Project Management Institute Inc

Organization Overview

Project Management Institute Inc is located in Newtown Square, PA. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Project Management Institute Inc employed 724 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Project Management Institute 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, Project Management Institute Inc generated $392.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $361.0m during the year ending 12/2023. While expenses have increased by 10.1% 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.

Since 2015, Project Management Institute Inc has awarded 24 individual grants totaling $47,906,077. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

CERTIFICATIONS - IN AN INCREASINGLY PROJECTIZED WORLD, PMI PROFESSIONAL CERTIFICATION ENSURES PROFESSIONALS ARE READY TO MEET THE DEMANDS OF PROJECTS AND EMPLOYERS ACROSS THE GLOBE. RECOGNIZED BY ORGANIZATIONS AND GOVERNMENTS AROUND THE WORLD, PMI CERTIFICATIONS PROVIDE THE OPPORTUNITY FOR PROJECT MANAGEMENT PRACTITIONERS TO DEMONSTRATE THEIR ACCOMPLISHMENTS THROUGH THE RIGOROUS EXAMINATION PROCESS. DEVELOPED BY PRACTITIONERS FOR PRACTITIONERS, PMI CERTIFICATIONS ARE BASED ON RIGOROUS STANDARDS AND ONGOING RESEARCH TO MEET THE REAL-WORLD NEEDS OF ORGANIZATIONS. WITH A PMI CERTIFICATION, PROFESSIONAL CAN WORK IN VIRTUALLY ANY INDUSTRY, ANYWHERE IN THE WORLD, AND WITH ANY PROJECT MANAGEMENT METHODOLOGY. WHEREVER A PROFESSIONAL IS IN THEIR CAREER, PMI HAS A CERTIFICATION. PMI'S GLOBALLY RECOGNIZED PROJECT MANAGEMENT PROFESSIONAL (PMP) CERTIFICATION IS THE MOST COVETED PROJECT MANAGEMENT CERTIFICATION, WITH NEARLY 1.6 MILLION PMP CERTIFICATION HOLDERS AROUND THE WORLD AS OF DECEMBER 2023. PMI ALSO OFFERS OTHER SPECIFIC CERTIFICATIONS, INCLUDING THE PMI PROFESSIONAL IN BUSINESS ANALYSIS (PMI-PBA), PROGRAM MANAGEMENT PROFESSIONAL (PGMP), PORTFOLIO MANAGEMENT PROFESSIONAL (PFMP), PMI RISK MANAGEMENT PROFESSIONAL (PMI-RMP), AND PMI SCHEDULING PROFESSIONAL (PMI-SP). PMI ALSO CERTIFIES NEWER PROJECT MANAGEMENT PRACTITIONERS THROUGH ITS CERTIFIED ASSOCIATE IN PROJECT MANAGEMENT (CAPM) CERTIFICATION. OVERALL, PMI YIELDED MORE THAN 1.6 MILLION GROSS CERTIFICATIONS AS OF DECEMBER 2023.


MEMBERSHIP - PMI IS THE WORLD'S LEADING ASSOCIATION FOR THE PROJECT MANAGEMENT PROFESSION, WITH MORE THAN 707,000 TOTAL MEMBERS IN MORE THAN 215 COUNTRIES AND TERRITORIES. PMI WORKS IN NEARLY EVERY COUNTRY AROUND THE WORLD TO ADVANCE CAREERS, IMPROVE ORGANIZATIONAL SUCCESS AND FURTHER MATURE THE PROJECT MANAGEMENT PROFESSION. MEMBERS HAVE ACCESS TO GLOBALLY-RECOGNIZED STANDARDS AND CERTIFICATIONS, COMMUNITIES, RESOURCES, TOOLS, ACADEMIC RESEARCH, EVENTS, PUBLICATIONS, PROFESSIONAL DEVELOPMENT COURSES, AND NETWORKING OPPORTUNITIES. ADDITIONALLY, MEMBERS RECEIVE DISCOUNTS ON PMI CREDENTIAL EXAMS AND CERTIFICATION RENEWAL FEES.


