2019-04-02T13:50:55-05:00 2018-05-31 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2017-06-01 150532204 Ithaca College % WILLIAM GUERRERO VP FINANCE ITHA 6072743118 953 DANBY ROAD ITHACA NY 14850 WILLIAM GUERRERO VP FIN&ADMIN 6072743118 2019-04-02 true Scott Thompsett P00741490 2125990100 2019-04-02 209.220.136.124 26377520190925000001 2019-04-02 P BB689B47C4810116FFAF734305B3B6F212C66569 979609585EDF7A80B261DC170E7F22891F321D40 2017 2019-02-21 02:37:17Z SHIRLEY M COLLADO 953 DANBY ROAD ITHACA NY 14850 529064907 false X WWW.ITHACA.EDU X 1892 NY TO PROVIDE A FOUNDATION FOR A LIFETIME OF LEARNING, THE COLLEGE IS DEDICATED TO FOSTERING INTELLECTUAL GROWTH, AESTHETIC APPRECIATION, AND CHARACTER DEVELOPMENT IN OUR STUDENTS. 26 20 5498 22 409543 13413345 15991270 342820417 340754040 7041201 12647117 1608970 1486052 364883933 370878479 122189560 128361527 0 0 136325158 143389952 65900 88465 4873686 88608617 93477284 347189235 365317228 17694698 5561251 825272956 829643495 223217908 208281870 602055048 621361625 X TO PROVIDE A FOUNDATION FOR A LIFETIME OF LEARNING, ITHACA COLLEGE IS DEDICATED TO FOSTERING INTELLECTUAL GROWTH, AESTHETIC APPRECIATION, AND CHARACTER DEVELOPMENT IN OUR STUDENTS. THE ITHACA COLLEGE COMMUNITY THRIVES ON THE PRINCIPLES THAT KNOWLEDGE IS ACQUIRED THROUGH DISCIPLINE, COMPETENCE IS ESTABLISHED WHEN KNOWLEDGE IS TEMPERED BY EXPERIENCE, AND CHARACTER IS DEVELOPED WHEN COMPETENCE IS EXERCISED FOR THE BENEFIT OF OTHERS. A COMPREHENSIVE COLLEGE THAT SINCE ITS FOUNDING HAS RECOGNIZED THE VALUE OF COMBINING THEORY AND PERFORMANCE, ITHACA PROVIDES A RIGOROUS EDUCATION BLENDING LIBERAL ARTS AND PROFESSIONAL PROGRAMS OF STUDY. OUR TEACHING AND SCHOLARSHIP ARE MOTIVATED BY THE NEED TO BE INFORMED BY, AND TO CONTRIBUTE TO, THE WORLD'S SCIENTIFIC AND HUMANISTIC ENTERPRISES. LEARNING AT ITHACA EXTENDS BEYOND THE CLASSROOM TO ENCOMPASS A BROAD RANGE OF RESIDENTIAL, PROFESSIONAL, AND EXTRACURRICULAR OPPORTUNITIES. OUR UNDERGRADUATE AND GRADUATE STUDENTS, FACULTY, STAFF, AND ALUMNI ALL CO false false 224884204 128068065 273533085 INSTRUCTION, RESEARCH, AND PUBLIC SERVICE: ITHACA COLLEGE IS A PRIVATE, NONSECTARIAN, COEDUCATIONAL LIBERAL ARTS COLLEGE LOCATED IN ITHACA, NEW YORK. THE PRINCETON REVIEW CONSISTENTLY NAMES THE COLLEGE AMONG THE BEST COLLEGES IN THE NATION, WITH THE 2019 GUIDE RANKING THE COLLEGE #2 FOR THEATER, #8 FOR NEWSPAPER, AND #6 FOR RADIO, AND IS AMONG THE TOP SCHOOLS PRODUCING FULBRIGHT SCHOLARSHIP RECIPIENTS. IN FALL 2017, THE COLLEGE ENROLLED 5,936 FULL-TIME AND 123 PART-TIME UNDERGRADUATE STUDENTS AS WELL AS 457 GRADUATE STUDENTS. APPROXIMATELY 69% OF THE UNDERGRADUATE STUDENT BODY RESIDES IN ON-CAMPUS HOUSING. FOR THE 2017-2018 ACADEMIC YEAR, THE COLLEGE CONFERRED 1,444 UNDERGRADUATE AND 273 GRADUATE DEGREES, AND EMPLOYED 532 FULL-TIME AND 189 PART-TIME AND ADJUNCT FACULTY. THE COLLEGE OFFERS A CURRICULUM WITH MORE THAN 100 DEGREE PROGRAMS IN ITS FIVE SCHOOLS. ROY H. PARK SCHOOL OF COMMUNICATIONS: THE SCHOOL OF COMMUNICATIONS, RECOGNIZED AS A LEADING UNDERGRADUATE COMMUNICATIONS SCHOOL, IS KNOWN FOR ITS PROMINENT STUDENT-RUN MEDIA VEHICLES, INCLUDING: THE ITHACAN, THE COLLEGES OFFICIAL WEEKLY NEWSPAPER; ITHACA COLLEGE TELEVISION; AND THE WICB RADIO STATION. THE SCHOOL ALSO OFFERS THE LOS ANGELES PROGRAM, AN INTERNSHIP-BASED PROGRAM THAT PROVIDES STUDENTS WITH PROFESSIONAL EXPERIENCE IN THEIR CHOSEN FIELD WHILE TAKING INDUSTRY-RELATED COURSES AT THE JAMES B. PENDLETON CENTER, LOCATED MINUTES FROM BURBANK AND HOLLYWOOD. SCHOOL OF BUSINESS: ACCREDITED BY THE ASSOCIATION OF ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB), THE SCHOOL OF BUSINESS OFFERS A RIGOROUS PROFESSIONAL EDUCATION, OFFERING A RANGE OF UNDERGRADUATE PROGRAMS, CONCENTRATIONS, AND MINORS, AS WELL AS GRADUATE LEVEL AND CERTIFICATE PROGRAMS. STUDENTS PARTICIPATE IN THE PROFESSIONS PROGRAM, A PROFESSIONAL DEVELOPMENT CURRICULUM THAT ALLOWS STUDENTS TO DEVELOP PROGRESSIVE SKILLS AND GAIN EXPERIENCES THAT WILL PREPARE THEM FOR COMPETITIVE INTERNSHIPS AND CAREERS. SCHOOL OF MUSIC: TRACING ITS ROOTS TO THE COLLEGES FOUNDING IN 1892 AS A CONSERVATORY OF MUSIC, THE SCHOOL OF MUSIC PROVIDES STATE-OF-THE-ART FACILITIES, FEATURES OVER 25 ENSEMBLES, AND PRESENTS ABOUT 400 PERFORMANCES ANNUALLY. THE SCHOOL IS HOST TO SEVERAL SUMMER MUSIC OPPORTUNITIES TO MUSICIANS OF ALL AGES, INCLUDING THE SUMMER MUSIC ACADEMY AND THE SUMMER PIANO INSTITUTE. THROUGH THE MUSIC IN THE COMMUNITY PROGRAM, THE SCHOOL CONNECTS STUDENTS WITH THE COMMUNITY BY CREATING PERFORMANCE AND TEACHING OPPORTUNITIES IN THE GREATER ITHACA AREA. SCHOOL OF HUMANITIES & SCIENCES (H&S): A LIBERAL ARTS EDUCATION IN THE SCHOOL OF H&S PREPARES STUDENTS FOR LIFE IN A RAPIDLY CHANGING, MULTICULTURAL, AND GLOBALLY INCLUSIVE WORLD. H&S STUDENTS RECEIVE A BROAD FOUNDATIONAL UNDERSTANDING OF ISSUES FACING THE HUMAN COMMUNITY. STUDENTS BUILD THEIR OWN INTEGRATIVE AND CROSS-DISCIPLINARY VERSION OF AN H&S EDUCATION. THE DEPARTMENT OF THEATRE ARTS DRAWS STUDENTS FROM ACROSS THE UNITED STATES AND THE WORLD, AND IS ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF THEATRE. SCHOOL OF HEALTH SCIENCES AND HUMAN PERFORMANCE (HS&HP): THE SCHOOL OF HS&HPS STUDENTS TOUCH PEOPLES LIVES AS CLINICIANS, THERAPISTS, RESEARCHERS, ADMINISTRATORS, RECREATION AND SPORT PROFESSIONALS. HS&HP STUDENTS CHOOSE FROM MORE THAN 1,700 ORGANIZATIONS ACROSS THE NATION TO ENGAGE IN INTERNSHIPS AND FIELDWORK, AND CAN HELP CLIENTS AT ONE OF FOUR ON-CAMPUS CLINICS. THE SCHOOL OFFERS A RANGE OF UNDERGRADUATE PROGRAMS, AS WELL AS GRADUATE PROGRAMS IN AREAS OF EXERCISE AND SPORT SCIENCES, HEALTH PROMOTION AND PHYSICAL EDUCATION, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, AND SPEECH-LANGUAGE PATHOLOGY AND AUDIOLOGY. STUDENTS ARE ENCOURAGED TO PARTICIPATE IN ONE OF THE COLLEGES MANY STUDY ABROAD OPPORTUNITIES. THE COLLEGE OPERATES THE ITHACA COLLEGE LONDON CENTER, WHICH IS LOCATED IN THE HEART OF THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA AND IS AMONG THE LONGEST-STANDING STUDY ABROAD PROGRAMS IN LONDON. THE COLLEGE PROVIDES STUDENTS OPPORTUNITIES TO ENGAGE IN EXPERIENTIAL LEARNING THROUGH SCHOLARSHIP, RESEARCH, AND CREATIVE PERFORMANCE. RESEARCH IS FUNDED SUBSTANTIALLY BY PRIVATE SOURCES AND GOVERNMENTAL AGENCIES. DURING THE 2017-2018 ACADEMIC YEAR, FACULTY MEMBERS AND OTHERS ENGAGED IN SPONSORED RESEARCH RECEIVED $800,000 IN AWARDS FROM EXTERNAL FUNDING AGENCIES. 41065585 164145 65311910 AUXILIARY SERVICES: AUXILIARY ENTERPRISES EXIST TO FURNISH GOODS OR SERVICES TO STUDENTS, FACULTY, STAFF, AND OTHER INSTITUTIONAL DEPARTMENTS. AUXILIARY ENTERPRISES ARE MANAGED TO OPERATE AS SELF-SUPPORTING ACTIVITIES. MAJOR AUXILIARY ENTERPRISES AT THE COLLEGE INCLUDE THE FOLLOWING: DINING SERVICES, ADMINISTERED BY SODEXO, WHICH OPERATES 3 RESIDENTIAL AND 10 RETAIL DINING FACILITIES LOCATED THROUGHOUT THE CAMPUS, AND PROMOTES ENVIRONMENTAL AWARENESS THROUGH A VARIETY OF SUSTAINABILITY PROGRAMS; CONFERENCE AND EVENT SERVICES, WHICH PROVIDES A FULL RANGE OF MEETING AND EVENT SERVICES TO INTERNAL AND EXTERNAL CLIENTS; AND THE HAMMOND HEALTH CENTER, ACCREDITED BY THE ACCREDITATION ASSOCIATION FOR AMBULATORY HEALTH CARE, INC. 29131328 78067 1909045 STUDENT SERVICES: STUDENT SERVICES INCLUDE EXPENSES INCURRED FOR OFFICES OF ADMISSIONS AND THE REGISTRAR, STUDENT AID ADMINISTRATION, AND ACTIVITIES WITH THE PRIMARY PURPOSE OF CONTRIBUTING TO STUDENTS EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. STUDENT SERVICES ALSO INCLUDES THE COLLEGES MULTITUDE OF ATHLETICS PROGRAMS. THE COLLEGES VARSITY TEAMS COMPETE AT THE DIVISION III LEVEL OF THE NCAA. THE COLLEGE IS ALSO A MEMBER OF THE EASTERN COLLEGE ATHLETIC CONFERENCE, AND, BEGINNING JULY 1, 2017, THE LIBERTY LEAGUE. PRIOR TO JOINING THE LIBERTY LEAGUE, THE ITHACA BOMBERS WERE CHARTER MEMBERS OF THE EMPIRE 8. INTERCOLLEGIATE SPORTS INCLUDE BASEBALL, BASKETBALL, CREW, CROSS COUNTRY RUNNING, FIELD HOCKEY, FOOTBALL, GOLF, GYMNASTICS, LACROSSE, SCULLING, SOCCER, SOFTBALL, SWIMMING & DIVING, TENNIS, TRACK & FIELD, VOLLEYBALL, AND WRESTLING. THE COLLEGE ALSO HAS A LARGE INTRAMURAL SPORTS PROGRAM, IN WHICH APPROXIMATELY 20% OF STUDENTS PARTICIPATE, AND WHICH OFFERS A VARIETY OF SPORTS INCLUDING SOCCER, VOLLEYBALL, FLAG FOOTBALL, AND BASKETBALL, IN ADDITION TO SINGLE DAY EVENTS SUCH AS TENNIS TOURNAMENTS AND BATTLESHIP. THE COLLEGE IS ALSO HOME TO MORE THAN 60 CLUB SPORTS, MANY OF WHICH COMPETE REGULARLY AGAINST OTHER COLLEGES IN LEAGUES AND TOURNAMENTS. STUDENT SERVICES ALSO INCLUDES EXPENSES FOR THE OFFICE OF STUDENT ENGAGEMENT AND MULTICULTURAL AFFAIRS, WHICH PROVIDES THE FIRST-YEAR EXPERIENCE AND ORIENTATION, AND OVERSEES STUDENT ACTIVITIES, MULTICULTURAL EVENTS, AND STUDENT ORGANIZATIONS. THE OFFICE OF CAREER SERVICES, SERVING BOTH STUDENTS AND ALUMNI, PROVIDES CAREER-RELATED EDUCATION, EXPERIENTIAL LEARNING, PROFESSIONAL DEVELOPMENT, AND POST-GRADUATE OPPORTUNITIES FOR THE BENEFIT OF STUDENTS AND ALUMNI. 22437306 0 0 317518423 true true false true false false true true false true true true false false true true true false true true true true true true true false false true true true true false false false false false false true false true false true false false false false false false false false true 535 0 true 5498 true true true true UK false false false true true false false false false X 26 20 false false false false false false false true true false false true true true true true true true true false CA X X WILLIAM GUERRERO VP FINANCE 6072743118 953 DANBY ROAD ITHACA NY 14850 Thomas H Grape thru 53118 Chair, Board of Trustees 1.0 0.0 X X 0 0 0 David H Lissy vice Chair, Board of Trustees 1.0 0.0 X X 0 0 0 David J