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RHODE ISLAND SCHOOL OF DESIGN: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
RHODE ISLAND SCHOOL OF DESIGN (EIN 05-0258956)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-15
IRS object ID
202401369349315055
Schema version
2022v5.0
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)
Return2024-05-15T15:56:42-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11570 FRUITVILLE PIKE SUITE 400AddressLine1Txt
CityLANCASTERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17601ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050258956EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RHODE ISLAND SCHOOL OF DESIGNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRHODBusinessNameControlTxt
Phone4014546474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 WASHINGTON PLACEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS MATTOSPersonNm
Person TitleSENIOR VP, FINANCE & ADMIN.PersonTitleTxt
Phone4014546474PhoneNum
Signature2024-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTHOMASPersonFirstNm
Person LastMATTOSPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKERRI N BOGDA CPAPreparerPersonNm
PTINP00760402PTIN
Phone7177404863PhoneNum
Preparation2024-05-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCRYSTAL WILLIAMSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 WASHINGTON PLACEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$233,130,766GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RISD.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1877FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionTO EDUCATE ITS STUDENTS AND THE PUBLIC IN THE CREATION AND APPRECIATION OF ART AND DESIGN.ActivityOrMissionDesc
Voting Members Governing Body32VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee3515TotalEmployeeCnt
Total Volunteers4252TotalVolunteersCnt
Total Gross UBI$311,911TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$65,073NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$19,679,890PYContributionsGrantsAmt
CY Contributions Grants$16,002,179CYContributionsGrantsAmt
PY Program Service Revenue$179,171,213PYProgramServiceRevenueAmt
CY Program Service Revenue$187,784,480CYProgramServiceRevenueAmt
PY Investment Income$26,522,848PYInvestmentIncomeAmt
CY Investment Income$24,544,313CYInvestmentIncomeAmt
PY Other Revenue$96,088PYOtherRevenueAmt
CY Other Revenue$474,924CYOtherRevenueAmt
PY Total Revenue$225,470,039PYTotalRevenueAmt
CY Total Revenue$228,805,896CYTotalRevenueAmt
PY Grants And Similar Paid$35,507,324PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$35,160,155CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$102,351,227PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$111,297,541CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$396,736PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$105,760CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$10,020,817CYTotalFundraisingExpenseAmt
PY Other Expenses$67,450,622PYOtherExpensesAmt
CY Other Expenses$74,292,077CYOtherExpensesAmt
PY Total Expenses$205,705,909PYTotalExpensesAmt
CY Total Expenses$220,855,533CYTotalExpensesAmt
PY Revenues Less Expenses$19,764,130PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,950,363CYRevenuesLessExpensesAmt
Total Assets BOY$709,047,420TotalAssetsBOYAmt
Total Assets EOY$714,113,370TotalAssetsEOYAmt
Total Liabilities BOY$228,513,748TotalLiabilitiesBOYAmt
Total Liabilities EOY$218,917,916TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$480,533,672NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$495,195,454NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF RHODE ISLAND SCHOOL OF DESIGN, THROUGH ITS COLLEGE AND MUSEUM, IS TO EDUCATE ITS STUDENTS AND THE PUBLIC IN THE CREATION AND APPRECIATION OF WORKS OF ART AND DESIGN, TO DISCOVER AND TRANSMIT KNOWLEDGE AND TO MAKE LASTING CONTRIBUTIONS TO A GLOBAL SOCIETY THROUGH CRITICAL THINKING, SCHOLARSHIP AND INNOVATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$171,276,463ExpenseAmt
Grant$35,160,155GrantAmt
Revenue$183,083,169RevenueAmt
DescEDUCATION - RHODE ISLAND SCHOOL OF DESIGN WAS FOUNDED IN 1877, MAKING IT ONE OF THE FIRST ART AND DESIGN SCHOOLS IN THE US. APPROXIMATELY 2,500 STUDENTS FROM AROUND THE WORLD ARE ENGAGED IN LIBERAL ART STUDIES AND RIGOROUS, STUDIO-BASED LEARNING AT RISD, WHERE THEY CHOOSE FROM 21 STUDIO MAJORS AND EARN BACHELOR'S OR MASTER'S DEGREES IN THE FINE ARTS, ARCHITECTURE OR ART EDUCATION. EACH YEAR, APPROXIMATELY THAN 4,600 CHILDREN AND ADULTS ALSO ACCESS OUR SPECIALIZED STUDIO FACILITIES THROUGH RISD CONTINUING EDUCATION COURSES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$12,678,540ExpenseAmt
Grant$0GrantAmt
Revenue$791,536RevenueAmt
DescMUSEUM - THE RISD MUSEUM WAS FOUNDED ON THE BELIEF THAT ART, ARTISTS, AND THE INSTITUTIONS THAT SUPPORT THEM PLAY PIVOTAL ROLES IN PROMOTING BROAD CIVIC ENGAGEMENT AND CREATING MORE OPEN SOCIETIES. THE RISD MUSEUM EDUCATES AND INSPIRES STUDENTS AND THE PUBLIC THROUGH EXHIBITIONS, LECTURES, TOURS, WORKSHOPS AND PUBLICATIONS AND PROVIDES FREE ACCESS TO DIGITAL IMAGES OF PUBLIC DOMAIN MATERIALS IN THE COLLECTION FOR ANY PURPOSE. WE WANT OUR COLLECTION, SCHOLARSHIP, AND INTERPRETIVE CONTENT TO BE ACCESSED, DISTRIBUTED, AND REUSED BY EVERYONE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$183,955,003TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2923IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee3515EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members32GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
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 FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTHOMAS MATTOS AVP OF FINANCECONTRPersonNm
Phone4014546649PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 WASHINGTON PLACEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ROSANNE SOMERSON
PRESIDENT EMERITUS50.001.00Yes (X)Yes (X)$563,381$0$50,750
MICHAEL H SPALTER
TRUSTEE/CHAIR OF BOARD2.000.00Yes (X)Yes (X)$0$0$0
HILLARY BLUMBERG
