Institute Of International Education Inc is located in New York, NY. The organization was established in 1945. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2023, Institute Of International Education Inc employed 618 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute Of International Education 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 09/2022, Institute Of International Education Inc generated $326.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $310.6m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Institute Of International Education Inc has awarded 781 individual grants totaling $441,076,609. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELP PEOPLE AND ORGANIZATIONS LEVERAGE THE POWER OF INT'L EDUCATION - CONTINUED IN SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL EXCHANGE OF STUDENTS AND SCHOLARS:BY IMPLEMENTING SOME OF THE WORLD'S MOST PRESTIGIOUS AND INNOVATIVE SCHOLARSHIP PROGRAMS IN A FAIR AND TRANSPARENT MANNER, THE INSTITUTE PROVIDES TALENT FROM AROUND THE WORLD WITH ACCESS TO LEADING INSTITUTIONS OF HIGHER EDUCATION AND THE INTERNATIONAL EXPERIENCE THAT IS CRITICAL TO SUCCESS IN THE 21ST CENTURY WORKPLACE. THESE PROGRAMS ARE VITAL TO PROMOTING MUTUAL UNDERSTANDING AND DEVELOPING GLOBAL LEADERS. EXAMPLES INCLUDE: FULBRIGHT STUDENT AND FULBRIGHT SCHOLAR PROGRAMS WHICH ARE SPONSORED BY THE U.S. DEPARTMENT OF STATE.
EMERGENCY STUDENT AND SCHOLAR ASSISTANCE:THE INSTITUTE PROVIDES EMERGENCY ASSISTANCE TO SCHOLARS AND STUDENTS THROUGHOUT THE WORLD. THROUGH THE SCHOLAR RESCUE FUND, THE INSTITUTE PROVIDES SUPPORT AND SAFE HAVEN TO ACADEMICS WHO ARE PERSECUTED AS A RESULT OF THEIR ACADEMIC WORK. THROUGH THE EMERGENCY STUDENT FUND, THE INSTITUTE PROVIDES SUPPORT TO STUDENTS FACING EMERGENCIES AND CRISES SUCH AS ILLNESS OR NATURAL DISASTERS. THE IIE ODYSSEY PROGRAM PROVIDES COMPREHENSIVE SCHOLARSHIPS TO REFUGEES AND DISPLACED STUDENTS AROUND THE WORLD.RESEARCH AND PUBLICATIONS:THE INSTITUTE PRODUCES APPLIED RESEARCH AND ANALYSIS IN THE FIELD OF INTERNATIONAL EDUCATION AND STUDENT MOBILITY. AN EXAMPLE IS "OPEN DOORS," A COMPREHENSIVE INFORMATION RESOURCE PRODUCED WITH SUPPORT FROM THE UNITED STATES DEPARTMENT OF STATE THAT DOCUMENTS AND ANALYZES ACADEMIC MOBILITY BETWEEN THE US AND THE NATIONS OF THE WORLD. THE INSTITUTE ALSO PROVIDES RESEARCH AND PROGRAM EVALUATION SERVICES TO DOMESTIC AND INTERNATIONAL GOVERNMENT AGENCIES, NOT-FOR-PROFIT ORGANIZATIONS AND FOUNDATIONS. THE INSTITUTE'S PUBLICATIONS, CONFERENCES AND MEMBERSHIP ORGANIZATION (IIE NETWORK) HELP GUIDE POLICIES AND PROGRAMS IN THE FIELD OF INTERNATIONAL EDUCATION BY PROVIDING GUIDANCE ON INTERNATIONAL STUDY PROGRAMS AND FUNDING.
LEADERSHIP DEVELOPMENT EDUCATIONAL SERVICES:THE INSTITUTE IMPLEMENTS PROGRAMS TO BUILD LEADERSHIP SKILLS AND ENHANCE THE CAPACITY OF INDIVIDUALS AND ORGANIZATIONS TO ADDRESS LOCAL AND GLOBAL CHALLENGES. LONG AND SHORT TERM TRAINING PROGRAMS IMPLEMENTED BY THE INSTITUTE CONNECT STUDENTS AND PROFESSIONALS WITH PEERS AND COLLEAGUES AROUND THE WORLD TO GAIN THE SKILLS AND INTERNATIONAL PERSPECTIVES THEY WILL NEED TO FORGE SOLUTIONS TO GLOBAL CHALLENGES. EXAMPLES INCLUDE: DEPARTMENT OF STATE PROGRAMS, SUCH AS THE INTERNATIONAL VISITOR LEADERSHIP PROGRAM AND TECHWOMEN, AS WELL AS VARIOUS USAID PROGRAMS.
