INSEAD NORTH AMERICA INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
INSEAD NORTH AMERICA INC (EIN 31-1734079)
Tax period
2015-09-01 to 2016-08-31
Filed
2017-04-06
IRS object ID
201730969349300418
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

FieldValueIRS element (for citing)
Return2017-04-06T09:10:54-07:00ReturnTs
Tax Period End2016-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bencivenga Ward & Company CPAs PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1420 Columbus Avenue Suite 304AddressLine1Txt
CityValhallaCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105951382ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311734079EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INSEAD NORTH AMERICA INCBusinessNameLine1Txt
Business Name Line2CO BENCIVENGA WARD & COMPANY CPASBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlINSEBusinessNameControlTxt
Phone9147695005PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1420 COLUMBUS AVENUEAddressLine1Txt
CityVALHALLACityNm
State AbbreviationNYStateAbbreviationCd
ZIP10595ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLeonard J BencivengaPersonNm
Person TitleAssistant TreasurerPersonTitleTxt
Signature2017-04-06SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLeonard J Bencivenga CPAPreparerPersonNm
PTINP00116788PTIN
Phone9147695005PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAndreas JacobsPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O BWC 420 COLUMBUS AVEAddressLine1Txt
CityVALHALLACityNm
State AbbreviationNYStateAbbreviationCd
ZIP10595ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,626,160GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Activity Or MissionInsead North America Inc, ("INA") employs U. S. resident professors to teach courses at Insead University in Paris, France, and INA conducts Executive Education programs to further support INSEAD's mission and development.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee11TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$281,336PYContributionsGrantsAmt
CY Contributions Grants$321,438CYContributionsGrantsAmt
PY Program Service Revenue$2,355,616PYProgramServiceRevenueAmt
CY Program Service Revenue$3,302,385CYProgramServiceRevenueAmt
PY Investment Income$3,137PYInvestmentIncomeAmt
CY Investment Income$2,337CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,640,089PYTotalRevenueAmt
CY Total Revenue$3,626,160CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$677,324PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,133,159CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,597,880PYOtherExpensesAmt
CY Other Expenses$2,420,249CYOtherExpensesAmt
PY Total Expenses$3,275,204PYTotalExpensesAmt
CY Total Expenses$3,553,408CYTotalExpensesAmt
PY Revenues Less Expenses-$635,115PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$72,752CYRevenuesLessExpensesAmt
Total Assets BOY$1,682,678TotalAssetsBOYAmt
Total Assets EOY$1,927,385TotalAssetsEOYAmt
Total Liabilities BOY$596,981TotalLiabilitiesBOYAmt
Total Liabilities EOY$768,936TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,085,697NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,158,449NetAssetsOrFundBalancesEOYAmt
MissionInsead North America Inc, ("INA") employs U. S. resident professors to teach courses at Insead University in Paris, France, and INA conducts Executive Education programs to further support INSEAD's mission and development.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,139,794ExpenseAmt
Revenue$2,549,305RevenueAmt
DescExecutive Education Program- INA organizes courses and employs resident professors or visiting professors to teach courses to executives of various organizations in the Americas. Expenses related to this program include teaching costs and operational expenses.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$896,960ExpenseAmt
Revenue$753,080RevenueAmt
DescOther Programs- INA conducts various activities aimed at supporting INSEAD in the Americas. These activities include building awareness of INSEAD amongst potential MBA or EMBA candidates for the INSEAD master programs, developing relationships with the local alumni community and more generally advancing the educational mission of INSEAD to develop the next generation of transcultural leaders.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$152,242ExpenseAmt
DescINA employs U. S. resident professors to teach courses at Insead University in Paris, France. Expenses related to this program are paid for by Insead University and are treated by INA as payments to affiliates on line 21 of Part IX, page 10, Form 990.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,188,996TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee11EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressYes (true)OfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLeonard J Bencivenga CPAPersonNm
Phone9147695005PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1420 Columbus Ave Ste 304AddressLine1Txt
CityValhallaCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105951382ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Andreas Jacobs
Chairman- 4/151.000.00Yes (X)Yes (X)$0$0$0
Eric Ponsonnet
Vice Chairman1.000.00Yes (X)Yes (X)$0$0$0
Erika Gudjonson
Company Sec1.000.00Yes (X)Yes (X)$0$0$0
Beatrice Pige
Treasurer1.000.00Yes (X)Yes (X)$0$0$0
Peter Zemsky
Vice Chairman1.000.00Yes (X)Yes (X)$0$0$0
Virginie Bodescot
Company Officer1.000.00Yes (X)Yes (X)$0$0$0
Franz B Humer
Chairman-3/151.000.00Yes (X)Yes (X)$0$0$0
Leonard J Bencivenga
Assistant Treas10.000.00Yes (X)$0$0$0
