When is the next return of INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE 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.

Who is the principal officer of INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE?

The 990 for the year ended December 31, 2024 names CAMELIA ILIE.

Who are the officers and directors of INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE?

The 990 for the year ended December 31, 2024 lists 19 people; 3 received compensation from the organization, the highest $261,120 (ENRIQUE BOLANOS, RECTOR).

Nonprofit · EIN 23-7417722

INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE

Tax-exempt · CORAL GABLES, FL 33134

Financials

Revenue Expenses · by fiscal year end

Financials of INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE by year, from its e-filed returns
Year ended	Form	Revenue	Expenses	Net income	Total assets	Liabilities	Net assets
December 31, 2024	990	$34,141,340	$34,796,675	-$655,335	$84,490,477	$22,734,011	$61,756,466
December 31, 2023	990	$35,130,145	$37,815,948	-$2,685,803	$81,466,448	$19,117,091	$62,349,357

Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants: $3,350,628
Program service revenue: $21,724,109
Investment income: $2,724,616
Net income from fundraising events: $1,376,857
Other revenue: $6,341,987

Expenses

Grants and similar amounts paid: $0
Compensation of officers, directors and key employees: $600,970
Other salaries and wages: $15,307,472
Salaries, compensation and benefits (total): $16,504,005
Professional fundraising fees: $0
Legal fees: $219,470
Accounting fees: $579,870
Occupancy: $406,904
Travel: $941,800
Depreciation: $1,411,172
Program services (functional): $16,318,332
Management and general (functional): $18,014,353
Fundraising (functional): $463,990

Balance sheet and other

Total assets, start of year: $81,466,448
Total assets, end of year: $84,490,477
Total liabilities, end of year: $22,734,011
Net assets, end of year: $61,756,466
Land, buildings and equipment: $56,970,650
Publicly traded securities: $21,505,405
Net assets without donor restrictions: $61,756,466
Gross receipts: $34,141,340
Employees: 0
Year formed: 1964
State of legal domicile: FL

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.

Name	Title	Hours / week	Compensation
ENRIQUE BOLANOS	RECTOR Trustee or director, Officer	40	$261,120
CAMELIA ILIE	DEAN Trustee or director, Officer	40	$204,000
MICHELE QUINTANO	DEAN Trustee or director, Officer	40	$135,850
ROBERTO ARTAVIA	PRESIDENT Trustee or director, Officer	5	$0
CAMILO ATALA	DIRECTOR Trustee or director, Officer	3	$0
ERIKA BERNAL	DIRECTOR Trustee or director, Officer	40	$0
BRIZIO BIONDI-MORRA	PRESIDENT-EM Trustee or director, Officer	3	$0
DIEGO HERRERA	DIRECTOR-PAN Trustee or director, Officer	3	$0
WALTER KISSLING JIMENEZ	DIRECTOR-COS Trustee or director, Officer	3	$0
BERNARD KILIAN	DEAN Trustee or director, Officer	40	$0
RAPPACCIOLI LACAYO	DIRECTOR-EME Trustee or director, Officer	3	$0
ANGELO CAPUTI OYAGUE	DIRECTOR-ECU Trustee or director, Officer	3	$0
ALINE FLORES PAVON	DIRECTOR-HON Trustee or director, Officer	3	$0
TANYA AVELLAN PINOARGOTE	DIRECTOR Trustee or director, Officer	3	$0
STEPHAN SCHMIDHEINY	DIRECTOR-SWI Trustee or director, Officer	3	$0

4 more people on this return

Name	Title	Hours / week	Compensation
DANILO SIEKAVIZZA	DIRECTOR-GUA Trustee or director, Officer	3	$0
ALEXANDRA ARAUJO DE SOLA	DIRECTOR-EL Trustee or director, Officer	3	$0
FRANCISCO DE SOLA	DIRECTOR-SWI Trustee or director, Officer	3	$0
JORGE E VALLARINO	DIRECTOR Trustee or director, Officer	3	$0

