EMERSON COLLEGE: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- EMERSON COLLEGE (EIN 04-1286950)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-15
- IRS object ID
- 201731359349303048
- Schema version
- 2015v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-15T10:29:47-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 STATE STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041286950 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EMERSON COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JONATHAN PEARSALL | InCareOfNm |
| Business Name Control | EMER | BusinessNameControlTxt |
| Phone | 6178248500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021164624 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MAUREEN MURPHY | PersonNm |
| Person Title | VP Admin & Finance | PersonTitleTxt |
| Phone | 6178248426 | PhoneNum |
| Signature | 2017-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Robert J Butler Jr | PreparerPersonNm |
| PTIN | P00037953 | PTIN |
| Phone | 6177237900 | PhoneNum |
| Preparation | 2017-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Lee Pelton | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021164624 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $226,673,785 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.emerson.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1880 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE STUDENTS TO BECOME LEADERS IN COMMUNICATION AND THE ARTS AND TO ADVANCE SCHOLARSHIP AND CREATIVE WORK THAT BRINGS INNOVATION, DEPTH AND DIVERSITY TO THESE DISCIPLINES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 3312 | TotalEmployeeCnt |
| Total Volunteers | 1200 | TotalVolunteersCnt |
| Total Gross UBI | $2,195,738 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$3,313,555 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,321,951 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,592,129 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $197,803,112 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $203,986,252 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,076,386 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,198,792 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,002,189 | PYOtherRevenueAmt |
| CY Other Revenue | $5,750,610 | CYOtherRevenueAmt |
| PY Total Revenue | $216,203,638 | PYTotalRevenueAmt |
| CY Total Revenue | $220,527,783 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $35,200,507 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $37,730,936 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $83,253,575 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $85,458,803 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,343,902 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $89,522,556 | PYOtherExpensesAmt |
| CY Other Expenses | $84,557,458 | CYOtherExpensesAmt |
| PY Total Expenses | $207,976,638 | PYTotalExpensesAmt |
| CY Total Expenses | $207,747,197 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,227,000 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,780,586 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $765,608,286 | TotalAssetsBOYAmt |
| Total Assets EOY | $772,424,484 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $355,912,243 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $356,717,006 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $409,696,043 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $415,707,478 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Emerson College is the only four year college in the United States devoted exclusively to communication and performing arts. (Continued in Schedule O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $133,238,830 | ExpenseAmt |
| Grant | $37,730,936 | GrantAmt |
| Revenue | $169,221,963 | RevenueAmt |
| Desc | EMERSON COLLEGE PROVIDES UNDERGRADUATE AND GRADUATE PROGRAMS CHALLENGING STUDENTS TO THINK AND COMMUNICATE WITH CLARITY, SUBSTANCE AND INSIGHT. THE CURRICULUM INTEGRATES COMMUNICATION WITH LIBERAL ARTS AND EMPHASIZES A GLOBAL OUTLOOK AND PRACTICAL EXPERIENCE TO HELP DEVELOP THE INHERENT CAPACITIES OF EACH STUDENT. THE COLLEGE EDUCATES APPROXIMATELY 3,791 UNDERGRADUATE AND 642 GRADUATE STUDENTS ANNUALLY - FROM 49 U.S. STATES AND 53 COUNTRIES. THE COLLEGE HAS MORE THAN 450 FULL AND PART-TIME FACULTY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $45,851,114 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $36,569,622 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES PROVIDE SERVICES FOR THE STUDENTS TO ENSURE THEY ARE APPROPRIATELY SUPPORTED. THE SERVICES INCLUDE ROOM, BOARD AND THE BOOKSTORE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $179,089,944 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 5355 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3312 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | NL | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ID | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JONATHAN PEARSALL | PersonNm |
| Phone | 6178248426 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021164624 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Jeffrey D Greenhawt | |||||||||
| Chairman | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Vincent J Di Bona | |||||||||
| Vice Chairman | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Albert M Jaffe | |||||||||
| Vice Chairman | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Steven Samuels | |||||||||
| Vice Chairman | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Richard Janssen | |||||||||
