Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $127,748

• 2a · Program service revenue: MEMBERSHIP DUES

  total $16,019,068 · related or exempt $16,019,068

• 2b · Program service revenue: CONFERENCES

  total $1,972,611 · related or exempt $1,972,611

• 2c · Program service revenue: EDUCATION PROGRAMS

  total $520,851 · related or exempt $520,851

• 2d · Program service revenue: SUBSCRIPTIONS

  total $32,735 · related or exempt $834 · unrelated business $31,901

• 3 · Investment income

  total $389,512 · excluded $389,512

• 5 · Royalties

  total $468,967 · excluded $468,967

• 7a · Gross sales of assets other than inventory

  securities $3,339,271

• 7b · Less cost or other basis and sales expenses

  securities $2,576,165

• 7c · Gain or loss

  securities $763,106

• 7d · Net gain or loss

  total $763,106 · excluded $763,106

• 11a · Other revenue: CREDENTIALING

  total $92,004 · related or exempt $92,004

• 11b · Other revenue: CANCELLATION FEE

  total $21,516 · related or exempt $21,516

• 11c · Other revenue: MISC INCOME

  total $1,968 · related or exempt $1,968

• 11d · All other revenue

  total $860 · related or exempt $860

• 11e · Other revenue, total

  $116,348

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $139,858 · program services $139,858

• 2 · Grants to domestic individuals

  total $10,500 · program services $10,500

• 3 · Grants to foreign organizations and individuals

  total $75,074 · program services $75,074

• 5 · Compensation of officers, directors and key employees

  total $1,382,693 · program services $239,461 · management and general $1,143,232

• 7 · Other salaries and wages

  total $12,274,526 · program services $8,398,939 · management and general $3,875,587

• 8 · Pension plan contributions

  total $581,452 · program services $182,132 · management and general $399,320

• 9 · Other employee benefits

  total $2,545,579 · program services $1,648,249 · management and general $897,330

• 10 · Payroll taxes

  total $697,065 · program services $95,764 · management and general $601,301

• 11b · Fees: legal

  total $520,747 · management and general $520,747

• 11c · Fees: accounting

  total $56,601 · program services $5,722 · management and general $50,879

• 11f · Fees: investment management

  total $20,316 · management and general $20,316

• 11g · Fees: other

  total $3,040,968 · program services $1,795,390 · management and general $1,245,578

• 12 · Advertising and promotion

  total $4,387,018 · program services $4,384,527 · management and general $2,491

• 13 · Office expenses

  total $1,492,471 · program services $1,108,568 · management and general $383,903

• 14 · Information technology

  total $1,420,606 · program services $516,470 · management and general $904,136

• 16 · Occupancy

  total $1,195,391 · program services $886,094 · management and general $309,297

• 17 · Travel

  total $510,857 · program services $294,068 · management and general $216,789

• 19 · Conferences, conventions and meetings

  total $1,827,956 · program services $1,592,936 · management and general $235,020

• 20 · Interest

  total $152,999 · program services $5,656 · management and general $147,343

• 21 · Payments to affiliates

  total -$198,094 · program services -$198,094

• 22 · Depreciation, depletion and amortization

  total $1,320,204 · program services $58,243 · management and general $1,261,961

• 23 · Insurance

  total $349,619 · program services $7,718 · management and general $341,901

• 24a · Other expenses: TAXES & OTHER EXPENSES

  total $1,566,933 · program services $1,566,733 · management and general $200

• 24b · Other expenses: MEMBERSHIP DUES

  total $300,868 · program services $10,602 · management and general $290,266

• 24c · Other expenses: COMMISSION

  total $169,486 · program services $56,150 · management and general $113,336

• 24d · Other expenses: EDUCATION & TRAINING

  total $143,864 · program services $133,472 · management and general $10,392

• 24e · All other expenses

  total -$16,281,293 · program services -$7,861,351 · management and general -$8,419,942

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,646,964 · end of year $2,304,971

