New Hampshire Institute of Art: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- New Hampshire Institute of Art (EIN 02-0222154)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-13
- IRS object ID
- 201101339349303205
- Schema version
- 2009v1.7
- 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 D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-13T12:31:51-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Elm Street 15th Floor | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020222154 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Hampshire Institute of Art | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWH | NameControl |
| Phone | 6036220313 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148 Concord Street | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | James Chatterton | Name |
| Title | VP-Finance | Title |
| Phone | 6036220313 | Phone |
| Date Signed | 2011-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rachel Williamson CPA | Name |
| Phone | 6036697337 | Phone |
| Date Prepared | 2011-05-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Roger Williams | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148 Concord Street | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 12112634 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.nhia.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1898 | YearFormation |
| State Legal Domicile | NH | StateLegalDomicile |
| Activity Or Mission Description | Providing education in the field of fine art | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 270 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 999502 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 247328 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7688789 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9233826 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -448355 | InvestmentIncomePriorYear |
| Investment Income Current Year | 347962 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -2913 | OtherRevenuePriorYear |
| Other Revenue Current Year | 19545 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8237023 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9848661 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 925765 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1190445 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4610072 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4781995 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 100972 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4246783 | OtherExpensePriorYear |
| Other Expenses Current Year | 5127075 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9782620 | TotalExpensesPriorYear |
| Total Expenses Current Year | 11099515 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1545597 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1250854 | RevenuesLessExpensesCY |
| Total Assets BOY | 49998632 | TotalAssetsBOY |
| Total Assets EOY | 48352038 | TotalAssetsEOY |
| Total Liabilities BOY | 21229696 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 19196471 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 28768936 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 29155567 | NetAssetsOrFundBalancesEOY |
| Mission Description | The mission of the New Hampshire Institute of Art is three-fold. First, to provide a Bachelor of Fine Arts degree program that emphasizes a traditional approach stressing the integration of creative, aesthetic, technical and critical skills in artistic expression. Second, to offer a Continuing Education program that serves the community in all the instructional areas of the Institute. And, finally, to provide an ongoing series of public exhibitions and lectures that support all of the educational programs. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 9099609 | Expense |
| Revenue | 9233826 | Revenue |
| Description | The BFA Program is the Institute's flagship program. Accredited by the National Association of Schools of Art & Design (NASAD). The Program focuses on teaching the traditional fine arts. There are 490 students in the BFA program. The Continuing Education Program had 824 course registrations. Approximately 20,000 visits were made to the Institute to view the various exhibitions throughout the year. | Description |
| Total Program Service Expense | 9099609 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 54 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 270 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Chatterton | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6038362512 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148 Concord Street | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Skip Ashooh | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Ellie Cochran | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Richard Strawbridge | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Ron Covey | |||||||
| Chairman | 0.50 | X | 0 | 0 | 0 | X | |
| Tom Dougherty | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| George Kidd Jr | |||||||
| Treasurer | 0.50 | X | 0 | 0 | 0 | X | |
| Paul Ramsey | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Hon Michael E Jones | |||||||
| Secretary | 0.50 | X | 0 | 0 | 0 | X | |
| Jack Bielagus | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Maurice Beliveau | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Barbara Bickford | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Lorraine Dufresne | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Fred B Kfoury | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Joseph Lovejoy | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| David Rhodes | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Richard Samuels | |||||||
| Vice Chairman | 0.50 | X | 0 | 0 | 0 | X | |
