NFP500

#80 of 500 · Arts, Culture & Sport

Smithsonian Institute

EIN 53-0206027 · DC · NTEE A50Z · Form 990, fiscal 2023

A group of museums, education, and research centers established by the U.S. federal government in 1846 with a bequest from James Smithson. Headquartered in Washington, D.C., it operates numerous museums, galleries, the National Zoo, and research centers, maintaining vast collections and conducting scientific, historical, artistic, and cultural research, education, and public exhibition.

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Financials, fiscal 2023

Revenue
$1.88B
Expenses
$1.60B
Total assets
$7.20B
Net assets
$5.69B
Operating margin
14.6%
1-year growth
1.1%
5-year growth (CAGR)
4.0%
Reserve (years of spending)
42.6
Contributions share
87.4%
Programme spending
5.9%
Fundraising cost
0.3%
Executive pay share
0.65%
Employees
7,170
Revenue per employee
$262K
Grants paid
$618K
Years filing
99

NFP Health Score: 79 / 100

Financial 61 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

The increase and diffusion of knowledge.

Revenue history

YearRevenue
2019$1.60B
2020$1.56B
2021$1.80B
2022$1.86B
2023$1.88B