Totals
- Total revenue
- $14,991,239
- Total expenses
- $12,995,658
- Contributions and grants received
- $10,755,571
- Grants paid
- $0
- Program service revenue
- $4,823,116
- Investment income
- -$748,406
- Other revenue
- $160,958
- Total assets, end of year
- $34,823,974
- Total liabilities, end of year
- $13,310,434
- Net assets or fund balances, end of year
- $21,513,540
- Program services expenses (Part IX)
- $10,901,584
- Management and general expenses
- $1,878,298
- Fundraising expenses
- $215,776
- Program service expenses (Part III)
- $10,901,584
Program services were 83.9% 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.
-
1e · Government grants (contributions)
$301,313
-
1f · All other contributions, gifts and grants
$10,454,258
-
2a · Program service revenue: CONFERENCE INCOME
total $4,434,330 · unrelated business $4,434,330
-
2b · Program service revenue: PARTICIPANT FUNDED TUITION
total $388,786 · related or exempt $388,786
-
3 · Investment income
total -$878,247 · excluded -$878,247
-
7a · Gross sales of assets other than inventory
securities $487,565
-
7b · Less cost or other basis and sales expenses
securities $357,724
-
7c · Gain or loss
securities $129,841
-
7d · Net gain or loss
total $129,841 · excluded $129,841
-
11d · All other revenue
total $160,958 · related or exempt $10,086 · unrelated business $150,872
-
11e · Other revenue, total
$160,958
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $592,133 · program services $541,492 · management and general $33,846 · fundraising $16,795
-
7 · Other salaries and wages
total $5,324,393 · program services $4,869,036 · management and general $304,339 · fundraising $151,018
-
11b · Fees: legal
total $21,358 · program services $13,440 · management and general $7,858 · fundraising $60
-
11c · Fees: accounting
total $336,451 · program services $211,717 · management and general $123,782 · fundraising $952
-
11g · Fees: other
total $1,106,539 · program services $696,307 · management and general $407,102 · fundraising $3,130
-
13 · Office expenses
total $496,509 · program services $427,134 · management and general $46,498 · fundraising $22,877
-
17 · Travel
total $1,217,659 · program services $1,042,162 · management and general $155,323 · fundraising $20,174
-
20 · Interest
total $604,141 · program services $182,250 · management and general $421,891
-
22 · Depreciation, depletion and amortization
total $409,343 · program services $275,201 · management and general $134,142
-
24a · Other expenses: FOOD & BEVERAGE
total $1,095,715 · program services $1,095,715
-
24b · Other expenses: MAINTENANCE AND UTILITI
total $809,992 · program services $809,992
-
24c · Other expenses: TAXES
total $135,052 · program services $89,472 · management and general $45,580
-
24d · Other expenses: BAD DEBT
total $12,433 · management and general $12,433
-
24e · All other expenses
total $833,940 · program services $647,666 · management and general $185,504 · fundraising $770
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,881,035 · end of year $3,871,490
-
2 · Savings and temporary cash investments
beginning of year $572,604 · end of year $597,529
-
3 · Pledges and grants receivable
beginning of year $2,303,447 · end of year $2,765,880
-
4 · Accounts receivable
beginning of year $2,022,396 · end of year $2,006,645
-
10a · Land, buildings and equipment: cost or other basis
$14,782,352
-
10b · Land, buildings and equipment: accumulated depreciation
$9,302,029
-
10c · Land, buildings and equipment, net
beginning of year $5,301,711 · end of year $5,480,323
-
11 · Investments: publicly traded securities
beginning of year $18,714,266 · end of year $20,081,415
-
14 · Intangible assets
beginning of year $117,224 · end of year $20,692
-
17 · Accounts payable and accrued expenses
beginning of year $2,135,948 · end of year $2,383,245
-
19 · Deferred revenue
beginning of year $811,971 · end of year $406,181
-
23 · Secured mortgages and notes payable
beginning of year $11,064,685 · end of year $10,500,316
-
25 · Other liabilities
beginning of year $118,415 · end of year $20,692
-
27 · Net assets without donor restrictions
beginning of year -$6,257,186 · end of year -$4,895,708
-
28 · Net assets with donor restrictions
beginning of year $23,038,850 · end of year $26,409,248
Mission and programs · 2023
Mission
THE MISSION OF SALZBURG GLOBAL SEMINAR IS TO CHALLENGE CURRENT AND FUTURE LEADERS TO SHAPE A BETTER WORLD. OUR MULTI-YEAR PROGRAMS AIM TO BRIDGE DIVIDES, EXPAND COLLABORATIONS, AND TRANSFORM SYSTEMS.
Activities or mission (Part I)
TO CHALLENGE CURRENT AND FUTURE LEADERS TO SHAPE A BETTER WORLD.
