BELOIT COLLEGE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BELOIT COLLEGE (EIN 39-0808497)
- Tax period
- 2012-06-01 to 2013-05-31
- Filed
- 2014-04-14
- IRS object ID
- 201421049349301212
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-04-14T16:57:07-05:00 | Timestamp |
| Tax Period End Date | 2013-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390859910 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY VIRCHOW KRAUSE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 E WISCONSIN AVENUE 32ND FLOOR | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 53202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390808497 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BELOIT COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BELO | NameControl |
| Phone | 6083632205 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 COLLEGE ST | AddressLine1 |
| City | BELOIT | City |
| State | WI | State |
| ZIP Code | 53511 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURIE STICKELMAIER | Name |
| Title | VP FOR BUDGET AND PLANNING | Title |
| Phone | 6083632205 | Phone |
| Date Signed | 2014-04-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TROY E MARINE CPA | Name |
| PTIN | P00187863 | PTIN |
| Phone | 4147775500 | Phone |
| Date Prepared | 2014-04-09 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR H SCOTT BIERMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 COLLEGE ST | AddressLine1 |
| City | BELOIT | City |
| State | WI | State |
| ZIP Code | 53511 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 72274635 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BELOIT.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1846 | YearFormation |
| State Legal Domicile | WI | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1713 | TotalNbrEmployees |
| Total Nbr Volunteers | 116 | TotalNbrVolunteers |
| Total Gross UBI | 171312 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 11484288 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6917386 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 54056484 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 56032001 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1566443 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4538215 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1013615 | OtherRevenuePriorYear |
| Other Revenue Current Year | 759428 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 68120830 | TotalRevenuePriorYear |
| Total Revenue Current Year | 68247030 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 23092367 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 24408662 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 27534923 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 27193890 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2516013 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24048007 | OtherExpensePriorYear |
| Other Expenses Current Year | 20486799 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 74675297 | TotalExpensesPriorYear |
| Total Expenses Current Year | 72089351 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -6554467 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3842321 | RevenuesLessExpensesCY |
| Total Assets BOY | 220675323 | TotalAssetsBOY |
| Total Assets EOY | 233649445 | TotalAssetsEOY |
| Total Liabilities BOY | 79236871 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 79784886 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 141438452 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 153864559 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 61918037 | Expense |
| Grants | 24408662 | Grants |
| Revenue | 56032001 | Revenue |
| Description | BELOIT COLLEGE IS A LIBERAL ARTS COLLEGE FOUNDED ON THE WISCONSIN FRONTIER IN 1846, WAS BORN OUT OF A BELIEF THAT A PARTICULAR BRAND OF EDUCATION COULD ENERGIZE AND TRANSFORM LIVES, AND BY EXTENSION, THE WORLD. BELOIT CONTINUES TO BELIEVE THIS AND DELIVERS IT THROUGH A "LIBERAL ARTS IN PRACTICE" CURRICULUM THAT ENGAGES STUDENTS IN AN EXPLORATION OF IDEAS, COMPELS STUDENTS TO DEEPLY KNOW THEIR SUBJECTS, AND REQUIRES THEM TO DEMONSTRATE THAT THEY DO. THAT FOCUS, ON PROVIDING A RIGOROUS AND REWARDING EDUCATION AND PREPARATION HAS LONG SET THE COLLEGE AND ITS STUDENTS APART.DURING THE 2012-13 ACADEMIC YEAR, THE COLLEGE SERVED 1,359 STUDENTS, FROM 33 COUNTRIES, 49 STATES AND THE DISTRICT OF COLUMBIA. COURSES WERE OFFERED IN FALL, SPRING AND SUMMER SESSIONS. EDUCATIONAL SERVICES WERE PROVIDED BOTH DOMESTICALLY AND THROUGH STUDY ABROAD PROGRAMS. THE COLLEGE GRADUATED 374 STUDENTS DURING THE YEAR WHILE PROVIDING FINANCIAL ASSISTANCE TO APPROXIMATELY 1,269 STUDENTS.HAILED AS ONE OF 40 "COLLEGES THAT CHANGE LIVES" BY FORMER NEW YORK TIMES EDUCATION EDITOR, LOREN POPE, BELOIT OFFERS STUDENTS ACCESS TO MORE THAN 50 ACADEMIC PROGRAMS, 100 PLUS STUDENT CLUBS, 19 VARSITY SPORTS, AND COUNTLESS OTHER OPPORTUNITIES THAT RANGE FROM HANDS-ON FIELD AND INTERNSHIP EXPERIENCES BOTH LOCALLY AND GLOBALLY, TO COLLEGE FUNDED STUDENT BUSINESS STARTUPS. | Description |
