Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 1,941,201 | 1,747,229 | 2,830,002 | 3,547,665 | 3,727,997 | 13,794,094 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 427,464,063 | 443,118,549 | 520,256,174 | 565,084,946 | 624,248,709 | 2,580,172,441 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 0 | |||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | 0 | |||||
| 6 | Total. Add lines 1 through 5 | 429,405,264 | 444,865,778 | 523,086,176 | 568,632,611 | 627,976,706 | 2,593,966,535 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | 0 | 0 | 0 | 0 | 0 |
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 64,148,435 | 79,588,742 | 96,281,505 | 105,001,389 | 113,872,452 | 458,892,523 |
| c | Add lines 7a and 7b.. | 64,148,435 | 79,588,742 | 96,281,505 | 105,001,389 | 113,872,452 | 458,892,523 |
| 8 | Public support. (Subtract line 7c from line 6.) | 2,135,074,012 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 429,405,264 | 444,865,778 | 523,086,176 | 568,632,611 | 627,976,706 | 2,593,966,535 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 26,664,112 | 30,291,393 | 28,839,661 | 36,464,174 | 42,797,225 | 165,056,565 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 0 | |||||
| c | Add lines 10a and 10b. | 26,664,112 | 30,291,393 | 28,839,661 | 36,464,174 | 42,797,225 | 165,056,565 |
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | 0 | |||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 456,069,376 | 475,157,171 | 551,925,837 | 605,096,785 | 670,773,931 | 2,759,023,100 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 4a-4c Description of program services | (Expenses $ 53,451,655 including grants of $)(Revenue $ 46,384,067) Standards: IEEE's standards development process brings together experts from around the world to help drive the functionality, capabilities, and interoperability of a wide range of products and services that transform the way people live, work, and communicate. In 2024 the IEEE Standards Association approved 186 new standards for publication to help ensure scientific integrity for the public. In 2024, IEEE Standards Association earned accreditation from the Standards Council of Canada, initiating a collaboration to deliver global standards in Canada. IEEE continued to grow its collection of standards geared towards sustainability, climate technology, and overall social responsibility solutions: IEEE Standards and Sustainability Hub: The IEEE Standards Association has a growing portfolio of standards and related programs where experts from around the world contribute their insights and expertise to help develop solutions for critical sustainability issues the planet faces today. In 2024, standards published in this area included: A. 1680 2-2024 IEEE Standard for Environmental Assessment of Imaging Equipment B. 1680 3-2024 IEEE Standard for Environmental Assessment of Televisions C. 2783-2023 IEEE Guide for the Application of Quick Response Systems of Customer-Side Loads in Modern Power Grids D. 3821-2024 IEEE Standard for Framework of Digital Intelligent Comprehensive Energy Service Station Management Systems IEEE makes selected Standards available free of charge through the IEEE Global Engineering Technology (GET) Program, which aims to expand the global reach of technical knowledge developed by industry, accelerate adoption of IEEE standards, contribute to an open knowledge community, promulgate open information exchange to foster innovation, and connect IEEE with the development of world-changing technologies for the benefit of humanity. Key areas of focus include wireless technology, AI ethics and governance, design automation, and environmental assessment. |
| Form 990, Part VI, Line 4 Significant changes to organizational documents | IEEE bylaws were amended to (i) to designate an Executive Committee, appointed by the Board of Directors, to exercise the power of the Board of Directors when it is not feasible for the Board to meet or with respect to certain delegated matters; (ii) clarify the minimum signatures required to qualify as a petition candidate in IEEE elections; and (iii) to clarify qualifying travel expense reimbursement for the IEEE President. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | IEEE has a total of 486,616 members in over 190 countries around the world. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | Voting members of IEEE elect the directors of IEEE. Voting members are those members of Member grade or above, including Graduate Student Members, as defined in the bylaws. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | Amendments to the Constitution are subject to approval by the voting members of the organization. Voting members are those members of Member grade or above, including Graduate Student Members, as defined in the bylaws. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | IEEE has an extensive review process that is completed before the Form 990 is filed with the IRS. The return is first reviewed by the Executive Director, Past President, Treasurer, Past Treasurer, and the CFO/Assistant Treasurer, before being presented to the Audit Committee, which consists of members of the IEEE Board of Directors. The return is posted to the IEEE Board of Directors secure portal for board members to review prior to filing with the IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | IEEE requires that officers and directors submit conflict of interest disclosure forms which are reviewed for potential conflict of interest. All IEEE employees are required to complete conflicts of interest training and those with authority to make financial expenditures are required to submit a disclosure form. An officer or director who does not complete the required conflict of interest disclosure form is removed from service on the committee or board. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The IEEE Board of Directors engaged an independent compensation consultant to provide IEEE with market comparability data and a reasonableness opinion with respect to compensation paid to disqualified persons as defined under Section 4958 of the Internal Revenue Code of 1986, to enable IEEE to establish a rebuttable presumption of reasonableness under Section 4958. A committee consisting of the IEEE President, the IEEE Past President, and the IEEE President-Elect (the Executive Performance and Compensation Committee "EPCC"), advised by external legal counsel, is charged with evaluating the reasonableness of and making a recommendation to the Board for the total compensation package of the IEEE Executive Director, who also serves as the organization's Chief Operating Officer ("ED & COO"). A committee of Independent Board members and non-Board members (the IEEE "Employee Benefits & Compensation Committee "EBCC"), advised by external legal counsel, is charged with evaluating the reasonableness of the total compensation packages of the other officers and key employees who constitute IEEE's disqualified persons, including the Chief Financial Officer, Staff Executive, Managing Directors, Chief Information Officer, Chief Marketing Officer, and General Counsel and Chief Compliance Officer. A subcommittee of EBCC members who are IEEE Board members are responsible for approval of the compensation of disqualified persons (other than the ED & COO); those EBCC members who are not members of the board may opine on, but do not vote to approve, the compensation. The two Committees review individual and market data, deliberate, and document in contemporaneous minutes their decisions about what level of compensation is reasonable. The independent Compensation Consultant provides an opinion letter to IEEE confirming their professional opinion regarding the reasonableness of the approved compensation. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | See Part VI, Line 15a. |
| Form 990, Part VI, Line 19 Required documents available to the public | The IEEE Governing documents, conflict of interest policy, and financial statements are available on the IEEE website and to the public upon request. |
| Form 990, Part IX, Line 11g Other Fees | Consultants (Programs, G&A) - Total Expense: 23886095, Program Service Expense: 22085030, Management and General Expenses: 1716589, Fundraising Expenses: 84476; Consultants (Programs, Events) - Total Expense: 5435386, Program Service Expense: 5407701, Management and General Expenses: , Fundraising Expenses: 27685; Management Services - Total Expense: 12009537, Program Service Expense: 12009537, Management and General Expenses: , Fundraising Expenses: ; Temporary Agency Personnel - Total Expense: 16427729, Program Service Expense: 16107561, Management and General Expenses: 319993, Fundraising Expenses: 175; Intercompany Services Expense - Total Expense: 9190799, Program Service Expense: 9190799, Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | PENSION ADJUSTMENT - 222832; Total - 222832; |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |