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Washington, D.C. · Nonprofit

NATIONAL RETAIL FEDERATION INC

NATIONAL RETAIL FEDERATION INC (Washington, D.C.) receives grants from 2 organizations whose IRS filings report $45,000 to it, the largest being NATIONAL MARINE MANUFACTURERS ASSOCIATION ($30,000). 1 of them have funded it in more than one year.

Revenue FY2026
$93M
Funders on record
2
Grants received
$45k
Net assets
$20M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What National Retail Federation Inc does

Mission

Nrf's mission is to advance and protect the interests of the retail industry and to help retailers achieve excellence in all areas of their business.

As stated on its FY2026 Form 990.

Programs

  1. Nrf advances and protects the interests of the retail industry through its legislative and regulatory advocacy. These efforts focus on the issues that directly affect the retail business including credit and payments policy, labor benefits and employment practices, trade and tax policy, among others.

  2. Nrf helps retailers achieve excellence in all areas of their business through its annual convention, conferences and workshops. These events bring retailers together with industry thought leaders and suppliers to explore research on the future of retail; examine benchmarking and best practices of industry peers; and learn about cutting edge products from the industry's leading solution providers. Designed to meet the needs of a variety of retail disciplines including strategy and retail operations, technology, e-commerce, loss prevention and marketing the events attract more than 40,000 industry professionals annually.

  3. Nrf helps its members achieve excellence in their business through information dissemination on topics that range from data security, e-commerce, sales trends, to facilitation of peer to peer interaction that create workable solutions to business challenges such as leveraging technology in an uncertain economy and managing generational differences. The work is conducted by over 40 industry councils and task forces.

The 3 programs described on its FY2025 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($54M) Expenses 100 ($55M) Net assets 100 ($32M)2018 Revenue 111 ($60M) Expenses 110 ($60M) Net assets 101 ($33M)2019 Revenue 105 ($57M) Expenses 103 ($57M) Net assets 99 ($32M)2020 Revenue 111 ($60M) Expenses 103 ($56M) Net assets 97 ($31M)2021 Revenue 37 ($20M) Expenses 69 ($38M) Net assets 62 ($20M)2022 Revenue 90 ($49M) Expenses 94 ($51M) Net assets 48 ($16M)2023 Revenue 114 ($62M) Expenses 119 ($65M) Net assets 36 ($12M)2024 Revenue 127 ($69M) Expenses 122 ($67M) Net assets 49 ($16M)2025 Revenue 139 ($75M) Expenses 138 ($76M) Net assets 52 ($17M)2026 Revenue 172 ($93M) Expenses 169 ($93M) Net assets 63 ($20M)
'17'18'19'20'21'22'23'24'25'26
Revenue (172)Expenses (169)Net assets (63)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $56M to $76M (+35%).

$56M
$55M
$53M
$61M
$52M
$45M
$47M
$56M
$76M
$78M
'17'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 10 reported years ran a deficit.

−$711k
’17
−$607k
’18
$267k
’19
$3.6M
’20
−$18M
’21
−$2.8M
’22
−$3.4M
’23
$1.5M
’24
−$637k
’25
$580k
’26
0.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Matthew R Shay

President and CEO

Board chair

Robert Eddy

Chair

As listed on its FY2026 Form 990.

'17'18'19'20'21'22'23'24'25'26
Listed43474440464242373942
Joined·+18+16+6+11+11+10+4+2+6
No longer listed·14191051510903
03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income fell $25k → $5k.

Funder
'19
'21
'24*
total
funders
1
1
1

Left out of every figure on this page: $3.0M from 4 payers (the payer shares this organization's board, largest Retail Industry Leaders Association Inc). These are real filings, and they are not money NATIONAL RETAIL FEDERATION INC raised.

From the IRS filings of NATIONAL RETAIL FEDERATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NATIONAL RETAIL FEDERATION INC leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NATIONAL RETAIL FEDERATION INC.

67%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

67% of NATIONAL RETAIL FEDERATION INC's grant income comes from Washington, D.C. funders.

NY
DC

In-state vs out-of-state, by year

’19
’21
Washington, D.C. out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding NATIONAL RETAIL FEDERATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $75 on record.

State$75
Top programs
  • REFUNDS - GENERAL $75

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NATIONAL RETAIL FEDERATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

32
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Nrf Foundation · exempt
  • Nrf Political Action Committee · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL RETAIL FEDERATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NATIONAL RETAIL FEDERATION INC?
NATIONAL RETAIL FEDERATION INC (Washington, D.C.) receives grants from 2 organizations whose IRS filings report $45,000 to it, the largest being NATIONAL MARINE MANUFACTURERS ASSOCIATION ($30,000). 1 of them have funded it in more than one year.
How many funders does NATIONAL RETAIL FEDERATION INC have?
IRS filings report 2 organizations giving $45,000 in grants to NATIONAL RETAIL FEDERATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of NATIONAL RETAIL FEDERATION INC?
NATIONAL MARINE MANUFACTURERS ASSOCIATION is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like NATIONAL RETAIL FEDERATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing