ROCHESTER INSTITUTE OF TECHNOLOGY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ROCHESTER INSTITUTE OF TECHNOLOGY (EIN 16-0743140)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-04-01
- IRS object ID
- 202240919349300009
- Schema version
- 2020v4.0
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-01T14:00:24-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160743140 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rochester Institute of Technology | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROCH | BusinessNameControlTxt |
| Phone | 5854752383 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Controller 46 Lomb Memorial Dr | AddressLine1Txt |
| City | Rochester | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 146235604 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James H Watters | PersonNm |
| Person Title | Sr VP Finance & Admin | PersonTitleTxt |
| Signature | 2022-04-01 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | James H | PersonFirstNm |
| Person Last | Watters | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David C Munson Jr | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Lomb Memorial Drive | AddressLine1Txt |
| City | Rochester | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 146235603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,251,608,524 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.rit.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1830 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | ROCHESTER 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 Body | 44 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 41 | VotingMembersIndependentCnt |
| Total Employee | 11102 | TotalEmployeeCnt |
| Total Volunteers | 2937 | TotalVolunteersCnt |
| Total Gross UBI | $2,165,370 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $168,159,480 | PYContributionsGrantsAmt |
| CY Contributions Grants | $179,271,648 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $626,051,879 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $662,164,088 | CYProgramServiceRevenueAmt |
| PY Investment Income | $48,238,318 | PYInvestmentIncomeAmt |
| CY Investment Income | $63,667,291 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,134,963 | PYOtherRevenueAmt |
| CY Other Revenue | $4,470,154 | CYOtherRevenueAmt |
| PY Total Revenue | $849,584,640 | PYTotalRevenueAmt |
| CY Total Revenue | $909,573,181 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $248,676,844 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $293,055,691 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $395,426,402 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $384,272,843 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $145,688 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $219,947 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $9,846,105 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $169,675,559 | PYOtherExpensesAmt |
| CY Other Expenses | $157,242,377 | CYOtherExpensesAmt |
| PY Total Expenses | $813,924,493 | PYTotalExpensesAmt |
| CY Total Expenses | $834,790,858 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $35,660,147 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $74,782,323 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,165,976,339 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,550,492,860 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $644,084,098 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $641,475,929 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,521,892,241 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,909,016,931 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ROCHESTER 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 Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $584,583,360 | ExpenseAmt |
| Grant | $277,867,493 | GrantAmt |
| Revenue | $586,248,476 | RevenueAmt |
| Desc | Instruction 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 countries. RIT total enrollment in Fall 2020 was approximately 18,700, which included approximately 15,750 undergraduate and 2,950 graduate students. Approximately 16,210 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 253 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 1,100 students from the United States and abroad. Over the preceding 10 years, enrollment has increased from 17,206 students in the Fall of 2010 to 18,668 students in the Fall of 2020, an increase of 9%. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $129,296,579 | ExpenseAmt |
| Grant | $8,108,722 | GrantAmt |
| Revenue | $71,858,449 | RevenueAmt |
| Desc | Student and Auxiliary Services - Student services provide students with additional enrichment and educational opportunities. Such services include athletics, student health and admissions. 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 $67.9 million, a increase of $1.4M from the prior year. Surpluses from auxiliary services support the operating budget of the University. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $59,490,405 | ExpenseAmt |
| Grant | $7,079,476 | GrantAmt |
| Revenue | $4,057,163 | RevenueAmt |
| Desc | Research 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $773,370,344 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 1409 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 11102 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | HR | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 44 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 41 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILAGROS CONCEPCION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5854752383 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Lomb Memorial Drive | AddressLine1Txt |
