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ROCHESTER INSTITUTE OF TECHNOLOGY: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ROCHESTER INSTITUTE OF TECHNOLOGY (EIN 16-0743140)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-04-04
IRS object ID
202340949349300644
Schema version
2021v4.2
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)
Return2023-04-04T20:30:09+00:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN160743140EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJames H WattersPersonNm
Person TitleSr VP Finance & AdminPersonTitleTxt
Phone5854752383PhoneNum
Signature2023-04-04SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJames HPersonFirstNm
Person LastWattersPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1David C Munson JrBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP146235603ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,593,805,023GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.rit.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1830FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionROCHESTER INSTITUTE OF TECHNOLOGY (RIT) SHAPES THE FUTURE AND IMPROVES THE WORLD THROUGH CREATIVITY AND INNOVATION. AS AN ENGAGED, INTELLECTUALLY CURIOUS, AND SOCIALLY CONSCIOUS COMMUNITY, RIT LEVERAGES THE POWER OF TECHNOLOGY, THE ARTS, AND DESIGN FOR THE GREATER GOOD.ActivityOrMissionDesc
Voting Members Governing Body41VotingMembersGoverningBodyCnt
Voting Members Independent37VotingMembersIndependentCnt
Total Employee10958TotalEmployeeCnt
Total Volunteers6081TotalVolunteersCnt
Total Gross UBI$5,249,486TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$179,271,648PYContributionsGrantsAmt
CY Contributions Grants$213,973,510CYContributionsGrantsAmt
PY Program Service Revenue$662,164,088PYProgramServiceRevenueAmt
CY Program Service Revenue$742,399,043CYProgramServiceRevenueAmt
PY Investment Income$63,667,291PYInvestmentIncomeAmt
CY Investment Income$108,580,861CYInvestmentIncomeAmt
PY Other Revenue$4,470,154PYOtherRevenueAmt
CY Other Revenue$6,370,931CYOtherRevenueAmt
PY Total Revenue$909,573,181PYTotalRevenueAmt
CY Total Revenue$1,071,324,345CYTotalRevenueAmt
PY Grants And Similar Paid$293,055,691PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$352,656,560CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$384,272,843PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$404,206,234CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$219,947PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$299,920CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$10,668,644CYTotalFundraisingExpenseAmt
PY Other Expenses$157,242,377PYOtherExpensesAmt
CY Other Expenses$165,159,873CYOtherExpensesAmt
PY Total Expenses$834,790,858PYTotalExpensesAmt
CY Total Expenses$922,322,587CYTotalExpensesAmt
PY Revenues Less Expenses$74,782,323PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$149,001,758CYRevenuesLessExpensesAmt
Total Assets BOY$2,550,492,860TotalAssetsBOYAmt
Total Assets EOY$2,526,196,996TotalAssetsEOYAmt
Total Liabilities BOY$641,475,929TotalLiabilitiesBOYAmt
Total Liabilities EOY$613,951,641TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,909,016,931NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,912,245,355NetAssetsOrFundBalancesEOYAmt
MissionROCHESTER INSTITUTE OF TECHNOLOGY (RIT) SHAPES THE FUTURE AND IMPROVES THE WORLD THROUGH CREATIVITY AND INNOVATION. AS AN ENGAGED, INTELLECTUALLY CURIOUS, AND SOCIALLY CONSCIOUS COMMUNITY, RIT LEVERAGES THE POWER OF TECHNOLOGY, THE ARTS, AND DESIGN FOR THE GREATER GOOD.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$641,801,476ExpenseAmt
Grant$321,742,326GrantAmt
Revenue$646,986,135RevenueAmt
DescInstruction and Academic Support - Established in 1829, RIT is one of the world's premier universities with an innovative and creative student body from all fifty states and over 100 nations. RIT total enrollment in Fall 2021 was approximately 19,720, which included approximately 16,670 undergraduate and 3,050 graduate students. Approximately 16,875 students are enrolled at RIT's main campus and the remainder at international locations. RIT is comprised of nine colleges and two degree-granting academic units offering 254 graduate and undergraduate programs. NTID (National Technical Institute for the Deaf), one of RIT's colleges, is the world's first and largest technical institute college for deaf students with approximately 1,170 students from the United States and abroad. Over the preceding 10 years, enrollment has increased from 17,652 students in the Fall of 2011 to 19,718 students in the Fall of 2021, an increase of 12%.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$153,101,982ExpenseAmt
Grant$22,733,104GrantAmt
Revenue$90,675,582RevenueAmt
DescStudent and Auxiliary Services - Student services provide students with additional enrichment and educational opportunities. Such services include student health, athletics, and other recreational activities. Auxiliaries provide essential services to students in support of RIT's educational mission. These services include housing operations and dining services. Sales and services of auxiliary enterprises generated total revenue of $86 million, an increase of $18.1M from the prior year. Surpluses from auxiliary services support the operating budget of the University.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$65,588,223ExpenseAmt
Grant$8,181,129GrantAmt
Revenue$4,737,326RevenueAmt
