2021-02-01T08:09:03-06:00 2020-03-31 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2019-04-01 237259445 American Management Association International % NISSA HARVEY AMER 2125868100 1601 Broadway New York NY 100197420 NISSA HARVEY VP FINANCE TREASURER 5188911500 2021-01-29 true Scott Thompsett P00741490 2125990100 2021-01-29 2019 2022-09-23 18:48:47Z MANOS AVRAMIDIS 1601 Broadway New York NY 100197420 62410182 false X www.amanet.org X 1923 NY THE ASSOCIATION IS A MEMBERSHIP-BASED MANAGEMENT EDUCATION ORGANIZATION. AMA OFFERS A FULL RANGE OF BUSINESS EDUCATION & MANAGEMENT DEVELOPMENT PROGRAMS FOR INDIVIDUALS AND ORGS. 8 7 230 10 93433 -1221463 0 0 53200452 49795679 1680957 1868497 7991816 6308795 62873225 57972971 5250 4500 0 0 20802842 20038864 0 0 0 41064461 37270013 61872553 57313377 1000672 659594 84700413 81825841 33546725 30759541 51153688 51066300 X AMERICAN MANAGEMENT ASSOCIATION INTERNATIONAL (THE ASSOCIATION) IS AN INTERNATIONAL, NONPROFIT, MEMBERSHIP-BASED ASSOCIATION THAT PROVIDES A BROAD RANGE OF MANAGEMENT DEVELOPMENT AND EDUCATIONAL SERVICES TO INDIVIDUALS AND ORGANIZATIONS. FOR MORE INFORMATION, SEE SCHEDULE O. false false 47941803 4500 47552994 EDUCATIONAL ACTIVITIES 3051165 0 2242685 MEMBERSHIP ACTIVITIES 50992968 true false false false false false false false false false true false false true true true false true true true true false false false false false false false false true false false false false false false false false false false false false true true true true false false true 414 0 true 230 true true true true BE false false false false false false false false false false X 8 7 false true false false true true true true true false true true true true true true true true true true false AZ CA IL MA NY OR X NISSA HARVEY 5188911500 1601 BROADWAY NEW YORK NY 100197420 MANOS AVRAMIDIS PRES/CEO/TRUSTEE 50.0 10.0 X X 842527 0 58185 MICHEL WRIGHT SVP/CHIEF SALES&MARKETING OFF. 50.0 5.0 X 411378 0 36761 ARTHUR LEVY SVP/GENERAL COUNSEL/SECRETARY 50.0 10.0 X 372625 0 41631 RICHARD BARTON SVP/CHIEF INFORMATION OFFICER 50.0 10.0 X 352037 0 53113 Bruce Marks Thru 110 SVP, Sales & business develop. 50.0 5.0 X 314907 0 37101 NICHOLAS IGNERI thru SVP, EDUCATION & Learning Tech 50.0 5.0 X 302073 0 14742 Barbara Zung SVP/CHIEF HR OFFICER 50.0 10.0 X 261660 0 53233 CHERYL STERN REGIONAL DIRECTOR 50.0 0.0 X 233266 0 21370 Piera Palazzolo VP, Digital Marketing 50.0 0.0 X 215357 0 11213 Greg Adams as of 042 SVP/Chief Financial Officer 50.0 10.0 X 186381 0 30312 NISSA HARVEY VP, FIN/TREASURER 50.0 10.0 X 162875 0 8252 JED BECKER TRUSTEE 4.0 0.0 X 0 0 0 JAMES M CORGEL TRUSTEE 2.0 0.0 X 0 0 0 CHARLES R CRAIG CHAIR/TRUSTEE 4.0 0.0 X X 0 0 0 JONATHAN DUNNE Trustee 4.0 0.0 X 0 0 0 EDWARD D HOROWITZ TRUSTEE 4.0 0.0 X 0 0 0 HENDRIK KRANENBURG TRUSTEE (thru 01/17/20) 2.0 0.0 X 0 0 0 CARLYENE PRINCE-ERIKSO Trustee 2.0 0.0 X 0 0 0 GHILLAINE A REID Trustee 2.0 0.0 X 0 0 0 PAMELA Grunder SHEIFFE TRUSTEE (thru 08/22/19) 4.0 0.0 X 0 0 0 DIANE C YU TRUSTEE (thru 08/22/19) 2.0 0.0 X 0 0 0 3655086 0 365913 38 false true false Google Inc 1600 Ampitheater Parkway MOUNTAIN VIEW CA 94043 marketing services 1314387 Viatech Publishing Solutions 1440 5th Avenue BAY SHORE NY 11706 Printing Services 921965 LSC Communications US LLC 7401 Kilmer Lane MAPLE GROVE MN 55369 printing services 905581 