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Smithsonian Institution

Washington, DC · EIN 53-0206027 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Smithsonian Institution reported $1.91 billion in revenue and $1.70 billion in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $74.74 went to program services, $19.76 to management and general costs and $5.50 to fundraising. Its largest source of revenue was contributions and grants: 80.2% of the total. Government grants made up 70.0%. The highest compensation it reported for one person was $1,038,055 (SECRETARY OF THE SMITHSONIAN). 2,436 people received more than $100,000 in reportable compensation. Revenue rose 22% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.70B

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $1.91B

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

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
74.7%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
19.8%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
5.5%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
80.2%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
70.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
5.9%20.8%
Highest reported compensation
Part VII-A, columns D–F
$1,038,055$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.06%2.03%
People paid over $100,000
Part VII, line 2
2,4368
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
45.936.6
Independent voting board members
Part VI 1a–1b
17 of 17100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$700M expenses · 55.0% of program spending · grants $19M · revenue $50M

Research and collections

$445M expenses · 35.0% of program spending · grants $1.4M · revenue $38M

Education, public programs and exhibitions

$126M expenses · 9.9% of program spending · revenue $51M

Membership

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SECRETARY OF THE SMITHSONIAN
Officer, 50.0 hrs/week
$960,266$0$77,789$1,038,055
CHIEF INVESTMENT OFFICER
Key employee, 50.0 hrs/week
$738,911$0$52,240$791,151
DEPUTY SECRETARY & COO
Officer, 50.0 hrs/week
$640,049$0$52,002$692,051
PRESIDENT, SMITHSONIAN ENTERPRISES
Key employee, 50.0 hrs/week
$608,701$0$23,989$632,690
UNDER SEC FOR FIN/ADMIN/CFO
Officer, 50.0 hrs/week
$533,297$0$80,076$613,373
ASSISTANT SECRETARY FOR ADVANCEMENT
Key employee, 50.0 hrs/week
$462,163$0$93,933$556,096
DIR, HIRSHHORN MUSEUM & SCULPTURE GAR
Highest compensated employee, 50.0 hrs/week
$478,729$0$76,925$555,654
SR ADV TO THE UNDER SEC MUSEUMS/CULTURE
Highest compensated employee, 50.0 hrs/week
$493,192$0$52,658$545,850

2,436 people received more than $100,000 in reportable compensation from Smithsonian Institution (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.7M (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$500M$1.00B$1.50B$2.00BFY2020FY2021FY2022FY2023FY2024FY2025$1.91B$1.70B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$1.91B$1.70B74.7%$6.51B$1,038,055
FY2024 ⓘ$1.96B$1.68B76.0%$6.13B$1,198,017
FY2023 ⓘ$1.88B$1.60B75.5%$5.69B$1,157,312
FY2022 ⓘ$1.86B$1.49B79.1%$5.41B$825,050
FY2021 ⓘ$1.80B$1.42B68.2%$5.50B$790,467
FY2020 ⓘ$1.56B$1.39B70.3%$4.64B$920,976

Governance answers, as filed

FY2025 · 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–1b17 · 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 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 57,334
  • Volunteers Part I, line 6100,729

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CLARKSMOOTCONSIGLI A JOINT VENTURE
Construction
$116,566,698
UNIVERSAL PROTECTION SERVICE LP
Security
$30,127,783
DELL MARKETING L P
Information technology
$5,290,889
100 DISCOVERY PARK DE LLC
Real estate
$5,275,729
RAAD CONSTRUCTION GROUP LLC
Construction
$4,470,932

Individuals listed as contractors are left out. 166 contractors were paid more than $100,000 in all.

Private foundation grants it received

206 private foundations reported grants to Smithsonian Institution totaling $99M 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 Smithsonian Institution's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Smithsonian Institution, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in District of Columbia

Questions people ask

How much of Smithsonian Institution's spending goes to programs?

In the fiscal year ending September 30, 2025, Smithsonian Institution reported that 74.7% of its $1.70 billion in expenses went to program services, 19.8% to management and general and 5.5% to fundraising (Form 990, Part IX).

How much does Smithsonian Institution pay its top executive?

The largest total compensation Smithsonian Institution reported for one person in the fiscal year ending September 30, 2025 was $1,038,055, for the role of SECRETARY OF THE SMITHSONIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Smithsonian Institution get its money?

Of $1.91 billion in revenue in the fiscal year ending September 30, 2025, 80.2% came from contributions and grants (including 70.0% from government grants) and 5.9% from program service revenue (Form 990, Part VIII).

Is Smithsonian Institution a registered charity?

The IRS lists EIN 53-0206027 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

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202602239349300630 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542239349300544 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442289349302354 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302269349301205 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202249349301675 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112229349300116 · read the filing

All filings for EIN 53-0206027: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.