Institute For the International Education of Students
78% goes to programs $86 to raise $100 Strong reserves Growing revenue
Institute For the International Education of Students is a 501(c)(3) organization based in Chicago, Illinois, registered in 1960, with $178,488,153 in FY2024 revenue. CharityIndex grades it C, and it directs about 78% of spending to programs.
33 W Monroe St Ste 2300, Chicago, IL, 60603 EIN 36-2251912 Since 1960
Revenue (FY2024)
$178.5M
▲ 8.5% vs prior year
Education median: $200K
Expenses (FY2024)
$172.1M
Net assets
$111.5M
Employees
292
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →FProgram efficiency40% of the rating78% to programs · $86 to raise $100
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 Institute For the International Education of Students: 78% to programs · $86 to raise $100 earns a F on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +4% 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 Institute For the International Education of Students: 8 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Institute For the International Education of Students: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Institute For the International Education of Students: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The institute for the international education of students (ies) educates students to become global citizens through premier study abroad and internship programs.
Contact & location
- Address
- 33 W Monroe St Ste 2300, Chicago, IL, 60603
- City
- Chicago
- State
- Illinois
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $86.1M (FY2013) to $178.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $46.8MNet assets $111.5M
Operating margin
3.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$158.2M
Total liabilities
$46.8M
Net assets
$111.5M
Salaries & benefits
$64.7M
38% of expenses
Board members
25
24 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $178,488,153▲8.5% | $172,148,225▲12.5% | $111,461,413▲22.1% | $158,244,321▲12.4% | 990 |
| 2023 | $164,529,010▲29.9% | $153,074,153▲25.6% | $91,309,333▲21.8% | $140,768,284▲18.4% | 990 |
| 2022 | $126,705,006▲38.6% | $121,849,360▲39.4% | $74,950,868▲19.0% | $118,858,315▲42.7% | 990 |
| 2021 | $91,386,482▲630% | $87,429,626▲116% | $62,988,513▼9.1% | $83,294,554▼6.0% | 990 |
| 2020 | $12,512,536▼89.8% | $40,508,253▼62.9% | $69,276,274▼14.0% | $88,627,672▼19.9% | 990 |
| 2019 | $122,274,494▲4.4% | $109,191,670▼1.8% | $80,566,480▲6.5% | $110,695,892▲6.0% | 990 |
| 2018 | $117,141,059▲5.4% | $111,147,236▲13.8% | $75,620,262▼4.4% | $104,407,947▲8.5% | 990 |
| 2017 | $111,131,500▲29.8% | $97,653,354▲22.7% | $79,131,682▲8.0% | $96,271,979▲8.2% | 990 |
| 2016 | $85,640,555▼0.5% | $79,592,616▲2.4% | $73,247,598▲21.3% | $88,975,099▲24.4% | 990 |
| 2015 | $86,066,821▼0.7% | $77,692,906▼4.0% | $60,361,721▲11.6% | $71,503,149▲6.7% | 990 |
| 2014 | $86,706,673▲0.7% | $80,947,558▼3.3% | $54,107,409▼1.8% | $67,018,263▲2.4% | 990 |
| 2013 | $86,137,805 | $83,685,322▲7.0% | $55,097,278▲22.2% | $65,424,189▲17.5% | 990 |
| 2012 | — | $78,226,567▼2.8% | $45,074,776▲9.2% | $55,657,521▲3.7% | 990 |
| 2011 | — | $80,520,187▼3.2% | $41,258,804▼17.9% | $53,680,161▼8.9% | 990 |
| 2010 | — | $83,180,278▲7.3% | $50,223,918▲104% | $58,905,470▼31.7% | 990 |
| 2009 | — | $77,490,208 | $24,674,388 | $86,252,827 | 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 (FY2024)
Highest-paid: Greg Hess Phd — $1,974,621 (1.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Greg Hess Phd | Director/president | 37.5 | $1,974,621 |
| William Hoye | Evp/chief Operating Officer (retired 12/09/2024) | 37.5 | $738,524 |
| Michael Adewumi | Evp Academic Affairs & Provost | 37.5 | $556,069 |
| Richard Bartecki | Evp Marketing & College Relations | 37.5 | $527,072 |
| William Martens | Vp Finance/cfo | 37.5 | $475,758 |
| Amber Nikolaidis | Vp For Strategy, New Business Init. & Analytics | 37.5 | $417,418 |
| Daniel Summers | Associate Vp & Chief Information Officer | 37.5 | $338,251 |
| Michael Green | Sr. Avp, Gem, College Relations & Advising | 37.5 | $311,432 |
| Merel Frank | Senior Controller, Associate Vice President | 37.5 | $298,601 |
| Marie Fioramonti | Director | 1 | $716 |
| Mary O'brien Pearlman | Director | 1 | $406 |
| Mun Choi Phd | Director | 1 | $365 |
| Rhonda Jordan | Director/vice Chair | 1 | $234 |
| Ronald Crutcher Dmus | Director | 1 | $159 |
| Monica Vachher | Director | 1 | $156 |
| Prabha Kant Sinha Phd | Director | 1 | $148 |
| Edmond Eger | Director | 1 | $145 |
| Phyllis Haberman | Director | 1 | $145 |
| Erika Maschmeyer | Director | 1 | $142 |
| James Crawford | Director/vice Chair | 1 | $102 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Huron Consulting Services | It Services | $3,134,756 |
| Thinkstack | It Services and Infrastructure As A Service | $663,839 |
| Anthology Inc | Software As A Service | $597,124 |
| Addison Group Company | It Services | $564,146 |
| Jakala North America Corporation | Web Development | $527,576 |
Grants received · $2.7M total
62 grants to Institute For the International Education of Students totaling $2.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Institute For the International Education of Students a legitimate nonprofit?
- Yes. Institute For the International Education of Students is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2251912, based in Chicago, Illinois. Donations are tax-deductible.
- What is Institute For the International Education of Students's EIN?
- Institute For the International Education of Students's Employer Identification Number (EIN) is 36-2251912.
- How much revenue does Institute For the International Education of Students report?
- Institute For the International Education of Students reported $178,488,153 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Institute For the International Education of Students's spending goes to programs?
- Institute For the International Education of Students spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Institute For the International Education of Students have?
- CharityIndex grades Institute For the International Education of Students C, based on program efficiency and fundraising cost.
- How much does Institute For the International Education of Students's highest-paid employee make?
- The highest reported compensation on Institute For the International Education of Students's latest Form 990 is $1,974,621, paid to Greg Hess Phd (Director/president).
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Data for Institute For the International Education of Students (EIN 36-2251912) 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.