2018-11-14T10:33:53-06:00 2017-12-31 135565207 KPMG LLP 345 Park Avenue New York NY 10154 990 2017-01-01 131624108 The Conference Board Inc CONF 2127590900 845 Third Avenue New York NY 100226600 James Slamp Executive Vice President and CFO 2018-11-14 true Mary-Evelyn Antonetti P00431862 2127589700 2015-05-15 2017 2019-02-21 02:37:17Z Jonathan Spector CEO 845 Third Avenue New York NY 100226600 73213701 false X WWW.CONFERENCE-BOARD.ORG X 1924 NY The Conference Board creates and disseminates knowledge about management and the marketplace to help businesses strengthen their performance and better serve society. 22 20 283 20 0 0 11407386 11350118 53604639 54442897 224467 429625 -21842 -24204 65214650 66198436 0 0 0 0 36463757 40021621 0 0 0 25450115 24489659 61913872 64511280 3300778 1687156 32500913 32944020 49799231 48512574 -17298318 -15568554 X The Conference Board creates and disseminates knowledge about management and the marketplace to help businesses strengthen their performance and better serve society. Working as a global independent membership organization in the public interest, we conduct research, convene conferences, make forecasts, assess trends, publish information and analysis and bring executives together to learn from one another. false false 28800837 0 46906501 THE CONFERENCE BOARD CONDUCTS CONFERENCES, SEMINARS, BRIEFINGS AND PEER GROUP COUNCILS TO EXCHANGE INSIGHTS AMONG EXECUTIVES OF CORPORATIONS IN VARIOUS INDUSTRY SEGMENTS. DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2017, THE CONFERENCE BOARD HELD 31 CONFERENCES, 31 SEMINARS AND 5 WORKSHOPS. 16702410 0 7536396 THE CONFERENCE BOARD CREATES AND DISSEMINATES KNOWLEDGE ABOUT MANAGEMENT AND THE MARKETPLACE TO HELP BUSINESSES STRENGTHEN THEIR PERFORMANCE AND BETTER SERVE SOCIETY. WORKING AS A GLOBAL INDEPENDENT MEMBERSHIP ORGANIZATION IN THE PUBLIC INTEREST, THE CONFERENCE BOARD CONDUCTS RESEARCH AND PRODUCED 37 RESEARCH REPORTS, 6 WHITE PAPERS, 61 PERIODICALS, AND 18 CASE STUDIES DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2017. 1700794 0 0 THROUGH A WIDE RANGE OF REPORTS AND PERIODICALS, THE CONFERENCE BOARD ANALYZES AND REPORTS ON BUSINESS PRACTICES AND POLICIES, AND EVALUATES WORLDWIDE ECONOMIC TRENDS. DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2017, THE CONFERENCE BOARD PUBLISHED 4 EXECUTIVE ACTIONS, 26 CONFERENCE KEYNOTES, 46 ECONOMIC WATCH REPORTS, 53 CHINA CENTER REPORTS, AND 2 HUMAN CAPITAL REPORTS. 1163072 0 0 OTHER PROGRAM SERVICES - THE COMMUNICATION DEPARTMENT COMMUNICATES THE VALUE AND PUBLIC BENEFITS OF THE CONFERENCE BOARD TO MAJOR MEDIA, INCLUDING NEWSPAPERS, MAGAZINES, RADIO/TV, AND INTERNET USERS. THROUGH PRESS RELEASES, NEWS ALERTS, PERSONAL CONTACTS AND NEWS BRIEFINGS, THE DEPARTMENT PUBLICIZES THE CONFERENCE BOARD'S MANAGEMENT AND ECONOMIC RESEARCH AND PROGRAMS. DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2017, THE CONFERENCE BOARD RECEIVED 1449 INFORMATION REQUESTS, AND 1405 INFORMATION SEARCH REQUESTS 1163072 48367113 true true false false false false false false false false true false false false true true true false false true true false false false true false false false false true false false false false false false false false false false false