Civic Intelligence

National Academy of Sciences

EIN 53-0196932 • 501(c)3 • Washington, DC

Profile

The national academy of sciences (nas) was formed under a charter passed as an act of incorporation by the united states congress and signed into law on march 3, 1863. The nas operates as a private membership organization of distinguished scholars engaged in scientific, engineering, or medical research. Nas is dedicated to the furtherance of science and its use for the general welfare. Nas provides advice and other services to the u.s. Government and other private sponsors. The nas is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except for unrelated business income.

Refreshing map…

2101 Constitution Avenue NWWashington, DC 20418-0007

www.nas.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.16x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.70x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

13th percentile

-4.7%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

29th percentile

$1,188,162

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

25th percentile

2.1%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

11%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,593,716,208

Up $32,162,467 (+2.1%) from 2023

Liabilities

Down

$251,748,861

Down $13,187,075 (-5.0%) from 2023

Net Assets

Up

$1,341,967,347

Up $45,349,542 (+3.5%) from 2023

Revenue

Up

$361,712,009

Up $37,144,867 (+11%) from 2023

Expenses

Up

$378,834,923

Up $14,485,341 (+4.0%) from 2023

Net Income

Up

-$17,122,914

Up $22,659,526 (+57%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0B$1.5B$1.0B$500M$0Assets 2010: $772,132,831Liabilities 2010: $299,006,827Net Assets 2010: $473,126,0042010Assets 2011: $769,096,742Liabilities 2011: $328,831,202Net Assets 2011: $440,265,5402011Assets 2012: $788,425,393Liabilities 2012: $325,225,569Net Assets 2012: $463,199,8242012Assets 2013: $1,274,243,062Liabilities 2013: $288,856,377Net Assets 2013: $985,386,6852013Assets 2014: $1,299,714,329Liabilities 2014: $288,003,360Net Assets 2014: $1,011,710,9692014Assets 2015: $1,291,793,976Liabilities 2015: $288,230,117Net Assets 2015: $1,003,563,8592015Assets 2016: $1,313,513,812Liabilities 2016: $264,047,813Net Assets 2016: $1,049,465,9992016Assets 2017: $1,378,179,858Liabilities 2017: $261,885,443Net Assets 2017: $1,116,294,4152017Assets 2018: $1,313,044,278Liabilities 2018: $251,124,999Net Assets 2018: $1,061,919,2792018Assets 2019: $1,421,374,418Liabilities 2019: $260,733,980Net Assets 2019: $1,160,640,4382019Assets 2020: $1,553,804,321Liabilities 2020: $266,222,110Net Assets 2020: $1,287,582,2112020Assets 2021: $1,716,496,615Liabilities 2021: $283,177,590Net Assets 2021: $1,433,319,0252021Assets 2022: $1,493,529,469Liabilities 2022: $274,239,992Net Assets 2022: $1,219,289,4772022Assets 2023: $1,561,553,741Liabilities 2023: $264,935,936Net Assets 2023: $1,296,617,8052023Assets 2024: $1,593,716,208Liabilities 2024: $251,748,861Net Assets 2024: $1,341,967,3472024

Highlighted filing

2024

Assets$1,593,716,208
Liabilities$251,748,861
Net Assets$1,341,967,347

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0B$500M$0-$500MExpenses 2010: $314,421,8662010Expenses 2011: $345,428,6112011Expenses 2012: $329,666,8892012Revenue 2013: $793,953,993Expenses 2013: $307,713,657Net Income 2013: $486,240,3362013Revenue 2014: $343,939,042Expenses 2014: $315,620,105Net Income 2014: $28,318,9372014Revenue 2015: $320,703,469Expenses 2015: $304,300,695Net Income 2015: $16,402,7742015Revenue 2016: $336,511,440Expenses 2016: $312,432,241Net Income 2016: $24,079,1992016Revenue 2017: $314,452,484Expenses 2017: $319,025,056Net Income 2017: -$4,572,5722017Revenue 2018: $298,227,583Expenses 2018: $313,096,686Net Income 2018: -$14,869,1032018Revenue 2019: $406,416,247Expenses 2019: $339,454,609Net Income 2019: $66,961,6382019Revenue 2020: $351,062,351Expenses 2020: $296,824,040Net Income 2020: $54,238,3112020Revenue 2021: $311,720,918Expenses 2021: $286,829,847Net Income 2021: $24,891,0712021Revenue 2022: $279,925,416Expenses 2022: $342,729,113Net Income 2022: -$62,803,6972022Revenue 2023: $324,567,142Expenses 2023: $364,349,582Net Income 2023: -$39,782,4402023Revenue 2024: $361,712,009Expenses 2024: $378,834,923Net Income 2024: -$17,122,9142024