DescResearch and Public Support - RIT engages in public service activities that benefit the general community in which it resides, including training, postsecondary education for the deaf and hard of hearing, and K-12 programs. RIT also conducts research to advance the body of knowledge, enhance student and faculty learning and build its reputation in the scientific and technical communities in support of, or in concert with, the University's exempt mission, while providing positive returns to our sponsoring partners. As articulated in RIT's strategic plan, the University continues to place emphasis on its revenue growth in the research portfolio.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$860,491,681TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document2021IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee10958EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryHRForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members41GoverningBodyVotingMembersCnt
Independent Voting Member37IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP146235603ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (66 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
DAVID C MUNSON
PRESIDENT40.00.1Yes (X)Yes (X)$873,883$0$97,778
ANDREW N BRENNEMAN
TRUSTEE0.1Yes (X)$0$0$0
ANDREW R JACOBSON
TRUSTEE0.1Yes (X)$0$0$0
ARTHUR A GOSNELL
TRUSTEE0.1Yes (X)$0$0$0
AUSTIN W MCCHORD
TRUSTEE0.1Yes (X)$0$0$0
BRIAN P O'SHAUGHNESSY
TRUSTEE0.1Yes (X)$0$0$0
BROOKS H BOWER
TRUSTEE0.1Yes (X)$0$0$0
CAROL B CALA
TRUSTEE0.1Yes (X)$0$0$0
CHARLES S BROWN JR
TRUSTEE0.1Yes (X)$0$0$0
CHESTER N WATSON
TRUSTEE0.1Yes (X)$0$0$0
CHRISTINE B WHITMAN
TRUSTEE0.10.1Yes (X)$0$0$0
CHRISTOPHER LEHFELDT
TRUSTEE0.1Yes (X)$0$0$0
CLAYTON P TURNER
TRUSTEE0.1Yes (X)$0$0$0
DALE J DAVIS
TRUSTEE0.1Yes (X)$0$0$0
DANA A MEHNERT
TRUSTEE0.1Yes (X)$0$0$0
DARSHAN N HIRANANDANI
TRUSTEE0.10.1Yes (X)$0$0$0
DAVID J BURNS
TRUSTEE0.10.1Yes (X)$0$0$0
DINAH G WEISBERG
TRUSTEE0.10.1Yes (X)$0$0$0
DONALD J TRUESDALE
TRUSTEE0.1Yes (X)$0$0$0
ERIC J BIEBER
TRUSTEE0.1Yes (X)$0$0$0
ERIC J KUCKHOFF
TRUSTEE0.1Yes (X)$0$0$0
ESSIE L CALHOUN-MCDAVID
TRUSTEE0.1Yes (X)$0$0$0
FRANK S SKLARSKY
TRUSTEE0.1Yes (X)$0$0$0
GERARD Q PIERCE
TRUSTEE0.1Yes (X)$0$0$0
HYACINTH DRUMMOND
TRUSTEE0.1Yes (X)$0$0$0
JAMES P SWIFT
TRUSTEE0.1Yes (X)$0$0$0
JEFFREY K HARRIS
TRUSTEE0.1Yes (X)$0$0$0
JUDY B VON BUCHER
TRUSTEE0.1Yes (X)$0$0$0
KATHY M YU
TRUSTEE0.1Yes (X)$0$0$0
KEVIN J SURACE
TRUSTEE0.1Yes (X)$0$0$0
KIM E VANGELDER
TRUSTEE0.1Yes (X)$0$0$0
MARK E HAMISTER
TRUSTEE0.1Yes (X)$0$0$0
MARK G BARBERIO
TRUSTEE0.1Yes (X)$0$0$0
NICHOLAS M SCHNEIDER
TRUSTEE0.1Yes (X)$0$0$0
NITA GENOVA
TRUSTEE0.1Yes (X)$0$0$0
PAMELA LLOYD-OGOKE
TRUSTEE0.1Yes (X)$0$0$0
RICK A KITTLES PHD
TRUSTEE0.1Yes (X)$0$0$0
ROBERT W AUGUST
TRUSTEE0.10.1Yes (X)$0$0$0
RONALD L ZARRELLA
TRUSTEE0.1Yes (X)$0$0$0
RONALD S RICOTTA
TRUSTEE0.1Yes (X)$0$0$0
ROOSEVELT MERCER JR
TRUSTEE0.1Yes (X)$0$0$0
SHARON D NAPIER
TRUSTEE0.1Yes (X)$0$0$0
SHARON TING
TRUSTEE0.1Yes (X)$0$0$0
SUSAN M PUGLIA
TRUSTEE0.1Yes (X)$0$0$0
SUSAN R HOLLIDAY
TRUSTEE0.1Yes (X)$0$0$0
VICTORIA D GRIFFITH
TRUSTEE0.1Yes (X)$0$0$0
ELLEN M GRANBERG
PROVOST AND SVP ACADEMIC AFFAIRS40.00.1Yes (X)$468,205$0$46,113
GERARD BUCKLEY
PRESIDENT NTID & VP AND DEAN RIT40.0Yes (X)$359,514$0$49,289
IAN J MORTIMER
VP ENROLLMENT MGMT & ASSOC PROVOST, RIT CERTIFIED40.00.1Yes (X)$390,298$0$53,276
JAMES H WATTERS
SVP FINANCE AND ADMINISTRATION40.00.1Yes (X)$573,332$0$41,322
JOHN K TRIERWEILER
VP CHIEF MARKETING OFFICER40.0Yes (X)$298,695$0$56,169
KEITH JENKINS
VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION40.0Yes (X)$224,934$0$54,677
LISA A CHASE
VP & SECRETARY OF THE INSTITUTE40.0Yes (X)$288,035$0$43,462
PHILLIP D CASTLEBERRY
VP UNIVERSITY ADVANCEMENT40.0Yes (X)$382,568$0$47,331
ROBERT COLON
VP & GENERAL COUNSEL40.0Yes (X)$286,168$0$50,802
RYNE RAFFAELLE
VP RESEARCH40.0Yes (X)$367,523$0$89,120
SANDRA S JOHNSON
SVP STUDENT AFFAIRS40.0Yes (X)$357,188$0$92,900
VANESSA J HERMAN
VP FOR GOVT & COMMUNITY RELATIONS40.0Yes (X)$274,766$0$36,001
DANIEL ORNT
PROFESSOR40.0$428,905$0$46,107Yes (X)
DONALD F FIGER
PROF AND DIR CENTER FOR DETECTORS40.0$324,226$0$80,986Yes (X)
DOREEN EDWARDS
DEAN COLLEGE OF ENGINEERING40.0$333,299$0$45,796Yes (X)
JACQUELINE MOZRALL
DEAN SAUNDERS COLLEGE OF BUSINESS40.0$388,494$0$104,412Yes (X)
NABIL Z NASR
ASSOC PROVOST DIR GOLISANO INST OF SUSTAINABILITY40.0$582,066$0$51,141Yes (X)
CHRISTINE M LICATA
FORMER INTERIM PROVOST40.0$277,096$0$44,523Yes (X)
KAREN A BARROWS
FORMER SECRETARY OF THE INST AND CHIEF OF STAFF40.0$144,770$0$22,913Yes (X)
KATHERINE J MAYBERRY
FORMER VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES40.0$244,540$0$33,029Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$7,868,505TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,187,147TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K653IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
HBT ARCHITECTS LLP
2 ELTON STREETROCHESTERNY14607ARCHITECT SERVICES$3,143,189
LECHASE CONSTRUCTION SERVICES LLC
205 INDIGO CREEK DRROCHESTERNY14626CONSTRUCTION SERVICES$1,480,539
FREDERICO CONSTRUCTION & DEVELOPMENT LLC
1017 CHILI AVENUE STE 1ROCHESTERNY14611CONSTRUCTION SERVICES$1,090,051
BOND SCHOENECK & KING PLLC
ONE LINCOLN CENTERSYRACUSENY132021355LEGAL SERVICES$738,337
WHEELER JOSEPH C (DBA JW RENOVATIONS)
10 HAWKS LANDINGHILTONNY14468RENOVATION SERVICES$400,211
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K31CntrctRcvdGreaterThan100KCnt
Fundraising$14,715FundraisingAmt
Government Grants$181,600,094GovernmentGrantsAmt
All Other Contributions$32,358,701AllOtherContributionsAmt
Noncash Contributions$11,214,558NoncashContributionsAmt
Total Contributions$213,973,510TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition900099$646,786,754$646,786,754
Auxiliary Services721000$80,265,550$80,265,550
Research900099$1,429,133$1,429,133$0
Non-credit Instruction900099$2,314,054$2,314,054
Fees713990$2,490,103$344,770$2,145,333

