MARYLAND INSTITUTE: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MARYLAND INSTITUTE (EIN 52-0591661)
- Tax period
- 2021-06-01 to 2022-05-31
- Filed
- 2023-04-11
- IRS object ID
- 202321019349301337
- Schema version
- 2021v4.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-04-11T14:51:02-05:00 | ReturnTs |
| Tax Period End | 2022-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8350 BROAD STREET SUITE 900 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520591661 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARYLAND INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARY | BusinessNameControlTxt |
| Phone | 4102252352 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 MOUNT ROYAL AVENUE | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21217 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTIN LEMELLE | PersonNm |
| Person Title | VP OF FINANCE | PersonTitleTxt |
| Phone | 4102252352 | PhoneNum |
| Signature | 2023-04-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARTIN | PersonFirstNm |
| Person Last | LEMELLE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JONATHAN LIST | PreparerPersonNm |
| PTIN | P01679255 | PTIN |
| Phone | 7032868000 | PhoneNum |
| Preparation | 2023-04-04 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARYLAND INSTITUTE COLLEGE OF ART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SAMUEL HOI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 MOUNT ROYAL AVE | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21217 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $229,136,981 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MICA.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1826 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | DEGREE GRANTING COLLEGE-MARYLAND INSTITUTE COLLEGE OF ART IS A PRIVATE COLLEGE (SEE SCHEDULE O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 1673 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | -$4,251 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,759,131 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,127,072 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $81,997,514 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $112,139,288 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,259,515 | PYInvestmentIncomeAmt |
| CY Investment Income | $12,816,303 | CYInvestmentIncomeAmt |
| PY Other Revenue | $258,353 | PYOtherRevenueAmt |
| CY Other Revenue | $628,497 | CYOtherRevenueAmt |
| PY Total Revenue | $94,274,513 | PYTotalRevenueAmt |
| CY Total Revenue | $138,711,160 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $31,576,845 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $39,000,431 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $45,678,990 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $54,089,260 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $27,028 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,046,800 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $28,051,352 | PYOtherExpensesAmt |
| CY Other Expenses | $34,831,277 | CYOtherExpensesAmt |
| PY Total Expenses | $105,307,187 | PYTotalExpensesAmt |
| CY Total Expenses | $127,947,996 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$11,032,674 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,763,164 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $339,639,271 | TotalAssetsBOYAmt |
| Total Assets EOY | $329,055,533 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $103,925,826 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $102,693,819 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $235,713,445 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $226,361,714 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DEGREE GRANTING COLLEGE-MARYLAND INSTITUTE COLLEGE OF ART IS A PRIVATE COLLEGE DEDICATED TO THE EDUCATION OF PROFESSIONAL ARTISTS AND THE FURTHER ADVANCEMENT OF ART IN THE COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $104,726,411 | ExpenseAmt |
| Grant | $39,000,431 | GrantAmt |
| Revenue | $112,253,016 | RevenueAmt |
| Desc | ACCREDITED COLLEGE WITH PROGRAMS IN FINE ARTS, APPLIED ARTS, AND ART EDUCATION; APPROXIMATELY 1,800 STUDENTS, GRANTS ARE DISBURSEMENTS FOR STUDENTS' FINANCIAL AID, STUDENT AWARDS, FELLOWSHIPS, AND FOR FACULTY DEVELOPMENT GRANTS. | Desc |
| Total Program Service Expenses | $104,726,411 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 266 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1673 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTIN LEMELLE | PersonNm |
| Phone | 4102252352 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 MOUNT ROYAL AVE | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21217 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (48 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| STUART CLARKE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WENDY JACHMAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHEELA MURTHY | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUG TSUI | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY G BUNTING | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN ANGELOS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LIZA SANCHEZ | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES F BLUE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AMY BRUSSELBACK | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDITH BURTON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHARON BUTLER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DIANE CHO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WONHONG CHO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STUART B COOPER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GWEN DAVIDSON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RONALD E FIDLER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANN GARFINKLE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIBEBE GIZAW | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FREDYE WRIGHT GROSS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JULIANA HARRIS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC A JORDAHL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THIBAULT MANEKIN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NEIL A MEYERHOFF | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES DABNEY MILLER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHEL MODELL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANN PERKINS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARCUS STEPHENS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHERINE SIEH-TAKATA | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL TIBURZI | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID WALLACK | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TIFFANY HOLMES | |||||||||
| VICE PROVOST - ACADEMIC AFFAIRS | 40.00 | 0.00 | $175,615 | $0 | $29,502 | Yes (X) | |||
| DOUGLAS MANN | |||||||||
| VP FINANCE & OPERATIONS (END 10/21) | 40.00 | 1.00 | $243,454 | $0 | $4,261 | Yes (X) | |||
| MICHAEL PATTERSON | |||||||||
| VP STUDENT AFFAIRS | 40.00 | 0.00 | $163,851 | $0 | $28,482 | Yes (X) | |||
| SAMUEL HOI | |||||||||
| PRESIDENT | 40.00 | 1.00 | $545,651 | $0 | $43,542 | Yes (X) | |||
| SHERI PARKS | |||||||||
| VP STRATEGIC INIT | 40.00 | 0.00 | $192,053 | $0 | $20,963 | Yes (X) | |||
| DAVID BOGEN | |||||||||
| VP OF ACADEMIC AFFAIRS (END 7/21) | 40.00 | 0.00 | $192,308 | $0 | $21,911 | Yes (X) | |||
| ALEXANDRA KIM | |||||||||
| VP TECHNOLOGY | 40.00 | 0.00 | $231,697 | $0 | $30,430 | Yes (X) | |||
| DON JONES | |||||||||
| VP ADVANCEMENT | 40.00 | 0.00 | $263,447 | $0 | $26,027 | Yes (X) | |||
| CHRISTIAN LALLO | |||||||||
| VP STRATEGIC COMM | 40.00 | 0.00 | $154,111 | $0 | $22,513 | Yes (X) | |||
| AUDREY TANNER | |||||||||
| VP, ADMISSION AND FINANCIAL AID | 40.00 | 0.00 | $207,761 | $0 | $19,610 | Yes (X) | |||
| SHANNA HINES | |||||||||
| VP OF PB&C (FORMERLY HR) (BEGIN 8/21) | 40.00 | 0.00 | $85,180 | $0 | $9,861 | Yes (X) | |||
| MARTIN LEMELLE | |||||||||
| VP OF FINANCE; BEGIN 9/21 | 40.00 | 0.00 | $117,167 | $0 | $12,941 | Yes (X) | |||
| STACEY SALAZAR | |||||||||
| VICE PROVOST - GRADUATE STUDIES | 40.00 | 0.00 | $152,214 | $0 | $17,483 | Yes (X) | |||
| COLETTE VEASEY-CULLORS | |||||||||
| INTERIM VP - UG STUDIES | 40.00 | 0.00 | $143,612 | $0 | $8,661 | Yes (X) | |||
| DAVID GRACYALNY | |||||||||
| VICE PROVOST-OPEN STUDIES | 40.00 | 0.00 | $138,706 | $0 | $22,407 | Yes (X) | |||
| MICHAEL WEIKERT | |||||||||
| DIR OF CTR FOR DESIGN PRACTICE | 40.00 | 0.00 | $140,269 | $0 | $18,635 | Yes (X) | |||
| SCOTT NOBEL | |||||||||
| AVP FACILITIES MGT | 40.00 | 0.00 | $136,235 | $0 | $23,784 | Yes (X) | |||
| BILL GASKINS | |||||||||
| FULL TIME FACULTY | 40.00 | 0.00 | $135,836 | $0 | $5,191 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,419,167 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $366,204 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 47 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ELSMERE EDUCATION INC | |||||
| 90 MADISON STREET STE 602 | DENVER | CO | 80206 | PROFESSIONAL SERVICES | $3,377,766 |
| PARKHURST DINING SERVICES | |||||
| PO BOX 644091 | PITTSBURGH | PA | 15264 | FOOD SERVICE | $2,113,651 |
| TRANE US INC | |||||
| 3600 PAMMEL CREEK ROAD | LA CROSSE | WI | 54601 | CONSTRUCTION | $650,244 |
| QUALITY WATERPROOFING SERVICES INC | |||||
| 3223 HILAND AVE | GLENN DALE | MD | 20769 | CONSTRUCTION | $543,970 |
| BROADWAY SERVICES INC | |||||
| 3709 E MONUMENT ST | BALTIMORE | MD | 21205 | PROFESSIONAL SERVICES | $518,889 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 30 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $10,583,026 | GovernmentGrantsAmt |
| All Other Contributions | $2,544,046 | AllOtherContributionsAmt |
| Noncash Contributions | $1,601,763 | NoncashContributionsAmt |
| Total Contributions | $13,127,072 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| TUITION & FEES | 611710 | $99,704,159 | $99,704,159 | ||
| DORMITORIES | 611710 | $8,831,766 | $8,831,766 | ||
| AUXILIARY ENTERPRISES | 611710 | $2,835,027 | $2,831,582 | $2,720 | $725 |
| BOOKSTORE | 611710 | $768,336 | $768,336 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $112,139,288 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,008,539 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$6,971 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,015,510 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $515 | TotalRevenueColumnAmt |
