PRESIDENT & TRUSTEES OF COLBY COLLEGE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PRESIDENT & TRUSTEES OF COLBY COLLEGE (EIN 01-0211497)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-06
- IRS object ID
- 202541329349303094
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-06T13:48:21-07:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010211497 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESIDENT & TRUSTEES OF COLBY COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRES | BusinessNameControlTxt |
| Phone | 2078594774 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 Mayflower Hill | AddressLine1Txt |
| City | Waterville | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nicole Labbe-Trufant | PersonNm |
| Person Title | VP and Chief Financial Officer | PersonTitleTxt |
| Phone | 2078594770 | PhoneNum |
| Signature | 2025-05-12 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | David A Greene | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 Mayflower Hill | AddressLine1Txt |
| City | Waterville | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $526,162,000 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.colby.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1813 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | Education | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 2939 | TotalEmployeeCnt |
| Total Volunteers | 2000 | TotalVolunteersCnt |
| Total Gross UBI | $6,015,000 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $37,619,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $122,793,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $186,429,000 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $195,802,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $63,347,000 | PYInvestmentIncomeAmt |
| CY Investment Income | $60,962,000 | CYInvestmentIncomeAmt |
| PY Other Revenue | $71,000 | PYOtherRevenueAmt |
| CY Other Revenue | $66,000 | CYOtherRevenueAmt |
| PY Total Revenue | $287,466,000 | PYTotalRevenueAmt |
| CY Total Revenue | $379,623,000 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $58,198,926 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $67,196,134 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $104,402,021 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $114,294,620 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $10,826,363 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $122,004,053 | PYOtherExpensesAmt |
| CY Other Expenses | $117,759,246 | CYOtherExpensesAmt |
| PY Total Expenses | $284,605,000 | PYTotalExpensesAmt |
| CY Total Expenses | $299,250,000 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,861,000 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $80,373,000 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,244,685,000 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,364,066,000 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $411,336,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $393,656,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,833,349,000 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,970,410,000 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Colby College is the 12th oldest liberal arts college in the U.S. Distinctive in its offerings, Colby provides an intimate, undergraduate-focused learning environment with a breadth of programs presenting students and faculty with unparalleled opportunities. A vibrant and fully integrated academic, residential, and cocurricular experience is sustained by an inclusive and supportive community. Colby is a global institution with students representing nearly every U.S. state and over 50 countries. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $239,577,823 | ExpenseAmt |
| Grant | $67,169,304 | GrantAmt |
| Revenue | $195,802,002 | RevenueAmt |
| Desc | Post secondary education: Instruction of 2,282 undergraduate students in 2023/24. In the 2023/24 year, 532 students graduated, and an estimated 341 students studied away. 89% completed the degree within five years; the student/faculty ratio is 10:1. This includes expenditures for faculty, residence halls and dining, student and academic support services, campus maintenance services and other related costs. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $239,577,823 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | 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 | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | 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 | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 3608 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2939 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | FR | ForeignCountryCd |
| Foreign Country | SP | ForeignCountryCd |
| 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 | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | Yes (1) | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Elizabeth McGlinn | PersonNm |
| Phone | 2078594127 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 Mayflower Hill | AddressLine1Txt |
| City | Waterville | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (66 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 | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Greene David A | ||||||||||
| President | 40 | 0 | Yes (X) | Yes (X) | $2,669,786 | $0 | $367,262 | |||
| Shufrin Deborah | ||||||||||
| Associate VP and Chief Investment Officer | 40 | 0 | $768,825 | $0 | $43,791 | Yes (X) | ||||
| Trufant Nicole | ||||||||||
| Vice President for Administration and Chief Financial Officer | 40 | 0 | Yes (X) | $507,227 | $0 | $588 | ||||
| Proto Matthew T | ||||||||||
| VP and Chief Institutional Advancement Officer | 40 | 0 | Yes (X) | $412,749 | $0 | $59,895 | ||||
| Uchida Richard Y | ||||||||||
