United States Naval Institute
United States Naval Institute reported $11.0 million in revenue and $10.7 million in expenses for calendar year 2024. Of every $100 it spent, $60.69 went to program services, $39.31 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 37.3% of the total. The highest compensation it reported for one person was $387,646 (CEO, PUBLISHER, DIR). 19 people received more than $100,000 in reportable compensation. Revenue fell 15% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 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 $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 60.7% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 39.3% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 30.4% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 37.3% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $387,646 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.62% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 19 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.8 | 6.8 |
| Independent voting board members Part VI 1a–1b | 17 of 18 | 100.0% |
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 expensePublishing costs:includes costs of producing proceedings which is an independent, open forum for articles from naval professionals and civilian contributors featuring current professional topics and issues. Also, naval history magazine showcases historical topics with focus on the sea services. Additionally, the Naval Institute press, which is the book-publishing arm of the Naval Institute publishes about seventy titles each year, ranging from books on navigation to battle histories, United States Naval academy textbooks and reference books, biographies, ship and aircraft guides, and novels
Conference expenses:the institute provides for various seminars and meetings throughout its fiscal year on current and historical topics. These meetings offer a concentrated opportunity for the exchange of ideas and discussion of key naval issues among naval professionals andothers
Special projects:represent various projects undertaken to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO, PUBLISHER, DIR Director/trustee, officer, 30.00 hrs/week | $362,246 | $0 | $25,400 | $387,646 |
| CFO, TREASURER Officer, 32.00 hrs/week | $213,623 | $0 | $35,235 | $248,858 |
| EVP PERIODIC, MEMBERS, MAR Highest compensated employee, 40.00 hrs/week | $214,330 | $0 | $9,670 | $224,000 |
| EVP DEVELOPMENT Highest compensated employee, 5.00 hrs/week | $211,267 | $0 | $10,395 | $221,662 |
| EVP CONFERENCES & EVENTS Highest compensated employee, 40.00 hrs/week | $194,897 | $0 | $23,142 | $218,039 |
| DIRECTOR, NAVAL INSTITUTE Highest compensated employee, 40.00 hrs/week | $171,386 | $0 | $22,015 | $193,401 |
| FORMER CEO, CONSULTANT Highest compensated employee, 6.00 hrs/week | $165,239 | $0 | $94 | $165,333 |
19 people received more than $100,000 in reportable compensation from United States Naval Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $490K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b18 · 17 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 14bNo
- Employees Part I, line 575
- Volunteers Part I, line 625
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| BOOKS INTERNATIONAL INC Book warehousing & fulfillment | $556,095 |
| SHERIDAN KENTUCKY Book printing | $377,334 |
| LSC COMMUNICATIONS LLC Periodical printing & shipping | $306,456 |
| UNLEASHED TECHNOLOGIES LLC It services | $279,011 |
| BLANK ROME LLP Legal services | $200,698 |
Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to United States Naval Institute totaling $161K 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 United States Naval Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for United States Naval Institute, you can publish a response that is linked from this page.
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Of every $100 United States Naval Institute spent in 2024, $60.69 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of United States Naval Institute's spending goes to programs?
In calendar year 2024, United States Naval Institute reported that 60.7% of its $10.7 million in expenses went to program services, 39.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does United States Naval Institute pay its top executive?
The largest total compensation United States Naval Institute reported for one person in calendar year 2024 was $387,646, for the role of CEO, PUBLISHER, DIR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does United States Naval Institute get its money?
Of $11.0 million in revenue in calendar year 2024, 30.4% came from contributions and grants and 37.3% from program service revenue (Form 990, Part VIII).
Is United States Naval Institute a registered charity?
The IRS lists EIN 52-0643040 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202533159349304778 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403179349308655 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349305253 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349305007 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123189349300657 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003219349309825 · read the filing
All filings for EIN 52-0643040: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.