LAWSCHOOL ADMISSIONS COUNCIL INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LAWSCHOOL ADMISSIONS COUNCIL INC (EIN 13-2998164)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-11
IRS object ID
202411029349301311
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-11T14:42:54-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132781641PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MITCHELL & TITUS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 PINE STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN132998164EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAW SCHOOL ADMISSION COUNCILBusinessNameLine1Txt
Business Name Line2C/O KELLYE TESTYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLAWSBusinessNameControlTxt
Phone2159681298PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1662 PENN STREETAddressLine1Txt
CityNEWTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18940ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKELLYE TESTYPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2159681298PhoneNum
Signature2024-04-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKELLYEPersonFirstNm
Person LastTESTYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK E DAVIS JRPreparerPersonNm
PTINP00446023PTIN
Phone2127094500PhoneNum
Preparation2024-04-11PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANA TAVARESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1662 PENN STREETAddressLine1Txt
CityNEWTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18940ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$97,752,211GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LSAC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1979FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionLSAC IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO ADVANCE LAW AND JUSTICE BY PROMOTING ACCESS, EQUITY, AND FAIRNESS IN LAW SCHOOL ADMISSION AND SUPPORTING THE LEARNING JOURNEY FROM PRELAW THROUGH PRACTICE. LSAC PROVIDES PRODUCTS AND SERVICES THAT SUPPORT CANDIDATES AND SCHOOLS THROUGHOUT THE LAW SCHOOL ADMISSION PROCESS, AND INNOVATIVE SOLUTIONS TO EXPAND AND DIVERSIFY THE RANGE OF PRELAW STUDENTS, ENHANCE STUDENT OUTCOMES IN LAW SCHOOL, AND SUPPORT LEGAL PROFESSIONALS THROUGHOUT THEIR CAREERS.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee435TotalEmployeeCnt
Total Volunteers21TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$89,930NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$199,000PYContributionsGrantsAmt
CY Contributions Grants$1,628CYContributionsGrantsAmt
PY Program Service Revenue$74,774,383PYProgramServiceRevenueAmt
CY Program Service Revenue$86,444,255CYProgramServiceRevenueAmt
PY Investment Income$5,800,939PYInvestmentIncomeAmt
CY Investment Income$9,337,552CYInvestmentIncomeAmt
PY Other Revenue$10,849,989PYOtherRevenueAmt
CY Other Revenue$1,794,248CYOtherRevenueAmt
PY Total Revenue$91,624,311PYTotalRevenueAmt
CY Total Revenue$97,577,683CYTotalRevenueAmt
PY Grants And Similar Paid$1,164,656PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,858,857CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$49,597,564PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$54,545,071CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$49,807,098PYOtherExpensesAmt
CY Other Expenses$57,653,482CYOtherExpensesAmt
PY Total Expenses$100,569,318PYTotalExpensesAmt
CY Total Expenses$114,057,410CYTotalExpensesAmt
PY Revenues Less Expenses-$8,945,007PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$16,479,727CYRevenuesLessExpensesAmt
Total Assets BOY$279,160,509TotalAssetsBOYAmt
Total Assets EOY$276,647,279TotalAssetsEOYAmt
Total Liabilities BOY$33,969,445TotalLiabilitiesBOYAmt
Total Liabilities EOY$38,311,755TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$245,191,064NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$238,335,524NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLSAC IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO ADVANCE LAW AND JUSTICE BY PROMOTING ACCESS, EQUITY, AND FAIRNESS IN LAW SCHOOL ADMISSION AND SUPPORTING THE LEARNING JOURNEY FROM PRELAW THROUGH PRACTICE. LSAC PROVIDES PRODUCTS AND SERVICES THAT SUPPORT CANDIDATES AND SCHOOLS THROUGHOUT THE LAW SCHOOL ADMISSION PROCESS, AND INNOVATIVE SOLUTIONS TO EXPAND AND DIVERSIFY THE RANGE OF PRELAW STUDENTS, ENHANCE STUDENT OUTCOMES IN LAW SCHOOL, AND SUPPORT LEGAL PROFESSIONALS THROUGHOUT THEIR CAREERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$58,496,075ExpenseAmt
