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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.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$22.7M
Program Spending
82%
of total expenses go to program services
Total Contributions
$18.3M
Total Expenses
▼$26.4M
Total Assets
$121.1M
Total Liabilities
▼$18.2M
Net Assets
$102.9M
Officer Compensation
→$2.7M
Other Salaries
$12.5M
Investment Income
$4.6M
Fundraising
▼$52.2K
Source: USAspending.gov · Searched by organization name
VA/DoD Awards
$937.1K
VA/DoD Award Count
3
Funding from the Department of Veterans Affairs and/or Department of Defense.
Total Federal Funding
$2.4M
Awards Found
4
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Justice | FUNDING TO SUPPORT THE HOST ORGANIZATION FOR THE INDEPENDENT REVIEW COMMITTEE AUTHORIZED BY THE FIRST STEP ACT | $1.5M | FY2019 | Apr 2019 – Jul 2021 | Open → |
| VA/DoDDepartment of Defense | LRH-1, A NEW MOLECULAR TARGET FOR BREAST CANCER TREATMENT | $637.7K | FY2010 | Sep 2010 – Oct 2013 | Open → |
| VA/DoDDepartment of Defense | ROLE OF THE NOVEL INTERFERON EPSILON IN OVARIAN CANCER | $225K | FY2015 | Sep 2015 – Sep 2017 | Open → |
| VA/DoDDepartment of Defense | PROJECT ARTICLE TITLED " NUCLEAR NONPROLIFERATION AND ARMS CONTROL IMPLICATIONS OF THE FUTURE CHINA-RUSSIA STRATEGIC RELATIONSHIP". | $74.4K | FY2013 | May 2013 – May 2014 | Open → |
Department of Justice
$1.5M
FUNDING TO SUPPORT THE HOST ORGANIZATION FOR THE INDEPENDENT REVIEW COMMITTEE AUTHORIZED BY THE FIRST STEP ACT
Department of Defense
$637.7K
LRH-1, A NEW MOLECULAR TARGET FOR BREAST CANCER TREATMENT
Department of Defense
$225K
ROLE OF THE NOVEL INTERFERON EPSILON IN OVARIAN CANCER
Department of Defense
$74.4K
PROJECT ARTICLE TITLED " NUCLEAR NONPROLIFERATION AND ARMS CONTROL IMPLICATIONS OF THE FUTURE CHINA-RUSSIA STRATEGIC RELATIONSHIP".
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $22.7M | $18.3M | $26.4M | $121.1M | $102.9M |
| 2023IRS e-File | $24.8M | $20.8M | $24.9M | $117.4M | $96.8M |
| 2022 | $25.2M | $22.5M | $22.3M | $110.7M | $86.6M |
| 2021 | $23.2M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| John P Walters | President And CEO | 40 | $600.4K | $0 | $63.4K | $663.7K |
| Joel Scanlon | Executive Vice President | 40 | $334.6K | $0 | $42.9K | $377.4K |
| Daniel Mckivergan | Vice President, Government Relations | 40 | $276.2K | $0 | $57.8K | $334K |
| Ann Marie Hauser | Vice President, Public Affairs | 40 | $292.3K | $0 | $37.8K | $330.1K |
| Matthew Hunter | Vice President, Strategic Partnerships | 40 | $307.3K | $0 | $15.7K | $323K |
| Steven Corder | Chief Financial Officer | 40 | $246.6K | $0 | $40.7K | $287.3K |
| Victoria Miller | Corporate Secretary | 40 | $144K | $0 | $22.5K | $166.4K |
| Russell Pennoyer | Vice Chair | 1 | $0 | $0 | $0 | $0 |
| Sarah May Stern | Chair | 8 | $0 | $0 | $0 | $0 |
John P Walters
President And CEO
$663.7K
Hrs/Wk
40
Compensation
$600.4K
Related Orgs
$0
Other
$63.4K
Joel Scanlon
Executive Vice President
$377.4K
Hrs/Wk
40
Compensation
$334.6K
Related Orgs
$0
Other
$42.9K
Daniel Mckivergan
Vice President, Government Relations
$334K
Hrs/Wk
40
Compensation
$276.2K
Related Orgs
$0
Other
$57.8K
Ann Marie Hauser
Vice President, Public Affairs
$330.1K
Hrs/Wk
40
Compensation
$292.3K
Related Orgs
$0
Other
$37.8K
Matthew Hunter
Vice President, Strategic Partnerships
$323K
Hrs/Wk
40
Compensation
$307.3K
Related Orgs
$0
Other
$15.7K
Steven Corder
Chief Financial Officer
$287.3K
Hrs/Wk
40
Compensation
$246.6K
Related Orgs
$0
Other
$40.7K
Victoria Miller
Corporate Secretary
