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← EXECUTIVE MBA COUNCIL GRAD SCHOOL OF BUS COLUMBIA UNIV

Form 990 for tax year 2023

Filed by EXECUTIVE MBA COUNCIL GRAD SCHOOL OF BUS COLUMBIA UNIV.

Totals

Total revenue
$1,113,031
Total expenses
$1,074,093
Contributions and grants received
$523,586
Grants paid
$0
Program service revenue
$492,247
Investment income
$97,198
Other revenue
$0
Total assets, end of year
$2,440,843
Total liabilities, end of year
$9,475
Net assets or fund balances, end of year
$2,431,368
Program services expenses (Part IX)
$448,832
Management and general expenses
$625,261
Fundraising expenses
$0
Program service expenses (Part III)
$448,832

Program services were 41.8% 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.

  • 1f · All other contributions, gifts and grants

    $523,586

  • 2a · Program service revenue: CONFERENCE INCOME

    total $406,827 · related or exempt $406,827

  • 2b · Program service revenue: EDUCATIONAL OFFERING

    total $82,860 · related or exempt $82,860

  • 2c · Program service revenue: PUBLICATIONS INCOME

    total $2,560 · related or exempt $2,560

  • 3 · Investment income

    total $97,198 · excluded $97,198

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $266,594 · management and general $266,594

  • 17 · Travel

    total $88,330 · program services $88,330

  • 24a · Other expenses: MANAGEMENT EXPENSE

    total $274,406 · management and general $274,406

  • 24b · Other expenses: PROGRAM EXPENSE - ANNUA

    total $239,455 · program services $239,455

  • 24c · Other expenses: MISC ADMIN EXPENSE AND

    total $84,261 · management and general $84,261

  • 24d · Other expenses: EDUCATIONAL OFFERING

    total $63,597 · program services $63,597

  • 24e · All other expenses

    total $57,450 · program services $57,450

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $241,608 · end of year $186,002

  • 2 · Savings and temporary cash investments

    beginning of year $2,191,072 · end of year $2,254,841

  • 19 · Deferred revenue

    beginning of year $40,250 · end of year $9,475

  • 29 · Capital stock, trust principal or current funds

    beginning of year $141,953 · end of year $141,953

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,250,477 · end of year $2,289,415

Mission and programs · 2023

Mission

SEE SCHEDULE O, NOTE ONE

Activities or mission (Part I)

TO FOSTER EXCELLENCE AND INNOVATION IN EXECUTIVE MBA PROGRAMS IN A GLOBALLY COMPETITIVE ENVIRONMENT. IN PURSUIT OF THIS MISSION, EMBA COUNCIL WILL SUPPORT ACADEMIC AND PROGRAM ADMINISTRATORS IN RESPONDING TO AND SERVING THE EDUCATIONAL NEEDS OF THE DIVERSE GROUP OF PROFESSIONALS WHO COMPRISE ITS STUDENT POPULATION.

  • TO PROVIDE EDUCATIONAL MATERIAL TO MEMBERS AND MEMBER SCHOOLS.

    Expenses $63,597 · Revenue $82,860

  • ANNUAL CONFERENCE FOR UNIVERSITIES OFFERING OR INTERESTED IN EXECUTIVE MBA PROGRAMS AS WELL AS OTHER EDUCATIONAL OFFERINGS.

    Expenses $239,455 · Revenue $406,827

  • BENCHMARKING

    Expenses $57,450

  • TO ORGANIZE AND ASSIST WITH REGIONAL MEETINGS FOR EMBA PROGRAM DIRECTORS TO MEET NEW COLLEAGUES, NETWORK WITHIN THEIR GEOGRAPHIC REGIONS, AND HAVE A CHANCE TO SEE OTHER CAMPUSES. THE MEETINGS ALSO OFFER AN OPPERTUNITY TO INCLUDE STAFF AND FACULTY THAT ARE UNABLE TO TRAVEL TO THE EMBA COUNCIL'S ANNUAL MEETING. TRAVEL TO THE REGIONAL MEETINGS AND MEMBER SCHOOLS TO DELIVER PRESENTATIONS ABOUT THE INDUSTRY. TRAVEL FOR STAFF AND BOARD MEMBERS FOR REQUIRED BOARD MEETINGS TO PROVIDE OPERATIONS AND BUDGET UPDATES AND DISCUSS STRATEGIES.THE COUNCIL ALSO PROVIDES PUBLICATIONS TO ALLOW MEMBERS TO ADVERTISE FOR A NOMINAL FEE AS A WAY OF PROMOTING THEIR SCHOOL, SERVICES, ETC.

    Expenses $88,330 · Revenue $1,960

  • EDUCATIONAL OFFERING

  • POSTAGE AND SHIPPING

  • MARKETING EXPENSE

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Elodie Luquiet

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Michael Alexander

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Arnold Longboy

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Jaclyn Conner

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Hayley Pearson

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Joe Stephens

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Barbara Craft

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Collette Feldges

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Wendy Tsung

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Patricia Carnicero

    BOARD

    Total calculated
    $0
    Hours/week
    0

  • Jennifer Weiss

    BOARD

    Total calculated
    $0
    Hours/week
    0

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.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 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.

Provenance

Return type
form_990
Tax year
2023
Filed
10 April 2024
IRS schema version
2023v5.0
Source object
202431029349300618

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