expenses for previous yearUSD $ 74,521,160
Total expenses for current yearUSD $ 54,155,182
Total expenses for previous yearUSD $ 59,116,470
Other expenses in current yearUSD $ 23,495,437
Other expenses in previous yearUSD $ 31,543,616
Total fundraising expenses in current yearUSD $ 5,127,510
Professional fundraising fees from current yearUSD $ 487,537
Professional fundraising fees from previous yearUSD $ 413,452
Employee salary and benefits paid in current yearUSD $ 28,861,744
Employee salary and benefits paid in previous yearUSD $ 26,209,040
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,310,464
Grants and similar amounts paid in previous yearUSD $ 950,362
Total revenue in current fiscal yearUSD $ 137,924,964
Total revenue in previous fiscal yearUSD $ 133,637,630
Contributions and grants from current yearUSD $ 121,048,896
Contributions and grants from previous yearUSD $ 123,950,653
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ -105,645
Program Service Revenue from prior yearUSD $ 766,202
Program Service Revenue from current yearUSD $ 1,041,421
Investment Income from prior yearUSD $ 6,978,059
Investment Income from current yearUSD $ 7,950,365
Other Revenue from prior yearUSD $ 139,824
Other Revenue from current yearUSD $ 695,191
Gross receipts from all sourcesUSD $ 169,750,477
Net assets / fund balances at end of fiscal yearUSD $ 470,799,309
Net assets / fund balances at beginning of fiscal yearUSD $ 380,013,900
Total liabilities at end of fiscal yearUSD $ 24,797,239
Total liabilities at beginning of fiscal yearUSD $ 25,933,792
Total assets at end of fiscal yearUSD $ 495,596,548
Total assets at beginning of fiscal yearUSD $ 405,947,692
Revenues less expenses for current yearUSD $ 74,521,160
Revenues less expenses for previous yearUSD $ 5,122,425
Total expenses for current yearUSD $ 59,116,470
Total expenses for previous yearUSD $ 54,836,160
Other expenses in current yearUSD $ 31,543,616
Other expenses in previous yearUSD $ 30,083,955
Total fundraising expenses in current yearUSD $ 5,664,858
Professional fundraising fees from current yearUSD $ 413,452
Professional fundraising fees from previous yearUSD $ 564,262
Employee salary and benefits paid in current yearUSD $ 26,209,040
Employee salary and benefits paid in previous yearUSD $ 21,823,986
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 950,362
Grants and similar amounts paid in previous yearUSD $ 2,363,957
Total revenue in current fiscal yearUSD $ 133,637,630
Total revenue in previous fiscal yearUSD $ 59,958,585
Contributions and grants from current yearUSD $ 123,950,653
Contributions and grants from previous yearUSD $ 52,074,500
Gross income from fundraising eventsUSD $ 1,151,533
2018-12-31
Total unrelated business incomeUSD $ 36,440
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 856,858
Program Service Revenue from current yearUSD $ 766,202
Investment Income from prior yearUSD $ 7,063,827
Investment Income from current yearUSD $ 6,978,059
Other Revenue from prior yearUSD $ 131,541
Other Revenue from current yearUSD $ 139,824
Gross receipts from all sourcesUSD $ 82,261,015
Net assets / fund balances at end of fiscal yearUSD $ 380,013,900
Net assets / fund balances at beginning of fiscal yearUSD $ 372,843,951
Total liabilities at end of fiscal yearUSD $ 25,933,792
Total liabilities at beginning of fiscal yearUSD $ 32,781,462
Total assets at end of fiscal yearUSD $ 405,947,692
Total assets at beginning of fiscal yearUSD $ 405,625,413
Revenues less expenses for current yearUSD $ 5,122,425
Revenues less expenses for previous yearUSD $ 34,201,273
Total expenses for current yearUSD $ 54,836,160
Total expenses for previous yearUSD $ 45,611,741
Other expenses in current yearUSD $ 30,083,955
Other expenses in previous yearUSD $ 23,824,652
Total fundraising expenses in current yearUSD $ 4,682,179
Professional fundraising fees from current yearUSD $ 564,262
Professional fundraising fees from previous yearUSD $ 470,522