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,113,449TotalRevenueColumnAmt
Related Or Exempt Func Income$8,684,714RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$428,735ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$742,399,043TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,331,652TotalRevenueColumnAmt
Unrelated Business Revenue$1,047,913UnrelatedBusinessRevenueAmt
Exclusion$19,283,739ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$893,984TotalRevenueColumnAmt
Exclusion$893,984ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$502,941TotalRevenueColumnAmt
Exclusion$502,941ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$356,884RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$808,833RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$451,949RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$451,949TotalRevenueColumnAmt
Exclusion-$451,949ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$608,968,339SecuritiesAmt
Other$26,135OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$520,035,040SecuritiesAmt
Other$1,604,209OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$88,933,299SecuritiesAmt
Other-$1,578,074OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$87,355,225TotalRevenueColumnAmt
Related Or Exempt Func Income$26,135RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,494,581UnrelatedBusinessRevenueAmt
Exclusion$85,834,509ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$23,957FundraisingGrossIncomeAmt
Fundraising Direct Expenses$32,596FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$8,639TotalRevenueColumnAmt
Exclusion-$8,639ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RIT Inn and Conference Center721110$2,398,886$2,398,886$0
Margaret's House624410$557,849$557,849
Parking812930$1,444,722$1,444,722

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,927,121TotalRevenueColumnAmt
Related Or Exempt Func Income$1,211,037RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$308,106UnrelatedBusinessRevenueAmt
Exclusion$407,978ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$6,328,578OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,071,324,345TotalRevenueColumnAmt
Related Or Exempt Func Income$660,812,186RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$5,249,486UnrelatedBusinessRevenueAmt
Exclusion$191,289,163ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$509,318TotalAmt
Program Services$509,318ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$351,975,898TotalAmt
Program Services$351,975,898ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$171,344TotalAmt
Program Services$171,344ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,366,129TotalAmt
Program Services$1,098,498ProgramServicesAmt
Management And General$3,015,974ManagementAndGeneralAmt
Fundraising$1,251,657FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$300,476,659TotalAmt
Program Services$272,042,790ProgramServicesAmt
Management And General$22,977,952ManagementAndGeneralAmt
Fundraising$5,455,917FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$22,372,085TotalAmt
Program Services$19,891,705ProgramServicesAmt
Management And General$1,993,049ManagementAndGeneralAmt
Fundraising$487,331FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$55,514,864TotalAmt
Program Services$49,542,421ProgramServicesAmt
Management And General$4,676,910ManagementAndGeneralAmt
Fundraising$1,295,533FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,476,497TotalAmt
Program Services$18,206,279ProgramServicesAmt
Management And General$1,824,178ManagementAndGeneralAmt
Fundraising$446,040FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$325,923TotalAmt
Program Services$134,131ProgramServicesAmt
Management And General$191,792ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,201,099TotalAmt
Program Services$286,880ProgramServicesAmt
Management And General$908,446ManagementAndGeneralAmt
Fundraising$5,773FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$380,286TotalAmt
Management And General$380,286ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$366,980TotalAmt
Management And General$360,307ManagementAndGeneralAmt
Fundraising$6,673FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$299,920TotalAmt
Fundraising$299,920FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$134,926TotalAmt
Management And General$134,926ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$38,600,871TotalAmt
Program Services$33,609,535ProgramServicesAmt
Management And General$4,830,947ManagementAndGeneralAmt
Fundraising$160,389FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,287,248TotalAmt
Program Services$2,001,349ProgramServicesAmt
Management And General$111,440ManagementAndGeneralAmt
Fundraising$174,459FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$48,433,424TotalAmt
Program Services$43,320,627ProgramServicesAmt
Management And General$4,776,086ManagementAndGeneralAmt
Fundraising$336,711FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,992,051TotalAmt
Program Services$6,692,183ProgramServicesAmt
Management And General$1,069,361ManagementAndGeneralAmt
Fundraising$230,507FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$53,311TotalAmt
Program Services$52,570ProgramServicesAmt
Fundraising$741FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$11,263,604TotalAmt
Program Services$10,594,261ProgramServicesAmt
Management And General$656,419ManagementAndGeneralAmt
Fundraising$12,924FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,276,027TotalAmt
Program Services$10,821,041ProgramServicesAmt
Management And General$929,972ManagementAndGeneralAmt
Fundraising$525,014FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,217,644TotalAmt
Program Services$9,412,122ProgramServicesAmt
Management And General$805,522ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$41,483,688TotalAmt
Program Services$38,056,925ProgramServicesAmt
Management And General$3,418,840ManagementAndGeneralAmt
Fundraising$7,923FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,471,160TotalAmt
Program Services$3,240,702ProgramServicesAmt
Management And General$230,458ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EXPENSE RECOVERIES FROM AFFILIATES-$2,499,582-$1,798,160-$701,422
Postretirement Benefits ASC 715-$16,010,424-$14,235,358-$1,736,400-$38,666
Asset Retirement Obligations ASC 410-20$2,281,299$2,127,365$153,934
Bad Debt Expense$1,277,822$10,386$1,267,436

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,622,516TotalAmt
Program Services$2,726,869ProgramServicesAmt
Management And General-$1,114,151ManagementAndGeneralAmt
Fundraising$9,798FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$922,322,587TotalAmt
Program Services$860,491,681ProgramServicesAmt
Management And General$51,162,262ManagementAndGeneralAmt
Fundraising$10,668,644FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$362,945BOYAmt
EOY$346,921EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$128,820,626BOYAmt
EOY$145,732,845EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$56,739,882BOYAmt
EOY$50,741,736EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$34,301,074BOYAmt
EOY$26,413,850EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$7,311,503BOYAmt
EOY$7,778,069EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,965,041BOYAmt
EOY$11,097,233EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,400,294,023LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$676,796,060LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$680,644,209BOYAmt
EOY$723,497,963EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$456,616,112BOYAmt
EOY$368,412,873EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,174,170,859BOYAmt
EOY$1,189,904,610EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,560,609BOYAmt
EOY$2,270,896EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,550,492,860BOYAmt
EOY$2,526,196,996EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$58,536,167BOYAmt
EOY$65,958,298EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$39,670,863BOYAmt
EOY$40,215,472EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$355,424,806BOYAmt
EOY$342,403,052EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$297,724BOYAmt
EOY$261,279EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$187,546,369BOYAmt
EOY$165,113,540EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$641,475,929BOYAmt
EOY$613,951,641EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,212,508,223BOYAmt
EOY$1,237,636,714EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$696,508,708BOYAmt
EOY$674,608,641EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,909,016,931BOYAmt
EOY$1,912,245,355EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,550,492,860BOYAmt
EOY$2,526,196,996EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$149,001,758ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$145,773,334NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$184,780,902CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$170,142,556CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$168,094,401CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$179,246,718CurrentTaxYearMinus1YearAmt
Current Tax Year$213,949,396CurrentTaxYearAmt
Total$916,213,973TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$184,780,902CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$170,142,556CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$168,094,401CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$179,246,718CurrentTaxYearMinus1YearAmt
Current Tax Year$213,949,396CurrentTaxYearAmt
Total$916,213,973TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$30,819,817SubstantialContributorsTotAmt
Public Support Total170$885,394,156PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,252,127CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,365,158CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,005,898CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,697,060CurrentTaxYearMinus1YearAmt
Current Tax Year$21,037,548CurrentTaxYearAmt
Total$96,357,791TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

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

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,995,983CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,472,892CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,154,893CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$873,837CurrentTaxYearMinus1YearAmt
Current Tax Year$989,785CurrentTaxYearAmt
Total$6,487,390TotalAmt
FieldValueIRS element (for citing)
Total Support$1,019,059,154TotalSupportAmt
Gross Receipts Rltd Activities$2,881,307,211GrossReceiptsRltdActivitiesAmt
Public Support CY1700.8688PublicSupportCY170Pct
Public Support PY1700.8601PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - COMMISSIONS - BOOKSTORE, COLUMN A - 971660.0, COLUMN B - 509756.0, COLUMN C - 434951.0, COLUMN D - 331281.0, COLUMN E - 382432.0, COLUMN F - 2630080.0; DESCRIPTION - MARGARETS HOUSE, COLUMN A - 977198.0, COLUMN B - 915451.0, COLUMN C - 694246.0, COLUMN D - 497593.0, COLUMN E - 557849.0, COLUMN F - 3642337.0; DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 21455.0, COLUMN B - 22685.0, COLUMN C - 0.0, COLUMN D - 18865.0, COLUMN E - 23957.0, COLUMN F - 86962.0; DESCRIPTION - ALL OTHER REVENUE, COLUMN A - 25670.0, COLUMN B - 25000.0, COLUMN C - 25696.0, COLUMN D - 26098.0, COLUMN E - 25547.0, COLUMN F - 128011.0;ExplanationTxt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

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

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$397,390FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$397,390FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$860,094,291FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$860,491,681FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

