New Hampshire Institute of Art: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- New Hampshire Institute of Art (EIN 02-0222154)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-06
- IRS object ID
- 201340379349300439
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-06T16:04:54-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203985821 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOWE RILEY & HOWE PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 CHESTNUT STREET | AddressLine1 |
| City | MANCHESTER | City |
| State | NH | State |
| ZIP Code | 031043500 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020222154 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW HAMPSHIRE INSTITUTE OF ART | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWH | NameControl |
| Phone | 6036220313 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148 CONCORD STREET | AddressLine1 |
| City | MANCHESTER | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES CHATTERTON | Name |
| Title | VP-FINANCE | Title |
| Phone | 6036220313 | Phone |
| Date Signed | 2013-02-06 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LANCE R TURGEON | Name |
| PTIN | P00627708 | PTIN |
| Phone | 6036273838 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROGER WILLIAMS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148 CONCORD STREET | AddressLine1 |
| City | MANCHESTER | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13345348 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.NHIA.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1898 | YearFormation |
| State Legal Domicile | NH | StateLegalDomicile |
| Activity Or Mission Description | PROVIDING EDUCATION IN THE FIELD OF FINE ART. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 310 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 587065 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 702859 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 11025036 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 11605647 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 644099 | InvestmentIncomePriorYear |
| Investment Income Current Year | 733831 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 7321 | OtherRevenuePriorYear |
| Other Revenue Current Year | 98584 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12263521 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13140921 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1677727 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1715456 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5247708 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5132554 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 302429 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5425475 | OtherExpensePriorYear |
| Other Expenses Current Year | 5984818 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12350910 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12832828 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -87389 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 308093 | RevenuesLessExpensesCY |
| Total Assets BOY | 49883906 | TotalAssetsBOY |
| Total Assets EOY | 50480188 | TotalAssetsEOY |
| Total Liabilities BOY | 18611172 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 20317223 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 31272734 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 30162965 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF THE NEW HAMPSHIRE INSTITUTE OF ART IS TO ENGAGE STUDENTS, ARTISTS, SCHOLARS, AND THE COMMUNITY IN THE ARTS THROUGH QUALITY EDUCATION, OUTREACH, AND ACCESS TO CREATIVE RESOURCES, WITH A FOCUS ON THE PRESENT AND A VISION ON THE FUTURE. THE INSTITUTE WILL DISTINGUISH ITSELF THROUGH A CONTINUED EMPHASIS ON TEACHING THE INTEGRATION OF CREATIVE, AESTHETIC, TECHNICAL, AND CRITICAL SKILLS IN ARTISTIC EXPRESSION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10783445 | Expense |
| Grants | 1715456 | Grants |
| Revenue | 11699205 | Revenue |
| Description | THE BFA PROGRAM IS THE INSTITUTE'S FLAGSHIP PROGRAM. ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN (NASAD) AND THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES (NEASC). THE PROGRAM FOCUSES ON TEACHING THE TRADITIONAL FINE ARTS. THERE ARE 465 STUDENTS IN THE BFA PROGRAM. THE CONTINUING EDUCATION PROGRAM HAD 841 COURSE REGISTRATIONS. APPROXIMATELY 20,000 VISITS WERE MADE TO THE INSTITUTE TO VIEW THE VARIOUS EXHIBITIONS THROUGHOUT THE YEAR. | Description |
