Harvard Business School Publishing Corporation
95% goes to programs
Harvard Business School Publishing Corporation is a 501(c)(3) organization based in Brighton, Massachusetts, registered in 1993, with $317,014,414 in FY2023 revenue. CharityIndex grades it A, and it directs about 95% of spending to programs.
20 Guest Streetsuite 400, Brighton, MA, 02135 EIN 04-3177990 Since 1993
Revenue (FY2023)
$317.0M
▼ 0.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$316.5M
Net assets
$48.6M
Employees
568
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating95% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Harvard Business School Publishing Corporation: 95% to programs earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Harvard Business School Publishing Corporation: 2 mo reserves · +0% margin earns a B on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Harvard Business School Publishing Corporation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Harvard Business School Publishing Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o
What they do
See schedule o management education in support of higher education
See schedule o management education to corporations
Contact & location
- Address
- 20 Guest Streetsuite 400, Brighton, MA, 02135
- City
- Brighton
- State
- Massachusetts
- Category
- Arts, Culture & Humanities
- Subcategory
- Media & Communications
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $200.8M (FY2013) to $317.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $142.8MNet assets $48.6M
Operating margin
0.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$191.3M
Total liabilities
$142.8M
Net assets
$48.6M
Salaries & benefits
$108.7M
34% of expenses
Board members
12
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $317,014,414▼0.6% | $316,489,485▼2.0% | $48,566,682▲1.1% | $191,345,182▲0.4% | 990 |
| 2022 | $318,965,400▲3.7% | $323,019,114▲7.0% | $48,040,943▼7.8% | $190,632,828▼12.2% | 990 |
| 2021 | $307,657,781▲10.5% | $302,020,475▲11.7% | $52,094,829▲12.1% | $217,066,145▲9.7% | 990 |
| 2020 | $278,305,243▲3.5% | $270,364,167▲3.1% | $46,457,523▲30.0% | $197,818,423▲4.0% | 990 |
| 2019 | $268,764,352▲1.1% | $262,332,580▲0.2% | $35,726,758▲23.1% | $190,172,454▲17.1% | 990 |
| 2018 | $265,840,730▲7.8% | $261,930,167▲7.7% | $29,014,777▲31.8% | $162,334,688▲6.9% | 990 |
| 2017 | $246,614,168▲8.6% | $243,227,492▲7.5% | $22,019,458▲18.2% | $151,918,475▲5.8% | 990 |
| 2016 | $227,025,645▲2.5% | $226,200,079▲2.5% | $18,632,782▲4.6% | $143,560,444▲13.0% | 990 |
| 2015 | $221,530,442▲6.7% | $220,691,208▲7.7% | $17,807,216▲4.9% | $127,044,073▲14.6% | 990 |
| 2014 | $207,588,535▲3.4% | $205,004,021▲5.0% | $16,967,982▲18.0% | $110,852,506▲24.1% | 990 |
| 2013 | $200,794,460 | $195,261,344▲7.0% | $14,383,468▲62.5% | $89,331,005▲11.2% | 990 |
| 2012 | — | $182,522,163▲9.3% | $8,850,352▲158% | $80,323,933▲19.7% | 990 |
| 2011 | — | $167,039,220▲9.6% | $3,436,930▲2178% | $67,079,118▲13.6% | 990 |
| 2010 | — | $152,427,799▲10.2% | $150,854▲102% | $59,071,094▲21.8% | 990 |
| 2009 | — | $138,337,035 | -$6,079,264 | $48,479,734 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Laila Worrell — $1,384,015 (0.44% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Laila Worrell | Ceo | 45 | $1,384,015 |
| Alan Ignatius | Evp, Editor In Chief | 45 | $565,870 |
| Sarah Mcconville Ulicny | Co-president | 45 | $562,961 |
| Ellen M Desmarais | Co-president | 45 | $555,669 |
| Ian Fanton | Chief Client Officer | 45 | $506,586 |
| Cori Charvat | Sr. Strat Relat Mgr | 45 | $490,139 |
| Douglas Beimler | Vp, Global Sales | 45 | $447,357 |
| Amy Bernstein | Vp, Executive Editor | 45 | $445,234 |
| Paul Bills | Sr. Vice President, Cfo | 45 | $416,890 |
| Siuyin Maffa | Vp,software Engineering | 45 | $413,668 |
| Angela Cheng-cimini | Sr Vp/chro | 45 | $373,024 |
| Jason Mcnamara | Svp, Chief Information Officer | 45 | $358,250 |
| Raffealla Sadun | Chairman of the Board | 5 | $9,000 |
| Suraj Srinivasan | Audit Committee Chair | 2 | $9,000 |
| Das Narayandas | Director | 2 | $4,500 |
| Andrew Rashbass | Director | 2 | — |
| Angela Q Crispi | Director | 2 | — |
| Anne Dwane | Compensation Committee Chair | 2 | — |
| Bharat Anand | Director | 2 | — |
| David F Carey | Director | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Unosquare LLC | Employment Agency | $5,416,773 |
| Dzconnex DBA Yoh Svc LLC | Employment Agency | $2,562,015 |
| Norris Group LLC | Temporary Help | $1,363,890 |
| Qualitest Infotech Pvt Ltd | Temporary Help | $1,341,421 |
| Beacon Hill Staffing Group LLC | Temporary Help | $1,057,737 |
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Compare Harvard Business School Publishing Corporation
Frequently asked questions
- Is Harvard Business School Publishing Corporation a legitimate nonprofit?
- Yes. Harvard Business School Publishing Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3177990, based in Brighton, Massachusetts. Donations are tax-deductible.
- What is Harvard Business School Publishing Corporation's EIN?
- Harvard Business School Publishing Corporation's Employer Identification Number (EIN) is 04-3177990.
- How much revenue does Harvard Business School Publishing Corporation report?
- Harvard Business School Publishing Corporation reported $317,014,414 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Harvard Business School Publishing Corporation's spending goes to programs?
- Harvard Business School Publishing Corporation spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Harvard Business School Publishing Corporation have?
- CharityIndex grades Harvard Business School Publishing Corporation A, based on program efficiency and fundraising cost.
- How much does Harvard Business School Publishing Corporation's highest-paid employee make?
- The highest reported compensation on Harvard Business School Publishing Corporation's latest Form 990 is $1,384,015, paid to Laila Worrell (Ceo).
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Data for Harvard Business School Publishing Corporation (EIN 04-3177990) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.