PURCHASE COLLEGE FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- PURCHASE COLLEGE FOUNDATION (EIN 23-7066616)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2016-11-14
- IRS object ID
- 201643199349301709
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-14T08:38:25-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 161131146 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONADIO & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 WEMBLEY COURT | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12205 | 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 | 237066616 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PURCHASE COLLEGE FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O SUNY PURCHASE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PURC | BusinessNameControlTxt |
| Phone | 9142516139 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 735 ANDERSON HILL ROAD | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10577 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CATHERINE M BROD | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9142516139 | PhoneNum |
| Signature | 2016-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN C OLSEN | PreparerPersonNm |
| PTIN | P00321116 | PTIN |
| Phone | 5184644080 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CATHERINE M BROD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 735 ANDERSON HILL ROAD | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10577 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $26,007,789 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1969 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE FOUNDATION WAS INCORPORATED UNDER THE NOT-FOR-PROFIT LAWS OF THE STATE OF NEW YORK FOR THE PROMOTION AND SUPPORT OF PURCHASE COLLEGE, STATE UNIVERSITY OF NEW YORK. UNIQUELY, PURCHASE COLLEGE COMBINES BOTH RENOWNED AND HIGHLY SELECTIVE PROFESSIONAL AND CONSERVATORY ARTS PROGRAMS WITH DISTINGUISHED LIBERAL ARTS AND SCIENCES PROGRAMS. THE LARGEST PROGRAMS ARE IN VISUAL ARTS, MUSIC, LIBERAL STUDIES, PSYCHOLOGY, DANCE, BIOLOGY, JOURNALISM AND NEW MEDIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 239 | TotalEmployeeCnt |
| Total Volunteers | 94 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,761,032 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,665,642 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,030,676 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,610,297 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,053,078 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,302,517 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $12,844,786 | PYTotalRevenueAmt |
| CY Total Revenue | $8,578,456 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,884,001 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,921,187 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,653,520 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,405,004 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $221,782 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,501,063 | PYOtherExpensesAmt |
| CY Other Expenses | $4,622,337 | CYOtherExpensesAmt |
| PY Total Expenses | $8,038,584 | PYTotalExpensesAmt |
| CY Total Expenses | $7,948,528 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,806,202 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $629,928 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $76,692,204 | TotalAssetsBOYAmt |
| Total Assets EOY | $71,219,683 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,519,962 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,057,777 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $72,172,242 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $68,161,906 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FOUNDATION WAS INCORPORATED UNDER THE NOT-FOR-PROFIT LAWS OF THE STATE OF NEW YORK FOR THE PROMOTION OF LITERATURE, HISTORY, VISUAL AND PERFORMING ARTS, SCIENCE AND OTHER DEPARTMENTS OF EDUCATION AT THE STATE UNIVERSITY OF NEW YORK AT PURCHASE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,573,502 | ExpenseAmt |
| Revenue | $2,465,294 | RevenueAmt |
| Desc | THE PERFORMING ARTS CENTER, A FOUR THEATRE COMPLEX AT PURCHASE COLLEGE, IS THE MAJOR PROFESSIONAL, NOT-FOR-PROFIT ARTS PRESENTER IN SOUTHEASTERN NEW YORK-SOUTHWESTERN CONNECTICUT REGION. PRESENTATIONS INCLUDE PROFESSIONAL ARTISTS, SPECIAL PROGRAMS FOR K-12, VARIOUS SPECIAL EVENTS AND PRESENTATIONS BY PURCHASE COLLEGE CONSERVATORIES OF MUSIC, DANCE, AND THEATRE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,921,187 | ExpenseAmt |
| Grant | $1,921,187 | GrantAmt |
| Desc | INSTITUTIONAL SCHOLARSHIPS ARE AWARDED BY THE COLLEGE USING FUNDS FROM THE PURCHASE COLLEGE FOUNDATION, AS WELL AS OTHER SOURCES. FOUNDATION FUNDS COME FROM THE GENEROUS CONTRIBUTIONS OF DONORS TO THE FOUNDATION. THESE DONORS ARE INDIVIDUALS, FAMILIES, FOUNDATIONS AND CORORATIONS. DURING THE 2015-16 ACADEMIC YEAR, APPROXIMATELY 57.2% OF THE STUDENTS RECEIVED FINANCIAL AID. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $635,272 | ExpenseAmt |