Bachrach Trustee 1.0 0.0 X 0 0 0 Michael A Battle Trustee 1.0 0.0 X 0 0 0 Michael J Conover Trustee 1.0 0.0 X 0 0 0 Jack H Dembow Trustee (as of 6/2017) 1.0 0.0 X 0 0 0 Mark N Dicker Trustee 1.0 0.0 X 0 0 0 David Fleisher II Trustee 1.0 0.0 X 0 0 0 Thaddeus J Fortin Trustee 1.0 0.0 X 0 0 0 David A Giannotti Trustee (thru 5/31/2018) 1.0 0.0 X 0 0 0 Gary J Gross Trustee 1.0 0.0 X 0 0 0 Charles R Hack Trustee 1.0 0.0 X 0 0 0 Kristin R Muenzen Trustee 1.0 0.0 X 0 0 0 William J Nelligan III Trustee 1.0 0.0 X 0 0 0 James W Nolan Jr Trustee 1.0 0.0 X 0 0 0 Mary G Opperman Trustee 1.0 0.0 X 0 0 0 Lisa B Puntillo Trustee 1.0 0.0 X 0 0 0 Jeffrey J Selingo Trustee 1.0 0.0 X 0 0 0 G Gabrielle Starr Trustee (thru 5/31/2018) 1.0 0.0 X 0 0 0 Peter R Taffae Trustee 1.0 0.0 X 0 0 0 James E Taylor Trustee 1.0 0.0 X 0 0 0 Douglas M Weisman Trustee 1.0 0.0 X 0 0 0 Elijah T Greene Student Trustee (thru 5/31/18) 1.0 0.0 X 0 0 0 Sybil M Conrad Trustee, Staff 40.0 0.0 X 58344 0 14546 Julie A Dorsey Trustee, Faculty 40.0 0.0 X 82555 0 31532 Shirley M Collado President (as of 7/2017) 40.0 0.0 X X 334879 0 31062 Thomas R Rochon President (thru 6/2017) 40.0 0.0 X X 868151 0 81822 Nancy E Pringle non-voting Secretary, Senior VP, GC 40.0 0.0 X X 257603 0 89737 Christopher M Biehn VP Institutional Advancement 40.0 0.0 X 252909 0 50836 Brian K Dickens VP Human Resources 40.0 0.0 X 202878 0 47189 Rosanna Ferro as of 102017 VP Student Affairs 40.0 0.0 X 35286 0 8317 Linda Petrosino Interim VP Edu Aff. & Provost 40.0 0.0 X 224445 0 37941 Gerard R Turbide VP Enrollment Management 40.0 0.0 X 180754 0 25935 Janet L Williams Interim VP Finance & Admin. 40.0 0.0 X 186246 0 17622 Timothy R Carey Associate VP, Facilities 40.0 0.0 X 217382 0 19934 David L Weil Associate VP & CIO 40.0 0.0 X 163611 0 24139 Diane M Gayeski Dean, school of Communications 40.0 0.0 X 195658 0 26679 Sean F Reid Dean, Business 40.0 0.0 X 313603 0 91869 Vincent Wei-Cheng Wang Dean, Humanities & Sciences 40.0 0.0 X 170967 0 38957 Karl Paulnack Dean, Music 40.0 0.0 X 168820 0 33970 Gwen Seaquist Professor 40.0 0.0 X 189335 0 24229 Jeffrey W Lippitt Associate Professor and Chair 40.0 0.0 X 176445 0 27803 Marie C Blouin Assistant Professor 40.0 0.0 X 171411 0 19762 Stephen Tropiano Director & Associate Professor 40.0 0.0 X 166636 0 20354 Steven Ginsberg Chair & Associate Professor 40.0 0.0 X 161404 0 20095 Benjamin Rifkin Professor & Former VP 40.0 0.0 X 112730 0 11567 4892052 0 795897 149 true true false Sodexo Inc Affiliates 100 EARHART DRIVE WILLIAMSVILLE NY 14221 FOOD & FACILITIES 9991337 ARCHITECTURAL CONCRETE PLUS LLC 69 HOLLISTER STREET DUNDEE NY 14837 GENERAL CONSTRUCTION 5037202 WELLIVER MCGUIRE INC 250 NORTH GENESEE STREET MONTOUR FALLS NY 14865 GENERAL CONSTRUCTION 2334346 FREY CAMPBELL INC 87 LAKE STREET HAMMONDSPORT NY 14840 HVAC CONTRACTORS 1632879 JOHN MILLS ELECTRIC INC 1836 GRAND CENTRAL AVENUE ELMIRA HEIGHTS NY 14903 GENERAL CONSTRUCTION 1601471 75 7520 3426161 12557589 352396 15991270 TUITION & FEES 900099 271179737 271179737 ROOM & BOARD 721310 63218051 63218051 ANCILLARY STUDENT SERVICES/ACTIVITIES 611710 2353348 2353348 STUDENT INSURANCE 900099 1735143 1735143 CONFERENCE & EVENT SERVICES 900099 887972 677447 210525 1379789 1379789 340754040 6959026 157294 6801732 0 48416 48416 67026 0 67026 0 67026 41724 25302 161829205 12469 156153583 5675622 12469 5688091 5688091 36903 7520 21777 15126 15126 0 0 0 2851904 2011068 840836 840836 REBATES & REFUNDS 900099 375244 375244 FEDERAL PERKINS LOAN ADMIN ALLOWANCE 900099 60810 60810 STUDENT ACTIVITY SPONSORSHIPS 541800 25447 25447 53147 53147 514648 370878479 340004562 409543 14473104 X 408677 408677 124395770 124395770 3557080 3557080 0 4389021 823993 3211648 353380 0 105270563 88587869 14474689 2208005 7290147 6062861 1227286 19051373 15154041 3090641 806691 7388848 6144946 1243902 519750 519750 294956 25219 269737 189951 189951 0 88465 88465 1383512 1383512 23644504 19810706 3609802 223996 415474 190649 222635 2190 9987585 6593495 2792117 601973 6961557 2270985 4604881 85691 0 6190424 5856016 334408 0 5346706 4725835 421938 198933 0 1466787 256294 943469 267024 6765232 6765232 0 21937143 20261535 1675608 2995278 1981535 1013743 REPAIRS & MAINTENANCE 1850713 1448517 401567 629 TAXES, LICENSES & PERMITS 889891 850915 36419 2557 RECRUITING EXPENSES 762037 396220 337613 28204 DUES & MEMBERSHIPS 465131 237470 221713 5948 1410653 192813 1217840 365317228 317518423 42925119 4873686 31225 41630 33747004 11124319 4341799 4605081 2630594 3113044 0 0 0 0 9704254 9249714 757591 676085 2366486 2963254 651026571 277231770 372551667 373794801 164567133 178198437 234575203 245705620 0 0 0 0 0 171510 825272956 829643495 30537278 24640573 0 0 7343242 4638793 126773960 122878495 0 0 0 0 23920920 23102268 0 0 34642508 33021741 223217908 208281870 X 437743407 449434570 111310533 