| City | Rochester | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 146235603 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (71 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| DAVID C MUNSON | |||||||||
| PRESIDENT | 40.0 | 0.1 | Yes (X) | Yes (X) | $855,833 | $0 | $103,123 | ||
| ANDREW N BRENNEMAN | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREW R JACOBSON | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| ANN L BURR | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| ARTHUR A GOSNELL | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| AUSTIN W MCCHORD | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| BRIAN P O'SHAUGHNESSY | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| BROOKS H BOWER | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| CAROL B CALA | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES S BROWN JR | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| CHESTER N WATSON | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTINE B WHITMAN | |||||||||
| TRUSTEE | 0.1 | 0.1 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER LEHFELDT | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| Clayton P Turner | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| DALE J DAVIS | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| DANA A MEHNERT | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| DARSHAN N HIRANANDANI | |||||||||
| TRUSTEE | 0.1 | 0.1 | Yes (X) | $0 | $0 | $0 | |||
| DAVID J BURNS | |||||||||
| TRUSTEE | 0.1 | 0.1 | Yes (X) | $0 | $0 | $0 | |||
| DINAH G GUELDENPFENNIG WEISBERG | |||||||||
| TRUSTEE | 0.1 | 0.1 | Yes (X) | $0 | $0 | $0 | |||
| DONALD J TRUESDALE | |||||||||
| TRUSTEE | 0.1 | 0.1 | Yes (X) | $0 | $0 | $0 | |||
| ERIC J BIEBER | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| ERIC J KUCKHOFF | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| ESSIE L CALHOUN-MCDAVID | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| FRANK S SKLARSKY | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| GERARD Q PIERCE | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| HYACINTH DRUMMOND | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| James P Swift | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY K HARRIS | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| JUDY B VON BUCHER | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| KEVIN J SURACE | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| KIM E VANGELDER | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| MARK E HAMISTER | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| MARK G BARBERIO | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| NITA GENOVA | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| Pamela Lloyd-Ogoke | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD A KAPLAN | |||||||||
| TRUSTEE | 0.1 | 0.1 | Yes (X) | $0 | $0 | $0 | |||
| RICK A KITTLES PHD | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT D MOORE JR | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT W AUGUST | |||||||||
| TRUSTEE | 0.1 | 0.1 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT W RICE | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| RONALD L ZARRELLA | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| RONALD S RICOTTA | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| ROOSEVELT MERCER JR | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| SANDRA A PARKER | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| SHARON D NAPIER | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| SHARON TING | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| SUSAN M PUGLIA | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| SUSAN R HOLLIDAY | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS F JUDSON JR | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| VICTORIA D GRIFFITH | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM A BUCKINGHAM | |||||||||
| TRUSTEE | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| DEBORAH M STENDARDI | |||||||||
| VP GOVT AND COMMUNITY RELATIONS | 40.0 | Yes (X) | $318,107 | $0 | $51,998 | ||||
| ELLEN M GRANBERG | |||||||||
| PROVOST AND SVP ACADEMIC AFFAIRS | 40.0 | 0.1 | Yes (X) | $446,213 | $0 | $45,348 | |||
| GERARD BUCKLEY | |||||||||
| PRESIDENT NTID & VP AND DEAN RIT | 40.0 | Yes (X) | $355,248 | $0 | $48,424 | ||||
| IAN J MORTIMER | |||||||||
| VP ENROLLMENT MGMT & ASSOC PROVOST, RIT CERTIFIED | 40.0 | 0.1 | Yes (X) | $326,884 | $0 | $33,649 | |||
| JAMES H WATTERS | |||||||||
| SVP FINANCE AND ADMINISTRATION | 40.0 | 0.1 | Yes (X) | $553,106 | $0 | $41,020 | |||
| JOHN K TRIERWEILER | |||||||||
| VP CHIEF MARKETING OFFICER | 40.0 | Yes (X) | $300,216 | $0 | $48,950 | ||||
| KEITH JENKINS | |||||||||
| VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION | 40.0 | Yes (X) | $227,823 | $0 | $49,390 | ||||
| LISA A CHASE | |||||||||
| VP & SECRETARY OF THE INSTITUTE | 40.0 | Yes (X) | $318,054 | $0 | $38,122 | ||||
| PHILLIP D CASTLEBERRY | |||||||||
| VP UNIVERSITY ADVANCEMENT | 40.0 | Yes (X) | $342,206 | $0 | $47,513 | ||||
| ROBERT COLON | |||||||||
| VP & GENERAL COUNSEL | 40.0 | Yes (X) | $268,240 | $0 | $48,507 | ||||
| RYNE RAFFAELLE | |||||||||
| VP RESEARCH | 40.0 | Yes (X) | $355,456 | $0 | $111,479 | ||||
| SANDRA S JOHNSON | |||||||||
| SVP STUDENT AFFAIRS | 40.0 | Yes (X) | $354,712 | $0 | $72,152 | ||||
| ANNE HAAKE | |||||||||
| DEAN GOLISANO COLLEGE OF COMPUTING AND INFO SCIENCES | 40.0 | $338,354 | $0 | $44,413 | Yes (X) | ||||