| Vice President, General Counsel and Secretary of the College | 40 | 0 | Yes (X) | $377,375 | $0 | $58,191 | ||||
| McFadden Margaret T | ||||||||||
| Provost and Dean of Faculty | 40 | 0 | Yes (X) | $360,890 | $0 | $60,315 | ||||
| Wood Julie | ||||||||||
| Vice President and Chief Human Resources Officer | 40 | 0 | Yes (X) | $373,500 | $0 | $30,417 | ||||
| Stent Amanda | ||||||||||
| Director Davis Institute for AI | 40 | 0 | $323,125 | $0 | $18,979 | Yes (X) | ||||
| Clark Brian J | ||||||||||
| Vice President of Planning | 40 | 0 | Yes (X) | $280,080 | $0 | $54,903 | ||||
| Jackson Ruth J | ||||||||||
| Vice President and Chief of Staff | 40 | 0 | Yes (X) | $281,500 | $0 | $50,341 | ||||
| Moore Barbara | ||||||||||
| Dean of Students | 40 | 0 | $273,692 | $0 | $56,068 | Yes (X) | ||||
| Terrassa Jacqueline | ||||||||||
| Director, Museum of Art | 40 | 0 | $258,510 | $0 | $36,642 | Yes (X) | ||||
| Wisecup Michael D | ||||||||||
| Vice President and Director of Athletics | 40 | 0 | Yes (X) | $253,920 | $0 | $23,622 | ||||
| King D Whitney | ||||||||||
| Professor | 40 | 0 | $219,379 | $0 | $47,783 | Yes (X) | ||||
| Terp Douglas C | ||||||||||
| Former Vice President for Administration and CFO | 40 | 0 | $217,561 | $0 | $49,271 | Yes (X) | ||||
| Hurney Carol | ||||||||||
| Assoc Provost for Teaching & Learning | 40 | 0 | $193,800 | $0 | $40,897 | Yes (X) | ||||
| Burrell-McRae Karlene A | ||||||||||
| Former Dean of College | 40 | 0 | $172,620 | $0 | $29,135 | Yes (X) | ||||
| Burkett Gustavo | ||||||||||
| Dean of College | 40 | 0 | Yes (X) | $148,576 | $0 | $10,880 | ||||
| Epstein David | ||||||||||
| Trustee, Part-time instructor | 5 | 0 | Yes (X) | $5,500 | $0 | $0 | ||||
| Powers Jane M | ||||||||||
| Chair of the Board | 5 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Boland Susan E | ||||||||||
| Vice Chair of the Board | 5 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| O'Neil III John J | ||||||||||
| Vice Chair of the Board | 5 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Alfond William | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Allen Brenda | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Athanasia Dean | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Bengochea Armando | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Boulos Joseph F | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Bram Susan | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Brockelman Theresa | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Brunet Christian M | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Buck Alexander K | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Carey Reagan | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Coy Dailey R | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Crawford James B | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Decosta Eric | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Diamond Robert E | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Dinneen Jacklyn D | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Eustis Sarah E | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Gokgol-Kline Arman C | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Gordon Michael L | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Haynes Tionna C | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Koester Michael E | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Lanier Lindsay | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Leavy David | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Leff Miguel | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Lunder Paula Crane | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Lyons John F | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Nancy Donahue | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Millard Jennifer | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| O'Donnell Timothy | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Packman Jeffrey N | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Pulver David | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Richard McVey M | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Robert Hoopes R | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Rosengren Eric | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Rothschild Marieke | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Smith Carl L | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Springhorn Jeremy P | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Thakor Sunil H | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Tharakan Joerose | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Tinsley Catherine | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Walter Amy | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Ward Laura P | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Werlin Jason | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Williams Tanya E | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Woodfork Joshua C | ||||||||||
| Trustee | 5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $8,098,615 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,038,980 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 227 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | 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 |
|---|---|---|---|---|---|
| Consigli Construction Co Inc | |||||
| 15 Franklin Street | Portland | ME | 04101 | Construction | $38,562,000 |
| Bon Appetit Management Co | |||||
| 2400 Yorkmont Road | Charlotte | NC | 28217 | Dining services | $11,475,000 |
| Cianbro Corporation | |||||
| 101 Cianbro Square | Pittsfield | ME | 04967 | Construction | $8,914,000 |
| Bruner Cott Associates Inc | |||||
| 225 Friend St | Boston | MA | 02114 | Architecture | $4,177,000 |
| Sargent Corporation | |||||
