TY 2023 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

A For the 2023 calendar year, or tax year beginning 10-01-2023 , and ending 09-30-2024

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
SMITHSONIAN INSTITUTION

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
600 MARYLAND AVENUE SW

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20024

D Employer identification number

53-0206027

E Telephone number

G Gross receipts $ 2,600,445,831

F Name and address of principal officer:
LONNIE G BUNCH III
600 MARYLAND AVENUE SW
WASHINGTON,DC20024

Tax-exempt status: 501(c)(3) 501(c) ( ) (insert no.) 4947(a)(1) or 527

Website:

WWW.SI.EDU

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

K Form of organization: Corporation Trust Association Other

L Year of formation: 1846

M State of legal domicile:

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: "INCREASE AND DIFFUSION OF KNOWLEDGE" IS THE MISSION SET FORTH BY JAMES SMITHSON.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	17
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	17
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	7,367
6	Total number of volunteers (estimate if necessary) .............	6	92,082
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	10,902,427
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	1,639,379,712	1,635,380,759
9	Program service revenue (Part VIII, line 2g) .........	110,685,734	109,329,317
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	59,876,906	133,422,298
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	66,600,225	77,487,579
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,876,542,577	1,955,619,953
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	16,736,496	18,009,379
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	799,079,583	818,104,328
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	1,783,493	1,698,922
b	Total fundraising expenses (Part IX, column (D), line 25) 88,739,405
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	784,197,474	841,305,688
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,601,797,046	1,679,118,317
19	Revenue less expenses. Subtract line 18 from line 12.......	274,745,531	276,501,636
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	7,198,888,846	7,566,256,722
21	Total liabilities (Part X, line 26).............	1,509,141,868	1,432,391,712
22	Net assets or fund balances. Subtract line 21 from line 20.....	5,689,746,978	6,133,865,010

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

May the IRS discuss this return with the preparer shown above? See Instructions. ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2023)

Form 990 (2023)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: *INCREASE AND DIFFUSION OF KNOWLEDGE* IS THE MISSION SET FORTH BY JAMES SMITHSON. THE SMITHSONIAN ENDEAVORS TO SHAPE THE FUTURE BY PRESERVING OUR HERITAGE, DISCOVERING NEW KNOWLEDGE, AND SHARING OUR RESOURCES WITH THE WORLD.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 444,451,952 including grants of $ 4,570,886 ) (Revenue $ 47,495,062 )
	EDUCATION, PUBLIC PROGRAMS AND EXHIBITIONS (SEE SCHEDULE O)

4b	(Code: ) (Expenses $ 708,280,970 including grants of $ 13,438,493 ) (Revenue $ 54,454,823 )
	RESEARCH AND COLLECTIONS (SEE SCHEDULE O)

4c	(Code: ) (Expenses $ 123,994,076 including grants of $ ) (Revenue $ 53,527,412 )
	MEMBERSHIP (SEE SCHEDULE O)

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses1,276,726,998

Form 990 (2023)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A Click to see attachment

List of Attached Documents:

// Content

.....................

Yes

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

List of Attached Documents:

// Content

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Yes

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Yes

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......

Yes

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Yes

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Yes

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Yes

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

// Content

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV..... Click to see attachment

List of Attached Documents:

// Content

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. .... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III................... Click to see attachment

List of Attached Documents:

// Content

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Yes

Form 990 (2023)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a............... Click to see attachment

List of Attached Documents:

// Content

24a

Yes

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I .... Click to see attachment

List of Attached Documents:

// Content

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I....................... Click to see attachment

List of Attached Documents:

// Content

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II Click to see attachment

List of Attached Documents:

// Content

...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III Click to see attachment

List of Attached Documents:

// Content

.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV...................... Click to see attachment

List of Attached Documents:

// Content

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV..... Click to see attachment

List of Attached Documents:

// Content

28b

Yes

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M.. Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M ................. Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

Yes

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ... Click to see attachment

List of Attached Documents:

// Content

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment

List of Attached Documents:

// Content

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

3,785

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Form 990 (2023)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

7,367

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

Yes

If "Yes," enter the name of the foreign country: GB , PM
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

Yes

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Yes

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Yes

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2023)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
OFFICE OF FINANCE & ACCOUNTINGPO BOX 37012 WASHINGTON,DC200137012 (202) 633-5386

Form 990 (2023)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) HONORABLE JOHN G ROBERTS JR...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(2) HONORABLE KAMALA D HARRIS...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(3) HONORABLE JOHN BOOZMAN...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(4) HONORABLE CATHERINE CORTEZ MASTO...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(5) HONORABLE GARY PETERS...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(6) HONORABLE GARRET GRAVES...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(7) HONORABLE DORIS MATSUI...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(8) HONORABLE ADRIAN SMITH...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(9) HONORABLE BARBARA M BARRETT...................................................................... REGENT	3.00 ................. 0.00	X	0	0	0
(10) MS TONI BUSH...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(11) MR JOHN FAHEY...................................................................... REGENT	3.00 ................. 0.00	X	0	0	0
(12) MR ROGER W FERGUSON JR...................................................................... REGENT	3.00 ................. 0.00	X	0	0	0
(13) MR MICHEAL GOVAN...................................................................... REGENT	3.00 ................. 0.00	X	0	0	0
(14) DR RISA J LAVIZZO-MOUREY...................................................................... REGENT	3.00 ................. 0.00	X	0	0	0
(15) MR MICHAEL M LYNTON...................................................................... REGENT	3.00 ................. 0.00	X	0	0	0
(16) MS DENISE M O'LEARY...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0
(17) MR FRANKLIN D RAINES...................................................................... REGENT	2.00 ................. 0.00	X	0	0	0

Form 990 (2023)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)					(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) MR LONNIE G BUNCH III........................................................................ SECRETARY OF THE SMITHSONIAN	50.00 .......................0.00	X				915,469	0	74,097
(19) MEROE PARK........................................................................ DEPUTY SECRETARY & COO	50.00 .......................0.00	X				613,661	0	49,924
(20) RONALD CORTEZ........................................................................ UNDER SEC FOR FIN/ADMIN & CFO	50.00 .......................0.00	X				482,777	0	76,133
(21) PORTER WILKINSON........................................................................ CHIEF OF STAFF TO THE REGENTS	50.00 .......................0.00	X				253,749	0	36,039
(22) FARLEIGH EARHART........................................................................ GENERAL COUNSEL (ACTING)	50.00 .......................0.00	X				222,203	0	26,362
(23) JOAN MOCKERIDGE........................................................................ INSPECTOR GENERAL (ACTING)	50.00 .......................0.00	X				205,308	0	35,434
(24) JENNIFER MCINTYRE........................................................................ CHIEF LEGAL OFFICER	50.00 .......................0.00	X				0	0	0
(25) NICOLE ANGARELLA........................................................................ INSPECTOR GENERAL	50.00 .......................0.00	X				0	0	0
(26) AMY CHEN........................................................................ CHIEF INVESTMENT OFFICER	50.00 .......................0.00		X			1,147,877	0	50,140
(27) ROBERT SPILLER........................................................................ ASSISTANT SECRETARY FOR ADVANCEMENT	50.00 .......................0.00		X			443,009	0	88,679
(28) KEVIN GOVER........................................................................ UNDER SEC FOR HISTORY & CULTURE	50.00 .......................0.00		X			439,538	0	76,133
(29) ELLEN STOFAN........................................................................ UNDER SEC FOR SCIENCE & RESEARCH	50.00 .......................0.00		X			438,975	0	70,662
(30) JULISSA MARENCO........................................................................ ASST SEC. FOR COMM/EXT AFFAIRS & CMO	50.00 .......................0.00		X			301,376	0	71,847
(31) DEREK ROSS........................................................................ DIR, OFC OF PLNG, DSGN & CONST	50.00 .......................0.00		X			226,105	0	35,761
(32) CAROL LEBLANC........................................................................ PRESIDENT, SMITHSONIAN ENTERPRISES	50.00 .......................0.00		X			530,461	0	71,065
(33) JEFFREY SMITH........................................................................ INVESTMENT OFFICER	50.00 .......................0.00			X		699,892	0	83,045
(34) MICHAEL GIOVENCO........................................................................ INVESTMENT OFFICER	50.00 .......................0.00			X		647,978	0	50,448
(35) RYAN DOTSON........................................................................ INVESTMENT OFFICER	50.00 .......................0.00			X		573,416	0	83,296
(36) MELISSA CHIU........................................................................ DIR, HIRSHHORN MUSEUM & SCULPTUE GARDEN	50.00 .......................0.00			X		459,518	0	73,135
(37) CHASE ROBINSON........................................................................ DIR SACKLER GALLERY/FREER	50.00 .......................0.00			X		456,096	0	59,781
(38) CATHY HELM THRU 90123........................................................................ FMR, INSPECTOR GENERAL	50.00 .......................0.00				X	273,332	0	18,574
(39) JUDITH LEONARD THRU 30123........................................................................ FMR, GENERAL COUNSEL	50.00 .......................0.00				X	162,095	0	19,850
(40) RICHARD KURIN THRU 93019........................................................................ FMR, SR. SCHOLAR AND AMB-AT-LARGE	50.00 .......................0.00				X	365,110	0	73,204
(41) ZULLY DORR THRU 093019........................................................................ FMR, ACTING ASST SEC. FOR ADVANCEMENT	50.00 .......................0.00				X	244,297	0	59,498
(42) DOUGLAS HALL THRU 93022........................................................................ FMR, ACTING UNDER SEC. FOR ADMINISTR	50.00 .......................0.00				X	210,307	0	33,913
(43) CHARLES ALCOCK THRU 123120........................................................................ FMR DIR, HARVARD-SMITHSONIAN CENTER	50.00 .......................0.00				X	176,054	0	22,083
(44) ROGER BRISSENDEN THRU 33121........................................................................ FMR, ACTING UNDER SEC. FOR SCI & RSC	50.00 .......................0.00				X	195,182	0	0
(45) NANCY BECHTOL THRU 123022........................................................................ FMR DIR, SMITHSONIAN FACIILITIES	50.00 .......................0.00				X	104,371	0	1,948
(46) ERA MARSHALL THRU 93019........................................................................ FMR DIR, EQUAL EMPLOYMENT & SUPPLIER DIVERSITY	50.00 .......................0.00				X	134,535	0	1,759

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	10,922,691	0	1,342,810

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 2,114

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
CLARKSMOOTCONSIGLI A JOINT VENTURE 7500 OLD GEORGETOWN RD BETHESDA,MD20814	CONSTRUCTION	108,174,831
UNIVERSAL PROTECTION SERVICE LP 1551 N TUSTIN AVE SANTA ANA,CA927058664	SECURITY	25,426,334
TC PENNSY DRIVE LLC 444 MADISON AVENUE 18TH FLOOR NEW YORK,NY100226903	REAL ESTATE	8,546,812
DELL MARKETING LP 1 DELL WAY ROUND ROCK,TX78682	MARKETING	4,688,215
100 DISCOVERY PARK DE LLC 116 HUNTINGTON AVE BOSTON,MA02116	REAL ESTATE	4,114,114
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 156

Form 990 (2023)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a	31,588
b	Membership dues..		1b	25,916,774
c	Fundraising events..		1c	2,280,180
d	Related organizations		1d
e	Government grants (contributions)		1e	1,391,267,669

f	All other contributions, gifts, grants, and similar amounts not included above		1f	215,884,548

g	Noncash contributions included in lines 1a - 1f:$		1g	150,028,521

h Total. Add lines 1a-1f.......		1,635,380,759

		Business Code
2a	VISITORS & MEMBERSHIPS	900099	60,310,664	43,382,038	52,452	16,876,174
b	TOURS/CLASSES	900099	25,477,486	24,252,320	1,225,166
c	SUBSCRIPTIONS-MAGAZINE	513120	20,729,190	18,034,932	2,694,258
d	SPONSORSHIP INCOME	900099	1,442,039	1,442,039
e	THEATER INCOME	512000	1,261,479	663,339	598,140
f	All other program service revenue.		108,459	108,459
g	Total. Add lines 2a–2f .....		109,329,317

