WORLD ECONOMIC FORUM USA INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- WORLD ECONOMIC FORUM USA INC (EIN 20-3908371)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-03-22
- IRS object ID
- 201730819349300028
- Schema version
- 2015v3.0
- 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 | 2017-03-22T16:09:14-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Madison Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203908371 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORLD ECONOMIC FORUM USA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SARITA NAYYAR | InCareOfNm |
| Business Name Control | WORL | BusinessNameControlTxt |
| Phone | 2127032300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 EAST 54TH STREET 18TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SARITA NAYYAR | PersonNm |
| Person Title | MANAGING dIRECTOR | PersonTitleTxt |
| Phone | 2127032300 | PhoneNum |
| Signature | 2017-03-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA J PARELLO | PreparerPersonNm |
| PTIN | P01080295 | PTIN |
| Phone | 6464713000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SARITA NAYYAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 EAST 54TH STREET 18TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $61,942,993 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | weforum.org/about/world-economic-forum-llc | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | WORLD ECONOMIC FORUM USA INC IS A BUSINESS LEAGUE OF ORGANIZATIONS FORMED FOR THE PURPOSE OF ENHANCING THE GLOBAL BUSINESS CLIMATE BY IMPROVING THE STATE OF THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 132 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $450,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,991,160 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $48,504,077 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $52,721,611 | CYProgramServiceRevenueAmt |
| PY Investment Income | $853,083 | PYInvestmentIncomeAmt |
| CY Investment Income | $391,017 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,547,674 | PYOtherRevenueAmt |
| CY Other Revenue | $6,839,205 | CYOtherRevenueAmt |
| PY Total Revenue | $55,354,834 | PYTotalRevenueAmt |
| CY Total Revenue | $61,942,993 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,028,851 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,948,596 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,531,659 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,958,767 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,601,683 | PYOtherExpensesAmt |
| CY Other Expenses | $25,499,274 | CYOtherExpensesAmt |
| PY Total Expenses | $45,162,193 | PYTotalExpensesAmt |
| CY Total Expenses | $46,406,637 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,192,641 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $15,536,356 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $70,265,238 | TotalAssetsBOYAmt |
| Total Assets EOY | $95,559,109 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,205,244 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,575,506 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $43,059,994 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $57,983,603 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | INDUSTRY RELATED PROGRAM SERVICES FOR THE CONSUMER SECTOR. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INDUSTRY RELATED PROGRAM SERVICES FOR THE FINANCIAL INSTITUTIONS SECTOR. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INDUSTRY RELATED PROGRAM SERVICES FOR THE INFORMATION TECHNOLOGY TELECOMMUNICATIONS SECTOR. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (5 entries)
| DescDesc |
|---|
| INDUSTRY RELATED PROGRAM SERVICES FOR THE |