TRUSTEE/VICE CHAIR OF BOARD2.000.00Yes (X)Yes (X)$0$0$0
ILENE CHAIKEN
TRUSTEE/VICE CHAIR OF BOARD2.000.00Yes (X)Yes (X)$0$0$0
KAREN HAMMOND
TRUSTEE/VICE CHAIR OF BOARD2.001.00Yes (X)Yes (X)$0$0$0
JON KAMEN
TRUSTEE/VICE CHAIR OF BOARD2.000.00Yes (X)Yes (X)$0$0$0
TAVARES STRACHAN
TRUSTEE/VICE CHAIR OF BOARD2.000.00Yes (X)Yes (X)$0$0$0
MARGARET A WILLIAMS
TRUSTEE/VICE CHAIR OF BOARD2.000.00Yes (X)Yes (X)$0$0$0
HE SHEIKHA AL MAYASSA BINT HAMAD BI
TRUSTEE2.000.00Yes (X)$0$0$0
ASHLEIGH AXIOS
TRUSTEE2.000.00Yes (X)$0$0$0
DAVID C BARCLAY
TRUSTEE2.000.00Yes (X)$0$0$0
CAROLINE BAUMANN
TRUSTEE2.000.00Yes (X)$0$0$0
GABRIELLE BULLOCK
TRUSTEE2.000.00Yes (X)$0$0$0
J SCOTT BURNS
TRUSTEE2.000.00Yes (X)$0$0$0
NORMAN CHAN
TRUSTEE2.000.00Yes (X)$0$0$0
DONALD CHOI
TRUSTEE2.000.00Yes (X)$0$0$0
ERICA DI BONA
TRUSTEE2.000.00Yes (X)$0$0$0
ROBERT A DIMUCCIO
TRUSTEE2.000.00Yes (X)$0$0$0
MICHELLE EBANKS
TRUSTEE2.000.00Yes (X)$0$0$0
SHEPARD FAIREY
TRUSTEE2.000.00Yes (X)$0$0$0
FABIAN FONDRIEST
TRUSTEE2.000.00Yes (X)$0$0$0
JOE GEBBIA
TRUSTEE2.000.00Yes (X)$0$0$0
ROBERT W GLASS
TRUSTEE2.000.00Yes (X)$0$0$0
VIKRAM KIRLOSKAR
TRUSTEE2.000.00Yes (X)$0$0$0
DAVID LEE
TRUSTEE2.000.00Yes (X)$0$0$0
MARY LOVEJOY
TRUSTEE2.000.00Yes (X)$0$0$0
NICOLE J MILLER
TRUSTEE2.000.00Yes (X)$0$0$0
STACEY NICHOLAS
TRUSTEE2.000.00Yes (X)$0$0$0
MICHAEL ROCK
TRUSTEE2.000.00Yes (X)$0$0$0
WILLIAM SCHWEIZER
TRUSTEE2.000.00Yes (X)$0$0$0
SHAHZIA SIKANDER
TRUSTEE2.000.00Yes (X)$0$0$0
TODD WATERBURY
TRUSTEE2.000.00Yes (X)$0$0$0
RENEE BYAS
GENERAL COUNSEL50.000.00Yes (X)$269,772$0$31,378
DAVID R PROULX
SVP FIN & ADMIN (UNTIL 7/22)50.001.00Yes (X)$217,426$0$4,996
STEVEN J MCDONALD
GENERAL COUNSEL (UNTIL 09/22)50.000.00Yes (X)$8,833$0$0
CRYSTAL WILLIAMS
PRESIDENT50.000.00Yes (X)$412,115$0$25,329
ANAIS A MISSAKIAN
INTERIM PROVOST50.000.00$225,424$0$21,167Yes (X)
O'NEIL ANDREW SUNIL OUTAR
VP INSTITUTIONAL ADVANCEMENT50.000.00$378,467$0$41,311Yes (X)
KENT KLEINMAN
PROVOST (UNTIL 07/22)50.000.00$179,543$0$22,123Yes (X)
JAMES PAUL O'HARA
VP, ENROLLMENT (UNTIL 07/22)50.000.00$280,036$0$20,522Yes (X)
CANDACE BAER
VP HUMAN RESOURCES (UNTIL 01/23)50.000.00$232,587$0$41,783Yes (X)
SARAH GANZ BLYTHE
DEP. DIR., EXHIB., EDU. & PROG.50.000.00$261,868$0$12,682Yes (X)
RICHARD MICKOOL
CHIEF INFORMATION OFFICER50.000.00$227,563$0$25,318Yes (X)
JOHN R SILVA
VP CAMPUS SERVICES50.000.00$202,744$0$39,710Yes (X)
SARAH BAINTER CUNNINGHAM
VICE PROVOST FOR STRAT. PARTNERSHIPS (UNTIL 09/22)50.000.00$193,077$0$28,053Yes (X)
KERCI MARCELLO STROUD
CHIEF MARKETING & COMM. OFFICER50.000.00$208,760$0$33,640Yes (X)
MATTHEW SHENODA
VP/ASSOC PROV SOC. EQ. (UNTIL 6/22)50.000.00$145,075$0$6,675Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,006,671TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$405,437TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K175IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SHAWMUT WOODWORKING AND SUPPLY INC
560 HARRISON AVE STE 200BOSTONMA02118CONSTRUCTION SVCS$9,989,378
INCLINE ALCHEMY INC
12647 ALCOSTA BLVD STE 240SAN RAMONCA94583CONSULTANT SVCS$2,224,337
GLOBAL ENDOWMENT MANAGEMENT LP
224 W TREMONT AVENUECHARLOTTENC28202INVESTMENT MGMT$2,183,229
STAGWELL GLOBAL LLC
285 FULTON STNEW YORKNY10007CONSULTANT SVCS$1,499,440
PARISEAULT BUILDERS INC
25 SHARPE DR STE 1CRANSTONRI02920CONSTRUCTION SVCS$994,922
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K53CntrctRcvdGreaterThan100KCnt
Government Grants$546,370GovernmentGrantsAmt
All Other Contributions$15,455,809AllOtherContributionsAmt
Noncash Contributions$1,499,479NoncashContributionsAmt
Total Contributions$16,002,179TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
TUITION/ROOM/BOARD611310$183,083,169$183,083,169
BOOK/SUPPLY STORE459210$3,909,775$3,909,775
MUSEUM611600$791,536$791,536
FieldValueIRS element (for citing)
Total Program Service Revenue$187,784,480TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,290,558TotalRevenueColumnAmt
Unrelated Business Revenue-$810,071UnrelatedBusinessRevenueAmt
Exclusion$4,100,629ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$25,578,625SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,324,870SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$21,253,755SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,253,755TotalRevenueColumnAmt
Unrelated Business Revenue$647,058UnrelatedBusinessRevenueAmt
Exclusion$20,606,697ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
CONFERENCES & EVENTS611110$307,995$307,995
OUTSIDE CATERING722320$166,929$166,929
FieldValueIRS element (for citing)
Other Revenue Total$474,924OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$228,805,896TotalRevenueColumnAmt
Related Or Exempt Func Income$183,874,705RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$311,911UnrelatedBusinessRevenueAmt
Exclusion$28,617,101ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$35,160,155TotalAmt
Program Services$35,160,155ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,675,405TotalAmt
Program Services$2,645,264ProgramServicesAmt
Management And General$380,998ManagementAndGeneralAmt
Fundraising$649,143FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$84,429,916TotalAmt
Program Services$75,142,666ProgramServicesAmt
Management And General$4,506,064ManagementAndGeneralAmt
Fundraising$4,781,186FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,211,541TotalAmt
Program Services$4,600,712ProgramServicesAmt
Management And General$289,657ManagementAndGeneralAmt
Fundraising$321,172FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$11,999,888TotalAmt
Program Services$10,592,213ProgramServicesAmt
Management And General$667,525ManagementAndGeneralAmt
Fundraising$740,150FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,980,791TotalAmt
Program Services$5,279,801ProgramServicesAmt
Management And General$332,412ManagementAndGeneralAmt
Fundraising$368,578FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$309,002TotalAmt
Management And General$309,002ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$162,300TotalAmt
Management And General$162,300ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$10,406TotalAmt