Highlighted filing

2024

Revenue$361,712,009
Expenses$378,834,923
Net Income-$17,122,914

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,594$252$1,342$362$379$17.1
2023Summary only. Only limited summary data is available for this year.$1,562$265$1,297$325$364$39.8
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,494$274$1,219$280$343$62.8
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,716$283$1,433$312$287$24.9
2020Summary only. Only limited summary data is available for this year.$1,554$266$1,288$351$297$54.2
2019Summary only. Only limited summary data is available for this year.$1,421$261$1,161$406$339$67.0
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,313$251$1,062$298$313$14.9
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,378$262$1,116$314$319$4.57
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,314$264$1,049$337$312$24.1
2015Summary only. Only limited summary data is available for this year.$1,292$288$1,004$321$304$16.4
2014Summary only. Only limited summary data is available for this year.$1,300$288$1,012$344$316$28.3
2013Detailed filing. Detailed filing data is available for this year.$1,274$289$985$794$308$486
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$788$325$463$330
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$769$329$440$345
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$772$299$473$314
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$702,976,533
Mission and Program Overview

Mission

The national academy of sciences (nas) was formed under a charter passed as an act of incorporation by the united states congress and signed into law on march 3, 1863. The nas operates as a private membership organization of distinguished scholars engaged in scientific, engineering, or medical research. Nas is dedicated to the furtherance of science for the general welfare. Nas provides advice and other services to the u.s. Government and other private sponsors. The nas is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except for unrelated business income.

The national academy of sciences (nas) is dedicated to the furtherance of science and its use for the general welfare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$616,027,953$675,087,547▲ $59,059,594
Investments in Publicly Traded Securities$617,141,339$637,909,485▲ $20,768,146
Land, Buildings, and Equipment, Net$128,118,187$123,847,785▼ $4,270,402
Accounts Receivable$84,425,997$77,549,161▼ $6,876,836
Pledges and Grants Receivable$20,974,921$16,322,734▼ $4,652,187
Prepaid Expenses and Deferred Charges$12,008,695$9,703,156▼ $2,305,539
Savings and Temporary Cash Investments$7,541,241$7,686,745▲ $145,504
Cash and Non-Interest-Bearing Accounts$41,525,025$5,857,704▼ $35,667,321
Inventories for Sale or Use$535,021$148,355▼ $386,666
Investments Program Related$0$0→ $0
Total Assets$1,561,553,741$1,593,716,208▲ $32,162,467
Other Assets Total$33,255,362$39,603,536▲ $6,348,174
Liabilities
Tax Exempt Bond Liabilities$134,816,800$129,881,009▼ $4,935,791
Deferred Revenue$70,105,727$56,540,751▼ $13,564,976
Accounts Payable and Accrued Expenses$34,757,236$36,288,442▲ $1,531,206
Other Liabilities$25,256,173$29,038,659▲ $3,782,486
Total Liabilities$264,935,936$251,748,861▼ $13,187,075
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,115,468,842$1,142,483,357▲ $27,014,515
Net Assets Without Donor Restrictions$181,148,963$199,483,990▲ $18,335,027
Total Net Assets Fund Balance$1,296,617,805$1,341,967,347▲ $45,349,542
Total Liabilities and Net Assets / Fund Balance$1,561,553,741$1,593,716,208▲ $32,162,467

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$88,291,041$87,955,536$176,246,577
Equipment$4,554,650$28,166,817$32,721,467
Land$29,586,376-$29,586,376
Leasehold Improvements$188,479$3,884,898$4,073,377
Other Land Buildings$1,227,239$39,688$1,266,927
Other Securities$32,264,751--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$697,696,272$1,396,986▲ $83,567,278$31,147,884$751,512,652
2023$641,924,743$5,784,069▲ $70,001,100$20,013,640$697,696,272
2022$729,185,863$3,669,854▼ $74,500,036$16,430,938$641,924,743
2021$643,253,184$7,102,361▲ $101,144,413$22,314,095$729,185,863
2020$591,981,194$7,943,307▲ $63,537,747$20,209,064$643,253,184
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marcia McnuttPresidentFT$836,443$351,719$1,188,162
John AndersonPresident - NaeFT$813,493$347,207$1,160,700
Victor DzauPresident - NamFT$816,484$344,194$1,160,678
Gregory SymmesChief Prog Off/int COO(beg 2/14/24)FT$395,246$143,084$538,330
Audrey MosleyGeneral CounselFT$378,301$89,462$467,763
Alton RomigNae Executive OfficerFT$308,045$141,745$449,790
David MayChief Communications OfficerFT$330,371$117,053$447,424
Kenneth FultonNas Executive DirectorFT$338,357$85,231$423,588
Laura Castillo-pageChief Diversity & Inclusion OfficerFT$334,837$86,706$421,543
Lauren Alexander AugustineExecutive Director, GulfFT$314,813$92,925$407,738
Lory WingateChief Operating Officer(end 2/14/24)FT$258,569$141,528$400,097
Monica FeitExecutive Director, HmdFT$291,543$106,306$397,849
Vaughan TurekianExecutive Director, PgaFT$292,121$92,172$384,293
Ebun JohnsonChief Financial OfficerFT$293,326$80,139$373,465
Victoria SheehanExecutive Director, TrbFT$276,710$84,372$361,082
Karen C SetoNas Council Member (beg 7/1/24)-$50,000-$50,000
Huda AkilNas Council Member (end 6/30/24)-$37,500-$37,500
Angela M GronenbornNas Council Member-$15,000-$15,000

Board Members and Trustees

NameTitle
Susan WesslerVice President (beg 12/1/24)
Diane E GriffinVice President (end 10/28/24)
Nancy C AndrewsHome Secretary
John G HildebrandInternational Secretary
Andrea J LiuNas Council Member
Carol L PrivesNas Council Member
David J MeltzerNas Council Member
Gene E RobinsonNas Council Member
Katherine H FreemanNas Council Member
Mary Lou GuerinotNas Council Member
Michael S WitherellNas Council Member
Brigid Lm HoganNas Council Member (beg 7/1/24)
Susan GelmanNas Council Member (beg 7/1/24)
Wendy L FreedmanNas Council Member (beg 7/1/24)
Hao WuNas Council Member (end 6/30/24)
John C BoothroydNas Council Member (end 6/30/24)
Kenneth a RibetNas Council Member (end 6/30/24)
William H PressTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Texas A&m Transportation InstituteTransportation Study3135 TAMU, College Station, TX 77843-3135$3,367,520
Complete Building ServicesFacilities Mgmt2101 WISCONSIN AVENUE, Washington, DC 20007$2,576,150
Design CuisineEvents2659 SOUTH SHIRLINGTON RD, Arlington, VA 22206$1,602,920
Allied Universal Security ServicesSecurity ServicesPO BOX 31001-2374, Pasadena, CA 91110-2374$1,547,590
Dell USASoftware Services11209 METRIC BLVD, Austin, TX 78758-4093$1,489,550
Revenue and Support

Revenue Composition

Contributions and Grants
$277,342,249
Program Service Revenue
$10,030,335
Investment Income
$70,195,087
Other Revenue
$4,144,338
All Other Contributions
$63,509,119
Change in Net Assets
$-17,122,914

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded11$530,048Selling Price
Total Noncash Contributions11$530,048-

Audited Revenue Reconciliation

Revenue per Audited Statements
$358,422,567
Revenue Not Reported on Financial Statements
$3,289,442
Revenue Not Reported on Form 990
$86,411,909
Total Revenue per Audited Statements
$444,834,476
Total Revenue per Form 990
$361,712,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$172,273,401
Other Expenses$139,491,798
Grants and Similar Amounts Paid$67,034,941
Total Fundraising Expense$4,386,496
Professional Fundraising Fees$34,783