| MOBILITY SECTOR. |
| INDUSTRY RELATED PROGRAM SERVICES FOR THE |
| INVESTORS SECTOR. |
| ALL OTHERS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 56 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 132 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SARITA NAYYAR | PersonNm |
| Phone | 2127032300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 EAST 54TH STREET 18TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| JEAN-PIERRE ROSSO | |||||||||
| VICE-CHAIRMAN | 25.0 | 0.0 | Yes (X) | Yes (X) | $260,000 | $0 | $0 | ||
| ALFRED R BERKELEY | |||||||||
| BOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SAMUEL DI PIAZZA | |||||||||
| BOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM W GEORGE | |||||||||
| BOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SHIRLEY JACKSON | |||||||||
| BOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| KLAUS KLEINFELD | |||||||||
| BOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH P SCHOENDORF | |||||||||
| BOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JIM HAGEMANN SNABE | |||||||||
| CHAIRMAN | 5.0 | 15.0 | Yes (X) | Yes (X) | $0 | $403,065 | $48,000 | ||
| SARITA NAYYAR | |||||||||
| MANAGING DIRECTOR/SECRETARY | 40.0 | 0.0 | Yes (X) | $593,051 | $0 | $27,110 | |||
| JOHN MOAVENZADEH | |||||||||
| SR DIRECTOR, MEMBER MGMT CMTE | 40.0 | 0.0 | Yes (X) | $416,868 | $0 | $27,602 | |||
| GIANCARLO BRUNO | |||||||||
| SR DIRECTOR, HEAD OF FIN SVCS | 40.0 | 0.0 | $331,649 | $0 | $26,163 | Yes (X) | |||
| ALAN MARCUS | |||||||||
| SR DIRECTOR, HEAD OF ICT | 40.0 | 0.0 | $345,548 | $0 | $24,170 | Yes (X) | |||
| MICHAEL DREXLER | |||||||||
| SR DIRECTOR, HEAD OF INVESTORS | 40.0 | 0.0 | $339,599 | $0 | $26,118 | Yes (X) | |||
| PAUL SMYKE | |||||||||
| SR DIR, HEAD OF N AMERICA | 40.0 | 0.0 | $438,283 | $0 | $27,383 | Yes (X) | |||
| MARISOL ARGUETA DE BARILLAS | |||||||||
| SR DIRECTOR,HEAD OF LATIN AMER | 40.0 | 0.0 | $380,436 | $0 | $28,340 | Yes (X) | |||
| ELIZABETH DREIER | |||||||||
| DIRECTOR,HEAD OF FOOD SECURITY | 40.0 | 0.0 | $307,798 | $0 | $25,778 | Yes (X) | |||
| MATTHEW BLAKE | |||||||||
| DIRECTOR FS INDUSTRIES | 40.0 | 0.0 | $237,904 | $0 | $22,246 | Yes (X) | |||
| TIFFANY WEST | |||||||||
| DIR/HEAD OF DIGITAL BUS DEV | 40.0 | 0.0 | $231,860 | $0 | $24,334 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,882,996 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $403,065 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $307,244 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 54 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|
| WORLD ECONOMIC FORUM | |||||||||
| 91-93 ROUTE DE LA CAPITE CH-1223 | COLOGNY / GENEVA | 0 | SZ | CONSULTING SERVICES | $23,381,720 | ||||
| PUBLICISLIVE | |||||||||
| 10 QUAI DU SEUJET 1201 | GENEVA | 0 | SZ | EVENTS | $458,914 | ||||
| PRICEWATERHOUSECOOPERS LLC | |||||||||
| CONSULTING SERVICES | $209,150 | PO BOX 7247-8001 | PHILADELPHIA | PA | 19170 | ||||
| 3 E 54TH LLC | |||||||||
| MAINTENANCE | $139,676 | 750 Lexington Ave | NEW YORK | NY | 10022 | ||||
| AKIN GUMP STRAUSS HAUER FELD LLP | |||||||||
| LEGAL COUNSELING | $106,446 | 1333 NEW HAMPSHIRE AVE NW | WASHINGTON | DC | 200361564 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $266,000 | RelatedOrganizationsAmt |
| Government Grants | $1,618,777 | GovernmentGrantsAmt |
| All Other Contributions | $106,383 | AllOtherContributionsAmt |
| Total Contributions | $1,991,160 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FINANCIAL SERVICES SECTOR | 900099 | $14,162,640 | $14,162,640 |
| INVESTOR SECTORS | 900099 | $11,900,738 | $11,900,738 |
| INFORMATION & COMMUNICATION TECHNOLOGIES | 900099 | $9,314,508 | $9,314,508 |
| CONSUMER SECTOR | 900099 | $8,014,481 | $8,014,481 |
