Nonprofit · EIN 04-3348440
HULT INTERNATIONAL BUSINESS SCHOOL INC
Tax-exempt · CAMBRIDGE, MA 02141
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $217,685,844 | $215,062,354 | $2,623,490 | $118,087,489 | $97,791,949 | $20,295,540 |
| July 31, 2024 | 990 | $193,212,427 | $190,208,579 | $3,003,848 | $116,539,427 | $98,898,061 | $17,641,366 |
| July 31, 2023 | 990 | $191,323,514 | $200,171,496 | -$8,847,982 | $135,263,308 | $120,714,939 | $14,548,369 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $1,689,453
- Program service revenue
- $214,183,943
- Investment income
- $1,812,448
- Net gain from sales of assets
- $235,399
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $64,806,582
- Compensation of officers, directors and key employees
- $242,847
- Other salaries and wages
- $24,781,041
- Salaries, compensation and benefits (total)
- $29,170,416
- Professional fundraising fees
- $0
- Legal fees
- $197,821
- Accounting fees
- $288,692
- Occupancy
- $24,461,193
- Travel
- $81,707
- Depreciation
- $419,464
- Program services (functional)
- $192,790,282
- Management and general (functional)
- $22,272,072
Balance sheet and other
- Total assets, start of year
- $116,539,427
- Total assets, end of year
- $118,087,489
- Total liabilities, end of year
- $97,791,949
- Net assets, end of year
- $20,295,540
- Land, buildings and equipment
- $478,873
- Publicly traded securities
- $26,955,368
- Net assets without donor restrictions
- $20,295,540
- Gross receipts
- $342,913,363
- Employees
- 488
- Volunteers
- 9
- Year formed
- 1996
- 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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MANPREET DHILLON | PROVOST & EXECUTIVE VICE PRESIDENT Highest-paid employee | 40 | $398,937 | $7,653 |
| MATTHEW FISHER | FACULTY Highest-paid employee | 40 | $317,228 | $19,822 |
| STEPHEN WYNN | EXECUTIVE DIRECTOR OF RECRUITMENT Highest-paid employee | 40 | $296,442 | $28,923 |
| MATT LILLEY | PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 | $312,940 |
| FREDERIC CHARTIER | DEAN- POST GRAD Highest-paid employee | 40 | $295,683 | $14,821 |
| BUM CHAN AHN | FACULTY Highest-paid employee | 40 | $275,913 | $23,220 |
| JOAKIM BANESTIG | TREASURER Officer | 2 | $0 | $273,823 |
| MARCUS FRIBERG | CLERK / VP OF FINANCE Officer | 40 | $207,495 | $12,376 |
| NICHOLAS BARBER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ASA RANGNE BLENDOW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DR CRAIG BURNS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHILIP HULT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER JEDREY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REBECCA QUINTAVALLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTER SERENHOV | DIRECTOR Trustee or director | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES SINTROS ESQ | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended July 31, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| OMAR ROMERO HERNANDEZ | HULT SCHOOL PROFESSOR Highest-paid employee | 40 | $398,205 | $31,769 |
| MARTA MAURI ERENA | REGIONAL HEAD OF ENROLLMENT Highest-paid employee | 40 | $413,678 | $5,754 |
| MANPREET DHILLON | PROVOST & EXECUTIVE VICE PRESIDENT Highest-paid employee | 40 | $399,397 | $7,595 |
| MATT LILLEY | PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 | $373,278 |
| EMILIE MCCARTHY | TREASURER THRU 12/2023 Officer | 40 | $0 | $323,336 |
| STEPHEN WYNN | EXECUTIVE DIRECTOR OF RECRUITMENT Highest-paid employee | 40 | $288,104 | $29,994 |
| KATARZYNA BACHNIK | FACULTY Highest-paid employee | 40 | $291,712 | $14,763 |
| MARCUS FRIBERG | CLERK/FIN. MNGR. EFF. 9/24 Officer | 40 | $193,385 | $12,358 |
| JOAKIM BANESTIG | TREASURER BEG. 12/2023 Officer | 2 | $0 | $37,542 |
| ABRAHAM GIORGIS | CLERK/FIN. MNGR. THRU 9/24 Officer | 40 | $33,622 | $1,242 |
| DR CHRISTOPHER AHLBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NICHOLAS BARBER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ASA RANGNE BLENDOW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DR CRAIG BURNS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DEMING CHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DR DAVID COLLIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHILIP HULT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER JEDREY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REBECCA WALSH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTER SERENHOV | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES SINTROS ESQ | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended July 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHANE STEFFENS | HULT PRESIDENT UG PROGRAMS Highest-paid employee | 40 | $434,925 | $27,782 |