EVENTS AND SEMINARS - PMI HOSTS NUMEROUS TYPES OF EVENTS TO BRING TOGETHER PRACTITIONERS FROM AROUND THE WORLD TO NETWORK AND ENHANCE THEIR KNOWLEDGE OF PROJECT MANAGEMENT. THIS INCLUDES ANNUAL CONGRESSES IN EUROPE, AFRICA AND THE MIDDLE EAST (EMEA); SMALLER REGIONAL EVENTS IN ASIA PACIFIC AND LATIN AMERICAN; AS WELL AS REGULAR IN-DEPTH SEMINARS CALLED SEMINARSWORLD. AT PMIS ANNUAL GLOBAL CONFERENCE IN NORTH AMERICA, THOUSANDS OF PROJECT AND PROGRAM MANAGERS, CHAPTER LEADERS, AND BUSINESS PROFESSIONALS FROM AROUND THE WORLD COME TOGETHER TO SHARE KNOWLEDGE, STRENGTHEN COMMUNITY AND LEAD THE EVOLUTION OF THE PROJECT MANAGEMENT PROFESSION. ADDITIONALLY, PMI ANNUALLY HOSTS ITS PMO SYMPOSIUM, A MUST-ATTEND EVENT FOR PROGRAM, PORTFOLIO, PMO AND ORGANIZATIONAL PROJECT MANAGEMENT LEADERS RESPONSIBLE FOR THE SUCCESS OF THEIR ORGANIZATION'S KEY INITIATIVES. THE THREE-DAY EVENT SYMPOSIUM PROVIDES ATTENDEES WITH ACCESS TO PMO EXPERTS SO THAT THEY CAN LEARN, NETWORK, AND GAIN PRACTICAL, REAL-WORLD EXPERTISE TO TAKE THEIR PMOS TO THE NEXT LEVEL.


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Board, Officers & Key Employees

Name (title)Compensation
Pierre Le Manh
President & CEO
$1,001,656
Joseph J Cahill
Former Key Employee
$742,316
David L Garrett
Chief Strategy & Growth Office
$466,213
Yong Tao Chen
Managing Director, China
$0
Mark Broome
Chief Product Officer
$442,705
Dorothy Mckelvy
Vp, Global Talent
$413,316

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ncs Pearson Inc
Exam Administration
$16,839,428
Fidelity Investments
Investment Services
$10,020,155
Ata Online Beijing Technology Co
Exam Administration
$11,941,038
Virtusa Corporation
Engineering/tech
$7,306,443
Microsoft Corporation
Technology Services
$6,915,517
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$352,620,939
Investment income $19,403,848
Tax Exempt Bond Proceeds $0
Royalties $834,109
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,433,407
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $3,130,630
Miscellaneous Revenue$0
Total Revenue $391,998,745

Grants Awarded

Over the last fiscal year, Project Management Institute Inc has awarded $6,591,628 in support to 4 organizations.

Grant RecipientAmount

PMI EDUCATIONAL FOUNDATION

PURPOSE: GEN. SUPPORT

$6,571,670

PMI - CALUMET CHAPTER

PURPOSE: Chapter Grant

$9,208

PMI - OKLAHOMA CITY CHAPTER

PURPOSE: Chapter Grant

$5,500

PMI - PUERTO RICO CHAPTER

PURPOSE: Chapter Grant

$5,250
View Grant Profile

Peer Organizations

Organization NameAssets
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Rockville, MD
$1,039,482,542
Project Management Institute Inc
Newtown Square, PA
$391,998,745
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$101,349,076
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$99,506,046
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$66,998,440
Association Of National Advertisers Inc
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$60,947,249
International Council Of Shopping Centers Inc
New York, NY
$58,353,418
Mexican Haas Avocado Importers Association
Fallston, MD
$51,709,910
Housing Works Inc
Brooklyn, NY
$44,767,060
Global Associations Of Risk Proffesionals Inc
Jersey City, NJ
$42,600,268
Natural Diamond Council Usa Inc
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$35,245,477
Broadway Cares-Equity Fights Aids Inc
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$24,900,477
Workers Compensation Security Fund
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$33,543,502
Mechanical Contractors Association Of America Inc
Rockville, MD
$26,847,448
Institute Of Management Accountants Inc
Montvale, NJ
$22,842,202
Regional Industrial Development Corporation Of Sw Pa
Pittsburgh, PA
$22,677,325
Auto Care Association
Bethesda, MD
$19,420,739
Association For Financial Professionals Inc
Bethesda, MD
$20,420,491
International Trademark Association Inc
New York, NY
$17,287,313
Northeast Power Coordinating Council Inc
New York, NY
$19,972,811
International Masonry Institute
Bowie, MD
$19,306,018
American Association Of Advertising Agencies Inc
New York, NY
$18,201,629
The Toy Association Inc
New York, NY
$23,965,719

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