false false true true true false false true 181 0 true 283 true false true BE IN SN false false false true true true false false false X 22 20 false false false false true true true true true false false true true true true true true true true true true CA CO CT DE DC FL GA AL HI ID IL IN IA KS KY LA ME AK MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA AZ RI SC SD TN TX UT VT VA AR WA WV WI WY X Daniel Saltzman 2123390385 845 Third Avenue New York NY 10022 George S Barrett Vice Chairman and Trustee 1.0 X X 0 0 0 Ilene S Gordon Vice Chairman and Trustee 1.0 X X 0 0 0 Edward B Rust Jr Vice Chairman and Trustee 1.0 X X 0 0 0 Francisco Gonzalez Vice Chairman and Trustee 1.0 X X 0 0 0 Harry M Jansen Kraemer Jr Vice Chairman and Trustee 1.0 X X 0 0 0 Jonathan Spector CEO/President and Trustee 40.0 X X 1250243 0 191088 Josef Ackermann Vice Chairman and Trustee 1.0 X X 0 0 0 Ronald Williams Vice Chairman and Trustee 1.0 X X 0 0 0 Roger Ferguson JR Chairman and Trustee 1.0 X X 0 0 0 Daniel F Muzyka Trustee 1.0 X 0 0 0 Ron O'Hanley Trustee 1.0 X 0 0 0 Maggie Wilderotter Trustee until June 2017 1.0 X 0 0 0 Carl Camden Trustee 1.0 X 0 0 0 Beth Brooke-Marciniak Trustee 1.0 X 0 0 0 Steve Odland CED CEO, Trustee 40.0 X 523406 0 83713 David Schmittlein Trustee 1.0 X 0 0 0 Pablo Gonzalez Guajardo Trustee 1.0 X 0 0 0 Pat O'Doherty Trustee 1.0 X 0 0 0 Jack Hockema Trustee 1.0 X 0 0 0 Robert Moritz Trustee 1.0 X 0 0 0 Alan M Dachs Chair Emeritus 1.0 X 0 0 0 Susan Schwab Trustee 1.0 X 0 0 0 Juergen Tinggren Trustee 1.0 X 0 0 0 Daniel Saltzman Assistant Treasurer 40.0 X 127237 0 41090 James Slamp EVP, Chief Financial Officer and Treasurer 40.0 X 446394 0 116448 Sophia Muirhead SVP, General Counsel and Corporate Secretary 40.0 X 363203 0 72949 Marie Pierre-Paul Assistant Secretary 40.0 X 72176 0 23273 Hubertus Van Ark EVP and Chief Economist 40.0 X 416726 0 84013 Janet Etsch SVP US Development 40.0 X 351081 0 143832 Marion Feigenbaum SVP Conferences 40.0 X 373411 0 88280 Salvatore Vitale EVP Products and Services 40.0 X 160984 0 41509 Tom Stigler SVP US Development (as of 5/22/2017) 40.0 X 174009 0 16208 Rainer Schultheis Managing Director, Europe, Middle East & Africa 40.0 X 305264 0 70942 David Hoffman SVP and Managing Director China Center and China Center Ops 40.0 X 436968 0 26785 Rebecca Ray EVP Human Capital 40.0 X 361742 0 88717 Carol Orenstein Chief Marketing Officer 40.0 X 319337 0 83981 Russell Morris VP Human Resources 40.0 X 267324 0 85066 5949505 0 1257894 85 false true false KPMG LLP 345 Park Avenue New York NY 101540102 AUDITING SERVICES 359651 AON HEWITT 200 East Randolph Street Chicago IL 60601 ACTUARIAL SERVICES 310797 HIGHSTREET IT SOLUTIONS LLC PO Box 678351 Dallas TX 75267 IT CONSULTING SERVICES 196909 Fraser Keating Associates 230 Park Avenue Third Floor West New York NY 10169 RECRUITING SERVICES 189468 Denton US LLP 1221 Avenue of the Americas New York NY 100201089 CONSULTING SERVICES 112000 7 0 0 968150 0 0 10381968 0 11350118 Conferences, Councils & Meetings 541900 8065831 8065831 0 0 Membership 541900 20339963 20339963 0 0 Councils and Centers 541900 25998972 25998972 0 0 All Other Program Service Revenue 541900 38131 38131 0 0 0 0 0 0 54442897 242171 0 0 242171 0 0 0 0 