THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT: Form 990, tax year 2020
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- Organization
- THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT (EIN 86-0105586)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-10
- IRS object ID
- 202241309349301144
- Schema version
- 2020v4.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule N
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-10T18:47:54-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860105586 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THUN | BusinessNameControlTxt |
| Phone | 6029787142 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 N 1ST ST MC-2121 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOANNE WAMSLEY | PersonNm |
| Person Title | VP & ASST TREASURER | PersonTitleTxt |
| Phone | 6029787142 | PhoneNum |
| Signature | 2022-05-10 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOANNE | PersonFirstNm |
| Person Last | WAMSLEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | JOANNE WAMSLEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 N 1ST ST MC-2121 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,132,461 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THUNDERBIRD.ASU.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE GLOBAL LEADERS WHO CREATE SUSTAINABLE PROSPERITY WORLDWIDE. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,419,502 | PYContributionsGrantsAmt |
| CY Contributions Grants | $256,819 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,701,857 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,789,213 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,203,021 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,955,942 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$70,434 | PYOtherRevenueAmt |
| CY Other Revenue | -$21,762 | CYOtherRevenueAmt |
| PY Total Revenue | $10,253,946 | PYTotalRevenueAmt |
| CY Total Revenue | $22,980,212 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,000,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $34,807,565 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,454 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,938,853 | PYOtherExpensesAmt |
| CY Other Expenses | $2,300,954 | CYOtherExpensesAmt |
| PY Total Expenses | $6,938,853 | PYTotalExpensesAmt |
| CY Total Expenses | $37,108,519 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,315,093 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$14,128,307 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $18,865,988 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,648,363 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,016,247 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,922,101 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $16,849,741 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,726,262 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO EDUCATE GLOBAL LEADERS WHO CREATE SUSTAINABLE PROSPERITY WORLDWIDE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $36,448,913 | ExpenseAmt |
| Grant | $34,807,565 | GrantAmt |
| Revenue | $22,723,393 | RevenueAmt |
| Desc | PROVIDED AN EDUCATION TO EXECUTIVE EDUCATION STUDENTS AND WOMEN'S ENTREPRENEURIAL PROGRAMS WORLDWIDE. | Desc |
| Total Program Service Expenses | $36,448,913 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | 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 | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| 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 | Yes (1) | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | SZ | ForeignCountryCd |
| Foreign Country | KZ | ForeignCountryCd |
| Foreign Country | RS | ForeignCountryCd |
| Foreign Country | CH | ForeignCountryCd |
| Foreign Country | AE | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | 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 | JOANNE WAMSLEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4809658972 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 N 1ST ST MC-2121 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MICHAEL CROW | ||||||
