CORNISH COLLEGE OF THE ARTS: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CORNISH COLLEGE OF THE ARTS (EIN 91-0916534)
- Tax period
- 2023-06-01 to 2024-05-31
- Filed
- 2025-04-14
- IRS object ID
- 202531049349302223
- Schema version
- 2023v6.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-14T18:59:54-05:00 | ReturnTs |
| Tax Period End | 2024-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8390 EAST CRESCENT PARKWAY SUITE | AddressLine1Txt |
| Address Line2 | 300 | AddressLine2Txt |
| City | GREENWOOD VILLAGE | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910916534 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNISH COLLEGE OF THE ARTS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CORN | BusinessNameControlTxt |
| Phone | 2067265020 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LENORA STREET | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98121 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL WYNNE | PersonNm |
| Person Title | INTERIM CFO | PersonTitleTxt |
| Phone | 2067265020 | PhoneNum |
| Signature | 2025-04-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BECKY DETTMANN CPA | PreparerPersonNm |
| PTIN | P01408585 | PTIN |
| Phone | 3037795710 | PhoneNum |
| Preparation | 2025-04-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | EMILY PARKHURST | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LENORA STREET | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,836,078 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CORNISH.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1914 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | AN ACCREDITED FOUR YEAR COLLEGE OFFERING BACCALAUREATE DEGREES IN THE PERFORMING AND VISUAL ARTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 525 | TotalEmployeeCnt |
| Total Volunteers | 71 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,768,779 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,051,271 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,433,566 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $18,774,933 | CYProgramServiceRevenueAmt |
| PY Investment Income | $417,842 | PYInvestmentIncomeAmt |
| CY Investment Income | $749,047 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$27,225 | PYOtherRevenueAmt |
| CY Other Revenue | $469,624 | CYOtherRevenueAmt |
| PY Total Revenue | $22,592,962 | PYTotalRevenueAmt |
| CY Total Revenue | $22,044,875 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,515,190 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,339,474 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,730,209 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,522,395 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $495,784 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,379,829 | PYOtherExpensesAmt |
| CY Other Expenses | $12,247,927 | CYOtherExpensesAmt |
| PY Total Expenses | $24,625,228 | PYTotalExpensesAmt |
| CY Total Expenses | $31,109,796 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,032,266 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$9,064,921 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $84,133,872 | TotalAssetsBOYAmt |
| Total Assets EOY | $77,670,840 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,204,844 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $31,145,974 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $54,929,028 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $46,524,866 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF CORNISH COLLEGE OF THE ARTS IS TO PROVIDE STUDENTS ASPIRING TO BECOME PRACTICING ARTISTS WITH ANEDUCATIONAL PROGRAM OF THE HIGHEST POSSIBLE QUALITY, IN AN ENVIRONMENT, THAT NURTURES CREATIVITY AND INTELLECTUALCURIOSITY, WHILE PREPARING THEM TO CONTRIBUTE TO SOCIETY AS ARTISTS, CITIZENS, AND INNOVATORS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $24,481,153 | ExpenseAmt |
| Grant | $6,339,474 | GrantAmt |
| Revenue | $18,774,933 | RevenueAmt |
| Desc | AN ACCREDITED FOUR-YEAR COLLEGE OFFERING BACCALAUREATE DEGREES IN THE PERFORMING AND VISUAL ARTS. 480 STUDENTS ATTENDED CORNISH COLLEGE IN THE 2023 FALL SEMESTER AND 435 STUDENTS ATTENDED IN THE 2024 SPRING SEMESTER. IN FY 2023/2024, 82 STUDENTS GRADUATED. IN ADDITION, THE EXTENSIONS PROGRAMS KNOWN AS CORNISH+, OFFERED NEW STUDIO-BASED CLASSES, YOUTH PROGRAMS AND STUDENT PERFORMANCES TO 472 PARTICIPANTS. | Desc |
| Total Program Service Expenses | $24,481,153 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 642 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 525 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERYL WYNNE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2067265020 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LENORA STREET | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98121 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| EMILY PARKHURST | ||||||||
