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Nonprofiteer
← HARVARD BUSINESS SCHOOL INTERACTIVE INC

Form 990 for tax year 2024

Filed by HARVARD BUSINESS SCHOOL INTERACTIVE INC.

Totals

Total revenue
$5,002,000
Total expenses
$5,049,620
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,002,000
Investment income
$0
Other revenue
$0
Total assets, end of year
$6,031,012
Total liabilities, end of year
$36,206
Net assets or fund balances, end of year
$5,994,806
Program services expenses (Part IX)
$4,441,304
Management and general expenses
$608,316
Fundraising expenses
$0
Program service expenses (Part III)
$4,441,304

Program services were 88.0% 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.

  • 2a · Program service revenue: Program Fees

    total $5,002,000 · related or exempt $5,002,000

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 $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,310,921 · program services $1,310,921

  • 17 · Travel

    total $202,805 · program services $202,805

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Faculty consultants and royalties

    total $855,280 · program services $855,280

  • 24b · Other expenses: Program Management

    total $1,794,409 · program services $1,794,409

  • 24c · Other expenses: General Program Expense

    total $886,205 · program services $277,889 · management and general $608,316

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,936,077 · end of year $2,869,828

  • 4 · Accounts receivable

    beginning of year $1,514,975 · end of year $3,161,184

  • 17 · Accounts payable and accrued expenses

    beginning of year $255,626 · end of year $36,206

  • 19 · Deferred revenue

    beginning of year $153,000

  • 27 · Net assets without donor restrictions

    beginning of year $6,042,426 · end of year $5,994,806

Mission and programs · 2024

Mission

To advance the charitable objectives of Harvard Business School, a constituent part of President and Fellows of Harvard College by developing, coordinating and conducting executive education programs.

  • Harvard Business School Interactive, Inc. enrolled and educated 61 participants through the executive education program in FY25.

    Expenses $4,441,304 · Revenue $5,002,000

As filed on the 2024 return.

Listed in Part VII

  • VG Narayanan

    Chairman

    Total calculated
    $942,993
    From this org
    $0
    From related orgs
    $861,602
    Other
    $81,391
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $453,997 related
    Bonus
    not reported + $95,000 related
    Other
    not reported + $312,605 related
    Deferred
    not reported + $43,320 related
    Nontaxable benefits
    not reported + $38,071 related
    Filer's total
    not reported + $942,993 related

  • Ritu Karla

    Ex Officio Director

    Total calculated
    $721,071
    From this org
    $0
    From related orgs
    $646,696
    Other
    $74,375
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    not reported + $607,946 related
    Bonus
    not reported + $15,000 related
    Other
    not reported + $23,750 related
    Deferred
    not reported + $43,320 related
    Nontaxable benefits
    not reported + $31,055 related
    Filer's total
    not reported + $721,071 related

  • Luis Viceira

    Chairman

    Total calculated
    $588,698
    From this org
    $0
    From related orgs
    $507,317
    Other
    $81,381

    Schedule J breakdown matched by us

    Base
    not reported + $438,997 related
    Bonus
    not reported + $20,000 related
    Other
    not reported + $48,320 related
    Deferred
    not reported + $43,320 related
    Nontaxable benefits
    not reported + $38,061 related
    Filer's total
    not reported + $588,698 related

  • Patrick Mullane

    President

    Total calculated
    $586,747
    From this org
    $0
    From related orgs
    $512,529
    Other
    $74,218
    Hours/week
    30 + 30 related

    Schedule J breakdown matched by us

    Base
    not reported + $417,468 related
    Bonus
    not reported + $71,148 related
    Other
    not reported + $23,913 related
    Deferred
    not reported + $43,320 related
    Nontaxable benefits
    not reported + $30,898 related
    Filer's total
    not reported + $586,747 related

  • Richard Melnick

    Treasurer Clerk

    Total calculated
    $525,614
    From this org
    $0
    From related orgs
    $441,241
    Other
    $84,373
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $345,964 related
    Bonus
    not reported + $71,148 related
    Other
    not reported + $24,129 related
    Deferred
    not reported + $50,592 related
    Nontaxable benefits
    not reported + $33,781 related
    Filer's total
    not reported + $525,614 related

  • Nancy Dellarocco

    President

    Total calculated
    $371,638
    From this org
    $0
    From related orgs
    $299,549
    Other
    $72,089

    Schedule J breakdown matched by us

    Base
    not reported + $263,605 related
    Bonus
    not reported + $12,148 related
    Other
    not reported + $23,796 related
    Deferred
    not reported + $39,131 related
    Nontaxable benefits
    not reported + $32,958 related
    Filer's total
    not reported + $371,638 related

  • Thomas Hollister

    Ex Officio Director

    Total calculated
    $0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported

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

The filer's explanations (Part III)

Part I Line 3
Directors and Officers are not compensated in their capacity as Directors and Officers of Harvard Business School Interactive, Inc. All compensation is paid by Harvard University for work performed for the University.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
11 May 2026
IRS schema version
2024v5.2
Source object
202621319349302457

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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