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Filing year 2023

INVESTMENT COMPANY INSTITUTE

Washington, District of Columbia·EIN 13-5266605·501(c)(6)
Total revenue
$83.2M
Total assets
$146.4M
Total expenses
$84.2M
Reported officers
72
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
Above 90th percentile
$3.2M
$3.5M
Base
$1.5M
Bonus
$1.6M
Other
$24k
Benefits
$39k
General Counsel Thru 06/24
Officer (Unspecified)
$1.2M
$1.3M
Base
$770k
Bonus
$304k
Other
$13k
Benefits
$28k
Chief Operating Officer
Above 90th percentile
$1M
$1.1M
Base
$686k
Bonus
$270k
Other
$25k
Benefits
$26k
Chief Global Affairs Officer
Highest Compensated Employee
Above 90th percentile
$899k
$986k
Base
$630k
Bonus
$167k
Other
$24k
Benefits
$39k
Chief Govt. Affairs Officer
Highest Compensated Employee
Above 90th percentile
$820k
$899k
Base
$580k
Bonus
$141k
Other
$24k
Benefits
$36k
Chief Economist
Key Employee
Above 90th percentile
$726k
$796k
Base
$450k
Bonus
$185k
Other
$15k
Benefits
$36k
Deputy General Counsel
Highest Compensated Employee
Above 90th percentile
$711k
$780k
Base
$482k
Bonus
$140k
Other
$12k
Benefits
$38k
Deputy General Counsel
Highest Compensated Employee
Above 90th percentile
$682k
$748k
Base
$436k
Bonus
$176k
Other
$4k
Benefits
$26k
Chief Strategic Comm. Officer
Highest Compensated Employee
Above 90th percentile
$681k
$747k
Base
$421k
Bonus
$173k
Other
$20k
Benefits
$28k
Secretary
Secretary (Operational)
Above 90th percentile
$580k
$635k
Base
$404k
Bonus
$90k
Other
$7k
Benefits
$39k
Cfo/treasurer
Above 90th percentile
$477k
$522k
Base
$322k
Bonus
$67k
Other
$9k
Benefits
$39k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 61 unpaid individuals.

Up 25%
from 2022

From $2.6M in 2022 to $3.2M in 2023.

$2.6M
2022
$3.2M
2023
In today's dollarsEst.
Up 22% in real terms$2.9M to $3.5M

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 25% from 2022 to 2023, while revenue fell 1%.

$2.6M in 2022 to $3.2M in 2023.
  • Chief Operating Officer pay rose 3% from 2022 to 2023.
  • Highest Compensated Employee pay rose 20% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INVESTMENT COMPANY INSTITUTE reported revenue and expenses across 2 filing years.

RevenueExpenses
$84.1M
$77.1M
2022
$83.2M
$84.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INVESTMENT COMPANY INSTITUTE

What does the Chief Executive Officer of INVESTMENT COMPANY INSTITUTE earn?

In 2023, the Chief Executive Officer of INVESTMENT COMPANY INSTITUTE received $3,206,785 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INVESTMENT COMPANY INSTITUTE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at INVESTMENT COMPANY INSTITUTE falls in the top 10%.

What are INVESTMENT COMPANY INSTITUTE's revenue and expenses?

In 2023, INVESTMENT COMPANY INSTITUTE reported $83.2M in total revenue and $84.2M in total expenses on its IRS Form 990.

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