FURP.ORG / PUBLIC DATA EXPLORER

ROCHESTER INSTITUTE OF TECHNOLOGY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ROCHESTER INSTITUTE OF TECHNOLOGY (EIN 16-0743140)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-04
IRS object ID
202621249349302502
Schema version
2024v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-04T14:16:31+00:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN160743140EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Rochester Institute of TechnologyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROCHBusinessNameControlTxt
Phone5854752383PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Controller 46 Lomb Memorial DrAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP146235604ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJames H WattersPersonNm
Person TitleSr VP Finance & AdminPersonTitleTxt
Phone5854752383PhoneNum
Signature2026-05-04SignatureDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1William H SandersBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14623ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,505,009,613GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.rit.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1830FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionROCHESTER INSTITUTE OF TECHNOLOGY (RIT) SHAPES THE FUTURE AND IMPROVES THE WORLD THROUGH CREATIVITY AND INNOVATION. AS AN ENGAGED, INTELLECTUALLY CURIOUS, AND SOCIALLY CONSCIOUS COMMUNITY, RIT LEVERAGES THE POWER OF TECHNOLOGY, THE ARTS, AND DESIGN FOR THE GREATER GOOD.ActivityOrMissionDesc
Voting Members Governing Body42VotingMembersGoverningBodyCnt
Voting Members Independent38VotingMembersIndependentCnt
Total Employee12536TotalEmployeeCnt
Total Volunteers4110TotalVolunteersCnt
Total Gross UBI$6,059,421TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$222,304,892PYContributionsGrantsAmt
CY Contributions Grants$210,894,542CYContributionsGrantsAmt
PY Program Service Revenue$853,734,205PYProgramServiceRevenueAmt
CY Program Service Revenue$872,955,783CYProgramServiceRevenueAmt
PY Investment Income$70,856,710PYInvestmentIncomeAmt
CY Investment Income$80,881,377CYInvestmentIncomeAmt
PY Other Revenue$9,035,827PYOtherRevenueAmt
CY Other Revenue$8,965,003CYOtherRevenueAmt
PY Total Revenue$1,155,931,634PYTotalRevenueAmt
CY Total Revenue$1,173,696,705CYTotalRevenueAmt
PY Grants And Similar Paid$403,412,064PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$421,007,940CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$460,329,753PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$480,992,691CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$31,201PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$13,551,210CYTotalFundraisingExpenseAmt
PY Other Expenses$228,110,607PYOtherExpensesAmt
CY Other Expenses$223,941,756CYOtherExpensesAmt
PY Total Expenses$1,091,883,625PYTotalExpensesAmt
CY Total Expenses$1,125,942,387CYTotalExpensesAmt
PY Revenues Less Expenses$64,048,009PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$47,754,318CYRevenuesLessExpensesAmt
Total Assets BOY$2,826,597,872TotalAssetsBOYAmt
Total Assets EOY$2,967,494,524TotalAssetsEOYAmt
Total Liabilities BOY$695,055,746TotalLiabilitiesBOYAmt
Total Liabilities EOY$688,591,007TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,131,542,126NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,278,903,517NetAssetsOrFundBalancesEOYAmt
MissionROCHESTER INSTITUTE OF TECHNOLOGY (RIT) SHAPES THE FUTURE AND IMPROVES THE WORLD THROUGH CREATIVITY AND INNOVATION. AS AN ENGAGED, INTELLECTUALLY CURIOUS, AND SOCIALLY CONSCIOUS COMMUNITY, RIT LEVERAGES THE POWER OF TECHNOLOGY, THE ARTS, AND DESIGN FOR THE GREATER GOOD.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$782,154,596ExpenseAmt
Grant$408,573,726GrantAmt
Revenue$764,470,162RevenueAmt
DescInstruction and Academic Support - Established in 1829, RIT is one of the world's premier universities with an innovative and creative student body from all fifty states and over 100 nations. RIT total enrollment in Fall 2024 was approximately 21,316, which included approximately 18,140 undergraduate and 3,176 graduate students. Approximately 17,166 students are enrolled at RIT's main campus and the remainder at international locations. RIT is comprised of nine colleges and two degree-granting academic units offering 206 graduate and undergraduate programs. NTID (National Technical Institute for the Deaf), one of RIT's colleges, is the world's first and largest technical institute college for deaf students with approximately 1,176 students from the United States and abroad. Over the preceding 10 years, enrollment has increased from 18,100 students in the Fall of 2014 to 21,316 students in the Fall of 2024, an increase of 17.8%.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$163,198,526ExpenseAmt
Grant$1,932,262GrantAmt
Revenue$101,839,054RevenueAmt
DescStudent and Auxiliary Services - Student services provide students with additional enrichment and educational opportunities. Such services include student health, athletics, and other recreational activities. Auxiliaries provide essential services to students in support of RIT's educational mission. These services include housing operations and dining services. SURPLUSES FROM AUXILIARY SERVICES SUPPORT THE OPERATING BUDGET OF THE UNIVERSITY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$96,472,120ExpenseAmt
Grant$10,501,952GrantAmt
Revenue$6,646,567RevenueAmt
DescResearch and Public Support - RIT engages in public service activities that benefit the general community in which it resides, including training, postsecondary education for the deaf and hard of hearing, and K-12 programs. RIT also conducts research to advance the body of knowledge, enhance student and faculty learning and build its reputation in the scientific and technical communities in support of, or in concert with, the University's exempt mission, while providing positive returns to our sponsoring partners. As articulated in RIT's strategic plan, the University continues to place emphasis on its revenue growth in the research portfolio.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,041,825,242TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsYes (true)InvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document2737IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee12536EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryHRForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members42GoverningBodyVotingMembersCnt
Independent Voting Member38IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Policies Reference ChaptersfalsePoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MILAGROS CONCEPCIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5854752383PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Controller 46 Lomb Memorial DRAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP146235604ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (67 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
DAVID C MUNSON
PRESIDENT40.00.1Yes (X)Yes (X)$1,309,891$0$112,034
FRANK S SKLARSKY
TRUSTEE0.1Yes (X)Yes (X)$0$0$0
JEFFREY K HARRIS
TRUSTEE0.1Yes (X)Yes (X)$0$0$0
SUSAN M PUGLIA
TRUSTEE0.1Yes (X)Yes (X)$0$0$0
SUSAN R HOLLIDAY
TRUSTEE0.1Yes (X)Yes (X)$0$0$0
ANDREW N BRENNEMAN
TRUSTEE0.1Yes (X)$0$0$0
ANDREW R JACOBSON
TRUSTEE0.1Yes (X)$0$0$0
ARTHUR A GOSNELL
TRUSTEE0.10.1Yes (X)$0$0$0
AUSTIN W MCCHORD
TRUSTEE0.1Yes (X)$0$0$0
BRENDA HAYNES
TRUSTEE0.1Yes (X)$0$0$0
BRIAN P O'SHAUGHNESSY
TRUSTEE0.1Yes (X)$0$0$0
BRITTA MACINTOSH
TRUSTEE0.1Yes (X)$0$0$0
BROOKS H BOWER
TRUSTEE0.1Yes (X)$0$0$0
CAROL B CALA
TRUSTEE0.1Yes (X)$0$0$0
CHANCE WRIGHT
TRUSTEE0.1Yes (X)$0$0$0
CHESTER N WATSON
TRUSTEE0.1Yes (X)$0$0$0
CHRISTINE B WHITMAN
TRUSTEE0.1Yes (X)$0$0$0
CHRISTOPHER LEHFELDT
TRUSTEE0.1Yes (X)$0$0$0
CLAYTON P TURNER
TRUSTEE0.1Yes (X)$0$0$0
DALE J DAVIS
TRUSTEE0.1Yes (X)$0$0$0
DARSHAN N HIRANANDANI
TRUSTEE0.10.1Yes (X)$0$0$0
DAVID J BURNS
TRUSTEE0.10.1Yes (X)$0$0$0
DINAH G WEISBERG
TRUSTEE0.10.1Yes (X)$0$0$0
DONALD J TRUESDALE
TRUSTEE0.1Yes (X)$0$0$0
EFRAIN RIVERA
TRUSTEE0.1Yes (X)$0$0$0
GERARD Q PIERCE
TRUSTEE0.1Yes (X)$0$0$0
HYACINTH DRUMMOND
TRUSTEE0.1Yes (X)$0$0$0
JAMES P SWIFT
TRUSTEE0.1Yes (X)$0$0$0
JANE ELLIOTT
TRUSTEE0.1Yes (X)$0$0$0
JEFFREY BENCK
TRUSTEE0.1Yes (X)$0$0$0
JONATHAN BUDINGTON
TRUSTEE0.1Yes (X)$0$0$0
JORGE M RODRIGUEZ
TRUSTEE0.1Yes (X)$0$0$0
KATHY M YU
TRUSTEE0.1Yes (X)$0$0$0
KEVIN J SURACE
TRUSTEE0.1Yes (X)$0$0$0
KIM E VANGELDER
TRUSTEE0.1Yes (X)$0$0$0
MARK G BARBERIO
TRUSTEE0.1Yes (X)$0$0$0
NICHOLAS M SCHNEIDER
TRUSTEE0.1Yes (X)$0$0$0
ORLANDO ORTIZ
TRUSTEE0.1Yes (X)$0$0$0
PAMELA LLOYD-OGOKE
TRUSTEE0.1Yes (X)$0$0$0
RICHARD DAVIS
TRUSTEE0.1Yes (X)$0$0$0
RICK A KITTLES PHD
TRUSTEE0.1Yes (X)$0$0$0
ROBERT W AUGUST
TRUSTEE0.10.1Yes (X)$0$0$0
RONALD L ZARRELLA
TRUSTEE0.1Yes (X)$0$0$0
RONALD S RICOTTA
TRUSTEE0.1Yes (X)$0$0$0
ROOSEVELT MERCER JR
TRUSTEE0.1Yes (X)$0$0$0
SHARON D NAPIER
TRUSTEE0.1Yes (X)$0$0$0
VICTORIA D DECKER
TRUSTEE0.1Yes (X)$0$0$0
GERARD BUCKLEY
PRESIDENT NTID & VP AND DEAN RIT40.0Yes (X)$396,322$0$61,325
JAMES H WATTERS
SVP FINANCE AND ADMINISTRATION40.00.1Yes (X)$685,910$0$57,109
JOHN K TRIERWEILER
VP CHIEF MARKETING OFFICER40.0Yes (X)$359,436$0$59,144
KATHLEEN DAVIS
VP ENROLLMENT MGMT & ASSOC PROVOST40.00.1Yes (X)$344,438$0$61,716
KEITH JENKINS
VP & ASSOCIATE PROVOST FOR ACCESS, ENGAGEMENT, AND SUCCESS40.0Yes (X)$274,325$0$71,588
LISA A CHASE
VP & SECRETARY OF THE UNIVERSITY40.0Yes (X)$270,806$0$52,661
PHILLIP D CASTLEBERRY
VP UNIVERSITY ADVANCEMENT40.0Yes (X)$463,163$0$64,914
PRABU DAVID
PROVOST & SR VP FOR ACADEMIC AFFAIRS40.00.1Yes (X)$545,850$0$50,806
ROBERT COLON
VP & GENERAL COUNSEL40.0Yes (X)$391,539$0$60,860
RYNE RAFFAELLE
VP RESEARCH40.0Yes (X)$396,149$0$54,224
SANDRA S JOHNSON
SVP STUDENT AFFAIRS40.0Yes (X)$385,574$0$66,873
VANESSA J HERMAN
VP FOR GOVT & COMMUNITY RELATIONS40.0Yes (X)$289,733$0$49,023
DONALD F FIGER
PROF AND DIR CENTER FOR DETECTORS40.0$357,848$0$50,656Yes (X)
DOREEN EDWARDS
DEAN COLLEGE OF ENGINEERING40.0$367,899$0$55,518Yes (X)
ERSIN UZUN
KATHERINE JOHNSON ENDOWED EXEC. DIR. GLOBAL CYBERSECURITY INSTITUTE40.0$430,941$0$32,099Yes (X)
JACQUELINE MOZRALL
DEAN SAUNDERS COLLEGE OF BUSINESS40.0$446,139$0$64,255Yes (X)
NABIL Z NASR
ASSOC PROVOST DIR GOLISANO INST OF SUSTAINABILITY40.0$647,725$0$64,987Yes (X)
CHRISTINE M LICATA
VICE PROVOST FOR ACADEMIC AFFAIRS40.0$206,337$0$33,885Yes (X)
COLLEEN F PETERSON
ASSOCIATE VP ENROLLMENT MANAGEMENT40.0$233,678$0$50,299Yes (X)
KAREN A BARROWS
CHIEF OF STAFF40.0$161,293$0$25,223Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,964,996TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,199,199TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K845IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
LECHASE CONSTRUCTION SERVICES LLC
205 INDIGO CREEK DRROCHESTERNY14626CONSTRUCTION SERVICES$32,838,807
DGA BUILDERS LLC
1170 PITTSFORD VICTOR RDPITTSFORDNY14534CONSTRUCTION SERVICES$14,811,830STE 100
CHRISTA CONSTRUCTION LLC
64 COMMERCIAL STROCHESTERNY14614CONSTRUCTION SERVICES$13,838,486SUITE 401
HAMILTON STERN CONSTRUCTION
80 OFFICE PARK WAYPITTSFORDNY145341748CONSTRUCTION SERVICES$3,070,866
ACCENTURE LLP
1 MANHATTAN WNEW YORKNY100018600CONSULTING SERVICES$3,005,149
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K63CntrctRcvdGreaterThan100KCnt
Fundraising$17,150FundraisingAmt
Government Grants$176,424,989GovernmentGrantsAmt
All Other Contributions$34,452,403AllOtherContributionsAmt
Noncash Contributions$6,328,432NoncashContributionsAmt
Total Contributions$210,894,542TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
TUITION900099$772,750,611$772,750,611$0
AUXILIARY SERVICES721000$84,414,795$83,283,782$0$1,131,013
RESEARCH900099$1,139,508$0$1,139,508
NON-CREDIT INSTRUCTION900099$1,198,158$1,198,158$0$0
FEES713990$2,164,875$2,164,875$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,287,836TotalRevenueColumnAmt
Related Or Exempt Func Income$11,204,254RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$83,582ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$872,955,783TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,303,996TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,651,276UnrelatedBusinessRevenueAmt
Exclusion$31,652,720ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,364,164TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,364,164ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$232,770TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$232,770ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$492,324RealAmt
Personal$0PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$843,112RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$350,788RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$350,788TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$350,788ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$375,535,133SecuritiesAmt
Other$107,152OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$329,638,817SecuritiesAmt
Other$790,251OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$45,896,316SecuritiesAmt
Other-$683,099OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$45,213,217TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$118,540UnrelatedBusinessRevenueAmt
Exclusion$45,094,677ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$42,565FundraisingGrossIncomeAmt
Fundraising Direct Expenses$40,728FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,837TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,837ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
RIT Inn and Conference Center721110$3,646,298$0$3,646,298$0
Margaret's House624410$866,528$866,528$0$0
Parking812930$1,805,220$1,805,220$0$0

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,763,138TotalRevenueColumnAmt
Related Or Exempt Func Income$2,119,831RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$643,307UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$9,081,184OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,173,696,705TotalRevenueColumnAmt
Related Or Exempt Func Income$875,393,259RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$6,059,421UnrelatedBusinessRevenueAmt
Exclusion$81,349,483ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$605,539TotalAmt
Program Services$605,539ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$420,402,401TotalAmt
