THE ROSS INSTITUTE INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- THE ROSS INSTITUTE INC (EIN 01-0880911)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-15
- IRS object ID
- 201501359349306185
- Schema version
- 2013v4.0
- 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 G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-15T14:47:18-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 972 Emerson Parkway STE A | AddressLine1 |
| City | Greenwood | City |
| State | IN | State |
| ZIP Code | 46143 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010880911 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ross Institute | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROSS | BusinessNameControlTxt |
| Phone | 6319075102 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 Goodfriend Drive | AddressLine1 |
| City | East Hampton | City |
| State | NY | State |
| ZIP Code | 11937 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dan Spindler | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 6319075102 | PhoneNum |
| Signature | 2015-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Daren Daiga | PreparerPersonNm |
| PTIN | P01074795 | PTIN |
| Phone | 3178852620 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ross School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Courtney Sale Ross | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 Goodfriend Drive | AddressLine1 |
| City | East Hampton | City |
| State | NY | State |
| ZIP Code | 11937 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $58,195,549 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://rossinstitute.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | To change the way education meets the future through leadership & engaging the global community. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 591 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $2,895 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$102,137 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $32,079,707 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,571,495 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $26,528,934 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $32,144,143 | CYProgramServiceRevenueAmt |
| PY Investment Income | $75,093 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,421,554 | CYInvestmentIncomeAmt |
| PY Other Revenue | $232,951 | PYOtherRevenueAmt |
| CY Other Revenue | $256,742 | CYOtherRevenueAmt |
| PY Total Revenue | $58,916,685 | PYTotalRevenueAmt |
| CY Total Revenue | $54,393,934 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,024,528 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,548,933 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,357,905 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,661,844 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,021,802 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,862,760 | PYOtherExpensesAmt |
| CY Other Expenses | $21,134,411 | CYOtherExpensesAmt |
| PY Total Expenses | $35,245,193 | PYTotalExpensesAmt |
| CY Total Expenses | $42,345,188 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $23,671,492 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,048,746 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $105,565,159 | TotalAssetsBOYAmt |
| Total Assets EOY | $112,166,658 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $35,267,371 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $29,820,124 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $70,297,788 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $82,346,534 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Our mission is to change the way education meets the future; to foster interdisciplinary, integrated thinking and innovative leadership; to engage fully in the global community; and to facilitate lifelong learning. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $31,654,409 | ExpenseAmt |
| Grant | $3,538,657 | GrantAmt |
| Revenue | $32,131,565 | RevenueAmt |
| Desc | Education of students in Pre-Nursery to Pre-K, grades K-12, postgraduate, and for the community-at-large. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,833,116 | ExpenseAmt |
| Desc | Research and development of innovative curriculum and programs in order to prepare students for college and career options in the 21st century. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,084,063 | ExpenseAmt |
| Grant | $10,276 | GrantAmt |
| Revenue | $9,683 | RevenueAmt |
| Desc | Providing professional development for schools and individuals that would like to adopt the Ross Model, growing our worldwide community of Ross Schools that are committed to 21st century education and catalyzing research in order to improve pedagogical practice. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $968,725 | ExpenseAmt |
| Desc | Development and utilization of technology for education in an educational environment. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $968,725 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $37,540,313 | 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 | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | 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 | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | 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 | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 150 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 591 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| 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 | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Grossi | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6319075102 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 Goodfriend Drive | AddressLine1 |
| City | East Hampton | City |
| State | NY | State |
| ZIP Code | 11937 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Courtney Sale Ross | |||||||
| President/Chair | 20.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Jennifer Chidsey | |||||||
