Academic Excellence
Delivering rigorous curriculum and supporting student achievement
Private research university specializing in science and engineering education
About Organization
The California Institute of Technology advances scientific knowledge and technological innovation through cutting-edge research and rigorous undergraduate and graduate programs. Based in Pasadena, CA, the institution operates with $3.1 billion in annual revenue and maintains world-renowned research facilities including JPL.
Academic Excellence
Delivering rigorous curriculum and supporting student achievement
Student Success
Providing comprehensive support services for student development
Innovation
Advancing teaching methods and educational technology
Form 990 data showing organizational financial health and growth.
| Year | Revenue | Expenses | Assets | Employees |
|---|---|---|---|---|
| 2023 | — | — | — | — |
| 2023 | $4,165,188,000 | $3,686,750,000 | $7,827,509,000 | 12,249 |
| 2022 | — | — | — | — |
| 2022 | $3,933,444,000 | $3,704,492,000 | $6,938,067,000 | 12,365 |
| 2021 | — | — | — | — |
| 2021 | $3,616,401,000 | $3,442,943,000 | $6,336,115,000 | 11,656 |
| 2020 | — | — | — | — |
| 2020 | $3,523,617,000 | $3,276,012,000 | $7,236,565,000 | 11,841 |
| 2019 | $3,522,009,000 | $3,467,103,000 | $6,252,584,000 | 12,035 |
| 2018 | $3,685,295,000 | $3,541,262,000 | $5,596,206,000 | 11,825 |
Source: IRS Form 990 filings. All figures in USD.
Developing rigorous academic programs aligned with standards
Teaching students through evidence-based pedagogical methods
Evaluating student learning and program effectiveness
Refining programs based on data and feedback
Services and programs offered by California Institute Of Technology
Delivering comprehensive curriculum and degree programs
Providing counseling, tutoring, and student success services
Conducting research to advance knowledge and innovation
Meet the people behind California Institute Of Technology.
2017
2017
Enhanced services and organizational capabilities
2023
2023
Grew leadership team to enhance organizational capacity
2025
2025
Launched new initiatives to deepen community impact
Board members, advisors, and key contributors
Information compiled from IRS Form 990 and organizational materials.
Top compensated officers & key employees from IRS Form 990
Total Reported (2023)
$14.9M
Highest Paid
$2.0M
Scott H Richland
Compensated Officers
15
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Scott H Richland | Chief Investment Officer | $1,323,751 | $662,229 | $1,985,980 | 40 |
| Thomas F Rosenbaum | President & Trustee | $1,792,256 | $144,571 | $1,936,827 | 40 |
| Laurie A Leshin | VP & Director, Jpl | $1,364,626 | $56,262 | $1,420,888 | 40 |
| Karen L Sisson | Former VP Admin & CFO | $1,041,722 | $67,876 | $1,109,598 | 40 |
| Douglas N Macbean | SR Managing DIR Investments | $717,505 | $211,860 | $929,365 | 40 |
| David A Tirrell | Provost | $846,666 | $64,815 | $911,481 | 40 |
| Dexter A Bailey | VP Adv & Alumni Relations | $793,904 | $78,692 | $872,596 | 40 |
| Robert P Kirshner | Astronomy Prof & EXEC DIR, Tio | $803,719 | $54,819 | $858,538 | 40 |
| Jennifer T Lum | General Counsel | $705,456 | $128,496 | $833,952 | 40 |
| Kirk Kawasawa | SR Mng DIR Investment OPS | $613,645 | $168,443 | $782,088 | 40 |
| Cathy A Light | Secretary, Board Of Trustees | $668,134 | $83,802 | $751,936 | 40 |
| Larry D James | Deputy Director, Jpl | $659,412 | $61,259 | $720,671 | 40 |
| Frederic Farina | Chief Innov & Corp Partn | $545,263 | $69,659 | $614,922 | 40 |
| Diana Jergovic | VP Strategy Implementation | $559,006 | $48,919 | $607,925 | 40 |
| Sharon E Patterson | CFO & Treasurer As Of 10/23 | $471,109 | $72,662 | $543,771 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Thomas F Rosenbaum | President And Trustee | $2,218,734 | $126,827 | $2,345,561 | 40 |
| Scott H Richland | Chief Investment Officer | $998,071 | $420,992 | $1,419,063 | 40 |
| Laurie A Leshin | VP & Director, Jpl | $1,038,067 | $43,437 | $1,081,504 | 40 |
| Dexter A Bailey | VP Adv & Alumni Relations | $954,104 | $93,484 | $1,047,588 | 40 |
| Pasy I Wang | SR Mg DIR Of Invst Until 9/22 | $861,786 | $61,418 | $923,204 | 40 |
| Douglas N Macbean | SR Managing DIR. Investments | $755,071 | $167,680 | $922,751 | 40 |
| Larry D James | Deputy Director, Jpl | $818,215 | $57,998 | $876,213 | 40 |
| David A Tirrell | Provost | $777,676 | $61,785 | $839,461 | 40 |
| Jennifer T Lum | General Counsel | $662,108 | $117,986 | $780,094 | 40 |
| Karen L Sisson | VP Admin & CFO Until 7/23 | $700,608 | $75,383 | $775,991 | 40 |