| DANIEL ORNT | |||||||||
| PROFESSOR | 40.0 | $453,863 | $0 | $45,470 | Yes (X) | ||||
| DONALD F FIGER | |||||||||
| PROF AND DIR CENTER FOR DETECTORS | 40.0 | $320,357 | $0 | $58,142 | Yes (X) | ||||
| JACQUELINE MOZRALL | |||||||||
| DEAN SAUNDERS COLLEGE OF BUSINESS | 40.0 | $386,279 | $0 | $91,059 | Yes (X) | ||||
| NABIL Z NASR | |||||||||
| ASSOC PROVOST DIR GOLISANO INST OF SUSTAINABILITY | 40.0 | $577,840 | $0 | $48,923 | Yes (X) | ||||
| CHRISTINE M LICATA | |||||||||
| FORMER INTERIM PROVOST | 40.0 | $278,016 | $0 | $37,833 | Yes (X) | ||||
| KAREN A BARROWS | |||||||||
| FORMER SECRETARY OF THE INST AND CHIEF OF STAFF | 40.0 | $142,692 | $0 | $22,771 | Yes (X) | ||||
| KATHERINE J MAYBERRY | |||||||||
| FORMER VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES | 40.0 | $260,168 | $0 | $35,224 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,779,667 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,123,510 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 655 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LECHASE CONSTRUCTION SERVICES LLC | |||||
| 205 INDIGO CREEK DR | ROCHESTER | NY | 14626 | CONSTRUCTION SERVICES | $11,676,414 |
| HBT ARCHITECTS LLP | |||||
| 2 ELTON STREET | ROCHESTER | NY | 14607 | ARCHITECT | $3,331,143 |
| FREDERICO CONSTRUCTION & DEVELOPMENT LLC | |||||
| 1017 CHILI AVENUE STE 1 | ROCHESTER | NY | 14611 | CONSTRUCTION SERVICES | $1,936,290 |
| BOND SCHOENECK & KING PLLC | |||||
| ONE LINCOLN CENTER | SYRACUSE | NY | 132021355 | LEGAL SERVICES | $721,434 |
| PRICEWATERHOUSE COOPERS LLP | |||||
| PO Box 7247-8001 | Philadelphia | PA | 19170 | Auditing Services | $385,350 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 27 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $7,250 | FundraisingAmt |
| Government Grants | $151,293,013 | GovernmentGrantsAmt |
| All Other Contributions | $27,971,385 | AllOtherContributionsAmt |
| Noncash Contributions | $7,242,796 | NoncashContributionsAmt |
| Total Contributions | $179,271,648 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition | 900099 | $587,206,366 | $587,206,366 | $0 | $0 |
| Auxiliary Services | 721000 | $63,903,112 | $0 | $0 | $63,903,112 |
| Research | 900099 | $1,698,701 | $0 | $0 | $1,698,701 |
| Non-credit Instruction | 900099 | $1,549,156 | $1,549,156 | $0 | $0 |
| Fees | 713990 | $1,547,161 | $74,952 | $0 | $1,472,209 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,259,592 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,969,957 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $289,635 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $662,164,088 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,011,302 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$721,649 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,732,951 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,189,999 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,189,999 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $410,898 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $410,898 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $363,212 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $758,550 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$395,338 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$395,338 | TotalRevenueColumnAmt |
| Exclusion | -$395,338 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $389,644,834 | SecuritiesAmt |
| Other | $65,645 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $340,951,420 | SecuritiesAmt |
| Other | $293,069 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $48,693,414 | SecuritiesAmt |
| Other | -$227,424 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,465,990 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $65,645 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,022,612 | UnrelatedBusinessRevenueAmt |
| Exclusion | $47,377,733 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $18,865 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $32,304 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$13,439 | TotalRevenueColumnAmt |
| Exclusion | -$13,439 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| RIT Inn and Conference Center | 721110 | $1,357,492 | $0 | $1,357,492 | $0 |
| Margaret's House | 624410 | $497,593 | $0 | $0 | $497,593 |
| Parking | 812930 | $998,350 | $998,350 | $0 | $0 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,614,598 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $750,304 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $506,915 | UnrelatedBusinessRevenueAmt |
| Exclusion | $357,379 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,468,033 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $909,573,181 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $596,614,730 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,165,370 | UnrelatedBusinessRevenueAmt |
| Exclusion | $131,521,433 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $320,987 | TotalAmt |
| Program Services | $320,987 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,681,069 | TotalAmt |
| Program Services | $292,681,069 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,635 | TotalAmt |
| Program Services | $53,635 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,174,616 | TotalAmt |
| Program Services | $1,014,336 | ProgramServicesAmt |
| Management And General | $3,134,342 | ManagementAndGeneralAmt |
| Fundraising | $1,025,938 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,652,937 | TotalAmt |
| Program Services | $257,961,972 | ProgramServicesAmt |
| Management And General | $22,284,011 | ManagementAndGeneralAmt |