Management And General$10,406ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$105,760TotalAmt
Fundraising$105,760FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$2,057,972TotalAmt
Management And General$2,057,972ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$10,554,004TotalAmt
Program Services$7,855,269ProgramServicesAmt
Management And General$1,763,928ManagementAndGeneralAmt
Fundraising$934,807FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$629,793TotalAmt
Program Services$548,102ProgramServicesAmt
Management And General$525ManagementAndGeneralAmt
Fundraising$81,166FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,153,060TotalAmt
Program Services$11,654,218ProgramServicesAmt
Management And General$996,276ManagementAndGeneralAmt
Fundraising$502,566FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,043,031TotalAmt
Program Services$5,302,127ProgramServicesAmt
Management And General$227,239ManagementAndGeneralAmt
Fundraising$513,665FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,593,452TotalAmt
Program Services$2,010,133ProgramServicesAmt
Management And General$6,583,319ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,295,976TotalAmt
Program Services$2,589,113ProgramServicesAmt
Management And General$8,898ManagementAndGeneralAmt
Fundraising$697,965FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,425,028TotalAmt
Management And General$5,425,028ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$15,520,215TotalAmt
Program Services$14,463,028ProgramServicesAmt
Management And General$1,042,187ManagementAndGeneralAmt
Fundraising$15,000FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,780,182TotalAmt
Program Services$1,780,182ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
OTHER RENTAL EXPENSES$1,347,720$1,113,638$3,350$230,732
WORKS OF ART$926,468$926,468
STUDENT AWARDS$497,983$496,971$1,012
DUES AND MEMBERSHIPS$469,415$453,171$4,297$11,947

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,516,070TotalAmt
Program Services$1,341,772ProgramServicesAmt
Management And General$2,108,330ManagementAndGeneralAmt
Fundraising$65,968FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$220,855,533TotalAmt
Program Services$183,955,003ProgramServicesAmt
Management And General$26,879,713ManagementAndGeneralAmt
Fundraising$10,020,817FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,741,289BOYAmt
EOY$2,338,231EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$30,224,510BOYAmt
EOY$21,056,545EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,393,215BOYAmt
EOY$8,328,563EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$66,400BOYAmt
EOY$36,815EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,315,768BOYAmt
EOY$1,359,764EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,936,977BOYAmt
EOY$2,686,284EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$541,497,599LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$266,520,917LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$273,104,807BOYAmt
EOY$274,976,682EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,626,764BOYAmt
EOY$2,141,125EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$372,186,379BOYAmt
EOY$388,784,392EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$5,200,000BOYAmt
EOY$5,200,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,251,311BOYAmt
EOY$7,204,969EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$709,047,420BOYAmt
EOY$714,113,370EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,702,432BOYAmt
EOY$10,263,162EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$6,179,472BOYAmt
EOY$6,328,776EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$194,952,138BOYAmt
EOY$187,400,139EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,679,706BOYAmt
EOY$14,925,839EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$228,513,748BOYAmt
EOY$218,917,916EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$361,023,805BOYAmt
EOY$359,894,242EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$119,509,867BOYAmt
EOY$135,301,212EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$480,533,672BOYAmt
EOY$495,195,454EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$709,047,420BOYAmt
EOY$714,113,370EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$7,950,363ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$6,711,419NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)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$10,874,858CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,325,884CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,993,943CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,679,890CurrentTaxYearMinus1YearAmt
Current Tax Year$16,002,179CurrentTaxYearAmt
Total$90,876,754TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,874,858CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,325,884CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,993,943CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,679,890CurrentTaxYearMinus1YearAmt
Current Tax Year$16,002,179CurrentTaxYearAmt
Total$90,876,754TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$7,945,039SubstantialContributorsTotAmt
Public Support Total170$82,931,715PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,205,587CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,336,930CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,862,893CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,798,996CurrentTaxYearMinus1YearAmt
Current Tax Year$4,100,629CurrentTaxYearAmt
Total$18,305,035TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,768,366CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,097,198CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$584,160CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,660,139CurrentTaxYearMinus1YearAmt
Current Tax Year$65,073CurrentTaxYearAmt
Total$6,174,936TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,745,097CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,592,726CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,088,718CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,105,771CurrentTaxYearMinus1YearAmt
