AMERICAN UNIVERSITY OF ROME: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
AMERICAN UNIVERSITY OF ROME (EIN 23-7110060)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-08
IRS object ID
202521289349304272
Schema version
2023v6.0
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)
Return2025-05-08T15:21:08-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521392008PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GELMAN ROSENBERG & FREEDMANBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14550 MONTGOMERY AVE SUITE 800NAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP208142930ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237110060EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE AMERICAN UNIVERSITY OF ROMEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone8775921287PhoneNum

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1VIA PIETRO ROSELLI 4AddressLine1Txt
CityROMECityNm
Province Or StateDCProvinceOrStateNm
CountryITCountryCd
Foreign Postal00153ForeignPostalCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOTT MITCHELL SPRENGERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Foreign Phone8775921287ForeignPhoneNum
Signature2025-05-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonELIZABETH W HELLERPreparerPersonNm
PTINP00397829PTIN
Phone3019519090PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSCOTT MITCHELL SPRENGERPrincipalOfficerNm

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1VIA PIETRO ROSELLI 4AddressLine1Txt
CityROMECityNm
Province Or StateDCProvinceOrStateNm
CountryITCountryCd
Foreign Postal00153ForeignPostalCd
FieldValueIRS element (for citing)
Gross Receipts$19,181,566GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.AUR.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionSEE PART III, LINE 1.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee22TotalEmployeeCnt
Total Volunteers29TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$646,476PYContributionsGrantsAmt
CY Contributions Grants$497,840CYContributionsGrantsAmt
PY Program Service Revenue$16,878,922PYProgramServiceRevenueAmt
CY Program Service Revenue$18,339,008CYProgramServiceRevenueAmt
PY Investment Income$109,343PYInvestmentIncomeAmt
CY Investment Income$101,800CYInvestmentIncomeAmt
PY Other Revenue$298,222PYOtherRevenueAmt
CY Other Revenue$242,918CYOtherRevenueAmt
PY Total Revenue$17,932,963PYTotalRevenueAmt
CY Total Revenue$19,181,566CYTotalRevenueAmt
PY Grants And Similar Paid$1,526,703PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,814,207CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,885,284PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,213,368CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$124,236CYTotalFundraisingExpenseAmt
PY Other Expenses$7,492,333PYOtherExpensesAmt
CY Other Expenses$8,222,562CYOtherExpensesAmt
PY Total Expenses$14,904,320PYTotalExpensesAmt
CY Total Expenses$16,250,137CYTotalExpensesAmt
PY Revenues Less Expenses$3,028,643PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,931,429CYRevenuesLessExpensesAmt
Total Assets BOY$12,590,635TotalAssetsBOYAmt
Total Assets EOY$15,523,039TotalAssetsEOYAmt
Total Liabilities BOY$6,786,486TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,873,460TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,804,149NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,649,579NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE AMERICAN UNIVERSITY OF ROME IS A DEGREE-GRANTING AMERICAN UNIVERSITY. IT CONDUCTS AN AMERICAN UNIVERSITY LEVEL ACADEMIC PROGRAM IN ITS FACILITIES IN ROME (ITALY), AND COLLABORATES WITH COLLEGES AND UNIVERSITIES IN THE US AND ITALY TO ORGANIZE SPECIAL PROGRAMS, CONFERENCES, SEMINARS AND OTHER HIGHER EDUCATION PROGRAMS IN ROME.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$10,187,074ExpenseAmt
Grant$1,814,207GrantAmt
Revenue$18,339,008RevenueAmt
DescGENERAL: TO ESTABLISH, OPERATE, MAINTAIN AND MAKE KNOWN AN AMERICAN COLLEGE AND UNIVERSITY IN THE CITY OF ROME, ITALY.Desc
Total Program Service Expenses$10,187,074TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
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 Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document241IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee22EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryITForeignCountryCd
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 Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
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
