MARYLAND INSTITUTE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MARYLAND INSTITUTE (EIN 52-0591661)
- Tax period
- 2010-06-01 to 2011-05-31
- Filed
- 2012-04-13
- IRS object ID
- 201231049349300443
- Schema version
- 2010v3.7
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-13T17:57:02-04:00 | Timestamp |
| Tax Period End Date | 2011-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1676 International Drive | AddressLine1 |
| City | McLean | City |
| State | VA | State |
| ZIP Code | 22102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520591661 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Maryland Institute College of Art Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MARY | NameControl |
| Phone | 4102252352 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 Mount Royal Avenue | AddressLine1 |
| City | Baltimore | City |
| State | MD | State |
| ZIP Code | 21217 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS R MANN | Name |
| Title | VP AND CFO | Title |
| Date Signed | 2012-04-13 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7032868000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | FRED LAZARUS IV | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 Mount Royal Avenue | AddressLine1 |
| City | Baltimore | City |
| State | MD | State |
| ZIP Code | 21217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 181915279 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MICA.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1826 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | DEGREE GRANTING COLLEGE - MARYLAND INSTITUTE COLLEGE OF ART IS A PRIVATE COLLEGE DEDICATED TO THE EDUCATION OF PROFESSIONAL ARTISTS AND THE FURTHER ADVANCEMENT OF ART IN THE COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 33 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2024 | TotalNbrEmployees |
| Total Nbr Volunteers | 38 | TotalNbrVolunteers |
| Total Gross UBI | 47418 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7450500 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 17265657 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 74796365 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 81584195 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 633630 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2200955 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 351628 | OtherRevenuePriorYear |
| Other Revenue Current Year | 384602 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 83232123 | TotalRevenuePriorYear |
| Total Revenue Current Year | 101435409 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 21163091 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 23064553 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 34439534 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 37217954 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2239517 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 25413693 | OtherExpensePriorYear |
| Other Expenses Current Year | 27686502 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 81016318 | TotalExpensesPriorYear |
| Total Expenses Current Year | 87969009 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2215805 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 13466400 | RevenuesLessExpensesCY |
| Total Assets BOY | 213876597 | TotalAssetsBOY |
| Total Assets EOY | 235703053 | TotalAssetsEOY |
| Total Liabilities BOY | 96481936 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 96380581 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 117394661 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 139322472 | NetAssetsOrFundBalancesEOY |
| Mission Description | DEGREE GRANTING COLLEGE - MARYLAND INSTITUTE COLLEGE OF ART IS A PRIVATE COLLEGE DEDICATED TO THE EDUCATION OF PROFESSIONAL ARTISTS AND THE FURTHER ADVANCEMENT OF ART IN THE COMMUNITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 48749246 | Expense |
| Grants | 23064553 | Grants |
| Revenue | 81584195 | Revenue |
| Description | Accredited college with programs in fine arts, applied arts, and art education; approximately 1,975 students, grants are disbursements for students' financial aid and for faculty development grants. | Description |
| Total Program Service Expense | 48749246 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| 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 | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | 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 | true | 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 | 236 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 2024 | 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 | false | QuidProQuoContributions |