| MOBILITY SECTOR | 900099 | $6,709,815 | $6,709,815 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,619,429 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,619,429 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $52,721,611 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $391,017 | TotalRevenueColumnAmt |
| Exclusion | $391,017 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OTHER INTER-AFFILIATE INCOME | 541610 | $6,838,353 | $6,838,353 |
| OTHER MISCELLANEOUS INCOME | 900099 | $852 | $852 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,839,205 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $61,942,993 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $59,560,816 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $391,017 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,948,596 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,738,052 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,989,583 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $899,746 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,375,081 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $956,305 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,258 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,191 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,510,377 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $334,727 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326,193 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,696,794 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,669,728 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,459,272 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,082,133 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,336 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PRINTING AND DOCUMENTATION | $121,064 |
| SOCIAL PROGRAM/STAFF EVENTS | $556,002 |
| PROGRAM DEVELOPMENT | $999,895 |
| OTHER STAFF RELATED | $192,304 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,406,637 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,569,627 | BOYAmt |
| EOY | $1,402,826 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,459,680 | BOYAmt |
| EOY | $40,519,993 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,887,260 | BOYAmt |
| EOY | $5,451,737 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,285 | BOYAmt |
| EOY | $58,952 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,669,036 | BOYAmt |
| EOY | $8,168,813 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,010,342 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,672,555 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,264,885 | BOYAmt |
| EOY | $2,337,787 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,096,220 | BOYAmt |
| EOY | $37,286,484 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,245 | BOYAmt |
| EOY | $332,517 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,265,238 | BOYAmt |
| EOY | $95,559,109 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,491,242 | BOYAmt |
| EOY | $3,700,601 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,063,446 | BOYAmt |
| EOY | $31,749,698 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,650,556 | BOYAmt |
| EOY | $2,125,207 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,205,244 | BOYAmt |
| EOY | $37,575,506 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,059,994 | BOYAmt |
| EOY | $57,983,603 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,059,994 | BOYAmt |
| EOY | $57,983,603 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,265,238 | BOYAmt |
| EOY | $95,559,109 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $15,536,356 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$612,747 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,274,020 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,180,891 | DepreciationAmt |
