International Association Of Color Manufacturers Inc

Organization Overview

International Association Of Color Manufacturers Inc is located in Washington, DC. The organization was established in 1978. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Color Manufacturers 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 12/2022, International Association Of Color Manufacturers Inc generated $441.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $468.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE THE INTERESTS OF MANUFACTURERS, PRODUCERS, AND USERS IN THE COLOR INDUSTRY BY DEMONSTRATING THE SAFETY OF COLORS AND PROMOTING THE INDUSTRY'S ECONOMIC GROWTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCIENTIFIC AND COLOR STUDIES: IACM CONDUCTS STUDIES IN RESPONSE TO REGULATORY AUTHORITY REQUESTS FOR DATA TO SUPPORT COLORS AND ALSO PREPARE DOSSIERS IN SUPPORT OF THE REVIEW AND APPROVAL OF NEW COLORS AS SAFE BY KEY GLOBAL AUTHORITIES.


REGULATORY AND COMMUNICATIONS: IACM CONTINUES TO ATTEND THE CODEX COMMITTEE ON FOOD ADDITIVES MEETING AND SPENDS SIGNIFICANT TIME THROUGHOUT THE YEAR COLLECTING INFORMATION TO SUPPORT THE SAFE USE OF COLORS GLOBALLY FOR CONSIDERATION AND ADOPTION AT EACH YEAR'S MEETING.


MEMBERSHIP AND MEETINGS: IACM HOSTS EVENTS FEATURING EXPERT SPEAKERS ON A VARIETY OF TOPICS IMPACTING THE COLOR INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Bobby Gruber
President
$0
Sue Ann Mcavoy
Vice President
$0
Tammi Higgins
Secretary/treasurer
$0
Travis Schmit
Director
$0
Rohit Tibrewala
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bioreliance Corporation
Lab Fees/research
$119,040
Verto Solutions Llc
Management
$296,317
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$441,043
Investment income $45
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $441,088

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