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Nonprofiteer
← HUDSON INSTITUTE INC

Form 990 for tax year 2024

Filed by HUDSON INSTITUTE INC.

Totals

Total revenue
$22,683,930
Total expenses
$26,428,239
Contributions and grants received
$18,345,282
Grants paid
$0
Program services expenses (Part IX)
$21,573,876
Management and general expenses
$2,333,189
Fundraising expenses
$2,521,174
Program service expenses (Part III)
$21,573,876

Program services were 81.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • John P Walters

    President and CEO

    Total calculated
    $663,734
    From this org
    $600,353
    From related orgs
    $0
    Other
    $63,381
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $555,353
    Bonus
    $45,000
    Other
    $0
    Deferred
    $27,600
    Nontaxable benefits
    $35,781
    Filer's total
    $663,734

  • Joel Scanlon

    Executive Vice President

    Total calculated
    $377,428
    From this org
    $334,570
    From related orgs
    $0
    Other
    $42,858
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $304,570
    Bonus
    $30,000
    Other
    $0
    Deferred
    $27,299
    Nontaxable benefits
    $15,559
    Filer's total
    $377,428

  • Steven Corder

    Chief Financial Officer

    Total calculated
    $287,255
    From this org
    $246,599
    From related orgs
    $0
    Other
    $40,656
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,599
    Bonus
    $10,000
    Other
    $0
    Deferred
    $20,231
    Nontaxable benefits
    $20,425
    Filer's total
    $287,255

  • Ann Marie Hauser

    Vice President, Public Affairs

    Total calculated
    $330,054
    From this org
    $292,256
    From related orgs
    $0
    Other
    $37,798
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,256
    Bonus
    $10,000
    Other
    $0
    Deferred
    $23,777
    Nontaxable benefits
    $14,021
    Filer's total
    $330,054

  • Matthew Hunter

    Vice President, Strategic Partnerships

    Total calculated
    $323,029
    From this org
    $307,325
    From related orgs
    $0
    Other
    $15,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,325
    Bonus
    $25,000
    Other
    $0
    Deferred
    $1,933
    Nontaxable benefits
    $13,771
    Filer's total
    $323,029

  • Daniel McKivergan

    Vice President, Government Relations

    Total calculated
    $333,982
    From this org
    $276,166
    From related orgs
    $0
    Other
    $57,816
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,166
    Bonus
    $5,000
    Other
    $0
    Deferred
    $23,183
    Nontaxable benefits
    $34,633
    Filer's total
    $333,982

  • Nicholas Mackey

    Director of Operations

    Total calculated
    $232,825
    From this org
    $189,835
    From related orgs
    $0
    Other
    $42,990
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,835
    Bonus
    $10,000
    Other
    $0
    Deferred
    $15,923
    Nontaxable benefits
    $27,067
    Filer's total
    $232,825

  • Victoria Miller

    Corporate Secretary

    Total calculated
    $166,439
    From this org
    $143,986
    From related orgs
    $0
    Other
    $22,453
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,986
    Bonus
    $15,000
    Other
    $0
    Deferred
    $11,637
    Nontaxable benefits
    $10,816
    Filer's total
    $166,439

  • Bryan Clark

    Senior Fellow and Director

    Total calculated
    $318,720
    From this org
    $285,606
    From related orgs
    $0
    Other
    $33,114
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $285,606
    Bonus
    $0
    Other
    $0
    Deferred
    $23,100
    Nontaxable benefits
    $10,014
    Filer's total
    $318,720

  • Patrick Cronin

    Asia-Pacific Security Chair

    Total calculated
    $312,755
    From this org
    $265,203
    From related orgs
    $0
    Other
    $47,552
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,203
    Bonus
    $0
    Other
    $0
    Deferred
    $23,100
    Nontaxable benefits
    $24,452
    Filer's total
    $312,755

  • Michael Doran

    Senior Fellow and Director

    Total calculated
    $344,797
    From this org
    $283,989
    From related orgs
    $0
    Other
    $60,808
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $283,989
    Bonus
    $0
    Other
    $0
    Deferred
    $23,457
    Nontaxable benefits
    $37,351
    Filer's total
    $344,797

  • Thomas Duesterberg

    Senior Fellow

    Total calculated
    $286,989
    From this org
    $264,750
    From related orgs
    $0
    Other
    $22,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $264,750
    Bonus
    $0
    Other
    $0
    Deferred
    $21,180
    Nontaxable benefits
    $1,059
    Filer's total
    $286,989

  • Walter Russell Mead

    Distinguished Fellow

    Total calculated
    $444,881
    From this org
    $406,245
    From related orgs
    $0
    Other
    $38,636
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $406,245
    Bonus
    $0
    Other
    $0
    Deferred
    $27,600
    Nontaxable benefits
    $11,036
    Filer's total
    $444,881

  • Sarah May Stern

    Chair

    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

    Senior Fellow and Trustee

    Total calculated
    $0
    Hours/week
    1

  • Thomas J Donohue

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Michael Kassen

    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

  • Shyam Sankar

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Michael L Santini

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Leslie D Ware

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Margaret Whitehead

    Trustee

    Total calculated
    $0
    Hours/week
    1

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
Hudson Institute received charter air travel as a non-cash contribution to support its business operations.
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
2024
Filed
23 June 2025
IRS schema version
2024v5.2
Source object
202541789349300009

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

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