| Treasurer | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Michael MacWade | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Marillyn Zacharis | |||||||||
| Secretary | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Eric Alexander | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dan Black | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bobbi Brown | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Brian Carty | |||||||||
| Board Member (THRU 12/15) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dan Cohen | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Robert Friend | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Linda Gersh | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ira Goldstone | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Gary Grossman | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Doug Herzog | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Leo Hindery Jr | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Douglas Holloway | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Judy Huretas | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ann Leary | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Robert Miller | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Andrea Montoni | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Max Mutchnick | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Michelle Perkins | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Patricia Peyton | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mark Reinganum | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Linda Schwartz | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Raj Sharma | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Susan Namm Spencer | |||||||||
| Board Member | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| M Lee Pelton | |||||||||
| President/Trustee | 40.0 | 0.0 | Yes (X) | Yes (X) | $720,903 | $0 | $148,378 | ||
| Michaela Whelan | |||||||||
| Provost & VP for Academic Aff. | 40.0 | 0.0 | Yes (X) | $255,853 | $0 | $31,515 | |||
| Christine Hughes | |||||||||
| VP & Gen. Counsel and Clerk | 40.0 | 0.0 | Yes (X) | $212,213 | $0 | $31,537 | |||
| Maureen Murphy | |||||||||
| VP for Admin. and Finance | 40.0 | 0.0 | Yes (X) | $310,080 | $0 | $51,197 | |||
| Ruthanne Madsen | |||||||||
| VP for Enrollment Management | 40.0 | 0.0 | $195,300 | $0 | $17,781 | Yes (X) | |||
| William Gilligan | |||||||||
| VP for Information Technology | 40.0 | 0.0 | $245,340 | $0 | $42,369 | Yes (X) | |||
| Donna Heiland thru 216 | |||||||||
| VP & Special Ass. to President | 40.0 | 0.0 | $210,746 | $0 | $27,971 | Yes (X) | |||
| Jeffrey Schoenherr thru 215 | |||||||||
| VP of Devel. & Alumni Relation | 40.0 | 0.0 | $208,334 | $0 | $7,510 | Yes (X) | |||
| Sylvia Spears | |||||||||
| VP for Diversity and Inclusion | 40.0 | 0.0 | $218,131 | $0 | $41,333 | Yes (X) | |||
| Andrew Tiedemann | |||||||||
| VP for Comm. and Marketing | 40.0 | 0.0 | $201,531 | $0 | $44,041 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,778,431 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $443,632 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 94 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ELKUS MANFREDI ARCHITECTS | |||||
| 25 Drydock Avenue | BOSTON | MA | 02110 | ARCHITECTURAL SERV | $3,398,705 |
| PROSPECT BUILDING SERVICES | |||||
| 360 Pearl Street | MALDEN | MA | 02148 | CLEANING SERVICES | $378,408 |
| BENNETT COMMUNICATIONS INC | |||||
| ONE Bennett Lane | QUINCY | MA | 02169 | TELECOMMUNICATIONS | $239,842 |
| GOODWIN PROCTER LLP | |||||
| 100 Northern Avenue | BOSTON | MA | 02210 | LEGAL SERVICES | $201,509 |
| LOIS L LINDAUER SEARCHES | |||||
| 420 Boylston Street Suite 604 | BOSTON | MA | 02116 | EXECUTIVE SEARCHES | $136,297 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $314,862 | FundraisingAmt |
| Government Grants | $4,039,728 | GovernmentGrantsAmt |
| All Other Contributions | $3,237,539 | AllOtherContributionsAmt |
| Noncash Contributions | $469,095 | NoncashContributionsAmt |
| Total Contributions | $7,592,129 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUTION & FEES | 611710 | $169,221,963 | $169,221,963 |
| ROOM & BOARD | 611710 | $34,310,175 | $34,310,175 |
| BOOKSTORE COMMISSION | 611710 | $135,544 | $135,544 |
| AUXILIARY - OTHER | 611710 | $318,570 | $318,570 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $203,986,252 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,580,619 | TotalRevenueColumnAmt |
| Exclusion | $2,211,619 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,521,332 | TotalRevenueColumnAmt |
| Exclusion | $2,521,332 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,210,141 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,898,971 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$688,830 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$688,830 | TotalRevenueColumnAmt |
| Exclusion | -$688,830 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,681,958 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,063,785 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $618,173 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $618,173 | TotalRevenueColumnAmt |
| Exclusion | $618,173 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $197,241 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $314,862 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $183,246 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,995 | TotalRevenueColumnAmt |
