Smithsonian Institute

Organization Overview

Smithsonian Institute is located in Washington, DC. The organization was established in 1924. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Smithsonian Institute employed 6,829 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smithsonian Institute 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 09/2020, Smithsonian Institute generated $1.6b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.4b during the year ending 09/2020. While expenses have increased by 1.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Smithsonian Institute has awarded 79 individual grants totaling $1,794,967. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

"INCREASE AND DIFFUSION OF KNOWLEDGE" IS THE MISSION SET FORTH BY JAMES SMITHSON.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION, PUBLIC PROGRAMS AND EXHIBITIONS (SEE SCHEDULE O)


RESEARCH AND COLLECTIONS (SEE SCHEDULE O)


MEMBERSHIP (SEE SCHEDULE O)


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Clarksmootconsigli A Joint Venture
Construction
$94,129,726
Universal Protection Service Lp
Security
$15,447,446
Tc Pennsy Drive Llc
Real Estate
$8,599,481
100 Discovery Park De Llc
Real Estate
$5,355,337
Huang-cfm Joint Venture 5601n General
Construction
$4,452,145
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,308,610,079
Investment income $12,136,585
Tax Exempt Bond Proceeds $0
Royalties $16,839,860
Net Rental Income $4,209,900
Net Gain/Loss on Asset Sales $126,794,238
Net Income from Fundraising Events -$1,983,062
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $16,465,002
Miscellaneous Revenue$0
Total Revenue $1,561,599,985

Grants Awarded

Over the last fiscal year, Smithsonian Institute has awarded $234,535 in support to 12 organizations.

Grant RecipientAmount

OLD DOMINION UNIVERSITY

PURPOSE: ACADEMIC APPT. STIPENDS

$55,000

QUEENS COLLEGE FOUNDATION INC

Org PageRecipient Profile

Flushing, NY

PURPOSE: ACADEMIC APPT. STIPENDS

$35,000

OHIO STATE UNIV RESEARCH FDN

Org PageRecipient Profile

Columbus, OH

PURPOSE: ACADEMIC APPT. STIPENDS

$27,550

UNIVERSITY OF MARYLAND AT COLL

PURPOSE: ACADEMIC APPT. STIPENDS

$27,351

CALDWELL COUNTY SCHOOLS

PURPOSE: ACADEMIC APPT. STIPENDS

$20,950

MARLBORO COUNTY SCHOOL DISTRIC

PURPOSE: ACADEMIC APPT. STIPENDS

$15,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Smithsonian Institute has recieved totaling $70,614.

Awarding OrganizationAmount
Millennium Evergreen Charitable Fund

Owings Mills, MD

PURPOSE: GENERAL SUPPORT

$50,000
The Foundation For Enhancing Communities

Harrisburg, PA

PURPOSE: TO BE USED FOR GENERAL SUPPORT

$15,604
The Robert L James And Anne K James Foundation

Albany, NY

PURPOSE: GENERAL CHARITABLE PURPOSES

$5,000
Lois A Kania Charitable Foundation Ltd

Green Bay, WI

PURPOSE: TO SUPPORT GENERAL OPERATIONS

$10
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,937,754,681
Earnings$626,775,984
Admin Expense$3,047,189
Net Contributions$50,779,878
Other Expense$79,750,157
Ending Balance$2,532,513,197

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