PHARMACEUTICAL RESEARCH & MANUFACTURERS OF AMERICA
Pub 78

PHARMACEUTICAL RESEARCH & MANUFACTURERS OF AMERICA
Pub 78

Washington, DC, US
•
501(c)
•
EIN
53-0241211
•
WWW.PHRMA.ORG

PHARMACEUTICAL RESEARCH & MANUFACTURERS OF AMERICA
Pub 78

Washington, DC, US
•
501(c)
•
EIN
53-0241211
•
WWW.PHRMA.ORG
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$521,348,217

Program Services
97%
Investments
2%
Contributions
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$578,265,057

Other
47%
Salaries & Benefits
20%
Fees to Service Providers
18%
Grants
7%
Advertising & Promotion
5%
Offices, Occupancy & IT
3%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$500,000
$1,116,000
+123%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$467,347,022
$507,993,172
+9%
Membership Dues
$0
$0
-
Investments
$13,451,428
$11,921,705
-11%
Other
$1,741,632
$317,340
-82%
Total Revenues
$483,040,082
$521,348,217
+8%
Expenses
2023
2024
Change
Grants
$32,878,949
$43,264,315
+32%
Benefits to Members
$0
$0
-
Salaries & Benefits
$107,872,937
$113,002,505
+5%
Fees to Service Providers
$94,545,561
$103,191,191
+9%
Advertising & Promotion
$32,789,571
$27,283,713
-17%
Offices, Occupancy & IT
$14,739,931
$18,814,397
+28%
Interest
$0
$0
-
Depreciation
$1,531,859
$3,399,116
+122%
Other
$142,190,232
$269,309,820
+89%
Total Expenses
$426,549,040
$578,265,057
+36%
Net income
2023
2024
Change
Net income
+$56,491,042
-$56,916,840
-201%
Functional Expenses
Summary
2023
2024
Change
Program
$0
-
-
Admin
$0
-
-
Fundraising
$0
-
-
Total Expenses
$426,549,040
$578,265,057
+36%
Income Statement
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