| Revenue | $79,731 | RevenueAmt |
| Desc | THE NEUBERGER MUSEUM OF ART IS THE PREMIER MUSEUM OF MODERN, CONTEMPORARY AND AFRICAN ART IN WESTCHESTER AND FAIRFIELD COUNTIES. A TEACHING MUSEUM, THE NEUBERGER PROMOTES THE APPRECIATION AND ENJOYMENT OF THE VISUAL ARTS AS INSEPARABLE FROM AN UNDERSTANDING OF THEIR PLACE IN CULTURAL AND INTELLECTUAL HISTORY AND THEIR RELEVANCE TO CONTEMPORARY SOCIAL LIFE. AS AN INTERGRAL PART OF PURCHASE COLLEGE AND A VITAL CENTER OF THE COMMUNITY ENGAGEMENT, THE NEUBERGER SUPPORTS LIFELONG LEARNING BY TAKING A CRITICAL, INTERDISCIPLINARY APPROACH TO ITS COLLECTIONS, EXHIBITIONS, AND PUBLIC PROGRAMS. APPROXIMATELY 58,000 VISITORS ATTEND THE MUSEUM EACH YEAR. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,947,650 | ExpenseAmt |
| Revenue | $65,272 | RevenueAmt |
| Desc | OTHER PROGRAM SERVICES | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,947,650 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $65,272 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $7,077,611 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 250 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 239 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | 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 | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KARL R DUCHEK | PersonNm |
| Phone | 9142516139 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 735 ANDERSON HILL ROAD | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105771400 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| CATHERINE M BROD - EX OFFICIO | |||||||
| TRUSTEE/EXEC DIRECTOR (JOINED JAN '16) | 15.00 | 10.00 | Yes (X) | $0 | $0 | $0 | |
| JEANNINE STARR - EX OFFICIO | |||||||
| TRUSTEE/EXEC DIRECTOR (RESIGNED OCT '15) | 15.00 | 10.00 | Yes (X) | $0 | $0 | $0 | |
| LUCILLE WERLINICH | |||||||
| CHAIR | 4.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DONALD CECIL | |||||||
| VICE CHAIR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ANN SCHEUER | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DIAN PETRILLO | |||||||
| SECRETARY | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CARL AUSTIN | |||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUSAN DUBIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS F EGAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT FEDER | |||||||
| TRUSTEE | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |
| PETER M FISHBEIN | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE OTIS GRAHAM | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EMILY GRANT | |||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PHYLLIS HYACINTHE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA JACOBS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM KLINGENSTEIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH SLANER LARKIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDITH J NOLAN - EX OFFICIO | |||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BARRY PEARSON - EX OFFICIO | |||||||
| TRUSTEE | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS J SCHWARZ - EX OFFICIO | |||||||
| TRUSTEE | 3.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RUTH HINDERFELD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE C IFILL | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDITH A RIGGS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES SANDLING | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN M TOLOMER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT F WEINBERG | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PURCHASE COLLEGE | |||||
| 735 ANDERSON HILL ROAD | PURCHASE | NY | 10577 | FEE FOR SERVICES | $537,341 |
| BOSTON SYMPHONY ORCHESTRA INC | |||||
| 301 MASSACHUSETTS AVENUE | BOSTON | MA | 02115 | ARTIST FEES | $165,000 |
| OPUS 3 ARTISTS | |||||
| 470 PARK AVENUE SOUTH | NEW YORK | NY | 10016 | ARTIST FEES | $147,000 |
| COLUMBIA ARTIST MANAGEMENT LLC | |||||
| 1790 BROADWAY 16TH FLOOR | NEW YORK | NY | 10019 | ARTIST FEES | $117,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $306,113 | RelatedOrganizationsAmt |
| All Other Contributions | $1,359,529 | AllOtherContributionsAmt |
| Total Contributions | $1,665,642 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PERFORMING ARTS CENTER INCOME | 711190 | $2,465,294 | $2,465,294 |
| NEUBERGER MUSEUM OF ART | 453220 | $79,731 | $79,731 |
| OTHER INCOME | 900099 | $50,490 | $50,490 |
| PURCHASE COLLEGE FOUNDATION TICKE | 711190 | $14,782 | $14,782 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,610,297 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,378,636 | TotalRevenueColumnAmt |
| Exclusion | $3,378,636 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,353,214 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,429,333 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $923,881 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $923,881 | TotalRevenueColumnAmt |
