THE ECONOMIC CLUB OF WASHINGTON DC Charity Report

Public IRS 990 nonprofit record

THE ECONOMIC CLUB OF WASHINGTON DC

EIN 52-1469926 · Arts, Culture & Humanities (A)

What they do

ESTABLISHED IN 1986 AS A NONPROFIT, NONPARTISAN ORGANIZATION CREATED to STRENGTHEN TIES AMONG THE DIVERSE and GROWING BUSINESS COMMUNITY BASED IN METROPOLITAN WASHINGTON, D.C., and WITH THE DIPLOMATIC COMMUNITY, THE ECONOMIC CLUB of WASHINGTON, D.C. PROMOTES GLOBAL AWARENESS of THE PIVOTAL ROLE WASHINGTON PLAYS IN THE NATIONAL and WORLD ECONOMIES. ITS GOALS ARE TWOFOLD: to PROVIDE A PROMINENT FORUM WHERE EMINENT GLOBAL LEADERS CAN SHARE THEIR INSIGHTS ABOUT MAJOR ISSUES of THE DAY; and to PROMOTE A ROBUST PEER COMMUNITY for THE AREAS TOP EXECUTIVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

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

They name their leaders55 people are listed in the latest report.

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

Money made simple

69.38%of revenue went to mission work85.9% of expenses · Program services

$80.81spent for every $100 of revenueRevenue covered expenses this year.

11.42%of revenue went to management and office costs14.1% of expenses

$2.76in assets for every $1 spent this yearSome assets cannot be spent right away.

45.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
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 $678,441 for MARY BRADY (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,625,798

Mission workProgram services$5,984,97569.38% of revenue85.9% of expenses

ManagementOffice and general costs$985,13111.42% of revenue14.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$1,655,69219.19% of revenueShown in gray on the chart

Total expenses$6,970,10680.81% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.9% mission · 14.1% management · 0.0% fundraisingTotal expenses: 80.81% of revenue

2023Expense mix: 82.8% mission · 17.2% management · 0.0% fundraisingTotal expenses: 93.47% of revenue

2022Expense mix: 85.3% mission · 14.7% management · 0.0% fundraisingTotal expenses: 86.48% of revenue

2021Expense mix: 71.7% mission · 15.5% management · 12.8% fundraisingTotal expenses: 84.83% of revenue

2020Expense mix: 70.7% mission · 15.4% management · 13.9% fundraisingTotal expenses: 71.10% of revenue

2019Expense mix: 75.8% mission · 13.1% management · 11.1% fundraisingTotal expenses: 71.39% of revenue

2018Expense mix: 80.9% mission · 8.9% management · 10.2% fundraisingTotal expenses: 77.85% of revenue

2017Expense mix: 70.3% mission · 18.1% management · 11.6% fundraisingTotal expenses: 82.84% of revenue

Money in and money out

Revenue$8,625,798

Expenses$6,970,106

Annual surplus $1,655,692 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,984,975 · 85.9% of expenses

Management and office costs$985,131 · 14.1% of expenses

See all reported dollar amounts

Revenue$8,625,798

Expenses$6,970,106

Assets$19,214,122

Income$11,051,206

Contributions$3,903,815

Mission work (program services)$5,984,975

Grants given$100,000

Average grant$100,000

Management and general$985,131

Stocks and bonds$14,394,610

Accounting fees$64,250

Investing fees$27,450

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

MARY BRADYPRESIDENT & CEO · 40 hrs/week $678,441Base $599,725 · Other $78,716

JUDI IRASTORZASVP, COMMUNICATIONS · 40 hrs/week $215,984Base $177,262 · Other $38,722

JESSALYN VERMILLIONCHIEF ACCOUNTING & FINANCE OFFICER · 40 hrs/week $193,808Base $174,054 · Other $19,754

JEFFREY GERMAKVP, MEMBERSHIP & ADMINISTRATION · 40 hrs/week $157,962Base $137,500 · Other $20,462