| Address PO Box 435 | Stillwater | ME | 04489 | Construction | $2,286,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 31 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $4,031,000 | GovernmentGrantsAmt |
| All Other Contributions | $118,762,000 | AllOtherContributionsAmt |
| Noncash Contributions | $19,496,000 | NoncashContributionsAmt |
| Total Contributions | $122,793,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition and Fees | 611310 | $154,872,000 | $154,872,000 | $0 | $0 |
| Auxiliary | 611710 | $32,817,000 | $32,817,000 | $0 | $0 |
| Accommodation and food services | 721000 | $5,936,000 | $0 | $5,936,000 | $0 |
| Summer Programs | 611699 | $168,000 | $0 | $168,000 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,009,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,009,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $195,802,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,518,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,518,000 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $59,000 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $59,000 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $59,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $59,000 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $193,983,000 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $146,539,000 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,444,000 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,444,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$89,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $47,533,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $7,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,000 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $7,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $379,623,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $189,698,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $6,015,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $61,117,000 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $413,134 | TotalAmt |
| Program Services | $413,134 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,940,000 | TotalAmt |
| Program Services | $58,940,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,843,000 | TotalAmt |
| Program Services | $7,843,000 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,227,782 | TotalAmt |
| Program Services | $618,054 | ProgramServicesAmt |
| Management And General | $5,048,800 | ManagementAndGeneralAmt |
| Fundraising | $1,560,928 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,038 | TotalAmt |
| Program Services | $34,038 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,342,538 | TotalAmt |
| Program Services | $65,546,010 | ProgramServicesAmt |
| Management And General | $11,730,000 | ManagementAndGeneralAmt |
| Fundraising | $3,066,528 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,441,485 | TotalAmt |
| Program Services | $3,693,098 | ProgramServicesAmt |
| Management And General | $632,560 | ManagementAndGeneralAmt |
| Fundraising | $115,827 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,410,777 | TotalAmt |
| Program Services | $13,357,243 | ProgramServicesAmt |
| Management And General | $1,736,454 | ManagementAndGeneralAmt |
| Fundraising | $1,317,080 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,838,000 | TotalAmt |
| Program Services | $4,547,000 | ProgramServicesAmt |
| Management And General | $964,000 | ManagementAndGeneralAmt |
| Fundraising | $327,000 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,992,000 | TotalAmt |
| Program Services | $22,184,000 | ProgramServicesAmt |
| Management And General | $3,173,000 | ManagementAndGeneralAmt |
| Fundraising | $1,635,000 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,201,000 | TotalAmt |
| Program Services | $234,000 | ProgramServicesAmt |
| Management And General | $1,967,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $500,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $500,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,401,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $13,401,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,961,000 | TotalAmt |
| Program Services | $12,504,000 | ProgramServicesAmt |
| Management And General | $425,000 | ManagementAndGeneralAmt |
| Fundraising | $32,000 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,575,000 | TotalAmt |
| Program Services | $2,008,000 | ProgramServicesAmt |
| Management And General | $1,480,000 | ManagementAndGeneralAmt |
| Fundraising | $87,000 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,223,000 | TotalAmt |
| Program Services | $9,203,000 | ProgramServicesAmt |
| Management And General | $1,673,000 | ManagementAndGeneralAmt |
| Fundraising | $347,000 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,600,000 | TotalAmt |
| Program Services | $5,755,000 | ProgramServicesAmt |
| Management And General | $1,228,000 | ManagementAndGeneralAmt |
| Fundraising | $617,000 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,002,000 | TotalAmt |
| Program Services | $9,917,000 | ProgramServicesAmt |
| Management And General | $855,000 | ManagementAndGeneralAmt |
| Fundraising | $230,000 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,956,000 | TotalAmt |
| Program Services | $16,640,000 | ProgramServicesAmt |
| Management And General | $1,316,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,304,000 | TotalAmt |
| Program Services | $3,447,000 | ProgramServicesAmt |
| Management And General | $857,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| On-Campus Meals & Lodging | $2,647,000 | $868,000 | $753,000 | $1,026,000 |
| Dues and Membership | $1,875,000 | $986,000 | $441,000 | $448,000 |
| Staff Recruitment | $24,000 | $24,000 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,498,246 | TotalAmt |
