Public Charity

National Merit Scholarship Corporation

National Merit Scholarship Corporation is a nonprofit organization categorized as Public Charity based in Evanston, IL. Its most recent IRS filing (2025) reports revenue of $59.1M, expenses of $44.7M, total assets of $160.7M. Imperigo tracks 65 reported grant relationships connected to this organization totaling approximately $7.6M.

EIN: 362307745 Evanston, IL Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$59.1M
Total Expenses$44.7M
Total Assets$160.7M
Grant Records65
Funding Total$7.6M
Filing Years2020–2025

Mission

The mission of National Merit Scholarship Corporation (NMSC) is to recognize and honor the academically talented students of the United States. NMSC accomplishes its mission by conducting nationwide academic scholarship programs. The enduring goals of NMSC's scholarship programs are: to promote a wider and deeper respect for learning in general and for exceptionally talented individuals in particular; to shine a spotlight on brilliant students and encourage the pursuit of academic excellence at all levels of education; and to stimulate increased support from individuals and organizations that wish to sponsor scholarships for outstanding scholastic talent.

Where $100 goes at National Merit Scholarship Corporation

How National Merit Scholarship Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$91 Programs the work itself
$6 Management running the organization
$3 Fundraising raising the next dollar

Inside the $91 for programs

$91
The National Merit Scholarship Program is an academic competition for recognition and scholarships that began in 1955
All program spending · Reported in the filing: 20,076 awards
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Brad R Carson
Past Director Brian P Sinchak
Director Charles F Robinson
Director Colleen M Harsin
Director Curley M Dossman Jr
Past Director David L Stubblefield

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,689,373 22 grants
Education
$2,861,896 40 grants
Unspecified
$59,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $59.1M $44.7M $160.7M
2024 $39.1M $46.2M $159.7M
2023 $44.1M $46.7M $147.2M
2021 $50.2M $47.8M $183.8M
2020 $44.0M $50.3M $147.9M

Between 2020 and 2025, reported annual revenue grew from $44.0M to $59.1M (+34%), with total assets most recently reported at $160.7M.

Interactive year-over-year charts and full filing details available with membership.

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