Graduate Management Admission Council

Reston, VA
Tax-exempt since Aug. 1999
EIN: 23-7084339

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Type of Nonprofit

Designated as a 501(c)3 Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Educational Services and Schools - Other (NTEE)

Donations to this organization are tax deductible.

Revenue

$63M (2022)

Expenses

$69.6M (2022)

Total Assets

$191M (2022)

Total Liabilities

$28.6M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Revenue

$63,026,606

Expenses

$69,629,243

Net Income

-$6,602,637

Net Assets

$162,686,834

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$53,628,781	85.1%
Investment Income	$3,307,275	5.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,035,093	9.6%
Net Inventory Sales	$0
Other Revenue	$55,457	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,421,905	6.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$15,496,728	22.3%

Assets/Debt
Total Assets	$191,283,214
Total Liabilities	$28,596,380
Net Assets	$162,686,834

Compensation

Key Employees and Officers	Compensation	Related	Other
Sangeet Chowfla (Ceo (To 10/22); Sr Advisor To Board)	$850,321	$0	$435,860
Joy Jones (Chief Product Officer And General Manager)	$590,802	$0	$40,681
Betty Su (Sr Vp & Gm, Gmac Connect(to 12/15/22))	$456,596	$0	$30,056
Ashish Bhardwaj (Sr Vp & Head, Market Development)	$455,792	$0	$40,681
Jennifer Martin (Cfo & Head, Corporate Development)	$428,440	$0	$38,639
Kevin Lefew (Chief Technology Officer)	$414,753	$0	$20,360
Maite Salazar (Chief Marketing Officer)	$384,605	$0	$39,750
Sabrina White (Vp, School & Industry Engagement)	$366,951	$0	$23,085
Ashok Sarathy (Vp, Product Management Operations)	$365,725	$0	$43,125
Robin Everett (Vp, Legal)	$348,380	$0	$43,795
David Cooke (Sr Dir, App Dev & Integration)	$272,558	$0	$35,117
Kyungtyek Han (Sr Dir, Psychometrician)	$253,251	$0	$35,665
Ana Kyper (Sr Dir, Product Management, Gme Prep)	$228,970	$0	$34,363
Elda Bahar Engler (Chief Admin Officer (To 1/4/2022))	$181,855	$0	$2,019
Jon Erickson (Chair)	$0	$0	$0
Martin Boehm (Co Chair (To 6/30/2022))	$0	$0	$0
Isabelle Bajeux Besnainou (Director (From 7/1/2022))	$0	$0	$0
William Boulding (Director (To 6/30/2022))	$0	$0	$0
Tom Buiocchi (Director (To 6/30/2022))	$0	$0	$0
Mukesh Butani (Director (From 7/1/2022))	$0	$0	$0
Itziar De Ros (Director (From 7/1/2022))	$0	$0	$0
Bruce Delmonico (Director (From 7/1/2022))	$0	$0	$0
Yuan Ding (Director)	$0	$0	$0
Catherine Duggan (Director (From 7/1/2022))	$0	$0	$0
Erika H James (Director (To 6/30/2022))	$0	$0	$0
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990

Filed on Nov. 15, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$77,127,681

Expenses

$67,246,312

Net Income

$9,881,369

Net Assets

$200,747,973

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$63,344,337	82.1%
Investment Income	$3,332,422	4.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$10,274,431	13.3%
Net Inventory Sales	$144,358	0.2%
Other Revenue	$32,133	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,991,366	5.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$15,242,949	22.7%

Assets/Debt
Total Assets	$230,212,828
Total Liabilities	$29,464,855
Net Assets	$200,747,973

