National Restaurant Association is a 501(c)(6) organization based in Washington, District of Columbia, registered in 1943, with $116,506,047 in FY2024 revenue.
Revenue (FY2024)
$116.5M
▲ 3.5% vs prior year
Expenses (FY2024)
$125.7M
Net assets
$150.5M
Employees
389
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for National Restaurant Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Restaurant Association: 14 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For National Restaurant Association: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Restaurant Association: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The national restaurant association creates value for the foodservice industry and its membership in the avenues of research, advocacy and education. we conduct research on current trends, advocate policy initiatives, and provide educational and networking opportunities for the industry.
Government relations and communications: the nra monitors both federal and state government and legislation for changes in their policies as they relate to the restaurant industry. depending on the specific issue, the nra, along with the state restaurant associations, develops an appropriate position and response to the specific issue and works with government agencies/organizations to achieve the best possible outcome for the industry. the nra maintains and distributes publications on various matters that affect the industry.
Support of tradeshows: the 2024 national restaurant association show attracted over 58,000 atendees from all over the united states and around the world, covering over 723,000 square feet, showcasing manufacturers and suppliers from across the foodservice industry.
Revenue grew from $71.3M (FY2013) to $116.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-7.9%
Spent more than it raised in the latest fiscal year.
Total assets
$200.6M
Total liabilities
$50.1M
Net assets
$150.5M
Salaries & benefits
$59.0M
47% of expenses
Board members
70
70 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $116,506,047▲3.5% | $125,735,632▲7.7% | $150,501,558▼3.7% | $200,580,613▼3.1% | 990 |
| 2023 | $112,585,728▲15.8% | $116,721,582▲7.4% | $156,243,945▲0.5% | $206,935,101▼0.9% | 990 |
| 2022 | $97,254,330▲1.2% | $108,729,682▲10.9% | $155,496,836▲15.4% | $208,742,142▲8.3% | 990 |
| 2021 | $96,146,955▲31.8% | $98,006,479▼0.6% | $134,725,175▲191% | $192,667,812▲87.0% | 990 |
| 2020 | $72,934,969▼32.5% | $98,591,466▼10.8% | $46,307,681▼76.6% | $103,034,526▼57.9% | 990 |
| 2019 | $107,985,978▼62.7% | $110,565,993▼6.6% | $197,991,802▼6.1% | $244,504,432▼2.2% | 990 |
| 2018 | $289,435,917▲163% | $118,330,524▲7.0% | $210,898,425▲369% | $249,880,129▲151% | 990 |
| 2017 | $110,192,183▲12.7% | $110,619,133▲11.8% | $45,012,072▲3.3% | $99,425,566▲16.3% | 990 |
| 2016 | $97,759,404▲15.5% | $98,974,477▲18.2% | $43,589,914▼1.0% | $85,518,538▲6.6% | 990 |
| 2015 | $84,618,597▲5.9% | $83,732,880▲4.8% | $44,040,942▼2.4% | $80,253,112▲2.2% | 990 |
| 2014 | $79,907,305▲12.1% | $79,867,403▲12.5% | $45,142,448▼0.7% | $78,497,634▲0.3% | 990 |
| 2013 | $71,298,845 | $70,993,503▲4.7% | $45,451,927▲3.2% | $78,280,246▼2.7% | 990 |
| 2012 | — | $67,774,260▲4.1% | $44,035,565▲0.5% | $80,424,441▲24.7% | 990 |
| 2011 | — | $65,134,253▲16.7% | $43,795,680▲143% | $64,492,494▲60.7% | 990 |
| 2010 | — | $55,826,786 | $17,987,084 | $40,137,456 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Michelle L Korsmo — $2,556,642 (2.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michelle L Korsmo | President & Ceo | 30 | $2,556,642 |
| Sean Kennedy | Evp, Policy & Government Affairs | 40 | $1,460,779 |
| Marvin F Irby | Cao (until 6/15/24) | 30 | $962,747 |
| Sherman L Brown | Evp, Business Services | 40 | $953,685 |
| Chris Rodgers | Evp, General Counsel & Corp. Sec. | 40 | $885,489 |
| Kevin A Steele | Chief Info. Officer (until 9/21/24) | 40 | $703,774 |
| Tia E Mattson | Evp, Enterprise Mktg. (until 9/21/24) | 40 | $686,271 |
| Eric Ellis | Cfo | 30 | $467,334 |
| Dionne Harris | Svp, People & Culture | 40 | $451,237 |
| Ngocdung Vu | Svp, Mmbr./strat. Dev. (until 3/9/24) | 40 | $399,829 |
| Hudson Riehle | Svp, Research & Knowledge | 40 | $389,365 |
| Angelo Amador | Svp, Legal Advocacy & Reg. Counsel | 8 | $367,794 |
| Daniel Roehl | Vp, Federal Government Affairs | 40 | $347,464 |
| Matthew Walker | Vp, Government Affairs | 40 | $345,735 |
| Adam Mills | Director | 2 | — |
| Aileen V Reilly | Director | 2 | — |
| Amanda Grimmer | Director | 2 | — |
| Amber Moshakos | Director | 2 | — |
| Anne Fink | Director | 2 | — |
| Anthony Anton | Director | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Centric Consulting LLC | Professional Consulting Services | $852,400 |
| Officepartners360 LLC | Professional Consulting Services | $697,028 |
| Professional Testing | Psychometric Services | $681,788 |
| Laughlin Constable Inc | Advertising Services | $514,514 |
| Stagwell Global LLC | Professional Consulting Services | $403,584 |
3 grants to National Restaurant Association totaling $120K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Gas Association | Sponsorship | 2024 | $10,000 |
| American Gas Association | Sponsorship | 2023 | $10,000 |
| National Restaurant Association | Sponsorship | 2018 | $100,000 |
45 grants totaling $2.6M in FY2024 — showing the 15 largest. All grants made by National Restaurant Association →
| Recipient | Purpose | Amount |
|---|---|---|
| Committee To Protect Tips | Advocacy | $300,000 |
| Arizona Restaurant Association Foundation | Advocacy | $285,000 |
| Michigan Hospitality Foundation | Advocacy | $265,000 |
| Restaurant Law Center | Advocacy | $225,000 |
| Massachusetts Restaurant Association Educational Foundation | Advocacy | $220,000 |
| Council of State Restaurant Association | Sponsorship | $175,000 |
| Save Local Restaurants | Advocacy | $125,000 |
| Oregon Restaurant & Hospitality Assoc | Advocacy | $83,000 |
| Multi-cultural Foodservice & Hospitality Alliance | Advocacy | $59,000 |
| Connecticut Restaurant Association Inc | Advocacy | $56,500 |
| Pennsylvania Resturant and Lodging Association | Advocacy | $50,000 |
| Merchants Payments Coalition Inc | Advocacy | $50,000 |
| Tennessee Hospitality & Tourism Association | Advocacy | $40,000 |
| Us Travel Association | Sponsorship | $35,250 |
| Louisiana Restaurant Association Inc | Advocacy | $35,000 |
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Data for National Restaurant Association (EIN 36-1525480) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.