Current Tax Year$3,909,775CurrentTaxYearAmt
Total$14,442,087TotalAmt
FieldValueIRS element (for citing)
Total Support$129,798,812TotalSupportAmt
Gross Receipts Rltd Activities$817,893,724GrossReceiptsRltdActivitiesAmt
Public Support CY1700.63890PublicSupportCY170Pct
Public Support PY1700.63310PublicSupportPY170Pct
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, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationFUNDRAISING EVENTS - BOOK/SUPPLY STORE - 2018 AMOUNT: $ 3,745,097. 2019 AMOUNT: $ 2,592,726. 2020 AMOUNT: $ 1,088,718. 2021 AMOUNT: $ 3,105,771. 2022 AMOUNT: $ 3,909,775.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

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$10,406DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$10,406TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationRISD PAYS MEMBERSHIP DUES TO A NUMBER OF ARTS-AND-EDUCATION-RELATED AND PROFESSIONAL ORGANIZATIONS, SOME OF WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF ALL MEMBERS. TOTAL MEMBERSHIP DUES PAID BY RISD DURING THE FISCAL YEAR WAS $486,221. WE ARE UNABLE TO DETERMINE THE SPECIFIC AMOUNT OF THAT TOTAL DEVOTED TO LOBBYING, BUT WE BELIEVE IT TO BE A RELATIVELY SMALL AND IMMATERIAL PORTION. A RISD EMPLOYEE DEVOTES A SMALL PORTION OF THEIR TIME TO PROMOTE RISD'S MISSION BY COMMUNICATING TO FEDERAL GOVERNMENT ENTITIES TO ADVOCATE FOR LEGISLATIVE AND POLICY INITIATIVES THAT SUPPORT HIGHER EDUCATION AND RISD'S AGENDA.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesEDUCATION OF ARTISTS/DESIGNOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$381,228,134BeginningYearBalanceAmt
Contributions$7,964,492ContributionsAmt
Investment Earnings Or Losses$30,315,008InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,694,881GrantsOrScholarshipsAmt
Other Expenditures$13,117,553OtherExpendituresAmt
Administrative Expenses$2,057,972AdministrativeExpensesAmt
End Year Balance$398,637,228EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$442,909,393BeginningYearBalanceAmt
Contributions$8,079,900ContributionsAmt
Investment Earnings Or Losses-$50,072,894InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,969,136GrantsOrScholarshipsAmt
Other Expenditures$12,372,841OtherExpendituresAmt
Administrative Expenses$2,346,288AdministrativeExpensesAmt
End Year Balance$381,228,134EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$349,011,543BeginningYearBalanceAmt
Contributions$10,335,746ContributionsAmt
Investment Earnings Or Losses$102,576,352InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,649,564GrantsOrScholarshipsAmt
Other Expenditures$12,360,583OtherExpendituresAmt
Administrative Expenses$2,004,101AdministrativeExpensesAmt
End Year Balance$442,909,393EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$351,131,815BeginningYearBalanceAmt
Contributions$6,991,521ContributionsAmt
Investment Earnings Or Losses$8,914,697InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,252,195GrantsOrScholarshipsAmt
Other Expenditures$12,087,266OtherExpendituresAmt
Administrative Expenses$1,687,029AdministrativeExpensesAmt
End Year Balance$349,011,543EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$349,751,090BeginningYearBalanceAmt
Contributions$2,204,660ContributionsAmt
Investment Earnings Or Losses$17,054,669InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,177,848GrantsOrScholarshipsAmt
Other Expenditures$12,302,815OtherExpendituresAmt
Administrative Expenses$1,397,941AdministrativeExpensesAmt
End Year Balance$351,131,815EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.64920BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.20970PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.14110TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (1)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (1)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,852,492OtherCostOrOtherBasisAmt
Book Value$9,852,492BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$439,207,768OtherCostOrOtherBasisAmt
Depreciation$199,784,991DepreciationAmt
Book Value$239,422,777BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$79,593,864OtherCostOrOtherBasisAmt
Depreciation$66,735,926DepreciationAmt
Book Value$12,857,938BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,843,475OtherCostOrOtherBasisAmt
Book Value$12,843,475BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$274,976,682TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescALTERNATIVE INVESTMENTSDesc
Book Value$388,784,392BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$388,784,392TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CAPITAL LEASE OBLIG - OPERATING$5,361,188
OBLIGATIONS UNDER LONG-TERM AGREEMENTS$9,564,651
FieldValueIRS element (for citing)
Total Liability$14,925,839TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$200,346,329TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$6,711,419NetUnrealizedGainsInvstAmt
Other Revenue-$35,170,986OtherRevenueAmt
Revenue Not Reported-$28,459,567RevenueNotReportedAmt
Revenue Subtotal$228,805,896RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$228,805,896TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$184,025,228TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$387,822OtherExpensesIncludedAmt
Expenses Not Reported$387,822ExpensesNotReportedAmt
Expenses Subtotal$183,637,406ExpensesSubtotalAmt
Other Expenses Not Included$37,218,127OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$37,218,127ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$220,855,533TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:THE MAJORITY OF THE SCHOOL'S COLLECTIONS RESIDE IN THE MUSEUM AND CONSIST OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, ART OBJECTS, AND BOOKS THAT ARE HELD FOR EDUCATIONAL, RESEARCH AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THE SCHOOL EXPENDED $926,468 AND $701,102 FOR ACQUISITIONS DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY.