3 Investment income (including dividends, interest, and othersimilar amounts) ......			38,156,848		43,697	38,113,151
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........			16,640,724			16,640,724
			(i) Real	(ii) Personal
6a	Gross rents	6a	11,819,364
b	Less: rental expenses	6b	2,430,335
c	Rental income or (loss)	6c	9,389,029
d	Net rental income or (loss).......			9,389,029			9,389,029
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	708,860,836	13,510
b	Less: cost or other basis and sales expenses	7b	613,608,896	0
c	Gain or (loss)	7c	95,251,940	13,510
d	Net gain or (loss).........			95,265,450	13,510		95,251,940
8a	Gross income from fundraising events (not including $ 2,280,180of contributions reported on line 1c). See Part IV, line 18 ....
			8a	265,639
b	Less: direct expenses ...		8b	1,230,997
c	Net income or (loss) from fundraising events..			-965,358			-965,358
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	69,653,814
b	Less: cost of goods sold ..		10b	27,555,650
c	Net income or (loss) from sales of inventory..			42,098,164	42,098,164

Business Code
11a	MAG/WEBSITE ADVERTISIN		541800	6,288,714		6,288,714
b	INTERCOMPANY REVENUE		900099	4,013,451	4,013,451
c	MISCELLANEOUS REVENUE		900099	22,855	22,855
d	All other revenue ....
e	Total. Add lines 11a–11d ......			10,325,020
12	Total revenue. See instructions.....			1,955,619,953	134,031,107	10,902,427	175,305,660

Form 990 (2023)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	599,615	599,615
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	13,800,101	13,800,101
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	3,609,663	3,609,663
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	10,174,936	2,335,705	7,301,999	537,232
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	2,096,112	831,632	960,685	303,795
7	Other salaries and wages........	594,434,884	483,076,802	73,507,000	37,851,082
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	75,606,014	42,523,616	33,063,262	19,136
9	Other employee benefits .......	122,064,113	91,578,534	20,187,960	10,297,619
10	Payroll taxes ...........	13,728,269	182,223	13,532,678	13,368
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	1,010,874	501,009	265,908	243,957
c	Accounting ...........	1,220,987		1,220,987
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17	1,698,922			1,698,922
f	Investment management fees ......	4,992,773		4,992,773
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	279,954,392	210,816,099	48,738,393	20,399,900
12	Advertising and promotion ....	3,441,712	2,393,929	120,349	927,434
13	Office expenses .......	43,322,992	31,579,254	6,128,161	5,615,577
14	Information technology ......	69,637,175	30,599,681	37,338,714	1,698,780
15	Royalties ..	255,750	213,878	41,482	390
16	Occupancy ...........	97,967,573	85,359,184	11,328,958	1,279,431
17	Travel ............	18,239,688	16,119,357	856,626	1,263,705
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	4,845,009	3,822,570	892,206	130,233
20	Interest ...........	8,916,525	588,896	8,165,899	161,730
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	198,184,305	159,300,544	38,467,574	416,187
23	Insurance ...	2,732,344	872,200	1,856,412	3,732
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	PROGRAM PRODUCTION	61,337,791	55,289,437	236,286	5,812,068
b	RESEARCH/SUBCONTRACT	34,446,116	34,443,351	2,735	30
c	EQUIPMENT	6,016,586	6,289,718	-338,229	65,097
d	UNRELATED BUS. INC. TAX	4,783,096		4,783,096	0
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	1,679,118,317	1,276,726,998	313,651,914	88,739,405
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2023)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			861,134,110	1	903,030,111
2	Savings and temporary cash investments .........			353,902,694	2	307,021,334
3	Pledges and grants receivable, net ......			290,649,838	3	241,902,020
4	Accounts receivable, net .............			15,291,418	4	16,355,514
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			15,619,432	8	16,587,991
9	Prepaid expenses and deferred charges ......			8,701,099	9	9,876,297
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	6,399,090,686
b	Less: accumulated depreciation	10b	3,314,999,656	2,962,397,098	10c	3,084,091,030
11	Investments—publicly traded securities .			1,426,646	11	1,160,582
12	Investments—other securities. See Part IV, line 11 .....			2,607,781,410	12	2,889,536,036
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............			70,336,620	14	84,834,443
15	Other assets. See Part IV, line 11 ...........			11,648,481	15	11,861,364
16	Total assets. Add lines 1 through 15 (must equal line 33)...			7,198,888,846	16	7,566,256,722

17	Accounts payable and accrued expenses .....	270,834,736	17	263,532,744
18	Grants payable ...		18
19	Deferred revenue .........	750,396,555	19	664,569,014
20	Tax-exempt bond liabilities .........	88,810,231	20	89,870,749
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..	344,446,027	23	342,961,162
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	54,654,319	25	71,458,043
26	Total liabilities. Add lines 17 through 25..	1,509,141,868	26	1,432,391,712

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	3,066,495,491	27	3,352,818,104
28	Net assets with donor restrictions ...........	2,623,251,487	28	2,781,046,906
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	5,689,746,978	32	6,133,865,010
33	Total liabilities and net assets/fund balances ........	7,198,888,846	33	7,566,256,722

Form 990 (2023)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

1,955,619,953

Total expenses (must equal Part IX, column (A), line 25) ............

1,679,118,317

Revenue less expenses. Subtract line 2 from line 1 ..............

276,501,636

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

5,689,746,978

Net unrealized gains (losses) on investments ...............

167,422,028

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

194,368

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

6,133,865,010

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?

Yes

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Yes

Form 990 (2023)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2023

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	1,308,610,079	1,527,783,787	1,440,330,179	1,639,379,712	1,635,380,758	7,551,484,515
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3	1,308,610,079	1,527,783,787	1,440,330,179	1,639,379,712	1,635,380,758	7,551,484,515
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..						41,319,294
6	Public support. Subtract line 5 from line 4.						7,510,165,221

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
7	Amounts from line 4..	1,308,610,079	1,527,783,787	1,440,330,179	1,639,379,712	1,635,380,758	7,551,484,515
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	30,305,042	23,458,833	31,893,398	42,557,942	66,576,239	194,791,454
9	Net income from unrelated business activities, whether or not the business is regularly carried on..	1,442,506	861,724	494,916	50,222	3,012,252	5,861,620
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..	29,009,345	15,067,957	48,833,252	71,845,329	17,141,813	181,897,696
11	Total support. Add lines 7 through 10						7,934,035,285

Gross receipts from related activities, etc. (see instructions) ..................

602,310,544

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2023 (line 6, column (f) divided by line 11, column (f)) .........

94.660 %

Public support percentage for 2022 Schedule A, Part II, line 14 ...............

94.150 %

16a

33 1/3% support test—2023. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2022. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2023

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2023 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2022 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2023 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2022 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2023. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3 % support tests—2022. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2023

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2023

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2023

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2023

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2023 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2023	(iii) Distributable Amount for 2023
1 Distributable amount for 2023 from Section C, line 6
2 Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2023:
a From 2018.......
b From 2019.......
c From 2020.......
d From 2021.......
e From 2022.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2023 distributable amount
i Carryover from 2018 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2023 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2023 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2024. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2019.....
b Excess from 2020.....
c Excess from 2021.....
d Excess from 2022.....
e Excess from 2023.....

Schedule A (Form 990) (2023)

Schedule A (Form 990) 2023

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Name of the organization

SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2023)

Schedule B (Form 990) (2023) Page 2

Name of organization SMITHSONIAN INSTITUTION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 3

Name of organization SMITHSONIAN INSTITUTION		Employer identification number 53-0206027

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 4


Name of organization SMITHSONIAN INSTITUTION			Employer identification number 53-0206027
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.

			Held at the End of the Year
a	Total number of conservation easements ......................	2a	1
b	Total acreage restricted by conservation easements ....................	2b	88.25
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2022

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	2,424,110,345	2,323,063,719	2,332,513,197	1,937,754,681	1,713,248,540
b	Contributions ...	74,733,168	168,176,189	55,461,423	50,779,878	35,816,167
c	Net investment earnings, gains, and losses	267,832,674	33,071,913	-177,127,991	626,775,984	270,503,159
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...	112,452,629	97,227,935	84,916,966	79,750,157	76,885,815
f	Administrative expenses ....	3,145,853	2,973,540	2,865,944	3,047,189	4,927,370
g	End of year balance ......	2,651,077,705	2,424,110,346	2,123,063,719	2,532,513,197	1,937,754,681

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

40.000 %

Permanent endowment right arrow

29.000 %

Term endowment right arrow

31.000 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	32,818,456		32,818,456
b	Buildings ....	5,607,490,234	2,771,328,885	2,836,161,349
c	Leasehold improvements	139,554,931	113,940,451	25,614,480
d	Equipment ....	333,230,026	293,630,072	39,599,954
e	Other .....	285,997,039	136,100,248	149,896,791
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				3,084,091,030

Schedule D (Form 990) 2022

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3) Other (A) SECURITIES-ENDOWMENT CONSOLIDATED	2,622,913,530	F
(B) SECURITIES-SHORT-TERM	75,372,888	F
(C) SECURITIES-GIFT ANNUITY PROGRAM	26,520,259	F
(D) SECURITIES-MID TERM	137,725,765	F
(E) SECURITIES-ENDOWMENT US TREAS	986,307	F
(F) SECURITIES-ACCRUED ENDOWMENT	26,017,287	F
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	2,889,536,036

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
OTHER ACCRUED LIABILITIES	1,432,130
BOND INTEREST PAYABLE	561,405
OTHER LIABILITIES	345,486
ESTIMATED ENVIRONMENTAL REMEDIATION OBLIGATION	69,119,022





Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	71,458,043
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2022

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	2,219,914,124
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	167,422,028
b	Donated services and use of facilities .........	2b	12,194,240
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d	50,898,484
e	Add lines 2a through 2d .....................			2e	230,514,752
3	Subtract line 2e from line 1..................			3	1,989,399,372
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	-4,992,773
b	Other (Describe in Part XIII.) ...........	4b	-28,786,646
c	Add lines 4a and 4b....................			4c	-33,779,419
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	1,955,619,953

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	1,775,796,094
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a	12,194,240
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................			2e	12,194,240
3	Subtract line 2e from line 1...................			3	1,763,601,854
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	-4,992,773
b	Other (Describe in Part XIII.) ...........	4b	-79,490,764
c	Add lines 4a and 4b.....................			4c	-84,483,537
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	1,679,118,317