| Fundraising | $5,406,954 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,195,075 | TotalAmt |
| Program Services | $19,668,706 | ProgramServicesAmt |
| Management And General | $2,037,595 | ManagementAndGeneralAmt |
| Fundraising | $488,774 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,843,410 | TotalAmt |
| Program Services | $46,581,171 | ProgramServicesAmt |
| Management And General | $3,979,765 | ManagementAndGeneralAmt |
| Fundraising | $1,282,474 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,406,805 | TotalAmt |
| Program Services | $17,197,813 | ProgramServicesAmt |
| Management And General | $1,781,621 | ManagementAndGeneralAmt |
| Fundraising | $427,371 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $309,920 | TotalAmt |
| Program Services | $98,853 | ProgramServicesAmt |
| Management And General | $211,067 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,582,809 | TotalAmt |
| Program Services | $256,588 | ProgramServicesAmt |
| Management And General | $1,322,260 | ManagementAndGeneralAmt |
| Fundraising | $3,961 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,797 | TotalAmt |
| Program Services | $1,590 | ProgramServicesAmt |
| Management And General | $365,207 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $371,014 | TotalAmt |
| Program Services | $3,301 | ProgramServicesAmt |
| Management And General | $354,166 | ManagementAndGeneralAmt |
| Fundraising | $13,547 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,947 | TotalAmt |
| Fundraising | $219,947 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,670 | TotalAmt |
| Management And General | $143,670 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,597,697 | TotalAmt |
| Program Services | $27,120,834 | ProgramServicesAmt |
| Management And General | $4,309,098 | ManagementAndGeneralAmt |
| Fundraising | $167,765 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,036,261 | TotalAmt |
| Program Services | $851,409 | ProgramServicesAmt |
| Management And General | $95,406 | ManagementAndGeneralAmt |
| Fundraising | $89,446 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,542,170 | TotalAmt |
| Program Services | $33,663,384 | ProgramServicesAmt |
| Management And General | $3,530,375 | ManagementAndGeneralAmt |
| Fundraising | $348,411 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,328,826 | TotalAmt |
| Program Services | $6,247,905 | ProgramServicesAmt |
| Management And General | $815,954 | ManagementAndGeneralAmt |
| Fundraising | $264,967 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,735 | TotalAmt |
| Program Services | $147,565 | ProgramServicesAmt |
| Fundraising | $12,170 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,048,324 | TotalAmt |
| Program Services | $10,427,482 | ProgramServicesAmt |
| Management And General | $604,305 | ManagementAndGeneralAmt |
| Fundraising | $16,537 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,634,105 | TotalAmt |
| Program Services | $5,411,892 | ProgramServicesAmt |
| Management And General | $171,075 | ManagementAndGeneralAmt |
| Fundraising | $51,138 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,912,059 | TotalAmt |
| Program Services | $11,003,064 | ProgramServicesAmt |
| Management And General | $908,995 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,788,013 | TotalAmt |
| Program Services | $38,337,298 | ProgramServicesAmt |
| Management And General | $3,442,816 | ManagementAndGeneralAmt |
| Fundraising | $7,899 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,452,301 | TotalAmt |
| Program Services | $2,298,600 | ProgramServicesAmt |
| Management And General | $153,701 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EXPENSE RECOVERIES FROM AFFILIATES | -$3,394,918 | -$2,717,593 | -$677,325 | |
| Postretirement Benefits ASC 715 | $3,388,868 | $3,003,128 | $377,245 | $8,495 |
| CONTINGENT LIABILITIES ASC 450 | $1,475,000 | $1,475,000 | ||
| Bad Debt Expense | $1,342,692 | $200 | $1,342,492 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,157,034 | TotalAmt |
| Program Services | $1,735,155 | ProgramServicesAmt |
| Management And General | -$588,432 | ManagementAndGeneralAmt |
| Fundraising | $10,311 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $834,790,858 | TotalAmt |
| Program Services | $773,370,344 | ProgramServicesAmt |
| Management And General | $51,574,409 | ManagementAndGeneralAmt |
| Fundraising | $9,846,105 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $315,555 | BOYAmt |
| EOY | $362,945 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,578,195 | BOYAmt |
| EOY | $128,820,626 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,179,996 | BOYAmt |
| EOY | $56,739,882 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,258,294 | BOYAmt |
| EOY | $34,301,074 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,045,476 | BOYAmt |
| EOY | $7,311,503 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,895,277 | BOYAmt |
| EOY | $8,965,041 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,321,643,368 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $640,999,159 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $672,455,569 | BOYAmt |
| EOY | $680,644,209 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $401,009,787 | BOYAmt |
| EOY | $456,616,112 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $869,991,834 | BOYAmt |
| EOY | $1,174,170,859 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,246,356 | BOYAmt |
| EOY | $2,560,609 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,165,976,339 | BOYAmt |
| EOY | $2,550,492,860 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,084,578 | BOYAmt |