| Total Program Service Expense | 10783445 | 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 | 1 | 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 | 1 | 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 | 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 | 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 | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 76 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 310 | 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 | 0 | QuidProQuoContributions |
| 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 | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | 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 | 1 | 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 | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES CHATTERTON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6038362512 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148 CONCORD STREET | AddressLine1 |
| City | MANCHESTER | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| RON COVEY | |||||||
| CHAIRMAN | 0.50 | X | X | 0 | 0 | 0 | |
| JOE REILLY | |||||||
| VICE CHAIRMAN | 0.50 | X | X | 0 | 0 | 0 | |
| ARTHUR SULLIVAN | |||||||
| TREASURER | 0.50 | X | X | 0 | 0 | 0 | |
| ELLIE COCHRAN | |||||||
| SECRETARY | 0.50 | X | X | 0 | 0 | 0 | |
| MAURICE BELIVEAU | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| GERRY WILLIAMS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| SKIP ASHOOH | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| BARBARA BICKFORD | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| BEN GAYMAN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HOWARD BRODSKY | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| TOM DOUGHERTY | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| LORRAINE DUFRESNE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOSEPH LOVEJOY | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOHN MERCIER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DAVID RHODES | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| PHYLLIS STIBLER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| AMY BETTENCOURT | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DAVID MURRAY | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WILLIAM STEVENS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ELLEN DAVIS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ROGER WILLIAMS | |||||||
| PRESIDENT | 37.50 | X | 190300 | 0 | 26451 | ||
| JAMES CHATTERTON | |||||||
| VP-FINANCE & ADMINISTRATIO | 37.50 | X | 115969 | 0 | 5295 | ||
| RICHARD STRAWBRIDGE | |||||||
| EXECUTIVE VICE PRESIDENT | 37.50 | 144576 | 0 | 5492 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 450845 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 37238 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | 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 |
|---|---|---|---|---|---|
| BRADY SULLIVAN | |||||
| 670 N COMMERCIAL STREET 303 | MANCHESTER | NH | 03101 | RENTAL & FACILITY BUILD-OUT SERVICES | 1343279 |
| CHARTWELLSCOMPASS GROUP | |||||
| 2400 YORKMONT ROAD | CHARLOTTE | NC | 28217 | FOOD SERVICES | 683936 |
| MILESTONE ENGINEERING | |||||
| 1 HORSESHOE POND LANE | CONCORD | NH | 03301 | CONSTRUCTION SERVICE | 235031 |
| WHITEWATER CLEANING | |||||
| PO BOX 6105 | PENACOOK | NH | 03303 | CLEANING SERVICES | 131667 |
| PALMER & SICARD | |||||
| 140 EPPING ROAD | EXETER | NH | 03833 | CONSTRUCTION SERVICE | 112417 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 702859 | AllOtherContributions |
| Noncash Contributions | 248565 | NoncashContributions |
| Total Contributions | 702859 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611710 | 9415470 | 9415470 |
| AUXILIARY ENTERPRISES | 900099 | 2116072 | 2116072 |
| OTHER INCOME | 900099 | 74105 | 74105 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 11605647 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 733831 | TotalRevenueColumn |
| Exclusion | $733,831 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 25683 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 20657 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5026 | TotalRevenueColumn |
| Exclusion | $5,026 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 277328 | GrossSalesOfInventory |
| Cost Of Goods Sold | 183770 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 93558 | TotalRevenueColumn |
