The 1954 National Challenge Cup was the 41st edition of the United States Soccer Football Association's annual open soccer championship.
 Dewar Challenge Cup | |
| Tournament details | |
|---|---|
| Country |  USA |
| Dates | 6 December 1953- 16 May 1954 |
| Defending champions | Chicago Falcons |
| Final positions | |
| Champions | New York Americans (2nd title) |
| Runner-up | St. Louis Kutis S.C. |
| Semifinalists |
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