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Smithsonian Institution

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 530206027 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Smithsonian Institution?

The Smithsonian Institution, located at 1000 Jefferson Drive SW in Washington, D.C., is a renowned nonprofit organization dedicated to the dissemination of knowledge. Founded by James Smithson, its mission is to increase and spread knowledge. The Smithsonian carries out this purpose through various means such as public programs, exhibitions, and education. With a staff of 6834 employees, they work tirelessly to preserve history, discover new insights, and make their resources accessible to the global community.


Official website here: www.si.edu

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)

The Smithsonian Institution has received an impressive Four-Star rating from Charity Navigator, with a perfect score of 100% in Accountability & Finance. This rating highlights the organization’s strong governance practices, including a fully independent board and robust financial oversight, ensuring transparency and responsible management of resources.

Among its notable strengths, the Smithsonian displays a high program expense ratio of 71.58%, indicating that a significant portion of its funds is directed towards its programs and services. Additionally, the institution has established comprehensive policies, such as conflict of interest and whistleblower protections, which reinforce its commitment to ethical practices and accountability.

Despite its strong performance metrics, it is essential for potential donors and stakeholders to remain aware that maintaining such high standards requires ongoing vigilance and commitment. Overall, the Smithsonian Institution exemplifies a well-managed nonprofit organization dedicated to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Smithsonian Institution legitimate?

Smithsonian Institution is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smithsonian Institution submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $10,486,193
Professional Fundraising Fees: $1,783,493
Other Salaries and Wages: $589,964,626

For more financial information, click here


Official website here: www.si.edu

What is the mission statement of Smithsonian Institution?

The Smithsonian Institution is driven by the mission to expand the horizon of knowledge. This vision was laid out by its founder, James Smithson. The institution strives to shape the future by safeguarding the past, unearthing new knowledge, and disseminating this valuable information to the global community. Through various means such as education, public programs, and exhibitions, the Smithsonian Institution makes knowledge accessible and engaging for all. By preserving the heritage of the past, exploring the mysteries of the present, and sharing resources generously, the Smithsonian Institution continues to make significant contributions to the world.


Official website here: www.si.edu

What is the revenue of Smithsonian Institution?

Smithsonian Institution's revenue in 2023 was $1,876,542,577.


Official website here: www.si.edu

Who are the executives of Smithsonian Institution and what are their salaries?

The average compensation at Smithsonian Institution during 2023 was $83,745. There are 7170 employees and 82471 volunteers at Smithsonian Institution.

Here are 47 key members and their salaries:


Honorable John G Roberts Jr (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Kamala D Harris (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable John Boozman (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Catherine Cortez Masto (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Doris Matsui (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Adrian Smith (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Barbara M Barrett (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Steve Case (Regent (Until 04/25/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr John Fahey (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Roger W Ferguson Jr (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Micheal Govan (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Risa J Lavizzo-Mourey (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Michael M Lynton (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Denise M O'Leary (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Franklin D Raines (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Gary Peters (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Garret Graves (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Toni Bush (Regent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Lonnie G Bunch Iii (Secretary Of The Smithsonian)
  • Compensation: $861,379
  • Related: $0
  • Other: $68,391
Meroe Park (Deputy Secretary & Coo)
  • Compensation: $580,769
  • Related: $0
  • Other: $46,288
Ronald Cortez (Under Sec For Fin/Admin & Cfo)
  • Compensation: $417,084
  • Related: $0
  • Other: $70,316
Judith Leonard (General Counsel)
  • Compensation: $286,288
  • Related: $0
  • Other: $51,035
Porter Wilkinson (Chief Of Staff To The Regents)
  • Compensation: $251,361
  • Related: $0
  • Other: $34,961
Cathy Helm (Inspector General)
  • Compensation: $233,481
  • Related: $0
  • Other: $24,631
Farleigh Earhart (General Counsel (Acting))
  • Compensation: $209,443
  • Related: $0
  • Other: $24,413
Joan Mockeridge (Inspector General (Acting))
  • Compensation: $197,538
  • Related: $0
  • Other: $34,296
Amy Chen (Chief Investment Officer)
  • Compensation: $1,110,792
  • Related: $0
  • Other: $46,520
Nancy Bechtol (Director, Smithsonian Facilities)
  • Compensation: $215,593
  • Related: $0
  • Other: $29,419
Robert Spiller (Assistant Secretary For Advancement)
  • Compensation: $427,363
  • Related: $0
  • Other: $82,713
Ellen Stofan (Under Sec For Science & Research)
  • Compensation: $422,915
  • Related: $0
  • Other: $66,402
Kevin Gover (Under Sec For History & Culture)
  • Compensation: $422,643
  • Related: $0
  • Other: $70,188
Carol Leblanc (President, Smithsonian Enterprises)
  • Compensation: $387,874
  • Related: $0
  • Other: $44,500
Julissa Marenco (Asst Sec. For Comm/Ext Affairs & Cmo)
  • Compensation: $273,141
  • Related: $0
  • Other: $64,595
Janice Lambert (Chief Financial Officer)
  • Compensation: $247,796
  • Related: $0
  • Other: $39,672
Jeffrey Smith (Investment Officer)
  • Compensation: $680,092
  • Related: $0
  • Other: $77,914
Michael Giovenco (Investment Officer)
  • Compensation: $625,494
  • Related: $0
  • Other: $47,991
Ryan Dotson (Investment Officer)
  • Compensation: $612,491
  • Related: $0
  • Other: $72,870
Joshua Tewksbury (Director, Stri)
  • Compensation: $455,421
  • Related: $0
  • Other: $54,363
Melissa Chiu (Dir, Hirshhorn Museum & Sculpture Garden)
  • Compensation: $435,857
  • Related: $0
  • Other: $79,902
Richard Kurin Thru 93019 (Fmr, Act Under Sec Museums & Research/Provost)
  • Compensation: $365,033
  • Related: $0
  • Other: $68,429
Era Marshall Thru 93018 (Fmr, Dir Of Equal Employment & Minority Affairs)
  • Compensation: $241,693
  • Related: $0
  • Other: $21,154
Zully Dorr Thru 093019 (Fmr, Acting Asst Sec. For Advancement)
  • Compensation: $231,070
  • Related: $0
  • Other: $55,660
Deron Burba (Fmr, Chief Information Officer)
  • Compensation: $219,176
  • Related: $0
  • Other: $60,497
John Lapiana Thru 93018 (Fmr, Acting Asst Sec. For Comm/Ext Affairs)
  • Compensation: $213,882
  • Related: $0
  • Other: $40,566
Douglas Hall (Fmr, Acting Under Sec. For Administration)
  • Compensation: $197,469
  • Related: $0
  • Other: $34,432
Charles Alcock Thru 123120 (Fmr Dir, Harvard-Smithsonian Center Astrophys)
  • Compensation: $176,004
  • Related: $0
  • Other: $22,269
Roger Brissenden Thru 31321 (Fmr, Acting Under Sec. For Sci & Rsch)
  • Compensation: $299,111
  • Related: $0
  • Other: $2,618