| COO, Trustee | 50.00 | Yes (X) | Yes (X) | $217,625 | $0 | $12,335 | |
| Catherine Hickey | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Lori Schiaffino | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Martin Payson part year | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Nick Appelbaum | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Nicole Ross | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Patricia Walton Silver | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Susan Weber | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Barrie Glabman | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Margaret Regan | |||||||
| Secretary/Exec Asst | 50.00 | Yes (X) | $62,157 | $0 | $15,141 | ||
| Andrew Robbins | |||||||
| Treasurer | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Rebecca Vollmer | |||||||
| Director of Development | 50.00 | $139,920 | $0 | $5,708 | Yes (X) | ||
| Cyril P Lim | |||||||
| Executive Assistant | 50.00 | $155,449 | $0 | $6,250 | Yes (X) | ||
| Donald Smith | |||||||
| Director of Enrollment | 50.00 | $173,702 | $0 | $15,662 | Yes (X) | ||
| Gregg Maloberti | |||||||
| Director of Development | 50.00 | $174,481 | $0 | $22,437 | Yes (X) | ||
| Jeanette Tyndall | |||||||
| Head of Lower School | 50.00 | $164,776 | $0 | $8,147 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,088,110 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $85,680 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HL Group Partners LLC | |||||
| 853 Broadway 18th Floor | New York | NY | 10003 | Consulting/PR | $182,961 |
| Whiteman Osterman & Hanna LLP | |||||
| One Commerce Plaza | Albany | NY | 12260 | Legal Services | $167,434 |
| 2 Rogers Court LLC | |||||
| 41 Meeting House Lane | Southampton | NY | 11968 | Rent - Housing | $165,000 |
| Marco Bautista | |||||
| 61 Light House Lane | Sag Harbor | NY | 11963 | Landscaping | $162,753 |
| 3 Goodfriend LLC | |||||
| 3 Goodfriend Drive | East Hampton | NY | 11937 | Rent - Office | $156,024 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $523,251 | FundraisingAmt |
| All Other Contributions | $15,048,244 | AllOtherContributionsAmt |
| Noncash Contributions | $5,000,000 | NoncashContributionsAmt |
| Total Contributions | $15,571,495 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Tuition and fees | 900099 | $26,853,231 | $26,853,231 | |
| Summer camp income | 900099 | $3,413,035 | $3,413,035 | |
| Tennis center income | 900099 | $945,658 | $945,658 | |
| Other school programs | 900099 | $932,219 | $929,324 | $2,895 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $32,144,143 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,368 | TotalRevenueColumnAmt |
| Exclusion | $17,368 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $436,415 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $34,458 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $401,957 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $401,957 | TotalRevenueColumnAmt |
| Exclusion | $401,957 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $9,957,028 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $3,552,842 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $6,404,186 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,404,186 | TotalRevenueColumnAmt |
| Exclusion | $6,404,186 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $69,100 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $523,251 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $214,315 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$145,215 | TotalRevenueColumnAmt |
| Exclusion | -$145,215 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,393,934 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,141,248 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,895 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,678,296 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,276 | TotalAmt |
| Program Services | $10,276 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,538,657 | TotalAmt |
| Program Services | $3,538,657 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,280 | TotalAmt |
| Management And General | $321,280 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,703,546 | TotalAmt |
| Program Services | $12,912,870 | ProgramServicesAmt |
| Management And General | $1,193,131 | ManagementAndGeneralAmt |
| Fundraising | $597,545 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $318,217 | TotalAmt |
| Program Services | $277,177 | ProgramServicesAmt |
| Management And General | $27,849 | ManagementAndGeneralAmt |
| Fundraising | $13,191 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,226,532 | TotalAmt |
| Program Services | $1,082,479 | ProgramServicesAmt |
| Management And General | $94,464 | ManagementAndGeneralAmt |
| Fundraising | $49,589 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,092,269 | TotalAmt |
| Program Services | $939,483 | ProgramServicesAmt |
| Management And General | $109,073 | ManagementAndGeneralAmt |
| Fundraising | $43,713 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $737,149 | TotalAmt |
| Program Services | $321,037 | ProgramServicesAmt |
| Management And General | $415,112 | ManagementAndGeneralAmt |
| Fundraising | $1,000 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,915 | TotalAmt |
| Program Services | $1,317 | ProgramServicesAmt |
| Management And General | $94,598 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,988,707 | TotalAmt |
| Program Services | $1,553,655 | ProgramServicesAmt |
| Management And General | $420,583 | ManagementAndGeneralAmt |
| Fundraising | $14,469 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,681 | TotalAmt |
| Program Services | $255,571 | ProgramServicesAmt |
| Management And General | $16,701 | ManagementAndGeneralAmt |
| Fundraising | $84,409 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,144,888 | TotalAmt |
| Program Services | $803,311 | ProgramServicesAmt |
| Management And General | $270,105 | ManagementAndGeneralAmt |
