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Nonprofit · EIN 13-6271591

LICENSING EXECUTIVES SOCIETY INC

Tax-exempt · WAKEFIELD, MA 01880

Financials

$975K$876K2021$1.6M$1.3M2023$1.3M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of LICENSING EXECUTIVES SOCIETY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,345,127$1,347,435-$2,308$1,190,641$612,421$578,220
December 31, 2023990$1,553,670$1,265,946$287,724$1,118,985$538,457$580,528
December 31, 2021990$975,266$876,176$99,090$914,475$625,875$288,600
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$130
Program service revenue
$1,315,974
Investment income
$9,748
Royalties
$10,000
Other revenue
$19,275

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$15,402
Salaries, compensation and benefits (total)
$15,402
Professional fundraising fees
$0
Travel
$1,527
Program services (functional)
$924,509
Management and general (functional)
$422,926

Balance sheet and other

Total assets, start of year
$1,118,985
Total assets, end of year
$1,190,641
Total liabilities, end of year
$612,421
Net assets, end of year
$578,220
Net assets without donor restrictions
$561,828
Net assets with donor restrictions
$16,392
Gross receipts
$1,345,127
Employees
1
Volunteers
109
Year formed
1967
State of legal domicile
NY

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EVELYN CHENPresident/Chair
Trustee or director, Officer
5$0
ANN CANNONIIMM PAST PRES
Trustee or director
5$0
LOUISE LEVIENSecretary
Trustee or director, Officer
5$0
MICHAEL PERHAMPRES ELECT
Trustee or director, Officer
5$0
RACHEL KREPPELCOUNSEL
Trustee or director
5$0
STEVE HOLZENTreasurer
Trustee or director, Officer
5$0
MARK SHELLEYDirector
Trustee or director
5$0
LALIT GAURDirector
Trustee or director
5$0
NICKI KENNEDYDirector
Trustee or director
5$0
JENNIFER SOUTERDirector
Trustee or director
5$0
KAREN TEMPLEDirector
Trustee or director
5$0
ARPI SIYAHIANDirector
Trustee or director
5$0
ERIC GOTTSCHLINGDirector
Trustee or director
5$0
MIHAELA BOUJINDirector
Trustee or director
5$0
IAN DIBERNARDODirector
Trustee or director
5$0
3 more people on this return
NameTitleHours / weekCompensation
SAM WILEYDirector
Trustee or director
5$0
EFRAT KASZNIKDirector
Trustee or director
5$0
CHITRA KALYNARAMANDirector
Trustee or director
5$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
EFRAT KASZNIKDirector
Trustee or director
5$0
ANN CANNONIPres & Chair
Trustee or director, Officer
5$0
LOUISE LEVIENSecretary
Trustee or director, Officer
5$0
MICHAEL PERHAMDirector
Trustee or director
5$0
RACHEL KREPPELCOUNSEL
Trustee or director
5$0
STEVE HOLZENTreasurer
Trustee or director, Officer
5$0
KARTHIKA PERUMALImm. Past Pres.
Trustee or director
5$0
LALIT GAURDirector
Trustee or director
5$0
NICKI KENNEDYDirector
Trustee or director
5$0
ERIC VICTORYDirector
Trustee or director
5$0
KAREN TEMPLEDirector
Trustee or director
5$0
ARPI SIYAHIANDirector
Trustee or director
5$0
ERIC GOTTSCHLINGDirector
Trustee or director
5$0
MIHAELA BOJINDirector
Trustee or director
5$0
IAN DIBERNARDODirector
Trustee or director
5$0
SAM WILEYDirector
Trustee or director
5$0
EVELYN CHENINCOMING PRES
Trustee or director, Officer
5$0
CHITRA KALYANARAMANDirector
Trustee or director
5$0
990 for the year ended December 31, 2021: 18 people
NameTitleHours / weekCompensation
EFRAT KASZNIKDirector
Trustee or director
5$0
ANN CANNONIDirector
Trustee or director
5$0
LOUISE LEVIENDirector
Trustee or director
5$0
MICHAEL PERHAMDirector
Trustee or director
5$0
Rachel KreppelCOUNSEL
Trustee or director
5$0
MICHELLE RILEYTreasurer
Trustee or director, Officer
5$0
Karthika PerumalPRESIDENT ELECT
Trustee or director, Officer
5$0
Lalit GaurDirector
Trustee or director
5$0
KEVIN SPIVAKSecretary
Trustee or director, Officer
5$0
Eric VictoryDirector
Trustee or director
5$0
Karen TempleDirector
Trustee or director
5$0
VINCENT BERGERONDirector
Trustee or director
5$0
SCOTT WILLIAMSPresident
Trustee or director, Officer
5$0
MIHAELA BOJINDirector
Trustee or director
5$0
Ian DiBernardoDirector
Trustee or director
5$0
JULIA BARNES-WEISEDirector
Trustee or director
5$0
Evelyn ChenDirector
Trustee or director
5$0
GILLIAN FENTONIMMED PAST PRES
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
401 EDGEWATER PLACE SUITE 601, WAKEFIELD, MA 01880-6201
Signed the 990
STEVE HOLZEN, Treasurer
Phone
(781) 246-0500
Return prepared by
Jump Perry and Company LLP

Mission

A NONPROFIT PROFESSIONAL AND EDUCATIONAL SOCIETY ASSISTING INDIVIDUALS IN TECHNIQUES OF SAFEGUARDING INTELLECTUAL PROPERTY. THE SOCIETY ALSO INFORMS THE PUBLIC CONCERNING THE ECONOMIC SIGNIFICANCE OF LICENSING OR OTHER TRANSFER OF TECHNOLOGY, INDUSTRIAL AND INTELLECTUAL PROPERTY.

990 for the year ended December 31, 2024

Program accomplishments

  • MEETINGS CONDUCTED TO EXCHANGE INFORMATION AMONG MEMBERS.
    Expenses $636,376
  • SOCIETY PROGRAMS
    Expenses $123,199
  • MEMBERSHIP
    Expenses $113,449
  • EDUCATION SEMINARS HELD TO INCREASE ATTENDEES KNOWLEDGE OF INTELLECTUAL PROPERTY AND TECHNOLOGY TRANSFER FIELDS.
    Expenses $51,485

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-6271591
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,190,641
Income (IRS master file)
$1,345,127

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,345,127$1,347,435$1,190,641XML
990December 2023$1,553,670$1,265,946$1,118,985XML
990December 2022$1,411,971$1,407,767$908,005IRS
990December 2021$975,266$876,176$914,475XML
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 13-6271591).

Questions about LICENSING EXECUTIVES SOCIETY INC

What is the EIN of LICENSING EXECUTIVES SOCIETY INC?
The employer identification number (EIN) of LICENSING EXECUTIVES SOCIETY INC is 13-6271591.
Is LICENSING EXECUTIVES SOCIETY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1968.
Are donations to LICENSING EXECUTIVES SOCIETY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LICENSING EXECUTIVES SOCIETY 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 LICENSING EXECUTIVES SOCIETY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LICENSING EXECUTIVES SOCIETY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of LICENSING EXECUTIVES SOCIETY INC?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does LICENSING EXECUTIVES SOCIETY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,345,127, expenses of $1,347,435 and total assets of $1,190,641 at year end.

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