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Graduate Management Admission Council

Public charity
Other · RESTON, VA · EIN 23-7084339

About

The mission of graduate management admission council (GMAC) is to provide the tools and information necessary for schools and talent to discover and evaluate each other (see schedule o).GMAC believes the values of courage, creativity, listening, collaboration and integrity, build lasting connections within GMAC and the education community, both today and for the future.

Donations are tax-deductible
Category
Other
Employees
169
Volunteers
15

Financial Snapshot

FY ending 2022-12-31
Revenue
$63.0M
Expenses
$69.6M
Assets
$191.3M
Liabilities
$28.6M

Financial history

$101.1M$50.6M$0
16171819202122
RevenueExpenses
Latest FY2022: $63.0M · Peak FY2017: $97.4M · Avg: $90.0M

Foreign activity (Schedule F)

Total spent abroad$11.3M
Foreign employees51
Foreign offices5
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND AND GREENLAND)
EUROPE (INCLUDING ICELAND AND GREENLAND)
EAST ASIA & THE PACIFIC
SOUTH ASIA
SOUTH ASIA
EUROPE (INCLUDING ICELAND AND GREENLAND)
NORTH AMERICA (EXCLUDING USA)
EAST ASIA & THE PACIFIC
EUROPE
MIDDLE EAST & NORTH AFRICA
RUSSIA & NEIGHBORING STATES
SOUTH AMERICA
SOUTH ASIA
SUB SAHARAN AFRICA
NORTH AMERICA
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$125K
GRADUATE MANAGEMENT ADMISSION COUNCIL
Your actions

Address

11921 Freedom DR STE 300
Reston, VA, 20190-567

Governance

Voting board members16
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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