Federation of State Medical Boards of the United States Inc
Euless, TX 76039 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $67,031,105 | $65,290,835 | $89,558,917 |
| FY2024 | $70,524,058 | $60,138,796 | $84,555,851 |
| FY2023 | $62,904,225 | $52,195,081 | $72,433,013 |
| FY2022 | $61,293,815 | $51,947,871 | $62,697,120 |
| FY2021 | $54,397,022 | $48,623,661 | $57,644,883 |
| FY2020 | $51,397,414 | $45,122,121 | $43,239,048 |
| FY2019 | $49,614,224 | $44,855,035 | $39,899,049 |
| FY2018 | $46,702,253 | $41,486,541 | $34,433,649 |
| FY2017 | $47,642,101 | $44,141,237 | $28,240,577 |
| FY2016 | $42,707,588 | $42,247,345 | $23,927,732 |
| FY2015 | $46,344,177 | $41,857,216 | $23,935,896 |
| FY2014 | $47,902,543 | $44,306,747 | $20,252,572 |
| FY2013 | $41,880,416 | $40,366,634 | $16,503,888 |
| FY2012 | $35,772,779 | $36,493,263 | $14,237,277 |
Form 990 filings
The returns filed by Federation of State Medical Boards of the United States Inc (EIN 75-1092490), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $436,862 | 1% |
| Program service revenue | $62,494,841 | 93% |
| Other revenue | $4,099,402 | 6% |
What the numbers show
- Program service revenue made up 93% of total revenue in FY2025.
- Net assets covered about 16.5 months of expenses at the end of the reporting year. That puts it in the 56th percentile among 276 Voluntary Health Associations & Medical Disciplines organizations in TX.
- Total revenue was higher than 99.3% of 284 Voluntary Health Associations & Medical Disciplines organizations in TX.
- Total revenue rose from $35,772,779 in FY2012 to $67,031,105 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2012).
- The highest revenue on record here is $70,524,058 in FY2024.
- Net assets grew from $14,237,277 to $89,558,917 between FY2012 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
LEADER IN MEDICAL REGULATION, SERVING AS AN INNOVATIVE CATALYST FOR EFFECTIVE POLICY & STANDARDS.
IRS status
| Ruling year | 2009 |
| Subsection | 501(c)(6) |
| Program area (NTEE) | G05 — Voluntary Health Associations & Medical Disciplines |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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