| CHAIR | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL FORTIN | ||||||||
| TREASURER | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOSEPH ROSA | ||||||||
| SECRETARY | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CARIE ANTONELLI | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL BARTLEY | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GARY FLUHRER | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIANNE FRANCIS | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDA KOA | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF LEHMAN | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGE LEVY | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GINNY MCCORMICK | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KARL MOEHRING | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SHERRY RAISBECK | ||||||||
| TRUSTEE | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LORI NOTO | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA SCRIBANTE | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELE SMITH | ||||||||
| TRUSTEE | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RAYMOND TYMAS-JONES | ||||||||
| PRESIDENT | 40.00 | 0.50 | Yes (X) | $398,516 | $0 | $28,190 | ||
| JESSICA THURLOW | ||||||||
| VP ACADEMIC AFFAIRS, PROVOST | 40.00 | 0.00 | Yes (X) | $116,989 | $0 | $12,890 | ||
| DEBORAH TREEN | ||||||||
| VP FINANCE & BUDGET, CFO | 40.00 | 0.50 | Yes (X) | $202,013 | $0 | $23,615 | ||
| JAMES FALZONE | ||||||||
| ACADEMIC DEAN | 40.00 | 0.00 | $126,284 | $0 | $25,485 | Yes (X) | ||
| BRITTANY HENDERSON | ||||||||
| DEAN OF STUDENT AFFAIRS | 40.00 | 0.00 | $111,640 | $0 | $11,167 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $955,442 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $101,347 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CORE EDUCATION SERVICES PBC | |||||
| 201 NORTH UNION STREET SUITE 110 | ALEXANDRIA | VA | 22314 | COLLEGE CONSULTING | $1,603,427 |
| ALLIED UNIVERSAL SECURITY | |||||
| PO BOX 31001-2374 | PASADENA | CA | 811102374 | SECURITY SERVICES | $705,614 |
| COCM STUDENT HOUSING PROFESSIONALS | |||||
| 1500 URBAN CENTER DRIVE SUITE 400 | BIRMINGHAM | AL | 35242 | STUDENT HOUSING MANAGEMENT | $295,959 |
| BON APPETIT MANAGEMENT CO | |||||
| PO BOX 417632 | BOSTON | MA | 022417632 | FOOD SERVICE/ MEALS/CATERING | $278,240 |
| CCS | |||||
| PO BOX 912578 | DENVER | CO | 802912578 | JANITORIAL SERVICES | $218,495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $183,450 | RelatedOrganizationsAmt |
| Government Grants | $515,373 | GovernmentGrantsAmt |
| All Other Contributions | $1,352,448 | AllOtherContributionsAmt |
| Noncash Contributions | $767,659 | NoncashContributionsAmt |
| Total Contributions | $2,051,271 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611610 | $18,724,685 | $18,724,685 |
| PARKING REVENUE | 812930 | $85,621 | $85,621 |
| PERFORMANCE REVENUES | 611610 | $29,199 | $29,199 |
| STUDENT HOUSING | 611610 | -$64,572 | -$64,572 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,774,933 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $428,932 | TotalRevenueColumnAmt |
| Exclusion | $428,932 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $591,403 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $365,451 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $225,952 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $225,952 | TotalRevenueColumnAmt |
| Exclusion | $225,952 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,745,867 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,425,752 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $320,115 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $320,115 | TotalRevenueColumnAmt |
| Exclusion | $320,115 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER REVENUE | 900099 | $240,953 | $240,953 |
| COMMISSION REVENUE | 722514 | $2,719 | $2,719 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $243,672 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,044,875 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,774,933 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,218,671 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,120,757 | TotalAmt |
| Program Services | $6,120,757 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,717 | TotalAmt |
| Program Services | $218,717 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $652,153 | TotalAmt |
| Program Services | $206,733 | ProgramServicesAmt |
| Management And General | $389,791 | ManagementAndGeneralAmt |
| Fundraising | $55,629 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,667,708 | TotalAmt |
| Program Services | $7,927,863 | ProgramServicesAmt |
| Management And General | $1,472,803 | ManagementAndGeneralAmt |
