HULT INTERNATIONAL BUSINESS SCHOOL INC
Income Statement
Fiscal Year Start:
Aug 1
Revenues in 2025
$217,685,844
Program Services
98%
Contributions
<1%
Investments
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$215,062,354
Other
34%
Grants
30%
Salaries & Benefits
14%
Offices, Occupancy & IT
12%
Fees to Service Providers
10%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$6,000,000
$1,689,453
-72%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$184,979,790
$214,183,943
+16%
Membership Dues
$0
$0
-
Investments
$2,232,637
$1,577,049
-29%
Other
$0
$235,399
-
Total Revenues
$193,212,427
$217,685,844
+13%
Expenses
2024
2025
Change
Grants
$46,653,140
$64,806,582
+39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$25,314,557
$29,170,416
+15%
Fees to Service Providers
$17,525,914
$20,587,346
+17%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$23,904,168
$25,901,854
+8%
Interest
$0
$0
-
Depreciation
$400,036
$419,464
+5%
Other
$76,410,764
$74,176,692
-3%
Total Expenses
$190,208,579
$215,062,354
+13%
Net income
2024
2025
Change
Net income
+$3,003,848
+$2,623,490
-13%
Functional Expenses
Summary
2024
2025
Change
Program
$171,268,155
$192,790,282
+13%
Admin
$18,940,424
$22,272,072
+18%
Fundraising
$0
$0
-
Total Expenses
$190,208,579
$215,062,354
+13%
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