Form 990 for tax year 2024
Filed by NATIONAL BUREAU OF ASIAN RESEARCH.
Totals
- Total revenue
- $4,782,625
- Total expenses
- $4,068,903
- Contributions and grants received
- $4,054,608
- Grants paid
- $0
- Program service revenue
- $727,522
- Investment income
- $495
- Other revenue
- $0
- Total assets, end of year
- $3,141,474
- Total liabilities, end of year
- $3,940,464
- Net assets or fund balances, end of year
- -$798,990
- Program services expenses (Part IX)
- $2,757,041
- Management and general expenses
- $854,288
- Fundraising expenses
- $457,574
- Program service expenses (Part III)
- $2,757,041
Program services were 67.8% 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)
$435,422
-
1f · All other contributions, gifts and grants
$3,619,186
-
2a · Program service revenue: FEDERAL CONTRACTS
total $364,604 · related or exempt $364,604
-
2b · Program service revenue: CONFERENCE REVENUE
total $215,250 · related or exempt $215,250
-
2c · Program service revenue: CORPORATE CONTRACTS
total $94,577 · related or exempt $94,577
-
2d · Program service revenue: PUBLICATION REVENUE
total $53,091 · related or exempt $53,091
-
3 · Investment income
total $495 · excluded $495
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $837,355 · program services $232,390 · management and general $378,825 · fundraising $226,140
-
7 · Other salaries and wages
total $1,170,690 · program services $963,046 · management and general $146,585 · fundraising $61,059
-
8 · Pension plan contributions
total $37,796 · program services $31,092 · management and general $4,733 · fundraising $1,971
-
9 · Other employee benefits
total $224,591 · program services $184,755 · management and general $28,122 · fundraising $11,714
-
10 · Payroll taxes
total $175,202 · program services $100,617 · management and general $51,432 · fundraising $23,153
-
11b · Fees: legal
total $74,061 · management and general $74,061
-
11c · Fees: accounting
total $6,000 · management and general $6,000
-
11e · Fees: professional fundraising services
total $2,250 · fundraising $2,250
-
11f · Fees: investment management
total $8,969 · management and general $8,969
-
11g · Fees: other
total $66,921 · program services $26,076 · management and general $40,845
-
12 · Advertising and promotion
total $3,504 · program services $3,140 · management and general $364
-
13 · Office expenses
total $44,722 · program services $27,998 · management and general $12,344 · fundraising $4,380
-
14 · Information technology
total $54,771 · program services $36,161 · management and general $12,960 · fundraising $5,650
-
16 · Occupancy
total $192,932 · program services $127,380 · management and general $45,651 · fundraising $19,901
-
17 · Travel
total $217,651 · program services $178,092 · management and general $1,118 · fundraising $38,441
-
19 · Conferences, conventions and meetings
total $125,932 · program services $119,929 · management and general $13 · fundraising $5,990
-
20 · Interest
total $33,424 · program services $22,067 · management and general $7,909 · fundraising $3,448
-
22 · Depreciation, depletion and amortization
total $49,762 · program services $32,855 · management and general $11,774 · fundraising $5,133
-
23 · Insurance
total $19,934 · program services $13,161 · management and general $4,717 · fundraising $2,056
-
24a · Other expenses: RESEARCH COMMISSIONS
total $360,363 · program services $321,863 · fundraising $38,500
-
24b · Other expenses: FELLOWSHIP EXPENSE
total $275,196 · program services $275,196
-
24c · Other expenses: OTHER EXPENSES
total $71,688 · program services $47,342 · management and general $16,955 · fundraising $7,391
-
24d · Other expenses: PUBLICATIONS PRODUCTION
total $15,189 · program services $13,881 · management and general $911 · fundraising $397
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $68,915 · end of year $109,313
-
2 · Savings and temporary cash investments
beginning of year $641 · end of year $21
-
3 · Pledges and grants receivable
beginning of year $79,395 · end of year $1,093,971
-
4 · Accounts receivable
beginning of year $506,461 · end of year $319,019
-
9 · Prepaid expenses and deferred charges
beginning of year $157,598 · end of year $101,551
-
10a · Land, buildings and equipment: cost or other basis
$571,353
-
10b · Land, buildings and equipment: accumulated depreciation
$478,210
-
10c · Land, buildings and equipment, net
beginning of year $142,905 · end of year $93,143
-
11 · Investments: publicly traded securities
beginning of year $19,319 · end of year $15,966
-
15 · Other assets
beginning of year $1,408,490 · end of year $1,408,490
-
17 · Accounts payable and accrued expenses
beginning of year $1,854,273 · end of year $2,083,618
-
22 · Loans and payables to officers and key people
beginning of year $495,911 · end of year $366,346
-
23 · Secured mortgages and notes payable
beginning of year $139,505 · end of year $82,010
-
25 · Other liabilities
beginning of year $1,408,490 · end of year $1,408,490
-
27 · Net assets without donor restrictions
beginning of year -$7,291,082 · end of year -$7,047,617
-
28 · Net assets with donor restrictions
beginning of year $5,776,627 · end of year $6,248,627
Mission and programs · 2024
Mission
SEE SCHEDULE O.