| Fundraising | $267,042 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,486 | TotalAmt |
| Program Services | $233,321 | ProgramServicesAmt |
| Management And General | $40,676 | ManagementAndGeneralAmt |
| Fundraising | $7,489 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $965,235 | TotalAmt |
| Program Services | $827,009 | ProgramServicesAmt |
| Management And General | $117,352 | ManagementAndGeneralAmt |
| Fundraising | $20,874 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $955,813 | TotalAmt |
| Program Services | $755,569 | ProgramServicesAmt |
| Management And General | $170,605 | ManagementAndGeneralAmt |
| Fundraising | $29,639 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $314,522 | TotalAmt |
| Program Services | $151,803 | ProgramServicesAmt |
| Management And General | $157,668 | ManagementAndGeneralAmt |
| Fundraising | $5,051 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,311 | TotalAmt |
| Program Services | $75,443 | ProgramServicesAmt |
| Management And General | $78,358 | ManagementAndGeneralAmt |
| Fundraising | $2,510 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,918 | TotalAmt |
| Program Services | $15,888 | ProgramServicesAmt |
| Management And General | $16,501 | ManagementAndGeneralAmt |
| Fundraising | $529 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,110 | TotalAmt |
| Management And General | $36,110 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,415,696 | TotalAmt |
| Program Services | $1,648,573 | ProgramServicesAmt |
| Management And General | $1,712,265 | ManagementAndGeneralAmt |
| Fundraising | $54,858 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,493 | TotalAmt |
| Program Services | $119,653 | ProgramServicesAmt |
| Management And General | $120,105 | ManagementAndGeneralAmt |
| Fundraising | $3,735 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $627,577 | TotalAmt |
| Program Services | $354,483 | ProgramServicesAmt |
| Management And General | $265,201 | ManagementAndGeneralAmt |
| Fundraising | $7,893 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $587,757 | TotalAmt |
| Program Services | $444,311 | ProgramServicesAmt |
| Management And General | $138,962 | ManagementAndGeneralAmt |
| Fundraising | $4,484 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,496 | TotalAmt |
| Program Services | $23,053 | ProgramServicesAmt |
| Management And General | $7,210 | ManagementAndGeneralAmt |
| Fundraising | $233 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $815,881 | TotalAmt |
| Program Services | $530,835 | ProgramServicesAmt |
| Management And General | $276,136 | ManagementAndGeneralAmt |
| Fundraising | $8,910 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $303,571 | TotalAmt |
| Program Services | $146,505 | ProgramServicesAmt |
| Management And General | $152,189 | ManagementAndGeneralAmt |
| Fundraising | $4,877 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,874 | TotalAmt |
| Program Services | $8,144 | ProgramServicesAmt |
| Management And General | $8,459 | ManagementAndGeneralAmt |
| Fundraising | $271 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $939,926 | TotalAmt |
| Program Services | $864,732 | ProgramServicesAmt |
| Management And General | $75,194 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,037,132 | TotalAmt |
| Program Services | $1,874,161 | ProgramServicesAmt |
| Management And General | $162,971 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,868 | TotalAmt |
| Program Services | $237,266 | ProgramServicesAmt |
| Management And General | $74,207 | ManagementAndGeneralAmt |
| Fundraising | $2,395 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CAPSTONE DEFICIT | $531,261 | $401,603 | $125,605 | $4,053 |
| BAD DEBT | $460,133 | $460,133 | $0 | $0 |
| JANITORIAL SUPPLIES | $381,725 | $205,248 | $171,626 | $4,851 |
| HOUSING & MEALS | $307,679 | $148,500 | $154,237 | $4,942 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $694,997 | TotalAmt |
| Program Services | $480,850 | ProgramServicesAmt |
| Management And General | $208,628 | ManagementAndGeneralAmt |
| Fundraising | $5,519 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,109,796 | TotalAmt |
| Program Services | $24,481,153 | ProgramServicesAmt |
| Management And General | $6,132,859 | ManagementAndGeneralAmt |
| Fundraising | $495,784 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $763,248 | BOYAmt |
| EOY | $1,787,400 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,663,896 | BOYAmt |
| EOY | $4,154 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,713,450 | BOYAmt |
| EOY | $1,315,465 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,822,025 | BOYAmt |
| EOY | $1,917,090 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $314,950 | BOYAmt |