| Related Or Exempt Function Income | 93558 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13140921 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11699205 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $738,857 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1715456 | Total |
| Program Services | 1715456 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 338015 | Total |
| Management And General | 338015 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4006485 | Total |
| Program Services | 3321820 | ProgramServices |
| Management And General | 569021 | ManagementAndGeneral |
| Fundraising | 115644 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27783 | Total |
| Program Services | 21236 | ProgramServices |
| Management And General | 5778 | ManagementAndGeneral |
| Fundraising | 769 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 402712 | Total |
| Program Services | 332094 | ProgramServices |
| Management And General | 58605 | ManagementAndGeneral |
| Fundraising | 12013 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 357559 | Total |
| Program Services | 273314 | ProgramServices |
| Management And General | 74359 | ManagementAndGeneral |
| Fundraising | 9886 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38927 | Total |
| Management And General | 35174 | ManagementAndGeneral |
| Fundraising | 3753 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35500 | Total |
| Management And General | 35500 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61557 | Total |
| Management And General | 61557 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188723 | Total |
| Program Services | 116410 | ProgramServices |
| Management And General | 22840 | ManagementAndGeneral |
| Fundraising | 49473 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90675 | Total |
| Program Services | 47098 | ProgramServices |
| Management And General | 7443 | ManagementAndGeneral |
| Fundraising | 36134 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 433899 | Total |
| Program Services | 206541 | ProgramServices |
| Management And General | 207462 | ManagementAndGeneral |
| Fundraising | 19896 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1789703 | Total |
| Program Services | 1717568 | ProgramServices |
| Management And General | 60418 | ManagementAndGeneral |
| Fundraising | 11717 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170823 | Total |
| Program Services | 159347 | ProgramServices |
| Management And General | 10872 | ManagementAndGeneral |
| Fundraising | 604 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8201 | Total |
| Program Services | 4062 | ProgramServices |
| Management And General | 2986 | ManagementAndGeneral |
| Fundraising | 1153 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 563212 | Total |
| Program Services | 536339 | ProgramServices |
| Management And General | 26737 | ManagementAndGeneral |
| Fundraising | 136 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1339521 | Total |
| Program Services | 1280869 | ProgramServices |
| Management And General | 41561 | ManagementAndGeneral |
| Fundraising | 17091 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24377 | Total |
| Management And General | 24377 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER | 767879 | 706096 | 53183 | 8600 |
| WAIVERS | 186852 | 186852 | ||
| HOSPITALITY | 140195 | 117077 | 8833 | 14285 |
| EQUIPMENT RENTAL | 137933 | 37856 | 98852 | 1225 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6841 | Total |
| Program Services | 3410 | ProgramServices |
| Management And General | 3381 | ManagementAndGeneral |
| Fundraising | 50 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12832828 | Total |
| Program Services | 10783445 | ProgramServices |
| Management And General | 1746954 | ManagementAndGeneral |
| Fundraising | 302429 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500 | BOY |
| EOY | 502 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 475231 | BOY |
| EOY | 365409 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84098 | BOY |
| EOY | 342162 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25973 | BOY |
| EOY | 15401 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85051 | BOY |
| EOY | 102316 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 262940 | BOY |
| EOY | 325529 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 30126840 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 6710540 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22408313 | BOY |
| EOY | 23416300 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24404043 | BOY |