| Exclusion | $13,995 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| THEATER REVENUE | 531390 | $1,805,333 | $1,805,333 | |
| SUMMER CONFERENCE | 531390 | $390,405 | $390,405 | |
| MISCELLANEOUS | 611710 | $1,708,375 | $1,708,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,904,113 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $220,527,783 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $205,694,627 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,195,738 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,676,289 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,940,373 | TotalAmt |
| Program Services | $36,940,373 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $790,563 | TotalAmt |
| Program Services | $790,563 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,168,476 | TotalAmt |
| Program Services | $1,695,922 | ProgramServicesAmt |
| Management And General | $277,554 | ManagementAndGeneralAmt |
| Fundraising | $195,000 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,711 | TotalAmt |
| Management And General | $33,711 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,353,596 | TotalAmt |
| Program Services | $55,090,969 | ProgramServicesAmt |
| Management And General | $9,016,177 | ManagementAndGeneralAmt |
| Fundraising | $2,246,450 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,442,659 | TotalAmt |
| Program Services | $3,681,804 | ProgramServicesAmt |
| Management And General | $602,563 | ManagementAndGeneralAmt |
| Fundraising | $158,292 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,822,416 | TotalAmt |
| Program Services | $6,170,146 | ProgramServicesAmt |
| Management And General | $1,009,805 | ManagementAndGeneralAmt |
| Fundraising | $642,465 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,637,945 | TotalAmt |
| Program Services | $3,843,644 | ProgramServicesAmt |
| Management And General | $629,050 | ManagementAndGeneralAmt |
| Fundraising | $165,251 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $852,091 | TotalAmt |
| Management And General | $852,091 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,328 | TotalAmt |
| Management And General | $108,328 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,500 | TotalAmt |
| Management And General | $184,500 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,985,036 | TotalAmt |
| Program Services | $3,333,387 | ProgramServicesAmt |
| Management And General | $545,542 | ManagementAndGeneralAmt |
| Fundraising | $106,107 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,179,760 | TotalAmt |
| Program Services | $1,002,102 | ProgramServicesAmt |
| Management And General | $164,004 | ManagementAndGeneralAmt |
| Fundraising | $13,654 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,882,820 | TotalAmt |
| Program Services | $3,231,434 | ProgramServicesAmt |
| Management And General | $528,856 | ManagementAndGeneralAmt |
| Fundraising | $122,530 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,923,891 | TotalAmt |
| Program Services | $1,595,048 | ProgramServicesAmt |
| Management And General | $261,045 | ManagementAndGeneralAmt |
| Fundraising | $67,798 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,615,071 | TotalAmt |
| Program Services | $5,600,132 | ProgramServicesAmt |
| Management And General | $916,516 | ManagementAndGeneralAmt |
| Fundraising | $98,423 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,895,001 | TotalAmt |
| Program Services | $3,132,279 | ProgramServicesAmt |
| Management And General | $512,628 | ManagementAndGeneralAmt |
| Fundraising | $250,094 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,337 | TotalAmt |
| Program Services | $142,720 | ProgramServicesAmt |
| Management And General | $23,357 | ManagementAndGeneralAmt |
| Fundraising | $9,260 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,451,393 | TotalAmt |
| Program Services | $8,122,127 | ProgramServicesAmt |
| Management And General | $1,329,266 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,259,990 | TotalAmt |
| Program Services | $16,551,221 | ProgramServicesAmt |
| Management And General | $2,708,769 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,818,871 | TotalAmt |
| Program Services | $3,281,776 | ProgramServicesAmt |
| Management And General | $537,095 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER SERVICES | $9,196,982 | $7,702,023 | $1,260,511 | $234,448 |
| OTHER FOOD SERVICES | $8,824,127 | $7,583,081 | $1,241,046 | $0 |
| MISCELLENEOUS | $7,011,747 | $5,996,269 | $981,348 | $34,130 |
| RENOVATIONS/CONTRACTS MAINT | $3,122,215 | $2,683,099 | $439,116 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,070,298 | TotalAmt |
| Program Services | $919,825 | ProgramServicesAmt |
| Management And General | $150,473 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,747,197 | TotalAmt |
| Program Services | $179,089,944 | ProgramServicesAmt |
| Management And General | $24,313,351 | ManagementAndGeneralAmt |
| Fundraising | $4,343,902 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,519,809 | BOYAmt |
| EOY | $53,090,405 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,439,736 | BOYAmt |
| EOY | $4,470,492 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,470,044 | BOYAmt |
| EOY | $741,498 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,478,960 | BOYAmt |
| EOY | $2,581,458 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,121,942 | BOYAmt |
| EOY | $3,822,110 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $727,158,438 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $219,574,456 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $488,154,709 | BOYAmt |