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART II, LINE 3:	SMITHSONIAN INSTITUTION DID NOT MODIFY, TRANSFER, RELEASE, EXTINGUISH OR TERMINATE ANY CONSERVATION EASEMENTS DURING THE YEAR. PART II, LINE 6: THE SMITHSONIAN ENVIRONMENTAL RESEARCH CENTER (SERC) IS LOCATED ON 2,650 ACRES OF LAND ON THE CHESAPEAKE BAY IN SOUTHERN MARYLAND SPANNING FORESTS, WETLANDS, MARSHES, AND 12 MILES OF PROTECTED SHORELINE. THE SITE SERVES AS A NATURAL LABORATORY FOR LONG-TERM AND CUTTING-EDGE ECOLOGICAL RESEARCH. THE SMITHSONIAN HAS A CONSERVATION EASEMENT ASSOCIATED WITH PROPERTY THAT IS IMMEDIATELY ADJACENT TO SERC LAND OWNED BY THE INSTITUTION. FACILITIES AND SECURITY STAFF VISIT THE AREA REGULARLY AND ARE THUS ABLE TO REPORT ANY UNUSUAL ACTIVITY ON THE LAND SUBJECT TO THE EASEMENT. THE ORGANIZATION DOES NOT SEPARATELY TRACK THE HOURS AND EXPENSES ASSOCIATED WITH MONITORING THE PROPERTY RELATED TO THE EASEMENT.
PART II, LINE 9:	THE SMITHSONIAN INSTITUTION'S CONSERVATION EASEMENT DOES NOT APPEAR IN THE INSTITUTION'S AUDITED FINANCIAL STATEMENTS.
PART III, LINE 1A:	IN CONFORMITY WITH THE PRACTICE GENERALLY FOLLOWED BY MUSEUMS, NO VALUE IS ASSIGNED TO THE COLLECTIONS IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECOGNIZED AS REDUCTIONS IN NET ASSETS WITHOUT DONOR RESTRICTION IN THE PERIOD OF ACQUISITION. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES FOR LOST OR DESTROYED COLLECTION ITEMS ARE RECOGNIZED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS AND ARE DESIGNATED FOR FUTURE COLLECTION ACQUISITIONS, CARE, AND MAINTENANCE.
PART III, LINE 4:	THE ACQUISITION, PRESERVATION, MANAGEMENT, AND STUDY OF COLLECTIONS ARE FUNDAMENTAL TO THE SMITHSONIAN'S MISSION TO INCREASE AND DIFFUSE KNOWLEDGE AND HAVE BEEN THE FOUNDATION UPON WHICH IT RESTS. SMITHSONIAN COLLECTIONS ARE A NATIONAL AND GLOBAL RESOURCE ACCESSED EACH YEAR BY MILLIONS OF VISITORS AND RESEARCHERS WHO USE TRADITIONAL METHODS AND CUTTING-EDGE TECHNOLOGIES TO EXPLORE SUBJECTS FROM AERONAUTICS TO ZOOLOGY. THROUGH ITS COLLECTIONS, THE SMITHSONIAN PRESENTS THE ASTONISHING RECORD OF AMERICAN AND INTERNATIONAL ARTISTIC, HISTORICAL, CULTURAL, AND SCIENTIFIC ACHIEVEMENT, WITH A SCOPE AND DEPTH NO OTHER INSTITUTION IN THE WORLD CAN MATCH. SMITHSONIAN COLLECTIONS CONTRIBUTE TO POPULATION RECOVERY OF ENDANGERED SPECIES, ADVANCES IN REPRODUCTIVE BIOLOGY, GENOME RESOURCE BANKING, MEDICAL RESEARCH, FORENSIC ANALYSIS, BIO-SECURITY, AND CONSERVATION POLICY WORLDWIDE. ASSEMBLED OVER MORE THAN 175 YEARS, THE COLLECTIONS ARE CENTRAL TO THE CORE ACTIVITIES AND TO THE VITALITY AND SIGNIFICANCE OF THE SMITHSONIAN.
PART V, LINE 4:	THE ENDOWMENT INCLUDES APPROXIMATELY 700 INDIVIDUAL ENDOWMENT FUNDS. THE ENDOWMENT PROVIDES STABLE FINANCIAL SUPPORT FOR SCHOLARSHIP, RESEARCH ACTIVITIES, OTHER PROGRAMS, ACQUISITIONS OF COLLECTIONS AND OTHER INSTITUTIONAL ACTIVITIES. IT PLAYS A CRITICAL ROLE IN ENABLING THE INSTITUTION TO ACHIEVE ITS MISSION - "THE INCREASE AND DIFFUSION OF KNOWLEDGE." THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF REGENTS TO FUNCTION AS ENDOWMENTS. CLASSIFICATION AND REPORTING OF NET ASSETS ASSOCIATED WITH THE ENDOWMENT REFLECT DONOR-IMPOSED RESTRICTIONS.
PART X, LINE 2:	FIN 48 (ASC 740) FOOTNOTE THE SMITHSONIAN ACCOUNTS FOR UNCERTAIN TAX POSITIONS, WHEN APPLICABLE. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE ARE FROM THE YEAR 2020 AND FORWARD.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	IMPUTED REVENUE 50,704,117. GAIN ON SALE OF COLLECTIONS 194,367.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	DIRECT FUNDRAISING EXPENSE -1,230,996. DIRECT EXPENSES COGS -27,555,650.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	DIRECT EXPENSES COGS -27,555,650. IMPUTED REVENUE -50,704,117. DIRECT FUNDRAISING EXPENSE -1,230,997.

Schedule D (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right arrow

Attach to Form 990. Right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization
SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	SUB-SAHARAN AFRICA	ACADEMIC APPOINTMENT		51,211
	NORTH AMERICA	ACADEMIC APPOINTMENT		279,314
	EAST ASIA AND THE PACIFIC	ACADEMIC APPOINTMENT		389,198
	EUROPE	ACADEMIC APPOINTMENT		844,211
	CENTRAL AMERICA AND CARIBBEAN	ACADEMIC APPOINTMENT		1,148,976
	SOUTH AMERICA	ACADEMIC APPOINTMENT		797,733
	SOUTH ASIA	ACADEMIC APPOINTMENT		58,490
	MIDDLE EAST AND N. AFRICA	ACADEMIC APPOINTMENT		18,130
	SUB-SAHARAN AFRICA	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	1,066,314
	NORTH AMERICA	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	442,192
	ANTARTICA	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	15
	EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	1,729,530
	EUROPE	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	2,363,176
	CENTRAL AMERICA AND CARIBBEAN	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	955,951
	SOUTH AMERICA	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	487,197
	SOUTH ASIA	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	99,758
	MIDDLE EAST AND N. AFRICA	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	255,447
	RUSSIA AND NEIGHBORING STATES	PROGRAM SERVICES	TRAVEL, RELATED TO RESEARCH, CONFERENCES, AND TRAINING	24,479
	CENTRAL AMERICA AND CARIBBEAN	INVESTMENTS		1,180,461,673
	NORTH AMERICA	INVESTMENTS		5,573,814
	EUROPE	INVESTMENTS		175,910,504
	SUB-SAHARAN AFRICA	INVESTMENTS		39,933,775
3a	Sub-total ....			3,587,263
b	Total from continuation sheets to Part I ...			1,409,303,825
c	Totals (add lines 3a and 3b)			1,412,891,088

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2023

Schedule F (Form 990) 2023

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

1 (a) Name of organization		(b) IRS code section and EIN (if applicable)	(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of noncash assistance	(h) Description of noncash assistance	(i) Method of valuation (book, FMV, appraisal, other)

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......
3	Enter total number of other organizations or entities .......................

Schedule F (Form 990) 2023

Schedule F (Form 990) 2023Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

	(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement
ACADEMIC APPOINTMENT STIPENDS	NORTH AMERICA	24	279,314	DIRECT DEPOSIT AND CHECKS
ACADEMIC APPOINTMENT STIPENDS	SUB-SAHARAN AFRICA	6	51,211	DIRECT DEPOSIT AND CHECKS
ACADEMIC APPOINTMENT STIPENDS	SOUTH ASIA	6	58,490	DIRECT DEPOSIT AND CHECKS
ACADEMIC APPOINTMENT STIPENDS	EAST ASIA AND THE PACIFIC	23	389,198	DIRECT DEPOSIT AND CHECKS
ACADEMIC APPOINTMENT STIPENDS	RUSSIA AND NEIGHBORING STATES	1	22,400	DIRECT DEPOSIT AND CHECKS
ACADEMIC APPOINTMENT STIPENDS	EUROPE (INCLUDING ICELAND AND GREENLAND)	67	844,211	DIRECT DEPOSIT AND CHECKS
ACADEMIC APPOINTMENT STIPENDS	CENTRAL AMERICA AND THE CARIBBEAN	129	1,148,976	DIRECT DEPOSIT AND CHECKS
ACADEMIC APPOINTMENT STIPENDS	SOUTH AMERICA	214	797,733	DIRECT DEPOSIT AND CHECKS

Schedule F (Form 990) 2023

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2023

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation
PART I, LINE 2:	THE OFFICE OF ACADEMIC APPOINTMENTS AND INTERNSHIPS HAS CENTRAL MANAGEMENT AND ADMINISTRATIVE RESPONSIBILITY FOR THE SMITHSONIAN PROGRAMS OF RESEARCH FELLOWSHIPS AND OTHER ACADEMIC APPOINTMENTS FOR UNDERGRADUATE, GRADUATE STUDENTS, POSTDOCTORAL AND SENIOR SCHOLARS. THE SMITHSONIAN INSTITUTION FELLOWSHIP PROGRAM IS A COMPETITIVE FELLOWSHIP PROGRAM FOR GRADUATE AND POSTDOCTORAL FELLOWS, WHO APPLY TO CONDUCT RESEARCH AT THE INSTITUTION WITH RESEARCH STAFF SERVING AS ADVISORS. THE REVIEW PROCESS IS MADE UP OF DISCIPLINARY COMMITTEES COMPRISED OF THE INSTITUTION'S STAFF WHO EVALUATE THE CANDIDATES AND THEN SELECT THE FELLOWS. THERE ARE OTHER COMPETITIVE AND NON-COMPETITIVE FELLOWSHIPS FOR VISITING SCHOLAR AND STUDENT APPOINTEES SELECTED THROUGH THE SMITHSONIAN UNITS THAT GO THROUGH A VARIETY OF OTHER SELECTION PROCESSES BEFORE AN AWARD IS MADE. AN OFFICIAL LETTER/AGREEMENT IS PROVIDED TO EACH AWARD RECIPIENT IDENTIFYING THE AWARD TITLE, DATES OF TENURE, STIPEND ALLOWANCES, AND REQUIRED RESPONSIBILITIES FOR HOLDING THIS POSITION. ALL RECIPIENTS EITHER WILL IDENTIFY A FINANCIAL INSTITUTION FOR RECEIPT OF THEIR MONETARY AWARD OR THEY WILL RECEIVE US TREASURY CHECKS. DEPENDING ON THE TENURE OF THE APPOINTMENT, PAYMENTS CAN RANGE FROM ONE LUMP SUM, BIWEEKLY PAYMENTS OR MONTHLY PAYMENTS. MOST FELLOWSHIP APPOINTMENTS ARE AWARDED FOR ONE TO TWO YEARS. ON OCCASION, THE SMITHSONIAN INSTITUTION HAS VISITING SCHOLARS OR FELLOWS WHO ARE CONDUCTING RESEARCH IN ANOTHER COUNTRY. PAYMENTS ARE USUALLY SUBMITTED AS STATED ABOVE, HOWEVER, ON OCCASION, THERE MAY BE ONE OR TWO WHO REQUEST THAT THEIR PAYMENTS BE SENT TO THE COUNTRY OF THEIR RESEARCH. AT THE END OF TENURE, A FINAL REPORT OF THEIR RESEARCH ACCOMPLISHMENTS IS PROVIDED FOR OUR RECORDS. SMITHSONIAN RESEARCH STAFF WHO SERVE AS ADVISORS TO THESE FELLOWS, STUDENTS AND SCHOLARS ARE USUALLY IN THE FIELD DURING THEIR TENURE. THE EIGHT SMITHSONIAN RESEARCH CENTERS LOCATED IN THE UNITED STATES AND ONE LOCATED IN PANAMA MONITOR THE PROGRESS OF THEIR FELLOWS ESPECIALLY THOSE FELLOWS IN OTHER COUNTRIES, AND THE ADMINISTRATIVE MANAGEMENT OF FUNDS IS MANAGED THROUGH THE INSTITUTION'S CENTRAL ADMINISTRATION FOR ACCOUNTABILITY.
PART I, LINE 3	ACADEMIC APPOINTMENTS (STIPENDS) PER FORM 990 INSTRUCTIONS, STIPENDS ARE REPORTED ON SCHEDULE F IF THE PERSON RECEIVING THE STIPEND IS LIVING OR RESIDING OUTSIDE THE UNITED STATES AT THE TIME THE STIPEND IS PAID OR DISTRIBUTED. HOWEVER, MANY OF THESE STIPEND RECIPIENTS LATER TRAVELED TO THE SMITHSONIAN IN THE UNITED STATES TO PERFORM THEIR RESEARCH. FOREIGN TRAVELER PROGRAM SERVICES FOR TRAVEL RELATED TO RESEARCH, CONFERENCES AND TRAINING IS FOR TRAVEL BY SI EMPLOYEES, RESEARCH ASSOCIATES, OR INVITATIONAL TRAVELERS (I.E., INDIVIDUALS WHO ARE NOT SI EMPLOYEES). ONLY TRAVEL ESSENTIAL TO THE PERFORMANCE OF OFFICIAL SMITHSONIAN BUSINESS AND FOR WHICH TRAVEL-RELATED EXPENSES ARE TO BE PAID BY THE SMITHSONIAN, CAN BE APPROVED, AUTHORIZED, AND REIMBURSED. INVESTMENTS INVESTMENTS IN REGIONS INCLUDE INVESTMENTS IN FOREIGN PARTNERSHIPS AND FOREIGN CORPORATIONS. THE FOREIGN REGION IS DETERMINED BY THE COUNTRY WHOSE LAWS GOVERN THE INVESTMENT ENTITY. THE VALUE REPORTED REPRESENTS THE FAIR MARKET VALUE OF THE INVESTMENT AT THE END OF THE FISCAL YEAR. METHOD TO ACCOUNT FOR EXPENDITURES ON ORG'S FINANCIAL STATEMENTS CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL MIDDLE EAST AND NORTH AFRICA: ACCRUAL NORTH AMERICA (CANADA & MEXICO ONLY): ACCRUAL RUSSIA AND NEIGHBORING STATES: ACCRUAL SOUTH AMERICA: ACCRUAL SOUTH ASIA: ACCRUAL SUB-SAHARAN AFRICA: ACCRUAL

Schedule F (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE G (Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization
SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Part I

Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.

Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

YesNo

If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)		(ii) Activity	(iii) Did fundraiser have custody or control of contributions?		(iv) Gross receipts from activity	(v) Amount paid to (or retained by) fundraiser listed in col. (i)	(vi) Amount paid to (or retained by) organization
			Yes	No
	AVALON CONSULTING GROUP INC 805 15TH STREET NW WASHINGTON, DC20005	DIRECT MARKETING CONSULTANT		No	0	1,124,031	0
	COMMUNITY COUNSELLING SERVICE CO LLC 461 5TH AVENUE NEW YORK, NY10017	FUNDRAISING CONSULTANT		No	0	467,500	0
	YES & LIPMANHEARNE LLC 227 W MONROE STREET 21 FLOOR CHIGAGO, IL60606	MARKETING SERVICES		No	0	24,500	0
	MARTS & LUNDY INC 160 CHUBB AVENUE SUITE 303 LYNDHURST, NJ07071	CONSULTANT		No	0	23,884	0






Total . . . . . . . . . . . . . . . . . . . .						1,639,915

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990) 2023

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 NY GALA (event type)	(b) Event #2 AAA ANNUAL BENEFIT (event type)	(c) Other events 9 (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . . . .	1,144,520	405,122	996,177	2,545,819
2	Less: Contributions . . . .	1,070,545	334,679	874,956	2,280,180
3	Gross income (line 1 minus line 2) . . . . . .	73,975	70,443	121,221	265,639

4	Cash prizes . . . . .
5	Noncash prizes . . . .
6	Rent/facility costs . . . .
7	Food and beverages . . .		138,329	47,916	186,245
8	Entertainment . . . .			18,511	18,511
9	Other direct expenses . . .	693,929	88,189	244,123	1,026,241
10	Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . .				1,230,997
11	Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . .				-965,358

Part III

Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

		(a) Bingo	(b) Pull tabs/Instant bingo/progressive bingo	(c) Other gaming	(d) Total gaming (add col.(a) through col.(c))
1	Gross revenue . . . . .

2	Cash prizes . . . . .
3	Noncash prizes . . . .
4	Rent/facility costs . . . .
5	Other direct expenses . . .

Volunteer labor . . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .

YesNo

If "Yes," explain:

Schedule G (Form 990) 2023

Page 3

Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? . . . . . . . . . . . . . . . . .

YesNo

Indicate the percentage of gaming activity conducted in:

The organization's facility . . . . . . . . . . . . . . . . . .

13a

An outside facility . . . . . . . . . . . . . . . . . . . .

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? . . . . . . . . . . . . . . . . . . . . . . . .

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . . . . . . . . . . . . . . . . . . .

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.

Return Reference

Explanation

SCHEDULE G, PART I, LINE 2B

SI ENGAGED MULTIPLE FUNDRAISING SERVICES AND MANY WORK ON THE SAME CAMPAIGNS. IT IS NOT POSSIBLE TO ACCURATELY REPORT THE EXACT AMOUNT OF REVENUE ASSOCIATED WITH EACH CONTRACTOR. NONE OF THE CONTRACTORS RETAINED HAD CONTROL OF CONTRIBUTIONS; ALL WERE PAID UNDER THE TERMS OF NEGOTIATED CONTRACTS. SI CLOSELY MONITORS FUNDRAISING PERFORMANCE AGAINST ESTABLISHED CAMPAIGN GOALS FOR ITS CONTRACTORS, AND RESULTS ARE TAKEN INTO CONSIDERATION IN FUTURE CONTRACT NEGOTIATIONS. PART I, LINE 2B(II) LINE 2B COLUMN(II) ACTIVITY 5 MARKETING/FUNDRAISING CONSULTANT

SCHEDULE G, PART I

SI IS A TRUST INSTRUMENTALITY OF THE U.S. AND AS SUCH IS EXEMPT FROM STATE REGULATIONS PURSUANT TO THE SUPREMACY CLAUSE OF THE U.S. CONSTITUTION. ALL STATES THAT HAVE INQUIRED ABOUT SI FUNDRAISING SOLICITATION REGISTRATION HAVE ACKNOWLEDGED THIS EXEMPTION.

Schedule G (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization
SMITHSONIAN INSTITUTION

Employer identification number
53-0206027

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) CLARK ATLANTA UNIVERSITY INC 223 JAMES P BRAWLEY DR SW ATLANTA,GA303144358	58-1825259	501(C)(3)	63,700	ACADEMIC APPT. STIPENDS
(2) JACKSON STATE UNIVERSITY 1400 J R LYNCH ST STE 206 JACKSON,MS392170002	64-6000507	501(C)(3)	63,700	ACADEMIC APPT. STIPENDS
(3) FLORIDA A&M UNIVERSITY 400 FOOTE-HILYER ADMINISTRATION CENTER TALLAHASSEE,FL323073100	59-0977035	501(C)(3)	63,700	ACADEMIC APPT. STIPENDS
(4) UNIVERSITY OF MARYLAND AT COLLEGE PARK 4500 CAMPUS DRIVE COLLEGE PARK,MD207420001	52-6002033	501(C)(3)	8,545	ACADEMIC APPT. STIPENDS
(5) TEXAS SOUTHERN UNIVERSITY 3100 CLEBURNE ST HOUSTON,TX770044501	74-6001391	501(C)(3)	63,700	ACADEMIC APPT. STIPENDS
(6) TUSKEGEE UNIVERSITY 1200 W MONTGOMERY RD TUSKEGEE INSTITUTE,AL360881923	63-0288878	501(C)(3)	73,950	ACADEMIC APPT. STIPENDS
(7) HARVARD COLLEGE PRESIDENT & FACULTY PO BOX 4999 BOSTON,MA02212	04-2103580	501(C)(3)	109,590	ACADEMIC APPT. STIPENDS
(8) RUTGERS UNIVERSITY	22-6001086	501(C)(3)	46,393	ACADEMIC APPT. STIPENDS
(9) SALISBURY UNIVERSITY	52-6002033	501(C)(3)	42,000	ACADEMIC APPT. STIPENDS
(10) UNIVERSITY OF CALIFORNIA - SAN FRANCISCO	95-6006145	501(C)(3)	27,500	ACADEMIC APPT. STIPENDS
(11) APOLLO THEATRE FOUNDATION INC 253 W 125TH STREET NEW YORK,NY100274408	13-3630066	501(C)(3)	5,100	ACADEMIC APPT. STIPENDS
(12) CHAMPAIGN COUNTY FOREST PRESERVE	37-6005433	501(C)(3)	11,250	ACADEMIC APPT. STIPENDS
(13) THE AMISTAD RESEARCH CENTER	72-0689313	501(C)(3)	10,250	ACADEMIC APPT. STIPENDS

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2023

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) RESEARCH FELLOWSHIPS AND ACADEMIC APPOINTMENTS	1219	13,800,101	ACADEMIC STIPENDS
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

THE SMITHSONIAN PROGRAMS OF RESEARCH FELLOWSHIPS AND OTHER ACADEMIC APPOINTMENTS FOR UNDERGRADUATE, GRADUATE STUDENTS, POSTDOCTORAL AND SENIOR SCHOLARS. THE SMITHSONIAN INSTITUTION FELLOWSHIP PROGRAM IS A COMPETITIVE FELLOWSHIP PROGRAM FOR GRADUATE AND POSTDOCTORAL FELLOWS, WHO APPLY TO CONDUCT RESEARCH AT THE INSTITUTION WITH RESEARCH STAFF SERVING AS ADVISORS. THE REVIEW PROCESS IS MADE UP OF DISCIPLINARY COMMITTEES COMPRISED OF THE INSTITUTION'S RESEARCH STAFF WHO EVALUATE THE CANDIDATES AND THEN SELECT THE FELLOWS. THERE ARE OTHER COMPETITIVE AND NON-COMPETITIVE FELLOWSHIPS FOR VISITING SCHOLAR AND STUDENT APPOINTEES SELECTED THROUGH THE SMITHSONIAN UNITS THAT GO THROUGH A VARIETY OF OTHER SELECTIONS PROCESSES BEFORE AN AWARD IS MADE. AN OFFICIAL LETTER/AGREEMENT IS PROVIDED TO EACH AWARD RECIPIENT IDENTIFYING THE AWARD TITLE, DATES OF TENURE, STIPEND ALLOWANCES, AND REQUIRED RESPONSIBILITIES FOR HOLDING THIS POSITION. ALL RECIPIENTS EITHER WILL IDENTIFY A FINANCIAL INSTITUTION FOR RECEIPT OF THEIR MONETARY AWARD OR THEY WILL RECEIVE US TREASURY CHECKS. DEPENDING ON THE TENURE OF THE APPOINTMENT, PAYMENTS MAY BE MADE IN A LUMP SUM OR IN PERIODIC PAYMENTS. MOST FELLOWSHIP APPOINTMENTS ARE AWARDED FOR ONE TO TWO YEARS. AT THE END OF TENURE, A FINAL REPORT OF THEIR RESEARCH ACCOMPLISHMENTS IS PROVIDED FOR OUR RECORDS. SMITHSONIAN RESEARCH STAFF WHO SERVE AS ADVISORS TO THESE FELLOWS, STUDENTS AND SCHOLARS ARE USUALLY IN THE FIELD DURING THEIR TENURE. THE INDIVIDUAL SMITHSONIAN RESEARCH CENTERS MONITOR THE PROGRESS OF THEIR FELLOWS, AND THE FUNDS ARE MANAGED THROUGH THE INSTITUTION'S CENTRAL ADMINISTRATION TO ENSURE ACCOUNTABILITY. SIMILAR PROCESSES ARE FOLLOWED FOR AWARDS MADE TO ORGANIZATIONS WHOSE ACADEMIC STAFF PERFORM THE RELATED RESEARCH.