Employee salary and benefits paid in current yearUSD $ 21,823,986
Employee salary and benefits paid in previous yearUSD $ 18,460,305
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,363,957
Grants and similar amounts paid in previous yearUSD $ 2,856,262
Total revenue in current fiscal yearUSD $ 59,958,585
Total revenue in previous fiscal yearUSD $ 79,813,014
Contributions and grants from current yearUSD $ 52,074,500
Contributions and grants from previous yearUSD $ 71,760,788
Gross income from fundraising eventsUSD $ 1,256,448
2017-12-31
Total unrelated business incomeUSD $ -11,460
Net unrelated business incomeUSD $ -13,210
Program Service Revenue from prior yearUSD $ 734,702
Program Service Revenue from current yearUSD $ 856,858
Investment Income from prior yearUSD $ 2,130,333
Investment Income from current yearUSD $ 7,063,827
Other Revenue from prior yearUSD $ 137,650
Other Revenue from current yearUSD $ 131,541
Gross receipts from all sourcesUSD $ 94,004,760
Net assets / fund balances at end of fiscal yearUSD $ 372,843,951
Net assets / fund balances at beginning of fiscal yearUSD $ 323,166,876
Total liabilities at end of fiscal yearUSD $ 32,781,462
Total liabilities at beginning of fiscal yearUSD $ 36,134,443
Total assets at end of fiscal yearUSD $ 405,625,413
Total assets at beginning of fiscal yearUSD $ 359,301,319
Revenues less expenses for current yearUSD $ 34,201,273
Revenues less expenses for previous yearUSD $ 5,078,508
Total expenses for current yearUSD $ 45,611,741
Total expenses for previous yearUSD $ 42,559,621
Other expenses in current yearUSD $ 23,824,652
Other expenses in previous yearUSD $ 23,990,540
Total fundraising expenses in current yearUSD $ 4,375,204
Professional fundraising fees from current yearUSD $ 470,522
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 18,460,305
Employee salary and benefits paid in previous yearUSD $ 15,408,745
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,856,262
Grants and similar amounts paid in previous yearUSD $ 3,160,336
Total revenue in current fiscal yearUSD $ 79,813,014
Total revenue in previous fiscal yearUSD $ 47,638,129
Contributions and grants from current yearUSD $ 71,760,788
Contributions and grants from previous yearUSD $ 44,635,444
Gross income from fundraising eventsUSD $ 797,402
2016-12-31
Total unrelated business incomeUSD $ 13,528
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,438,537
Program Service Revenue from current yearUSD $ 734,702
Investment Income from prior yearUSD $ 1,104,635
Investment Income from current yearUSD $ 2,130,333
Other Revenue from prior yearUSD $ 1,254,916
Other Revenue from current yearUSD $ 137,650
Gross receipts from all sourcesUSD $ 56,830,274
Net assets / fund balances at end of fiscal yearUSD $ 323,166,876
Net assets / fund balances at beginning of fiscal yearUSD $ 316,043,571
Total liabilities at end of fiscal yearUSD $ 36,134,443
Total liabilities at beginning of fiscal yearUSD $ 42,112,138
Total assets at end of fiscal yearUSD $ 359,301,319
Total assets at beginning of fiscal yearUSD $ 358,155,709
Revenues less expenses for current yearUSD $ 5,078,508
Revenues less expenses for previous yearUSD $ 203,447,871
Total expenses for current yearUSD $ 42,559,621
Total expenses for previous yearUSD $ 36,405,927
Other expenses in current yearUSD $ 23,990,540
Other expenses in previous yearUSD $ 20,280,017
Total fundraising expenses in current yearUSD $ 3,869,700
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 15,408,745
Employee salary and benefits paid in previous yearUSD $ 13,419,558
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 3,160,336
Grants and similar amounts paid in previous yearUSD $ 2,706,352
Total revenue in current fiscal yearUSD $ 47,638,129
Total revenue in previous fiscal yearUSD $ 239,853,798
Contributions and grants from current yearUSD $ 44,635,444
Contributions and grants from previous yearUSD $ 235,055,710
