Revenues, in Percent, FY 2021

Contributions & Private Grants 35.6%
Federal Appropriations 46.5%
Other (includes Business Income)* 6.5%
Investment Earnings 5.5%
Government Grants & Contracts 5.9%
Total Revenue 100.0%

*Business income generated through Smithsonian Enterprises and includes revenues from parking, restaurants, retail, PD&L and other royalties.

Expenses, in Percent, FY 2021

Exhibitions 54.2%
Collections Activity 17.7%
Research 5.8%
Public Programs 5.4%
Management and Operations 8.0%
Advancement 5.9%
Information Technology 2.6%
Facilities 0.4%
Total Expenses 100.0%