Totals
- Total revenue
- $8,311,685
- Total expenses
- $8,398,904
- Contributions and grants received
- $527,027
- Grants paid
- $0
- Program service revenue
- $7,727,126
- Investment income
- $57,532
- Other revenue
- $0
- Total assets, end of year
- $12,122,094
- Total liabilities, end of year
- $6,080,670
- Net assets or fund balances, end of year
- $6,041,424
- Program services expenses (Part IX)
- $6,662,802
- Management and general expenses
- $1,716,469
- Fundraising expenses
- $19,633
- Program service expenses (Part III)
- $6,662,802
Program services were 79.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$137,027
-
1f · All other contributions, gifts and grants
$390,000
-
2a · Program service revenue: CONF RM RENTAL & EVENTS
total $60,308 · unrelated business $60,308
-
2b · Program service revenue: Educational Services
total $7,491,132 · related or exempt $7,491,132
-
2c · Program service revenue: OTHER EDUCATIONAL SERVICE
total $175,686 · related or exempt $175,686
-
3 · Investment income
total $57,532 · excluded $57,532
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $533,952 · program services $533,952
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,305,182 · program services $1,305,182
-
8 · Pension plan contributions
total $28,067 · program services $28,067
-
9 · Other employee benefits
total $55,363 · program services $51,230 · management and general $4,133
-
10 · Payroll taxes
total $134,492 · program services $134,492
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $56,694 · management and general $56,694
-
11c · Fees: accounting
total $144,000 · management and general $144,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $118,457 · program services $48,887 · management and general $69,070 · fundraising $500
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,287,003 · program services $1,286,653 · fundraising $350
-
17 · Travel
total $143,474 · program services $143,474
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $808,219 · program services $791,336 · fundraising $16,883
-
20 · Interest
total $133,735 · management and general $133,735
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $644,115 · program services $644,115
-
23 · Insurance
total $112,954 · program services $19,217 · management and general $93,737
-
24a · Other expenses: Direct program expenses
total $1,271,134 · program services $1,271,134
-
24b · Other expenses: Insead license fees
total $1,197,024 · management and general $1,197,024
-
24c · Other expenses: TEMPORARY HELP
total $147,272 · program services $147,272
-
24d · Other expenses: SECURITY COSTS
total $59,564 · program services $59,564
-
24e · All other expenses
total $218,203 · program services $198,227 · management and general $18,076 · fundraising $1,900
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $618,921 · end of year $1,614,174
-
2 · Savings and temporary cash investments
beginning of year $4,939,186 · end of year $3,661,287
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $2,400,629 · end of year $2,552,585
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $97,674 · end of year $145,444
-
10a · Land, buildings and equipment: cost or other basis
$6,149,972
-
10b · Land, buildings and equipment: accumulated depreciation
$2,251,368
-
10c · Land, buildings and equipment, net
beginning of year $4,473,747 · end of year $3,898,604
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $250,000 · end of year $250,000
-
17 · Accounts payable and accrued expenses
beginning of year $1,168,265 · end of year $1,200,601
-
19 · Deferred revenue
beginning of year $648,911 · end of year $505,247
-
25 · Other liabilities
beginning of year $4,760,116 · end of year $4,374,822
-
27 · Net assets without donor restrictions
beginning of year $6,202,865 · end of year $6,041,424
Mission and programs · 2022
Mission
Insead North America Inc, ("INA") employs U. S. resident professors to teach courses at Insead University in Paris, France, and INA conducts Executive Education programs to further support INSEAD's mission and development.
-
Executive Education Program- INA organizes courses and employs resident professors or visiting professors to teach courses to executives of various organizations in the Americas. Expenses related to this program include teaching costs and operational expenses.
Expenses $4,260,317 · Revenue $7,736,367
-
SAN FRANCISCO EXECUTIVE EDUCATION FACILITY
Expenses $2,438,530 · Revenue $43,356
-
INA employs U. S. resident professors to teach courses at Insead University in Paris, France. Expenses related to this program are paid for by Insead University and are treated by INA as payments to affiliates on line 21 of Part IX, page 10, Form 990.
Expenses -$36,045 · Revenue $48,437
As filed on the 2022 return.
Listed in Part VII
-
Karel CoolKAREL COOL
LEADERSHIP PROFESSOR
- Total calculated
- $344,995
- From this org
- $344,995
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $344,995
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $344,995
-
Mary E CareyMARY E CAREY
DIR EXEC EDUCATION
- Total calculated
- $323,482
- From this org
- $323,482
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $323,482
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $323,482
-
Henning PiezunkaHENNING PIEZUNKA
PROFESSOR
- Total calculated
- $202,189
- From this org
- $202,189
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $202,189
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $202,189
-
Prashant YadavPRASHANT YADAV
PROFESSOR
- Total calculated
- $198,675
- From this org
- $198,675
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,675
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $198,675
-
Renee A MauborgneRENEE A MAUBORGNE
STRATEGY PROF
- Total calculated
- $188,957
- From this org
- $188,957
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $188,957
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $188,957
-
Victoria Woo Choi YueVICTORIA WOO CHOI YUE
DIRECTOR
- Total calculated
- $188,634
- From this org
- $188,634
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $188,634
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $188,634
-
Hamidah R PoplusHAMIDAH R POPLUS
MANAGER
- Total calculated
- $146,499
- From this org
- $146,499
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Andreas Jacobs
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Pascale WitzPASCALE WITZ
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Jolyon BarkerJOLYON BARKER
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Adam GoldsteinADAM GOLDSTEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Emma Goltz
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Leonard J Bencivenga
Assistant Treas
- Total calculated
- $0
- Hours/week
- 10
-
Beatrice Pige
CFO
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
INSEAD MGMT EDUCATION FOUNDATION
501(C)(3) · EDUCATIONAL SERVICES · NY
-
INSTITUT EUROPEEN DADMINISTRATION DES
FOR EQU TAX-EXEMPT · EDUCATIONAL SERVICES · FR
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421929349300512
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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