SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC (EIN 01-0263908)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-14
- IRS object ID
- 201323189349305287
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-14T14:53:22-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132688836 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROGOFF AND COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 LEXINGTON AVENUE 6TH FL | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010263908 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SKOW | NameControl |
| Phone | 2125290505 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 PARK AVENUE SOUTH NO 1116 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10003 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD T PRINS | Name |
| Title | TREASURER | Title |
| Phone | 2125290505 | Phone |
| Date Signed | 2013-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL BRACE | Name |
| PTIN | P01474547 | PTIN |
| Phone | 2125575666 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GREGORY K PALM | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 PARK AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10028 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7945135 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SKOWHEGANART.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1946 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | EDUCATIONAL | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 41 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 763507 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 817831 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 453400 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 461500 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1524885 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1787690 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 74177 | OtherRevenuePriorYear |
| Other Revenue Current Year | -100348 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2815969 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2966673 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 226266 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 227700 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 827000 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 879357 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 123200 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 763030 | OtherExpensePriorYear |
| Other Expenses Current Year | 770371 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1816296 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1877428 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 999673 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1089245 | RevenuesLessExpensesCY |
| Total Assets BOY | 15141403 | TotalAssetsBOY |
| Total Assets EOY | 16638403 | TotalAssetsEOY |
| Total Liabilities BOY | 31093 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 38726 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 15110310 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 16599677 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1273122 | Expense |
| Grants | 227700 | Grants |
| Revenue | 461500 | Revenue |
| Description | SCHOOL OF PAINTING AND SCULPTURE ATTENDED BY 65 STUDENTS | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 146200 | Expense |
| Description | SKOWHEGAN ALLIANCE AND ALUMNI ACTIVITIES INCLUDING PERFORMANCES, WORKSHOPS, AND EXHIBITIONS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1419322 | 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 | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | 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 | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | 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 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 41 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | 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 | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SKOWHEGAN SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2125290505 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 PARK AVENUE SOUTH | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10003 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| JAN ARONSON | ||||||
| TRUSTEE | 1.50 | X | 0 | 0 | 0 | |
| GRACE G BOWMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MILDRED C BRINN | ||||||
| CHAIRPERSON EMERITUS | 1.00 | X | 0 | 0 | 0 | X |
| WARREN C COOK | ||||||
| TRUSTEE | 1.50 | X | 0 | 0 | 0 | |
| ANDREA CRANE | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | |
| SUSAN PAUL FIRESTONE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | X |
| ROBERT GILSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ANN L GUND | ||||||
| CHAIR | 2.00 | X | 0 | 0 | 0 | X |
| MARY M LOOKER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ROBERT L LOOKER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| VICTORIA LOVE SALNIKOFF | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| WILSON NOLEN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| GREGORY K PALM | ||||||
| PRESIDENT | 2.00 | X | 0 | 0 | 0 | X |
| RICHARD T PRINS | ||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | X |
| JUDSON P REIS | ||||||
| TRUSTEE | 1.50 | X | 0 | 0 | 0 | |
| ELEANOR W REVSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LISA RICHARDS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ROBERT F SHAPIRO | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LIBBIE J MASTERSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| TONYA INGERSOL | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| GEORGE W AHL III | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ALAN WANZENBERG | ||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |
| MARIANNE BOESKY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CHIARA EDMANDS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DAVID BEITZEL | ||||||
| TRUSTEE | 1.50 | X | 0 | 0 | 0 | |
| KATHERINE S SONNENBORN | ||||||
| CO-DIRECTOR | 40.00 | 100578 | 0 | 500 | X | |
| SARAH F WORKNEH | ||||||
| CO-DIRECTOR | 40.00 | 108866 | 0 | 9923 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 209444 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 10423 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 335827 | FundraisingEvents |