| EOY | $158,185 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,786 | BOYAmt |
| EOY | $393,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $81,352,575 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $28,536,617 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,068,582 | BOYAmt |
| EOY | $52,815,958 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,848,863 | BOYAmt |
| EOY | $7,791,893 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,783,072 | BOYAmt |
| EOY | $11,486,895 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,133,872 | BOYAmt |
| EOY | $77,670,840 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,326,232 | BOYAmt |
| EOY | $1,587,584 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $304,307 | BOYAmt |
| EOY | $247,018 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,323,000 | BOYAmt |
| EOY | $8,323,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,227,356 | BOYAmt |
| EOY | $7,593,523 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,023,949 | BOYAmt |
| EOY | $13,394,849 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,204,844 | BOYAmt |
| EOY | $31,145,974 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,185,372 | BOYAmt |
| EOY | $35,619,868 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,743,656 | BOYAmt |
| EOY | $10,904,998 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,929,028 | BOYAmt |
| EOY | $46,524,866 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,133,872 | BOYAmt |
| EOY | $77,670,840 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$9,064,921 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $660,759 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $134,875 | AssetsIncludedAmt |
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $0 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | EDUCATION | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,063,722 | BeginningYearBalanceAmt |
| Contributions | $491,544 | ContributionsAmt |
| Investment Earnings Or Losses | $1,713,563 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $432,640 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,291 | OtherExpendituresAmt |
| End Year Balance | $12,824,898 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,761,937 | BeginningYearBalanceAmt |
| Contributions | $995,590 | ContributionsAmt |
| Investment Earnings Or Losses | -$264,064 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $415,770 | GrantsOrScholarshipsAmt |
| Other Expenditures | $13,971 | OtherExpendituresAmt |
| End Year Balance | $11,063,722 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,898,426 | BeginningYearBalanceAmt |
| Contributions | $1,053,853 | ContributionsAmt |
| Investment Earnings Or Losses | -$771,205 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $392,610 | GrantsOrScholarshipsAmt |
| Other Expenditures | $26,527 | OtherExpendituresAmt |
| End Year Balance | $10,761,937 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,878,995 | BeginningYearBalanceAmt |
| Contributions | $25,970 | ContributionsAmt |
| Investment Earnings Or Losses | $2,424,191 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $404,464 | GrantsOrScholarshipsAmt |
| Other Expenditures | $26,266 | OtherExpendituresAmt |
| End Year Balance | $10,898,426 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,868,122 | BeginningYearBalanceAmt |
| Contributions | $93,571 | ContributionsAmt |
| Investment Earnings Or Losses | $401,951 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $458,339 | GrantsOrScholarshipsAmt |
| Other Expenditures | $26,310 | OtherExpendituresAmt |
| End Year Balance | $8,878,995 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.67560 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.32440 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,828,824 | OtherCostOrOtherBasisAmt |
| Book Value | $15,828,824 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $55,866,368 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,793,058 | DepreciationAmt |
| Book Value | $34,073,310 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,789,359 | OtherCostOrOtherBasisAmt |
| Depreciation | $655,704 | DepreciationAmt |
| Book Value | $1,133,655 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,436,273 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,106,908 | DepreciationAmt |
| Book Value | $1,329,365 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,431,751 | OtherCostOrOtherBasisAmt |
| Depreciation | $980,947 | DepreciationAmt |
| Book Value | $450,804 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $52,815,958 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BOND ISSUANCE COSTS, NET | $162,057 |
| RIGHT OF USE ASSET - OPERATING | $5,120,044 |
| RIGHT OF USE ASSET - FINANCING | $6,129,794 |