Program Services$420,402,401ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$6,844,167TotalAmt
Program Services$1,534,220ProgramServicesAmt
Management And General$3,625,230ManagementAndGeneralAmt
Fundraising$1,684,717FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$356,196,553TotalAmt
Program Services$322,539,993ProgramServicesAmt
Management And General$27,068,829ManagementAndGeneralAmt
Fundraising$6,587,731FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$25,518,238TotalAmt
Program Services$22,589,205ProgramServicesAmt
Management And General$2,356,558ManagementAndGeneralAmt
Fundraising$572,475FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$68,308,310TotalAmt
Program Services$61,977,361ProgramServicesAmt
Management And General$4,535,578ManagementAndGeneralAmt
Fundraising$1,795,371FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$24,125,423TotalAmt
Program Services$21,356,260ProgramServicesAmt
Management And General$2,227,934ManagementAndGeneralAmt
Fundraising$541,229FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$302,180TotalAmt
Program Services$111,289ProgramServicesAmt
Management And General$190,891ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,725,308TotalAmt
Program Services$449,877ProgramServicesAmt
Management And General$1,269,682ManagementAndGeneralAmt
Fundraising$5,749FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$428,864TotalAmt
Management And General$428,864ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$445,018TotalAmt
Program Services$9,491ProgramServicesAmt
Management And General$427,817ManagementAndGeneralAmt
Fundraising$7,710FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$403,250TotalAmt
Management And General$403,250ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$52,301,001TotalAmt
Program Services$46,413,810ProgramServicesAmt
Management And General$5,747,419ManagementAndGeneralAmt
Fundraising$139,772FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$9,265,048TotalAmt
Program Services$4,213,373ProgramServicesAmt
Management And General$4,959,459ManagementAndGeneralAmt
Fundraising$92,216FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$36,982,065TotalAmt
Program Services$30,835,212ProgramServicesAmt
Management And General$5,822,917ManagementAndGeneralAmt
Fundraising$323,936FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$13,432,800TotalAmt
Program Services$11,209,232ProgramServicesAmt
Management And General$1,626,998ManagementAndGeneralAmt
Fundraising$596,570FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$50,690TotalAmt
Program Services$50,690ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$11,885,212TotalAmt
Program Services$11,119,067ProgramServicesAmt
Management And General$752,734ManagementAndGeneralAmt
Fundraising$13,411FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,325,891TotalAmt
Program Services$10,885,136ProgramServicesAmt
Management And General$1,325,062ManagementAndGeneralAmt
Fundraising$1,115,693FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,714,226TotalAmt
Program Services$1,615,483ProgramServicesAmt
Management And General$82,363ManagementAndGeneralAmt
Fundraising$16,380FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,226,510TotalAmt
Program Services$7,543,428ProgramServicesAmt
Management And General$1,683,082ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$48,245,930TotalAmt
Program Services$43,584,568ProgramServicesAmt
Management And General$4,651,219ManagementAndGeneralAmt
Fundraising$10,143FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,140,462TotalAmt
Program Services$3,867,650ProgramServicesAmt
Management And General$272,812ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Stipend Participant Support$14,196,260$14,196,260
Maintenance and Repairs$8,715,969$7,894,553$821,416
Student Organization Support$2,389,272$2,351,387$37,885
Recruiting Expenses$2,141,992$2,122,474$15,820$3,698

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total-$7,376,192TotalAmt
Program Services-$7,652,717ProgramServicesAmt
Management And General$232,116ManagementAndGeneralAmt
Fundraising$44,409FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,125,942,387TotalAmt
Program Services$1,041,825,242ProgramServicesAmt
Management And General$70,565,935ManagementAndGeneralAmt
Fundraising$13,551,210FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$698,978BOYAmt
EOY$775,777EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$160,695,836BOYAmt
EOY$126,926,749EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$54,991,714BOYAmt
EOY$60,945,450EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$22,790,330BOYAmt
EOY$19,140,498EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,953,690BOYAmt
EOY$1,940,483EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,797,037BOYAmt
EOY$9,519,076EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,761,651,026LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$789,307,760LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$882,458,303BOYAmt
EOY$972,343,266EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$306,077,394BOYAmt
EOY$295,429,045EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,378,503,708BOYAmt
EOY$1,462,165,244EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,630,882BOYAmt
EOY$18,308,936EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,826,597,872BOYAmt
EOY$2,967,494,524EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$82,486,199BOYAmt
EOY$104,199,637EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$32,430,859BOYAmt
EOY$31,440,517EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$301,209,688BOYAmt
EOY$296,299,304EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$133,618,403BOYAmt
EOY$124,118,275EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$145,310,597BOYAmt
EOY$132,533,274EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$695,055,746BOYAmt
EOY$688,591,007EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,429,487,139BOYAmt
EOY$1,518,952,593EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$702,054,987BOYAmt
EOY$759,950,924EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,131,542,126BOYAmt
EOY$2,278,903,517EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,826,597,872BOYAmt
EOY$2,967,494,524EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$47,754,318ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$99,607,073NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$178,263,962CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$213,530,583CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$189,591,175CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$222,184,057CurrentTaxYearMinus1YearAmt
Current Tax Year$210,894,542CurrentTaxYearAmt
Total$1,014,464,319TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$178,263,962CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$213,530,583CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$189,591,175CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$222,184,057CurrentTaxYearMinus1YearAmt
Current Tax Year$210,894,542CurrentTaxYearAmt
