Nonprofit · EIN 13-1641075
NATIONAL BUREAU OF ECONOMIC RESEARCH INC
Tax-exempt · CAMBRIDGE, MA 02138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $46,995,418 | $38,923,964 | $8,071,454 | $206,005,855 | $24,935,222 | $181,070,633 |
| June 30, 2024 | 990 | $61,021,762 | $38,448,505 | $22,573,257 | $189,583,834 | $25,388,847 | $164,194,987 |
| June 30, 2023 | 990 | $41,671,966 | $38,473,599 | $3,198,367 | $176,832,918 | $28,682,127 | $148,150,791 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $30,571,240
- of which government grants
- $24,378,578
- Program service revenue
- $1,593,780
- Investment income
- $14,830,398
- Net gain from sales of assets
- $11,279,668
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,623,017
- Compensation of officers, directors and key employees
- $2,687,731
- Other salaries and wages
- $12,237,325
- Salaries, compensation and benefits (total)
- $19,101,581
- Professional fundraising fees
- $0
- Legal fees
- $101,927
- Accounting fees
- $119,250
- Occupancy
- $2,260,364
- Travel
- $2,759,225
- Depreciation
- $270,241
- Program services (functional)
- $27,311,782
- Management and general (functional)
- $11,514,527
- Fundraising (functional)
- $97,655
Balance sheet and other
- Total assets, start of year
- $189,583,834
- Total assets, end of year
- $206,005,855
- Total liabilities, end of year
- $24,935,222
- Net assets, end of year
- $181,070,633
- Land, buildings and equipment
- $405,410
- Publicly traded securities
- $186,911,023
- Net assets without donor restrictions
- $181,070,633
- Gross receipts
- $56,705,969
- Employees
- 458
- Volunteers
- 0
- Year formed
- 1920
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES M POTERBA | PRESIDENT & CEO Trustee or director, Officer | 35 | $886,629 | $81,996 |
| ALTERRA MILONE | CORP SEC & DIR OF GRANTS Officer | 35 | $291,601 | $99,409 |
| ERIN RICHARDSON | DIR OF INFORMATION SYSTEMS Key employee | 35 | $308,434 | $82,472 |
| KELLY HORAK | ASST CORP SEC & CONTROLLER Officer | 35 | $266,032 | $81,832 |
| MOHAN RAMANUJAN | UNIX SYSTEM ADMINISTRATOR Highest-paid employee | 35 | $243,769 | $87,224 |
| STEVE HARRIMAN | ASST DIR OF ACCOUNTING Highest-paid employee | 35 | $197,059 | $80,143 |
| RICHARD WOODBURY | AGING PROGRAM SPECIALIST Highest-paid employee | 26 | $207,774 | $68,943 |
| ALISON OAXACA | ASST DIR OF GRANTS Highest-paid employee | 35 | $175,572 | $50,204 |
| DEBORAH NICHOLSON | WEBMASTER Highest-paid employee | 28 | $157,227 | $60,721 |
| DENIS HEALY | ASST CORP SEC & DIR CORP RELATIONS Officer | 35 | $146,659 | $52,873 |
| ABIGAIL MURRELL | ASST CORP SEC & CORP/FOUND. RELATIONS Officer | 35 | $64,054 | $9,452 |
| PETER BLAIR HENRY | CHAIR & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| KAREN G MILLS | VICE CHAIR & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| BARRY MELANCON | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| TIMOTHY BEATTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
66 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIMOTHY BRESNAHAN | DIRECTOR Trustee or director | 1 | $0 |
| KATHLEEN B COOPER | DIRECTOR Trustee or director | 1 | $0 |
| MAUREEN CROPPER | DIRECTOR Trustee or director | 1 | $0 |
| CHARLES H DALLARA | DIRECTOR Trustee or director | 1 | $0 |
| ALAN V DEARDORFF | DIRECTOR Trustee or director | 1 | $0 |
| MOHAMED EL-ERIAN | DIRECTOR Trustee or director | 1 | $0 |
| GRAHAM ELLIOTT | DIRECTOR Trustee or director | 1 | $0 |
| DIANA FARRELL | DIRECTOR Trustee or director | 1 | $0 |
| HELENA FOULKES | DIRECTOR Trustee or director | 1 | $0 |
| ESTHER GEORGE | DIRECTOR Trustee or director | 1 | $0 |
| DARRICK HAMILTON | DIRECTOR Trustee or director | 1 | $0 |
| PETER HANCOCK | DIRECTOR Trustee or director | 1 | $0 |
| BENJAMIN HERMALIN | DIRECTOR Trustee or director | 1 | $0 |
| KAREN N HORN | DIRECTOR Trustee or director | 1 | $0 |
| R GLENN HUBBARD | DIRECTOR Trustee or director | 1 | $0 |
| CONSTANCE HUNTER | DIRECTOR Trustee or director | 1 | $0 |
| LISA JORDAN | DIRECTOR Trustee or director | 1 | $0 |
| ARTHUR KENNICKELL | DIRECTOR Trustee or director | 1 | $0 |
| KARIN KIMBOROUGH | DIRECTOR Trustee or director | 1 | $0 |
| SAMUEL KORTUM | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM M LEWIS JR | DIRECTOR Trustee or director | 1 | $0 |
| JOHN LIPSKY | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE J MAILATH | DIRECTOR Trustee or director | 1 | $0 |
| ANNE MCCANTS | DIRECTOR Trustee or director | 1 | $0 |
| ANGELO MELINO | DIRECTOR Trustee or director | 1 | $0 |
| JOEL MOKYR | DIRECTOR Trustee or director | 1 | $0 |
| LAURENCE C MORSE | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL H MOSKOW | DIRECTOR Trustee or director | 1 | $0 |