| CHAIRMAN OF THE BOARD | 1.00 | Yes (X) | Yes (X) | $0 | $1,094,528 | $160,972 |
| JOSE CARDENAS | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $543,803 | $23,268 |
| MORGAN OLSEN | ||||||
| VICE PRESIDENT & TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $647,367 | $30,810 |
| JIM O'BRIEN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $497,229 | $22,333 | |
| SETHURAMAN PANCHANATHAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $605,190 | $20,106 | |
| RICHARD H STANLEY | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $447,583 | $22,287 |
| MARK SEARLE | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $608,367 | $2,407 |
| JOANNE WAMSLEY | ||||||
| VICE PRESIDENT & ASSISTANT | 1.00 | Yes (X) | $0 | $284,708 | $2,074 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $4,728,775 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $284,257 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY REALTY LLC | ||||||||||
| PO BOX 2260 | TEMPE | AZ | 85280 | REAL ESTATE SERVICES | $782,530 | |||||
| LOW MOUNTAIN CONSTRUCTION INC | ||||||||||
| 4105 NORTH 20TH STREET SUITE 205 | PHOENIX | AZ | 85016 | CONSTRUCTION SERVICES | $276,018 | |||||
| AI CORPORATE ADVISORY LLC | ||||||||||
| SERVICES | $175,757 | 21-5 KURAKUEN SANBAN-CHO | NISHINOMIYACITY | HYOGO PREFECTURE | JA | |||||
| BLUEDROP PERFORMANCE LEARNING | ||||||||||
| SERVICES | $148,742 | 18 PRESCOTT ST STJOHNS NL | ST JOHNS | NL | CA | A1C 3S4 | ||||
| QUARLES & BRADY LLP | ||||||||||
| BIN 88895 | MILWAUKEE | WI | 53288 | LEGAL SERVICES | $105,807 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $256,819 | AllOtherContributionsAmt |
| Total Contributions | $256,819 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,789,213 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,789,213 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,789,213 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,531 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,531 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $23,106,660 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,152,249 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $20,954,411 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,954,411 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,954,411 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN EXCHANGE GAIN/LOSS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | -$21,762 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$21,762 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$21,762 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,980,212 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,723,393 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,807,565 | TotalAmt |
| Program Services | $34,807,565 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,000 | TotalAmt |
| Management And General | $172,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,329 | TotalAmt |
| Management And General | $59,329 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,000 | TotalAmt |
| Management And General | $48,000 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,250 | TotalAmt |
| Program Services | $3,250 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,498 | TotalAmt |
| Management And General | $251,590 | ManagementAndGeneralAmt |
| Fundraising | $908 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REIMBURSEMENT OF LABOR | $1,042,814 | $1,042,814 | ||
| PROGRAM/PROJECT EXPENSE | $613,766 | $564,845 | $47,375 | $1,546 |
| OTHER EXPENSES | $109,297 | $30,439 | $78,858 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,108,519 | TotalAmt |
| Program Services | $36,448,913 | ProgramServicesAmt |
| Management And General | $657,152 | ManagementAndGeneralAmt |
| Fundraising | $2,454 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,546,846 | BOYAmt |
| EOY | $2,858,131 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,259 | BOYAmt |
