National Pharmaceutical Council Inc

Organization Overview

National Pharmaceutical Council Inc is located in Washington, DC. The organization was established in 1955. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2023, National Pharmaceutical Council Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Pharmaceutical Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2023, National Pharmaceutical Council Inc generated $11.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $9.1m during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL PHARMACEUTICAL COUNCIL (NPC) IS A HEALTH POLICY RESEARCH ORGANIZATION DEDICATED TO THE ADVANCEMENT OF GOOD EVIDENCE AND SCIENCE, AND TO FOSTERING AN ENVIRONMENT IN THE UNITED STATES THAT SUPPORTS MEDICAL INNOVATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NPC FOCUSES ON RESEARCH DEVELOPMENT, INFORMATION DISSEMINATION, EDUCATION AND COMMUNICATION OF THE CRITICAL ISSUES OF EVIDENCE, INNOVATION AND THE VALUE OF MEDICINES FOR PATIENTS. ALL ACTIVITIES UNDERTAKEN BY NPC RELATED TO THESE FUNCTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Christine Marsh
Chair
$0
Christian Nguyen
Vice Chair And Treasurer
$0
Jim Curotto
Director
$0
Shontelle Dodson
Director
$0
Chris Compisi
Director
$0
Edward Feeley
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Real Chemistry
Research And Communications
$753,989
Project Hope
Research
$735,000
Tufts Medical Center
Research
$641,178
Iqvia Inc
Research
$528,550
Discern Llc
Research
$283,765
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$9,600,000
Investment income $588,056
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $766,641
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,954,709

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