Schedule I (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Yes

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2023

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1AMY CHEN CHIEF INVESTMENT OFFICER	(i) (ii)	448,943 ------------- 0	693,600 ------------- 0	5,334 ------------- 0	48,090 ------------- 0	2,050 ------------- 0	1,198,017 ------------- 0	0 ------------- 0
2MR LONNIE G BUNCH III SECRETARY OF THE SMITHSONIAN	(i) (ii)	876,817 ------------- 0	30,000 ------------- 0	8,652 ------------- 0	48,090 ------------- 0	26,007 ------------- 0	989,566 ------------- 0	0 ------------- 0
3JEFFREY SMITH INVESTMENT OFFICER	(i) (ii)	276,560 ------------- 0	422,892 ------------- 0	440 ------------- 0	41,874 ------------- 0	41,171 ------------- 0	782,937 ------------- 0	0 ------------- 0
4MICHAEL GIOVENCO INVESTMENT OFFICER	(i) (ii)	263,828 ------------- 0	383,547 ------------- 0	603 ------------- 0	37,661 ------------- 0	12,787 ------------- 0	698,426 ------------- 0	0 ------------- 0
5MEROE PARK DEPUTY SECRETARY & COO	(i) (ii)	586,855 ------------- 0	25,000 ------------- 0	1,806 ------------- 0	48,090 ------------- 0	1,834 ------------- 0	663,585 ------------- 0	0 ------------- 0
6RYAN DOTSON INVESTMENT OFFICER	(i) (ii)	241,086 ------------- 0	332,073 ------------- 0	257 ------------- 0	37,102 ------------- 0	46,194 ------------- 0	656,712 ------------- 0	0 ------------- 0
7CAROL LEBLANC PRESIDENT, SMITHSONIAN ENTERPRISES	(i) (ii)	401,682 ------------- 0	127,010 ------------- 0	1,769 ------------- 0	48,750 ------------- 0	22,315 ------------- 0	601,526 ------------- 0	0 ------------- 0
8RONALD CORTEZ UNDER SEC FOR FIN/ADMIN & CFO	(i) (ii)	475,670 ------------- 0	4,000 ------------- 0	3,107 ------------- 0	48,090 ------------- 0	28,043 ------------- 0	558,910 ------------- 0	0 ------------- 0
9MELISSA CHIU DIR, HIRSHHORN MUSEUM & SCULPTUE GAR	(i) (ii)	453,375 ------------- 0	5,000 ------------- 0	1,143 ------------- 0	48,090 ------------- 0	25,045 ------------- 0	532,653 ------------- 0	0 ------------- 0
10ROBERT SPILLER ASSISTANT SECRETARY FOR ADVANCEMENT	(i) (ii)	432,737 ------------- 0	7,500 ------------- 0	2,772 ------------- 0	48,090 ------------- 0	40,589 ------------- 0	531,688 ------------- 0	0 ------------- 0
11CHASE ROBINSON DIR SACKLER GALLERY/FREER	(i) (ii)	451,096 ------------- 0	5,000 ------------- 0	0 ------------- 0	48,090 ------------- 0	11,691 ------------- 0	515,877 ------------- 0	0 ------------- 0
12KEVIN GOVER UNDER SEC FOR HISTORY & CULTURE	(i) (ii)	428,559 ------------- 0	5,000 ------------- 0	5,979 ------------- 0	48,090 ------------- 0	28,043 ------------- 0	515,671 ------------- 0	0 ------------- 0
13ELLEN STOFAN UNDER SEC FOR SCIENCE & RESEARCH	(i) (ii)	431,868 ------------- 0	4,000 ------------- 0	3,107 ------------- 0	48,090 ------------- 0	22,572 ------------- 0	509,637 ------------- 0	0 ------------- 0
14RICHARD KURIN THRU 93019 FMR, SR. SCHOLAR AND AMB-AT-LARGE	(i) (ii)	353,431 ------------- 0	4,000 ------------- 0	7,679 ------------- 0	55,710 ------------- 0	17,494 ------------- 0	438,314 ------------- 0	0 ------------- 0
15JULISSA MARENCO ASST SEC. FOR COMM/EXT AFFAIRS & CMO	(i) (ii)	295,910 ------------- 0	5,000 ------------- 0	466 ------------- 0	44,134 ------------- 0	27,713 ------------- 0	373,223 ------------- 0	0 ------------- 0
16ZULLY DORR THRU 093019 FMR, ACTING ASST SEC. FOR ADVANCEMEN	(i) (ii)	241,547 ------------- 0	2,750 ------------- 0	0 ------------- 0	35,086 ------------- 0	24,412 ------------- 0	303,795 ------------- 0	0 ------------- 0
17CATHY HELM THRU 90123 FMR, INSPECTOR GENERAL	(i) (ii)	273,332 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	18,574 ------------- 0	291,906 ------------- 0	0 ------------- 0
18PORTER WILKINSON CHIEF OF STAFF TO THE REGENTS	(i) (ii)	248,486 ------------- 0	5,000 ------------- 0	263 ------------- 0	34,687 ------------- 0	1,352 ------------- 0	289,788 ------------- 0	0 ------------- 0
19DEREK ROSS DIR, OFC OF PLNG, DSGN & CONST	(i) (ii)	221,105 ------------- 0	5,000 ------------- 0	0 ------------- 0	10,522 ------------- 0	25,239 ------------- 0	261,866 ------------- 0	0 ------------- 0
20FARLEIGH EARHART GENERAL COUNSEL (ACTING)	(i) (ii)	207,203 ------------- 0	15,000 ------------- 0	0 ------------- 0	10,553 ------------- 0	15,809 ------------- 0	248,565 ------------- 0	0 ------------- 0
21DOUGLAS HALL THRU 93022 FMR, ACTING UNDER SEC. FOR ADMINISTR	(i) (ii)	200,307 ------------- 0	10,000 ------------- 0	0 ------------- 0	8,252 ------------- 0	25,661 ------------- 0	244,220 ------------- 0	0 ------------- 0
22JOAN MOCKERIDGE INSPECTOR GENERAL (ACTING)	(i) (ii)	195,308 ------------- 0	10,000 ------------- 0	0 ------------- 0	9,887 ------------- 0	25,547 ------------- 0	240,742 ------------- 0	0 ------------- 0
23CHARLES ALCOCK THRU 123120 FMR DIR, HARVARD-SMITHSONIAN CENTER	(i) (ii)	172,265 ------------- 0	750 ------------- 0	3,039 ------------- 0	21,275 ------------- 0	808 ------------- 0	198,137 ------------- 0	0 ------------- 0
24ROGER BRISSENDEN THRU 33121 FMR, ACTING UNDER SEC. FOR SCI & RSC	(i) (ii)	195,182 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	195,182 ------------- 0	0 ------------- 0
25JUDITH LEONARD THRU 30123 FMR, GENERAL COUNSEL	(i) (ii)	156,754 ------------- 0	4,000 ------------- 0	1,341 ------------- 0	6,927 ------------- 0	12,923 ------------- 0	181,945 ------------- 0	0 ------------- 0
26ERA MARSHALL THRU 93019 FMR DIR, EQUAL EMPLOYMENT & SUPPLIER	(i) (ii)	134,535 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	1,759 ------------- 0	136,294 ------------- 0	0 ------------- 0
27NANCY BECHTOL THRU 123022 FMR DIR, SMITHSONIAN FACIILITIES	(i) (ii)	101,776 ------------- 0	2,500 ------------- 0	95 ------------- 0	972 ------------- 0	976 ------------- 0	106,319 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2023

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 7	OFFICE OF INVESTMENTS INCENTIVE PLAN: THE INCENTIVE PLAN PAYOUT IS BASED ON PRE-DETERMINED GOALS. QUANTITATIVE GOALS COMPARE OUR PORTFOLIO PERFORMANCE TO A POLICY BENCHMARK OVER A THREE YEAR PERIOD, AND QUALITATIVE GOALS ARE ESTABLISHED ANNUALLY FOR EACH EMPLOYEE. A SET FORMULA IS USED TO CALCULATE THE FINAL PAYOUT, AND QUANTITATIVE RESULTS ARE AUDITED BEFORE REGENT APPROVAL.
PART II: COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL	NAME: CHARLES ALCOCK COMPENSATION FROM UNRELATED ORGANIZATION: 179,128 NAME OF UNRELATED ORGANIZATION: HARVARD UNIVERSITY

Schedule J (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization
SMITHSONIAN INSTITUTION

Employer identification number
53-0206027

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY	54-0787833	30382ECZ5	12-03-2003	77,545,000	NEW CONSTRUCTION		X		X		X
B	DISTRICT OF COLUMBIA	53-6001131	2548397S6	04-29-2010	33,825,749	REFUNDING OF 1997 BONDS		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................			21,500,000
2 Amount of bonds legally defeased ..............
3 Total proceeds of issue ..................	77,545,000		33,825,749
4 Gross proceeds in reserve funds .............
5 Capitalized interest from proceeds .............
6 Proceeds in refunding escrows ...............
7 Issuance costs from proceeds ...............	530,475		612,994
8 Credit enhancement from proceeds .............	6,161
9 Working capital expenditures from proceeds .............
10 Capital expenditures from proceeds .............	77,008,364
11 Other spent proceeds .............			33,212,755
12 Other unspent proceeds .............
13 Year of substantial completion .............	2003		2010
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2020, a current refunding issue)? ........		X	X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2020, an advance refunding issue)? ........		X		X
16 Has the final allocation of proceeds been made? ..........	X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2023

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............		X	X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?			X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		1.940 %
6 Total of lines 4 and 5 .............	0 %		1.940 %
7 Does the bond issue meet the private security or payment test? ...		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X
b Exception to rebate? ........	X		X
c No rebate due? .........		X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....	X		X

Schedule K (Form 990) 2023

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?		X		X
b Name of provider ..........
c Term of hedge .........
d Was the hedge superintegrated? ......
e Was the hedge terminated? ........
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?		X		X
b Name of provider ..........
c Term of GIC .........
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........
6 Were any gross proceeds invested beyond an available temporary period?		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X

Part Ⅴ

Procedures To Undertake Corrective Action

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference

Explanation

SCHEDULE K, PART III, LINE 5

THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITY IS BASED ON THE PERCENTAGE OF UNRELATED REVENUE IN THE GIFT SHOP WITHIN THE SPACE FINANCED BY THIS BOND ISSUE. THE PRIVATE BUSINESS USE FOR THE CURRENT YEAR WAS LESS THAN 5%. THE PRIVATE BUSINESS IS BEING MONITORED AND WILL REMAIN UNDER 5% FOR THE ENTIRE MEASUREMENT PERIOD (1998-2028).

Schedule K (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e) Original principal amount	(f) Balance due	(g) In default?		(h) Approved by board or committee?		(i) Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No




Total ............... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990) 2023

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) MARIA MARABLE-BUNCH	WIFE OF L. BUNCH SECRETARY OF THE SMITHSONIAN INSTITUTION	207,244	ANNUAL COMPENSATION		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference	Explanation

Schedule L (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....	X	1,247		MARKET VALUE
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	311	150,028,521	MARKET VALUE
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....	X	604		MARKET VALUE
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....	X	2,030		MARKET VALUE
23 Scientific specimens ..	X	176,776		MARKET VALUE
24 Archeological artifacts ...
25 Other ( ARCHIVAL CUBIC FT. )	X	1,070	0	MARKET VALUE
26 Other ( ARCHIVAL GIGABYTES )	X	1,396	0	MARKET VALUE
27 Other ( ARCHIVAL ITEMS )	X	1,361	0	MARKET VALUE
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

Yes

If "Yes," describe in Part II.

If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2023)

Page 2

Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference

Explanation

PART I, LINE 32B:

ITEMS ARE SOLD THROUGH COMMERCIAL GALLERIES AND AUCTIONS HOUSES. INDIVIDUALS AND FIRMS ARE HIRED ON A CONTRACTUAL BASIS TO PROCESS ACQUISITIONS. ALTHOUGH THE SMITHSONIAN ACQUIRES COLLECTION ITEMS AND OBJECTS WITH THE GOOD FAITH INTENTION OF RETAINING THEM FOR AN INDEFINITE PERIOD OF TIME, PRUDENT COLLECTIONS MANAGEMENT INCLUDES JUDICIOUS CONSIDERATION OF APPROPRIATE DEACCESSIONING AND DISPOSAL TO REFINE AND IMPROVE THE QUALITY AND RELEVANCE OF THE COLLECTIONS WITH RESPECT TO THE SMITHSONIAN'S MISSION AND PURPOSE. WHEN OBJECTS ARE DEACCESSIONED FOR DISPOSAL BY SALE, THE SMITHSONIAN CONTRACTS WITH COMMERCIAL GALLERIES OR AUCTION HOUSES TO SELL THE OBJECTS IN ORDER TO ASSURE THE BEST RETURN FROM THE SALE.

PART I, LINE 33:

IN ACCORDANCE WITH PROFESSIONAL PRACTICE, AS ALLOWED BY SFAS 116, THE SMITHSONIAN DOES NOT ASSIGN VALUE TO COLLECTION ITEMS ACQUIRED BY DONATION.

