INSTITUTE OF INTERNATIONAL FINANCE INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- INSTITUTE OF INTERNATIONAL FINANCE INC (EIN 52-1289843)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-12
- IRS object ID
- 202441949349300444
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-12T14:40:04-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 111986323 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L STREET NW SUITE 850 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521289843 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE OF INTERNATIONAL FINANCE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INST | BusinessNameControlTxt |
| Phone | 2028573600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H STREET NW 800E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARRIE ORELLANA | PersonNm |
| Person Title | MANAGING DIRECTOR | PersonTitleTxt |
| Phone | 2028573600 | PhoneNum |
| Signature | 2024-07-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BARRIE | PersonFirstNm |
| Person Last | ORELLANA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK H SMITH | PreparerPersonNm |
| PTIN | P00639053 | PTIN |
| Phone | 2022274000 | PhoneNum |
| Preparation | 2024-07-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TIMOTHY D ADAMS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H STREET NW 800E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $43,511,445 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.IIF.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT FINANCIAL INDUSTRY IN PRUDENTLY MANAGING RISKS AND TO FOSTER GLOBAL FINANCIAL STABILITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 48 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 47 | VotingMembersIndependentCnt |
| Total Employee | 75 | TotalEmployeeCnt |
| Total Volunteers | 51 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $250,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $30,741,239 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $32,685,178 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,411,483 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,757,909 | CYInvestmentIncomeAmt |
| PY Other Revenue | $97,970 | PYOtherRevenueAmt |
| CY Other Revenue | $92,142 | CYOtherRevenueAmt |
| PY Total Revenue | $32,250,692 | PYTotalRevenueAmt |
| CY Total Revenue | $34,785,229 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $23,095,384 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $23,388,790 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,509,983 | PYOtherExpensesAmt |
| CY Other Expenses | $10,342,999 | CYOtherExpensesAmt |
| PY Total Expenses | $32,605,367 | PYTotalExpensesAmt |
| CY Total Expenses | $33,731,789 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$354,675 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,053,440 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $42,189,455 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,901,723 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,755,165 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,307,885 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,434,290 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $28,593,838 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | IIF'S ECONOMIC RESEARCH DEPARTMENT CONTINUES TO LEAD IN THE FIELD OF MACROECONOMIC RESEARCH FOR EMERGING MARKETS. OUR PRIMARY PUBLICATION, GLOBAL MACRO VIEWS (GMV), ALONG WITH REPORTS SPECIFIC TO INDIVIDUAL COUNTRIES, HAVE CENTERED ON IMPORTANT THEMES WITHIN THE BACKDROP OF THE PERSISTENT GLOBAL GEOPOLITICAL UNCERTAINTY. KEY THEMES AND REPORTS FOR 2023 INCLUDED ANALYSIS ABOUT INFLATION AND OUR VIEW