| EOY | $58,536,167 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,318,516 | BOYAmt |
| EOY | $39,670,863 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $369,173,438 | BOYAmt |
| EOY | $355,424,806 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $544,283 | BOYAmt |
| EOY | $297,724 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $186,963,283 | BOYAmt |
| EOY | $187,546,369 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $644,084,098 | BOYAmt |
| EOY | $641,475,929 | 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 | $988,129,035 | BOYAmt |
| EOY | $1,212,508,223 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,763,206 | BOYAmt |
| EOY | $696,508,708 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,521,892,241 | BOYAmt |
| EOY | $1,909,016,931 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,165,976,339 | BOYAmt |
| EOY | $2,550,492,860 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $74,782,323 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $312,342,367 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $127,717,231 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $184,910,902 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $170,142,556 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $168,103,868 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $179,255,670 | CurrentTaxYearAmt |
| Total | $830,130,227 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $127,717,231 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $184,910,902 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $170,142,556 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $168,103,868 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $179,255,670 | CurrentTaxYearAmt |
| Total | $830,130,227 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $32,656,581 | SubstantialContributorsTotAmt |
| Public Support Total170 | $797,473,646 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,376,022 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,252,127 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,365,158 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,005,898 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,697,060 | CurrentTaxYearAmt |
| Total | $89,696,265 | 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 | $1,896,844 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,995,983 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,472,892 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,154,893 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $873,837 | CurrentTaxYearAmt |
| Total | $7,394,449 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $927,220,941 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,716,017,880 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.8601 | PublicSupportCY170Pct |
| Public Support PY170 | 0.8506 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - COMMISSIONS - BOOKSTORE, COLUMN A - 971660.0, COLUMN B - 971660.0, COLUMN C - 509756.0, COLUMN D - 434951.0, COLUMN E - 331281.0, COLUMN F - 3219308.0; DESCRIPTION - MARGARETS HOUSE, COLUMN A - 861031.0, COLUMN B - 977198.0, COLUMN C - 915451.0, COLUMN D - 694246.0, COLUMN E - 497593.0, COLUMN F - 3945519.0; DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 21828.0, COLUMN B - 21455.0, COLUMN C - 22685.0, COLUMN D - 0.0, COLUMN E - 18865.0, COLUMN F - 84833.0; DESCRIPTION - ALL OTHER REVENUE, COLUMN A - 42325.0, COLUMN B - 25670.0, COLUMN C - 25000.0, COLUMN D - 25696.0, COLUMN E - 26098.0, COLUMN F - 144789.0; | ExplanationTxt |
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
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $420,107 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $420,107 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $772,950,237 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $773,370,344 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $395,030 | CurrentYearMinus3Amt |
| Current Year Minus2 | $425,595 | CurrentYearMinus2Amt |
| Current Year Minus1 | $427,899 | CurrentYearMinus1Amt |
| Current Year | $420,107 | CurrentYearAmt |
| Total | $1,668,631 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $0 | CurrentYearMinus3Amt |
| Current Year Minus2 | $0 | CurrentYearMinus2Amt |
| Current Year Minus1 | $0 | CurrentYearMinus1Amt |
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Total Easements | 1 | TotalEasementsCnt |
| Total Acreage | 32.0 | TotalAcreageCnt |
| Historic Structure Easements | 0 | HistoricStructureEasementsCnt |
| Historic Strctr Easements Aftr | 0 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $35,499 | RevenuesIncludedAmt |
| Assets Included | $13,072,982 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | EDUCATION | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $954,031,784 | BeginningYearBalanceAmt |
| Contributions | $18,330,753 | ContributionsAmt |
| Investment Earnings Or Losses | $368,607,253 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,433,384 | GrantsOrScholarshipsAmt |
| Other Expenditures | $28,663,721 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $1,302,872,685 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $957,232,492 | BeginningYearBalanceAmt |
| Contributions | $10,038,241 | ContributionsAmt |
| Investment Earnings Or Losses | $26,304,222 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,142,719 | GrantsOrScholarshipsAmt |
| Other Expenditures | $30,400,452 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $954,031,784 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $938,162,179 | BeginningYearBalanceAmt |
