International Baccalaureate Organization
- Assets
- $408.7m
- Revenue
- $204.8m
- Investments
- $0.0
- Employees
- 195
- Location
- Washington, DC
- Founding
- 04/2008
- Data as of
- 06/2021
- EIN
- 30-0388800
Organization Overview
International Baccalaureate Organization is located in Washington, DC. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, International Baccalaureate Organization employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Baccalaureate Organization 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 06/2021, International Baccalaureate Organization generated $204.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $169.0m during the year ending 06/2021. 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
INTERNATIONAL BACCALAUREATE AIMS TO DEVELOP INQUIRING, KNOWLEDGEABLE AND CARING YOUNG PEOPLE TO CREATE A BETTER WORLD THROUGH INTERCULTURAL RESPECT & UNDERSTANDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IB ASSESSES THE IB DIPLOMA PROGRAM STUDENTS THROUGH A SET OF INTERNATIONALLY RECOGNIZED EXAMINATIONS. IB WORLD SCHOOLS PAY EXAMINATION FEES, WHICH ENABLE THEIR STUDENTS TO TAKE THE EXAMINATIONS OFFERED BY THE IB.
OTHER SCHOOL FEES
THE INTERNATIONAL BACCALAUREATE AUTHORIZES AND EVALUATES IB WORLD SCHOOLS. CANDIDATE IB WORLD SCHOOLS PAY CANDIDATE AND AUTHORIZATION FEES FOR THE HELP THE IB PROVIDES TO THOSE SCHOOLS IN PREPARING FOR THE IB PROGRAMS AND BECOMING AN IB WORLD SCHOOL, TOGETHER WITH A SMALL AMOUNT OF EVALUATION FEES FOR ONGOING EVALUATION OF IB WORLD SCHOOLS. IN ADDITION, THE IB DEVELOPS THE CURRICULUM FOR ALL OF THE IB'S PROGRAMS AND DEVELOPS THE DIPLOMA PROGRAM ASSESSMENT CONTENT (IE DIPLOMA EXAMINATIONS). IB WORLD SCHOOLS PAY ANNUAL SCHOOL FEES FOR THE CONTINUAL DEVELOPMENT OF CURRICULUM AND SUPPORT MATERIALS THAT SUPPORT THE IB WORLD SCHOOLS.
THE IB PROVIDES TEACHER TRAINING AND PROFESSIONAL DEVELOPMENT TO TEACHERS FROM INTERESTED, CANDIDATE AND AUTHORIZED IB WORLD SCHOOLS. INTERESTED CANDIDATES AND AUTHORIZED IB WORLD SCHOOLS PAY PROFESSIONAL DEVELOPMENT FEES FOR THE TRAINING PROVIDED TO THE TEACHERS OF THOSE SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Datla Siva Kumari End 321 Former Officer/board Member | 40 | $1,373,438 | |
Ali Ayub End 1221 Chief Digital Officer | Officer | 40 | $369,197 |
Matt Costello Chief Business Officer | Officer | 40 | $362,532 |
Olli-Pekka Heinonen Director General | Officer | 40 | $314,808 |
Thaimur Changezi Chief Fin & Business Officer | Officer | 40 | $289,478 |
Sally Holloway End 1021 Deputy Director General | Officer | 40 | $250,356 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rm Education Ltd Educational It Svcs | 6/29/22 | $5,343,623 |
Dhl Express Uk Ltd Shipping Services | 6/29/22 | $1,246,987 |
Cognizant Worldwide Limited Consulting Services | 6/29/22 | $3,671,326 |
Denote Print Ltd Printing Services | 6/29/22 | $1,185,307 |
Plumlogix Inc Professional Svcs | 6/29/22 | $1,176,281 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,019,727 |
| Investment income | $2,767,805 |
| 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 | $2,438,013 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,831,587 |
| Statement of Expenses | |
|---|---|
| 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. | $3,970,098 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,688,424 |
| Pension plan accruals and contributions | $4,512,938 |
| Other employee benefits | $1,748,889 |
| Payroll taxes | $3,785,967 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $325,433 |
| Fees for services: Accounting | $664,122 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,042,592 |
| Advertising and promotion | $917,443 |
| Office expenses | $3,069,005 |
| Information technology | $11,216,400 |
| Royalties | $0 |
| Occupancy | $5,857,905 |
| Travel | $478,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,047,094 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,995,357 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $168,984,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $304,176,931 |
| Savings and temporary cash investments | $575,316 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,854,381 |
| 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 | $5,598,424 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,027,890 |
| Other assets | $40,030,496 |
| Total assets | $408,650,974 |
| Accounts payable and accrued expenses | $21,138,943 |
| Grants payable | $0 |
| Deferred revenue | $60,071,507 |
| 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 | $3,386,851 |
| Total liabilities | $84,597,301 |
| 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 |
| Total liabilities and net assets/fund balances | $324,053,673 |