INSEAD NORTH AMERICA INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
INSEAD NORTH AMERICA INC (EIN 31-1734079)
Tax period
2014-09-01 to 2015-08-31
Filed
2016-07-12
IRS object ID
201631949349301008
Schema version
2014v6.0
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)
Return2016-07-12T11:50:48-07:00ReturnTs
Tax Period End2015-08-31TaxPeriodEndDt

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 Begin2014-09-01TaxPeriodBeginDt

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
Signature2016-07-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLeonard J Bencivenga CPAPreparerPersonNm
PTINP00116788PTIN
Phone9147695005PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerFranz B HumerPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O BWC 420 COLUMBUS AVEAddressLine1Txt
CityVALHALLACityNm
State AbbreviationNYStateAbbreviationCd
ZIP10595ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,640,089GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateNYLegalDomicileStateCd
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 Employee9TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$397,545PYContributionsGrantsAmt
CY Contributions Grants$281,336CYContributionsGrantsAmt
PY Program Service Revenue$3,563,505PYProgramServiceRevenueAmt
CY Program Service Revenue$2,355,616CYProgramServiceRevenueAmt
PY Investment Income$2,351PYInvestmentIncomeAmt
CY Investment Income$3,137CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,963,401PYTotalRevenueAmt
CY Total Revenue$2,640,089CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,133,504PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$677,324CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,847,354PYOtherExpensesAmt
CY Other Expenses$2,597,880CYOtherExpensesAmt
PY Total Expenses$2,980,858PYTotalExpensesAmt
CY Total Expenses$3,275,204CYTotalExpensesAmt
PY Revenues Less Expenses$982,543PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$635,115CYRevenuesLessExpensesAmt
Total Assets BOY$2,671,654TotalAssetsBOYAmt
Total Assets EOY$1,682,678TotalAssetsEOYAmt
Total Liabilities BOY$950,842TotalLiabilitiesBOYAmt
Total Liabilities EOY$596,981TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,720,812NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,085,697NetAssetsOrFundBalancesEOYAmt
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$1,450,608ExpenseAmt
Revenue$2,355,616RevenueAmt
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$305,245ExpenseAmt
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

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$207,850ExpenseAmt
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
FieldValueIRS element (for citing)
Total Program Service Expenses$1,963,703TotalProgramServiceExpensesAmt
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 FootnotefalseIncludeFIN48FootnoteInd
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 RequiredYes (true)ScheduleJRequiredInd
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 Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee9EmployeeCnt
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 (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
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
Chairman1.000.00Yes (X)Yes (X)$0$0$0
Leonard J Bencivenga
Assistant Treas10.000.00Yes (X)$0$0$0
SCHON L BEECHLER
LEADERSHIP PROFESSOR40.000.00$360,577$0$0Yes (X)
RENEE A MAUBORGNE
STRATEGY PROF40.000.00$151,351$0$11,224Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$511,928TotalReportableCompFromOrgAmt
Total Other Compensation$11,224TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
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$129,618CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$281,336AllOtherContributionsAmt
Total Contributions$281,336TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescEducational ServicesDesc
Total Revenue Column$2,355,616TotalRevenueColumnAmt
Related Or Exempt Func Income$2,355,616RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,355,616TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,137TotalRevenueColumnAmt
Exclusion$3,137ExclusionAmt

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$2,640,089TotalRevenueColumnAmt
Related Or Exempt Func Income$2,355,616RelatedOrExemptFuncIncomeAmt
Exclusion$3,137ExclusionAmt

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$163,144TotalAmt
Program Services$163,144ProgramServicesAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$393,809TotalAmt
Program Services$393,809ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$15,998TotalAmt
Program Services$15,998ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$55,610TotalAmt
Program Services$55,610ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$48,763TotalAmt
Program Services$48,763ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$12,099TotalAmt
Management And General$12,099ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$115,000TotalAmt
Management And General$115,000ManagementAndGeneralAmt

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$2,370TotalAmt
Management And General$2,370ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,702TotalAmt
Program Services$8,702ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$51,010TotalAmt
Program Services$51,010ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$12,393TotalAmt
Program Services$12,393ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$1,050,000TotalAmt
Management And General$1,050,000ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,333TotalAmt
Management And General$3,333ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$13,085TotalAmt
Management And General$13,085ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Direct program expenses$1,017,842$1,017,842
Consultants- Insead$203,126$146,109$57,017
Insead license fees$51,900$51,900
Other expenses$24,508$24,486$22

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$32,512TotalAmt
Program Services$25,837ProgramServicesAmt
Management And General$6,675ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,275,204TotalAmt
Program Services$1,963,703ProgramServicesAmt
Management And General$1,311,501ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$25,123BOYAmt
EOY$93,416EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,067,600BOYAmt
EOY$1,470,671EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$551,580BOYAmt
EOY$70,437EOYAmt

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$21,722BOYAmt
EOY$45,858EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$31,974LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$29,678LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,629BOYAmt
EOY$2,296EOYAmt

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$2,671,654BOYAmt
EOY$1,682,678EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$319,689BOYAmt
EOY$219,358EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$507,633BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$123,520BOYAmt
EOY$377,623EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$950,842BOYAmt
EOY$596,981EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,720,812BOYAmt
EOY$1,085,697EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,720,812BOYAmt
EOY$1,085,697EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,671,654BOYAmt
EOY$1,682,678EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$635,115ReconcilationRevenueExpnssAmt
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 Line1INSEAD UNIVERSITY PARIS FRANCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN999999999EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$1,050,000SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$1,050,000SupportSumAmt

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.INSEAD UNIVERSITY ("INSEAD") IS A FOREIGN EQUIVALENT, TAX-EXEMPT ORGANIZATION. INSEAD NORTH AMERICA INC. ("INA") EXCLUSIVELY SUPPORTS THE MISSION OF INSEAD, A FRENCH ASSOCIATION ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDCUATIONAL AND SCIENTIFIC PURPOSES. INSEAD IS NOT A PRIVATE FOUNDATION UNDER THE TAX LAWS OF FRANCE, AND WOULD NOT BE CLASSIFIED AS A PRIVATE FOUNDTAION UNDER U.S. TAX LAW.
Part IV, Section A, Line 4b: Description Of Control And DescretionINA DOES NOT MAKE GRANTS TO INSEAD OR ANY OTHER ORGANIZATION. INA SUPPORTS THE EDCUCATIONAL MISSION OF INSEAD 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 INSEAD'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) UseINSEAD UNIVERSITY IS ORGANAIZED 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$29,678DepreciationAmt
Book Value$2,296BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,296TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO INSEAD UNIVERSITYDesc
Amt$377,623Amt
FieldValueIRS element (for citing)
Total Liability$377,623TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd
Rebuttable Presumption ProcfalseRebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
RENEE A MAUBORGNE
STRATEGY PROF$95,536$55,815$11,224$162,575
SCHON L BEECHLER
LEADERSHIP PROFESSOR$159,000$201,577$360,577

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$129,618TransactionAmt
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 AddressFRANZ B. HUMER, 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
INSEAD University
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 OrgYes (true)LoansOrGuaranteesFromOthOrgInd
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 OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
INSEAD University
c$276,336CONTRIBUTION
INSEAD University
e$377,623SVCS RENDERED
INSEAD University
p$255,026LIC FEE & SVCS
INSEAD University
r$1,050,000DEBT REPAYMENT
INSEAD MGMT EDUCATION FOUNDATION
c$5,000CONTRIBUTION

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