Instituto Centro Americano de Administracion de Empresas Incae
2727 Ponce de Leon Blvd, Coral Gables, FL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $34,141,340 | $34,796,675 | $61,756,466 |
| FY2023 | $35,130,145 | $37,815,948 | $62,349,357 |
| FY2022 | $28,728,343 | $34,094,673 | $75,508,785 |
| FY2021 | $28,911,734 | $28,094,096 | $80,893,329 |
| FY2020 | $28,675,440 | $28,227,256 | $79,988,242 |
| FY2019 | $35,534,119 | $34,236,975 | $78,264,770 |
| FY2018 | $33,941,514 | $34,836,495 | $76,283,769 |
| FY2017 | $33,681,672 | $32,461,026 | $70,260,498 |
| FY2016 | $31,147,464 | $29,650,560 | $70,706,379 |
| FY2015 | $30,473,684 | $29,761,826 | $68,810,828 |
| FY2014 | $27,468,746 | $27,173,492 | $64,515,823 |
| FY2013 | $25,426,574 | $24,931,407 | $61,738,347 |
| FY2012 | $21,865,205 | $22,656,065 | $19,191,551 |
| FY2011 | $20,427,010 | $22,384,651 | $17,788,996 |
Form 990 filings
The returns filed by Instituto Centro Americano de Administracion de Empresas Incae (EIN 23-7417722), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,350,628 | 10% |
| Program service revenue | $21,724,109 | 64% |
| Other revenue | $9,066,603 | 27% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $16,318,332 | 47% |
| Management & general | $18,014,353 | 52% |
| Fundraising | $463,990 | 1% |
What the numbers show
- Program service revenue made up 64% of total revenue in FY2024.
- Program services accounted for 47% of functional expenses, management & general 52%, and fundraising 1%.
- 47% of functional expenses went to program services in FY2024. That is higher than 1.6% of 373 International, Foreign Affairs & National Security organizations nationwide (too few in FL for a state comparison).
- Net assets covered about 21.3 months of expenses at the end of the reporting year. That puts it in the 76th percentile among 522 International, Foreign Affairs & National Security organizations in FL.
- Total revenue was higher than 98.9% of 541 International, Foreign Affairs & National Security organizations in FL.
- Total revenue rose from $20,427,010 in FY2011 to $34,141,340 in FY2024. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2011, FY2012, FY2018, FY2022, FY2023, FY2024).
- The highest revenue on record here is $35,534,119 in FY2019.
- Net assets grew from $17,788,996 to $61,756,466 between FY2011 and FY2024.
- Contributions and grants made up 0% of revenue in FY2011 and 10% in FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
INCAE IS PRIMARILY DEDICATED TO MASTER'S LEVEL EDUCATION IN BUSINESS ADMINISTRATION, BUSINESS ECONOMICS, NATURAL RESOURCES MANAGEMENT, FINANCIAL, MARKETING, INDUSTRIAL ENGINEERING, RESEARCH AND CONSULTING.
IRS status
| Ruling year | 1974 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | Q99Z — International, Foreign Affairs & National Security |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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