| Fundraising | $71,472 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,496 | TotalAmt |
| Program Services | $81,677 | ProgramServicesAmt |
| Management And General | $5,019 | ManagementAndGeneralAmt |
| Fundraising | $800 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,925,392 | TotalAmt |
| Program Services | $4,812,709 | ProgramServicesAmt |
| Management And General | $99,278 | ManagementAndGeneralAmt |
| Fundraising | $13,405 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,124,674 | TotalAmt |
| Program Services | $1,025,549 | ProgramServicesAmt |
| Management And General | $53,028 | ManagementAndGeneralAmt |
| Fundraising | $46,097 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,709 | TotalAmt |
| Program Services | $46,211 | ProgramServicesAmt |
| Management And General | $40,032 | ManagementAndGeneralAmt |
| Fundraising | $466 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,316 | TotalAmt |
| Program Services | $317,543 | ProgramServicesAmt |
| Management And General | $41,092 | ManagementAndGeneralAmt |
| Fundraising | $6,681 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,289,231 | TotalAmt |
| Program Services | $4,960,946 | ProgramServicesAmt |
| Management And General | $289,858 | ManagementAndGeneralAmt |
| Fundraising | $38,427 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,128,444 | TotalAmt |
| Program Services | $1,060,122 | ProgramServicesAmt |
| Management And General | $57,068 | ManagementAndGeneralAmt |
| Fundraising | $11,254 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Repairs & Maintenance | $2,034,232 | $1,940,685 | $70,751 | $22,796 |
| Food and Meals | $962,144 | $896,142 | $62,779 | $3,223 |
| Dues and Memberships | $226,207 | $206,701 | $18,048 | $1,458 |
| Bad Debt Expense | $204,921 | $204,921 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $376,305 | TotalAmt |
| Program Services | $291,274 | ProgramServicesAmt |
| Management And General | $83,224 | ManagementAndGeneralAmt |
| Fundraising | $1,807 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,345,188 | TotalAmt |
| Program Services | $37,540,313 | ProgramServicesAmt |
| Management And General | $3,783,073 | ManagementAndGeneralAmt |
| Fundraising | $1,021,802 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,654,522 | BOYAmt |
| EOY | $2,125,889 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,943 | BOYAmt |
| EOY | $12,042,791 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $252,604 | BOYAmt |
| EOY | $216,942 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $237,693 | BOYAmt |
| EOY | $115,290 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $971,016 | BOYAmt |
| EOY | $656,608 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $171,058,459 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $75,047,147 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,471,723 | BOYAmt |
| EOY | $96,011,312 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,454 | BOYAmt |
| EOY | $197,971 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $754,204 | BOYAmt |
| EOY | $799,855 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,565,159 | BOYAmt |
| EOY | $112,166,658 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,429,754 | BOYAmt |
| EOY | $2,903,112 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,394,746 | BOYAmt |
| EOY | $14,201,492 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,380,000 | BOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $556,957 | BOYAmt |
| EOY | $237,650 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,320,513 | BOYAmt |
| EOY | $12,142,166 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,000,000 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,401 | BOYAmt |
| EOY | $335,704 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,267,371 | BOYAmt |
| EOY | $29,820,124 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,615,266 | BOYAmt |
| EOY | $73,951,037 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $486,541 | BOYAmt |
| EOY | $8,199,516 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,981 | BOYAmt |
| EOY | $195,981 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,297,788 | BOYAmt |
| EOY | $82,346,534 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,565,159 | BOYAmt |
| EOY | $112,166,658 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $12,048,746 | ReconcilationRevenueExpnssAmt |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $5,000,000 | RevenuesIncludedAmt |
| Assets Included | $5,000,000 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | Educational | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $197,454 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $517 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $197,971 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $196,813 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $641 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $197,454 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $235,949 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $864 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $40,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $196,813 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $235,726 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $223 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $235,949 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $235,711 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $15 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $235,726 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.98990 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.01010 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,844,064 | OtherCostOrOtherBasisAmt |
| Book Value | $13,844,064 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $135,820,858 | OtherCostOrOtherBasisAmt |
| Depreciation | $63,060,362 | DepreciationAmt |
| Book Value | $72,760,496 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,456,583 | OtherCostOrOtherBasisAmt |
| Depreciation | $286,151 | DepreciationAmt |
