Financial Markets Association
- Assets
- $26.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 54-1602760
Organization Overview
Financial Markets Association is located in Washington, DC. The organization was established in 1992. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Financial Markets Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Financial Markets Association generated $59.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $54.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE NATIONAL WORKSHOPS, CONFERENCES AND SEMINARS TO MEET THE EDUCATIONAL AND PROFESSIONAL DEVELOPMENT NEEDS FOR THOSE DEALING WITH THE CAPITAL MARKETS/SECURITIES ACTIVITIES OF FINANCIAL INSTITUTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malcolm P Northam Director | 0 | $0 | |
Jo Dorcas Pearce Managing Dir | 20 | $8,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $59,935 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,935 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,260 |
| Professional fees and other payments to independent contractors | $704 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $15 |
| Other expenses | $42,478 |
| Total expenses | $54,457 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,619 |
| Other assets | $0 |
| Total assets | $26,619 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,619 |