Civic Intelligence

International Association of Color

EIN 52-1070715 • 501(c)6 • Washington, DC

Profile

To advance the interests of manufacturers, producers, and users in the color industry by demonstrating the safety of colors and promoting the industrys economic growth. International Association of Color Manufacturers (IACM) is the only association representing the interests of the color additives industry, both natural and synthetics, as well as the color user community, on the state, national and international levels. The Associations objectives include: - to protect and expand the worldwide use of colors. to search as a trusted resource to interact with regulatory bodies and global organizations. to enhance confidence in the safe use of color. to provide members with a central source of scientific and regulatory expertise. to advocate for global harmonization of standards and regulations.

1101 17th Street NW 700Washington, DC 20036

iacmcolor.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.77x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

0.65x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

18th percentile

-9.2%

Higher net margin than 18% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

12th percentile

-20%

Faster asset growth than 12% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

3.7%

Faster revenue growth than 47% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$420,077

Down $104,945 (-20%) from 2023

Liabilities

Down

$322,989

Down $59,236 (-15%) from 2023

Net Assets

Down

$97,088

Down $45,709 (-32%) from 2023

Revenue

Up

$493,544

Up $17,479 (+3.7%) from 2023

Expenses

Up

$538,917

Up $25,738 (+5.0%) from 2023

Net Income

Down

-$45,373

Down $8,259 (-22%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $172,547Liabilities 2011: $91,0452011Assets 2012: $220,602Liabilities 2012: $75,067Net Assets 2012: $145,5352012Assets 2013: $238,726Liabilities 2013: $92,491Net Assets 2013: $146,2352013Assets 2014: $394,799Liabilities 2014: $198,169Net Assets 2014: $196,6302014Assets 2015: $442,278Liabilities 2015: $239,267Net Assets 2015: $203,0112015Assets 2016: $460,115Liabilities 2016: $235,869Net Assets 2016: $224,2462016Assets 2017: $515,600Liabilities 2017: $244,789Net Assets 2017: $270,8112017Assets 2018: $489,548Liabilities 2018: $271,166Net Assets 2018: $218,3822018Assets 2019: $485,218Liabilities 2019: $250,484Net Assets 2019: $234,7342019Assets 2020: $540,461Liabilities 2020: $367,538Net Assets 2020: $172,9232020Assets 2021: $651,662Liabilities 2021: $444,738Net Assets 2021: $206,9242021Assets 2022: $668,867Liabilities 2022: $489,494Net Assets 2022: $179,3732022Assets 2023: $525,022Liabilities 2023: $382,225Net Assets 2023: $142,7972023Assets 2024: $420,077Liabilities 2024: $322,989Net Assets 2024: $97,0882024

Highlighted filing

2024

Assets$420,077
Liabilities$322,989
Net Assets$97,088

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $230,411Expenses 2011: $307,039Net Income 2011: -$76,6282011Expenses 2012: $289,5072012Revenue 2013: $338,868Expenses 2013: $338,168Net Income 2013: $7002013Revenue 2014: $491,858Expenses 2014: $441,463Net Income 2014: $50,3952014Revenue 2015: $608,875Expenses 2015: $602,494Net Income 2015: $6,3812015Revenue 2016: $608,215Expenses 2016: $586,980Net Income 2016: $21,2352016Revenue 2017: $610,290Expenses 2017: $563,923Net Income 2017: $46,3672017Revenue 2018: $651,238Expenses 2018: $703,459Net Income 2018: -$52,2212018Revenue 2019: $455,436Expenses 2019: $439,200Net Income 2019: $16,2362019Revenue 2020: $437,729Expenses 2020: $407,595Net Income 2020: $30,1342020Revenue 2021: $365,160Expenses 2021: $331,159Net Income 2021: $34,0012021Revenue 2022: $441,088Expenses 2022: $468,639Net Income 2022: -$27,5512022Revenue 2023: $476,065Expenses 2023: $513,179Net Income 2023: -$37,1142023Revenue 2024: $493,544Expenses 2024: $538,917Net Income 2024: -$45,3732024

Highlighted filing

2024

Revenue$493,544
Expenses$538,917
Net Income-$45,373

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$3.23$0.97$4.94$5.39$0.45
2023Detailed filing. Detailed filing data is available for this year.$5.25$3.82$1.43$4.76$5.13$0.37
2022Detailed filing. Detailed filing data is available for this year.$6.69$4.89$1.79$4.41$4.69$0.28
2021Detailed filing. Detailed filing data is available for this year.$6.52$4.45$2.07$3.65$3.31$0.34
2020Detailed filing. Detailed filing data is available for this year.$5.40$3.68$1.73$4.38$4.08$0.30
2019Detailed filing. Detailed filing data is available for this year.$4.85$2.50$2.35$4.55$4.39$0.16
2018Detailed filing. Detailed filing data is available for this year.$4.90$2.71$2.18$6.51$7.03$0.52
2017Detailed filing. Detailed filing data is available for this year.$5.16$2.45$2.71$6.10$5.64$0.46
2016Detailed filing. Detailed filing data is available for this year.$4.60$2.36$2.24$6.08$5.87$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.42$2.39$2.03$6.09$6.02$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.95$1.98$1.97$4.92$4.41$0.50
2013Detailed filing. Detailed filing data is available for this year.$2.39$0.92$1.46$3.39$3.38$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.75$1.46$2.90
2011Summary only. Only limited summary data is available for this year.$1.73$0.91$2.30$3.07$0.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$593,544
Mission and Program Overview

Mission

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. International association of color manufacturers (iacm) is the only assocation representing the interests of the color additives industry, both natural and synthetics, as well as the color user community, on the state, national and international levels. The association's objectives include:- to protect and expand the worldwide use of colors.- to serve as a trusted resource to interact with regulatory bodies and global organizations.- to enhance confidence in the safe use of color.- to provide members with a central source of scientific and regulatory expertise.- to advocate for global harmonization of standards and regulations.

To advance the interests of manufacturers, producers, and users in the color industry by demonstrating the safety of colors and promoting the industrys economic growth. International Association of Color Manufacturers (IACM) is the only association representing the interests of the color additives industry, both natural and synthetics, as well as the color user community, on the state, national and international levels. The Associations objectives include: - to protect and expand the worldwide use of colors. to search as a trusted resource to interact with regulatory bodies and global organizations. to enhance confidence in the safe use of color. to provide members with a central source of scientific and regulatory expertise. to advocate for global harmonization of standards and regulations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$283,067$173,498▼ $109,569
Savings and Temporary Cash Investments$15,820$127,152▲ $111,332
Investments Other Securities$200,538$100,202▼ $100,336
Accounts Receivable$16,203$18,225▲ $2,022
Intangible Assets$1,108$0▼ $1,108
Prepaid Expenses and Deferred Charges$8,286$1,000▼ $7,286
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$525,022$420,077▼ $104,945
Other Assets Total-$0-
Liabilities
Deferred Revenue$315,392$280,150▼ $35,242
Accounts Payable and Accrued Expenses$66,833$42,839▼ $23,994
Total Liabilities$382,225$322,989▼ $59,236
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$142,797$97,088▼ $45,709
Total Net Assets Fund Balance$142,797$97,088▼ $45,709
Total Liabilities and Net Assets / Fund Balance$525,022$420,077▼ $104,945
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sue Anne McAvoyPresident
Tammi HigginsVice President
Bobby GruberDirector
Emina GoodmanDirector
Rohit TibrewalaDirector
Travis SchmitDirector
Sarah CodreaExecutive Director
Alexa SmithSec/Treas

Highest Paid Contractors

ContractorServicesLocationCompensation
Verto Solutions LLCmanagement services1101 17th st nw suite 700, washington, DC 20036$362,553
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$482,037
Investment Income
$11,507
Other Revenue
$0
Change in Net Assets
$-45,373

Audited Revenue Reconciliation

Revenue per Audited Statements
$493,369
Revenue Not Reported on Financial Statements
$175
Revenue Not Reported on Form 990
$-336
Total Revenue per Audited Statements
$493,033
Total Revenue per Form 990
$493,544
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$538,917
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$352,163
Conferences and Meetings---$75,091
Fees for Services Legal---$39,703
Fees for Services Accounting---$18,451
Office Expenses---$4,508
Information Technology---$2,190
Insurance---$1,996
Depreciation Depletion---$1,108
Other Expenses---$247
Fees for Service Investment Mgmnt Fees---$175
Total Functional Expenses$0$0$0$538,917

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$538,917
Expenses per Audited Statements$538,742
Total Expenses per Audited Statements$538,742
Expenses Not Reported on Financial Statements$175
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Management company provides facilities, staffing, and other management services to the association.

Form 990, Part VI, Section A, Line 6

The association has active members, associate members and affiliate members. Active members of the association are companies or individuals who manufacture or market color. Associate members of the association are companies who use color additives in consumer products. Affiliate members are companies who do not actively manufacture or sell color additives, but are engaged in business in or related to the color additive industry.

Form 990, Part VI, Section B, Line 11B

Form 990 is shared via email with the board prior to filing. The director of finance and executive director review form 990 prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The association's conflict of interest policy includes formal policies and procedures on disclosing possible conflicts. Any potential conflicts are required to be disclosed in writing on an annual basis.

Form 990, Part VI, Section C, Line 19

Upon request from the public.

Filing and Contact Details

Filer

Filer Name
International Association of Color
EIN
52-1070715
Phone
2022935800
Address
1101 17TH STREET NW 700, WASHINGTON, DC 20036

Signing Officer

Name
Sarah Codrea
Title
Executive Director
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Lydon Fetterolf Corydon PA
Address
9401 Key West Avenue, Rockville, MD 20850
Preparer
Jeff Corydon IV CPA CFP
Phone
3019484400
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0To advance the interests of manufacturers, producers, and users in the color industry by demonstrating the safety of colors and promoting the industrys economic growth. International Association of Color Manufacturers (IACM) is the only association representing the interests of the color additives industry, both natural and synthetics, as well as the color user community, on the state, national and international levels. The Associations objectives include: - to protect and expand the worldwide use of colors. to search as a trusted resource to interact with regulatory bodies and global organizations. to enhance confidence in the safe use of color. to provide members with a central source of scientific and regulatory expertise. to advocate for global harmonization of standards and regulations.
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IRS990/OtherExpensesGrp/Desc0testing labratories
IRS990/OtherExpensesGrp/Desc1Bank fees
IRS990/OtherExpensesGrp/Desc2scholarships
IRS990/OtherExpensesGrp/Desc3publications & subscriptions
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0SARAH CODREA
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IRS990/ProgramServiceRevenueGrp/Desc0color studies project
IRS990/ProgramServiceRevenueGrp/Desc1meeting sponsorship
IRS990/ProgramServiceRevenueGrp/Desc2membership dues
IRS990/ProgramServiceRevenueGrp/Desc3registration income
IRS990/ProgramServiceRevenueGrp/Desc4state advocacy project
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114500
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt335569
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IRS990/ProgSrvcAccomActy2Grp/Desc0REGULATORY 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.
IRS990/ProgSrvcAccomActy3Grp/Desc0MEMBERSHIP AND MEETINGS: IACM HOSTS EVENTS FEATURING EXPERT SPEAKERS ON A VARIETY OF TOPICS IMPACTING THE COLOR INDUSTRY.
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IRS990ScheduleD/TotalRevenuePerForm990Amt0493544
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT COMPANY PROVIDES FACILITIES, STAFFING, AND OTHER MANAGEMENT SERVICES TO THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION HAS ACTIVE MEMBERS, ASSOCIATE MEMBERS AND AFFILIATE MEMBERS. ACTIVE MEMBERS OF THE ASSOCIATION ARE COMPANIES OR INDIVIDUALS WHO MANUFACTURE OR MARKET COLOR. ASSOCIATE MEMBERS OF THE ASSOCIATION ARE COMPANIES WHO USE COLOR ADDITIVES IN CONSUMER PRODUCTS. AFFILIATE MEMBERS ARE COMPANIES WHO DO NOT ACTIVELY MANUFACTURE OR SELL COLOR ADDITIVES, BUT ARE ENGAGED IN BUSINESS IN OR RELATED TO THE COLOR ADDITIVE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS SHARED VIA EMAIL WITH THE BOARD PRIOR TO FILING. THE DIRECTOR OF FINANCE AND EXECUTIVE DIRECTOR REVIEW FORM 990 PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION'S CONFLICT OF INTEREST POLICY INCLUDES FORMAL POLICIES AND PROCEDURES ON DISCLOSING POSSIBLE CONFLICTS. ANY POTENTIAL CONFLICTS ARE REQUIRED TO BE DISCLOSED IN WRITING ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST FROM THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/USAddress/AddressLine1Txt01101 17TH STREET NW 700
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH CODREA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERNATIONAL ASSOCIATION OF COLOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MANUFACTURERS INC
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0521070715
ReturnHeader/Filer/PhoneNum02022935800
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521185156
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lydon Fetterolf Corydon PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09401 Key West Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Rockville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020850
ReturnHeader/PreparerPersonGrp/PhoneNum03019484400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeff Corydon IV CPA CFP
ReturnHeader/ReturnTs02025-11-04T12:43:06-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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