Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1956.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
42 people listed on the 990; $6.3M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Walter Lukken | $2,096,079 | $1,765,415 | $1,801,688 | $1,755,969 | $1,670,554 |
| Jacqueline Mesa | $866,422 | $808,977 | $753,886 | $725,048 | $686,927 |
| Allison Lurton | $703,913 | $657,386 | $670,618 | $632,224 | $595,207 |
| Richard G Sheetz | $549,903 | $503,917 | $531,778 | $493,182 | $457,073 |
| Donald Byron | $384,612 | $354,678 | $343,008 | $329,176 | $288,466 |
| William Acworth | $325,257 | $320,396 | $301,962 | $293,568 | $286,674 |
| Michael Sorrell | $311,778 | $307,030 | $292,868 | $285,791 | $271,233 |
| Charles Jones | — | — | $304,283 | $281,368 | $271,535 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Advocates for the global cleared derivatives industry by providing legal documentation, regulatory compliance tools, and educational resources for futures and swaps market participants.
Questions for Futures Industry Association INC
Your first name shows with your question. Futures Industry Association INC answers here, for everyone.
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Fia's documentation library and CCP risk review services provide valuable legal opinions, client terms of business documentation, and summaries of rules and procedures of CCP'S worldwide. Fia works closely with member firms to develop industry-standard agreements that all market participants can use to support their trading and clearing…
Fia is the leading global trade association for the futures, options and centrally cleared derivatives market. Fia's membership represents clearing firms, exchanges, clearinghouses, trading firms, and commodity specialists, as well as technology vendors, law firms and other professional service providers.
Fia works actively to preserve the system of free and competitive markets by representing the interests of the industry in connection with business, regulatory exchange, international and legislative issues through the exchange of ideas supported by our conferences and events.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $912K | $2.8M |
| InvestmentsLn 11–13 | $34.8M | $31.9M |
| Land, buildings, equipmentLn 10c | $3.7M | $3.8M |
| Total assetsLn 16 | $48.6M | $49.2M |
| LiabilitiesLn 26 | $27.2M | $24.8M |
| Net assetsLn 32 | $21.4M | $24.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $5.2M | |||
| Other salaries and wagesLn 7 | $4.6M | |||
| Pension plan contributionsLn 8 | $627K | |||
| Other employee benefitsLn 9 | $669K | |||
| Payroll taxesLn 10 | $559K | |||
| Management feesLn 11a | $4.6M | |||
| Legal feesLn 11b | $686K | |||
| Accounting feesLn 11c | $82K | |||
| Lobbying feesLn 11d | $820K | |||
| Investment management feesLn 11f | $54K | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $15K | |||
| Office expensesLn 13 | $433K | |||
| Information technologyLn 14 | $771K | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $1.2M | |||
| TravelLn 17 | $779K | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $5.9M | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $7.0M | |||
| Depreciation, depletion and amortizationLn 22 | $1.5M | |||
| InsuranceLn 23 | $128K | |||
| Other expenses (24a–d)Ln 24 | $840K | |||
| All other expensesLn 24e | $518K | |||
| Total functional expensesLn 25 | $37.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 | $36.1M | $37.0M | −$937K | $24.4M | 990 PDF |
| FY2023Filed with the IRS Nov 6, 2024 | $33.8M | $35.1M | −$1.3M | $21.4M | 990 PDF |
| FY2022Filed with the IRS Nov 15, 2023 | $30.7M | $32.7M | −$2.0M | $20.9M | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $48.0M | $29.2M | $18.8M | $25.4M | 990 PDF |
| FY2020Filed with the IRS Nov 15, 2021 | $23.9M | $25.5M | −$1.6M | $6.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $36,079,249 revenue, 12 lines filed
Part VI · Governance 30 of 32 board members independent, no flags
Part VIII · Statement of revenue $36,079,249 across 5 lines filed
Part IX · Statement of functional expenses $37,016,571 across 25 lines filed
Part X · Balance sheet $49,151,476 assets, 14 lines filed
Part XI · Reconciliation of net assets $24,375,337 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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