THE ROSS INSTITUTE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE ROSS INSTITUTE INC (EIN 01-0880911)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201341359349304319
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T11:01:56-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAMBRIDES LAMOSTAYLOR LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 LARKFIELD RD | AddressLine1 |
| City | EAST NORTHPORT | City |
| State | NY | State |
| ZIP Code | 11731 | 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 | 010880911 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSS INSTITUTE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ROSS | NameControl |
| Phone | 6319075102 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 GOODFRIEND DRIVE | AddressLine1 |
| City | EAST HAMPTON | City |
| State | NY | State |
| ZIP Code | 11937 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANDREW J ROBBINS | Name |
| Title | TREASURER | Title |
| Phone | 6319075102 | Phone |
| Date Signed | 2013-05-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LESLIE NIESKENS | Name |
| Phone | 6317544242 | Phone |
| Date Prepared | 2013-05-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ROSS SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | COURTNEY S ROSS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 GOODFRIEND DRIVE | AddressLine1 |
| City | EAST HAMPTON | City |
| State | NY | State |
| ZIP Code | 11937 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 30676392 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ROSS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1993 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | OUR MISSION IS TO CHANGE THE WAY EDUCATION MEETS THE FUTURE; TO FOSTER INTERDISCIPLINARY, INTEGRATED THINKING AND INNOVATIVE LEADERSHIP; TO ENGAGE FULLY IN THE GLOBAL COMMUNITY; AND TO FACILITATE LIFELONG LEARNING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 501 | TotalNbrEmployees |
| Total Nbr Volunteers | 225 | TotalNbrVolunteers |
| Total Gross UBI | -92862 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -164077 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7607213 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6682728 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 20614648 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 23442539 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1549 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1120 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 83338 | OtherRevenuePriorYear |
| Other Revenue Current Year | 166467 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 28306748 | TotalRevenuePriorYear |
| Total Revenue Current Year | 30292854 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4468823 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3094176 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 13945361 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15444970 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 995106 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 16059569 | OtherExpensePriorYear |
| Other Expenses Current Year | 16419732 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 34473753 | TotalExpensesPriorYear |
| Total Expenses Current Year | 34958878 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -6167005 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -4666024 | RevenuesLessExpensesCY |
| Total Assets BOY | 98130739 | TotalAssetsBOY |
| Total Assets EOY | 96654837 | TotalAssetsEOY |
| Total Liabilities BOY | 46498236 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 49688358 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 51632503 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 46966479 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | OUR MISSION IS TO CHANGE THE WAY EDUCATION MEETS THE FUTURE; TO FOSTER INTERDISCIPLINARY, INTEGRATED THINKING AND INNOVATIVE LEADERSHIP; TO ENGAGE FULLY IN THE GLOBAL COMMUNITY; AND TO FACILITATE LIFELONG LEARNING. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 25115494 | Expense |
| Grants | 3032388 | Grants |
| Revenue | 22993769 | Revenue |
| Description | EDUCATION OF STUDENTS IN PRE-NURSERY TO PRE-K, GRADES K 12, POSTGRADUATE, AND FOR THE COMMUNITY-AT-LARGE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2572032 | Expense |
| Description | RESEARCH AND DEVELOPMENT OF INNOVATIVE CURRICULUM AND PROGRAMS IN ORDER TO PREPARE STUDENTS FOR COLLEGE AND CAREER OPTIONS IN THE 21ST CENTURY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2199546 | Expense |
| Grants | 61788 | Grants |
| Revenue | 350094 | Revenue |
