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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 Municipal Securities Rulemaking Board

Municipal Securities Rulemaking Board

Fiscal year ending 2019. Filed on August 17, 2020.

1300 I Street NW Suite Ste 1000
Washington, District of Columbia 20005

Municipal Securities Rulemaking Board (EIN: 52-1042433) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Municipal Securities Rulemaking Board, a 501(c)(6) business league, reported compensation for 36 out of 145 total employees. Among the employees shown here, the average compensation is $201,861. The highest compensated employee at Municipal Securities Rulemaking Board is Lynnette Kelly with fiscal year 2019 compensation of $1,384,239.

Revenue, expenses, and employee compensation

Revenue

$32,877,847

Expenses

$42,302,498

Employee compensation

$22,957,959
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lynnette Kelly
CEO (Until 09/30/19)
$1,384,239
$1,338,930 No related comp$45,309
Mark Kim
Vice President and Chief Operating Officer
$627,803
$565,372 No related comp$62,431
John A Bagley
Chief Market Structure Officer
$519,497
$463,517 No related comp$55,980
Michael Post
General Counsel
$457,313
$428,035 No related comp$29,278
Gail Marshall
Chief Compliance Officer
$416,589
$370,419 No related comp$46,170
Ritta McLaughlin
Chief Education Officer
$382,012
$328,255 No related comp$53,757
Lanny Schwartz
Chief Regulatory Officer
$350,941
$324,585 No related comp$26,356
Nanette D Lawson
Chief Financial Officer and Treasurer
$350,091
$286,299 No related comp$63,792
Jennifer A Galloway
Chief Communications Officer
$330,407
$267,595 No related comp$62,812
Margaret Blake
Associate Genral Counsel
$324,555
$267,337 No related comp$57,218
Pamela Ellis
Associate General Counsel
$300,969
$265,371 No related comp$35,598
Simon Wu
Chief Economist
$279,546
$247,081 No related comp$32,465

Benchmark Employee Compensation

Non-Employee Board Members

Daniel Kiley
Director
$14,850
$14,850 No related compNo other comp
Joseph P Darcy
Director
$14,850
$14,850 No related compNo other comp
Caroline Cruise
Director
$13,750
$13,750 No related compNo other comp
Francis E Fairman IV
Director
$13,750
$13,750 No related compNo other comp
Patrick Brett
Director
$13,750
$13,750 No related compNo other comp

Contractors

CC Pace Systems Inc
Software Development
$1,954,999
Catalyte
Software Development
$838,084
Allen Interactions
Education Cont. Dev
$467,153
Apco Worldwide
Public Education
$445,000
Sutherland Global Services
Call Center
$292,224

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

August 7, 2025:
2024 Municipal Securities Rulemaking Board 990 filed
August 14, 2024:
2023 Municipal Securities Rulemaking Board 990 filed
August 11, 2023:
2022 Municipal Securities Rulemaking Board 990 filed

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