| Program Services | $816,246 | ProgramServicesAmt |
| Management And General | $665,000 | ManagementAndGeneralAmt |
| Fundraising | $17,000 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,250,000 | TotalAmt |
| Program Services | $239,577,823 | ProgramServicesAmt |
| Management And General | $48,845,814 | ManagementAndGeneralAmt |
| Fundraising | $10,826,363 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,896,000 | BOYAmt |
| EOY | $26,546,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,297,000 | BOYAmt |
| EOY | $184,578,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,086,488 | BOYAmt |
| EOY | $3,924,532 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,512 | BOYAmt |
| EOY | $136,468 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $484,000 | BOYAmt |
| EOY | $407,000 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $875,000 | BOYAmt |
| EOY | $767,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,911,000 | BOYAmt |
| EOY | $7,176,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,105,291,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $245,377,000 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $823,531,000 | BOYAmt |
| EOY | $859,914,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,278,000 | BOYAmt |
| EOY | $155,189,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,087,905,000 | BOYAmt |
| EOY | $1,120,178,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,250,000 | BOYAmt |
| EOY | $5,250,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,244,685,000 | BOYAmt |
| EOY | $2,364,066,000 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,473,000 | BOYAmt |
| EOY | $32,761,000 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,559,000 | BOYAmt |
| EOY | $1,512,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,000,000 | BOYAmt |
| EOY | $25,000,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,686,000 | BOYAmt |
| EOY | $300,762,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,618,000 | BOYAmt |
| EOY | $33,621,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $411,336,000 | BOYAmt |
| EOY | $393,656,000 | 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 | $663,588,000 | BOYAmt |
| EOY | $683,500,000 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,169,761,000 | BOYAmt |
| EOY | $1,286,910,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,833,349,000 | BOYAmt |
| EOY | $1,970,410,000 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,244,685,000 | BOYAmt |
| EOY | $2,364,066,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $80,373,000 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $45,727,000 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $10,961,000 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $74,975,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,028,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $89,039,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,619,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $122,793,000 | CurrentTaxYearAmt |
| Total | $366,454,000 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $74,975,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,028,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $89,039,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,619,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $122,793,000 | CurrentTaxYearAmt |
| Total | $366,454,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $110,481,214 | SubstantialContributorsTotAmt |
| Public Support Total170 | $255,972,786 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,173,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,557,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,557,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,107,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,577,000 | CurrentTaxYearAmt |
| Total | $76,971,000 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $184,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $128,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $43,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,000 | CurrentTaxYearAmt |
| Total | $369,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $443,794,000 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $862,012,000 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.57678 | PublicSupportCY170Pct |
| Public Support PY170 | 0.67140 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part I, Line 7 | The basis of Colby's public charity status has been and continues to be its qualifications as a school described in section 170(B)(1)(A)(II). The organization has checked box 7 on Schedule A, Part I and completed Schedule A, Part II in order to demonstrate its qualifications to follow the special rule for abbreviated reporting of contributions on Form 990, Schedule B. |
| Schedule A, Part II, Line 10 | Form 990, Part VIII, Line 11d |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $45,825 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $45,825 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 | FormAndLineReferenceDesc |
| Explanation | The college paid $45,825 in dues to various organizations, some portion of which may be used for lobbying in connection with issues that impact higher education. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $3,764,000 | RevenuesIncludedAmt |
| Assets Included | $239,391,000 | 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 |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,116,123,000 | BeginningYearBalanceAmt |
| Contributions | $20,997,000 | ContributionsAmt |
| Investment Earnings Or Losses | $99,034,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,627,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $41,966,000 | OtherExpendituresAmt |
| Administrative Expenses | $13,401,000 | AdministrativeExpensesAmt |
