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Nonprofiteer
← ACADEMY OF INTERNATIONAL BUSINESS

Form 990 for tax year 2024

Filed by ACADEMY OF INTERNATIONAL BUSINESS.

Totals

Total revenue
$2,088,418
Total expenses
$1,979,962
Contributions and grants received
$121,585
Grants paid
$120,439
Program service revenue
$1,722,002
Investment income
$244,674
Other revenue
$157
Total assets, end of year
$4,067,990
Total liabilities, end of year
$230,262
Net assets or fund balances, end of year
$3,837,728
Program services expenses (Part IX)
$1,576,134
Management and general expenses
$403,828
Fundraising expenses
$0
Program service expenses (Part III)
$1,576,134

Program services were 79.6% 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.

  • 1f · All other contributions, gifts and grants

    $121,585

  • 2a · Program service revenue: ANNUAL CONFERENCE

    total $816,320 · related or exempt $816,320

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $435,533 · related or exempt $435,533

  • 2c · Program service revenue: JOURNAL ROYALTIES

    total $351,849 · related or exempt $351,849

  • 2d · Program service revenue: EDITORIAL

    total $113,300 · related or exempt $113,300

  • 2e · Program service revenue: CONFERENCE EXHIBIT SAL

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

  • 3 · Investment income

    total $107,335 · excluded $107,335

  • 7a · Gross sales of assets other than inventory

    securities $196,038

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

    securities $58,699

  • 7c · Gain or loss

    securities $137,339

  • 7d · Net gain or loss

    total $137,339 · excluded $137,339

  • 11a · Other revenue: WIRE TRANSFER INCOME

    total $157 · related or exempt $157

  • 11e · Other revenue, total

    $157

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $49,409 · program services $49,409

  • 3 · Grants to foreign organizations and individuals

    total $71,030 · program services $71,030

  • 5 · Compensation of officers, directors and key employees

    total $211,044 · management and general $211,044

  • 11b · Fees: legal

    total $3,170 · management and general $3,170

  • 11c · Fees: accounting

    total $18,723 · management and general $18,723

  • 11f · Fees: investment management

    total $12,685 · management and general $12,685

  • 13 · Office expenses

    total $77 · management and general $77

  • 14 · Information technology

    total $14,876 · management and general $14,876

  • 19 · Conferences, conventions and meetings

    total $1,070,382 · program services $1,070,382

  • 23 · Insurance

    total $3,700 · program services $3,700

  • 24a · Other expenses: CONTRACTED SERVICES

    total $244,551 · program services $136,679 · management and general $107,872

  • 24b · Other expenses: JIBS & JIBP EXPENSES

    total $165,416 · program services $165,416

  • 24c · Other expenses: AIB CYBER DOCTORAL ACAD

    total $79,518 · program services $79,518

  • 24d · Other expenses: ADMINISTRATIVE

    total $35,381 · management and general $35,381

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $358,375 · end of year $315,194

  • 2 · Savings and temporary cash investments

    beginning of year $884,233 · end of year $818,341

  • 4 · Accounts receivable

    beginning of year $349,019 · end of year $363,350

  • 9 · Prepaid expenses and deferred charges

    end of year $66,119

  • 11 · Investments: publicly traded securities

    beginning of year $2,226,651 · end of year $2,403,148

  • 15 · Other assets

    end of year $101,838

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,010 · end of year $90,446

  • 19 · Deferred revenue

    beginning of year $136,488 · end of year $139,816

  • 27 · Net assets without donor restrictions

    beginning of year $3,551,330 · end of year $3,679,137

  • 28 · Net assets with donor restrictions

    beginning of year $120,450 · end of year $158,591

Mission and programs · 2024

Mission

WE CREATE, NURTURE, AND EMPOWER A GLOBAL COMMUNITY OF SCHOLARS FOCUSED ON CREATING, ADVANCING, AND DISSEMINATING KNOWLEDGE IN INTERNATIONAL BUSINESS RESEARCH, EDUCATION, POLICY, AND PRACTICE.

  • THE ACADEMY OF INTERNATIONAL BUSINESS HELD ITS ANNUAL CONFERENCE IN SEOUL, SOUTH KOREA, HOSTING MORE THAN 1000 MEMBERS. AS THE PREMIER GLOBAL COMMUNITY OF INTERNATIONAL BUSINESS SCHOLARS, AIB USED THIS EVENT AS AN OPPORTUNITY TO INNOVATE THE WAYS RESEARCHERS CONNECT, SHARE KNOWLEDGE, AND EXPAND THEIR SKILLSETS. VISIT THE AIB 2024 ONLINE WEBPAGE FOR MORE INFORMATION. ALL PROGRAM DETAILS WITH INFORMATION ON PROGRAM, SCHOLARSHIPS, AWARDS, PHOTOS, AND MORE CAN BE FOUND AT: HTTPS://WWW.AIB.WORLD/EVENTS/2024/. PROVIDED 57 DOCTORAL STUDENTS RECEIVED TRAVEL SCHOLARSHIPS TOTALING $ 67,529 ($1,185 PP ON AVERAGE, PROCESSED AS COMPLIMENTARY CONFERENCE FEES, MEMBERSHIPS, AND DIRECT LODGING CHARGES) TO ATTEND THE 2024 AIB ANNUAL CONFERENCE IN SEOUL, SOUTH KOREA. THE SCHOLARSHIPS ARE GIVEN TO ENCOURAGE NEW PHD STUDENTS TO ENTER AND THE FIELD OF INTERNATIONAL BUSINESS. VISIT HTTPS://WWW.AIB.WORLD/EVENTS/2024/ATTEND/DOCTORAL-STUDENT-STIPENDS/ FOR MORE INFORMATION

