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Filing year 2023

INVESTMENT COMPANY INSTITUTE

Washington, District of Columbia·EIN 13-5266605·6
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 · Schedule J · 11 reported individuals · Filing year 2023

$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
$1M
$1.1M
Base
$686k
Bonus
$270k
Other
$25k
Benefits
$26k
Chief Global Affairs Officer
highest compensated employee
$899k
$986k
Base
$630k
Bonus
$167k
Other
$24k
Benefits
$39k
Chief Govt. Affairs Officer
highest compensated employee
$820k
$899k
Base
$580k
Bonus
$141k
Other
$24k
Benefits
$36k
Chief Economist
key employee
$726k
$796k
Base
$450k
Bonus
$185k
Other
$15k
Benefits
$36k
Deputy General Counsel
highest compensated employee
$711k
$780k
Base
$482k
Bonus
$140k
Other
$12k
Benefits
$38k
Deputy General Counsel
highest compensated employee
$682k
$748k
Base
$436k
Bonus
$176k
Other
$4k
Benefits
$26k
Chief Strategic Comm. Officer
highest compensated employee
$681k
$747k
Base
$421k
Bonus
$173k
Other
$20k
Benefits
$28k
Secretary
secretary (operational)
$580k
$635k
Base
$404k
Bonus
$90k
Other
$7k
Benefits
$39k
$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.

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.
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