Schedule M (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Return Reference	Explanation
FORM 990, PAGE 1, LINE K	THE SMITHSONIAN INSTITUTION IS A TRUST INSTRUMENTALITY OF THE U.S., CREATED BY CONGRESS; ORGANIZED PURSUANT TO 20 U.S.C. SEC. 41 ET SEQ. FORM 990, PAGE 1, LINE M STATE OF LEGAL DOMICILE: AS A TRUST INSTRUMENTALITY OF THE UNITED STATES, THE SMITHSONIAN INSTITUTION IS A FEDERAL ENTITY THAT IS NOT DOMICILED IN ANY STATE.
FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:	EDUCATION, PUBLIC PROGRAMS AND EXHIBITIONS: IN APRIL 2024, THE NATIONAL AIR AND SPACE MUSEUM SERVED AS A MAJOR SOURCE OF INFORMATION, EDUCATIONAL ACTIVITIES AND EXPERIENCES ON THE TOTAL SOLAR ECLIPSE THAT CROSSED THE CONTIGUOUS UNITED STATES. CO-HOSTED WITH OTHER SMITHSONIAN MUSEUMS, NASA, NOAA, NSF AND THE NATIONAL RADIO ASTRONOMY OBSERVATORY, THE MUSEUM HOSTED THE "SOLAR ECLIPSE FESTIVAL ON THE NATIONAL MALL." VISITORS TO THE FESTIVAL COULD GRAB A PAIR OF SOLAR ECLIPSE GLASSES, PEER THROUGH SAFE SOLAR TELESCOPES AND PARTICIPATE AT MANY ACTIVITY STATIONS. THE SMITHSONIAN FOLKLIFE FESTIVAL WAS HELD AT THE END OF JULY 2024, OFFERING FIVE DAYS OF FREE PUBLIC PROGRAMMING ON THE NATIONAL MALL. THE THEME FOR 2024, "INDIGENOUS VOICES OF THE AMERICAS: CELEBRATING THE NATIONAL MUSEUM OF THE AMERICAN INDIAN," WAS IN PARTNERSHIP WITH THE MUSEUM, WHICH MARKED ITS 20TH ANNIVERSARY. FESTIVAL OFFERINGS FEATURED OVER 250 PARTICIPANTS FROM 60 INDIGENOUS COMMUNITIES FROM NINE NORTH AMERICAN COUNTRIES. PROGRAMS INCLUDED MUSIC AND SPORTS PERFORMANCES, TRADITIONAL CRAFT DEMONSTRATIONS, STORYTELLING, AND COOKING DEMOS. IN MARCH 2024, THE SMITHSONIAN AMERICAN WOMEN'S HISTORY MUSEUM LAUNCHED ITS FIRST DIGITAL EXHIBITION "BECOMING VISIBLE: BRINGING AMERICAN WOMEN'S HISTORY INTO FOCUS." THE INTERACTIVE ONLINE EXHIBITION INCLUDES INTRODUCTORY REMARKS BY LYNDA CARTER AND SHARES THE STORIES OF FIVE WOMEN'S LIVES, LIKE SEAMSTRESS OF THE APOLLO SPACE SUITS HAZEL FELLOWS, NARRATED BY CURATORS FROM ACROSS THE SMITHSONIAN. THE HIRSHHORN MUSEUM AND SCULPTURE GARDEN INAUGURATED ITS 50TH ANNIVERSARY YEAR WITH THE OPENING OF "REVOLUTIONS: ART FROM THE HIRSHHORN COLLECTION, 1860 - 1960." THE FULL-FLOOR SURVEY SHOWCASED 270 ARTWORKS BY 126 ARTISTS IN THE MUSEUM'S PERMANENT COLLECTION, INCLUDING EDWARD HOPPER, WILLEM DE KOONING, JOHN SINGER SARGENT AND HELEN FRANKENTHALER. IN SEPTEMBER 2024, THE HIRSHHORN ALSO OPENED "OSGEMEOS: ENDLESS STORY," THE FIRST U.S. MUSEUM SURVEY AND LARGEST U.S. EXHIBIT OF ARTWORK BY THE BRAZILIAN TWIN ARTISTS. THIS MILESTONE EXHIBIT INCLUDED THE INSTALLATION OF ALMOST 1,000 ARTWORKS, INCLUDING SITE-SPECIFIC PAINTINGS AND IMMERSIVE ARTWORKS. THAT SAME MONTH, THE "BASQUIAT X BANKSY" EXHIBIT BROUGHT TOGETHER TWO LARGE PAINTINGS BY THE MAJOR ARTISTS JEAN-MICHEL BASQUIAT AND BANKSY, ILLUMINATING HOW ARTISTS ARE CONNECTED ACROSS TIME AND GEOGRAPHY. THE NATIONAL PORTRAIT GALLERY PRESENTED "BRILLIANT EXILES: AMERICAN WOMEN IN PARIS, 1900-1939," IN APRIL 2024. THROUGH PORTRAITURE AND BIOGRAPHY, IT HIGHLIGHTED THE ACCOMPLISHMENTS OF MORE THAN 60 WOMEN WHO CROSSED THE ATLANTIC TO PURSUE PROFESSIONAL GOALS IN A VARIETY OF FIELDS. THE SMITHSONIAN ASIAN PACIFIC AMERICAN CENTER INTRODUCED ITS FIRST MUSEUM EXHIBITION IN OVER A DECADE WITH "SIGHTLINES: CHINATOWN AND BEYOND" IN SEPTEMBER 2024. HOSTED AT THE SMITHSONIAN AMERICAN ART MUSEUM, THE GALLERY CONSIDERS WASHINGTON D.C.'S CHINATOWN THROUGH A HISTORICAL AND CULTURAL PERSPECTIVE, THROUGH PHOTOGRAPHS, ARCHITECTURAL DRAWINGS, SKETCHBOOKS AND EPHEMERA. IN NOVEMBER 2023, THE COOPER HEWITT, SMITHSONIAN DESIGN MUSEUM OPENED "MAKING HOME - SMITHSONIAN DESIGN TRIENNIAL," FEATURING 25 SITE-SPECIFIC, NEWLY COMMISSIONED INSTALLATIONS. THIS IS THE SEVENTH DESIGN TRIENNIAL, AND THE THREE-FLOOR EXHIBIT EXPLORES DESIGN'S ROLE IN SHAPING EXPERIENCES OF HOME. THROUGH DIGITAL PROGRAMS AND EDUCATIONAL MATERIALS, IN-PERSON LECTURES AND CLASSROOM DISCUSSIONS, THE SMITHSONIAN'S OFFICE OF THE UNDER SECRETARY FOR EDUCATION ADVANCED THE INSTITUTION'S STRATEGIC GOAL TO ENGAGE WITH CLASSROOMS NATIONWIDE THROUGH NEW TECHNOLOGY AND AN ANNUAL EDUCATION SUMMIT. IN APRIL 2024, THE SMITHSONIAN CREATED INTERACTIVE INSTAGRAM EXPERIENCES USING 3D AUGMENTED REALITY MODELS OF CELESTIAL OBJECTS FROM THE SMITHSONIAN ASTROPHYSICAL OBSERVATORY THAT COULD BE USED BY AUDIENCES ACROSS THE COUNTRY. SIMILARLY, THE SMITHSONIAN AMERICAN ART MUSEUM PRODUCED THE "TEMPLE OF INVENTION AUGMENTED REALITY EXPERIENCE" SO THAT VISITORS, ESPECIALLY FAMILIES AND ELEMENTARY SCHOOL-AGE CHILDREN, CAN MEET SOME OF THE FASCINATING PEOPLE WHO SPENT TIME IN THE MUSEUM'S HISTORICAL BUILDING. IN MAY 2024, THE FOURTH ANNUAL NATIONAL EDUCATION SUMMIT BROUGHT TOGETHER THOUSANDS OF TEACHERS, MUSEUM EDUCATORS, CURRICULUM SPECIALISTS, LIBRARIANS AND EDUCATION AGENCIES FROM ACROSS THE NATION FOR THREE DAYS OF FREE VIRTUAL AND IN-PERSON SESSIONS. THE THEME "TOGETHER WE THRIVE: CONNECTING AT THE INTERSECTIONS" EMPHASIZED THE POWER OF INTERDISCIPLINARY LEARNING IN ART, CULTURE, HISTORY AND SCIENCE. PODCASTS FROM THE INSTITUTION ENCOURAGED LEARNING THROUGH STORYTELLING FOR AUDIENCES OF ALL AGES AND IN ANY LOCATION. IN OCTOBER 2023, THE NATIONAL PORTRAIT GALLERY PREMIERED THE FIFTH SEASON OF ITS PORTRAITS PODCAST, IN WHICH MUSEUM DIRECTOR KIM SAJET SHARES UNUSUAL HISTORIES BEHIND SOME OF THE ARTWORKS IN THE MUSEUM. AND SEASON 11 OF THE SMITHSONIAN'S FLAGSHIP PODCAST SIDEDOOR SHARED NEW LESSONS ABOUT COLLECTION ITEMS FROM ACROSS THE INSTITUTION.
FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS:	RESEARCH AND COLLECTIONS: THE SMITHSONIAN'S COLLECTIONS OF 157.3 MILLION OBJECTS (ART, ARTIFACTS AND SCIENTIFIC SPECIMENS) ARE THE HEART OF THE INSTITUTION. RESEARCH, PUBLIC PROGRAMS AND EXHIBITIONS ARE BASED ON THESE COLLECTIONS, WHICH ADDITIONALLY INCLUDE MORE THAN 36 MILLION DIGITAL RECORDS OF ONLINE MATERIAL. CARE OF THE COLLECTIONS INVOLVES THE WORK OF REGISTRARS, CONSERVATORS, MUSEUM SPECIALISTS, DESIGNERS, CURATORS AND EDITORS. APPROXIMATELY 148 MILLION OBJECTS AND SPECIMENS ARE PART OF THE NATIONAL MUSEUM OF NATURAL HISTORY COLLECTIONS AND ARE PRIMARILY USED FOR RESEARCH BY BOTH SMITHSONIAN SCIENTISTS AND RESEARCHERS FROM AROUND THE WORLD. IN SOME CASES, THE MUSEUM HAS THE DEFINITIVE, IRREPLACEABLE COLLECTION OF A CERTAIN SPECIES WHICH IS ESSENTIAL FOR COMPARATIVE STUDIES. RESEARCHERS AT THE NATIONAL MUSEUM OF NATURAL HISTORY CONTRIBUTED NOTEWORTHY DISCOVERIES AND STUDIES ACROSS MULTIPLE FIELDS, INCLUDING ANTHROPOLOGY, MOLECULAR BIOLOGY AND PLANETARY SCIENCES. AT THE END OF OCTOBER 2023, THE MUSEUM UNVEILED THE FIRST PUBLIC SAMPLE OF THE BENNU ASTEROID IN PARTNERSHIP WITH NASA. IN DECEMBER 2023, RESEARCHERS SEQUENCED THE GENETIC CODE OF THE CULTURALLY SIGNIFICANT COAST SALISH WOOLLY DOG FROM ONE OF THE FEW REMAINING PELTS IN EXISTENCE, STORED IN THE SMITHSONIAN'S COLLECTION, WHICH LENT INSIGHTS TO THE ANCESTRY AND GENETICS OF THE NOW EXTINCT ANIMAL. IN ANOTHER COLLABORATIVE STUDY WITH MUSEUMS AND UNIVERSITIES AROUND THE WORLD, FIVE NEW SPECIES OF SOFT-FURRED HEDGEHOGS WERE IDENTIFIED, USING MUSEUM SPECIMENS. IN MARCH 2024, SCIENTISTS IDENTIFIED THE FOSSILIZED SKULL OF AN ANCIENT AMPHIBIAN ANCESTOR IN THE MUSEUM'S COLLECTION, NAMING IT KERMITOPS AFTER THE ICONIC MUPPET WHICH IS HOUSED IN THE NATIONAL MUSEUM OF AMERICAN HISTORY. SCIENTISTS AND KEEPERS AT NZCBI CONTINUED TO PLAY A LEADING ROLE IN THE SMITHSONIAN'S GLOBAL EFFORTS TO SAVE WILDLIFE SPECIES FROM EXTINCTION AND TRAIN FUTURE GENERATIONS OF CONSERVATIONISTS. IN NOVEMBER 2023, THE GIANT PANDA CONSERVATION PROGRAM OVERSAW THE SUCCESSFUL DEPARTURE AND RETURN TO CHINA OF TIAN TIAN, MEI XIANG AND XIAO QI JI. THE PANDA HABITAT ON ASIA TRAIL WAS THEN RENOVATED, AND THE ARRIVAL OF TWO MORE PANDAS WAS ANNOUNCED IN MAY 2024, MARKING A CRUCIAL CONTINUATION OF CONSERVATION RESEARCH FOR THIS VULNERABLE SPECIES. NZCBI ALSO WELCOMED THE BIRTH OF A LITTER OF BLACK-FOOTED FERRETS UNDER THE ASSOCIATION OF ZOOS AND AQUARIUMS' SAVING ANIMALS FROM EXTINCTION PROGRAM AND THE BIRTH OF TWO PYGMY SLOW LORISES, AN ENDANGERED SPECIES. A COLLABORATIVE STUDY LED BY NZCBI WITH THE NATIONAL AIR AND SPACE MUSEUM AND THE NATIONAL MUSEUM OF NATURAL HISTORY RESULTED IN A PAPER DEMONSTRATING SUCCESSFUL CRYOPRESERVATION AND OUTLINING HOW TO CREATE A LUNAR BIOREPOSITORY. ALSO IN 2024, THE NATIONAL AIR AND SPACE MUSEUM'S CENTER FOR EARTH AND PLANETARY STUDIES PUBLISHED FINDINGS ON MOONQUAKES AND THE CONTRACTION OF THE MOON'S SOUTH POLE, WHICH CAN INFORM FUTURE MOON LANDING SITES. IN NOVEMBER 2023, THE NATIONAL PORTRAIT GALLERY PREMIERED MORE THAN 20 NEWLY ACQUIRED PORTRAITS INCLUDING ENTREPRENEUR AND PHILANTHROPIST MADAME C.J. WALKER, ARTIST RUTH ASAWA, SUPREME COURT JUSTICE RUTH BADER GINSBURG AND RABBI SALLY PRIESAND. IN DECEMBER 2023, A NEWLY COMMISSIONED PORTRAIT OF OPRAH WINFREY WAS UNVEILED. THE MUSEUM ALSO DEBUTED ITS FIRST JOINT ACQUISITION WITH THE SMITHSONIAN AMERICAN ART MUSEUMTHE FILM INSTALLATION "LESSONS OF THE HOUR" BY SIR ISAAC JULIEN, WHICH EXPANDS BOTH MUSEUMS' TIME-BASED MEDIA COLLECTIONS. IN JULY 2024, THE PORTRAIT GALLERY ACQUIRED THE EARLIEST KNOWN PHOTOGRAPH OF A U.S FIRST LADYAN 1843 DAGUERREOTYPE OF DOLLEY MADISON. BEGINNING IN JANUARY 2024, THE NATIONAL MUSEUM OF AMERICAN HISTORY BEGAN COLLECTING PRESIDENTIAL CAMPAIGN MEMORABILIA TO DOCUMENT THE ELECTION CYCLE THROUGH MATERIALS THAT CAPTURED THE ATMOSPHERE OF THE PRIMARIES AND PARTY CONVENTIONS.
FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS:	MEMBERSHIP: THE NATIONAL ASSOCIATE PROGRAM IS THE INSTITUTION'S LARGEST AND MOST BASIC MEMBERSHIP PROGRAM. THE PROGRAM PROVIDES MEMBERS WITH SMITHSONIAN MAGAZINE, WHICH IS PUBLISHED 11 TIMES A YEAR. THE PRINT AND ONLINE PUBLICATION PROVIDES IN-DEPTH COVERAGE OF HISTORY, SCIENCE, NATURE, ART AND WORLD CULTURES. "FRIENDS OF THE SMITHSONIAN" IS A HIGHER-LEVEL MEMBERSHIP PROGRAM FOR PEOPLE INTERESTED IN A DEEP PHILANTHROPIC CONNECTION TO THE SMITHSONIAN. FRIENDS RECEIVE SMITHSONIAN MAGAZINE, PLUS THEY ARE INVITED TO VARIOUS EVENTS AND ARE GIVEN THE OPPORTUNITY TO LEARN ABOUT AND SUPPORT THE INSTITUTION'S EXHIBITIONS AND RESEARCH. THE SMITHSONIAN ASSOCIATES IS A SELF-SUPPORTING MEMBERSHIP PROGRAM WHICH PRODUCES INFORMATIVE, ENLIGHTENING, ENTERTAINING, AND INSIGHTFUL PROGRAMS INSPIRED BY AND GOING BEYOND SMITHSONIAN RESEARCH, COLLECTIONS AND EXHIBITIONS. PROGRAMS ENGAGE AUDIENCES FROM PRE-K TO POST-RETIREMENT WHO HAVE KEEN INTEREST IN FURTHERING THEIR UNDERSTANDING OF THE ARTS AND SCIENCES, THE PAST, PRESENT, AND FUTURE OF WORLD CULTURES. THE LARGEST MUSEUM-BASED EDUCATIONAL PROGRAM IN THE WORLD, SMITHSONIAN ASSOCIATES ANNUALLY PRODUCES MORE THAN 1,000 ONLINE AND IN-PERSON SEMINARS AND LECTURES, MULTI-PART COURSES, STUDIO ARTS CLASSES, STUDY TOURS, CONCERTS AND CHILDREN'S PROGRAMS. NOTABLE GUESTS INCLUDED TELEVISION PRESENTER AL ROKER AND HIS DAUGHTER AND TRAINED CHEF COURTNEY ROKER LAGA; ACTOR AND RECIPIENT OF THE SMITHSONIAN ASSOCIATES JOHN P. MCGOVERN AWARD HENRY WINKLER; AWARD-WINNING CELEBRITY CHEF BOBBY FLAY; PBS "REVOLUTIONARY ROAD TRIP" TELEVISION HOST DARLEY NEWMAN; FORMER U.S. SUPREME COURT JUSTICE STEPHEN BREYER; AND, BEST-SELLING AUTHOR ERIK LARSON.
