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Nonprofit · EIN 04-3177990

HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION

Tax-exempt · BRIGHTON, MA 02135

Financials

$319M$323M2022$317M$316.5M2023$313.5M$312.8M2024
Revenue Expenses · by fiscal year end
Financials of HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$313,544,802$312,827,050$717,752$195,247,927$144,252,508$50,995,419
June 30, 2024990$317,014,414$316,489,485$524,929$191,345,182$142,778,500$48,566,682
June 30, 2023990$318,965,400$323,019,114-$4,053,714$190,632,828$142,591,885$48,040,943
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$289,548,267
Investment income
$4,141,129
Royalties
$19,017,455
Net rental income
$837,951
Other revenue
$19,855,406

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$3,009,218
Other salaries and wages
$84,989,982
Salaries, compensation and benefits (total)
$110,791,886
Professional fundraising fees
$0
Legal fees
$537,263
Accounting fees
$932,104
Occupancy
$5,288,793
Travel
$1,679,407
Depreciation
$2,813,738
Program services (functional)
$292,342,355
Management and general (functional)
$20,484,695

Balance sheet and other

Total assets, start of year
$191,345,182
Total assets, end of year
$195,247,927
Total liabilities, end of year
$144,252,508
Net assets, end of year
$50,995,419
Land, buildings and equipment
$9,127,946
Net assets without donor restrictions
$50,995,419
Gross unrelated business income
$12,086,504
Gross receipts
$313,544,802
Employees
560
Volunteers
0
Year formed
1993
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
VG NARAYANANDIRECTOR
Trustee or director
2$0$861,602$81,391
SURAJ SRINIVASANAUDIT COMMITTEE CHAIR
Trustee or director
2$18,000$811,431$45,448
DAS NARAYANDASFORMER DIRECTOR
Former
0$0$733,447$78,149
BHARAT ANANDDIRECTOR
Trustee or director
2$0$727,284$44,906
RAFFAELLA SADUNCHAIRMAN OF THE BOARD
Trustee or director
5$4,500$688,813$75,846
SARAH MCCONVILLE ULICNYCO-PRESIDENT
Trustee or director, Officer
45$681,776$0$73,553
ELLEN M DESMARAISCO-PRESIDENT
Trustee or director, Officer
45$682,498$0$70,814
ANGELA Q CRISPIDIRECTOR
Trustee or director
2$0$591,180$82,133
ALAN IGNATIUSEDITOR AT LARGE
Highest-paid employee
45$600,338$0$70,918
ROBIN GREENWOODDIRECTOR
Trustee or director
2$0$586,030$75,543
ELIE OFEKDIRECTOR AS OF 9/24
Trustee or director
2$0$559,787$48,214
IAN FANTONCHIEF CLIENT OFFICER
Highest-paid employee
45$525,889$0$73,332
ERICA HEBERT MATTHEWSSR. STRAT RELATIONSHIP MGR
Highest-paid employee
45$525,040$0$28,928
LUCILLE R GOLDSMITHSR. STRAT RELATIONSHIP MGR
Highest-paid employee
45$538,704$0$13,405
DOUGLAS BEIMLERVP, GLOBAL SALES
Highest-paid employee
45$466,996$0$69,280
9 more people on this return
NameTitleHours / weekCompensationOther / benefits
AMY BERNSTEINSVP & EDITOR IN CHIEF, HBR
Key employee
45$457,428$71,742
PAUL BILLSSR. VICE PRESIDENT, CFO
Officer
45$443,839$71,927
ANGELA CHENG-CIMINISR VP/CHRO-TERM AS OF 12/24
Officer
45$413,298$65,492
BIPUL MAINALISVP,CHF RISK OFF AS OF 1/25
Officer
45$391,905$71,100
JASON MCNAMARASVP, CHIEF INFORMATION OFFICER
Key employee
45$367,866$63,361
ANNE DWANECOMPENSATION COMMITTEE CHAIR
Trustee or director
2$0$0
DAVID F CAREYDIRECTOR
Trustee or director
2$0$0
ANDREW RASHBASSDIRECTOR
Trustee or director
2$0$0
JESSIE WOOLLEY-WILSONDIRECTOR AS OF 9/24
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LAILA WORRELLCEO
Trustee or director, Officer
45$1,384,015$0$63,842
DAS NARAYANDASDIRECTOR
Trustee or director
2$4,500$778,815$76,428
VG NARAYANANDIRECTOR
Trustee or director
2$0$743,040$77,894
SURAJ SRINIVASANAUDIT COMMITTEE CHAIR
Trustee or director
2$9,000$743,829$43,541
BHARAT ANANDDIRECTOR
Trustee or director
2$0$745,297$44,287
ANGELA Q CRISPIDIRECTOR
Trustee or director
2$0$600,409$71,628
ALAN IGNATIUSEVP, EDITOR IN CHIEF
Key employee
45$565,870$0$69,537
SARAH MCCONVILLE ULICNYCO-PRESIDENT
Trustee or director, Officer
45$562,961$0$70,547
ELLEN M DESMARAISCO-PRESIDENT
Trustee or director, Officer
45$555,669$0$67,904
ROBIN GREENWOODDIRECTOR
Trustee or director
2$0$534,829$72,572
IAN FANTONCHIEF CLIENT OFFICER
Highest-paid employee
45$506,586$0$70,410
RAFFEALLA SADUNCHAIRMAN OF THE BOARD
Trustee or director
5$9,000$474,037$72,960
CORI CHARVATSR. STRAT RELAT MGR
Highest-paid employee
45$490,139$0$42,945
AMY BERNSTEINVP, EXECUTIVE EDITOR
Highest-paid employee
45$445,234$0$68,832
DOUGLAS BEIMLERVP, GLOBAL SALES
Highest-paid employee
45$447,357$0$63,486
PAUL BILLSSR. VICE PRESIDENT, CFO