| Total Program Service Expense | 61918037 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 229 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1713 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LAURIE STICKELMAIER | NamePerson |
| Telephone Number | 6083632250 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 COLLEGE STREET | AddressLine1 |
| City | BELOIT | City |
| State | WI | State |
| ZIP Code | 53511 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (40 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| MR BILL BOYD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR CHRISTOPHER D BARTOL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR CHUCK MCQUAID | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DICK NIEMIEC | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DONALD CARSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR EUGENE ZELTMANN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR HAROLD F MAYER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DON J WYATT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JACK ROZRAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JAMES PACKARD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JAMES SANGER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JONATHON P MASON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR OSCAR E CARDONA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR PETER CHATILOVICZ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR PHEE BOON KANG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR RICHARD CLAYTON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR ROBERT SHAW | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR ROBERT YOUNG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS SHAMS RASHID | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR STEPHEN H MAHLE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR STEVEN COHEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR THOMAS O'NEILL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR THOMAS WALCOTT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS DIANE HENDRICKS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS JO FROMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS JOANNA KUTTER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS JUDITH MILLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS MARGARET ROBINSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS NINA WEISSBERG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS SUDHA P QUAMME | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR ANN DAVIES | |||||||
| PROVOST & DEAN OF THE COLLEGE | 40.00 | 159831 | 0 | 20859 | X | ||
| DR CHRISTINA KLAWITTER | |||||||
| DEAN OF STUDENTS | 40.00 | 114066 | 0 | 11489 | X | ||
| DR H SCOTT BIERMAN | |||||||
| PRESIDENT | 40.00 | 405249 | 0 | 48965 | X | ||
| MR JOHN NICHOLAS | |||||||
| VP ADMINISTRATION | 40.00 | 159796 | 0 | 17248 | X | ||
| MR R JEFF PUCKETT | |||||||
| VP EXTERNAL AFFAIRS | 40.00 | 230550 | 0 | 34311 | X | ||
| MS CONNIE TRUESDALE | |||||||
| SECRETARY OF THE COLLEGE | 40.00 | 57356 | 0 | 15434 | X | ||
| MS NANCY BENEDICT | |||||||
| VP ENROLLMENT | 40.00 | 138870 | 0 | 23429 | X | ||
| MR BILL FLANAGAN | |||||||
| DEVELOPMENT PROFESSIONAL | 40.00 | 112658 | 0 | 11842 | X | ||
| MR JERRY GUSTAFSON | |||||||
| PROFESSOR | 40.00 | 111406 | 0 | 19602 | X | ||
| MS BETH MONTIERO | |||||||
| EXEC DIR DEV OPER & GIFT PLNG | 40.00 | 136164 | 0 | 24847 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1625946 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 228026 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BON APPETIT | |||||
| PO BOX 91337 | CHICAGO | IL | 60693 | FOOD SERVICE | 3358379 |
| RENAISSANCE ROOFING | |||||
| PO BOX 5024 | ROCKFORD | IL | 61125 | CONSTRUCTION | 439983 |
| FURMAN BROS LANDSCAPING | |||||
| 13447 E LAKE SHORE RD | CLINTON | WI | 53525 | LANDSCAPING & GROUNDS MAINTENANCE | 436629 |
| KLOBUCAR CONSTRUCTION | |||||
| 3140 EAST COUNTY ROAD S | BELOIT | WI | 53511 | CONSTRUCTION | 306891 |
| WORLD LEARNING | |||||
| KIPLING ROAD PO BOX 676 | BRATTLEBORO | VT | 053020676 | EDUCATION SERVICES | 292663 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 24 | NumberOfContractorsGT100K |
| Fundraising Events | 9364 | FundraisingEvents |
| Government Grants | 1414370 | GovernmentGrants |
| All Other Contributions | 5493652 | AllOtherContributions |
| Noncash Contributions | 847609 | NoncashContributions |