| End Year Balance | $1,160,160,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,122,451,000 | BeginningYearBalanceAmt |
| Contributions | $13,458,000 | ContributionsAmt |
| Investment Earnings Or Losses | $43,163,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $19,482,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $31,755,000 | OtherExpendituresAmt |
| Administrative Expenses | $11,712,000 | AdministrativeExpensesAmt |
| End Year Balance | $1,116,123,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,257,738,000 | BeginningYearBalanceAmt |
| Contributions | $24,890,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$96,510,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $18,182,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $30,836,000 | OtherExpendituresAmt |
| Administrative Expenses | $14,649,000 | AdministrativeExpensesAmt |
| End Year Balance | $1,122,451,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $878,323,000 | BeginningYearBalanceAmt |
| Contributions | $25,511,000 | ContributionsAmt |
| Investment Earnings Or Losses | $408,898,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $15,807,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $31,024,000 | OtherExpendituresAmt |
| Administrative Expenses | $8,163,000 | AdministrativeExpensesAmt |
| End Year Balance | $1,257,738,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $869,927,000 | BeginningYearBalanceAmt |
| Contributions | $21,646,000 | ContributionsAmt |
| Investment Earnings Or Losses | $37,842,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,992,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $28,714,000 | OtherExpendituresAmt |
| Administrative Expenses | $7,386,000 | AdministrativeExpensesAmt |
| End Year Balance | $878,323,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.232 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.35 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.418 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $10,250,000 | OtherCostOrOtherBasisAmt |
| Book Value | $10,250,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $716,580,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $187,945,000 | DepreciationAmt |
| Book Value | $528,635,000 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $80,054,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $41,525,000 | DepreciationAmt |
| Book Value | $38,529,000 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $16,757,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,497,000 | DepreciationAmt |
| Book Value | $6,260,000 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $281,650,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,410,000 | DepreciationAmt |
| Book Value | $276,240,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $859,914,000 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Global Equity Funds | $234,908,000 | F |
| Venture Capital Funds | $222,608,000 | F |
| Hedge Funds | $259,001,000 | F |
| Buyout Funds | $166,167,000 | F |
| Fixed Income Securities | $91,083,000 | F |
| Real Estate Funds | $69,970,000 | F |
| Other Investments | $47,114,000 | F |
| Natural Resources Funds | $29,327,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,120,178,000 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Post retirement benefit obligation | $18,045,000 |
| Annuity obligations | $8,669,000 |
| Asset retirement obligation | $6,907,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $33,621,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $411,949,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $45,727,000 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $45,727,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $366,222,000 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $13,401,000 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $13,401,000 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $379,623,000 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $285,849,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $285,849,000 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $13,401,000 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $13,401,000 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $299,250,000 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 | Founded in 1959, the Colby College Museum of Art is a teaching museum, a destination for American art, and a place for education and engagement with local, national, and global communities. Part of Colby College, the museum is located in Waterville, Maine and actively contributes to Colby's curricular and co-curricular programs and to the region's quality of life. It inspires connections between art and people through distinctive exhibitions, programs, and publications, and through an outstanding collection that emphasizes American art and contemporary art within holdings that span cultures and time periods. |
| Schedule D, Part V, Line 4 | The College's endowment funds provide income and support for the furtherance of the educational mission of the College. |
| Schedule D, Part X, Line 2 | The College accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax effect is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The College has a number of tax positions, none of which result in an uncertainty requiring recognition. The College is not currently under examination by any taxing jurisdictions. The College's Federal and state tax returns are generally open for examination for three years following the date filled. |
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 | The College includes a statement of its racially nondiscriminatory policy in all brochures and catalogs dealing with student admissions, programs, and scholarships. |