115039619 53001108 56887436 602055048 621361625 825272956 829643495 X 5561251 12733400 1011926 X false true X true true true X 12026192 17200714 11918471 13413345 15991270 70549992 0 0 12026192 17200714 11918471 13413345 15991270 70549992 12065070 58484922 1870377 2445427 2588832 7122332 6875450 20902418 24615 180378 204993 7753918 1355228 239685 4592208 4783244 18724283 110381686 1650533396 0.52984 0.50085 X false false false false false false false false true 8118 8118 false SCHEDULE C, PART II-B, LINE 1(I) THE COLLEGE IS A MEMBER OF ORGANIZATIONS LISTED AS REGISTRANTS ON THE LOBBYING DISCLOSURE ACT DATABASE. LINE 1(I) REPORTS 25% OF MEMBERSHIP DUES PAID TO THESE ORGANIZATIONS DURING THE COLLEGE'S FISCAL YEAR. X X 2 101.00 1 true 20.00 true 1250000 X false 300715519 3894502 23117965 2063803 9638837 316025346 267328459 7532678 34451515 1908400 6688733 300715519 288038497 1589083 -11984785 1646352 8667984 267328459 268451287 17276171 12339814 1495075 8533700 288038497 243514286 5730558 27784439 1525211 7052785 268451287 0.68800 0.17030 0.14170 false false 13420615 13420615 536156138 218139740 318016398 2756567 570325 2186242 66895599 38559708 28335891 31797652 19961997 11835655 373794801 FIXED INCOME (LP INVESTMENTS) 13375557 F PUBLIC EQUITIES (LP INVESTMTS) 145172905 F HEDGE FUNDS 54523804 F PRIVATE EQUITY 13072806 F REAL ESTATE FUNDS 19560548 F 245705620 0 POSTRETIREMENT BENEFIT OBLIGATION 14332335 INTEREST RATE SWAP AGREEMENTS 8905484 US GOVERNMENT GRANTS REFUNDABLE 8171473 CONDITIONAL ASSET RETIREMENT OBLIG. 1612449 33021741 X 260415702 12733400 4006416 16739816 243675886 1383512 125819081 127202593 370878479 238114635 2032845 2032845 236081790 1383512 127851926 129235438 365317228 SCHEDULE D, PART II, LINE 9 HOW THE ORGANIZATION REPORTS CONSERVATION EASEMENTS THE CONSERVATION EASEMENTS ARE NOT REPORTED ON THE BALANCE SHEET OR IN FOOTNOTES TO THE ORGANIZATION'S FINANCIAL STATEMENTS. THE AMOUNTS ARE CONSIDERED IMMATERIAL. SCHEDULE D, PART III, LINE 4 DESCRIPTION OF THE ORGANIZATION'S COLLECTIONS AND HOW THEY FURTHER ITS EXEMPT PURPOSE THE COLLEGES COLLECTION CONSISTS SOLELY OF A SCULPTURE RECEIVED AS A NON-CASH CONTRIBUTION IN DECEMBER 2016. THE SCULPTURE, TITLED "THE DRUMMER", WAS CREATED BY BARRY FLANAGAN, A WELSH SCULPTOR BEST KNOWN FOR HIS BRONZE STATUES OF HARES AND OTHER ANIMALS. MR. FLANAGANS WORK CAN BE FOUND AT THE NATIONAL GALLERY OF ART SCULPTURE GARDEN IN WASHINGTON, D.C.; AND IN PUBLIC SPACES IN NEW YORK CITY, LONDON, COLOGNE, OKLAHOMA CITY, AND ON COLLEGE CAMPUSES AROUND THE WORLD. THE ADDITION OF THIS SCULPTURE TO OUR CAMPUS LANDSCAPE ELEVATES THE COLLEGES REPUTATION IN THE ART WORLD, AND SERVES AS AN ON-CAMPUS PIECE THAT IS STUDIED BY STUDENTS, ESPECIALLY THOSE IN ART HISTORY AND ART CONSERVATION CLASSES. THIS HELPS SUPPORT THE COLLEGES MISSION TO FOSTER INTELLECTUAL GROWTH, AESTHETIC APPRECIATION, AND CHARACTER DEVELOPMENT IN OUR STUDENTS. SCHEDULE D, PART V, LINE 4 INTENDED USES OF ENDOWMENT FUNDS THE INTENDED USE OF THE COLLEGE'S ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS, AND TO SUPPORT THE COLLEGE'S EDUCATIONAL PROGRAMS. SCHEDULE D, PART X, LINE 2 FIN 48 DISCLOSURE THE COLLEGE FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE COLLEGE HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE COLLEGE HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED MAY 31, 2018 AND May 31, 2017. RECONCILIATION OF REVENUE SCHEDULE D, PART XI LINE 2D: ADJUSTMENT TO self-insured medical liability $1,063,843 LINE 2D: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS $2,942,573 TOTAL $4,006,416 LINE 4B: FINANCIAL AID NETTED ON FINANCIALS $127,851,926 LINE 4B: FUNDRAISING EXPENSES ($21,777) LINE 4B: COST OF GOOD SOLD (CAMPUS STORE) ($2,011,068) TOTAL $125,819,081 RECONCILIATION OF EXPENSES SCHEDULE D, PART XII LINE 2D: FUNDRAISING EXPENSES $21,777 LINE 2D: COST OF GOOD SOLD (CAMPUS STORE) $2,011,068 TOTAL $2,032,845 LINE 4B: FINANCIAL AID NETTED ON FINANCIALS $127,851,926 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY THE COLLEGE'S NONDISCRIMINATORY POLICY APPEARS ON THE COLLEGE'S WEBSITE. SCHEDULE E, PART I, LINE 6 EXPLANATION OF GOVERNMENT FINANCIAL AID THE COLLEGE RECEIVES ASSISTANCE FROM THE US DEPARTMENT OF EDUCATION AND THE NEW YORK STATE EDUCATION DEPARTMENT TO FUND FINANCIAL AID PROGRAMS. THE COLLEGE RECEIVES ASSISTANCE FROM A VARIETY OF OTHER FEDERAL AND STATE AGENCIES TO FUND RESEARCH AND OTHER GRANT AWARDS. true Central America and the Caribbean 33 Program Services Conferences & Research 39275 Central America and the Caribbean 35 Program Services Study Abroad 63855 Central America and the Caribbean Grantmaking 126451 Central America and the Caribbean Investments 44982285 East Asia and the Pacific Grantmaking 382918 East Asia and the Pacific 35 Program Services Conferences & Research 75506 East