Gemological Institute of America
Gemological Institute of America reported $274.4 million in revenue and $275.3 million in expenses for calendar year 2024. Of every $100 it spent, $84.99 went to program services, $15.00 to management and general costs and $0.01 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 39.8% of the total. The highest compensation it reported for one person was $828,893 (VP & CISO). 331 people received more than $100,000 in reportable compensation. Revenue rose 5% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $275MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $274MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 39.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $828,893 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.30% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 331 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 29.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 15 of 18 | 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
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · 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 |
|---|---|---|---|---|
| VP & CISO Highest compensated employee, 40.00 hrs/week | $789,597 | $0 | $39,296 | $828,893 |
| PRESIDENT/CEO Director/trustee, officer, 39.00 hrs/week | $688,378 | $0 | $61,077 | $749,455 |
| EXECUTIVE VP Director/trustee, officer, 39.00 hrs/week | $631,504 | $0 | $56,324 | $687,828 |
| SVP & CHIEF PEOPLE OFFICER Key employee, 40.00 hrs/week | $352,427 | $0 | $230,407 | $582,834 |
| SVP & CFO Officer, 39.00 hrs/week | $476,457 | $0 | $57,074 | $533,531 |
| SVP & COO Key employee, 40.00 hrs/week | $438,366 | $0 | $68,251 | $506,617 |
| VP, PRODUCT MANAGEMENT Highest compensated employee, 40.00 hrs/week | $385,611 | $0 | $39,784 | $425,395 |
| VP & CIO Former, 40.00 hrs/week | $403,635 | $0 | $10,500 | $414,135 |
331 people received more than $100,000 in reportable compensation from Gemological Institute of America (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.6M (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
2024 · 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–1b18 · 15 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 14bYes
- Employees Part I, line 51,207
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| GIA HONG KONG LABORATORY LIMITED Grading services | $17,838,289 |
| GIA LABORATORY DMCC Grading services | $12,516,799 |
| TATA CONSULTANCY SERVICES LIMITED It services | $7,054,692 |
| DLA PIPER LLP US Legal services | $3,868,433 |
| ORACLE AMERICA INC It services | $3,208,517 |
Individuals listed as contractors are left out. 109 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Gemological Institute of America totaling $9,050 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 Gemological Institute of America's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Gemological Institute of America, you can publish a response that is linked from this page.
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Of every $100 Gemological Institute of America spent in 2024, $84.99 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Bryn Mawr CollegeBryn Mawr, PA · revenue $274M · programs 76.9% · FY2025
- Delaware State UniversityDover, DE · revenue $275M · programs 54.3% · FY2025
- OclcDublin, OH · revenue $273M · programs 89.9% · FY2025
- Claremont McKenna CollegeClaremont, CA · revenue $276M · programs 79.4% · FY2025
- Oklahoma State University FoundationStillwater, OK · revenue $273M · programs 80.2% · FY2025
Questions people ask
How much of Gemological Institute of America's spending goes to programs?
In calendar year 2024, Gemological Institute of America reported that 85.0% of its $275.3 million in expenses went to program services, 15.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Gemological Institute of America pay its top executive?
The largest total compensation Gemological Institute of America reported for one person in calendar year 2024 was $828,893, for the role of VP & CISO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Gemological Institute of America get its money?
Of $274.4 million in revenue in calendar year 2024, 0.4% came from contributions and grants and 39.8% from program service revenue (Form 990, Part VIII).
Is Gemological Institute of America a registered charity?
The IRS lists EIN 95-3797687 as a 501(c)(3) organization (school), 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
- 2024: Form 990 for calendar year 2024, object 202513219349326581 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349314533 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349309042 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349326259 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113199349321881 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013219349308066 · read the filing
All filings for EIN 95-3797687: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.