Maryland · Nonprofit
UNITED STATES NAVAL INSTITUTE
UNITED STATES NAVAL INSTITUTE (Maryland) receives grants from 18 organizations whose IRS filings report $3,978,416 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,174,750). 13 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $11M
- Funders on record
- 18
- Grants received
- $4.0M
- Net assets
- $3.4M
What United States Naval Institute does
Mission
Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.
As stated on its FY2024 Form 990.
Programs
Publishing costs:includes costs of producing proceedings which is an independent, open forum for articles from naval professionals and civilian contributors featuring current professional topics and issues. Also, naval history magazine showcases historical topics with focus on the sea services. Additionally, the naval institute press, which is the book-publishing arm of the naval institute publishes about seventy titles each year, ranging from books on navigation to battle histories, united states naval academy textbooks and reference books, biographies, ship and aircraft guides, and novels.
$4,729,359 spentof which $3,250 as grants$4,760,546 earned by the program73% of program spendingConference expenses:the institute provides for various seminars and meetings throughout its fiscal year on current and historical topics. These meetings offer a concentrated opportunity for the exchange of ideas and discussion of key naval issues among naval professionals andothers.
$1,039,049 spent$2,375,238 earned by the program16% of program spendingSpecial projects:represent various projects undertaken to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.
$240,930 spent4% of program spendingRoyalties: represent agreed-upon payments made by the institute to various authors for their respective books. The amount of the royalty is based upon the actual sales of the respective books and any sales of subsidiary rights.
$493,300 spent8% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,502,638.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $37M to $7.0M (−81%).
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.
Government-grant reliance: 2020 5% · 2021 9%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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
Radm Raymond Spicer Usn
CEO, publisher, dir
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 7 funders, grant income rose $77k → $283k.
11 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 78% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $66M from one payer (the payer shares this organization's board, largest The Naval Institute Foundation Inc). These are real filings, and they are not money UNITED STATES NAVAL INSTITUTE raised.
From the IRS filings of UNITED STATES NAVAL INSTITUTE’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
UNITED STATES NAVAL INSTITUTE has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
96% 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 UNITED STATES NAVAL INSTITUTE.
Largest funder’s share by year: 2017 39% · 2018 53% · 2019 42% · 2020 35% · 2021 84% · 2022 77% · 2023 57% — growing more concentrated.
“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.
How long its funders stay
30% of UNITED STATES NAVAL INSTITUTE's funders are still giving 3 years after their first grant; 72% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
78% of UNITED STATES NAVAL INSTITUTE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $869k that is directly attributable, 100% of it comes from funders outside Maryland, across 6 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.1M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Government funding UNITED STATES NAVAL INSTITUTE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.3M on record.
- Department of Defense$6.3M
- Department of Transportation$6k
- Department of State$5k
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 UNITED STATES NAVAL INSTITUTE
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 Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
61% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- The Naval Institute Foundation Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for UNITED STATES NAVAL INSTITUTE: 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.
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 UNITED STATES NAVAL INSTITUTE?
- UNITED STATES NAVAL INSTITUTE (Maryland) receives grants from 18 organizations whose IRS filings report $3,978,416 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,174,750). 13 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does UNITED STATES NAVAL INSTITUTE have?
- IRS filings report 18 organizations giving $3,978,416 in grants to UNITED STATES NAVAL INSTITUTE, 13 of which have funded it in more than one year.
- Who is the largest funder of UNITED STATES NAVAL INSTITUTE?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,174,750 in grants. The full list of funders is on this page.
- How can an organization like UNITED STATES NAVAL INSTITUTE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 FY2024 (financials across 2017–2024), and the filings of 18 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