Asia and the Pacific 20 Program Services Study Abroad 48148 East Asia and the Pacific 1 Program Services Recruiting 1069 Europe (Including Iceland and Greenland) 1 97 Program Services Study Abroad 1319559 Europe (Including Iceland and Greenland) 7 Maintaining offices 17480 Europe (Including Iceland and Greenland) 130 Program Services Conferences & Research 241730 Europe (Including Iceland and Greenland) 2 Program Services Recruiting 6603 Europe (Including Iceland and Greenland) Grantmaking 2756009 Europe (Including Iceland and Greenland) Investments 19035 North America 69 Program Services Conferences & Research 74929 North America 20 Program Services Study Abroad 6504 North America 2 Program Services Recruiting 2090 Russia and the Newly Independent States 2 Program Services Conferences & Research 9361 South America 10 Program Services Conferences & Research 18427 South America 24 Program Services Study Abroad 46561 South America Grantmaking 115162 South Asia 3 Program Services Conferences & Research 6439 South Asia 1 Program Services Recruiting 12185 South Asia Grantmaking 121810 Sub-Saharan Africa 5 Program Services Conferences & Research 17011 Sub-Saharan Africa 6 Program Services Study Abroad 17582 Sub-Saharan Africa Grantmaking 54730 Middle East and North Africa 1 Program Services Conferences & Research 2514 1 451 52 1 503 50163446 421782 50585228 South Asia Subreceipt of Fed Grants 97338 EFT/Wire 1 0 Scholarship East Asia and the Pacific 67 382918 EFT/Wire Scholarship Europe (Including Iceland and Greenland) 498 2756009 EFT/Wire Scholarship Central America and the Caribbean 16 126451 EFT/Wire Scholarship South America 19 115162 EFT/Wire Scholarship South Asia 4 24472 EFT/Wire Scholarship Sub-Saharan Africa 9 54730 EFT/Wire true false true true true false SCHEDULE F, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANTS AND OTHER ASSISTANCE THE COLLEGE FOLLOWS THE OMB UNIFORM GUIDANCE WITH RESPECT TO MONITORING THE USE OF FUNDS OF SUBRECIPIENTS OF FEDERAL AWARDS. SCHOLARSHIPS GIVEN TO STUDENTS ARE CREDITED TO EACH STUDENT'S COLLEGE ACCOUNT TO BE USED FOR TUITION & FEES FOR THE EDUCATIONAL PROGRAM. THE FUNDS EXPENDED FOR TRAVEL AND ATTENDING CONFERENCES ARE ACCOUNTED FOR WHEN TRAVEL REPORTS ARE SUBMITTED TO ITHACA COLLEGE. SCHEDULE F, PART I, LINE 3 EXPENDITURES ARE REPORTED ON AN ACCRUAL BASIS ACCORDING TO GAAP, CONSISTENT WITH THE ITHACA COLLEGE METHOD OF ACCOUNTING. SCHEDULE F, PART IV, LINE 4 FOREIGN FILING REQUIREMENTS ITHACA COLLEGE INVESTS DIRECTLY IN A VARIETY OF ALTERNATIVE INVESTMENTS THAT ARE STRUCTURED AS EITHER FOREIGN CORPORATIONS, FOREIGN LIMITED PARTNERSHIPS OR DOMESTIC LIMITED PARTNERSHIPS. THE LIMITED PARTNERSHIP INVESTMENTS MAY, IN TURN, OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. TO THE EXTENT THAT ITHACA COLLEGE IS REQUIRED TO COMPLETE A FORM 926, 5471, 8621 OR 8865 BECAUSE ITS INVESTMENT EXCEEDS THE FILING THRESHOLD, THOSE FORMS HAVE BEEN ATTACHED TO THE ORGANIZATION'S FORM 990-T FILING. X X X X X X X true Washburn McGoldrick LLC See Part IV false 0 61799 -61799 West Wind Consulting See PArt IV false 0 26666 -26666 0 88465 -88465 All States GOLF OUTING 44423 7520 36903 6150 10127 5500 0 44423 7520 36903 6150 10127 5500 21777 15126 Schedule G, Part I Line 2b, Column (II) Washburn & McGoldrick, LLC performs consulting services related to the college's fundraising campaigns. West Wind Consulting Strategies in Fundraising, LLC performs consulting on multiple programs related to fundraising. Line 2b, Column (v) In addition to the $61,799 paid to Washburn & McGoldrick, LLC for professional fundraising services, the College paid the fundraiser $2,551 in separately itemized reimbursable expenses. true Hillel of Ithaca College 953 Danby Rd Muller Chpl Ithaca NY 14850 521758795 501(c)(3) 117645 Annual operating payment of $53,378 plus contributions received & remitted by Ithaca College. UC Fellowship Protestant Comm at Ithaca 953 Danby Rd Muller Chpl Ithaca NY 14850 150625200 501(c)(3) 64275 Annual operating payment of $53,378 plus contribut Ithaca College Newman Foundation 953 Danby Rd Muller Chpl Ithaca NY 14850 161188280 501(c)(3) 60291 Annual operating payment of $53,378 plus contribut National Merit Scholarship Corporation 1560 Sherman Ave No 200 Evanston IL 60201 362307745 501(c)(3) 12000 Annual remittance to merit scholarship program. Tompkins County Area Development 401 E State St Suite 402B Ithaca NY 14850 166058339 501(c)(6) 15000 Support the organization's development of local economy. Cornell University 341 Pine Tree Rd Ithaca NY 14850 150532082 501(c)(3) 30000 Agency payment for operating budget for Rev Ithaca Startup Works. Planetary Science Institute 1700 EFt LowellSte 106 Tucson AZ 85719 330175263 501(c)(3) 30536 Payment to subrecipient of Federal grant (CFDA 43.001). Northeastern Illinois University 5500 N St Louis Ave Chicago IL 60625 366009515 501(c)(3) 44470 Payment to subrecipient of Federal grant (CFDA 93.859). Research Foundation of SUNY PO Box 9 Albany NY 12201 141368361 501(c)(3) 15616 Contribution to Access to College Education (ACE) Bowling Green State University 1001 E Wooster St Bowling Green OH 43403 346402018 Gov't 12594 Payment to subrecipient of Federal grant (CFDA 47.076). 