FORM 990, PART IV, LINE 12B	THE SMITHSONIAN'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN THE UNITED STATES GOVERNMENT'S CONSOLIDATED AUDITED FINANCIAL STATEMENTS.
FORM 990, PART VI, SECTION A, LINE 1A	THE BYLAWS OF THE ORGANIZATION DELEGATE AUTHORITY TO THE EXECUTIVE COMMITTEE TO ACT ON BEHALF OF THE BOARD OF REGENTS WHEN THE BOARD OF REGENTS IS NOT IN SESSION. THE BOARD OF REGENTS ELECTS FROM ITS MEMBERS AN EXECUTIVE COMMITTEE CONSISTING OF THREE MEMBERS. THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE ALL POWERS OF THE BOARD OF REGENTS WHEN THE BOARD OF REGENTS IS NOT IN SESSION, EXCEPT THOSE EXPRESSLY RESERVED TO ITSELF BY THE BOARD OF REGENTS, PROVIDED THAT ALL SUCH PROCEEDINGS ARE REPORTED TO THE GOVERNANCE AND NOMINATING COMMITTEE AND THE BOARD OF REGENTS ON A REGULAR BASIS. THE CHAIR OF THE BOARD SERVES AS CHAIR OF THE EXECUTIVE COMMITTEE. THE VICE CHAIR OF THE BOARD SERVES AS A MEMBER OF THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 7A	PURSUANT TO FEDERAL STATUTE, THE BOARD OF REGENTS CONSISTS OF THE VICE PRESIDENT OF THE UNITED STATES, THE CHIEF JUSTICE OF THE UNITED STATES, THREE MEMBERS OF THE U.S. SENATE, THREE MEMBERS OF THE U.S. HOUSE OF REPRESENTATIVES, AND NINE ADDITIONAL CITIZEN REGENTS. THE THREE SENATORS ARE APPOINTED BY THE PRESIDENT PRO TEMPORE OF THE U.S. SENATE, AND THE THREE MEMBERS OF THE HOUSE OF REPRESENTATIVES ARE APPOINTED BY THE SPEAKER OF THE HOUSE OF REPRESENTATIVES. THEIR APPOINTMENT TERMS COINCIDE WITH THE TERMS FOR WHICH THEY ARE ELECTED, AND THEY MAY BE REAPPOINTED IF RE-ELECTED. THE CITIZEN REGENTS ARE NOMINATED BY THE BOARD OF REGENTS, AND APPOINTED BY A JOINT RESOLUTION OF CONGRESS WHICH IS SIGNED BY THE PRESIDENT OF THE UNITED STATES.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE OFFICE OF GENERAL COUNSEL, THE OFFICE OF THE UNDER SECRETARY FOR FINANCE AND ADMINISTRATION, AND BY AN INDEPENDENT OUTSIDE COUNSEL FIRM. AFTER THIS REVIEW PROCESS, THE 990 IS REVIEWED AND AFFIRMED BY THE AUDIT AND REVIEW COMMITTEE OF THE BOARD OF REGENTS. THE 990 IS THEN MADE AVAILABLE TO THE FULL BOARD OF REGENTS FOR REVIEW AND COMMENT PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12C	ALL OFFICERS, KEY EMPLOYEES, AND CERTAIN OTHER EMPLOYEES ARE REQUIRED TO COMPLETE AND FILE ANNUALLY A CONFIDENTIAL FINANCIAL DISCLOSURE REPORT. THESE REPORTS - WHICH REQUIRE DISCLOSURE OF CERTAIN ASSETS, EARNED INCOME, LIABILITIES, OUTSIDE POSITIONS, OUTSIDE CONTRACTS AND AGREEMENTS, GIFTS, HOSPITALITY, REIMBURSEMENTS, AND OTHER INTERESTS RELATED TO THE EMPLOYEE'S SMITHSONIAN POSITION - ARE REVIEWED BY THE INSTITUTION'S OFFICE OF GENERAL COUNSEL FOR COMPLIANCE WITH APPLICABLE CONFLICT OF INTEREST POLICIES AND LAWS. IN ADDITION TO THIS REQUIRED REPORTING, ALL KEY EMPLOYEES ARE REQUIRED TO COMPLY WITH THE INSTITUTION'S STANDARDS OF CONDUCT, WHICH, AMONG OTHER THINGS, REQUIRES THAT EMPLOYEES NOT ENGAGE IN PRIVATE OR PERSONAL ACTIVITIES THAT MIGHT CONFLICT OR APPEAR TO CONFLICT WITH SMITHSONIAN INTERESTS, REQUIRES THAT EMPLOYEES OBTAIN OFFICE OF GENERAL COUNSEL APPROVAL BEFORE ENGAGING IN AN OUTSIDE ACTIVITY FOR COMPENSATION, AND REQUIRES EMPLOYEES TO CONSULT WITH THE OFFICE OF GENERAL COUNSEL WHENEVER A DOUBT EXISTS AS TO WHETHER AN ACTIVITY OR PLANNED ACTIVITY VIOLATES THE STANDARDS. ALL MEMBERS OF THE SMITHSONIAN'S GOVERNING BODY ARE REQUIRED TO COMPLETE AND FILE ANNUALLY THE BOARD OF REGENTS ANNUAL DISCLOSURE STATEMENT. THESE STATEMENTS - WHICH REQUIRE REPORTING BY MEMBERS (INCLUDING ANY REPORTABLE INTERESTS HELD BY IMMEDIATE FAMILY MEMBERS) ON OUTSIDE POSITIONS AND SUBSTANTIAL SHAREHOLDING IN FOR-PROFIT BUSINESS ENTITIES, OUTSIDE POSITIONS IN NON-PROFIT ENTITIES, AND INTERESTS AND AFFILIATIONS OF THE MEMBER THAT HAVE OR SOUGHT TO HAVE A RELATIONSHIP TO THE SMITHSONIAN - ARE REVIEWED BY THE INSTITUTION'S GENERAL COUNSEL FOR COMPLIANCE WITH APPLICABLE CONFLICT OF INTEREST POLICIES AND LAWS. IN ADDITION TO THIS REQUIRED REPORTING, ALL MEMBERS OF THE SMITHSONIAN'S GOVERNING BODY ARE REQUIRED TO COMPLY WITH THE BOARD OF REGENTS ETHICS GUIDELINES, WHICH, AMONG OTHER THINGS, DEFINE CONFLICTS OF INTEREST AND ESTABLISH PROCEDURES FOR DISCLOSING AND REPORTING OF CONFLICTS AND RECUSAL FROM DECISION-MAKING.
FORM 990, PART VI, SECTION B, LINE 15	THE SMITHSONIAN ENSURES THAT COMPENSATION PAID TO OFFICERS AND OTHER KEY EMPLOYEES IS REASONABLE AND COMPARABLE TO SIMILAR ORGANIZATIONS. EMPLOYEES OF THE SMITHSONIAN MAY BE PAID WITH FEDERALLY APPROPRIATED FUNDS OR WITH NONFEDERAL ("TRUST") FUNDS. MOST TRUST FUNDED (NONFEDERAL) OFFICER AND KEY EMPLOYEE POSITIONS ARE SUBJECT TO MARKET-BASED COMPENSATION, AND THE BOARD OF REGENTS' COMMITTEE ON COMPENSATION AND HUMAN RESOURCES ENGAGES AN INDEPENDENT CONSULTANT TO DEVELOP AND ASSEMBLE COMPARABILITY DATA FOR ITS CONSIDERATION AND TO INFORM ITS DECISIONS. THE COMMITTEE'S ANNUAL DELIBERATIONS AND DECISIONS ARE DOCUMENTED AS PART OF THE FINAL RECOMMENDATION MATERIALS SUBMITTED TO THE BOARD OF REGENTS. SALARIES FOR FEDERAL EMPLOYEES ARE DETERMINED BY STATUTORILY ESTABLISHED PAY RANGES FOR CIVIL SERVICE EMPLOYEES. AS A MATTER OF POLICY, THE SMITHSONIAN HAS ESTABLISHED SIMILAR RANGES FOR CERTAIN TRUST FUNDED OFFICER AND KEY EMPLOYEE POSITIONS AND MAINTAINS THOSE RANGES IN PROPORTION TO THE APPROPRIATE FEDERAL PAY RANGES.
FORM 990, PART VI, SECTION C, LINE 19	THE SMITHSONIAN MAKES ITS GOVERNING DOCUMENTS, STATEMENT OF VALUES AND CODE OF ETHICS, AND AUDITED FINANCIAL STATEMENTS AVAILABLE ON ITS PUBLIC WEBSITE (WWW.SI.EDU). DOCUMENTS MAY ALSO BE VIEWED AT THE OFFICE OF FINANCE AND ACCOUNTING OR MAILED.
FORM 990, PART IX, LINE 11G	ADVSRY & ASSISTNC SRVCS PSC: PROGRAM SERVICE EXPENSES 168,114. MANAGEMENT AND GENERAL EXPENSES 64,481. FUNDRAISING EXPENSES 431. TOTAL EXPENSES 233,026. ADVISORY AND ASST SVCS NON PSC: PROGRAM SERVICE EXPENSES 2,191,692. MANAGEMENT AND GENERAL EXPENSES 629,118. FUNDRAISING EXPENSES 301,230. TOTAL EXPENSES 3,122,040. CENTRAL ENGINEERING SERVICES: PROGRAM SERVICE EXPENSES 13,792,837. MANAGEMENT AND GENERAL EXPENSES 1,201. FUNDRAISING EXPENSES 4,402. TOTAL EXPENSES 13,798,440. TECH/ADMIN SVCS - 1099 VENDORS: PROGRAM SERVICE EXPENSES -49,226. MANAGEMENT AND GENERAL EXPENSES 6,850. FUNDRAISING EXPENSES -267. TOTAL EXPENSES -42,643. NON-BENEFIT POOL TUITION: PROGRAM SERVICE EXPENSES 47,573. MANAGEMENT AND GENERAL EXPENSES 476. FUNDRAISING EXPENSES 6,717. TOTAL EXPENSES 54,766. SAO MACHINE SHOP SERVICES: PROGRAM SERVICE EXPENSES 145,685. MANAGEMENT AND GENERAL EXPENSES 86. FUNDRAISING EXPENSES 2,410. TOTAL EXPENSES 148,181. INSTITUTIONAL MEMBERSHIP & FEES: PROGRAM SERVICE EXPENSES 1,009,222. MANAGEMENT AND GENERAL EXPENSES 236,368. FUNDRAISING EXPENSES 57,814. TOTAL EXPENSES 1,303,404. SUPPORT EXTERNAL ORGANIZATIONS: PROGRAM SERVICE EXPENSES 235,067. MANAGEMENT AND GENERAL EXPENSES 17,754. FUNDRAISING EXPENSES 29,590. TOTAL EXPENSES 282,411. TEMP EMPLOYMENT SVCS: PROGRAM SERVICE EXPENSES 4,718,072. MANAGEMENT AND GENERAL EXPENSES 2,708,184. FUNDRAISING EXPENSES 439,618. TOTAL EXPENSES 7,865,874. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 84,768,494. MANAGEMENT AND GENERAL EXPENSES 12,990,504. FUNDRAISING EXPENSES 13,860,594. TOTAL EXPENSES 111,619,592. AUDIO VISUAL SERVICES: PROGRAM SERVICE EXPENSES 3,723,067. MANAGEMENT AND GENERAL EXPENSES -448,063. FUNDRAISING EXPENSES 744,970. TOTAL EXPENSES 4,019,974. LECTURES HONORARIA: PROGRAM SERVICE EXPENSES 2,555,685. MANAGEMENT AND GENERAL EXPENSES 36,302. FUNDRAISING EXPENSES 53,235. TOTAL EXPENSES 2,645,222. EXHIBIT SERVICES: PROGRAM SERVICE EXPENSES 10,265,489. MANAGEMENT AND GENERAL EXPENSES 20,045. FUNDRAISING EXPENSES 100,745. TOTAL EXPENSES 10,386,279. OTHER PURCH G&S GOVT: PROGRAM SERVICE EXPENSES 411,025. MANAGEMENT AND GENERAL EXPENSES -203,390. FUNDRAISING EXPENSES 1,528. TOTAL EXPENSES 209,163. IAT IN-HOUSE CONSULTANT: PROGRAM SERVICE EXPENSES 106,332. MANAGEMENT AND GENERAL EXPENSES -59,260. FUNDRAISING EXPENSES -28. TOTAL EXPENSES 47,044. SAO CENTRAL ENG. SERV-ACCR: PROGRAM SERVICE EXPENSES -346,674. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES -10. TOTAL EXPENSES -346,684. SAO MACHINE SHOP SERV-ACCR: PROGRAM SERVICE EXPENSES -5,741. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -5,741. REIMB GOVERNMENT AGENCIES: PROGRAM SERVICE EXPENSES -11,540. MANAGEMENT AND GENERAL EXPENSES -2,787. FUNDRAISING EXPENSES -30. TOTAL EXPENSES -14,357. OPERATION & MAINT FACILITIES: PROGRAM SERVICE EXPENSES 30,441,308. MANAGEMENT AND GENERAL EXPENSES 22,648,237. FUNDRAISING EXPENSES 70,687. TOTAL EXPENSES 53,160,232. WASTE REMOVAL: PROGRAM SERVICE EXPENSES 254,406. MANAGEMENT AND GENERAL EXPENSES 53,237. FUNDRAISING EXPENSES 590. TOTAL EXPENSES 308,233. GUARD SERVICES: PROGRAM SERVICE EXPENSES 30,655,353. MANAGEMENT AND GENERAL EXPENSES 7,084,078. FUNDRAISING EXPENSES 618,487. TOTAL EXPENSES 38,357,918. CUSTODIAL SERVICES: PROGRAM SERVICE EXPENSES 3,967,087. MANAGEMENT AND GENERAL EXPENSES 890,941. FUNDRAISING EXPENSES 356,536. TOTAL EXPENSES 5,214,564. MEDICAL CARE: PROGRAM SERVICE EXPENSES 244,575. MANAGEMENT AND GENERAL EXPENSES 16,773. FUNDRAISING EXPENSES 64. TOTAL EXPENSES 261,412. EQUIP. NON IT MAINT & REPAIR: PROGRAM SERVICE EXPENSES 8,597,447. MANAGEMENT AND GENERAL EXPENSES 1,539,703. FUNDRAISING EXPENSES 20,553. TOTAL EXPENSES 10,157,703. CATERING: PROGRAM SERVICE EXPENSES 6,514,444. MANAGEMENT AND GENERAL EXPENSES 463,622. FUNDRAISING EXPENSES 3,133,757. TOTAL EXPENSES 10,111,823. COST OF SHARING EXPENSE: PROGRAM SERVICE EXPENSES 4,103,859. MANAGEMENT AND GENERAL EXPENSES 13. FUNDRAISING EXPENSES 469,016. TOTAL EXPENSES 4,572,888. COST SHARING CENTRAL SERVICE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 52. FUNDRAISING EXPENSES 20,000. TOTAL EXPENSES 20,052. STAFF/BUSINESS EXPENSE: PROGRAM SERVICE EXPENSES 423,078. MANAGEMENT AND GENERAL EXPENSES 4,844. FUNDRAISING EXPENSES 122,139. TOTAL EXPENSES 550,061. PEST CONTROL SERVICES: PROGRAM SERVICE EXPENSES 259,700. MANAGEMENT AND GENERAL EXPENSES 6,315. FUNDRAISING EXPENSES 152. TOTAL EXPENSES 266,167. SUBSTNC & SUPPORT PERSONS: PROGRAM SERVICE EXPENSES 1,629,669. MANAGEMENT AND GENERAL EXPENSES 32,709. FUNDRAISING EXPENSES -15,030. TOTAL EXPENSES 1,647,348.
FORM 990, PART XI, LINE 9:	SALES OF COLLECTIONS 194,368.
FORM 990, PART XII, LINE 2B	THE SMITHSONIAN INSTITUTION IS SEPARATELY AUDITED. THE SMITHSONIAN INSTITUTION'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN THE UNITED STATES GOVERNMENT'S CONSOLIDATED AUDITED FINANCIAL STATEMENTS.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

