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      <NetIncomeFromGaming>
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      <CostOfGoodsSold>231486</CostOfGoodsSold>
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      <GrantsToDomesticOrgs>
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      <GrantsToDomesticIndividuals>
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      <ForeignGrants>
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      <BenefitsToMembers>
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        <ManagementAndGeneral>84508</ManagementAndGeneral>
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      <FeesForServicesManagement>
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      <FeesForServicesLegal>
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        <ManagementAndGeneral>20988</ManagementAndGeneral>
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      <FeesForServicesAccounting>
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        <ManagementAndGeneral>63361</ManagementAndGeneral>
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      <FeesForServicesLobbying>
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      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
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      <FeesForServicesInvstMgmntFees>
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        <ManagementAndGeneral>182985</ManagementAndGeneral>
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        <ProgramServices>364541</ProgramServices>
        <ManagementAndGeneral>44902</ManagementAndGeneral>
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      <Advertising>
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        <ManagementAndGeneral>33314</ManagementAndGeneral>
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      <OfficeExpenses>
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        <ProgramServices>78315</ProgramServices>
        <ManagementAndGeneral>64739</ManagementAndGeneral>
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      <InformationTechnology>
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        <ProgramServices>271405</ProgramServices>
        <ManagementAndGeneral>51285</ManagementAndGeneral>
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      <Royalties>
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      <Occupancy>
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        <ProgramServices>378000</ProgramServices>
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      <Travel>
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        <ProgramServices>23252</ProgramServices>
        <ManagementAndGeneral>37900</ManagementAndGeneral>
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      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>34208</Total>
        <ProgramServices>31643</ProgramServices>
        <ManagementAndGeneral>2565</ManagementAndGeneral>
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      <Interest>
        <Total>0</Total>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
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        <Total>1049275</Total>
        <ProgramServices>871031</ProgramServices>
        <ManagementAndGeneral>178244</ManagementAndGeneral>
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      <Insurance>
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        <ManagementAndGeneral>110331</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>STUDENT HOUSING RENTAL EXP.</Description>
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        <ProgramServices>432341</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>UTILITIES/BUILDING SUPPLIES</Description>
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      <OtherExpenses>
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      <OtherExpenses>
        <Description>LIBRARY BOOKS &amp; SUPPLIES</Description>
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        <ProgramServices>101871</ProgramServices>
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      <OtherExpenses>
        <Description>EQUIPMENT LEASES</Description>
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        <ProgramServices>92068</ProgramServices>
        <ManagementAndGeneral>17736</ManagementAndGeneral>
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      <AllOtherExpenses>
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      <AuditCommittee>true</AuditCommittee>
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        <Explanation>THE PERMANENTLY AND TEMPORARILY RESTRICTED FUNDS ARE RESTRICTED BY DONORS PRIMARILY FOR SCHOLARSHIPS AND THE BOARD DESIGNATED FUNDS ARE RESTRICTED BY THE BOARD OF TRUSTEES FOR SCHOLARSHIPS AND LIBRARY ACQUISITIONS. THE FUNDS ARE HELD IN INVESTMENT ACCOUNTS AND WILL BE USED ONLY FOR PURPOSES STIPULATED BY THE DONORS OR AS DESIGNATED BY THE BOARD OF TRUSTEES.</Explanation>
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        <Explanation>As of June 30, 2011, no amounts have been recognized for uncertain income tax positions. The School's tax returns for the 2008 fiscal year and forward are subject to the usual review by the appropriate taxing authorities.</Explanation>
