International Bar Association, operating under the name Iba, is located in Washington, DC. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Iba employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iba is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Iba generated $7.8m 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 (16.5%) each year. All expenses for the organization totaled $11.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AN EXCHANGE OF INFORMATION BETWEEN LEGAL ASSOCIATIONS WORLDWIDE, TO SUPPORT THE INDEPENDENCE OF THE JUDICIARY AND THE RIGHT OF LAWYERS TO PRACTICE AND TO SUPPORT HUMAN RIGHTS FOR LAWYERS WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERE WAS NO ANNUAL CONFERENCE IN 2021.
IBA ADMINISTRATIVE OFFICE IN LONDON: THE LONDON OFFICE UNDERTAKES MOST OF THE SUPPORT WORK FOR IBA ACTIVITIES ASIDE FROM THE REGIONAL OFFICES AND IS WHERE 86 OF THE STAFF ARE BASED.REVENUE - $0EXPENSES - $8,097,265
COST OF PUBLICATIONS: A SIGNIFICANT BENEFIT OF MEMBERSHIP IS ACCESS TO THE QUALITY PUBLICATIONS PRODUCED BY THE ASSOCIATION. IBA GLOBAL INSIGHT (IGI) (FORMERLY INTERNATIONAL BAR NEWS - IBN) IS THE IBA'S FLAGSHIP MAGAZINE. PUBLISHED SIX TIMES A YEAR AND DISTRIBUTED TO ALL MEMBERS OF THE IBA, IGI CONTAINS ARTICLES COVERING TOPICAL LEGAL AND BUSINESS ISSUES, AS WELL AS HIGHLIGHTING IBA INITIATIVES AND ACTIVITIES.REVENUE - $104,451EXPENSES - $296,884
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Ellis Chief Executive Officer | Officer | 35 | $712,766 |
Tim Hughes Dep. Chief Exe. Officer | Officer | 35 | $372,009 |
Michael Maya Director - North America | 37.5 | $218,212 | |
Helena Kennedy Hri Director | 35 | $154,236 | |
Joe Bell Operations Director | 35 | $152,295 | |
Julie Elliot Conferences Director | 35 | $128,986 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Portaltech Reply Ltd Database Implementation | 12/30/21 | $1,233,791 |
Online Support Computing Ltd It Equipment & Support | 12/30/21 | $437,884 |
Sap (Uk) Ltd Database Subscription | 12/30/21 | $410,772 |
Bnp Paribas Real Estate Rent | 12/30/21 | $305,853 |
Orega Management Ltd Rent | 12/30/21 | $186,961 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $353,418 |
All other contributions, gifts, grants, and similar amounts not included above | $543,909 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $897,327 |
Total Program Service Revenue | $7,067,083 |
Investment income | $484 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$264,106 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,802,406 |
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 | $210,490 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,084,774 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,389,232 |
Pension plan accruals and contributions | $523,843 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $43,107 |
Fees for services: Accounting | $119,976 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $224,176 |
Office expenses | $221,725 |
Information technology | $1,279,720 |
Royalties | $0 |
Occupancy | $510,004 |
Travel | $105 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $570,070 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $364,686 |
Insurance | $127,373 |
All other expenses | -$31,242 |
Total functional expenses | $11,443,582 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $18,639,294 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,540,632 |
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 | $2,591,623 |
Net Land, buildings, and equipment | $65,628 |
Investments—publicly traded securities | $18,990,135 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,857,788 |
Other assets | $0 |
Total assets | $43,685,100 |
Accounts payable and accrued expenses | $2,711,429 |
Grants payable | $0 |
Deferred revenue | $780,812 |
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 | $0 |
Total liabilities | $3,492,241 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $40,192,859 |
Total liabilities and net assets/fund balances | $43,685,100 |
Over the last fiscal year, we have identified 1 grants that International Bar Association has recieved totaling $17,000.
Awarding Organization | Amount |
---|---|
Law Rocks Inc El Segundo, CA PURPOSE: GENERAL SUPPORT | $17,000 |
Organization Name | Assets | Revenue |
---|---|---|
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |
Guaranty Association Benefits Company Washington, DC | $1,687,230,547 | $54,247,522 |
American Trucking Associations Inc Washington, DC | $115,646,374 | $45,819,466 |
Entertainment Software Association Washington, DC | $37,670,266 | $39,894,859 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Business Aviation Association Inc Washington, DC | $41,505,986 | $35,013,449 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
Corporation For Travel Promotion Washington, DC | $155,155,340 | $50,300,586 |
Alliance For Automotive Innovation Washington, DC | $16,322,930 | $27,313,596 |
Air-Conditioning Heating And Refrigeration Institute Arlington, VA | $58,066,234 | $32,390,159 |