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

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

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

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

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

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

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

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$425,595CurrentYearMinus3Amt
Current Year Minus2$427,899CurrentYearMinus2Amt
Current Year Minus1$420,107CurrentYearMinus1Amt
Current Year$397,390CurrentYearAmt
Total$1,670,991TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

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

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

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

Schedule D IRS990ScheduleD

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

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$26,000RevenuesIncludedAmt
Assets Included$13,019,860AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

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

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$954,031,784BeginningYearBalanceAmt
Contributions$18,330,753ContributionsAmt
Investment Earnings Or Losses$368,607,253InvestmentEarningsOrLossesAmt
Grants Or Scholarships$9,433,384GrantsOrScholarshipsAmt
Other Expenditures$28,663,721OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$1,302,872,685EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$957,232,492BeginningYearBalanceAmt
Contributions$10,038,241ContributionsAmt
Investment Earnings Or Losses$26,304,222InvestmentEarningsOrLossesAmt
Grants Or Scholarships$9,142,719GrantsOrScholarshipsAmt
Other Expenditures$30,400,452OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$954,031,784EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$938,162,179BeginningYearBalanceAmt
Contributions$11,604,688ContributionsAmt
Investment Earnings Or Losses$42,696,485InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,498,740GrantsOrScholarshipsAmt
Other Expenditures$26,732,120OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$957,232,492EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$847,211,461BeginningYearBalanceAmt
Contributions$42,513,404ContributionsAmt
Investment Earnings Or Losses$82,689,101InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,919,050GrantsOrScholarshipsAmt
Other Expenditures$26,332,737OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$938,162,179EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.5344BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.4631PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.0025TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,924,062OtherCostOrOtherBasisAmt
Book Value$11,924,062BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,124,862,591OtherCostOrOtherBasisAmt
Depreciation$559,481,906DepreciationAmt
Book Value$565,380,685BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$154,309,641OtherCostOrOtherBasisAmt
Depreciation$117,314,154DepreciationAmt
Book Value$36,995,487BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$109,197,729OtherCostOrOtherBasisAmt
Book Value$109,197,729BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$723,497,963TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
BENEFICIAL INTERESTS IN TRUSTS$1,813,034F
CASH SURRENDER VALUE OF LIFE INSURANCE$218,784F
COMMINGLED EQUITY FUNDS$331,253,470F
COMMINGLED FIXED INCOME FUNDS$21,985,386F
PRIVATE PLACEMENTS$561,185,538F
HEDGE FUNDS$261,869,383F
CDARS HELD FOR INVESTMENT$11,579,015F
FieldValueIRS element (for citing)
Total Book Value Securities$1,189,904,610TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
FEDERAL PERKINS LOAN PROGRAM$11,555,735
ASSET RETIREMENT OBLIGATIONS$29,820,369
ASC 715 POSTRETIREMENT BENEFITS OBLIGATION$117,703,298
RIGHT-OF-USE FINANCE LEASE OBLIGATION$721,883
ALL OTHER$5,312,255
FieldValueIRS element (for citing)
Total Liability$165,113,540TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part II, Line 9 Conservation easements financial reportingIN 2007, THE UNIVERSITY ENTERED INTO A CONSERVATION EASEMENT WITH THE TOWN OF HENRIETTA, NY. THE CONSERVATION EASEMENT IS VALUED AS PART OF THE LAND AND RECORDED IN RIT'S FINANCIAL STATEMENTS.
Schedule D, Part III, Line 4 Collections of art - description of collectionsTHE UNIVERSITY'S SPECIAL COLLECTIONS INCLUDE MANUSCRIPTS AND CORRESPONDENCE COLLECTIONS ON THE HISTORY AND PRACTICE OF GRAPHIC COMMUNICATION TECHNOLOGIES, HOLDINGS ON BOOKBINDING, PAPERMAKING, TYPE DESIGN, CALLIGRAPHY, AND BOOK ILLUSTRATION. COLLECTIONS ARE AVAILABLE TO STUDENTS, RESEARCHERS, AND THE PUBLIC THROUGH AN ONLINE DATABASE. THE UNIVERSITY CAMPUS IS ALSO HOME TO A COLLECTION OF PUBLIC ART INCLUDING, BUT NOT LIMITED TO, MURALS, PAINTINGS, AND STATUES.
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS, AS DETERMINED BY EITHER DONOR RESTRICTION OR BOARD DESIGNATION, INCLUDE SCHOLARSHIPS, AWARDS, PROFESSORSHIPS, LECTURES, AND OTHER GENERAL SUPPORT OF THE UNIVERSITY'S EDUCATIONAL AND RESEARCH MISSION.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteTHE UNIVERSITY AND ITS CONSOLIDATED US SUBSIDIARIES, EXCEPT FOR VENTURE FUND I, LLC (FUND I), ARE NOT-FOR-PROFIT ORGANIZATIONS, AND GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE IRC BUT ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX ON ACTIVITIES NOT RELATED TO THEIR EXEMPT PURPOSES. FUND I, A LIMITED LIABILITY COMPANY IS A WHOLLY OWNED SUBSIDIARY OF RIT WITH NO OTHER OWNERS, AND RIT VF ARC HOLDING LLC, A LIMITED LIABILITY COMPANY, IS A WHOLLY OWNED SUBSIDIARY OF FUND I WITH NO OTHER OWNERS, BOTH CLASSIFIED AS DISREGARDED ENTITIES FOR FEDERAL INCOME TAX PURPOSES. THE ACCOUNTING FOR INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION ADDRESSES THE DETERMINATION OF WHETHER CERTAIN TAX POSITIONS RESULT IN BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN AND WHETHER THEY SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. FOR TAX-EXEMPT ENTITIES, TAX POSITIONS INCLUDE THE ENTITY'S TAX-EXEMPT STATUS AND ASSUMPTIONS USED TO DETERMINE UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY BELIEVES ITS TAX POSITIONS MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD REFERENCED IN THE TOPIC.

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYRIT'S RACIALLY NON-DISCRIMINATORY POLICY WITH RESPECT TO STUDENT SOLICITATION IS PUBLICIZED IN ALL UNIVERSITY APPLICATIONS, REGISTRATIONS AND OTHER CAMPUS-WIDE PUBLICATIONS. IN ADDITION, RIT PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY EMPLOYMENT POLICIES WHEN RECRUITING FOR OPEN POSITIONS.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTTHE UNIVERSITY IS THE RECIPIENT OF APPROPRIATIONS AND ASSISTANCE FROM THE DEPARTMENT OF EDUCATION TO OPERATE THE NATIONAL TECHNICAL INSTITUTE FOR THE DEAF AND TO SUPPORT THE FEDERAL WORK STUDY AND FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS. THE UNIVERSITY ALSO RECEIVES AN APPROPRIATION OF DIRECT INSTITUTIONAL SUPPORT OF "BUNDY AID" FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. IN FISCAL YEAR 2021, THE UNIVERSITY AND NTID RECEIVED APPROPRIATIONS ESTABLISHED BY THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT (CRRSAA) and THE AMERICAN RESCUE PLAN ACT (ARPA). RIT received Higher Education Emergency Relief Funds (HEERF II and HEERF III) to provide emergency grants to students and to address the financial impact of lost revenues and campus modifications due to the COVID-19 pandemic. All HEERF II funds (Institutional and Student) and all Institutional HEERF III funds were expended in fiscal year 2021. All student HEERF III funds were expended in fiscal year 2022. NTID received funds to prevent, prepare for, and respond to coronavirus, including to defray expenses associated with coronavirus and to enable grants to students. Through fiscal year 2022, NTID has expended all CRRSAA funding and a portion of the ARPA funding.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the CaribbeanInvestments$303,001,937
Europe (Including Iceland and Greenland)Investments$50,742,168
North America (Canada & Mexico only)Investments$830,746
Middle East and North AfricaInvestments$250,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$354,824,851SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$354,824,851TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
Sub-Saharan AfricaMachine learning dataset development for Manding languages$29,127WIRE
North America (Canada & Mexico only)PROVIDE CLINICAL AND IMAGING EXPERTISE COMPLEMENTAR Y TO COMPUTATIONAL BIOMEDICINE EXPERTISE AT RIT.$142,217CHECK
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual
Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statementsNORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SUB-SAHARAN AFRICA-Accrual

