THE UNIVERSITY OF THE ARTS: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- THE UNIVERSITY OF THE ARTS (EIN 23-1639911)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-04-13
- IRS object ID
- 201111039349300516
- 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 C
- 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 | 2011-04-13T14:53:46-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231639911 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The University of the Arts | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 2157176000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 South Broad Street | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 19102 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | William E Mea | Name |
| Title | VP for Finance & Admim | Title |
| Phone | 2157176180 | Phone |
| Date Signed | 2011-04-13 | DateSigned |
| 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 | Sean T Buffington | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 South Broad Street | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 19102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 102299455 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.uarts.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1870 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | The Arts have the power to transform society. They play an essential role in ensuring and enhancing the quality of life. The University of the Arts is committed to inspiring, educating and preparing innovative artists and creative leaders for the arts of the 21st century. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 42 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 41 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2240 | TotalNbrEmployees |
| Total Nbr Volunteers | 192 | TotalNbrVolunteers |
| Total Gross UBI | 13557 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -409555 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 16461298 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 15156521 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 78515703 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 79931615 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1071368 | InvestmentIncomePriorYear |
| Investment Income Current Year | 459692 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4345822 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2125878 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 98251455 | TotalRevenuePriorYear |
| Total Revenue Current Year | 97673706 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 32052510 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 34537377 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 39027889 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 37512564 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 944360 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 30277166 | OtherExpensePriorYear |
| Other Expenses Current Year | 26611058 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 101357565 | TotalExpensesPriorYear |
| Total Expenses Current Year | 98660999 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3106110 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -987293 | RevenuesLessExpensesCY |
| Total Assets BOY | 149381974 | TotalAssetsBOY |
| Total Assets EOY | 149427265 | TotalAssetsEOY |
| Total Liabilities BOY | 79413193 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 77612954 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 69968781 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 71814311 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Arts have the power to transform society. They play an essential role in ensuring and enhancing the quality of life. The University of the Arts is committed to inspiring, educating and preparing innovative artists and creative leaders for the arts of the 21st century. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 46866412 | Expense |
| Grants | 27021508 | Grants |
| Revenue | 72401752 | Revenue |
| Description | Instruction of students in undergraduate and graduate programs in the College of Art & Design, College of Performing Arts and College of Media & Communication. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2426746 | Expense |
| Grants | 284198 | Grants |
| Revenue | 3027528 | Revenue |
| Description | Continuing Studies instruction for non-credit students. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2364631 | Expense |
| Revenue | 4502335 | Revenue |
| Description | Provide housing to approximately 600 students. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 21936529 | Expense |
| Grants | 7231671 | Grants |
| Revenue | -1101099 | Revenue |
| Description | Remaining expenses of $21,936,530 represent academic support, administration and operation of plant. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 21936529 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 7231671 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | -1101099 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 73594318 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | 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 | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | 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 | 559 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2240 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Nbr Voting Governing Body Members | 42 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 41 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | William E Mea | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2157176180 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 South Broad Street | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 191024901 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (55 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 |
|---|---|---|---|---|---|---|---|---|
| Albert E Wolf | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Ronald J Naples | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | X | ||