| EOY | $507,583,982 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,823,760 | BOYAmt |
| EOY | $134,138,719 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,211,503 | BOYAmt |
| EOY | $65,573,784 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387,823 | BOYAmt |
| EOY | $422,036 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $765,608,286 | BOYAmt |
| EOY | $772,424,484 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,036,743 | BOYAmt |
| EOY | $28,372,273 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,975,246 | BOYAmt |
| EOY | $12,387,162 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $314,921,855 | BOYAmt |
| EOY | $311,979,365 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,978,399 | BOYAmt |
| EOY | $3,978,206 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $355,912,243 | BOYAmt |
| EOY | $356,717,006 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $377,924,043 | BOYAmt |
| EOY | $384,919,487 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,089,000 | BOYAmt |
| EOY | $5,376,492 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,683,000 | BOYAmt |
| EOY | $25,411,499 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $409,696,043 | BOYAmt |
| EOY | $415,707,478 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $765,608,286 | BOYAmt |
| EOY | $772,424,484 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,780,586 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$6,713,075 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$56,076 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | 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 | $4,789,333 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,805,007 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,278,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,321,951 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,592,129 | CurrentTaxYearAmt |
| Total | $33,786,840 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,789,333 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,805,007 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,278,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,321,951 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,592,129 | CurrentTaxYearAmt |
| Total | $33,786,840 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,248,153 | SubstantialContributorsTotAmt |
| Public Support Total170 | $29,538,687 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,590,187 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,516,158 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,284,893 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,627,339 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,312,092 | CurrentTaxYearAmt |
| Total | $27,330,669 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $72,304 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $58,481 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $137,033 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,286 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $197,241 | CurrentTaxYearAmt |
| Total | $508,345 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $61,625,854 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $924,818,974 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.47932 | PublicSupportCY170Pct |
| Public Support PY170 | 0.49812 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $149,219,391 | BeginningYearBalanceAmt |
| Contributions | $2,548,023 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,660,131 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,912,756 | GrantsOrScholarshipsAmt |
| End Year Balance | $144,194,527 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $146,174,009 | BeginningYearBalanceAmt |
| Contributions | $7,028,768 | ContributionsAmt |
| Investment Earnings Or Losses | -$175,992 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,807,394 | GrantsOrScholarshipsAmt |
| End Year Balance | $149,219,391 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $127,945,924 | BeginningYearBalanceAmt |
| Contributions | $2,217,617 | ContributionsAmt |
| Investment Earnings Or Losses | $19,228,787 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,218,319 | GrantsOrScholarshipsAmt |
| End Year Balance | $146,174,009 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $117,064,905 | BeginningYearBalanceAmt |
| Contributions | $1,397,951 | ContributionsAmt |
| Investment Earnings Or Losses | $12,298,021 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,814,953 | GrantsOrScholarshipsAmt |
| End Year Balance | $127,945,924 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $118,988,122 | BeginningYearBalanceAmt |
| Contributions | $1,522,529 | ContributionsAmt |
| Investment Earnings Or Losses | -$853,654 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,592,092 | GrantsOrScholarshipsAmt |
| End Year Balance | $117,064,905 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.80780 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.15780 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03440 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $64,709,055 | OtherCostOrOtherBasisAmt |
| Book Value | $64,709,055 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $552,210,149 | OtherCostOrOtherBasisAmt |
| Depreciation | $160,040,497 | DepreciationAmt |
| Book Value | $392,169,652 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,701,912 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,195,520 | DepreciationAmt |