THAT IT WAS COMING DOWN FASTER THAN ANTICIPATED, TIMELY INTERVENTIONS ABOUT POTENTIAL SPILLOVER SCENARIOS FROM THE CONFLICT IN GAZA, DEVELOPING ECONOMIC ANALYSIS ABOUT THE SUDDEN CHANGES IN CHINA'S ECONOMIC FORTUNE DURING THE YEAR AND PROVIDING MEMBERS REAL-TIME ANALYSIS ON ECONOMIC POLICY IN COUNTRIES SUCH AS TURKEY AND ARGENTINA THAT HAD IMPORTANT ELECTIONS. GOING FORWARD WE WILL FOCUS ON GEOPOLITICAL VULNERABILITIES, CAPITAL FLOWS OUTLOOK FOR EMERGING MARKETS, CHINA, THE US RECOVERY, AND FINANCIAL DEEPENING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AS REGULATORS EXAMINED POLICY FOLLOWING THIS YEAR'S FINANCIAL MARKET STRESS, WE HAVE ENGAGED AND RESPONDED TO KEY CONSULTATIONS ACROSS JURISDICTIONS, ENSURING POLICIES PROMOTE EFFICIENT CAPITAL MARKETS AND THE MOBILIZATION OF INVESTMENT AND SAVINGS FOR THE BENEFIT OF LOCAL ECONOMIES. IN 2023, WE RESPONDED TO MORE THAN 30 CONSULTATIONS FROM THE BCBS, CPMI, EBA, EIOPA, FATF, FSB, FSOC, IAIS AND UK TREASURY. IN ADDITION, WE'VE ENGAGED THE BCBS AND NATIONAL AUTHORITIES TO ENSURE PROPERLY COORDINATED FINAL IMPLEMENTATION OF THE BASEL III STANDARDS AND THE PRESERVATION OF A LEVEL PLAYING FIELD. OF NOTE, THE IIF STAFF PAPER "PRUDENTIAL REGULATORY POLICY AND THE IMPLICATIONS FOR THE FINANCIAL SECTOR AND THE ECONOMY" DISCUSSES THE INCREASED CAPITAL THAT WILL RESULT FROM BASEL III IMPLEMENTATION. IN ADDITION, GLOBAL STANDARD SETTING BODIES AND NATIONAL AND REGIONAL REGULATORY AND SUPERVISORY AUTHORITIES CONTINUE TO FOCUS ON NON-BANK FINANCIAL INTERMEDIATION (NBFI), WITH FINANCIAL STABILITY RISKS FROM NBFI LEVERAGE BEING A KEY AREA OF THE FSB'S POLICY FOCUS IN 2024. IIF HAS ENGAGED OUR MEMBERSHIP ON THIS TOPIC AND INTO 2024, THE IIF WILL ENGAGE AND HELP INFORM APPROACHES AS THEY ARE DEVELOPED, PARTICULARLY ON THE ISSUE OF PRIVATE CREDIT. ON OTHER KEY REGULATORY ISSUES, WE HAVE ADVOCATED FOR PRAGMATIC APPROACHES THAT REFLECT THE UNIQUE FEATURES OF THE INSURANCE SECTOR AS THE FSB AND THE IAIS CONTINUE THEIR WORK ON GLOBAL APPROACHES TO CAPITAL AND SYSTEMIC RISK, RESPONDING TO KEY IAIS CONSULTATIONS ON CLIMATE GUIDANCE AND THEIR FOUR-YEAR STRATEGIC PLAN. IN ADDITION, WE REMAINED FOCUSED ON AML/ FINANCIAL CRIME ISSUES, FOCUSING ON THREE AREAS OF SYSTEMIC EFFECTIVENESS: POLICY REFORM REGULATORY ENGAGEMENT; ENGAGEMENT IN INDUSTRY DIALOGUE AND TECHNOLOGY ENHANCEMENTS. IN 2023, WE'VE CONTINUED OUR THOUGHT LEADERSHIP PARTNERSHIP WITH DELOITTE TO DELIVER A SERIES OF WHITE PAPERS ON FINANCIAL CRIME REFORM PROGRESS AND RECOMMENDATIONS FOR NEXT STEPS. FINALLY, WE'VE CONTINUED OUR EFFORTS OF COORDINATION IN BOTH FINANCIAL REGULATIONS REGARDING CYBER RISK MANAGEMENT AND IN THE DEVELOPMENT OF OPERATIONAL RESILIENCE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IN 2023, OUR FOCUS ON SUSTAINABLE FINANCE HAS MOVED FROM GOAL SETTING TO HELPING SUPPORT OUR MEMBERS AS THEY OPERATIONALIZE SUSTAINABILITY AND NET ZERO GOALS ACROSS DISCLOSURE, REPORTING, AND STRATEGIC PLANNING- ENSURING JURISDICTIONAL REQUIREMENTS ARE INTEROPERABLE AND DO NOT RELY ON HIGHER CAPITAL LEVELS FOR CLIMATE RISK. WE'VE PROMOTED A COMPREHENSIVE DEFINITION OF TRANSITION FINANCE THAT RECOGNIZES WHERE INSTITUTIONS ARE IN THEIR TRANSITION JOURNEY, AND, HAVE SUPPORTED MEMBERS ON THAT JOURNEY. IN 2023, WE'VE HELD 11 TRANSITION FINANCE WORKSHOPS GLOBALLY, FROM MILAN TO KUALA LUMPUR, ENGAGING MORE THAN 460 PARTICIPANTS. WE'VE RECENTLY PUBLISHED "THE ROLE OF THE FINANCIAL SECTOR IN THE NET ZERO TRANSITION", WHICH WE HAVE USED TO ENGAGE REGULATORS AND SUPERVISORS GLOBALLY, INCLUDING THE EUROPEAN SYSTEMIC RISK BOARD AND THE JAPANESE FINANCIAL SERVICES AGENCY, EMPHASIZING THAT TRANSITION PLANS ARE A TOOL OF BUSINESS STRATEGY RATHER THAN