| Exclusion | $515 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,694 | TotalRevenueColumnAmt |
| Exclusion | $15,694 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $171,622 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $34,197 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $137,425 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $137,425 | TotalRevenueColumnAmt |
| Exclusion | $137,425 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $100,171,019 | SecuritiesAmt |
| Other | $1,027,854 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $89,289,354 | SecuritiesAmt |
| Other | $1,102,270 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,881,665 | SecuritiesAmt |
| Other | -$74,416 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,807,249 | TotalRevenueColumnAmt |
| Exclusion | $10,807,249 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| MISC REVENUE | 900099 | $342,476 | $342,476 | |
| DIGITAL PRINTING | 900099 | $105,207 | $105,207 | |
| GRADUATE LAB | 900099 | $11,966 | $11,966 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,729 | TotalRevenueColumnAmt |
| Exclusion | $15,729 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $475,378 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $138,711,160 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $112,253,016 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$4,251 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,335,323 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,302,943 | TotalAmt |
| Program Services | $32,302,943 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,697,488 | TotalAmt |
| Program Services | $6,697,488 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,666,560 | TotalAmt |
| Program Services | $1,017,734 | ProgramServicesAmt |
| Management And General | $2,314,307 | ManagementAndGeneralAmt |
| Fundraising | $334,519 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,914,873 | TotalAmt |
| Program Services | $30,998,379 | ProgramServicesAmt |
| Management And General | $6,775,975 | ManagementAndGeneralAmt |
| Fundraising | $1,140,519 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,204,522 | TotalAmt |
| Program Services | $1,756,054 | ProgramServicesAmt |
| Management And General | $383,858 | ManagementAndGeneralAmt |
| Fundraising | $64,610 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,340,174 | TotalAmt |
| Program Services | $5,050,386 | ProgramServicesAmt |
| Management And General | $1,103,970 | ManagementAndGeneralAmt |
| Fundraising | $185,818 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,963,131 | TotalAmt |
| Program Services | $2,227,918 | ProgramServicesAmt |
| Management And General | $632,569 | ManagementAndGeneralAmt |
| Fundraising | $102,644 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $486,282 | TotalAmt |
| Program Services | $23,906 | ProgramServicesAmt |
| Management And General | $437,376 | ManagementAndGeneralAmt |
| Fundraising | $25,000 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,000 | TotalAmt |
| Management And General | $8,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,028 | TotalAmt |
| Fundraising | $27,028 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,853 | TotalAmt |
| Management And General | $285,853 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,393,679 | TotalAmt |
| Program Services | $1,639,275 | ProgramServicesAmt |
| Management And General | $745,451 | ManagementAndGeneralAmt |
| Fundraising | $8,953 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,241,285 | TotalAmt |
| Program Services | $1,775,078 | ProgramServicesAmt |
| Management And General | $452,066 | ManagementAndGeneralAmt |
| Fundraising | $14,141 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,617,524 | TotalAmt |
| Program Services | $1,321,945 | ProgramServicesAmt |
| Management And General | $243,556 | ManagementAndGeneralAmt |
| Fundraising | $52,023 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,858,293 | TotalAmt |
| Program Services | $620,619 | ProgramServicesAmt |
| Management And General | $1,195,211 | ManagementAndGeneralAmt |
| Fundraising | $42,463 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,788,319 | TotalAmt |
| Program Services | $1,019,627 | ProgramServicesAmt |
| Management And General | $4,761,300 | ManagementAndGeneralAmt |
| Fundraising | $7,392 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $549,397 | TotalAmt |
| Program Services | $477,071 | ProgramServicesAmt |
| Management And General | $61,190 | ManagementAndGeneralAmt |
| Fundraising | $11,136 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,140 | TotalAmt |
| Program Services | $213,487 | ProgramServicesAmt |
| Management And General | $50,909 | ManagementAndGeneralAmt |
| Fundraising | $14,744 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,364,422 | TotalAmt |
| Program Services | $3,174,952 | ProgramServicesAmt |
| Management And General | $189,470 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,856,482 | TotalAmt |
| Program Services | $8,286,632 | ProgramServicesAmt |
| Management And General | $569,850 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,005,590 | TotalAmt |
| Program Services | $1,330,474 | ProgramServicesAmt |
