THE BUSINESS COUNCIL INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

MARLENE COLUCCI

Phone

2022987650

Tax Period

2023-01-01 to 2023-12-31

THE BUSINESS COUNCIL INC, founded in 1961, is a community nonprofit that reported $7.0M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.9M, a strong 41% operating margin.

Mission

THE BUSINESS COUNCIL IS A GLOBAL CEO DRIVEN ORGANIZATION WHOSE PRIMARY PURPOSE IS TO FOSTER GREATER UNDERSTANDING OF THE MAJOR OPPORTUNITIES AND CHALLENGES FACING BUSINESS, TO SHARE BEST PRACTICES AND TO DEVELOP SOLUTIONS THROUGH DISCUSSION AMONG OUR MEMBERS. MEMBERSHIP IS COMPRISED OF THE CEO'S OF THE WORLD'S LARGEST MULTINATIONAL CORPORATIONS ACROSS ALL INDUSTRY SECTORS.

Program Service Accomplishments

Program 1

MEMBERS GATHER IN PERSON AND BY VIDEO SEVERAL TIMES EACH YEAR TO SHARE BEST PRACTICES, NETWORK AND ENGAGE IN INTELLECTUALLY PROVOCATIVE, ENLIGHTENING DISCUSSIONS WITH PEERS AND THOUGHT-LEADERS IN...

MEMBERS GATHER IN PERSON AND BY VIDEO SEVERAL TIMES EACH YEAR TO SHARE BEST PRACTICES, NETWORK AND ENGAGE IN INTELLECTUALLY PROVOCATIVE, ENLIGHTENING DISCUSSIONS WITH PEERS AND THOUGHT-LEADERS IN BUSINESS, GOVERNMENT, ACADEMIA, SCIENCE, TECHNOLOGY AND OTHER DISCIPLINES. BUSINESS COUNCIL MEMBERSHIP IS BY INVITATION ONLY AND IS CAPPED AT 250 ACTIVE CEO'S. ALL DISCUSSIONS ARE OFF THE RECORD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,392,434

Investment Income $565,475

Other Revenue $0

TOTAL REVENUE $6,957,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,094,007

Fundraising Expenses $0

Other Expenses $2,981,393

TOTAL EXPENSES $4,075,400

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,957,909	$6,359,765	+0.1%
Expenses	$4,075,400	$4,159,269	0.0%
Net Income	$2,882,509	$2,200,496	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$615,377

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAIL K BOUDREAUX	CHAIR	1.00	Officer Director	$0	$0	$0
CORIE BARRY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BRIAN CORNELL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LISA SU	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CAROL TOME	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SATYA NADELLA	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
JEFFERY P BEZOS	MEMBER	1.00	Director	$0	$0	$0
THASUNDA BROWM DUCKETT	MEMBER	1.00	Director	$0	$0	$0
THOMAS BUBERL	MEMBER	1.00	Director	$0	$0	$0
MARY DILLON	MEMBER	1.00	Director	$0	$0	$0
JOHN DONAHOE II	MEMBER	1.00	Director	$0	$0	$0
EGON DURBAN	MEMBER	1.00	Director	$0	$0	$0
ROGER W FERGUSON JR	MEMBER	1.00	Director	$0	$0	$0
JAMES FITTERLING	MEMBER	1.00	Director	$0	$0	$0
ADENA FRIEDNAM	MEMBER	1.00	Director	$0	$0	$0
HENRY R KRAVIS	MEMBER	1.00	Director	$0	$0	$0
DAVID W MACLENNAN	MEMBER	1.00	Director	$0	$0	$0
SHANTANU NARAYEN	MEMBER	1.00	Director	$0	$0	$0
DAVID M SOLOMON	MEMBER	1.00	Director	$0	$0	$0
EMMA N WALMSLEY	MEMBER	1.00	Director	$0	$0	$0
KATHY J WARDEN	MEMBER	1.00	Director	$0	$0	$0
MICHAEL K WIRTH	MEMBER	1.00	Director	$0	$0	$0
MARLENE COLUCCI	CHIEF EXECUTIVE OFFICER	40.00	Key Emp	$503,951	$111,426	$615,377
ADRIENNE BALL	DIRECTOR OF MEMBERSHIP	40.00	Highest	$163,443	$40,045	$203,488
GILLIAN AUGER	DIRECTOR OF MEETINGS	40.00	Highest	$140,000	$28,042	$168,042

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$6,957,909	$4,075,400	$21,086,322	$2,882,509
2022	$6,359,765	$4,159,269	$17,841,800	$2,200,496
2021	$5,445,513	$1,760,540	$16,313,197	$3,684,973
2020	$5,000,529	$2,089,117	$12,715,630	$2,911,412
2019	$4,848,874	$3,097,008	$9,804,218	$1,751,866