JOHN STEWART BLACK
LEADERSHIP PROFESSOR40.000.00$146,743$0$0Yes (X)
RENEE A MAUBORGNE
STRATEGY PROF40.000.00$142,398$0$0Yes (X)
CHRISTEN E WISE
DIR OF DEVELOPMENT40.000.00$84,997$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$374,138TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BENCIVENGA WARD & COMPANY CPAs PCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1420 COLUMBUS AVENUE SUITE 304AddressLine1Txt
CityVALHALLACityNm
State AbbreviationNYStateAbbreviationCd
ZIP105951382ZIPCd
FieldValueIRS element (for citing)
ServicesCPA SVCS, TAX/ADMINServicesDesc
Compensation$149,617CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$321,438AllOtherContributionsAmt
Total Contributions$321,438TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescEducational ServicesDesc
Total Revenue Column$3,302,385TotalRevenueColumnAmt
Related Or Exempt Func Income$3,302,385RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,302,385TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,337TotalRevenueColumnAmt
Exclusion$2,337ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,626,160TotalRevenueColumnAmt
Related Or Exempt Func Income$3,302,385RelatedOrExemptFuncIncomeAmt
Exclusion$2,337ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$146,743TotalAmt
Program Services$146,743ProgramServicesAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$827,674TotalAmt
Program Services$827,674ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$41,249TotalAmt
Program Services$41,249ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$56,682TotalAmt
Program Services$51,436ProgramServicesAmt
Management And General$5,246ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$60,811TotalAmt
Program Services$60,811ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$50,645TotalAmt
Management And General$50,645ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$125,000TotalAmt
Management And General$125,000ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,730TotalAmt
Management And General$1,730ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,079TotalAmt
Program Services$2,079ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,712TotalAmt
Program Services$6,712ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$152,382TotalAmt
Program Services$152,382ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$70,684TotalAmt
Program Services$70,684ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,611TotalAmt
Management And General$1,611ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$46,533TotalAmt
Management And General$46,533ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Direct program expenses$1,736,765$1,736,765
Consultants- Insead$129,186$46,754$82,432
Insead license fees$51,800$51,800
Other expenses$20,003$28,496-$8,493

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$25,119TotalAmt
Program Services$17,211ProgramServicesAmt
Management And General$7,908ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,553,408TotalAmt
Program Services$3,188,996ProgramServicesAmt
Management And General$364,412ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$93,416BOYAmt
EOY$165,832EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,470,671BOYAmt
EOY$1,057,952EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$70,437BOYAmt
EOY$489,117EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$45,858BOYAmt
EOY$213,799EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$31,974LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$31,289LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,296BOYAmt
EOY$685EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,682,678BOYAmt
EOY$1,927,385EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$219,358BOYAmt
EOY$424,973EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$167,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$377,623BOYAmt
EOY$176,963EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$596,981BOYAmt
EOY$768,936EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,085,697BOYAmt
EOY$1,158,449EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,085,697BOYAmt
EOY$1,158,449EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,682,678BOYAmt
EOY$1,927,385EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$72,752ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1INSTITUT EUROPEEN DADMINISTRATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN311551644EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationYes (true)SuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USYes (true)SupportedOrgNotOrganizedUSInd
Control Deciding Grnt Frgn OrgYes (true)ControlDecidingGrntFrgnOrgInd
Support Foreign Org No DetermYes (true)SupportForeignOrgNoDetermInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (true)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt OrgfalseOperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part IV, Section A, Line 2: Description Of How Organization Determined Supported Org.THE INSTITUT EUROPEEN D'ADMINISTRATION DES AFFAIRES ("INSTITUT") IS A FOREIGN EQUIVALENT, TAX-EXEMPT ORGANIZATION. THE INSTITUT WAS RECOGNIZED AS A PUBLIC CHARITY UNDER SECTION 170(b)(1)(ii) AND TAX-EXEMPT UNDER SECTION 501(C)(3) ON fEBRUARY 7, 2017 EFFECTIVE JULY 13, 2016. INSEAD NORTH AMERICA INC. ("INA") EXCLUSIVELY SUPPORTS THE MISSION OF THE INSTITUT, A FRENCH ASSOCIATION ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDCUATIONAL AND SCIENTIFIC PURPOSES. THE INSTITUT IS NOT A PRIVATE FOUNDATION UNDER THE TAX LAWS OF FRANCE, AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION UNDER U.S. TAX LAW.