Grant$115,762GrantAmt
Revenue$73,990,394RevenueAmt
DescADMINISTERED LAW SCHOOL ADMISSION TESTS (LSAT). PROVIDED THE LAW SCHOOL CREDENTIAL ASSEMBLY SERVICE (CAS) FOR CANDIDATES. PREPARED AND SENT REPORTS TO LAW SCHOOLS ON BEHALF OF CANDIDATES, CONDUCTED EDUCATIONAL RESEARCH FOR THE LEGAL COMMUNITY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$5,039,349ExpenseAmt
Revenue$694,450RevenueAmt
DescHELD IN-PERSON AND DIGITAL NATIONAL LAW SCHOOL FORUMS TO ACQUAINT STUDENTS WITH THEIR LEGAL EDUCATION ALTERNATIVES. HELD VARIOUS TRAINING AND EDUCATION PROGRAMS FOR MEMBER LAW SCHOOL ADMISSION PROFESSIONALS. LAW SCHOOL TRANSPARENCY (LST) HELPS PRELAW STUDENTS MAKE STRATEGIC CHOICES ABOUT WHERE TO ATTEND LAW SCHOOL. THERE WERE MANY NEW SUBSCRIBERS AND ENROLLMENTS. LEARN SKILLS THAT WILL HELP YOU SUCCEED FROM EXPERTS ACROSS THE PROFESSION VIA THE MODERN LAW PRACTICE (MLP).Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$8,433,335ExpenseAmt
Grant$1,537,113GrantAmt
Revenue$60,083RevenueAmt
DescCONDUCTED PROGRAM AND RESEARCH IN ADVANCEMENT OF UNDERREPRESENTED INDIVIDUALS IN LEGAL EDUCATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$40,717,431ExpenseAmt
Revenue$13,055,778RevenueAmt
DescDEVELOPED AND MAINTAINED LAW SCHOOL ADMISSIONS LSAC SOFTWARE FOR LAW SCHOOLS. PROVIDED ONLINE TEST PREP TO NEW SUBSCRIBERS THROUGH LAWHUB.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$40,717,431TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$13,055,778TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$112,686,190TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document197IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee435EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryINForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANA TAVARESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2159681298PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1662 PENN STREETAddressLine1Txt
CityNEWTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18940ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
KELLYE Y TESTY
PRESIDENT AND CEO37.50Yes (X)Yes (X)$802,747$0$28,165
ELENA MARIA MARTY-NELSON
ASSESSMENTS COMMITTEE CHAIR1.50Yes (X)$0$0$0
ELIZABETH KRONK WARNER
CHAIR, AUDIT; CHAIR, EXECUTIVE COMPENSATION1.50Yes (X)$0$0$0
JANNELL LUDY ROBERTS
CHAIR, EMERGING MARKETS AND INNOVATION1.50Yes (X)$0$0$0
JUSTIN CRUZ
APPOINTEE-AT-LARGE1.50Yes (X)$0$0$0
ROBERT SCHWARTZ
CHAIR, SCHOOLS AND CANDIDATES1.50Yes (X)$0$0$0
SHANI BUTTS
CHAIR, DIVERSITY, EQUITY AND INCLUSION1.50Yes (X)$0$0$0
SONDRA TENNESSEE
APPOINTEE-AT-LARGE1.50Yes (X)$0$0$0
TAMARA LAWSON
CHAIR, FINANCE AND BUDGET1.50Yes (X)$0$0$0
MARCILYNN BURKE
BOARD CHAIR (JUNE 2023); CHAIR, GOVERNANCE AND TRU1.50Yes (X)$0$0$0
ANGELA ONWUACHI-WILLIG
TRUSTEE1.50Yes (X)$0$0$0
ANN PERRY
TRUSTEE1.50Yes (X)$0$0$0
CHRISTINA GAPASIN TORTAL
TRUSTEE1.50Yes (X)$0$0$0
SARAH C ZEARFOSS
TRUSTEE1.50Yes (X)$0$0$0
JOHN VALERY WHITE
TRUSTEE1.50Yes (X)$0$0$0
MEGAN CARPENTER
TRUSTEE1.50Yes (X)$0$0$0
MONICA INGRAM
TRUSTEE1.50Yes (X)$0$0$0
MYA RIMON
TRUSTEE1.50Yes (X)$0$0$0
PATRICIA ROBERTS
TRUSTEE1.50Yes (X)$0$0$0
REBECCA SCHELLER
TRUSTEE1.50Yes (X)$0$0$0
REYNALDO VELENCIA
TRUSTEE1.50Yes (X)$0$0$0
ANA TAVARES
CHIEF FINANCIAL OFFICER37.50Yes (X)$499,974$0$42,662
SUSAN KRINSKY
CHIEF OPERATIONS OFFICER AND CHIEF OF STAFF37.50$479,313$0$37,615Yes (X)
ANNMARIE LEVINS
CHIEF STRATEGY OFFICER37.50$466,195$0$56,063Yes (X)
AMY BETH DAMBECK
GENERAL COUNSEL AND CORPORATE SECRETARY37.50$341,243$0$29,150Yes (X)
TROY LOWRY
CHIEF INFORMATION OFFICER37.50$398,740$0$42,915Yes (X)
VIVIAN BOWDEN
SENIOR VICE PRESIDENT SCHOOLS AND INSTITUTIONS37.50$377,957$0$37,730Yes (X)
LEANNE M SHANK
GENERAL COUNSEL (OUTGOING)37.50$390,071$0$39,681Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,756,240TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$313,981TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K8IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PROCTORU INC
3687 OLD SANTA RITA RD SUITE 202PLEASANTONCA94588REMOTE TEST PROCTORING SERVICES$7,209,971
STRUCTURE TONE LLC
1500 WALNUT STREET STE 1410PHILADELPHIAPA19102BUILDING RENOVATIONS$1,424,471
ACS LEARNING INC
400 WOODCREST RDWAYNEPA19087CONSULTING SERVICES$1,334,336
ACCION LABS US INC
1225 WASHINGTON PIKE 401BRIDGEVILLEPA15017CONSULTING SERVICES$1,317,769
CAPGEMINI AMERICA INC
79 FIFTH AVENUENEW YORKNY10003CONSULTING SERVICES-UNITE$1,261,028
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,628AllOtherContributionsAmt
Total Contributions$1,628TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSION FEES: LSAT611710$42,784,565$42,784,565
ADMISSION FEES: CAS611710$30,003,215$30,003,215
LAWHUB611710$9,542,956$9,542,956
FOREIGN LLM611710$2,174,271$2,174,271
DATA SERVICE FEES611710$1,244,798$1,244,798

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$694,450TotalRevenueColumnAmt
Related Or Exempt Func Income$694,450RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$86,444,255TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,133,500TotalRevenueColumnAmt
Related Or Exempt Func Income$2,133,500RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$7,204,052SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$7,204,052SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,204,052TotalRevenueColumnAmt
Related Or Exempt Func Income$7,204,052RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$611,339GrossSalesOfInventoryAmt
Cost Of Goods Sold$174,528CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$436,811TotalRevenueColumnAmt
Related Or Exempt Func Income$436,811RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LICENSING FEE611710$562,153$562,153
OTHER OPERATING INCOME611710$460,887$460,887
OTHER INCOME611710$334,397$334,397
FieldValueIRS element (for citing)
Other Revenue Total$1,357,437OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$97,577,683TotalRevenueColumnAmt
Related Or Exempt Func Income$97,576,055RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,858,857TotalAmt
Program Services$1,858,857ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$41,748,940TotalAmt
Program Services$41,748,940ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,797,764TotalAmt
Program Services$2,797,764ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$7,082,869TotalAmt
Program Services$7,082,869ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,915,498TotalAmt
Program Services$2,915,498ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$756,869TotalAmt
Management And General$756,869ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$98,046TotalAmt
Management And General$98,046ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$516,305TotalAmt
Management And General$516,305ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$10,104,314TotalAmt
Program Services$10,104,314ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$196,252TotalAmt
Program Services$196,252ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,919,168TotalAmt
Program Services$3,919,168ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,265,714TotalAmt
Program Services$6,265,714ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$588,281TotalAmt
Program Services$588,281ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,977,900TotalAmt
Program Services$3,977,900ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$368,796TotalAmt
Program Services$368,796ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,194TotalAmt
Program Services$1,194ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,855,749TotalAmt
Program Services$5,855,749ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$663,518TotalAmt
Program Services$663,518ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
TEST ADMINISTRATION$9,377,652$9,377,652
FEE WAIVER$9,044,334$9,044,334
SALES TAX AND OTHER TAX$4,031,869$4,031,869
REPAIRS AND MAINTENANCE$1,495,632$1,495,632

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$391,889TotalAmt
Program Services$391,889ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$114,057,410TotalAmt
Program Services$112,686,190ProgramServicesAmt
Management And General$1,371,220ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,767,860BOYAmt
EOY$4,948,240EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$17,727,846BOYAmt
EOY$11,738,479EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,284,202BOYAmt
EOY$2,372,525EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$166,460BOYAmt
EOY$202,501EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,135,687BOYAmt
EOY$3,374,960EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$44,847,867LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$35,376,721LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,911,135BOYAmt