| Book Value | $1,506,392 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $64,918,456 | OtherCostOrOtherBasisAmt |
| Depreciation | $58,338,439 | DepreciationAmt |
| Book Value | $6,580,017 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $42,618,866 | OtherCostOrOtherBasisAmt |
| Book Value | $42,618,866 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $507,583,982 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FUNDS HELD BY BOND TRUSTEE | $54,908,692 | F |
| ALTERNATIVE INVESTMENTS | $10,665,092 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $65,573,784 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASE OBLIGATION | $2,748,579 |
| REFUNDABLE ADVANCES GOVT GRANT | $1,229,627 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,978,206 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $177,925,413 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$6,713,076 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $2,026,142 | OtherRevenueAmt |
| Revenue Not Reported | -$4,686,934 | RevenueNotReportedAmt |
| Revenue Subtotal | $182,612,347 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $184,500 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $37,730,936 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $37,915,436 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $220,527,783 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $171,913,979 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,082,218 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,082,218 | ExpensesNotReportedAmt |
| Expenses Subtotal | $169,831,761 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $184,500 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $37,730,936 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $37,915,436 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $207,747,197 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| ENDOWMENT FUNDS | Schedule D, Part V, Line 4 The Colleges endowment consists of approximately 150 individual funds established for a variety of purposes including both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. THE PURPOSE OF THE COLLEGE'S ENDOWMENT FUND IS TO SUPPORT THE EDUCATIONAL MISSION OF THE COLLEGE BY PROVIDING A RELIABLE SOURCE OF FUNDS FOR CURRENT AND FUTURE USE THROUGH QUARTERLY DRAWDOWNS. THE ENDOWMENT IS USED TO FUND SCHOLARSHIPS AND GRANTS AS WELL AS TO PROVIDE SUPPORT FOR PROGRAM SERVICES. Under the Colleges current long-term investment spending policy, which is within the guidelines specified under state law, the College generally spends up to 3% of the average market value of the qualifying endowment investment pool at the end of the previous five calendar years. The Board of Trustees may authorize higher amounts for certain endowments and can increase the spending rate up to 5%. |
| ASC 740 Income Tax Footnote | Schedule D, Part X, Line 2 The College generally does not provide for income taxes since it is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. ASC 740, Income Taxes, permits an entity to recognize the benefit and requires accrual of an uncertain tax position only when the position is "more likely than not" to be sustained in the event of examination by tax authorities. In evaluating whether a tax position has met the recognition threshold, the College must presume that the position will be examined by the appropriate taxing authority that has full knowledge of all relevant information. ASC 740 also provides guidance on the recognition, measurement, and classification of income tax uncertainties, along with any related interest or penalties. Tax positions deemed to meet the "more likely than not" threshold are recorded as a tax expense in the current year. The College analyzed all open tax years, as defined by the statutes of limitations. Open tax years are those that are open for exam by taxing authorities. Major jurisdictions for the College include Federal and the Commonwealth of Massachusetts. The College believes it has no significant uncertain tax positions. |
| Schedule D, Part XI, Line 2D | Rental Expenses $1,898,971 Fundraising Expenses $183,247 Change in Value of Charitable Remainder Trust ($56,076) ------------ Total $2,026,142 ============ Schedule D, Part XII, Line 2D Rental Expenses $1,898,971 Fundraising Expenses $183,247 ------------ Total $2,082,218 ============ |
| Schedule D, Part XI, Line 4B and Part XII, Line 4B | Scholarships $37,730,936 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| NONDISCRIMINATORY POLICY | Schedule E, Part I, Line 3 THE COLLEGE'S NONDISCRIMINATORY POLICY IS AVAILABLE IN THE COLLEGE'S ADMISSION CATALOG AND THE COLLEGE'S WEBSITE. EMERSON COLLEGE ADMITS QUALIFIED STUDENTS REGARDLESS OF RACE, COLOR, RELIGIOUS BELIEFS, NATIONAL AND ETHNIC ORIGIN, SEX, SEXUAL ORIENTATION, GENDER IDENTIY, AGE, OR DISABILITY TO ALL OF THE RIGHTS, PRIVLEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE COLLEGE. EMERSON COLLEGE DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGIOUS BELIEFS, NATIONAL AND ETHNIC ORIGIN, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, AGE, DISABILITY, OR ANY OTHER CATEGORY PROTECTED BY LAW IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS, OR OTHER COLLEGE-ADMINISTRATED PROGRAMS OR ACTIVITIES. |
| FINANCIAL AID OR ASSISTANCE | Schedule E, Part I, Line 6a THE COLLEGE PARTICIPATES IN A NUMBER OF FEDERAL FINANCIAL PROGRAMS FOR ITS STUDENTS WHO HAVE FILED A FAFSA AND ARE ELIGIBLE FOR FEDERAL FINANCIAL AID. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 36 | Program Services | SEMESTER ABROAD CLASS | $2,387,715 |
