2021-11-11T11:27:53-06:00 2021-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2020-07-01 131662715 NEW YORK SCHOOL OF INTERIOR DESIGN NEWY 2124721500 170 EAST 70TH STREET NEW YORK NY 10021 JANE CHEN VP-FINANCE & ADMINISTRATION 2124721500 2021-10-21 1 JANE CHEN 999009999 JAMES J REILLY P00183769 2126617777 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JANE CHEN 170 EAST 70TH STREET NEW YORK NY 10021 22283025 0 X WWW.NYSID.EDU X 1916 NY SEE SCHEDULE O 18 16 267 16 0 0 1729875 1817044 15267965 15677341 1449979 1586069 23657 1412521 18471476 20492975 661898 1073563 0 0 8352749 8228840 0 0 0 6935499 6651447 15950146 15953850 2521330 4539125 46496848 56515588 5157682 4784606 41339166 51730982 X SEE SCHEDULE O 0 0 12300323 1073563 15677341 THE NEW YORK SCHOOL OF INTERIOR DESIGN IS AN INSTITUTION OF HIGHER LEARNING OFFERING THE FOLLOWING DEGREES: MFA, MPS, BA, BFA, AAS AND A DESIGN CERTIFICATE. 12300323 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 267 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JANE CHEN CO NYSID 2124721500 170 EAST 70TH STREET NEW YORK NY 10021 ELLEN KRAVET CHAIRMAN 20.00 X X 0 0 0 ERIC GERING FACULTY TRUSTEE 1.00 X 19890 0 0 KELLY M WILLIAMS SECRETARY 5.00 X X 0 0 0 JAMES P DRUCKMAN TREASURER 5.00 X X 0 0 0 ALEXA HAMPTON TRUSTEE 1.00 X 0 0 0 DAVID SCOTT TRUSTEE 1.00 X 0 0 0 BRAD SCHNELLER TRUSTEE 1.00 X 0 0 0 BETSEY RUPRECHT TRUSTEE 1.00 X 0 0 0 DENNIS MILLER TRUSTEE 1.00 X 0 0 0 ANNE KORMAN TRUSTEE 1.00 X 0 0 0 DAVID KLEINBERG TRUSTEE 1.00 X 0 0 0 NEWELL TURNER TRUSTEE 1.00 X 0 0 0 SUSAN ZISES GREEN TRUSTEE 1.00 X 0 0 0 CHERYL S DURST TRUSTEE 1.00 X 0 0 0 JILL H DIENST TRUSTEE 1.00 X 0 0 0 CHESIE BREEN TRUSTEE 1.00 X 0 0 0 MARIA SPEARS TRUSTEE 1.00 X 0 0 0 SUSAN NAGLE VICE CHAIRMAN 5.00 X X 5190 0 0 JOANNA L SILVER GENERAL COUNSEL 1.00 X 0 82981 0 DAVID SPROULS PRESIDENT 40.00 X 256686 0 81895 ELLEN FISHER VP-ACADEMIC AFFAIRS & DEAN 40.00 X 180375 0 57420 JANE CHEN VP-FINANCE & ADMINISTRATIO 40.00 X 184275 0 42328 RICHARD CLASS ASSISTANT DEAN 40.00 X 123873 0 60018 BARBARA LOWENTHAL ASSOCIATE DEAN 40.00 X 117750 0 17663 YVONNE MORAY AVP-ADMINISTRATION 40.00 X 116969 0 45507 DAVID OWENS-HILL CHIEF OF STAFF 40.00 X 115952 0 32080 JOY COOPER DIRECTOR OF DEVELOPMENT 40.00 X 144326 0 52013 1265286 82981 388924 10 0 1 0 CREATIVE COMMUNICATION ASSOCIATES 2 THIRD STREET SUITE 250 TROY NY 12180 MARKETING 523561 WILKINSON GLOBAL ASSET MANAGEMENT LLC 880 3RD AVE NY NY 10022 INVESTMENT MGMT FEES 239957 2 477775 805634 533635 1817044 STUDENT TUITION & FEES 900099 15677341 15677341 15677341 454994 454994 2798340 1667265 1131075 1131075 1131075 0 477775 122785 -122785 -122785 SBA PAYCHECK PROTECTIO 900099 1473250 1473250 MISCELLANEOUS 900099 62056 62056 1535306 20492975 15677341 0 2998590 1073563 1073563 831123 263829 567294 5367780 4399202 968578 453812 