| Contributions | $11,604,688 | ContributionsAmt |
| Investment Earnings Or Losses | $42,696,485 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,498,740 | GrantsOrScholarshipsAmt |
| Other Expenditures | $26,732,120 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $957,232,492 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $847,211,461 | BeginningYearBalanceAmt |
| Contributions | $42,513,404 | ContributionsAmt |
| Investment Earnings Or Losses | $82,689,101 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,919,050 | GrantsOrScholarshipsAmt |
| Other Expenditures | $26,332,737 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $938,162,179 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $750,894,725 | BeginningYearBalanceAmt |
| Contributions | $16,532,778 | ContributionsAmt |
| Investment Earnings Or Losses | $108,843,391 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,395,557 | GrantsOrScholarshipsAmt |
| Other Expenditures | $21,663,876 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $847,211,461 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.5298 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.4678 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0024 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,924,062 | OtherCostOrOtherBasisAmt |
| Book Value | $11,924,062 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,112,505,530 | OtherCostOrOtherBasisAmt |
| Depreciation | $530,566,832 | DepreciationAmt |
| Book Value | $581,938,698 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $153,735,757 | OtherCostOrOtherBasisAmt |
| Depreciation | $110,432,327 | DepreciationAmt |
| Book Value | $43,303,430 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $43,478,019 | OtherCostOrOtherBasisAmt |
| Book Value | $43,478,019 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $680,644,209 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| BENEFICIAL INTERESTS IN TRUSTS | $2,133,638 | F |
| CASH SURRENDER VALUE OF LIFE INSURANCE | $224,859 | F |
| COMMINGLED EQUITY FUNDS | $352,127,504 | F |
| COMMINGLED FIXED INCOME FUNDS | $4,398,395 | F |
| PRIVATE PLACEMENTS | $525,161,178 | F |
| HEDGE FUNDS | $273,047,165 | F |
| CDARS HELD FOR INVESTMENT | $17,078,120 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,174,170,859 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| FEDERAL PERKINS LOAN PROGRAM | $15,535,108 |
| ASSET RETIREMENT OBLIGATIONS | $26,993,002 |
| ASC 715 POSTRETIREMENT BENEFITS OBLIGATION | $138,803,695 |
| RIGHT-OF-USE FINANCE LEASE OBLIGATION | $853,007 |
| ALL OTHER | $5,361,557 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $187,546,369 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part II, Line 9 Conservation easements financial reporting | IN 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 collections | THE 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 funds | THE 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) footnote | THE 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 OF WHICH RIT IS THE INVESTOR MEMBER, IS CLASSIFIED AS A DISREGARDED ENTITY 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | RIT'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 GOVERNMENT | THE 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 experiencing financial hardship specifically due to the disruption of campus operations as a result of the COVID-19 pandemic, for expenses related to any component of the student's cost of attendance, and/or for emergency costs that arise due to coronavirus. All HEERF II funds (Institutional and Student) and all Institutional HEERF III funds were expended in fiscal year 2021. NTID received funds to prevent, prepare for, and respond to coronavirus, including to defray expenses associated with coronavirus and to enable grants to students. NTID has expended a portion of the CRRSAA funding during fiscal year 2021. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| Central America and the Caribbean | Investments | $310,310,059 |
| Europe (Including Iceland and Greenland) | Investments | $47,943,947 |
| North America (Canada & Mexico only) | Investments | $863,762 |
| Middle East and North Africa | Investments | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $359,367,768 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $359,367,768 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Research related to environmental, social and cultural change in contemporary Greenland | $18,459 | Wire |
| North America (Canada & Mexico only) | Provide clinical and imaging expertise complementary to computational biomedicine expertise at RIT. | $27,176 | Check |
| Middle East and North Africa | SPONSORSHIP FOR RIT DUBAI SAILING TIGERS TO PARTICIPATE IN SAILING COMPETITION | $8,000 | BANK TRANSFER |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|---|
| RUFFALO NOEL LEVITZ | |||||||||
| 1025 KIRKWOOD PARKWAY SW ATTENTION | CFO | CEDAR RAPIDS | IA | 524048629 | ADVISORS TO THE UNIVERSITY ON SECURING PLEDGES AND DONATIONS | false | $0 | $204,948 | -$204,948 |
| GENEROUS CHANGE | |||||||||
| 2559 ALABAMA STREET | LAWRENCE | KS | 66046 | VIRTUAL FUNDRAISING ACADEMY, ANNUAL SUBSCRIPTION TO ACCESS LIVE TRAININGS AND ONLINE VIDEO LIBRARY | false | $0 | $14,999 | -$14,999 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $0 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $219,947 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$219,947 | TotalNetToOrganizationAmt |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | TIGER OPEN | Event1Nm |