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$96,543,486$26,573,639$2,645,133$125,762,258
Grants to Domestic Orgs$32,105,536--$32,105,536
Grants to Domestic Individuals$32,061,403--$32,061,403
Fees for Services Other$14,494,534$5,819,145$114,400$20,428,079
Travel$15,882,442$1,304,159$112,676$17,299,277
Pension Plan Contributions$11,603,729$3,659,691$328,509$15,591,929
Other Employee Benefits$12,437,738$1,441,644$296,940$14,176,322
Payroll Taxes$7,613,060$2,541,921$215,515$10,370,496
Conferences and Meetings$6,067,758$2,622,366$151,589$8,841,713
Depreciation Depletion$5,995,743$2,262,842$70,747$8,329,332
Occupancy$5,354,591$2,072,508$63,468$7,490,567
Interest-$7,059,566-$7,059,566
Information Technology$4,467,265$1,997,092$200,392$6,664,749
Current Officers, Directors, Trustees, and Key Employees-$6,372,396-$6,372,396
Fees for Service Investment Mgmnt Fees-$3,289,442-$3,289,442
Foreign Grants$2,868,002--$2,868,002
Other Expenses$735,160$1,844,741$76,427$2,579,901
Office Expenses$1,561,023$914,965$51,082$2,527,070
Insurance$262,204$1,077,625$95$1,339,924
Fees for Services Legal$26,667$1,284,407$755$1,311,829
Fees for Services Accounting$12,850$660,220$364$673,434
Advertising$338,534$174,649$23,403$536,586
Fees for Services Professional Fundraising--$34,783$34,783
Payment Travel Entrtnmnt Publicly Ofcl$15,860--$15,860
Royalties--$18$18
Total Functional Expenses$300,637,047$73,811,380$4,386,496$378,834,923

