Lycee International De Boston International School Of Boston Inc
- Assets
- $39.7m
- Revenue
- $19.8m
- Investments
- $0.0
- Employees
- 207
- Location
- Cambridge, MA
- Founding
- 08/1966
- Data as of
- 06/2022
- EIN
- 04-2385120
Organization Overview
Lycee International De Boston International School Of Boston Inc is located in Cambridge, MA. The organization was established in 1966. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Lycee International DE Boston International School Of Boston Inc employed 207 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lycee International DE Boston International School Of Boston Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Lycee International DE Boston International School Of Boston Inc generated $19.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $19.2m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE INTERNATIONAL SCHOOL OF BOSTON (ISB) IS AN INDEPENDENT, NON-PROFIT, PRESCHOOL-12 FRENCH-ENGLISH BILINGUAL AND INTERNATIONAL SCHOOL LOCATED IN CAMBRIDGE, MASSACHUSETTS, IN ONE OF THE MOST VIBRANT METROPOLITAN AREAS IN THE UNITED STATES. AS A WORLD-CLASS, ACCREDITED ACADEMIC INSTITUTION, ISB PLACES THE DEVELOPMENT OF THE BILINGUAL BRAIN AT THE HEART OF ITS MISSION. ISB STUDENTS GRADUATE WITH AN AMERICAN HIGH SCHOOL DIPLOMA AND CHOOSE BETWEEN TWO INTERNATIONALLY RENOWNED DIPLOMAS, THE FRENCH OR THE INTERNATIONAL BACCALAUREATE, GIVING THEM THE OPPORTUNITY TO THRIVE AT LEADING UNIVERSITIES IN THE UNITED STATES, FRANCE, AND AROUND THE WORLD. OFFERING A RICH EXPERIENCE WITH RIGOROUS PROGRAMS, ISB PREPARES ITS STUDENTS FOR A LIFETIME OF LEARNING AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A BILINGUAL (ENGLISH/FRENCH) ELEMENTARY AND SECONDARY SCHOOL (PRESCHOOL THROUGH TWELFTH GRADE) FOR APPROXIMATELY 550 STUDENTS. PARTIAL SCHOLARSHIPS ARE AWARDED TO SUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philippe Suhas Chair Of Committee | OfficerTrustee | 0.5 | $0 |
Florence Bourgeois Chair Of The Board | OfficerTrustee | 0.5 | $0 |
Muriel Medard Treasurer | OfficerTrustee | 0.5 | $0 |
Anne Christine Rice Trustee | OfficerTrustee | 0.5 | $0 |
Natalie Petrossian - Resigned Isb Alumna | Trustee | 0.5 | $0 |
Bruce Carvalho Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bcs Facility Inc Custodials | 6/29/22 | $666,574 |
Matignon High School Rent | 6/29/22 | $224,597 |
Local Motion Transportation Service | 6/29/22 | $189,156 |
Fragale Building Corp Contractor | 6/29/22 | $178,331 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $100,069 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $344,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $444,154 |
| Total Program Service Revenue | $19,323,051 |
| Investment income | $15,322 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,782,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,644,064 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $661,738 |
| Compensation of current officers, directors, key employees. | $661,738 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,694,219 |
| Pension plan accruals and contributions | $394,401 |
| Other employee benefits | $987,798 |
| Payroll taxes | $835,532 |
| Fees for services: Management | $52,308 |
| Fees for services: Legal | $51,200 |
| Fees for services: Accounting | $45,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $717,197 |
| Advertising and promotion | $95,894 |
| Office expenses | $552,419 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $513,252 |
| Travel | $82,191 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $301,630 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $859,580 |
| Insurance | $99,365 |
| All other expenses | $439,412 |
| Total functional expenses | $19,228,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,632,612 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,869 |
| Accounts receivable, net | $11,563,483 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $392,002 |
| Net Land, buildings, and equipment | $16,976,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $113,732 |
| Total assets | $39,683,293 |
| Accounts payable and accrued expenses | $2,084,807 |
| Grants payable | $0 |
| Deferred revenue | $18,788,593 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,459,866 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $113,732 |
| Total liabilities | $29,446,998 |
| Net assets without donor restrictions | $10,129,185 |
| Net assets with donor restrictions | $107,110 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $39,683,293 |