| Gross Receipts Event1 | $26,115 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $7,250 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $18,865 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $500 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $7,005 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $9,090 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $15,709 | OtherDirectExpensesEvent1Amt |
| Gross Revenue Event2 | $0 | GrossRevenueEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $26,115 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $7,250 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $18,865 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $500 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $7,005 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $9,090 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $15,709 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $32,304 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$13,439 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. | FormAndLineReferenceDesc |
| Explanation | RUFFALO 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 THE CONTENT, VOLUME, AND FREQUENCY OF ALL SOLICITATIONS. RIT SECURES PLEDGES AND DONATIONS TO SUPPORT THE OPERATIONAL ACTIVITIES. THE SPECIFIC APPLICATION OF THE FUND WILL BE AT THE DISCRETION OF RIT.;GENEROUS CHANGE-N/A; | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AMERICAN SOCIETY FOR DEAF CHILDREN | ||||||||
| 800 Florida Avenue NE NO 2047 | Washington | DC | 20002 | 521297104 | 501C3 | $30,000 | Event Sponsorship | |
| ATOMIC HANDS | ||||||||
| 3916 Wallace Rd | Capitol Heights | MD | 207433251 | 844020988 | 501C3 | $7,000 | Sponsorship | |
| DISTRIBUTIVE EDUCATION CLUBS OF AMER INC | ||||||||
| 1908 Association Drive | Reston | VA | 20191 | 237079474 | 501C3 | $7,000 | Sponsorship | |
| FIVEBYFIVE INC | ||||||||
| 202 Clovercrest Dr | Rochester | NY | 14618 | 812811468 | $6,496 | Event Sponsorship | ||
| GEORGIA DEPARTMENT OF EDUCATION | ||||||||
| 205 Jesse Hill Jr Dr | Atlanta | GA | 30334 | 586002042 | State of GA | $9,000 | Sponsorship | |
| GREATER ROCHESTER CHAMBER OF COMMERCE | ||||||||
| 150 State Street | Rochester | NY | 14614 | 510439860 | 501C6 | $7,500 | Event Sponsorship | |
| GREATER ROCHESTER ENTERPRISE INC | ||||||||
| One HSBC Plaza | Rochester | NY | 14604 | 100000080 | 501C6 | $37,500 | Sponsorship | 100 Chestnut St Suite 1910 |
| HANDS & VOICES INC | ||||||||
| 5255 Saddle Drive | Colorado Springs | CO | 809183631 | 201549740 | 501C3 | $20,000 | Event Sponsorship | |
| HENRIETTA FIRE DISTRICT | ||||||||
| 850 Bailey Rd | W Henrietta | NY | 14586 | 160974231 | State of NY | $45,000 | General Support | |
| MARK SEVEN DEAF FOUNDATION | ||||||||
| 144 Mohawk Hotel Road | Old Forge | NY | 13420 | 521158675 | 501C3 | $15,000 | Event Sponsorship | |
| METRO DEAF SCHOOL INC | ||||||||
| 1125 Energy Park Drive | Saint Paul | MN | 55108 | 411730003 | 501C3 | $5,370 | Sponsorship | |
| NATIONAL ALLIANCE FOR PARTNERSHIPS In Equity | ||||||||
| 91 Newport Pike | Gap | PA | 17527 | 680328221 | 501C6 | $8,000 | Event Sponsorship | |
| NATIONAL ASSOCIATION OF THE DEAF | ||||||||
| 8630 Fenton St | Silver Spring | MD | 20910 | 941358295 | 501C3 | $28,000 | Event Sponsorship | |
| ROCHESTER REGIONAL HEALTH FOUNDATION | ||||||||
| 100 Kings Highway South | Rochester | NY | 14617 | 222229425 | 501C3 | $25,075 | Event Sponsorship | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 4 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIP | 14839 | $275,452,950 |
| GRADUATE RESEARCH ASSISTANCE | 462 | $7,775,643 |
| FELLOWSHIPS | 45 | $363,592 |
| STUDENT LEADERS AND ENTREPRENEURS | 71 | $136,204 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part III NUMBER OF RECIPIENTS | THE 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | 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 | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID C MUNSON | ||||||||||||||
| PRESIDENT | $768,888 | $0 | $44,246 | $0 | $42,699 | $0 | $25,650 | $0 | $77,473 | $0 | $958,956 | $0 | $0 | $0 |
| JAMES H WATTERS | ||||||||||||||
| SVP FINANCE AND ADMINISTRATION | $517,806 | $0 | $21,126 | $0 | $14,174 | $0 | $28,500 | $0 | $12,520 | $0 | $594,126 | $0 | $0 | $0 |
| ELLEN M GRANBERG | ||||||||||||||
| PROVOST AND SVP ACADEMIC AFFAIRS | $431,685 | $0 | $13,843 | $0 | $685 | $0 | $25,650 | $0 | $19,698 | $0 | $491,561 | $0 | $0 | $0 |
| RYNE RAFFAELLE | ||||||||||||||
| VP RESEARCH | $341,017 | $0 | $0 | $0 | $14,439 | $0 | $28,500 | $0 | $82,979 | $0 | $466,935 | $0 | $0 | $0 |
| SANDRA S JOHNSON | ||||||||||||||
| SVP STUDENT AFFAIRS | $337,792 | $0 | $5,992 | $0 | $10,928 | $0 | $25,650 | $0 | $46,502 | $0 | $426,864 | $0 | $0 | $0 |
| GERARD BUCKLEY | ||||||||||||||
| PRESIDENT NTID & VP AND DEAN RIT | $348,193 | $0 | $0 | $0 | $7,055 | $0 | $28,500 | $0 | $19,924 | $0 | $403,672 | $0 | $0 | $0 |
| PHILLIP D CASTLEBERRY | ||||||||||||||
| VP UNIVERSITY ADVANCEMENT | $336,392 | $0 | $0 | $0 | $5,814 | $0 | $25,650 | $0 | $21,863 | $0 | $389,719 | $0 | $0 | $0 |
| DEBORAH M STENDARDI | ||||||||||||||
| VP GOVT AND COMMUNITY RELATIONS | $288,617 | $0 | $0 | $0 | $29,490 | $0 | $28,500 | $0 | $23,498 | $0 | $370,105 | $0 | $0 | $0 |
| IAN J MORTIMER | ||||||||||||||
| VP ENROLLMENT MGMT & ASSOC PROVOST, RIT CERTIFIED | $295,116 | $0 | $0 | $0 | $31,768 | $0 | $7,046 | $0 | $26,603 | $0 | $360,533 | $0 | $0 | $0 |
| LISA A CHASE | ||||||||||||||
| VP & SECRETARY OF THE INSTITUTE | $315,744 | $0 | $0 | $0 | $2,310 | $0 | $28,500 | $0 | $9,622 | $0 | $356,176 | $0 | $0 | $0 |
| JOHN K TRIERWEILER | ||||||||||||||
| VP CHIEF MARKETING OFFICER | $288,687 | $0 | $0 | $0 | $11,529 | $0 | $25,650 | $0 | $23,300 | $0 | $349,166 | $0 | $0 | $0 |