| EOY | $432,078 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,591 | BOYAmt |
| EOY | $246,266 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $74,389 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $74,389 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $813,942 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $694 | BOYAmt |
| EOY | $926 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,134,656 | BOYAmt |
| EOY | $1,110,962 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,865,988 | BOYAmt |
| EOY | $4,648,363 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,720 | BOYAmt |
| EOY | $287,031 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,651,527 | BOYAmt |
| EOY | $1,635,070 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,016,247 | BOYAmt |
| EOY | $1,922,101 | 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 | $16,832,942 | BOYAmt |
| EOY | $2,709,463 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,799 | BOYAmt |
| EOY | $16,799 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,849,741 | BOYAmt |
| EOY | $2,726,262 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,865,988 | BOYAmt |
| EOY | $4,648,363 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$14,128,307 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,828 | 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 | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $924,329 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $563,173 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $281,686 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $419,502 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $256,819 | CurrentTaxYearAmt |
| Total | $2,445,509 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,007,255 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,388,154 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,160,511 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,702,916 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,789,213 | CurrentTaxYearAmt |
| Total | $26,048,049 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,931,584 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,951,327 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,442,197 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,122,418 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,046,032 | CurrentTaxYearAmt |
| Total | $28,493,558 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $899,242 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $539,692 | CurrentTaxYearMinus3YearsAmt |
| Total | $1,438,934 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,513,801 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,970,797 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,947,864 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,355,068 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,515,226 | CurrentTaxYearAmt |
| Total | $17,302,756 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,413,043 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,510,489 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,947,864 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,355,068 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,515,226 | CurrentTaxYearAmt |
| Total | $18,741,690 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $9,751,868 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $15,564 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $56,499 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $110,282 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,531 | CurrentTaxYearAmt |
| Total | $183,876 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $15,564 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $56,499 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $110,282 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,531 | CurrentTaxYearAmt |