-
NBR CONDUCTS ADVANCED RESEARCH ON POLITICS AND SECURITY, ECONOMICS AND TRADE, AND HEALTH ISSUES, WITH EMPHASIS ON THOSE OF INTEREST TO THE UNITED STATES. THE INSTITUTION DISSEMINATES ITS RESEARCH THROUGH BRIEFINGS, PUBLICATIONS, CONFERENCES, CONGRESSIONAL TESTIMONY, AND ONLINE FORUMS, AND BY COLLABORATING WITH LEADING INSTITUTIONS WORLDWIDE. NBR ALSO PROVIDES EXCEPTIONAL INTERNSHIP AND FELLOWSHIP OPPORTUNITIES FOR THE PURPOSES OF ATTRACTING AND TRAINING THE NEXT GENERATION OF ASIA SPECIALISTS AND LEADERS.
Expenses $2,757,041 · Revenue $727,522
As filed on the 2024 return.
Listed in Part VII
-
Michael WillsMICHAEL WILLS
PRESIDENT
- Total calculated
- $257,373
- From this org
- $217,369
- From related orgs
- $0
- Other
- $40,004
- Hours/week
- 36
Schedule J breakdown matched by us
- Base
- $217,369
- Bonus
- $0
- Other
- $0
- Deferred
- $9,112
- Nontaxable benefits
- $30,892
- Filer's total
- $257,373
-
Roy KamphausenROY KAMPHAUSEN
PRESIDENT (THRU 06/24)
- Total calculated
- $151,449
- From this org
- $147,004
- From related orgs
- $0
- Other
- $4,445
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $142,811
- Bonus
- $2,188
- Other
- $2,005
- Deferred
- $3,640
- Nontaxable benefits
- $805
- Filer's total
- $151,449
-
John V RindlaubJOHN V RINDLAUB
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Quentin W KuhrauQUENTIN W KUHRAU
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Ho-Young AhnHO-YOUNG AHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard J EllingsRICHARD J ELLINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan GreenertJONATHAN GREENERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charles HooperCHARLES HOOPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melody MeyerMELODY MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Long NguyenLONG NGUYEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Huan NguyenHUAN NGUYEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth B PyleKENNETH B PYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan RobertsJONATHAN ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom RobertsonTOM ROBERTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia WatsonCYNTHIA WATSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas W AlbrechtTHOMAS W ALBRECHT
DIRECTOR (THRU 05/24)
- Total calculated
- $0
- Hours/week
- 1
-
Kurt GlaubitzKURT GLAUBITZ
DIRECTOR (THRU 05/24)
- Total calculated
- $0
- Hours/week
- 1
-
Mitchell WaldmanMITCHELL WALDMAN
DIRECTOR (THRU 05/24)
- Total calculated
- $0
- Hours/week
- 1
-
Jennie MattinglyJENNIE MATTINGLY
VICE PRESIDENT
- Total calculated
- $118,344
- From this org
- $112,281
- From related orgs
- $0
- Other
- $6,063
- Hours/week
- 36
-
Alison SzalwinskiALISON SZALWINSKI
VICE PRESIDENT (THRU 11/24)
- Total calculated
- $116,727
- From this org
- $111,237
- From related orgs
- $0
- Other
- $5,490
- Hours/week
- 40
-
Karolos KarnikisKAROLOS KARNIKIS
SENIOR VP, INFORMATION MAN
- Total calculated
- $193,463
- From this org
- $162,060
- From related orgs
- $0
- Other
- $31,403
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,521
- Bonus
- $4,539
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $31,403
- Filer's total
- $193,463
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
- 3 · Approval by the board or compensation committee
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CREEK I LLC
INVESTMENT HOLDINGS · WA · income $0 · assets $0
Directly controlled by NATIONAL BUREAU OF ASIAN RESEARCH
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349321684
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