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
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
RUFFALO NOEL LEVITZ
1025 KIRKWOOD PARKWAY SW ATTENTIONCFOCEDAR RAPIDSIA524048629ADVISORS TO THE UNIVERSITY ON SECURING PLEDGES AND DONATIONSfalse$0$200,766-$200,766
BENTZ WHALEY FLESSNER AND ASSOCIATES INC
7900 XERXES AVE SMINNEAPOLISMN55431EVALUATION OF PROSPECT CAPACITY, ANNUAL GIVING, PROSPECT DEVELOPMENT, AND STAFFING STRUCTUREfalse$0$99,154-$99,154
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$299,920TotalRetainedByContractorsAmt
Total Net To Organization-$299,920TotalNetToOrganizationAmt
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesALLicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesWALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1TIGER OPENEvent1Nm
Gross Receipts Event1$38,672GrossReceiptsEvent1Amt
Charitable Contri Event1$14,715CharitableContriEvent1Amt
Gross Revenue Event1$23,957GrossRevenueEvent1Amt
Non Cash Prizes Event1$2,786NonCashPrizesEvent1Amt
Rent Facility Costs Event1$8,855RentFacilityCostsEvent1Amt
Food And Beverage Event1$11,585FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$9,370OtherDirectExpensesEvent1Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$38,672GrossReceiptsTotalAmt
Charitable Contributions Tot$14,715CharitableContributionsTotAmt
Gross Revenue Total Events$23,957GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$2,786NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$8,855RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$11,585FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$9,370OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$32,596DirectExpenseSummaryEventsAmt
Net Income Summary-$8,639NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule G, Part I, Line 2b(ii) Describe the custody or control arrangement.FormAndLineReferenceDesc
ExplanationRUFFALO NOEL LEVITZ-RUFFALO NOEL LEVITZ, LLC WILL NOT HAVE CUSTODY OR CONTROL OF CONTRIBUTIONS AT ANY TIME. ROCHESTER INSTITUTE OF TECHNOLOGY (RIT) EXERCISES CONTROL AND APPROVAL OVER CONTENT, VOLUME, AND FREQUENCY OF ALL SOLICITATIONS. RIT SECURES PLEDGES AND DONATIONS TO SUPPORT OPERATIONAL ACTIVITIES. THE SPECIFIC APPLICATION OF THE FUND WILL BE AT THE DISCRETION OF RIT.;BENTZ, WHALEY, FLESSNER, AND ASSOCIATES INC-BENTZ, WHALEY, FLESSNER, AND ASSOCIATES INC WILL NOT HAVE CUSTODY OR CONTROL OF CONTRIBUTIONS AT ANY TIME. ROCHESTER INSTITUTE OF TECHNOLOGY (RIT) EXERCISES CONTROL AND APPROVAL OVER CONTENT, VOLUME, AND FREQUENCY OF ALL SOLICITATIONS. RIT SECURES PLEDGES AND DONATIONS TO SUPPORT OPERATIONAL ACTIVITIES. THE SPECIFIC APPLICATION OF THE FUND WILL BE AT THE DISCRETION OF RIT.;ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (19 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ALEXANDER GRAHAM BELL ASSOCIATION FOR THE DEAF AND HARD OF HEARING
3417 Volta Place NWWashingtonDC20007530196644501C3$15,000Sponsorship/Event Sponsorship
ATOMIC HANDS
3916 Wallace RdCapitol HeightsMD207433251844020988501C3$10,000Sponsorship
CENTER FOR YOUTH SERVICES
905 Monroe AveRochesterNY14620160992259501C3$11,250Sponsorship
CLARKE SCHOOL FOR THE DEAF
45 Round Hill RdNorthamptonMA01060042104008501C3$12,000Sponsorship
CONFERENCE OF EDUCATIONAL ADMINISTRATORS
PO BOX 116Washington GroveMD20880520845428501C3$14,000Sponsorship/Event Sponsorship
CORNELL UNIVERSITY
341 PINE TREE ROADITHACANY14850150532082501C3$10,000Event Sponsorship
DISTRIBUTIVE EDUCATION CLUBS OF AMER INC
1908 Association DrRestonVA20191530215806501C3$8,125Sponsorship
GREATER ROCHESTER ENTERPRISE INC
100 Chestnut St Ste 1910RochesterNY14604100000080501C6$50,000General Support
HANDS & VOICES
PO Box 3093BoulderCO80307201549740501C3$38,000Sponsorship/Event Sponsorship
HENRIETTA FIRE DISTRICT
850 Bailey RdW HenriettaNY14586160974231State of NY$45,000General Support
HOCKEY WESTERN NEW YORK LLC
One Seymour H Knox III PlazaBuffaloNY14203562330641STATE LAW$25,000Sponsorship
MARK SEVEN DEAF FOUNDATION INC
144 Mohawk Hotel RdOld ForgeNY13420521158675501C3$20,000Event Sponsorship
NATIONAL ASSOCIATION OF THE DEAF
8630 Fenton St Ste 820Silver SpringMD20910941358295501C3$19,500Event Sponsorship
ROCHESTER FRINGE FESTIVAL INC
208 Mill Street-Lower LevelRochesterNY14614452840652501C3$25,000Event Sponsorship
ROCHESTER HOCKEY LLC
One Seymour H Knox III PlazaBuffaloNY14203452600404STATE LAW$10,000Event Sponsorship
ROCHESTER REGIONAL HEALTH FOUNDATION
100 Kings Highway South No 2300RochesterNY14617222229425501C3$25,000Event Sponsorship
SOUTHEAST REGIONAL INSTITUTE ON DEAFNESS
5266 DURAND HWYWarm SpringGA31830010554310501C3$10,000Event Sponsorship
USA DEAF SPORTS FEDERATION INC
4001 BUCKEYSTOWN PIKE 92BUCKEYSTOWNMD21717526044700501C3$12,500Event Sponsorship
WOMEN IN CYBERSECURITY (WICYS)
370 S Lowe AveCookevilleTN38501822750482501C3$5,600Event Sponsorship
FieldValueIRS element (for citing)
Total501c3 Org16Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt

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

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIP15122$318,545,190
GRADUATE RESEARCH ASSISTANCE524$8,691,893
FELLOWSHIPS52$292,836
STUDENT LEADERS AND ENTREPRENEURS335$484,562

Supplemental Information Detail SupplementalInformationDetail (2 entries)

