Nonprofit · EIN 90-0754895
DUMAC INC
Tax-exempt · DURHAM, NC 27701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $31,760,785 | $32,215,580 | -$454,795 | $33,308,088 | $27,143,949 | $6,164,139 |
| June 30, 2024 | 990 | $33,656,703 | $34,073,354 | -$416,651 | $27,021,442 | $20,674,814 | $6,346,628 |
| June 30, 2023 | 990 | $29,420,671 | $29,322,167 | $98,504 | $28,553,839 | $21,730,304 | $6,823,535 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $31,353,609
- Investment income
- $407,176
- Net gain from sales of assets
- $316,508
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $6,302,346
- Salaries, compensation and benefits (total)
- $6,302,346
- Professional fundraising fees
- $0
- Legal fees
- $785,680
- Accounting fees
- $48,200
- Occupancy
- $1,302,126
- Travel
- $521,387
- Depreciation
- $268,800
- Program services (functional)
- $30,423,219
- Management and general (functional)
- $1,792,361
Balance sheet and other
- Total assets, start of year
- $27,021,442
- Total assets, end of year
- $33,308,088
- Total liabilities, end of year
- $27,143,949
- Net assets, end of year
- $6,164,139
- Land, buildings and equipment
- $1,108,186
- Publicly traded securities
- $2,214,058
- Net assets without donor restrictions
- $6,164,139
- Gross receipts
- $31,760,785
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2011
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NEAL F TRIPLETT | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.1 | $0 | $4,885,718 | $127,007 |
| VINCENT E PRICE | DIRECTOR Trustee or director | 0.1 | $0 | $2,137,417 | $62,628 |
| ANIL MADHOK | PART YEAR TREASURER Officer | 0.1 | $0 | $1,735,119 | $329,155 |
| DANIEL G ENNIS | DIRECTOR Trustee or director | 0.1 | $0 | $1,464,086 | $73,368 |
| WILLIAM BOULDING | PART YEAR TREASURER Officer | 0.1 | $0 | $874,117 | $59,578 |
| ROBERT MCGRAIL | SECRETARY Officer | 0.1 | $0 | $675,499 | $99,754 |
| KEVIN A BAGGETT MD | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| T RITSON FERGUSON III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CYNTHIA L MEYN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| THRUSTON B MORTON III | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| JAMES C ZELTER | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| ASHOK VARADHAN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| ADAM SILVER | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| RYAN A TALKIN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NEAL F TRIPLETT | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.1 | $0 | $4,539,339 | $161,024 |
| VINCENT E PRICE | DIRECTOR Trustee or director | 0.1 | $0 | $1,888,010 | $59,568 |
| ANIL MADHOK | TREASURER Officer | 0.1 | $0 | $1,591,560 | $296,062 |
| DANIEL G ENNIS | DIRECTOR Trustee or director | 0.1 | $0 | $1,352,969 | $74,880 |
| ROBERT MCGRAIL | SECRETARY Officer | 0.1 | $0 | $518,864 | $82,382 |
| LAURENE M SPERLING | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| KEVIN A BAGGETT MD | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| T RITSON FERGUSON III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CYNTHIA L MEYN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| THRUSTON B MORTON III | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| JAMES C ZELTER | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| ASHOK VARADHAN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NEAL F TRIPLETT | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.1 | $0 | $4,191,717 | $100,820 |
| VINCENT E PRICE | DIRECTOR Trustee or director | 0.1 | $0 | $1,751,192 | $55,185 |
| ANIL MADHOK | TREASURER Officer | 0.1 | $0 | $1,479,694 | $231,609 |
| DANIEL G ENNIS | DIRECTOR Trustee or director | 0.1 | $0 | $1,287,344 | $69,119 |
| ROBERT MCGRAIL | SECRETARY Officer | 0.1 | $0 | $497,125 | $63,093 |
| LAURENE M SPERLING | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| KEVIN A BAGGETT MD | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| T RITSON FERGUSON III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EDWARD A GILHULY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CYNTHIA L MEYN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| THRUSTON B MORTON III | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| GEOFFREY S REHNERT | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| JAMES C ZELTER | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 280 S MANGUM ST STE 210, DURHAM, NC 27701-3675
- Principal officer (990 for 2024)
- NEAL F TRIPLETT, 280 S MANGUM ST STE 210, DURHAM, NC 27701
- Signed the 990
- WILLIAM BOULDING, TREASURER
- Phone
- (919) 668-6829
- Website
- HTTPS://DUMAC.DUKE.EDU/
Mission
SEE SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT.
Program accomplishments
- DUMAC, INC. OPERATES AS A SUPPORTING ORGANIZATION TO DUKE UNIVERSITY. ALL OF THE EXPENSES INCURRED ARE RELATED TO THE INVESTMENT MANAGEMENT AND RELATED SERVICES PROVIDED ON A NOT-FOR-PROFIT, COST-SHARING BASIS TO DUKE UNIVERSITY, ITS AFFILIATES (INCLUDING DUKE UNIVERSITY HEALTH SYSTEM, INC. THE EMPLOYEES' RETIREMENT PLAN OF DUKE UNIVERSITY) AND THE DUKE ENDOWMENT, A PRIVATE FOUNDATION WHICH UNDER THE TERMS OF ITS INDENTURE AND BY ACTION OF ITS SEPARATE BOARD OF TRUSTEES PROVIDES SUBSTANTIAL SUPPORT TO DUKE UNIVERSITY.Expenses $30,423,219 · revenue $31,353,609
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 90-0754895
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $33,308,088
- Income (IRS master file)
- $31,760,785
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $31,760,785 | $32,215,580 | $33,308,088 | IRS |
| 990 | June 2024 | $33,656,703 | $34,073,354 | $27,021,442 | IRS |
| 990 | June 2023 | $29,420,671 | $29,322,167 | $28,553,839 | IRS |
| 990 | June 2022 | $28,517,262 | $28,548,745 | $26,321,234 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 90-0754895).
Questions about DUMAC INC
- What is the EIN of DUMAC INC?
- The employer identification number (EIN) of DUMAC INC is 90-0754895.
- Is DUMAC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to DUMAC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does DUMAC INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DUMAC INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DUMAC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DUMAC INC?
- The 990 for the year ended June 30, 2025 names NEAL F TRIPLETT.
- Who are the officers and directors of DUMAC INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does DUMAC INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $31,760,785, expenses of $32,215,580 and total assets of $33,308,088 at year end.
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