| Book Value | $2,093,129 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $867,518 | OtherCostOrOtherBasisAmt |
| Depreciation | $649,268 | DepreciationAmt |
| Book Value | $218,250 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $868,805 | OtherCostOrOtherBasisAmt |
| Depreciation | $842,397 | DepreciationAmt |
| Book Value | $26,408 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,337,787 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUND TO MEMBERS (CUSTOMERS) | $292,500 |
| DEFERRED RENT | $418,248 |
| FLEX SPENDING CONTRIBUTION | $16,106 |
| DUE TO AFFILIATED PARTY | $722,819 |
| DEFERRED-GROW ASIA GRANT | $519,054 |
| 401K DEFFERALS & CONTRIBUTION PAYABLE | $156,480 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,125,207 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $63,943,077 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$612,747 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $2,612,831 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $2,000,084 | RevenueNotReportedAmt |
| Revenue Subtotal | $61,942,993 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $61,942,993 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $49,019,468 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $2,612,831 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $2,612,831 | ExpensesNotReportedAmt |
| Expenses Subtotal | $46,406,637 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $46,406,637 | TotalExpensesPerForm990Amt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Type Of Activities Conducted | Grantmaking | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $1,948,596 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $1,948,596 | SubtotalSpentAmt |
| Total Spent | $1,948,596 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Purpose Of Grant | IT SYSTEM | PurposeOfGrantTxt |
| Cash Grant | $1,948,596 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE | MannerOfCashDisbursementTxt |
| Description Of Non Cash Asst | N/A | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 1 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES- FORM 990, SCHEDULE F, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE GRANT AGREEMENT STIPULATES THAT ALL OF THE GRANT FUNDS ARE TO BE USED ONLY FOR THE SPECIFIC PURPOSES AGREED UPON, WHICH PURPOSES ARE WITHIN THE GRANTOR'S AND GRANTEE'S EXEMPT MISSIONS AS DESCRIBED IN THE ORGANIZING DOCUMENTS. GRANTEE AGREED TO FURNISH TO THE GRANTOR WITHIN NINETY DAYS A WRITTEN DESCRIPTION DETAILING HOW THE GRANT FUNDS WERE SPENT. THE GRANTEE AGREED TO SUPPLY THE GRANTOR WITH SUCH INFORMATION AS MAY BE NECESSARY OR DESIRABLE TO PERMIT THE GRANTOR TO REVIEW THE APPLICATION OF GRANT FUNDS AND AGREED TO KEEP ITS FINANCIAL AND OTHER RECORDS IN A MANNER SUCH THAT THEY ADEQUATELY SHOW THE USE OF THE GRANT FUNDS EXCLUSIVELY FOR THE GRANT'S PURPOSES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEAN-PIERRE ROSSO | ||||||||||||||
| VICE-CHAIRMAN | $260,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $260,000 | $0 | $0 | $0 |
| SARITA NAYYAR | ||||||||||||||
| MANAGING DIRECTOR/SECRETARY | $529,150 | $0 | $63,600 | $0 | $301 | $0 | $22,525 | $0 | $4,585 | $0 | $620,161 | $0 | $0 | $0 |
| JOHN MOAVENZADEH | ||||||||||||||
| SR DIRECTOR, MEMBER MGMT CMTE | $370,560 | $0 | $45,728 | $0 | $580 | $0 | $23,642 | $0 | $3,960 | $0 | $444,470 | $0 | $0 | $0 |
| GIANCARLO BRUNO | ||||||||||||||
| SR DIRECTOR, HEAD OF FIN SVCS | $287,648 | $0 | $43,580 | $0 | $421 | $0 | $24,321 | $0 | $1,842 | $0 | $357,812 | $0 | $0 | $0 |
| ALAN MARCUS | ||||||||||||||
