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CFA INSTITUTE

EIN 54-1386480 CHARLOTTESVLE, VA

Revenue 2024
$534,038,687
Expenses 2024
$321,585,530

As filed

Subsection
06
Classification
2000
Street
915 E HIGH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

SEE STATEMENT O

  • THE CHARTERED FINANCIAL ANALYST (CFA) PROGRAM: THE ORGANIZATION ADMINISTERS THE CFA PROGRAM, A THREE-LEVEL, EDUCATION AND EXAMINATION PROGRAM COVERING TOPICS ESSENTIAL TO THE INVESTMENT DECISION-MAKING PROCESS. PROGRAM TOPICS FORM THE CANDIDATE BODY OF KNOWLEDGE AND INCLUDE ETHICAL AND PROFESSIONAL STANDARDS, QUANTITATIVE METHODS, ECONOMICS, FINANCIAL STATEMENT REPORTING AND ANALYSIS, CORPORATE FINANCE, EQUITY AND FIXED-INCOME ANALYSIS, ALTERNATIVE INVESTMENTS, DERIVATIVES, PORTFOLIO MANAGEMENT, AND WEALTH PLANNING.

  • PROFESSIONAL DEVELOPMENT SERVICES: THE ORGANIZATION PROMOTES LIFELONG LEARNING BY DEVELOPING AND DISSEMINATING A VARIETY OF EDUCATIONAL COURSES AND CERTIFICATES TO INVESTMENT PROFESSIONALS ON TOPICS RELEVANT TO THE PROFESSION, INCLUDING SUSTAINABLE INVESTING CERTIFICATE; CLIMATE RISK, VALUATION AND INVESTING CERTIFICATE, PRIVATE MARKETS AND ALTERNATIVE INVESTMENTS CERTIFICATES, DATA SCIENCE FOR INVESTMENT PROFESSIONS CERTIFICATE, THE CERTIFICATE IN INVESTMENT PERFORMANCE MANAGEMENT, PRIVATE EQUITY CERTIFICATE AND INVESTMENT FOUNDATIONS CERTIFICATE.

  • STANDARDS ADVOCACY, AND THOUGHT LEADERSHIP: THE ORGANIZATION IS A LEADING VOICE ON ISSUES OF FAIRNESS, EFFICIENCY, AND INVESTOR PROTECTION IN GLOBAL CAPITAL MARKETS AND PROMOTES HIGH STANDARDS OF ETHICS, INTEGRITY, AND PROFESSIONAL EXCELLENCE WITHIN THE INVESTMENT COMMUNITY. THE ORGANIZATION ALSO PROMOTES AND ENFORCES THE CFA INSTITUTE CODE OF ETHICS AND STANDARDS OF PROFESSIONAL CONDUCT. ALL MEMBERS OF THE ORGANIZATION AND CANDIDATES IN THE CFA PROGRAM ARE REQUIRED TO ADHERE TO THIS CODE.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • HEINZ HOCKMANN

    BOG VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MARGARET FRANKLIN

    PRES & CEO & RESRCH FDN BD MEM

    Total calculated
    $1,489,299
    From this org
    $1,444,710
    From related orgs
    $0
    Other
    $44,589
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $729,500
    Bonus
    $699,886
    Other
    $15,324
    Deferred
    $41,400
    Nontaxable benefits
    $3,189
    Filer's total
    $1,489,299

  • MARSHALL BAILEY

    BOG CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER GARBOWICZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOANNE HILL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LINDSEY MATTHEWS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARIA WILTON

    BOARD MEMBER

    Total calculated
    $14,459
    From this org
    $14,459
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • MEI GAO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • OYEBANJI FEHINTOLA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAMELA YANG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PATRICIA ROTHSCHILD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RAVI GAUTHAM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • VIPIN MAYAR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • YIMEI LI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOE LANGE

    CORPORATE SECRETARY

    Total calculated
    $299,311
    From this org
    $242,549
    From related orgs
    $0
    Other
    $56,762
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,993
    Bonus
    $53,119
    Other
    $3,437
    Deferred
    $28,694
    Nontaxable benefits
    $28,068
    Filer's total
    $299,311

  • STEVEN HENDRY

    CHIEF FINANCIAL OFFICER

    Total calculated
    $703,576
    From this org
    $632,182
    From related orgs
    $0
    Other
    $71,394
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $385,000
    Bonus
    $241,440
    Other
    $5,742
    Deferred
    $41,400
    Nontaxable benefits
    $29,994
    Filer's total
    $703,576

  • ANDREW ROME

    MANAGING DIRECTOR

    Total calculated
    $584,265
    From this org
    $522,874
    From related orgs
    $0
    Other
    $61,391
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $315,000
    Bonus
    $203,070
    Other
    $4,804
    Deferred
    $41,400
    Nontaxable benefits
    $19,991
    Filer's total
    $584,265