| George A Beach | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Roger L Bomgardner | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Ira Brind | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | X | ||
| Ronald L Caplan | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | X | ||
| Jill R Felix Colton | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Paul Curci | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Eleanor L Davis | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | X | ||
| Deanna DeCherney | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Carl E Dranoff | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Daniel K Fitzpatrick | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Melissa Heller | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Richard P Jaffe | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Scott M Jenkins | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Gail Kass | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Dr Russel E Kaufman | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Al Paul Lefton Jr | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Elaine C Levitt | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Karen Lotman | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Seymour G Mandell | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Dr Noel Mayo | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Thomas M Miles | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Francis J Mirabello Esq | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | X | ||
| Adolf A Paier | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | X | ||
| Lawrence S Reichlin | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Jerry J Siano | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Judith F Terra | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| James P Vesey | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Harriet G Weiss | ||||||||
| Vice Chairman | 1.00 | X | 0 | 0 | 0 | X | ||
| William Wilson | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Mary Louise Beitzel | ||||||||
| Emeritus Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Irvin J Borowsky | ||||||||
| Emeritus Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Anne F Elder | ||||||||
| Emeritus Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Sondra Myers | ||||||||
| Emeritus Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Dorrance H Hamilton | ||||||||
| Life Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Sam S McKeel | ||||||||
| Life Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Mark Donnolo | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Brian Effron | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| William R Gast | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Sueyun Pyo Locks | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Sean T Buffington | ||||||||
| President & CEO | 40.00 | X | 251191 | 0 | 56018 | X | ||
| William E Mea | ||||||||
| Vice President for Finance and Admi | 40.00 | 168003 | 0 | 38641 | X | |||
| Peter Danzig | ||||||||
| Senior Secretary | 40.00 | 36236 | 0 | 8335 | X | |||
| Jennifer Kanzler | ||||||||
| Executive Assistant | 40.00 | 46523 | 0 | 10701 | X | |||
| Michael Nash | ||||||||
| Provost | 40.00 | 183990 | 0 | 42318 | X | |||
| Thomas Carnwath | ||||||||
| Vice President of Technology & Info | 40.00 | 159309 | 0 | 36641 | X | |||
| Francis Kumin | ||||||||
| Director | 40.00 | 150254 | 0 | 42071 | X | |||
| Paula Marincola | ||||||||
| Executive Director | 40.00 | 173424 | 0 | 48559 | X | |||
| Saba Saraagazade | ||||||||
| Chief Advancement Officer | 40.00 | 165724 | 0 | 53467 | X | |||
| Melissa Franklin | ||||||||
| Director | 40.00 | 133860 | 0 | 37480 | X | |||
| Pearl Schaeffer | ||||||||
| Executive Director | 40.00 | 120189 | 0 | 34253 | X | |||
| Kevin Brennan | ||||||||
| Director | 40.00 | 118999 | 0 | 27370 | X | |||
| Richard Lawn | ||||||||
| Dean, College of Performing Arts | 40.00 | 113825 | 0 | 26180 | X | |||
| Stephen Tarantal | ||||||||
| Dean, College of Art & Design | 40.00 | 112584 | 0 | 25894 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1934111 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 487928 | TotalOtherCompensation |
| Number Individuals GT100 K | 21 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| D'Lauro & Rodgers Inc | |||||
| 175 Commerce Dr | Fort Washington | PA | 19034 | construction | 1107900 |
| Stratus Communications Inc | |||||
| 17 Wilmont Mews | West Chester | PA | 18700 | Advertising | 606360 |
| New England Woodcraft Inc | |||||
| 481 North Street | Forest Dale | VT | 05745 | furniture manufacturer | 598599 |
| Datatel Inc | |||||
| 4375 Fair Lakes Court | Fairfax | VA | 22033 | Software | 535865 |
| Lima Company | |||||
| 9050 State Road | Philadelphia | PA | 19136 | construction | 325066 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 21 | NumberOfContractorsGT100K |
| Fundraising Events | 259134 | FundraisingEvents |
| Government Grants | 673103 | GovernmentGrants |
| All Other Contributions | 14224284 | AllOtherContributions |
| Noncash Contributions | 96940 | NoncashContributions |
| Total Contributions | 15156521 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Student Tuition and Fe | 611600 | 75429280 | 75429280 |
| Residence Halls | 611600 | 4502335 | 4502335 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 79931615 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1671348 | TotalRevenueColumn |
| Exclusion | $1,671,348 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 785248 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 785248 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 785248 | TotalRevenueColumn |
| Exclusion | $785,248 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2973322 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4184978 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -1211656 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1211656 | TotalRevenueColumn |
