GRADUATE MANAGEMENT ADMISSION COUNCIL

GRADUATE MANAGEMENT ADMISSION COUNCIL

Reston, VA, US
501(c)3
EIN
23-7084339

GRADUATE MANAGEMENT ADMISSION COUNCIL

Reston, VA, US
501(c)3
EIN
23-7084339

Overview

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Est.

1970

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Graduate Management Admission Council (EIN: 23-7084339) is a nonprofit organization dedicated to enhancing education services by creating a world where every individual can access the best business education suited for them. With an operating budget of $73.7 million and total revenue of $67.4 million for the 2024 filing year, GMAC is committed to its mission without relying on a single funder for 50% or more of its revenue. More information can be found on their website at www.gmac.com.

Mission Statement

TO CREATE A WORLD WHERE EVERY PERSON CAN BENEFIT FROM THE BEST BUSINESS EDUCATION FOR THEM
Revenues

$67.4M

Expenses

$74.2M

Net Income:
-$6.8M
Assets

$190M

Liabilities

$25.7M

Net Assets:
+$164.3M
Operating Budget

$73.7M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Joy Jones
Board Member
J
Jay Nibbe
Board Member
S
Sanjiv Kapur
Board Member

Frequently Asked Questions

What is GRADUATE MANAGEMENT ADMISSION COUNCIL’s budget?
In 2024, GRADUATE MANAGEMENT ADMISSION COUNCIL reported an annual operating budget of around $73.7 million. More detailed financial information is available to registered users.
What causes does GRADUATE MANAGEMENT ADMISSION COUNCIL support?
GRADUATE MANAGEMENT ADMISSION COUNCIL supports work in Education services.
Where does GRADUATE MANAGEMENT ADMISSION COUNCIL operate?
GRADUATE MANAGEMENT ADMISSION COUNCIL is headquartered in Reston, VA.
What is GRADUATE MANAGEMENT ADMISSION COUNCIL’s reliance on government grants?
GRADUATE MANAGEMENT ADMISSION COUNCIL relied on government grants for less than 5% of their total revenue in 2024.
Overview
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