Skip to main content
Filing year 2024

PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA

Washington, District of Columbia·EIN 53-0241211·501(c)(6)
Total revenue
$521.3M
Total assets
$349M
Total expenses
$578.3M
Reported officers
50
Mission

PHRMA'S MISSION IS TO CONDUCT EFFECTIVE ADVOCACY FOR PUBLIC POLICIES THAT ENCOURAGE THE DISCOVERY OF IMPORTANT, NEW MEDICINES FOR PATIENTS BY BIOPHARMACEUTICAL RESEARCH COMPANIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

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

President & CEO
Above 90th percentile
$7.6M
$8.1M
Base
$2.3M
Bonus
$3M
Other
$594k
Benefits
$38k
COO
Above 90th percentile
$4.5M
$4.8M
Base
$1.1M
Bonus
$1.4M
Other
$4k
Benefits
$44k
General Counsel & EVP Law, Secretary
Executive Vice President
Above 90th percentile
$2.3M
$2.4M
Base
$854k
Bonus
$902k
Other
$5k
Benefits
$40k
Svp, Policy/research
Senior Vice President
Above 90th percentile
$2.1M
$2.2M
Base
$88k
Bonus
$928k
Other
$1.1M
Benefits
$5k
Evp, Federal Advocacy
Executive Vice President
Above 90th percentile
$1.9M
$2M
Base
$615k
Bonus
$301k
Other
$4k
Benefits
$41k
Evp, Public Affairs
Executive Vice President
Above 90th percentile
$1.9M
$2M
Base
$635k
Bonus
$547k
Other
$8k
Benefits
$39k
Evp, Policy/research
Executive Vice President
Above 90th percentile
$1.9M
$2M
Base
Bonus
Other
$1.9M
Benefits
Evp, Policy/research
Executive Vice President
Above 90th percentile
$1.8M
$1.9M
Base
$631k
Bonus
$443k
Other
$3k
Benefits
$4k
CFO & Evp, Administration
Above 90th percentile
$1.7M
$1.8M
Base
$600k
Bonus
$637k
Other
$104k
Benefits
$39k
Evp, State Advocacy
Executive Vice President
Above 90th percentile
$1.6M
$1.7M
Base
$581k
Bonus
$614k
Other
$5k
Benefits
$44k
Evp, Alliance
Executive Vice President
Above 90th percentile
$1.5M
$1.6M
Base
$545k
Bonus
$542k
Other
$28k
Benefits
$49k
Svp, Federal Advocacy
Senior Vice President
Above 90th percentile
$1.5M
$1.6M
Base
$519k
Bonus
$655k
Other
$2k
Benefits
$42k
Evp, International
Executive Vice President
Above 90th percentile
$1.3M
$1.4M
Base
$528k
Bonus
$444k
Other
$18k
Benefits
$44k
Svp, State Advocacy
Senior Vice President
Above 90th percentile
$1.2M
$1.3M
Base
$515k
Bonus
$411k
Other
$10k
Benefits
$41k
Evp, Human Resources
Executive Vice President
Above 90th percentile
$938k
$996k
Base
$437k
Bonus
$209k
Other
$6k
Benefits
$30k

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 35 unpaid individuals.

Up 14%
from 2023

From $6.7M in 2023 to $7.6M in 2024.

$6.7M
2023
$7.6M
2024
In today's dollarsEst.
Up 10% in real terms$7.4M to $8.1M

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 14% from 2023 to 2024, while revenue rose 8%.

$6.7M in 2023 to $7.6M in 2024.
  • Chief Operating Officer pay rose 56% from 2023 to 2024.
  • Executive Vice President pay fell 11% from 2023 to 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

PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA reported revenue and expenses across 2 filing years.

RevenueExpenses
$483M
$426.5M
2023
$521.3M
$578.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA

What does the Chief Executive Officer of PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA earn?

In 2024, the Chief Executive Officer of PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA received $7,643,016 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 PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA falls in the top 10%.

What are PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA's revenue and expenses?

In 2024, PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA reported $521.3M in total revenue and $578.3M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.