Officer
45$416,890$0$69,287
SIUYIN MAFFAVP,SOFTWARE ENGINEERING
Highest-paid employee
45$413,668$0$69,706
ANGELA CHENG-CIMINISR VP/CHRO
Officer
45$373,024$0$62,955
JASON MCNAMARASVP, CHIEF INFORMATION OFFICER
Key employee
45$358,250$0$61,499
ANNE DWANECOMPENSATION COMMITTEE CHAIR
Trustee or director
2$0$0$0
IAN LORINGDIRECTOR
Trustee or director
2$0$0$0
DAVID F CAREYDIRECTOR
Trustee or director
2$0$0$0
ANDREW RASHBASSDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 29 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOSHUA MACHTFORMER CEO
Former
45$1,297,546$0$43,609
SURAJ SRINIVASANDIRECTOR
Trustee or director
2$0$769,693$39,545
DAS NARAYANDASCHAIRMAN OF THE BOARD
Trustee or director
5$9,000$667,284$72,758
ALAN IGNATIUSEVP & EDITOR IN CHIEF
Key employee
45$587,564$0$65,629
DOUGLAS BEIMLERVP, GLOBAL SALES
Highest-paid employee
45$569,579$0$57,845
LUIS M VICEIRADIRECTOR
Trustee or director
2$0$553,505$73,174
TSEDAL B NEELEYDIRECTOR
Trustee or director
2$0$556,189$66,790
ANGELA Q CRISPIDIRECTOR
Trustee or director
2$0$535,343$67,676
IAN FANTONEVP, CORPORATE LEARNING
Key employee
45$533,921$0$64,616
SARAH MCCONVILLE ULICNYEVP,HBR GROUP PUBLISHER
Key employee
45$521,384$0$66,157
STEPHANIE GOLDKLANGSR STRAT REL MGR
Highest-paid employee
45$553,857$0$24,228
BENJAMIN ESTYAUDIT COMMITTEE CHAIR
Trustee or director
2$0$477,699$68,781
AMY BERNSTEINVP, EXEC EDITORIAL DIR
Highest-paid employee
45$465,614$0$64,516
GREGORY A KARRIPSR STRAT REL MGR
Highest-paid employee
45$485,754$0$37,809
CECILIA C FRICANOSR STRAT REL MGR
Highest-paid employee
45$482,128$0$29,135
PAUL BILLSSR. VICE PRESIDENT, CFO
Officer
45$430,839$0$63,906
ELLEN M DESMARAISCOO, EVP HE
Key employee
45$426,769$0$63,341
RAFFEALLA SADUNDIRECTOR
Trustee or director
2$0$422,037$67,318
JASON MCNAMARASVP, CHIEF INFORMATION OFFICER
Key employee
45$370,730$0$58,593
MARK C ELLIOTTDIRECTOR
Trustee or director
2$0$356,889$65,591
ANGELA CHENG-CIMINISR VP/CLERK
Officer
45$363,439$0$58,887
LAILA WORRELLCEO
Trustee or director, Officer
45$287,192$0$51,643
DAVID A WANDIRECTOR
Trustee or director
2$0$0$0
WILLIAM T KERRDIRECTOR
Trustee or director
2$0$0$0
LARRY KRAMERCOMPENSATION COMMITTEE CHAIR
Trustee or director
2$0$0$0
BIRGER MAGNUSDIRECTOR
Trustee or director
2$0$0$0
ANNE DWANEDIRECTOR
Trustee or director
2$0$0$0
IAN LORINGDIRECTOR
Trustee or director
2$0$0$0
DAVID F CAREYDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
20 GUEST STREETSUITE 400, BRIGHTON, MA 02135-0000
In care of
% BARBARA LINDSEY VP FINANCE
Principal officer (990 for 2024)
Charles Bonney, 20 GUEST STREET SUITE 400, BRIGHTON, MA 02135
Signed the 990
Charles Bonney, SVP, CFO
Phone
(617) 783-7426
Return prepared by
PWC US TAX LLP

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • See Schedule O Management Education to Individual Managers
    Expenses $57,305,082 · revenue $79,819,398
  • See Schedule O Management Education in Support of Higher Education
    Expenses $77,785,856 · revenue $101,050,353
  • See Schedule O Management Education to Corporations
    Expenses $90,081,913 · revenue $96,164,365

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-3177990
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$195,247,927
Income (IRS master file)
$313,544,802

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$313,544,802$312,827,050$195,247,927IRS
990-TJune 2025–––IRS
990June 2024$317,014,414$316,489,485$191,345,182IRS
990-TJune 2024–––IRS
990June 2023$318,965,400$323,019,114$190,632,828XML
990-TJune 2023–––IRS
990June 2022$307,657,781$302,020,475$217,066,145IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3177990).

Questions about HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION

What is the EIN of HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION?
The employer identification number (EIN) of HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION is 04-3177990.
Is HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION?
The 990 for the year ended June 30, 2025 names Charles Bonney.
Who are the officers and directors of HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION?
The 990 for the year ended June 30, 2025 lists 24 people; 14 received compensation from the organization.
How much revenue does HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $313,544,802, expenses of $312,827,050 and total assets of $195,247,927 at year end.

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