| Description | PROVIDING PROFESSIONAL DEVELOPMENT FOR SCHOOLS AND INDIVIDUALS THAT WOULD LIKE TO ADOPT THE ROSS MODEL, GROWING OUR WORLDWIDE COMMUNITY OF ROSS SCHOOLS THAT ARE COMMITTED TO 21ST CENTURY EDUCATION AND CATALYZING RESEARCH IN ORDER TO IMPROVE PEDAGOGICAL PRACTICE. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1341559 | Expense |
| Description | DEVELOPMENT AND UTILIZATION OF TECHNOLOGY FOR EDUCATION IN AN EDUCATIONAL ENVIRONMENT. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1341559 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 31228631 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 172 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 501 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUANE RITTER CONTROLLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6319075102 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 GOODFRIEND DRIVE | AddressLine1 |
| City | EAST HAMPTON | City |
| State | NY | State |
| ZIP Code | 11937 | 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 |
|---|---|---|---|---|---|---|---|
| JENNIFER CHIDSEY | |||||||
| COO, TRUSTEE | 50.00 | X | X | 211160 | 0 | 11171 | |
| COURTNEY SALE ROSS | |||||||
| PRESIDENT/CH | 20.00 | X | X | 0 | 0 | 0 | |
| LORI SCHIAFFINO - FROM 101711 | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| NICOLE ROSS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JUERGEN FRIEDRICH - UNTIL 82211 | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GUNNAR WALSTAM - UNTIL 101711 | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CATHERINE HICKEY - FROM 7111 | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PATTI SILVER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARTIN PAYSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN WEBER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ANKE FRIEDRICH - 82211 - 121211 | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MICHELE CLAEYS | |||||||
| HEAD OF SCHO | 50.00 | X | 185236 | 0 | 94919 | ||
| SCOTT POTTBECKER -62011 - 4612 | |||||||
| CFO, DIR OF | 50.00 | X | 86105 | 0 | 4655 | ||
| DUANE RITTER | |||||||
| CONTROLLER | 50.00 | X | 84353 | 0 | 14834 | ||
| MARGARET REGAN - FROM 62812 | |||||||
| SECRETARY/EX | 50.00 | X | 65315 | 0 | 15675 | ||
| NATASHA BORISOVA - UNTIL 62812 | |||||||
| SECRETARY/A. | 50.00 | X | 58708 | 0 | 8775 | ||
| KRISTOPHER KNUTSON - UNTIL 22112 | |||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | ||
| ANDREW ROBBINS - FROM 22112 | |||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | ||
| DIANA ACETI | |||||||
| DIRECTOR OF | 50.00 | 138876 | 0 | 11993 | X | ||
| ELKA RIFKIN | |||||||
| HEAD OF LOWE | 50.00 | 129835 | 0 | 10170 | X | ||
| WILLIAM O'HEARN | |||||||
| HEAD OF MIDD | 50.00 | 121016 | 0 | 32806 | X | ||
| CYRIL P LIM | |||||||
| EXECUTIVE AS | 50.00 | 115269 | 0 | 1548 | X | ||
| MARIA M MACIAK | |||||||
| DIR. MEDIA P | 50.00 | 106383 | 0 | 19489 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1302256 | TotalReportableCompFromOrg |
| Total Other Compensation | 226035 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| WHITEMAN OSTERMAN & HANNA LLP | |||||
| ONE COMMERCE PLAZA | ALBANY | NY | 12260 | LEGAL | 212933 |
| ROSS SOLAR GROUP LLC | |||||
| 72 GRAYS BRIDGE ROAD C1 | BROOKFIELD | CT | 06805 | SOLAR | 174452 |
| 3 GOODFRIEND LLC | |||||
| 3 GOODFRIEND DR | EAST HAMPTON | NY | 11937 | OFFICE SPACE | 148589 |
| NEWMARK & CO REAL ESTATE | |||||
| 125 PARK AVE | NEW YORK | NY | 10017 | OFFICE SPACE | 142386 |
| HL GROUP PARTNERS LLC | |||||
| 853 BROADWAY 18TH FLOOR | NEW YORK | NY | 10003 | MARKETING | 136378 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Fundraising Events | 923544 | FundraisingEvents |
| Government Grants | 172707 | GovernmentGrants |
| All Other Contributions | 5586477 | AllOtherContributions |
| Noncash Contributions | 2600959 | NoncashContributions |
| Total Contributions | 6682728 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TUITION AND FEES | 18703361 | 18703361 |
| SUMMER CAMP INCOME | 2476014 | 2476014 |
| TENNIS CENTER INCOME | 854663 | 854663 |
| SCHOOL PROGRAM INCOME | 396630 | 396630 |
| PROFESSIONAL DEVELOPMENT | 350094 | 350094 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 661777 | TotalRevenueColumn |
| Related Or Exempt Function Income | 563101 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 8432 | UnrelatedBusinessRevenue |
| Exclusion | $90,244 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 23442539 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1120 | TotalRevenueColumn |
| Exclusion | $1,120 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 501255 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 207193 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 294062 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 294062 | TotalRevenueColumn |
