Nonprofit · EIN 20-1290173
INTERNATIONAL VALUATION STANDARDS COMMITTEE
Tax-exempt · CHICAGO, IL 60606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $2,247,511 | $2,098,261 | $149,250 | $3,914,504 | $1,523,462 | $2,391,042 |
| March 31, 2024 | 990 | $2,125,506 | $1,985,379 | $140,127 | $3,174,067 | $865,353 | $2,308,714 |
| March 31, 2023 | 990 | $1,976,806 | $1,937,799 | $39,007 | $3,376,785 | $1,162,800 | $2,213,985 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $2,143,891
- Membership dues
- $884,714
- Program service revenue
- $73,409
- Investment income
- $11,737
- Royalties
- $1,179
- Net income from sales of inventory
- $17,295
- Other revenue
- $18,474
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $563,534
- Other salaries and wages
- $586,847
- Salaries, compensation and benefits (total)
- $1,362,306
- Professional fundraising fees
- $0
- Legal fees
- $388
- Accounting fees
- $57,892
- Occupancy
- $12,460
- Depreciation
- $59,841
- Program services (functional)
- $648,579
- Management and general (functional)
- $1,274,878
- Fundraising (functional)
- $174,804
Balance sheet and other
- Total assets, start of year
- $3,174,067
- Total assets, end of year
- $3,914,504
- Total liabilities, end of year
- $1,523,462
- Net assets, end of year
- $2,391,042
- Land, buildings and equipment
- $3,495
- Gross receipts
- $2,248,114
- Employees
- 0
- Volunteers
- 126
- Year formed
- 1981
- State of legal domicile
- IL
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICK TALBOT | CEO Officer | 40 | $471,616 | $31,291 |
| RICHARD STOKES | COMMUNICATIONS DIRECTOR Highest-paid employee | 40 | $155,906 | $42,622 |
| ALEXANDER ARONSOHN | DIR OF TECHNICAL STANDARDS Highest-paid employee | 40 | $164,208 | $13,463 |
| KUMAR DASGUPTA | DIR OF TECHNICAL STANDARDS Highest-paid employee | 40 | $114,984 | $0 |
| HWEE HUA LIM | ACTING CHAIRMAN/CHAIR Trustee or director, Officer | 7 | $84,564 | $0 |
| MARCELO BARBOSA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARY E BARTH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LINDA DE BEER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ZHANG GENGHUA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAPHETH KATTO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LEIGH MILLER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JACQUES POTDEVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AIKO SEKINE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NARAYAN SESHADRI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RANJIT SINGH | TRUSTEE Trustee or director | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ISEO PASQUALI | TRUSTEE (UNTIL NOV 2024) Trustee or director | 2 | $0 |
990 for the year ended March 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICK TALBOT | CEO Officer | 40 | $415,402 | $10,031 |
| ALEXANDER ARONSOHN | DIR OF TECHNICAL STANDARDS Highest-paid employee | 40 | $151,347 | $12,676 |
| RICHARD STOKES | COMMUNICATIONS DIRECTOR Highest-paid employee | 40 | $128,478 | $12,216 |
| ALISTAIR DARLING | TRUSTEE/CHAIRMAN (UNTIL NOV 2023) Trustee or director, Officer | 7 | $113,959 | $0 |
| KUMAR DASGUPTA | DIR OF TECHNICAL STANDARDS Highest-paid employee | 40 | $107,018 | $0 |
| HWEE HUA LIM | TRUSTEE/ACTING CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MARCELO BARBOSA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARY E BARTH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LINDA DE BEER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAPHETH KATTO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ISEO PASQUALI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JACQUES POTDEVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AIKO SEKINE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NARAYAN SESHADRI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RANJIT SINGH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GENGHUA ZHANG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANA MARIA ELORRIETA | TRUSTEE (UNTIL OCT 2023) Trustee or director | 2 | $0 | $0 |
| JAY E FISHMAN | TRUSTEE (UNTIL OCT 2023) Trustee or director | 2 | $0 | $0 |
990 for the year ended March 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICK TALBOT | CEO Officer | 40 | $360,679 | $29,173 |
| RICHARD STOKES | COMMUNICATIONS DIRECTOR Highest-paid employee | 40 | $127,648 | $31,070 |
| ALEXANDER ARONSOHN | DIR OF TECHNICAL STANDARDS Highest-paid employee | 40 | $145,971 | $9,673 |
| ALISTAIR DARLING | TRUSTEE/CHAIRMAN Trustee or director, Officer | 7 | $116,801 | $0 |
| KUMAR DASGUPTA | DIR OF TECHNICAL STANDARDS Highest-paid employee | 40 | $101,541 | $0 |
