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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations CFA Institute

CFA Institute

Fiscal year ending 2020. Filed on July 12, 2021.

PO Box 2083
3004 Oxbow Court
Charlottesville, Virginia 22902

CFA Institute (EIN: 54-1386480) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, CFA Institute, a 501(c)(6) business league, reported compensation for 21 out of 626 total employees. Among the employees shown here, the average compensation is $512,689. The highest compensated employee at CFA Institute is Paul Smith Cfa Thru 82019 with fiscal year 2020 compensation of $1,906,719.

Revenue, expenses, and employee compensation

Revenue

$184,976,793

Expenses

$304,140,097

Employee compensation

$107,195,648
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Paul Smith Cfa Thru 82019
Former President and CEO
$1,906,719
$1,734,363 No related comp$172,356
Kurt N Schacht, Cfa
Managing Director
$680,514
$624,831 No related comp$55,683
Nick Pollard
Managing Director
$600,282
$517,539 No related comp$82,743
Gary Baker
Managing Director
$557,995
$518,718 No related comp$39,277
Stephen M Horan, Cfa
Managing Director
$546,979
$490,897 No related comp$56,082
Michael Collins
Managing Director
$536,042
$480,256 No related comp$55,786
Chris Ainsworth
Managing Director
$530,462
$480,938 No related comp$49,524
Sheri Lynn Littlefield
Chief Legal Officer
$528,874
$480,051 No related comp$48,823
Bjorn Forfang Exit 42019
Managing Director
$525,941
$494,201 No related comp$31,740
Marg Franklin Cfa Eff 92019
PRES and CEO and Resrch FDN BD MEM
$522,141
$510,115 No related comp$12,026
Leilani Hall
Managing Director
$464,487
$423,181 No related comp$41,306
Emily Dunbar Exit 62020
Managing Director
$459,696
$409,555 No related comp$50,141

Benchmark Employee Compensation

Non-Employee Board Members

Hua Yu, Cfa
Governor
$4,578
$4,578 No related compNo other comp
Punita Kumar-Sinha, Cfa
Governor
No compensation reported
Robert Bruner
Governor
No compensation reported
Daniel Gamba, Cfa
Board Vice Chair
No compensation reported
Leah Bennett, Cfa
Governor
No compensation reported
Diane Nordin, Cfa
Board and EXEC Committee Chair
No compensation reported
Heather Brilliant, Cfa
Governor
No compensation reported
Tricia Rothschild, Cfa
Governor
No compensation reported
Zouheir Tamim El Jarkass, Cfa
Member, Board of Govenors
No compensation reported
Karina Litvack
Governor
No compensation reported
Geoffrey Ng, Cfa
Governor
No compensation reported
Maria Wilton, Cfa
Governor
No compensation reported

Contractors

Wpp Group USA Inc. the Ogilvy Group
Advertising
$28,651,839
Paymentech LLC
Professional
$11,752,178
Ernst Young US LLP
Professional
$7,338,791
Watermelon Express Inc dba BenchPre
Professional
$4,848,368
British Council
Professional
$4,830,219

Mission Statement

SEE STATEMENT O

Other organizations also named CFA Institute

CFA Institute Research Foundation
Charlottesville, Virginia

Revisions to this organization profile

June 9, 2025:
2024 CFA Institute 990 filed
June 25, 2024:
2023 CFA Institute 990 filed
June 28, 2023:
2022 CFA Institute 990 filed

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