| Exclusion | $923,881 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,578,456 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,610,297 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,302,517 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,921,187 | TotalAmt |
| Program Services | $1,921,187 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,186,534 | TotalAmt |
| Program Services | $982,398 | ProgramServicesAmt |
| Management And General | $204,136 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,104 | TotalAmt |
| Program Services | $185,104 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,366 | TotalAmt |
| Program Services | $33,366 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,250 | TotalAmt |
| Management And General | $33,250 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,184 | TotalAmt |
| Management And General | $144,184 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,526,211 | TotalAmt |
| Program Services | $1,403,193 | ProgramServicesAmt |
| Management And General | $50,462 | ManagementAndGeneralAmt |
| Fundraising | $72,556 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,834 | TotalAmt |
| Program Services | $228,643 | ProgramServicesAmt |
| Fundraising | $6,191 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,110,871 | TotalAmt |
| Program Services | $867,757 | ProgramServicesAmt |
| Management And General | $164,402 | ManagementAndGeneralAmt |
| Fundraising | $78,712 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,465 | TotalAmt |
| Program Services | $136,760 | ProgramServicesAmt |
| Management And General | $1,832 | ManagementAndGeneralAmt |
| Fundraising | $9,873 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,134 | TotalAmt |
| Management And General | $15,134 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,829 | TotalAmt |
| Program Services | $1,094 | ProgramServicesAmt |
| Management And General | $35,735 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| PRODUCTION | $1,073,409 | $1,067,124 | $6,285 |
| RECEPTION EXPENSE | $132,608 | $100,267 | $32,341 |
| REPAIRS AND MAINTENANCE | $88,372 | $88,372 | |
| ACQUISITIONS/BAD DEBT | $43,322 | $43,322 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,848 | TotalAmt |
| Program Services | $19,024 | ProgramServicesAmt |
| Fundraising | $15,824 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,948,528 | TotalAmt |
| Program Services | $7,077,611 | ProgramServicesAmt |
| Management And General | $649,135 | ManagementAndGeneralAmt |
| Fundraising | $221,782 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,663,532 | BOYAmt |
| EOY | $3,762,756 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,097,374 | BOYAmt |
| EOY | $997,374 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278,837 | BOYAmt |
| EOY | $233,072 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $322,788 | BOYAmt |
| EOY | $221,393 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,768 | BOYAmt |
| EOY | $46,090 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $527,405 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $443,143 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,396 | BOYAmt |
| EOY | $84,262 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,279,770 | BOYAmt |
| EOY | $42,495,477 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,637,798 | BOYAmt |
| EOY | $23,243,798 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,941 | BOYAmt |
| EOY | $135,461 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,692,204 | BOYAmt |
| EOY | $71,219,683 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $631,372 | BOYAmt |
| EOY | $235,949 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $973,146 | BOYAmt |
| EOY | $786,166 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,915,444 | BOYAmt |
| EOY | $2,035,662 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,519,962 | BOYAmt |
| EOY | $3,057,777 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,748,587 | BOYAmt |
| EOY | $6,546,791 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,246,413 | BOYAmt |
| EOY | $24,685,889 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,177,242 | BOYAmt |
| EOY | $36,929,226 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,172,242 | BOYAmt |
| EOY | $68,161,906 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,692,204 | BOYAmt |
| EOY | $71,219,683 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $629,928 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$4,640,264 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,958,281 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,178,524 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,964,124 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,761,032 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,665,642 | CurrentTaxYearAmt |
| Total | $17,527,603 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $83,750 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $85,770 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $87,515 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $858,585 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $854,661 | CurrentTaxYearAmt |
