The Clayton Christensen Institute For Disruptive Innovation
- Assets
- $2.6m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 18
- Location
- Natick, MA
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 26-0264045
Organization Overview
The Clayton Christensen Institute For Disruptive Innovation, operating under the name Clayton Christensen Institute, is located in Natick, MA. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Clayton Christensen Institute employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clayton Christensen Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Clayton Christensen Institute generated $4.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. While expenses have increased by 6.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO APPLY HARVARD BUSINESS SCHOOL PROFESSOR CLAYTON CHRISTENSEN'S THEORIES OF DISRUPTIVE INNOVATION TO DEVELOP AND PROMOTE SOLUTIONS TO THE MOST VEXING PROBLEMS IN THE SOCIAL SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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 WORD SITUATIONS. THE INSTITUTE'S EXTERNAL RELATIONS TEAM WORKS WITH THE INSTITUTE'S RESEARCHERS ACROSS ALL RESEARCH AREAS, ASSISTING THEM WITH PLANNING AND STRUCTURING RESEARCH PROJECTS; EDITING AND PUBLISHING ARTICLES, BLOGS, PAPERS, AND OTHER PUBLICATIONS; AND ENSURING THAT THE INSTITUTE'S WORKS RECEIVES MAXIMUM EXPOSURE IN VARIOUS MEDIA AND SOCIAL MEDIA OUTLETS.
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.
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 EMERGING RESEARCH TEAM'S MISSION IS TO IDENTIFY OTHER SECTORS TO APPLY THE THEORIES OF DISRUPTIVE INNOVATION AND TO DEVELOP THOSE INTO FIELDS OF RESEARCH FOR THE INSTITUTE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Christensen President & CEO | OfficerTrustee | 40 | $285,302 |
Michael Horn Chairman | OfficerTrustee | 20 | $163,000 |
Mark Johnson Clerk | OfficerTrustee | 1 | $0 |
Christine Christensen Treasurer | OfficerTrustee | 1 | $0 |
Tom Armstrong Past Treasurer | OfficerTrustee | 1 | $0 |
John Riley VP - Finance & Hr | Officer | 40 | $219,330 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Generation Schools Network Inc Educational Research | 12/30/22 | $296,375 |
Horn-ed Llc Educational Research | 12/30/22 | $163,000 |
American Institutes For Research Educational Research | 12/30/22 | $221,878 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $419,290 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,284,334 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,703,624 |
| Total Program Service Revenue | $169,317 |
| Investment income | $6,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,879,635 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,449,405 |
| Compensation of current officers, directors, key employees. | $300,566 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,144,268 |
| Pension plan accruals and contributions | $57,569 |
| Other employee benefits | $202,606 |
| Payroll taxes | $153,616 |
| Fees for services: Management | $77,354 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,256 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159,272 |
| Advertising and promotion | $12,599 |
| Office expenses | $14,754 |
| Information technology | $61,062 |
| Royalties | $0 |
| Occupancy | $26,000 |
| Travel | $45,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,115 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,816 |
| Insurance | $3,515 |
| All other expenses | $0 |
| Total functional expenses | $4,005,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,080 |
| Savings and temporary cash investments | $2,386,240 |
| Pledges and grants receivable | $66,016 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,234 |
| Net Land, buildings, and equipment | $3,523 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,551,093 |
| Accounts payable and accrued expenses | $243,407 |
| Grants payable | $0 |
| Deferred revenue | $50,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $293,407 |
| Net assets without donor restrictions | $1,463,636 |
| Net assets with donor restrictions | $794,050 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,551,093 |