RISK MANAGEMENT. THIS YEAR IN Q4, WE'VE ALSO LAUNCHED OUR NATURE RELATED FINANCE WORKING GROUP TO STRONG MEMBER INTEREST. REGARDING OUR WORK ON SOVEREIGN DEBT, IN 2023 IIF WAS NAMED A PRIVATE SECTOR REPRESENTATIVE TO THE IMF'S GLOBAL SOVEREIGN DEBT ROUNDTABLE (GSDR) ALONGSIDE ICMA, BLACKROCK AND STANDARD CHARTEREDWE HAVE SHARED DEVELOPMENTS WITH OUR MEMBERS AND HAVE BEEN AN INTERMEDIATOR FOR DISCUSSIONS BETWEEN THE PRIVATE AND OFFICIAL SECTORS, AS THE USE OF THE COMMON FRAMEWORK IS TESTED AND CHALLENGED. WE'VE PROMOTED GLOBAL EFFORTS TO ENHANCE THE INTERNATIONAL SOVEREIGN DEBT ARCHITECTURE WHILE CLOSELY MONITORING IMPLEMENTATION OF THE RECENTLY UPDATED IIF PRINCIPLES FOR STABLE CAPITAL FLOWS AND FAIR DEBT RESTRUCTURING. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| DescDesc |
|---|
| TO HELP RESPOND TO THE INCREASED ATTENTION TO, AND RAPID DEVELOPMENT OF, AI, THE IIF HAS AND WILL CONTINUE TO INCREASE RESOURCES DEDICATED TO AI WITH EVENTS, AN EXPANDED, RECENTLY RELEASED AI/ MACHINE LEARNING SURVEY AND INCREASED WORKING GROUP ATTENTION. OVER THE COURSE OF 2023, THE IIF HAS STRENGTHENED ITS ROLE AS A KEY INDUSTRY PARTNER AND INTERLOCUTER TO THE BIS AS THEY EXPLORE MULTI-ASSET INTERNATIONAL DIGITAL FINANCIAL INFRASTRUCTURE, HELPING INFORM POLICYMAKERS AND CENTRAL BANK EFFORTS ON CBDCS, TOKENIZED DEPOSITS, TOKENIZED ASSETS AND NEW GLOBAL STANDARDS FOR DIGITAL ASSETS. |
| IN 2023, WE ALSO DELIVERED WORLD-CLASS PROGRAMMING AND EVENTS, GLOBALLY, INCLUDING THE IIF SUSTAINABLE FINANCE SUMMIT IN TOKYO, THE EUROPEAN SUMMIT IN BRUSSELS, VARIOUS FORA DEDICATED TO AUSTRALIA, CANADA, CENTRAL AND EASTERN AND EUROPE, AS WELL AS A SERIES OF ROUNDTABLES DURING THE IMF/WB SPRING MEETINGS. OUR ANNUAL MEMBERSHIP MEETING WAS SUCCESSFULLY HOSTED IN MARRAKESH, AND FOR THE FIRST TIME, WE NAMED AN OFFICIAL CHARITY TO SUPPORT RELIEF EFFORTS IN MORROCCO FOLLOWING SEPTEMBER'S EARTHQUAKE. WE PLAN TO CONTINUE THIS PRACTICE GOING FORWARD. OUR MEMBERS CONTINUE TO BE ENTHUSIASTIC (OVER 8,800+ ATTENDEES) AND WIDESPREAD (REPRESENTING 111 COUNTRIES), AND WE REMAIN FOCUSED ON THE IMPORTANCE OF SHOWCASING DIVERSE VOICES WITH OVER 1,000 SPEAKERS PARTICIPATING IN OUR EVENTS (356 OF WHOM WERE FEMALE - APPROXIMATELY 33% OF ALL SPEAKERS) ACROSS OUR 137 IIF EVENTS THIS YEAR, WE ALSO HAD A GREAT TURNOUT OF OVER +1,600 PUBLIC SECTOR OFFICIALS, INCLUDING THE GOVERNORS OF THE BANK OF ENGLAND AND THE BANK OF SPAIN AS SPEAKERS, AND NUMEROUS OTHER CENTRAL BANK AND FINANCE MINISTRY OFFICIALS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 26 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 75 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CH | ForeignCountryCd |
| Foreign Country | SN | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 48 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 47 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARRIE ORELLANA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2028573316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H STREET NW 800E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (63 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| TIMOTHY D ADAMS | ||||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | Yes (X) | $3,262,578 | $0 | $55,295 | ||
| ANA BOTIN | ||||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SIM TSHABALALA | ||||||||
| VICE CHAIR AND TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHEL M LIES | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PIYUSH GUPTA | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| OLIVER BATE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS BUBERL | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIBALD CERNKO | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SIQING CHEN | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| HOWARD DAVIES | ||||||||