PART III, LINE 4:THE MUSEUM OF ART, ALSO KNOWN AS THE RISD MUSEUM, IS RHODE ISLAND'S LEADING MUSEUM OF FINE AND DECORATIVE ART, HOUSING A COLLECTION OF APPROXIMATELY 100,000 OBJECTS OF INTERNATIONAL SIGNIFICANCE IN SEVEN CURATORIAL COLLECTIONS. IT IS SOUTHEASTERN NEW ENGLAND'S ONLY COMPREHENSIVE ART MUSEUM AND IS ACCREDITED BY THE AMERICAN ASSOCIATION OF MUSEUMS. THE RISD MUSEUM STRIVES TO BE A VITAL CULTURAL RESOURCE BY EDUCATING AND INSPIRING A WIDE VARIETY OF AUDIENCES: FAMILIES AND INDIVIDUALS, SCHOLARS AND RESEARCHERS, ARTISTS AND DESIGNERS, AND STUDENTS OF ALL AGES. THE MUSEUM MAINTAINS AN ACTIVE PROGRAM OF EXHIBITIONS, LECTURES, TOURS, WORKSHOPS AND PUBLICATIONS DEDICATED TO THE INTERPRETATION OF ART AND DESIGN FROM DIVERSE CULTURES RANGING FROM ANCIENT TIMES TO THE PRESENT.
PART V, LINE 4:THE INTENT OF THE ENDOWMENT FUND IS TO GENERATE INVESTMENT EARNINGS AS A SOURCE OF REVENUE FOR FUNDING THE SCHOOL'S GENERAL OPERATING ACTIVITIES AND FOR FUNDING SPECIFIC PURPOSES, EITHER RESTRICTED BY DONORS OR INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES. EXAMPLES OF SPECIFIC PURPOSES INCLUDE SCHOLARSHIP FOR STUDENTS, FACILITIES UPKEEP, RESEARCH, AND SUPPORT FOR THE MUSEUM AND OTHER ACADEMIC OPERATIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SCHOLARSHIPS -35,160,155. INVESTMENT FEES -2,057,972. INTERCOMPANY REVENUE ELIMINATION 2,047,141.
PART XII, LINE 2D - OTHER ADJUSTMENTS:INTERCOMPANY EXPENSE ELIMINATION 387,822.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS 35,160,155. INVESTMENT FEES 2,057,972.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY CAN BE FOUND IN THE RHODE ISLAND SCHOOL OF DESIGN CATALOG AND STUDENT HANDBOOK. THE POLICY CAN ALSO BE FOUND AT HTTP://WWW.RISD.EDU/ABOUT/POLICIES-DISCLOSURES.
SCHEDULE E, PART I, LINE 6FINANCIAL AID IS RECEIVED FROM THE US DEPARTMENT OF EDUCATION IN THE FORM OF FEDERAL COLLEGE WORK STUDY, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FEDERAL PELL GRANTS, FEDERAL DIRECT LOANS AND FEDERAL PLUS LOANS WHICH ARE ADMINISTERED THROUGH THE DIRECT LOAN PROGRAM. IN ADDITION, THE COLLEGE RECEIVES FINANCIAL AID FROM VARIOUS STATE SCHOLARSHIP PROGRAMS AND OTHER FEDERAL AGENCIES, E.G. VETERANS ADMINISTRATION AND BUREAU OF INDIAN AFFAIRS.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,00INVESTMENTS$5,256,441
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM116PROGRAM SERVICES$181,714INDEPENDENT STUDY
SOUTH ASIA01PROGRAM SERVICES$66,483INDEPENDENT STUDY
EAST ASIA AND THE PACIFIC02PROGRAM SERVICES$83,229INDEPENDENT STUDY
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees19SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee19TotalEmployeeCnt
Subtotal Spent$5,587,867SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$5,587,867TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:RHODE ISLAND SCHOOL OF DESIGN PROVIDES FINANCIAL AID TO FOREIGN STUDENTS. STUDENT SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. NO FOREIGN SCHOLARSHIPS WERE AWARDED FOR FY23.
PART III ACCOUNTING METHOD:
SCHEDULE F, LINE 3, COLUMN F:RHODE ISLAND SCHOOL OF DESIGN TRACKS EXPENSES FOR EACH INTERNATIONAL PROGRAM USING SEPARATE ACCOUNT NUMBERS.