| Unrelated Business Revenue | -101294 | UnrelatedBusinessRevenue |
| Exclusion | $395,356 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 48750 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 923544 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 176345 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -127595 | TotalRevenueColumn |
| Exclusion | -$127,595 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 30292854 | TotalRevenueColumn |
| Related Or Exempt Function Income | 23343863 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -92862 | UnrelatedBusinessRevenue |
| Exclusion | $359,125 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61788 | Total |
| Program Services | 61788 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3032388 | Total |
| Program Services | 3032388 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 827826 | Total |
| Program Services | 395198 | ProgramServices |
| Management And General | 432628 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12095936 | Total |
| Program Services | 10885830 | ProgramServices |
| Management And General | 875301 | ManagementAndGeneral |
| Fundraising | 334805 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 283960 | Total |
| Program Services | 256970 | ProgramServices |
| Management And General | 18693 | ManagementAndGeneral |
| Fundraising | 8297 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1306422 | Total |
| Program Services | 1168238 | ProgramServices |
| Management And General | 103583 | ManagementAndGeneral |
| Fundraising | 34601 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 930826 | Total |
| Program Services | 815554 | ProgramServices |
| Management And General | 90994 | ManagementAndGeneral |
| Fundraising | 24278 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 229450 | Total |
| Program Services | 137974 | ProgramServices |
| Management And General | 91116 | ManagementAndGeneral |
| Fundraising | 360 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56080 | Total |
| Management And General | 56080 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1011204 | Total |
| Program Services | 640382 | ProgramServices |
| Management And General | 111758 | ManagementAndGeneral |
| Fundraising | 259064 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 385224 | Total |
| Program Services | 243093 | ProgramServices |
| Management And General | 20047 | ManagementAndGeneral |
| Fundraising | 122084 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 157690 | Total |
| Program Services | 124486 | ProgramServices |
| Management And General | 24320 | ManagementAndGeneral |
| Fundraising | 8884 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83122 | Total |
| Program Services | 76571 | ProgramServices |
| Management And General | 5553 | ManagementAndGeneral |
| Fundraising | 998 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2638985 | Total |
| Program Services | 2547071 | ProgramServices |
| Management And General | 80670 | ManagementAndGeneral |
| Fundraising | 11244 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 651557 | Total |
| Program Services | 607298 | ProgramServices |
| Management And General | 29796 | ManagementAndGeneral |
| Fundraising | 14463 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 418387 | Total |
| Program Services | 397915 | ProgramServices |
| Management And General | 16340 | ManagementAndGeneral |
| Fundraising | 4132 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 408929 | Total |
| Program Services | 364220 | ProgramServices |
| Management And General | 38287 | ManagementAndGeneral |
| Fundraising | 6422 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5091167 | Total |
| Program Services | 4747135 | ProgramServices |
| Management And General | 302162 | ManagementAndGeneral |
| Fundraising | 41870 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 663626 | Total |
| Program Services | 618878 | ProgramServices |
| Management And General | 38164 | ManagementAndGeneral |
| Fundraising | 6584 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| REPAIR AND MAINT. | 1222435 | 1183201 | 35333 | 3901 |
| FURNITURE, EQUIP & MAINT | 749672 | 678792 | 49278 | 21602 |
| FOOD AND MEALS | 615772 | 563910 | 45539 | 6323 |
| SUPPLIES | 407666 | 365936 | 29672 | 12058 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1628766 | Total |
| Program Services | 1315803 | ProgramServices |
| Management And General | 239827 | ManagementAndGeneral |
| Fundraising | 73136 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34958878 | Total |
| Program Services | 31228631 | ProgramServices |
| Management And General | 2735141 | ManagementAndGeneral |
| Fundraising | 995106 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2463937 | BOY |