| Central America and the Caribbean | Investments | INVESTMENTS | $26,095,049 | ||
| Europe (Including Iceland and Greenland) | Investments | INVESTMENTS | $2,899,875 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 36 | SubtotalEmployeesCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 36 | TotalEmployeeCnt |
| Subtotal Spent | $31,382,639 | SubtotalSpentAmt |
| Total Spent | $31,382,639 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Scholarships | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 100 | RecipientCnt |
| Cash Grant | $790,563 | CashGrantAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S. | SCHEDULE F, PART I, LINE 2 EMERSON COLLEGE AWARDS INSTITUTIONAL FINANCIAL ASSISTANCE PRIMARILY ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. COLLEGE MONITORING OF THE FUNDS INCLUDES DIRECTLY CREDITING AWARDS TO STUDENT ACCOUNTS WHICH ASSURES THAT FUNDS ARE USED FOR THE EDUCATION PURPOSE INTENDED. ALL AID RECIPIENTS MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS AS OUTLINED IN THE EMERSON COLLEGE STUDENT HANDBOOK. STUDENTS RECEIVING FEDERAL AID MUST HAVE A MINIMUM OF A "C" (2.0) GRADE POINT AVERAGE BY TH END OF THEIR SECOND ACADEMIC YEAR. FINANCIAL AID RECIPIENTS MAY NOT BE IN DEFAULT ON ANY EDUCATION LOANS, OWE A REFUND ON ANY GRANT, OR DEMONSTRATE ANY UNWILLINGNESS TO REPAY AN EDUCATIONAL LOAN. SCHEDULE F, PART I, LINE 3, COLUMN (F) GRANTMAKING EXPENDITURES FOR SCHOLARSHIPS ARE REPORTED IN COLUMN (F) AT THEIR BOOK VALUE. AMOUNTS SHOWN IN COLUMN (F) FOR INVESTMENTS ARE REPORTED AT THEIR FAIR MARKET VALUE. EXPENDITURES FOR THE SEMESTER ABROAD CLASSES ARE ACCOUNTED FOR UNDER THE ACCRUAL METHOD OF ACCOUNTING. |
| FOREIGN FILING REQUIREMENTS | SCHEDULE F, PART IV The College has certain alternative investments that may make transfers to or generate ownership interests in foreign corporations or partnerships. As such, Schedule F Part IV reflects these transfers and interests. The College has reviewed these investments for any transfers or interests that are required to be further reported on Forms 926, 5471, 8621, or 8865. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $71,975 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $46,475 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $25,500 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $400 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $1,994 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $19,649 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $36 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $10,642 | OtherDirectExpensesEvent1Amt |
| Event2 | ALUMNI REUNION | Event2Nm |
| Gross Receipts Event2 | $440,128 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $268,387 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $171,741 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $1,119 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $8,100 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $64,860 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $6,140 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $70,306 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $512,103 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $314,862 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $197,241 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $400 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $3,113 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $27,749 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $64,896 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $6,140 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $80,948 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $183,246 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $13,995 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|
| Emerson College Funded Scholarships | 2440 | $36,512,476 | FMV |
| State Scholarships | 243 | $427,897 | FMV |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITOR THE USE OF GRANT FUNDS IN THE U.S. | FormAndLineReferenceDesc |
| Explanation | SCHEDULE I, PART I, LINE 2 EMERSON COLLEGE AWARDS INSTITUTIONAL FINANCIAL ASSISTANCE PRIMARILY ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. COLLEGE MONITORING OF THE FUNDS INCLUDES DIRECTLY CREDITING AWARDS TO THE STUDENT ACCOUNTS WHICH ASSURES THAT FUNDS ARE USED FOR THE EDUCATION PURPOSE INTENDED. ALL AID RECIPIENTS MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS AS OUTLINED IN THE EMERSON COLLEGE STUDENT HANDBOOK. STUDENTS RECEIVING FEDERAL AID MUST HAVE A MINIMUM OF A "C" (2.0) GRADE POINT AVERAGE BY THE END OF THEIR SECOND ACADEMIC YEAR. FINANCIAL AID RECIPIENTS MAY NOT BE IN DEFAULT ON ANY EDUCATION LOANS, OWE A REFUND ON ANY GRANT, OR DEMONSTRATE ANY UNWILLINGNESS TO REPAY AN EDUCATIONAL LOAN. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| M Lee Pelton | ||||||||||||||
| President/Trustee | $645,177 | $0 | $0 | $0 | $75,726 | $0 | $23,850 | $0 | $124,528 | $0 | $869,281 | $0 | $0 | $0 |
| Michaela Whelan | ||||||||||||||
| Provost & VP for Academic Aff. | $254,575 | $0 | $0 | $0 | $1,278 | $0 | $23,153 | $0 | $8,362 | $0 | $287,368 | $0 | $0 | $0 |
| Christine Hughes | ||||||||||||||
| VP & Gen. Counsel and Clerk | $210,273 | $0 | $0 | $0 | $1,940 | $0 | $19,215 | $0 | $12,322 | $0 | $243,750 | $0 | $0 | $0 |
| Maureen Murphy | ||||||||||||||
| VP for Admin. and Finance | $305,534 | $0 | $0 | $0 | $4,546 | $0 | $23,850 | $0 | $27,347 | $0 | $361,277 | $0 | $0 | $0 |
| Ruthanne Madsen | ||||||||||||||