| DEFERRED FINANCING COST | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $11,486,895 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO DEPT OF EDUCATION | $168,859 |
| RENTAL DEPOSITS | $273,500 |
| LEASE LIABILITY - OPERATING | $7,149,935 |
| LEASE LIABILITY - FINANCING | $5,802,555 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $13,394,849 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $16,817,248 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $660,759 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$6,217,727 | OtherRevenueAmt |
| Revenue Not Reported | -$5,556,968 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,374,216 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $36,110 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$365,451 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$329,341 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $22,044,875 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $24,853,594 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $365,451 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $365,451 | ExpensesNotReportedAmt |
| Expenses Subtotal | $24,488,143 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $36,110 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $6,585,543 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,621,653 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $31,109,796 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | VARIOUS WORKS OF ART INCLUDING PAINTINGS, SKETCHES, AND PRINTS FOR THE EDUCATION OF STUDENTS AND FOR PUBLIC DISPLAY. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE HELD AND PRESERVED AT THE FAIR VALUE OF THE ORIGINAL GIFT WITH THE EARNINGS AWARDED AS SCHOLARSHIP AND PROGRAM RELATED ACTIVITIES AS STIPULATED BY THE DONOR. |
| PART X, LINE 2: | CORNISH COLLEGE OF THE ARTS IS EXEMPT FROM FEDERAL INCOME TAXES AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, CORNISH COLLEGE OF THE ARTS IS CURRENTLY EXEMPT FROM REAL AND PERSONAL PROPERTY TAXES ON ITS EDUCATIONAL AND OTHER NONCOMMERCIAL PROPERTIES. THE COLLEGES' RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. THE COLLEGE BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COLLEGE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES WERE INCURRED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CORNISH FOUNDATION REVENUE NETTED WITH EXPENSES - INCLUDED IN CONSOL AFS 367,816. FINANCIAL AID AND OTHER ASSISTANCE -6,585,543. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSE -365,451. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 365,451. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID AND OTHER ASSISTANCE 6,585,543. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | ADVERTISING PLACED IN NEWSPAPERS AND THE INTERNET FOR EMPLOYMENT OPPORTUNITIES STATE THAT THE COLLEGE IS AN EQUAL OPPORTUNITY EMPLOYER. ADMISSIONS AND RECRUITING MATERIALS ALSO STATE THAT THE COLLEGE DOES NOT DISCRIMINATE. THE ORGANIZATION IS CURRENTLY WORKING ON MOVING ITS RACIALLY NONDISCRIMINATORY POLICY TO THE ORGANIZATION'S INTERNET HOME PAGE. |
| SCHEDULE E, PART I, LINE 6 | CORNISH RECEIVES FINANCIAL ASSISTANCE FROM THE US DEPARTMENT OF EDUCATION IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS WORK STUDY PROGRAMS AND THE FSEOG GRANT PROGRAM. THE COLLEGE ALSO RECEIVES ASSISTANCE FROM THE STATE OF WASHINGTON THROUGH THE COLLEGE WORK STUDY PROGRAM AND THE WASHINGTON BUILDING FOR THE ARTS PROGRAM. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 0 | 0 | SCHOLARSHIPS | N/A | $55,617 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | SCHOLARSHIPS | N/A | $5,940 |
| NORTH AMERICA | 0 | 0 | SCHOLARSHIPS | N/A | $42,253 |
| RUSSIA AND NEIGHBORING STATES | 0 | 0 | SCHOLARSHIPS | N/A | $6,800 |
| SOUTH AMERICA | 0 | 0 | SCHOLARSHIPS | N/A | $25,843 |
| SOUTH ASIA | 0 | 0 | SCHOLARSHIPS | N/A | $44,316 |
| SUB-SAHARAN AFRICA | 0 | 0 | SCHOLARSHIPS | N/A | $37,948 |
| NORTH AMERICA | 0 | 0 | CONTRIBUTIONS RECEIVED | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $218,717 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $218,717 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| SCHOLARSHIPS AND TUITION DISCOUNTS | EAST ASIA AND THE PACIFIC | 4 | $55,617 | OTHER | N/A | N/A |
| SCHOLARSHIPS AND TUITION DISCOUNTS | EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | $5,940 | OTHER | N/A | N/A |
| SCHOLARSHIPS AND TUITION DISCOUNTS | NORTH AMERICA | 5 | $42,253 | OTHER | N/A | N/A |
| SCHOLARSHIPS AND TUITION DISCOUNTS | RUSSIA AND NEIGHBORING STATES | 1 | $6,800 | OTHER | N/A | N/A |
| SCHOLARSHIPS AND TUITION DISCOUNTS | SOUTH AMERICA | 1 | $25,843 | OTHER | N/A | N/A |
| SCHOLARSHIPS AND TUITION DISCOUNTS | SOUTH ASIA | 6 | $44,316 | OTHER | N/A | N/A |