| Total | $1,970,281 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,042,031 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,264,294 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,051,639 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,619,617 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,520,303 | CurrentTaxYearAmt |
| Total | $19,497,884 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,448,965 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,048,919 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $678,728 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $991,924 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,275,643 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,854,001 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,378,636 | CurrentTaxYearAmt |
| Total | $10,178,932 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $29,676,816 | TotalSupportAmt |
| Public Support CY170 | 0.40600 | PublicSupportCY170Pct |
| Public Support PY170 | 0.41430 | 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) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $63,381,666 | BeginningYearBalanceAmt |
| Contributions | $417,006 | ContributionsAmt |
| Investment Earnings Or Losses | -$468,505 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $783,594 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,434,869 | OtherExpendituresAmt |
| End Year Balance | $60,111,704 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $62,847,380 | BeginningYearBalanceAmt |
| Contributions | $1,481,172 | ContributionsAmt |
| Investment Earnings Or Losses | $1,752,807 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $774,188 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,925,504 | OtherExpendituresAmt |
| End Year Balance | $63,381,666 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,727,605 | BeginningYearBalanceAmt |
| Contributions | $250,736 | ContributionsAmt |
| Investment Earnings Or Losses | $11,115,191 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $539,878 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,706,277 | OtherExpendituresAmt |
| End Year Balance | $62,847,380 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $46,290,766 | BeginningYearBalanceAmt |
| Contributions | $2,554,500 | ContributionsAmt |
| Investment Earnings Or Losses | $7,063,613 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $691,396 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,489,878 | OtherExpendituresAmt |
| End Year Balance | $53,727,605 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,332,808 | BeginningYearBalanceAmt |
| Contributions | $2,843,429 | ContributionsAmt |
| Investment Earnings Or Losses | $314,232 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $394,400 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,805,303 | OtherExpendituresAmt |
| End Year Balance | $46,290,766 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.04960 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.33610 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.61430 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $527,405 | OtherCostOrOtherBasisAmt |
| Depreciation | $443,143 | DepreciationAmt |
| Book Value | $84,262 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $84,262 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FIDELITY CONTRA FUND | $12,591,075 | F |
| VANGUARD 500 INDEX ADMIRAL FUND | $4,603,551 | F |
| MAIRS AND POWER GROWTH FUND | $5,848,966 | F |
| INVESTMENTS HELD FOR GIFT ANNUITIES | $200,206 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $23,243,798 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO STATE UNIVERSITY OF NEW YORK | $339,348 |
| GIFT ANNUITY PAYABLE | $95,652 |
| DUE TO PURCHASE COLLEGE ASSOCIATION | $1,480,728 |
| DUE TO AFFILIATES | $119,934 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,035,662 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $5,107,746 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$4,640,264 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $854,661 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $765,144 | OtherRevenueAmt |
| Revenue Not Reported | -$3,020,459 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,128,205 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $144,138 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $306,113 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $450,251 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,578,456 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,102,487 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $854,661 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $443,436 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,298,097 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,804,390 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $144,138 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $144,138 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,948,528 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THIS AMOUNT REFLECTS CUSTOMER DEPOSITS PERTAINING TO USE OF CERTAIN FACILITIES AT THE PERFMORMING ARTS CENTER AND ARE RETURNED ONCE ALL OBLIGATIONS ARE MET. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | PURCHASE COLLEGE - PERFORMING ARTS CENTER FOUNDATION REVENUE 765,144. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | REVENUE ATTRIBUTABLE TO CONSOLIDATED ENTITIES 306,113. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | PURCHASE COLLEGE - PERFORMING ARTS CENTER FOUNDATION EXPENSES 443,436. |
