National Geographic Society
- Assets
- $1.7b
- Revenue
- $70.5m
- Investments
- $924.8m
- Employees
- 539
- Location
- Washington, DC
- Founding
- 04/1938
- Data as of
- 12/2020
- EIN
- 53-0193519
Organization Overview
National Geographic Society is located in Washington, DC. The organization was established in 1938. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2021, National Geographic Society employed 539 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Geographic Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, National Geographic Society generated $70.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.5%) each year. All expenses for the organization totaled $145.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, National Geographic Society has awarded 1,147 individual grants totaling $55,870,866. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE SOCIETY SHALL BE TO INCREASE AND DIFFUSE GEOGRAPHIC KNOWLEDGE AND USE THE POWER OF SCIENCE, EXPLORATION, EDUCATION AND STORYTELLING TO ILLUMINATE AND PROTECT THE WONDER OF THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STORYTELLING AND OUTREACH THE STORYTELLING TEAM OVERSEES THE SOCIETY'S GRANT MAKING EFFORTS IN PHOTOGRAPHY, JOURNALISM, FILM, IMMERSIVE MEDIA, PODCASTS AND OTHER MEDIA. ITS PROGRAMS ALSO SUPPORT CAPACITY BUILDING, AMBITIOUS MEDIA PROJECTS FOR IMPACT AND EFFORTS TO AMPLIFY VOICES HISTORICALLY UNDERREPRESENTED IN THE MEDIA. STORYTELLING AND OUTREACH PROGRAM DESCRIPTIONS CONTINUED ON SCH. O.
SCIENCE & INNOVATION THE SCIENCE & INNOVATION TEAM OVERSEES THE SOCIETY'S GRANTMAKING EFFORTS IN SCIENCE, CONSERVATION AND TECHNOLOGY, DEVELOPS AND MANAGES MAJOR MISSION PROGRAMS, AND ESTABLISHES PROGRAMMATIC PARTNERSHIPS WITH LIKE-MINDED NON-GOVERNMENTAL ORGANIZATIONS (NGOS). SCIENCE & INNOVATION PROGRAM DESCRIPTIONS CONTINUED ON SCH. O
NATIONAL GEOGRAPHIC EDUCATION PROGRAMS THE NATIONAL GEOGRAPHIC SOCIETY BELIEVES THAT YOUNG PEOPLE, AND THE EDUCATORS WHO REACH THEM, ARE KEY TO ADDRESSING THE PLANET'S MOST PRESSING PROBLEMS. CONTINUED ON SCH. O EDUCATION PROGRAM DESCRIPTIONS
IN 2021, MISCELLANEOUS PROGRAM ACTIVITY INCLUDED AN IMPACT INVESTING DIRECTIVE, CONTINUING SUSTAINABILITY INITIATIVES, AND A READING ROOM AND LIBRARY OPEN TO THE PUBLIC. CONTINUED ON SCH. O OTHER MISCELLANEOUS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bbc Studios Production Ltd Film Production/editing | 12/30/21 | $2,933,884 |
Digital Velocity Partners Llc It Services/consulting | 12/30/21 | $3,815,736 |
The Avalon Consulting Group Fundraising Consulting | 12/30/21 | $2,821,395 |
The Production Management Group Ltd Fundraising | 12/30/21 | $2,532,987 |
Hickok Cole Architects Inc Architecture | 12/30/21 | $1,834,090 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,353,435 |
| Investment income | $6,739,592 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $14,643,161 |
| Net Rental Income | $2,671,149 |
| Net Gain/Loss on Asset Sales | $23,085,003 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $70,469,785 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $3,621,001 |
| Grants and other assistance to Foreign Orgs/Individuals | $9,861,855 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,986,921 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,665,879 |
| Pension plan accruals and contributions | $1,272,607 |
| Other employee benefits | $7,414,764 |
| Payroll taxes | $3,201,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $510,148 |
| Fees for services: Accounting | $444,281 |
| Fees for services: Lobbying | $1,500 |
| Fees for services: Fundraising | $1,213,565 |
| Fees for services: Investment Management | $11,923,056 |
| Fees for services: Other | $32,444,479 |
| Advertising and promotion | $8,484,998 |