| EOY | 15737557 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 7609504 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2137757 | BOY |
| EOY | 2565508 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49883906 | BOY |
| EOY | 50480188 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 354670 | BOY |
| EOY | 512136 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145311 | BOY |
| EOY | 125095 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15210000 | BOY |
| EOY | 14920000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1970988 | BOY |
| EOY | 2702541 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 930203 | BOY |
| EOY | 2057451 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18611172 | BOY |
| EOY | 20317223 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2983215 | BOY |
| EOY | 5430389 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94461 | BOY |
| EOY | 711378 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28195058 | BOY |
| EOY | 24021198 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31272734 | BOY |
| EOY | 30162965 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49883906 | BOY |
| EOY | 50480188 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 308093 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1417862 | 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 |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 248565 | RevenuesIncluded |
| Assets In Part X | 1835590 | 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 |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24474564 | BeginningOfYearBalance |
| Contributions | 7402 | Contributions |
| Investment Earnings Or Losses | 44297 | InvestmentEarningsOrLosses |
| Other Expenditures | 1152825 | OtherExpenditures |
| End Of Year Balance | 23373438 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22676652 | BeginningOfYearBalance |
| Contributions | 24 | Contributions |
| Investment Earnings Or Losses | 2591888 | InvestmentEarningsOrLosses |
| Other Expenditures | 794000 | OtherExpenditures |
| End Of Year Balance | 24474564 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22079753 | BeginningOfYearBalance |
| Contributions | 62336 | Contributions |
| Investment Earnings Or Losses | 2194884 | InvestmentEarningsOrLosses |
| Other Expenditures | 1660411 | OtherExpenditures |
| End Of Year Balance | 22676562 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 28850798 | BeginningOfYearBalance |
| Contributions | 103787 | Contributions |
| Investment Earnings Or Losses | -5308840 | InvestmentEarningsOrLosses |
| Other Expenditures | 1565992 | OtherExpenditures |
| End Of Year Balance | 22079753 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.03620 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.94600 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01780 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 384018 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 22523409 | OtherCostOrOtherBasis |
| Depreciation | 3964178 | Depreciation |
| Book Value | 18943249 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2513182 | OtherCostOrOtherBasis |
| Depreciation | 480595 | Depreciation |
| Book Value | 2032587 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4706231 | OtherCostOrOtherBasis |
| Depreciation | 2265767 | Depreciation |
| Book Value | 2440464 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 23416300 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| AEW REAL ESTATE INVESTMENT TRUST | 1417623 | F |
| WEATHERLOW OFFSHORE FUND | 3109800 | F |
| NYES LEDGE CAPITAL OFFSHORE FUND | 1550188 | F |
| FORESTER DIVERSIFIED | 1531893 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 7609504 | TotalOfBookValueSecurities |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| COLLECTIONS | 1835590 |
| CONSTRUCTION IN PROGRESS | 195667 |
| ASSETS HELD IN CHARITABLE REMAINDER TRUST | 111377 |
| DEBT ISSUANCE COSTS | 372736 |
| GOODWILL | 50138 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 2565508 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEPOSITS | $142,686 |
| CAPITAL LEASE PAYABLE | $465,023 |
| MARKET VALUE OF INTEREST RATE SWAP | $1,449,742 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2057451 | TotalOfAmounts |
| Total Revenue | 13140921 | TotalRevenue |
| Total Expenses | 12832828 | TotalExpenses |
| Excess Or Deficit For Year | 308093 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -626333 | NetUnrealizedGLOnInvestments |