| EOY | 3238840 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 262456 | BOY |
| EOY | 26114 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 284036 | BOY |
| EOY | 387937 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118597 | BOY |
| EOY | 29740 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40000 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 800729 | BOY |
| EOY | 867900 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 156104011 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 64732750 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93235382 | BOY |
| EOY | 91371261 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 235949 | BOY |
| EOY | 196813 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 689653 | BOY |
| EOY | 536232 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98130739 | BOY |
| EOY | 96654837 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2069104 | BOY |
| EOY | 1940957 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7504840 | BOY |
| EOY | 9980887 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2585000 | BOY |
| EOY | 2455000 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18444505 | BOY |
| EOY | 18588832 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15894787 | BOY |
| EOY | 16722682 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46498236 | BOY |
| EOY | 49688358 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51323967 | BOY |
| EOY | 46301265 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72825 | BOY |
| EOY | 469233 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 235711 | BOY |
| EOY | 195981 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51632503 | BOY |
| EOY | 46966479 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98130739 | BOY |
| EOY | 96654837 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -4666024 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 2500000 | RevenuesIncluded |
| Assets In Part X | 3981346 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | EDUCATIONAL | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 235949 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 864 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -40000 | GrantsOrScholarships |
| End Of Year Balance | 196813 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 235726 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 223 | InvestmentEarningsOrLosses |
| End Of Year Balance | 235949 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 235711 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 15 | InvestmentEarningsOrLosses |
| End Of Year Balance | 235726 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3615498 | OtherCostOrOtherBasis |
| Book Value | 3615498 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 137456742 | OtherCostOrOtherBasis |
| Depreciation | 53793139 | Depreciation |
| Book Value | 83663603 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14691588 | OtherCostOrOtherBasis |
| Depreciation | 10939611 | Depreciation |
| Book Value | 3751977 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 340183 | OtherCostOrOtherBasis |
| Book Value | 340183 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 91371261 | TotalOfBookValueLandBuildings |
| Total Revenue | 30292854 | TotalRevenue |
| Total Expenses | 34958878 | TotalExpenses |
| Excess Or Deficit For Year | -4666024 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -4666024 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 27467659 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -3032388 | OtherRevenues |
| Revenue Not Rptd F990 | -3032388 | RevenueNotRptdF990 |
| Revenue Subtotal | 30500047 | RevenueSubtotal |
| Other Revenues Not Included | -207193 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -207193 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 30292854 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 32133683 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 207193 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 207193 | ExpensesNotRptdF990 |
| Expenses Subtotal | 31926490 | ExpensesSubtotal |
| Other Expenses Not Included | 3032388 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3032388 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 34958878 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| COLLECTIONS AND RELATION TO EXEMPT PURPOSE | SCHEDULE D, PAGE 2, PART III, LINE 4 | THE ARTWORK MAINTAINED BY THE ROSS INSTITUTE IS UTILIZED FOR EDUCATIONAL PURPOSES AND IS INTEGRATED INTO THE CURRICULUM. |