| Management And General | $675,116 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| AUXILIARY - OTHER | $2,517,944 | $2,517,844 | $100 | |
| MISC EXPENSES | $1,754,325 | $1,752,745 | -$1,023 | $2,603 |
| STUDENT SERVICES | $425,340 | $425,340 | ||
| MEMBERSHIPS | $306,602 | $96,514 | $196,881 | $13,207 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,800 | TotalAmt |
| Management And General | $92,800 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,947,996 | TotalAmt |
| Program Services | $104,726,411 | ProgramServicesAmt |
| Management And General | $21,174,785 | ManagementAndGeneralAmt |
| Fundraising | $2,046,800 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,457,825 | BOYAmt |
| EOY | $29,995,250 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,643,395 | BOYAmt |
| EOY | $7,570,990 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,136,155 | BOYAmt |
| EOY | $2,908,769 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $435,289 | BOYAmt |
| EOY | $385,026 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,031,249 | BOYAmt |
| EOY | $2,670,478 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $293,679,616 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $132,815,230 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,275,097 | BOYAmt |
| EOY | $160,864,386 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,716,897 | BOYAmt |
| EOY | $96,214,228 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,396,366 | BOYAmt |
| EOY | $22,086,366 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $863,704 | BOYAmt |
| EOY | $354,484 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,683,294 | BOYAmt |
| EOY | $6,005,556 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $339,639,271 | BOYAmt |
| EOY | $329,055,533 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,265,251 | BOYAmt |
| EOY | $12,218,836 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,291,572 | BOYAmt |
| EOY | $3,904,874 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,405,433 | BOYAmt |
| EOY | $85,659,945 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $963,570 | BOYAmt |
| EOY | $910,164 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,925,826 | BOYAmt |
| EOY | $102,693,819 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,002,399 | BOYAmt |
| EOY | $131,403,137 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,711,046 | BOYAmt |
| EOY | $94,958,577 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $235,713,445 | BOYAmt |
| EOY | $226,361,714 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $339,639,271 | BOYAmt |
| EOY | $329,055,533 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,763,164 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$19,935,937 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | -$35,800 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | -$143,158 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,926,185 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,486,785 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,132,259 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,759,131 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,127,072 | CurrentTaxYearAmt |
| Total | $56,431,432 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,926,185 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,486,785 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,132,259 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,759,131 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,127,072 | CurrentTaxYearAmt |
| Total | $56,431,432 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,487,702 | SubstantialContributorsTotAmt |
| Public Support Total170 | $54,943,730 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,440,207 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,868,901 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,573,356 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,656,344 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,202,826 | CurrentTaxYearAmt |
| Total | $12,741,634 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59,773 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,446 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,052 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $79,271 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $123,420 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $108,551 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $241,278 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $143,023 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $358,205 | CurrentTaxYearAmt |
| Total | $974,477 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $70,226,814 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $621,735,451 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78240 | PublicSupportCY170Pct |