| Total Contributions | 6917386 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 812900 | 47344990 | 47344990 |
| ROOM, BOARD & OTHER | 812900 | 8687011 | 8687011 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 56032001 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2652585 | TotalRevenueColumn |
| Exclusion | $2,652,585 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1542 | TotalRevenueColumn |
| Exclusion | $1,542 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 16999 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 16999 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16999 | TotalRevenueColumn |
| Unrelated Business Revenue | 16999 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5904134 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4001009 | Securities |
| Other | 17495 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1903125 | Securities |
| Other | -17495 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1885630 | TotalRevenueColumn |
| Exclusion | $1,885,630 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 10666 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 9364 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 9101 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1565 | TotalRevenueColumn |
| Exclusion | $1,565 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| MISCELLANEOUS INCOME | 900099 | 588214 | 3205 | $585,009 |
| CONFERENCES | 721000 | 151108 | 151108 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 739322 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 68247030 | TotalRevenueColumn |
| Related Or Exempt Function Income | 56032001 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 171312 | UnrelatedBusinessRevenue |
| Exclusion | $5,126,331 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23217834 | Total |
| Program Services | 23217834 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1190828 | Total |
| Program Services | 1190828 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1454323 | Total |
| Program Services | 480869 | ProgramServices |
| Management And General | 700437 | ManagementAndGeneral |
| Fundraising | 273017 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19453661 | Total |
| Program Services | 15568278 | ProgramServices |
| Management And General | 2552659 | ManagementAndGeneral |
| Fundraising | 1332724 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1326054 | Total |
| Program Services | 1041276 | ProgramServices |
| Management And General | 195028 | ManagementAndGeneral |
| Fundraising | 89750 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3575605 | Total |
| Program Services | 2807785 | ProgramServices |
| Management And General | 622181 | ManagementAndGeneral |
| Fundraising | 145639 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1384247 | Total |
| Program Services | 1079107 | ProgramServices |
| Management And General | 202243 | ManagementAndGeneral |
| Fundraising | 102897 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204904 | Total |
| Program Services | 99623 | ProgramServices |
| Management And General | 104211 | ManagementAndGeneral |
| Fundraising | 1070 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86950 | Total |
| Management And General | 86950 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114520 | Total |
| Management And General | 114520 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5144325 | Total |
| Program Services | 3754171 | ProgramServices |
| Management And General | 987401 | ManagementAndGeneral |
| Fundraising | 402753 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44001 | Total |
| Program Services | 27914 | ProgramServices |
| Management And General | 14658 | ManagementAndGeneral |
| Fundraising | 1429 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2246437 | Total |
| Program Services | 1619402 | ProgramServices |
| Management And General | 564140 | ManagementAndGeneral |
| Fundraising | 62895 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 600 | Total |
| Program Services | 600 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1313742 | Total |
| Program Services | 1313742 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1214481 | Total |
| Program Services | 1014391 | ProgramServices |
| Management And General | 131189 | ManagementAndGeneral |
| Fundraising | 68901 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 317691 | Total |
| Program Services | 244547 | ProgramServices |
| Management And General | 52901 | ManagementAndGeneral |
| Fundraising | 20243 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 566531 | Total |
| Program Services | 566531 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4001064 | Total |
