Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1924.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
79 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
48 people listed on the 990-T; $9.4M paid to officers and key staff.
Lonnie G Bunch III’s $960K as Secretary of the Smithsonian is at the 68th percentile of top reported officer pay among 53 $100M+ arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Amy Chen | $738,911 | $1,147,877 | $1,110,792 | $778,762 | $673,679 | $662,776 |
| Lonnie G Bunch III | $960,266 | — | — | — | — | — |
| Mr Lonnie G Bunch III | — | $915,469 | $861,379 | $738,754 | $726,156 | $857,930 |
| Jeffrey Smith | $449,717 | $699,892 | $680,092 | $422,679 | $615,259 | $479,016 |
| Michael Giovenco | — | $647,978 | $625,494 | — | $530,390 | $404,477 |
| Meroe Park | $640,049 | $613,661 | $580,769 | $528,377 | $448,911 | — |
| Ryan Dotson | — | $573,416 | $612,491 | — | $472,123 | — |
| Carol Leblanc | $608,701 | $530,461 | $387,874 | $353,673 | $501,299 | $448,874 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Operates world-class museums, research complexes, and national educational programs to preserve heritage and share knowledge globally.
Questions for Smithsonian Institution
Your first name shows with your question. Smithsonian Institution answers here, for everyone.
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Education, public programs and exhibitions (see schedule o)
Research and collections (see schedule o)
Membership (see schedule o)
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990-T, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.9B | $1.7B | $210.1M | $6.5B | 990 PDF |
| FY2024 | $2.0B | $1.7B | $276.5M | $6.1B | 990 PDF |
| FY2023 | $1.9B | $1.6B | $274.7M | $5.7B | 990 PDF |
| FY2022 Viewing | $1.9B | $1.5B | $368.3M | $5.4B | 990 PDF |
| FY2021 | $1.8B | $1.4B | $388.6M | $5.5B | 990 PDF |
| FY2020 | $1.6B | $1.4B | $167.6M | $4.6B | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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