Compensation

Key Employees and Officers	Compensation	Related	Other
Sangeet Chowfla (President & Ceo)	$742,845	$0	$35,047
Ashish Bhardwaj (Sr Vp & Head, Market Development)	$569,873	$0	$21,447
Joy Jackson Jones (Cpo & Gm, Assessment)	$490,006	$0	$45,660
Betty Su (Sr Vp & Gm, Gmac Connect)	$394,078	$0	$28,883
Maite Salazar (Chief Marketing Officer)	$360,573	$0	$40,077
Kevin Lefew (Chief Technology Officer)	$358,202	$0	$25,477
Elda Bahar Engler (Chief Administrative Officer)	$353,343	$0	$25,532
Sabrina White (Vp, School & Industry Engagement)	$344,070	$0	$20,801
Ashok Sarathy (Vp, Product Management Operations)	$339,875	$0	$44,363
Jennifer Martin (Chief Of Staff)	$334,755	$0	$44,005
Robin Everett (Vp, Legal)	$321,972	$0	$50,158
David Cooke (Sr Dir, App Dev & Integration)	$250,118	$0	$41,533
Kyungtyek Han (Sr Dir, Psychometrician)	$231,060	$0	$42,192
Jon Erickson (Chair)	$0	$0	$0
Martin Boehm (Co Chair)	$0	$0	$0
William Boulding (Director)	$0	$0	$0
Tom Buiocchi (Director)	$0	$0	$0
Yuan Ding (Director)	$0	$0	$0
Erika H James (Director)	$0	$0	$0
Peter Johnson (Director)	$0	$0	$0
Sanjiv Kapur (Director)	$0	$0	$0
Soojin Kwon (Director)	$0	$0	$0
Katy Montgomery (Director)	$0	$0	$0
Jay Nibbe (Director)	$0	$0	$0
Francois Ortalo Magne (Director)	$0	$0	$0
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990

Filed on Nov. 14, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$72,686,376

Expenses

$76,079,385

Net Income

-$3,393,009

Net Assets

$183,270,522

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$60,437,289	83.1%
Investment Income	$4,572,565	6.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,773,222	7.9%
Net Inventory Sales	$178,894	0.2%
Other Revenue	$1,724,406	2.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,418,172	5.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$19,615,161	25.8%

Assets/Debt
Total Assets	$227,111,983
Total Liabilities	$43,841,461
Net Assets	$183,270,522

Compensation

Key Employees and Officers	Compensation	Related	Other
Sangeet Chowfla (President & Ceo)	$1,128,035	$0	$49,678
Ashish Bhardwaj (Sr Vp, Market Development)	$590,377	$0	$0
Joy Jackson Jones (Cpo & Gm, Assessments)	$580,678	$0	$49,177
Betty Su (Sr Vp & Gm, Student Recruitment Svcs)	$452,072	$0	$34,094
Sabrina White (Vp, School & Industry Engagement)	$407,915	$0	$24,978
Ashok Sarathy (Vp, Product Management)	$399,008	$0	$42,473
Jennifer Martin (Chief Of Staff)	$368,988	$0	$44,095
Kevin Lefew (Chief Technology Officer)	$368,496	$0	$28,989
Vibha Miller (Vp, Human Resources)	$340,038	$0	$41,773
Maite Salazer (Chief Marketing Officer)	$338,072	$0	$44,236
Robin Everett (Vp, Legal)	$336,979	$0	$45,225
Elda Beki Bahar Engler (Chief Administrative Officer)	$294,271	$0	$18,881
Michael Nolder (Director Data Management & Analytics)	$226,843	$0	$30,449
Samuel Reimer (Former Cfo Left Nov 2019)	$173,865	$0	$0
Martin Boehm (Chair Elect To Jun 2020, Then Chair)	$0	$0	$0
William Boulding (Chair To Jun 2020, Then Director)	$0	$0	$0
Ranjan Banerjee (Director)	$0	$0	$0
Tom Buiocchi (Director)	$0	$0	$0
Jon Erickson (Director)	$0	$0	$0
Leila Guerra (Director)	$0	$0	$0
Erika James (Director)	$0	$0	$0
Peter Johnson (Director)	$0	$0	$0
Sanjiv Kapur (Director)	$0	$0	$0
Soojin Kwon (Director)	$0	$0	$0
Jay Nibbe (Director)	$0	$0	$0
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990

Filed on Nov. 15, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$95,385,559

Expenses

$101,133,934

Net Income

-$5,748,375

Net Assets

$174,894,057

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$89,754,208	94.1%
Investment Income	$3,363,163	3.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,198,852	2.3%
Net Inventory Sales	$69,336	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,684,072	4.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$19,905,785	19.7%

Assets/Debt
Total Assets	$203,899,196
Total Liabilities	$29,005,139
Net Assets	$174,894,057