Official website here: www.si.edu

Where can I find the form 990 for Smithsonian Institution?

Smithsonian Institution's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.si.edu

Learn more at the official website: www.si.edu

Mission Statement of Smithsonian Institution

The Smithsonian Institution, founded on the mission set forth by James Smithson, is committed to increasing and diffusing knowledge. This esteemed organization strives to shape the future by preserving our heritage, discovering new knowledge, and sharing its resources with the world.

With a deep-rooted dedication to education, the Smithsonian designs and executes various public programs and exhibitions, showcasing its vast collections and fostering a thirst for learning among its visitors (refer to schedule for specific details). By preserving the past and exploring the unknown, the Smithsonian aims to enrich the human experience and inspire innovation.

In pursuit of knowledge, the Smithsonian Institution invests significant resources in research and discovery. Its experts delve into various fields, from archaeology and natural sciences to art and history, shedding light on new findings and expanding our collective understanding of the world. By sharing these discoveries with the public, the Smithsonian fosters a global community of learners, passionate about the wonders of our world and the potential for continued discovery.

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Impact




October, 2024

The Smithsonian Institution significantly impacts society by advancing education, preserving cultural heritage, and fostering public engagement through its vast array of educational programs and exhibitions. Its mission, grounded in the vision of James Smithson to "increase and diffusion of knowledge," drives efforts to explore and share new discoveries while providing a platform for understanding our collective history. Located in Washington, DC, the Smithsonian attracts millions of visitors each year, enriching their knowledge and appreciation of the arts and sciences. By shaping the future through the preservation of heritage and the exploration of new knowledge, the Smithsonian serves as a vital resource that connects individuals and communities with a deeper understanding of their world.




This information is meant to be a general summary of Smithsonian Institution. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,876,542,577 (2023)
Expenses
$1,601,797,046 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $24,167,850
  • Program Service Revenue: $110,685,734
  • Gross Receipts: $2,543,602,913

Assets and Liabilities:

  • Total Assets: $6,953,060,016
  • Total Liabilities: $1,542,889,062
  • Net Assets: $5,410,170,954

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

VISITORS/MEMBERS/EMPLO

Revenue

$57,117,600

SUBSCRIPTIONS-MAGAZINE

Revenue

$29,038,449

TOURS/CLASSES

Revenue

$21,342,923

TRAVELING EXHIBITIONS

Revenue

$1,666,789

THEATER INCOME

Revenue

$103,936

Organization Details

Founding Year

1846

Principal Officer

Lonnie G Bunch Iii

Main Address

1000 JEFFERSON DRIVE SW, WASHINGTON, DC, 20560

Website

www.si.edu

NTEE Category

Code: A50Z - Arts

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