Gross income from fundraising eventsUSD $ 596,357
Total of other revenueUSD $ 850
2015-12-31
Total unrelated business incomeUSD $ 537,192
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 985,880
Program Service Revenue from current yearUSD $ 2,438,537
Investment Income from prior yearUSD $ 392,540
Investment Income from current yearUSD $ 1,104,635
Other Revenue from prior yearUSD $ 368,276
Other Revenue from current yearUSD $ 1,254,916
Gross receipts from all sourcesUSD $ 312,707,477
Net assets / fund balances at end of fiscal yearUSD $ 316,043,571
Net assets / fund balances at beginning of fiscal yearUSD $ 110,467,506
Total liabilities at end of fiscal yearUSD $ 42,112,138
Total liabilities at beginning of fiscal yearUSD $ 41,034,663
Total assets at end of fiscal yearUSD $ 358,155,709
Total assets at beginning of fiscal yearUSD $ 151,502,169
Revenues less expenses for current yearUSD $ 203,447,871
Revenues less expenses for previous yearUSD $ 27,558,919
Total expenses for current yearUSD $ 36,405,927
Total expenses for previous yearUSD $ 34,314,521
Other expenses in current yearUSD $ 20,280,017
Other expenses in previous yearUSD $ 19,194,814
Total fundraising expenses in current yearUSD $ 3,677,002
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 13,419,558
Employee salary and benefits paid in previous yearUSD $ 11,556,228
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,706,352
Grants and similar amounts paid in previous yearUSD $ 3,563,479
Total revenue in current fiscal yearUSD $ 239,853,798
Total revenue in previous fiscal yearUSD $ 61,873,440
Contributions and grants from current yearUSD $ 235,055,710
Contributions and grants from previous yearUSD $ 60,126,744
Gross income from fundraising eventsUSD $ 919,505
Total of other revenueUSD $ 1,103,396
2014-12-31
Total unrelated business incomeUSD $ 22,581
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,100,623
Program Service Revenue from current yearUSD $ 985,880
Investment Income from prior yearUSD $ 3,131,114
Investment Income from current yearUSD $ 392,540
Other Revenue from prior yearUSD $ 303,942
Other Revenue from current yearUSD $ 368,276
Gross receipts from all sourcesUSD $ 74,257,253
Net assets / fund balances at end of fiscal yearUSD $ 110,467,506
Net assets / fund balances at beginning of fiscal yearUSD $ 85,218,616
Total liabilities at end of fiscal yearUSD $ 41,034,663
Total liabilities at beginning of fiscal yearUSD $ 38,944,567
Total assets at end of fiscal yearUSD $ 151,502,169
Total assets at beginning of fiscal yearUSD $ 124,163,183
Revenues less expenses for current yearUSD $ 27,558,919
Revenues less expenses for previous yearUSD $ 17,250,559
Total expenses for current yearUSD $ 34,314,521
Total expenses for previous yearUSD $ 64,251,632
Other expenses in current yearUSD $ 19,194,814
Other expenses in previous yearUSD $ 16,092,659
Total fundraising expenses in current yearUSD $ 2,251,375
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,556,228
Employee salary and benefits paid in previous yearUSD $ 10,414,658
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 3,563,479
Grants and similar amounts paid in previous yearUSD $ 37,744,315
Total revenue in current fiscal yearUSD $ 61,873,440
Total revenue in previous fiscal yearUSD $ 81,502,191
Contributions and grants from current yearUSD $ 60,126,744
Contributions and grants from previous yearUSD $ 76,966,512
Gross income from fundraising eventsUSD $ 471,549
Total of other revenueUSD $ 167,829

Other Company Names associated with EIN

THE MILKEN INSTITUTE

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 954240775

USA Location Address
1250 FOURTH STREET
SANTA MONICA
CA
90401
Date first seen: 2007-01-01
Date last seen: 2023-12-31
USA Mailing Address
1250 FOURTH STREET
SANTA MONICA
CA
90401
Date first seen: 2007-01-01
Date last seen: 2023-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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