990 for the year ended December 31, 2023: 22 people

Name	Title	Hours / week	Compensation
ENRIQUE BOLANOS	RECTOR Trustee or director, Officer	40	$256,000
CAMELIA LLIE	DEAN Trustee or director, Officer	40	$200,000
GUILLERMO CARDOZA	PROFESSOR-CO Key employee	40	$182,690
FRANCISCO ALEMAN	DIRECTOR-ECU Trustee or director, Officer	3	$0
XAVIER ARGUELLO	DIRECTOR-HON Trustee or director, Officer	3	$0
ROBERTO ARTAVIA	PRESIDENT Trustee or director, Officer	5	$0
CAMILO ATALA	DIRECTOR-HON Trustee or director, Officer	3	$0
BRIZIO BIONDI-MORRA	PRESIDENT-EM Trustee or director, Officer	3	$0
MARIA EUGENIA BRIZUELA	DIRECTOR-EL Trustee or director, Officer	3	$0
ERNESTO CASTEGNARO	DIRECTOR-COS Trustee or director, Officer	3	$0
CARLOS F PELLAS CHAMORRO	VICE PRESIDE Trustee or director, Officer	3	$0
DIEGO HERRERA	DIRECTOR-PAN Trustee or director, Officer	3	$0
BERNARD KILIAN	DEAN Trustee or director, Officer	40	$0
ALEXANDRA KISSLING	DIRECTOR-COS Trustee or director, Officer	3	$0
DANILO LACAYO	DIRECTOR-NIA Trustee or director, Officer	3	$0
ALEJANDRO POMA	DIRECTOR-EL Trustee or director, Officer	3	$0
MICHELE QUINTANO	DEAN Trustee or director, Officer	40	$0
JUAN BAUTISTA SACASA	DIRECTO-NICA Trustee or director, Officer	3	$0
STEPHAN SCHMIDHEINY	DIRECTOR-SWI Trustee or director, Officer	3	$0
DANILO SIEKAVIZZA	DIRECTOR-GUA Trustee or director, Officer	3	$0
FRANCISCO DE SOLA	DIRECTOR-EL Trustee or director, Officer	3	$0
ERIKA BERNAL	CFO Officer	40	$0

Address and contacts

Address (IRS master file): 2727 PONCE DE LEON BLVD, CORAL GABLES, FL 33134-6004
In care of: % A ORTIZ CPA
Principal officer (990 for 2024): CAMELIA ILIE, APARTADO, SAN JOSE, SAN JOSE, CS
Signed the 990: CAMELIA ILIE, DEAN
Phone: (305) 340-2000
Website: WWW.INCAE.EDU
Return prepared by: E ALEX ORTIZ CPA PA

Mission

INCAE IS PRIMARILY DEDICATED TO MASTER'S LEVEL EDUCATION IN BUSINESS ADMINISTRATION, BUSINESS ECONOMICS, NATURAL RESOURCE MANAGEMENT, FINANCIAL, INDUSTRIAL ENGINEERING, RESEARCH AND CONSULTING.
990 for the year ended December 31, 2024

Program accomplishments

EXECUTIVE DEGREE PROGRAMS APPROXIMATELY 222 NEW STUDENTS AND 222 GRADUATED PER YEAR
Expenses $1,553,534 · revenue $2,316,593
RESIDENTIAL PROGRAMS APPROXIMATELY 180 NEW STUDENTS PER YEAR AND 180 GRADUATED PER YEAR
Expenses $11,455,939 · revenue $14,167,283
EXECUTIVE PROGRAMS APPROXIMATELY 125 SEMINAR PER YEAR
Expenses $3,308,859 · revenue $5,240,233

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 year	Year ended	Due	IRS public records
2025	December 31, 2025	May 15, 2026	Not on file
2024	December 31, 2024	May 15, 2025	990 on file
2023	December 31, 2023	May 15, 2024	990 on file

IRS record

EIN: 23-7417722
Tax-exempt status: 501(c)(3): Charitable, religious, educational or scientific organization
Foundation status: School
Donations deductible: No
Exempt since: 1974
Accounting year ends: December
Files: Form 990 or 990-EZ
Category (NTEE): International, foreign affairs and national security (Q99Z)
Assets (IRS master file): $84,490,477
Income (IRS master file): $34,141,340

Filing history

Form	Year ended	Revenue	Expenses	Assets	Return
990	December 2024	$34,141,340	$34,796,675	$84,490,477	IRS
990	December 2023	$35,130,145	$37,815,948	$81,466,448	XML
990	December 2022	$28,728,343	$34,094,673	$93,764,202	IRS
990	December 2021	–	–	–	IRS
990	December 2020	–	–	–	IRS
990	December 2019	–	–	–	IRS
990	December 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 23-7417722).

Questions about INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE

What is the EIN of INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE?: The employer identification number (EIN) of INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE is 23-7417722.
Is INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE tax-exempt?: Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE tax-deductible?: No. The IRS master file says contributions to it are not deductible.
Which annual return does INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE 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 INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE 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 INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE last file with the IRS?: The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE?: The 990 for the year ended December 31, 2024 names CAMELIA ILIE.
Who are the officers and directors of INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE?: The 990 for the year ended December 31, 2024 lists 19 people; 3 received compensation from the organization, the highest $261,120 (ENRIQUE BOLANOS, RECTOR).
How much revenue does INSTITUTO CENTRO AMERICANO DE ADMINISTRACION DE EMPRESAS INCAE have?: On its 990 for the year ended December 31, 2024 it reported revenue of $34,141,340, expenses of $34,796,675 and total assets of $84,490,477 at year end.

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