9 1 Scholarships 5394 124372985 Scholarships awarded to employees 9 7200 Federal grant subawards 2 15585 SCHEDULE I, PART I, LINE 2 THE PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS TO ORGANIZATIONS IN THE UNITED STATES VARY BASED ON THE NATURE OF THE AGREEMENT WITH THE GRANTEE. ORGANIZATIONS OPERATING OUT OF THE MULLER CHAPEL (HILLEL, PROTESTANT COMMUNITY AND NEWMAN FOUNDATION) ARE SUBJECT TO OVERSIGHT BY COLLEGE EMPLOYEES. For grants to the National Merit Scholarship Corporation, Tompkins County Area Development, Research Foundation of SUNY, and Cornell University, the College relegates responsibility for monitoring the use of grant funds to individuals within those organizations. The college follows the OMB Uniform Guidance with respect to monitoring the use of funds of subrecipients of Federal awards (Planetary Science Institute, Bowling Green State University, and Northeastern Illinois University). STUDENTS MUST MEET THE CRITERIA SPECIFIED IN THE SCHOLARSHIP PROGRAM IN ORDER TO RECEIVE THE SCHOLARSHIP. FOR ONGOING SCHOLARSHIPS, STUDENTS MUST CONTINUE TO MEET THE CRITERIA IN ORDER TO BE AWARDED A SCHOLARSHIP IN SUBSEQUENT YEARS. X X true true X X X true true false false false false false true false Shirley M Collado President (as of 7/2017) 235410 0 25000 0 74469 0 25000 0 6062 0 365941 0 0 0 Thomas R Rochon President (thru 6/2017) 196413 0 0 0 671738 0 22049 0 59773 0 949973 0 98419 0 Nancy E Pringle non-voting Secretary, Senior VP, GC 244478 0 0 0 13125 0 22688 0 67049 0 347340 0 0 0 Christopher M Biehn VP Institutional Advancement 252909 0 0 0 0 0 23667 0 27169 0 303745 0 0 0 Brian K Dickens VP Human Resources 201878 0 1000 0 0 0 19097 0 28092 0 250067 0 0 0 Linda Petrosino Interim VP Edu Aff. & Provost 221945 0 2500 0 0 0 20482 0 17459 0 262386 0 0 0 Gerard R Turbide VP Enrollment Management 180754 0 0 0 0 0 16369 0 9566 0 206689 0 0 0 Janet L Williams Interim VP Finance & Admin. 186246 0 0 0 0 0 16689 0 933 0 203868 0 0 0 Timothy R Carey Associate VP, Facilities 216632 0 750 0 0 0 19388 0 546 0 237316 0 0 0 David L Weil Associate VP & CIO 163611 0 0 0 0 0 14953 0 9186 0 187750 0 0 0 Diane M Gayeski Dean, school of Communications 195358 0 300 0 0 0 17784 0 8895 0 222337 0 0 0 Sean F Reid Dean, Business 313603 0 0 0 0 0 28895 0 62974 0 405472 0 0 0 Vincent Wei-Cheng Wang Dean, Humanities & Sciences 170967 0 0 0 0 0 15865 0 23092 0 209924 0 0 0 Karl Paulnack Dean, Music 168820 0 0 0 0 0 15585 0 18385 0 202790 0 0 0 Gwen Seaquist Professor 137949 0 0 0 51386 0 12842 0 11387 0 213564 0 0 0 Jeffrey W Lippitt Associate Professor and Chair 168443 0 0 0 8002 0 15655 0 12148 0 204248 0 0 0 Marie C Blouin Assistant Professor 154711 0 0 0 16700 0 14261 0 5501 0 191173 0 0 0 Stephen Tropiano Director & Associate Professor 125078 0 0 0 41558 0 11459 0 8895 0 186990 0 0 0 Steven Ginsberg Chair & Associate Professor 122201 0 0 0 39203 0 11200 0 8895 0 181499 0 0 0 Benjamin Rifkin Professor & Former VP 111197 0 0 0 1533 0 10066 0 1501 0 124297 0 0 0 SCHEDULE J, PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE PRESIDENT ROCHON'S NON-TAXABLE BENEFITS INCLUDE THE FAIR RENTAL VALUE OF THE COLLEGE-OWNED PRESIDENT'S RESIDENCE USED OCCASIONALLY FOR INSTITUTIONAL EVENTS, VALUED AT $20,500. PRESIDENT COLLADO'S OTHER REPORTABLE COMPENSATION INCLUDES IMPUTED HOUSING INCOME TOTALING $26,000 FROM A PRIVATE USE RESIDENCE PLANNED TO BE IN SERVICE UNTIL A PERMANENT RESIDENCE IS AVAILABLE. VICE PRESIDENT FERRO'S OTHER REPORTABLE COMPENSATION INCLUDES IMPUTED HOUSING INCOME TOTALING $2,600 FROM TEMPORARY USE OF A college-owned RESIDENCE DURING THE BEGINNING OF EMPLOYMENT. SCHEDULE J, PART I, LINE 1A TAX INDEMNIFICATION AND GROSS-UP PAYMENTS PRESIDENT COLLADO AND VICE PRESIDENT FERRO RECEIVED GROSS-UP PAYMENTS RELATED TO TEMPORARY HOUSING PROVIDED BY THE COLLEGE TOTALING $27,094 AND $1,506, RESPECTIVELY. SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS PRESIDENT ROCHON'S SERVICE TO THE COLLEGE WAS COMPLETED IN JUNE 2017. IN ACCORDANCE WITH THE BOARD-APPROVED SEVERANCE COMPENSATION AGREEMENT, PRESIDENT ROCHON RECEIVED TRANSITION AND SEPARATION PAYMENTS TOTALING $562,065. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN IN 2017, PRESIDENT ROCHON RECEIVED A DISTRIBUTION FROM AN IRC SECTION 457(F) NON-QUALIFIED DEFERRED COMPENSATION PLAN TOTALING $98,419; THE DISTRIBUTION IS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). THIS DISTRIBUTION IS COMPRISED OF THE COLLEGES CONTRIBUTION TO THE 457(F) PLAN THAT WAS REPORTED AS DEFERRED COMPENSATION ON SCHEDULE J, PART II, COLUMN (C) IN THE PRIOR YEAR. ACCORDINGLY THIS AMOUNT IS ALSO REPORTED ON SCHEDULE J, PART II, COLUMN (F) FOR THE CURRENT YEAR. DURING CALENDAR YEAR END 2017, PRESIDENT SHIRLEY M. COLLADO, RECEIVED EMPLOYER CONTRIBUTIONS IN THE COLLEGES SECTION 457(F) PLAN TOTALING $25,000. THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN (C). SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS BONUS PAYMENTS - IN ACCORDANCE WITH THE COLLEGE'S COMPENSATION POLICIES, EMPLOYEES WHO HAVE MADE SPECIFIC AND SIGNIFICANT ACCOMPLISHMENTS AND WHO HAVE PERFORMED WELL IN SUPPORT OF A PROJECT OR INITIATIVE DURING THE YEAR MAY BE RECOGNIZED WITH A ONE-TIME MERIT PAYMENT. THESE PAYMENTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B)(II). TRANSITION PAYMENT - PRESIDENT COLLADO RECEIVED A ONE-TIME TRANSITION PAYMENT OF $25,000. THIS PAYMENT IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(II). A Tompkins County Industrial Development Agency 161214039 890099CQ5 2004-11-10 31100000 Construction & Renovation false false false B Tompkins County Industrial Development Agency 161214039 890099CZ5 2013-12-09 40290000 REISSUANCE OF SERIES 2005B false false false C Tompkins County Development Corporation 272290745 890096CC2 2015-09-24 49150749 REFIN OF REISSUED SER. 2007 & 2008 false false false D Tompkins County Development Corporation 272290745 890096CZ1 2017-12-09 25635508 ADVANCE REFUNDING OF SERIES 2011 false false false A 8980000 0 32424139 0 0 0 343050 412183 0 31325726 343180 0 2007 false false true true B 5735000 0 40290000 0 0 0 0 0 0 0 40290000 0 true false true true C 5905000 0 49150749 0 0 0 528070 0 0 0 48622679 0 true false true true D 0 0 25635508 0 0 25203011 242202 0 0 0 178857 11438 false true true true A false true false false 0.00000 0.00600 0.00600 false false false true B 0 C false true true true false 0.00000 0.00000 0.00000 false false false true D false true true true false 0.01000 0.00000 0.01000 false false false true A false false false true true true UBS AG 30. false false false 0 false true B false true true false true true BANK OF AMERICA NA 12.6 false false false 0 false true C false true false false false false 0 false 0 false true D false true false false false false 0 false 0 false true A true B true C true D true SCHEDULE K PART I, BOND A, ISSUE PRICE THE DIFFERENCE BETWEEN PART I (E) AND PART II, LINE 3 IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. PART I, BOND B, COLUMN F THE ORIGINAL SERIES 2005 BONDS WERE ISSUED ON SEPTEMBER 29, 2005. PART I, BOND C, COLUMN F PROCEEDS OF THE BONDS WERE ISSUED TO CURRENTLY REFUND THE BORROWER'S OUTSTANDING REISSUED SERIES 2007 BONDS (ISSUED 08/20/2009) AND REISSUED SERIES 2008 BONDS (ISSUED 09/17/2009) (COLLECTIVELY, THE "PRIOR BONDS"). PART I, BOND D, COLUMN F PROCEEDS OF THE BONDS WERE ISSUED TO ADVANCE REFUND THE BORROWER'S OUTSTANDING SERIES 2011 BONDS (ISSUED 04/07/2011) (THE "PRIOR BONDS"). PART II, BOND B, LINE 13 SINCE PROCEEDS OF THE BONDS WERE USED FOR CURRENT REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION IS NOT APPLICABLE. PART II, BOND C, LINE 13 SINCE THE BONDS WERE ISSUED FOR THE PURPOSE OF REFUNDING PRIOR BONDS, A SUBSTANTIAL DATE OF COMPLETION IS NOT APPLICABLE TO THE BOND ISSUE. PART III, BOND B Because proceeds of the Reissued Series 2005 Bonds were used to refund bonds issued before January 1, 2003, the Issuer has not completed Part III with respect to the Bonds. PART III, LINE 7 AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, BOND A, LINE 2(B) PROCEEDS OF THE BONDS WERE EXPENDED AS OF THE LAST REBATE COMPUTATION DATE. TO THE EXTENT THAT NO FURTHER PROCEEDS ARISE WHICH BECOME ALLOCABLE TO THE BONDS, NO FURTHER CALCULATIONS OF REBATE LIABILITY ARE NECESSARY. PART IV, BOND A, LINE 2(C) THE REBATE COMPUTATION WAS PERFORMED ON NOVEMBER 10, 2009. SINCE ALL PROCEEDS OF THE BONDS WERE EXPENDED AS OF THAT DATE AND NO FURTHER PROCEEDS HAVE SINCE ARISEN, NO FURTHER REBATE COMPUTATION HAS BEEN PERFORMED. PART IV, BOND B, LINE 2 THE 5TH BOND YEAR HAS NOT OCCURRED, AND THUS NO REBATE COULD BE DUE. THE BONDS CONSIST OF A CURRENT REFUNDING, WHICH HAS MET AN EXCEPTION TO THE REBATE REQUIREMENT. NO REBATE CALCULATION HAS BEEN OR WILL EVER BE MADE, BEFORE OR AFTER THE DUE DATE OF AN 8038-T. PART IV, BOND D, LINE 2(C) THE FIFTH YEAR HAS NOT PASSED, AND THEREFORE NO REBATE COMPUTATION HAS BEEN PERFORMED. 