| Public Support PY170 | 0.67310 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | TICKET AND EVENT INCOME - 2017 AMOUNT: $ 34,580. 2018 AMOUNT: $ 42,257. 2019 AMOUNT: $ 47,366. 2020 AMOUNT: $ 736. 2021 AMOUNT: $ 8,523. DEPOSIT FORFEITURE - 2017 AMOUNT: $ 9,150. 2018 AMOUNT: $ 5,300. 2019 AMOUNT: $ 8,850. 2020 AMOUNT: $ 9,194. 2021 AMOUNT: $ 7,206. ALL OTHER REVENUE - 2017 AMOUNT: $ 79,690. 2018 AMOUNT: $ 60,994. 2019 AMOUNT: $ 185,062. 2020 AMOUNT: $ 133,093. 2021 AMOUNT: $ 342,476. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $2,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $2,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-B, LINE 1G, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT REPORTED ONLINE 1G IS AN ESTIMATED AMOUNT. THE TOTAL AMOUNT IS DE MINIMIS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $2,333,352 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $117,755,151 | BeginningYearBalanceAmt |
| Contributions | $2,807,047 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,959,541 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,765,141 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,426,450 | OtherExpendituresAmt |
| Administrative Expenses | $55,295 | AdministrativeExpensesAmt |
| End Year Balance | $109,355,771 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $90,745,429 | BeginningYearBalanceAmt |
| Contributions | $1,922,650 | ContributionsAmt |
| Investment Earnings Or Losses | $29,851,879 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,648,321 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,061,167 | OtherExpendituresAmt |
| Administrative Expenses | $55,319 | AdministrativeExpensesAmt |
| End Year Balance | $117,755,151 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $91,048,955 | BeginningYearBalanceAmt |
| Contributions | $2,427,866 | ContributionsAmt |
| Investment Earnings Or Losses | $1,830,395 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,338,835 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,123,950 | OtherExpendituresAmt |
| Administrative Expenses | $99,002 | AdministrativeExpensesAmt |
| End Year Balance | $90,745,429 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $90,780,041 | BeginningYearBalanceAmt |
| Contributions | $5,588,434 | ContributionsAmt |
| Investment Earnings Or Losses | -$964,758 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,286,150 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,001,016 | OtherExpendituresAmt |
| Administrative Expenses | $67,596 | AdministrativeExpensesAmt |
| End Year Balance | $91,048,955 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $86,140,551 | BeginningYearBalanceAmt |
| Contributions | $1,635,681 | ContributionsAmt |
| Investment Earnings Or Losses | $7,208,117 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,188,613 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,910,054 | OtherExpendituresAmt |
| Administrative Expenses | $105,641 | AdministrativeExpensesAmt |
| End Year Balance | $90,780,041 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.31460 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.54580 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.13950 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,159,679 | OtherCostOrOtherBasisAmt |
| Book Value | $3,159,679 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $231,795,279 | OtherCostOrOtherBasisAmt |
| Depreciation | $83,863,925 | DepreciationAmt |
| Book Value | $147,931,354 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,914,846 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,501,776 | DepreciationAmt |
| Book Value | $1,413,070 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,427,260 | OtherCostOrOtherBasisAmt |
| Depreciation | $45,896,387 | DepreciationAmt |
| Book Value | $5,530,873 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,382,552 | OtherCostOrOtherBasisAmt |
| Depreciation | $553,142 | DepreciationAmt |
| Book Value | $2,829,410 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $160,864,386 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIV EQ, LTD PSHIP & HEDGE FUNDS | Desc |
| Book Value | $22,086,366 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $22,086,366 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ADVANCES FROM US GOV'T | $76,316 |
| LIABILITY UNDER TRUST AGREEMENTS | $100,030 |
| LEASE OBLIGATIONS | $733,818 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $910,164 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $82,323,672 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$19,935,937 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $34,197 | OtherRevenueAmt |
| Revenue Not Reported | -$19,901,740 | RevenueNotReportedAmt |
| Revenue Subtotal | $102,225,412 | RevenueSubtotalAmt |
| Other Revenues Not Included | $36,485,748 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $36,485,748 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $138,711,160 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $91,694,426 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $35,800 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $196,378 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $232,178 | ExpensesNotReportedAmt |
| Expenses Subtotal | $91,462,248 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $36,485,748 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $36,485,748 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $127,947,996 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE COLLEGE'S DONATED ARTWORK IS MAINTAINED BY THE COLLEGE IS USED TO EDUCATE STUDENTS IN FINE ARTS, APPLIED ARTS, AND ART EDUCATION. |
