Project Management Institute: Nonprofit Profile, Financials & Form 990 (EIN 54-2015198)

Revenue by fiscal year
FY2020	$473K
FY2021	$600K
FY2022	$412K
FY2023	$447K
FY2024	$478K

Expenses by fiscal year
FY2020	$382K
FY2021	$348K
FY2022	$408K
FY2023	$355K
FY2024	$485K

Net assets by fiscal year
FY2020	$496K
FY2021	$748K
FY2022	$753K
FY2023	$845K
FY2024	$838K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

82%

18%

Program services 82% · $397K Management & general 18% · $88K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation

Tareka Wheeler

Chair Elect

$0Pt VII · Sec A

Aravin Rangara

VP Technology

$0Pt VII · Sec A

Mark Tolbert

Board Trustee

$0Pt VII · Sec A

Robbi Das

VP Operations Services

$0Pt VII · Sec A

Joseph Cruzjesu

VP Partnership Management

$0Pt VII · Sec A

Houng Soo

VP of Prof Development

$0Pt VII · Sec A

Michael Ortiz

VP of Finance

$0Pt VII · Sec A

Terri Wall

VP Membership

$0Pt VII · Sec A

See Project Management Institute executive salaries →

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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 15aNo

Programs and updates

Advances project management practice, science, and profession.

Provided by the organization

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3 programs · in their own filed words · FY2024

01

To provide membership services such as career and job placement opportunities for members through the use of job fairs, networking, and membership support services, and to recruit new members while retaining existing members.

Pt IX · col B

02

To provide members networking and educational opportunities through an annual convention, luncheons, and networking events where various speakers present to members the latest information about the profession.

Pt IX · col B

03

To provide professional development opportunities through educational seminars and classes.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

Project Management Institute INCFY2024$9K

Total grants receivedfrom 1 funder$9K

Grants paid · 1 grant · $20K · 2024–2024

Unitemized GrantFY2024$20,000

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$478K

Ln 12

Fees for servicesLn 2g$475K

Investment incomeLn 3$3K

Money outPt IX

$485K

Ln 25

Programscol B$397K

Managementcol C$88K

Owns and owesPt X

$838K

net assets · Ln 32

Cash and savingsLn 1–2$1.0M

Total assetsLn 16$1.1M

LiabilitiesLn 26$235K

PeoplePt VI, VII

12

listed · VII A

PaidVII A0

Voting boardVI 1a11

IndependentVI 1b11

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$475K

Investment incomeLn 3$3K

Total revenueLn 12$478K

Assets in detailPt X, end of year

CashLn 1$412K

SavingsLn 2$600K

Cash and savings togetherLn 1–2$1.0M

Land, buildings, equipmentLn 10c$0

Total assetsLn 16$1.1M

LiabilitiesLn 26$235K

Net assetsLn 32$838K

OperationsPt I, VI

EmployeesI 50

VolunteersI 6127

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$1.0M	$1.0M
Land, buildings, equipmentLn 10c	$0	$0
Total assetsLn 16	$1.1M	$1.1M
LiabilitiesLn 26	$216K	$235K
Net assetsLn 32	$845K	$838K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$20K	$20K
Management feesLn 11a	$5K	$5K	$0	$0
Accounting feesLn 11c	$47K	$4K	$43K	$0
Advertising and promotionLn 12	$16K	$12K	$5K	$0
Information technologyLn 14	$66K	$31K	$34K	$0
TravelLn 17	$2K	$2K	$0	$0
Conferences, conventions and meetingsLn 19	$6K	$6K	$0	$0
InsuranceLn 23	$3K	$0	$3K	$0
Other expenses (24a–d)Ln 24	$263K	$260K	$3K	$0
All other expensesLn 24e	$56K	$56K	$0	$0
Total functional expensesLn 25	$485K	$397K	$88K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$478K	$485K	−$7K	$838K	990 PDF
FY2023	$447K	$355K	$92K	$845K	990 PDF
FY2022	$412K	$408K	$4K	$753K	990 PDF
FY2021	$600K	$348K	$252K	$748K	990 PDF
FY2020	$473K	$382K	$92K	$496K	990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2024 990 (6 parts)

Part I · Summary $478,156 revenue, 12 lines filed

I-8 Contributions and grants$0

I-9 Program service revenuePrior year $438,884$474,734

I-10 Investment incomePrior year $7,957$3,422

I-11 Other revenue$0

I-12 Total revenuePrior year $446,841$478,156

I-13 Grants and similar amounts paid$20,000

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $354,885$465,055

I-18 Total expensesPrior year $354,885$485,055

I-19 Revenue less expensesPrior year $91,956−$6,899

Part VI · Governance 11 of 11 board members independent, 1 to look at

VI-1a Voting members of the governing body11

VI-1b Independent voting members11

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $478,156 across 3 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$474,734

VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $3,422$3,422

VIII-12 Total revenueRelated to mission $474,734 · Unrelated business $0 · Excluded from tax $3,422$478,156

Part IX · Statement of functional expenses $485,055 across 10 lines filed

IX-2 Grants to domestic individualsPrograms $20,000$20,000

IX-11a Management feesPrograms $4,775 · Management $0 · Fundraising $0$4,775

IX-11c Accounting feesPrograms $4,137 · Management $43,194 · Fundraising $0$47,331

IX-12 Advertising and promotionPrograms $11,939 · Management $4,539 · Fundraising $0$16,478

IX-14 Information technologyPrograms $31,477 · Management $34,475 · Fundraising $0$65,952

IX-17 TravelPrograms $1,995 · Management $0 · Fundraising $0$1,995

IX-19 Conferences, conventions and meetingsPrograms $6,161 · Management $0 · Fundraising $0$6,161

IX-23 InsurancePrograms $0 · Management $2,936 · Fundraising $0$2,936

IX-24 Other expenses (24a–d)Programs $259,965 · Management $3,037 · Fundraising $0$263,002

IX-24e All other expensesPrograms $56,425 · Management $0 · Fundraising $0$56,425

IX-25 Total functional expensesPrograms $396,874 · Management $88,181 · Fundraising $0$485,055

Part X · Balance sheet $1,073,036 assets, 12 lines filed

X-1 Cash, non-interest-bearingStart of year $382,168$411,622

X-2 Savings and temporary cash investmentsStart of year $619,755$599,817

X-4 Accounts receivableStart of year $30,030$31,770

X-9 Prepaid expenses and deferred chargesStart of year $28,402$29,827

X-10c Land, buildings and equipment, netStart of year $0$0

X-16 Total assetsStart of year $1,060,355$1,073,036

X-17 Accounts payable and accrued expensesStart of year $7,235$26,526

X-19 Deferred revenueStart of year $208,549$208,838

X-26 Total liabilitiesStart of year $215,784$235,364

X-27 Net assets without donor restrictionsStart of year $844,571$837,672

X-32 Total net assets or fund balancesStart of year $844,571$837,672

X-33 Total liabilities and net assetsStart of year $1,060,355$1,073,036

Part XI · Reconciliation of net assets $837,672 net assets at year end

XI-1 Total revenue$478,156

XI-2 Total expenses$485,055

XI-3 Revenue less expenses−$6,899

XI-4 Net assets at start of year$844,571

XI-10 Net assets at end of year$837,672

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Project Management Institute

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV