Conference Board Inc
- Assets
- $114.9m
- Revenue
- $99.8m
- Investments
- $0.0
- Employees
- 295
- Location
- New York, NY
- Founding
- 11/1930
- Data as of
- 12/2023
- EIN
- 13-1624108
Organization Overview
Conference Board Inc is located in New York, NY. The organization was established in 1930. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Conference Board Inc employed 295 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conference Board 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 12/2023, Conference Board Inc generated $99.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $76.5m during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CONFERENCE BOARD IS THE MEMBER-DRIVEN THINK TANK THAT DELIVERS TRUSTED INSIGHTS FOR WHAT'S AHEAD. WE HELP MEMBERS ANTICIPATE "WHAT'S AHEAD," IMPROVE THEIR PERFORMANCE, AND BETTER SERVE SOCIETY. FOUNDED IN 1916, WE ARE A NON-PARTISAN, NOT-FOR-PROFIT ENTITY HOLDING 501 (C) (3) TAX-EXEMPT STATUS IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH: THE CONFERENCE BOARD CREATES AND DISSEMINATES KNOWLEDGE ABOUT MANAGEMENT AND THE MARKETPLACE TO HELP BUSINESSES STRENGTHEN THEIR PERFORMANCE AND BETTER SERVE SOCIETY. WORKING AS A GLOBAL INDEPENDENT MEMBERSHIP ORGANIZATION IN THE PUBLIC INTEREST, THE CONFERENCE BOARD CONDUCTS RESEARCH AND PRODUCED RESEARCH REPORTS DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2023.
INFORMATION: THE COMMUNICATION DEPARTMENT COMMUNICATES THE VALUE AND PUBLIC BENEFITS OF THE CONFERENCE BOARD TO MAJOR MEDIA, INCLUDING NEWSPAPERS, MAGAZINES, RADIO/TV, AND INTERNET USERS. THROUGH PRESS RELEASES, NEWS ALERTS, PERSONAL CONTACTS AND NEWS BRIEFINGS, THE DEPARTMENT PUBLICIZES THE CONFERENCE BOARD'S MANAGEMENT AND ECONOMIC RESEARCH AND PROGRAMS. DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2023, THE CONFERENCE BOARD RECEIVED INFORMATION REQUESTS, AND INFORMATION SEARCH REQUESTS.
CONFERENCE & MEETINGS: THE CONFERENCE BOARD CONDUCTS CONFERENCES, SEMINARS, BRIEFINGS AND PEER GROUP COUNCILS TO EXCHANGE INSIGHTS AMONG EXECUTIVES OF CORPORATIONS IN VARIOUS INDUSTRY SEGMENTS. EVENTS WERE HELD IN 2023.
PUBLICATIONS: THROUGH A WIDE RANGE OF REPORTS AND PERIODICALS, THE CONFERENCE BOARD ANALYZES AND REPORTS ON BUSINESS PRACTICES AND POLICIES, AND EVALUATES WORLDWIDE ECONOMIC TRENDS. DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2023, THE CONFERENCE BOARD CONDUCTED RESEARCH AND PRODUCED REPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chair And Trustee | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chairman And Trustee | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chairman And Trustee | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chairman And Trustee | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chairman And Trustee | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair And Trustee Until 3/8/2023 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gregg Mauro Inc Pd And Professional Services | 12/30/23 | $1,614,344 |
Economic Modeling Llc Research Services | 12/30/23 | $764,111 |
Datamatics Global Services Limited Professional It Services | 12/30/23 | $731,315 |
Jorns & Associates Llc Consulting Services | 12/30/23 | $708,062 |
Canon Business Process Services Copying Services | 12/30/23 | $689,931 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,369,200 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,031,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,401,198 |
| Total Program Service Revenue | $84,232,737 |
| Investment income | $2,492,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $31,169 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,355 |
| Net Income from Fundraising Events | -$64,708 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $99,841,188 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,297,826 |
| Compensation of current officers, directors, key employees. | $2,818,785 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,872,249 |
| Pension plan accruals and contributions | $1,685,178 |
| Other employee benefits | $5,166,545 |
| Payroll taxes | $2,237,880 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $114,808 |
| Fees for services: Accounting | $411,781 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $75,489 |
| Fees for services: Other | $14,247,718 |
| Advertising and promotion | $0 |
| Office expenses | $1,720,237 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,158,105 |
| Travel | $1,202,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,527,618 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $731,685 |
| Insurance | $291,138 |
| All other expenses | $0 |
| Total functional expenses | $76,477,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,419,394 |
| Savings and temporary cash investments | $51,594,034 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,323,706 |
| 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 | $2,560,346 |
| Net Land, buildings, and equipment | $1,389,425 |
| Investments—publicly traded securities | $32,348,854 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,219,286 |
| Total assets | $114,855,045 |
| Accounts payable and accrued expenses | $21,289,662 |
| Grants payable | $0 |
| Deferred revenue | $33,084,327 |
| 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 | $12,375,680 |
| Total liabilities | $66,749,669 |
| Net assets without donor restrictions | $46,458,436 |
| Net assets with donor restrictions | $1,646,940 |
| 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 | $114,855,045 |