Nonprofit · EIN 13-1945157
HUDSON INSTITUTE INC
Tax-exempt · WASHINGTON, DC 20004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $67,049,361 | $24,508,480 | $42,540,881 | $130,372,971 | $15,548,033 | $114,824,938 |
| December 31, 2024 | 990 | $22,683,930 | $26,428,239 | -$3,744,309 | $121,069,620 | $18,192,649 | $102,876,971 |
| December 31, 2023 | 990 | $24,783,916 | $24,891,108 | -$107,192 | $117,371,037 | $20,596,984 | $96,774,053 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $24,355,589
- of which government grants
- $667,798
- Program service revenue
- $0
- Investment income
- $43,024,259
- Net gain from sales of assets
- $39,081,710
- Net income from fundraising events
- -$330,487
- Other revenue
- -$330,487
Expenses
- Grants and similar amounts paid
- $483,570
- Compensation of officers, directors and key employees
- $2,916,867
- Other salaries and wages
- $10,773,367
- Salaries, compensation and benefits (total)
- $15,541,377
- Professional fundraising fees
- $180,700
- Legal fees
- $39,470
- Accounting fees
- $168,690
- Occupancy
- $2,590,795
- Travel
- $1,804,601
- Depreciation
- $541,858
- Program services (functional)
- $19,969,674
- Management and general (functional)
- $2,239,258
- Fundraising (functional)
- $2,299,548
Balance sheet and other
- Total assets, start of year
- $121,069,620
- Total assets, end of year
- $130,372,971
- Total liabilities, end of year
- $15,548,033
- Net assets, end of year
- $114,824,938
- Land, buildings and equipment
- $1,994,109
- Publicly traded securities
- $86,528,833
- Net assets without donor restrictions
- $94,241,986
- Net assets with donor restrictions
- $20,582,952
- Gross receipts
- $137,573,214
- Employees
- 87
- Volunteers
- 112
- Year formed
- 1961
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John P Walters | President and CEO Trustee or director, Officer | 40 | $631,113 | $66,795 |
| Walter Russell Mead | DF in Strategy and Statesmanship Highest-paid employee | 40 | $426,695 | $39,296 |
| Joel Scanlon | Executive Vice President Officer | 40 | $379,990 | $43,389 |
| Michael Doran | Senior Fellow and Director Highest-paid employee | 40 | $330,356 | $59,648 |
| Matthew Hunter | Senior Vice President Officer | 40 | $335,088 | $39,044 |
| Bryan Clark | Senior Fellow and Director Highest-paid employee | 40 | $315,723 | $26,495 |
| Patrick Cronin | Asia-Pacific Security Chair Highest-paid employee | 40 | $277,572 | $48,494 |
| Nicholas Mackey | Director of Operations Key employee | 40 | $260,696 | $49,611 |
| Thomas Duesterberg | Senior Fellow Highest-paid employee | 40 | $256,155 | $21,385 |
| Daniel McKivergan | Vice President, Government Relations Officer | 40 | $253,380 | $17,733 |
| Owen Dorney | Vice President, Strategic Partnerships Officer | 40 | $228,918 | $34,384 |
| Ann Marie Hauser | Vice President, Public Affairs Officer | 40 | $197,402 | $8,191 |
| Victoria Miller | Dir of PA, Corporate Secretary Officer | 40 | $175,622 | $23,826 |
| Halina Helenihi | Director of Finance and Accounting Officer | 40 | $120,190 | $5,798 |
| Emily Alcock | Corporate Secretary Officer | 40 | $40,000 | $5,697 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sarah May Stern | Chair Trustee or director, Officer | 8 | $0 |
| Richard Emmet | Vice Chair Trustee or director, Officer | 1 | $0 |
| Russell Pennoyer | Vice Chair Trustee or director, Officer | 1 | $0 |
| Thomas C Barry | Trustee Trustee or director | 1 | $0 |
| Lucy Billingsley | Trustee Trustee or director | 1 | $0 |
| Linden S Blue | Trustee Trustee or director | 1 | $0 |
| Jack David | Senior Fellow and Trustee Trustee or director | 1 | $0 |
| Michael Kassen | Trustee Trustee or director | 1 | $0 |
| Shinya Katanozaka | Trustee Trustee or director | 1 | $0 |
