CFA Institute
Charlottesville, VA · EIN 54-1386480 · Rank 1,248 by total revenue
See statement o
Money, Form 990 for tax year 2024
- Total revenue
- $534,038,687
- Total expenses
- $321,585,530
- Total assets
- $1,038,237,122
- Salary base (all salaries and wages)
- $88,226,592
- Salaries, other pay and benefits
- $113,730,823
- Employees
- 457
- Salary base per employee
- $193,056
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (22)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Margaret Franklin | PRES & CEO & RESRCH FDN BD MEM | Board, Officer | 40 | $1,489,299 |
| Steven Hendry | CHIEF FINANCIAL OFFICER | Officer | 40 | $703,576 |
| Joe Lange | CORPORATE SECRETARY | Officer | 40 | $299,311 |
| Heinz Hockmann | BOG VICE CHAIR | Board, Officer | 1 | None reported |
| Marshall Bailey | BOG CHAIR | Board, Officer | 1 | None reported |
| Martin Colburn End 92025 | MANAGING DIRECTOR | Key employee | 40 | $730,357 |
| Paul Moody | MANAGING DIRECTOR | Key employee | 40 | $661,529 |
| Chris Wiese | MANAGING DIRECTOR | Key employee | 40 | $661,033 |
| Sheri Kelly | MANAGING DIRECTOR | Key employee | 40 | $624,608 |
| Andrew Rome | MANAGING DIRECTOR | Key employee | 40 | $584,265 |
| Paul Andrews End 12025 | MANAGING DIRECTOR | Key employee | 40 | $459,071 |
| Maria Wilton | BOARD MEMBER | Board | 1 | $14,459 |
| Jennifer Garbowicz | BOARD MEMBER | Board | 1 | None reported |
| Joanne Hill | BOARD MEMBER | Board | 1 | None reported |
| Lindsey Matthews | BOARD MEMBER | Board | 1 | None reported |
| Mei Gao | BOARD MEMBER | Board | 1 | None reported |
| Oyebanji Fehintola | BOARD MEMBER | Board | 1 | None reported |
| Pamela Yang | BOARD MEMBER | Board | 1 | None reported |
| Patricia Rothschild | BOARD MEMBER | Board | 1 | None reported |
| Ravi Gautham | BOARD MEMBER | Board | 1 | None reported |
| Vipin Mayar | BOARD MEMBER | Board | 1 | None reported |
| Yimei Li | BOARD MEMBER | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $6,919,075, which is 7.8% of the $88,226,592 salary base shared by 457 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Margaret Franklin | PRES & CEO & RESRCH FDN BD MEM | Board, Officer | 40 | $1,444,710 | $0 | $44,589 | $1,489,299 |
| Martin Colburn End 92025 | MANAGING DIRECTOR | Key employee | 40 | $678,575 | $0 | $51,782 | $730,357 |
| Steven Hendry | CHIEF FINANCIAL OFFICER | Officer | 40 | $632,182 | $0 | $71,394 | $703,576 |
| Paul Moody | MANAGING DIRECTOR | Key employee | 40 | $620,918 | $0 | $40,611 | $661,529 |
| Chris Wiese | MANAGING DIRECTOR | Key employee | 40 | $589,933 | $0 | $71,100 | $661,033 |
| Sheri Kelly | MANAGING DIRECTOR | Key employee | 40 | $563,528 | $0 | $61,080 | $624,608 |
| Andrew Rome | MANAGING DIRECTOR | Key employee | 40 | $522,874 | $0 | $61,391 | $584,265 |
| Anne O'Brien | CHIEF OF STAFF | Highly paid employee | 40 | $436,935 | $0 | $60,781 | $497,716 |
| Sandy Peters | SENIOR HEAD, FIN. RPT POLICY | Highly paid employee | 40 | $432,881 | $0 | $62,406 | $495,287 |
| Vito Lore | SENIOR HEAD, STRATEGY & PLANNING | Highly paid employee | 40 | $403,258 | $0 | $68,147 | $471,405 |
Sources
- IRS e-file return 202641959349300129 (Form 990, period ending 2025-08-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 54-1386480
- Organization website (as filed): www.cfainstitute.org