HIGHER EDUCATION INSTITUTIONAL DEVELOPMENT:THE INSTITUTE WORKS CLOSELY WITH PUBLIC AND PRIVATE HIGHER EDUCATION INSTITUTIONS TO DEVELOP HIGH-QUALITY ACADEMIC EXCHANGE PROGRAMS IN COORDINATION WITH GOVERNMENT AND NOT-FOR-PROFIT ORGANIZATIONS AND CORPORATIONS. LEVERAGING EXTENSIVE NETWORKS AND EXPERTISE WITHIN THE HIGHER EDUCATION COMMUNITY WORLDWIDE, THE INSTITUTE IS UNIQUELY POSITIONED TO HELP SHAPE NEW UNIVERSITIES AND EXPAND THE CAPABILITIES AND RELATIONSHIPS OF EXISTING ACADEMIC INSTITUTIONS. THE INSTITUTE ALSO HELPS IDENTIFY AND DEVELOP RELATIONSHIPS WITH UNIVERSITIES IN THE US AND OTHER COUNTRIES. EXAMPLES INCLUDE: THE KING ABDULLAH UNIVERSITY OF SCIENCE AND TECHNOLOGY (KAUST) AND NEW YORK UNIVERSITY, ABU DHABI.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Allan E Goodman Chief Executive Officer/trustee | OfficerTrustee | 40 | $787,536 |
Mr Hartley R Rogers Vice Chair/treasurer/trustee | OfficerTrustee | 1.5 | $0 |
Mr Mark Angelson Chair/trustee | OfficerTrustee | 4.5 | $0 |
Mr Calvin G Butler Jr Vice Chair/trustee | OfficerTrustee | 1.25 | $0 |
Mr Thomas A Russo Vice Chair/trustee (thru 12/2022) | OfficerTrustee | 2 | $0 |
Ms Linda Vester Vice Chair/trustee | OfficerTrustee | 1.75 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pricewaterhousecoopers Llp Audit & Tax Services | 9/29/23 | $540,000 |
Jurin Consulting Services Llc Peoplesoft Support | 9/29/23 | $247,375 |
Baker Tilly Us Llp Internal Audit | 9/29/23 | $170,355 |
Kae Strategic Llc Program Strategy Services | 9/29/23 | $150,000 |
Florentino & Grimshaw Llc Legal Services | 9/29/23 | $109,924 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $250,732,076 |
All other contributions, gifts, grants, and similar amounts not included above | $34,733,525 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $285,465,601 |
Total Program Service Revenue | $35,103,709 |
Investment income | $4,099,585 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,694,737 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $326,453,880 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $51,453,831 |
Grants and other assistance to domestic individuals. | $145,950,151 |
Grants and other assistance to Foreign Orgs/Individuals | $12,034,281 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,733,297 |
Compensation of current officers, directors, key employees. | $775,981 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $42,407,555 |
Pension plan accruals and contributions | $3,445,707 |
Other employee benefits | $7,468,306 |
Payroll taxes | $2,753,554 |
Fees for services: Management | $0 |
Fees for services: Legal | $512,553 |
Fees for services: Accounting | $631,932 |
Fees for services: Lobbying | $302,605 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $339,679 |
Fees for services: Other | $21,205,534 |
Advertising and promotion | $0 |
Office expenses | $2,021,622 |
Information technology | $2,469,433 |
Royalties | $0 |
Occupancy | $6,306,609 |
Travel | $2,018,413 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,539,872 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,370,981 |
Insurance | $486,115 |
All other expenses | $136,747 |
Total functional expenses | $310,588,777 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,234,567 |
Savings and temporary cash investments | $53,820,273 |
Pledges and grants receivable | $4,606,248 |
Accounts receivable, net | $51,016,600 |
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 | $6,613,143 |
Net Land, buildings, and equipment | $13,724,212 |
Investments—publicly traded securities | $167,917,540 |
Investments—other securities | $20,824,899 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $40,144,397 |
Total assets | $375,901,879 |
Accounts payable and accrued expenses | $48,441,714 |
Grants payable | $32,142,842 |
Deferred revenue | $227,461 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $43,978,017 |
Total liabilities | $124,790,034 |
Net assets without donor restrictions | $170,100,752 |
Net assets with donor restrictions | $81,011,093 |
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 | $375,901,879 |
Over the last fiscal year, Institute Of International Education Inc has awarded $60,375,720 in support to 81 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN UNIVERSITY PURPOSE: EDUCATION EXCHANGE | $291,637 |
ARIZONA STATE UNIVERSITY PURPOSE: EDUCATION EXCHANGE | $1,548,031 |
BALL STATE UNIVERSITY PURPOSE: EDUCATION EXCHANGE | $28,116 |
BRIGHAM YOUNG UNIVERSITY PURPOSE: EDUCATION EXCHANGE | $635,355 |
BARD COLLEGE PURPOSE: EDUCATION EXCHANGE | $8,048 |
BOSTON UNIVERSITY PURPOSE: EDUCATION EXCHANGE | $237,158 |