| 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 | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 33 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | 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 | true | 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 |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DOUGLAS MANN | NamePerson |
| Telephone Number | 4102252352 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 MOUNT ROYAL AVENUE | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (48 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| MR STEPHEN BOESEL | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS M GWEN DAVIDSON | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS ROSALEE C DAVISON | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR MATHIAS J DEVITO | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR RONALD E FIDLER | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS ANN M GARFINKLE | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS ALICE FALVEY GREIF | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS FREDYE W GROSS | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR DAVID HAYDEN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS BARBARA L HIMMELRICH | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS WENDY JACHMAN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR DAVID JACOBS | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR THOMAS JASEK | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR ROSS JONES | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR NEIL A MEYERHOFF | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR JIM MILLER | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR CHARLES NEARBURG | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS ANNE S PERKINS | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR ROGER POWELL | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS SHEILA K RIGGS | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS NANCY SASSER | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR WILLIAM O STEINMETZ | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR TYRONE TABORN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MS SALLIE FRAENKEL ZUCH | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR JAMES BLUE | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| DR JUDITH BURTON | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR KEVIN DONOVAN | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR KIBEBE GIZAW | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR JOHN MORIKIS | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR MICHAEL BEATTY | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR JEFFREY G BUNTING | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR BRIAN MARTEL | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| MR MICHEL L MODELL | |||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||||
| FRED LAZARUS IV | |||||||||
| PRESIDENT | 40.0 | 313675 | 0 | 167631 | X | ||||
| RAYMOND V ALLEN | |||||||||
| VP ACADEMIC AFFAIRS & PROVOST | 40.0 | 235156 | 0 | 30877 | X | ||||
| J DAVIDSON PORTER | |||||||||
| VP STUDENT AFFAIRS | 40.0 | 135460 | 0 | 18675 | X | ||||
| THERESA LYNCH BEDOYA | |||||||||
| VP ADMIN AND FINANCIAL AID | 40.0 | 171118 | 0 | 22342 | X | ||||
| MICHAEL MOLLA | |||||||||
| VP OPERATIONS | 40.0 | 155267 | 0 | 9416 | X | ||||
| DOUGLAS R MANN | |||||||||
| VP FINANCE | 40.0 | 198929 | 0 | 26885 | X | ||||
| THOMAS G HYATT | |||||||||
| VP TECHNOLOGY SYSTEMS | 40.0 | 143872 | 0 | 24765 | X | ||||
| MICHAEL FRANCO | |||||||||
| VP DEVELOPMENT | 40.0 | 169495 | 0 | 25502 | X | ||||
| GUNALAN NADARAJAN | |||||||||
| V PROVOST RES & GRAD STUDIES | 40.0 | 163723 | 0 | 17845 | X | ||||
| JAN STINCHCOMB | |||||||||
| VICE PROVOST-UNDERGRADUATE | 40.0 | 129586 | 0 | 19884 | X | ||||
| KAREN CARROLL | |||||||||
| DEAN OF ART EDUCATION | 40.0 | 114361 | 0 | 15649 | X | ||||
| TIMOTHY APP | |||||||||
| FACULTY | 40.0 | 119926 | 0 | 16421 | X | ||||
| CYNTHIA BARTH | |||||||||
| DEAN ACADEMIC SERVICES | 40.0 | 122402 | 0 | 17792 | X | ||||
| FRANCES BARTH | |||||||||
| FACULTY | 40.0 | 108550 | 0 | 19995 | X | ||||
| DOUGLAS L FROST | |||||||||
| VP EMERITUS & SPECIAL COUNSEL | 40.0 | 105012 | 0 | 20934 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2386532 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 454613 | TotalOtherCompensation |
| Number Individuals GT100 K | 25 | NumberIndividualsGT100K |
| Formers Listed | true | 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 |
|---|---|---|---|---|---|
| CAREFIRST | |||||
| 10455 MILL RUN CIRCLE | OWINGS MILLS | MD | 211175559 | INSURANCE PROVIDER | 2824582 |
| PARKHURST DINING SERVICES | |||||
| PO BOX 644091 | PITTSBURGH | PA | 15264 | FOOD SERVICES | 2563511 |
| TURNER CONSTRUCTION COMPANY | |||||
| 1835 MARKET STREET | PHILADELPHIA | PA | 19103 | CONSTRUCTION | 1627176 |
| CHO BENN HOLBACK ASSOCIATES | |||||
| 100 N CHARLES ST 14F | BALTIMORE | MD | 21201 | ARCHITECTURAL SRVS | 898892 |
| SCHMITZ PRESS INC | |||||
| 37 LOVETON CIRCLE | SPARKS | MD | 21152 | PRINTING SERVICES | 385434 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 28 | NumberOfContractorsGT100K |
| Government Grants | 2802195 | GovernmentGrants |
| All Other Contributions | 14463462 | AllOtherContributions |
| Total Contributions | 17265657 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & FEES | 611600 | 70577434 | 70577434 | |
| DORMITORIES | 611710 | 6216311 | 6216311 | |
| BOOKSTORE | 611710 | 1725036 | 1725036 | |
| AUXILIARY ENT. | 611710 | 3065414 | 3017996 | 47418 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 81584195 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 790171 | TotalRevenueColumn |
| Exclusion | $790,171 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 88116 | TotalRevenueColumn |
| Exclusion | $88,116 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 184407 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 143975 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 40432 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40432 | TotalRevenueColumn |
| Exclusion | $40,432 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 81658563 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 80335895 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1322668 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1322668 | TotalRevenueColumn |
| Exclusion | $1,322,668 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| DEPOSIT FORFEITURE | 900099 | 9900 | $9,900 | |
| TICKET AND EVENT INCOME | 900099 | 67383 | $67,383 | |
| DIGITAL PRINTING | 900099 | 167726 | 167726 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 99161 | TotalRevenueColumn |
| Exclusion | $99,161 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 344170 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 101435409 | TotalRevenueColumn |
| Related Or Exempt Function Income | 81704503 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 47418 | UnrelatedBusinessRevenue |
| Exclusion | $2,417,831 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22202955 | Total |
| Program Services | 22202955 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 861598 | Total |
| Program Services | 861598 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1522971 | Total |
| Program Services | 370615 | ProgramServices |
| Management And General | 982861 | ManagementAndGeneral |
| Fundraising | 169495 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263170 | Total |
| Program Services | 138068 | ProgramServices |
| Fundraising | 125102 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28638403 | Total |
| Program Services | 13970522 | ProgramServices |
| Management And General | 13427205 | ManagementAndGeneral |
| Fundraising | 1240676 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1653580 | Total |
| Program Services | 786948 | ProgramServices |
| Management And General | 783190 | ManagementAndGeneral |
| Fundraising | 83442 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2990609 | Total |
| Program Services | 1423247 | ProgramServices |
| Management And General | 1416451 | ManagementAndGeneral |
| Fundraising | 150911 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2149221 | Total |
| Program Services | 1022826 | ProgramServices |
| Management And General | 1017942 | ManagementAndGeneral |
| Fundraising | 108453 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215123 | Total |
| Management And General | 211873 | ManagementAndGeneral |
| Fundraising | 3250 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136065 | Total |
| Management And General | 136065 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202605 | Total |
| Management And General | 202605 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 893645 | Total |
| Program Services | 286679 | ProgramServices |
| Management And General | 556638 | ManagementAndGeneral |