| Book Value | $2,170,432 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,535,067 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,145,872 | DepreciationAmt |
| Book Value | $1,389,195 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $5,000,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,401,887 | OtherCostOrOtherBasisAmt |
| Depreciation | $554,762 | DepreciationAmt |
| Book Value | $5,847,125 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $96,011,312 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Capital lease obligation | Desc |
| Amt | $335,704 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $335,704 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $50,889,735 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $34,458 | OtherRevenueAmt |
| Revenue Not Reported | $34,458 | RevenueNotReportedAmt |
| Revenue Subtotal | $50,855,277 | RevenueSubtotalAmt |
| Other Revenues Not Included | $3,538,657 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $3,538,657 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $54,393,934 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $38,840,989 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $34,458 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $34,458 | ExpensesNotReportedAmt |
| Expenses Subtotal | $38,806,531 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,538,657 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,538,657 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,345,188 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The artwork maintained by the Ross Institute is utilized for educational purposes and is integrated into the curriculum. |
| Part V, Line 4: | Each fiscal year, the Institute is authorized to expend from the Scholarship Fund (endowment) an amount equal to four and one-half percent of the principal of the endowment as of the first business day of such year, or such other amount as shall be mutually agreed upon by the donor or the donor's designated representatives and the Ross School. The endowment payout shall be paid first from the income of the endowment and, if and to the extent that such income is insufficient, from the principal of the endowment. If the income of the endowment in any fiscal year exceeds the authorized payout amount for such year, the excess will be added to principal at the end of such fiscal year. The endowment payout for each fiscal year shall be used to award scholarships to help support the tuition for one or more students at the Institute entering the ninth grade who have exhibited a deep interest in or enjoyment of the arts and/or sciences, especially the environmental science, and who are eligible on a needs basis for financial aid at the Institute. |
| Part X, Line 2: | The effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are reported in expenses in the consolidated statements of activities. As of June 30, 2014 and 2013, the Institute had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The Institute files tax and other information returns in the U.S and certain states. The Institute is generally no longer subject to U.S. federal or state examinations by tax authorities for years before 2009. |
| Part XI, Line 2d - Other Adjustments: | Rental Expenses 34,458. |
| Part XI, Line 4b - Other Adjustments: | Scholarships and financial aid 3,538,657. |
| Part XII, Line 2d - Other Adjustments: | Rental Expenses 34,458. |
| Part XII, Line 4b - Other Adjustments: | Scholarships and financial aid 3,538,657. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule E, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | Ross Institute follows a racially nondiscriminatory policy as to students in its programs. The Institute's promotional activities for its programs are designed to inform all racial segments in the general communities within the area of the availability of the Institute. A clause is included in the admissions catalog and on its website. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Club Starlight | NameOfEvent1Amt |
| Gross Receipts Event1 | $547,496 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $487,646 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $59,850 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $39,316 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $30,649 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $127,600 | EntertainmentEvent1Amt |
| Name Of Event2 | Golf Outing | NameOfEvent2Amt |
| Gross Receipts Event2 | $44,855 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $35,605 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $9,250 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $15,605 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $1,145 | FoodAndBeverageEvent2Amt |
| Gross Receipts Total | $592,351 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $523,251 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $69,100 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $54,921 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $31,794 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $127,600 | EntertainmentTotalEventsAmt |
| Direct Expense Summary Events | $214,315 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$145,215 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DavidLiittschwager Natural History Photography | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 Parnassus Avenue 1 | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94117 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 202431003 | RecipientEIN |
| Cash Grant | $10,000 | CashGrantAmt |
| Purpose Of Grant | Organization support | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Scholarships | 177 | $3,329,828 |
| Summer Camp Financial Aid | 113 | $208,829 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Ross Institute reviews all expenditures for which its grants and scholarships are intended to pay. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jennifer Chidsey | ||||||||||||||