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCOTT MITCHELL SPRENGERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8775921287PhoneNum

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1AUR VIA PIETRO ROSELLIAddressLine1Txt
CityROMECityNm
CountryITCountryCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
THOMAS MCCARTHY
CHAIR10.00Yes (X)Yes (X)$0$0$0
NEIL BOYDEN TANNER
VICE-CHAIR7.00Yes (X)Yes (X)$0$0$0
ROBERT J KRAPF ESQ
SECRETARY7.00Yes (X)Yes (X)$0$0$0
FIORELLA ALVINO
TRUSTEE4.00Yes (X)$0$0$0
ESTHER BARAZZONE
TRUSTEE4.00Yes (X)$0$0$0
GLORIA BLINT
TRUSTEE4.00Yes (X)$0$0$0
DUSTIN BRIGHTON
TRUSTEE4.00Yes (X)$0$0$0
STEPHEN A BRIGANTI
TRUSTEE4.00Yes (X)$0$0$0
ELIZABETH DIBBLE
TRUSTEE4.00Yes (X)$0$0$0
THOMAS DUESTERBERG
TRUSTEE4.00Yes (X)$0$0$0
ANTONIO GIORDANO
TRUSTEE4.00Yes (X)$0$0$0
TERRY GRANT
TRUSTEE4.00Yes (X)$0$0$0
JOSEPH GULINO
TRUSTEE4.00Yes (X)$0$0$0
MARK HOLLAND
TRUSTEE4.00Yes (X)$0$0$0
LINDA KELLEY KURFESS
TRUSTEE4.00Yes (X)$0$0$0
STEPHEN LAVINE
TRUSTEE4.00Yes (X)$0$0$0
GIOVANNI LINARI
TRUSTEE4.00Yes (X)$0$0$0
ANNE LUZZATTO
TRUSTEE4.00Yes (X)$0$0$0
ALFREDO J MOLINA
TRUSTEE4.00Yes (X)$0$0$0
BETH KEMPLER PFANNL
TRUSTEE4.00Yes (X)$0$0$0
THOMAS PILLA
TRUSTEE4.00Yes (X)$0$0$0
JONATHAN POLLACK
TRUSTEE4.00Yes (X)$0$0$0
MATTHEW RIPSOM
TRUSTEE4.00Yes (X)$0$0$0
LARRY SONSINI
TRUSTEE4.00Yes (X)$0$0$0
DEBRA TORNABEN
TRUSTEE4.00Yes (X)$0$0$0
JOSEPH TORSELLA
TRUSTEE4.00Yes (X)$0$0$0
DAVID UTRILLA
TRUSTEE4.00Yes (X)$0$0$0
GREGORY VARALLO
TRUSTEE4.00Yes (X)$0$0$0
SCOTT MITCHELL SPRENGER
PRESIDENT40.00Yes (X)$260,240$0$54,909
ROSSANA ALTOMARI
CFO40.00Yes (X)$114,651$0$0
ANNE MARIE JUDGE
SR. DIR. OF ADVANCEMENT40.00$139,316$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$514,207TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$54,909TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$497,840AllOtherContributionsAmt
Noncash Contributions$31,581NoncashContributionsAmt
Total Contributions$497,840TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION900099$13,874,023$13,874,023
HOUSING900099$4,105,649$4,105,649
FIELD TRIP/OTHER REIMB.900099$359,336$359,336
FieldValueIRS element (for citing)
Total Program Service Revenue$18,339,008TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$79,107TotalRevenueColumnAmt
Exclusion$79,107ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$22,693SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$22,693SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,693TotalRevenueColumnAmt
Exclusion$22,693ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescCURREN. EXCHANGE GAINDesc
Business900099BusinessCd
Total Revenue Column$242,918TotalRevenueColumnAmt
Exclusion$242,918ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$242,918OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,181,566TotalRevenueColumnAmt
Related Or Exempt Func Income$18,339,008RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$344,718ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$269,607TotalAmt
Program Services$269,607ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$688,404TotalAmt
Program Services$688,404ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$856,196TotalAmt
Program Services$856,196ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$399,987TotalAmt
Program Services$135,404ProgramServicesAmt
Management And General$259,390ManagementAndGeneralAmt
Fundraising$5,193FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,471,241TotalAmt
Program Services$2,134,024ProgramServicesAmt
Management And General$2,255,375ManagementAndGeneralAmt
Fundraising$81,842FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$224,199TotalAmt
Program Services$104,451ProgramServicesAmt
Management And General$115,742ManagementAndGeneralAmt
Fundraising$4,006FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$248,504TotalAmt
Program Services$115,774ProgramServicesAmt
Management And General$128,290ManagementAndGeneralAmt
Fundraising$4,440FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$869,437TotalAmt
Program Services$405,057ProgramServicesAmt
Management And General$448,846ManagementAndGeneralAmt
Fundraising$15,534FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$38,139TotalAmt
Management And General$38,139ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$55,035TotalAmt
Management And General$55,035ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$247,200TotalAmt
Program Services$142,140ProgramServicesAmt
Management And General$105,060ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$679,218TotalAmt