| ALICIA H MUNNELL | DIRECTOR Trustee or director | 1 | $0 |
| MAUREEN O'HARA | DIRECTOR Trustee or director | 1 | $0 |
| JOHN PEPPER | DIRECTOR Trustee or director | 1 | $0 |
| DANA M PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| DOUGLAS PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW RACINE | DIRECTOR Trustee or director | 1 | $0 |
| JOHN S REED | DIRECTOR Trustee or director | 1 | $0 |
| PETER L ROUSSEAU | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD SCHMALENSEE | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER SIMS | DIRECTOR Trustee or director | 1 | $0 |
| GREGOR W SMITH | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD STECKEL | DIRECTOR Trustee or director | 1 | $0 |
| ANNE HUFF STEVENS | DIRECTOR Trustee or director | 1 | $0 |
| LARS STOLE | DIRECTOR Trustee or director | 1 | $0 |
| HAL VARIAN | DIRECTOR Trustee or director | 1 | $0 |
| INGO WALTER | DIRECTOR Trustee or director | 1 | $0 |
| MARK WEINBERGER | DIRECTOR Trustee or director | 1 | $0 |
| DAVID B YOFFIE | DIRECTOR Trustee or director | 1 | $0 |
| MARTIN B ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE AKERLOF | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| PETER C ALDRICH | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| JAGDISH BHAGWATI | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| DON R CONLAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| GEORGE C EADS | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| JESSICA P EINHORN | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| RAY C FAIR | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| JACOB A FRENKEL | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| MARTIN GRUBER | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| ROBERT S HAMADA | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| SAUL H HYMANS | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| MARJORIE B MCELROY | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| ROBERT MEDNICK | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| LAURENCE H MEYER | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| ROBERT T PARRY | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| ANDREW POSTLEWAITE | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| JOHN J SIEGFRIED | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| CRAIG SWAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
| MARINA V N WHITMAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 78 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES M POTERBA | PRESIDENT & CEO Trustee or director, Officer | 35 | $845,698 | $78,996 |
| ERIN RICHARDSON | DIR OF INFORMATION SYSTEMS Key employee | 35 | $343,812 | $34,590 |
| ALTERRA MILONE | CORP SEC & DIR OF GRANTS Officer | 35 | $278,849 | $93,936 |
| KELLY HORAK | ASST CORP SEC & CONTROLLER Officer | 35 | $261,729 | $78,006 |
| MOHAN RAMANUJAN | UNIX SYSTEM ADMINISTRATOR Highest-paid employee | 35 | $237,258 | $83,759 |
| CARL BECK | CONFERENCE DEPT DIRECTOR Key employee | 35 | $252,517 | $63,741 |
| STEVE HARRIMAN | ASST DIR OF ACCOUNTING Highest-paid employee | 35 | $191,227 | $76,137 |
| RICHARD WOODBURY | AGING PROGRAM SPECIALIST Highest-paid employee | 27 | $198,780 | $63,989 |
| ALEXANDER AMINOFF | PROGRAMMER & SYS ADMIN Highest-paid employee | 36 | $210,692 | $33,593 |
| DEBORAH NICHOLSON | WEBMASTER Highest-paid employee | 28 | $154,144 | $58,304 |
| DENIS HEALY | ASST CORP SEC & DIR CORP RELATIONS Officer | 35 | $140,615 | $50,444 |
| PETER BLAIR HENRY | CHAIR & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| KAREN MILLS | VICE CHAIR & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT MEDNICK | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| TIM BEATTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY BRESNAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PIERRE-ANDRE CHIAPPORI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHLEEN B COOPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAUREEN CROPPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES H DALLARA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAN V DEARDORFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA P EINHORN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MOHAMED EL-ERIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GRAHAM ELLIOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANA FARRELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HELENA FOULKES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ESTHER GEORGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER HANCOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BENJAMIN HERMALIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN N HORN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CONSTANCE HUNTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA JORDAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARTHUR KENNICKELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KARIN KIMBOROUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL KORTUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM M LEWIS JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN LIPSKY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE MAILATH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE MCCANTS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOEL MOKYR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURENCE C MORSE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL H MOSKOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALICIA H MUNNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAUREEN O'HARA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANA M PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUGLAS PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW RACINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN S REED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER L ROUSSEAU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD L SCHMALENSEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER SIMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGOR W SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD STECKEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE HUFF STEVENS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARS STOLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HAL VARIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| INGO WALTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK WEINBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID B YOFFIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTIN ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE AKERLOF | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| PETER C ALDRICH | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| JAGDISH BHAGWATI | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| JOHN H BIGGS | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| DON R CONLAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| GEORGE C EADS | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| RAY C FAIR | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| JACOB A FRENKEL | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| MARTIN GRUBER | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| ROBERT S HAMADA | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| SAUL H HYMANS | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| MARJORIE B MCELROY | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| LAURENCE H MEYER | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| ROBERT T PARRY | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| ANDREW POSTLEWAITE | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| JOHN J SIEGFRIED | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| CRAIG SWAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| MARINA V N WHITMAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 81 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES M POTERBA | PRESIDENT & CEO Trustee or director, Officer | 35 | $812,269 | $77,757 |
| ALTERRA MILONE | CORP SEC & DIR OF GRANTS Officer | 35 | $260,482 | $88,761 |
| KELLY HORAK | ASST CORP SEC & CONTROLLER Officer | 35 | $253,302 | $74,691 |
| MOHAN RAMANUJAN | UNIX SYSTEM ADMINISTRATOR Highest-paid employee | 35 | $226,418 | $79,830 |
| ERIN RICHARDSON | DIR OF INFORMATION SYSTEMS Key employee | 35 | $276,083 | $24,381 |
| STEVE HARRIMAN | ASST DIR OF ACCOUNTING Highest-paid employee | 35 | $180,439 | $71,614 |
| RICHARD WOODBURY | AGING PROGRAM SPECIALIST Highest-paid employee | 28 | $188,431 | $59,752 |
| CARL BECK | CONFERENCE DEPT DIRECTOR Key employee | 35 | $185,811 | $49,829 |
| DANIEL FEENBERG | DIR OF INFORMATION SYSTEMS Highest-paid employee | 16 | $183,213 | $48,397 |
| ALEXANDER AMINOFF | PROGRAMMER & SYS ADMIN Highest-paid employee | 34 | $191,863 | $29,993 |
| DENIS HEALY | ASST CORP SEC & DIR CORP RELATIONS Officer | 35 | $133,446 | $49,098 |
