Yorktown Institute
Nonprofit profile at a glance
- EIN
- 874695609
- IRS 990-EZ coverage
- 2024–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2023, Form 990-EZ 2025, Form 990-N 2022
- Location
- Bethesda, MD, USA
- Phone
- 2026800060
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Research Institutes and/or Public Policy Analysis
Reported finances
- Revenue
- $120,566
- Expenses
- $196,988
- Assets
- $249,383
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Seth Cropsey (President)
People named in this filing
- Seth Cropsey (President)
- Austen Maggin (COO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Yorktown Institute’s mission is to exemplify America’s founding principles in the areas of national security, diplomacy, foreign policy, and statecraft. We study and advocate a grand strategy rooted in constitutional governance, a competitive military industrial base, and international alliances.
What it reported doing in 2025
Yorktown Institute Fellows published dozens of articles and papers in publications with both national and international reach, including the Wall Street Journal, National Review, New York Times, Newsweek, and the Naval War College. All articles concerned the national security of the United States.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 100
- Sustainability: 31
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.9%; rating input score 95
- Program expense ratio: 58.1%; rating input score 58
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -63.4%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 1.27; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 7.6%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 114.7% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: -67.3% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -17.9% per year; rating input score 0; 7th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 94.9% of revenue deployed · 58.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $114K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 23/100.