| VP for Enrollment Management | $194,895 | $0 | $0 | $0 | $405 | $0 | $17,781 | $0 | $0 | $0 | $213,081 | $0 | $0 | $0 |
| William Gilligan | ||||||||||||||
| VP for Information Technology | $238,731 | $0 | $0 | $0 | $6,609 | $0 | $29,050 | $0 | $13,319 | $287,709 | $0 | $0 | $0 | |
| Donna Heiland thru 216 | ||||||||||||||
| VP & Special Ass. to President | $208,825 | $0 | $0 | $0 | $1,921 | $0 | $19,009 | $0 | $8,962 | $238,717 | $0 | $0 | $0 | |
| Jeffrey Schoenherr thru 215 | ||||||||||||||
| VP of Devel. & Alumni Relation | $40,441 | $0 | $0 | $0 | $167,893 | $0 | $3,703 | $0 | $3,807 | $215,844 | $0 | $0 | $0 | |
| Sylvia Spears | ||||||||||||||
| VP for Diversity and Inclusion | $216,095 | $0 | $0 | $0 | $2,036 | $0 | $20,051 | $0 | $21,282 | $259,464 | $0 | $0 | $0 | |
| Andrew Tiedemann | ||||||||||||||
| VP for Comm. and Marketing | $199,640 | $0 | $0 | $0 | $1,891 | $0 | $18,761 | $0 | $25,280 | $245,572 | $0 | $0 | $0 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | FIRST-CLASS TRAVEL THE COLLEGE'S POLICY OUTLINES THAT THE PRESIDENT AND VICE PRESIDENTS MAY TAKE FIRST CLASS TRAVEL ON COLLEGE-RELATED BUSINESS. IN ACCORDANCE WITH COLLEGE POLICY, THE PRESIDENT OCCASIONALLY TAKES FIRST CLASS TRAVEL FOR BUSINESS PURPOSES. PERMISSION FOR FIRST-CLASS TRAVEL BY THE PRESIDENT AND VICE PRESIDENTS IS GIVEN TO ALLOW THEM TO BEST REPRESENT THE INSTITUTION AFTER TRAVEL AND THEREFORE IS NOT INCLUDED IN COMPENSATION. Schedule J, Part I, Line 1a HOUSING FOR PERSONAL USE AND PERSONAL SERVICES IN ACCORDANCE WITH COLLEGE POLICY AND INTERNAL REVENUE CODE SECTION 119, THE COLLEGE REQUIRES THE PRESIDENT TO LIVE IN A RESIDENCE OWNED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT DURING HIS TENURE. THE PRESIDENTIAL RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE AND EXTENSIVELY USED FOR BUSINESS OF THE COLLEGE. HOUSEKEEPING IS PROVIDED TO MAINTAIN THE APPEARANCE OF THE RESIDENCE FOR COLLEGE FUNCTIONS. THE VALUE OF THE PERSONAL USE OF THE HOME IS INCLUDED IN NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J PART II COLUMN (D). THE VALUE OF THE HOME WAS BASED ON AN INDEPENDENT MARKET APPRAISAL. schedule j, part i, line 1a tax indemnification and gross-up payments THE COLLEGE PROVIDED CERTAIN PAYMENTS TO EMPLOYEES REPORTED ON SCHEDULE J PART II THAT WERE GROSSED UP FOR TAX PURPOSES. THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J PART II COLUMN (B)(III). |
| Schedule J, Part I, Line 4a | Severance Agreements The President's employment contract includes a severance provision that provides for the lesser of two years of salary or salary for the remainder of his term. No amounts were paid under this provision during calendar year 2015. |
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 |
|---|---|---|---|---|---|---|---|---|
| MDFA-SERIES 2010 A | ||||||||
| A | 043431814 | 57583RY74 | 2010-06-24 | $124,760,655 | DORMS/CLASSROOMS/OFFICE/THEATER | false | false | false |
| CMFA SERIES 2011 | ||||||||
| B | 201563466 | 13048tmz3 | 2011-12-08 | $55,463,072 | LOS ANGELES BUILDING | false | false | false |
| MDFA Series 2015 | ||||||||
| C | 043431814 | 57583u7J1 | 2015-05-14 | $143,055,842 | Construction of Dormitory & renova | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $8,455,000 | $0 | $124,760,655 | $0 | $0 | $0 | $941,526 | $0 | $0 | $109,067,272 | $14,751,857 | $0 | 2012 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $55,463,072 | $0 | $4,837,952 | $0 | $621,432 | $0 | $0 | $50,003,688 | $5,459,384 | $0 | 2014 | false | false | Yes (true) | Yes (true) |
| C | $0 | $0 | $143,055,842 | $0 | $7,468,507 | $0 | $892,053 | $0 | $0 | $26,154,494 | $64,692,256 | $43,848,532 | false | Yes (true) | Yes (true) | Yes (true) |
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 | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.00080 | 0.00080 | false | false | false | Yes (true) |
| B | false | false | false | false | 0 | false | false | false | Yes (true) | |
| C | false | false | false | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| 0 | |||||||||
| A | false | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | |||||||||
| B | false | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
| 0 | |||||||||
| C | false | false | Yes (true) | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part IV, Line 2c | FormAndLineReferenceDesc |
| Explanation | FOR BOND ISSUE A (SERIES 2010), THE REBATE CALCULATION WAS PERFORMED as of December 31, 2014. FOR BOND ISSUE B (SERIES 2013), THE REBATE CALCULATION WAS PERFORMED as of JUNE 30, 2016. FOR BOND ISSUE C (SERIES 2015), THE REBATE CALCULATION WAS PERFORMED as of AUGUST 14, 2016. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $38,304 | CashGrantAmt |
| Type Of Assistance | SCHOLARSHIP | TypeOfAssistanceTxt |
| Assistance Purpose | MERIT | AssistancePurposeTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part III, Line 1 | FormAndLineReferenceDesc |