| Other | -$791,529 | OtherAmount |
| Total Adjustments | -1417862 | TotalAdjustments |
| Excess Or Deficit Per FS | -1109769 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 10146720 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 204427 | OtherRevenues |
| Revenue Not Rptd F990 | 204427 | RevenueNotRptdF990 |
| Revenue Subtotal | 9942293 | RevenueSubtotal |
| Investment Expenses Not Included | 61557 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 3137071 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3198628 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13140921 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11256489 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 204427 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 204427 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11052062 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 61557 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1719209 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1780766 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12832828 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND OTHER SIMILAR ASSETS CONSIDERED TO BE COLLECTION ITEMS ARE CAPITALIZED AND RECOGNIZED AS REVENUES OR GAINS IN THE PERIOD RECEIVED. THE INSTITUTE'S COLLECTIONS CONSIST OF RARE WORKS OF ART AND OUT OF PRINT BOOKS, REFERENCE MATERIALS, AND PHOTOGRAPHS; THUS, NO PROVISION FOR DEPRECIATION IS MADE THEREON. THE COLLECTIONS ARE MAINTAINED FOR EDUCATIONAL PURPOSES AND ARE TO BE MAINTAINED IN PERPETUITY. AS SUCH, THEY ARE RECORDED IN PERMANENTLY RESTRICTED NET ASSETS. SUBSEQUENT ADDITIONS ACQUIRED BY PURCHASE WILL BE STATED AT COST; ADDITIONS ACQUIRED BY GIFT WILL BE STATED AT THE ESTIMATED FAIR VALUE AT THE DATE OF DONATION. THE TOTAL CARRYING VALUE OF THE COLLECTIONS WAS $1,835,590. | |
| PART V, LINE 4: | THE INSTITUTES ENDOWMENTS CONSIST OF FUNDS ESTABLISHED FOR THE BENEFIT OF THE INSTITUTE, WITH VARIOUS SPECIFIC PURPOSES. IN ADDITION, THE INSTITUTE HAS BOARD DESIGNATED ENDOWMENT FUNDS WHICH ARE NOT SUBJECT TO UPMIFA. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | PART X, LINE 2: THE INSTITUTE IS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE SERVICE HAS DETERMINED THE INSTITUTE TO BE OTHER THAN A PRIVATE FOUNDATION. THE INSTITUTE HAS ADOPTED THE ACCOUNTING GUIDANCE UNDER THE INCOME TAXES TOPIC OF THE FASB ASC. THE GUIDANCE REQUIRES THE INSTITUTE TO EVALUATE ITS TAX POSITIONS AND RECOGNIZE THE TAX BENEFIT FROM ANY UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERIT OF THE POSITION. IF THE INSTITUTE TAKES A TAX POSITION THAT DOES NOT MEET THE CRITERIA FOR RECOGNITION UNDER THIS STANDARD, THE BENEFIT OF THAT POSITION, INCLUDING POTENTIAL INTEREST AND PENALTIES THEREON, MUST BE REFLECTED AS A LIABILITY IN THE FINANCIAL STATEMENTS UNTIL SUCH TIME AS THE POSITION MEETS THE CRITERIA FOR RECOGNITION. THE RECOGNITION CRITERIA MAY BE MET THROUGH SUBSEQUENT EXAMINATION AND SETTLEMENT BY THE AUTHORITIES, PUBLICATION OF CASE LAW OR REGULATIONS SUPPORTING THE POSITION, OR EXPIRATION OF THE STATUTE OF LIMITATIONS. AS OF JUNE 30, 2012 AND 2011, THE INSTITUTE HAS NOT TAKEN ANY SIGNIFICANT MATERIAL TAX POSITIONS WHICH DO NOT MEET THE CRITERIA FOR RECOGNITION. THE INSTITUTE REPORTS INTEREST AND PENALTY EXPENSE ON UNCERTAIN TAX POSITIONS AS PART OF OPERATING EXPENSES. AS OF JUNE 30, 2012 AND 2011, THERE WERE NO EXPENSES RELATED TO INTEREST OR PENALTIES ON UNCERTAIN TAX POSITIONS. THE INSTITUTES TAX YEARS END ON JUNE 30TH. THE TAX FILINGS FOR THE TAX YEARS ENDING BEFORE JUNE 30, 2009 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -1,644. CHANGE IN VALUE OF INTEREST RATE SWAP -789,885. TOTAL TO SCHEDULE D, PART XI, LINE 8: -791,529. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| FUNDRAISING EXPENSES 20,657. COST OF GOODS SOLD 183,770. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| CHANGE IN VALUE OF SPLIT- INTEREST RATE SWAP 789,885. STUDENT AID 1,715,456. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 1,644. NET UNREALIZED LOSSES ON INVESTMENTS 626,333. LEGAL EXPENSES RELATED TO THE DONATION OF A COLLECTION 3,753. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| FUNDRAISING EXPENSE 20,657. COST OF GOODS SOLD 183,770. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| STUDENT AID 1,715,456. LEGAL EXPENSES RELATED TO THE DONATION OF A COLLECTION 3,753. | PART XIII, 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 | PUBLISHED COMMUNICATIONS TO THE GENERAL PUBLIC WHICH CONTAIN THE INSTITUTE'S POLICIES OF NON-DESCRIMINATION. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | NH COUNCIL ON ARTS PROVIDES FUNDING; VARIOUS FEDERAL AND STATE AGENCIES GIVE STUDENT FINANCIAL AID TO THE INSTITUTE. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION OF STUDENT ART | NameOfEvent1 |