| Program Services | 3417507 | ProgramServices |
| Management And General | 583557 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 249363 | Total |
| Program Services | 11164 | ProgramServices |
| Management And General | 238199 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE | 3131284 | 3052706 | 65867 | 12711 |
| REPAIRS & MAINTENANCE | 1253561 | 862695 | 388882 | 1984 |
| MISCELLANEOUS OTHER | 597345 | 547067 | 50278 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72089351 | Total |
| Program Services | 61918037 | ProgramServices |
| Management And General | 7655301 | ManagementAndGeneral |
| Fundraising | 2516013 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 317883 | BOY |
| EOY | 549212 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7731187 | BOY |
| EOY | 4773099 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5443365 | BOY |
| EOY | 3932463 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 913195 | BOY |
| EOY | 1556694 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8238274 | BOY |
| EOY | 7591370 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52385 | BOY |
| EOY | 17780 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163623 | BOY |
| EOY | 123016 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 133018685 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 56741765 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78374619 | BOY |
| EOY | 76276920 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114277508 | BOY |
| EOY | 133708837 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 857111 | BOY |
| EOY | 634306 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4306173 | BOY |
| EOY | 4485748 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 220675323 | BOY |
| EOY | 233649445 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3979205 | BOY |
| EOY | 4651230 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89967 | BOY |
| EOY | 2109694 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58540000 | BOY |
| EOY | 58440000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16627699 | BOY |
| EOY | 14583962 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79236871 | BOY |
| EOY | 79784886 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45821196 | BOY |
| EOY | 53307305 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21520964 | BOY |
| EOY | 24804131 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74096292 | BOY |
| EOY | 75753123 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141438452 | BOY |
| EOY | 153864559 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 220675323 | BOY |
| EOY | 233649445 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -3842321 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 15654449 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 613979 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Funds Held | 1 | NumberFundsHeld |
| Grants Funds And Other Accounts | 140000 | GrantsFundsAndOtherAccounts |
| Aggregate Fund Value | 336773 | AggregateFundValue |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 722579 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 113282605 | BeginningOfYearBalance |
| Contributions | 2651213 | Contributions |
| Investment Earnings Or Losses | 19722487 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1307842 | GrantsOrScholarships |
| Other Expenditures | 4636580 | OtherExpenditures |
| End Of Year Balance | 129711883 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 118664445 | BeginningOfYearBalance |
| Contributions | 2774411 | Contributions |
| Investment Earnings Or Losses | -2634589 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1206005 | GrantsOrScholarships |
| Other Expenditures | 4315657 | OtherExpenditures |
| End Of Year Balance | 113282605 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 102942506 | BeginningOfYearBalance |
| Contributions | 4474866 | Contributions |
| Investment Earnings Or Losses | 15831503 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1238397 | GrantsOrScholarships |
| Other Expenditures | 3346033 | OtherExpenditures |
| End Of Year Balance | 118664445 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 89083136 | BeginningOfYearBalance |
| Contributions | 6038079 | Contributions |
| Investment Earnings Or Losses | 12660647 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1345392 | GrantsOrScholarships |
| Other Expenditures | 3493964 | OtherExpenditures |
| End Of Year Balance | 102942506 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 124956518 | BeginningOfYearBalance |
| Contributions | 7156062 | Contributions |
| Investment Earnings Or Losses | -33237676 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1471230 | GrantsOrScholarships |