| PART V, LINE 4: | THE COLLEGE'S ENDOWMENT FUNDS ARE AN IMPORTANT SOURCE OF REVENUE WHICH SUPPORT SCHOLARSHIPS, GRANTS, SPECIALIZED PROGRAMS, AND GENERAL OPERATIONS OF THE COLLEGE. |
| PART X, LINE 2: | AS AN EDUCATIONAL INSTITUTION MEETING THE REQUIREMENTS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE COLLEGE IS EXEMPT FROM INCOME TAXES ON INCOME RELATED TO ITS EXEMPT PURPOSE AS PROVIDED IN SECTION 501(A), EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE COLLEGE REVIEWS ITS TAX POSITION ANNUALLY AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE WITHIN THE CONSOLIDATED FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 34,197. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 36,485,748. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 34,197. RETURN OF CONTRIBUTION 162,181. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 36,485,748. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 6 | FUNDS PROVIDED BY THE U.S. GOVERNMENT UNDER THE FEDERAL PERKINS LOAN PROGRAM ARE LOANED TO QUALIFIED STUDENTS. FEDERAL STUDENT FINANCIAL AID PROGRAMS (INCLUDING PERKINS OR GUARANTEED LOAN PROGRAMS, GRANT AND WORK-STUDY PROGRAMS) FUNDED APPROXIMATELY 23% OF TUITION AND ROOM AND BOARD REVENUES IN FY 2022. |
| SCHEDULE E, LINE 3 | MICA DISPLAYS A NOTICE OF ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY PUBLICLY ACCESSIBLE INTERNET HOMEPAGE. IN ADDITION, BECAUSE MICA DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS BOTH NATIONWIDE AND INTERNATIONALLY, THE PUBLICITY REQUIREMENT IS SATISFIED BY INCLUDING A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL ITS BROCHURES AND CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. THE FOLLOWING STATEMENTS APPEAR ON THE COLLEGE'S WEBSITE AND IN THE COLLEGE'S CATALOG: NOTICE OF NONDISCRIMINATION IN EDUCATION AND EMPLOYMENT THE MARYLAND INSTITUTE COLLEGE OF ART DOES NOT DISCRIMINATE AGAINST ANY INDIVIDUAL FOR REASONS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, AGE, SEX, OR HANDICAP IN ANY RELATIONSHIP WITH THE INSTITUTION OR IN ANY OF ITS PROGRAMS OR OFFERINGS, HIRING OF FACULTY AND STAFF, OR ANY TERMS AND CONDITIONS OF EMPLOYMENT. INQUIRIES CONCERNING THE APPLICATION OF THESE REGULATIONS MAY BE REFERRED TO THE AFFIRMATIVE ACTION OFFICER. THE COLLEGE RESERVES THE RIGHT IN ITS DISCRETION TO MAKE FROM TIME TO TIME CHANGES AFFECTING POLICIES, FEES, CURRICULA, OR OTHER MATTERS ANNOUNCED IN THIS CATALOG. THE STATEMENTS IN THIS CATALOG DO NOT CONSTITUTE A CONTRACT. STATEMENT OF EQUAL OPPORTUNITY AND SERVICES TO THE DISABLED IN COMPLIANCE WITH FEDERAL, STATE, AND LOCAL LAWS AND REGULATIONS, THE MARYLAND INSTITUTE COLLEGE OF ART DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, SEX, SEXUAL ORIENTATION, MARITAL STATUS, AGE, DISABILITY, AND APPLICABLE VETERAN STATUS, IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAMS ACTIVITIES, OR WITH RESPECT TO EMPLOYMENT. IT IS THE POLICY OF THE MARYLAND INSTITUTE TO PROVIDE THOSE AUXILIARY AIDS AND SERVICES THAT MAY BE NECESSARY TO ENSURE THAT NO INDIVIDUAL WITH A DISABILITY IS EXCLUDED, DENIED SERVICES, SEGREGATED, OR OTHERWISE TREATED DIFFERENTLY THAN OTHER INDIVIDUALS. THESE SERVICES CAN BE ARRANGED THROUGH THE DEAN OF STUDENTS. THESE POLICIES APPLY TO PRESENT AND PROSPECTIVE STUDENTS AND EMPLOYEES. PRESENT OR PROSPECTIVE STUDENTS DESIRING FURTHER INFORMATION SHOULD CONTACT THE OFFICE OF THE DEAN OF THE PROGRAM IN WHICH THEY ARE INTERESTED: UNDERGRADUATE: 410-225-2222 GRADUATE: 410-225-2255 CONTINUING STUDIES: 410-225-2219 PRESENT OR PROSPECTIVE EMPLOYEES SHOULD CONTACT THE DIRECTOR OF ADMINISTRATIVE SERVICES: 410-225-2406 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 2 | GRANT MAKING | STUDY ABROAD | $29,750 |
| EAST ASIA AND THE PACIFIC | 0 | 364 | GRANT MAKING | STUDY ABROAD | $5,218,352 |
| EUROPE | 0 | 8 | GRANT MAKING | STUDY ABROAD | $218,650 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 2 | GRANT MAKING | STUDY ABROAD | $25,000 |
| NORTH AMERICA | 0 | 12 | GRANT MAKING | STUDY ABROAD | $289,924 |
| RUSSIA AND NEIGHBORING STATES | 0 | 3 | GRANT MAKING | STUDY ABROAD | $82,095 |
| SOUTH AMERICA | 0 | 9 | GRANT MAKING | STUDY ABROAD | $200,546 |
| SOUTH ASIA | 0 | 23 | GRANT MAKING | STUDY ABROAD | $471,555 |
| SUB-SAHARAN AFRICA | 0 | 6 | GRANT MAKING | STUDY ABROAD | $161,616 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 423 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 6 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 429 | TotalEmployeeCnt |
| Subtotal Spent | $6,535,872 | SubtotalSpentAmt |
| Continuation Spent | $161,616 | ContinuationSpentAmt |
| Total Spent | $6,697,488 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| EDUCATIONAL | CENTRAL AMERICA/CARIBBEAN | 2 | $29,750 | WIRE |
| EDUCATIONAL | EAST ASIA/PACIFIC | 364 | $5,218,352 | WIRE |
| EDUCATIONAL | EUROPE | 8 | $218,650 | WIRE |
| EDUCATIONAL | MIDDLE EAST/NORTH AFRICA | 2 | $25,000 | WIRE |
| EDUCATIONAL | NORTH AMERICA | 12 | $289,924 | WIRE |
| EDUCATIONAL | RUSSIA AND THE NEIGHBORING STATES | 3 | $82,095 | WIRE |
| EDUCATIONAL | SOUTH AMERICA | 9 | $200,546 | WIRE |
| EDUCATIONAL | SOUTH ASIA | 23 | $471,555 | WIRE |