SCHEDULE F, PART IV, LINE 3 AND 5THE ORGANIZATION HAS OWNERSHIP INTERESTS IN CERTAIN FOREIGN CORPORATIONS AND PARTNERSHIPS, HOWEVER, NO OWNERSHIP INTERESTS EXCEEDED THE THRESHOLD FOR REQUIRING THE FILING OF FORMS 5471 OR 8865. THERE WERE NO TRANSFERS THE REQUIRED THE FILING OF FORM 926 DURING THE FISCAL YEAR.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1RUFFALO NOEL LEVITZ LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 718AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP503030718ZIPCd
FieldValueIRS element (for citing)
ActivityPHONATHON/DIRECT MARKETINGActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$465,412GrossReceiptsAmt
Retained By Contractor$105,760RetainedByContractorAmt
Net To Organization$359,652NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$465,412TotalGrossReceiptsAmt
Total Retained By Contractors$105,760TotalRetainedByContractorsAmt
Total Net To Organization$359,652TotalNetToOrganizationAmt
Licensed StatesCALicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesALLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I, LINE 2:FormAndLineReferenceDesc
ExplanationFUNDRAISING CONSULTANT FEES PAID TO RUFFALO NOEL LEVITZ ARE PAID AT A STATED RATE PER CONTRACT AND OTHER ADMINISTRATIVE COSTS INCLUDING EQUIPMENT AND POSTAGE. PROFESSIONAL SERVICES FEES AND ADMINISTRATIVE COSTS WERE $105,734 AND $26, RESPECTIVELY.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS/GRANTSGrantTypeTxt
Recipient1285RecipientCnt
Non Cash Assistance$35,160,155NonCashAssistanceAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceTUITION REDUCTIONNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFINANCIAL AID IS CREDITED TO THE STUDENTS' ACCOUNTS TO COVER ANY OUTSTANDING INSTITUTIONAL CHARGES. ANY CREDIT BALANCE IS REFUNDED TO THE STUDENT TO BE USED FOR OTHER EDUCATIONAL-RELATED EXPENSES. STUDENTS RECEIVING FEDERAL AND/OR STATE AID MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). BY SIGNING THE FAFSA, THE STUDENT AGREES THAT HE OR SHE "WILL USE FEDERAL AND/OR STATE STUDENT FINANCIAL AID ONLY TO PAY THE COST OF ATTENDING AN INSTITUTION OF HIGHER EDUCATION."ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 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
ROSANNE SOMERSON
PRESIDENT EMERITUS$310,386$0$0$0$252,995$0$46,500$0$4,250$0$614,131$0$0$0
CRYSTAL WILLIAMS
PRESIDENT$408,171$0$0$0$3,944$0$21,000$0$4,329$0$437,444$0$0$0
O'NEIL ANDREW SUNIL OUTAR
VP INSTITUTIONAL ADVANCEMENT$367,717$0$10,750$0$0$0$26,528$0$14,783$0$419,778$0$0$0
RENEE BYAS
GENERAL COUNSEL$264,022$0$5,750$0$0$0$20,400$0$10,978$0$301,150$0$0$0
JAMES PAUL O'HARA
VP, ENROLLMENT (UNTIL 07/22)$269,286$0$10,750$0$0$0$14,063$0$6,459$0$300,558$0$0$0
SARAH GANZ BLYTHE
DEP. DIR., EXHIB., EDU. & PROG.$136,827$0$10,750$0$114,291$0$3,300$0$9,382$0$274,550$0$0$0
CANDACE BAER
VP HUMAN RESOURCES (UNTIL 01/23)$221,837$0$10,750$0$0$0$27,000$0$14,783$0$274,370$0$0$0
RICHARD MICKOOL
CHIEF INFORMATION OFFICER$216,813$0$10,750$0$0$0$19,500$0$5,818$0$252,881$0$0$0
ANAIS A MISSAKIAN
INTERIM PROVOST$224,674$0$750$0$0$0$9,000$0$12,167$0$246,591$0$0$0
JOHN R SILVA
VP CAMPUS SERVICES$191,994$0$10,750$0$0$0$27,000$0$12,710$0$242,454$0$0$0
KERCI MARCELLO STROUD
CHIEF MARKETING & COMM. OFFICER$198,010$0$10,750$0$0$0$20,500$0$13,140$0$242,400$0$0$0
DAVID R PROULX
SVP FIN & ADMIN (UNTIL 7/22)$171,677$0$20,750$0$24,999$0$0$0$4,996$0$222,422$0$0$0
SARAH BAINTER CUNNINGHAM
VICE PROVOST FOR STRAT. PARTNERSHIPS$192,327$0$750$0$0$0$16,380$0$11,673$0$221,130$0$0$0
KENT KLEINMAN
PROVOST (UNTIL 07/22)$168,793$0$10,750$0$0$0$15,162$0$6,961$0$201,666$0$0$0
MATTHEW SHENODA
VP/ASSOC PROV SOC. EQ. (UNTIL 6/22)$134,325$0$10,750$0$0$0$3,000$0$3,675$0$151,750$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATHE PRESIDENT IS ALLOWED TO BE REIMBURSED FOR FIRST CLASS AIR TRAVEL UNDER CERTAIN CONDITIONS AS SPECIFIED IN THE PRESIDENT'S EMPLOYEE CONTRACT. THE REIMBURSEMENTS ARE NOT TREATED AS A TAXABLE BENEFIT.
PART I, LINE 4BCERTAIN EMPLOYEES PARTICIPATE IN A NONQUALIFIED RETIREMENT PLAN UNDER IRC SECTION 457(B). ROSANNE SOMERSON RECEIVED $19,500 EMPLOYER CONTRIBUTIONS TO HIS PLAN.
PART I, LINE 7ON OCCASION CERTAIN INDIVIDUALS RECEIVE A BONUS OR OTHER FORM OF NON-FIXED PAYMENT IN RECOGNITION OF EXCELLENT JOB PERFORMANCE, AS A SIGN-ON BONUS OR OTHER ONE-TIME PAYMENT. THE AMOUNT OF EACH BONUS IS SHOWN ON SCHEDULE J, PART II, COLUMN (B)(II). FINANCIAL METRICS ARE NOT USED IN BONUS CALCULATIONS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2012
A521300173762197KB62012-03-28$28,791,9882001 BOND REFUNDING000
RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2012B
B521300173762197KZ32012-08-29$57,055,6942004D BOND REFUND000
RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2018
C521300173762197YS42018-09-25$60,533,984FACILITY CONSTRUCTION / RENOVATION000
RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2020
D521300173762197A842020-12-16$52,905,000PARTIAL REFUNDING OF 2012 AND 2012B BONDS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapitalized InterestCapitalizedInterestAmtCapital ExpendituresCapitalExpendituresAmt
A$27,525,000$28,791,988$329,659$28,462,3292012Yes (1)0Yes (1)Yes (1)
B$47,090,000$57,055,694$446,745$56,608,94920120Yes (1)Yes (1)Yes (1)
C$990,000$62,691,478$438,486202200Yes (1)Yes (1)$1,918,209$62,253,172
D$1,035,000$52,905,000$539,556$52,365,4442022Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.000000.000000.0000000Yes (1)
B00000.000000.000000.0000000Yes (1)
C00000.000000.000000.0000000Yes (1)
D00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)00000Yes (1)
B00Yes (1)00000Yes (1)
C00Yes (1)0Yes (1)000Yes (1)
D00Yes (1)0Yes (1)000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART I, COLUMN FA. 2008AB BOND - FACILITY AQUIS/CONST/EQUIP/RENOV; REFUNDING OF 2004A, 2004B, 2006A, AND 2006B BONDS
SCHEDULE K, PART IV, LINE 2B, COLUMN A:BOND PROCEEDS WERE SPENT IN ACCORDANCE WITH THE APPROVED SPENDING REQUIREMENTS, THUS NO REBATE PORTION.
