EIN 54-1386480

CFA Institute

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
NTEE code, primary
CFA Institute administers the CFA program, a three-level education and examination program covering topics essential to investment decision-making. Program topics form the candidate body of knowledge. In addition, it provides a variety of programs and services to its members and the global investment community at large, including the Certificate in Investment Performance Measurement (CIPM), a designation program for professionals that produce.
Total revenues
Total expenses
Total assets
Num. employees

Program areas at CFA Institute

The chartered financial analyst (Cfa) program: the organization administers the Cfa program, a three-level, education and examination program covering topics essential to the investment decision-making process. Program topics form the candidate body of knowledge and include ethical and professional standards, quantitative methods, economics, financial statement reporting and analysis, corporate finance, equity and fixed-income analysis, alternative investments, derivatives, portfolio management, and wealth planning.
Standards advocacy, and thought leadership: the organization is a leading voice on issues of fairness, efficiency, and investor protection in global capital markets and promotes high standards of ethics, integrity, and professional excellence within the investment community. The organization also promotes and enforces the Cfa Institute code of ethics and standards of professional conduct. All members of the organization and candidates in the Cfa program are required to adhere to this code.
Professional development member services: the organization promotes lifelong learning by sponsoring and disseminating a variety of educational content to investment professionals on topics relevant to the profession. It also provides career development resources, creates affiliation and networking opportunities, and promotes awareness and recognition of member credentials to the industry and investing public.
Cfa Institute also provides a variety of programs and services to its members and to the global investment community at large. Programs include the certificate in investment performance measurment (cipm), a designation program for professionals that produce, interpret, present and explain investment performance and products (including selection and evaluation of investment managers), and the certificate in esg investing which offers both pratical application and technical knowledge in the fast-growing field of esg investing.

Grants made by CFA Institute

GranteeGrant descriptionAmount
The Graham CenterGen Support$615,411
Cfa Society Boston (BSAS)Gen Support$310,045
CFA Society Chicago (CFA)Gen Support$283,207
...and 61 more grants made totalling $4,880,984

Who funds CFA Institute

Grants from foundations and other nonprofits
Armand G Erpf FundEducational$500
Clare and Robert Gray Charitable FoundationCharity$275

Personnel at CFA Institute

Margaret FranklinPresident and Chief Executive Officer$558,892
James Chris AinsworthChief Administrative Officer / Chief Operating Officer
Marty ColburnManaging Director and Chief Operating Officer / Managing Director , Information Technology and Chief Information Officer ,
Allison HolmesChief Finance and Risk Officer / Chief Financial Officer$580,154
Steven HendryChief Financial Officer$0
...and 25 more key personnel

Financials for CFA Institute

RevenuesFYE 08/2022
Total grants, contributions, etc.$390,617
Program services$328,773,914
Investment income and dividends$16,097,203
Tax-exempt bond proceeds$0
Royalty revenue$675,254
Net rental income$73,846
Net gain from sale of non-inventory assets$-115,542
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$920,668
Total revenues$346,815,960

Form 990s for CFA Institute

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-12990View PDF
2020-082021-07-21990View PDF
2019-082020-09-15990View PDF
2018-082019-09-16990View PDF
2017-082018-05-14990View PDF
...and 8 more Form 990s
Data update history
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 10 new vendors, including , , , , , , , , , and
May 13, 2023
Updated personnel
Identified 3 new personnel
May 9, 2023
Used new vendors
Identified 2 new vendors, including , and
April 19, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
EducationBusiness and industry
MembershipsOperates internationallyReceives government fundingCommunity engagement / volunteering
General information
915 E High St
Charlottesville, VA 22902
Metro area
Charlottesville, VA
Website URL
(434) 951-5499
Facebook page
Twitter profile
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Central organization
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