| JOHN LIPSKY | CHAIR & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| PETER BLAIR HENRY | VICE CHAIR & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT MEDNICK | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| TIM BEATTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY BRESNAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PIERRE-ANDRE CHIAPPORI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHLEEN B COOPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAUREEN CROPPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES H DALLARA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAN V DEARDORFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA P EINHORN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MOHAMED EL-ERIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GRAHAM ELLIOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANA FARRELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD FOSTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HELENA FOULKES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT S HAMADA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER HANCOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BENJAMIN HERMALIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP HOFFMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN N HORN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CONSTANCE HUNTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA JORDAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARTHUR KENNICKELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KARIN KIMBOROUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL KORTUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE MAILATH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE MCCANTS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN MILLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOEL MOKYR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL H MOSKOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALICIA H MUNNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAUREEN O'HARA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT T PARRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANA M PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUGLAS PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW RACINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYNN REASER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN S REED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER L ROUSSEAU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD L SCHMALENSEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER SIMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGOR W SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM SPRIGGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD STECKEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE HUFF STEVENS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARS STOLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HAL VARIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| INGO WALTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK WEINBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID B YOFFIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTIN ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE AKERLOF | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| PETER C ALDRICH | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| ELIZABETH E BAILEY | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| JAGDISH BHAGWATI | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| JOHN H BIGGS | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| DON R CONLAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| GEORGE C EADS | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| RAY C FAIR | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| JACOB A FRENKEL | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| MARTIN GRUBER | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| SAUL H HYMANS | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| MARJORIE B MCELROY | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| LAURENCE H MEYER | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| RUDOLPH A OSWALD | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| ANDREW POSTLEWAITE | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| JOHN J SIEGFRIED | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| CRAIG SWAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
| MARINA V N WHITMAN | DIRECTOR EMERITUS Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1050 MASSACHUSETTS AVE, CAMBRIDGE, MA 02138-5359
- Principal officer (990 for 2024)
- JAMES POTERBA, 1050 MASSACHUSETTS AVE, CAMBRIDGE, MA 021385359
- Signed the 990
- JAMES POTERBA, PRES. & CEO
- Phone
- (617) 868-3900
- Website
- WWW.NBER.ORG
- Return prepared by
- AAFCPAS INC
Mission
THE NBER CONDUCTS UNBIASED, NON-PARTISAN ECONOMIC RESEARCH AND COMMUNICATES THE FINDINGS OF THAT RESEARCH TO ACADEMIC RESEARCHERS, POLICY-MAKERS, AND BUSINESS PROFESSIONALS. (CONTINUED ON SCHEDULE O)
Program accomplishments