  • CHRIS WIESE

    MANAGING DIRECTOR

    Total calculated
    $661,033
    From this org
    $589,933
    From related orgs
    $0
    Other
    $71,100
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,000
    Bonus
    $240,447
    Other
    $4,486
    Deferred
    $41,400
    Nontaxable benefits
    $29,700
    Filer's total
    $661,033

  • MARTIN COLBURN END 92025

    MANAGING DIRECTOR

    Total calculated
    $730,357
    From this org
    $678,575
    From related orgs
    $0
    Other
    $51,782
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $400,000
    Bonus
    $247,440
    Other
    $31,135
    Deferred
    $41,400
    Nontaxable benefits
    $10,382
    Filer's total
    $730,357

  • PAUL ANDREWS END 12025

    MANAGING DIRECTOR

    Total calculated
    $459,071
    From this org
    $397,691
    From related orgs
    $0
    Other
    $61,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $365,000
    Bonus
    $21,600
    Other
    $11,091
    Deferred
    $41,400
    Nontaxable benefits
    $19,980
    Filer's total
    $459,071

  • PAUL MOODY

    MANAGING DIRECTOR

    Total calculated
    $661,529
    From this org
    $620,918
    From related orgs
    $0
    Other
    $40,611
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $361,666
    Bonus
    $237,814
    Other
    $21,438
    Deferred
    $36,022
    Nontaxable benefits
    $4,589
    Filer's total
    $661,529

  • SHERI KELLY

    MANAGING DIRECTOR

    Total calculated
    $624,608
    From this org
    $563,528
    From related orgs
    $0
    Other
    $61,080
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $370,000
    Bonus
    $185,000
    Other
    $8,528
    Deferred
    $41,400
    Nontaxable benefits
    $19,680
    Filer's total
    $624,608

  • ANNE O'BRIEN

    CHIEF OF STAFF

    Total calculated
    $497,716
    From this org
    $436,935
    From related orgs
    $0
    Other
    $60,781
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $317,358
    Bonus
    $111,854
    Other
    $7,723
    Deferred
    $41,400
    Nontaxable benefits
    $19,381
    Filer's total
    $497,716

  • DOUG COHEN

    SENIOR HEAD PRODUCT MANAGEMENT

    Total calculated
    $468,626
    From this org
    $400,656
    From related orgs
    $0
    Other
    $67,970
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,490
    Bonus
    $125,203
    Other
    $4,963
    Deferred
    $41,400
    Nontaxable benefits
    $26,570
    Filer's total
    $468,626

  • SANDY PETERS

    SENIOR HEAD, FIN. RPT POLICY

    Total calculated
    $495,287
    From this org
    $432,881
    From related orgs
    $0
    Other
    $62,406
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $312,260
    Bonus
    $113,189
    Other
    $7,432
    Deferred
    $41,400
    Nontaxable benefits
    $21,006
    Filer's total
    $495,287

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $534,038,687
    Expenses
    $321,585,530
    Contributions
    $0
    Grants paid
    $14,389,805
  • 2023
    Revenue
    $462,891,998
    Expenses
    $298,355,244
    Contributions
    $0
    Grants paid
    $15,459,313
  • 2022
    Revenue
    $360,345,275
    Expenses
    $271,991,297
    Contributions
    $0
    Grants paid
    $15,034,322

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $346,815,960
    Expenses
    $278,732,579
    Assets (EOY)
    $663,377,785

  • 2020 · 990

    Revenue
    $299,621,233
    Expenses
    $299,566,682
    Assets (EOY)
    $744,557,424

  • 2019 · 990

    Revenue
    $184,976,793
    Expenses
    $304,140,097
    Assets (EOY)
    $709,843,889

  • 2018 · 990

    Revenue
    $416,456,990
    Expenses
    $365,537,251
    Assets (EOY)
    $630,127,929

  • 2017 · 990

    Revenue
    $370,089,211
    Expenses
    $338,068,864
    Assets (EOY)
    $579,306,522

  • 2016 · 990

    Revenue
    $321,638,470
    Expenses
    $303,230,743
    Assets (EOY)
    $527,428,614

  • 2015 · 990

    Revenue
    $284,644,684
    Expenses
    $270,775,370
    Assets (EOY)
    $453,410,522

  • 2014 · 990

    Revenue
    $272,494,659
    Expenses
    $238,913,246
    Assets (EOY)
    $389,688,371

  • 2013 · 990

    Revenue
    $259,514,989
    Expenses
    $233,256,561
    Assets (EOY)
    $368,018,548

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $223,411,699
    Assets (EOY)
    $320,339,200

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.