| COO, Trustee | $198,125 | $0 | $19,500 | $0 | $0 | $0 | $5,465 | $0 | $7,858 | $0 | $230,948 | $0 | $0 | $0 |
| Cyril P Lim | ||||||||||||||
| Executive Assistant | $143,449 | $0 | $12,000 | $0 | $0 | $0 | $6,250 | $0 | $950 | $0 | $162,649 | $0 | $0 | $0 |
| Donald Smith | ||||||||||||||
| Director of Enrollment | $173,306 | $0 | $0 | $0 | $396 | $0 | $8,792 | $0 | $8,631 | $0 | $191,125 | $0 | $0 | $0 |
| Gregg Maloberti | ||||||||||||||
| Director of Development | $174,343 | $0 | $0 | $0 | $138 | $0 | $5,296 | $0 | $18,093 | $0 | $197,870 | $0 | $0 | $0 |
| Jeanette Tyndall | ||||||||||||||
| Head of Lower School | $164,014 | $0 | $0 | $0 | $762 | $0 | $8,147 | $0 | $988 | $0 | $173,911 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|
| Courtney S Ross | ||||||
| Operating line of credit | Yes (X) | $18,206,070 | $186,441 | 0 | Yes (1) | Yes (1) |
| Courtney S Ross | ||||||
| Payable to President | Yes (X) | $243,764 | $51,209 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $237,650 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Andco | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Company owned by President | RelationshipDescriptionTxt |
| Transaction | $169,000 | TransactionAmt |
| Transaction | Reimbursements paid for shared employee services (this includes services provided by Cyril P. Lim, a highest compensated employee reported on Form 990, Part VII, Section A) | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,000,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number of contributors represents the number of contributions received. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Courtney Sale Ross, President, and Nicole Ross, Trustee - Family relationship |
| Form 990, Part VI, Section B, line 11 | The Form 990 is prepared by an independent CPA firm. A preliminary draft of the Organization's Form 990, including all required schedules, was provided to management. Management reviewed the draft Form 990, consulted with the Organization's accountants and tax return preparers, and took all other measures necessary and appropriate to ensure that the final version of the Form 990 is complete and accurate to the best of their knowledge. A copy of the final version of the Form 990, including all required schedules, was provided to each member of the Organization's Board of Trustees prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | Each director, principal officer, and member of a committee with governing board delegated powers signs a conflict of interest statement annually which are reviewed by the officers. If a conflict should arise, the individual shall leave the meeting during discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. |
| Form 990, Part VI, Section B, line 15 | 15a - The Executive Committee of the Board of Trustees approves the Chief Operating Officer's compensation by performing an analysis and utilizing appropriate data as to the comparability of the compensation. The Executive Committee is required to adequately document the basis for its determinations. This process was last completed during 2010. 15b - The Executive Committee of the Board of Trustees approves the compensation of other officers and key employees by performing an analysis and utilizing appropriate data as to the comparability of the compensation. The Executive Committee is required to adequately document the basis for its determinations. This process was last completed during 2010. |
| Form 990, Part VI, Section C, line 19 | The School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| Form 990, Part VI, Section A, Line 1a | The Board of Trustees may, by resolution, designate five or more trustees (one of whom shall be the Chairperson of the Board of Trustees) to constitute an Executive Committee, and delegate to the Executive Committee any of the powers and authority of the Board of Trustees in the management of the business and affairs of the Corporation, except for: the amendment or repeal of Bylaws or the adoption of new Bylaws; the amendment or repeal of any resolution of the Board of Trustees that by its express terms is not so amendable or repealable; the filling of vacancies in the Board of Trustees or in any committee; the approval of any transaction in which a trustee or officer has an interest; and the granting of degrees or making removals from office. |
| Form 990, Part VII | Reporting of W-2 wages and benefits Cyril P. Lim, one of the highest compensated employees reported in Form 990, Part VII, spends time working for both Ross Institute and Andco (see disclosure in Sch L, Part IV). The amount reimbursed by Andco for this employee's time is based on the actual hours spent working for the organization. The amounts reported in Part VII, Form 990 reflect the total wages paid to this employee, not just the amounts allocable to Ross Institute. |
| Form 990, Part XII, Line 2c | The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSIL26 LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 Goodfriend Drive | AddressLine1 |
| City | East Hampton | City |
| State | NY | State |
| ZIP Code | 11937 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Real estate management | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $1,655,755 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ross Institute | BusinessNameLine1 |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Stiftelsen Ross Institute Sweden | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o The Ross Institute 560 Broadway | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10012 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Education | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | SW | LegalDomicileForeignCountryCd |
| Exempt Code Section | N/A | ExemptCodeSectionTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| 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 | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | 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 | 0 | TransferFromOtherOrgInd |
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