$166.4K
Hrs/Wk
40
Compensation
$144K
Related Orgs
$0
Other
$22.5K
Russell Pennoyer
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sarah May Stern
Chair
$0
Hrs/Wk
8
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Walter Russell Mead | Distinguished Fellow | 40 | $406.2K | $0 | $38.6K | $444.9K |
| Michael Doran | Senior Fellow And Director | 40 | $284K | $0 | $60.8K | $344.8K |
| Bryan Clark | Senior Fellow And Director | 40 | $285.6K | $0 |
Walter Russell Mead
Distinguished Fellow
$444.9K
Hrs/Wk
40
Compensation
$406.2K
Related Orgs
$0
Other
$38.6K
Michael Doran
Senior Fellow And Director
$344.8K
Hrs/Wk
40
Compensation
$284K
Related Orgs
$0
Other
$60.8K
Bryan Clark
Senior Fellow And Director
$318.7K
Hrs/Wk
40
Compensation
$285.6K
Related Orgs
$0
Other
$33.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Jack David | Senior Fellow And Trustee | 1 | $0 | $0 | $0 | $0 |
| Jessie Knight Jr | Trustee | 1 | $0 | $0 | $0 | $0 |
| Laurence C Leeds Jr | Trustee | 1 | $0 | $0 | $0 | $0 |
| Leslie D Ware | Trustee | 1 | $0 | $0 | $0 | $0 |
| Linden S Blue | Trustee | 1 | $0 | $0 | $0 | $0 |
| Margaret Whitehead | Trustee |
Jack David
Senior Fellow And Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jessie Knight Jr
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Laurence C Leeds Jr
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $19.9M |
| $19.1M |
| $103.4M |
| $97M |
| 2020 | $17.5M | $15.4M | $16.9M | $85.4M | $79M |
| 2019 | $48.8M | $45.2M | $18.3M | $78.6M | $74.5M |
| 2018 | $17.6M | $15.3M | $16.3M | $40.3M | $36.2M |
| 2017 | $19.6M | $17.9M | $14.9M | $44.2M | $40.5M |
| 2016 | $9.4M | $7.2M | $13.2M | $37.5M | $33.5M |
| 2015 | $20.8M | $18M | $11M | $39.9M | $34.9M |
| 2014 | $13.3M | $11.3M | $11.3M | $32M | $29.2M |
| 2013 | $13.3M | $12.1M | $9.9M | $30.2M | $27.6M |
| 2012 | $15.1M | $13.8M | $10.8M | $24.3M | $21.7M |
| 2011 | $12.3M | $10.4M | $11.3M | $17.5M | $14.6M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2001 | 990 | — |
| $33.1K |
| $318.7K |
| Patrick Cronin | Asia-pacific Security Chair | 40 | $265.2K | $0 | $47.6K | $312.8K |
| Thomas Duesterberg | Senior Fellow | 40 | $264.8K | $0 | $22.2K | $287K |
| Nicholas Mackey | Director Of Operations | 40 | $189.8K | $0 | $43K | $232.8K |
Patrick Cronin
Asia-pacific Security Chair
$312.8K
Hrs/Wk
40
Compensation
$265.2K
Related Orgs
$0
Other
$47.6K
Thomas Duesterberg
Senior Fellow
$287K
Hrs/Wk
40
Compensation
$264.8K
Related Orgs
$0
Other
$22.2K
Nicholas Mackey
Director Of Operations
$232.8K
Hrs/Wk
40
Compensation
$189.8K
Related Orgs
$0
Other
$43K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Michael Kassen | Trustee | 1 | $0 | $0 | $0 | $0 |
| Michael L Santini | Trustee | 1 | $0 | $0 | $0 | $0 |
| Shinya Katanozaka | Trustee | 1 | $0 | $0 | $0 | $0 |
| Shyam Sankar | Trustee | 1 | $0 | $0 | $0 | $0 |
| Thomas C Barry | Trustee | 1 | $0 | $0 | $0 | $0 |
| Thomas J Donohue | Trustee | 1 | $0 | $0 | $0 | $0 |
Leslie D Ware
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Linden S Blue
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Margaret Whitehead
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Kassen
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael L Santini
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Shinya Katanozaka
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Shyam Sankar
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas C Barry
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas J Donohue
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0