| BOARD DIRECTOR AS OF 10/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN DUGAN | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SERGIO ERMOTTI | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MILTON MALUHY FILHO | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS FLINT | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| AKIHIRO FUKUTOME | ||||||||
| BOARD DIRECTOR AS OF 3/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SAEED AL-GHAMDI | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KARL GUHA | ||||||||
| BOARD DIRECTOR AS OF 10/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER KING | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MASAHIRO KIHARA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MANFRED KNOF | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ABDULLA AL-KHALIFA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SLAWOMIR KRUPA | ||||||||
| BOARD DIRECTOR AS OF 5/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| AXEL LEHMANN | ||||||||
| BOARD DIRECTOR UNTIL 4/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JEAN LEMIERRE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID MCKAY | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KANETSUGU MIKE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JUAN CARLOS MORA URIBE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RONALD O'HANLEY | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TETSUO OHKUBO | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| FREDERIC OUDEA | ||||||||
| BOARD DIRECTOR UNTIL 5/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PIETRO CARLO PADOAN | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD PICK | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL PINTO | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNE RICHARDS | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ALISON ROSE | ||||||||
| BOARD DIRECTOR UNTIL 7/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| HANA AL-ROSTAMANI | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SUZAN SABANCI | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES SCHARF | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTIAN SEWING | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| OLAUG SVARVA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MAKOTO TAKASHIMA | ||||||||
| BOARD DIRECTOR UNTIL 3/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSICA TAN | ||||||||
| BOARD DIRECTOR UNTIL 12/23 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHAN TORGEBY | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CARLOS TORRES-VILA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK TUCKER | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SHRITI VADERA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| C S VENKATAKRISHNAN | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSE VINALS | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBIN VINCE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN WALDRON | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SHEMARA WIKRAMANAYAKE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| HELEN WONG | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BARRIE ORELLANA | ||||||||
| MANAGING DIRECTOR | 40.00 | Yes (X) | $609,517 | $0 | $55,295 | |||
| CLAY LOWERY | ||||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | $1,253,797 | $0 | $55,295 | Yes (X) | |||
| ANDRES PORTILLA | ||||||||
| MANAGING DIRECTOR | 40.00 | $969,604 | $0 | $55,201 | Yes (X) | |||
| SONJA GIBBS | ||||||||