Printon 56 50 W 56th street NEW YORK NY 10019 catering services 593210 Microsoft Online 6880 Sierra Center Parkway RENO NV 89511 Digital Services 547339 33 0 EDUCATIONAL ACTIVITY 611600 47552994 47552994 MEMBERSHIP ACTIVITIES 611600 2242685 2242685 49795679 1326931 1326931 0 909545 909545 6595110 2326226 4268884 0 4268884 93433 4175451 2652551 2110985 541566 541566 541566 0 0 0 0 0 0 0 0 0 SHARED SERVICES 611600 610814 610814 CORPORATE PROVISION ADJUSTMENTS 900099 495260 495260 LIST RENTALS 900099 24292 24292 1130366 57972971 50406493 93433 7473045 0 4500 4500 0 0 2200826 405292 1795534 0 13765730 12643126 1122604 328152 294126 34026 2716502 1742233 974269 1027654 889084 138570 0 159422 159422 175202 175202 0 0 95916 95916 3597771 3104439 493332 6874232 6874232 1680105 1461267 218838 1285784 1278591 7193 26504 26504 7582463 6985028 597435 459106 353435 105671 0 12791386 12778764 12622 16640 8279 8361 0 1148117 1011469 136648 383131 315497 67634 BAD DEBT EXPENSE 308533 308533 NEW PROGRAM DEVELOPMENT 288526 288526 EMPLOYEE RECRUITING 103439 50730 52709 AWARDS & MEDALS 75654 63285 12369 218082 106028 112054 57313377 50992968 6320409 0 3507227 2350548 0 0 0 0 5539556 3239175 0 0 0 0 0 1453768 24360 17198 2891995 2952187 41628992 36629719 6566526 4999273 7335775 6496465 0 0 0 0 0 0 58834974 60317227 84700413 81825841 9429937 9097917 0 0 12438735 10959725 0 0 0 0 0 0 7272 217512 0 0 11670781 10484387 33546725 30759541 X 51153688 51066300 0 0 51153688 51066300 84700413 81825841 X 659594 -303981 -443001 X X false true X true false X 0 0 0 19881059 16185072 3695987 21747933 20444647 1303286 4999273 IMACAN MANAGEMENT CENTRE 31383080 MGMT CENTER DE MEXICO AC 8063390 AMA EUROPE SA 1036269 PAID IN CAPITAL-AMA EUROPE SA 17816179 LETTER OF CREDIT 2018309 60317227 0 DEFERRED RENT 8689278 OTHER LIABILITIES 1795109 10484387 X UNCERTAINTIES IN INCOME TAXES SCHEDULE D, PART X, LINE 2 The Association follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the consolidated financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The Association is exempt from federal income tax under Code Section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The Association has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated business income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and, to identify and evaluate other matters that may be considered tax positions. The Association has determined that there are no material uncertain tax positions that require recognition or disclosure in its consolidated financial statements. In addition, the Association has not recorded a provision for income taxes for the years ended March 31, 2020 and 2019, as it has no material tax liability from unrelated business income activities. true true true true true true true false false false false false false false false false false true RACIALLY NONDISCRIMINATORY POLICY SCHEDULE E, PART I, LINE 3 AMA PUBLICIZES ITS NONDISCRIMINATORY POLICY THROUGH ITS PROMOTIONAL MATERIALS AND IN NATIONAL JOB BOARDS. AMERICAN MANAGEMENT ASSOCIATION INTERNATIONAL DOES NOT DISCRIMINATE IN EMPLOYMENT, ADMISSION TO MEMBERSHIP, OR ADMISSION OF SPEAKERS OR REGISTRANTS TO ITS PROGRAMS ON THE BASIS OF RACE, COLOR, RELIGION, GENDER, AGE, SEXUAL ORIENTATION, DISABILITY, NATIONAL OR ETHNIC ORIGIN, VETERAN STATUS, OR ANY OTHER BASIS PROHIBITED BY