| Total | $183,876 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,931,584 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,966,891 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,498,696 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,232,700 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,047,563 | CurrentTaxYearAmt |
| Total | $28,677,434 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.34010 | PublicSupportCY509Pct |
| Public Support PY509 | 0.38250 | PublicSupportPY509Pct |
| Investment Income CY | 0.00640 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00440 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III | FormAndLineReferenceDesc |
| Explanation | THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT EIN: 86-0105586 ON APRIL 8, 1946, THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT (THUNDERBIRD) (ORIGINALLY KNOWN AS THE AMERICAN INSTITUTE FOR FOREIGN TRADE [AIFT]) WAS CHARTERED ON THE GLENDALE, ARIZONA WORLD WAR II AIRBASE, THUNDERBIRD FIELD, WHERE PILOTS FROM AROUND THE WORLD CAME FOR TRAINING DURING WARTIME. GENERAL BARTON KYLE YOUNT OBTAINED THE AIRFIELD WITH THE EXPRESS PURPOSE OF DEVELOPING A SCHOOL FOCUSED EXCLUSIVELY ON INTERNATIONAL TRADE AND GLOBAL RELATIONS. AS AIFT, THUNDERBIRD BECAME THE FIRST-EVER HIGHER-EDUCATION INSTITUTION TO FOCUS EXCLUSIVELY ON INTERNATIONAL MANAGEMENT BY CONCENTRATING CURRICULUM ON CROSS-CULTURAL COMMUNICATION, REGIONAL BUSINESS STUDIES, AND HANDS-ON, REAL-WORLD TRAINING IN GLOBAL BUSINESS NUANCES. BY 1955, THERE WERE TWO DEGREES OFFERED: A BACHELOR OF FOREIGN TRADE AND A MASTER OF FOREIGN TRADE. OVER THE YEARS, THE BACHELOR'S PROGRAM WAS DISCONTINUED AND THE MASTER'S PROGRAM MORPHED INTO A MASTER OF INTERNATIONAL MANAGEMENT (MIM). IN 2001, THE MIM WAS ADAPTED INTO AN MBA IN GLOBAL MANAGEMENT TO RESPOND TO THE GROWING DEMAND FOR GRADUATES WITH A BUSINESS ADMINISTRATION FOCUS. DURING THOSE SAME YEARS, THUNDERBIRD EXPANDED ITS DEGREE PROGRAM OFFERINGS TO INCLUDE AN ONLINE MBA, AN EXECUTIVE MBA, AND EARLY-CAREER MASTER'S DEGREES LIKE THE MASTER OF ARTS IN GLOBAL AFFAIRS & MANAGEMENT. THE SCHOOL CONSISTENTLY RANKED #1 FOR INTERNATIONAL BUSINESS FOR MANY YEARS, SETTING THE STANDARD FOR GLOBAL MANAGEMENT EDUCATION WORLDWIDE. AT THE SAME TIME, THUNDERBIRD EXECUTIVE EDUCATION OFFERED OPEN PROGRAMS FOR INDIVIDUALS SEEKING CAREER DEVELOPMENT OPPORTUNITIES AND CUSTOM PROGRAMS FOR GLOBAL ORGANIZATIONS LOOKING FOR INDIVIDUALIZED DEVELOPMENT SOLUTIONS FOR THEIR UNIQUE CHALLENGES. RANKED AMONG THE WORLD'S BEST EXECUTIVE EDUCATION PROGRAMS, THUNDERBIRD'S EDUCATIONAL OFFERINGS EXPANDED OVER THE YEARS TO INCLUDE A ROBUST SELECTION OF ONLINE EXECUTIVE CERTIFICATE PROGRAMS, INTERNATIONAL CONSORTIA PROGRAMS, EXECUTIVE COACHING, AND MORE. IN DECEMBER OF 2014, THUNDERBIRD ENTERED INTO AN AGREEMENT WITH ARIZONA STATE UNIVERSITY (ASU) TO INTEGRATE THUNDERBIRD INTO THE GREATER ASU KNOWLEDGE ENTERPRISE IN ORDER TO CREATE MORE IN DEPTH AND BROADER REACHING EDUCATION TO STUDENTS AND EXECUTIVES INTERNATIONALLY. AS PART OF THIS AGREEMENT, ALL US EMPLOYEES AND DEGREE SEEKING STUDENTS OF THUNDERBIRD BECAME EMPLOYEES AND STUDENTS OF ASU. THUNDERBIRD'S EXECUTIVE EDUCATION PROGRAM, CERTAIN INTERNATIONAL PROGRAMS, AND MOST THUNDERBIRD ASSETS REMAINED WITH THUNDERBIRD. THE PROGRAMS AND SERVICES THAT REMAIN WITH THUNDERBIRD CONTINUE TO FURTHER THUNDERBIRD'S CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING BY SUPPORTING ASU. BEGINNING IN FISCAL YEAR 2015, AND IN ORDER TO MORE ACCURATELY REFLECT THE CURRENT CHARITABLE AND EDUCATIONAL ACTIVITIES OF THUNDERBIRD, THUNDERBIRD BELIEVES IT NOW IS APPROPRIATE TO REPORT AS A PUBLICLY SUPPORTED PUBLIC CHARITY UNDER SECTION 509(A)(2) OF THE CODE. IN CONJUNCTION WITH THIS DECISION AND TRANSITION, THUNDERBIRD IS ENGAGING IN INTERNAL EFFORTS TO IDENTIFY AND DEVELOP NEW SOURCES OF PUBLIC SUPPORT RELATIVE TO THUNDERBIRD'S CURRENT PROGRAMS AND SERVICES. AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II) OF THE CODE, THUNDERBIRD WAS NOT REQUIRED TO CONSIDER WHICH OF ITS REVENUES REPORTED ON LINES 1, 2, OR 3 OF PART III OF SCHEDULE A WERE RECEIVED FROM DISQUALIFIED PERSONS AND DOES NOT HAVE RECORDS