| SR DIRECTOR, HEAD OF ICT | $307,570 | $0 | $37,280 | $0 | $698 | $0 | $24,170 | $0 | $0 | $0 | $369,718 | $0 | $0 | $0 |
| MICHAEL DREXLER | ||||||||||||||
| SR DIRECTOR, HEAD OF INVESTORS | $294,607 | $0 | $44,560 | $0 | $432 | $0 | $24,272 | $0 | $1,846 | $0 | $365,717 | $0 | $0 | $0 |
| PAUL SMYKE | ||||||||||||||
| SR DIR, HEAD OF N AMERICA | $389,554 | $0 | $48,536 | $0 | $193 | $0 | $23,526 | $0 | $3,857 | $0 | $465,666 | $0 | $0 | $0 |
| MARISOL ARGUETA DE BARILLAS | ||||||||||||||
| SR DIRECTOR,HEAD OF LATIN AMER | $338,950 | $0 | $41,360 | $0 | $126 | $0 | $24,380 | $0 | $3,960 | $0 | $408,776 | $0 | $0 | $0 |
| ELIZABETH DREIER | ||||||||||||||
| DIRECTOR,HEAD OF FOOD SECURITY | $272,384 | $0 | $35,288 | $0 | $126 | $0 | $24,482 | $0 | $1,296 | $0 | $333,576 | $0 | $0 | $0 |
| MATTHEW BLAKE | ||||||||||||||
| DIRECTOR FS INDUSTRIES | $206,828 | $0 | $31,000 | $0 | $76 | $0 | $22,246 | $0 | $0 | $0 | $260,150 | $0 | $0 | $0 |
| TIFFANY WEST | ||||||||||||||
| DIR/HEAD OF DIGITAL BUS DEV | $206,296 | $0 | $25,488 | $0 | $76 | $0 | $20,627 | $0 | $3,707 | $0 | $256,194 | $0 | $0 | $0 |
| JIM HAGEMANN SNABE | ||||||||||||||
| CHAIRMAN | $0 | $403,065 | $0 | $0 | $0 | $0 | $0 | $48,000 | $0 | $0 | $0 | $451,065 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| ADDITIONAL BENEFITS PROVIDED- FORM 990, SCHEDULE J, PART I, LINE 1A | TRAVEL FOR SPOUSES OF OFFICERS TO THE ORGANIZATION'S MEETINGS MAY BE REIMBURSED IF THESE SPOUSES ARE REPRESENTING THE INSTITUTION AT SUCH EVENTS. THE OVERSEAS TRAVEL FOR OUR VICE-CHAIRMAN, BY AGREEMENT, MAY BE OCCASIONALLY IN FIRST CLASS. |
| SCHEDULE J, PART I, LINE 3 | THE CHAIRMAN WAS COMPENSATED BY THE WORLD ECONOMIC FORUM IN SWITZERLAND WHICH ESTABLISHED HIS COMPENSATION USING THE FOLLOWING METHODS: - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE |
| SCHEDULE J, PART II | COMPENSATION OF BOARD MEMBERS COMPENSATION PAID TO JIM HAGEMANN SNABE IS RELATED TO HIS WORK AT THE WORLD ECONOMIC FORUM IN SWITZERLAND, BASED ON THE CALENDAR YEAR 2015. HE BECAME CHAIRMAN OF THE ORGANIZATION IN FEBRUARY 2015. COMPENSATION PAID TO JEAN-PIERRE ROSSO IS RELATED TO HIS DUTIES AS THE VICE-CHAIRMAN OF THE ORGANIZATION. HIS DUTIES DURING FISCAL YEAR 2016 ARE TO WORK WITH OUR INDUSTRY PARTNERS AND TEAMS ON BUSINESS DEVELOPMENT AND ATTEND REGIONAL MEETINGS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (16 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| ORGANIZATION'S MISSION STATEMENT - FORM 990, PART III, LINE 1 | THE WORLD ECONOMIC FORUM USA IS AN INDEPENDENT NON-PROFIT ORGANIZATION COMMITTED TO IMPROVING THE STATE OF THE WORLD BY ENGAGING INDUSTRY LEADERS IN PARTNERSHIPS TO SHAPE GLOBAL REGIONAL AND INDUSTRY AGENDAS. WE ARE THE NORTH AMERICAN AFFILIATE OF THE WORLD ECONOMIC FORUM, A NON-PROFIT FOUNDATION HEADQUARTERED IN GENEVA, SWITZERLAND. THE WORLD ECONOMIC FORUM USA ACTS AS A CENTRE FOR GLOBAL INDUSTRIES FOR OUR INDUSTRY PARTNERS, SELECT MEMBER COMPANIES THAT STRONGLY SUPPORT THE FORUM'S MISSION TO DRIVE RELEVANT AND SUSTAINABLE CHANGE FOR BUSINESS AND SOCIETY. TOGETHER, THESE PARTNERS IDENTIFY, DISCUSS AND ADDRESS THEIR SECTOR'S CRITICAL ISSUES THROUGH INDUSTRY-SPECIFIC INITIATIVES, PROJECTS AND TASK FORCES, AS WELL AS ACTIVELY CONTRIBUTE TO THE WORLD ECONOMIC FORUM ANNUAL MEETING IN DAVOS-KLOSTERS, SWITZERLAND, AND REGIONAL EVENTS. THE WORLD ECONOMIC FORUM USA SPECIALIZES IN SUPPORTING OUR GLOBAL MEMBERSHIP AND PARTICIPANTS AT OUR MANY REGIONAL EVENTS THROUGHOUT THE YEAR, AND AT OUR ANNUAL MEETING IN DAVOS-KLOSTERS, SWITZERLAND. IN ADDITION, THE FORUM USA ORGANIZES NUMEROUS HIGH-LEVEL MEETINGS IN NEW YORK EACH YEAR TO SUPPORT THE WORK OF OUR CONSTITUENTS. THIS INCLUDES THE ANNUAL INDUSTRY PARTNERSHIP STRATEGY MEETING, WHICH BRINGS TOGETHER SELECT MEMBER COMPANIES THAT ARE ACTIVELY INVOLVED IN THE FORUM'S MISSION AT THE INDUSTRY LEVEL. |