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

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID C MUNSON
PRESIDENT$784,922$0$45,247$0$43,714$0$26,100$0$71,678$0$971,661$0$0$0
JAMES H WATTERS
SVP FINANCE AND ADMINISTRATION$534,279$0$22,176$0$16,877$0$29,000$0$12,322$0$614,654$0$0$0
ELLEN M GRANBERG
PROVOST AND SVP ACADEMIC AFFAIRS$452,074$0$15,229$0$902$0$26,100$0$20,013$0$514,318$0$0$0
RYNE RAFFAELLE
VP RESEARCH$345,277$0$0$0$22,246$0$29,000$0$60,120$0$456,643$0$0$0
SANDRA S JOHNSON
SVP STUDENT AFFAIRS$341,887$0$5,911$0$9,390$0$26,100$0$66,800$0$450,088$0$0$0
IAN J MORTIMER
VP ENROLLMENT MGMT & ASSOC PROVOST, RIT CERTIFIED$364,185$0$0$0$26,113$0$26,100$0$27,176$0$443,574$0$0$0
PHILLIP D CASTLEBERRY
VP UNIVERSITY ADVANCEMENT$374,891$0$0$0$7,677$0$26,100$0$21,231$0$429,899$0$0$0
GERARD BUCKLEY
PRESIDENT NTID & VP AND DEAN RIT$352,271$0$0$0$7,243$0$29,000$0$20,289$0$408,803$0$0$0
JOHN K TRIERWEILER
VP CHIEF MARKETING OFFICER$295,046$0$0$0$3,649$0$26,100$0$30,069$0$354,864$0$0$0
ROBERT COLON
VP & GENERAL COUNSEL$283,461$0$0$0$2,707$0$29,000$0$21,802$0$336,970$0$0$0
LISA A CHASE
VP & SECRETARY OF THE INSTITUTE$286,099$0$0$0$1,936$0$29,000$0$14,462$0$331,497$0$0$0
VANESSA J HERMAN
VP FOR GOVT & COMMUNITY RELATIONS$256,953$0$0$0$17,813$0$21,632$0$14,369$0$310,767$0$0$0
KEITH JENKINS
VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION$220,608$0$0$0$4,326$0$22,796$0$31,881$0$279,611$0$0$0
NABIL Z NASR
ASSOC PROVOST DIR GOLISANO INST OF SUSTAINABILITY$466,520$0$0$0$115,546$0$29,000$0$22,141$0$633,207$0$0$0
JACQUELINE MOZRALL
DEAN SAUNDERS COLLEGE OF BUSINESS$358,392$0$0$0$30,102$0$29,000$0$75,412$0$492,906$0$0$0
DANIEL ORNT
PROFESSOR$408,738$0$0$0$20,167$0$26,100$0$20,007$0$475,012$0$0$0
DONALD F FIGER
PROF AND DIR CENTER FOR DETECTORS$286,570$0$0$0$37,656$0$22,023$0$58,963$0$405,212$0$0$0
DOREEN EDWARDS
DEAN COLLEGE OF ENGINEERING$332,627$0$0$0$672$0$26,100$0$19,696$0$379,095$0$0$0
CHRISTINE M LICATA
FORMER INTERIM PROVOST$269,865$0$0$0$7,231$0$27,800$0$16,723$0$321,619$0$0$0
KATHERINE J MAYBERRY
FORMER VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES$227,574$0$0$0$16,966$0$23,103$0$9,926$0$277,569$0$0$0
KAREN A BARROWS
FORMER SECRETARY OF THE INST AND CHIEF OF STAFF$142,493$0$0$0$2,277$0$14,380$0$8,533$0$167,683$0$0$0

Supplemental Information Detail SupplementalInformationDetail (6 entries)

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

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DASNY RIT SERIES 2006A
A14600029364983QF382006-05-04$61,706,239SEE SUPPLEMENTAL INFORMATIONfalsefalsefalse
DASNY RIT SERIES 2012A
B146000293649907HM72012-12-12$168,217,368SEE SUPPLEMENTAL INFORMATIONYes (true)falsefalse
DASNY RIT Series 2019A
C14600029364990GTN22019-10-08$143,479,011SEE SUPPLEMENTAL INFORMATIONfalsefalsefalse
DASNY RIT Series 2020A
D14600029364990GUV22020-04-03$57,366,744SEE SUPPLEMENTAL INFORMATIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$52,325,000$0$61,710,620$0$0$0$457,585$470,127$15,809$0$60,767,099$02000falseYes (true)Yes (true)Yes (true)
B$8,200,000$136,050,000$168,328,534$0$2,881,587$0$854,858$0$0$58,089,438$109,384,237$02015falseYes (true)Yes (true)Yes (true)
C$0$0$147,109,923$0$0$0$647,850$0$0$50,276,523$22,669,875$73,515,678falsefalsefalseYes (true)
D$3,855,000$0$57,371,208$0$0$0$341,939$0$0$0$57,029,269$0Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0.00.00.0
B0.00030.00.0003falseYes (true)Yes (true)falseYes (true)falsefalsefalseYes (true)
C0.00.00.0falseYes (true)Yes (true)falseYes (true)falsefalsefalseYes (true)
D0.00010.00.0001falseYes (true)Yes (true)falseYes (true)falsefalsefalseYes (true)

