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Pharmaceutical Research and Manufacturers of America

Trade
DBA: % TRACEY MERCHANT CFO/EVP
Trade Association · WASHINGTON, DC · EIN 53-0241211

About

Phrma's mission is to conduct effective advocacy for public policies that encourage the discovery of important, new medicines for patients by biopharmaceutical research companies.

In care of Tracey Merchant Cfo/evp

Donations are NOT tax-deductible
Category
Trade Association
Employees
300
Volunteers
3,789

Financial Snapshot

FY ending 2024-12-31
Revenue
$521.3M
Expenses
$578.3M
Assets
$349.0M
Liabilities
$190.5M

Financial history

$578.3M$289.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $521.3M · Peak FY2022: $568.4M · Avg: $467.0M

Foreign activity (Schedule F)

Total spent abroad$8.6M
Foreign employees8
Foreign offices3
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
East Asia and the Pacific——
Middle East and North Africa——
North America (Canada & Mexico only)——

Political & Grant Activity

Campaign Spending
$0
Lobbying
—
Grants Given
$44K
PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA
Your actions

Address

670 Maine AVE SW
Washington, DC, 20024-355

Governance

Voting board members32
Independent members31
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compYes
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.