309743 144069 1081190 713415 367775 494935 383360 111575 79271 79271 76203 76203 261536 261536 438620 66000 372620 660517 651777 8740 176767 96481 80286 557543 433854 123689 2555066 2527259 27807 866 209 657 29502 9905 19597 1084485 968443 116042 182164 22500 159664 EQUIPMENT LEASES 291328 276329 14999 MISC. EXPENSE 160600 7475 153125 LIBRARY BOOKS & SUPPLIE 80458 80458 WORKSHOPS/LECTURES/HONO 16521 16521 15953850 12300323 3653527 0 1080719 841226 6108296 10005310 126018 175605 173980 291826 31473859 21327728 10789719 10146131 28150743 34580241 67373 475249 46496848 56515588 409236 587226 3275196 4197380 1473250 0 5157682 4784606 X 36628233 45617876 4710933 6113106 41339166 51730982 46496848 56515588 4539125 5852691 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7509818 878425 1331533 374399 9345377 5906655 1081998 706223 185058 7509818 5887163 43036 251618 275162 5906655 5489295 14923 644721 261776 5887163 5422367 190345 206810 330227 5489295 0.34588 0.36239 0.29173 0 0 832916 832916 16050765 11521053 4529712 8825678 4737301 4088377 5758862 5069374 689488 5638 5638 10146131 26206915 5852691 122785 5975476 20231439 261536 261536 20492975 15815099 122785 122785 15692314 261536 261536 15953850 PART V, LINE 4: THE PERMANENTLY AND TEMPORARILY RESTRICTED FUNDS ARE RESTRICTED BY DONORS PRIMARILY FOR SCHOLARSHIPS AND THE BOARD DESIGNATED FUNDS ARE RESTRICTED BY THE BOARD OF TRUSTEES PRIMARILY FOR SCHOLARSHIPS AND LIBRARY ACQUISITIONS. THE FUNDS ARE HELD IN INVESTMENT ACCOUNTS AND WILL BE USED ONLY FOR PURPOSES STIPULATED BY THE DONORS OR AS DESIGNATED BY THE BOARD OF TRUSTEES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 122,785. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 122,785. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS NONDISCRIMINATION POLICY IN ITS STUDENT HANDBOOK, WHICH IS EMAILED TO ALL STUDENTS THE FIRST WEEK OF CLASSES FOR EACH SEMESTER. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES GOVERNMENT GRANTS FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION, AND THE UNITED STATES DEPARTMENT OF EDUCATION. ANNUAL GALA 477775 477775 122785 477775 477775 122785 122785 -122785 1 SCHOLARSHIPS 158 996873 MFA ASSISTANTSHIPS 16 76690 PART I, LINE 2: A STUDENT MUST COMPLETE A FAFSA APPLICATION FOR THE GIVEN ACADEMIC YEAR. THE STUDENT MUST BE ENROLLED IN A DEGREE SEEKING PROGRAM; NON MATRICULATED STUDENTS ARE NOT ELIGIBLE FOR FINANCIAL AID FUNDS. STUDENTS MUST ENROLL FOR AT LEAST 6 CREDITS TO RECEIVE ANY FEDERAL FUNDS, EXCEPT STUDENTS WHO QUALIFY FOR THE PELL GRANT PROGRAM. UNDERGRADUATE STUDENTS MUST MAINTAIN A CUMULATIVE GPA OF 2.0 AND GRADUATE STUDENTS MUST MAINTAIN A CUMULATIVE GPA OF 3.0 EACH SEMESTER. X 0 0 0 0 0 0 0 0 0 DAVID SPROULS PRESIDENT 256686 0 0 0 0 0 38503 0 43392 0 338581 0 0 0 ELLEN FISHER VP-ACADEMIC AFFAIRS & DEAN 180375 0 0 0 0 0 