| MANAGING DIRECTOR | 40.00 | $788,147 | $0 | $33,251 | Yes (X) | |||
| ROBIN BROOKS | ||||||||
| MANAGING DIRECTOR | 40.00 | $735,055 | $0 | $41,462 | Yes (X) | |||
| JESSICA RENIER | ||||||||
| MANAGING DIRECTOR | 40.00 | $715,933 | $0 | $41,462 | Yes (X) | |||
| CHRISTOPHER FULGHUM | ||||||||
| MANAGING DIRECTOR | 40.00 | $603,180 | $0 | $55,295 | Yes (X) | |||
| ELIZABETH ROBERTS | ||||||||
| GC AND BOARD SECRETARY | 40.00 | $608,504 | $0 | $33,000 | Yes (X) | |||
| MARTIN BOER | ||||||||
| SENIOR DIRECTOR | 40.00 | $592,794 | $0 | $48,327 | Yes (X) | |||
| RICHARD GRAY | ||||||||
| DIR., PRUDENTIAL POLICY | 40.00 | $540,786 | $0 | $51,127 | Yes (X) | |||
| MARY FRANCES MONROE | ||||||||
| DIR., INSURANCE REG. AND POLICY | 40.00 | $553,573 | $0 | $33,864 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $11,233,468 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $558,874 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 50 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd | ServicesServicesDesc | CompensationCompensationAmt | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|
| WOLFGANG ENGEL | ||||||
| REISBERGERWEG 7 83700 | ROTTACHEGERN | GM | 83700 | PROGRAM SERVICES CONSULTANT | $496,500 | |
| JEREMY MCDANIELS | ||||||
| 14 UNGARNSGADE 5 SAL | COPENHAGEN | DA | 2300 | PROGRAM SERVICES CONSULTANT | $302,067 | |
| GREYSTROKE SRLBV | ||||||
| RUE FRANCOIS STROOBANT 36 | BRUSSELS | BE | B-1050 | PROGRAM SERVICES CONSULTANT | $286,877 | IXELLES |
| LAURENCE F WHITE | ||||||
| 105 MCCONNELL STREET | KENSINGTON | AS | VIC 3031 | PROGRAM SERVICES CONSULTANT | $127,101 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $250,000 | AllOtherContributionsAmt |
| Total Contributions | $250,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| MEMBERSHIP DUES | 900099 | $30,423,015 | $30,423,015 | |
| SPONSORSHIP INCOME | 900099 | $1,676,882 | $1,676,882 | |
| PROGRAM & SERVICE FEES | 900099 | $373,320 | $373,320 | |
| REGISTRATION FEE INCOME | 900099 | $211,961 | $211,961 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $32,685,178 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,477,247 | TotalRevenueColumnAmt |
| Exclusion | $1,477,247 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,006,878 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,726,216 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $280,662 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $280,662 | TotalRevenueColumnAmt |
| Exclusion | $280,662 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $92,142 | TotalRevenueColumnAmt |
| Exclusion | $92,142 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $92,142 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,785,229 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,008,296 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,526,933 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,671,893 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,661,270 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,021,215 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,108,888 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $925,524 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,333 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,425 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,291 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,326,762 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,855 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,612 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,603,523 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,549,423 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,857,603 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,469 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,575 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| SUBSCRIPTIONS/BOOKS | $656,950 |
