Mission
PROVIDE AN INDEPENDENT FORUM FOR THOSE WHO DARE TO READ, THINK, SPEAK, AND WRITE TO ADVANCE THE PROFESSIONAL, LITERARY, AND SCIENTIFIC UNDERSTANDING OF SEA POWER AND OTHER ISSUES CRITICAL TO GLOBAL SECURITY.
Public Charity
UNITED STATES NAVAL INSTITUTE
UNITED STATES NAVAL INSTITUTE is a Public Charity headquartered in ANNAPOLIS, MD. Financial data from the 2024 filing: $11.0M revenue, $10.7M expenses, $7.8M total assets. 49 publicly reported grants to this organization, totaling roughly $69.5M, appear in IRS filings.
EIN: 520643040
ANNAPOLIS, MD
Latest filing: 2024
Total Revenue$11.0M
Total Expenses$10.7M
Total Assets$7.8M
Grant Records49
Funding Total$69.5M
Filing Years2019–2024
Where $100 goes at United States Naval Institute
How United States Naval Institute divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$61
Programs
the work itself
$39
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $61 for programs
$44
Publishing costs:includes costs of producing proceedings which is an independent, open forum for articles from naval professionals and civilian contributors featuring current professional topics and issues
$10
Conference expenses:the institute provides for various seminars and meetings throughout its fiscal year on current and historical topics
$5
Royalties
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
TO ADVANCE PROFESSIONAL, LITERARY, AND SCIENTIFIC UNDERSTANDING OF SEA POWER.
$3,984,117
TO ADVANCE PROFESSIONAL, LITERARY, AND SCIENTIFIC UNDERSTANDING OF SEA POWER.
$3,267,311
PUBLIC, SOCIETAL BENEFIT
$153,400
MEDICAL / PUBLIC SERVICES
$105,000
UNRESTRICTED GENERAL SUPPORT
$100,000
Showing up to 5 of 49 total records — full history available with membership.
Officers & Directors
DIRECTOR, NAVAL INSTITUTE
Adam Kane
EVP CONFERENCES & EVENTS
April Parreco
DIRECTOR
Calvin Cass Jr
DIRECTOR
Charles A Richard
DIRECTOR
Charles Bolden
DIRECTOR
Christine Fox
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $11.0M | $10.7M | $7.8M |
| 2023 | $9.1M | $10.6M | $7.0M |
| 2022 | $10.6M | $10.5M | $37.5M |
| 2020 | $24.4M | $8.2M | $27.7M |
| 2019 | $12.9M | $10.3M | $8.8M |
Between 2019 and 2024, reported annual revenue declined from $12.9M to $11.0M (-15%), with total assets most recently reported at $7.8M.
Interactive year-over-year charts and full filing details available with membership.