EOY$9,471,146EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$21,380,400BOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$197,110,750BOYAmt
EOY$217,431,828EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$23,216,288BOYAmt
EOY$26,881,254EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$459,881BOYAmt
EOY$226,346EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$279,160,509BOYAmt
EOY$276,647,279EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,974,877BOYAmt
EOY$11,788,218EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$14,967,443BOYAmt
EOY$15,449,494EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$47,015BOYAmt
EOY$23,451EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,980,110BOYAmt
EOY$11,050,592EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$33,969,445BOYAmt
EOY$38,311,755EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$245,191,064BOYAmt
EOY$238,335,524EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$245,191,064BOYAmt
EOY$238,335,524EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$279,160,509BOYAmt
EOY$276,647,279EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$16,479,727ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$8,705,228NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$918,959OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$5,393,900CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$199,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,628CurrentTaxYearAmt
Total$5,594,528TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$69,817,820CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$68,654,515CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$94,923,067CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$84,615,974CurrentTaxYearMinus1YearAmt
Current Tax Year$86,168,644CurrentTaxYearAmt
Total$404,180,020TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$69,817,820CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$68,654,515CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$100,316,967CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$84,814,974CurrentTaxYearMinus1YearAmt
Current Tax Year$86,170,272CurrentTaxYearAmt
Total$409,774,548TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$409,774,548PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,218,357CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$721,950CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$997,870CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$698,560CurrentTaxYearMinus1YearAmt
Current Tax Year$2,133,501CurrentTaxYearAmt
Total$5,770,238TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,218,357CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$721,950CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$997,870CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$698,560CurrentTaxYearMinus1YearAmt
Current Tax Year$2,133,501CurrentTaxYearAmt
Total$5,770,238TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$36,559CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$36,559TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,884,482CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,912,845CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,139,296CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,234,834CurrentTaxYearMinus1YearAmt
Current Tax Year$562,153CurrentTaxYearAmt
Total$14,733,610TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$76,920,659CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$74,289,310CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$103,454,133CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$86,784,927CurrentTaxYearMinus1YearAmt
Current Tax Year$88,865,926CurrentTaxYearAmt
Total$430,314,955TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.95230PublicSupportCY509Pct
Public Support PY5090.94070PublicSupportPY509Pct
Investment Income CY0.01340InvestmentIncomeCYPct
Investment Income PY0.01160InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:LICENSING FEE - 2018 AMOUNT: $ 4,991,807. 2019 AMOUNT: $ 3,822,270. 2020 AMOUNT: $ 530,979. 2021 AMOUNT: $ 616,282. 2022 AMOUNT: $ 562,153. APPLICATION PROCESSING FEES - 2018 AMOUNT: $ 892,675. 2019 AMOUNT: $ 1,090,575. 2020 AMOUNT: $ 1,608,317. 2021 AMOUNT: $ 618,552. 2022 AMOUNT: $ 0.
SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME:FY18, 19, 20, 21 THE APPLICATION FEES WERE RECORDED TO ACCOUNT 3651 OTHER OPERATING INCOME STARTING IN FY22 THEY ARE BEING RECORDED TO ACCOUNT 3503 OTHER DATA SERVICE FEES, APPLICATION PROCESSING FEES LISTED ON THIS SCHEDULE IS 0.

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,350,924OtherCostOrOtherBasisAmt
Depreciation$12,673,030DepreciationAmt
Book Value$7,677,894BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$24,496,943OtherCostOrOtherBasisAmt
Depreciation$22,703,691DepreciationAmt
Book Value$1,793,252BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,471,146TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
NUMERIC INVESTOR/US EQUITY$45,597,564F
INTERNATIONAL COREFUND/INTERNATIONAL EQUITY$171,834,264F
FieldValueIRS element (for citing)
Total Book Value Securities$217,431,828TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
ACCRUED POSTRETIREMENT BENEFIT$11,050,589
DEPOSITS IN TRANSIT$1
DUE TO / DUE FROM RELATED PARTIES$2
FieldValueIRS element (for citing)
Total Liability$11,050,592TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST OR PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME-TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2023 AND 2022.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtOfficesOfficesCnt
EAST ASIA AND THE PACIFICPROGRAM SERVICESADMINISTER TEST$33,539
EUROPE (INCLUDING ICELAND & GREENLAND)PROGRAM SERVICESADMINISTER TEST$185,435
NORTH AMERICAPROGRAM SERVICESADMINISTER TEST$234,788
SOUTH ASIAPROGRAM SERVICESADMINISTER TEST$451,9491
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$905,711SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$905,711TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
SCHEDULE F, PART 1, LINE 2ALL GRANTS INCLUDING BUT NOT LIMITED TO DEI PATHWAY GRANTS FOR MORE THAN $2,500 ARE REVIEWED BY THE FUNCTIONAL AREA LEADERSHIP. THE INTERNAL COMMITTEE REVIEWS AND DISCUSSES THE GRANT REQUEST AND MAKES FUNDING DETERMINATIONS. FOR ALL GRANTS EXCEEDING $10,000, INTERNAL LSAC STAFF BUDGET COMMITTEE APPROVAL IS REQUIRED PRIOR TO SIGNING A CONTRACT. CORPORATE LEVEL GRANT OPPORTUNITIES ARE REVIEWED BY SENIOR LEADERSHIP AND REVIEWED BY THE LSAC BOARD OF TRUSTEES ON A CASE-BY-CASE BASIS. UPON APPROVAL, A CONTRACT IS DRAWN UP WHICH STATES THE TERMS AND CONDITIONS OF THE GRANT, INCLUDED DELIVERABLES AND PAYMENT SCHEDULES. THE ACTUAL PAYMENTS ARE MADE BASED UPON THE GRANTEE MEETING THE STATED TERMS OF THE CONTRACT. AN INDIVIDUAL AT LSAC IS DESIGNATED TO FOLLOW UP TO ENSURE THAT THE TERMS OF EACH GRANT ARE MET.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (22 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
THE UNIVERSITY OF MEMPHIS
101 WILDER TOWERMEMPHISTN38152626048540501(3)$81,554$0PLUS 2022 AND 2023
STREET LAW