27056 0 30364 0 237795 0 0 0 JANE CHEN VP-FINANCE & ADMINISTRATIO 184275 0 0 0 0 0 27641 0 14687 0 226603 0 0 0 JOY COOPER DIRECTOR OF DEVELOPMENT 144326 0 0 0 0 0 21649 0 30364 0 196339 0 0 0 RICHARD CLASS ASSISTANT DEAN 123873 0 0 0 0 0 16626 0 43392 0 183891 0 0 0 YVONNE MORAY AVP-ADMINISTRATION 116969 0 0 0 0 0 17545 0 27962 0 162476 0 0 0 PART I - LINE 1 NEW YORK SCHOOL OF INTERIOR DESIGN'S SINGULAR FOCUS IS TO PROVIDE THE MOST INNOVATIVE, IMMERSIVE, AND TRANSFORMATIVE INTERIOR DESIGN EDUCATION IN THE WORLD. PART III - LINE 1 NEW YORK SCHOOL OF INTERIOR DESIGN'S SINGULAR FOCUS IS TO PROVIDE THE MOST INNOVATIVE, IMMERSIVE, AND TRANSFORMATIVE INTERIOR DESIGN EDUCATION IN THE WORLD. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL'S FINANCIAL OVERVIEW COMMITTEE REVIEWED THE CONTENTS OF THE FORM 990 AND AUTHORIZED THE FILING WITH THE IRS. A COPY OF THE FINAL FORM 990 WAS MADE AVAILABLE TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES PRIOR TO THE OFFICIAL FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH VOTING MEMBER OF THE BOARD OF TRUSTEES AND KEY INSTITUTIONAL EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AND DISCLOSURE POLICY AT THE FIRST (SEPT) QUARTERLY MEETING OF THE BOARD OF TRUSTEES. ANY SUCH INDIVIDUALS ARE REQUIRED TO CONFER WITH EITHER THE PRESIDENT OR VICE PRESIDENT OF FINANCE AND ADMINISTRATION IF THEY, OR THE INSTITUTION, SUSPECT A RELATIONSHIP OR TRANSACTION POSES A CONFLICT OF INTEREST. EITHER THE PRESIDENT OR VICE PRESIDENT OF FINANCE AND ADMINISTRATION WILL CONSIDER THE POTENTIAL FOR A CONFLICT AND APPROPRIATE STEPS NECESSARY TO AVOID OR REMEDIATE THAT CONFLICT. MOREOVER, AS PART OF THE BOARD'S ONGOING ASSESSMENT OF ITSELF, COMPLIANCE WITH THE INSTITUTION'S CONFLICT OF INTEREST POLICY IS ROUTINELY EVALUATED AND ENFORCED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES PERIODICALLY RETAINS THE SERVICES OF A COMPENSATION CONSULTANT TO EVALUATE COMPENSATION FOR THE INSTITUTION'S CEO AND OTHER KEY EMPLOYEES. THE COMPENSATION CONSULTANT USES CONTEMPORANEOUS COMPENSATION DATA BY POSITION AND ADJUSTS FOR SIZE, COMPLEXITY, OPERATING BUDGET AND LOCATION OF INSTITUTION. SALARY AND BENEFIT LEVELS FOR THE PRESIDENT AND SENIOR STAFF (VICE PRESIDENTS) ARE EVALUATED ON THE OCCASION OF THE APPOINTMENT OF A NEW (AND THE SITTING) PRESIDENT. COMPENSATION FOR THE CEO IS REVIEWED DURING THE NEGOTIATIONS OF THE CEO'S MULTI-YEAR CONTRACT. ANY SUBSTANTIAL INCREASE IN SALARY IS BASED ON COMPARABLE DATA, PERFORMANCE AND PROGRESS TOWARD RESEARCHING ESTABLISHED GOALS AND BENCHMARKS. THE BOARD CHAIR DETERMINES ANY SUBSTANTIAL INCREASES IN SALARY FOR THE PRESIDENT. THE PRESIDENT MAKES THE DETERMINATION ABOUT THE SALARY INCREASES FOR KEY EMPLOYEES, IN CONSULTATION, IF NECESSARY, WITH THE FINANCIAL OVERVIEW COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.