| Robert P Kirshner | Astronomy Prof & EXEC DIR, Tio | $666,513 | $36,041 | $702,554 | 40 |
| Brian Chen | Mng DIR, Pvt Invest Until 4/23 | $516,779 | $152,082 | $668,861 | 40 |
| Alistair W Thistlethwaite | Mng DIR, Public/ALT Securities | $525,841 | $126,471 | $652,312 | 40 |
| Cathy A Light | Secretary, Board Of Trustees | $517,189 | $79,426 | $596,615 | 40 |
| Diana Jergovic | VP Strategy Implementation | $525,244 | $46,658 | $571,902 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Scott H Richland | Chief Investment Officer | $2,220,146 | $453,801 | $2,673,947 | 40 |
| Thomas F Rosenbaum | President/Trustee | $2,158,584 | $125,313 | $2,283,897 | 40 |
| Pasy Isabella Wang | SR Mg DIR Of Investments | $852,369 | $310,447 | $1,162,816 | 40 |
| Kirk Kawasawa | SR Mg Director, Investment OPS | $756,960 | $173,633 | $930,593 | 40 |
| Douglas N Macbean | Managing DIR. Of Investments | $628,457 | $213,219 | $841,676 | 40 |
| Edward M Stolper | Professor, Former Provost | $733,107 | $59,509 | $792,616 | 40 |
| Dexter A Bailey | VP Adv & Alumni Rel | $719,448 | $71,963 | $791,411 | 40 |
| David A Tirrell | Provost | $711,810 | $58,162 | $769,972 | 40 |
| Michael M Watkins | Prof. Aerospace & Geophysics | $710,867 | $55,020 | $765,887 | 40 |
| Larry Dean James | Interim DIR, Jpl Until 5/22 | $694,166 | $49,050 | $743,216 | 40 |
| Jennifer T Lum | General Counsel | $618,789 | $110,720 | $729,509 | 40 |
| Margaret Steurbaut | Former VP Admin&CFO Until 9/21 | $615,713 | $56,957 | $672,670 | 40 |
| Cathy A Light | Secretary, Board Of Trustees | $455,915 | $61,343 | $517,258 | 40 |
| Diana Jergovic | VP Strategy Implementation | $453,967 | $44,909 | $498,876 | 40 |
| Sharon E Patterson | ASSOC. VP For Fin & TREAS. | $415,061 | $61,386 | $476,447 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Thomas F Rosenbaum | President/Trustee | $1,394,670 | $115,561 | $1,510,231 | 40 |
| Scott H Richland | Chief Investment Officer | $1,300,922 | $80,004 | $1,380,926 | 40 |
| Pasy Isabella Wang | SR Mg DIR Of Investments | $796,694 | $290,792 | $1,087,486 | 40 |
| Michael M Watkins | VP & DIR, Jpl | $839,068 | $58,605 | $897,673 | 40 |
| Margaret A Steurbaut | VP Admin & CFO | $738,491 | $59,757 | $798,248 | 40 |
| Douglas N Macbean | Managing DIR., Investments | $586,772 | $201,902 | $788,674 | 40 |
| Dexter A Bailey | VP Adv & Alumni Rel | $710,061 | $62,605 | $772,666 | 40 |
| David A Tirrell | Provost | $695,872 | $56,754 | $752,626 | 40 |
| Jennifer T Lum | General Counsel | $609,140 | $100,995 | $710,135 | 40 |
| Robert Braun | DIR. Planetary Science, Jpl | $639,102 | $64,408 | $703,510 | 40 |
| Larry Dean James | Deputy Director Of Jpl | $623,902 | $45,354 | $669,256 | 40 |
| Edward C Stone | Professor, Vice Provost | $488,691 | $64,723 | $553,414 | 40 |
| Kirk Kawasawa | SR Mg DIR Of Investments | $485,927 | $57,022 | $542,949 | 40 |
| Edward M Stolper | Professor, Former Provost | $478,393 | $58,537 | $536,930 | 40 |
| Diana Jergovic | VP Strategy Implementation | $429,203 | $47,645 | $476,848 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Scott H Richland | Chief Investment Officer | $1,088,005 | $947,905 | $2,035,910 | 40 |
| Thomas F Rosenbaum | President/Trustee | $1,265,232 | $113,571 | $1,378,803 | 40 |
| Pasy Isabella Wang | SR Mg DIR Of Investments | $686,285 | $545,631 | $1,231,916 | 40 |
| Michael M Watkins | VP & DIR, Jpl | $810,570 | $57,592 | $868,162 | 40 |
| Margaret A Steurbaut | VP Admin & CFO | $720,202 | $58,360 | $778,562 | 40 |
| David A Tirrell | Provost | $649,311 | $54,895 | $704,206 | 40 |
| Larry Dean James | Deputy Director Of Jpl | $610,059 | $44,851 | $654,910 | 40 |
| Douglas N Macbean | Managing DIR., Investments | $509,663 | $59,795 | $569,458 | 40 |
| Diana Jergovic | VP Strategy Implementation | $520,510 | $42,852 | $563,362 | 40 |
| Edward M Stolper | Professor, Former Provost | $503,970 | $57,524 | $561,494 | 40 |
| Edward C Stone | Professor, Vice Provost | $483,131 | $63,390 | $546,521 | 40 |
| Rene Fradet | CFO, Jpl, Until 7/2020 | $402,066 | $129,869 | $531,935 | 40 |
| Frederic Farina | Chief Innov & Corp Off | $468,854 | $53,404 | $522,258 | 40 |
| Jennifer T Lum | General Counsel | $410,224 | $81,838 | $492,062 | 40 |
| Sharon E Patterson | ASSOC. VP For Fin. & TREAS. | $399,130 | $47,753 | $446,883 | 40 |
Source: IRS Form 990 filings. Compensation includes base and other reported compensation.
Grant funding relationships from IRS Form 990 filings
Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.
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