| Explanation | Grants benefitting interested persons The college granted a merit scholarship to one student who is the child of a current member of the board of trustees. The college ensured the SCHOLARSHIP was awarded based on merit to the eligible student who met the required academic standing. The trustee does not have any influence in the decision making process for awarding scholarships. | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $469,095 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| VOLUNTEERS | Form 990, Part I, Line 6 the college identified the areas and departments that use volunteers during the tax year. these departments were asked to estimate the number of volunteers used for the various programs. the types of services provided by these volunteers include phone-a-thons, orientation, campus tour guides, and information sessions. the number does not include employees. Mission Form 990, Part III, Line 1 The College is organized into two schools, each of which offers both undergraduate and graduate degree programs: the School of the Arts and the School of Communication. In addition to its Boston, Massachusetts location, the College maintains campuses in Los Angeles, California and Kasteel Well, The Netherlands. Business relationships Form 990, Part VI, Section A, line 2 DURING THE FISCAL YEAR ENDED JUNE 30, 2016, TRUSTEES VINCENT J. DI BONA AND GARY GROSSMAN HAD A BUSINESS RELATIONSHIP. Changes to the Organization's Bylaws Form 990, Part VI, Section A, line 4 The college's bylaws were amended March, 2016 to grant the Chief Financial Officer the right to serve as Assistant Treasurer to the Board for the purposes of executing real estate documents pursuant to Massachusetts General Laws Ch. 155s8. |
| FORM 990 REVIEW PROCESS | PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A DRAFT FORM 990 IS GIVEN TO THE AUDIT COMMITTEE FOR THEIR REVIEW. DURING THIS REVIEW, QUESTIONS REGARDING THE DRAFT FORM 990 ARE ANSWERED BY MANAGEMENT. CHANGES ARE MADE IF APPROPRIATE. THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY BY WAY OF A SECURE, PASSWORD PROTECTED WEBSITE ON WHICH THE ENTIRE FORM 990 AND ALL REQUIRED SCHEDULES ARE AVAILABLE FOR REVIEW. ALL TRUSTEES ARE ASKED TO REVIEW THE FILING AND FORWARD ANY COMMENTS TO MANAGEMENT FOR CONSIDERATION AND DISCUSSION IF NECESSARY WITH THE INDEPENDENT TAX RETURN PREPARER. AT THE END OF THE REVIEW PERIOD, THE FINAL RETURN, AS IT WILL BE FILED WITH THE IRS, IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. |
| CONFLICT OF INTEREST POLICY | PART VI, SECTION B, LINE 12C THE BY-LAWS OF THE BOARD OF TRUSTEES CONTAIN A WRITTEN CONFLICT OF INTEREST POLICY. OFFICERS AND MEMBERS OF THE BOARD ANNUALLY ACKNOWLEDGE RECEIPT OF, AND FAMILIARITY WITH, THE POLICY. WHEN AN INDIVIDUAL DISCLOSES A POSSIBLE CONFLICT OF INTEREST, OR WHEN A POSSIBLE CONFLICT IS OTHERWISE IDENTIFIED, IT IS REFERRED TO THE PRESIDENT OF THE COLLEGE AND THE CHAIR OF THE BOARD OF TRUSTEES. THE CHAIR REVIEWS THE POSSIBLE CONFLICT OF INTEREST AND, IF WARRANTED, SELECTS AN AD HOC COMMITTEE TO REVIEW THE POSSIBLE CONFLICT OF INTEREST. THE PRESIDENT AND THE VICE PRESIDENT AND GENERAL COUNSEL OF THE COLLEGE PREPARE A MEMORANDUM DESCRIBING THE POTENTIAL CONFLICT OF INTEREST THAT IS SENT TO THE MEMBERS OF THE AD HOC COMMITTEE. THE MEMBERS OF THE AD HOC COMMITTEE MEET AND DETERMINE WHETHER TO PERMIT THE POTENTIAL CONFLICT OF INTEREST. If the trustee has a conflict, they must recuse themselves from any committees tasked with making a decision on the topic where they have a conflict. |
| COMPENSATION REVIEW | PART VI, SECTION B, LINES 15A AND 15B EVERY YEAR, THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPENSATION PAID TO ALL OFFICERS AND KEY EMPLOYEES TO ENSURE THAT SAID EMPLOYEES ARE COMPENSATED REASONABLY. ADDITIONALLY, EVERY OTHER YEAR, THE COLLEGE PERFORMS AN IN-DEPTH COMPENSATION REVIEW OF ITS OFFICERS AND KEY EMPLOYEES WITH THE ASSISTANCE OF AN INDEPENDENT OUTSIDE COMPENSATION CONSULTANT. IN EITHER CASE, IF NECESSARY, THE COLLEGE REVISES THE COMPENSATION PAID. AS PART OF THE VICE PRESIDENT COMPENSATION REVIEW, INDEPENDENT OUTSIDE COMPENSATION CONSULTANTS WORK WITH THE PRESIDENT AND CONSIDER THE RESPONSIBILITIES OF EACH POSITION, THE COLLEGE'S NEEDS AND EXPECTATIONS WITH RESPECT TO EACH POSITION, THE JOB PERFORMANCE OF EACH VICE PRESIDENT, THE FINANCIAL HEALTH OF THE COLLEGE, AND COMPREHENSIVE COMPARABLE DATA. WITH THIS INFORMATION, INDEPENDENT OUTSIDE COMPENSATION CONSULTANTS MAKE A RECOMMENDATION FOR THE VICE PRESIDENTS COMPENSATION WHICH IS THEN SHARED WITH THE PRESIDENT FOR APPROVAL, AND FINALLY WITH THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR FINAL APPROVAL. THE PRESIDENTS COMPENSATION IS DETERMINED ON A CONTRACTUAL BASIS. IN DETERMINING THE PRESIDENTS COMPENSATION, AN INDEPENDENT OUTSIDE COMPENSATION CONSULTANT CONSIDERS COMPARABLE DATA FOR SIMILAR INSTITUTIONS, THE RESPONSIBILITIES OF THE POSITION, THE COLLEGE'S NEEDS AND EXPECTATIONS WITH RESPECT TO THE POSITION, AND THE FINANCIAL HEALTH OF THE COLLEGE. WITH THIS INFORMATION, THE INDEPENDENT OUTSIDE COMPENSATION CONSULTANT MAKES A RECOMMENDATION WHICH IS FORMALLY APPROVED BY THE BOARD OF TRUSTEES. THE ABOVE PROCESS, INCLUDING IDENTIFICATION OF THE BOARD MEMBERS WHO WERE PRESENT AND APPROVED THE COMPENSATION, IS DOCUMENTED IN THE MEETING MINUTES OF THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND THE FULL BOARD OF TRUSTEES, RESPECTIVELY. THESE MINUTES ARE THEN APPROVED AT THE NEXT MEETING OF THE RESPECTIVE GROUPS. AS DESCRIBED, THE COMPENSATION PROCEDURES OF THE COLLEGE MET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION. |
| PUBLIC INSPECTION | PART VI, SECTION C, LINE 19 EMERSON COLLEGE MAKES AVAILABLE FORM 990 ON ITS WEBSITE, AND FORM 990-T UPON REQUEST. DURING THE YEAR, THE COLLEGE RECEIVES REGULAR REQUESTS FOR THE TAX DOCUMENTS AND THESE REQUESTS ARE NORMALLY FULFILLED WITHIN A DAY. THE COLLEGE MAKES AVAILABLE ITS GOVERNING DOCUMENTS (BY-LAWS) ON THE COLLEGE'S WEBSITE. THE COLLEGE MAKES AVAILABLE ON ITS WEBSITE ITS CONFLICT OF INTEREST POLICY AND ITS FINANCIAL STATEMENTS. |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS INCLUDE THE CHANGE IN PRESENT VALUE OF A CHARITABLE REMAINDER TRUST IN THE AMOUNT OF ($56,076). |
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