| Related Or Exempt Function Income | -1211656 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 78755 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 259134 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 60351 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18404 | TotalRevenueColumn |
| Exclusion | $18,404 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 490977 | GrossSalesOfInventory |
| Cost Of Goods Sold | 380420 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 110557 | TotalRevenueColumn |
| Related Or Exempt Function Income | 110557 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Other Income - Temp Re | 900099 | 1198112 | $1,198,112 | |
| Merriam Operations | 611600 | 13557 | 13557 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1211669 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 97673706 | TotalRevenueColumn |
| Related Or Exempt Function Income | 78830516 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 13557 | UnrelatedBusinessRevenue |
| Exclusion | $3,673,112 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34537377 | Total |
| Program Services | 34537377 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1671404 | Total |
| Program Services | 414309 | ProgramServices |
| Management And General | 1037905 | ManagementAndGeneral |
| Fundraising | 219190 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29579581 | Total |
| Program Services | 24623149 | ProgramServices |
| Management And General | 4666750 | ManagementAndGeneral |
| Fundraising | 289682 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 934057 | Total |
| Program Services | 673507 | ProgramServices |
| Management And General | 234028 | ManagementAndGeneral |
| Fundraising | 26522 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3130989 | Total |
| Program Services | 2409802 | ProgramServices |
| Management And General | 676190 | ManagementAndGeneral |
| Fundraising | 44997 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2196533 | Total |
| Program Services | 1583822 | ProgramServices |
| Management And General | 550342 | ManagementAndGeneral |
| Fundraising | 62369 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208777 | Total |
| Program Services | 9717 | ProgramServices |
| Management And General | 199060 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109772 | Total |
| Program Services | 38424 | ProgramServices |
| Management And General | 71348 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3263854 | Total |
| Program Services | 1894720 | ProgramServices |
| Management And General | 1253439 | ManagementAndGeneral |
| Fundraising | 115695 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 715305 | Total |
| Program Services | 623769 | ProgramServices |
| Management And General | 91536 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3920634 | Total |
| Program Services | 2125853 | ProgramServices |
| Management And General | 1718141 | ManagementAndGeneral |
| Fundraising | 76640 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1543076 | Total |
| Program Services | 545467 | ProgramServices |
| Management And General | 997609 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 581950 | Total |
| Program Services | 332044 | ProgramServices |
| Management And General | 249906 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1084862 | Total |
| Program Services | 1014040 | ProgramServices |
| Management And General | 64647 | ManagementAndGeneral |
| Fundraising | 6175 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201314 | Total |
| Program Services | 152367 | ProgramServices |
| Management And General | 41160 | ManagementAndGeneral |
| Fundraising | 7787 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2840943 | Total |
| Management And General | 2840943 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6119003 | Total |
| Management And General | 6119003 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 533370 | Total |
| Program Services | 1677 | ProgramServices |
| Management And General | 531693 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Utilities | 2118189 | 612450 | 1505739 | |
| General | 1435808 | 948885 | 486923 | |
| Other | 957343 | 558908 | 303132 | 95303 |
| Repairs & Maintenance | 652150 | 178488 | 473662 | |
| Honoraria | 324708 | 315543 | 9165 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98660999 | Total |
| Program Services | 73594318 | ProgramServices |
| Management And General | 24122321 | ManagementAndGeneral |
| Fundraising | 944360 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9425627 | BOY |
| EOY | 8496645 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5238437 | BOY |
| EOY | 4096818 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17278649 | BOY |
| EOY | 11072075 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1318481 | BOY |
| EOY | 1691409 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 973021 | BOY |
| EOY | 937965 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 157231236 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 68591791 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89180774 | BOY |
| EOY | 88639445 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24550954 | BOY |
| EOY | 33140590 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1416031 | BOY |
| EOY | 1352318 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149381974 | BOY |
| EOY | 149427265 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5574253 | BOY |
| EOY | 5674639 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9223157 | BOY |
| EOY | 11582338 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43635000 | BOY |
| EOY | 42740000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9181349 | BOY |
| EOY | 9078709 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11799434 | BOY |
| EOY | 8537268 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79413193 | BOY |
| EOY | 77612954 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22888844 | BOY |
| EOY | 23675853 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8073814 | BOY |