| Other Expenditures | 8320538 | OtherExpenditures |
| End Of Year Balance | 89083136 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.35000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.53000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1593634 | OtherCostOrOtherBasis |
| Book Value | 1593634 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 113090597 | OtherCostOrOtherBasis |
| Depreciation | 46622376 | Depreciation |
| Book Value | 66468221 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 75744 | OtherCostOrOtherBasis |
| Depreciation | 75744 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8729750 | OtherCostOrOtherBasis |
| Depreciation | 6057989 | Depreciation |
| Book Value | 2671761 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9528960 | OtherCostOrOtherBasis |
| Depreciation | 3985656 | Depreciation |
| Book Value | 5543304 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 76276920 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| STUDENT DEPOSITS | $661,553 |
| FUNDS HELD FOR OTHERS | $826,924 |
| REFUNDABLE LOAN FUNDS | $2,509,015 |
| ANNUITIES PAYABLE | $3,045,824 |
| DERIVATIVE LIABILITY | $7,540,646 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 14583962 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 60001377 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 15654449 | NetUnrealizedGainsInvestments |
| Other Revenues | -23785582 | OtherRevenues |
| Revenue Not Rptd F990 | -8131133 | RevenueNotRptdF990 |
| Revenue Subtotal | 68132510 | RevenueSubtotal |
| Investment Expenses Not Included | 114520 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 114520 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 68247030 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 47575270 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 9101 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 9101 | ExpensesNotRptdF990 |
| Expenses Subtotal | 47566169 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 114520 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 24408662 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 24523182 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 72089351 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE COLLEGE MAINTAINS AN ANTHROPOLOGICAL MUSEUM AND AN ART MUSEUM. THE COLLECTIONS ARE DISPLAYED FOR PUBLIC VIEWING. HOWEVER, SPACE LIMITATIONS REQUIRE THAT ONLY PORTIONS OF THE COLLECTION ARE DISPLAYED AT A GIVEN TIME. THE COLLECTIONS AND THEIR PRESERVATION ARE USED IN THE CLASSROOM SETTING FOR INSTRUCTIONAL PURPOSES IN AREAS OF STUDY SUCH AS ANTHROPOLOGY, ART AND MUSEUM STUDIES. | |
| PART V, LINE 4: | THE PURPOSE OF THE COLLEGE'S ENDOWMENT FUND IS TO PROVIDE A CONTINUOUS SOURCE OF FUNDING TO SUPPORT THE MISSION OF THE INSTITUTION. ENDOWMENT FUND EXPENDITURES PROVIDE FUNDING FOR SCHOLARSHIPS, FACULTY SALARIES, LIBRARY RESOURCES, AND OTHER PROGRAM ACTIVITIES. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X, LINE 2: | THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2013 AND 2012. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL YEARS 2009 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| STUDENT FINANCIAL AID -24,408,662. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 329,797. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 284,182. SPECIAL EVENTS EXPENSE 9,101. | PART XI, LINE 2D - OTHER ADJUSTMENTS: | |
| SPECIAL EVENTS EXPENSE 9,101. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| STUDENT FINANCIAL AID 24,408,662. | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | BELOIT COLLEGE IS A FOUR YEAR PRIVATE LIBERAL ARTS INSTITUTION THAT DRAWS STUDENTS NOT ONLY NATION WIDE BUT WORLD WIDE. MATERIALS USED IN PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS INCLUDE STATEMENTS THAT BELOIT COLLEGE DOES NOT DISCRIMINATE AGAINST STUDENTS, APPLICANTS FOR ADMISSION, APPLICANTS FOR FINANCIAL ASSISTANCE, APPLICANTS FOR EMPLOYMENT, OR EMPLOYEES ON THE BASIS OF SEX, RACE, COLOR, RELIGION, NATIONAL ORIGIN, ANCESTRY, AGE, SEXUAL ORIENTATION, OR PHYSICAL OR MENTAL DISABILITIES UNRELATED TO INSTITUTIONAL JOBS, PROGRAMS, OR ACTIVITIES. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | BELOIT COLLEGE DID RECEIVE FEDERAL FUNDS, WHICH WERE USED FOR STUDENT PROGRAMS/ENTITLEMENTS SUCH AS PELL GRANTS, SEOG GRANTS, AND WORKSTUDY PROGRAMS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| SOUTH AMERICA | 0 | 0 | EDUCATIONAL SERVICES | PROGRAM SERVICES | 11224 |
| EUROPE/ICELAND/GREENLAND | 0 | 0 | EDUCATIONAL SERVICES | PROGRAM SERVICES | 377958 |
| CENTRAL AMERICA & THE CARIBBEAN | 0 | 0 | EDUCATIONAL SERVICES | PROGRAM SERVICES | |
| SUB-SAHARAN AFRICA | 0 | 0 | EDUCATIONAL SERVICES | PROGRAM SERVICES | |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | EDUCATIONAL SERVICES | PROGRAM SERVICES | |
