INVESTMENT COMPANY INSTITUTE Charity Report

Public IRS 990 nonprofit record

INVESTMENT COMPANY INSTITUTE

EIN 13-5266605 · Professional Athletic Leagues (N80)

What they do

to STRENGTHEN THE FOUNDATION of THE ASSET MANAGEMENT INDUSTRY for THE ULTIMATE BENEFIT of THE LONG-TERM INDIVIDUAL INVESTOR. MEMBERS INCLUDE MUTUAL FUNDS, EXCHANGE-TRADED FUNDS (ETFS), CLOSED-END FUNDS, and UNIT INVESTMENT TRUSTS (UITS) IN THE UNITED STATES, and SIMILAR FUNDS OFFERED to INVESTORS IN EUROPE, ASIA and OTHER JURISDICTIONS.

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Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders72 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$98.41spent for every $100 of revenueRevenue covered expenses this year.

$1.79in assets for every $1 spent this yearSome assets cannot be spent right away.

80.7%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,206,785 for ERIC J PAN (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$85,551,495

Expenses$84,194,621

Annual surplus $1,356,874 Revenue was higher than expenses for this filing year.

See all reported dollar amounts

Revenue$85,551,495

Expenses$84,194,621

Assets$150,425,314

Income$196,819,478

Contributions$69,015,360

Grants given$680,000

Average grant$113,333

Stocks and bonds$83,367,329

Accounting fees$324,110

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ERIC J PANPRESIDENT & CEO · 40 hrs/week $3,206,785Base $3,128,037 · Other $78,748

SUSAN M OLSONGENERAL COUNSEL THRU 06/24 · 40 hrs/week $1,153,772Base $1,086,498 · Other $67,274

DONALD C AUERBACHCHIEF OPERATING OFFICER · 40 hrs/week $1,046,401Base $980,941 · Other $65,460

MICHAEL N PEDRONICHIEF GLOBAL AFFAIRS OFFICER · 40 hrs/week $899,119Base $820,371 · Other $78,748

JOHN G EMLINGCHIEF GOVT. AFFAIRS OFFICER · 40 hrs/week $819,877Base $744,402 · Other $75,475

SEAN S COLLINSCHIEF ECONOMIST · 40 hrs/week $725,922Base $650,587 · Other $75,335

DOROTHY M DONOHUEDEPUTY GENERAL COUNSEL · 40 hrs/week $711,058Base $633,358 · Other $77,700

SARAH A BESSINDEPUTY GENERAL COUNSEL · 40 hrs/week $682,347Base $616,902 · Other $65,445

ERICA E RICHARDSONCHIEF STRATEGIC COMM. OFFICER · 40 hrs/week $681,195Base $614,091 · Other $67,104

RACHEL H GRAHAMSECRETARY · 40 hrs/week $579,589Base $500,841 · Other $78,748

MARK A DELCOCOCFO/TREASURER · 40 hrs/week $476,524Base $397,776 · Other $78,748

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (72)

ERIC J PANPRESIDENT & CEO

SUSAN M OLSONGENERAL COUNSEL THRU 06/24

DONALD C AUERBACHCHIEF OPERATING OFFICER

MICHAEL N PEDRONICHIEF GLOBAL AFFAIRS OFFICER

JOHN G EMLINGCHIEF GOVT. AFFAIRS OFFICER

SEAN S COLLINSCHIEF ECONOMIST

DOROTHY M DONOHUEDEPUTY GENERAL COUNSEL

SARAH A BESSINDEPUTY GENERAL COUNSEL

ERICA E RICHARDSONCHIEF STRATEGIC COMM. OFFICER

RACHEL H GRAHAMSECRETARY

MARK A DELCOCOCFO/TREASURER

PAMELA CARLTONMEMBER

RONALD E TOUPIN JRMEMBER

OMAR AGUILARMEMBER

NAIM ABOU-JAOUDEMEMBER

MORTIMER J BUCKLEYMEMBER

MICHAEL A MENDELSONMEMBER

MELLODY HOBSONMEMBER

MEHDI MAHMUDMEMBER

MARTIN SMALLMEMBER

MARK D NERUDMEMBER

MARIJN P SMITMEMBER

LISA M JONESMEMBER

KRISTI L ROWSELLMEMBER

PAUL CELLUPICAGENERAL COUNSEL AS OF 06/24

PETER G STRELOWMEMBER

PETER J GERMAINMEMBER

KATHLEEN T BARRMEMBER

RYAN HICKEMEMBER

SETH P BERNSTEINMEMBER

SHAWN K LYTLEMEMBER

STEPHANIE G BRAMINGMEMBER

STEVEN J PAGGIOLIMEMBER

STUART S PARKERMEMBER

THOMAS C KERSTINGMEMBER

WILLIAM EBSWORTHMEMBER

WILLIAM F TRUSCOTTMEMBER

WILLIAM W STRICKLAND JRMEMBER

YIE-HSIN HUNGVICE-CHAIR

DAVID DIPETRILLOMEMBER

GARY TENKMANMEMBER

GARRETT THORNBURGMEMBER

GALE K CARUSOMEMBER

DOUGLAS B SIEGMEMBER

DIANA HERRMANNMEMBER

DAWN VROEGOPMEMBER

DAVID L GIUNTAMEMBER

DAVID OESTREICHERMEMBER

GEORGE AYLWARDMEMBER

DANIEL GAMBAMEMBER

CYNTHIA R PLOUCHEMEMBER

CYNTHIA HOSTETLERMEMBER

CATHERINE L NEWELLMEMBER

CAROL GEREMIAMEMBER

BEN HUNEKEMEMBER

ANDREW R SCHLOSSBERGMEMBER

KRISTI SLAVINMEMBER

GEORGE C W GATCHMEMBER

GEORGE H WALKERCHAIR

GREGORY E JOHNSONMEMBER

HEATHER E BRILLIANTMEMBER

JAMES MCNAMARAMEMBER

JAMES E DAVEYMEMBER

JAMES L JOHNSON JRMEMBER

JANE K CARTENMEMBER

JOANNA F JONSSONMEMBER

JONATHAN S THOMASMEMBER

JOSEPH SULLIVANMEMBER

KAMAL BHATIAMEMBER

KARLA RABUSCHMEMBER

ANDREW G ARNOTTMEMBER

KATHYRN KOCHMEMBER

About this charity

Recognized since: January 1945
Location: 1401 H STREET NW, WASHINGTON, DC 20005-2110
County: District of Columbia
In care of: % MARK DELCOCO
Primary officer: MARK DELCOCO, CFO

How to reach them

WebsiteVisit the charity’s website Phone(202) 326-5800

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues
Grant-giving organization: Yes