MARA-LISE DEYCHAKVP, CORPORATE ENGAGEMENT · 40 hrs/week $157,505Base $136,026 · Other $21,479

JAMIE MAGUIRESENIOR DIRECTOR, EVENTS & SCHEDULING · 40 hrs/week $146,316Base $127,000 · Other $19,316

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 (55)

MARY BRADYPRESIDENT & CEO

JUDI IRASTORZASVP, COMMUNICATIONS

JESSALYN VERMILLIONCHIEF ACCOUNTING & FINANCE OFFICER

JEFFREY GERMAKVP, MEMBERSHIP & ADMINISTRATION

MARA-LISE DEYCHAKVP, CORPORATE ENGAGEMENT

JAMIE MAGUIRESENIOR DIRECTOR, EVENTS & SCHEDULING

OMAR VARGASCO-CHAIR - MEMBERSHIP

LAWRENCE DI RITACHAIR - EDUCATION

LESLIE HALEBOARD MEMBER

LINDA RABBITBOARD MEMBER

MARTY RODGERSBOARD MEMBER

MARY STREETTBOARD MEMBER

MEREDITH BAKERCO-CHAIR - MEMBERSHIP

MONICA DALWADIBOARD MEMBER

NORA GARDNERBOARD MEMBER

KENNETH SAMETBOARD MEMBER

PHILIP DE PICCIOTTOTREASURER

RICHARD BYNUMBOARD MEMBER

ROBERT ALLBRITTONCHAIR - PROGRAMS

SAMEER BHARGAVABOARD MEMBER

SHAWN WRIGHTBOARD MEMBER

STEPHANIE LINNARTZBOARD MEMBER

SUSAN TYNANBOARD MEMBER

SUZANNE CLARKBOARD MEMBER

TERESA CARLSONSECRETARY

THERESA FARIELLOBOARD MEMBER

TIMOTHY MCBRIDECO-CHAIR - NOMINATING

USMAN AHMEDBOARD MEMBER

W MATTHEW KELLYBOARD MEMBER

ZIAD OJAKLIBOARD MEMBER

GINA ADAMSVICE CHAIR

AMY GILLILANDBOARD MEMBER

ANTHONY CAPUANOBOARD MEMBER

ANTHONY PIERCEGENERAL COUNSEL

BARBARA HUMPTONCHAIR - GLOBAL INITIATIVE

BRADLEY KNOXBOARD MEMBER

CANDIDA WOLFFCO-CHAIR - NOMINATING

CAROL MELTONVICE CHAIR

CHAD SWEETBOARD MEMBER

DAN KOTTERBOARD MEMBER

DAVE LEVYBOARD MEMBER

DAVID RUBENSTEINCHAIRMAN

DEDE LEABOARD MEMBER

KYLE SCHOPPMANNBOARD MEMBER

GREGORY WASHINGTONBOARD MEMBER

HEATHER WINGATEBOARD MEMBER

HORACIO ROZANSKIBOARD MEMBER

J STEPHEN JONESBOARD MEMBER

JANE ADAMSCHAIR - CORPORATE ENGAGEMENT

JEREMY BLANKCHAIR - AUDIT & COMPLIANCE

JODIE MCLEANBOARD MEMBER

JORDAN GOLDSTEINBOARD MEMBER

KENDRICK ASHTONBOARD MEMBER

ALEX WIRTHBOARD MEMBER

KIMBERLY RUSSOBOARD MEMBER

About this charity

Recognized since: January 1987
Location: 1601 K ST NW STE 210, WASHINGTON, DC 20006-1741
County: District of Columbia
In care of: Mary Brady
Primary officer: Mary Brady, President & CEO

How to reach them

WebsiteVisit the charity’s website Phone(202) 481-3260

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Arts, Culture & Humanities (A)
IRS tax category: Arts, Culture & Humanities
Grant-giving organization: Yes