STATE OR LOCAL LAW. Central America and the Caribbean 0 17 Program Services EDUCATIONAL ACTIVITIES 81854 East Asia and the Pacific 0 6 Program Services EDUCATIONAL ACTIVITIES 130490 Europe (Including Iceland and Greenland) 1 19 Program Services EDUCATIONAL ACTIVITIES 224534 Middle East and North Africa 4 Program Services EDUCATIONAL ACTIVITIES 30019 North America 7 Program Services EDUCATIONAL ACTIVITIES 28778 South America 5 Program Services EDUCATIONAL ACTIVITIES 37826 South Asia 9 Program Services EDUCATIONAL ACTIVITIES 65234 Sub-Saharan Africa 1 Program Services EDUCATIONAL ACTIVITIES 3214 1 68 1 68 601949 601949 true false true false false true EXPENDITURES PER REGION SCHEDULE F, PART I, LINE 3, COLUMN F THE ORGANIZATION REPORTS EXPENDITURES PER REGION ON AN ACCRUAL BASIS WHICH IS CONSISTENT WITH THE ACCOUNTING METHOD USED FOR THE ORGANIZATION'S FINANCIAL STATEMENTS. BOYCOTTING COUNTRIES SCHEDULE F, PART IV, LINE 6 DURING THE TAX YEAR AMERICAN MANAGEMENT ASSOCIATION EUROPE SA, A RELATED ORGANIZATION TAXABLE AS A CORPORATION, ESTABLISHED IN BELGIUM, CONDUCTED A NUMBER OF EDUCATIONAL ACTIVITIES IN KUWAIT, LEBANON, AND SAUDI ARABIA. X X X X X true false false true false false false true false MANOS AVRAMIDIS PRES/CEO/TRUSTEE 601717 0 240000 0 810 0 8468 0 49717 0 900712 0 0 0 NISSA HARVEY VP, FIN/TREASURER 137716 0 25000 0 159 0 4901 0 3351 0 171127 0 0 0 ARTHUR LEVY SVP/GENERAL COUNSEL/SECRETARY 274428 0 94585 0 3612 0 8462 0 33169 0 414256 0 0 0 RICHARD BARTON SVP/CHIEF INFORMATION OFFICER 259431 0 91434 0 1172 0 8518 0 44595 0 405150 0 0 0 Barbara Zung SVP/CHIEF HR OFFICER 186837 0 74544 0 279 0 8386 0 44847 0 314893 0 0 0 CHERYL STERN REGIONAL DIRECTOR 90653 0 142613 0 0 0 8223 0 13147 0 254636 0 0 0 MICHEL WRIGHT SVP/CHIEF SALES&MARKETING OFF. 298577 0 111475 0 1326 0 8312 0 28449 0 448139 0 0 0 NICHOLAS IGNERI thru 012920 SVP, EDUCATION & Learning Tech 225770 0 75369 0 934 0 7570 0 7172 0 316815 0 0 0 Greg Adams as of 042919 SVP/Chief Financial Officer 185537 0 0 0 844 0 1385 0 28927 0 216693 0 0 0 Bruce Marks Thru 110119 SVP, Sales & business develop. 212276 0 50000 0 52631 0 7832 0 29269 0 352008 0 0 0 Piera Palazzolo VP, Digital Marketing 204129 0 10000 0 1228 0 8240 0 2973 0 226570 0 0 0 SCHEDULE J, PART I, LINE 4A Bruce Marks, SVP of Sales & Business Development, received a $39,423 severance payment during calendar year 2019, which has been reported in the Form 990, Schedule J, Part II, Column (B)(III). SCHEDULE J, PART I, LINE 5 THE ORGANIZATION PAYS COMMISSIONS TO ITS REGIONAL SALES DIRECTORS BASED UPON THEIR ACHIEVEMENT OF CERTAIN SALES QUOTAS AND SUCH AMOUNTS ARE INCLUDED AS TAXABLE COMPENSATION IN COLUMN (B)(II). AMOUNTS EARNED BUT NOT YET PAID ARE ACCRUED ACCORDINGLY. Schedule J, Part I, Line 7 The organization has an incentive compensation program for its executive staff. Upon meeting established targets, participants are eligible for payment, subject to the Board's discretion. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 AND PART III, LINE 1 AMERICAN MANAGEMENT ASSOCIATION INTERNATIONAL (THE "ASSOCIATION"AMA") IS A MEMBERSHIP-BASED MANAGEMENT EDUCATION ORGANIZATION. THE ASSOCIATION OFFERS A FULL RANGE OF BUSINESS EDUCATION AND MANAGEMENT DEVELOPMENT PROGRAMS FOR INDIVIDUALS AND ORGANIZATIONS, WORLDWIDE. THE ASSOCIATION, INCORPORATED BY THE REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK, IS EXEMPT FROM UNITED STATES FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CONSOLIDATED FINANCIAL STATEMENTS FORM 990, PART IV, LINE 12 AMERICAN MANAGEMENT ASSOCIATION INTERNATIONAL IS AUDITED IN COMBINATION WITH ITS BRANCH IN BELGIUM AND ITS AFFILIATED ENTITIES IN EUROPE, CANADA, AND MEXICO. ALTHOUGH SEPARATE AUDITED FINANCIAL STATEMENTS ARE NOT ISSUED FOR THE TAX REPORTING ENTITY, A CONSOLIDATED AUDITED FINANCIAL STATEMENT WAS ISSUED FOR THE FISCAL YEAR ENDED MARCH 31, 2020 WHICH WAS PREPARED IN ACCORDANCE WITH GAAP. Form 990, Part VI, Section A, Line 3 DURING THE REPORTING YEAR, THE ASSOCIATION DELEGATED THE DAY-TO-DAY MANAGEMENT OF ITS EUROPEAN OPERATIONS TO AN INDEPENDENT CONTRACTOR EMPLOYED BY THE PF CONSULTING COMPANY. THIS INDIVIDUAL WORKS UNDER THE DIRECT SUPERVISION OF THE ASSOCIATION'S OFFICERS. MR. PATRICK FANIEL OVERSEES THE OPERATIONS OF THE ASSOCIATION'S BRANCH OFFICE IN BELGIUM, AS WELL AS AMERICAN MANAGEMENT ASSOCIATION EUROPE SA, A RELATED ORGANIZATION. HIS RESPONSIBILITIES INCLUDE BUT ARE NOT LIMITED TO: DIRECTING BUSINESS ACTIVITIES; PLANNING AND EXECUTING THE EUROPEAN BUDGET; GENERAL HUMAN RESOURCES DUTIES SUCH AS HIRING, FIRING AND SUPERVISING PERSONNEL. ALL ACTIONS AND DECISIONS ARE SUBJECT TO PARENT COMPANY OVERSIGHT AND ADHERE TO THE ASSOCIATION'S CORPORATE POLICIES AND PROCEDURES. FOR THE YEAR ENDED DECEMBER 31, 2019, THE ASSOCIATION PAID MR. FANIEL 174,960 EUROS FOR SERVICES, AND A DE MINIMUS AMOUNT FOR BUSINESS EXPENSE REIMBURSEMENTS. ORGANIZATION MEMBERS FORM 990, PART VI, SECTION A, LINE 6 AMA IS A MEMBER-BASED ORGANIZATION WITH THREE CLASSES OF MEMBERS: COMPANY MEMBERS, INDIVIDUAL MEMBERS AND E-MEMBERS. EACH PERSON ENROLLED AS A COMPANY MEMBER AND EACH PERSON ENROLLED AS AN INDIVIDUAL MEMBER SHALL HAVE VOTING RIGHTS; E-MEMBERS DO NOT HAVE ANY VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7a & 7b COMPANY AND INDIVIDUAL MEMBERS ARE AUTHORIZED TO ELECT AMA'S BOARD OF TRUSTEES (OTHER THAN THE PRESIDENT, CHAIR OF THE BOARD AND VICE CHAIR OF THE BOARD). CERTAIN TRANSACTIONS OF THE CORPORATION, ACCORDING TO THE BY-LAWS AND/OR ARTICLES OF INCORPORATION, ARE APPROVED BY THE MEMBERS. PROCESS USED TO REVIEW FORM 990 FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S FORM 990 IS INITIALLY PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S FINANCE DEPARTMENT IN CONSULTATION WITH VARIOUS STAFF. THE DRAFT RETURN IS FIRST REVIEWED BY THE ASSOCIATION'S FINANCE DEPARTMENT AND EXECUTIVES. IT IS THEN PROVIDED TO THE ASSOCIATION'S BOARD OF TRUSTEES AND AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING THE FORM 990 WITH THE IRS. MONITORING AND COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C ALL NEW EMPLOYEES AND TRUSTEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT AT THE TIME OF HIRING OR PRIOR TO ELECTION TO THE BOARD, RESPECTIVELY, MAKING KNOWN ANY OUTSIDE AFFILIATIONS WHICH MAY POTENTIALLY CAUSE A CONFLICT OF INTEREST. ALL CURRENT EMPLOYEES (OTHER THAN OFFICERS AND KEY EMPLOYEES) ARE REQUIRED TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT TO THE GENERAL COUNSEL, DISCLOSING ALL SUCH POTENTIAL CONFLICTS. ALL CURRENT TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT AN ANNUAL CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE STATEMENT TO THE BOARD SECRETARY, DISCLOSING