| OMAR ROMERO HERNANDEZ | HULT SCHOOL PROFESSOR Highest-paid employee | 40 | $356,352 | $29,584 |
| MARTA MAURI ERENA | REGIONAL HEAD OF ENROLLMENT Highest-paid employee | 40 | $372,363 | $7,004 |
| JESSICA SZUBART | EXECUTIVE VICE PRESIDENT OF UNDERGRAD Highest-paid employee | 40 | $336,245 | $27,779 |
| MANPREET DHILLON | EXECUTIVE VICE PRESIDENT & PROVOST Highest-paid employee | 40 | $326,695 | $7,004 |
| EMILIE MCCARTHY | TREASURER Officer | 40 | $0 | $300,877 |
| MATT LILLEY | PRES/DIR. BEG. 6/30/22 Trustee or director, Officer | 2 | $0 | $181,469 |
| MARCUS FRIBERG | CLERK/FINANCIAL MANAGER Officer | 40 | $161,228 | $11,153 |
| DR DAVID COLLIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES SINTROS ESQ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REBECCA QUINTAVALLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NICHOLAS BARBER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER JEDREY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHILIP HULT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ASA RANGNE BLENDOW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DR CRAIG BURNS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTER SERENHOV | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DR CHRISTOPHER AHLBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DEMING CHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2 EDUCATION CIR, CAMBRIDGE, MA 02141-1970
- Principal officer (990 for 2024)
- MARCUS FRIBERG, ONE EDUCATION STREET, CAMBRIDGE, MA 02141
- Signed the 990
- MARCUS FRIBERG, CLERK
- Phone
- (617) 746-1990
- Website
- WWW.HULT.EDU
- Return prepared by
- LEONARD MULHERIN & GREENE PC
Mission
HULT INTERNATIONAL BUSINESS SCHOOL IS A GLOBAL INSTITUTION THAT TRANSFORMS LIVES BY PROVIDING AN EXCEPTIONALLY VALUABLE AND ENDURING EDUCATION THAT BRINGS TOGETHER PEOPLE, CULTURES, AND IDEAS FROM ALL AROUND THE WORLD. THE SCHOOL ENCOURAGES PERSONAL GROWTH, INTELLECTUAL INTEGRITY, GLOBAL SENSITIVITY, LOCAL ENGAGEMENT, AND CIVIC VALUES, SO THAT STUDENTS ARE ABLE TO FLOURISH IN THE GLOBAL ECONOMY AND ARE EMPOWERED TO CONTRIBUTE MEANINGFULLY TO THEIR BUSINESS AND COMMUNITY.
Program accomplishments
- THE SCHOOL OFFERS ONE YEAR MASTERS PROGRAMS IN BUSINESS ADMINISTRATION, FINANCE, INTERNATIONAL BUSINESS AND INTERNATIONAL MARKETING, AS WELL AS A BACHELORS PROGRAM IN BUSINESS ADMINISTRATION, TO A BROADLY-BASED INTERNATIONAL STUDENT BODY. THE SCHOOL HAS CAMPUS LOCATIONS IN CAMBRIDGE, MASSACHUSETTS, AND SAN FRANCISCO, CALIFORNIA, AND ALSO SERVICES STUDENTS IN LONDON, UNITED KINGDOM AND DUBAI, UNITED ARAB EMIRATES. DURING THE 2025 ACADEMIC YEAR, THE SCHOOL HAD APPROXIMATELY 3,700 STUDENTS ENROLLED IN ALL PROGRAMS.Expenses $192,790,282 · grants $64,806,582 · revenue $214,183,943
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 04-3348440
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B51Z)
- Assets (IRS master file)
- $118,087,489
- Income (IRS master file)
- $342,913,363
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $217,685,844 | $215,062,354 | $118,087,489 | XML |
| 990 | July 2024 | $193,212,427 | $190,208,579 | $116,539,427 | XML |
| 990 | July 2023 | $191,323,514 | $200,171,496 | $135,263,308 | XML |
| 990 | July 2022 | $179,137,520 | $181,717,123 | $109,525,506 | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 04-3348440).
Questions about HULT INTERNATIONAL BUSINESS SCHOOL INC
- What is the EIN of HULT INTERNATIONAL BUSINESS SCHOOL INC?
- The employer identification number (EIN) of HULT INTERNATIONAL BUSINESS SCHOOL INC is 04-3348440.
- Is HULT INTERNATIONAL BUSINESS SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to HULT INTERNATIONAL BUSINESS SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HULT INTERNATIONAL BUSINESS SCHOOL INC 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 HULT INTERNATIONAL BUSINESS SCHOOL INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HULT INTERNATIONAL BUSINESS SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of HULT INTERNATIONAL BUSINESS SCHOOL INC?
- The 990 for the year ended July 31, 2025 names MARCUS FRIBERG.
- Who are the officers and directors of HULT INTERNATIONAL BUSINESS SCHOOL INC?
- The 990 for the year ended July 31, 2025 lists 16 people; 6 received compensation from the organization, the highest $398,937 (MANPREET DHILLON, PROVOST & EXECUTIVE VICE PRESIDENT).
- How much revenue does HULT INTERNATIONAL BUSINESS SCHOOL INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $217,685,844, expenses of $215,062,354 and total assets of $118,087,489 at year end.
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