| Phyllis Stibler | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Arthur Sullivan | |||||||
| Assistant Treasurer | 0.50 | X | 0 | 0 | 0 | X | |
| Gerry Williams | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| John H Zahr | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Sara Zela | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Erik Gross | |||||||
| VP-Finance & Administratio | 37.50 | 37370 | 0 | 12789 | X | ||
| Nancy Trevethick | |||||||
| VP-Finance & Administratio | 37.50 | 8442 | 0 | 0 | X | ||
| James Chatterton | |||||||
| VP-Finance | 37.50 | 36539 | 0 | 187 | X | ||
| Roger Williams | |||||||
| President | 37.50 | 175470 | 0 | 28160 | X | ||
| Jessica Kinsey | |||||||
| Director of Development | 37.50 | 71000 | 0 | 7125 | X | ||
| Patrick McCay | |||||||
| Academic Dean | 37.50 | 95000 | 0 | 9833 | X | ||
| William Sullivan | |||||||
| Dir. of Enrollment & Student Svcs | 37.50 | 68000 | 0 | 17790 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 257821 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 41136 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Milestone Engineering | |||||
| 6 Loudon Road | Concord | NH | 03302 | Contracted Engineering | 206656 |
| Whitewater Cleaning | |||||
| PO Box 6105 | Penacook | NH | 03303 | Cleaning Services | 109791 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Government Grants | 146060 | GovernmentGrants |
| All Other Contributions | 101268 | AllOtherContributions |
| Noncash Contributions | 25850 | NoncashContributions |
| Total Contributions | 247328 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition and Fees | 611710 | 7487984 | 7487984 |
| Auxiliary Enterprises | 900099 | 1693241 | 1693241 |
| Other income | 900099 | 52601 | 52601 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9233826 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 508529 | TotalRevenueColumn |
| Exclusion | $508,529 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2095178 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2255745 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -160567 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -160567 | TotalRevenueColumn |
| Exclusion | -$160,567 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 27773 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 8228 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19545 | TotalRevenueColumn |
| Exclusion | $19,545 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9848661 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9233826 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $367,507 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1190445 | Total |
| Program Services | 1190445 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 360521 | Total |
| Management And General | 360521 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3591879 | Total |
| Program Services | 2945263 | ProgramServices |
| Management And General | 570387 | ManagementAndGeneral |
| Fundraising | 76229 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178848 | Total |
| Program Services | 139127 | ProgramServices |
| Management And General | 36120 | ManagementAndGeneral |
| Fundraising | 3601 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 328153 | Total |
| Program Services | 264415 | ProgramServices |
| Management And General | 56894 | ManagementAndGeneral |
| Fundraising | 6844 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 322594 | Total |
| Program Services | 264520 | ProgramServices |
| Management And General | 51228 | ManagementAndGeneral |
| Fundraising | 6846 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42596 | Total |
| Management And General | 42596 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62990 | Total |
| Management And General | 62990 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80844 | Total |
| Management And General | 80844 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 223950 | Total |
| Program Services | 161093 | ProgramServices |
| Management And General | 62390 | ManagementAndGeneral |
| Fundraising | 467 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79924 | Total |
| Program Services | 72260 | ProgramServices |
| Management And General | 2847 | ManagementAndGeneral |
| Fundraising | 4817 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 246966 | Total |
| Program Services | 158586 | ProgramServices |
| Management And General | 87985 | ManagementAndGeneral |
| Fundraising | 395 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 662164 | Total |
| Program Services | 619465 | ProgramServices |
| Management And General | 42699 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 165174 | Total |
| Program Services | 153210 | ProgramServices |
| Management And General | 11826 | ManagementAndGeneral |
| Fundraising | 138 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8927 | Total |
| Program Services | 4225 | ProgramServices |
| Management And General | 4513 | ManagementAndGeneral |
| Fundraising | 189 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 525626 | Total |
| Program Services | 493749 | ProgramServices |
| Management And General | 31877 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 991476 | Total |
| Program Services | 971492 | ProgramServices |
| Management And General | 19984 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83545 | Total |
| Program Services | 51519 | ProgramServices |
| Management And General | 32026 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Equipment Rental | 704498 | 653565 | 50933 | |
| Minor Equipment | 203295 | 192293 | 11002 | |
| COGS | 183815 | 183815 | ||
| Waivers | 181245 | 181245 | ||
| Hospitality | 131982 | 121012 | 10595 | 375 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 548058 | Total |
| Program Services | 278310 | ProgramServices |