| Laurence C Leeds Jr | Trustee Trustee or director | 1 | $0 |
| Shyam Sankar | Trustee Trustee or director | 1 | $0 |
| Michael L Santini | Trustee Trustee or director | 1 | $0 |
| William H Strong | Trustee Trustee or director | 1 | $0 |
| Leslie D Ware | Trustee Trustee or director | 1 | $0 |
| Margaret Whitehead | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John P Walters | President and CEO Trustee or director, Officer | 40 | $600,353 | $63,381 |
| Walter Russell Mead | Distinguished Fellow Highest-paid employee | 40 | $406,245 | $38,636 |
| Joel Scanlon | Executive Vice President Officer | 40 | $334,570 | $42,858 |
| Michael Doran | Senior Fellow and Director Highest-paid employee | 40 | $283,989 | $60,808 |
| Daniel McKivergan | Vice President, Government Relations Officer | 40 | $276,166 | $57,816 |
| Ann Marie Hauser | Vice President, Public Affairs Officer | 40 | $292,256 | $37,798 |
| Matthew Hunter | Vice President, Strategic Partnerships Officer | 40 | $307,325 | $15,704 |
| Bryan Clark | Senior Fellow and Director Highest-paid employee | 40 | $285,606 | $33,114 |
| Patrick Cronin | Asia-Pacific Security Chair Highest-paid employee | 40 | $265,203 | $47,552 |
| Steven Corder | Chief Financial Officer Officer | 40 | $246,599 | $40,656 |
| Thomas Duesterberg | Senior Fellow Highest-paid employee | 40 | $264,750 | $22,239 |
| Nicholas Mackey | Director of Operations Key employee | 40 | $189,835 | $42,990 |
| Victoria Miller | Corporate Secretary Officer | 40 | $143,986 | $22,453 |
| Sarah May Stern | Chair Trustee or director, Officer | 8 | $0 | $0 |
| Russell Pennoyer | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Thomas C Barry | Trustee Trustee or director | 1 | $0 | $0 |
| Linden S Blue | Trustee Trustee or director | 1 | $0 | $0 |
| Jack David | Senior Fellow and Trustee Trustee or director | 1 | $0 | $0 |
| Thomas J Donohue | Trustee Trustee or director | 1 | $0 | $0 |
| Michael Kassen | Trustee Trustee or director | 1 | $0 | $0 |
| Shinya Katanozaka | Trustee Trustee or director | 1 | $0 | $0 |
| Jessie Knight Jr | Trustee Trustee or director | 1 | $0 | $0 |
| Laurence C Leeds Jr | Trustee Trustee or director | 1 | $0 | $0 |
| Shyam Sankar | Trustee Trustee or director | 1 | $0 | $0 |
| Michael L Santini | Trustee Trustee or director | 1 | $0 | $0 |
| Leslie D Ware | Trustee Trustee or director | 1 | $0 | $0 |
| Margaret Whitehead | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John P Walters | President and CEO Trustee or director, Officer | 50 | $584,531 | $44,045 |
| Walter Russell Mead | DiDistinguished Fellow Highest-paid employee | 50 | $415,203 | $34,839 |
| Lewis Libby | Distinquished Fellow Officer | 50 | $328,295 | $40,316 |
| Joel Scanlon | Executive Vice President Officer | 50 | $306,441 | $31,827 |
| Bryan Clark | Senior Fellow and Director Highest-paid employee | 50 | $294,291 | $29,819 |
| Arthur Herman | Senior Fellow Highest-paid employee | 50 | $276,826 | $36,288 |
| Michael Doran | Senior Fellow and Director Highest-paid employee | 50 | $263,696 | $48,573 |
| Daniel McKivergan | VP, Government Relations Officer | 50 | $268,076 | $43,056 |
| Ann Marie Hauser | VP, Public Affairs Officer | 50 | $276,740 | $31,056 |
| Matthew Hunter | VP, Strategic Partnerships Officer | 50 | $284,709 | $8,556 |
| Patrick Cronin | Asia-Pacific Security Chair Highest-paid employee | 50 | $251,225 | $35,061 |
| Steve Corder | CFO and Treasurer Officer | 50 | $226,459 | $32,653 |
| Nicholas Mackey | Director of Operations Key employee | 50 | $184,217 | $31,965 |
| Victoria Miller | Corporate Secretary Officer | 50 | $119,169 | $18,505 |
| Sarah May Stern | Chairman Trustee or director, Officer | 8 | $0 | $0 |
| Russell Pennoyer | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Thomas C Barry | Trustee Trustee or director | 1 | $0 | $0 |
