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KHAN ACADEMY INC

MOUNTAIN VIEW, CA · EIN 261544963 · Form 990 · FY2021 · NTEE B99 · Education · Very Large (>$50M) · www.khanacademy.org
revenue
$59.3M
expenses
$53.9M
net assets
$105.8M
employees
229
volunteers
1,400
program ratio
87%
filing since
2020
mission · from form 990

A FREE WORLD-CLASS EDUCATION FOR ANYONE, ANYWHERE.

profile · synthesized from sources

Khan Academy is an educational nonprofit that provides free, world-class online learning resources for students, teachers, and parents. It offers practice exercises, instructional videos, and a personalized learning dashboard to empower learners of all ages.

irs program accomplishments · form 990 part iii · fy2021

what they reported doing

Program narrative the organization filed with the IRS. Ordered by program spending.

  1. #1 primary $7.95M
    CONTENT CREATION AND CURATION: THE KHAN ACADEMY PLATFORM INCLUDES AN EXTENSIVE AND GROWING LIBRARY OF EDUCATIONAL RESOURCES. AT THE END OF 2021, IT CONTAINED APPROXIMATELY 600 COURSES, 14,300 VIDEOS, 93,200 PRACTICE PROBLEMS, AND 5,900 ARTICLES. 13.7 MILLION ACTIVE LEARNERS ACCESSED THIS CONTENT.IN 2021, WE CONTINUED TO DEEPEN AND BROADEN OUR COURSE OFFERINGS IN MATH AND SCIENCE, AND FORGED PARTNERSHIPS TO HELP US CREATE MORE WORLD-CLASS CONTENT (E.G. HOWARD UNIVERSITY, ADOBE, GOOGLE). KHAN ACADEMY'S GOAL IS TO BE THE WORLD'S BEST LEARNING RESOURCE, PROVIDING FREE, RIGOROUS AND, ENGAGING STANDARDS-ALIGNED INSTRUCTIONAL AND PRACTICE CONTENT TO TEACHERS AND LEARNERS IN THE K-12 CLASSROOM ESPECIALLY, BUT ALSO TO ANY INDEPENDENT LEARNER, ANYWHERE.
  2. #2 $7.39M
    AWARENESS AND ADOPTION: WE WILL CONTINUE DEVELOPING PARTNERSHIPS WITH INSTITUTIONS AROUND THE WORLD TO INCREASE AWARENESS ABOUT KHAN ACADEMY AND GROW OUR IMPACT. EXAMPLE PARTNERSHIPS INCLUDE SCHOOL DISTRICTS IN THE US AND IN OTHER MARKETS, INCLUDING INDIA, BRAZIL AND PERU; TEST MAKERS AND CREDENTIALING BODIES LIKE THE LAW SCHOOL ADMISSION COUNCIL, ASSOCIATION OF AMERICAN MEDICAL COLLEGES AND ETS; CORPORATIONS LIKE GOOGLE; AND FOUNDATIONS LIKE THE BILL AND MELINDA GATES FOUNDATION AND THE LEMANN FOUNDATION. BY THE END OF 2021, WE HAD MORE THAN 133 MILLION REGISTERED STUDENTS, TEACHERS, AND PARENTS.
named programs · 6 · from sources

what they call their work

Early Learners Program
Content and resources tailored for young children to build foundational math and reading skills
Khanmigo
AI-powered teaching and tutoring assistant designed to support learners and teachers with personalized guidance
Parent Resources
Guides and tools to help parents support their children's learning on Khan Academy
SAT Prep
Resources and guides for SAT test preparation.
SAT Preparation
Official SAT prep in partnership with College Board, offering free practice tests and personalized study plans
Teacher and Coach Resources
Tools and dashboards for educators to assign content, track student progress, and support classroom learning
activities · 2

what they do

direct service · 2
  • Offers educational content specifically tailored for early learners.
  • User Account Support and Accessibility
    Provides tools and guidance for users to set up accounts, reset passwords, and configure accessibility settings to support diverse needs.
strategies · 2

how they think

Theories of action extracted from this org's own source material. Click any approach shared with other orgs to see the full field.

  • Community-Driven Support Model community-driven support unique to this org
    Khan Academy leverages a peer-supported learning environment where users engage with and assist each other through tips and troubleshooting, enhancing collective understanding and engagement.
  • Educator Integration Support educator support model unique to this org
    Provides structured resources and tools to help educators and coaches effectively incorporate Khan Academy into classroom or learning environments, extending its impact through institutional adoption.
financials · form 990 · fy2021

the money

revenue
Total revenue$59.26M
Contributions & grants$48.69M82%
Program service revenue$9.36M16%
Investment income$1.22M2%
Other revenue$-6K
expenses
Total expenses$53.88M
Program expenses87%
Admin / overhead7%
Fundraising5%
Salaries & benefits$39.38M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$115.04M
Cash$12.95M
Investments$94.20M
Liabilities$9.27M
Net assets$105.76M
Liquid reserves23.9 mo
2 years on record · 2020–2021 · YoY revenue -25.3%
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 14
NameTitleHours/wkCompensation
SALMAN KHAN CHIEF EXECUTIVE OFFICER 40 $882K
GINNY LEE COO (THRU 6/2/2021) 40 $455K
MARTA KOSARCHYN VP OF ENGINEERING 40 $439K
VICKI ZUBOVIC VP OF PHILANTHROPY 40 $403K
CATHERINE WANG VP MARKETING & STRAT. PARTNERSHIP 40 $390K
MICHAEL CHANOVER VP DESIGN 40 $375K
CAROLINE FLEXER CTO. CHIEF ARCHITECT 40 $366K
JULIA COWLES GENERAL COUNSEL AND SECRET 40 $364K
MICHAEL FLEXER VP DESIGN 40 $346K
JOHN RESIG DIRECTOR ENGINEERING 40 $337K
PAUL MORGAN DIRECTOR ENGINEERING 40 $313K
KRISTEN DICERBO CHIEF LEARNING OFFICER 40 $265K
MICHAEL JOHNSON CFO (THRU 5/14/2021) 40 $226K
TINA SACHS TREASURER 40 $194K
board members · 7
  • ANN DOERR — CHAIRMAN
  • CURTIS FEENEY — DIRECTOR
  • JAMES MANYIKA — DIRECTOR
  • LARRY COHEN — DIRECTOR
  • LAURA OVERDECK — DIRECTOR
  • SEAN O'SULLIVAN — DIRECTOR
  • TED MITCHELL — DIRECTOR
relationships · 1

who they work with

  • Khanmigo Partner — Khan Academy offers integrated guidance for signing up and using Khanmigo, an AI-powered learning assistant.