International Bar Association
- Assets
- $41.5m
- Revenue
- $29.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 13-1660722
Organization Overview
International Bar Association, operating under the name Iba, is located in null. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Iba employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iba is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Iba generated $29.2m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $26.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 4 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AN EXCHANGE OF INFORMATION BETWEEN LEGAL ASSOCIATIONS WORLDWIDE, TO SUPPORT THE INDEPENDENCE OF THE JUDICIARY AND THE RIGHT OF LAWYERS TO PRACTICE AND TO SUPPORT HUMAN RIGHTS FOR LAWYERS WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE MIAMI:THIS IS THE FLAGSHIP CONFERENCE OF THE IBA AND IS THE LARGEST GATHERING OF THE INTERNATIONAL LEGAL COMMUNITY IN THE WORLD. A MEETING PLACE OF MORE THAN 4,786 LAWYERS ENGAGED IN NEARLY 231 WORKING SESSIONS COVERING ALL AREAS OF PRACTICE RELEVANT TO INTERNATIONAL LEGAL PRACTITIONERS.REVENUE - $14,613,362 EXPENSES - $9,893,304
IBA ADMINISTRATIVE OFFICE IN LONDON: THE LONDON OFFICE UNDERTAKES MOST OF THE SUPPORT WORK FOR IBA ACTIVITIES ASIDE FROM THE REGIONAL OFFICES AND IS WHERE 76 OF THE STAFF ARE BASED.REVENUE - $0EXPENSES - $7,834,021
COST OF PUBLICATIONS: A SIGNIFICANT BENEFIT OF MEMBERSHIP IS ACCESS TO THE QUALITY PUBLICATIONS PRODUCED BY THE ASSOCIATION. IBA GLOBAL INSIGHT (IGI) (FORMERLY INTERNATIONAL BAR NEWS - IBN) IS THE IBA'S FLAGSHIP MAGAZINE. PUBLISHED SIX TIMES A YEAR AND DISTRIBUTED TO ALL MEMBERS OF THE IBA, IGI CONTAINS ARTICLES COVERING TOPICAL LEGAL AND BUSINESS ISSUES, AS WELL AS HIGHLIGHTING IBA INITIATIVES AND ACTIVITIES.REVENUE - $55,731 EXPENSES - $286,183
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sternford Moyo President | OfficerTrustee | 10 | $0 |
Almudena Arpon DE Mendivil Vice-President | OfficerTrustee | 5 | $0 |
Claudio Visco Secretary-General | OfficerTrustee | 5 | $0 |
Jaime Carey Secretary-General | OfficerTrustee | 5 | $0 |
Daniel Del Rio Iba & Lpd Treasurer | OfficerTrustee | 2 | $0 |
Pascale Lagesse Iba & Lpd Assistant Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cream Of The Crop Events & Logistics Ll Conference Support | 12/30/22 | $3,564,799 |
Centerplate Catering | 12/30/22 | $1,521,070 |
Everlast Production Inc Conference Support | 12/30/22 | $524,142 |
Online Support Computing Ltd It Support | 12/30/22 | $381,302 |
Portaltech Reply Ltd Database Implementation | 12/30/22 | $434,680 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $418,369 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $418,369 |
| Total Program Service Revenue | $27,071,893 |
| Investment income | $45,451 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,474 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,614,727 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,182,224 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $852,904 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,147,913 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,592,117 |
| Pension plan accruals and contributions | $542,147 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $118,718 |
| Fees for services: Accounting | $245,946 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $190,104 |
| Office expenses | $951,041 |
| Information technology | $1,252,223 |
| Royalties | $0 |
| Occupancy | $186,218 |
| Travel | $176,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,613,145 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,817 |
| Insurance | $136,382 |
| All other expenses | $256,952 |
| Total functional expenses | $26,649,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,495,413 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,147,517 |
| 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 | $1,432,396 |
| Net Land, buildings, and equipment | $76,986 |
| Investments—publicly traded securities | $15,050,608 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,304,706 |
| Other assets | $0 |
| Total assets | $41,507,626 |
| Accounts payable and accrued expenses | $3,517,113 |
| Grants payable | $0 |
| Deferred revenue | $1,506,236 |
| 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 | $0 |
| Total liabilities | $5,023,349 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $36,484,277 |
| Total liabilities and net assets/fund balances | $41,507,626 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|