| Government Grants | 20000 | GovernmentGrants |
| All Other Contributions | 462004 | AllOtherContributions |
| Total Contributions | 817831 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 461500 | TotalRevenueColumn |
| Related Or Exempt Function Income | 461500 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 461500 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 383798 | TotalRevenueColumn |
| Exclusion | $383,798 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2685514 | Securities |
| Other | 3501519 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2623498 | Securities |
| Other | 2159643 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 62016 | Securities |
| Other | 1341876 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1403892 | TotalRevenueColumn |
| Exclusion | $1,403,892 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 59840 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 335827 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 194041 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -134201 | TotalRevenueColumn |
| Exclusion | -$134,201 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 30479 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1280 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29199 | TotalRevenueColumn |
| Exclusion | $29,199 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 4654 | TotalRevenueColumn |
| Exclusion | $4,654 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 4654 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2966673 | TotalRevenueColumn |
| Related Or Exempt Function Income | 461500 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,687,342 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 227700 | Total |
| Program Services | 227700 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219867 | Total |
| Program Services | 182319 | ProgramServices |
| Management And General | 25654 | ManagementAndGeneral |
| Fundraising | 11894 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 485938 | Total |
| Program Services | 402772 | ProgramServices |
| Management And General | 56885 | ManagementAndGeneral |
| Fundraising | 26281 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19486 | Total |
| Program Services | 16325 | ProgramServices |
| Management And General | 2108 | ManagementAndGeneral |
| Fundraising | 1053 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79687 | Total |
| Program Services | 66756 | ProgramServices |
| Management And General | 8619 | ManagementAndGeneral |
| Fundraising | 4312 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74379 | Total |
| Program Services | 62311 | ProgramServices |
| Management And General | 8046 | ManagementAndGeneral |
| Fundraising | 4022 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120 | Total |
| Management And General | 120 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20650 | Total |
| Management And General | 20650 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41497 | Total |
| Management And General | 41497 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109289 | Total |
| Program Services | 54882 | ProgramServices |
| Management And General | 43520 | ManagementAndGeneral |
| Fundraising | 10887 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12477 | Total |
| Program Services | 6238 | ProgramServices |
| Management And General | 4991 | ManagementAndGeneral |
| Fundraising | 1248 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149750 | Total |
| Program Services | 74875 | ProgramServices |
| Management And General | 59900 | ManagementAndGeneral |
| Fundraising | 14975 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52394 | Total |
| Program Services | 52394 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24238 | Total |
| Program Services | 12119 | ProgramServices |
| Management And General | 9695 | ManagementAndGeneral |
| Fundraising | 2424 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68237 | Total |
| Program Services | 64907 | ProgramServices |
| Management And General | 2575 | ManagementAndGeneral |
| Fundraising | 755 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23718 | Total |
| Program Services | 12483 | ProgramServices |
| Management And General | 9274 | ManagementAndGeneral |
| Fundraising | 1961 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| FOOD AND KITCHEN SUPPLI | 63831 | 63831 |
| CAMPUS MAINTENANCE | 54328 | 54328 |
| EDUCATION MATERIAL & EX | 31248 | 31248 |
| ACADEMIC FEES | 24653 | 24653 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93941 | Total |
| Program Services | 9181 | ProgramServices |
| Management And General | 41372 | ManagementAndGeneral |
| Fundraising | 43388 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1877428 | Total |
| Program Services | 1419322 | ProgramServices |
| Management And General | 334906 | ManagementAndGeneral |
| Fundraising | 123200 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 650 | BOY |
| EOY | 650 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 355939 | BOY |
| EOY | 899532 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101964 | BOY |
| EOY | 129964 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17577 | BOY |
| EOY | 17927 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13424 | BOY |
| EOY | 12144 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98672 | BOY |
| EOY | 50312 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5276482 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2243585 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 875280 | BOY |
| EOY | 3032897 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9111726 | BOY |
| EOY | 10914662 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4548966 | BOY |
| EOY | 1563110 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17205 | BOY |
| EOY | 17205 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15141403 | BOY |
| EOY | 16638403 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27493 | BOY |
| EOY | 34076 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3600 | BOY |
| EOY | 4650 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31093 | BOY |
| EOY | 38726 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6754505 | BOY |
| EOY | 7703654 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1554420 | BOY |