Total$1,014,464,319TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$1,014,464,319PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,697,060CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,037,548CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29,809,055CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,718,569CurrentTaxYearMinus1YearAmt
Current Tax Year$34,741,978CurrentTaxYearAmt
Total$138,004,210TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$873,837CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$989,785CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$938,844CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,068,973CurrentTaxYearMinus1YearAmt
Current Tax Year$42,565CurrentTaxYearAmt
Total$3,914,004TotalAmt
FieldValueIRS element (for citing)
Total Support$1,156,382,533TotalSupportAmt
Gross Receipts Rltd Activities$3,591,412,864GrossReceiptsRltdActivitiesAmt
Public Support CY1700.87727PublicSupportCY170Pct
Public Support PY1700.88430PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - COMMISSIONS - BOOKSTORE AND CAMPUS STORE, COLUMN A - 331281.0, COLUMN B - 382432.0, COLUMN C - 103546.0, COLUMN D - 61827.0, COLUMN E - 0.0, COLUMN F - 879086.0; DESCRIPTION - MARGARETS HOUSE, COLUMN A - 497593.0, COLUMN B - 557849.0, COLUMN C - 811589.0, COLUMN D - 979726.0, COLUMN E - 0.0, COLUMN F - 2846757.0; DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 18865.0, COLUMN B - 23957.0, COLUMN C - 22992.0, COLUMN D - 27100.0, COLUMN E - 42565.0, COLUMN F - 135479.0; DESCRIPTION - ALL OTHER REVENUE, COLUMN A - 26098.0, COLUMN B - 25547.0, COLUMN C - 717.0, COLUMN D - 320.0, COLUMN E - 0.0, COLUMN F - 52682.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$483,688FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$483,688FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,041,341,554FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,041,825,242FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$397,390CurrentYearMinus3Amt
Current Year Minus2$419,725CurrentYearMinus2Amt
Current Year Minus1$450,687CurrentYearMinus1Amt
Current Year$483,688CurrentYearAmt
Total$1,751,490TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$0TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Preservation Public UseYes (X)PreservationPublicUseInd
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Total Easements1TotalEasementsCnt
Total Acreage32.0TotalAcreageCnt
Historic Structure Easements0HistoricStructureEasementsCnt
Historic Strctr Easements Aftr0HistoricStrctrEasementsAftrCnt
Modified Easements0ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringfalseWrittenPolicyMonitoringInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$14,477,317AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesEDUCATIONOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,384,518,437BeginningYearBalanceAmt
Contributions$8,812,150ContributionsAmt
Investment Earnings Or Losses$152,694,582InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,478,499GrantsOrScholarshipsAmt
Other Expenditures$58,170,620OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$1,475,376,050EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,282,517,065BeginningYearBalanceAmt
Contributions$27,373,192ContributionsAmt
Investment Earnings Or Losses$135,529,796InvestmentEarningsOrLossesAmt
Grants Or Scholarships$11,796,404GrantsOrScholarshipsAmt
Other Expenditures$49,105,212OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$1,384,518,437EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,256,780,851BeginningYearBalanceAmt
Contributions$15,674,119ContributionsAmt
Investment Earnings Or Losses$61,179,194InvestmentEarningsOrLossesAmt
Grants Or Scholarships$11,104,714GrantsOrScholarshipsAmt
Other Expenditures$40,012,385OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$1,282,517,065EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,302,872,685BeginningYearBalanceAmt
Contributions$17,697,847ContributionsAmt
Investment Earnings Or Losses-$21,210,360InvestmentEarningsOrLossesAmt
Grants Or Scholarships$10,062,546GrantsOrScholarshipsAmt
Other Expenditures$32,516,775OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$1,256,780,851EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$954,031,784BeginningYearBalanceAmt
Contributions$18,330,753ContributionsAmt
Investment Earnings Or Losses$368,607,253InvestmentEarningsOrLossesAmt
Grants Or Scholarships$9,433,384GrantsOrScholarshipsAmt
Other Expenditures$28,663,721OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$1,302,872,685EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.5301BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.4676PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.0023TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,939,062OtherCostOrOtherBasisAmt
Book Value$11,939,062BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,415,406,352OtherCostOrOtherBasisAmt
Depreciation$658,638,374DepreciationAmt
Book Value$756,767,978BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$172,192,224OtherCostOrOtherBasisAmt
Depreciation$130,669,386DepreciationAmt
Book Value$41,522,838BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$162,113,388OtherCostOrOtherBasisAmt
Book Value$162,113,388BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$972,343,266TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (8 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Closely-held equity interests
Financial derivatives
BENEFICIAL INTERESTS IN TRUSTS$2,349,712F
CASH SURRENDER VALUE OF LIFE INSURANCE$204,799F
COMMINGLED EQUITY FUNDS$459,805,544F
COMMINGLED FIXED INCOME FUNDS$142,414,959F
PRIVATE PLACEMENTS$580,875,871F
HEDGE FUNDS$276,514,359F
FieldValueIRS element (for citing)
Total Book Value Securities$1,462,165,244TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
Federal Income Taxes
FEDERAL PERKINS LOAN PROGRAM$4,202,513
ASSET RETIREMENT OBLIGATIONS$28,988,760
ASC 715 POSTRETIREMENT BENEFITS OBLIGATION$92,974,327
RIGHT-OF-USE LEASE OBLIGATION$2,536,839
ALL OTHER$3,830,835
FieldValueIRS element (for citing)
Total Liability$132,533,274TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$0RevenueSubtotalAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$0TotalRevenuePerForm990Amt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$0ExpensesSubtotalAmt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$0TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part II, Line 9 Conservation easements financial reportingIN 2007, THE UNIVERSITY ENTERED INTO A CONSERVATION EASEMENT WITH THE TOWN OF HENRIETTA, NY. THE CONSERVATION EASEMENT IS VALUED AS PART OF THE LAND AND RECORDED IN ROCHESTER INSTITUTE OF TECHNOLOGY'S FINANCIAL STATEMENTS.
Schedule D, Part III, Line 4 Collections of art - description of collectionsTHE UNIVERSITY'S SPECIAL COLLECTIONS INCLUDE MANUSCRIPTS AND CORRESPONDENCE COLLECTIONS ON THE HISTORY AND PRACTICE OF GRAPHIC COMMUNICATION TECHNOLOGIES, HOLDINGS ON BOOKBINDING, PAPERMAKING, TYPE DESIGN, CALLIGRAPHY, AND BOOK ILLUSTRATION. COLLECTIONS ARE AVAILABLE TO STUDENTS, RESEARCHERS, AND THE PUBLIC THROUGH AN ONLINE DATABASE. THE UNIVERSITY CAMPUS IS ALSO HOME TO A COLLECTION OF PUBLIC ART INCLUDING, BUT NOT LIMITED TO, MURALS, PAINTINGS, AND STATUES.