| SCHOLARSHIPS AND TUITION DISCOUNTS | SUB-SAHARAN AFRICA | 1 | $37,948 | OTHER | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE COLLEGE'S FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON ELIGIBILITY CRITERIA PREDETERMINED BY DONORS AND COLLEGE POLICIES. ALL AWARDS ARE APPLIED TO TUITION AND RELATED EXPENSES ONLY. |
| PART II: | THE ORGANIZATION USED THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR SCHOLARSHIPS AND TUITION DISCOUNTS IN PART I COLUMN (F) AND PART III COLUMN (D) AND (F). |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| TUITION EXCHANGE | 9 | $320,901 | N/A | N/A |
| MERIT SCHOLARSHIPS | 472 | $4,258,815 | N/A | N/A |
| ENDOWED SCHOLARSHIPS | 106 | $432,640 | N/A | N/A |
| RESTRICTED SCHOLARSHIPS | 14 | $90,781 | N/A | N/A |
| HOUSING GRANTS | 145 | $1,017,620 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE'S FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON ELIGIBILITY CRITERIA PREDETERMINED BY DONORS AND COLLEGE POLICIES. ALL AWARDS ARE APPLIED TO TUITION AND RELATED EXPENSES ONLY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RAYMOND TYMAS-JONES | ||||||||||||||
| PRESIDENT | $308,660 | $0 | $32,000 | $0 | $57,856 | $0 | $13,200 | $0 | $14,990 | $0 | $426,706 | $0 | $0 | $0 |
| DEBORAH TREEN | ||||||||||||||
| VP FINANCE & BUDGET, CFO | $169,830 | $0 | $0 | $0 | $32,183 | $0 | $8,357 | $0 | $15,258 | $0 | $225,628 | $0 | $0 | $0 |
| JAMES FALZONE | ||||||||||||||
| ACADEMIC DEAN | $126,060 | $0 | $0 | $0 | $224 | $0 | $5,621 | $0 | $19,864 | $0 | $151,769 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PAID OUT BONUSES IN 2023 AS FOLLOWS FOR PERSONS LISTED ON THE FORM 990, PART VII, SECTION A: RAYMOND TYMAS-JONES............$ 32,000 | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WASHINGTON HIGHER EDUCATION FACILITIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 911306482 | BondIssuerEIN |
| Bond Issued | 2010-12-01 | BondIssuedDt |
| Issue Price | $20,323,000 | IssuePriceAmt |
| Purpose | FINANCING AND REFINANCING COSTS ASSOCIATED WITH THE COLLEGE'S FACILITIES | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $12,000,000 | RetiredAmt |
| Total Proceeds | $20,323,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $202,371 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $20,120,629 | WorkingCapitalExpendituresAmt |
| Substantial Completion | 2010 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEYBANK NATIONAL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $621,028 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | SUPPLIES | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $146,631 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER OF CONTRIBUTIONS WAS USED IN PART I. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES THAT HAVE BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY THE ORGANIZATIONS INDEPENDENT CPA WITH INFORMATION PROVIDED BY MANAGEMENT. A COPY OF THE 990 WAS REVIEWED BY THE CFO AND PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | AS REQUIRED BY THE COLLEGE'S CONFLICT OF INTEREST POLICY, BOARD MEMBERS COMPLETE AN ANNUAL SURVEY THAT IS REVIEWED BY THE BOARD AND THE OFFICERS OF THE COLLEGE. THE BOARD'S TRUSTEESHIP AND GOVERNANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT AND ENFORCEMENT OF CONFLICT OF INTEREST POLICIES AND PROCEDURES. ANY POTENTIAL CONFLICTS OF INTEREST ARE REPORTED TO THE AUDIT COMMITTEE FOR DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS AND ANY APPROPRIATE ACTIONS THAT ARE NEEDED AS A RESULT. IF A CONFLICT EXISTS, THE BOARD SHALL DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN CORNISH'S BEST INTEREST, THEN THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | A SUBCOMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE PRESIDENT'S PERFORMANCE AND DETERMINES COMPENSATION. THE COMMITTEE UTILIZES PEER SALARY SURVEYS AND OTHER RESEARCH IN DETERMINING THE PRESIDENT'S SALARY. DOCUMENTATION OF THE SUBCOMMITTEE DELIBERATION AND RECOMMENDATION IS HELD BY THE COLLEGE'S OFFICE OF HUMAN RESOURCES. THIS PROCESS WAS LAST COMPLETED IN 2023. THE PRESIDENT ANNUALLY REVIEWS OFFICERS' PERFORMANCES AND DETERMINES COMPENSATION. SALARY SURVEYS AND OTHER RESEARCH ARE USED IN DETERMINING COMPENSATION FOR OFFICERS. THIS PROCESS WAS LAST COMPLETED IN 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,648,573. MANAGEMENT AND GENERAL EXPENSES 1,712,265. FUNDRAISING EXPENSES 54,858. TOTAL EXPENSES 3,415,696. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNISH FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 LENORA ST | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 912105614 | EIN |
| Primary Activities | ENDOWED SCHOLARSHIPS | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNISH COLLEGE OF THE ARTS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNISH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $183,450 | InvolvedAmt |
| Method Of Amount Determination | CASH | MethodOfAmountDeterminationTxt |