| Fundraising | 50328 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2360454 | Total |
| Program Services | 1742707 | ProgramServices |
| Management And General | 560519 | ManagementAndGeneral |
| Fundraising | 57228 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2835698 | Total |
| Program Services | 140459 | ProgramServices |
| Management And General | 2608435 | ManagementAndGeneral |
| Fundraising | 86804 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 863409 | Total |
| Management And General | 859025 | ManagementAndGeneral |
| Fundraising | 4384 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14743 | Total |
| Fundraising | 14743 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4348544 | Total |
| Program Services | 1614343 | ProgramServices |
| Management And General | 2708654 | ManagementAndGeneral |
| Fundraising | 25547 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 995374 | Total |
| Program Services | 491531 | ProgramServices |
| Management And General | 455157 | ManagementAndGeneral |
| Fundraising | 48686 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 693499 | Total |
| Management And General | 628165 | ManagementAndGeneral |
| Fundraising | 65334 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4203931 | Total |
| Management And General | 4203931 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5103226 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 5103226 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 870546 | Total |
| Management And General | 870546 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| OTHER/AUXILIARY | 2734122 | 2734122 | ||
| TUITION & FEES | 601182 | 601182 | ||
| STUDENT SERVICES | 341025 | 340437 | 588 | |
| MEMBERSHIP | 142796 | 1721 | 141075 | |
| BAD DEBT | 78098 | 78098 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52417 | Total |
| Program Services | 21007 | ProgramServices |
| Management And General | 28585 | ManagementAndGeneral |
| Fundraising | 2825 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87969009 | Total |
| Program Services | 48749246 | ProgramServices |
| Management And General | 36980246 | ManagementAndGeneral |
| Fundraising | 2239517 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3961418 | BOY |
| EOY | 3843418 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3877820 | BOY |
| EOY | 11282752 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3420191 | BOY |
| EOY | 3649296 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 399326 | BOY |
| EOY | 344175 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2897429 | BOY |
| EOY | 2025265 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 162805158 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 46582438 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114414765 | BOY |
| EOY | 116222720 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60273050 | BOY |
| EOY | 72359358 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13243762 | BOY |
| EOY | 14265938 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11388836 | BOY |
| EOY | 11710131 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 213876597 | BOY |
| EOY | 235703053 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7918605 | BOY |
| EOY | 8386545 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3392729 | BOY |
| EOY | 3614474 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82755400 | BOY |
| EOY | 81942872 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2415202 | BOY |
| EOY | 2436690 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96481936 | BOY |
| EOY | 96380581 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72685770 | BOY |
| EOY | 80744809 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11908594 | BOY |
| EOY | 14960358 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32800297 | BOY |
| EOY | 43617305 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117394661 | BOY |
| EOY | 139322472 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 213876597 | BOY |
| EOY | 235703053 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 13466400 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 8461411 | ReconcilationOtherChanges |
| 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 | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $150 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 150 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE C, PART II-B, LINE 1G, COLUMN (B) | Identifier |