-
SALZBURG GLOBAL SEMINAR, INC. ("SGS") IS AN INDEPENDENT NON-PROFIT ORGANIZATION, HEADQUARTERED IN WASHINGTON D.C. AND BASED AT SCHLOSS LEOPOLDSKRON IN SALZBURG, AUSTRIA. SGS WAS FOUNDED IN 1947 BY THREE YOUNG VISIONARIES AT HARVARD UNIVERSITY AS THE "SALZBURG SEMINAR IN AMERICAN STUDIES" TO ENCOURAGE THE REVIVAL OF INTELLECTUAL DIALOGUE IN POST-WAR EUROPE. SGS CONVENES OUTSTANDING TALENT ACROSS GENERATIONS, CULTURES AND SECTORS TO INSPIRE NEW THINKING AND ACTION, AND TO CONNECT LOCAL INNOVATORS WITH GLOBAL RESOURCES. SEE SCHEDULE O FOR CONTINUING INFORMATION.OUR PROGRAMS COVER CHALLENGES FACING THE WORLD IN EDUCATION, HEALTH, ENVIRONMENT, FINANCE, RULE OF LAW, HUMAN RIGHTS, MEDIA AND THE ARTS. WE FOSTER LASTING NETWORKS AND PARTNERSHIPS FOR CREATIVE, JUST AND SUSTAINABLE CHANGE. OVER 40,000 FELLOWS FROM MORE THAN 170 COUNTRIES HAVE COME TOGETHER THROUGH OUR WORK, WITH MANY RISING TO SENIOR LEADERSHIP POSITIONS. OUR HISTORIC HEADQUARTERS AT SCHLOSS LEOPOLDSKRON IN SALZBURG, AUSTRIA, BUILT IN 1736 BY THE ARCHBISHOP OF SALZBURG, RESTORED BY THE SALZBURG FESTIVAL'S CO-FOUNDER MAX REINHARDT, USED BY HOLLYWOOD FOR SETS IN THE SOUND OF MUSIC, AND NOW AN AWARD-WINNING HOTEL ALLOWS US TO WELCOME ALL PARTICIPANTS IN CONDITIONS OF TRUST AND OPENNESS.FOR MORE INFORMATION AND TO SEE OUR CALENDAR OF UPCOMING PROGRAMS, PLEASE VISIT: WWW.SALZBURGGLOBAL.ORG
Expenses $10,901,584 · Revenue $398,872
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Adena TestaADENA TESTA
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Andre KellenersANDRE KELLENERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anne GatesANNE GATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
B Thomas MansbachB THOMAS MANSBACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob HoytBOB HOYT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bright SimonsBRIGHT SIMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Byron L BostonBYRON L BOSTON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Christopher F LeeCHRISTOPHER F LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Claudio X GonzalezCLAUDIO X GONZALEZ
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Daniele MmineleDANIELE MMINELE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Grant CambridgeGRANT CAMBRIDGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica EliasiJESSICA ELIASI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John B Bellinger IIIJOHN B BELLINGER III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marjorie Layden-SchimbergMARJORIE LAYDEN-SCHIMBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Martha A DarlingMARTHA A DARLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Martin WeissMARTIN WEISS
PRESIDENT & CEO
- Total calculated
- $466,198
- From this org
- $371,219
- From related orgs
- $0
- Other
- $94,979
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $350,847
- Bonus
- $14,061
- Other
- $6,311
- Deferred
- $46,588
- Nontaxable benefits
- $48,391
- Filer's total
- $466,198
-
Max M SchlerethMAX M SCHLERETH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter Wilson-SmithPETER WILSON-SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert H MundheimROBERT H MUNDHEIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ulrike Schwarz-RunerULRIKE SCHWARZ-RUNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Victoria KennedyVICTORIA KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Victoria MarsVICTORIA MARS
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Jim G EllisJIM G ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wim MijsWIM MIJS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert HolzmannROBERT HOLZMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sebastienne MundheimSEBASTIENNE MUNDHEIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Henry MyerbergHENRY MYERBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Petra SchneebauerPETRA SCHNEEBAUER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristina Ver FoleyKRISTINA VER FOLEY
MANAGING DIRECTOR, US OFFICE
- Total calculated
- $125,935
- From this org
- $107,099
- From related orgs
- $0
- Other
- $18,836
- Hours/week
- 40
-
Ben GlahnBEN GLAHN
DEPUTY CEO AND MANAGING DI
- Total calculated
- $362,941
- From this org
- $275,696
- From related orgs
- $0
- Other
- $87,245
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,762
- Bonus
- $84,901
- Other
- $3,033
- Deferred
- $34,600
- Nontaxable benefits
- $52,645
- Filer's total
- $362,941
-
Beth PertillerBETH PERTILLER
MANAGING DIRECTOR OPERATIO
- Total calculated
- $149,347
- From this org
- $104,785
- From related orgs
- $0
- Other
- $44,562
- Hours/week
- 40
-
Daniel SzeleyniDANIEL SZELEYNI
MANAGING DIRECTOR SCHLOSS
- Total calculated
- $203,703
- From this org
- $148,243
- From related orgs
- $0
- Other
- $55,460
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,907
- Bonus
- $10,816
- Other
- $2,520
- Deferred
- $18,605
- Nontaxable benefits
- $36,855
- Filer's total
- $203,703
-
Manuela Resch-TrampitschMANUELA RESCH-TRAMPITSCH
MANAGING DIRECTOR FINANCE
- Total calculated
- $146,565
- From this org
- $100,075
- From related orgs
- $0
- Other
- $46,490
- Hours/week
- 40
-
Thomas BieblTHOMAS BIEBL
MANAGING DIRECTOR PUBLIC A
- Total calculated
- $181,812
- From this org
- $130,724
- From related orgs
- $0
- Other
- $51,088
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $117,686
- Bonus
- $10,816
- Other
- $2,222
- Deferred
- $16,406
- Nontaxable benefits
- $34,682
- Filer's total
- $181,812
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
- 1a · Travel for companions
- 1a · Discretionary spending account
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 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
The filer's explanations (Part III)
- PART I, LINE 4A
- THE PRESIDENCY OF THE ORGANIZATION CHANGED HANDS IN 2022. THERE IS A PROVISION IN THE FORMER CEO'S AGREEMENT THAT DEFERRED BENEFIT AND COMPENSATION WILL BE PAID OUT FROM 2023-2025
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413199349306006
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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