Catalyst
Catalyst reported $15.5 million in revenue and $21.6 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $68.99 went to program services, $19.36 to management and general costs and $11.65 to fundraising. Its largest source of revenue was contributions and grants: 67.4% of the total. The highest compensation it reported for one person was $671,117 (PRESIDENT & CEO). 51 people received more than $100,000 in reportable compensation. Revenue fell 43% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $22MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $16M- Contributions & grants (non-government)$67.31 $10M
- Program service revenue$20.77 $3.2M
- Investment income$11.92 $1.9M
Other revenue was negative: −$10,417. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.0% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.4% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 11.6% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.24 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 67.4% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 20.8% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $671,117 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.10% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 51 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.0 | 6.8 |
| Independent voting board members Part VI 1a–1b | 37 of 38 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseResearch the research team conducts applied research to promote gender, racial and ethnic inclusion in workplaces around the world. This research culminates in published studies that include findings from interviews, focus groups and surveys, as well as company best practices and recommendations for companies and firms creating equitable and inclusive workplaces for women and men. Catalyst conducts research globally and has produced reports specific to the united states, canada, europe, and australia
The global marketing and communications ("gmc") the gmc team shapes, enhances, and elevates the catalyst brand, mission, and values to supporters and the general public through the creation and promotion of catalyst products, events, and services. Gmc is responsible for creating, launching, and promoting catalyst content; managing social media; developing policy messaging; producing public campaigns; planning and executing in-person and virtual events; and expanding the catalyst digital footprint
National education national education fosters awareness and informs decision makers of the changing role and needs of women in the workplace by promoting catalyst's mission of advancing women in business and the professions, catalyst's research, and services. National education also includes the execution of strategic plans to expand the reach of catalyst's mission in the north american, european and asian business communities
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 40.00 hrs/week | $658,774 | $0 | $12,343 | $671,117 |
| PRESIDENT & CEO (FORMER) Director/trustee, officer, 0.00 hrs/week | $533,912 | $0 | $35,760 | $569,672 |
| CHIEF OPERATING OFFICER Officer, 35.00 hrs/week | $357,955 | $0 | $85,671 | $443,626 |
| CHIEF REVENUE OFFICER Officer, 35.00 hrs/week | $315,636 | $0 | $82,927 | $398,563 |
| CHIEF RESEARCH & DEVELOPMENT Officer, 35.00 hrs/week | $362,413 | $0 | $25,978 | $388,391 |
| SVP, GLOBAL CORP. SERV. & COMMUNITY Highest compensated employee, 35.00 hrs/week | $283,324 | $0 | $53,186 | $336,510 |
| VP, INFORMATION TECHNOLOGY Highest compensated employee, 35.00 hrs/week | $218,322 | $0 | $54,307 | $272,629 |
| SVP, PEOPLE & CULTURE Highest compensated employee, 35.00 hrs/week | $234,955 | $0 | $24,186 | $259,141 |
51 people received more than $100,000 in reportable compensation from Catalyst (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b38 · 37 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5113
- Volunteers Part I, line 637
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| MMG EARTH LLC Website development | $470,000 |
| SOLNSOFT LLC XCENTIUM Website development | $433,039 |
| ALCHEMER LLC Surveys and data collection services | $150,365 |
| NICOLE FAULISE Professional services | $130,720 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to Catalyst totaling $416K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Catalyst's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Catalyst, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Catalyst spent in FY2025, $68.99 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Illinois Equal Justice FoundationChicago, IL · revenue $16M · programs 98.1% · FY2025
- Iowa PBS FoundationJohnston, IA · revenue $16M · programs 58.2% · FY2025
- Murphy-Harpst Children's CentersCedartown, GA · revenue $16M · programs 83.0% · FY2025
- Tikvah-Etta and Lazear Israel Center for the Developmentally DisabledNorth Hollywood, CA · revenue $16M · programs 83.3% · FY2025
- Guide Dog Foundation for the BlindSmithtown, NY · revenue $16M · programs 84.2% · FY2025
Questions people ask
How much of Catalyst's spending goes to programs?
In the fiscal year ending August 31, 2025, Catalyst reported that 69.0% of its $21.6 million in expenses went to program services, 19.4% to management and general and 11.6% to fundraising (Form 990, Part IX).
How much does Catalyst pay its top executive?
The largest total compensation Catalyst reported for one person in the fiscal year ending August 31, 2025 was $671,117, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Catalyst get its money?
Of $15.5 million in revenue in the fiscal year ending August 31, 2025, 67.4% came from contributions and grants and 20.8% from program service revenue (Form 990, Part VIII).
Is Catalyst a registered charity?
The IRS lists EIN 13-1992402 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202621549349300917 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202541609349300874 · read the filing
- FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202411499349300241 · read the filing
- FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202321599349300227 · read the filing
- FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202231439349300038 · read the filing
- FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202141209349300014 · read the filing
All filings for EIN 13-1992402: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.