Methanol Institute

Organization Overview

Methanol Institute is located in Alexandria, VA. The organization was established in 1990. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2023, Methanol Institute employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methanol Institute 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, Methanol Institute generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $3.1m during the year ending 12/2023. While expenses have increased by 2.9% 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

SEE PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GOVERNMENT/INDUSTRY EDUCATION PROGRAM EDUCATES AND PROVIDES INFORMATION TO GOVERNMENT OFFICIALS CONCERNING THE METHANOL INDUSTRY.


TECHNICAL STUDIES AND GRANTS ARE CONDUCTED REGARDING ENVIRONMENTAL, HEALTH, SAFETY, ECONOMIC, AND GOVERNMENTAL ISSUES RELATED TO METHANOL.


MEETINGS AND CONFERENCES ARE HELD TO PROVIDE OPPORTUNITIES FOR MEMBERS AND OTHERS TO INTERACT ON ISSUES OF CONCERN TO THE METHANOL INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Anita Gajadhar
Chair
$0
Abdullah Khalid Al-Anazi
Vice Chair
$0
Deepak Devendrappa
Treasurer
$0
M Nizam B M Yusof
Secretary
$0
Bowen Xu
Director
$0
Peter Schild
Director
$0

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$2,985,416
Investment income $20,941
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 $3,006,360

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