| VOTING RIGHTS- FORM 990, PART VI, SECTION A, LINE 1A | THE SECRETARY OF THE BOARD PARTICIPATES IN BOARD MEETINGS BUT DOES NOT HAVE VOTING RIGHTS. |
| GOVERNING BODY/MANAGEMENT- FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS WERE UPDATED TO ADD THE OFFICER POSITIONS OF VICE CHAIRMAN AND MANAGING DIRECTOR, AND REMOVE THE FORMER OFFICER POSITIONS OF PRESIDENT AND VICE PRESIDENT. |
| GOVERNING BODY/MANAGEMENT- FORM 990, PART VI, SECTION A, LINE 7A | THE WORLD ECONOMIC FORUM, A SWISS NON-PROFIT FOUNDATION, HAS THE POWER TO APPOINT A MAJORITY OF THE WORLD ECONOMIC FORUM USA'S BOARD OF DIRECTORS. |
| GOVERNING BODY/MANAGEMENT- FORM 990, PART VI, SECTION A, LINE 7B | A MAJORITY OF THE ENTIRE BOARD OF DIRECTORS SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS IF A MAJORITY OF THE DIRECTORS PRESENT HAVE BEEN APPOINTED BY THE WORLD ECONOMIC FORUM (THE FORUM), A SWISS NON-PROFIT FOUNDATION. THE FORUM THUS HAS THE POWER TO MAKE GOVERNANCE DECISIONS OR RATIFY DECISIONS OF THE GOVERNING BODY MADE BY WORLD ECONOMIC FORUM USA'S BOARD OF DIRECTORS. |
| FORM 990 REVIEW PROCESS- FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE INFORMATION PROVIDED BY THE ORGANIZATION'S HEAD OF FINANCE AND OPERATIONS. IT IS THEN REVIEWED AND APPROVED BY THE MANAGING DIRECTOR, CHAIRMAN AND VICE-CHAIRMAN BEFORE FILING, AND IS ALSO PROVIDED TO THE SENIOR MANAGEMENT OF THE WORLD ECONOMIC FORUM IN SWITZERLAND FOR COMMENT. THE BOARD OF DIRECTORS WAS DISSOLVED PRIOR TO THE FILING OF THIS FORM 990, WHEN THE WORLD ECONOMIC FORUM USA CONVERTED TO A SINGLE MEMBER LLC, WITH THE WORLD ECONOMIC FORUM IN SWITZERLAND AS ITS SINGLE MEMBER. |
| CONFLICT OF INTEREST POLICY-FORM 990, PART VI,SECTION B, LINE 12A | EMPLOYEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THIS POLICY ESTABLISHES THE FRAMEWORK WITHIN WHICH THE FORUM USA WISHES THE BUSINESS TO OPERATE. THE PURPOSE OF THESE GUIDELINES IS TO PROVIDE GENERAL DIRECTION SO THAT EMPLOYEES MAY SEEK FURTHER CLARIFICATION ON ISSUES RELATED TO THE SUBJECT OF ACCEPTABLE STANDARDS OF OPERATION. AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST OCCURS WHEN AN EMPLOYEE IS IN A POSITION TO INFLUENCE A DECISION THAT MAY RESULT IN A PERSONAL GAIN FOR THAT EMPLOYEE OR FOR A RELATIVE AS A RESULT OF THE FORUM USA'S BUSINESS DEALINGS. FOR THE PURPOSES OF THIS POLICY, A RELATIVE IS ANY PERSON WHO IS RELATED BY BLOOD OR MARRIAGE OR WHOSE RELATIONSHIP WITH THE EMPLOYEE IS SIMILAR TO THAT OF PERSONS WHO ARE RELATED BY BLOOD OR MARRIAGE. IT IS IMPERATIVE THAT EMPLOYEES DISCLOSE TO THE MANAGING DIRECTOR AS SOON AS POSSIBLE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. PERSONAL GAIN MAY RESULT NOT ONLY IN CASES WHERE AN EMPLOYEE OR RELATIVE HAS A SIGNIFICANT OWNERSHIP IN A FIRM WITH WHICH THE FORUM USA DOES BUSINESS BUT ALSO WHEN AN EMPLOYEE OR RELATIVE RECEIVES ANY KICKBACK, BRIBE, SUBSTANTIAL GIFT, OR SPECIAL CONSIDERATION AS A RESULT OF ANY TRANSACTION OR BUSINESS DEALINGS INVOLVING THE FORUM USA. ALL DISCLOSURES REQUIRED BY THIS POLICY ARE TO BE DECLARED IN WRITING TO THE MANAGING DIRECTOR OF THE FORUM USA AS SOON AS IS REASONABLY POSSIBLE ONCE ONE OR MORE OF THE FOLLOWING OCCURS: - WHEN YOU ARE OR BECOME AN OFFICER OR DIRECTOR OF ANY ORGANIZATION; - WHEN YOU RECEIVE ANY SOURCE OF EMPLOYMENT OR CONSULTING INCOME OUTSIDE THE FORUM USA (PLEASE SEE OUTSIDE ACTIVITIES POLICY ABOVE.); - WHEN ANY FORMAL AND/OR ONGOING RELATIONSHIP WITH ANY CURRENT FORUM USA MEMBER OR PARTNER COMPANY IS FORMED, INCLUDING BOTH THOSE COMPENSATED OR NOT COMPENSATED (E.G., ADVISORY BOARDS); AND - WHEN ANY GIFT OR ADVANTAGE IS ACCEPTED (PLEASE SEE GIFTS POLICY ABOVE). - ALL BOARD MEMBERS SIGN AN ACKNOWLEDGMENT DISCLOSING ANY CONFLICT OF INTEREST WITH THE ORGANIZATION AS WELL AS AN ANNUAL QUESTIONNAIRE TO IDENTIFY ANY RELATED ACTIVITY THAT MAY BE A CONFLICT OF INTEREST. |