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS, AS DETERMINED BY EITHER DONOR RESTRICTION OR BOARD DESIGNATION, INCLUDE SCHOLARSHIPS, AWARDS, PROFESSORSHIPS, LECTURES, AND OTHER GENERAL SUPPORT OF THE UNIVERSITY'S EDUCATIONAL AND RESEARCH MISSION.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteTHE UNIVERSITY AND ITS CONSOLIDATED U.S. SUBSIDIARIES, EXCLUDING FUND I, ARE TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO THEIR EXEMPT PURPOSES. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME (UBI), AS DEFINED UNDER THE INTERNAL REVENUE CODE. FUND I, A LIMITED LIABILITY COMPANY IN WHICH THE UNIVERSITY IS THE INVESTOR MEMBER, IS TREATED AS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. THE UNIVERSITY EVALUATES ITS TAX POSITIONS IN ACCORDANCE WITH ASC 740, "INCOME TAXES," WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS INCLUDES CONSIDERATION OF ITS TAX-EXEMPT STATUS AND THE CLASSIFICATION OF INCOME AS RELATED OR UNRELATED TO ITS EXEMPT PURPOSE. THE UNIVERSITY HAS CONCLUDED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ONE BIG BEAUTIFUL BILL ACT, ENACTED ON JULY 4, 2025, INTRODUCED CHANGES TO FEDERAL TAX LAW, INCLUDING THE ENDOWMENT EXCISE TAX. MANAGEMENT HAS ASSESSED THE IMPACT AND DETERMINED THERE IS NO MATERIAL EFFECT ON THE UNIVERSITY'S FINANCIAL STATEMENTS OR TAX POSITION.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYITS RACIALLY NON-DISCRIMINATORY POLICY WITH RESPECT TO STUDENT SOLICITATION IS PUBLICIZED IN ALL UNIVERSITY APPLICATIONS, REGISTRATIONS AND OTHER CAMPUS-WIDE PUBLICATIONS. IN ADDITION, RIT PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY EMPLOYMENT POLICIES WHEN RECRUITING FOR OPEN POSITIONS.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTTHE UNIVERSITY IS THE RECIPIENT OF APPROPRIATIONS AND ASSISTANCE FROM THE DEPARTMENT OF EDUCATION TO OPERATE THE NATIONAL TECHNICAL INSTITUTE FOR THE DEAF (NTID), TO SUPPORT THE FEDERAL WORK STUDY AND FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the CaribbeanInvestments$279,354,448
Europe (Including Iceland and Greenland)Investments$68,414,497
North America (Canada & Mexico only)Investments$1,133,712
Middle East and North AfricaInvestments$250,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$349,152,657SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$349,152,657TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-AccrualExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1TIGER OPENEvent1Nm
Gross Receipts Event1$59,715GrossReceiptsEvent1Amt
Charitable Contri Event1$17,150CharitableContriEvent1Amt
Gross Revenue Event1$42,565GrossRevenueEvent1Amt
Non Cash Prizes Event1$1,039NonCashPrizesEvent1Amt
Rent Facility Costs Event1$18,753RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$20,936OtherDirectExpensesEvent1Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$59,715GrossReceiptsTotalAmt
Charitable Contributions Tot$17,150CharitableContributionsTotAmt
Gross Revenue Total Events$42,565GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$1,039NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$18,753RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$20,936OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$40,728DirectExpenseSummaryEventsAmt
Net Income Summary$1,837NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (22 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2TxtAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
AACSB INTERNATIONAL - THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSI
NESS777 S Harbour Island BlvdTampaFL33602436036286501C3$21,600Sponsorship
ALEXANDER GRAHAM BELL ASSOCIATION FOR THE DEAF AND HARD OF HEARING
3417 Volta Place NWWashingtonDC20007530196644501C3$11,000Event Sponsorship
BREAST CANCER COALITION OF ROCHESTER INC
1048 University AvenueRochesterNY14607161541293501C3$7,800General Support
CONFERENCE OF EDUCATIONAL ADMINISTRATORS OF SCHOOLS AND PROGRAMS FOR THE DE
AF800 Florida Ave NEWashingtonDC20002520845428501C3$7,500Event Sponsorship
DISTRIBUTIVE EDUCATION CLUBS OF AMERICA INC
1908 Association DrRestonVA20191530215806501C3$12,981Sponsorship
GRASP INC
PO Box 26741RochesterNY14626161497039501C3$9,001General Support
GREATER ROCHESTER ENTERPRISE FOUNDATION INC
100 Chestnut StRochesterNY14604100000085501C3$13,750General Support
HENRIETTA FIRE DISTRICT
850 Bailey RdW HenriettaNY14586160974231STATE OF NY$45,000General Support
INTERNATIONAL SCULPTURE CENTER INC
14 Fairgrounds RdHamiltonNJ08619222259625501C3$9,000Event Sponsorship
JUNIOR ACHIEVEMENT OF CENTRAL UPSTATE NEW YORK INC
200 West Ridge RoadRochesterNY14615160956147501C3$8,000Sponsorship
LISTEN FOUNDATION INC
6950 E Belleview 203Greenwood VillageCO80111237060754501C3$5,500Event Sponsorship
NATIONAL ASSOCIATION OF THE DEAF
8630 Fenton Street 820Silver SpringMD20910941358295501C3$40,000Event Sponsorship
NATIONAL DEAF INTERSCHOLASTIC ATHLETIC ASSOCIATION
800 Florida Ave NEWashingtonDC20002843633978501C3$10,000Event Sponsorship
NEW YORK BATTERY AND ENERGY STORAGE TECHNOLOGY CONSORTIUM INC
230 Washington Avenue ExtAlbanyNY12203272619304501C6$13,975Event Sponsorship
ROCHESTER MUSEUM AND SCIENCE CENTER
657 East AvenueRochesterNY14607160794131501C3$5,500Sponsorship
ROCHESTER REGIONAL HEALTH FOUNDATION
100 Kings Highway SouthRochesterNY14617222229425501C3$25,000Event Sponsorship
THE SUSAN B ANTHONY HOUSE
17 Madison StreetRochesterNY14608237098699501C3$6,500Sponsorship
CENTER FOR YOUTH SERVICES INC
905 Monroe AvenueRochesterNY14620160992259501C3$7,500Event Sponsorship
THE LEARNING CENTER FOR THE DEAF INC
848 Central StreetFraminghamMA01701237064431501C3$9,356Sponsorship
UNIVERSITY OF ROCHESTER
Box 278893RochesterNY14627160743209501C3$26,250Event Sponsorship
WOMEN IN CYBER SECURITY
370 S Lowe Ave A-244CookevilleTN38501822750482501C3$6,300Event Sponsorship
ITALIAN HERITAGE FOUNDATION OF ROCHESTER
100 Meridian CenterRochesterNY14618161318224501C3$5,250Event Sponsorship325
FieldValueIRS element (for citing)
Total501c3 Org20Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIP15783$404,153,390
GRADUATE RESEARCH ASSISTANT STIPENDS568$11,520,694
FELLOWSHIPS38$558,466
STUDENT LEADER/ENTREPRENEUR STIPENDS457$728,276

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule I, Part III NUMBER OF RECIPIENTSTHE UNIVERSITY ESTIMATES THE NUMBER OF RECIPIENTS FROM RECORDS MAINTAINED IN OUR FINANCIAL AID (SCHOLARSHIPS) AND ACCOUNTS PAYABLE SYSTEM (GRADUATE RESEARCH ASSISTANCE STIPENDS, FELLOWSHIPS AND STUDENT LEADERS AND ENTREPRENEURS) WHICH HAVE BEEN CLASSIFIED BY THE TYPE OF ASSISTANCE.