| Explanation | THE AMOUNT REPORTED ON LINE 1G IS AN ESTIMATED AMOUNT. THE TOTAL AMOUNT IS DE MINIMIS. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 283995 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 788730 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 56503241 | BeginningOfYearBalance |
| Contributions | 4262251 | Contributions |
| Investment Earnings Or Losses | 9924501 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 732020 | GrantsOrScholarships |
| Other Expenditures | 2103902 | OtherExpenditures |
| Administrative Expenses | 126605 | AdministrativeExpenses |
| End Of Year Balance | 67727466 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50623498 | BeginningOfYearBalance |
| Contributions | 1025011 | Contributions |
| Investment Earnings Or Losses | 7656218 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 659996 | GrantsOrScholarships |
| Other Expenditures | 2029913 | OtherExpenditures |
| Administrative Expenses | 111577 | AdministrativeExpenses |
| End Of Year Balance | 56503241 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 62054802 | BeginningOfYearBalance |
| Contributions | 6244761 | Contributions |
| Investment Earnings Or Losses | -15693825 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 484546 | GrantsOrScholarships |
| Other Expenditures | 1379092 | OtherExpenditures |
| Administrative Expenses | 118602 | AdministrativeExpenses |
| End Of Year Balance | 50623498 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.40000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.60000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2867541 | OtherCostOrOtherBasis |
| Book Value | 2867541 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 137000747 | OtherCostOrOtherBasis |
| Depreciation | 30414786 | Depreciation |
| Book Value | 106585961 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2310036 | OtherCostOrOtherBasis |
| Depreciation | 129438 | Depreciation |
| Book Value | 2180598 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19810904 | OtherCostOrOtherBasis |
| Depreciation | 15559767 | Depreciation |
| Book Value | 4251137 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 815930 | OtherCostOrOtherBasis |
| Depreciation | 478447 | Depreciation |
| Book Value | 337483 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 116222720 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PARTNERSHIP INTERESTS | Description |
| Book Value | 14265938 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 14265938 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE ADVANCES FROM US GO | $2,181,270 |
| LIABILITY TRUST AGREEMENTS | $255,420 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2436690 | TotalOfAmounts |
| Total Revenue | 101435409 | TotalRevenue |
| Total Expenses | 87969009 | TotalExpenses |
| Excess Or Deficit For Year | 13466400 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 8461411 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 8461411 | TotalAdjustments |
| Excess Or Deficit Per FS | 21927811 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 87129287 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 8461411 | NetUnrealizedGainsInvestments |
| Other Revenues | 254747 | OtherRevenues |
| Revenue Not Rptd F990 | 8716158 | RevenueNotRptdF990 |
| Revenue Subtotal | 78413129 | RevenueSubtotal |
| Other Revenues Not Included | 23022280 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 23022280 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 101435409 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 65201476 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 254747 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 254747 | ExpensesNotRptdF990 |
| Expenses Subtotal | 64946729 | ExpensesSubtotal |
| Other Expenses Not Included | 23022280 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 23022280 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 87969009 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| SCHEDULE D, PART XII 4b | CONSISTS OF FINANCIAL AID OF $23,022,280. | |
| SCHEDULE D, PART XIII 2d | CONSISTS OF ANNUITY BENEFITS PAID $110,773 AND RENTAL EXPENSE OF $143,975. | |
| SCHEDULE D, PART XIII, LINE 4b | CONSISTS OF FINANCIAL AID OF $23,022,280. | |
| SCHEDULE D, PART XII 2d | CONSISTS OF ANNUITY BENEFITS PAID $110,773 AND RENTAL EXPENSES OF $143,975. | |
| SCHEDULE D, PART III, LINE 4 | PAINTINGS FURTHER THE ADVANCEMENT OF ART IN THE COLLEGE COMMUNITY. | DESCRIPTION OF COLLECTION |