- SPONSORED RESEARCH: THE NBER AND ITS AFFILIATED RESEARCHERS CONDUCT ACADEMIC RESEARCH PROJECTS ON A WIDE ARRAY OF TOPICS WITHIN ECONOMICS. THESE PROJECTS ARE FUNDED BY GRANTS FROM VARIOUS GOVERNMENT AGENCIES AND PRIVATE FOUNDATIONS. SPONSORS INCLUDE THE NATIONAL INSTITUTE OF HEALTH, THE NATIONAL SCIENCE FOUNDATION, AND THE ALFRED P. SLOAN FOUNDATION, AMONG OTHER ENTITIES. THE NBER HAS OVER 1,800 AFFILIATED RESEARCHERS, AND MORE THAN 350 CURRENT RESEARCH PROJECTS.Expenses $18,359,974 · grants $1,401,089
- RESEARCH MEETINGS: THE NBER ORGANIZED OVER 150 RESEARCH MEETINGS AND CONFERENCES DURING THE YEAR, INCLUDING MORE THAN 50 MEETINGS THAT TAKEN TOGETHER CONSTITUTE THE NBER'S SUMMER INSTITUTE. THESE MEETINGS PROVIDE AN OPPORTUNITY FOR RESEARCHERS, BOTH NBER AFFILIATES AND OTHER INVITEES, TO PRESENT THEIR LATEST RESEARCH FINDINGS AND TO EXCHANGE IDEAS ABOUT ONGOING RESEARCH. THE MEETINGS INCLUDE BOTH RESEARCH CONDUCTED THROUGH THE NBER AND OTHER RELEVANT ACADEMIC RESEARCH. THESE MEETINGS ARE ORGANIZED BY THE NBER'S PROGRAM DIRECTORS AND WORKING GROUP DIRECTORS, OR OTHER RESEARCHERS SELECTED BY THEM. MOST ARE HELD IN CAMBRIDGE, MASSACHUSETTS, ALTHOUGH SOME ARE HELD IN OTHER LOCATIONS. SOME MEETINGS ARE HELD VIRTUALLY, AND VIDEOS OF MOST MEETINGS ARE POSTED FOR SEVERAL WEEKS AFTER THE EVENT.Expenses $6,888,466
- PUBLICATIONS: THE NBER DISSEMINATES THE SCIENTIFIC FINDINGS OF ITS AFFILIATED RESEARCHERS IN SEVERAL WAYS: BY INCLUSION IN THE NBER WORKING PAPER SERIES, BY PUBLISHING BOOKS, USUALLY IN COLLABORATION WITH THE UNIVERSITY OF CHICAGO PRESS, AND BY HIGHLIGHTING RESEARCH IN THE MORE BROADLY-DISTRIBUTED NBER DIGEST, NBER REPORTER, NBER BULLETIN ON HEALTH, NBER BULLETIN ON ENTREPRENEURSHIP, AND THE NBER BULLETIN ON THE ECONOMICS OF ALZHEIMER'S DISEASE AND RELATED DEMENTIAS. THE NBER POSTS OVER TWELVE HUNDRED WORKING PAPERS ANNUALLY, AND MORE THAN A NINE HUNDRED INSTITUTIONS SUBSCRIBE TO THE NBER WORKING PAPER SERIES. THE CIRCULATION OF THE DIGEST AND REPORTER PUBLICATIONS IS SEVERAL TIMES LARGER.Expenses $1,015,177 · revenue $1,593,780
- NON-SPONSORED RESEARCHExpenses $1,048,165 · grants $221,928
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1641075
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1921
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V220)
- Assets (IRS master file)
- $206,005,855
- Income (IRS master file)
- $56,705,969
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $46,995,418 | $38,923,964 | $206,005,855 | XML |
| 990 | June 2024 | $61,021,762 | $38,448,505 | $189,583,834 | XML |
| 990 | June 2023 | $41,671,966 | $38,473,599 | $176,832,918 | XML |
| 990 | June 2022 | $42,145,646 | $33,720,721 | $153,221,973 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1641075).
Questions about NATIONAL BUREAU OF ECONOMIC RESEARCH INC
- What is the EIN of NATIONAL BUREAU OF ECONOMIC RESEARCH INC?
- The employer identification number (EIN) of NATIONAL BUREAU OF ECONOMIC RESEARCH INC is 13-1641075.
- Is NATIONAL BUREAU OF ECONOMIC RESEARCH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1921.
- Are donations to NATIONAL BUREAU OF ECONOMIC RESEARCH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL BUREAU OF ECONOMIC RESEARCH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL BUREAU OF ECONOMIC RESEARCH INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL BUREAU OF ECONOMIC RESEARCH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NATIONAL BUREAU OF ECONOMIC RESEARCH INC?
- The 990 for the year ended June 30, 2025 names JAMES POTERBA.
- Who are the officers and directors of NATIONAL BUREAU OF ECONOMIC RESEARCH INC?
- The 990 for the year ended June 30, 2025 lists 81 people; 11 received compensation from the organization, the highest $886,629 (JAMES M POTERBA, PRESIDENT & CEO).
- How much revenue does NATIONAL BUREAU OF ECONOMIC RESEARCH INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $46,995,418, expenses of $38,923,964 and total assets of $206,005,855 at year end.
Other nonprofits in CAMBRIDGE
- HUMAN SERVICES RESEARCH INSTITUTE INC EIN 52-1039368 · last filed 990 for 2025
- AMERICAN ACADEMY OF ARTS AND SCIENCES EIN 04-2103651 · last filed 990 for 2025
- WILLIAM WILBERFORCE INTERNATIONAL SCHOOL OF POVERTY ALLEVIATION AND EIN 27-2900571 · last filed 990-EZ for 2025
- ASSOCIATION FOR ELECTION SCIENCE REFORM AND ADMINISTRATION EIN 99-2764386 · last filed 990-EZ for 2025
- CHARLES RIVER ECONOMICS LABS EIN 92-0878171 · last filed 990-N for 2025
- JOURNAL OF LAW AND TECHNOLOGY ASSOCIATION INC EIN 85-0831895 · last filed 990-N for 2024
- IRANIAN WOMENS STUDIES FOUNDATION INC EIN 04-3059643 · last filed 990-N for 2024
- FRIENDS OF THE LABORATORY FOR DEVELOPMENTAL STUDIES INC EIN 39-2343013 · last filed 990-N for 2024
All nonprofits in CAMBRIDGE · Massachusetts · Social science