SUFFICIENT TO MAKE THIS DETERMINATION. ACCORDINGLY, IN ORDER TO COMPLETE PART III OF SCHEDULE A, THUNDERBIRD HAS ASSUMED, FOR PURPOSES OF CALCULATING ITS PUBLIC SUPPORT PERCENTAGE, THAT ALL GIFTS, GRANTS, CONTRIBUTIONS, AND MEMBERSHIP FEES REPORTED ON LINE 1 WERE RECEIVED FROM DISQUALIFIED PERSONS, EXCEPT TO THE EXTENT THAT THUNDERBIRD'S RECORDS CLEARLY INDICATE AMOUNTS OF SUPPORT RECEIVED FROM GOVERNMENTAL UNITS OR ORGANIZATIONS DESCRIBED IN SECTION 509(A)(1) OF THE CODE. BEGINNING IN TAX YEAR 2014 ALL AMOUNTS ARE TRACKED AND REPORTED THEREFORE, BEGINNING IN FY19 AN ACCURATE REFLECTION OF DISQUALFIED DONORS IS INCLUDED ON THE SCHEDULE. FOR FY19 THERE WERE NO DISQUALIFED DONORS. IN 2018 THUNDERBIRD WAS APPROACHED BY ARIZONA CHRISTIAN UNIVERSITY (ACU) ABOUT EXCHANGING THE THUNDERBIRD GLENDALE CAMPUS WITH ACU'S NORTH PHOENIX CAMPUS. THIS EXCHANGE MET THE NEEDS OF THUNDERBIRD IN THEIR FUTURE STRATEGIC AND PROGRAMMATIC PLANS PROJECTIONS AND THIS EXCHANGE WAS FINALIZED NOVEMBER 2018. THIS RESULTED IN A CAPITAL ASSET WRITE OFF OF JUST OVER $9 MILLION DOLLARS. AS THIS CAPITAL ASSET WRITE OFF WAS DUE TO THE EXCHANGE OF CAPITAL ASSETS, IT IS NOT REQUIRED TO BE COUNTED IN THE CALCUATION OF PUBLIC SUPPORT. IN 2019 THE ACU CAMPUS WAS SOLD TO AN UNRELATED THIRD PARTY WHICH RESULTED IN A CAPITAL GAIN OF JUST OVER $4 MILLION DOLLARS. AS THE GAIN WAS RELATED TO THE SALE OF CAPITAL ASSETS, THE GAIN IS NOT REQUIRED TO BE COUNTED IN THE CALCUATION OF PUBLIC SUPPORT. ALSO, IN 2019 THUNDERBIRD WAS THE RECIPIENT OF A $4 MILLION DOLLAR BEQUEST FROM AN ALUM, THIS CONTRIBUTION MEETS THE DEFINITION OF AN UNUSUAL GRANT UNDER 1.509(A)-3(C)(3) AND HAS BEEN EXCLUDED FROM THE PUBLIC SUPPORT TEST. IN 2021, THUNDERBIRD SOLD VACANT LAND TO AN UNRELATED PARTY WHICH RESULTED IN GAIN OF JUST UNDER $21 MILLION DOLLARS. THE PROCEEDS OF THE SALE WERE TRANSFERRED TO ARIZONA STATE UNIVERSITY TO HELP FUND CAPITAL PROJECTS TO BENEFIT THUNDERBIRD STUDENTS AND PROGRAMS AT ASU. | ExplanationTxt |
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 D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $74,389 | OtherCostOrOtherBasisAmt |
| Depreciation | $74,389 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OTHER ASSETS | $179,357 |
| DUE TO/FROM SUBSIDIARIES | $931,605 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,110,962 | TotalBookValueOtherAssetsAmt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 1 | PROGRAM SERVICES | EXECUTIVE EDUCATION | $136,000 |
| SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 0 | 8 | PROGRAM SERVICES | EXECUTIVE EDUCATION | $235,700 |
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 0 | 3 | PROGRAM SERVICES | EXECUTIVE EDUCATION | $234,366 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 12 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 12 | TotalEmployeeCnt |
| Subtotal Spent | $606,066 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $606,066 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | Yes (1) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ASU FOUNDATION | |||||||
| PO BOX 2260 | TEMPE | AZ | 85280 | 866051042 | 501(C)(3) | $54,149 | TO PROVIDE SUPPORT FOR THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT AT ASU |
| ARIZONA STATE UNIVERSITY | |||||||
| PO BOX 875812 | TEMPE | AZ | 85287 | 860196696 | 115 | $34,753,416 | TO PROVIDE SUPPORT FOR THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT AT ASU |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL CROW | ||||||||||||||
| CHAIRMAN OF THE BOARD | $0 | $741,719 | $0 | $0 | $0 | $352,809 | $0 | $155,740 | $0 | $5,232 | $0 | $1,255,500 | $0 | $0 |
| JOSE CARDENAS | ||||||||||||||
| SECRETARY | $0 | $466,832 | $0 | $0 | $0 | $76,971 | $0 | $17,100 | $0 | $6,168 | $0 | $567,071 | $0 | $0 |
| MORGAN OLSEN | ||||||||||||||
| VICE PRESIDENT & TREASURER | $0 | $542,667 | $0 | $0 | $0 | $104,700 | $0 | $17,100 | $0 | $13,710 | $0 | $678,177 | $0 | $0 |
| JIM O'BRIEN | ||||||||||||||
| TRUSTEE | $0 | $411,381 | $0 | $0 | $0 | $85,848 | $0 | $17,100 | $0 | $5,233 | $0 | $519,562 | $0 | $0 |