SMITHSONIAN INSTITUTION

Employer identification number

53-0206027

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)CLAY FELLOWSHIPS CHARITABLE TRUST 10 MEMORIAL BOULEVARD PROVIDENCE,RI02903 04-3560268	SUPPORT OF SMITHSONIAN ASTROPHYSICAL OBSERVATORY	MA	501(C)(3)	12 TYPE III-O	N/A		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2023

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Predominant income(related, unrelated, excluded from tax under sections 512-514)	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity		(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership
(1) BLACKBIRD 1846 ENERGY FUND LP 10000 MEMORIAL DRIVE SUITE 550 HOUSTON,TX77024 47-3887280	INVESTMENT	DE	BLACKBIRD 1846 ENERGY FUND GP LP	EXCLUDED	48,058			No			No	100.000 %

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) CHARITABLE REMAINDER TRUSTS (1) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	AZ	N/A	T				Yes
(2) CHARITABLE REMAINDER TRUSTS (2) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	CO	N/A	T				Yes
(3) CHARITABLE REMAINDER TRUSTS (1) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	CT	N/A	T				Yes
(4) CHARITABLE REMAINDER TRUSTS (2) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	DC	N/A	T				Yes
(5) CHARITABLE REMAINDER TRUSTS (2) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	IL	N/A	T				Yes
(6) CHARITABLE REMAINDER TRUSTS (1) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	MI	N/A	T				Yes
(7) CHARITABLE REMAINDER TRUSTS (3) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	NJ	N/A	T				Yes
(8) CHARITABLE REMAINDER TRUSTS (1) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	NY	N/A	T				Yes
(9) CHARITABLE REMAINDER TRUSTS (1) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	PA	N/A	T				Yes
(10) CHARITABLE REMAINDER TRUSTS (5) 1000 JEFFERSON DRIVE SW WASHINGTON,DC20560	CHARITABLE REMAINDER TRUST	VA	N/A	T				Yes

Schedule R (Form 990) 2023

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

Yes

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

Yes

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) BLACKBIRD 1846 ENERGY	S	864,380	FMV

Schedule R (Form 990) 2023

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2023

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) 2023

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No