| Linden S Blue | Trustee Trustee or director | 1 | $0 | $0 |
| Jack David | Trustee Trustee or director | 1 | $0 | $0 |
| Thomas Donohue | Trustee Trustee or director | 1 | $0 | $0 |
| Richard Emmet | Trustee Trustee or director | 1 | $0 | $0 |
| Shinya Katanozaka | Trustee Trustee or director | 1 | $0 | $0 |
| Jessie Knight Jr | Trustee Trustee or director | 1 | $0 | $0 |
| Laurence C Leeds Jr | Trustee Trustee or director | 1 | $0 | $0 |
| Gilbert Scharf | Trustee - Until May 2023 Trustee or director | 1 | $0 | $0 |
| Margaret Whitehead | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 PENNSYLVANIA AVE NW STE 400, WASHINGTON, DC 20004-2453
- Principal officer (990 for 2025)
- John P Walters, 1201 Pennsylvania Avenue NW 400, Washington, DC 20004
- Signed the 990
- John P Walters, President & CEO
- Phone
- (202) 974-2400
- Website
- www.hudson.org
- Return prepared by
- Rogers & Company PLLC
Mission
Hudson Institute is a research organization promoting American leadership for a secure, free, and prosperous future.
Program accomplishments
- To advance research, analysis, and policy solutions on US national security, defense strategy, great power competition with China and Russia, alliances and deterrence, human rights, religious freedom, and American leadership in foreign policy. (For more information, see www.hudson.org.)Expenses $15,776,042 · grants $483,570
- To advance research, dialogue, and policy recommendations on US economic growth, innovation, trade, domestic policy challenges, political institutions, and the intersection of economic strength with national security. (For more information, see www.hudson.org.)Expenses $4,193,632
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1945157
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $130,372,971
- Income (IRS master file)
- $137,573,214
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $67,049,361 | $24,508,480 | $130,372,971 | XML |
| 990 | December 2024 | $22,683,930 | $26,428,239 | $121,069,620 | XML |
| 990 | December 2023 | $24,783,916 | $24,891,108 | $117,371,037 | XML |
| 990 | December 2022 | $25,174,986 | $22,325,841 | $110,726,571 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1945157).
Questions about HUDSON INSTITUTE INC
- What is the EIN of HUDSON INSTITUTE INC?
- The employer identification number (EIN) of HUDSON INSTITUTE INC is 13-1945157.
- Is HUDSON INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to HUDSON INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HUDSON INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HUDSON INSTITUTE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HUDSON INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HUDSON INSTITUTE INC?
- The 990 for the year ended December 31, 2025 names John P Walters.
- Who are the officers and directors of HUDSON INSTITUTE INC?
- The 990 for the year ended December 31, 2025 lists 30 people; 15 received compensation from the organization, the highest $631,113 (John P Walters, President and CEO).
- How much revenue does HUDSON INSTITUTE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $67,049,361, expenses of $24,508,480 and total assets of $130,372,971 at year end.
Other nonprofits in WASHINGTON
- AARP EIN 95-1985500 · last filed 990 for 2024
- RISANT HEALTH INC EIN 92-3467590 · last filed 990 for 2024
- AMERICAN NATIONAL RED CROSS EIN 53-0196605 · last filed 990 for 2025
- GAVI ALLIANCE EIN 98-0593375 · last filed 990 for 2024
- GEORGETOWN UNIVERSITY EIN 53-0196603 · last filed 990 for 2025
- NATIONAL ASSOCIATION OF LETTER CARRIERS EIN 53-0114650 · last filed 990 for 2025
- SMITHSONIAN INSTITUTE EIN 53-0206027 · last filed 990 for 2025
- CHILDRENS HOSPITAL EIN 53-0196580 · last filed 990 for 2025