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Filing year 2024

PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA

Washington, District of Columbia·EIN 53-0241211·6
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 · Schedule J · 15 reported individuals · Filing year 2024

$7.6M
$8.1M
Base
$2.3M
Bonus
$3M
Other
$594k
Benefits
$38k
Base
$1.1M
Bonus
$1.4M
Other
$4k
Benefits
$44k
General Counsel & EVP Law, Secretary
executive vice president
$2.3M
$2.4M
Base
$854k
Bonus
$902k
Other
$5k
Benefits
$40k
Svp, Policy/research
senior vice president
$2.1M
$2.2M
Base
$88k
Bonus
$928k
Other
$1.1M
Benefits
$5k
Evp, Federal Advocacy
executive vice president
$1.9M
$2M
Base
$615k
Bonus
$301k
Other
$4k
Benefits
$41k
Evp, Public Affairs
executive vice president
$1.9M
$2M
Base
$635k
Bonus
$547k
Other
$8k
Benefits
$39k
Evp, Policy/research
executive vice president
$1.9M
$2M
Base
Bonus
Other
$1.9M
Benefits
Evp, Policy/research
executive vice president
$1.8M
$1.9M
Base
$631k
Bonus
$443k
Other
$3k
Benefits
$4k
CFO & Evp, Administration
$1.7M
$1.8M
Base
$600k
Bonus
$637k
Other
$104k
Benefits
$39k
Evp, State Advocacy
executive vice president
$1.6M
$1.7M
Base
$581k
Bonus
$614k
Other
$5k
Benefits
$44k
Evp, Alliance
executive vice president
$1.5M
$1.6M
Base
$545k
Bonus
$542k
Other
$28k
Benefits
$49k
Svp, Federal Advocacy
senior vice president
$1.5M
$1.6M
Base
$519k
Bonus
$655k
Other
$2k
Benefits
$42k
Evp, International
executive vice president
$1.3M
$1.4M
Base
$528k
Bonus
$444k
Other
$18k
Benefits
$44k
Svp, State Advocacy
senior vice president
$1.2M
$1.3M
Base
$515k
Bonus
$411k
Other
$10k
Benefits
$41k
Evp, Human Resources
executive vice president
$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.

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.
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PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | Washington, DC | Lucido