| SCHEDULE D, PART X, LINE 2 | As an educational institution meeting the requirement of Section 501(c)(3) of the Internal Revenue Code, the College is exempt from income taxes on income related to its exempt purpose as provided in Section 501(a) except to the extent it has taxable income from activities that are not related to its exempt purpose. The College accounts for uncertain tax positions, if any, in accordance with ASC 740, Income Taxes (FASB Interpretation No.48, Accounting for Uncertainty in Income Taxes). No provision for income taxes was required for 2011 or 2010. | |
| SCHEDULE D, PART V, LINE 4 | SUPPORTS SCHOLARSHIPS, GRANTS, SPECIALIZED PROGRAMS, FACILITIES, AND GENERAL OPERATIONS OF THE COLLEGE. | INTENDED USES OF ENDOWMENT FUND |
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 | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE E, LINE 3 | THE FOLLOWING STATEMENTS APPEAR IN THE COLLEGE'S CATALOG: NOTICE OF NONDISCRIMINATION IN EDUCATION AND EMPLOYMENT THE MARYLAND INSTITUTE COLLEGE OF ART DOES NOT DISCRIMINATE AGAINST ANY INDIVIDUAL FOR REASONS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, AGE, SEX, OR HANDICAP IN ANY RELATIONSHIP WITH THE INSTITUTION OR IN ANY OF ITS PROGRAMS OR OFFERINGS, HIRING OF FACULTY AND STAFF, OR ANY TERMS AND CONDITIONS OF EMPLOYMENT. INQUIRIES CONCERNING THE APPLICATION OF THESE REGULATIONS MAY BE REFERRED TO THE AFFIRMATIVE ACTION OFFICER. THE COLLEGE RESERVES THE RIGHT IN ITS DISCRETION TO MAKE FROM TIME TO TIME CHANGES AFFECTING POLICIES, FEES, CURRICULA, OR OTHER MATTERS ANNOUNCED IN THIS CATALOG. THE STATEMENTS IN THIS CATALOG DO NOT CONSTITUTE A CONTRACT. STATEMENT OF EQUAL OPPORTUNITY AND SERVICES TO THE DISABLED IN COMPLIANCE WITH FEDERAL, STATE AND LOCAL LAWS AND REGULATIONS, THE MARYLAND INSTITUTE COLLEGE OF ART DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, SEX, SEXUAL ORIENTATION, MARITAL STATUS, AGE, DISABILITY, AND APPLICABLE VETERAN STATUS, IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAMS ACTIVITIES, OR WITH RESPECT TO EMPLOYMENT. IT IS POLICY OF THE MARYLAND INSTITUTE TO PROVIDE THOSE AUXILIARY AIDS AND SERVICES THAT MAY BE NECESSARY TO ENSURE THAT NO INDIVIDUAL WITH A DISABILITY IS EXCLUDED, DENIED SERVICES, SEGREGATED, OR OTHERWISE TREATED DIFFERENTLY THAN OTHER INDIVIDUALS. THESE SERVICES CAN BE ARRANGED THROUGH THE DEAN OF STUDENTS. THESE POLICIES APPLY TO PRESENT AND PROSPECTIVE STUDENTS AND EMPLOYEES. PRESENT OR PROSPECTIVE STUDENTS DESIRING FURTHER INFORMATION SHOULD CONTACT THE OFFICE OF THE DEAN OF THE PROGRAM IN WHICH THEY ARE INTERESTED: UNDERGRADUATE: 410-225-2222 GRADUATE: 410-225-2255 CONTINUING STUDIES: 410-225-2219 PRESENT OR PROSPECTIVE EMPLOYEES SHOULD CONTACT THE DIRECTOR OF ADMINISTRATIVE SERVICES: 410-225-2406 |
| SCHEDULE E, LINE 6A | FUNDS PROVIDED BY THE U.S. GOVERNMENT UNDER THE FEDERAL PERKINS LOAN PROGRAM ARE LOANED TO QUALIFIED STUDENTS. FEDERAL STUDENT FINANCIAL AID PROGRAMS (INCLUDING PERKINS OR GUARANTEED LOAN PROGRAMS, GRANT AND WORK-STUDY PROGRAMS) FUNDED APPROXIMATELY 29% OF TUITION AND ROOM AND BOARD REVENUES IN 2010. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (12 entries)
| RegionRegion | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| Central America and the Caribbean | 3 | Program Services | STUDY ABROAD | 12125 |
| East Asia and the pacific | 3 | Program Services | STUDY ABROAD | 16143 |
| Europe (Including Iceland and Greenland) | 14 | Program Services | STUDY ABROAD | 239661 |
| Central America and the Caribbean | Grantmaking | 18350 | ||
| East Asia and the pacific | Grantmaking | 491100 | ||
| Europe (Including Iceland and Greenland) | Grantmaking | 101274 | ||
| Middle East and North Africa | Grantmaking | 12400 | ||
| North America | Grantmaking | 144024 | ||
| Russia and the Newly Independent States | Grantmaking | 17400 | ||
| South America | Grantmaking | 51050 | ||
| South Asia | Grantmaking | 26000 | ||
| Central America and the Caribbean | Investments | 7384515 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Employees | 20 | SubtotalNumberOfEmployees |
| Total Number Of Employees | 20 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 8514042 | SubtotalAmountSpent |
| Total Amount Spent | 8514042 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (8 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|
| EDUCATIONAL | East Asia and the pacifi | 59 | 491100 | TUITION DISC | FMV |
| EDUCATIONAL | Europe/Iceland/Greenland | 13 | 101274 | TUITION DISC | FMV |
| EDUCATIONAL | Cent. America/Caribbean | 2 | 18350 | TUITION DISC | FMV |
| EDUCATIONAL | North America | 15 | 144024 | TUITION DISC | FMV |
| EDUCATIONAL | Russia | 2 | 17400 | TUITION DISC | FMV |