91652 TUITION REMISSION Education/Tuition 18218 SCHOLARSHIPS Education/Tuition Jason Muenzen Family of Trustee 148250 see sch L Narrative false William Kip Opperman Family of Trustee 15340 see sch L Narrative false Schedule L, Part IV Column D Board of Trustees Member, Kristin R. Muenzen, has a family member who is an employee of Ithaca College. Jason Muenzen is employed in the school of business as an instructor and the director of the investment program; his W-2 wages for the year ending December 31, 2017 were $128,250. Board of Trustees Member, Mary G. Opperman, has a family member who provided services to Ithaca College. William Kip Offerman worked as a lecturer and received wages of $15,340 in the year ending December 31, 2017. X 23 345970 FAIR MARKET VALUE X Musical Instruments 2 4200 EXPERT OPINION X Supplies 10 2226 COMPARABLE SALES false true true SCHEDULE M, PART I LINE 25 THE COLLEGE IS REPORTING THE NUMBER OF ITEMS RECEIVED. Schedule M, Line 32(a) To the extent that the organization receives contributions of stock, the organization uses its investment broker to convert those stocks into cash. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES ACADEMIC SUPPORT INCLUDES EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE COLLEGES PRIMARY PROGRAM SERVICE OF INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. IT INCLUDES THE FOLLOWING ACTIVITIES: THE RETENTION, PRESERVATION, AND DISPLAY OF EDUCATIONAL MATERIALS AT THE ITHACA COLLEGE LIBRARY, THE HANDWERKER GALLERY, AND OTHER GALLERY SPACES; INFORMATION TECHNOLOGY SERVICES DEPLOYED AT THE COLLEGE, PARTICULARLY SERVICES WITHIN THE THEMES OF CAMPUS ENGAGEMENT AND TEACHING & LEARNING; ACADEMIC ADMINISTRATION AND PERSONNEL PROVIDING ADMINISTRATIVE SUPPORT AND MANAGEMENT DIRECTION TO THE PRIMARY PROGRAM SERVICE; AND SEPARATELY BUDGETED SUPPORT FOR COURSE AND CURRICULUM DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 REVIEW PROCESS THE COLLEGE'S DEPARTMENT OF FINANCIAL SERVICES COMPILES THE UNDERLYING RECORDS AND PREPARES SUPPORTING SCHEDULES USED IN THE PREPARATION OF THE FORM 990. THE COLLEGE USES AN EXTERNAL TAX SERVICE PROVIDER TO PREPARE AND REVIEW THE FORM 990. THE INTERIM VICE PRESIDENT OF FINANCE AND ADMINISTRATION AND OTHER KNOWLEDGEABLE PERSONS REVIEW THE FORM 990 PRIOR TO SUBMITTING THE FORM 990 TO THE BOARD OF TRUSTEES FOR REVIEW. THE TRUSTEES REVIEW THE FORM 990 PRIOR TO THE BOARD OF TRUSTEES MEETING HELD IN THE SPRING. DURING THE SPRING BOARD MEETING, THE AUDIT COMMITTEE ENGAGES IN AN ADDITIONAL REVIEW OF THE FORM 990 WITH THE EXTERNAL TAX SERVICE PROVIDER AND PERSONS FROM THE COLLEGE'S DEPARTMENT OF FINANCIAL SERVICES. THE AUDIT COMMITTEE VOTES TO APPROVE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY ALL TRUSTEES AND SENIOR MANAGEMENT COMPLETE ANNUAL CONFLICT OF INTEREST FORMS. THE FORMS ARE SUBMITTED TO THE SECRETARY OF THE BOARD AND ALL DISCLOSED CONFLICTS ARE FORWARDED TO THE CHAIR OF THE AUDIT COMMITTEE FOR REVIEW AND ON-GOING MONITORING. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING EXECUTIVE COMPENSATION A. FOR TOP MANAGEMENT OFFICIALS - THE BOARD OF TRUSTEES SUB-COMMITTEE ON COMPENSATION ANNUALLY COLLECTS COMPARABILITY DATA TO BE USED IN ESTABLISHING PRESIDENTIAL COMPENSATION. THIS DATA IS GATHERED USING THE ASSISTANCE OF NON-INTERESTED PARTIES INCLUDING EXTERNAL CONSULTANTS AND THE COLLEGE'S OFFICE OF HUMAN RESOURCES. THE SUB-COMMITTEE ON COMPENSATION MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE, WHICH HAS AUTHORITY TO APPROVE THE RECOMMENDATION. THE EXECUTIVE COMMITTEE REPORTS TO THE FULL BOARD THE DETAILS OF THE REVIEW AND COMPENSATION. B. FOR OTHER OFFICERS AND KEY EMPLOYEES - HUMAN RESOURCES OBTAINS COMPARABILITY DATA ON COMPENSATION WHICH IS SHARED WITH THE PRESIDENT. THE DATA IS REVIEWED AND THE COMPENSATION COMMITTEE IS INFORMED OF THE DECISIONS. THE PRESIDENT ANNUALLY REVIEWS THE COMPENSATION POLICIES OF THE COLLEGE RELATED TO SENIOR OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 MAKING ORGANIZATIONAL DOCUMENTS AVAILABLE TO THE PUBLIC THE PUBLIC MAY ACCESS THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS BY VISITING THE COLLEGE'S WEBSITE OR BY CONTACTING THE OFFICE OF THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION AT THE CONTACT INFORMATION DISCLOSED IN PART VI SECTION C LINE 20. Form 990, PArt IX, Line 11g Ithaca College commissions Sodexo to provide food services to the entire College campus; Amounts reported on part IX represent expenses incurred to Sodexo for the fiscal year ending May 31, 2018; amounts reported in Part VII, Section B represent expenditures paid on the calendar year basis. The expenses Ithaca incurs for these food services are composed of: costs of goods (i.e. food and beverages), wages, benefits, supplies, travel, other general operating costs and a management fee. FORM 990, PART XI, LINE 9 Reconciliation of Net assets POSTRETIREMENT BENEFITS EXPENSE OTHER THAN NET PERIODIC BENEFIT COST ($81,762) LOSS ON BOND RESTRUCTURING ($2,831,892) ADJUSTMENT TO SELF-INSURED MEDICAL LIABILITY $1,063,843 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS $2,942,573 OTHER CHANGES ($80,836) TOTAL ($1,011,926)