| Schedule E, Part I, Line 6 | The College receives government grants for financial aid to students, faculty research, support of various innovative academic programs and energy related projects. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $262,507,000 | |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | $43,503,000 | |
| Sub-Saharan Africa | 0 | 0 | Investments | $14,951,000 | |
| Europe (including Iceland and Greenland) | 2 | 9 | Program Services | $1,347,000 | Study Abroad Program |
| Middle East and North Africa | 0 | 2 | Program Services | $96,000 | Study Abroad Program |
| Sub-Saharan Africa | 0 | 1 | Program Services | $78,000 | Study Abroad Program |
| South Asia | 0 | 1 | Program Services | $70,000 | Study Abroad Program |
| Central America and the Caribbean | 0 | 1 | Program Services | $55,000 | Study Abroad Program |
| North America (including Canada and Mexico, but not the United States) | 0 | 1 | Program Services | $17,000 | Study Abroad Program |
| Europe (including Iceland and Greenland) | 0 | 0 | Grantmaking | $6,386,000 | |
| East Asia and the Pacific | 0 | 0 | Grantmaking | $949,000 | |
| South America | 0 | 0 | Grantmaking | $321,000 | |
| Central America and the Caribbean | 0 | 0 | Grantmaking | $79,000 | |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | $61,000 | |
| Middle East and North Africa | 0 | 0 | Grantmaking | $47,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Total Spent | $330,467,000 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (6 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| Scholarships | Europe (including Iceland and Greenland) | 122 | $6,386,000 | Check |
| Scholarships | East Asia and the Pacific | 18 | $949,000 | Check |
| Scholarships | South America | 7 | $321,000 | Check |
| Scholarships | Central America and the Caribbean | 1 | $79,000 | Check |
| Scholarships | Sub-Saharan Africa | 1 | $61,000 | Check |
| Scholarships | Middle East and North Africa | 1 | $47,000 | Check |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Grants to students are made in accordance with Federal and Institutional Financial Aid policies. The grant funds are used for academic course work for foreign study-abroad. The Registrar's Office determines that academic standards are met before academic credit is received by the student. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| City of Waterville Inc | |||||||
| One Common Street | Waterville | ME | 04901 | 016000037 | Government | $100,000 | General support |
| Waterville Creates | |||||||
| 10 Water St Suite 106 | Waterville | ME | 04901 | 010505433 | 501(c)(3) | $81,500 | General support |
| Town of St George | |||||||
| 3 School Street | Tenants Harbor | ME | 04860 | 576001102 | Government | $91,293 | General support |
| Beth Israel Congregation | |||||||
| 49 East Grand Avenue | Old Orchard Beach | ME | 04064 | 746000619 | 501(c)(3) | $46,500 | General Support |
| Central Maine Growth Council | |||||||
| 50 Elm Street | Waterville | ME | 04901 | 010546258 | 501(c)(6) | $36,811 | General Support |
| The University of Chicago | |||||||
| 1050 East 59th Sreet | Chicago | IL | 60637 | 362177139 | 501(c)(3) | $15,000 | Support to the Robert Pape Research Fund. |
| Children's Discovery Museum | |||||||
| 7 Eustis Parkway | Waterville | ME | 04901 | 010437848 | 501(c)(3) | $10,200 | General Support |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships to students | GrantTypeTxt |
| Recipient | 932 | RecipientCnt |
| Cash Grant | $0 | CashGrantAmt |
| Non Cash Assistance | $58,940,000 | NonCashAssistanceAmt |
| Valuation Method Used | Book | ValuationMethodUsedDesc |
| Non Cash Assistance | Credit to student accounts | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Grants to governments and organizations are made and monitored by College personnel in support of local community relations. College's Grants to individuals are made and monitored in accordance with Federal and Institutional Financial Aid policies. Amounts are applied to student accounts as credits to the bill to offset academic charges. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 (18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Greene David A | ||||||||||||||
| President | $1,131,075 | $0 | $1,200,000 | $0 | $338,711 | $0 | $231,302 | $0 | $135,960 | $0 | $3,037,048 | $0 | $129,710 | $0 |
| Shufrin Deborah | ||||||||||||||
| Associate VP and Chief Investment Officer | $639,450 | $0 | $102,375 | $0 | $27,000 | $0 | $31,302 | $0 | $12,489 | $0 | $812,616 | $0 | $0 | $0 |
| Trufant Nicole | ||||||||||||||
| Vice President for Administration and Chief Financial Officer | $460,000 | $0 | $10,227 | $0 | $37,000 | $0 | $0 | $0 | $588 | $0 | $507,815 | $0 | $0 | $0 |
| Proto Matthew T | ||||||||||||||
| VP and Chief Institutional Advancement Officer | $412,500 | $0 | $0 | $0 | $249 | $0 | $31,302 | $0 | $28,593 | $0 | $472,644 | $0 | $0 | $0 |
| Uchida Richard Y | ||||||||||||||
| Vice President, General Counsel and Secretary of the College | $377,375 | $0 | $0 | $0 | $0 | $0 | $31,302 | $0 | $26,889 | $0 | $435,566 | $0 | $0 | $0 |
| Wood Julie | ||||||||||||||
| Vice President and Chief Human Resources Officer | $332,500 | $0 | $0 | $0 | $41,000 | $0 | $0 | $0 | $30,417 | $0 | $403,917 | $0 | $0 | $0 |
| McFadden Margaret T | ||||||||||||||
| Provost and Dean of Faculty | $360,890 | $0 | $0 | $0 | $0 | $0 | $31,302 | $0 | $29,013 | $0 | $421,205 | $0 | $0 | $0 |
| Stent Amanda | ||||||||||||||
| Director Davis Institute for AI | $322,875 | $0 | $0 | $0 | $250 | $0 | $6,635 | $0 | $12,344 | $0 | $342,104 | $0 | $0 | $0 |
| Jackson Ruth J | ||||||||||||||
| Vice President and Chief of Staff | $266,500 | $0 | $15,000 | $0 | $0 | $0 | $24,952 | $0 | $25,389 | $0 | $331,841 | $0 | $0 | $0 |
| Clark Brian J | ||||||||||||||
| Vice President of Planning | $280,080 | $0 | $0 | $0 | $0 | $0 | $26,310 | $0 | $28,593 | $0 | $334,983 | $0 | $0 | $0 |