| EDUCATIONAL | South America | 4 | 51050 | TUITION DISC | FMV |
| EDUCATIONAL | South Asia | 3 | 26000 | TUITION DISC | FMV |
| EDUCATIONAL | Middle East/North Africa | 1 | 12400 | TUITION DISC | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule F, Part I, Line 2 | Identifier |
| Explanation | FOR FINANCIAL AID GRANTS/SCHOLARSHIPS, THE COLLEGE AWARDS THESE TO STUDENTS EACH SEMESTER BASED ON SEVERAL FACTORS. THE AWARDS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT BALANCE FOR TUITION. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (12 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| COMPETITIVE SCHOLARSHIPS | 1522 | 15814267 |
| GRADUATE SCHOLARSHIP | 216 | 1707876 |
| RESTRICTED SCHOLARSHIPS & AWARDS | 503 | 1184817 |
| UNDERGRADUATE GRANTS | 840 | 2477326 |
| FEDERAL COLLEGE WORK STUDY | 347 | 315135 |
| SUPPLEMENTAL EDUC. OPPORTUNITY GRANT | 254 | 235500 |
| MICA WORK STUDY | 209 | 153291 |
| CONTINUING STUDIES SCHOLARSHIPS | 133 | 56450 |
| DEPARTMENTAL SCHOLARSHIPS | 138 | 114750 |
| LUCAS SCHOLARSHIP | 28 | 100450 |
| FACULTY DEVELOPMENT GRANTS | 42 | 42273 |
| OTHER TUITION ASSISTANCE | 6 | 820 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE I, PART I, LINE 2 | Identifier |
| Explanation | FOR FINANCIAL AID GRANTS/SCHOLARSHIPS, THE COLLEGE AWARDS THESE TO STUDENTS EACH SEMESTER BASED ON SEVERAL FACTORS. THE AWARDS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT BALANCE FOR TUITION. FOR FACULTY DEVELOPMENT GRANTS, THE COLLEGE COLLECTS A DETAILED ACCOUNTING OF ALL GRANT RELATED EXPENDITURES ALONG WITH ALL CORRESPONDING RECEIPTS. ALL EXPENDITURES ARE REVIEWED TO ENSURE THAT THEY ARE RELATED TO THE GRANT AND THERE IS PROPER DOCUMENTATION. THE GRANT RECIPIENT ALSO SUBMITS A REPORT TO ACADEMIC AFFAIRS SUMMARIZING THEIR EXPERIENCE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | 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 (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOUGLAS L FROST | |||||||||||||
| 105012 | 0 | 0 | 0 | 0 | 0 | 12288 | 0 | 8646 | 0 | 125946 | 0 | 0 | 0 |
| FRED LAZARUS IV | |||||||||||||
| 313675 | 0 | 0 | 0 | 0 | 0 | 155644 | 0 | 11987 | 0 | 481306 | 0 | 0 | 0 |
| RAYMOND V ALLEN | |||||||||||||
| 235156 | 0 | 0 | 0 | 0 | 0 | 21650 | 0 | 9227 | 0 | 266033 | 0 | 0 | 0 |
| J DAVIDSON PORTER | |||||||||||||
| 135460 | 0 | 0 | 0 | 0 | 0 | 12279 | 0 | 6396 | 0 | 154135 | 0 | 0 | 0 |
| THERESA LYNCH BEDOYA | |||||||||||||
| 171118 | 0 | 0 | 0 | 0 | 0 | 15081 | 0 | 7261 | 0 | 193460 | 0 | 0 | 0 |
| MICHAEL MOLLA | |||||||||||||
| 155267 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9416 | 0 | 164683 | 0 | 0 | 0 |
| DOUGLAS R MANN | |||||||||||||
| 198929 | 0 | 0 | 0 | 0 | 0 | 17969 | 0 | 8916 | 0 | 225814 | 0 | 0 | 0 |
| THOMAS G HYATT | |||||||||||||
| 143872 | 0 | 0 | 0 | 0 | 0 | 13465 | 0 | 11300 | 0 | 168637 | 0 | 0 | 0 |
| MICHAEL FRANCO | |||||||||||||
| 169495 | 0 | 0 | 0 | 0 | 0 | 15846 | 0 | 9656 | 0 | 194997 | 0 | 0 | 0 |
| GUNALAN NADARAJAN | |||||||||||||
| 163723 | 0 | 0 | 0 | 0 | 0 | 10880 | 0 | 6965 | 0 | 181568 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCH J, Part 1, Line 4B | Identifier |
| Explanation | Fred Lazarus was the only participant. He did receive a payment from the plan during the year in the amount of $564,234 which is treated as taxable compensation on his 2011 Form W-2. | Explanation |
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 |
|---|---|---|---|---|---|---|---|
| MHHEFA | |||||||
| 520936091 | 574217VQ5 | 2006-01-05 | 30504380 | MHHEFA BONDS 2006 | false | false | false |
| MHHEFA | |||||||
| 520936091 | 574217G25 | 2007-06-27 | 38527968 | MHHEFA BONDS 2007 | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 30504380 | 4922160 | 0 | 0 | 412533 | 0 | 0 | 25169687 | 0 | 0 | 2008 | false | false | true | true |
| 0 | 0 | 38527968 | 2251426 | 0 | 25557418 | 484015 | 0 | 0 | 7732558 | 0 | 0 | 2008 | false | true | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| false | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|
| false | false | false | false | false | false | false | false |
| false | false | false | false | false | false | false | false |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE K, PART 1, LINE B, COLUMN F | PURPOSE OF 2007 BOND ISSUE REFUNDING OF 12/01/2001 BOND ISSUE, REFINANCE OF 2002 POOLED LOAN, AND ADDITIOONAL FUNDS FOR CONSTRUCTION OF RESIDENCE HALL AND FOR RENOVATION OF FACILITIES ON CAMPUS. |
