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Charity Math
The 990 read · EIN 53-0206027 · DC · Fiscal year FY ending Sep 2025

Smithsonian Institution

Smithsonian Institution: CEO salary, finances and where donations go

In its own words

“"increase and diffusion of knowledge" is the mission set forth by james smithson.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$960K Lonnie G Bunch III, 0.1% of spending
Revenue
$1.91B 80.2% from donations and grants
Spent
$1.70B 74.7% on programs, as reported
Net assets
$6.51B end of FY ending Sep 2025
Savings
45.9 months of spending, net assets ÷ spending
People
7,334 employees, 100,729 volunteers
Form 990 (FY ending Sep 2025), Parts I, VII, IX, X
01 · Red flags

1 thing to look at.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

low

Business transactions with insiders or their companies

Part IV line 28b answered yes.

Form 990 Part IV, lines 28a–28c; Schedule L Part IV
02 · Where $1 goes · FY ending Sep 2025

Of each dollar it spent, 74.7¢ went to programs, as reported.

The split the charity filed.
74.7¢
Programs, $1.27B
5.5¢
Fundraising, $93.5M
19.8¢
Admin, $336.2M
Form 990 (FY ending Sep 2025), Part IX, line 25
Cost to raise $1
6¢
as reported

For each dollar donated, Smithsonian Institution spent 6¢ on fundraising.

Fundraising ÷ $1.53B contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 35.1% of program spending · $1.4M in grants $445.4M

Education, public programs and exhibitions

Program 2 · 9.9% of program spending $126.1M

Membership

Form 990 (FY ending Sep 2025), Part III
04 · The savings

Net assets: $3.24B to $6.51B in 11 years.

Net assets at each fiscal year end, 2013 to 2025.

Net assets at year end, $ millions
3241
3588
3639
3831
3984
4161
4334
4637
5496
5410
5690
6509
Form 990 history via ProPublicaForm 990 (FY ending Sep 2025)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in FY ending Sep 2025, from the charity and related organizations.

Lonnie G Bunch III
Secretary of the Smithsonian
$960,266
Amy Chen
Chief Investment Officer
$738,911
Meroe Park
Deputy Secretary & COO
$640,049
Carol Leblanc
President, Smithsonian Enterprises
$608,701
Ronald Cortez
Under Sec for Fin/Admin/CFO
$533,297
Stephanie Stebich
Sr Adv to the Under Sec Museums/Culture
$493,192
Melissa Chiu
Dir, Hirshhorn Museum & Sculpture Gar
$478,729
Chase Robinson
Dir, National Museum of Asian Art
$476,187
Form 990 (FY ending Sep 2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Clarksmootconsigli a Joint VentureConstruction$116,566,698
Universal Protection Service LpSecurity$30,127,783
Dell Marketing L PInformation technology$5,290,889
100 Discovery Park De LLCReal estate$5,275,729
Raad Construction Group LLCConstruction$4,470,932
Form 990 (FY ending Sep 2025), Part VII, Section B
06 · Questions

The questions people ask about the Smithsonian Institution.

Short, sourced answers. Each one stands on its own.

How much does the Smithsonian Institution CEO make?

Lonnie G Bunch III, Secretary of the Smithsonian, received $960,266 in reportable compensation in FY ending Sep 2025, 0.1% of Smithsonian Institution's $1.70B in spending.

Form 990 (FY ending Sep 2025), Part VII

What percentage of Smithsonian Institution donations go to programs?

Smithsonian Institution reported 74.7% of FY ending Sep 2025 spending as programs, 5.5% as fundraising and 19.8% as management.

Form 990 (FY ending Sep 2025), Part IX

How much money does Smithsonian Institution have?

Net assets were $6.51B at the end of FY ending Sep 2025, about 45.9 months of spending.

Form 990 (FY ending Sep 2025), Part X

Does Smithsonian Institution have any red flags in its filing?

Its latest Form 990 triggered 1 of our twelve screening rules: business transactions with insiders or their companies. A flag is a prompt for a closer look, not a finding of wrongdoing.

Form 990 (FY ending Sep 2025)
07 · Sources and citing

Every number, traced.

  1. Smithsonian Institution Form 990, FY ending Sep 2025 (IRS e-file)
  2. Smithsonian Institution Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Smithsonian Institution: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/smithsonian-institution/