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$389,154,636
Total Expenses per Form 990$378,834,923
Expenses per Audited Statements$375,545,481
Expenses Not Reported on Form 990$13,609,155
Expenses Not Reported on Financial Statements$3,289,442
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Louisiana State UniversityBaton Rouge, LAGovtResearch Grants$5,151,595
Florida State UniversityTallahassee, FLGovtResearch Grants$2,211,601
Texas A&m UniversityCollege Station, TXGovtResearch Grants$2,103,157
Woods Hole Oceanographic InstWoods Hole, MA501(c)(3)Research Grants$1,487,978
National Foundation for the Centers for Disease Control and Prevention IncAtlanta, GA501(c)(3)Research Grants$1,248,579
Tulane UniversityNew Orleans, LA501(c)(3)Research Grants$1,127,939
Jackson State UniversityJackson, MSGovtResearch Grants$1,098,687
University of HoustonHouston, TXGovtResearch Grants$1,009,383
Texas A&m University - Corpus ChristiCorpus Christi, TXGovtResearch Grants$843,919
Prairie View A&m UnivPrairie View, TXGovtResearch Grants$744,429
Carnegie Mellon UniversityPittsburgh, PA501(c)(3)Research Grants$686,939
The Artist Boat IncGalveston, TX501(c)(3)Research Grants$606,772
American Bureau of ShippingSpring, TXOtherResearch Grants$549,867
University of Wisconsin MadisonMadison, WIGovtResearch Grants$512,353
Mississippi State UniversityMississippi State, MS501(c)(3)Research Grants$511,368
University of FloridaGainesville, FLGovtResearch Grants$470,971
University of South AlabamaMobile, ALGovtResearch Grants$431,588
Ripple Effect Water Literacy ProjectNew Orleans, LA501(c)(3)Research Grants$397,731
University of ColoradoBoulder, COGovtResearch Grants$386,427
Institute for Diversity and Inclusion in Emergency ManagementTampa, FL501(c)(3)Research Grants$373,692
Texas A&m University Health Science CenterCollege Station, TXGovtResearch Grants$331,606
University of South FloridaTampa, FLGovtResearch Grants$331,525
William Marsh Rice UniversityHouston, TX501(c)(3)Research Grants$319,800
Appalachian State UniversityBoone, NCGovtResearch Grants$314,260
University of California San FranciscoSan Francisco, CAGovtResearch Grants$311,517
Louisiana Tech UniversityRuston, LAGovtResearch Grants$298,568
Texas Tech University School of LawLubbock, TXGovtResearch Grants$293,305
University of MontevalloMontevallo, ALGovtResearch Grants$264,292
LOUISIANA CHILDREN'S MUSEUMNew Orleans, LA501(c)(3)Research Grants$261,770
University of North Florida Board of TrusteesJacksonville, FLGovtResearch Grants$257,388
Louisiana Department of EducationBaton Rouge, LAGovtResearch Grants$256,533
Deep South Center for EnvironmentalNew Orleans, LA501(c)(3)Research Grants$250,000
Environmental Defense FundWashington, DC501(c)(3)Research Grants$249,187
Louisiana Environmental Action NetworkBaton Rouge, LA501(c)(3)Research Grants$246,536
Houston Area Urban LeagueHouston, TX501(c)(3)Research Grants$246,199
Citizens for a Sustainable Future IncTallahassee, FL501(c)(3)Research Grants$245,899
Flour Bluff Independent School DistrictCorpus Christi, TXGovtResearch Grants$243,420
American Stem AllianceCorpus Christi, TX501(c)(3)Research Grants$238,071
Georgia Southern University Research and Service Foundation IncStatesboro, GA501(c)(3)Research Grants$236,652
Walter Anderson Museum of ArtOcean Springs, MS501(c)(3)Research Grants$236,592
Auburn UniversityAuburn University, ALGovtResearch Grants$225,918
Associated Universities IncVienna, VA501(c)(3)Research Grants$224,489
Electrical Training AllianceBowie, MD501(c)(3)Research Grants$219,083
Ecorise Youth InnovationsAustin, TX501(c)(3)Research Grants$210,125
Steps CoalitionGulfport, MS501(c)(3)Research Grants$196,616
University of California Los AngelesLos Angeles, CAGovtResearch Grants$186,691
Black Belt Community FoundationSelma, AL501(c)(3)Research Grants$140,892
THE PEOPLE'S JUSTICE COUNCILBirmingham, AL501(c)(3)Research Grants$136,145
Sigma XiResearch Triangle Pk, NC501(c)(3)Research Grants$135,599
University of Central Florida Board of TrusteesOrlando, FLGovtResearch Grants$127,749
University of MarylandCollege Park, MDGovtResearch Grants$125,658
Louisiana Rs and Gis InstituteBaton Rouge, LA501(c)(3)Research Grants$119,035
Smith College AdvancementNorthampton, MA501(c)(3)Research Grants$114,112
Arizona State UniversityTempe, AZGovtResearch Grants$113,494
University of West FloridaPensacola, FLGovtResearch Grants$107,000
Unity in the Family IncPensacola, FL501(c)(3)Research Grants$100,435
University of New OrleansNew Orleans, LAGovtResearch Grants$100,310
Usda ArsStoneville, MSGovtResearch Grants$98,627
Mississippi Delta Nature and Learning CenterLeland, MS501(c)(3)Research Grants$97,550
University of Alabama at BirminghamBirmingham, ALGovtResearch Grants$97,500
University of Nebraska Medical CenterLincoln, NEGovtResearch Grants$94,416
The University of Texas Rio Grande ValleyEdinburg, TXGovtResearch Grants$83,675
University of Alabama in HuntsvilleHuntsville, ALGovtResearch Grants$80,434
The University CorporationNorthridge, CA501(c)(3)Research Grants$76,000
Florida Gulf Coast University Board of TrusteesFort Myers, FLGovtResearch Grants$72,466
Pensacola Mess HallPensacola, FL501(c)(3)Research Grants$71,491
University of PennsylvaniaPhiladelphia, PA501(c)(3)Research Grants$70,000
New York UniversityNew York, NY501(c)(3)Research Grants$69,542
Houston Advanced Research CenterThe Woodlands, TX501(c)(3)Research Grants$68,783
University of California DavisDavis, CAGovtResearch Grants$63,302
University of LouisvilleLouisville, KYGovtResearch Grants$61,587
Virginia Commonwealth UniversityRichmond, VAGovtResearch Grants$61,240
Clemson UniversityClemson, SCGovtResearch Grants$61,177
Western Michigan UniversityKalamazoo, MIGovtResearch Grants$60,131
Mississippi Department of MarineBiloxi, MSGovtResearch Grants$56,909
Gulf of Mexico AllianceOcean Springs, MS501(c)(3)Research Grants$50,000
Alabama State UniversityMontgomery, ALGovtResearch Grants$49,896
Sam Houston State UniversityHuntsville, TXGovtResearch Grants$49,268
North Carolina State UniversityRaleigh, NCGovtResearch Grants$47,801
Trustees of Tufts CollegeMedford, MA501(c)(3)Research Grants$45,748
University of Connecticut Health CenterFarmington, CTGovtResearch Grants$37,304
Baylor College of MedicineHouston, TX501(c)(3)Research Grants$35,000
Cedars-sinai Medical CenterLos Angeles, CA501(c)(3)Research Grants$35,000
Indiana UniversityBloomington, INGovtResearch Grants$35,000
Medstar Health Research Institute IncBoston, MA501(c)(3)Research Grants$35,000
THE CHILDREN'S HOSPITAL OF PHILADELPHIAPhiladelphia, PA501(c)(3)Research Grants$35,000
The Brigham & Womens Hospital IncBoston, MA501(c)(3)Research Grants$35,000
The Feinstein Institutes for Medical ResearchWestbury, NY501(c)(3)Research Grants$35,000
University of North Carolina-chapel HillChapel Hill, NCGovtResearch Grants$35,000
University of WashingtonSeattle, WAGovtResearch Grants$34,442
The Ohio State UniversityColumbus, OHGovtResearch Grants$30,000
American Osteopathic FoundationChicago, IL501(c)(3)Research Grants$25,000
Board of Regents U of Wisconsin SystemMadison, WIGovtResearch Grants$25,000
Emory UniversityAtlanta, GA501(c)(3)Research Grants$25,000
Medical College of WisconsinMilwaukee, WI501(c)(3)Research Grants$25,000
Purple Health Foundation IncNew York, NY501(c)(3)Research Grants$25,000
University of UtahSalt Lake City, UTGovtResearch Grants$25,000
The University of Texas at San AntonioSan Antonio, TXGovtResearch Grants$14,801

