SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC (EIN 01-0263908)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201543209349307684
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T12:57:53-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132688836 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROGOFF AND COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 LEXINGTON AVENUE 6TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010263908 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SKOW | BusinessNameControlTxt |
| Phone | 2125290505 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 136 WEST 22ND STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100112432 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD T PRINS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2125290505 | PhoneNum |
| Signature | 2015-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAUL K BRACE | PreparerPersonNm |
| PTIN | P01474547 | PTIN |
| Phone | 2125575666 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GREGORY K PALM | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 136 WEST 22ND STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100112432 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,977,130 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SKOWHEGANART.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | EDUCATIONAL | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 43 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,085,106 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,620,853 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $473,146 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $471,755 | CYProgramServiceRevenueAmt |
| PY Investment Income | $735,469 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,600,643 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$47,858 | PYOtherRevenueAmt |
| CY Other Revenue | -$71,334 | CYOtherRevenueAmt |
| PY Total Revenue | $2,245,863 | PYTotalRevenueAmt |
| CY Total Revenue | $3,621,917 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $236,253 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $219,085 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $923,890 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,022,544 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $226,905 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $819,979 | PYOtherExpensesAmt |
| CY Other Expenses | $859,252 | CYOtherExpensesAmt |
| PY Total Expenses | $1,980,122 | PYTotalExpensesAmt |
| CY Total Expenses | $2,100,881 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $265,741 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,521,036 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $18,783,360 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,403,462 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $59,313 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $52,111 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $18,724,047 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,351,351 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SKOWHEGAN, PRIMARILY A SUMMER RESIDENCY PROGRAM FOR EMERGING VISUAL ARTISTS ESTABLISHED IN 1946, SEEKS EACH YEAR TO BRING TOGETHER A GIFTED AND DIVERSE GROUP OF INDIVIDUALS WHO HAVE DEMONSTRATED A COMMITMENT TO ART-MAKING AND INQUIRY TO CREATE THE MOST STIMULATING AND RIGOROUS ENVIRONMENT FOR A CONCENTRATED PERIOD OF ARTISTIC CREATION, INTERACTION AND GROWTH.SKOWHEGAN ALSO SPONSORS PROGRAMS IN NEW YORK CITY DURING FALL, WINTER AND SPRING TO FOSTER ITS MISSION AMONG ALUMNI AND THE VISUAL ARTS COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,344,786 | ExpenseAmt |
| Grant | $219,085 | GrantAmt |
| Revenue | $471,755 | RevenueAmt |
| Desc | SCHOOL OF PAINTING AND SCULPTURE ATTENDED BY 65 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $210,613 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SKOWHEGAN ALLIANCE AND ALUMNI ACTIVITIES INCLUDING PERFORMANCES, WORKSHOPS, AND EXHIBITIONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,555,399 | 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 | 0 | 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 | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | 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 | 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 | 0 | 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 | 32 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 43 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | 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 | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125290505 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 136 WEST 22ND STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100112432 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| JAN ARONSON | ||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |
| GRACE G BOWMAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MILDRED C BRINN | ||||||
| CHAIRPERSON EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WARREN C COOK | ||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |
| ANDREA CRANE | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| SUSAN PAUL FIRESTONE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT GILSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANN L GUND | ||||||
| CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ROBERT L LOOKER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| VICTORIA LOVE SALNIKOFF | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILSON NOLEN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GREGORY K PALM | ||||||
| PRESIDENT | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| RICHARD T PRINS | ||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JUDSON P REIS | ||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |
| ELEANOR W REVSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LIBBIE J MASTERSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALAN WANZENBERG | ||||||
| TRUSTEE | 10.00 | Yes (X) | $0 | $0 | $0 | |
| CHIARA EDMANDS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID BEITZEL | ||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |
| ELEANOR ACQUAVELLA DEJOUX | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN MELICK | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MIHAIL LARI | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN R COLEMAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATHERINE S SONNENBORN | ||||||
| CO-DIRECTOR | 40.00 | $123,963 | $0 | $10,255 | Yes (X) | |
| SARAH F WORKNEH | ||||||
| CO-DIRECTOR | 40.00 | $123,626 | $0 | $15,400 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $247,589 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $25,655 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $664,218 | FundraisingAmt |
| Government Grants | $35,000 | GovernmentGrantsAmt |
| All Other Contributions | $921,635 | AllOtherContributionsAmt |
| Total Contributions | $1,620,853 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $471,755 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $471,755 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $471,755 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $566,724 | TotalRevenueColumnAmt |
| Exclusion | $566,724 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,164,151 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,130,232 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,033,919 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,033,919 | TotalRevenueColumnAmt |
| Exclusion | $1,033,919 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $67,900 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $664,218 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $216,046 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$148,146 | TotalRevenueColumnAmt |
| Exclusion | -$148,146 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $79,313 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $8,935 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,378 | TotalRevenueColumnAmt |
| Exclusion | $70,378 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| ACTIVITIES INCOME | 900099 | $4,425 | $4,425 |
| MISCELLANEOUS INCOME | 900099 | $2,009 | $2,009 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,434 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,621,917 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $471,755 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,529,309 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,085 | TotalAmt |
| Program Services | $219,085 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,589 | TotalAmt |
| Program Services | $167,101 | ProgramServicesAmt |
| Management And General | $37,149 | ManagementAndGeneralAmt |
| Fundraising | $43,339 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $595,430 | TotalAmt |
| Program Services | $476,973 | ProgramServicesAmt |
| Management And General | $52,216 | ManagementAndGeneralAmt |
| Fundraising | $66,241 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,670 | TotalAmt |
| Program Services | $22,523 | ProgramServicesAmt |
| Management And General | $6,031 | ManagementAndGeneralAmt |
| Fundraising | $7,116 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,214 | TotalAmt |
| Program Services | $44,907 | ProgramServicesAmt |
| Management And General | $8,390 | ManagementAndGeneralAmt |
| Fundraising | $9,917 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,641 | TotalAmt |
| Program Services | $64,467 | ProgramServicesAmt |
| Management And General | $7,418 | ManagementAndGeneralAmt |
| Fundraising | $8,756 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,900 | TotalAmt |
| Management And General | $18,900 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,818 | TotalAmt |
| Management And General | $58,818 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,447 | TotalAmt |
| Program Services | $58,148 | ProgramServicesAmt |
| Management And General | $9,613 | ManagementAndGeneralAmt |
| Fundraising | $16,686 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,440 | TotalAmt |
| Program Services | $83,511 | ProgramServicesAmt |
| Management And General | $20,152 | ManagementAndGeneralAmt |
| Fundraising | $23,777 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,316 | TotalAmt |
| Program Services | $49,019 | ProgramServicesAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
| Fundraising | $2,797 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,361 | TotalAmt |
| Program Services | $18,019 | ProgramServicesAmt |
| Management And General | $15,658 | ManagementAndGeneralAmt |
| Fundraising | $10,684 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,780 | TotalAmt |
| Program Services | $89,281 | ProgramServicesAmt |
| Management And General | $8,945 | ManagementAndGeneralAmt |
| Fundraising | $10,554 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,181 | TotalAmt |
| Program Services | $27,498 | ProgramServicesAmt |
| Management And General | $1,231 | ManagementAndGeneralAmt |
| Fundraising | $1,452 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EQUIPMENT RENTAL AND MA | $66,396 | $60,216 | $2,835 | $3,345 |
| FOOD AND KITCHEN SUPPLI | $65,744 | $65,744 | ||
| MISCELLANEOUS | $31,394 | $17,380 | $5,549 | $8,465 |
| PAYMENTS TO RETIREE | $30,000 | $30,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,475 | TotalAmt |
| Program Services | $91,527 | ProgramServicesAmt |
| Management And General | $34,172 | ManagementAndGeneralAmt |
| Fundraising | $13,776 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,100,881 | TotalAmt |
| Program Services | $1,555,399 | ProgramServicesAmt |