| EDUCATIONAL | SUB-SAHARAN AFRICA | 6 | $161,616 | WIRE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | STUDENT FINANCIAL AID FOR FINANCIAL AID GRANTS/SCHOLARSHIPS, THE COLLEGE AWARDS THESE TO STUDENTS EACH SEMESTER BASED ON SEVERAL FACTORS. THE AWARDS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT BALANCE FOR TUITION. THE AWARDS ARE ACCOUNTED FOR ON THE ACCRUAL METHOD. THE INVESTMENTS ARE SHOWN AT FAIR VALUE AS OF THE END OF THE FISCAL YEAR. THE PROGRAM SERVICE EXPENSES ARE ACCOUNTED FOR ON THE ACCRUAL METHOD. |
| PART III ACCOUNTING METHOD: |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM PRESTON MASSEY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1352 | AddressLine1Txt |
| City | MANTEO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27954 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | GIVING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $27,028 | RetainedByContractorAmt |
| Net To Organization | -$27,028 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $27,028 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$27,028 | TotalNetToOrganizationAmt |
| Licensed States | MD | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (11 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| COMPETITIVE SCHOLARSHIPS | 1159 | $20,278,033 |
| UNDERGRADUATE MI GRANTS | 913 | $3,493,817 |
| GRADUATE SCHOLARSHIPS | 178 | $3,141,446 |
| RESTRICTED SCHOLARSHIPS&AWARDS | 414 | $2,026,878 |
| SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT | 330 | $314,515 |
| CONTINUING STUDIES SCHOLARSHIP | 32 | $27,610 |
| DEPARTMENTAL SCHOLARSHIPS | 117 | $251,053 |
| LUCAS SCHOLARSHIPS | 34 | $91,213 |
| CONTINUING STUDIES DISCOUNTS | 10 | $1,513 |
| ENTREPRENEURSHIP GRANTS/PRIZES AND AWARDS | 52 | $466,607 |
| QUALIFIED DISASTER RELIEF PAYMENTS | 262 | $2,210,258 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FOR FINANCIAL AID GRANTS/SCHOLARSHIPS, THE COLLEGE AWARDS THESE TO STUDENTS EACH SEMESTER BASED ON SEVERAL FACTORS. THE AWARDS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT BALANCE FOR TUITION. FOR FACULTY DEVELOPMENT GRANTS, THE COLLEGE COLLECTS A DETAILED ACCOUNTING OF ALL GRANT RELATED EXPENDITURES ALONG WITH ALL CORRESPONDING RECEIPTS. ALL EXPENDITURES ARE REVIEWED TO ENSURE THAT THEY ARE RELATED TO THE GRANT AND THERE IS PROPER DOCUMENTATION. THE GRANT RECIPIENT ALSO SUBMITS A REPORT TO ACADEMIC AFFAIRS SUMMARIZING THEIR EXPERIENCE. ENTREPRENEURSHIP GRANTS ARE AWARDED TO STUDENTS, GRADUATES AND ALUMNI WHO ARE LAUNCHING OR GROWING BUSINESSES IN BALTIMORE. A PANEL OF JUDGES DETERMINES THE AWARDEES BASED UPON SEVERAL FACTORS. ALL GRANTS ARE MONITORED THROUGH PROGRESS REPORTING WHICH INCLUDE DESCRIPTIONS OF GRANT SUPPORTED ACTIVITIES THAT HAVE BEEN UNDERTAKEN SINCE THE GRANT PERIOD START DATE. THE GRANTEE ALSO SUBMITS A FINAL REPORT DESCRIBING BUSINESS ACTIVITY INCLUDING: LOCATION AND STATUS OF BUSINESS, JOBS CREATED OR LOST, CLIENT LIST AND LOCATIONS, STRATEGIC ADVISER LIST AND PAIN POINTS FOR ANY ADDITIONAL SUPPORT NEEDED. QUALIFIED DISASTER RELIEF PAYMENTS WERE AWARDED TO STUDENTS IN ACCORDANCE WITH THE FEDERAL CARES ACT. STUDENTS WHO MET BASIC ELIGIBILITY CRITERIA FOR FEDERAL FINANCIAL AID RECEIVED A QUALIFIED EMERGENCY RELIEF PAYMENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SAMUEL HOI | ||||||||||||||
| PRESIDENT | $545,651 | $0 | $0 | $0 | $0 | $0 | $32,100 | $0 | $11,442 | $0 | $589,193 | $0 | $0 | $0 |
| DON JONES | ||||||||||||||
| VP ADVANCEMENT | $263,447 | $0 | $0 | $0 | $0 | $0 | $10,219 | $0 | $15,808 | $0 | $289,474 | $0 | $0 | $0 |
| ALEXANDRA KIM | ||||||||||||||
| VP TECHNOLOGY | $231,697 | $0 | $0 | $0 | $0 | $0 | $14,498 | $0 | $15,932 | $0 | $262,127 | $0 | $0 | $0 |
| DOUGLAS MANN | ||||||||||||||
| VP FINANCE & OPERATIONS (END 10/21) | $243,454 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4,261 | $0 | $247,715 | $0 | $0 | $0 |
| AUDREY TANNER | ||||||||||||||
| VP, ADMISSION AND FINANCIAL AID | $207,761 | $0 | $0 | $0 | $0 | $0 | $10,386 | $0 | $9,224 | $0 | $227,371 | $0 | $0 | $0 |
| DAVID BOGEN | ||||||||||||||
| VP OF ACADEMIC AFFAIRS (END 7/21) | $192,308 | $0 | $0 | $0 | $0 | $0 | $9,227 | $0 | $12,684 | $0 | $214,219 | $0 | $0 | $0 |
| SHERI PARKS | ||||||||||||||
| VP STRATEGIC INIT | $192,053 | $0 | $0 | $0 | $0 | $0 | $11,412 | $0 | $9,551 | $0 | $213,016 | $0 | $0 | $0 |
| TIFFANY HOLMES | ||||||||||||||
| VICE PROVOST - ACADEMIC AFFAIRS | $175,615 | $0 | $0 | $0 | $0 | $0 | $10,963 | $0 | $18,539 | $0 | $205,117 | $0 | $0 | $0 |
| MICHAEL PATTERSON | ||||||||||||||
| VP STUDENT AFFAIRS | $163,851 | $0 | $0 | $0 | $0 | $0 | $9,778 | $0 | $18,704 | $0 | $192,333 | $0 | $0 | $0 |
| CHRISTIAN LALLO | ||||||||||||||
| VP STRATEGIC COMM | $154,111 | $0 | $0 | $0 | $0 | $0 | $7,605 | $0 | $14,908 | $0 | $176,624 | $0 | $0 | $0 |
| STACEY SALAZAR | ||||||||||||||
| VICE PROVOST - GRADUATE STUDIES | $152,214 | $0 | $0 | $0 | $0 | $0 | $8,818 | $0 | $8,665 | $0 | $169,697 | $0 | $0 | $0 |
| DAVID GRACYALNY | ||||||||||||||
| VICE PROVOST-OPEN STUDIES | $138,706 | $0 | $0 | $0 | $0 | $0 | $8,406 | $0 | $14,001 | $0 | $161,113 | $0 | $0 | $0 |
| SCOTT NOBEL | ||||||||||||||
| AVP FACILITIES MGT | $136,235 | $0 | $0 | $0 | $0 | $0 | $8,098 | $0 | $15,686 | $0 | $160,019 | $0 | $0 | $0 |
| MICHAEL WEIKERT | ||||||||||||||
| DIR OF CTR FOR DESIGN PRACTICE | $140,269 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,635 | $0 | $158,904 | $0 | $0 | $0 |
| COLETTE VEASEY-CULLORS | ||||||||||||||