1010 WAYNE AVENUE SUITE 860SILVER SPRINGMD20910522015256501(3)$20,000$0PIPELINE GRANT
ANTIRACIST DEVELOPMENT INSTITUTE
150 SOUTH COLLEGE STREETCARLISLEPA17013363986900501(3)$125,000$0DEI GRANT
SEATTLE UNIVERSITY
1301 2ND AVESEATTLEWA98122910565006501(3)$103,971$0PLUS 2022 AND 2023
NORTH CAROLINA CENTRAL UNIVERSITY
1801 FAYETTEVILLE STDURHAMNC27707582034971501(3)$38,644$0PLUS 2022 AND 2023
THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND
1430 TULANE AVE BOX 8509NEW ORLEANSLA70112726034234501(3)$89,177$0PLUS 2022 AND 2023
UNIVERSITY OF PUERTO RICO
14 AVE UNIVERSIDAD STE 1401SAN JUANPR00925660277132501(3)$94,125$0PLUS 2022 AND 2023
UNIVERSITY OF OREGON
1585 E 13TH AVEEUGENEOR97403464727800501(3)$57,213$0PLUS 2022 AND 2023
BOSTON UNIVERSITY
233 BAY STATE ROADBOSTONMA02215043218267501(3)$114,000$0PLUS 2022 AND 2023
AMERICAN INDIAN LAW CENTER
PO BOX 4456ALBUQUERQUENM87196850250024501(3)$32,052$0PIPELINE GRANT
NATIONAL CENTER FOR CIVIC INNOVATION - EA MILE
121 AVENUE OF THE AMERICAS 6TH FLNEW YORKNY10013020590588501(3)$733,692$0EQUITY ACCELERATOR
THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLNOIS
1901 S FIRST ST STE ACHAMPAIGNIL61820376000511501(3)$6,201$0PIPELINE GRANT
L AND S FOUNDATION
9208 NE HIGHWAY 99 STE 107-13VANCOUVERWA98665920636936501(3)$7,000$0PIPELINE GRANT
MONTCLAIR STATE UNIVERSITY
1 NORMAL AVEMONTCLAIRNJ07043222912682501(3)$7,000$0PIPELINE GRANT
UCLA
BOX 957089 112 MURPHY HALL 405LOS ANGELESCA90095954044252501(3)$11,142$0RESEARCHHILGARD AVE
WASHBURN UNIVERSITY
1700 SW COLLEGE AVE ROOM 200 GTOPEKAKS66621486030115501(3)$6,500$0MINK LAWFAIR 2022 AND 2023
NORFOLK STATE UNIVERSITY FOUNDATION INC
700 PARK AVE HBW 410NORFOLKVA23504237235954501(3)$16,360$0NYC FORUM
FAYETTEVILLE STATE UNIVERSITY
1200 MURCHSISON RDFAYETTEVILLENC28391561238736501(3)$10,318$0NYC FORUM
TUSKEGEE UNIVERSITY
PO BOX 1304TUSKEGEE INSTITUTEAL36087630288878501(3)$9,697$0ATLANTA FORUM
DILLARD UNIVERSITY
2601 GENTILLY BLVDNEW ORLEANSLA70122720408929501(3)$6,164$0ATLANTA FORUM
REUBEN V ANDERSON CENTER FOR JUSTICE
5000 W COUNTY LINE RDTOUGALOOMS39174843206571501(3)$12,386$0ATLANTA FORUM
XAVIER UNIVERSITY
1 DREXEL DRIVENEW ORLEANSLA70125720635884501(3)$6,882$0HOUSTON FORUM

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtCash GrantCashGrantAmtRecipientRecipientCnt
TRAVEL SUBSIDY$30,000
TRAVEL SUBSIDY - ATLANTA FORUM$6,5641
TRAVEL SUBSIDY - HOUSTON FORUM$8,1921

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL GRANTS INCLUDING BUT NOT LIMITED TO DEI PATHWAY GRANTS FOR MORE THAN $2,500 ARE REVIEWED BY THE FUNCTIONAL AREA LEADERSHIP. THE INTERNAL COMMITTEE REVIEWS AND DISCUSSES THE GRANT REQUEST AND MAKES FUNDING DETERMINATIONS. FOR ALL GRANTS EXCEEDING $10,000, INTERNAL LSAC STAFF BUDGET COMMITTEE APPROVAL IS REQUIRED PRIOR TO SIGNING A CONTRACT. CORPORATE LEVEL GRANT OPPORTUNITIES ARE REVIEWED BY SENIOR LEADERSHIP AND REVIEWED BY THE LSAC BOARD OF TRUSTEES ON A CASE-BY-CASE BASIS. UPON APPROVAL, A CONTRACT IS DRAWN UP WHICH STATES THE TERMS AND CONDITIONS OF THE GRANT, INCLUDED DELIVERABLES AND PAYMENT SCHEDULES. THE ACTUAL PAYMENTS ARE MADE BASED UPON THE GRANTEE MEETING THE STATED TERMS OF THE CONTRACT. AN INDIVIDUAL AT LSAC IS DESIGNATED TO FOLLOW UP TO ENSURE THAT THE TERMS OF EACH GRANT ARE MET.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KELLYE Y TESTY