| SETHURAMAN PANCHANATHAN | ||||||||||||||
| TRUSTEE | $0 | $316,790 | $0 | $0 | $0 | $288,400 | $0 | $17,100 | $0 | $3,006 | $0 | $625,296 | $0 | $0 |
| RICHARD H STANLEY | ||||||||||||||
| VICE PRESIDENT | $0 | $384,483 | $0 | $0 | $0 | $63,100 | $0 | $17,100 | $0 | $5,187 | $0 | $469,870 | $0 | $0 |
| MARK SEARLE | ||||||||||||||
| VICE PRESIDENT | $0 | $505,917 | $0 | $0 | $0 | $102,450 | $0 | $0 | $0 | $2,407 | $0 | $610,774 | $0 | $0 |
| JOANNE WAMSLEY | ||||||||||||||
| VICE PRESIDENT & ASSISTANT | $0 | $284,708 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2,074 | $0 | $286,782 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE J, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE OFFICERS AND DIRECTORS LISTED ON THIS SCHEDULE J ARE COMPENSATED BY ARIZONA STATE UNIVERSITY. THEIR COMPENSATION IS DETERMINED BY THE UNIVERSITY IN ADHERANCE WITH POLICIES OF THE UNIVERSITY AND APPLICABLE UNIVERSITY GOVERNANCE. | ExplanationTxt |
Schedule N IRS990ScheduleN
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor | 0 | DirectorOfSuccessorInd |
| Employee Of Successor | 0 | EmployeeOfSuccessorInd |
| Owner Of Successor | 0 | OwnerOfSuccessorInd |
| Receive Compensation | 0 | ReceiveCompensationInd |
| Assets Distributed | Yes (1) | AssetsDistributedInd |
| Required To Notify AG | 0 | RequiredToNotifyAGInd |
| Attorney General Notified | 0 | AttorneyGeneralNotifiedInd |
| Liabilities Paid | 0 | LiabilitiesPaidInd |
| Bonds Outstanding | 0 | BondsOutstandingInd |
Disposition Of Assets Detail DispositionOfAssetsDetail (2 entries)
| Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDesc | DistributionDistributionDt | Fair Market Value Of AssetFairMarketValueOfAssetAmt | Method Of FMV DeterminationMethodOfFMVDeterminationTxt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionTxt |
|---|---|---|---|---|---|---|---|---|
| THE VILLAGE AT THUNDERBIRD APARTMENTS OWNER LLP | ||||||||
| SALE OF VILLAGES AT THUNDERBIRD TO THE VILLAGE AT THUNDERBIRD APARTMENTS OWNER, LP | 2021-02-01 | $6,320,160 | SALES PRICE | 8434 N 90TH STREET SUITE 100 | SCOTTSDALE | AZ | 85258 | DOMESTIC LP |
| WOODSIDE HOMES SALES AZ LLC | ||||||||
| SALE OF VILLAGE AT THUNDERBIRD TO WOODSIDE HOMES SALES AZ, LLC | 2021-01-15 | $16,786,500 | SALES PRICE | 1811 S ALMA SCHOOL RD STE 1 | MESA | AZ | 85210 | DOMESTIC LLC |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | 0 | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | 0 | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | 0 | OwnerOfSuccessor2Ind |
| Receive Compensation2 | 0 | ReceiveCompensation2Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | MANAGEMENT OF KEY FUNCTIONS HAS BEEN DELEGATED BY THE OFFICERS OF THE BOARD TO SELECTED ASU EMPLOYEES. |
| FORM 990, PART VI, SECTION A, LINE 7A | ON DECEMBER 30, 2015, ARIZONA STATE UNIVERSITY (ASU), A GOVERNMENTAL UNIT OF THE STATE OF ARIZONA, WAS GRANTED THE RIGHT TO APPOINT THE MEMBERS OF THE THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT BOARD AS PART OF A LARGER INTEGRATION OF THUNDERBIRD INTO THE ASU KNOWLEDGE ENTERPRISE. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS REVIEWED BY THE VICE PRESIDENT AND ASSISTANT TREASURER AND AFTER THE INITIAL REVIEW, A DRAFT COPY OF THE TAX RETURN WILL BE SENT TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, THE SCHOOL DISTRIBUTES A CONFLICT OF INTEREST ACKNOWLEDGMENT TO EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE OF THE SCHOOL. THE ACKNOWLEDGMENT DESCRIBES THE SCHOOL'S CONFLICT OF INTEREST POLICY AND PROVIDES AN OPPORTUNITY FOR THE PERSON TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. EACH PERSON IS REQUIRED TO RETURN THE ACKNOWLEDGMENT SIGNED, TO AFFIRM THAT THEY HAVE RECEIVED, READ AND UNDERSTOOD, AND AGREED TO COMPLY WITH THE POLICY. IN ADDITION TO THE SIGNED ACKNOWLEDGMENT, THE SCHOOL CONSISTENTLY REVIEWS ALL FINANCIAL TRANSACTIONS TO IDENTIFY AND RESOLVE POTENTIAL CONFLICTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND IRS FORM 990 ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION B, LINE 13 | THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT HAS NO EMPLOYEES, THEREFORE, DOES NOT HAVE A WHISTLEBLOWER POLICY. ARIZONA STATE UNIVERSITY HAS A WRITTEN WHISTLEBLOWER POLICY AND PROCESSES AND PROCEDURES FOR MANAGING. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Address Line1ForeignAddress/AddressLine1Txt | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | EINEIN | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THUNDERBIRD EUROPE EXEC EDUCATION LLC | |||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | HOLDING CO | AZ | TSGM | |||||||