| HWEE HUA LIM | TRUSTEE/VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MARCELO BARBOSA | TRUSTEE (AS OF FEB 2023) Trustee or director | 2 | $0 | $0 |
| MARY E BARTH | TRUSTEE (AS OF FEB 2023) Trustee or director | 2 | $0 | $0 |
| LINDA DE BEER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANA MARIA ELORRIETA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAY E FISHMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAPHETH KATTO | TRUSTEE (AS OF FEB 2023) Trustee or director | 2 | $0 | $0 |
| JACQUES POTDEVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ISEO PASQUALI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AIKO SEKINE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NARAYAN SESHADRI | TRUSTEE (AS OF FEB 2023) Trustee or director | 2 | $0 | $0 |
| RANJIT SINGH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GENGHUA ZHANG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KATHLEEN CASEY | TRUSTEE (UNTIL SEPT 2022) Trustee or director | 2 | $0 | $0 |
| ANTON COLELLA | TRUSTEE (UNTIL SEPT 2022) Trustee or director | 2 | $0 | $0 |
| ALAN JOHNSON | TRUSTEE (UNTIL SEPT 2022) Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 W MADISON ST STE 1500, CHICAGO, IL 60606-3515
- In care of
- % ROBERT C LOUTHIAN
- Principal officer (990 for 2024)
- NICK TALBOT, 20 ST DUNSTANS HILL, LONDON, EC3R 8HL, UK
- Signed the 990
- NICK TALBOT, CEO
- Phone
- (312) 335-4100
- Website
- WWW.IVSC.ORG
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
THE MISSION OF IVSC IS TO ESTABLISH AND MAINTAIN EFFECTIVE, HIGH-QUALITY INTERNATIONAL VALUATION STANDARDS, DEVELOP A FRAMEWORK OF GUIDANCE ON BEST PRACTICE FOR VALUATIONS OF THE VARIOUS CLASSES OF ASSETS AND LIABILITIES, AND CONTRIBUTE TO THE DEVELOPMENT OF THE WORLDWIDE VALUATION PROFESSION FOR THE BENEFIT OF THE GENERAL PUBLIC.
Program accomplishments
- CREATING AND ENSURING AN INDEPENDENT AND TRANSPARENT INTERNATIONALVALUATION STANDARDS SETTING PROCESS; DEVELOPING AND MAINTAINING AHIGHLY EFFECTIVE COMPREHENSIVE SET OF HIGH QUALITY INTERNATIONALVALUATION STANDARDS THAT ARE UNDERSTANDABLE, PRACTICAL TOIMPLEMENT AND WHICH PROTECT THE PUBLIC INTEREST; AND IDENTIFYINGWHERE LOCAL OR REGIONAL STANDARDS DIFFER FROM THE INTERNATIONALVALUATION STANDARDS AND WORKING TOWARD GREATER COMPATABILITY ANDHARMONIZATION BETWEEN LOCAL OR REGIONAL REQUIREMENTS AND THEINTERNATIONAL VALUATION STANDARDSExpenses $122,107 · revenue $90,704
- CONTRIBUTING TO THE DEVELOPMENT OF THE GLOBAL VALUATION PROFESSIONAND PROTECTING THE PUBLIC INTEREST BY ENCOURAGING HIGH QUALITYBEST PRACTICES BY THE GLOBAL VALUATION PROFESSIONExpenses $526,472
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1290173
- 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
- 2005
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U03)
- Assets (IRS master file)
- $3,914,504
- Income (IRS master file)
- $2,248,114
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $2,247,511 | $2,098,261 | $3,914,504 | XML |
| 990 | March 2024 | $2,125,506 | $1,985,379 | $3,174,067 | XML |
| 990 | March 2023 | $1,976,806 | $1,937,799 | $3,376,785 | XML |
| 990 | March 2022 | $2,098,608 | $1,606,816 | $2,748,445 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 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 20-1290173).
Questions about INTERNATIONAL VALUATION STANDARDS COMMITTEE
- What is the EIN of INTERNATIONAL VALUATION STANDARDS COMMITTEE?
- The employer identification number (EIN) of INTERNATIONAL VALUATION STANDARDS COMMITTEE is 20-1290173.
- Is INTERNATIONAL VALUATION STANDARDS COMMITTEE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to INTERNATIONAL VALUATION STANDARDS COMMITTEE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INTERNATIONAL VALUATION STANDARDS COMMITTEE 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 INTERNATIONAL VALUATION STANDARDS COMMITTEE due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL VALUATION STANDARDS COMMITTEE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of INTERNATIONAL VALUATION STANDARDS COMMITTEE?
- The 990 for the year ended March 31, 2025 names NICK TALBOT.
- Who are the officers and directors of INTERNATIONAL VALUATION STANDARDS COMMITTEE?
- The 990 for the year ended March 31, 2025 lists 16 people; 5 received compensation from the organization, the highest $471,616 (NICK TALBOT, CEO).
- How much revenue does INTERNATIONAL VALUATION STANDARDS COMMITTEE have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $2,247,511, expenses of $2,098,261 and total assets of $3,914,504 at year end.
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