PRESIDENT AND CEO$777,747$0$25,000$0$0$0$23,638$0$4,527$0$830,912$0$0$0
ANA TAVARES
CHIEF FINANCIAL OFFICER$474,974$0$25,000$0$0$0$22,494$0$20,168$0$542,636$0$0$0
ANNMARIE LEVINS
CHIEF STRATEGY OFFICER$451,195$0$15,000$0$0$0$22,494$0$33,569$0$522,258$0$0$0
SUSAN KRINSKY
CHIEF OPERATIONS OFFICER AND CHIEF O$479,313$0$0$0$0$0$22,494$0$15,121$0$516,928$0$0$0
TROY LOWRY
CHIEF INFORMATION OFFICER$387,740$0$11,000$0$0$0$22,081$0$20,834$0$441,655$0$0$0
LEANNE M SHANK
GENERAL COUNSEL (OUTGOING)$390,071$0$0$0$0$0$22,494$0$17,187$0$429,752$0$0$0
VIVIAN BOWDEN
SENIOR VICE PRESIDENT SCHOOLS AND IN$367,457$0$10,500$0$0$0$23,433$0$14,297$0$415,687$0$0$0
AMY BETH DAMBECK
GENERAL COUNSEL AND CORPORATE SECRET$341,243$0$0$0$0$0$22,021$0$7,129$0$370,393$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationTHE BOARD APPROVES COMPENSATION, INCLUDING BONUS FOR THE PRESIDENT AND CEO. ALL OTHER BONUSES ARE DETERMINED BY THE CEO.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
DANIELLE HOLLEY
BOARD MEMBER$5,000HONORARIUM/STIPEND OFFERED TO ALL ADVISORY COMMITTEE MEMBERS FOR SERVICE ON THE LAWREADY ADVISORY COMMITTEE0
DAVID KIRSCHNER
BOARD MEMBER$5,000HONORARIUM/STIPEND OFFERED TO ALL ADVISORY COMMITTEE MEMBERS FOR SERVICE ON THE LAWREADY ADVISORY COMMITTEE0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6A SCHOOL OF LAW IS ELIGIBLE FOR MEMBERSHIP IN THE LAW SCHOOL ADMISSION COUNCIL (LSAC) IF IT REQUIRES THAT SUBSTANTIALLY ALL OF ITS APPLICANTS FOR ADMISSION TAKE THE LSAT, AND IS A LAW SCHOOL APPROVED BY THE AMERICAN BAR ASSOCIATION (ABA) OR A MEMBER OF THE ASSOCIATION OF AMERICAN LAW SCHOOLS (AALS), OR IT IS A CANADIAN LAW SCHOOL THAT GRANTS DEGREES THAT ARE RECOGNIZED BY A PROVINCIAL OR TERRITORIAL LAW SOCIETY OR GOVERNMENT AGENCY AS AN APPROVED ACADEMIC CREDENTIAL FOR PERSONS SEEKING ADMISSION TO THE BAR IN ONE OF THE PROVINCES OR TERRITORIES OF CANADA. THE BOARD OF TRUSTEES OF THE COUNCIL MAY AT ITS DISCRETION AND FOLLOWING A PERIOD FOR NOTICE AND COMMENT AMONG THE CURRENT MEMBERS, ADMIT INTO MEMBERSHIP A LAW SCHOOL OUTSIDE OF THE UNITED STATES AND CANADA IF IT REQUIRES THAT SUBSTANTIALLY ALL OF ITS APPLICANTS FOR ADMISSION TAKE THE LSAT, AND IS ACCREDITED BY A GOVERNMENTALLY RECOGNIZED, NATIONAL ACCREDITING AUTHORITY OR ITS DEGREES MEET THE LEGAL EDUCATION REQUIREMENT FOR BAR MEMBERSHIP THROUGHOUT ITS HOME COUNTRY. THERE ARE CURRENTLY 197 US MEMBER LAW SCHOOLS, AND 18 CANADIAN MEMBER LAW SCHOOLS.