Management And General$679,218ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$467,970TotalAmt
Program Services$181,572ProgramServicesAmt
Management And General$286,398ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$505,689TotalAmt
Program Services$290,771ProgramServicesAmt
Management And General$214,918ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,209,305TotalAmt
Program Services$3,872,561ProgramServicesAmt
Management And General$336,744ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$157,525TotalAmt
Program Services$36,231ProgramServicesAmt
Management And General$121,294ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$229,045TotalAmt
Program Services$67,110ProgramServicesAmt
Management And General$161,935ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$21,903TotalAmt
Management And General$21,903ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$198,673TotalAmt
Program Services$114,237ProgramServicesAmt
Management And General$84,436ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$200,283TotalAmt
Management And General$200,283ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOREIGN CURRENCY LOSS$298,171$171,448$126,723
MISCELLANEOUS$214,868$123,549$91,319
FIELD TRIPS$197,427$197,427
TAXES$192,059$110,434$81,625

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$310,052TotalAmt
Program Services$170,677ProgramServicesAmt
Management And General$126,154ManagementAndGeneralAmt
Fundraising$13,221FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,250,137TotalAmt
Program Services$10,187,074ProgramServicesAmt
Management And General$5,938,827ManagementAndGeneralAmt
Fundraising$124,236FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,945BOYAmt
EOY$11,903EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,619,698BOYAmt
EOY$4,693,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,750,598BOYAmt
EOY$5,445,670EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$326,486BOYAmt
EOY$439,882EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$221,157LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$229,219BOYAmt
EOY$221,157EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$518,591BOYAmt
EOY$4,601,501EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$138,098BOYAmt
EOY$109,926EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,590,635BOYAmt
EOY$15,523,039EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,776,936BOYAmt
EOY$1,573,466EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,204,557BOYAmt
EOY$4,462,394EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$804,993BOYAmt
EOY$837,600EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,786,486BOYAmt
EOY$6,873,460EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,963,604BOYAmt
EOY$7,905,960EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$840,545BOYAmt
EOY$743,619EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,804,149BOYAmt
EOY$8,649,579EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,590,635BOYAmt
EOY$15,523,039EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,931,429ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$85,999PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$221,157OtherCostOrOtherBasisAmt
Book Value$221,157BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$221,157TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescSEVERANCE PAYABLEDesc
Amt$837,600Amt
FieldValueIRS element (for citing)
Total Liability$837,600TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$17,367,359TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$17,367,359RevenueSubtotalAmt
Other Revenues Not Included$1,814,207OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,814,207RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$19,181,566TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,435,930TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$14,435,930ExpensesSubtotalAmt
Other Expenses Not Included$1,814,207OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,814,207ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$16,250,137TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIP NETTED AGAINST REVENUE ON THE FINANCIAL 1,814,207. STATEMENTS AND REPORTED AS AN EXPENSE ON THE FORM 990.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIP NETTED AGAINST REVENUE ON THE FINANCIAL 1,814,207. STATEMENTS AND REPORTED AS AN EXPENSE ON THE FORM 990.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs0MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3EQUAL OPPORTUNITY DISCLOSURE INCLUDED ON THE WEBSITE AT THE MAIN PAGE, IN THE CATALOG, AND VIEWBOOK.