| EOY | 8108402 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39006123 | BOY |
| EOY | 40030056 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69968781 | BOY |
| EOY | 71814311 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149381974 | BOY |
| EOY | 149427265 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 1 | MailingsMembers |
| Mailings Members | $5,000 | MailingsMembersAmount |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $0 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $60,000 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 65000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II-B, Line 1i: | Identifier |
| Return Reference | Explanation of Other Lobbying Activities: | ReturnReference |
| Explanation | State-level lobbyist. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 43091591 | BeginningOfYearBalance |
| Contributions | 858196 | Contributions |
| Investment Earnings Or Losses | 2113667 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1324991 | GrantsOrScholarships |
| End Of Year Balance | 44738463 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 46510242 | BeginningOfYearBalance |
| Contributions | 663495 | Contributions |
| Investment Earnings Or Losses | -2955197 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1126949 | GrantsOrScholarships |
| End Of Year Balance | 43091591 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00460 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.89480 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.10060 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5854855 | OtherCostOrOtherBasis |
| Book Value | 5854855 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 119280735 | OtherCostOrOtherBasis |
| Depreciation | 46629264 | Depreciation |
| Book Value | 72651471 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30285014 | OtherCostOrOtherBasis |
| Depreciation | 21962527 | Depreciation |
| Book Value | 8322487 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1810632 | OtherCostOrOtherBasis |
| Book Value | 1810632 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 88639445 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Invested Cash | 2258101 | F |
| Equities - domestic | 10455158 | F |
| Equities - foreign | 5604805 | F |
| Fixed Income - domestic | 7761932 | F |
| Alternative Investments | 4798744 | F |
| Funds held in trust | 2261850 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 33140590 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Line of credit | $1,500,000 |
| Capital lease oblig. | $4,427,142 |
| Conditional asset retirement oblig. | $710,095 |
| U.S. Government Advances - Perkins Loans | $1,900,031 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8537268 | TotalOfAmounts |
| Total Revenue | 97673706 | TotalRevenue |
| Total Expenses | 98660999 | TotalExpenses |
| Excess Or Deficit For Year | -987293 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2832823 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 2832823 | TotalAdjustments |
| Excess Or Deficit Per FS | 1845530 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 73581243 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2832823 | NetUnrealizedGainsInvestments |
| Other Revenues | 380420 | OtherRevenues |
| Revenue Not Rptd F990 | 3213243 | RevenueNotRptdF990 |
| Revenue Subtotal | 70368000 | RevenueSubtotal |
| Other Revenues Not Included | 27305706 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 27305706 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 97673706 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 71735713 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 380420 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 380420 | ExpensesNotRptdF990 |
| Expenses Subtotal | 71355293 | ExpensesSubtotal |
| Other Expenses Not Included | 27305706 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 27305706 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 98660999 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Part XII-line 2d cost of goods sold for gross sales of inventory ($380,420) Part XII-line 4b-Student scholarships reported as net revenue on financial statements ($27,305,706) Part XIII-line 2d cost of goods sold for gross sales of inventory ($380,420) Part XIII-line 4b-Student scholarships reported as net revenue on financial statements ($27,305,706) Part X - GAAP requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The University does not believe its financial statements include any material uncertain positions. Part V-line 4. The intended uses of the organization endowment funds are for University students awards and scholarships to help offset the cost of tuition. | Explanation |
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 | The University's racially nondiscrimination policy is included on the application for admission, and in other important official university publications, most importantly the university course catalog. | 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 | The University receives federal and state funding, including, but not limited to, Pell grants, SEOG grants, Family Education Loans, and Work-Study Program. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Art Unleashed | NameOfEvent1 |
| Gross Receipts Event1 | 275419 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 203394 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 72025 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 38857 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Golf Tournament | NameOfEvent2 |
| Gross Receipts Event2 | 62470 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 55740 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 6730 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 6300 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 15194 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 337889 | GrossReceiptsTotal |
| Charitable Contributions Total | 259134 | CharitableContributionsTotal |