    Expenses $1,410,718 · Grants $120,439 · Revenue $821,477

  • PRODUCED TWO INTERNATIONAL JOURNALS THAT ARE DISTRIBUTED TO AND BENEFIT ALL MEMBERS. THE JOURNAL OF INTERNATIONAL BUSINESS STUDIES (JIBS) WHICH IS PUBLISHED 9 TIMES PER YEAR. VISIT: HTTPS://WWW.AIB.WORLD/PUBLICATIONS/JOURNAL-OF-INTERNATIONAL-BUSINESS-STUDIES/ AND THE JOURNAL OF INTERNATIONAL BUSINESS POLICY (JIBP) WHICH IS PUBLISHED 4 TIMES PER YEAR. FOR MORE DETAILED INFORMATION VISIT: HTTPS://WWW.AIB.WORLD/PUBLICATIONS/JOURNAL-OF-INTERNATIONAL-BUSINESS-POLICY/

    Expenses $165,416 · Revenue $465,149

  • ADDITIONAL MEMBER PUBLICATIONS INCLUDE THE AIB NEWSLETTER HTTPS://WWW.AIB.WORLD/PUBLICATIONS/AIB-NEWSLETTER/AND AIB INSIGHTS HTTPS://WWW.AIB.WORLD/PUBLICATIONS/AIB-INSIGHTS/. ORGANIZED 30 ONLINE WEBINARS AND WORKSHOPS. DISCUSSED LATEST RESEARCH FINDINGS. PROVIDED PROFESSIONAL DEVELOPMENT OPPORTUNITIES. DISCUSSED BEST PRACTICES AND NEW TECHNIQUES AND SKILLS IN PEDAGOGY. FOR INFORMATION ON AIB WEBINARS, PLEASE VISIT HTTPS://WWW.AIB.WORLD/EVENTS/. THE AIB-CIBER DOCTORAL ACADEMY (ACDA) IS A GLOBAL INITIATIVE DESIGNED TO SUPPORT EARLY-STAGE DOCTORAL STUDENTS IN THE FIELD OF INTERNATIONAL BUSINESS. THIS TWO-YEAR PROGRAM OFFERS VIRTUAL SEMINARS, PERSONALIZED MENTORING, AND VALUABLE NETWORKING OPPORTUNITIES WITH SENIOR SCHOLARS TO SUPPORT THEIR ACADEMIC AND PROFESSIONAL DEVELOPMENT AND BUILD A STRONG GLOBAL NETWORK OF EMERGING IB RESEARCHERS. FOR MORE DETAILS, VISIT: HTTPS://WWW.AIB.WORLD/EVENTS/DOCTORAL-ACADEMY/.

    Revenue $435,690

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • PETER LIESCH

    IMMEDIATE PAST PRESIDENT 23-24

    Total calculated
    $0
    Hours/week
    10

  • GARY KNIGHT

    PRESIDENT 24-25

    Total calculated
    $0
    Hours/week
    10

  • TORBEN PEDERSEN

    PRESIDENT ELECT 25-26

    Total calculated
    $0
    Hours/week
    5

  • CATHERINE WELCH

    VP PROGRAM PAST 23-24

    Total calculated
    $0
    Hours/week
    10

  • SRILATA ZAHEER

    VP PROGRAM 24-25

    Total calculated
    $0
    Hours/week
    10

  • SJOERD BEUGELSDIJK

    VP PROGRAM 25-26

    Total calculated
    $0
    Hours/week
    5

  • VAS TARAS

    VP ADMIN 22-25

    Total calculated
    $0
    Hours/week
    5

  • LIENA KANO

    VP ADMIN 23-26

    Total calculated
    $0
    Hours/week
    5

  • JANE LU

    VP ADMIN 24-27

    Total calculated
    $0
    Hours/week
    5

  • TUNGA KIYAK

    EXECUTIVE DIRECTOR

    Total calculated
    $103,056
    From this org
    $79,685
    From related orgs
    $0
    Other
    $23,371
    Hours/week
    35

  • BERNICE DAVENPORT

    TREASURER

    Total calculated
    $107,988
    From this org
    $77,642
    From related orgs
    $0
    Other
    $30,346
    Hours/week
    35

  • IEVA KULE

    MANAGING DIRECTOR

    Total calculated
    $105,750
    From this org
    $78,147
    From related orgs
    $0
    Other
    $27,603
    Hours/week
    35

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202513219349305986

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

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