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
AfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
BfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
CfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)
DfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (16 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part II, Line 11 LINE 11B, SERIES 2012OTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES AND $109,309,237 OF PROCEEDS USED TO LEGAL DEFEASE SERIES 2002B AND SERIES 2008A WITH REDEMPTION DATES OF JULY 1, 2016 AND JULY 1, 2018, RESPECTIVELY
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2006ALINE A (f): THE SERIES 2006A (ADVANCE REFUNDING OF DASNY, RIT SERIES 1997, ISSUED JULY 15, 1997) - PROJECT CONSISTS OF CONSTRUCTION, RENOVATION AND IMPROVEMENTS TO VARIOUS RESIDENTIAL BUILDINGS AND APARTMENT COMPLEXES AND A FINANCIAL INFORMATION SYSTEM. PURSUANT TO CODE SECTION 150(C)(3)(ii), THE ISSUE REPORTED IN THE INFORMATION RETURN FOR TAX-EXEMPT PRIVATE ACTIVITY BOND ISSUES (FORM 8038) AND THE REISSUANCE OF THE SAME DATE OF THE ISSUER'S ROCHESTER INSTITUTE OF TECHNOLOGY INSURED REVENUE BONDS, SERIES 2002B. AS REPORTED IN A SEPARATE 8038 DATED MAY 4, 2006, ARE TREATED AS PARTS OF A SINGLE ISSUE FOR CERTAIN PURPOSES DESCRIBED IN A CODE SECTION 150(C)(3)(ii).
Schedule K, Part II, Line 11 LINE 11A, SERIES 2006AOTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES, $400,919 FOR STATE ISSUANCE FEES AND $60,291,180 OF PROCEEDS USED TO LEGALLY DEFEASE THE OUTSTANDING AGGREGATE PRINCIPAL AMOUNT OF SERIES 1997. THE REFUNDED BONDS WERE CALLED ON JULY 1, 2007.
Schedule K, Part II, Line 3 LINES 3A, 3B, 3C, 3D RESPECTIVELYTOTAL PROCEEDS OF ISSUE, INCLUDES INVESTMENT PROCEEDS OF: 2006A: $4,381; 2012: $111,166; 2019A: $3,630,915; AND 2020A: $4,464 RESPECTIVELY.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2012LINE B (f): THE 2012 PROJECT CONSISTS OF THE CONSTRUCTION OF AN ICE ARENA, RENOVATIONS AND IMPROVEMENTS TO THE INSTITUTE OF HEALTH SCIENCE AND TECHNOLOGY, RENOVATIONS OF LABS, ACQUISITION OF UNIVERSITY COMMONS II, AND PARTIAL REFUNDING OF THE SERIES 2002B AND 2008A.
Schedule K, Part II, Line 7 LINE 7B, SERIES 2012ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $832,806 WERE ADJUSTED FOR $22,052 OF ADDITIONAL PROCEEDS. THESE PROCEEDS, ($22,052), TOGETHER WITH INVESTMENT PROCEEDS OF $111,166, ARE INCLUDED IN PART II, LINE 10B, CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 7 LINE 7A, SERIES 2006AORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $469,013 WERE ADJUSTED FOR $11,428 OF UNUSED PROCEEDS. THESE PROCEEDS ($11,428), TOGETHER WITH INVESTMENT PROCEEDS OF $4,381, ARE INCLUDED IN PART II, LINE 9A, WORKING CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 9 LINE 9A, SERIES 2006AWORKING CAPITAL EXPENDITURES FROM PROCEEDS REPRESENT UNUSED ORIGINAL ISSUANCE PROCEEDS OF $11,428 AND INVESTMENT PROCEEDS OF $4,381. THE INVESTMENT PROCEEDS ARE INCLUDED IN PART II, LINE 3A TOTAL PROCEEDS OF ISSUE.
Schedule K, Part II, Line 11 LINE 11C, SERIES 2019AOTHER SPENT PROCEEDS INCLUDES $47,311 FOR ISSUER/DASNY FEES AND $22,622,564 FOR REFINANCING OF TAXABLE BANK LOAN.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2019ALINE C (f): THE SERIES 2019A PROJECT CONSISTS OF THE CONSTRUCTION OF THE STUDENT HALL FOR EXPLORATION AND DEVELOPMENT (SHED), RENOVATIONS TO THE LIBRARY, A NEW STUDENT MUSICAL PERFORMANCE THEATER AND REFINANCING AN OUTSTANDING TAXABLE BANK LOAN.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2020ALINE D (f): THE SERIES 2020A PROJECT CONSISTS OF REFUNDING A PORTION OF SERIES 2010 BONDS.
Schedule K, Part II, Line 11 LINE 11D, SERIES 2020AOTHER SPENT PROCEEDS INCLUDES $57,029,269 TO LEGALLY DEFEASE A PORTION OF SERIES 2010 BONDS WITH A REDEMPTION DATE OF JULY 1, 2020.
Schedule K, Part II, Line 7 LINE 7C, SERIES 2019AORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $647,120 WERE ADJUSTED FOR $1,082 OF UNUSED PROCEEDS, NET OF INVESTMENT EARNINGS FOR A TOTAL ADJUSTMENT OF $730.
Schedule K, Part II, Line 7 LINE 7D, SERIES 2020AORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $337,475, WERE ADJUSTED FOR $9,761 OF UNUSED PROCEEDS NET OF INVESTMENT EARNINGS FOR A TOTAL ADJUSTMENT OF $4,464.
Schedule K, Part IV, Line 2c COLUMN AIssuer name: DASNY, RIT SERIES 2006A The calculation for computing no rebate due was performed on 12/31/2020
Schedule K, Part IV, Line 2c COLUMN BIssuer name: DASNY, RIT SERIES 2012A The calculation for computing no rebate due was performed on 12/31/2016

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Cash Grant$19,539CashGrantAmt
Type Of AssistanceTUITION WAIVERTypeOfAssistanceTxt
Assistance PurposeGENERAL SUPPORTAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
DEVON WATTERS
FAMILY MEMBER OF OFFICER$55,465PAYMENT OF COMPENSATIONfalse
ODESSA DESPOT
FAMILY MEMBER OF OFFICER$83,910PAYMENT OF COMPENSATIONfalse
MCLEAN BULMER
FAMILY MEMBER OF TRUSTEE$79,154PAYMENT OF COMPENSATIONfalse
NATALIE SURACE
FAMILY MEMBER OF TRUSTEE$21,743PAYMENT OF COMPENSATIONfalse
THERESE HANNIGAN
FAMILY MEMBER OF OFFICER$171,135PAYMENT OF COMPENSATIONfalse
REDCOM LABORATORIES INC
TRUSTEE, DINAH G WEISBERG, CEO OF REDCOM LABORATORIES, INC, WITH OWNERSHIP > 35% OF THE COMPANY$119,785REDCOM LABORATORIES, INC REPAIRED AND CALIBRATED SCIENTIFIC EQUIPMENT FOR RIT. THE CONTRACT WAS AWARDED FOLLOWING THE UNIVERSITY'S COMPETITIVE BIDDING PROCESS CONSISTENT WITH THE PROCUREMENT POLICY REQUIREMENTS.false