SCHEDULE K, PART II, COLUMN D, LINE 3:THE PROCEEDS ON PART II, LINE 3 DIFFER FROM THE PROCEEDS IN PART I DUE TO INVESTMENT EARNINGS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2021BusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN521300173BondIssuerEIN
Bond Issued2021-09-01BondIssuedDt
Issue Price$70,041,000IssuePriceAmt
PurposeREFUNDING OF 2008 BOND ISSUEPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$70,041,000TotalProceedsAmt
Issuance Costs From Proceeds$416,000IssuanceCostsFromProceedsAmt
Other Spent Proceeds$69,625,000OtherSpentProceedsAmt
Substantial Completion2022SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To RebateYes (1)ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution484ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuesN/A PER POLICYMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution41ContributionCnt
Noncash Contributions Rpt F990$1,499,479NoncashContributionsRptF990Amt
Method Of Determining RevenuesNYSEMethodOfDeterminingRevenuesTxt

Qualified Contrib Other QualifiedContribOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuesN/A PER POLICYMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received22Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, COLUMN (B):COLUMN B: THE NUMBER OF ITEMS CONTRIBUTED IS REPORTED ON LINE 1. THE NUMBER OF CONTRIBUTORS IS REPORTED ON LINE 9.
PART I, LINE 32B:AN AUCTION HOUSE FACILITATES PUBLIC SALE OF NON-ACCESSIONED MUSEUM ITEMS.
PART I, LINE 33:RHODE ISLAND SCHOOL OF DESIGN DOES NOT CAPITALIZE OR ASSIGN A VALUE TO ITS MUSEUM COLLECTIONS, BOOKS AND PUBLICATIONS, OR TO ANY INSIGNIFICANT ITEMS RECEIVED. THESE ITEMS ARE NOT RECOGNIZED AS ASSETS OR REVENUE ON THE SCHOOL'S FINANCIAL STATEMENTS. ALSO SEE DESCRIPTION FOR SCHEDULE D, PART III, LINE 4.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL THE AUTHORITY OF THE BOARD BETWEEN MEETINGS OF THE BOARD, EXCEPT FOR THE AUTHORITY TO AMEND, ALTER, OR REPEAL THESE BYLAWS; ELECT, APPOINT, OR REMOVE ANY OFFICER OF THE BOARD OR OF THE COLLEGE OR ANY MEMBER OF ANY COMMITTEE OF THE BOARD; AMEND OR RESTATE THE COLLEGE'S ARTICLES OF INCORPORATION; ADOPT A PLAN OF MERGER OR A PLAN OF CONSOLIDATION WITH ANOTHER CORPORATION; AUTHORIZE THE SALE, LEASE, EXCHANGE, OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE COLLEGE; AUTHORIZE THE VOLUNTARY DISSOLUTION OF THE COLLEGE OR REVOKE PROCEEDINGS FOR SUCH DISSOLUTION; ADOPT A PLAN FOR THE DISTRIBUTION OF THE ASSETS OF THE COLLEGE; OR AMEND, ALTER, OR REPEAL ANY RESOLUTION OF THE BOARD THAT BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED, OR REPEALED BY THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 7ABOTH THE RISD ALUMNI COUNCIL PRESIDENT AND THE IMMEDIATE PAST PRESIDENT SERVE AS EX-OFFICIO TRUSTEES FOR 2 YEARS AFTER THEIR RESPECTIVE TERMS END.
FORM 990, PART VI, SECTION B, LINE 11BTHE PROCESS FOR THE FY 2023 FORM 990 INCLUDES REVIEW BY SENIOR MANAGEMENT, THE AUDIT COMMITTEE, AND THE INDEPENDENT EXTERNAL TAX CONSULTANTS. THE AUDIT COMMITTEE IS PRESENTED WITH A COMPLETE DRAFT OF THE RETURN FOR ITS REVIEW. THE FULL BOARD RECEIVES A FINAL COPY OF FORM 990 BEFORE THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, THE SCHOOL'S TRUSTEES' OFFICE DISTRIBUTES A SURVEY TO ALL OF THE TRUSTEES AND SENIOR ADMINISTRATORS REQUESTING INFORMATION ON MATTERS RELATING TO THE SCHOOL'S CONFLICT OF INTEREST POLICY. THERE ARE FOLLOW UP PROCEDURES TO ENSURE THAT SURVEYS ARE COMPLETED AND RETURNED FOR REVIEW. THE GENERAL COUNSEL'S OFFICE PROVIDES ASSISTANCE TO TRUSTEES AND SENIOR ADMINISTRATORS BY RESPONDING TO ANY QUESTIONS THEY MAY HAVE. IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, RESULTS OF THE COMPLETED SURVEYS ARE PRESENTED TO THE CHAIRS OF THE AUDIT COMMITTEE AND THE COMMITTEE ON TRUSTEES AND GOVERNANCE, AND THEN TO BOTH OF THOSE COMMITTEES FOR FINAL REVIEW. IN ADDITION TO THE ANNUAL SURVEY, THE TRUSTEES AND SENIOR ADMINISTRATORS ARE REQUIRED TO DISCLOSE ANY ADDITIONAL CONFLICTS THAT MAY ARISE DURING THE COURSE OF THE YEAR. PERIODIC REMINDERS ARE SENT OUT. FURTHER, WHENEVER ANY MATTER INVOLVING A CONFLICT OF INTEREST ON THE PART OF ANY TRUSTEE IS DISCUSSED OR PROPOSED FOR ACTION AT BOARD OR COMMITTEE MEETINGS, SUCH CONFLICT SHALL BE DISCLOSED TO OTHER TRUSTEES PRESENT, AND THE TRUSTEE HAVING SUCH CONFLICT SHALL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER.
