Toastmasters International
- Assets
- $59.4m
- Revenue
- $29.7m
- Investments
- $0.0
- Employees
- 164
- Location
- Englewood, CO
- Founding
- 05/1945
- Data as of
- 12/2020
- EIN
- 95-1300076
Organization Overview
Toastmasters International is located in Englewood, CO. The organization was established in 1945. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Toastmasters International employed 164 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Toastmasters International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Toastmasters International generated $29.7m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $24.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WORLDWIDE EDUCATION PROGRAMS TO IMPROVE COMMUNICATION, PUBLIC SPEAKING, AND LEADERSHIP SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOASTMASTERS INTERNATIONAL IS A NONPROFIT EDUCATIONAL ORGANIZATION THAT TEACHES PUBLIC SPEAKING AND LEADERSHIP SKILLS THROUGH A WORLDWIDE NETWORK OF CLUBS. TOASTMASTERS INTERNATIONAL TRAINS MEMBERS TO DEVELOP COMMUNICATION SKILLS AND APPLY THESE SKILLS TO ENHANCE THEIR PROFESSIONAL/PERSONAL LIVES. WITH 348,251 MEMBERS IN 15,443 CLUBS IN 145 COUNTRIES WORLDWIDE, TOASTMASTERS INTERNATIONAL HAS HELPED PEOPLE FROM DIVERSE BACKGROUNDS BECOME MORE CONFIDENT SPEAKERS, COMMUNICATORS, AND LEADERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Peck Int'l Pres. (from 5/22)/immed. Past Pres. | OfficerTrustee | 10 | $0 |
Margaret Page International President (thru 5/22) | OfficerTrustee | 10 | $0 |
Matt Kinsey International President | OfficerTrustee | 10 | $0 |
Morag Mathieson International President Elect | OfficerTrustee | 10 | $0 |
Radhi Spear 1st Vice President | OfficerTrustee | 10 | $0 |
Aletta Rochat 2nd Vice President (from 8/22) | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cornerstone Ondemad Inc Software | 12/30/22 | $923,416 |
Dynatech Systems It And Software Services/support | 12/30/22 | $740,579 |
Intrado Digital Media Llc Web Casting, Audio/video Production | 12/30/22 | $613,374 |
Sourceved Software Development | 12/30/22 | $508,476 |
Rr Donnelly Logistics & Communication Provider | 12/30/22 | $438,840 |
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 | $53,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,881 |
| Total Program Service Revenue | $30,771,121 |
| Investment income | $268,716 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $618 |
| Net Rental Income | $1,040,870 |
| Net Gain/Loss on Asset Sales | $91,144 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,479,125 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,747,225 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,561,131 |
| Compensation of current officers, directors, key employees. | $1,561,131 |
| Compensation to disqualified persons | $9,842,717 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $695,124 |
| Other employee benefits | $23,754 |
| Payroll taxes | $827,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $162,625 |
| Fees for services: Accounting | $72,094 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $67,916 |
| Fees for services: Other | $642,088 |
| Advertising and promotion | $22,203 |
| Office expenses | $91,596 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,339 |
| Travel | $342,761 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,402,150 |
| Insurance | $1,232,587 |
| All other expenses | $2,151,093 |
| Total functional expenses | $24,800,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,859,165 |
| Savings and temporary cash investments | $18,556,795 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,069,045 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $502,527 |
| Prepaid expenses and deferred charges | $1,297,105 |
| Net Land, buildings, and equipment | $25,887,982 |
| Investments—publicly traded securities | $9,212,426 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $59,385,045 |
| Accounts payable and accrued expenses | $2,233,579 |
| Grants payable | $0 |
| Deferred revenue | $6,208,102 |
| 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 | $2,188,515 |
| Other liabilities | $0 |
| Total liabilities | $10,630,196 |
| Net assets without donor restrictions | $48,730,401 |
| Net assets with donor restrictions | $24,448 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $59,385,045 |