HUDSON INSTITUTE INC Charity Report

Public IRS 990 nonprofit record

HUDSON INSTITUTE INC

EIN 13-1945157 · Education (B)

What they do

Hudson Institute is A Research Organization Promoting American Leadership for A Secure, Free, and Prosperous Future. Founded In 1961 By Strategist Herman Kahn, Hudson Institute Challenges Conventional Thinking and Helps Manage Strategic Transitions Through Interdisciplinary Studies In Defense, International Relations, Economics, Energy, Technology, Culture, and Law. Hudson Seeks to Guide Policymakers and Global Leaders In Government and Business Through A Robust Program of Publications, Conferences, Policy Briefings, and Recommendations.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

29.78%of revenue went to mission work81.5% of expenses · Program services

3.43%of revenue went to fundraising9.4% of expenses

$36.55spent for every $100 of revenueRevenue covered expenses this year.

3.34%of revenue went to management and office costs9.1% of expenses

$5.32in assets for every $1 spent this yearSome assets cannot be spent right away.

36.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $697,908 for JOHN P WALTERS (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$67,049,361

Mission workProgram services$19,969,67429.78% of revenue81.5% of expenses

ManagementOffice and general costs$2,239,2583.34% of revenue9.1% of expenses

FundraisingAsking for donations$2,299,5483.43% of revenue9.4% of expenses

Revenue left after expensesReported annual surplus$42,540,88163.45% of revenueShown in gray on the chart

Total expenses$24,508,48036.55% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 81.5% mission · 9.1% management · 9.4% fundraisingTotal expenses: 36.55% of revenue

2024Expense mix: 81.6% mission · 8.8% management · 9.5% fundraisingTotal expenses: 116.51% of revenue

2023Expense mix: 81.5% mission · 10.8% management · 7.7% fundraisingTotal expenses: 100.43% of revenue

2022Expense mix: 81.3% mission · 10.7% management · 8.0% fundraisingTotal expenses: 88.68% of revenue

2021Expense mix: 81.4% mission · 12.5% management · 6.1% fundraisingTotal expenses: 82.33% of revenue

2020Expense mix: 78.3% mission · 14.9% management · 6.8% fundraisingTotal expenses: 96.44% of revenue

2019Expense mix: 76.0% mission · 13.8% management · 10.2% fundraisingTotal expenses: 37.48% of revenue

2018Expense mix: 75.1% mission · 15.4% management · 9.5% fundraisingTotal expenses: 92.84% of revenue

Money in and money out

Revenue$67,049,361

Expenses$24,508,480

Annual surplus $42,540,881 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$19,969,674 · 81.5% of expenses

Management and office costs$2,239,258 · 9.1% of expenses

Fundraising$2,299,548 · 9.4% of expenses

See all reported dollar amounts

Revenue$67,049,361

Expenses$24,508,480

Assets$130,372,971

Income$27,461,394

Contributions$24,355,589

Mission work (program services)$19,969,674

Fundraising$2,299,548

Grants given$483,570

Average grant$483,570

Management and general$2,239,258

Stocks and bonds$86,528,833

Accounting fees$168,690

Investing fees$14,936

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOHN P WALTERSPRESIDENT AND CEO · 40 hrs/week $697,908Base $631,113 · Other $66,795

WALTER RUSSELL MEADDF IN STRATEGY AND STATESMANSHIP · 40 hrs/week $465,991Base $426,695 · Other $39,296

JOEL SCANLONEXECUTIVE VICE PRESIDENT · 40 hrs/week $423,379Base $379,990 · Other $43,389

MICHAEL DORANSENIOR FELLOW AND DIRECTOR · 40 hrs/week $390,004Base $330,356 · Other $59,648

MATTHEW HUNTERSENIOR VICE PRESIDENT · 40 hrs/week $374,132Base $335,088 · Other $39,044

BRYAN CLARKSENIOR FELLOW AND DIRECTOR · 40 hrs/week $342,218Base $315,723 · Other $26,495

PATRICK CRONINASIA-PACIFIC SECURITY CHAIR · 40 hrs/week $326,066Base $277,572 · Other $48,494

NICHOLAS MACKEYDIRECTOR OF OPERATIONS · 40 hrs/week $310,307Base $260,696 · Other $49,611

THOMAS DUESTERBERGSENIOR FELLOW · 40 hrs/week $277,540Base $256,155 · Other $21,385

DANIEL MCKIVERGANVICE PRESIDENT, GOVERNMENT RELATIONS · 40 hrs/week $271,113Base $253,380 · Other $17,733

OWEN DORNEYVICE PRESIDENT, STRATEGIC PARTNERSHIPS · 40 hrs/week $263,302Base $228,918 · Other $34,384

ANN MARIE HAUSERVICE PRESIDENT, PUBLIC AFFAIRS · 40 hrs/week $205,593Base $197,402 · Other $8,191

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

JOHN P WALTERSPRESIDENT AND CEO

WALTER RUSSELL MEADDF IN STRATEGY AND STATESMANSHIP

JOEL SCANLONEXECUTIVE VICE PRESIDENT

MICHAEL DORANSENIOR FELLOW AND DIRECTOR

MATTHEW HUNTERSENIOR VICE PRESIDENT

BRYAN CLARKSENIOR FELLOW AND DIRECTOR

PATRICK CRONINASIA-PACIFIC SECURITY CHAIR

NICHOLAS MACKEYDIRECTOR OF OPERATIONS

THOMAS DUESTERBERGSENIOR FELLOW

DANIEL MCKIVERGANVICE PRESIDENT, GOVERNMENT RELATIONS

OWEN DORNEYVICE PRESIDENT, STRATEGIC PARTNERSHIPS

ANN MARIE HAUSERVICE PRESIDENT, PUBLIC AFFAIRS

VICTORIA MILLERDIR OF PA, CORPORATE SECRETARY

HALINA HELENIHIDIRECTOR OF FINANCE AND ACCOUNTING

EMILY ALCOCKCORPORATE SECRETARY

WILLIAM H STRONGTRUSTEE

RUSSELL PENNOYERVICE CHAIR

SARAH MAY STERNCHAIR

SHINYA KATANOZAKATRUSTEE

SHYAM SANKARTRUSTEE

THOMAS C BARRYTRUSTEE

RICHARD EMMETVICE CHAIR

MICHAEL L SANTINITRUSTEE

MICHAEL KASSENTRUSTEE

MARGARET WHITEHEADTRUSTEE

LUCY BILLINGSLEYTRUSTEE

LINDEN S BLUETRUSTEE

LESLIE D WARETRUSTEE

LAURENCE C LEEDS JRTRUSTEE

JACK DAVIDSENIOR FELLOW AND TRUSTEE

About this charity

Recognized since: January 1963
Location: 1201 Pennsylvania Avenue NW 400, Washington, DC 20004
County: District of Columbia
In care of: John P Walters
Primary officer: John P Walters, President & CEO

How to reach them

WebsiteVisit the charity’s website Phone(202) 974-2400

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: ROGERS & COMPANY PLLC
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes