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Nonprofiteer
← HUDSON INSTITUTE INC

Form 990 for tax year 2023

Filed by HUDSON INSTITUTE INC.

Totals

Total revenue
$24,783,916
Total expenses
$24,891,108
Contributions and grants received
$20,801,938
Grants paid
$0
Program services expenses (Part IX)
$20,274,151
Management and general expenses
$2,694,454
Fundraising expenses
$1,922,503
Program service expenses (Part III)
$20,274,151

Program services were 81.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Sarah May Stern

    Chairman

    Total calculated
    $0
    Hours/week
    8

  • Russell Pennoyer

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Thomas C Barry

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Linden S Blue

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Jack David

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Thomas Donohue

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Richard Emmet

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Shinya Katanozaka

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Jessie Knight Jr

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Laurence C Leeds Jr

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Gilbert Scharf

    Trustee - Until May 2023

    Total calculated
    $0
    Hours/week
    1

  • Margaret Whitehead

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • John P Walters

    President and CEO

    Total calculated
    $628,576
    From this org
    $584,531
    From related orgs
    $0
    Other
    $44,045
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $554,531
    Bonus
    $30,000
    Other
    $0
    Deferred
    $24,250
    Nontaxable benefits
    $19,795
    Filer's total
    $628,576

  • Lewis Libby

    Distinquished Fellow

    Total calculated
    $368,611
    From this org
    $328,295
    From related orgs
    $0
    Other
    $40,316
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $326,295
    Bonus
    $2,000
    Other
    $0
    Deferred
    $26,400
    Nontaxable benefits
    $13,916
    Filer's total
    $368,611

  • Joel Scanlon

    Executive Vice President

    Total calculated
    $338,268
    From this org
    $306,441
    From related orgs
    $0
    Other
    $31,827
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $276,441
    Bonus
    $30,000
    Other
    $0
    Deferred
    $23,542
    Nontaxable benefits
    $8,285
    Filer's total
    $338,268

  • Matthew Hunter

    VP, Strategic Partnerships

    Total calculated
    $293,265
    From this org
    $284,709
    From related orgs
    $0
    Other
    $8,556
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $259,709
    Bonus
    $25,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8,556
    Filer's total
    $293,265

  • Ann Marie Hauser

    VP, Public Affairs

    Total calculated
    $307,796
    From this org
    $276,740
    From related orgs
    $0
    Other
    $31,056
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $271,740
    Bonus
    $5,000
    Other
    $0
    Deferred
    $22,500
    Nontaxable benefits
    $8,556
    Filer's total
    $307,796

  • Daniel McKivergan

    VP, Government Relations

    Total calculated
    $311,132
    From this org
    $268,076
    From related orgs
    $0
    Other
    $43,056
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $263,076
    Bonus
    $5,000
    Other
    $0
    Deferred
    $22,500
    Nontaxable benefits
    $20,556
    Filer's total
    $311,132

  • Steve Corder

    CFO and Treasurer

    Total calculated
    $259,112
    From this org
    $226,459
    From related orgs
    $0
    Other
    $32,653
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $226,459
    Bonus
    $0
    Other
    $0
    Deferred
    $18,609
    Nontaxable benefits
    $14,044
    Filer's total
    $259,112

  • Victoria Miller

    Corporate Secretary

    Total calculated
    $137,674
    From this org
    $119,169
    From related orgs
    $0
    Other
    $18,505
    Hours/week
    50

  • Nicholas Mackey

    Director of Operations

    Total calculated
    $216,182
    From this org
    $184,217
    From related orgs
    $0
    Other
    $31,965
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $174,217
    Bonus
    $10,000
    Other
    $0
    Deferred
    $15,275
    Nontaxable benefits
    $16,690
    Filer's total
    $216,182

  • Walter Russell Mead

    DiDistinguished Fellow

    Total calculated
    $450,042
    From this org
    $415,203
    From related orgs
    $0
    Other
    $34,839
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $365,203
    Bonus
    $50,000
    Other
    $0
    Deferred
    $26,400
    Nontaxable benefits
    $8,439
    Filer's total
    $450,042

  • Bryan Clark

    Senior Fellow and Director

    Total calculated
    $324,110
    From this org
    $294,291
    From related orgs
    $0
    Other
    $29,819
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $287,291
    Bonus
    $7,000
    Other
    $0
    Deferred
    $23,748
    Nontaxable benefits
    $6,071
    Filer's total
    $324,110

  • Arthur Herman

    Senior Fellow

    Total calculated
    $313,114
    From this org
    $276,826
    From related orgs
    $0
    Other
    $36,288
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $276,826
    Bonus
    $0
    Other
    $0
    Deferred
    $22,801
    Nontaxable benefits
    $13,487
    Filer's total
    $313,114

  • Michael Doran

    Senior Fellow and Director

    Total calculated
    $312,269
    From this org
    $263,696
    From related orgs
    $0
    Other
    $48,573
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $263,696
    Bonus
    $0
    Other
    $0
    Deferred
    $21,785
    Nontaxable benefits
    $26,788
    Filer's total
    $312,269

  • Patrick Cronin

    Asia-Pacific Security Chair

    Total calculated
    $286,286
    From this org
    $251,225
    From related orgs
    $0
    Other
    $35,061
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $251,225
    Bonus
    $0
    Other
    $0
    Deferred
    $20,865
    Nontaxable benefits
    $14,196
    Filer's total
    $286,286

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
Charter air travel was provided as a non-cash contribution for business Purpose to the organization.
Part I, Line 7
The compensation committee of the board determines the salary and the amount of any bonus given to the President and CEO each year.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
3 May 2024
IRS schema version
2023v5.0
Source object
202401249349300225

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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