INTERNATIONAL ASSOCIATION OF COLOR MANUFACTURERS INC

EIN: 521070715

WASHINGTON, DC

Total Revenue
$476,065
Total Expenses
$513,179
Total Assets
$525,022
Net Assets
$142,797
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
DC
Phone
2022935800
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF COLOR MANUFACTURERS INC, founded in 1972, is a small nonprofit that reported $476K in total revenue in fiscal year 2023.

Mission

To advance the interests of manufacturers, producers, and users in the color industry by demonstrating the safety of colors and promoting the industrys economic growth. International Association of Color Manufacturers (IACM) is the only association representing the interests of the color additives industry, both natural and synthetics, as well as the color user community, on the state, national and international levels. The Associations objectives include: - to protect and expand the worldwide use of colors. to search as a trusted resource to interact with regulatory bodies and global organizations. to enhance confidence in the safe use of color. to provide members with a central source of scientific and regulatory expertise. to advocate for global harmonization of standards and regulations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $475,987
Investment Income $78
Other Revenue $0
TOTAL REVENUE $476,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $513,179
TOTAL EXPENSES $513,179

Year-over-Year Comparison

2023 2022 Change
Revenue $476,065 $441,088 +0.1%
Expenses $513,179 $468,639 +0.1%
Net Income $-37,114 $-27,551 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sue Anne McAvoy President 4.00
Officer Director
$0 $0 $0
Tammi Higgins Vice President 2.00
Officer Director
$0 $0 $0
Bobby Gruber Sec/Treasurer 2.00
Officer Director
$0 $0 $0
Rohit Tibrewala Director 2.00
Director
$0 $0 $0
Travis Schmit Director 2.00
Director
$0 $0 $0
Alexa Smith Director 2.00
Director
$0 $0 $0
Emina Goodman Director 2.00
Director
$0 $0 $0
SARAH CODREA Executive Dir. 20.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $476,065 $513,179 $525,022 $-37,114
2022 $441,088 $468,639 $668,867 $-27,551
2021 $365,160 $331,159 $651,662 $34,001
2020 $437,729 $407,595 $540,461 $30,134
2019 $455,436 $439,200 $485,218 $16,236
2018 $651,238 $703,459 $489,548 $-52,221
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