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Sangeet Chowfla (President & Chief Executive Officer)	$789,333	$0	$45,336
Samuel Reimer Partial Year (Chief Financial Officer)	$744,916	$0	$55,377
Sherri Sampson Partial Year (Chief Hr Officer, General Counsel And Secretary)	$571,775	$0	$32,680
Joy Jackson Jones (Chief Product Officer And General Manager, Assessm)	$502,552	$0	$53,169
Betty Su (Svp & General Manager, Gmac Connec)	$388,736	$0	$41,550
Sabrina White (Vp, School & Industry Engagement)	$343,835	$0	$32,042
Ashok Sarathy (Vp, Product Management)	$340,163	$0	$51,334
Ashish Bhardwaj (Svp Market Development)	$314,300	$0	$65,451
Jennifer Martin (Chief Of Staff)	$308,772	$0	$50,736
Vibha Miller (Vp, Human Resources)	$297,869	$0	$50,628
Robin Everett (Vp, Legal)	$290,518	$0	$52,317
Kevin Lefew (Chief Technology Officer)	$283,717	$0	$52,871
Maite Salazer (Chief Marketing Officer)	$232,733	$0	$42,544
Elizabeth Book (Dir, Corporate Counsel Contracts)	$228,690	$0	$44,345
Beki Bahar Engler Partial Year (Chief Administrative Officer)	$70,180	$0	$5,355
William Boulding (Chair)	$0	$0	$0
Martin Boehm (Director)	$0	$0	$0
Erika James (Director)	$0	$0	$0
Xiongwen Lu (Director)	$0	$0	$0
Donna Rapaccioli (Director)	$0	$0	$0
Peter Tufano (Director)	$0	$0	$0
Sri Zaheer (Director)	$0	$0	$0
Leila Guerra (Director)	$0	$0	$0
Eric Hirst (Director)	$0	$0	$0
Peter Johnson (Director)	$0	$0	$0
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990

Filed on Nov. 16, 2020

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990-T

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Fiscal Year Ending Dec.
2018

Revenue

$96,959,120

Expenses

$95,373,780

Net Income

$1,585,340

Net Assets

$164,330,042

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$89,927,147	92.7%
Investment Income	$3,324,655	3.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,463,582	3.6%
Net Inventory Sales	$243,736	0.3%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,647,488	3.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$18,400,449	19.3%

Assets/Debt
Total Assets	$191,024,106
Total Liabilities	$26,694,064
Net Assets	$164,330,042

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Sangeet Chowfla (President & Chief Executive Officer)	$765,720	$0	$323,441
Samuel Reimer (Chief Financial Officer)	$473,880	$0	$91,263
Sherri Sampson (Chief Hr Officer, General Counsel & Secretary)	$469,990	$0	$72,357
Joy Jackson Jones (Chief Product Officer & General Manager, Assessm)	$433,059	$0	$104,815
Betty Su (Chief Marketing Officer)	$356,630	$0	$56,166
Sabrina White (Vp, Americas & Europe)	$338,024	$0	$52,172
Ashok Sarathy (Vp, Product Management)	$336,195	$0	$70,456
Andrew Martelli (Vp, Product Development)	$307,837	$0	$71,246
Ashish Bhardwaj (Vp, Apac, Middle East & Africa)	$293,940	$0	$70,022
Robin Everett (Associate General Counsel & Assistant Secretary)	$287,176	$0	$51,127
Jennifer Martin (Vp, Strategic Planning & Integration)	$264,033	$0	$49,054
Kevin Lefew Partial Year (Chief Technology Officer)	$58,860	$0	$14,600
Kate Klepper (Chair)	$0	$0	$0
William Boulding (Chair)	$0	$0	$0
Jim Brady (Director)	$0	$0	$0
Kenneth Freeman (Director)	$0	$0	$0
Nick Barniville (Director)	$0	$0	$0
Martin Boehm (Director)	$0	$0	$0
Tom Buiocchi (Director)	$0	$0	$0
Jon Erickson (Director)	$0	$0	$0
Ellen Glazerman (Director)	$0	$0	$0
Leila Guerra (Director)	$0	$0	$0
Eric Hirst (Director)	$0	$0	$0
Erica James (Director)	$0	$0	$0
Peter Johnson (Director)	$0	$0	$0
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990

Filed on Nov. 15, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$97,364,259

Expenses

$93,741,624

Net Income

$3,622,635

Net Assets

$171,271,601

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$90,832,328	93.3%
Investment Income	$2,732,876	2.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,497,946	3.6%
Net Inventory Sales	$301,109	0.3%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,383,004	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$15,258,716	16.3%