FORM 990, PART VI, SECTION B, LINE 15THE SCHOOL'S PROCESS FOR DETERMINING COMPENSATION FOR ITS OFFICERS (INCLUDING THE PRESIDENT) AND KEY EMPLOYEES INCLUDES: 1. PREPARING A DESCRIPTION OF THE POSITION AND REQUIREMENTS VIA A FORMAL JOB DESCRIPTION, JOB SUMMARY, OR ADVERTISEMENT. 2. DEVELOPING AN UNDERSTANDING OF THE EXTERNAL MARKET FOR SIMILAR POSITIONS AND REQUIREMENTS VIA VARIOUS SOURCES SUCH AS: COMPENSATION SURVEYS (E.G., YAFFEE, SNE CUPA, THE SURVEY GROUP); OTHER ORGANIZATIONS' FORM 990 DATA; DIALOG WITH SEARCH FIRMS; AND KNOWLEDGE OF APPLICANT POOL AND CURRENT EARNINGS. 3. CONSIDERING THE EXTERNAL MARKET DATA LISTED ABOVE IN LIGHT OF INTERNAL OPERATING BUDGET AND INTERNAL EQUITY FACTORS. 4. UNDERSTANDING THE CANDIDATE'S PREVIOUS EXPERIENCE AND SKILL SET AS RELATED TO THE POSITION'S REQUIREMENTS AND THE COLLEGE'S NEEDS. 5. ENGAGING AN INDEPENDENT COMPENSATION CONSULTANT TO DETERMINE AND VERIFY REASONABLENESS OF THE COMPENSATION LEVELS FOR THE INDIVIDUAL. 6. PRESENTING A RECOMMENDED HIRING RANGE (OFFER) TO RISD'S OFFICERS AND BOARD OF TRUSTEES, AS APPROPRIATE, FOR APPROVAL. 7. GENERATING AN OFFER LETTER OR CONTRACT. RISD HAS A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE ASSISTS THE BOARD IN ESTABLISHING AND REVIEWING THE COMPENSATION OF RISD'S SENIOR ADMINISTRATIVE STAFF ON AN ONGOING BASIS. THE SUBCOMMITTEE CONSISTS OF THE CHAIR OF THE BOARD, THE VICE CHAIR(S) OF THE BOARD AND THE CHAIR OF THE FINANCE COMMITTEE OF THE BOARD, AND WILL BE ASSISTED BY THE SECRETARY, THE PRESIDENT, THE VICE PRESIDENT FOR HUMAN RESOURCES, AND/OR THE GENERAL COUNSEL WHEN APPROPRIATE. THE SUBCOMMITTEE REVIEWS EACH INITIAL OFFER, EACH ANNUAL ADJUSTMENT, AND ANY OTHER ADJUSTMENTS. IN SO DOING, THE SUBCOMMITTEE REVIEWS CURRENT COMPARABLE DATA WITH THE ASSISTANCE OF AN INDEPENDENT COMPENSATION CONSULTANT AND DOCUMENTS ITS DECISIONS IN ITS MINUTES. THE CONTRACT FOR THE PRESIDENT EMERITUS RUNS THROUGH JUNE 30, 2024.
FORM 990, PART VI, SECTION C, LINE 19RISD MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND CONSOLIDATED FINANCIAL STATEMENTS BY POSTING THESE DOCUMENTS ON WWW.RISD.EDU AND ALSO BY REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1TECHNOLOGY AND DESIGN BUILDINGS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1TWO COLLEGE STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
EIN050258956EIN
Primary ActivitiesREAL ESTATEPrimaryActivitiesTxt
Legal Domicile StateRILegalDomicileStateCd
Total Income$91,491TotalIncomeAmt
End Of Year Assets$6,916,104EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1RHODE ISLAND SCHOOL OF DESIGNBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1RISD HOLDINGS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1TWO COLLEGE STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
EIN050508151EIN
Primary ActivitiesREAL ESTATEPrimaryActivitiesTxt
Legal Domicile StateRILegalDomicileStateCd
Exempt Code Section501(C)(25)ExemptCodeSectionTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1RHODE ISLAND SCHOOL OF DESIGNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1WASHINGTON PLACE HOLDINGS LPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1550 SOUTH TRYON ST STE 3500AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesINVESTMENTPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1RHODE ISLAND SCHOOL OF DESIGNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeEXCLUDEDPredominantIncomeTypeTxt
Share Of Total Income-$9,385,351ShareOfTotalIncomeAmt
Share Of EOY Assets$320,122,879ShareOfEOYAssetsAmt
Disproportionate Allocations0DisproportionateAllocationsInd
UBI Code V-$357,805UBICodeVAmt
General Or Managing Partner0GeneralOrManagingPartnerInd
Ownership1.00000OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CHARITABLE REMAINDER TRUSTS (7)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesINVESTMENTSPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeTEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
RISD HOLDINGS INC
A$91,491COST
RISD HOLDINGS INC
D$5,200,000COST
RISD HOLDINGS INC
K$191,718COST
RISD HOLDINGS INC
Q$1,159,893COST

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART IV, LINE 1:FormAndLineReferenceDesc
ExplanationCHARITABLE REMAINDER TRUSTS ARE DOMICILED IN MASSACHUSETTS, MARYLAND, CALIFORNIA, AND CONNECTICUT.ExplanationTxt