| EXCISE TAXES | $427,267 |
| STAFF DEVELOPMENT | $233,233 |
| TAXES AND FEES | $134,053 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,625 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,731,789 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,930 | BOYAmt |
| EOY | $122,731 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,167,915 | BOYAmt |
| EOY | $12,438,588 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $828,906 | BOYAmt |
| EOY | $796,578 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $706,152 | BOYAmt |
| EOY | $663,493 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,141,462 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,315,506 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $772,485 | BOYAmt |
| EOY | $825,956 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,338,498 | BOYAmt |
| EOY | $24,723,046 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,319,569 | BOYAmt |
| EOY | $1,331,331 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,189,455 | BOYAmt |
| EOY | $40,901,723 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,407,263 | BOYAmt |
| EOY | $1,168,766 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,913,212 | BOYAmt |
| EOY | $9,536,199 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,434,690 | BOYAmt |
| EOY | $1,602,920 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,755,165 | BOYAmt |
| EOY | $12,307,885 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,434,290 | BOYAmt |
| EOY | $28,593,838 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,434,290 | BOYAmt |
| EOY | $28,593,838 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,189,455 | BOYAmt |
| EOY | $40,901,723 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,053,440 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,106,108 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,134,751 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,466,648 | DepreciationAmt |
| Book Value | $668,103 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,657,931 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,533,882 | DepreciationAmt |
| Book Value | $124,049 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $348,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $314,976 | DepreciationAmt |
| Book Value | $33,804 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $825,956 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $1,602,920 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,602,920 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31,2023 AND 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | 2 | PROGRAM SERVICES | MEMBER OUTREACH | $329,253 |
| EAST ASIA AND THE PACIFIC | 2 | 5 | PROGRAM SERVICES | MEMBER OUTREACH | $1,090,829 |
| MIDDLE EAST AND NORTH AFRICA | 1 | 1 | PROGRAM SERVICES | MEMBER OUTREACH | $695,223 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 4 | SubtotalOfficesCnt |
| Subtotal Employees | 8 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 4 | TotalOfficeCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Subtotal Spent | $2,115,305 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $2,115,305 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3: | FormAndLineReferenceDesc |
| Explanation | IIF REPORTED THE EXPENDITURES BASED ON THE ACCOUNTING METHOD USED IN ITS AUDITED FINANCIAL STATEMENTS WHICH IS AN ACCRUAL BASIS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMOTHY D ADAMS | ||||||||||||||