ALL OUTSIDE AFFILIATIONS WHICH MAY POTENTIALLY CAUSE A CONFLICT OF INTEREST. IN ADDITION, EMPLOYEES ARE REQUIRED TO DISCLOSE TO THE PRESIDENT/CEO OR THE GENERAL COUNSEL, AND TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE TO THE AUDIT COMMITTEE CHAIRMAN, RESPECTIVELY, ANY POTENTIAL CONFLICTS OF INTEREST OR VIOLATIONS OF THE CONFLICT OF INTEREST POLICY AS THEY ARISE. IF NECESSARY, APPROPRIATE ACTION IS TAKEN TO RESOLVE ANY SUCH CONFLICTS OR VIOLATIONS. EXECUTIVE COMPENSATION REVIEW FORM 990, PART VI, SECTION B, LINES 15A AND 15B AMA'S EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED BY ITS COMPENSATION & BENEFITS COMMITTEE (THE "COMMITTEE") AND BOARD OF TRUSTEES (THE "BOARD"). THE PROCESS INCLUDES THE INDEPENDENT COMMITTEE SEEKING THE ADVICE OF AN OUTSIDE COMPENSATION FIRM. THE OUTSIDE FIRM BENCHMARKS EXECUTIVE COMPENSATION USING VALIDATED SURVEY DATA THAT FOCUSES ON THE MARKETPLACE THAT THEY AND THE COMMITTEE HAVE DEFINED AS APPROPRIATE. THE COMMITTEE MEETS AT LEAST ONCE A YEAR. THE COMMITTEE REVIEWS AND APPROVES ALL EXECUTIVE COMPENSATION WITH THE EXCEPTION OF THE CEO, WHOSE COMPENSATION REVIEW REQUIRES ADDITIONAL APPROVAL STEPS. THE COMMITTEE REVIEWS AND RECOMMENDS TO THE FULL BOARD ALL COMPENSATION MATTERS RELATED TO THE CEO. THE FULL BOARD THEN REVIEWS AND APPROVES THE COMPENSATION OF THE CEO. THE APPROVALS ARE DOCUMENTED IN THE MEETING MINUTES WHICH ARE MAINTAINED BY THE OFFICE OF THE SECRETARY AND GENERAL COUNSEL. THIS PROCESS WAS MOST RECENTLY COMPLETED IN MAY 2020. PUBLIC AVAILABILITY OF DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BY-LAWS, CERTIFICATE OF INCORPORATION, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ALSO, THE FEDERAL FORM 990 WHICH INCLUDES FINANCIAL AND OTHER DISCLOSURES IS AVAILABLE ON GUIDESTAR AND UPON REQUEST. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 9 CUMULATIVE TRANSLATION: $30,014 CURRENT YEAR MOVEMENT - SFAS 158: ($622,798) CURRENT YEAR MOVEMENT - SFAS 106: $149,783 TOTAL OTHER CHANGES IN NET ASSETS ($443,001) CONSOLIDATED FINANCIAL STATEMENT FORM 990, PART XII AMERICAN MANAGEMENT ASSOCIATION INTERNATIONAL IS PART OF A CONSOLIDATED FINANCIAL STATEMENT AUDIT IN COMBINATION WITH ITS RELATED ORGANIZATIONS. THE CONSOLIDATED FINANCIAL STATEMENTS ISSUED FOR THE FISCAL YEAR ENDED MARCH 31, 2020 WERE PREPARED IN ACCORDANCE WITH GAAP. AMERICAN MANAGEMENT ASSN HOLDINGS LLC 1601 BROADWAY NEW YORK NY 10019 900449647 HOLDING CORP DE 0 17815284 AMA AMA Holdings Asia LLC 1601 Broadway New York NY 10019 611615525 Dormant DE 0 0 ama IMACAN MANAGEMENT CENTRE 150 YORK STREET 5TH FLOOR M5h Canada CA EDUCATION ACT CA N/A N/A AMA true MANAGEMENT CENTER DE MEXICO AC AVENIDA PASEO DE LA REFORMA 35 Mexico MX EDUCATION ACT MX N/A N/A AMA true AMA EUROPE SA RUE DE LAQUEDUC 118 1050 BRUSSELS BE EDUCATION ACT BE AMA HOLDINGSLLC C CORP 6753018 1732111 1.00000 true true false false false false false false false false false false true true false true true true true true IMACAN MANAGEMENT CENTRE A 1552809 COST MANAGEMENT CENTER DE MEXICO AC A 80823 COST AMA EUROPE SA a 28748 COST IMACAN MANAGEMENT CENTRE l 610814 COST IMACAN MANAGEMENT CENTRE Q 110501 COST MANAGEMENT CENTER DE MEXICO AC Q 1601 COST AMA EUROPE SA Q 461025 COST IMACAN MANAGEMENT CENTRE S 905695 COST MANAGEMENT CENTER DE MEXICO AC S 55000 COST AMA EUROPE SA S 403452 cost