Assets/Debt
Total Assets	$199,717,784
Total Liabilities	$28,446,183
Net Assets	$171,271,601

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Sangeet Chowfla (President And Ceo)	$1,707,950	$0	$154,208
Sherri Sampson (Chief Hr Officer, General Counsel)	$488,323	$0	$47,448
Samuel R Reimer (Chief Financial Officer)	$476,072	$0	$60,425
David Moldavsky (Vp, Business Operations)	$365,767	$0	$47,147
Betty Su (Chief Marketing Officer)	$353,192	$0	$48,016
Ashok Sarathy (Vp, Product Management)	$340,636	$0	$44,863
Ashish Bhardwaj (Vp, Apac)	$324,396	$0	$89,440
Sabrina White (Vp, Americas)	$323,341	$0	$44,997
Andrew Martelli (Vp, Product Development)	$320,101	$0	$39,750
Joy Jones Partial Year (Chief Product Officer)	$283,083	$0	$34,584
Robert Alig Partial Year (Executive Vp, School Products)	$242,980	$0	$0
Fanmin Guo Partial Year (Vp, Psychometric Research)	$226,641	$0	$29,461
Ramesh Thadani Partial Year (Executive Vp, Market Development)	$165,722	$0	$0
Kate Klepper (Chair)	$0	$0	$0
Nick Barnville (Board Member)	$0	$0	$0
Martin Boehm (Board Member)	$0	$0	$0
William Boulding (Board Member)	$0	$0	$0
Jim Brady (Board Member)	$0	$0	$0
Tom Buiocchi (Board Member)	$0	$0	$0
Jon Erickson (Board Member)	$0	$0	$0
Kenneth Freeman (Board Member)	$0	$0	$0
Ellen Glazerman (Board Member)	$0	$0	$0
Eric Hirst (Board Member)	$0	$0	$0
Xiongwen Lu (Board Member)	$0	$0	$0
Donna Rapaccioli (Board Member)	$0	$0	$0
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990

Filed on Nov. 13, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$97,292,315

Expenses

$92,409,065

Net Income

$4,883,250

Net Assets

$157,352,702

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$93,576,807	96.2%
Investment Income	$2,217,977	2.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,197,987	1.2%
Net Inventory Sales	$299,154	0.3%
Other Revenue	$390	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,803,739	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$15,664,002	17.0%

Assets/Debt
Total Assets	$181,576,795
Total Liabilities	$24,224,093
Net Assets	$157,352,702

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Sangeet Chowfla (President And Ceo)	$636,134	$0	$392,649
Ramesh Thadani (Executive Vp, Market Development)	$524,178	$0	$34,153
Sherri Sampson (Chief Hr Officer, General Counsel And Corporate Se)	$506,921	$0	$33,231
Samuel Reimer (Chief Financial Officer)	$483,215	$0	$42,010
Robert Alig (Executive Vp, School Products)	$417,789	$0	$41,649
David Moldavsky (Vp, Business Operations)	$362,587	$0	$48,834
Ashok Sarathy (Vp, Product Management)	$345,022	$0	$42,521
Fanmin Guo (Vp, Psychometric Research)	$316,993	$0	$43,153
Sabrina White (Vp, Americas)	$316,143	$0	$26,221
Andrew Martelli (Vp, Product Development)	$309,702	$0	$45,788
Betty Su (Vp, Chief Marketing Officer)	$252,003	$0	$28,385
Ashish Bhardwaj (Vp, Apac)	$172,424	$0	$119,257
Kenneth Freeman (Chair)	$0	$0	$0
Kate Klepper (Vice Chair)	$0	$0	$0
Nick Barnville (Board Member)	$0	$0	$0
William Boulding (Board Member)	$0	$0	$0
Jim Brady (Board Member)	$0	$0	$0
Tom Buiocchi (Board Member)	$0	$0	$0
Jon Erickson (Board Member)	$0	$0	$0
Eric Hirst (Board Member)	$0	$0	$0
Ellen Glazerman (Board Member)	$0	$0	$0
Munish Sapra (Board Member)	$0	$0	$0
Xiongwen Lu (Board Member)	$0	$0	$0
Sri Zaheer (Board Member)	$0	$0	$0
Donna Rapaccioli (Board Member)	$0	$0	$0
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990

Filed on Aug. 14, 2017

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990-T

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Fiscal Year Ending Dec.
2015