| PRESIDENT/CEO | $1,388,347 | $0 | $1,600,000 | $0 | $274,231 | $0 | $33,000 | $0 | $22,295 | $0 | $3,317,873 | $0 | $0 | $0 |
| CLAY LOWERY | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $532,571 | $0 | $652,239 | $0 | $68,987 | $0 | $33,000 | $0 | $22,295 | $0 | $1,309,092 | $0 | $0 | $0 |
| ANDRES PORTILLA | ||||||||||||||
| MANAGING DIRECTOR | $443,203 | $0 | $455,481 | $0 | $70,920 | $0 | $33,000 | $0 | $22,201 | $0 | $1,024,805 | $0 | $0 | $0 |
| SONJA GIBBS | ||||||||||||||
| MANAGING DIRECTOR | $359,175 | $0 | $358,211 | $0 | $70,761 | $0 | $33,000 | $0 | $251 | $0 | $821,398 | $0 | $0 | $0 |
| ROBIN BROOKS | ||||||||||||||
| MANAGING DIRECTOR | $381,816 | $0 | $288,208 | $0 | $65,031 | $0 | $33,000 | $0 | $8,462 | $0 | $776,517 | $0 | $0 | $0 |
| JESSICA RENIER | ||||||||||||||
| MANAGING DIRECTOR | $341,321 | $0 | $311,400 | $0 | $63,212 | $0 | $33,000 | $0 | $8,462 | $0 | $757,395 | $0 | $0 | $0 |
| BARRIE ORELLANA | ||||||||||||||
| MANAGING DIRECTOR | $274,787 | $0 | $283,390 | $0 | $51,340 | $0 | $33,000 | $0 | $22,295 | $0 | $664,812 | $0 | $0 | $0 |
| CHRISTOPHER FULGHUM | ||||||||||||||
| MANAGING DIRECTOR | $285,920 | $0 | $267,194 | $0 | $50,066 | $0 | $33,000 | $0 | $22,295 | $0 | $658,475 | $0 | $0 | $0 |
| ELIZABETH ROBERTS | ||||||||||||||
| GC AND BOARD SECRETARY | $353,995 | $0 | $229,642 | $0 | $24,867 | $0 | $33,000 | $0 | $0 | $0 | $641,504 | $0 | $0 | $0 |
| MARTIN BOER | ||||||||||||||
| SENIOR DIRECTOR | $302,632 | $0 | $255,463 | $0 | $34,699 | $0 | $33,000 | $0 | $15,327 | $0 | $641,121 | $0 | $0 | $0 |
| RICHARD GRAY | ||||||||||||||
| DIR., PRUDENTIAL POLICY | $280,651 | $0 | $200,373 | $0 | $59,762 | $0 | $33,000 | $0 | $18,127 | $0 | $591,913 | $0 | $0 | $0 |
| MARY FRANCES MONROE | ||||||||||||||
| DIR., INSURANCE REG. AND POLICY | $311,007 | $0 | $207,952 | $0 | $34,614 | $0 | $33,000 | $0 | $864 | $0 | $587,437 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION OF MISSION: | THE MISSION OF THE INSTITUTE IS TO SUPPORT THE FINANCIAL INDUSTRY IN PRUDENTLY MANAGING RISKS, INCLUDING SOVEREIGN RISK; IN DEVELOPING BEST PRACTICES AND STANDARDS; AND IN ADVOCATING REGULATORY, FINANCIAL, AND ECONOMIC POLICIES THAT ARE IN THE BROAD INTEREST OF ITS MEMBERS AND FOSTER GLOBAL FINANCIAL STABILITY. IN FULFILLING THIS MISSION, THE INSTITUTE'S MAIN ACTIVITIES ARE TO: PROVIDE HIGH-QUALITY, TIMELY, AND IMPARTIAL ANALYSIS AND RESEARCH TO ITS MEMBERS ON EMERGING MARKETS AND OTHER CENTRAL ISSUES IN GLOBAL FINANCE; SYSTEMATICALLY IDENTIFY, ANALYZE, AND SHAPE REGULATORY, FINANCIAL, AND ECONOMIC POLICY ISSUES OF RELEVANCE TO ITS MEMBERS GLOBALLY OR REGIONALLY; DEVELOP AND ADVANCE REPRESENTATIVE VIEWS AND CONSTRUCTIVE PROPOSALS THAT INFLUENCE THE PUBLIC DEBATE ON PARTICULAR POLICY PROPOSALS, INCLUDING THOSE OF MULTILATERAL AGENCIES, AND BROAD THEMES OF COMMON INTEREST TO PARTICIPANTS IN GLOBAL FINANCIAL MARKETS; WORK WITH POLICYMAKERS, REGULATORS, AND MULTILATERAL ORGANIZATIONS TO STRENGTHEN THE EFFICIENCY, TRANSPARENCY, STABILITY AND COMPETITIVENESS OF THE GLOBAL FINANCIAL SYSTEM, WITH AN EMPHASIS ON VOLUNTARY MARKET-BASED APPROACHES TO CRISIS PREVENTION AND MANAGEMENT; PROMOTE THE DEVELOPMENT OF SOUND FINANCIAL SYSTEMS, WITH AN EMPHASIS ON EMERGING MARKETS; PROVIDE A NETWORK FOR MEMBERS TO EXCHANGE VIEWS AND OFFER OPPORTUNITIES FOR EFFECTIVE DIALOGUE AMONG POLICYMAKERS, REGULATORS, AND PRIVATE SECTOR FINANCIAL INSTITUTIONS; DEFINE, ARTICULATE, AND DISSEMINATE BEST PRACTICES AND INDUSTRY STANDARDS IN SUCH AREAS AS RISK MANAGEMENT AND ANALYSIS, DISCLOSURE, CORPORATE GOVERNANCE AND REGULATORY COMPLIANCE. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IN THE INSTITUTE SHALL BE OPEN TO ANY LENDING INSTITUTION, BANK (INCLUDING WITHOUT LIMITATION INVESTMENT BANK, COMMERCIAL BANK, MERCHANT BANK), ASSET MANAGER, INVESTMENT FUND, INSURANCE COMPANY, PAYMENT PROCESSOR OR EXCHANGE THAT IS, IN EACH INSTANCE, ENGAGED IN INTERNATIONAL FINANCIAL TRANSACTIONS. |