| EAST ASIA AND THE PACIFIC | 0 | 0 | EDUCATIONAL SERVICES, ABROAD STUDENT SUPPORT | PROGRAM SERVICES | 62700 |
| RUSSIA | 0 | 1 | EDUCATIONAL SERVICES, ABROOAD STUDENT SUPPORT | PROGRAM SERVICES | 13590 |
| NORTH AMERICA | 0 | 0 | EDUCATIONAL SERVICES | PROGRAM SERVICES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 1 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 1 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 465472 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 465472 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (9 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| SCHOLARSHIP | SOUTH AMERICA | 11 | 116299 | SEE PART VI |
| SCHOLARSHIP | EUROPE/ ICELAND/ GREENLAND | 49 | 574898 | SEE PART VI |
| SCHOLARSHIP | RUSSIA | 4 | 63373 | SEE PART VI |
| SCHOLARSHIP | SUB-SAHARAN AFRICA | 8 | 89609 | SEE PART VI |
| SCHOLARSHIP | MIDDLE EAST / NORTH AFRICA | 4 | 32942 | SEE PART VI |
| SCHOLARSHIP | EAST ASIA / PACIFIC | 19 | 211678 | SEE PART VI |
| SCHOLARSHIP | SOUTH ASIA | 4 | 48423 | SEE PART VI |
| SCHOLARSHIP | CENT. AMERICA / CARIBBEAN | 4 | 53606 | SEE PART VI |
| SCHOLARSHIP | NORTH AMERICA | 0 | 0 | SEE PART VI |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | SCHEDULE F, PART I, LINE 2: IN CASES WHERE FUNDS ARE SPENT AWAY FROM CAMPUS, APPROPRIATE DOCUMENTATION IS REQUIRED TO BE SUBMITTED AND APPROVED TO SUBSTANTIATE THE EXPENSE. |
| SCHEDULE F, PART III, COLUMN E: GRANT FUNDS AWARDED IN THE FORM OF STUDENT FINANCIAL ASSISTANCE IS CREDITED TO THEIR TUITION ACCOUNT TO ASSIST IN COVERING THE COST OF TUITION. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BUC OPEN | NameOfEvent1 |
| Gross Receipts Event1 | 20030 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 9364 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 10666 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 3280 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 3580 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 2241 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 20030 | GrossReceiptsTotal |
| Charitable Contributions Total | 9364 | CharitableContributionsTotal |
| Gross Revenue Total Events | 10666 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 3280 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 3580 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 2241 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 9101 | DirectExpenseSummaryEvents |
| Net Income Summary | 1565 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT FINANCIAL ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 1261 | NumberOfRecipients |
| Amount Of Cash Grant | 23217834 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: GRANTS ARE AWARDED IN THE FORM OF FINANCIAL ASSISTANCE TOWARDS THE PAYMENT OF TUITION AND FEES IN WHICH CASE THE GRANT AMOUNTS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT. OTHER GRANTS ARE AWARDED FOR VARIOUS REASONS TO STUDENTS, FACULTY AND STAFF FOR EDUCATIONAL OR WORK RELATED ACTIVITIES. IN THESE CASES EXPENSE VERIFICATION IS REQUIRED IN THE FORM OF RECEIPTS AND OTHER APPROPRIATE DOCUMENTATION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR ANN DAVIES | ||||||||||||||
| PROVOST & DEAN OF THE COLLEGE | 159831 | 0 | 0 | 0 | 0 | 0 | 15915 | 0 | 4944 | 0 | 180690 | 0 | 0 | 0 |
| DR H SCOTT BIERMAN | ||||||||||||||
| PRESIDENT | 365249 | 0 | 35000 | 0 | 5000 | 0 | 25000 | 0 | 23965 | 0 | 454214 | 0 | 0 | 0 |
| MR JOHN NICHOLAS | ||||||||||||||
| VP ADMINISTRATION | 157296 | 0 | 2500 | 0 | 0 | 0 | 16069 | 0 | 1179 | 0 | 177044 | 0 | 0 | 0 |
| MR R JEFF PUCKETT | ||||||||||||||
| VP EXTERNAL AFFAIRS | 230550 | 0 | 0 | 0 | 0 | 0 | 23616 | 0 | 10695 | 0 | 264861 | 0 | 0 | 0 |
| MS NANCY BENEDICT | ||||||||||||||
| VP ENROLLMENT | 138870 | 0 | 0 | 0 | 0 | 0 | 14464 | 0 | 8965 | 0 | 162299 | 0 | 0 | 0 |
| MS BETH MONTIERO | ||||||||||||||
| EXEC DIR DEV OPER & GIFT PLNG | 136164 | 0 | 0 | 0 | 0 | 0 | 14170 | 0 | 10677 | 0 | 161011 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | PART I, LINE 1A: TRAVEL FOR COMPANIONS - SPOUSAL TRAVEL IS PAID FOR BY THE COLLEGE WHEN THE SPOUSE ASSISTS THE BELOIT COLLEGE EMPLOYEE WITH THE COLLEGE BUSINESS ACTIVITIES IN PERFORMING SPECIFIC DUTIES. THE ONLY SUCH SPOUSAL TRAVEL PAID FOR BY THE COLLEGE WAS THAT OF THE PRESIDENT'S SPOUSE. ALL EXPENDITURES MADE BY THE COLLEGE FOR TRAVEL OF THE SPOUSE WERE ATTRIBUTABLE TO SPECIFIC DUTIES IN THE FURTHERANCE OF THE MISSION OF THE COLLEGE. HOUSING ALLOWANCE OR RESIDENT FOR PERSONAL USE - AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF BELOIT COLLEGE IS REQUIRED TO RESIDE IN THE PRESIDENT'S HOUSE. THE PRESIDENT'S HOUSE SERVES BOTH AS A PERSONAL RESIDENCE AS WELL AS A VENUE FOR THE CARRYING ON OF COLLEGE BUSINESS REGULARLY. THE COLLEGE HAS DETERMINED THAT THE VALUE OF THE USE OF THIS PERSONAL RESIDENCE IS NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT AS PROVIDED FOR IN INTERNAL REVENUE CODE SECTION 119. CONSISTENT WITH THE USE OF THE RESIDENCE AS A VENUE FOR COLLEGE BUSINESS, A PART-TIME HOUSEKEEPER IS ASSIGNED TO CLEAN UP AND ASSISTANCE WITH SUCH USE. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| WISC HEALTH & EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| A | 391337855 | 97710BTF9 | 2010-04-28 | 28394743 | REFINANCE OF 2007 SERIES BOND | 1 | 1 | 0 |
