Overview

Sign up for

Est.

1967

Fiscal Year Start

Apr 1

Organization Type

Grantseeker

AI Summary

The Institute of Navigation (EIN: 53-6019389) is a nonprofit organization dedicated to advancing the art and science of positioning, navigation, and timing, with a focus on marine science. With an operating budget of $2.8 million and total revenue of $7.2 million for the filing year 2025, the organization demonstrates a robust financial scale. Notably, it relies on a significant funding source, as an unknown funder contributes $12.5 million, which constitutes over 50% of its revenue. More information can be found on their website at www.ion.org.

Mission Statement

THE MISSION OF ION IS TO ADVANCE THE ART AND SCIENCE OF POSITIONING, NAVIGATION AND TIMING.
Revenues
$7.2M
Expenses
$2.8M
Net Income:
+$4.4M
Assets
$25.6M
Liabilities
$1.6M
Net Assets:
+$23.9M
Operating Budget
$2.8M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
1
Median grant size
$500
Largest grant received
$500
L
Lisa Beaty
Board Member
L
Larry Hothem
Board Member
P
Paul Alves
Board Member

Frequently Asked Questions

What is THE INSTITUTE OF NAVIGATION’s budget?
In 2025, THE INSTITUTE OF NAVIGATION reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does THE INSTITUTE OF NAVIGATION support?
THE INSTITUTE OF NAVIGATION supports work in Marine science.
Where does THE INSTITUTE OF NAVIGATION operate?
THE INSTITUTE OF NAVIGATION is headquartered in Manassas, VA.
Who funded THE INSTITUTE OF NAVIGATION recently?
In 2021, THE INSTITUTE OF NAVIGATION received grants from CARMAX FOUNDATION and CARMAX FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE INSTITUTE OF NAVIGATION received in 2021?
The largest grant to THE INSTITUTE OF NAVIGATION in 2021 exceeds <$1,000.