| CONFLICT OF INTEREST POLICY-FORM 990,PART VI,SECTION B,LN 12B&12C | THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY TO REQUIRE DIRECTORS AND OFFICERS TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. SUCH POLICY WAS IN PLACE IN FISCAL YEAR 2016. THE ORGANIZATION CIRCULATES ANNUAL CONFLICT OF INTEREST QUESTIONNAIRES WHICH ARE REVIEWED BY THE MANAGING DIRECTOR OF FORUM USA. KEY EMPLOYEES ARE REQUIRED TO RAISE ANY POTENTIAL CONFLICTS OF INTEREST TO THE MANAGING DIRECTOR OF FORUM USA. |
| COMPENSATION REVIEW PROCESS-FORM 990, PART VI, SECTION B, LINE 15 | THE CHAIRMAN'S COMPENSATION IS SET BY THE WORLD ECONOMIC FORUM IN SWITZERLAND. THE FORUM IN SWITZERLAND WORKED WITH AN EXTERNAL, GLOBALLY RECOGNISED PARTNER THAT MANAGED CREATING A JOB STRUCTURE, DEFINING LEVELS AND BUILDING PAY RANGES. FEWER, BROADER AND OVERLAPPING PAY RANGES WERE ESTABLISHED BASED ON BENCHMARKING WITH 3 SECTORS; INTERNATIONAL ORGANISATIONS, CONSULTING FIRMS AND GENERAL INDUSTRY COMPANIES. GENERAL REMUNERATION GUIDELINE FOR THE MANAGING BOARD IS APPROVED BY THE BOARD OF TRUSTEES AS PER THE LAWS GOVERNING THE ORGANIZATION OF THE WORLD ECONOMIC FORUM, SWITZERLAND (FORUM SWITZERLAND). THE CHAIRMAN'S COMPENSATION IS APPROVED BY THE MANAGING BOARD OF FORUM SWITZERLAND IN LINE WITH APPROVED REMUNERATION GUIDELINE. THE VICE-CHAIRMAN'S SALARY IS INITIALLY SET BASED ON A SURVEY OF COMPARABLE POSITIONS AND IN CONSULTATION WITH INDEPENDENT OUTSIDE EXPERTS INCLUDING AN EXECUTIVE SEARCH FIRM AND EXECUTIVES FROM THE WORLD ECONOMIC FORUM IN SWITZERLAND. IT IS THEN RATIFIED BY THE BOARD OF DIRECTORS AND HAS NOT BEEN CHANGED SINCE RATIFICATION. THE VICE-CHAIRMAN RECUSES HIMSELF DURING BOARD DISCUSSIONS RELATING TO HIS COMPENSATION. THE VICE-CHAIRMAN DOES NOT RECEIVE ANY PERFORMANCE-RELATED BONUS OR SIMILAR FORM OF COMPENSATION. FOR THE OTHER OFFICERS, THE COMPENSATION PROCESS IS LED BY THE VICE-CHAIRMAN. INITIAL SALARY LEVELS ARE SET BASED ON A SURVEY OF COMPARABLE POSITIONS AND IN CONSULTATION WITH INDEPENDENT OUTSIDE EXPERTS INCLUDING AN EXECUTIVE SEARCH FIRM AND EXECUTIVES FROM THE WORLD ECONOMIC FORUM IN SWITZERLAND. PERFORMANCE IS ASSESSED ON AN ANNUAL BASIS THROUGH AN ORGANIZATION-WIDE FORMAL REVIEW PROCESS WHICH IS USED TO DETERMINE ANY APPLICABLE PERFORMANCE RELATED BONUSES. |
| GOVERNING DOCUMENTS- FORM 990, PART VI, SECTION C, LINE 19 | NO DOCUMENTS RELATED TO GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS HAVE BEEN MADE AVAILABLE TO THE PUBLIC DURING FISCAL YEAR 2016. |
| FORM 990 PART IX LINE 11G | DESCRIPTION:FEE FOR PROGRAM SERVICES TOTAL FEES:13284307 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CONSULTING FEES TOTAL FEES:938877 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:INVESTMENT CHARGES TOTAL FEES:173529 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:PAYROLL FEES TOTAL FEES:97823 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:BANK FEES/SERVICE CHARGE TOTAL FEES:13101 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:MISC. TOTAL FEES:2740 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORLD ECONOMIC FORUM | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 91-93 ROUTE DE LA CAPITE | AddressLine1Txt |
| City | CH-1223 COLOGNY/GENEVA | CityNm |
| Country | SZ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 980459408 | EIN |
| Primary Activities | GLOBAL MTGS | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | SZ | LegalDomicileForeignCountryCd |
| Exempt Code Section | 501(C)(6) | ExemptCodeSectionTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
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