International Summary

Offices
0
Employees
5
Spending
$333,771,904

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestmentsRadiation Effects00$311,606,757
Sub-saharan AfricaInvestments-00$17,990,446
Europe (including Iceland & Greenland)Grantmaking-00$2,741,126
East Asia and the PacificProgram Services-05$1,307,646
East Asia and the PacificGrantmaking-00$55,340
Russia and Neighboring StatesGrantmaking-00$43,789
North AmericaGrantmaking-00$16,250
Sub-saharan AfricaGrantmaking-00$9,900
South AmericaGrantmaking-00$400
South AsiaGrantmaking-00$250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$34,783
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held on Behalf of Others$14,043,852
Other Liabilities$7,873,416
Accrued Employee Benefits$3,854,217
Accrued Lease Liability$2,829,523
Derivative Liability$437,651

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADistrict of Columbia2019-08-01$57,100,000Refund series 2008a bonds
CDistrict of Columbia2017-12-21$52,760,000Partial refund series 2010a bonds
BDistrict of Columbia2017-05-01$46,770,000Refund series 2009a bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$66,325,000---
C$52,760,000---
B$52,120,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

Part-time officers' compensation for the vice president, treasurer, international secretary and home secretary, time estimates are based on a percentage level of effort, which ranges between 25% and 50%. Nas reimburses each part-time officer's home institution for the applicable percentage of salary paid by the home institution.

