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THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT

EIN 86-0105586 PHOENIX, AZ

Revenue 2024
$5,677,571
Expenses 2024
$3,679,940

Program services were 87.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B500
Classification
2000
Street
401 N 1ST ST MC-2121

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO EDUCATE GLOBAL LEADERS WHO CREATE SUSTAINABLE PROSPERITY WORLDWIDE.

  • PROVIDED AN EDUCATION TO EXECUTIVE EDUCATION STUDENTS AND WOMEN'S ENTREPRENEURIAL PROGRAMS WORLDWIDE.

    Expenses $3,209,334 · Grants $200,000 · Revenue $4,032,480

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Morgan Olsen

    CHAIRMAN, VP & TREASURER

    Total calculated
    $1,167,038
    From this org
    $0
    From related orgs
    $1,104,247
    Other
    $62,791
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $587,699 related
    Bonus
    $0
    Other
    $0 + $516,548 related
    Deferred
    $0 + $44,850 related
    Nontaxable benefits
    $0 + $17,941 related
    Filer's total
    $0 + $1,167,038 related

  • Jim O'Brien

    TRUSTEE

    Total calculated
    $788,033
    From this org
    $0
    From related orgs
    $737,719
    Other
    $50,314
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $475,153 related
    Bonus
    $0 + $90,000 related
    Other
    $0 + $172,566 related
    Deferred
    $0 + $44,850 related
    Nontaxable benefits
    $0 + $5,464 related
    Filer's total
    $0 + $788,033 related

  • Nancy Gonzales

    VICE PRESIDENT

    Total calculated
    $1,089,234
    From this org
    $0
    From related orgs
    $953,681
    Other
    $135,553
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $648,730 related
    Bonus
    $0 + $180,000 related
    Other
    $0 + $124,951 related
    Deferred
    $0 + $130,206 related
    Nontaxable benefits
    $0 + $5,347 related
    Filer's total
    $0 + $1,089,234 related

  • Sally Morton

    TRUSTEE

    Total calculated
    $1,045,357
    From this org
    $0
    From related orgs
    $986,705
    Other
    $58,652
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $615,455 related
    Bonus
    $0
    Other
    $0 + $371,250 related
    Deferred
    $0 + $44,850 related
    Nontaxable benefits
    $0 + $13,802 related
    Filer's total
    $0 + $1,045,357 related

  • Lisa Loo

    SECRETARY

    Total calculated
    $655,042
    From this org
    $0
    From related orgs
    $613,907
    Other
    $41,135
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $491,372 related
    Bonus
    $0
    Other
    $0 + $122,535 related
    Deferred
    $0 + $34,674 related
    Nontaxable benefits
    $0 + $6,461 related
    Filer's total
    $0 + $655,042 related

  • Matthew Smith

    VICE PRESIDENT

    Total calculated
    $340,752
    From this org
    $0
    From related orgs
    $314,239
    Other
    $26,513
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $299,239 related
    Bonus
    $0 + $15,000 related
    Other
    $0
    Deferred
    $0 + $22,247 related
    Nontaxable benefits
    $0 + $4,266 related
    Filer's total
    $0 + $340,752 related

  • Anjali B Halabe

    VP & ASSISTANT TREASURER

    Total calculated
    $437,677
    From this org
    $0
    From related orgs
    $411,810
    Other
    $25,867
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $396,810 related
    Bonus
    $0 + $15,000 related
    Other
    $0
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $1,717 related
    Filer's total
    $0 + $437,677 related

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $5,677,571
    Expenses
    $3,679,940
    Contributions
    $1,645,091
    Grants paid
    $200,000
  • 2023
    Revenue
    $4,152,858
    Expenses
    $3,936,087
    Contributions
    $569,107
    Grants paid
    $0
  • 2022
    Revenue
    $3,287,185
    Expenses
    $3,501,696
    Contributions
    $380,258
    Grants paid
    $150,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $2,655,898
    Expenses
    $3,439,381
    Assets (EOY)
    $4,676,720

  • 2020 · 990

    Revenue
    $22,980,212
    Expenses
    $37,108,519
    Assets (EOY)
    $4,648,363

  • 2019 · 990

    Revenue
    $10,253,946
    Expenses
    $6,938,853
    Assets (EOY)
    $18,865,988

  • 2014 · 990

    Revenue
    $35,372,081
    Expenses
    $34,898,701
    Assets (EOY)
    $60,586,664

  • 2013 · 990

    Revenue
    $61,528,270
    Expenses
    $64,217,606
    Assets (EOY)
    $79,145,031

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $73,065,258
    Assets (EOY)
    $79,885,133

  • 2011 · 990

    Revenue
    not reported
    Expenses
    $77,838,025
    Assets (EOY)
    $89,225,660

  • 2010 · 990

    Revenue
    not reported
    Expenses
    $69,664,543
    Assets (EOY)
    $94,425,353

  • 2009 · 990

    Revenue
    not reported
    Expenses
    $64,915,727
    Assets (EOY)
    $87,489,108

  • 2009 · 990

    Revenue
    not reported
    Expenses
    $64,915,727
    Assets (EOY)
    $87,489,108

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

  • ARIZONA STATE UNIVERSITY

    $200,000

    2024 TO PROVIDE SUPPORT FOR THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT AT ASU

  • ARIZONA STATE UNIVERSITY

    $0

    2022 TO PROVIDE SUPPORT FOR THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT AT ASU

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

  • ARIZONA STATE UNIVERSITY

    115 · EDUCATION · AZ

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

  • THUNDERBIRD EUROPE ONE LLC

    HOLDING CO · AZ

  • THUNDERBIRD EUROPE TWO LLC

    HOLDING CO · AZ

  • THUNDERBIRD WORLDWIDE LLC

    HOLDING CO · AZ

Related partnerships on its 2024 return

  • THUNDERBIRD WORLDWIDE KAZAKHSTAN LLP

    NONE · EDUCATION · KZ · 100% owned · share of income $2,021 · share of assets $151,711

Related corporations and trusts on its 2024 return

  • RUSSIAN BUSINESS SKILLS DEVELOPMENT

    C · HOLDING CO · DE · 100% owned · controlled entity

  • THUNDERBIRD ASIA CORPORATION

    C · EDUCATION · AZ · 100% owned · controlled entity

  • THUNDERBIRD EUROPE SARL

    C · EDUCATION · SZ · 100% owned · share of income $9,055 · share of assets $2,710,944 · controlled entity

  • THUNDERBIRD INTERNATIONAL

    C · HOLDING CO · AZ · 100% owned

  • THUNDERBIRD CBSD CORP

    C · HOLDING CO · AZ · 100% owned

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.