| Moore Barbara | ||||||||||||||
| Dean of Students | $243,492 | $0 | $0 | $0 | $30,200 | $0 | $25,651 | $0 | $30,417 | $0 | $329,760 | $0 | $0 | $0 |
| Terrassa Jacqueline | ||||||||||||||
| Director, Museum of Art | $258,510 | $0 | $0 | $0 | $0 | $0 | $24,153 | $0 | $12,489 | $0 | $295,152 | $0 | $0 | $0 |
| Wisecup Michael D | ||||||||||||||
| Vice President and Director of Athletics | $253,200 | $0 | $720 | $0 | $0 | $0 | $23,622 | $0 | $0 | $0 | $277,542 | $0 | $0 | $0 |
| King D Whitney | ||||||||||||||
| Professor | $215,500 | $0 | $0 | $0 | $3,879 | $0 | $19,852 | $0 | $27,931 | $0 | $267,162 | $0 | $0 | $0 |
| Terp Douglas C | ||||||||||||||
| Former Vice President for Administration and CFO | $214,515 | $0 | $0 | $0 | $3,046 | $0 | $19,754 | $0 | $29,517 | $0 | $266,832 | $0 | $0 | $0 |
| Hurney Carol | ||||||||||||||
| Assoc Provost for Teaching & Learning | $193,800 | $0 | $0 | $0 | $0 | $0 | $17,682 | $0 | $23,215 | $0 | $234,697 | $0 | $0 | |
| Burrell-McRae Karlene A | ||||||||||||||
| Former Dean of College | $164,170 | $0 | $0 | $0 | $8,450 | $0 | $14,719 | $0 | $14,416 | $0 | $201,755 | $0 | $0 | $0 |
| Burkett Gustavo | ||||||||||||||
| Dean of College | $124,286 | $0 | $22,894 | $0 | $1,396 | $0 | $0 | $0 | $10,880 | $0 | $159,456 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | First-class or charter travel - First-class is not authorized for employees traveling on College business without advance approval by the President or appropriate Vice President. In recognition that the President typically works during flights and attends directly to College business upon arrival, the Board of Trustees has approved the limited use of first-class travel for the President when traveling on College business. Charter travel was used on a limited basis to provide travel for the President to attend meetings. Travel for companions - Travel for companions is permitted only when the companion's travel is directly in furtherance of the College's business purposes. Tax indemnification and gross-up payments - Payments are made on the President's behalf relating to personal insurance policies and are included in his imputed income. The College grosses up this amount to offset the impact on net pay. Housing allowance or residence - Housing is provided to the President as a required condition of employment. All benefits were provided in accordance with written College policies, and was not treated as taxable compensation in accordance with applicable law. Housing is provided to the Dean of the College and is not a required condition of employment; therefore, this benefit is treated as taxable compensation in accordance with applicable law. |
| Schedule J, Part I, Line 3 | The Board of Trustees has enacted procedures to establish a presumption that the total compensation offered to officers and key employees is reasonable, consistent with internal Revenue Code Section 4958 and applicable regulations. These procedures include: a decision-making committee comprised solely of trustees who are independent and free of conflict of interest (the Board Affairs Committee); reliance on market comparability data; use of independent compensation consultants, as needed; and documentation of the committee's work. |
| Schedule J, Part I, Line 4 | President David Greene participates in a deferred compensation arrangement. The amount earned in calendar year 2023 under the program totaled $200,000. |
| Schedule J, Part I, Line 7 | Certain officers and employees received a performance bonus approved by the President and the Board Affairs Committee. These amounts were disclosed in Schedule J, Part II, (B), (ii). Key employee in the investment office has an incentive performance related bonus based in part on the investment performance of the Colby College endowment. |
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 | Maine Health & Higher Educational Facilities Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 010314384 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2019-06-11 | BondIssuedDt |
| Issue Price | $25,000,000 | IssuePriceAmt |
| Purpose | 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 | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $25,000,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $0 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $25,000,000 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2020 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | 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 |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0 | TotalPrivateBusinessUsePct |
| 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 | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| 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 L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (8 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| David A Greene | |||||||
| President | Education Loan | Yes (X) | $37,313 | $7,461 | 0 | Yes (1) | Yes (1) |
| David A Greene | |||||||
| President | Education Loan | Yes (X) | $74,015 | $14,803 | 0 | Yes (1) | Yes (1) |
| David A Greene | |||||||
| President | Education Loan | Yes (X) | $47,463 | $18,985 | 0 | Yes (1) | Yes (1) |
| David A Greene | |||||||
| President | Education Loan | Yes (X) | $75,747 | $30,299 | 0 | Yes (1) | Yes (1) |
| David A Greene | |||||||
| President | Education Loan | Yes (X) | $22,533 | $13,519 | 0 | Yes (1) | Yes (1) |
| David A Greene | |||||||
| President | Education Loan | Yes (X) | $22,533 | $13,519 | 0 | Yes (1) | Yes (1) |
| David A Greene | |||||||
| President | Education Loan | Yes (X) | $23,676 | $18,941 | 0 | Yes (1) | Yes (1) |
| David A Greene | |||||||
| President | Education Loan | Yes (X) | $23,676 | $18,941 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $136,468 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Stephanie K Proto | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Spouse of officer | RelationshipDescriptionTxt |