| INTENDED USES FOR ENDOWMENT FUNDS | SCHEDULE D, PAGE 2, PART V, LINE 4 | EACH FISCAL YEAR, THE INSTITUTE IS AUTHORIZED TO EXPEND FROM THE SCHOLARSHIP FUND (ENDOWMENT) AN AMOUNT EQUAL TO FOUR AND ONE-HALF PERCENT OF THE PRINCIPAL OF THE ENDOWMENT AS OF THE FIRST BUSINESS DAY OF SUCH YEAR, OR SUCH OTHER AMOUNT AS SHALL BE MUTUALLY AGREED UPON BY THE DONOR OR THE DONOR'S DESIGNATED REPRESENTATIVES AND THE ROSS SCHOOL. THE ENDOWMENT PAYOUT SHALL BE PAID FIRST FROM THE INCOME OF THE ENDOWMENT AND, IF AND TO THE EXTENT THAT SUCH INCOME IS INSUFFICIENT, FROM THE PRINCIPAL OF THE ENDOWMENT. IF THE INCOME OF THE ENDOWMENT IN ANY FISCAL YEAR EXCEEDS THE AUTHORIZED PAYOUT AMOUNT FOR SUCH YEAR, THE EXCESS WILL BE ADDED TO PRINCIPAL AT THE END OF SUCH FISCAL YEAR. THE ENDOWMENT PAYOUT FOR EACH FISCAL YEAR SHALL BE USED TO AWARD SCHOLARSHIPS TO HELP SUPPORT THE TUITION FOR ONE OR MORE STUDENTS AT THE INSTITUTE ENTERING THE NINTH GRADE WHO HAVE EXHIBITED A DEEP INTEREST IN OR ENJOYMENT OF THE ARTS AND/OR SCIENCES, ESPECIALLY THE ENVIRONMENTAL SCIENCES, AND WHO ARE ELIGIBLE ON A NEEDS BASIS FOR FINANCIAL AID AT THE INSTITUTE. |
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE INSTITUTE AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE INSTITUTE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE INSTITUTE, AND HAS CONCLUDED THAT, AS OF JUNE 30, 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| RECONCILIATION OF CHANGES - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 8 | FINANCIAL AID -3,032,388 RENTAL EXPENSE 207,193 RENTAL EXPENSE -207,193 FINANCIAL AID 3,032,388 BOOK / TAX DEPRECIATION DIFFERENCE 25,721 |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | FINANCIAL AID -3,032,388 |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | RENTAL EXPENSE -207,193 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 2D | RENTAL EXPENSE 207,193 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 4B | FINANCIAL AID 3,032,388 BOOK / TAX DEPRECIATION DIFFERENCE 25,721 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE E | ReturnReference |
| Explanation | ROSS INSTITUTE FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IN ITS PROGRAMS THE INSTITUTES PROMOTIONAL ACTIVITIES FOR ITS PROGRAMS ARE DESIGNED TO INFORM ALL RACIAL SEGMENTS IN THE GENERAL COMMUNITIES WITHIN THE AREA OF THE AVAILABILITY OF THE INSTITUTE A CLAUSE IS INCLUDED IN THE ADMISSIONS CATALOG AND ON ITS WEBSITE THE INSTITUTE ALSO PLACED MEDIA ADVERTISEMENTS IN MARCH 2012 THAT INCLUDED THE NONDISCRIMINATION POLICY | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CLUB STARLIGHT | NameOfEvent1 |
| Gross Receipts Event1 | 916458 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 884958 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 31500 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 22270 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 33305 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 59500 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 42985 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF OUTING | NameOfEvent2 |
| Gross Receipts Event2 | 55836 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 38586 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 17250 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 12075 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 6210 | FoodAndBeverageEvent2 |
| Gross Receipts Total | 972294 | GrossReceiptsTotal |
| Charitable Contributions Total | 923544 | CharitableContributionsTotal |
| Gross Revenue Total Events | 48750 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 34345 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 39515 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 59500 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 42985 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 176345 | DirectExpenseSummaryEvents |
| Net Income Summary | -127595 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSS GLOBAL ACADEMY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 52 CHAMBERS STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10007 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 204462539 | EINOfRecipient |
| IRC Section | 3 | IRCSection |
| Amount Of Non Cash Assistance | 54288 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | IN-KIND SERVICE | DescriptionOfNonCashAssistance |
| Purpose Of Grant | CLOSING DOWN | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 233 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 3032388 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | SCHOLARSHIPS | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | ROSS INSTITUTE REVIEWS ALL EXPENDITURES FOR WHICH ITS GRANTS AND SCHOLARSHIPS ARE INTENDED TO PAY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg |
|---|---|---|---|---|
| JENNIFER CHIDSEY | ||||
| 211160 | 10000 | 1171 | 222331 | |
| MICHELE CLAEYS | ||||
| 171060 | 8553 | 86366 | 280155 | 14176 |
| DIANA ACETI | ||||