| Management And General | 268677 | ManagementAndGeneral |
| Fundraising | 1071 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11099515 | Total |
| Program Services | 9099609 | ProgramServices |
| Management And General | 1898934 | ManagementAndGeneral |
| Fundraising | 100972 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96785 | BOY |
| EOY | 500 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6895693 | BOY |
| EOY | 550441 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36653 | BOY |
| EOY | 42234 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95316 | BOY |
| EOY | 96744 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197324 | BOY |
| EOY | 297235 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 27388392 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4362933 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18935215 | BOY |
| EOY | 23025459 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22019826 | BOY |
| EOY | 22583262 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1721820 | BOY |
| EOY | 1756163 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49998632 | BOY |
| EOY | 48352038 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2446195 | BOY |
| EOY | 277515 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 127793 | BOY |
| EOY | 149566 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15765000 | BOY |
| EOY | 15490000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2079105 | BOY |
| EOY | 2047801 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 811603 | BOY |
| EOY | 1231589 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21229696 | BOY |
| EOY | 19196471 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 980994 | BOY |
| EOY | 1314619 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16677 | BOY |
| EOY | 53017 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27771265 | BOY |
| EOY | 27787931 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28768936 | BOY |
| EOY | 29155567 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49998632 | BOY |
| EOY | 48352038 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 1210225 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22079753 | BeginningOfYearBalance |
| Contributions | 5285 | Contributions |
| Investment Earnings Or Losses | 2194884 | InvestmentEarningsOrLosses |
| Other Expenditures | 1660411 | OtherExpenditures |
| End Of Year Balance | 22619511 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 28850798 | BeginningOfYearBalance |
| Contributions | 103787 | Contributions |
| Investment Earnings Or Losses | -5308840 | InvestmentEarningsOrLosses |
| Other Expenditures | 1565992 | OtherExpenditures |
| End Of Year Balance | 22079753 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23105459 | OtherCostOrOtherBasis |
| Depreciation | 2871285 | Depreciation |
| Book Value | 20234174 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1506482 | OtherCostOrOtherBasis |
| Depreciation | 272619 | Depreciation |
| Book Value | 1233863 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2729442 | OtherCostOrOtherBasis |
| Depreciation | 1219029 | Depreciation |
| Book Value | 1510413 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 47009 | OtherCostOrOtherBasis |
| Book Value | 47009 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 23025459 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Short-term Investments | 1500847 | F |
| Mutual Funds | 13228551 | F |
| U.S. Treasury Securities | 789230 | F |
| Alternative Investments | 7064634 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 22583262 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Deposits | $107,565 |
| Capital Lease Payable | $276,900 |
| Market Value of Interest Rate Swap | $847,124 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1231589 | TotalOfAmounts |
| Total Revenue | 9848661 | TotalRevenue |
| Total Expenses | 11099515 | TotalExpenses |
| Excess Or Deficit For Year | -1250854 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1920327 | NetUnrealizedGLOnInvestments |
| Other | -$282,842 | OtherAmount |
| Total Adjustments | 1637485 | TotalAdjustments |
| Excess Or Deficit Per FS | 386631 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 10237655 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1920327 | NetUnrealizedGainsInvestments |
| Other Revenues | 19609 | OtherRevenues |
| Revenue Not Rptd F990 | 1939936 | RevenueNotRptdF990 |
| Revenue Subtotal | 8297719 | RevenueSubtotal |
| Investment Expenses Not Included | 66274 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 1484668 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1550942 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9848661 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 9851024 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 8228 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 8228 | ExpensesNotRptdF990 |
| Expenses Subtotal | 9842796 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 66274 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1190445 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1256719 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 11099515 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part III, Line 1a: | Contributions considered to be works of art, historical treasures, and other similar assets considered to be collection items are capitalized and are recognized as revenues or gains in the period received. The collection was donated and recorded based on an appraisal of $1,210,225 as of the date of the gift in 2007. The collection consists of 1,550 volumes of rare and out of print books and 19 video cassettes in the discipline of photography. The collection is maintained for educational purposes and is to be maintained in perpetuity. As such, it is recorded in permanently restricted net assets. Subsequent additions acquired by purchase will be stated at cost; additions acquired by gift will be stated at the estimated fair value at the date of donation. Because the Institute's art collection consists of rare works of art, no provision for depreciation is made thereon. | |