| Gross Revenue Total Events | 78755 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 6300 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 54051 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 60351 | DirectExpenseSummaryEvents |
| Net Income Summary | 18404 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| Scholarship | 646 | 1392203 | book | Credit to offset tuition fee |
| Financial Aid | 2242 | 25913503 | book | Credit to offset tuition fee |
| PCAH | 88 | 7231671 | book |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The use of grant funds is monitored through general ledger accounts. Balance for each specific grant/activity are maintained. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sean T Buffington | |||||||||||||
| 212191 | 0 | 0 | 0 | 39000 | 0 | 9548 | 0 | 46470 | 0 | 307209 | 0 | 0 | 0 |
| William E Mea | |||||||||||||
| 168003 | 0 | 0 | 0 | 0 | 0 | 7560 | 0 | 31081 | 0 | 206644 | 0 | 0 | 0 |
| Michael Nash | |||||||||||||
| 183990 | 0 | 0 | 0 | 0 | 0 | 8280 | 0 | 34038 | 0 | 226308 | 0 | 0 | 0 |
| Thomas Carnwath | |||||||||||||
| 159309 | 0 | 0 | 0 | 0 | 0 | 7169 | 0 | 29472 | 0 | 195950 | 0 | 0 | 0 |
| Francis Kumin | |||||||||||||
| 150254 | 0 | 0 | 0 | 0 | 0 | 13523 | 0 | 28548 | 0 | 192325 | 0 | 0 | 0 |
| Paula Marincola | |||||||||||||
| 173424 | 0 | 0 | 0 | 0 | 0 | 15608 | 0 | 32951 | 0 | 221983 | 0 | 0 | 0 |
| Saba Saraagazade | |||||||||||||
| 165724 | 0 | 0 | 0 | 0 | 0 | 7458 | 0 | 46009 | 0 | 219191 | 0 | 0 | 0 |
| Melissa Franklin | |||||||||||||
| 133860 | 0 | 0 | 0 | 0 | 0 | 12047 | 0 | 25433 | 0 | 171340 | 0 | 0 | 0 |
| Pearl Schaeffer | |||||||||||||
| 120189 | 0 | 0 | 0 | 0 | 0 | 5408 | 0 | 28845 | 0 | 154442 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part III | ReturnReference |
| Explanation | The President of the University is provided a housing allowance as part of his compensation package. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pennsylvania Higher Education Facilities Authority | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 232243852 | IssuerEIN |
| CUSIP Number | 70917PGP9 | CUSIPNumber |
| Date Issued | 2006-04-19 | DateIssued |
| Issue Price | 18367163 | IssuePrice |
| Description Of Purpose | Building improvements and Equipment | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 1 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 19832936 | TotalProceeds |
| Amount In Reserve Fund | 1653143 | AmountInReserveFund |
| Amount Defeased | 11756099 | AmountDefeased |
| Amount Unspent | 2567 | AmountUnspent |
| Issuance Costs From Proceeds | 899438 | IssuanceCostsFromProceeds |
| Capital Expenditures | 5521689 | CapitalExpenditures |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 1 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.04370 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.04370 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | Dependent of key employee | NameOfInterestedPerson |
| Relationship With Organization | Dependent of key employee | RelationshipWithOrganization |
| Type Of Assistance | tuition Amount $ 15350. | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Harriet G Weiss | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Trustee | Relationship |
| Amount Of Transaction | 237218 | AmountOfTransaction |
| Description Of Transaction | As a result of an ongoing competitive bidding process for individual projects, the University purchases some printing services from a company owed by Harriet G. Weiss, Trustee. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 96940 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Ave. price of stock tr d | 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 A, line 2 | Russel Kaufman and Ira Brind, Business Relationship; Russel Kaufman and Ronald Caplan, Business Relationship; Ira Brind and Ronald Caplan, Business Relationship; Ira Brind and Ronald Naples, Business Relationship; Ira Brind and Eleanor Davis, Business Relationship; Ira Brind and Scott Jenkins, Business Relationship. |
| Form 990, Part VI, Section B, line 11 | The Form 990 was prepared by management and was reviewed by an external independent tax advisor prior to sumbission to the Board of Trustees. The Board's Governance Committee designated that the Finance Committee review the Form 990 prior to it being shared with the Board and then filed by management. The Form 990 was reviewed by the Finance Committee and then shared with the Board of Trustees before being filed. |
| Form 990, Part VI, Section B, line 12c | The University annually requires officers, directors, trustees and key employees to complete and submit conflict of interest statements. Any conflicts are reviewed and resolved by the Board's Governance Committee. |
| Form 990, Part VI, Section B, line 15 | The Board's Executive Committee reviews and approves salaries for all officers. Key employees compensation was reviewed by the President and the Vice President of Finance and Administration to determine that the salary range is reasonable. Form 990, Part VI, Section B, line 13. Whistleblower Policy The University does not have a written whistleblower policy. However, whistleblower procedures have been in place since March 2007. The University contracts with EthicsPoint to provide faculty, staff and students with a central point to report potential ethical issues. This may be done by phone or Internet, named or anonymously. Depending on the nature of the issue reported, reports are sent to the Vice President for Finance & Administration, Director of Personnel, Chair of the Audit Committee and/or external legal counsel. These reports are then investigated and resolved. Form 990, Part VI, Section B, Line 14 Document Retention and Destruction The University has created a formal, written University-wide document retention and destruction policy which was adopted by the Board of Trustees after June 30, 2010. |
| Form 990, Part VI, Section C, line 19 | The University does not make its governing documents, conflict of interest policy and financial statements available to the public. |
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