Packaging Machinery Manufacturers Institute Inc
Packaging Machinery Manufacturers Institute Inc maintains strong financial health with consistent revenue growth and no reported officer compensation.
EIN: 131142150 · Herndon, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $101.4M |
| Total Expenses | $70.1M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $51.5M |
| Transparency Score | 85/100 |
Is Packaging Machinery Manufacturers Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Packaging Machinery Manufacturers Institute Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Packaging Machinery Manufacturers Institute Inc
Packaging Machinery Manufacturers Institute Inc (EIN: 131142150) is a nonprofit organization based in Herndon, VA. The organization reported total revenue of $101.4M and total assets of $102.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Packaging Machinery Manufacturers Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Packaging Machinery Manufacturers Institute Inc is a major nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71.4M |
| Total Expenses | $70.1M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $88.4M |
| Total Liabilities | $36.8M |
| Net Assets | $51.5M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 41.7% |
| Months of Reserves | 15.1 months |
Financial Health Grade: A
In 2023, Packaging Machinery Manufacturers Institute Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 41.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Packaging Machinery Manufacturers Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.4% | -12.9% | +7.2% |
| 2022 | +44.7% | +36.7% | +14.7% |
| 2021 | +48.4% | +44.6% | +9.0% |
| 2020 | -28.8% | -35.0% | +5.9% |
| 2019 | -24.6% | -14.6% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Packaging Machinery Manufacturers Institute Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Packaging Machinery Manufacturers Institute Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, suggesting that executive leadership is either unpaid or compensated in a manner not classified as officer compensation, which is unusual for an organization of this size with over $100 million in revenue and assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Packaging Machinery Manufacturers Institute Inc's IRS 990 filings:
- Lack of detailed program, administrative, and fundraising expense breakdown in provided data
- Consistent 0% officer compensation reported for an organization of this size, which may obscure actual executive remuneration if categorized differently.
Strengths
The following positive indicators were identified for Packaging Machinery Manufacturers Institute Inc:
- Strong and consistent revenue generation, with latest revenue at $101,447,151.
- Healthy asset growth, from $50,691,417 in 2015 to $102,021,751 currently.
- Consistent operational surplus, with revenues generally exceeding expenses.
- Low liabilities relative to assets, indicating good financial stability.
Frequently Asked Questions about Packaging Machinery Manufacturers Institute Inc
Is Packaging Machinery Manufacturers Institute Inc a legitimate charity?
Packaging Machinery Manufacturers Institute Inc (EIN: 131142150) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $101.4M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Packaging Machinery Manufacturers Institute Inc spend its money?
Packaging Machinery Manufacturers Institute Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Packaging Machinery Manufacturers Institute Inc tax-deductible?
Packaging Machinery Manufacturers Institute Inc is registered as a tax-exempt nonprofit (EIN: 131142150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Packaging Machinery Manufacturers Institute Inc CEO make?
Packaging Machinery Manufacturers Institute Inc's highest-compensated officer earns $100 annually. The organization reported $101.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Packaging Machinery Manufacturers Institute Inc's spending goes to programs?
Packaging Machinery Manufacturers Institute Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Packaging Machinery Manufacturers Institute Inc located?
Packaging Machinery Manufacturers Institute Inc is headquartered in Herndon, Virginia and files with the IRS under EIN 131142150.
How many years of IRS 990 filings does Packaging Machinery Manufacturers Institute Inc have?
Packaging Machinery Manufacturers Institute Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $101.4M in total revenue.
Is Packaging Machinery Manufacturers Institute Inc a good charity?
Based on its strong financial health, consistent revenue generation, and growth in assets, PMMI appears to be a well-managed organization. However, without detailed program spending ratios and clarity on executive compensation beyond the 0% reported, a full assessment of its charitable effectiveness is limited.
How does PMMI manage its executive compensation?
PMMI consistently reports 0% officer compensation on its IRS 990 filings. This suggests that either the officers are volunteers, or their compensation is categorized differently within the financial statements, which would require a deeper dive into the full 990 forms to understand.
What is the trend in PMMI's financial growth?
PMMI has shown significant financial growth, with assets increasing from $50,691,417 in 2015 to $102,021,751 currently, and revenue fluctuating but generally strong, reaching over $100 million in its latest reported period.
Filing History
IRS 990 filing history for Packaging Machinery Manufacturers Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Packaging Machinery Manufacturers Institute Inc's revenue has grown by 178.9%, moving from $25.6M to $71.4M. Total assets increased by 234.7% over the same period, from $26.4M to $88.4M. Total functional expenses rose by 145.4%, from $28.6M to $70.1M. In its most recent filing year (2023), Packaging Machinery Manufacturers Institute Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $36.8M in liabilities against $88.4M in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $51.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71.4M | $70.1M | $88.4M | $36.8M | — | — |
| 2022 | $90.8M | $80.5M | $82.4M | $34.3M | — | View 990 |
| 2021 | $62.7M | $58.9M | $71.9M | $25.8M | — | View 990 |
| 2020 | $42.3M | $40.7M | $65.9M | $24.9M | — | View 990 |
| 2019 | $59.3M | $62.6M | $62.3M | $28.4M | — | — |
| 2018 | $78.7M | $73.3M | $62.3M | $29.5M | — | View 990 |
| 2017 | $58.8M | $60.1M | $53.9M | $23.8M | — | — |
| 2016 | $69.0M | $64.3M | $63.5M | $34.2M | — | View 990 |
| 2015 | $51.4M | $54.4M | $50.7M | $26.6M | — | View 990 |
| 2014 | $51.5M | $49.0M | $53.9M | $27.2M | — | View 990 |
| 2013 | $30.9M | $32.6M | $36.4M | $12.4M | — | View 990 |
| 2012 | $45.0M | $40.7M | $37.0M | $14.9M | — | View 990 |
| 2011 | $25.6M | $28.6M | $26.4M | $10.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71.4M, expenses of $70.1M, and assets of $88.4M (revenue -21.4% year-over-year).
- 2022: Revenue of $90.8M, expenses of $80.5M, and assets of $82.4M (revenue +44.7% year-over-year).
- 2021: Revenue of $62.7M, expenses of $58.9M, and assets of $71.9M (revenue +48.4% year-over-year).
- 2020: Revenue of $42.3M, expenses of $40.7M, and assets of $65.9M (revenue -28.8% year-over-year).
- 2019: Revenue of $59.3M, expenses of $62.6M, and assets of $62.3M (revenue -24.6% year-over-year).
- 2018: Revenue of $78.7M, expenses of $73.3M, and assets of $62.3M (revenue +34.0% year-over-year).
- 2017: Revenue of $58.8M, expenses of $60.1M, and assets of $53.9M (revenue -14.8% year-over-year).
- 2016: Revenue of $69.0M, expenses of $64.3M, and assets of $63.5M (revenue +34.1% year-over-year).
- 2015: Revenue of $51.4M, expenses of $54.4M, and assets of $50.7M (revenue -0.2% year-over-year).
- 2014: Revenue of $51.5M, expenses of $49.0M, and assets of $53.9M (revenue +66.6% year-over-year).
- 2013: Revenue of $30.9M, expenses of $32.6M, and assets of $36.4M (revenue -31.3% year-over-year).
- 2012: Revenue of $45.0M, expenses of $40.7M, and assets of $37.0M (revenue +76.0% year-over-year).
- 2011: Revenue of $25.6M, expenses of $28.6M, and assets of $26.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Packaging Machinery Manufacturers Institute Inc:
Data Sources and Methodology
This transparency report for Packaging Machinery Manufacturers Institute Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.