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        <TotalCompensationFilingOrg>172579</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <Identifier>COMPENSATION INFORMATION</Identifier>
        <ReturnReference>PART I - QUESTION 4A</ReturnReference>
        <Explanation>SCOTT AGELOFF (FORMER SR. V.P. ACADEMIC AFFAIRS &amp; DEAN) RECEIVED SEVERANCE PAY FOR THE FISCAL YEAR ENDED JUNE 30, 2011.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleM documentId="IRS990ScheduleM">
      <WorksOfArt />
      <ArtHistoricalTreasures />
      <ArtFractionalInterest />
      <BooksAndPublications />
      <ClothingAndHouseholdGoods />
      <CarsAndOtherVehicles />
      <BoatsAndPlanes />
      <IntellectualProperty />
      <SecuritiesPubliclyTraded />
      <SecuritiesCloselyHeldStock />
      <SecuritiesPrtnrshpTrustIntrsts />
      <SecuritiesMiscellaneous />
      <QualifiedContribHistStruct />
      <QualifiedContribOther />
      <RealEstateResidential />
      <RealEstateCommercial />
      <RealEstateOther />
      <Collectibles />
      <FoodInventory />
      <DrugsAndMedicalSupplies />
      <Taxidermy />
      <HistoricalArtifacts />
      <ScientificSpecimens />
      <ArchaeologicalArtifacts />
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>LIGHTING</Description>
        <NumberOfContributions>3</NumberOfContributions>
        <NoncashContribsRptdF990>64456</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>FLOORING</Description>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>15064</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>CHAIRS</Description>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>18081</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>FURN, FIX &amp; EQUIP</Description>
        <NumberOfContributions>3</NumberOfContributions>
        <NoncashContribsRptdF990>578043</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS</Identifier>
        <ReturnReference>PART III - LINE 1</ReturnReference>
        <Explanation>THE NEW YORK SCHOOL OF INTERIOR DESIGN ("NYSID") IS A COLLEGE DEDICATED TO THE ADVANCEMENT OF THE DISCIPLINE OF INTERIOR DESIGN THROUGH EDUCATION, RESEARCH, PUBLIC PROGRAMMING, PROFESSIONAL DEVELOPMENT AND OUTREACH. STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS PART III - LINE 2 TWO NEW PROGRAMS: 1. MPS - MASTER OF PROFESSIONAL STUDIES 2. BA - BACHELOR OF ARTS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNANCE, MANAGEMENT, AND DISCLOSURE</Identifier>
        <ReturnReference>PART VI, SECTION B. - QUESTION 11b</ReturnReference>
        <Explanation>THE INSTITUTION'S FINANCIAL OVERVIEW COMMITTEE REVIEWS THE CONTENTS OF THE FORM 990 AND AUTHORIZES THE FILING WITH THE IRS. A COPY OF THE FINAL FORM 990 IS MADE AVAILABLE TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES PRIOR TO OFFICIAL FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNANCE, MANAGEMENT, AND DISCLOSURE</Identifier>
        <ReturnReference>PART VI, SECTION B. - QUESTION 12C</ReturnReference>
        <Explanation>EACH VOTING MEMBER OF THE BOARD OF TRUSTEES AND KEY INSTITUTIONAL EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AND DISCLOSURE POLICY AT THE FIRST (SEPT) QUARTERLY MEETING OF THE BOARD OF TRUSTEES. ANY SUCH INDIVIDUALS ARE REQUIRED TO CONFER WITH EITHER THE PRESIDENT OR VICE PRESIDENT OF FINANCE AND ADMINISTRATION IF THEY, OR THE INSTITUTION, SUSPECTS A RELATIONSHIP OR TRANSACTION POSES A CONFLICT OF INTEREST. EITHER THE PRESIDENT OR VICE PRESIDENT OF FINANCE AND ADMINISTRATION WILL CONSIDER THE POTENTIAL FOR A CONFLICT AND APPROPRIATE STEPS NECESSARY TO AVOID OR REMEDIATE THAT CONFLICT. MOREOVER, AS PART OF THE BOARD'S ONGOING ASSESSMENT OF ITSELF, COMPLIANCE WITH THE INSTITUTIONS CONFLICT OF INTEREST POLICY IS ROUTINELY EVALUATED AND ENFORCED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNANCE, MANAGEMENT, AND DISCLOSURE</Identifier>
        <ReturnReference>PART VI, SECTION B. - QUESTIONS 15A &amp; 15B</ReturnReference>
        <Explanation>THE BOARD OF TRUSTEES PERIODICALLY RETAINS THE SERVICES OF A COMPENSATION CONSULTANT TO EVALUATE COMPENSATION FOR THE INSTITUTION'S CEO AND OTHER KEY EMPLOYEES. THE COMPENSATION CONSULTANT USES CONTEMPORANEOUS COMPENSATION DATA BY POSITION AND ADJUSTS FOR SIZE, COMPLEXITY, OPERATING BUDGET AND LOCATION OF INSTITUTION. SALARY AND BENEFIT LEVELS FOR THE PRESIDENT AND SENIOR STAFF (VICE PRESIDENTS) IS EVALUATED ON THE OCCASION OF THE APPOINTMENT OF A NEW (AND THE SITTING) PRESIDENT. COMPENSATION FOR THE CEO IS REVIEWED DURING THE NEGOTIATIONS OF THE CEO'S MULTI-YEAR CONTRACT. ANY SUBSTANTIAL INCREASE IN SALARY IS BASED ON COMPARABLE DATA, PERFORMANCE AND PROGRESS TOWARD RESEARCHING ESTABLISHED GOALS AND BENCHMARKS. THE BOARD CHAIR DETERMINES ANY SUBSTANTIAL INCREASES IN SALARY FOR THE PRESIDENT. THE PRESIDENT MAKES THE DETERMINATION ABOUT THE SALARY INCREASES FOR KEY EMPLOYEES, IN CONSULTATION, IF NECESSARY, WITH THE FINANCIAL OVERVIEW COMMITTEE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNANCE, MANAGEMENT, AND DISCLOSURE</Identifier>
        <ReturnReference>PART VI, SECTION C. - QUESTION 19</ReturnReference>
        <Explanation>THE INSTITUTION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>RECONCILIATION OF NET ASSETS</Identifier>
        <ReturnReference>PART XI - LINE 5</ReturnReference>
        <Explanation>5. UNREALIZED GAIN ON INVESTMENTS: 602,641.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>