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Institute for Study Abroad

Indianapolis, IN · EIN 62-1355896 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Institute for Study Abroad reported $48.9 million in revenue and $45.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.23 went to program services, $17.77 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.4% of the total. The highest compensation it reported for one person was $442,131 (PRESIDENT AND CEO). 12 people received more than $100,000 in reportable compensation. Revenue rose 22% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $46M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $49M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 469 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
82.2%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
17.8%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
98.4%0.0%
Highest reported compensation
Part VII-A, columns D–F
$442,131$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.97%1.06%
People paid over $100,000
Part VII, line 2
1210
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.57.5
Independent voting board members
Part VI 1a–1b
14 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$38M expenses · 100.0% of program spending · grants $1.3M · revenue $48M

We provide Study Abroad programs to students in various countries around the world. We also provide transportation, housing, some meals, orientation, classes at universities and trips

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 40.00 hrs/week
$385,267$0$56,864$442,131
VICE PRESIDENT AND CFO
Officer, 40.00 hrs/week
$228,958$0$23,803$252,761
VP FOR ENGAGEMENT AND MARKETING
Key employee, 40.00 hrs/week
$199,990$0$46,905$246,895
DIRECTOR OF INFORMATION TECHNOLOGY
Highest compensated employee, 40.00 hrs/week
$142,137$0$43,778$185,915
ASSOCIATE VP, HUMAN RESOURCES
Highest compensated employee, 40.00 hrs/week
$129,904$0$33,230$163,134
SENIOR DIRECTOR OF FINANCE
Highest compensated employee, 40.00 hrs/week
$121,848$0$32,802$154,650
ASSOCIATE VP, WEB AND DIGITAL MARKETING
Highest compensated employee, 40.00 hrs/week
$131,968$0$18,615$150,583
ASSOCIATE VP, PARTNER ENGAGEMENT
Highest compensated employee, 40.00 hrs/week
$136,100$0$11,703$147,803

12 people received more than $100,000 in reportable compensation from Institute for Study Abroad (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$49M$46M82.2%$17M$442,131
FY2024 ⓘ$47M$45M81.6%$13M$422,133
FY2023 ⓘ$34M$32M78.6%$9.6M$380,822
FY2022 ⓘ$21M$23M77.6%$7.2M$355,261
FY2021 ⓘ$2.7M$8.1M45.3%$12M$311,779
FY2020 ⓘ$40M$40M80.3%$17M$373,899

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 583
  • Volunteers Part I, line 614

Private foundation grants it received

1 private foundation reported grants to Institute for Study Abroad totaling $21 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Institute for Study Abroad's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Institute for Study Abroad, you can publish a response that is linked from this page.

Questions people ask

How much of Institute for Study Abroad's spending goes to programs?

In the fiscal year ending June 30, 2025, Institute for Study Abroad reported that 82.2% of its $45.7 million in expenses went to program services, 17.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Institute for Study Abroad pay its top executive?

The largest total compensation Institute for Study Abroad reported for one person in the fiscal year ending June 30, 2025 was $442,131, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Institute for Study Abroad get its money?

Of $48.9 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 98.4% from program service revenue (Form 990, Part VIII).

Is Institute for Study Abroad a registered charity?

The IRS lists EIN 62-1355896 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621209349300232 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521279349303272 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441249349301944 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349300439 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201269349302410 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101139349301350 · read the filing

All filings for EIN 62-1355896: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.