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Filing year 2024

NATIONAL FEDERATION OF MUNICIPAL ANALYSTS

Pittsburgh, Pennsylvania·EIN 36-3480090·6
Total revenue
$859k
Total assets
$3.3M
Total expenses
$711k
Reported officers
20
Mission

THE NFMA IS A NOT-FOR-PROFIT ASSOCIATION OF MUNICIPAL ANALYST SOCIETIES AND AFFILIATED INDIVIDUAL MEMBERS. THE NFMA'S MISSION IS TO ENHANCE THE PROFESSIONAL DEVELOPMENT AND ANALYTICAL CONTRIBUTIONS OF MUNICIPAL MARKET PARTICIPANTS THROUGH BEST INCLASS EDUCATIONAL PROGRAMS, NETWORKING OPPORTUNITIES, AND TARGETED ADVOCACY, WHILE PROMOTING DIVERSE THOUGHTS, PERSPECTIVES, AND REPRESENTATION FOR THE BENEFIT OF THE MUNICIPAL BOND INDUSTRY.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
75th to 90th percentile
$220k
$238k
Base
$196k
Bonus
$16k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Up 11%
from 2023

From $199k in 2023 to $220k in 2024.

$199k
2023
$220k
2024
In today's dollarsEst.
Up 7% in real terms$222k to $238k

Estimated with BLS CPI-U for the Northeast region, 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 11% from 2023 to 2024, while revenue held roughly steady.

$199k in 2023 to $220k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

NATIONAL FEDERATION OF MUNICIPAL ANALYSTS reported revenue and expenses across 2 filing years.

RevenueExpenses
$860k
$853k
2023
$859k
$711k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NATIONAL FEDERATION OF MUNICIPAL ANALYSTS

What does the Chief Executive Officer of NATIONAL FEDERATION OF MUNICIPAL ANALYSTS earn?

In 2024, the Chief Executive Officer of NATIONAL FEDERATION OF MUNICIPAL ANALYSTS received $220,335 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NATIONAL FEDERATION OF MUNICIPAL ANALYSTS compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NATIONAL FEDERATION OF MUNICIPAL ANALYSTS falls between the 75th and 90th percentiles.

What are NATIONAL FEDERATION OF MUNICIPAL ANALYSTS's revenue and expenses?

In 2024, NATIONAL FEDERATION OF MUNICIPAL ANALYSTS reported $859k in total revenue and $711k in total expenses on its IRS Form 990.

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