| INTERIM VP - UG STUDIES | $143,612 | $0 | $0 | $0 | $0 | $0 | $8,133 | $0 | $528 | $0 | $152,273 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MHHEFA BONDS 2012 | ||||||||
| A | 520936091 | 5742168D2 | 2012-10-10 | $37,371,463 | SEE PART VI | 0 | 0 | 0 |
| MHHEFA BONDS 2016 | ||||||||
| B | 520936091 | 574218F32 | 2016-10-06 | $40,942,422 | SEE PART VI | 0 | 0 | 0 |
| MHHEFA BONDS 2017 | ||||||||
| C | 520936091 | 574218K36 | 2017-03-07 | $19,920,236 | SEE PART VI | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $5,845,000 | $37,371,463 | $913,803 | $13,325,756 | $128,622 | $23,010,321 | 2013 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| B | $870,000 | $40,942,422 | $441,592 | 2017 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | $40,500,830 | |||
| C | $1,000,000 | $19,920,236 | $221,370 | 2017 | Yes (1) | 0 | Yes (1) | Yes (1) | $19,698,866 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| DATE REBATE COMPUTATION PERFORMED | ISSUER NAME: MHHEFA BONDS 2012 DATE THE REBATE COMPUTATION WAS PERFORMED: 06/01/2017 |
| SCH K, PART I LINE C (2012) | PURPOSE OF 2012 BOND ISSUE REFUNDING OF 07/22/1998 BOND ISSUE, AND ADDITIONAL FUNDS FOR CONSTRUCTION OF RESIDENCE HALL AND FOR RENOVATION OF FACILITIES ON CAMPUS. |
| SCH K, PART I LINE C (2016) | PURPOSE OF 2016 BOND ISSUE REFUNDING OF 2006 & 2007 BOND ISSUES |
| SCH K, PART I LINE C (2017) | PURPOSE OF 2017 BOND ISSUE REFUNDING OF 2007 BOND ISSUE |
| SCH K, PART III, LINE 3A (2012, 2016, 2017) | ALL MANAGEMENT CONTRACTS AND SERVICE AGREEMENTS EITHER FALL UNDER THE SAFE HARBOR PROVIDED OR INCIDENTAL EXCEPTION; THEREFORE, DO NOT CONSTITUTE PRIVATE BUSINESS USE. |
| SCH K, PART IV, LINE 2C (2012) | THE LAST REBATE CALCULATION FOR THE 2012 BOND ISSUE WAS COMPLETED ON JUNE 1, 2017. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $501,762 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG SELLING PRICE | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,100,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt |
|---|---|---|---|
| Yes (X) | ART SUPPLIES | 5 | $0 |
| Yes (X) | EQUPIMENT | 3 | $0 |
| Yes (X) | FURNITURE | 1 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 2 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, LINE 33 | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE DOES NOT RECORD CONTRIBUTIONS OF IN-KIND PROPERTY IN THE ACCOUNTING RECORDS UNLESS IT IS AN ITEM OF CONSIDERABLE VALUE. (THE COLLEGE CONSIDERS THIS TO BE ANYTHING OVER $20,000). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 | DEGREE GRANTING COLLEGE-MARYLAND INSTITUTE COLLEGE OF ART IS A PRIVATE COLLEGE DEDICATED TO THE EDUCATION OF PROFESSIONAL ARTISTS AND THE FURTHER ADVANCEMENT OF ART IN THE COMMUNITY. |
| FORM 990, PART VI, SECTION B, LINE 11B | AN ELECTRONIC COPY OF THE ORGANIZATION'S FORM 990 (INCLUDING ALL SCHEDULES), WAS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO ITS FILING WITH THE IRS. THE ORGANIZATION'S OFFICERS AND FULL BOARD OF TRUSTEES PERFORMED A HIGH-LEVEL REVIEW OF THE PREPARED FORM 990 PRIOR TO FILING IT WITH THE IRS. A MORE IN-DEPTH REVIEW WAS PERFORMED BY THE BOARD FINANCE COMMITTEE, WHICH IS COMPRISED OF TRUSTEES AND OFFICERS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH TRUSTEE AND OFFICER ANNUALLY SIGNS A STATEMENT THAT AFFIRMS SUCH PERSON HAS RECEIVED AND CAREFULLY READ THE CONFLICT OF INTEREST POLICY, UNDERSTANDS AND AGREES TO COMPLY WITH THE POLICY, AND FURTHER UNDERSTANDS THAT THE COLLEGE IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. TRUSTEES AND OFFICERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. TRUSTEES OR OFFICERS WHO HAVE DECLARED OR HAVE BEEN FOUND TO HAVE A CONFLICT OF INTEREST SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF ANY PROPOSED TRANSACTION, UNLESS FOR SPECIAL REASONS THE BOARD REQUESTS INFORMATION OR INTERPRETATION FROM THE PERSON OR PERSONS INVOLVED, AND SHALL NOT VOTE, OR BE PRESENT AT THE TIME OF VOTING, ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING WHICH SUCH TRUSTEE HAS A KNOWN CONFLICT OF INTEREST. THE CHAIRMAN OF THE BOARD, WHO, TOGETHER WITH COUNSEL, SHALL BE RESPONSIBLE FOR ADMINISTRATION OF THIS POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION LEVELS FOR THE PRESIDENT AND VICE PRESIDENTS ARE BASED ON MARKET DATA AT AICAD SCHOOLS AND OTHER LIBERAL ARTS COLLEGES. THE PRESIDENT'S COMPENSATION IS REVIEWED BY AN INDEPENDENT AD HOC COMMITTEE OF THE BOARD CONSISTING OF SEVERAL PAST BOARD CHAIRS AND IS DISCUSSED WITH THE BOARD EXECUTIVE COMMITTEE. COMPENSATION LEVELS FOR THE VICE PRESIDENTS ARE ALSO REVIEWED BY THE BOARD EXECUTIVE COMMITTEE. PERIODICALLY THE COLLEGE ENGAGES AN INDEPENDENT COMPENSATION CONSULTING FIRM TO ASSESS MICA'S EXECUTIVE LEVEL SALARIES RELATIVE TO THE MARKET. THE MOST RECENT STUDY WAS DONE IN 2016 AND IT CONCLUDED THAT THE SALARIES OF MICA'S PRESIDENT AND VICE PRESIDENTS WERE ALIGNED WITH OTHER COMPARABLE COLLEGES AND UNIVERSITIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | GAIN ON SALE OF PROPERTY 19,027. REFUND OF CONTRIBUTION -162,185. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|
| POOLED INCOME FUND (1) | |||
| ANNUITY | MD | T | 0 |
| CHARITABLE REMAINDER TRUSTS (4) | |||
| ANNUITY | MD | T | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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