Global Business Institute Inc is located in Washington, DC. The organization was established in 2012. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Business Institute 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 12/2022, Global Business Institute Inc generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $130.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EXPENSES INCURRED TO CONDUCT COMPREHENSIVE BASIC ANDAPPLIED RESEARCH OF CONTEMPORARY UNITED STATES-SOUTHKOREA BUSINESS AND GOVERNMENT RELATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Florence Lowe-Lee Director | 20 | $0 | |
Paul Cheong Lee Director | 10 | $0 | |
Leonardo A Canseco Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $16,421 |
Professional fees and other payments to independent contractors | $450 |
Occupancy, rent, utilities, and maintenance | $13,339 |
Printing, publications, postage, and shipping | $46 |
Other expenses | $0 |
Total expenses | $130,256 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $234,876 |
Other assets | $0 |
Total assets | $234,876 |
Total liabilities | $376,639 |
Net assets or fund balances | -$141,763 |