Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1990.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
38 people listed on the 990; $2.2M paid to officers and key staff.
Mindy Lubber’s $333K as CEO and President is at the 72nd percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Mindy Lubber | $333,139 | $311,427 | $324,205 | $296,810 | $279,289 | $257,625 |
| Susan Sayers | $308,841 | $288,120 | $284,122 | $262,133 | $253,406 | $220,104 |
| Susan Boyer | $272,841 | $252,762 | $246,587 | $202,209 | $183,888 | $160,471 |
| Dawn Martin Until Aug 2024 | — | $255,415 | — | — | — | — |
| Dawn Martin | $243,024 | — | $253,299 | $230,386 | $220,349 | $191,660 |
| Steven Rothstein | $252,897 | $235,895 | $232,051 | $209,806 | $186,883 | — |
| Donna Daniels | $234,204 | $216,420 | $25,334 | — | — | — |
| Anne Kelly | $228,731 | $214,649 | $212,177 | $188,195 | $171,648 | $148,436 |
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.
See Ceres INC executive salaries →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
Mobilizes influential investors and companies to adopt sustainable business practices and advocate for policies addressing climate change, water scarcity, and social inequality.
Questions for Ceres INC
Your first name shows with your question. Ceres INC answers here, for everyone.
Sustainable Capital Markets
See schedule osustainable capital markets: ceres mobilizes influential financial market actors to engage and collaborate on environmental, social, and governance issues to advance leading investment practices, corporate engagement strategies and policy solutions through working groups and shared learning opportunities, such as webinars…
Policy
See schedule opolicy: the ceres policy network, known as bicep, comprises 80+ companies, including dozens of leading consumer brands and fortune 500s, advocating for strong climate, clean energy and water policies at the state and federal levels the ceres bicep network helps companies voice their support for the policies our economy…
Climate and Energy
See schedule oclimate and energy: ceres mobilizes the most influential investors and companies in tackling climate change as a sustainability issue and financial risk issue that must be addressed at every level of business and investment planning and operations.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $23.5M | $20.7M |
| Land, buildings, equipmentLn 10c | $1.3M | $1.0M |
| Total assetsLn 16 | $41.0M | $43.3M |
| LiabilitiesLn 26 | $6.1M | $6.5M |
| Net assetsLn 32 | $35.0M | $36.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $549K | $549K | ||
| Grants and assistance to foreign recipientsLn 3 | $4.6M | $4.6M | ||
| Pay of current officers, directors and key staffLn 5 | $2.4M | $1.6M | $379K | $432K |
| Other salaries and wagesLn 7 | $19.1M | $15.3M | $2.5M | $1.3M |
| Pension plan contributionsLn 8 | $774K | $597K | $114K | $62K |
| Other employee benefitsLn 9 | $3.1M | $2.4M | $462K | $253K |
| Payroll taxesLn 10 | $1.7M | $1.3M | $239K | $129K |
| Legal feesLn 11b | $92K | $83K | $9K | |
| Accounting feesLn 11c | $138K | $33K | $105K | |
| Lobbying feesLn 11d | $322K | $322K | ||
| Other fees for servicesLn 11g | $3.1M | $2.9M | $52K | $95K |
| Advertising and promotionLn 12 | $305K | $299K | $6K | |
| Office expensesLn 13 | $826K | $668K | $94K | $64K |
| Information technologyLn 14 | $512K | $427K | $51K | $34K |
| OccupancyLn 16 | $816K | $679K | $87K | $49K |
| TravelLn 17 | $873K | $775K | $9K | $89K |
| Conferences, conventions and meetingsLn 19 | $1.3M | $1.3M | $19K | $37K |
| Depreciation, depletion and amortizationLn 22 | $451K | $360K | $59K | $33K |
| Other expenses (24a–d)Ln 24 | $801K | $775K | $19K | $7K |
| Total functional expensesLn 25 | $41.6M | $34.8M | $4.2M | $2.6M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Aug 25, 2026 | $33.6M | $37.8M | −$4.2M | $29.4M | 990 PDF |
| FY2024Filed with the IRS Aug 27, 2025 | $40.9M | $44.3M | −$3.3M | $33.5M | 990 PDF |
| FY2023 ViewingFiled with the IRS Aug 30, 2024 | $43.5M | $41.6M | $1.9M | $36.8M | 990 PDF |
| FY2022Filed with the IRS Aug 29, 2023 | $31.7M | $36.4M | −$4.8M | $35.0M | 990 PDF |
| FY2021Filed with the IRS Sep 9, 2022 | $44.5M | $26.8M | $17.6M | $40.7M | 990 PDF |
| FY2020Filed with the IRS Aug 31, 2021 | $24.6M | $21.7M | $2.9M | $22.7M | 990 PDF |
Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $43,487,488 revenue, 12 lines filed
Part VI · Governance 25 of 26 board members independent, no flags
Part VIII · Statement of revenue $43,487,488 across 10 lines filed
Part IX · Statement of functional expenses $41,602,787 across 19 lines filed
Part X · Balance sheet $43,309,140 assets, 15 lines filed
Part XI · Reconciliation of net assets $36,789,978 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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