Schedule I, Part I, Line 2 Procedures for monitoring use of grant fundsSCHOLARSHIPS, FELLOWSHIPS, AND OTHER STUDENT RELATED FINANCIAL AID MUST BE USED FOR EDUCATIONAL PURPOSES. SCHOLARSHIPS AND GRANTS ARE CREDITED DIRECTLY TO STUDENT ACCOUNTS THROUGH AN AUTOMATED SYSTEM AUTHORIZED BY THE UNIVERSITY'S OFFICE OF FINANCIAL AID AND SCHOLARSHIPS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (true)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID C MUNSON
PRESIDENT$1,008,913$0$60,684$0$240,294$0$31,050$0$80,984$0$1,421,925$0$0$0
KAREN A BARROWS
CHIEF OF STAFF$155,954$0$0$0$5,339$0$15,802$0$9,421$0$186,516$0$0$0
COLLEEN F PETERSON
ASSOCIATE VP ENROLLMENT MANAGEMENT$186,755$0$0$0$46,923$0$19,728$0$30,571$0$283,977$0$0$0
CHRISTINE M LICATA
VICE PROVOST FOR ACADEMIC AFFAIRS$201,847$0$0$0$4,490$0$20,756$0$13,129$0$240,222$0$0$0
JAMES H WATTERS
SVP FINANCE AND ADMINISTRATION$640,766$0$27,062$0$18,082$0$34,500$0$22,609$0$743,019$0$0$0
RYNE RAFFAELLE
VP RESEARCH$392,222$0$0$0$3,927$0$34,500$0$19,724$0$450,373$0$0$0
SANDRA S JOHNSON
SVP STUDENT AFFAIRS$379,123$0$4,668$0$1,783$0$31,050$0$35,823$0$452,447$0$0$0
KEITH JENKINS
VP & ASSOCIATE PROVOST FOR ACCESS, ENGAGEMENT, AND SUCCESS$268,151$0$0$0$6,174$0$28,090$0$43,498$0$345,913$0$0$0
GERARD BUCKLEY
PRESIDENT NTID & VP AND DEAN RIT$388,171$0$0$0$8,151$0$34,500$0$26,825$0$457,647$0$0$0
JOHN K TRIERWEILER
VP CHIEF MARKETING OFFICER$346,413$0$0$0$13,023$0$31,050$0$28,094$0$418,580$0$0$0
LISA A CHASE
VP & SECRETARY OF THE UNIVERSITY$267,919$0$0$0$2,887$0$27,689$0$24,972$0$323,467$0$0$0
ROBERT COLON
VP & GENERAL COUNSEL$388,884$0$0$0$2,655$0$34,500$0$26,360$0$452,399$0$0$0
VANESSA J HERMAN
VP FOR GOVT & COMMUNITY RELATIONS$288,600$0$0$0$1,133$0$26,493$0$22,530$0$338,756$0$0$0
PRABU DAVID
PROVOST & SR VP FOR ACADEMIC AFFAIRS$527,467$0$16,755$0$1,628$0$31,050$0$19,756$0$596,656$0$0$0
KATHLEEN DAVIS
VP ENROLLMENT MGMT & ASSOC PROVOST$330,777$0$0$0$13,661$0$30,946$0$30,770$0$406,154$0$0$0
PHILLIP D CASTLEBERRY
VP UNIVERSITY ADVANCEMENT$456,579$0$0$0$6,584$0$31,050$0$33,864$0$528,077$0$0$0
NABIL Z NASR
ASSOC PROVOST DIR GOLISANO INST OF SUSTAINABILITY$508,472$0$0$0$139,253$0$34,500$0$30,487$0$712,712$0$0$0
JACQUELINE MOZRALL
DEAN SAUNDERS COLLEGE OF BUSINESS$407,605$0$0$0$38,534$0$34,500$0$29,755$0$510,394$0$0$0
DONALD F FIGER
PROF AND DIR CENTER FOR DETECTORS$309,711$0$0$0$48,137$0$23,870$0$26,786$0$408,504$0$0$0
DOREEN EDWARDS
DEAN COLLEGE OF ENGINEERING$366,112$0$0$0$1,787$0$31,050$0$24,468$0$423,417$0$0$0
ERSIN UZUN
KATHERINE JOHNSON ENDOWED EXEC. DIR. GLOBAL CYBERSECURITY INSTITUTE$367,028$0$0$0$63,913$0$28,865$0$3,234$0$463,040$0$0$0

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a First-class or charter travelThe President, officers, and select highly compensated individuals are required to travel extensively for RIT matters. Due to the amount of travel and the need to coordinate trips with the many other commitments for their positions, the University pays for business class air travel (or its equivalent) for international travel and business/first class travel (or its equivalent) for domestic travel over three hours when these select individuals travel for University business.
Schedule J, Part I, Line 1a Travel for companionsWHEN BUSINESS CIRCUMSTANCES WARRANT, THE UNIVERSITY MAY PAY FOR TRAVEL FOR COMPANIONS OF THE OFFICERS AND/OR HIGHLY COMPENSATED EMPLOYEES WHEN THEIR GUEST IS A FAMILY MEMBER, WHETHER OR NOT FOR BONA FIDE BUSINESS PURPOSES. THE PERSONAL USE PORTION OF THE BENEFIT IS TREATED AS TAXABLE COMPENSATION AND ADDED TO THE EMPLOYEES' FORM W-2.
Schedule J, Part I, Line 1a Housing allowance or residence for personal useDUE TO THE NUMBER OF UNIVERSITY-RELATED ACTIVITIES THAT THE PRESIDENT IS REQUIRED TO HOST, HE IS REQUIRED TO LIVE IN A HOME OWNED AND MAINTAINED BY THE UNIVERSITY. THIS BENEFIT IS NOT DEEMED TO BE TAXABLE COMPENSATION.
Schedule J, Part I, Line 1a Health or social club dues or initiation feesTHE UNIVERSITY PAYS SOCIAL CLUB INITIATION FEES AND DUES FOR SELECT OFFICERS AND/OR HIGHLY COMPENSATED EMPLOYEES. THE PERSONAL USE PORTION OF THE BENEFIT IS TREATED AS TAXABLE COMPENSATION AND ADDED TO THE EMPLOYEES' FORM W-2.
Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expensesEACH OF THE BENEFITS INDICATED IS AVAILABLE TO THE PRESIDENT; CERTAIN OF THESE BENEFITS ARE AVAILABLE TO SELECT OFFICERS AND HIGHLY COMPENSATED EMPLOYEES. AMOUNTS CONSIDERED TAXABLE ARE REPORTED COMPENSATION INCLUDED ON THE EMPLOYEES' FORM W-2. SINCE THESE BENEFITS ARE LIMITED TO VERY FEW INDIVIDUALS, A WRITTEN POLICY IS NOT CONSIDERED NECESSARY; HOWEVER, THE UNIVERSITY HAS SPECIFIC WRITTEN POLICIES PERTAINING TO TRAVEL EXPENDITURES AND PAYMENTS/REIMBURSEMENTS.
Schedule J, Part I, Line 5a Compensation contingent on revenues of the organizationA PORTION OF AN INDIVIDUAL'S COMPENSATION REPORTED IN SCHEDULE J IS BASED ON PRE-DETERMINED ANNUAL PERFORMANCE METRICS, WITH GROSS REVENUES AS ONE OF THE COMPONENTS.
Schedule J, Part I, Line 3 METHODS USED TO ESTABLISH COMPENSATIONTHE UNIVERSITY UTILIZES EACH OF THE METHODS LISTED IN SCHEDULE J, PART I, LINE 3 ON AN ANNUAL BASIS WITH THE EXCEPTION OF REVIEWING FORM 990 OF OTHER ORGANIZATIONS EVERY OTHER YEAR. IN THE YEAR THAT 990 OF OTHER ORGANIZATIONS ARE NOT REVIEWED BY THE UNIVERSITY, A BROADER COMPENSATION SURVEY OR STUDY IS CONDUCTED.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DASNY RIT Series 2019A
A14600029364990GTN22019-10-08$143,479,011THE SHED & MUSICAL PERFORMANCE THEATER CONSTRUCTION; FACILITY RENOVATIONS & EXPANSION; REFINANCINGfalsefalsefalse
DASNY RIT Series 2020A
B14600029364990GUV22020-04-03$57,366,744REFUNDING A PORTION OF SERIES 2010 BONDSfalsefalsefalse
DASNY RIT SERIES 2022A
C14600029365000BWK02022-12-13$120,985,145RESEARCH BUILDING & ATHLETIC STADIUM CONSTRUCTION; RESIDENCE HALLS RENOVATION; CAMPUS IMPROVEMENTSfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$0$0$148,176,436$0$0$0$647,850$0$0$124,858,711$22,669,875$0falsefalseYes (true)Yes (true)
B$12,120,000$0$57,371,208$0$0$0$341,939$0$0$0$57,029,269$0Yes (true)falseYes (true)Yes (true)
C$0$0$130,938,717$0$0$0$864,747$0$0$89,053,533$125,000$40,895,437falsefalsefalseYes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalseYes (true)Yes (true)falseYes (true)false0.00010.00.0001falsefalse0falseYes (true)
BfalseYes (true)Yes (true)falseYes (true)false0.00010.00.0001falsefalse0falseYes (true)
CfalseYes (true)Yes (true)falseYes (true)false0.00020.00.0002falsefalse0falseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalsefalsefalseYes (true)falsefalse0falsefalsefalse0falseYes (true)Yes (true)
BfalsefalsefalseYes (true)falsefalse0falsefalsefalse0falsefalseYes (true)
CfalseYes (true)falsefalsefalsefalse0falsefalsefalse0falseYes (true)Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part II, Line 3 LINES 3A, 3B, 3C RESPECTIVELYTOTAL PROCEEDS OF ISSUE, INCLUDES INVESTMENT PROCEEDS OF: 2019A: $4,697,425; 2020A: $4,464 AND 2022A: $9,953,573 RESPECTIVELY.