SCHEDULE E, PART I, LINE 4THE UNIVERSITY KEEPS INFORMATION BY NATIONALITY ONLY. IN ITALY IT IS NOT REQUIRED TO KEEP RACIAL INFORMATION, UNLESS THERE IS A SPECIFIC REASON. WE HAVE NO SPECIFIC REASONS TO REQUIRE ETHNIC INFORMATION, WHICH IS CONSIDERED SENSITIVE IN ITALY. WE DO HOWEVER HAVE SPECIFIC POLICIES ON NON-DISCRIMINATION. THESE ARE CONTAINED IN ALL OUR HANDBOOKS (STAFF, FACULTY AND STUDENT) AND ON OUR WEB SITE.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA & CARIBBEAN00GRANTS TO RECIPIENTS LOCATED IN THE REGION$4,496
EAST ASIA & PACIFIC00GRANTS TO RECIPIENTS LOCATED IN THE REGION$278
EUROPE00GRANTS TO RECIPIENTS LOCATED IN THE REGION$432,558
MIDDLE EAST & NORTH AFRICA00GRANTS TO RECIPIENTS LOCATED IN THE REGION$33,936
NORTH AMERICA00GRANTS TO RECIPIENTS LOCATED IN THE REGION$5,988
RUSSIA & NEWLY INDEPENDENT STATES00GRANTS TO RECIPIENTS LOCATED IN THE REGION$186,842
SOUTH AMERICA00GRANTS TO RECIPIENTS LOCATED IN THE REGION$36,595
SOUTH ASIA00GRANTS TO RECIPIENTS LOCATED IN THE REGION$111,638
SUB-SAHARAN AFRICA00GRANTS TO RECIPIENTS LOCATED IN THE REGION$43,865
EUROPE1169PROGRAM SERVICES$9,330,878
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office1ContinuationTotalOfficeCnt
Continuation Total Employee169ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee169TotalEmployeeCnt
Subtotal Spent$812,331SubtotalSpentAmt
Continuation Spent$9,374,743ContinuationSpentAmt
Total Spent$10,187,074TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSCENTRAL AMERICA & CARIBBEAN1$4,496FULL OR PARTIAL OFFSET OF TUITION PAYMENT OR CASH TO STUDENTS
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSEAST ASIA & PACIFIC1$278FULL OR PARTIAL OFFSET OF TUITION PAYMENT OR CASH TO STUDENTS
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSEUROPE40$432,558FULL OR PARTIAL OFFSET OF TUITION PAYMENT OR CASH TO STUDENTS
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSMIDDLE EAST & NORTH AFRICA3$33,936FULL OR PARTIAL OFFSET OF TUITION PAYMENT OR CASH TO STUDENTS
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSNORTH AMERICA1$5,988FULL OR PARTIAL OFFSET OF TUITION PAYMENT OR CASH TO STUDENTS
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSRUSSIA & NEWLY INDEPENDENT STATES7$186,842FULL OR PARTIAL OFFSET OF TUITION PAYMENT OR CASH TO STUDENTS
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSSOUTH AMERICA3$36,595FULL OR PARTIAL OFFSET OF TUITION PAYMENT OR CASH TO STUDENTS
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSSOUTH ASIA7$111,638
FULL OR PARTIAL OFFSET OF THE TUITION FEE OR CASH TO STUDENTSSUB-SAHARAN AFRICA4$43,865
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott CountriesYes (1)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE AMERICAN UNIVERSITY OF ROME MAINTAINS AN ACADEMIC SCHOLARSHIP GRANT PROGRAM FOR QUALIFIED STUDENTS. GRANTS ARE AWARDED PURSUANT TO ESTABLISHED POLICIES AND PROCEDURES AND MONITORED BY THE AUR FINANCIAL AID OFFICE. AUR IS AUTHORIZED BY THE UNITED STATES DEPARTMENT OF EDUCATION TO PARTICIPATE IN TITLE IV STUDENT FINANCIAL ASSISTANCE PROGRAM, IS IN COMPLIANCE WITH US TITLE IV REQUIREMENTS, AND ACCORDINGLY IS SUBMITTED TO AUDIT ON AN ANNUAL BASIS.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
EMORY UNIVERSITY
1300 CLIFTON ROADATLANTAGA30322580566256501(C)(3)$43,997$0SCHOLARSHIPS/STUDY ABROAD PROGRAM
AMERICAN UNIVERSITY
4400 MASSACHUSETTS AVE NWWASHINGTONDC20016530196549501(C)(3)$16,379$0SCHOLARSHIPS/STUDY ABROAD PROGRAM