| Management And General | $318,577 | ManagementAndGeneralAmt |
| Fundraising | $226,905 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $650 | BOYAmt |
| EOY | $219,018 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $305,284 | BOYAmt |
| EOY | $106,494 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,409 | BOYAmt |
| EOY | $135,032 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,667 | BOYAmt |
| EOY | $50,706 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,411 | BOYAmt |
| EOY | $29,794 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,007 | BOYAmt |
| EOY | $40,470 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,650,882 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,266,934 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,404,580 | BOYAmt |
| EOY | $4,383,948 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,911,448 | BOYAmt |
| EOY | $13,024,044 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,941,699 | BOYAmt |
| EOY | $1,378,216 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,205 | BOYAmt |
| EOY | $35,740 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,783,360 | BOYAmt |
| EOY | $19,403,462 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,333 | BOYAmt |
| EOY | $31,731 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,980 | BOYAmt |
| EOY | $20,380 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,313 | BOYAmt |
| EOY | $52,111 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,638,518 | BOYAmt |
| EOY | $8,705,571 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,234,144 | BOYAmt |
| EOY | $3,386,242 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,851,385 | BOYAmt |
| EOY | $7,259,538 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,724,047 | BOYAmt |
| EOY | $19,351,351 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,783,360 | BOYAmt |
| EOY | $19,403,462 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,521,036 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$893,732 | 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) |
|---|---|---|
| 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 |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $854,020 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $763,507 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $817,831 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,085,106 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,620,853 | CurrentTaxYearAmt |
| Total | $5,141,317 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $854,020 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $763,507 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $817,831 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,085,106 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,620,853 | CurrentTaxYearAmt |
| Total | $5,141,317 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $53,899 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,087,418 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $224,148 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $394,380 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $383,798 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $664,713 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $566,593 | CurrentTaxYearAmt |
| Total | $2,233,632 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,811 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,999 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,654 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,374 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,434 | CurrentTaxYearAmt |
| Total | $31,272 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,406,221 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,821,390 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.68690 | PublicSupportCY170Pct |
| 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 |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,851,385 | BeginningYearBalanceAmt |
| Contributions | $185,000 | ContributionsAmt |
| Investment Earnings Or Losses | $647,962 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $219,085 | GrantsOrScholarshipsAmt |
| Other Expenditures | $205,724 | OtherExpendituresAmt |
| End Year Balance | $7,259,538 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,801,385 | BeginningYearBalanceAmt |
| Contributions | $50,000 | ContributionsAmt |
| Investment Earnings Or Losses | $1,235,380 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $236,253 | GrantsOrScholarshipsAmt |
| Other Expenditures | $999,127 | OtherExpendituresAmt |
| End Year Balance | $6,851,385 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,801,385 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,169,749 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $227,700 | GrantsOrScholarshipsAmt |
| Other Expenditures | $942,049 | OtherExpendituresAmt |
| End Year Balance | $6,801,385 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,776,385 | BeginningYearBalanceAmt |
| Contributions | $25,000 | ContributionsAmt |
| Investment Earnings Or Losses | $349,380 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $349,380 | OtherExpendituresAmt |
| End Year Balance | $6,801,385 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,574,870 | BeginningYearBalanceAmt |
| Contributions | $201,515 | ContributionsAmt |
| Investment Earnings Or Losses | $727,879 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $727,879 | OtherExpendituresAmt |
| End Year Balance | $6,776,385 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| 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 | $711,012 | OtherCostOrOtherBasisAmt |
| Book Value | $711,012 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,228,970 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,718,472 | DepreciationAmt |