27332 0 0 27332 0 0 0 0 0 0 0 0 0 0 7044433 0 6856979 0 187454 0 187454 0 0 187454 106750 968150 158286 -51536 0 -51536 0 0 0 0 0 0 0 0 0 0 0 0 N/A 0 0 0 0 N/A 0 0 0 0 N/A 0 0 0 0 0 0 0 0 0 66198436 54442897 0 405421 X 0 0 0 0 0 0 0 0 4706466 1719356 2987110 0 0 0 0 0 26739138 20856528 5882610 0 2100001 1638001 462000 0 4696451 3663232 1033219 0 1779565 1388061 391504 0 0 0 0 0 447400 348972 98428 0 418470 326407 92063 0 0 0 0 0 0 0 112823 88002 24821 0 9518226 7424217 2094009 0 0 0 0 0 1459633 1138514 321119 0 0 0 0 0 0 0 0 0 3168822 2471681 697141 0 1987426 1550192 437234 0 0 0 0 0 4422909 3449869 973040 0 0 0 0 0 0 0 0 0 1033972 806498 227474 0 314904 245625 69279 0 CREDIT CARD COLLECTION FEES 350528 273412 77116 0 BOOKS, PERIODICALS & SERVICE 216556 168914 47642 0 TRAINING 51136 39886 11250 ALL OTHER EXPENSE 986854 769746 217108 0 0 0 0 0 64511280 48367113 16144167 0 0 0 0 0 5652573 3907240 1438142 1409602 471400 611432 4645899 4585542 0 0 0 0 0 0 0 0 2033712 1873247 20410256 16682239 4113743 3728017 14145444 16828940 0 0 0 0 0 32500913 32944020 8301457 8464079 0 0 19668952 19774999 0 0 0 0 0 0 0 21828822 20273496 49799231 48512574 X -18520852 -17142240 1222534 1573686 0 0 0 0 0 0 0 0 -17298318 -15568554 32500913 32944020 X 1687156 1314979 0 0 -1272371 X false true X true false X 6772812 1676814 10291550 11407386 11350118 41498680 0 0 0 0 0 0 0 0 0 0 0 0 6772812 1676814 10291550 11407386 11350118 41498680 0 41498680 226981 84135 203078 245512 269503 1029209 0 0 0 0 0 0 0 0 0 0 0 0 42527889 233769627 0.9758 0.9727 X Schedule A, Part I, Line 9 HISTORICALLY THE ORGANIZATION HAS CHECKED BOX 10 AS EXEMPT WITH THE IRS UNDER SECTION 509(A)(2). HOWEVER, TO SUPPORT THE USE OF THE SPECIAL 2% RULE FOR REPORTING CONTRIBUTIONS ON SCHEDULE B, THE ORGANIZATION HAS FILLED OUT PART II. THE PART III CALCULATION IS AVAILABLE UPON REQUEST. FOR 2017, SCHEDULE B IS INCLUDED AS THERE IS ONE CONTRIBUTION TO REPORT OVER THE 2% THRESHOLD. 5547949 2569287 2978662 9884753 9244442 640311 4977554 4868510 109044 3728017 Deferred Rent 1262719 Postretirement benefit obligation 2545307 Pension Liability 16465470 Foreign Subs 20273496 X 66275701 1314979 -1124891 190088 66085613 112823 0 112823 66198436 66025650 0 0 0 1627194 1627194 64398456 112824 0 112824 64511280 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Board is a Section 501(c)(3) organization and is exempt from federal and state income taxes under Section 501(a) of the Internal Revenue Code (IRC) and its related income is not subject to federal and state income taxes. The Board recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Income generated from activities unrelated to the Board's exempt purpose is subject to tax under IRC Section 511. The Board did not recognize any uncertain tax positions for the years ended December 31, 2017 or December 31, 2016. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 PENSION RELATED CHANGES - -1047364 EFFECT OF A FOREIGN CURRENCY TRANSLATION - -229271 FOREIGN SUB ADJUSTMENT - -6542 FUNDRAISING EXPENSES RECLASSIFIED - 158286 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 FOREIGN SUB ADJUSTMENT - 1468908 FUNDRAISING EXPENSE RECLASSIFIED - 158286 East Asia and the Pacific 4 24 Program Services Conferences/Councils / Membership/Meetings 2103759 Europe (Including Iceland and Greenland) 4 44 Program Services Membership/Meetings/Councils 7417242 8 68 0 0 8 68 9521001 0 9521001 false false true true false true Dinner 1074900 968150 106750 80224 34382 43680 0 0 1074900 968150 106750 80224 34382 43680 158286 -51536 X X X true true X X X false true false false false false false false false Jonathan Spector CEO/President and Trustee 710250 0 199723 0 340270 0 168900 0 22188 0 1441331 0 0 0 Steve Odland CED CEO, Trustee 523406 0 0 0 0 0 55674 0 28039 0 607119 0 0 0 Daniel Saltzman Assistant Treasurer 119975 0 7262 0 0 0 18902 0 22188 0 168327 0 0 0 James Slamp EVP, Chief Financial Officer and Treasurer 298485 0 61064 0 86845 0 97523 0 18925 0 562842 0 0 0 Sophia Muirhead SVP, General Counsel and Corporate Secretary 288554 0 59649 0 15000 0 57670 0 15279 0 436152 0 0 0 Hubertus Van Ark EVP and Chief Economist 305285 0 79982 0 31459 0 64675 0 19338 0 500739 0 0 0 Janet Etsch SVP US Development 267220 0 34900 0 48961 0 124527 0 19305 0 494913 0 0 0 Marion Feigenbaum SVP Conferences 308533 0 64878 0 0 0 68942 0 19338 0 461691 0 0 0 Salvatore Vitale EVP Products and Services 91597 0 69387 0 0 0 39242 0 2267 0 202493 0 0 0 Tom Stigler SVP US Development (as of 5/22/2017) 174009 0 0 0 0 0 7250 0 8958 0 190217 0 0 0 Rainer Schultheis Managing Director, Europe, Middle East & Africa 286848 0 0 0 18416 0 23549 0 47393 0 376206 0 0 0 David Hoffman SVP and Managing Director China Center and China Center Ops 332749 0 56407 0 47812 0 26785 0 0 0 463753 0 0 0 Rebecca Ray EVP Human Capital 304268 0 57474 0 0 0 79523 0 9194 0 450459 0 0 0 Carol Orenstein Chief Marketing Officer 263091 0 56246 0 0 0 55894 0 28087 0 403318 0 0 0 Russell Morris VP Human Resources 234199 0 33125 0 0 0 62878 0 22188 0 352390 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel First class travel for long flights for Jonathan Spector was a Company expense for business travel and not taxable compensation. Schedule J, Part I, Line 1a Tax indemnification and gross-up payments The SERP pays a gross-up to cover taxes on benefits in the year they become vested. In 2017 gross-up payments were made to Jonathan Spector, James Slamp, and Janet Etsch Schedule J, Part I, Line 1a Housing allowance or residence for personal use Housing allowance for Jonathan Spector, James Slamp and Hubertus Van Ark were provided as taxable compensation and reported as part of Schedule J, Part II, (B), (iii) Other Reportable Compensation Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan During the year, a SERP payment was made to Jonathan Spector for $267,082 to James Slamp for $55,910, and to Janet Etsch for $48,961 and are reported as part of Schedule J, Part II, (B), (iii) Other Reportable Compensation Form 990, Part III, Line 4d Description of other program services (Expenses $ 1,163,072 including grants of $ 0)(Revenue $ 0) OTHER PROGRAM SERVICES - THE COMMUNICATION DEPARTMENT COMMUNICATES THE VALUE AND PUBLIC BENEFITS OF THE CONFERENCE BOARD TO MAJOR MEDIA, INCLUDING NEWSPAPERS, MAGAZINES, RADIO/TV, AND INTERNET USERS. THROUGH PRESS RELEASES, NEWS ALERTS, PERSONAL CONTACTS AND NEWS BRIEFINGS, THE DEPARTMENT PUBLICIZES THE CONFERENCE BOARD'S MANAGEMENT AND ECONOMIC RESEARCH AND PROGRAMS. DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2017, THE CONFERENCE BOARD RECEIVED 1449 INFORMATION REQUESTS, AND 1405 INFORMATION SEARCH REQUESTS Form 990, Part VI, Line 6 Classes of members or stockholders A SINGLE CLASS OF MEMBERS SERVES FOR RENEWABLE (AND STAGGERED) THREE YEAR TERMS AND HAVE THE RIGHT TO ELECT TRUSTEES, AND APPROVE SIGNIFICANT BOARD DECISIONS, SUCH AS A DISSOLUTION OF THE COMPANY. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body A SINGLE CLASS OF MEMBERS SERVES FOR RENEWABLE (AND STAGGERED) THREE YEAR TERMS AND HAVE THE RIGHT TO ELECT TRUSTEES, AND APPROVE SIGNIFICANT BOARD DECISIONS, SUCH AS A DISSOLUTION OF THE COMPANY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders A SINGLE CLASS OF MEMBERS SERVES FOR RENEWABLE (AND STAGGERED) THREE YEAR TERMS AND HAVE THE RIGHT TO ELECT TRUSTEES, AND APPROVE SIGNIFICANT BOARD DECISIONS, SUCH AS A DISSOLUTION OF THE COMPANY. Form 990, Part VI, Line 11b Review of form 990 by governing body THE CONFERENCE BOARD'S FORM 990 IS PREPARED INTERNALLY BY THE ACCOUNTING DEPARTMENT UNDER THE DIRECT SUPERVISION OF THE CONTROLLER. THE DRAFT FORM 990 IS SENT TO THE CONFERENCE BOARD'S INDEPENDENT ACCOUNTING FIRM, KPMG LLP, FOR REVIEW, AND THEN REVIEWED BY THE CONFERENCE BOARD'S CFO AND LEGAL COUNSEL. SUBSEQUENTLY, THE RETURN IS REVIEWED BY THE AUDIT COMMITTEE. THE FINAL FORM 990, AS FILED WITH THE IRS, IS PROVIDED TO ALL MEMBERS OF THE BOARD THROUGH AN EMAIL WITH A PASSWORD AND URL LINK TO A SECURE WEBSITE PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFERENCE BOARD'S (TCB) CONFLICT OF INTEREST POLICY IS DESIGNED TO ENSURE THE HIGHEST LEVEL OF ETHICAL CONDUCT OF PERSONS EMPLOYED BY OR INVOLVED IN THE GOVERNANCE OF TCB IN ALL THAT PERTAINS TO TCB, AND TO AVOID PUBLIC PERCEPTIONS AND FINANCIAL CONSEQUENCES DETRIMENTAL TO TCB THAT COULD ARISE FROM THE MISUSE, OR PERCEPTION OF MISUSE, OF AN INDIVIDUAL'S POSITION OR INFLUENCE. THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY FOR ENSURING COMPLIANCE WITH THIS POLICY, ADMINISTERING THE ANNUAL STATEMENT, AND MAKING DECISIONS AS REQUIRED TO AVOID ACTUAL CONFLICTS OF INTEREST. THE BOARD OF TRUSTEES WILL ALSO REVIEW AND REVISE THIS POLICY AS NECESSARY. ANY BOARD MEMBERS WITH A CONFLICT IN A MATTER REQUIRING ACTION BY THE BOARD ARE PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. Form 990, Part VI, Line 15a Process to establish compensation of top management official In setting the total 2017 compensation of the CEO and its officers and key employees (see list of officers/positions below), The Conference Board used the following procedures in order to establish a rebuttable presumption that the compensation was reasonable: The organization commissioned an independent compensation consultant, Aon Hewitt, to conduct a compensation study benchmarking TCB's compensation against that paid by comparable peer organizations. The study assessed the current and proposed compensation paid to TCB's CEO and other disqualified persons against the compensation paid by 19 peer organizations. The results of this study were presented to the disinterested members of the Organization's Board of Trustees, which assessed the comparability