FORM 990, PART VI, SECTION A, LINE 7AEACH MEMBER LAW SCHOOL HAS ONE VOTE. THE MEMBERS ELECT THE CHAIR OF THE BOARD OF TRUSTEES EVERY OTHER YEAR.
FORM 990, PART VI, SECTION A, LINE 7BA MEMBER LAW SCHOOL CAN PROPOSE AN AMENDMENT TO THE BYLAWS AND UPON APPROVAL OF A MAJORITY OF THE MEMBERS THE BYLAWS CAN BE AMENDED.
FORM 990, PART VI, SECTION B, LINE 11BLSAC'S FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT AUDITORS. AFTER MANAGEMENT REVIEW, A COPY OF THE FORM IS PROVIDED TO BOTH THE LSAC AUDIT COMMITTE AND THE BOARD OF TRUSTEES, PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS LSAC BOARD OF TRUSTEES MEMBERS, COMMITTEE MEMBERS AND VOLUNTEERS ARE PROVIDED A COPY OF THE COUNCIL'S CONFLICT OF INTEREST POLICY, ASKED TO REVIEW, DISCLOSE ANY POTENTIAL CONFLICTS, AND SIGN AN ACKNOWLEDGEMENT FORM THAT IS MAINTAINED BY LSAC'S GENERAL COUNSEL. ON AN ANNUAL BASIS, OFFICERS AND KEY LSAC STAFF MEMBERS ARE PROVIDED A COPY OF THE COUNCIL'S CONFLICT OF INTEREST POLICY AND ARE ASKED TO REVIEW, DISCLOSE ANY POTENTIAL CONFLICTS AND SIGN AN ACKNOWLEDGEMENT FORM THAT IS MAINTAINED BY LSAC'S GENERAL COUNSEL.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION APPOINTS AN EXECUTIVE COMPENSATION COMMITTEE, NORMALLY 3-5 MEMBERS FROM THE BOARD OF TRUSTEES AND NAMED BY THE LSAC CHAIR. THE EXECUTIVE COMPENSATION COMMITTEE ENLISTS THE ASSISTANCE OF AN OUTSIDE FIRM OR SPECIALIST THAT IS ABLE TO PROVIDE COMPARATIVE INFORMATION ABOUT PROCESS AND COMPENSATION ITSELF. AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS, THE LSAC PRESIDENT PRESENTS TO THE BOARD A BUDGET ITEM REGARDING THE PROPOSED COMPENSATION POOL OF STAFF INCREASES OR ADJUSTMENTS.
FORM 990, PART VI, SECTION C, LINE 19LSAC MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:POST RETIREMENT BENEFIT YEAR END 918,959.
FORM 990, PART XII, LINE 2CTHE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR
FORM 990, PART VIII, LINE 7CINCLUDED IN PART VIII, LINE 7C GAIN OR LOSS IS THE GAIN ON THE SALE OF THE BUILDING 661 WAS SOLD DURING DECEMBER 2022 PROCEEDS: $ 3,686,511 NET BOOK VALUE: $908,890 CAPITAL GAIN: $2,777,721

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1LSAG INDIA LLPBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1WEWORK FORUM DLF CYBER CITY PHASE-AddressLine1Txt
CityGURUGRAMCityNm
CountryINCountryCd
Foreign Postal122002ForeignPostalCd
FieldValueIRS element (for citing)
Primary ActivitiesEDUCATIONAL SERVICESPrimaryActivitiesTxt
Legal Domicile Foreign CountryINLegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1LSACBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeRELATEDPredominantIncomeTypeTxt
Disproportionate Allocations0DisproportionateAllocationsInd
General Or Managing Partner0GeneralOrManagingPartnerInd
Ownership0.99990OwnershipPct
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1LSAG INDIA LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeRTransactionTypeTxt
Involved$234,927InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt

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