| EOY | 2094638 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6801385 | BOY |
| EOY | 6801385 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15110310 | BOY |
| EOY | 16599677 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15141403 | BOY |
| EOY | 16638403 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1089245 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 400122 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 | 0 | FederalGrantAuditRequired |
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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6801385 | BeginningOfYearBalance |
| Contributions | 0 | Contributions |
| Investment Earnings Or Losses | 1169749 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 227700 | GrantsOrScholarships |
| Other Expenditures | 942049 | OtherExpenditures |
| End Of Year Balance | 6801385 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6776385 | BeginningOfYearBalance |
| Contributions | 25000 | Contributions |
| Investment Earnings Or Losses | 349380 | InvestmentEarningsOrLosses |
| Other Expenditures | 349380 | OtherExpenditures |
| End Of Year Balance | 6801385 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6574870 | BeginningOfYearBalance |
| Contributions | 201515 | Contributions |
| Investment Earnings Or Losses | 727879 | InvestmentEarningsOrLosses |
| Other Expenditures | 727879 | OtherExpenditures |
| End Of Year Balance | 6776385 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6549870 | BeginningOfYearBalance |
| Contributions | 25000 | Contributions |
| Investment Earnings Or Losses | 837758 | InvestmentEarningsOrLosses |
| Other Expenditures | 837758 | OtherExpenditures |
| End Of Year Balance | 6574870 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6524870 | BeginningOfYearBalance |
| Contributions | 25000 | Contributions |
| Investment Earnings Or Losses | 152211 | InvestmentEarningsOrLosses |
| Other Expenditures | 152211 | OtherExpenditures |
| End Of Year Balance | 6549870 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| 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 | 711012 | OtherCostOrOtherBasis |
| Book Value | 711012 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3817853 | OtherCostOrOtherBasis |
| Depreciation | 1582080 | Depreciation |
| Book Value | 2235773 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 60816 | OtherCostOrOtherBasis |
| Depreciation | 60816 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 355637 | OtherCostOrOtherBasis |
| Depreciation | 321358 | Depreciation |
| Book Value | 34279 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 331164 | OtherCostOrOtherBasis |
| Depreciation | 279331 | Depreciation |
| Book Value | 51833 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3032897 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| ORCHID ASIA III FUNDS | 724140 | F |
| TIGER GLOBAL CLASS C SERIES 1A FUND | 838970 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1563110 | TotalOfBookValueSecurities |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 3519339 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 400122 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 400122 | RevenueNotRptdF990 |
| Revenue Subtotal | 3119217 | RevenueSubtotal |
| Investment Expenses Not Included | 41497 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -194041 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -152544 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2966673 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2029972 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 194041 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 194041 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1835931 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 41497 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 41497 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1877428 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | 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. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | 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, 2011, 2010, AND 2009 ARE PRESENTLY SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE -194,041. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE 194,041. |
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 | NON-DESCRIMINATORY POLICY STATED IN FUND RAISING LITERATURE, SCHOOL CATALOGUE AND APPLICATION FORMS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | $20,000 GRANT FROM NATIONAL ENDOWMENT FOR THE ARTS TO FUND SCHOLARSHIPS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ANNUAL AWARDS DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 395667 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 335827 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 59840 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 20500 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 50272 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 123269 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 395667 | GrossReceiptsTotal |
| Charitable Contributions Total | 335827 | CharitableContributionsTotal |
| Gross Revenue Total Events | 59840 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 20500 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 50272 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 123269 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 194041 | DirectExpenseSummaryEvents |
| Net Income Summary | -134201 | 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 | FULL AND PARTIAL FELLOWSHIP GRANTS | TypeOfGrant |
| Number Of Recipients | 65 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 227700 | AmountOfNonCashAssistance |
| Method Of Valuation | BASED ON FULL ADMISSION FEE OF $5,500 PER STUDENT. | MethodOfValuation |
| Description Of Non Cash Assistance | PARTIAL AND FULL FELLOWSHIPS TOWARDS TUITION, ROOM AND BOARD. | DescriptionOfNonCashAssistance |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | MARY M LOOKER AND ROBERT L LOOKER ARE MOTHER AND SON AND VOTING MEMBERS OF THE SCHOOL'S BOARD OF TRUSTEES. |
| 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 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. |
| THE PROCESS HAS BEEN CONSISTENT WITH PRIOR YEARS. |
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