data against performance reviews before approving the compensation package of the CEO and each disqualified person. Any trustees with a conflict of interest with respect to the disqualified persons whose compensation was being considered, including those who are also paid employees of TCB (including the CEO), recused themselves from the compensation approval process, beyond providing information to and answering questions from the Board. All compensation decision making was documented contemporaneously in minutes of the meetings of the Board." The offices/positions for which the compensation approval process was used included: CED CEO; EVP, Chief Financial Officer and Treasurer; SVP, General Counsel and Corporate Secretary; EVP and Chief Economist; SVP, US Development; EVP, Products and Services; EVP, Human Capital; Chief Marketing Officer; VP, Human Resources; SVP, Conferences; SVP and Managing Director China center and China Center Ops Form 990, Part VI, Line 15b Process to establish compensation of other employees see 15a Form 990, Part VI, Line 19 Required documents available to the public THE CONFERENCE BOARD MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees CONTRACTOR - FEES - Total Expense: 4892636, Program Service Expense: 3816256, Management and General Expenses: 1076380, Fundraising Expenses: 0; OTHER PURCHASED SERVICES - Total Expense: 2076678, Program Service Expense: 1619809, Management and General Expenses: 456869, Fundraising Expenses: 0; CED PROG EXP - Total Expense: 413118, Program Service Expense: 322232, Management and General Expenses: 90886, Fundraising Expenses: 0; MANAGEMENT CONSULTING SERVICES - Total Expense: 87088, Program Service Expense: 67929, Management and General Expenses: 19159, Fundraising Expenses: 0; CUSTOMIZED PROMOTIONS - Total Expense: 360831, Program Service Expense: 281448, Management and General Expenses: 79383, Fundraising Expenses: 0; PURCHASED RESEARCH - Total Expense: 201873, Program Service Expense: 157461, Management and General Expenses: 44412, Fundraising Expenses: 0; Other fees for services - Total Expense: 1301864, Program Service Expense: 1015454, Management and General Expenses: 286410, Fundraising Expenses: 0; RECRUITMENT EXPENSES - Total Expense: 184138, Program Service Expense: 143628, Management and General Expenses: 40510, Fundraising Expenses: 0; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Pension related changes - -1047364; Effect of Foreign Currency Translation - -229271; Foreign Sub Adjustment - 4264; THE SINGAPORE BOARD (SINGAPORE) LTC EDUCATION/RESEARCH SN THE CONFERENCE BOARD INC C Corporation 200 95788 1 true TCB FORUM 120 DINSHAW VACHA ROAD CHURCHGATE MUMBAI IN 400020 INACTIVE IN THE CONFERENCE BOARD INC C Corporation 0 75449 1 true TCB CONFERENCE BOARD (INDIA) PRIVATE LIMITED 120 DINSHAW VACHA ROAD CHURCHGATE MUMBAI IN 400020 EDUCATION/RESEARCH IN THE CONFERENCE BOARD (SINGAPORE) LTD C Corporation -6742 68350 1 true false false false true false false false false false false false false false false true false false true false The Conference Board Singapore R 1436157 AMOUNTS REMITTED TO COVER SINGAPORE EXPENSES The Conference Board Singapore D 8505502 AMOUNTS REMITTED TO COVER SINGAPORE EXPENSES