| SCHEDULE K, PART I | REFUNDING OF 12/01/2001 BOND ISSUE, REFINANCE OF 2002 POOLED LOAN, AND ADDITIONAL FUNDS FOR CONSTRUCTION OF RESIDENCE HALL AND FOR RENOVATION OF FACILITIES ON CAMPUS. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | THERESA L BEDOYA | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | VP-ADMISSIONS | Relationship |
| Amount Of Transaction | 136347 | AmountOfTransaction |
| Description Of Transaction | SPOUSES EMPLOYMENT | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | ART SUPPLIES | 15 | 0 | 0 |
| X | EQUIPMENT | 10 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule M, Part I, Line 33 | Identifier |
| Explanation | The college does not record contributions of in-kind property in the accounting records unless it is an item of considerable value. (The College considers this to be anything over $20,000). In the current year, the college determined that no donations of in-kind property were of considerable value. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SEC C, LINE 19 | FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART VI, SECTION B, LINE 11B | An electronic copy of the organization's Form 990 (including all schedules), was provided to each voting member of the organization's governing body prior to its filing with the IRS. The organization's officers and full Board of Trustees performed a high-level review of the prepared form 990 prior to filing it with the IRS. A more in-depth review was performed by the Board Finance Committee, which is comprised of trustees and officers. | |
| FORM 990, PART VI, SECTION B, LINES 15A AND 15B | THE PRESIDENT'S SALARY IS REVIEWED BY A CHAIR APPOINTED PRESIDENTIAL REVIEW COMMITTEE/COMPENSATION COMMITTEE, THEN GOES TO THE BOARD IN EXECUTIVE SESSION. DURING THAT REVIEW, THEY COMPARE THE COLLEGE'S SALARIES WITH OTHER AICAD COLLEGES. IN ADDITION, THERE IS A PERIODIC OUTSIDE REVIEW. THE LAST REVIEW WAS DONE IN FEBRUARY 2007 BY KENNEDY AND RAND CONSULTING. NOTES OF THE DELIBERATION PROCESS ARE TAKEN AND MAINTAINED. OTHER OFFICERS' AND KEY EMPLOYEES' COMPENSATION IS REVIEWED AND APPROVED BY A COMMITTEE OF THE BOARD AND TAKES INTO ACCOUNT THE SALARIES OF COMPARABLE POSITIONS IN OTHER COLLEGES. NOTES OF THE DELIBERATION PROCESS ARE TAKEN AND MAINTAINED. | |
| FORM 990, PART VI, SECTION B, LINES 12A, 12B AND 12C | EACH TRUSTEE AND OFFICER ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON HAS RECEIVED AND CAREFULLY READ THE CONFLICT OF INTEREST POLICY, UNDERSTANDS AND AGREES TO COMPLY WITH THE POLICY, AND FURTHER UNDERSTANDS THAT THE COLLEGE IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. TRUSTEES AND OFFICERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. TRUSTEES OR OFFICERS WHO HAVE DECLARED OR HAVE BEEN FOUND TO HAVE A CONFLICT OF INTEREST SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF ANY PROPOSED TRANSACTION, UNLESS FOR SPECIAL REASONS THE BOARD REQUESTS INFORMATION OR INTERPRETATION FROM THE PERSON OR PERSONS INVOLVED, AND SHALL NOT VOTE, OR BE PRESENT AT THE TIME OF VOTING, ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING WHICH SUCH TRUSTEE HAS A KNOWN CONFLICT OF INTEREST. THE CHAIRMAN OF THE BOARD, WHO, TOGETHER WITH COUNSEL, SHALL BE RESPONSIBLE FOR ADMINISTRATION OF THIS POLICY. | |
| FORM 990, PART XI, LINE 5 | UNREALIZED GAINS ON INVESTMENTS $8,461,411. | OTHER CHANGES IN NET ASSETS |
| FORM 990, PART VI, LINES 6 AND 7A | MICA HAS MEMBERS AND THEY ARE THE SAME AS THE TRUSTEES. ACCORDING TO IRS INSTRUCTIONS, THESE QUESTIONS SHOULD NOT BE ANSWERED YES, IF THE MEMBERS ARE THE SAME AS THE TRUSTEES. THEREFORE, BOTH QUESTIONS 6 AND 7A HAVE BEEN ANSWERED NO. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICA GRADUATE STUDIO CENTER INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 MOUNT ROYAL AVE | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274939807 | EIN |
| Primary Activities | SPECIAL RE | PrimaryActivities |
| Legal Domicile State | MD | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 11A | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICA | BusinessNameLine1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARIOUS SPLIT INTEREST TRUSTS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | ANNUITY | PrimaryActivity |
| Legal Domicile State | MD | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NONE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | Trust | TypeOfEntity |
| Share Of Total Income | 0 | ShareOfTotalIncome |
| Share Of EOY Assets | 0 | ShareOfEOYAssets |
| 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 | true | 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 |
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