NATIONAL ACADEMY OF SCIENCES

EIN: 530196932 501(c)(3) Science & Technology

WASHINGTON, DC

Total Revenue
$324,567,142
Total Expenses
$364,349,582
Total Assets
$1,561,553,741
Net Assets
$1,296,617,805
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1863
Legal Domicile
DC
Principal Officer
MARCIA MCNUTT
Phone
2023343003
Tax Period
2023-01-01 to 2023-12-31

NATIONAL ACADEMY OF SCIENCES, founded in 1863, is a major nonprofit in the Science & Technology sector that reported $324.6M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $364.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE NATIONAL ACADEMY OF SCIENCES (NAS OR THE ACADEMY) IS DEDICATED TO THE FURTHERANCE OF SCIENCE AND ITS USE FOR THE GENERAL WELFARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $274,904,240
Program Service Revenue $9,200,986
Investment Income $37,442,486
Other Revenue $3,019,430
TOTAL REVENUE $324,567,142

Expense Breakdown

Grants Paid $67,552,609
Salaries & Benefits $162,581,476
Fundraising Expenses $4,072,701
Program Expenses $287,002,645
Other Expenses $134,176,133
TOTAL EXPENSES $364,349,582

Year-over-Year Comparison

2023 2022 Change
Revenue $324,567,142 $279,925,416 +0.2%
Expenses $364,349,582 $342,729,113 +0.1%
Net Income $-39,782,440 $-62,803,697 -0.4%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
11
Employees
1382
Volunteers
4230

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
12
$5,036,079
Total Directors
21
$1,160,751
Key Employees
4
$1,498,393
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCIA MCNUTT PRESIDENT 37.50
Officer Director
$1,061,843 $87,658 $1,149,501
DIANE E GRIFFIN VICE PRESIDENT 19.00
Officer Director
$0 $0 $0
NANCY C ANDREWS NAS COUNCIL MEM/HOME SEC(BEG 7/1/23) 19.00
Officer Director
$0 $0 $0
SUSAN R WESSLER HOME SECRETARY (END 6/30/23) 19.00
Officer Director
$0 $0 $0
JOHN G HILDEBRAND INTERNATIONAL SECRETARY 19.00
Officer Director
$0 $0 $0
WILLIAM H PRESS TREASURER 19.00
Officer Director
$0 $0 $0
HUDA AKIL NAS COUNCIL MEMBER 4.00
Director
$11,250 $0 $11,250
JOHN C BOOTHROYD NAS COUNCIL MEMBER 4.00
Director
$0 $0 $0
RUTH S DEFRIES NAS COUNCIL MEMBER (END 6/30/23) 4.00
Director
$0 $0 $0
JOSEPH S FRANCISCO NAS COUNCIL MEMBER (END 6/30/23) 4.00
Director
$0 $0 $0
KATHERINE H FREEMAN NAS COUNCIL MEMBER (BEG 7/1/23) 4.00
Director
$0 $0 $0
ANGELA M GRONENBORN NAS COUNCIL MEMBER 4.00
Director
$0 $0 $0
MARY LOU GUERINOT NAS COUNCIL MEMBER (BEG 7/1/23) 4.00
Director
$0 $0 $0
ANDREA J LIU NAS COUNCIL MEMBER 4.00
Director
$0 $0 $0
DAVID J MELTZER NAS COUNCIL MEMBER 4.00
Director
$0 $0 $0
CAROL L PRIVES NAS COUNCIL MEMBER (BEG 7/1/23) 4.00
Director
$0 $0 $0
KENNETH A RIBET NAS COUNCIL MEMBER 4.00
Director
$0 $0 $0
GENE E ROBINSON NAS COUNCIL MEMBER 4.00
Director
$0 $0 $0
GERTRUD M SCHUPBACH NAS COUNCIL MEMBER (END 6/30/23) 4.00
Director
$0 $0 $0
MICHAEL S WITHERELL NAS COUNCIL MEMBER (BEG 7/1/23) 4.00
Director
$0 $0 $0
HAO WU NAS COUNCIL MEMBER 4.00
Director
$0 $0 $0
JOHN ANDERSON PRESIDENT - NAE 37.50
Officer
$1,027,185 $93,860 $1,121,045
VICTOR DZAU PRESIDENT - NAM 37.50
Officer
$1,026,973 $94,050 $1,121,023
GREGORY SYMMES CHIEF PROGRAM OFFICER 37.50
Officer
$422,374 $95,469 $517,843
LORY WINGATE CHIEF OPERATING OFFICER 37.50
Officer
$417,929 $97,089 $515,018
EBUN JOHNSON CHIEF FINANCIAL OFFICER(BEG 8/12/23) 37.50
Officer
$249,616 $64,489 $314,105
MARY SALMON CHIEF FINANCIAL OFFICER (END 7/7/23) 37.50
Officer
$251,455 $46,089 $297,544
MONICA FEIT EXECUTIVE DIRECTOR, HMD 37.50
Key Emp
$282,034 $90,882 $372,916
VICTORIA SHEEHAN EXECUTIVE DIRECTOR, TRB 37.50
Key Emp
$304,563 $65,186 $369,749
VAUGHAN TUREKIAN EXECUTIVE DIRECTOR, PGA 37.50
Key Emp
$283,641 $85,792 $369,433
LAUREN ALEXANDER AUGUSTINE EXECUTIVE DIRECTOR, GULF 37.50
Key Emp
$306,018 $80,277 $386,295
AUDREY MOSLEY GENERAL COUNSEL 37.50
Highest
$373,692 $73,405 $447,097
DAVID MAY CHIEF COMMUNICATIONS OFFICER 37.50
Highest
$331,478 $110,190 $441,668
ALTON ROMIG NAE EXECUTIVE OFFICER 37.50
Highest
$343,207 $95,069 $438,276
KENNETH FULTON NAS EXECUTIVE DIRECTOR 37.50
Highest
$343,488 $77,795 $421,283
LAURA CASTILLO-PAGE CHIEF DIVERSITY & INCLUSION OFFICER 37.50
Highest
$333,788 $82,644 $416,432
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $324,567,142 $364,349,582 $1,561,553,741 $-39,782,440
2022 $279,925,416 $342,729,113 $1,493,529,469 $-62,803,697
2021 $311,720,918 $286,829,847 $1,716,496,615 $24,891,071
2020 $351,062,351 $296,824,040 $1,553,804,321 $54,238,311
2019 $406,416,247 $339,454,609 $1,421,374,418 $66,961,638
2018 $298,227,583 $313,096,686 $1,313,044,278 $-14,869,103
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