Schedule K, Part II, Line 11 LINE 11A, SERIES 2019AOTHER SPENT PROCEEDS INCLUDES $47,311 FOR ISSUER/DASNY FEES AND $22,622,564 FOR REFINANCING OF TAXABLE BANK LOAN.
Schedule K, Part II, Line 11 LINE 11B, SERIES 2020AOTHER SPENT PROCEEDS INCLUDES $57,029,269 TO LEGALLY DEFEASE A PORTION OF SERIES 2010 BONDS WITH A REDEMPTION DATE OF JULY 1, 2020.
Schedule K, Part II, Line 7 LINE 7C, SERIES 2019AORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $647,120 WERE ADJUSTED FOR $1,082 OF UNUSED PROCEEDS, NET OF INVESTMENT EARNINGS FOR A TOTAL ADJUSTMENT OF $730.
Schedule K, Part II, Line 7 LINE 7D, SERIES 2020AORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $337,475, WERE ADJUSTED FOR $9,761 OF UNUSED PROCEEDS NET OF INVESTMENT EARNINGS FOR A TOTAL ADJUSTMENT OF $4,464.
Schedule K, Part II, Line 11 LINE 11C, SERIES 2022AOTHER SPENT PROCEEDS INCLUDES $125,000 FOR ISSUER/DASNY FEES.
Schedule K, Part II, Line 7 LINE 7E, SERIES 2022AORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $860,145, WERE ADJUSTED FOR NET INVESTMENT EARNINGS FOR A TOTAL ADJUSTMENT OF $4,603.
Schedule K, Part IV, Line 2c COLUMN AIssuer name: DASNY, RIT Series 2019A The calculation for computing no rebate due was performed on 10/08/2024
Schedule K, Part IV, Line 2c COLUMN BIssuer name: DASNY, RIT Series 2020A The calculation for computing no rebate due was performed on 10/08/2024

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Cash Grant$56,324CashGrantAmt
Type Of AssistanceTUITION WAIVERTypeOfAssistanceTxt
Assistance PurposeGENERAL SUPPORTAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (7 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
REDCOM LABORATORIES INC
TRUSTEE, DINAH G WEISBERG, CEO OF REDCOM LABORATORIES, INC, WITH OWNERSHIP > 35% OF THE COMPANY$151,253REDCOM LABORATORIES, INC REPAIRED AND CALIBRATED SCIENTIFIC EQUIPMENT FOR RIT. THE CONTRACT WAS AWARDED FOLLOWING THE UNIVERSITY'S COMPETITIVE BIDDING PROCESS CONSISTENT WITH THE PROCUREMENT POLICY REQUIREMENTS.false
DEVON WATTERS
FAMILY MEMBER OF OFFICER$64,848PAYMENT OF COMPENSATIONfalse
KRISTAL JENKINS
FAMILY MEMBER OF OFFICER$13,553PAYMENT OF COMPENSATIONfalse
MCLEAN BULMER
FAMILY MEMBER OF TRUSTEE$94,512PAYMENT OF COMPENSATIONfalse
THERESE HANNIGAN
FAMILY MEMBER OF OFFICER$196,383PAYMENT OF COMPENSATIONfalse
LARRY BUCKLEY
FAMILY MEMBER OF OFFICER$225,227PAYMENT OF COMPENSATIONfalse
Denishea Ortiz
FAMILY MEMBER OF TRUSTEE$42,875PAYMENT OF COMPENSATIONfalse

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Contribution1ContributionCnt
Noncash Contributions Rpt F990$40,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Contribution115ContributionCnt
Noncash Contributions Rpt F990$5,352,646NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment25$758,750Market value
Yes (X)Consumables10$177,036Market value
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I LINES 1-28, COLUMN BTHE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributionsTHE UNIVERSITY WILL, ON OCCASION CONTRACT WITH A THIRD PARTY FOR THE PURPOSE OF DISPOSING OF CONTRIBUTED ASSETS THAT IT DOES NOT HAVE FURTHER USE FOR AND WHICH ARE OF A SPECIALIZED NATURE.
Schedule M, Part I Explanations of reporting method for number of contributionsSecurities - Publicly traded - Number of contributions Other - Equipment Number of contributions Other - Consumables Number of contributions Art - Works of art - Number of Contributions

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsCOMPLEMAR PARTNERS INC: SUSAN R HOLLIDAY (BOARD MEMBER) AND CHRISTINE B WHITMAN (EXECUTIVE CHAIRMAN) - Business relationship, FINANCIAL INSTITUTIONS INC (AKA FIVE STAR BANK): SUSAN HOLLIDAY (BOARD CHAIR) AND KIM VANGELDER (DIRECTOR) - Business relationship, TOKENIZE: KEVIN SURACE (BOARD CHAIR) AND CHRISTINE WHITMAN (BOARD MEMBER) - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing bodyPRIOR TO FILING THE RETURN, THE PREPARED RIT FORM 990 WAS PROVIDED TO THE MEMBERS OF THE RISK AND AUDIT COMMITTEE AND SUBSEQUENTLY PRESENTED FOR REVIEW AT A REGULARLY SCHEDULED COMMITTEE MEETING. PRIOR TO FILING THE RETURN, IT WAS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES VIA A SECURED WEBSITE.
