Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $6,120,050

• 1e · Government grants (contributions)

  $30,634

• 2a · Program service revenue: ACCREDITATION FEES

  total $9,458,120 · related or exempt $9,458,120

• 2b · Program service revenue: REGISTRATION FEES

  total $6,249,819 · related or exempt $6,249,819

• 2c · Program service revenue: CONFERENCE EXHIBIT AND SPONSORSHI

  total $1,605,710 · related or exempt $1,605,710

• 2d · Program service revenue: ADVOCACY AND AWARENESS

  total $173,591 · related or exempt $173,591

• 2e · Program service revenue: BUSINESS EDUCATION SERVICES

  total $72,920 · related or exempt $72,920

• 3 · Investment income

  total $828,975 · excluded $828,975

• 7a · Gross sales of assets other than inventory

  securities $17,772,329

• 7b · Less cost or other basis and sales expenses

  securities $16,431,522 · other assets $189,186

• 7c · Gain or loss

  securities $1,340,807 · other assets -$189,186

• 7d · Net gain or loss

  total $1,151,621 · excluded $1,151,621

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $120,000 · program services $120,000

• 3 · Grants to foreign organizations and individuals

  total $61,963 · program services $61,963

• 5 · Compensation of officers, directors and key employees

  total $2,186,402 · program services $1,639,801 · management and general $546,601

• 7 · Other salaries and wages

  total $7,034,239 · program services $5,248,854 · management and general $1,785,385

• 8 · Pension plan contributions

  total $233,180 · program services $173,984 · management and general $59,196

• 9 · Other employee benefits

  total $1,353,614 · program services $1,011,015 · management and general $342,599

• 10 · Payroll taxes

  total $473,474 · program services $353,707 · management and general $119,767

• 11b · Fees: legal

  total $71,427 · management and general $71,427

• 11c · Fees: accounting

  total $57,986 · management and general $57,986

• 11f · Fees: investment management

  total $108,139 · management and general $108,139

• 11g · Fees: other

  total $2,000,823 · program services $1,858,908 · management and general $141,915

• 12 · Advertising and promotion

  total $690,470 · program services $116,237 · management and general $574,233

• 13 · Office expenses

  total $75,862 · program services $65,897 · management and general $9,965

• 14 · Information technology

  total $2,694,808 · program services $1,912,811 · management and general $781,997

• 16 · Occupancy

  total $1,113,037 · program services $847,647 · management and general $265,390

• 17 · Travel

  total $730,112 · program services $667,769 · management and general $62,343

• 19 · Conferences, conventions and meetings

  total $3,969,212 · program services $2,985,877 · management and general $983,335

• 22 · Depreciation, depletion and amortization

  total $1,025,468 · program services $619,920 · management and general $405,548

• 23 · Insurance

  total $135,098 · program services $122,848 · management and general $12,250

• 24a · Other expenses: ADVOCACY & AWARENESS

  total $460,475 · management and general $460,475

• 24b · Other expenses: CARD & BANK FEES

  total $364,951 · program services $343,402 · management and general $21,549

• 24c · Other expenses: RECRUITING EXPENSE

  total $291,301 · program services $217,615 · management and general $73,686

• 24d · Other expenses: PROFESSIONAL DEVELOPMEN

  total $172,147 · program services $161,982 · management and general $10,165

• 24e · All other expenses

  total $155,912 · program services $131,929 · management and general $23,983

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,668,635 · end of year $8,328,483

• 2 · Savings and temporary cash investments

  end of year $1,884,145

• 4 · Accounts receivable

  beginning of year $273,344 · end of year $240,278

• 9 · Prepaid expenses and deferred charges

  beginning of year $580,833 · end of year $745,630

• 10a · Land, buildings and equipment: cost or other basis

  $6,783,777

• 10b · Land, buildings and equipment: accumulated depreciation

  $4,548,321

• 10c · Land, buildings and equipment, net

  beginning of year $3,345,036 · end of year $2,235,456

• 11 · Investments: publicly traded securities

  beginning of year $29,247,352 · end of year $22,128,297

• 12 · Investments: other securities

  end of year $952,633

• 15 · Other assets

  beginning of year $103,650 · end of year $5,509,534

• 17 · Accounts payable and accrued expenses

  beginning of year $3,691,837 · end of year $1,617,672

• 19 · Deferred revenue

  beginning of year $10,799,576 · end of year $12,310,530

• 24 · Unsecured notes and loans payable

  beginning of year $32,781

• 25 · Other liabilities

  beginning of year $0 · end of year $6,643,453

• 27 · Net assets without donor restrictions

  beginning of year $21,694,656 · end of year $21,452,801

The filer's explanations (Part III)

PART I, LINE 1A

THE HOUSING ALLOWANCE IS PROVIDED TO EXPATRIATE EMPLOYEES WHILE RESIDING AND WORKING IN A FOREIGN COUNTRY. THE TAX INDEMNIFICATION AND GROSS UP IS RELATED TO RELOCATION EXPENSES PROVIDED TO A SENIOR EXECUTIVE.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• AACSB INTERNATIONAL LTD

  ACCREDITATION SERVICES · SN

  Directly controlled by AACSB INTERNATIONAL