Revenue

$101,222,303

Expenses

$87,658,778

Net Income

$13,563,525

Net Assets

$147,449,277

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$92,700,862	91.6%
Investment Income	$2,214,086	2.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,948,382	5.9%
Net Inventory Sales	$352,249	0.3%
Other Revenue	$6,724	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$7,936,235	9.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$12,188,146	13.9%

Assets/Debt
Total Assets	$174,443,732
Total Liabilities	$26,994,455
Net Assets	$147,449,277

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
Shelli H Arnold (Chief Operating Officer)	$1,061,409	$0	$30,255
Margaret Jobst (Executive Vp, Assessment Products)	$1,053,520	$0	$46,187
Sangeet Chowfla (President And Ceo)	$638,064	$0	$303,609
Samuel Reimer (Chief Financial Officer)	$626,253	$0	$52,618
Sherri Sampson (Chief Hr Officer, General Counsel And Corporate Se)	$532,705	$0	$49,128
Ramesh Thadani (Executive Vp, Market Development)	$515,181	$0	$47,967
Robert Alig (Executive Vp, School Products)	$402,553	$0	$51,628
David Moldavsky (Vp, Business Operations)	$399,021	$0	$49,930
Ashok Sarathy (Vp, Product Management)	$387,713	$0	$44,874
Fanmin Guo (Vp, Psychometric Research)	$315,415	$0	$39,299
Andrew Martelli (Vp, Product Development)	$291,378	$0	$46,590
Sabrina White (Vp, Americas)	$269,239	$0	$27,754
Richard D'amato (Vp, Global Communications)	$262,286	$0	$41,510
Ashish Bhardwaj (Vp, Apac)	$228,615	$0	$50,085
Betty Su (Vp, Chief Marketing Officer)	$63,019	$0	$8,431
Ellen Glazerman (Chair)	$0	$0	$0
Kenneth Freeman (Vice Chair)	$0	$0	$0
Nick Barnville (Board Member)	$0	$0	$0
William Boulding (Board Member)	$0	$0	$0
Jim Brady (Board Member)	$0	$0	$0
Tom Buiocchi (Board Member)	$0	$0	$0
Jon Erickson (Board Member)	$0	$0	$0
Sean Ferguson (Board Member)	$0	$0	$0
Kate Klepper (Board Member)	$0	$0	$0
K Ravi Kumar (Board Member)	$0	$0	$0
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990

Filed on Aug. 15, 2016

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2014

Revenue

$93,211,842

Expenses

$87,859,017

Net Income

$5,352,825

Net Assets

$140,336,157

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$88,795,952	95.3%
Investment Income	$1,876,827	2.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,188,064	2.3%
Net Inventory Sales	$296,022	0.3%
Other Revenue	$54,977	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$8,755,078	10.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$14,365,122	16.4%

Assets/Debt
Total Assets	$172,811,397
Total Liabilities	$32,475,240
Net Assets	$140,336,157

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
David Wilson (Former President And Ceo)	$1,176,314	$0	$22,124
Rosecrans Robert (Chief Information Officer)	$1,021,798	$0	$42,741
Lawrence Rudner (Vp, Research & Development)	$731,773	$0	$40,034
Margaret Jobst (Executive Vp, Products & Services)	$597,256	$0	$200,369
Julia Tyler (Executive Vp, Market Development)	$524,104	$0	$62,986
Ramesh Thadani (Executive Vp, Market Development)	$490,075	$0	$180,228
Shelli H Arnold (Chief Operating Officer)	$488,616	$0	$172,761
Sangeet Chowfla (President And Ceo)	$485,864	$0	$615,741
Reimer Samuel (Chief Financial Officer)	$455,782	$0	$179,649
Sherri Sampson (General Counsel And Corporate Secretary)	$421,227	$0	$159,191
Jose Carreras (Vp, Marketing Operations)	$413,728	$0	$24,833
Fanmin Guo (Vp, Psychometric Research)	$345,985	$0	$110,241
Andrew Martelli (Vp, Product Development)	$318,681	$0	$113,082
Richard D'amato (Vp, Global Communications)	$299,147	$0	$95,835
David Moldavsky (Vp, Marketing & Communications)	$292,258	$0	$121,803
Ashok Sarathy (Vp, Gmat Operations)	$291,054	$0	$114,011
Robert Alig (Executive Vp, School Products)	$148,262	$0	$80,744
Alfons Sauquet (Chair)	$0	$0	$0
William Boulding (Board Member)	$0	$0	$0
Tom Buiocchi (Board Member)	$0	$0	$0
Jim Brady (Board Member)	$0	$0	$0
Dina Dommett (Board Member)	$0	$0	$0
Sean Ferguson (Board Member)	$0	$0	$0
Kenneth Freeman (Board Member)	$0	$0	$0
Ellen Glazerman (Board Member)	$0	$0	$0
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990

Filed on Aug. 12, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

Revenue

$94,522,280

Expenses

$90,263,101

Net Income

$4,259,179

Net Assets

$131,571,736

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$86,622,211	91.6%
Investment Income	$790,354	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,677,590	6.0%
Net Inventory Sales	$1,419,263	1.5%
Other Revenue	$12,862	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$5,937,460	6.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$16,563,827	18.4%

Assets/Debt
Total Assets	$160,158,007
Total Liabilities	$28,586,271
Net Assets	$131,571,736

Provided first-class or charter travel

Compensation

Key Employees and Officers	Compensation	Related	Other
David A Wilson (President And Ceo)	$1,060,674	$0	$41,490
Margaret Jobst (Executive Vice President,)	$572,662	$0	$47,903
Julia Tyler (Executive Vp Global Market)	$475,503	$0	$58,755
Shelli H Arnold (Chief Operating Officer)	$452,810	$0	$46,085
Robert Rosecrans (Chief Information Officer)	$445,677	$0	$50,399
Samuel Reimer (Chief Financial Officer)	$420,480	$0	$50,242
Sherri Sampson (General Counsel & Corp Sec)	$398,771	$0	$39,915
Lawrence Rudner (Vp, Research & Development)	$387,792	$0	$47,232
Ernest Anastasio (Sr. Advisor)	$376,310	$0	$45,765
Ramesh Thadani (Vp, Market Development)	$374,700	$0	$43,447
Avis Bent (Vp, Finance)	$322,766	$0	$28,012
Mary Susan Motz (Vp, Americas)	$305,053	$0	$37,368
Ashok Sarathy (Vp, Gmat Operations)	$296,231	$0	$40,863
Fanmin Guo (Vp, Psychometric Research)	$281,886	$0	$36,948
Jose Carreras (Vp, Marketing Operations)	$276,848	$0	$43,135
Andrew Martelli (Vp, Communications)	$267,472	$0	$44,642
Sangeet Chowfla (President)	$224,232	$0	$19,176
James W Bradford (Chair:Left Prior To 12.31.13)	$0	$0	$0
Jim Brady (Board Member)	$0	$0	$0
Dina Dommett (Board Member/Chair)	$0	$0	$0
Sean Ferguson (Board Member)	$0	$0	$0
Lawrence P Fisher Ii (Board Member:Left Prior To 12.31.13)	$0	$0	$0
Ellen Glazerman (Board Member)	$0	$0	$0
J Michael Hardin (Board Member)	$0	$0	$0
Marguerite Bishop Lane (Board Member)	$0	$0	$0
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990

Filed on Aug. 14, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$125,146,849

Expenses

$102,745,123

Net Income

$22,401,726

Net Assets

$126,147,324

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$92,700,383	74.1%
Investment Income	$73,167	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$30,578,712	24.4%
Net Inventory Sales	$1,791,887	1.4%
Other Revenue	$2,700	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$6,261,659	6.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$15,011,200	14.6%

Assets/Debt
Total Assets	$161,235,223
Total Liabilities	$35,087,899
Net Assets	$126,147,324

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$92,744,172

Expenses

$91,822,965

Net Income

$921,207

Net Assets

$120,893,210

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$88,520,819	95.4%
Investment Income	$50,987	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,620,468	2.8%
Net Inventory Sales	$1,548,046	1.7%
Other Revenue	$3,852	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,562,303	5.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$14,277,128	15.5%

Assets/Debt
Total Assets	$150,727,729
Total Liabilities	$29,834,519
Net Assets	$120,893,210

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated April 12, 2024

Graduate Management Admission Council

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $63M (2022)

Expenses $69.6M (2022)

Total Assets $191M (2022)

Total Liabilities $28.6M (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$63M (2022)

Expenses

$69.6M (2022)

Total Assets

$191M (2022)

Total Liabilities

$28.6M (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

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2015

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

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2010

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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