Form 990, Part VI, Line 12c Conflict of interest policyTHE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES. ALL TRUSTEES AND OFFICERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE. ADDITIONALLY, ON AN ANNUAL BASIS, THE SECRETARY OF THE UNIVERSITY DISTRIBUTES A CONFLICT OF INTEREST DISCLOSURE FORM TO ALL TRUSTEES AND OFFICERS, SOLICITING DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICTS. UPON RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST, THE SECRETARY OF THE UNIVERSITY WILL ARRANGE FOR THE CONFLICT OF INTEREST COMMITTEE, A SUBCOMMITTEE OF THE RISK AND AUDIT COMMITTEE, TO CONSIDER THE MATERIAL FACTS CONCERNING THE FAIRNESS AND BUSINESS CASE OF THE PROPOSED CONTRACT OR TRANSACTION. THE COMMITTEE SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE UNIVERSITY. IN ANY EVENT, SUCH MEMBERS WILL NEITHER VOTE NOR DISCHARGE THEIR DUTIES WITH RESPECT TO ANY MATTER CONCERNING A CONFLICT. THE COMMITTEE SHALL SET FORTH THE BASIS FOR ITS DECISION WITH RESPECT TO APPROVAL OF CONTRACTS OR TRANSACTIONS INVOLVING CONFLICTS OF INTEREST IN THE MINUTES OF THE MEETING AT WHICH THE DECISION IS MADE, INCLUDING THE BASIS FOR DETERMINING THAT THE CONSIDERATION TO BE PAID IS FAIR TO THE UNIVERSITY. THE INDIVIDUAL CONFLICT OF INTEREST AND COMMITMENT (ICIC) POLICY REQUIRES ALL REGULAR RIT FACULTY AND STAFF TO DISCLOSE POTENTIAL, REAL, OR PERCEIVED CONFLICTS OF INTEREST OR COMMITMENT ANNUALLY TO THEIR IMMEDIATE SUPERVISOR. ADDITIONALLY, THE ICIC POLICY REQUIRES THAT EMPLOYEES SUBMIT AN ANNUAL DISCLOSURE AND/OR A DISCLOSURE WHEN CIRCUMSTANCES CHANGE THAT MAY CREATE A POTENTIAL, REAL, OR PERCEIVED CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialTHE EXECUTIVE COMPENSATION COMMITTEE SHALL DECIDE UPON MATTERS OF EXECUTIVE SALARY AND BENEFITS, AND ANNUALLY SHALL REVIEW THE COMPENSATION OF THE OFFICERS OF THE UNIVERSITY, MAKING A RECOMMENDATION CONCERNING THE SAME TO THE EXECUTIVE COMMITTEE FOR ITS FINAL APPROVAL. THE PRESIDENT ANNUALLY WILL MEET WITH THE EXECUTIVE COMPENSATION COMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE OFFICERS OF THE UNIVERSITY OTHER THAN THE PRESIDENT, AND A PROPOSAL FOR THEIR COMPENSATION. THE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY WILL MEET WITH THE EXECUTIVE COMPENSATION COMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE PRESIDENT AND A PROPOSAL FOR THE PRESIDENT'S COMPENSATION. BIENNIALLY THE EXECUTIVE COMPENSATION COMMITTEE UTILIZES VARIOUS TOOLS TO REVIEW THE COMPENSATION FOR THE OFFICERS: INDEPENDENT CONSULTANT AND COMPENSATION SURVEY BASED ON A SALARY ANALYSIS OF COMPARABLE POSITIONS IN LIKE CIRCUMSTANCES.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesTHE EXECUTIVE COMPENSATION COMMITTEE REVIEWS THE PROPOSED SALARIES OF THE FOLLOWING POSITIONS: PRESIDENT; PROVOST AND SVP ACADEMIC AFFAIRS; SVP FINANCE AND ADMINISTRATION; VP ENROLLMENT MANAGEMENT; VP RESEARCH; VP UNIVERSITY ADVANCEMENT; SVP STUDENT AFFAIRS; PRESIDENT NTID & VP AND DEAN RIT; VP GOVT AND COMMUNITY RELATIONS; VP CHIEF MARKETING OFFICER; VP & GENERAL COUNSEL; VP & SECRETARY OF THE INSTITUTE; AND VP & ASSOC PROVOST FOR ACCESS, ENGAGEMENT, AND SUCCESS. THE EXECUTIVE COMPENSATION COMMITTEE SHALL SET FORTH THE BASIS FOR ITS DECISIONS WITH RESPECT TO COMPENSATION IN THE MINUTES OF THE MEETING AT WHICH THE DECISIONS ARE MADE, INCLUDING THE PRIMARY CONCLUSIONS OF THE EVALUATION AND THE BASIS FOR DETERMINING THAT THE INDIVIDUAL'S COMPENSATION WAS REASONABLE IN LIGHT OF THE EVALUATION AND COMPARABILITY DATA. THE EXECUTIVE COMPENSATION COMMITTEE REPORTS ANNUALLY TO THE EXECUTIVE COMMITTEE CONCERNING THE EVALUATION OF OFFICERS AND A PROPOSAL FOR THE ESTABLISHMENT OF THEIR COMPENSATION.
Form 990, Part VI, Line 19 Required documents available to the publicTHE FOLLOWING DOCUMENTS ARE AVAILABLE AT THE UNIVERSITY'S WEBSITE AT WWW.RIT.EDU: 1) LIST OF MEMBERS OF THE BOARD OF TRUSTEES; 2) CONSOLIDATED AUDITED FINANCIAL STATEMENTS; AND 3) UNIVERSITY POLICY AND PROCEDURES INFORMATION AND RESOURCES. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
Form 990, Part VII, Section A LINE 20CHRISTINE M LICATA (FORMER OFFICER) - FORMER INTERIM PROVOST UNTIL AUGUST 2023, CURRENTLY VICE PROVOST FOR ACADEMIC AFFAIRS.
Form 990, Part VII, Section A LINE 21KAREN A BARROWS (FORMER OFFICER) - FORMER SECRETARY OF THE INSTITUTE UNTIL MARCH 2020, CURRENTLY CHIEF OF STAFF.
Form 990, Part VII, Section A LINE 19COLLEEN F PETERSON (FORMER OFFICER) - FORMER INTERIM VP ENROLLMENT MANAGEMENT UNTIL SEPTEMBER 2023, CURRENTLY ASSOCIATE VP ENROLLMENT MANAGEMENT.
Form 990, Part VIII, Line 2f Other Program Service RevenueAll other Program Services Revenue - Total Revenue: 11287836, Related or Exempt Function Revenue: 11204254, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 83582;
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueOther - Total Revenue: 2763138, Related or Exempt Function Revenue: 2119831, Unrelated Business Revenue: 643307, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Schedule A, Part II, Line 10 Line 10IN FISCAL YEAR 2025, THE UNIVERSITY MODIFIED ITS PRESENTATION OF ITEMS ON SCHEDULE A. THIS CHANGE DID NOT MATERIALLY AFFECT THE COMPUTATION OF PUBLIC SUPPORT PERCENTAGE.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
5257 W HENRIETTA ROAD LLC
5257 W HENRIETTA RDHENRIETTANY14586161609483OWN REAL PROPERTYNY$7,007,368$22,020,907ROCHESTER INSTITUTE OF TECHNOLOGY
RIT VENTURE FUND I LLC
5 LOMB MEMORIAL DRIVEROCHESTERNY14623455183880INVESTMENTSDE$504$199,804ROCHESTER INSTITUTE OF TECHNOLOGY
RIT VF ARC HOLDINGS LLC
7 LOMB MEMORIAL DRIVEROCHESTERNY14623455183880INVESTMENTSNY$0$0RIT Venture Fund I LLC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
RIT GLOBAL DELIVERY CORPORATION
CONTROLLER 46 LOMB MEMORIAL DRROCHESTERNY146235604201151703EDUCATIONAL PURPOSESNY501(c)(3)11ROCHESTER INSTITUTE OF TECHNOLOGYfalse
RIT CAMPUS CLUB INC
CONTROLLER 46 LOMB MEMORIAL DRROCHESTERNY146235604161201526SUPPORT RITNY501(c)(3)11ROCHESTER INSTITUTE OF TECHNOLOGYfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (true)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
RIT CAMPUS CLUB INC
A$658,637FMV
RIT CAMPUS CLUB INC
L$3,517,878FMV
RIT CAMPUS CLUB INC
R$1,195,520FMV
RIT GLOBAL DELIVERY CORPORATION
S$878,585FMV

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule R, Part I, Column (a) RIT VF ARC HOLDINGS LLCRIT VF ARC HOLDINGS LLC, A DISREGARDED ENTITY OF RIT VENTURE FUND I LLC
Schedule R, Part I, Column (f) RIT VF ARC HOLDINGS LLCDuring 2025, all assets and liabilities of RIT VF ARC HOLDINGS LLC were transferred to RIT Venture Fund I LLC and a voluntary dissolution of the company was completed.