• 4 · Accounts receivable

  beginning of year $157,062 · end of year $255,093

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,140,055 · end of year $465,177

• 10a · Land, buildings and equipment: cost or other basis

  $20,651,367

• 10b · Land, buildings and equipment: accumulated depreciation

  $15,866,336

• 10c · Land, buildings and equipment, net

  beginning of year $5,927,332 · end of year $4,785,031

• 11 · Investments: publicly traded securities

  beginning of year $23,106,251 · end of year $21,080,878

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $15,326,366 · end of year $17,427,314

• 17 · Accounts payable and accrued expenses

  beginning of year $7,423,571 · end of year $8,716,468

• 19 · Deferred revenue

  beginning of year $9,982,791 · end of year $10,317,275

• 25 · Other liabilities

  beginning of year $22,658,881 · end of year $18,962,191

• 27 · Net assets without donor restrictions

  beginning of year $7,238,787 · end of year $8,322,530

The filer's explanations (Part III)

PART I, LINE 1A

IN REGARD TO FIRST-CLASS TRAVEL, THE INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC. TRAVEL POLICY STATES AIRLINE TRAVEL FOR ITINERARIES OF LESS THAN SIX HOURS WILL BE BOOKED IN COACH CLASS. BUSINESS TRAVEL MAY BE AUTHORIZED BY THE PRESIDENT WHEN THE TOTAL ELAPSED TIME IS SIX HOURS OR MORE. IN REGARDS TO COMPANION TRAVEL, THE POLICY STATES WHEN THE PRESENCE OF THE CHAIR'S SPOUSE AT AN IMA FUNCTION IS DEEMED APPROPRIATE, WITH PROPER APPROVAL BY THE GOVERNANCE COMMITTEE, THE SPOUSE'S EXPENSE WILL BE REIMBURSED UPON REQUEST ONLY IF DEEMED AN APPROPRIATE BUSINESS REASON WHERE THE CHAIR'S SPOUSE HAS ASSIGNED DUTIES TO PERFORM AS PART OF THE TRIP/FUNCTION.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• IMA PRODUCTS & SERVICES LLC

  EDUCATION MATERIALS · NJ · income $0 · assets $0

  Directly controlled by IMA

• INST OF MGMT ACCTS DUBAI BRANCH OFFICE

  EDCATION SUPPORT SERVICE · AE · income $0 · assets $0

  Directly controlled by IMA

• INST OF MGMT ACCTS EUROPE OFFICE

  EDUCATION SUPPORT SERVICE · SZ · income $0 · assets $0

  Directly controlled by IMA

• INST OF MGMT ACCTS (SHANGHAI) REP OFFICE

  EDUCATION SUPPORT SERVICE · CH · income $4,710,000 · assets $1,329,563

  Directly controlled by IMA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• IMA SERVICES INC (IMAS)

  C · EDUCATION SERVICE · NJ · 100% owned · share of income -$194,829 · share of assets $511,921 · controlled entity

  Directly controlled by IMA

• INST OF MGMT ACCTS INDIA PRIVATE LTD

  C · EDUCATION SUPPORT SERVICE · IN · 1% owned · share of income $860 · share of assets $2,477 · controlled entity

  Directly controlled by ICMA

• BEIJING IMA MANAGEMENT CONSULTING LTD

  C · EDUCATION SUPPORT SERVICE · CH

  Directly controlled by IMAS

• IMA SOUTH EAST ASIA PTE LTD

  C · EDUCATION SUPPORT · SN · 100% owned · share of assets $21,154 · controlled entity

  Directly controlled by IMA

• IMA EGYPT FOR CONSULTANCY

  C · EDUCATION SUPPORT · EG · 50% owned · share of assets $1,122 · controlled entity

  Directly controlled by IMAICMA

• IMA ARABIA

  C · EDUCATION SUPPORT · SA · 100% owned · share of assets $2,156 · controlled entity

  Directly controlled by IMA