Form 990, Part VI, Section A, Line 6

Members or stockholders the organization is a private membership organization. The nas constitution. Provides that the academy shall consist of members, members emeriti and international associates. Members of nas are elected by the members in recognition of their distinguished and continuing achievements in original research. The officers of the academy are chosen from the membership, and amendments to the organization's constitution and bylaws, and election of new members, officers, and council members require a vote of the members. The officers of the organization, together with twelve members to be elected, shall constitute the national academy of sciences (nas) council for the transaction of such business as may be assigned to it by the constitution, bylaws, or the membership. The nas council has general supervision over the election of the officers of the organization, and shall set the date for election and appointing nominating committees. The nas council may delegate its authority to appropriate officials of the organization except with respect to those authorities concerning membership affairs.

Form 990, Part VI, Section A, Line 7A

Please see form 990, part vi, section a, line 6 narrative.

Form 990, Part VI, Section A, Line 7B

Please see form 990, part vi, section a, line 6 narrative.

Form 990, Part VI, Section B, Line 11B

Form 990 review process the draft 990 is prepared by the office of the chief financial officer. It is reviewed by the office of general counsel and an external tax advisor before being reviewed by the auditing committee. The final form is then provided to the nas council prior to filing.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy monitoring and enforcement annually, the general counsel leads a discussion at a meeting of officers and council members at which the conflict of interest policy is reviewed. Officers and council members are asked to sign a statement that they will abide by the organization's conflict of interest policies and procedures. Officers, council members, and key employees are asked to complete an annual questionnaire regarding certain business transactions that could potentially result in a conflict of interest.

Form 990, Part VI, Section B, Line 15

Process of determining compensation compensation decisions for all disqualified persons as defined in irc section 4958 are made annually by an executive compensation committee composed of independent members on the basis of executive compensation compatibility data, including a market compensation survey conducted by the office of human resources that reviews the compensation of the heads of the leading universities and chief executive officers of similar organizations. There is a record of the executive compensation committee's deliberations and decisions. Compensation decisions are made annually for other key and high paid employees by senior staff on the basis of comparibility data.

Form 990, Part VI, Section C, Line 19

How documents are made available to the public nas makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The governing documents and annual financial statements are also available on the organization's website.

PART VII, SECTION A:

Huda akil received compensation of $37,500 in her capacity as an associate editor and later for services as interim editor-in-chief of the proceedings of the national academy of sciences (pnas), a science journal published by the organization. This compensation is unrelated to her service on the nas council. Angela gronenborn received compensation of $15,000 in her capacity as an associate editor of pnas, a science journal published by the organization. This compenation is unrelated to her service on the nas council. Karen c. Seto received compensation of $50,000 in her capacity as the chair of the policy and global affairs division (pga). This compensation is unrelated to her service on the nas council.

Filing and Contact Details

Filer

Filer Name
National Academy of Sciences
EIN
53-0196932
Phone
2023343003
Address
2101 CONSTITUTION AVENUE NW, WASHINGTON, DC 20418-0007

Signing Officer

Name
Ebun Johnson
Title
CFO
Phone
2023343003
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcia Mcnutt
Formed
1863
Legal Domicile
Dc
Voting Board Members
17
Independent Board Members
10
Employees
1,381
Volunteers
7,304

Preparer

Firm
Grant Thornton Advisors LLC
Address
1000 WILSON BLVD SUITE 1500, ARLINGTON, VA 22209
Preparer
Mary Torretta
Phone
7038477500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Rwbp actuarial valuation adj 3,178,880. Unrealized gain on derivatives 332,991. Unrealized gain on charitable gift annuities 136,152. Change in donor intent -10,330,298.

Financial Statement Notes

PART V, LINE 4:

Use of endowment funds earnings from the endowment are used to further the exempt purposes of the organization.

PART X, LINE 2:

Liability for uncertain tax position nas has determined that there are no material unrelated business activities or uncertain tax positions that require recognition or disclosure in the accompanying financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 16,326,375. Unrealized gain or (loss) on derivatives 332,991. Rental expense 461,660. Unrealized gain or (loss) on charitable gift annuities 136,152.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 16,326,375. Rental expense 461,660. Rwbp actuarial valuation adj -3,178,880.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT (END 10/28/24)

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