Nonprofit · EIN 26-0264045
THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION
Tax-exempt · NATICK, MA 01760
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,378,258 | $3,094,742 | $283,516 | $1,144,138 | $178,500 | $965,638 |
| December 31, 2023 | 990 | $1,905,388 | $3,487,696 | -$1,582,308 | $996,790 | $314,668 | $682,122 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,284,774
- Program service revenue
- $76,765
- Investment income
- $16,719
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,599,388
- Other salaries and wages
- $832,055
- Salaries, compensation and benefits (total)
- $2,807,569
- Professional fundraising fees
- $0
- Accounting fees
- $56,899
- Occupancy
- $7,734
- Travel
- $43,692
- Depreciation
- $1,291
- Program services (functional)
- $2,302,912
- Management and general (functional)
- $495,579
- Fundraising (functional)
- $296,251
Balance sheet and other
- Total assets, start of year
- $996,790
- Total assets, end of year
- $1,144,138
- Total liabilities, end of year
- $178,500
- Net assets, end of year
- $965,638
- Land, buildings and equipment
- $584
- Net assets without donor restrictions
- $612,888
- Net assets with donor restrictions
- $352,750
- Gross receipts
- $3,378,258
- Employees
- 15
- Volunteers
- 6
- Year formed
- 2007
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ann Christensen | President & CEO Trustee or director, Officer | 40 | $285,452 | $29,805 |
| John Riley | VP - Finance & HR Officer | 40 | $230,605 | $49,079 |
| Julia Freeland Fisher | Director - Education Research Key employee | 40 | $213,919 | $48,293 |
| Efosa Ojomo | Director - Global Prosperity Key employee | 40 | $186,638 | $46,355 |
| Ann Somers Hogg | Director - Healthcare Research Key employee | 40 | $181,638 | $37,425 |
| Thomas Arnett | Senior Research Fellow Highest-paid employee | 40 | $168,917 | $45,932 |
| Meris Stansbury | Director - Communications Key employee | 40 | $170,340 | $23,839 |
| Mary Knox Miller | Digital Strategist Highest-paid employee | 40 | $129,084 | $43,236 |
| Benjamin Jones | Past Director - Instit. Relations Highest-paid employee | 40 | $130,853 | $40,667 |
| Ruth Hartt | Chief of Staff to the CEO Highest-paid employee | 40 | $123,387 | $6,836 |
| Michael Horn | Chairman Trustee or director, Officer | 20 | $96,000 | $0 |
| Mark Johnson | Clerk Trustee or director, Officer | 1 | $0 | $0 |
| Christine Christensen | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Leo Chang | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ann Christensen | President & CEO Trustee or director, Officer | 40 | $285,302 | $28,710 |
| John Riley | VP - Finance & HR Officer | 40 | $230,623 | $46,646 |
| Julia Freeland Fisher | Director - Education Research Key employee | 40 | $227,625 | $46,540 |
| Efosa Ojomo | Director - Global Prosperity Key employee | 40 | $194,964 | $44,455 |
| Thomas Arnett | Senior Research Fellow Highest-paid employee | 40 | $165,657 | $43,363 |
| Meris Stansbury | Director - Communications Key employee | 40 | $175,248 | $23,041 |
| Ann Somers Hogg | Director - Healthcare Research Key employee | 40 | $164,789 | $9,138 |
| Robert Markle | Research Project Manager Highest-paid employee | 40 | $134,054 | $20,761 |
| Ruth Hartt | Chief of Staff to the CEO Highest-paid employee | 40 | $120,961 | $6,600 |
| Michael Horn | Chairman Trustee or director, Officer | 20 | $96,000 | $0 |
| Mark Johnson | Clerk Trustee or director, Officer | 1 | $0 | $0 |
| Christine Christensen | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Leo Chang | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 49 WINTER ST, NATICK, MA 01760-1018
- Principal officer (990 for 2024)
- Ann Christensen, 49 Winter Street, Natick, MA 017601018
- Signed the 990
- John M Riley, VP - Finance & HR
- Phone
- (781) 325-9558
- Website
- www.christenseninstitute.org
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
The Clayton Christensen Institute enables policymakers, entrepreneurs, and leaders to radically improve entire sectors through rigorous research and community empowerment. Using Disruptive Innovation and other theories developed and taught by Harvard Business School Professor Clayton Christensen, we develop a clearer understanding of how the world works, so we can create meaningful progress in our world.
Program accomplishments
- The Education Research team's mission is to apply theories of disruptive innovation to produce research and recommendations that help transform education systems from their current monolithic, factory-model designs into student-centric systems that allow every learner to realize his or her fullest human potential. The education team publishes or collaborates on research papers, white papers, and case studies. Its staff delivers speeches, presentations, and testimonies; authors blogs and contributed articles published in various news outlets and journals; and is interviewed by various media to educate the public about its research findings. It also maintains its social media channels to further disseminates its research findings to various audiences.Expenses $827,419 · revenue $2,002
- The Global Prosperity Research team's mission is to facilitate and accelerate economic development across the globe by changing the broken conversation about how to alleviate poverty and to provide an actionable framework for generating prosperity. Its research has uncovered that a specific type of innovation, Market-Creating Innovation, creates a domino effect of sustainable economic development. The team aims to provide stakeholders with the tools they need to find, build, and scall these powerful innovations across the globe. Team members disseminate their work through various channels, including books, research papers, blogs, videos, and conferences.Expenses $478,111 · revenue $48,725
- The Institute's Healthcare Research team's mission is to apply the theories of disruptive innovation to identify and promote solutions to the problems confronting healthcare in the United States. The Team's research tackles these seemingly intractable problems, unveils new insights, shapes industry conversations, and shifts mindsets to create healthier futures for all. They use unique frameworks, novel business model compasses, and strategy roadmaps to identify and promote more effective innovation.Expenses $442,028 · revenue $5,000
- The Institute's Executive Education program is designed to train participants in the theory of disruptive innovation and related business theories and to help students apply these theories in real world situations.Expenses $555,354 · revenue $21,038
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0264045
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $1,144,138
- Income (IRS master file)
- $3,378,258
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,378,258 | $3,094,742 | $1,144,138 | IRS |
| 990 | December 2023 | $1,905,388 | $3,487,696 | $996,790 | XML |
| 990 | December 2022 | $4,879,635 | $4,005,000 | $2,551,093 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 26-0264045).
Questions about THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION
- What is the EIN of THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION?
- The employer identification number (EIN) of THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION is 26-0264045.
- Is THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION 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 THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION?
- The 990 for the year ended December 31, 2024 names Ann Christensen.
- Who are the officers and directors of THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION?
- The 990 for the year ended December 31, 2024 lists 14 people; 11 received compensation from the organization, the highest $285,452 (Ann Christensen, President & CEO).
- How much revenue does THE CLAYTON CHRISTENSEN INSTITUTE FOR DISRUPTIVE INNOVATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,378,258, expenses of $3,094,742 and total assets of $1,144,138 at year end.
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