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$26,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution105ContributionCnt
Noncash Contributions Rpt F990$10,247,954NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment12$465,778Market value
Yes (X)Consumables8$168,718Market value
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsCOMPLEMAR PARTNERS INC: SUSAN R HOLLIDAY (BOARD MEMBER) AND CHRISTINE B WHITMAN (EXECUTIVE CHAIRMAN) - Business relationship, FINANCIAL INSTITUTIONS INC (AKA FIVE STAR BANK): SUSAN HOLLIDAY (BOARD CHAIR) AND KIM VANGELDER (DIRECTOR ) - Business relationship, TOKENIZE: KEVIN SURACE (BOARD CHAIR) AND CHRISTINE WHITMAN (BOARD MEMBER) - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing bodyPRIOR TO FILING THE RETURN, THE PREPARED RIT FORM 990 WAS PROVIDED TO THE MEMBERS OF THE RISK AND AUDIT COMMITTEE AND SUBSEQUENTLY PRESENTED FOR REVIEW AT A REGULARLY SCHEDULED COMMITTEE MEETING. PRIOR TO FILING THE RETURN, IT WAS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES VIA A SECURED WEBSITE.
Form 990, Part VI, Line 12c Conflict of interest policyTHE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES. ALL TRUSTEES AND OFFICERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE. ADDITIONALLY, ON AN ANNUAL BASIS, THE SECRETARY OF THE UNIVERSITY DISTRIBUTES A CONFLICT OF INTEREST DISCLOSURE FORM TO ALL TRUSTEES AND OFFICERS SOLICITING DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICTS. FOLLOWING THE RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST, THE SECRETARY OF THE UNIVERSITY WILL ARRANGE FOR THE CONFLICT OF INTEREST SUBCOMMITTEE TO CONSIDER THE MATERIAL FACTS CONCERNING THE FAIRNESS AND BUSINESS CASE OF THE PROPOSED CONTRACT OR TRANSACTION. THE COMMITTEE SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE UNIVERSITY. IN ANY EVENT, SUCH MEMBERS WILL NEITHER VOTE, NOR DISCHARGE THEIR DUTIES WITH RESPECT TO ANY MATTER CONCERNING A CONFLICT. THE COMMITTEE SHALL SET FORTH THE BASIS FOR ITS DECISION WITH RESPECT TO APPROVAL OF CONTRACTS OR TRANSACTIONS INVOLVING CONFLICTS OF INTEREST IN THE MINUTES OF THE MEETING AT WHICH THE DECISION IS MADE, INCLUDING THE BASIS FOR DETERMINING THAT THE CONSIDERATION TO BE PAID IS FAIR TO THE UNIVERSITY. THE INDIVIDUAL CONFLICT OF INTEREST AND COMMITMENT (ICIC) POLICY REQUIRES ALL REGULAR RIT FACULTY AND STAFF TO DISCLOSE POTENTIAL, REAL, OR PERCEIVED CONFLICTS OF INTEREST OR COMMITMENT ANNUALLY TO THEIR IMMEDIATE SUPERVISOR. ADDITIONALLY, THE ICIC POLICY REQUIRES THAT EMPLOYEES SUBMIT AN ANNUAL DISCLOSURE AND/OR A DISCLOSURE WHEN CIRCUMSTANCES CHANGE THAT MAY CREATE A POTENTIAL, REAL, OR PERCEIVED CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialTHE EXECUTIVE COMPENSATION COMMITTEE SHALL DECIDE UPON MATTERS OF EXECUTIVE SALARY AND BENEFITS, AND ANNUALLY SHALL REVIEW THE COMPENSATION OF THE OFFICERS OF THE UNIVERSITY, MAKING A RECOMMENDATION CONCERNING THE SAME TO THE EXECUTIVE COMMITTEE FOR ITS FINAL APPROVAL. THE PRESIDENT ANNUALLY WILL MEET WITH THE EXECUTIVE COMPENSATION COMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE OFFICERS OF THE UNIVERSITY OTHER THAN THE PRESIDENT, AND A PROPOSAL FOR THEIR COMPENSATION. THE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY WILL MEET WITH THE EXECUTIVE COMPENSATION COMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE PRESIDENT AND A PROPOSAL FOR THE PRESIDENT'S COMPENSATION. BIENNIALLY THE EXECUTIVE COMPENSATION COMMITTEE UTILIZES VARIOUS TOOLS TO REVIEW THE COMPENSATION FOR THE OFFICERS: INDEPENDENT CONSULTANT AND COMPENSATION SURVEY BASED ON A SALARY ANALYSIS OF COMPARABLE POSITIONS IN LIKE CIRCUMSTANCES.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesTHE EXECUTIVE COMPENSATION COMMITTEE REVIEWS THE PROPOSED SALARIES OF THE FOLLOWING POSITIONS: PRESIDENT; PROVOST AND SVP ACADEMIC AFFAIRS; SVP FINANCE AND ADMINISTRATION; VP ENROLLMENT MANAGEMENT & ASSOC PROVOST; VP RESEARCH; VP UNIVERSITY ADVANCEMENT; SVP STUDENT AFFAIRS; PRESIDENT NTID & VP AND DEAN RIT; VP GOVT AND COMMUNITY RELATIONS; VP CHIEF MARKETING OFFICER; VP & GENERAL COUNSEL; VP & SECRETARY OF THE INSTITUTE; AND VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION. THE EXECUTIVE COMPENSATION COMMITTEE SHALL SET FORTH THE BASIS FOR ITS DECISIONS WITH RESPECT TO COMPENSATION IN THE MINUTES OF THE MEETING AT WHICH THE DECISIONS ARE MADE, INCLUDING THE PRIMARY CONCLUSIONS OF THE EVALUATION AND THE BASIS FOR DETERMINING THAT THE INDIVIDUAL'S COMPENSATION WAS REASONABLE IN LIGHT OF THE EVALUATION AND COMPARABILITY DATA. THE EXECUTIVE COMPENSATION COMMITTEE REPORTS ANNUALLY TO THE FINANCE COMMITTEE AND TO THE FULL BOARD CONCERNING THE EVALUATION OF OFFICERS AND THE ESTABLISHMENT OF THEIR COMPENSATION.
Form 990, Part VI, Line 19 Required documents available to the publicTHE FOLLOWING DOCUMENTS ARE AVAILABLE AT THE UNIVERSITY'S WEBSITE AT WWW.RIT.EDU: 1) LIST OF MEMBERS OF THE BOARD OF TRUSTEES; 2) CONSOLIDATED AUDITED FINANCIAL STATEMENTS; AND 3) UNIVERSITY POLICY AND PROCEDURES INFORMATION AND RESOURCES. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
Form 990, Part VII, Section A LINE 17CHRISTINE M LICATA: FORMER INTERIM PROVOST: RESIGNED PREVIOUS POSITION OF INTERIM PROVOST ON AUGUST 18, 2018 AND IS NOW VICE PROVOST FOR ACADEMIC AFFAIRS.
Form 990, Part VII, Section A LINE 20KATHERINE J MAYBERRY: FORMER VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES: RESIGNED FROM THAT POSITION ON JUNE 30, 2019 AND WAS THE SENIOR ADVISOR FOR STUDENT DIVERSITY OUTREACH, ENROLLMENT AND RETENTION UNTIL SHE RETIRED ON JUNE 30, 2022.
Form 990, Part VII, Section A LINE 21KAREN A BARROWS: FORMER SECRETARY OF THE INSTITUTE AND CHIEF OF STAFF: RESIGNED PREVIOUS POSITION OF SECRETARY OF THE INSTITUTE ON MARCH 9, 2020 AND IS NOW CHIEF OF STAFF.
Form 990, Part VIII, Line 2f Other Program Service RevenueAll other Program Services Revenue - Total Revenue: 9113449, Related or Exempt Function Revenue: 8684714, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 428735;
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueOther - Total Revenue: 1927121, Related or Exempt Function Revenue: 1211037, Unrelated Business Revenue: 308106, Revenue Excluded from Tax Under Sections 512, 513, or 514: 407978;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtAddress Line2USAddress/AddressLine2Txt
5257 W HENRIETTA ROAD LLC
5257 W HENRIETTA RDHENRIETTANY14586161609483OWN REAL PROPERTYNY$5,352,795$23,661,167ROCHESTER INSTITUTE OF TECHNOLOGY
MAGIC SPELL STUDIOS LLC
ONE LOMB MEMORIAL DRIVEROCHESTERNY14623464163650DIGITAL RESEARCH CENTERNY$55,571$0ROCHESTER INSTITUTE OF TECHNOLOGY
RIT VENTURE FUND I LLC
5 LOMB MEMORIAL DRIVEROCHESTERNY14623455183880INVESTMENTSDE$31,695$206,174ROCHESTER INSTITUTE OF TECHNOLOGY
RIT VF ARC HOLDINGS LLC
RIT-GEORGE EASTMAN HALL-6TH FLROCHESTERNY14623455183880INVESTMENTSNY-$39,563$0RIT Venture Fund I LLC7 LOMB MEMORIAL DRIVE

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
RIT GLOBAL DELIVERY CORPORATION
7 LOMB MEMORIAL DRIVEROCHESTERNY14623201151703EDUCATIONAL PURPOSESNY501(c)(3)11ROCHESTER INSTITUTE OF TECHNOLOGYfalse
RIT CAMPUS CLUB INC
39 LOMB MEMORIAL DRIVEROCHESTERNY14623161201526SUPPORT RITNY501(c)(3)11ROCHESTER INSTITUTE OF TECHNOLOGYfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (true)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
RIT CAMPUS CLUB INC
A$604,328
RIT CAMPUS CLUB INC
L$1,691,644
RIT CAMPUS CLUB INC
R$582,127
RIT GLOBAL DELIVERY CORPORATION
S$907,542

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule R, Part I, Column (a) MAGIC SPELL STUDIOS LLCTHE DISSOLUTION OF MAGIC SPELL STUDIOS LLC, A DISREGARDED ENTITY OF ROCHESTER INSTITUTE OF TECHNOLOGY, WAS EFFECTIVE DECEMBER 31, 2021. THE DISREGARDED ENTITY INCURRED REVENUE DURING THE TAX YEAR PRIOR TO DISSOLUTION. THE DISREGARDED ENTITY DID NOT HAVE ASSETS AS OF THE END OF THE TAX YEAR.
Schedule R, Part I, Column (a) RIT VF ARC HOLDINGS LLCRIT V ARC HOLDINGS LLC, A DISREGARDED ENTITY OF RIT VENTURE FUND I LLC, FILED ARTICLES OF INCORPORATION ON NOVEMBER 16, 2021.