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The Bridgespan Group

Boston, MA · EIN 31-1625487 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Bridgespan Group reported $91.6 million in revenue and $96.9 million in expenses for calendar year 2024. Of every $100 it spent, $81.97 went to program services, $17.38 to management and general costs and $0.65 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 72.4% of the total. The highest compensation it reported for one person was $717,347 (MANAGING PARTNER). 237 people received more than $100,000 in reportable compensation. Revenue rose 67% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $97M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $92M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
82.0%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
17.4%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.7%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
23.3%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%14.9%
Program service revenue share
Part VIII 2g ÷ 12
72.4%11.9%
Highest reported compensation
Part VII-A, columns D–F
$717,347$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.74%1.49%
People paid over $100,000
Part VII, line 2
2375
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
22.19.2
Independent voting board members
Part VI 1a–1b
11 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$40M expenses · 50.9% of program spending · revenue $36M

Advising philanthropy and impact investors for greater social impactwe help the world's leading donors and philanthropies craft and achieve their vision for a more just and equitable world through the following services: - developing high-impact giving strategies - sourcing and structuring philanthropic investments - designing and realizing special initiatives / projects - structuring and managing philanthropic entities - increasing impact and effectiveness of granteesthrough bridgespan social impact (bsi), a fully-owned subsidiary, we also advise a variety of institutional investors…

$32M expenses · 40.3% of program spending · revenue $28M

Supporting nonprofits and ngos to achieve impact aspirationswe support nonprofits and ngos in two primary ways. First, we offer customized advising, in which we partner closely with a diverse set of nonprofits / ngos and support them on a range of topics and priorities: - strategic clarity - growth and scaling - program strategy and alignment - funding strategy - organizational effectiveness and designsecond, we offer cohort-based advising, in which we offer coaching and capacity-building programs for groups of leadership teams: - leading for impact (lfi): 12-month cohort-based experience…

$7.0M expenses · 8.8% of program spending

Sharing insights to advance sector-wide impactacross our portfolio, we aim to engage social sector leaders in our knowledge work in ways that shape their thinking and behavior, and use our platform to amplify the voices of diverse and proximate leaders. - multiyear initiatives: advance most influential ideas for the social sector towards specific impact objectives through deep, sustained investment - targeted investments: explore promising cross-cutting issues or field-specific topics with discrete investments - foundational knowledge: serve as a go-to source of knowledge and tools to build…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
MANAGING PARTNER
Director/trustee, officer, 50.00 hrs/week
$642,957$0$74,390$717,347
PARTNER, CO-FOUNDER
Director/trustee, 50.00 hrs/week
$587,326$0$73,756$661,082
PARTNER & COO & TREASURER
Officer, 50.00 hrs/week
$464,425$0$77,787$542,212
PARTNER
Key employee, 50.00 hrs/week
$484,142$0$51,934$536,076
PARTNER
Highest compensated employee, 50.00 hrs/week
$444,853$0$79,807$524,660
PARTNER
Highest compensated employee, 50.00 hrs/week
$433,268$0$76,346$509,614
PARTNER
Highest compensated employee, 50.00 hrs/week
$423,844$0$72,712$496,556
PARTNER
Key employee, 50.00 hrs/week
$384,311$0$74,158$458,469

237 people received more than $100,000 in reportable compensation from The Bridgespan Group (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M201920202021202220232024$92M$97M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$92M$97M82.0%$178M$717,347
2023 ⓘ$85M$95M83.6%$172M$513,288
2022 ⓘ$102M$74M83.3%$175M$566,935
2021 ⓘ$95M$62M84.1%$149M$554,219
2020 ⓘ$118M$55M83.3%$115M$560,894
2019 ⓘ$55M$54M85.5%$50M$620,231

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5430
  • Volunteers Part I, line 611

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
CROWE
Consulting
$536,688
BEACON HILL SOLUTIONS GROUP
Staffing
$509,511
NEXT STEP PARTNERS LLC
Career coaching
$339,500
MAVEN RECRUITING GROUP LLC
Staffing
$203,678
BDO USA LLP
Consulting
$171,260

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Private foundation grants it received

17 private foundations reported grants to The Bridgespan Group totaling $15M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Bridgespan Group's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Bridgespan Group, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Massachusetts

Questions people ask

How much of The Bridgespan Group's spending goes to programs?

In calendar year 2024, The Bridgespan Group reported that 82.0% of its $96.9 million in expenses went to program services, 17.4% to management and general and 0.7% to fundraising (Form 990, Part IX).

How much does The Bridgespan Group pay its top executive?

The largest total compensation The Bridgespan Group reported for one person in calendar year 2024 was $717,347, for the role of MANAGING PARTNER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Bridgespan Group get its money?

Of $91.6 million in revenue in calendar year 2024, 23.3% came from contributions and grants and 72.4% from program service revenue (Form 990, Part VIII).

Is The Bridgespan Group a registered charity?

The IRS lists EIN 31-1625487 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513189349311961 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443209349306849 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349306024 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223159349305977 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349319039 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043219349306969 · read the filing

All filings for EIN 31-1625487: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.