FASHION INSTITUTE OF TECHNOLOGY
227 W 27TH STNEW YORKNY10001132556338501(C)(3)$8,135$0SCHOLARSHIPS/STUDY ABROAD PROGRAM
MANHATTAN COLLEGE
4513 MANHATTAN COLLEGE PKWYBRONXNY10471131740468501(C)(3)$22,481$0SCHOLARSHIPS/STUDY ABROAD PROGRAM
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIP AND WORK ASSISTANCEGrantTypeTxt
Recipient70RecipientCnt
Cash Grant$688,404CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS ARE SCHOLARSHIPS GIVEN TO UNIVERSITY AND COLLEGES FOR STUDENTS ATTENDING STUDY ABROAD PROGRAMS HELD AT THE AMERICAN UNIVERSITY OF ROME IN ROME, ITALY. THE SCHOLARSHIPS ARE DETERMINED BY SCHOLAR MERIT AND/OR FINANCIAL NEED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
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 Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonSCOTT MITCHELL SPRENGERPersonNm
TitlePRESIDENTTitleTxt
Base Compensation Filing Org$260,240BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$17,747DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$37,162NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$315,149TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$31,581NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHIS NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PREPARED BY TAX CONSULTANTS IN COOPERATION WITH THE DIRECTOR OF FINANCE. THE FORM WAS REVIEWED BY THE LEGAL COMMITTEE OF THE BOARD OF TRUSTEES. IT WAS THEN SUBMITTED FOR APPROVAL TO THE PRESIDENT, WHO IS ALSO THE LEGAL REPRESENTATIVE. A COPY OF THE FINAL 990 WAS PROVIDED TO ALL TRUSTEES BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE AMERICAN UNIVERSITY OF ROME IS COMMITTED TO AVOIDING ANY ACTUAL OR POTENTIAL CONFLICTS BETWEEN THE INTERESTS OF THE UNIVERSITY AND ANY PERSONAL INTEREST A MEMBER OF THE BOARD OF TRUSTEES OR AN OFFICER OF THE UNIVERSITY MAY HAVE. ALL TRUSTEES AND OFFICERS ANNUALLY DISCLOSE ACTUAL AND POTENTIAL CONFLICTS OF INTEREST BY COMPLETING A CONFLICT OF INTEREST DISCLOSURE STATEMENT AND THESE DISCLOSURES ARE PROMPTLY UPDATED AS NEW INFORMATION BECOMES AVAILABLE THAT AFFECTS THE TRUSTEE'S OR OFFICER'S STATED INTERESTS. NO TRANSACTION OR ACTION UNDERTAKEN BY THE UNIVERSITY MAY BE VOID OR VOIDABLE, OR MAY BE CHALLENGED AS SUCH BY AN OUTSIDE PARTY, BY REASON OF HAVING BEEN UNDERTAKEN IN VIOLATION OF THE POLICY OR THE PRINCIPLES SET FORTH WITHIN THE POLICY. IF A CONFLICT OF INTEREST WERE TO ARISE AN ABSTENTION OR RECUSAL MAY BE NECESSARY.
FORM 990, PART VI, SECTION B, LINE 15THE UNIVERSITY SALARY POLICY ENVISAGES A COMPENSATION COMMITTEE TO DETERMINE COMPENSATION FOR KEY EMPLOYEES OF THE ORGANIZATION. MR. SPRENGER'S COMPENSATION WAS SET BY A COMMITTEE COMPRISED SOLELY OF INDEPENDENT TRUSTEES BASED ON INFORMATION REASONABLY AVAILABLE TO THE BOARD AND ITS INDEPENDENT COMPENSATION CONSULTANT REGARDING SIMILARLY-SIZED US INSTITUTIONS. IN ADDITION TO THE AFOREMENTIONED COMPARABILITY DATA, THE INDEPENDENT COMMITTEE ALSO CONSIDERED VARIOUS OTHER DATA, INCLUDING (I) THE PRIOR COMPENSATION VALUES PAID TO HIS PREDECESSOR; (II) THE ECONOMIC CONDITION OF THE UNIVERSITY; AND (III) THE ORIGINAL RECOMMENDATION OF KORN FERRY INTERNATIONAL, WHICH WAS THE SEARCH CONSULTANT ENGAGED BY THE BOARD TO ASSIST IN RECRUITMENT OF A NEW PRESIDENT. THE COMPENSATION PROCESSED WAS DOCUMENTED AND THE LAST REVIEW WAS IN MAY 2024.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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