| THUNDERBIRD EUROPE ONE LLC | |||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | HOLDING CO | AZ | TSGM | |||||||
| THUNDERBIRD EUROPE TWO LLC | |||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | HOLDING CO | AZ | TSGM | |||||||
| THUNDERBIRD WORLDWIDE LLC | |||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | HOLDING CO | AZ | TSGM | |||||||
| THUNDERBIRD INTERNATIONAL FZ-LLC | |||||||||||||
| EDUCATION | MEDIA CITY BUILDING 09 OFFICE 322 | DUBAI | AE | 981369596 | AE | $11,259 | $55,044 | ||||||
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARIZONA STATE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 875812 | AddressLine1Txt |
| City | TEMPE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85287 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860196696 | EIN |
| Primary Activities | EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Exempt Code Section | 115 | ExemptCodeSectionTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THUNDERBIRD WORLDWIDE KAZAKHSTAN LLP | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20A BIOCOMBINAT STREET | AddressLine1Txt |
| Province Or State | ALMANY | ProvinceOrStateNm |
| Country | KZ | CountryCd |
| Foreign Postal | 050008 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | KZ | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THUNDERBIRD WORLDWIDE LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | NONE | PredominantIncomeTypeTxt |
| Share Of Total Income | -$13,688 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $92,311 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 1.00000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RUSSIAN ACADEMIC DEVELOPMENT CORPORATION | |||||||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | 521975573 | HOLDING CO | DE | TSGM | C | 1.00000 | Yes (1) | |||||||
| RUSSIAN BUSINESS SKILLS DEVELOPMENT | |||||||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | 841320783 | HOLDING CO | DE | TGSM | C | 1.00000 | Yes (1) | |||||||
| THUNDERBIRD ASIA CORPORATION | |||||||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | 860948519 | EDUCATION | AZ | TSGM | C | 1.00000 | Yes (1) | -$50 | ||||||
| THUNDERBIRD EUROPE SARL | |||||||||||||||||
| EDUCATION | TSGM | C | 1.00000 | Yes (1) | -$641,658 | 121-123 RUE DE LAUSANNE | GENEVA | SZ | 1202 | SZ | $2,961,886 | ||||||
| CBSD | |||||||||||||||||
| EDUCATION | RBSD | C | 1.00000 | Yes (1) | $7,239 | 77 BUTYRSKAYA ST | MOSCOW | RS | RS | $1,376,947 | |||||||
| THUNDERBIRD INTERNATIONAL | |||||||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | HOLDING CO | AZ | TSGM | C | 1.00000 | 0 | -$50 | |||||||
| THUNDERBIRD CBSD CORP | |||||||||||||||||
| 401 N 1ST STREET MC-2121 | PHOENIX | AZ | 85004 | 860951941 | HOLDING CO | AZ | C | 0 | |||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| ASU TO THUNDERBIRD (REIMBURSEMENT) | |
| Q | $499,731 |
| THUNDERBIRD TO ASU (REIMBURSEMENT) | |
| P | $976,090 |
| SARL TO THUNDERBIRD (ROYALTY) | |
| A | $123,498 |
| SARL TO THUNDERBIRD (REIMBURSEMENT) | |
| Q | $145,923 |
| THUNDERBIRD TO TB FZ LLC (SERVICE) | |
| M | $491,108 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | DIRECT CONTROLLING ENTITY ABBREVIATIONS TSGM - THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT RADC - RUSSIAN ACADEMIC DEVELOPMENT CORP. RBSD - RUSSIAN BUSINESS SKILLS DEVELOPMENT INC. TB INTL - THUNDERBIRD INTERNATIONAL | ExplanationTxt |
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