Movember Foundation FY2023 filing

Tax-deductible

Santa Monica, CA501(c)(3)Since 2007Medical ResearchEIN 77-0714052

Please refer to schedule o

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
5 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
67%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$1.1M
to officers and key staff · 8% of spending
Pt VII · Sec A
Do they have reserves?
23 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
7
named funders · $49K
Funders’ Sch. I, 990-PF
Do they carry debt?
$4.9M
liabilities
Pt X · Ln 26
Who oversees it?
7
independent of 9 voting board members
Pt VI · Ln 1a–1b
Revenue
$16.8M
-9% vs prior year
Spent
$14.2M
To programs
67%
Net assets
$31.9M
By yearFY2021–FY2025
Revenue
$16.8M
FY2023▼ -9%
Revenue by fiscal year
FY2021$16.2M
FY2022$18.6M
FY2023$16.8M
FY2024$16.8M
FY2025$16.5M
Expenses
$14.2M
FY2023▼ -1%
Expenses by fiscal year
FY2021$13.7M
FY2022$14.3M
FY2023$14.2M
FY2024$15.6M
FY2025$15.5M
Net assets
$31.9M
FY2023▲ +9%
Net assets by fiscal year
FY2021$25.0M
FY2022$29.2M
FY2023$31.9M
FY2024$33.2M
FY2025$34.1M

From the FY2023 Form 990 (year ending April 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CMovember Foundation
EINHdr · item D77-0714052
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2009
Year of formationHdr · item L2007
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSanta Monica, CA
NTEE classificationIRS BMFMedical Research (H113)
WebsiteHdr · item Jwww.movember.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.09 Fundraising $0.25
Program services67%$9.5M
Management & general9%$1.2M
Fundraising25%$3.5M
Total functional expensesLn 25$14.2M

Financial health

Is it on solid ground?

Program efficiency
67%
of spending reaches programs
Operating runway
27.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$36.9M
FY2023▲ +18%
Total assets by fiscal year
FY2021$27.5M
FY2022$31.3M
FY2023$36.9M
FY2024$38.0M
FY2025$38.6M
Total liabilities
$4.9M
FY2023▲ +146%
Total liabilities by fiscal year
FY2021$2.6M
FY2022$2.0M
FY2023$4.9M
FY2024$4.8M
FY2025$4.5M
Revenue less expensesPt I · Ln 19$2.7M
Total assetsPt X · Ln 16$36.9M
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$26.9M
Total assetsLn 16$36.9M
Total liabilitiesLn 26$4.9M
Total net assetsLn 32$31.9M
Months of cash on handcomputed22.8

Statement of Revenue

Part VIII
Contributions & grants$16.4M · 97%
Investment income$418K · 2%
Contributions & grants97%$16.4M
Investment income2%$418K
Other revenue$19K
Total revenueLn 12$16.8M

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31.9M · Operating expenses/yr $14.2M
27.0 months
Where the money goes
Program services
Program services $9.5M · Total expenses $14.2M
67%
Management & General
Management & general $1.2M · Total expenses $14.2M
9%
Fundraising
Fundraising $3.5M · Total expenses $14.2M
25%
Cost to raise $1
Fundraising expense (3-yr avg) $3.1M · Solicited contributions (3-yr avg) $16.5M
$0.19 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $16.4M · Total revenue $16.8M
97%
Government reliance
Government grants — · Total revenue $16.8M
—
Earned-income share
Program service revenue $0 · Total revenue $16.8M
0%
Investment reliance
Investment income $418K · Total revenue $16.8M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $14.2M
0%
Growth & trend
Revenue growth (YoY)
This year $16.8M · Prior year $18.6M
-9%
Net-asset trend (YoY)
End of year $31.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $16.8M · Expenses $14.2M
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $36.9M
—
Net-asset ratio
Net assets $31.9M · Total assets $36.9M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $4.9M · Total assets (Pt X, ln 16) $36.9M
13%
People & payroll
Highest Reported Total Compensation
Individual Mark Hedstrom Until 0423 · Reported title COUNTRY DIRECTOR, PRESIDENT · Highest reported compensation $211K · Total expenses $14.2M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.7M · Total expenses $14.2M
19%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%——
Overhead ratio 9%——
Fundraising cost ratio 21%——
Revenue growth -9%——
Accounting fee ratio 0.2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Country Director, President
$210,852Pt VII · Sec A
Global Director, Clinical
$193,001Pt VII · Sec A
Country Director, Treasurer
$152,000Pt VII · Sec A
Senior Director, Fundraising
$149,046Pt VII · Sec A
Director, Community Deve
$143,038Pt VII · Sec A
Director, Equity, Diversity & Inclusion
$128,133Pt VII · Sec A
Assoc. Director, Corp. Acct. Mgmt.
$125,000Pt VII · Sec A
$0Pt VII · Sec A

Timothy Gnaneswaran’s $200K as Country Director, Presiden is at the 9th percentile of top reported officer pay among 127 $10–100M medical research 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

NameFY2025FY2024FY2023FY2022FY2021
Mark Hedstrom Until 0423—$145,731$210,852——
Timothy Gnaneswaran$199,963————
Kellie Paich$130,420$193,175$193,001$180,231$179,080
Mark Hedstrom———$174,345$172,753
Craig Werwa———$169,422$173,270
Brittany Veneris$171,003$155,386$143,038$130,811$129,153
Michelle Carlson$165,927—$152,000——
Michelle Carlson Until 1023—$160,999———

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 Movember Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 9Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Funds global research and programs to improve men's health, focusing on prostate cancer, testicular cancer, mental health, and suicide prevention.

Provided by the organization

This section is blank until Movember Foundation claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $9.5M of program spending, described in the organization's own filed words · FY2022.
01

Since 2003, movember has built a global men's health movement, funding more than 1,300 projects around the world, challenging the status quo, shaking up men's health research and transforming the way health services reach and support men.

$9.5Mprogram expense

Run this program? Claim this org to tell your story

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 · FY2025
K2m FoundationFY2025$104
Total grants receivedfrom 7 funders$49K
See all 7 funders →
Grants paid · 82 grants · $14.4M · 2020–2024
Regents Univ of CaliforniaCA · FY2024$515,389
University of WashingtonFY2024$300,931
Prostate Cancer FoundationCA · FY2024$250,000
PcctcNY · FY2024$175,610
Ucsf Dept of UrologyCA · FY2024$135,133
University of South FloridaFY2024$70,251
University of TexasFY2024$62,938
Southcentral FoundationAK · FY2024$18,575
See all 82 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $16.5M$15.5M-2% 990 PDF
FY2024 $16.8M$15.6M-0.1% 990 PDF
FY2023 Viewing $16.8M$14.2M-9% 990 PDF
FY2022 $18.6M$14.3M+15% 990 PDF
FY2021 $16.2M$13.7M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Movember Foundation →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.