| FORM 990, PART VI, SECTION A, LINE 7A | IIF'S FULL MEMBERS CAN ELECT ALL 50 AUTHORIZED INDIVIDUALS OF THE BOARD OF DIRECTORS (ALTHOUGH THE BOARD OF DIRECTORS ITSELF MAY ELECT UP TO 10 OF ITS MEMBERS). |
| FORM 990, PART VI, SECTION A, LINE 7B | IIF'S FULL MEMBERS HAVE FINAL APPROVAL ON THE BOARD OF DIRECTOR'S RECOMMENDATIONS TO APPROVE THE ANNUAL BUDGET, AS WELL AS ANY CHANGES TO THE ORGANIZATION'S BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FEDERAL FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. UPON ISSUANCE OF THE DRAFT, THE FORM 990 IS REVIEWED BY THE SENIOR ACCOUNTING MANAGER, THE MANAGING DIRECTOR OF FINANCE, AND THEN REVIEWED AND SIGNED BY THE PRESIDENT AND CEO BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | IIF DISSEMINATES THE POLICY AND ASK INDIVIDUALS TO NOTIFY OF ANY POSSIBLE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS HAS ESTABLISHED A SEPARATE COMPENSATION COMMITTEE WHICH REVIEWS THE COMPENSATION (BOTH BASE SALARY AND YEAR-END BONUS RANGE) OF IIF'S PRESIDENT/CHIEF EXECUTIVE OFFICER (CEO) PRIOR TO THE ESTABLISHMENT AND/OR RENEWAL/EXTENSION OF AN EMPLOYMENT CONTRACT. THIS INCLUDES A REVIEW OF COMPARABILITY DATA. IN ADDITION, AT THE END OF EACH YEAR, THE COMMITTEE REVIEWS THE ACCOMPLISHMENTS OF THE PRESIDENT/CEO TO DETERMINE THE ACTUAL YEAR-END BONUS WITHIN THE RANGE ESTABLISHED BY THE CONTRACT. THE PRESIDENT/CEO'S EMPLOYMENT CONTRACT BECAME EFFECTIVE JANUARY 2013, WAS RENEWED AND EXTENDED IN JUNE, 2015 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2017, WAS RENEWED AND EXTENDED IN DECEMBER 2017 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2020, AND WAS RENEWED AND EXTENDED IN JULY 2020 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2023, AND WAS RENEWED AND EXTENDED WITH A NEW TERMINATION DATE OF DECEMBER 2027. THE COMPENSATION COMMITTEE LAST MET VIA CONFERENCE CALL IN DECEMBER 2023 TO REVIEW AND TO DETERMINE THE ACTUAL YEAR-END BONUS WITHIN THE RANGE ESTABLISHED BY THE CONTRACT. THE PRESIDENT/CEO REVIEWS MARKET COMPENSATION DATA FOR KEY EMPLOYEES AS PROVIDED BY THE MANAGING DIRECTOR OF FINANCE AND ADMINISTRATION. THIS PROCESS LAST TOOK PLACE IN DECEMBER 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IIF ASIA PACIFIC LTD | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 RAFFLES PLACE SUITE 22-06 SINGA | AddressLine1Txt |
| City | SINGAPORE | CityNm |
| Country | SN | CountryCd |
| Foreign Postal | 048623 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | A CENTRALIZED HUB FOR REGIONAL ACTIVITIES IN THE ASIA PACIFIC REGION | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | SN | LegalDomicileForeignCountryCd |
| End Of Year Assets | $999,250 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE OF INTERNATIONAL FINANCE INC | BusinessNameLine1Txt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART I: | FormAndLineReferenceDesc |
| Explanation | IIF CONDUCTS SOME OF ITS PROGRAMS THROUGH FIELD OFFICES AND AFFILIATES IN FOREIGN COUNTRIES. IN ORDER TO ADHERE WITH THE LAWS OF SINGAPORE, IIF ASIA PACIFIC, LTD. WAS ESTABLISHED IN MAY 2014 TO ACT AS A CENTRALIZED HUB FOR REGIONAL ACTIVITIES IN THE ASIA PACIFIC REGION. IIF IS THE SOLE MEMBER OF IIF ASIA PACIFIC, LTD. FOR PURPOSES OF THE 990, IIF ASIA PACIFIC, LTD IS LISTED AS A DISREGARDED ENTITY AND ITS ACTIVITIES REFLECTED THROUGHOUT THE TAX RETURN. | ExplanationTxt |
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