Rack Manufacturers Institute

CHARLOTTE, NC EIN: 25-1124213

RMI promotes the safe design and use of industrial storage racks through research testing preparation of specifications and guidelines educational programming and meetings.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$970K

-3.1% YoY

Revenue

$323K

+23.8% YoY

Net Investment Income

Expenses

$263K

+18.5% YoY

About Rack Manufacturers Institute

Based on IRS filings

Rack Manufacturers Institute is a nonprofit organization, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $970K in total assets.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Charlotte

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$107K$214K$321K$428K20202021202220232024
Metric202420232022
Total Assets$969,512$1,000,841$835,273
Revenue$322,971$260,945$330,045
Expenses$262,862$221,802$246,414
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$14K$21K$28K1 grants20201 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Paul NealPresident1
John SchmidtVice President1
Tommy SinclairSecretary1
Anna TeterTreasurer and Managing Executive1

Frequently Asked Questions

How large is Rack Manufacturers Institute?

As of 2024, Rack Manufacturers Institute holds $970K in total assets with $323K in annual revenue.

Where does Rack Manufacturers Institute operate?

Rack Manufacturers Institute has awarded grants in North Carolina.

What is Rack Manufacturers Institute's EIN?

Rack Manufacturers Institute's EIN (Employer Identification Number) is 25-1124213. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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