| PART V, LINE 4 | THE ENDOWMENT FUNDS ARE DESIGNATED TO PROVIDE LONG TERM SUPPORT FOR THE PROGRAMS OF SUNY PURCHASE COLLEGE. THE FUNDS ARE USED TO SUPPORT SCHOLARSHIPS AND CAMPUS PROGRAMS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS ARE GIVEN TO STUDENTS BASED ON NEED, ACADEMIC PERFORMANCE AND ARTISTIC ACHIEVEMENTS. | GrantTypeTxt |
| Recipient | 755 | RecipientCnt |
| Cash Grant | $1,921,187 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | 95% OF INSTITUTIONAL SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS BY THE PURCHASE COLLEGE OFFICE OF STUDENT SERVICES. THE REMAINDER ARE AWARDED DIRECTLY TO CURRENT STUDENTS OF THE COLLEGE FOR EDUCATIONAL RELATED EXPENDITURES WHICH HELP TO ENRICH STUDENTS' COLLEGE EXPERIENCES AND SUPPORT THEIR ABILITY TO COMPLETE THEIR DEGREES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | PRIOR TO FILING FORM 990, IT IS PROVIDED ELECTRONICALLY TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR PERSONAL REVIEW AND QUESTIONING. SUBSEQUENTLY, AND PRIOR TO THE FILING OF THE PURCHASE COLLEGE FOUNDATION FORM 990, THE PERFORMING ARTS CENTER FOUNDATION FORM 990, AND THE PURCHASE COLLEGE FOUNDATION HOUSING CORPORATION FORM 990 (THE PRINCIPAL AFFILIATES), THE COMBINED AUDIT COMMITTEE WILL CONDUCT A REVIEW OF ALL THREE FORMS 990 WITH THE AUDITORS AND TAX PREPARERS PRESENT AND PARTICIPATING WITH MANAGEMENT IN THE PRESENTATION OF THESE FILINGS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY PROVIDES FOR ANNUAL WRITTEN ACKNOWLEDGEMENT BY EACH TRUSTEE OR OFFICER THAT EACH HAS READ AND IS FAMILIAR WITH THE CONFLICT-OF-INTEREST POLICY AND AS TO WHETHER OR NOT THE TRUSTEE OR OFFICER HAS A CONFLICT OF INTEREST. IF A CONFLICT EXISTS, THE COMPLETE DETAILS OF THE CONFLICT ARE TO BE DESCRIBED IN WRITING AND SUBMITTED TO THE BOARD CHAIR OR THE PRESIDENT. THE BOARD CHAIR OR PRESIDENT SHALL REFER THE ISSUE TO THE EXECUTIVE COMMITTEE, OR OTHER BOARD COMMITTEE (THE 'BODY') HAVING DECISION-MAKING AUTHORITY OVER THE SUBSTANTIVE MATTER IN QUESTION. THE TRUSTEE OR OFFICER WHO DISCLOSES A DIRECT OR INDIRECT FINANCIAL INTEREST IN A PROPOSED OR EXISTING CONTRACT, TRANSACTION OR ARRANGEMENT MAY MAKE A PRESENTATION AND RESPOND TO QUESTIONS BY THE BODY, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSION OF, AND VOTE ON, THE CONTRACT, TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. EACH YEAR AT THE BOARD OF TRUSTEES' ANNUAL MEETING, THE CONFLICT-OF-INTEREST POLICY IS DISTRIBUTED AND WRITTEN ACKNOWLEDGMENTS SUBMITTED. DURING THE COURSE OF THE YEAR, FINANCIAL RESULTS AND TRANSACTIONS ARE REVIEWED FOR REASONABLENESS AND APPROPRIATENESS, INCLUDING WITH REGARD TO ANY POTENTIAL FOR THERE BEING A CONFLICT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 735 ANDERSON HILL ROAD, PURCHASE, NY 10577. |
| FORM 990, PART IX, LINE 11G | PERFORMER FEES: PROGRAM SERVICE EXPENSES 1,108,085. MANAGEMENT AND GENERAL EXPENSES 24,460. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,132,545. PURCHASED COLLEGE SERVICES: PROGRAM SERVICE EXPENSES 75,004. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,004. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 220,104. MANAGEMENT AND GENERAL EXPENSES 26,002. FUNDRAISING EXPENSES 72,556. TOTAL EXPENSES 318,662. |
| FORM 990, PART XII, LINE 2C: | THERE IS ONE AUDIT COMMITTEE FOR PURCHASE COLLEGE FOUNDATION, PERFORMING ARTS CENTER FOUNDATION, AND PURCHASE COLLEGE FOUNDATION HOUSING CORP. EACH OF THE RELATED ORGANIZATIONS' BOARD IS REPRESENTED ON THIS COMMITTEE. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| PERFORMING ARTS CENTER FOUNDATION INC | ||||||||||
| 735 ANDERSON HILL ROAD | PURCHASE | NY | 10577 | 134072259 | SUPPORT THE PERFORMING ARTS CENTER AT SUNY PURCHASE | NY | 501(C)(3) | LINE 11A, I | PURCHASE COLLEGE FOUNDATION | Yes (1) |
| PURCHASE COLLEGE FOUNDATION HOUSING CORP | ||||||||||
| 735 ANDERSON HILL ROAD | PURCHASE | NY | 10577 | 134086734 | SEE EXPLANATION IN PART VII | NY | 501(C)(3) | LINE 9 | PURCHASE COLLEGE FOUNDATION | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERFORMING ARTS CENTER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $306,113 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE R, PART II | FormAndLineReferenceDesc |
| Explanation | NAME OF RELATED ORGANIZATION: PURCHASE COLLEGE FOUNDATION-HOUSING CORP. PRIMARY ACTIVITY: TO ACQUIRE, LEASE, CONSTRUCT, RENOVATE AND MAINTAIN DORMITORIES AT SUNY PURCHASE. | ExplanationTxt |
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