| Part V, Line 4: | The Institute's endowment consists of approximately eight individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. As required by GAAP, net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. | Description of Intended Use of Endowment Funds: |
| Part XI, Line 8 - Other Adjustments: | Change in Value of Split-Interest Agreement: 11381. Change in Value of Interest Rate Swap: -294223. | |
| Part XII, Line 2d - Other Adjustments: | Change in Value of Split-Interest Agreements: 11381. Fundraising Expenses: 8228. | |
| Part XII, Line 4b - Other Adjustments: | Student Aid: 1190445. Change in Value of Interest Rate Swap: 294223. | |
| Part XIII, Line 2d - Other Adjustments: | Fundraising Expenses: 8228. | |
| Part XIII, Line 4b - Other Adjustments: | Student Aid: 1190445. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | Published communications to the general public which contain the Institute's policies of non-discrimination | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | NH State Council on Arts provides funding; various Federal and State Agencies give student financial aid to the Institute. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Exhibition & Sale of Students' Art | NameOfEvent1 |
| Gross Receipts Event1 | 27773 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 27773 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 8228 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 27773 | GrossReceiptsTotal |
| Gross Revenue Total Events | 27773 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 8228 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 8228 | DirectExpenseSummaryEvents |
| Net Income Summary | 19545 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (19 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Gakidis Scholarship | 1 | 350 |
| Corbin Hunter Scholarship | 1 | 500 |
| Deb Grant | 1 | 450 |
| Paul & Anne Harvey Scholarship | 5 | 2500 |
| John Hubenthal Scholarship | 1 | 1000 |
| Scannell Scholarship | 1 | 750 |
| First in High School Scholarship | 57 | 52000 |
| Matching Funds | 12 | 7638 |
| Other Institutional Awards | 33 | 31500 |
| Founders - Freshman Scholarship | 12 | 10625 |
| Fuller Scholarship | 333 | 361096 |
| Presidential Scholarship | 73 | 139250 |
| Merit Scholarships | 1 | 3500 |
| Matching Funds-State, Federal | 36 | 88800 |
| Founders - Returning Student Scholarship | 9 | 9829 |
| Need Scholarships | 221 | 331814 |
| Housing Scholarships | 83 | 118400 |
| Continuing Ed / Life Long Learning | 22 | 3631 |
| Transfer Scholarship | 41 | 26812 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Other Information: | Identifier |
| Return Reference | Part IV: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: All assistance is in the form of grants and scholarships. These funds are applied directly to the student's account. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Roger Williams | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 158911 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 16559 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 8579 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 19581 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 203630 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
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 |
|---|---|---|---|---|---|---|
| New Hampshire Health and Educational Facilities Authority | ||||||
| 020279866 | 644614XB0 | 2009-04-27 | 9000000 | Finance the acquisition and construction of academic buildings and buy equip | 0 | 0 |
| New Hampshire Health and Educational Facilities Authority | ||||||
| 020279866 | 644614NW5 | 2005-09-29 | 7000000 | Refinance Series 2000 bond and finance purchase and renovation of buildings | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Working Capital ExpendituresWorkingCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|---|
| 9000000 | 35000 | 227656 | 8737344 | 2009 | 0 | 0 | 1 | 1 | |
| 7000000 | 42513 | 140000 | 4483688 | 2005 | 1 | 0 | 1 | 1 | 2333799 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Term Of HedgeTermOfHedge |
|---|---|---|---|---|---|---|
| (no name) | ||||||
| 0 | 1 | 0 | 0 | 0 | 0 | |
| Morgan Stanley | ||||||
| 0 | 1 | 1 | 0 | 0 | 0 | 30.000000000000 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Arthur Sullivan | |||
| Trustee | 500891 | Arthur Sullivan is a Principal at Brady Sullivan Properties. The Institute leases residental dorm space from Brady Sullivan. | 0 |
| Roger Williams | |||
| President | 34621 | Whitney Williams is the daughter of Roger Williams, President. Whitney received compensation as Manager of on-campus deli and also RD. | 0 |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Furniture | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25850 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | The Institute's Finance Committee reviewed the Form 990 in detail. The entire Board received a complete copy of the 990, including all schedules, prior to filing the 990. |
| Form 990, Part VI, Section B, line 12c | The conflict of interest policy is provided to the appropriate individuals and re-signed every year. |
| Form 990, Part VI, Section B, line 15a | Compensation is reviewed and approved by the Executive Committee of the Board. |
| Form 990, Part VI, Section C, line 19 | The Organization makes these documents available upon request. |
| Part XI, Line 2c | The organization has not changed its oversight or selection process during the tax year. |
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