| Transaction | $34,038 | TransactionAmt |
| Transaction | Compensation & benefits | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 18 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,764,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Qualified appraisals | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 100 | ContributionCnt |
| Noncash Contributions Rpt F990 | $15,732,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | IRS valuation on gift date | 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 | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 32b | FormAndLineReferenceDesc |
| Explanation | The College utilizes financial services firms to assist with the sales of publicly traded securities, real estate and other similar non-cash gifts. All transactions are conducted at arms-length and for good and sufficient consideration. The amounts in Part I, column B reflect the total number of contributions. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 2 | Trustees Jack O'Neill and Tim O'Donnell are co-investors in limited partnerships, of which they each own more than a 10% interest. |
| Form 990, Part VI, Section B, Line 11b | The return is reviewed by an independent accounting firm and the audit subcommittee of the Board of Trustees. The College provides an electronic copy of the full IRS Form 990 via a password protected website on which the form may be viewed by all voting members of the Board of Trustees prior to filing. The College notifies Board members that the Form 990 is available for review on that site. |
| Form 990, Part VI, Section B, Line 12c | Conflict of Interest questionnaire is completed annually by all members of the Board of Trustees, all Officers and all Key Employees. The completed questionnaires are reviewed by College management and any potential conflicts are discussed with the Audit Subcommittee of the Board of Trustees. The Audit Subcommittee will enforce compliance with the Conflict of Interest policy. Any individual with a conflict of interest is prohibited from participating in deliberations and decisions involving the transaction. |
| Form 990, Part VI, Section B, Line 15 | For the President's compensation, a comparison to peer institutions is undertaken annually. In addition, an independent compensation consultant is engaged to assess the reasonableness of the compensation amount. The President's compensation amount is reviewed and approved annually by the Board Affairs Committee of the Board of Trustees. For all other Officers and Key Employees, a comparison to peer institutions is undertaken annually. The College President will recommend the annual compensation amounts for all other Officers and Key Employees, which are reviewed and approved annually by the Board Affairs Committee of the Board of Trustees. Compensation of the President, Officers and Key Employees is set by independent persons and documented contemporaneously. |
| Form 990, Part VI, Section C, Line 19 | Annual financial statement is available on Colby's public website. Other governing documents and the conflict of interest policy are made available to the public upon request. |
| Form 990, Part XI, Line 9 | Postretirement benefit cost change $10,575,000; Net change in annuity and life income funds $296,000; Other $90,000 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| Elm City LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 473103849 | Real Estate Development | ME | $0 | $0 | The President & Trustees of Colby College |
| Elm City 9 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 474327488 | Real Estate Development | ME | $5,942,000 | $15,643,000 | The President & Trustees of Colby College |
| Elm City 173 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 474313598 | Real Estate Development | ME | $271,000 | $5,002,000 | The President & Trustees of Colby College |
| Elm City 20 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 474888049 | Real Estate Development | ME | $0 | $0 | The President & Trustees of Colby College |
| Elm City 13 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 475277633 | Real Estate Development | ME | $0 | $687,000 | The President & Trustees of Colby College |
| Elm City 14 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 810865849 | Real Estate Development | ME | $0 | $0 | The President & Trustees of Colby College |
| Elm City 93 LLC | |||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 843982685 | Real Estate Development | ME | $200,000 | $1,061,000 | The President & Trustees of Colby College |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mayflower Hill Broadcasting WMHB | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 Mayflower Hill | AddressLine1Txt |
| City | Waterville | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141876184 | EIN |
| Primary Activities | operation of radio station | PrimaryActivitiesTxt |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The President & Trustees of Colby College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| Charitable Remainder Trust (19) | ||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Charitable Remainder Unitrust | ME | Colby | T | Yes (1) |
| Charitable Remainder Annuity Trust (1) | ||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Charitable Remainder Annuity Trust | ME | Colby | T | Yes (1) |
| Colby College Pooled Income Fund B (1) | ||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Pooled Income Fund | ME | Colby | T | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | 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 | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | 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 |