Institute Of Internal Auditors is located in Overland Park, KS. The organization was established in 1985. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Institute Of Internal Auditors 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 05/2024, Institute Of Internal Auditors generated $58.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $66.8k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela York Board Member | 1 | $0 | |
Aaron Meinart Board Member | 1 | $0 | |
Sarah Duckwitz Board Member | 1 | $0 | |
Keith Ohland Board Member | 1 | $0 | |
Phillip Bastow Board Member | 1 | $0 | |
Carrie Erwin Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,959 |
| Total Program Service Revenue | $54,401 |
| Membership dues | $0 |
| Investment income | $477 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,837 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,352 |
| Salaries, other compensation, and employee benefits | $7,566 |
| Professional fees and other payments to independent contractors | $35,713 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,398 |
| Total expenses | $66,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,205 |
| Other assets | $0 |
| Total assets | $72,785 |
| Total liabilities | $9,303 |
| Net assets or fund balances | $63,482 |