| Gross Receipts Event1 | 12155 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 12155 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 11983 | OtherDirectExpensesEvent1 |
| Name Of Event2 | EXHIBITION & SALE OF STUDENT ART | NameOfEvent2 |
| Gross Receipts Event2 | 13528 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 13528 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 8674 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 25683 | GrossReceiptsTotal |
| Gross Revenue Total Events | 25683 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 20657 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 20657 | DirectExpenseSummaryEvents |
| Net Income Summary | 5026 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (16 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| PAUL & ANNE HARVEY SCHOLARSHIP | 8 | 8000 |
| JOHN HUBENTHAL SCHOLARSHIP | 1 | 1400 |
| SCANNELL SCHOLARSHIP | 1 | 1750 |
| FIRST IN HIGH SCHOOL SCHOLARSHIP | 114 | 109400 |
| MATCHING FUNDS | 108 | 268988 |
| OTHER INSTITUTIONAL AWARDS | 21 | 48750 |
| FOUNDERS - FRESHMAN SCHOLARSHIP | 16 | 14000 |
| FULLER SCHOLARSHIP | 404 | 491990 |
| PRESIDENTIAL SCHOLARSHIP | 122 | 258777 |
| MERIT SCHOLARSHIPS | 2 | 9000 |
| MATCHING FUNDS - STATE, FEDERAL | 117 | 5575 |
| FOUNDERS - RETURNING STUDENT SCHOLARSHIP | 14 | 16110 |
| NEED SCHOLARSHIPS | 195 | 289611 |
| HOUSING SCHOLARSHIPS | 104 | 150424 |
| TRANSFER SCHOLARSHIP | 48 | 35814 |
| SCHOLARSHIP ART AWARD | 43 | 4000 |
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: ALL ASSISTANCE IS IN THE FORM OF GRANTS AND SCHOLARSHIPS. THESE FUNDS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (2 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROGER WILLIAMS | |||||||||||||
| 190300 | 0 | 0 | 0 | 0 | 0 | 6718 | 0 | 19733 | 0 | 216751 | 0 | 0 | 0 |
| RICHARD STRAWBRIDGE | |||||||||||||
| 144576 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5492 | 0 | 150068 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| NEW HAMPSHIRE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY | |||||||
| 020279866 | 644614XOB | 2009-04-27 | 9000000 | FINANCE THE ACQUISITION AND CONSTRUCTION OF ACADEMIC BUILDINGS AND BUY EQUIP | 0 | 0 | 0 |
| NEW HAMPSHIRE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY | |||||||
| 020287966 | 644614XOB | 2005-09-29 | 7000000 | REFINANCE SERIES 2000 BOND AND FINANCE PURCHASE AND RENOVATION OF BUILDINGS | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Other Spent ProceedsOtherSpentProceeds |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 335000 | 9000000 | 35000 | 180000 | 47656 | 8737344 | 2009 | 0 | 0 | 1 | 1 | |
| 745000 | 7000000 | 42513 | 140000 | 4483688 | 2005 | 1 | 0 | 1 | 1 | 2333799 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated |
|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||
| 0 | 1 | 0 | 0 | 0 | 0 | |||
| MORGAN STANLEY | ||||||||
| 0 | 1 | 1 | 0 | 0 | 0 | 30.000000000000 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ARTHUR SULLIVAN | |||
| TRUSTEE | 1343276 | ARTHUR SULLIVAN IS A PRINCIPAL AT BRADY SULLIVAN PROPERTIES. THE INSTITUTE LEASES RESIDENTIAL DORM SPACE FROM BRADY SULLIVAN. | 0 |
| ROGER WILLIAMS | |||
| PRESIDENT | 85216 | WHITNEY WILLIAMS IS THE DAUGHTER OF ROGER WILLIAMS, PRESIDENT. WHITNEY RECEIVED COMPENSATION AS RESIDENT DIRECTOR IN THE HAMPSHIRE HOUSING DORMITORY. | 0 |
| BEN GAYMAN | |||
| TRUSTEE | 22768 | BEN GAYMAN IS A LAWYER AT DEVINE MILLIMET. THE INSTITUTE RECEIVED LEGAL SERVICES FROM DEVINE MILLIMET. | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 248565 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE INSTITUTE'S FINANCE COMMITTEE REVIEWED THE FORM 990 IN DETAIL. THE ENTIRE BOARD RECEIVED A COMPLETE COPY OF THE 990, INCLUDING ALL SCHEDULES, PRIOR TO FILING THE 990. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS PROVIDED TO THE APPROPRIATE INDIVIDUALS AND RE-SIGNED EVERY YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -626,333. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -1,644. CHANGE IN VALUE OF INTEREST RATE SWAP -789,885. TOTAL TO FORM 990, PART XI, LINE 5: -1,417,862. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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