| WISC HEALTH & EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| B | 391337855 | 97710BUM2 | 2010-04-28 | 30000000 | REFINANCE OF 2007 SERIES BOND | 1 | 1 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceeds | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|
| A | 28394743 | 26203048 | 400960 | 1790735 | 2010 | 1 | 0 | 1 | 1 |
| B | 30000000 | 29475000 | 525000 | 2010 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||
| A | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |||
| CHASE BANK | ||||||||||||
| B | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 30.000000000000 | 0 | 0 |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 1 |
| B | 1 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIANE HENDRICKS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | TRUSTEE | Relationship |
| Amount Of Transaction | 137422 | AmountOfTransaction |
| Description Of Transaction | ONE OF THE COLLEGE'S TRUSTEES WHO IS A LOCAL CORPORATE OWNER PURCHASED THE COLLEGE'S PARTNERSHIP SHARES IN A LOCAL HOTEL TO FURTHER THEIR BUSINESS OBJECTIVES WITHIN THE LOCAL COMMUNITY. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 37 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 805880 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST OR MARKET | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenues |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenues |
Archaeological Artifacts ArchaeologicalArtifacts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Method Of Determining Revenues | NO VALUE ASSIGNED | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | COMPUTER EQUIPMENT | 3 | 41729 | OTHER |
| X | PIANO | 2 | NO VALUE ASSIGNED | |
| X | UNREIMBURED BOARD MEETING TRAVEL EXPENSE | 1 | NO VALUE ASSIGNED |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NON REPORTING OF REVENUE: | Identifier |
| Return Reference | PART I, LINE 33: | ReturnReference |
| Explanation | THE COLLEGE, AS A MATTER OF ACCOUNTING POLICY, DOES NOT RECORD REVENUE FOR WORKS OF ART ADDED TO ITS COLLECTIONS, AS ALLOWED UNDER SFAS 116. FURTHERMORE, ITEMS USED AS PROPS IN THE COLLEGE'S THEATER PROGRAM AND USED BOOKS DONATED TO THE COLLEGE'S LIBRARY ARE NOT REPORTED AS REVENUE FOR FINANCIAL STATEMENT PURPOSES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART I, LINE 1: | THE PRIMARY AIM OF BELOIT COLLEGE IS TO PROVIDE A LEARNING AND LIVING ENVIRONMENT DEDICATED TO THE CULTIVATION OF LIBERALLY EDUCATED PERSONS. FOR MORE THAN 150 YEARS, THE COLLEGE'S GOALS HAVE REMAINED CONSTANT: TO PROVIDE STUDENTS WITH A BROAD GROUNDING IN FACT; THE EXPERIENCE OF MASTERING AN AREA OF KNOWLEDGE; THE ABILITY AND INCLINATION TO INTEGRATE, ASSIMILATE, AND EVALUATE; A CONTINUING CONCERN FOR VALUES; ENTHUSIASM FOR PERSONAL CREATIVITY; AN AESTHETIC SENSIBILITY; A GLOBAL PERSPECTIVE, AND MOST IMPORTANTLY, THE DESIRE TO CONTINUE LEARNING. RELATED TO THESE GOALS ARE SEVERAL MAJOR COMMITMENTS THAT HAVE LONG HELPED TO GUIDE THE OPERATION OF BELOIT COLLEGE: A DEDICATION TO THE PURSUIT OF EXCELLENCE; A DEDICATION TO FREE INQUIRY AND COMMITMENT AS EXEMPLIFIED BY THE COLLEGE'S OWN TRADITIONS; AN INTEGRITY OF PURPOSE AND PERFORMANCE STEADFAST AGAINST EXPEDIENCY OR EXPLOITATION; A SPIRIT OF TOLERANCE THAT WILL PERPETUATE FREEDOM, WHETHER OF WORK, WORSHIP, SPEECH, PRESS, OR ACADEMIC RESEARCH; THE CONCEPT OF GOVERNMENT BY CONSENT OF THE GOVERNED, CONSTITUTIONALLY EXPRESSED; THE IDEAL OF A PROGRESSIVE SOCIAL ORDER BASED UPON EQUAL OPPORTUNITY AND EQUAL JUSTICE UNDER THE LAW. | |
| FORM 990, PART III, LINE 1: | BELOIT COLLEGE ENGAGES THE INTELLIGENCE, IMAGINATION, AND CURIOSITY OF ITS STUDENTS, EMPOWERING THEM TO LEAD FULFILLING LIVES MARKED BY HIGH ACHIEVEMENT, PERSONAL RESPONSIBILITY, AND PUBLIC CONTRIBUTION IN A DIVERSE SOCIETY. OUR EMPHASIS ON INTERNATIONAL AND INTERDISCIPLINARY PERSPECTIVES, THE INTEGRATION OF KNOWLEDGE WITH EXPERIENCE, AND CLOSE COLLABORATION AMONG PEERS, PROFESSORS, AND STAFF EQUIPS OUR STUDENTS TO APPROACH THE COMPLEX PROBLEMS OF THE WORLD ETHICALLY AND THOUGHTFULLY. | |