| 138876 | 6518 | 5475 | 150869 | |
| WILLIAM O'HEARN | ||||
| 121016 | 6138 | 26668 | 153822 | |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE J, PART III | ReturnReference |
| Explanation | WILLIAM O'HEARN'S (HEAD OF MIDDLE SCHOOL) WIFE IS ALSO AN EMPLOYEE OF THE SCHOOL AND WAS PROVIDED NON-TAXABLE HOUSING IN HER CAPACITY AS A HOUSE PARENT FOR BOARDING STUDENTS. MICHELE CLAEYS (HEAD OF SCHOOL) AND WILLIAM O'HEARN (HEAD OF MIDDLE SCHOOL) WERE PROVIDED FACULTY TUITION REMISSION VALUED AT 55,800 AND 25,920 RESPECTIVELY. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable (3 entries)
| Purpose Of LoanPurposeOfLoan | Loan To OrganizationLoanToOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| COURTNEY S ROSS | ||||||
| OPERATING LINE OF CREDIT | X | $18,206,070 | 18206070 | false | true | true |
| COURTNEY S ROSS | ||||||
| PAYABLE TO PRESIDENT | X | $243,764 | 243764 | false | false | false |
| COURTNEY S ROSS CODYNIC | ||||||
| PAYABLE TO CORP OWNED BY PRESIDENT | X | $138,998 | 138998 | false | false | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 18588832 | TotalBalanceDue |
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Grant | 55800 | AmountOfGrant |
| Type Of Assistance | TUITION REMIS. | TypeOfAssistance |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2500000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | AUCTION ITEMS | Description |
| Number Of Contributions | 95 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 100959 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST OR SELLING PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | SCHEDULE M, PAGE 2, PART II | ReturnReference |
| Explanation | THE ROSS INSTITUTE IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN B OF SCHEDULE M, PART I. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ALL OTHER ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | DEVELOPMENT AND UTILIZATION OF TECHNOLOGY FOR EDUCATION IN AN EDUCATIONAL ENVIRONMENT. |
| RELATED PARTY INFORMATION AMONG OFFICERS | FORM 990, PAGE 6, PART VI, LINE 2 | COURTNEY SALE ROSS NICOLE ROSS PRESIDENT TRUSTEE FAMILY RELATIONSHIP |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | A PRELIMINARY DRAFT OF THE ORGANIZATION'S FORM 990, INCLUDING ALL REQUIRED SCHEDULES WERE PROVIDED TO MANAGEMENT. MANAGEMENT REVIEWED THE DRAFT FORM 990, CONSULTED WITH THE ORGANIZATION'S ACCOUNTANTS, TAX RETURN PREPARERS, AND TAX COUNSEL, AND TOOK ALL OTHER MEASURES NECESSARY AND APPROPRIATE TO ENSURE THAT THE FINAL VERSION OF THE FORM 990 IS COMPLETE AND ACCURATE TO THE BEST OF THEIR KNOWLEDGE. THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES THEN REVIEWED AND APPROVED THE FINAL VERSION OF THE FORM 990 IN CONSULTATION WITH MANAGEMENT, THE ORGANIZATION'S ACCOUNTANTS, TAX RETURN PREPARERS AND TAX COUNSEL PRIOR TO FILING. A COPY OF THE FINAL VERSION OF THE FORM 990, INCLUDING ALL REQUIRED SCHEDULES, WAS PROVIDED TO EACH MEMBER OF THE ORGANIZATION'S BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION FOLLOWS PROCEDURES TO DETERMINE THE NAMES OF ANY PERSONS WHO MIGHT HAVE A FINANCIAL INTEREST OR POSSIBLE CONFLICT OF INTEREST IN ANY TRANSACTION THAT IS AUTHORIZED. OTHER THAN RELATED PARTY ITEMS DISCLOSED IN THIS FORM 990, THERE WERE NO CONFLICTS OF INTEREST. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVES THE CHIEF OPERATING OFFICER'S AND HEAD OF SCHOOL'S COMPENSATION BY PERFORMING AN ANALYSIS AND UTILIZING APPROPRIATE DATA AS TO THE COMPARABILITY OF THE COMPENSATION. THE EXECUTIVE COMMITTEE IS REQUIRED TO ADEQUATELY DOCUMENT THE BASIS FOR ITS DETERMINATIONS. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVES THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES BY PERFORMING AN ANALYSIS AND UTILIZING APPROPRIATE DATA AS TO THE COMPARABILITY OF THE COMPENSATION. THE EXECUTIVE COMMITTEE IS REQUIRED TO ADEQUATELY DOCUMENT THE BASIS FOR ITS DETERMINATIONS. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STIFTELSEN ROSS INSTITUTE SWEDEN | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O THE ROSS INSTITUTE 560 BROADWAY | AddressLine1 |
| Address Line2 | STE 301 | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10012 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | EDUCATION | PrimaryActivities |
| Legal Domicile Foreign Country | SW | LegalDomicileForeignCountry |
| Exempt Code Section | N/A | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE R | ReturnReference |
| Explanation | SCHEDULE R PART II RELATED TAXEXEMPT ORGANIZATIONS THE ROSS INSTITUTES RELATIONSHIP TO STIFTELSEN ROSS INSTITUTE SWEDEN ARISES FROM THE ABILITY OF THE ROSS INSTITUTE TO APPOINT AND REMOVE ALL BOARD MEMBERS OF STIFTELSEN ROSS INSTITUTE SWEDEN | Explanation |
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