| Office expenses | $2,726,372 |
| Information technology | $599,350 |
| Royalties | $345,515 |
| Occupancy | $2,618,821 |
| Travel | $968,331 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $833,012 |
| Interest | $2,311,833 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,064,371 |
| Insurance | $1,169,351 |
| All other expenses | $0 |
| Total functional expenses | $145,411,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,554,684 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,804,041 |
| Accounts receivable, net | $8,243,186 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $28,571,759 |
| Inventories for sale or use | $268,081 |
| Prepaid expenses and deferred charges | $3,684,325 |
| Investments—publicly traded securities | $590,082,000 |
| Investments—other securities | $924,764,060 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,278,537 |
| Total assets | $1,696,779,808 |
| Accounts payable and accrued expenses | $18,623,515 |
| Grants payable | $6,318,329 |
| Deferred revenue | $2,931,358 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $50,584,097 |
| Other liabilities | $43,421,080 |
| Total liabilities | $121,878,379 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,574,901,429 |
Grants Awarded
Over the last fiscal year, National Geographic Society has awarded $5,367,312 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
Sacramento, CA PURPOSE: Campaign for Nature | $1,200,000 |
APPALACHIAN STATE UNIVERSITY PURPOSE: Perpetual Planet-Mountains Expedition | $581,734 |
University, MS PURPOSE: Education Grant | $240,284 |
Bethesda, MD PURPOSE: Education Grant | $160,000 |
THE PENNSYLVANIA STATE UNIVERSITY PURPOSE: Research Grant | $144,543 |
FLORIDA WILDLIFE CORRIDOR PURPOSE: External Project Funding | $105,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that National Geographic Society has recieved totaling $5,855.
| Awarding Organization | Amount |
|---|---|
Jim Thompson Foundation Dallas, TX PURPOSE: ENVIRONMENT PROTECTION | $2,500 |
Schein Family Foundation Palm Beach Gardens, FL PURPOSE: GENERAL USE | $1,000 |
Edyne & Allen Gordon Foundation Inc Tesuque, NM PURPOSE: GENERAL OPERATIONS | $1,000 |
James F Bell Foundation Minneapolis, MN PURPOSE: GENERAL OPERATIONS | $1,000 |
Jane M & Bruce P Robert Charitable Foundation St Louis, MO PURPOSE: GENERAL CONTRIBUTION | $300 |
J Kent Mcnew Family Foundation Annapolis, MD PURPOSE: FOSTER SCIENTIFIC DISCOVERY AND UNDERSTANDING OF THE WORLD | $35 |
Endowment Analysis
| Beg. Balance | $292,684,914 |
| Earnings | $39,381,597 |
| Admin Expense | $105,424 |
| Net Contributions | $149,936 |
| Other Expense | $878,588 |
| Grants | $7,715,115 |
| Ending Balance | $323,517,320 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Education Association Of The United States Washington, DC | $457,337,223 | $396,836,869 |
Association Of American Medical Colleges Washington, DC | $610,887,289 | $265,885,546 |
National Geographic Society Washington, DC | $1,696,779,808 | $70,469,785 |
Entrepreneurs Organization Alexandria, VA | $61,864,158 | $33,696,911 |
American Council On Education Washington, DC | $87,315,703 | $34,913,177 |
Association For Supervision And Curriculum Development Arlington, VA | $74,879,436 | $26,629,493 |
Propane Education & Research Council Inc Washington, DC | $68,183,417 | $39,056,977 |
National Science Teaching Association Arlington, VA | $24,488,010 | $16,846,179 |
American Society Of Pension Professionals & Actuaries Inc Arlington, VA | $34,260,839 | $23,358,827 |
American Association Of Community Colleges Washington, DC | $17,692,990 | $18,107,472 |
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
National Association Of Independent Schools Inc Washington, DC | $58,850,620 | $18,662,235 |