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE OF THE BELOIT COLLEGE BOARD OF TRUSTEES ACTS AS THE COMPENSATION COMMITTEE. THERE ARE 5 MEMBERS OF THIS COMMITTEE, THE CHAIR OF THE BOARD AND 4 MEMBERS ELECTED FROM THE FULL BOARD. THE PROCESS USED TO DETERMINE THE COMPENSATION OF THE PRESIDENT AND TO REVIEW THE COMPENSATION OF THE OFFICERS OF THE COLLEGE IS DETAILED BELOW: 1. MARKET DATA FROM COMPENSATION SURVEYS OF MEMBER COLLEGES OF THE ASSOCIATED COLLEGES OF THE MIDWEST/GREAT LAKES COLLEGES ASSOCIATION (ACM/GLCA), MEMBER COLLEGES OF THE WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (WAICU), AND TWENTY COMPARATIVE NATIONAL RESIDENTIAL LIBERAL ARTS COLLEGES BELOIT USES FOR A VARIETY OF PURPOSES ARE USED TO COMPARE THE SALARIES, BENEFITS AND OTHER PERQUISITES OF THE PRESIDENT AND OFFICERS OF THE COLLEGE. 2. THE EXECUTIVE COMMITTEE USES THE MARKET DATA AS PART OF THEIR DECISION PROCESS. PRIOR TO THE SPRING BOARD OF TRUSTEE MEETING THE EXECUTIVE COMMITTEE IS ALSO PROVIDED WITH AN ANNUAL REPORT AND REFLECTION ON THE PREVIOUS YEAR AUTHORED BY THE PRESIDENT. THIS IS DISCUSSED BY THE EXECUTIVE COMMITTEE WITH THE PRESIDENT AND IN EXECUTIVE SESSION AT THEIR SPRING MEETING. FOLLOWING THIS DISCUSSION, THE EXECUTIVE COMMITTEE DECIDES ON A COMPENSATION PROPOSAL TO BRING TO THE FULL BOARD. 3. THE EXECUTIVE COMMITTEE TAKES THEIR RECOMMENDATION REGARDING THE PRESIDENT'S COMPENSATION FOR REVIEW AND CONSIDERATION TO THE FULL BOARD ALSO AT THE SPRING BOARD OF TRUSTEE MEETING. AT THIS MEETING, THE EXECUTIVE COMMITTEE SUMMARIZES THE PRESIDENT'S ANNUAL REPORT, THEIR OWN DELIBERATIONS, AND THE ARGUMENT FOR THE COMPENSATION RECOMMENDATION THEY ARE PROPOSING. 4. ONCE THE COMPENSATION PACKAGE IS APPROVED, IT IS COMMUNICATED TO THE VICE PRESIDENT FOR HUMAN RESOURCES AND OPERATIONS WHO IMPLEMENTS THE DECISION FOR THE NEXT FISCAL YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 11 | BELOIT COLLEGE'S FORM 990 WAS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. A DRAFT OF THE FORM 990 WAS PROVIDED ELECTRONICALLY TO THE BOARD OF TRUSTEES AUDIT COMMITTEE FOR REVIEW AT THE APRIL AUDIT COMMITTEE MEETING. THE APRIL MEETING AGENDA INCLUDED DISCUSSION OF QUESTIONS OR CONCERNS REGARDING THE INFORMATION CONTAINED IN THE FORM 990. ONCE ALL ISSUES AND QUESTIONS REGARDING THE RETURN WERE RESOLVED, THE FORM 990 WAS FINALIZED TO INCORPORATE ANY NECESSARY CHANGES. AN UPDATED VERSION WAS PROVIDED ELECTRONICALLY TO THE CONTROLLER TO DISTRIBUTE TO THE AUDIT COMMITTEE FOR ADDITIONAL MATTERS TO BE ADDRESSED AND RESOLVED. THE FINALIZED VERSION OF FORM 990 WAS FILED WITH THE IRS ON OR BEFORE APRIL 15TH FILING DEADLINE. TO RESPECT THE WISHES OF CERTAIN DONORS TO REMAIN ANONYMOUS, WE HAVE CHOSEN NOT TO PROVIDE A FULL DISCLOSURE COPY OF THE 990 TO THE FULL GOVERNING BOARD OF BELOIT COLLEGE. THE BOARD DOES, HOWEVER, RECEIVE A FULL REPORT LESS THE DONOR NAMES AND ADDRESSES TO REVIEW. A FULL DISCLOSURE COPY, WITH ALL DONOR INFORMATION, WILL BE FILED WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | TRUSTEES AND OFFICERS ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST DOCUMENTS ANNUALLY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COLLEGE PARTICIPATES ANNUALLY IN AN OFFICER COMPENSATION SURVEY CONDUCTED BY THE WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (WAICU), AND AN ANNUAL ADMINISTRATIVE SALARY SURVEY CONDUCTED BY THE ASSOCIATED COLLEGES OF THE MIDWEST (ACM) WITH BI-ANNUAL INCLUSION OF THE GREAT LAKES COLLEGE ASSN (GLCA). THE SURVEYS ARE REVIEWED AS A PART OF THE PROCESS FOR DETERMINING ENCUMBENT SALARY INCREASES ANNUALLY. ADDITIONALLY, THE SURVEYS AND INDEPENDENT COMPARABILITY DATA FROM THE WAICU AND ACM/GLCA SCHOOLS WERE UTILIZED TO DETERMINE COMPENSATION FOR HIRING EXECUTIVES, OFFICERS AND KEY STAFF TO FILL VACANCIES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEB SITE. OTHER DOCUMENTS MAY BE MADE AVAILABLE UPON REQUEST. | |
| FORM 990, PART VI, SECTION B, LINE 14: | THE COLLEGE DOES HAVE AN ORGANIZATION WIDE DOCUMENT RETENTION POLICY IN PLACE AT THE TIME OF THIS FILING, THE BELOIT COLLEGE RECORD RETENTION AND DESTRUCTION POLICY RECENTLY APPROVED BY THE ADMINISTRATION. THE COLLEGE HAS BEEN ENGAGED IN A PROCESS TO COMPLETE THE DEPARTMENTAL POLICY DOCUMENTATION IN TIME FOR THE NEXT REPORTING CYCLE. A FEW DEPARTMENTS HAVE COMPLETED THEIR INTERNAL DOCUMENT RETENTION AND DESTRUCTION GUIDELINES AND PUT THEM INTO PRACTICE, THE ACCOUNTING OFFICE IS ONE, BUT THERE ARE SOME THAT HAVE NOT. THOSE DEPARTMENTS WITHIN THE COLLEGE ORGANIZATION THAT ARE STILL IN THE PROCESS OF CREATING AND IMPLEMENTING A POLICY SPECIFIC TO THEIR AREA WILL HAVE THESE COMPLETED BY THE END OF THE CURRENT FISCAL YEAR (MAY 31, 2014). | |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 329,797. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 284,182. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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