Hult International Business School Inc in Cambridge, Massachusetts (MA)

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Hult International Business School Inc
Employer Identification Number (EIN)043348440
Name of OrganizationHult International Business School Inc
Address1 Education Stret, Cambridge, MA 02141
ActivitiesSchool, college, trade school, etc.
SubsectionEducational Organization
Ruling Date06/1997
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$1,000,000 to $4,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,811,753
Amount of Income$18,963,953
Form 990 Revenue Amount$18,963,953
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities:


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Amount of income in 2012: $18,963,953 (it was $13,216,206 in 2011)
This organization: 

 $18,963,953
Other organizations performing similar types of work: 

 $1,676,738

Assets in 2012: $3,811,753 (it was $4,355,356 in 2011)
Hult International Business School Inc: 

 $3,811,753
Other organizations performing similar types of work: 

 $2,998,544

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$13,216,206
Contributions, Gifts, Grants and Other Similar Amounts$1,700,000
Program Service Revenue$11,516,206
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$10,457,181
Compensation of current officers, directors, trustees, and key employees$422,837
Other salaries and wages$5,328,437
Payroll taxes$246,564
Professional fundraising services$0
Other$4,459,343
Balance Sheet (for 2011)
Total assets$4,355,356
Total liabilities$2,998,204
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$2,998,204
Total net assets or fund balances$1,357,152
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1City College Inc2000 West Commercial Blvd, Fort Lauderdale, FL 33309-3073FL1992-11$44,716,464
2Walsh College Of Accountancy And Business AdministrationPO BOX 7006, Troy, MI 48007-7006MI1949-11$34,628,997
3Massachusetts Museum Of Contemporary Art Foundation Inc1040 Mass Moca Way, North Adams, MA 01247-2450MA1993-06$19,808,613
4Hult International Business School Inc1 Education Stret, Cambridge, MA 02141MA1997-06$18,963,953
5Aacsb International The Association To Advance Collegiate Schools Of777 S Harbour Island Blvd Ste 750, Tampa, FL 33602-5730FL1970-04$15,104,685
6American College Of Physician Executives Inc400 N Ashley Dr Ste 400, Tampa, FL 33602-4322FL1977-02$9,441,969
7Jones College Inc5353 Arlington Expressway, Jacksonville, FL 32211-5540FL1951-02$5,638,721
8Robert H Smith School Of Business Foundation IncUniversity Of Maryland Van Munching, College Park, MD 20742-0001MD1975-05$4,943,292
9California International Business University, California Intl Business University520 West Ash Street 3rd Floor, San Diego, CA 92101-3428CA1996-10$1,676,738
10National Business Incubation Association340 W State St Unit 25, Athens, OH 45701-1565OH1996-04$1,545,758
11Catalina Island MuseumPO BOX 366, Avalon, CA 90704-0366CA1956-11$885,845
12Center For Financial Training, Central States720 Olive St, Saint Louis, MO 63101-2338MO1940-06$683,961
13Mima Management Institute3025 Highland Pkwy Ste 225, Downers Grove, IL 60515-5511IL1980-02$465,206
14Texas Society Of Certified Public Accountants, Dallas Cpe12700 Park Central Dr Ste 1000, Dallas, TX 75251-1536TX1974-02$373,436
15North American Students Of CooperationPO BOX 180048, Chicago, IL 60618-0525IL1979-05$238,098
16Masters Of Business Adminstration Association Mbaa1275 E 10th St, Bloomington, IN 47405-1703IN1992-05$125,954
17Minnesota Association Of Financial Aid AdministratorsC/O Mheso 1450 Energy Park Dr, St Paul, MN 55108MN1997-07$67,320
18Granville Academy Of Waterbury IncPO BOX 2891, Waterbury, CT 06723-2891CT1996-08$61,997
19Lewis College Of Business17370 Meyers, Detroit, MI 48235MI1974-09$0
Number of organizations performing similar types of work
Arkansas1
California5
Connecticut1
Florida4
Illinois2
Indiana1
Louisiana1
Massachusetts2
Maryland1
Michigan3
Minnesota1
Missouri2
Nebraska1
New York1
Ohio2
Texas4
Virginia2
Vermont1
Total35

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