| Book Value | $3,510,498 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $391,760 | OtherCostOrOtherBasisAmt |
| Depreciation | $257,876 | DepreciationAmt |
| Book Value | $133,884 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $319,140 | OtherCostOrOtherBasisAmt |
| Depreciation | $290,586 | DepreciationAmt |
| Book Value | $28,554 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,383,948 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ORCHID ASIA III FUNDS | $253,458 | F |
| TIGER GLOBAL CLASS C SERIES 1A FUND | $1,124,758 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,378,216 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,666,328 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$893,732 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$893,732 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,560,060 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $58,818 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $3,039 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $61,857 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,621,917 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,039,024 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $216,046 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $216,046 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,822,978 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $58,818 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $219,085 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $277,903 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,100,881 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SCHOOL UTILIZES AS MUCH OF ITS ENDOWMENT INVESTMENT RETURN FOR SUPPORT OF CURRENT OPERATIONS AS IS FEASIBLE. ANY REMAINDER IS RETAINED TO SUPPORT OPERATIONS OF FUTURE YEARS AND TO OFFSET POTENTIAL MARKET DECLINES. |
| PART X, LINE 2: | THE SCHOOL RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS OCCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, NEW AUTHORITATIVE RULINGS AND ITS OPERATING CHARACTERISTICS TO COMPLY WITH ITS STATUS AS A TAX-EXEMPT ORGANIZATION. MANAGEMENT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THE SCHOOL'S TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND HAS THEREFORE NOT RECOGNIZED ANY LIABILITY FOR UNCERTAIN TAX POSITIONS. THE SCHOOL'S INFORMATION RETURNS FOR THE YEARS ENDED DECEMBER 31, 2013, 2012, AND 2011 ARE PRESENTLY SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE -216,046. SCHOLARSHIPS 219,085. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE 216,046. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 219,085. |
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 | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | NON-DESCRIMINATORY POLICY STATED IN FUND RAISING LITERATURE, SCHOOL CATALOGUE AND APPLICATION FORMS. |
| SCHEDULE E, PART I, LINE 6 | $35,000 GRANT FROM NATIONAL ENDOWMENT FOR THE ARTS TO FUND SCHOLARSHIPS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND THE PACIFIC | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENT | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $253,458 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $253,458 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $253,458 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL AWARDS DINNER | Event1Nm |
| Gross Receipts Event1 | $732,118 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $664,218 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $67,900 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $111,015 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $2,507 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $102,524 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $732,118 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $664,218 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $67,900 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $111,015 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $2,507 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $102,524 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $216,046 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$148,146 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FULL AND PARTIAL FELLOWSHIP GRANTS | GrantTypeTxt |
| Recipient | 65 | RecipientCnt |
| Non Cash Assistance | $219,085 | NonCashAssistanceAmt |
| Valuation Method Used | BASED ON FULL ADMISSION FEE OF $5,500 PER STUDENT. | ValuationMethodUsedDesc |
| Non Cash Assistance | PARTIAL AND FULL FELLOWSHIPS TOWARDS TUITION, ROOM AND BOARD. | NonCashAssistanceDesc |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 8B | COMMITTEE ACTIONS AND RECOMMENDATIONS ARE COMMUNICATED TO THE BOARD OF TRUSTEES AT THEIR MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT COPY OF THE FORM 990 IS DISTRIBUTED TO THE PRESIDENT, TREASURER AND CO-DIRECTORS PRIOR TO FILING FOR THE PURPOSE OF REVIEW, DISCUSSION AND RECOMMENDED CHANGES. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES, OFFICERS AND EMPLOYEES. THE POLICY REQUIRES ALL TRUSTEES, OFFICERS AND EMPLOYEES TO ANNUALLY FILL OUT A CONFLICT OF INTEREST DISCLOSURE ABOUT INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE SCHOOL USES THE INFORMATION ON THE DISCLOSURE FORMS TO MONITOR FOR POTENTIAL CONFLICTS. CONFLICTS INVOLVING EMPLOYEES, OTHER THAN DIRECTORS, ARE REVIEWED AND RESOLVED BY THE DIRECTORS. CONFLICTS INVOLVING TRUSTEES, OFFICERS, OR THE DIRECTORS, ARE REVIEWED AND RESOLVED BY THE BOARD. NO ONE WITH A CONFLICT IS ALLOWED TO PARTICIPATE IN ANY AFFECTED DECISION. |
| FORM 990, PART VI, SECTION B, LINE 15A | SALARIES ARE NEGOTIATED BY BOARD PRESIDENT AND APPROVED BY THE EXECUTIVE COMMITTEE. FROM TIME TO TIME THE PRESIDENT REVIEWS PUBLICLY AVAILABLE DATA FROM OTHER OTHER SIMILAR INSTITUTIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS BEEN CONSISTENT WITH PRIOR YEARS. |
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