Part IV, Section A, Line 4b: Description Of Control And DescretionINA DOES NOT MAKE GRANTS TO THE INSTITUT OR ANY OTHER ORGANIZATION. INA SUPPORTS THE EDCUCATIONAL MISSION OF THE INSTITUT BY PROVIDING U.S. RESIDENT PROFESSORS TO TEACH COURSES AT INSEAD UNVERSITY IN FRANCE. IN ADDITION, INA CONDUCTS EXECUTIVE SEMINARS THAT ARE IN CONCERT WITH THE INSTITUT'S MISSION BY EXPANDING THE INSEAD IMAGE AND BRAND IN THE UNITED STATES.
Part IV, Section A, Line 4c: Description Of Controls To Ensure Exclusive 170(c)(2)(B) UseTHE INSTITUT IS ORGANIZED UNDER THE NOT-FOR-PROFIT CORPORATION LAWS OF FRANCE AND WOULD BE CLASSIFIED AS A PUBLIC CHARITY AND NOT A PRIVATE FOUNDATION UNDER U.S. TAX LAW.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$31,974OtherCostOrOtherBasisAmt
Depreciation$31,289DepreciationAmt
Book Value$685BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$685TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescINSTITUT EUROPEEN D'ADMINISTRATION DESDesc
Amt$176,963Amt
FieldValueIRS element (for citing)
Total Liability$176,963TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X : FIN48 FootnoteFormAndLineReferenceDesc
ExplanationThe Organization is subject to the provisions of the Financial Accounting Standards Boards Accounting Standards Codification (ASC) Topic 740-10-05 relating to accounting and reporting for uncertainty in income taxes. This requires management to evaluate tax positions taken and recognize a tax liability (or asset) if INA has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service (IRS). Due to INAs general not-for-profit status, management believes there are no tax positions that would have a material impact on its financial statements.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1L BENCIVENGA BWC CPAs PCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionOFFICER OF INARelationshipDescriptionTxt
Transaction$149,617TransactionAmt
TransactionCPA SVCS (ACCTG, TAX)TransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, EtONE OFFICER IS A PARTNER IN A BUSINESS WHICH PROVIDES SERVICES TO INSEAD NORTH AMERICA.
Form 990, Part VI, Line 9: Officer, Director, Trustee, Key Employee Mailing AddressANDREAS JACOBS, ERIC PONSONNET, PETER ZEMSKY, BEATRICE PIGE,VIRGINIE BODESCOT AND ERIKA GUDJONSON CAN BE REACHED AT INSEAD UNIVERSITY, BOULEVARD de CONSTANCE, 77305 FONTAINEBLEAU, CEDEX, FRANCE.
Form 990, Part VI, Line 11b: Form 990 Review ProcessA COPY OF INA's FORM 990 WAS PROVIDED TO THE CFO OF INSEAD UNIVERSITY WHO IS RESPONSIBLE FOR AND REVIEWED THE ENTIRE FORM BEFORE IT WAS FILED BY INA.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsMONITORED BY THE CFO AND HUMAN RESOURCES DIRECTOR OF INSEAD UNIVERSITY
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableTHE PUBLIC CAN ACCESS THESE DOCUMENTS BY WRITTEN REQUEST TO INA AT 420 COLUMBUS AVENUE, VALHALLA, NEW YORK 10595-1382.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
INSEAD MGMT EDUCATION FOUNDATION
PO BOX 7555NEW YORKNY10150EDUCATIONAL SERVICESNY501(C)(3)PUBLIC CHARITYN/Afalse
INSTITUT EUROPEEN DADMINISTRATION DES
EDUCATIONAL SERVICESFOR EQU TAX-EXEMPTPUBLIC CHARITYN/AfalseBoulevard de Constance77305 FONTAINEBLEAUFRCEDEXFR
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
INSTITUT EUROPEEN DADMINISTRATION DES
c$321,438CONTRIBUTION
INSTITUT EUROPEEN DADMINISTRATION DES
p$357,949SVCS RENDERED

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