| ROBERT COLON | ||||||||||||||
| VP & GENERAL COUNSEL | $266,801 | $0 | $0 | $0 | $1,439 | $0 | $27,452 | $0 | $21,055 | $0 | $316,747 | $0 | $0 | $0 |
| KEITH JENKINS | ||||||||||||||
| VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION | $217,486 | $0 | $0 | $0 | $10,337 | $0 | $22,533 | $0 | $26,857 | $0 | $277,213 | $0 | $0 | $0 |
| NABIL Z NASR | ||||||||||||||
| ASSOC PROVOST DIR GOLISANO INST OF SUSTAINABILITY | $462,483 | $0 | $0 | $0 | $115,357 | $0 | $28,500 | $0 | $20,423 | $0 | $626,763 | $0 | $0 | $0 |
| DANIEL ORNT | ||||||||||||||
| PROFESSOR | $445,260 | $0 | $0 | $0 | $8,603 | $0 | $25,650 | $0 | $19,820 | $0 | $499,333 | $0 | $0 | $0 |
| JACQUELINE MOZRALL | ||||||||||||||
| DEAN SAUNDERS COLLEGE OF BUSINESS | $351,296 | $0 | $0 | $0 | $34,983 | $0 | $28,500 | $0 | $62,559 | $0 | $477,338 | $0 | $0 | $0 |
| ANNE HAAKE | ||||||||||||||
| DEAN GOLISANO COLLEGE OF COMPUTING AND INFO SCIENCES | $334,593 | $0 | $0 | $0 | $3,761 | $0 | $28,500 | $0 | $15,913 | $0 | $382,767 | $0 | $0 | $0 |
| DONALD F FIGER | ||||||||||||||
| PROF AND DIR CENTER FOR DETECTORS | $287,420 | $0 | $0 | $0 | $32,937 | $0 | $21,823 | $0 | $36,319 | $0 | $378,499 | $0 | $0 | $0 |
| CHRISTINE M LICATA | ||||||||||||||
| FORMER INTERIM PROVOST | $270,973 | $0 | $0 | $0 | $7,043 | $0 | $27,584 | $0 | $10,249 | $0 | $315,849 | $0 | $0 | $0 |
| KATHERINE J MAYBERRY | ||||||||||||||
| FORMER VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES | $239,516 | $0 | $0 | $0 | $20,652 | $0 | $24,397 | $0 | $10,827 | $0 | $295,392 | $0 | $0 | $0 |
| KAREN A BARROWS | ||||||||||||||
| FORMER SECRETARY OF THE INST AND CHIEF OF STAFF | $140,626 | $0 | $0 | $0 | $2,066 | $0 | $14,214 | $0 | $8,557 | $0 | $165,463 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Travel for companions | WHEN 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 use | DUE 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 fees | THE UNIVERSITY PAYS SOCIAL CLUB INITIATION FEES AND DUES FOR NINE 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 expenses | EACH OF THE BENEFITS INDICATED IS AVAILABLE TO THE PRESIDENT; CERTAIN OF THESE BENEFITS ARE AVAILABLE TO SELECT OFFICERS. 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 COMPENSATION | THE 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 ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| DASNY RIT SERIES 2006A | ||||||||
| A | 146000293 | 64983QF38 | 2006-05-04 | $61,706,239 | SEE SUPPLEMENTAL INFORMATION | false | false | false |
| DASNY RIT SERIES 2012A | ||||||||
| B | 146000293 | 649907HM7 | 2012-12-12 | $168,217,368 | SEE SUPPLEMENTAL INFORMATION | Yes (true) | false | false |
| DASNY RIT Series 2019A | ||||||||
| C | 146000293 | 64990GTN2 | 2019-10-08 | $143,479,011 | SEE SUPPLEMENTAL INFORMATION | false | false | false |
| DASNY RIT Series 2020A | ||||||||
| D | 146000293 | 64990GUV2 | 2020-04-03 | $57,366,744 | SEE SUPPLEMENTAL INFORMATION | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $47,240,000 | $0 | $61,710,620 | $0 | $0 | $0 | $457,585 | $470,127 | $15,809 | $0 | $60,767,099 | $0 | 2000 | false | Yes (true) | Yes (true) | Yes (true) |
| B | $6,475,000 | $136,050,000 | $168,328,534 | $0 | $2,881,587 | $0 | $854,858 | $0 | $0 | $58,089,438 | $109,384,237 | $0 | 2015 | false | Yes (true) | Yes (true) | Yes (true) |
| C | $0 | $0 | $147,107,804 | $0 | $0 | $0 | $647,850 | $0 | $0 | $10,171,030 | $22,669,875 | $113,619,049 | false | false | false | Yes (true) | |
| D | $545,000 | $0 | $57,371,208 | $0 | $0 | $0 | $341,939 | $0 | $0 | $0 | $57,029,269 | $0 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0.0 | 0.0 | 0.0 | |||||||||
| B | 0.0003 | 0.0 | 0.0003 | false | Yes (true) | Yes (true) | false | Yes (true) | false | false | false | Yes (true) |
| C | 0.0001 | 0.0 | 0.0001 | false | Yes (true) | Yes (true) | false | Yes (true) | false | false | false | Yes (true) |
| D | 0.0001 | 0.0 | 0.0001 | false | Yes (true) | Yes (true) | false | Yes (true) | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
| B | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
| C | false | Yes (true) | false | false | false | false | false | false | Yes (true) |
| D | false | Yes (true) | false | false | false | false | false | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (16 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part II, Line 11 LINE 11B, SERIES 2012 | OTHER 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 2006A | LINE 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 2006A | OTHER 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 RESPECTIVELY | TOTAL PROCEEDS OF ISSUE, INCLUDES INVESTMENT PROCEEDS OF: 2006A: $4,381; 2012: $111,166; 2019A: $3,628,793; AND 2020A: $4,464 RESPECTIVELY. |
| Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2012 | LINE 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 2012 | ORIGINAL 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 2006A | ORIGINAL 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 2006A | WORKING 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 2019A | OTHER 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 2019A | LINE C (f): THE SERIES 2019A PROJECT CONSISTS OF THE CONSTRUCTION OF A NEW INNOVATIVE MAKER AND LEARNING COMPLEX, 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 2020A | LINE D (f): THE SERIES 2020A PROJECT CONSISTS OF REFUNDING A PORTION OF SERIES 2010 BONDS. |
| Schedule K, Part II, Line 11 LINE 11D, SERIES 2020A | OTHER 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 2019A | ORIGINAL 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 2020A | ORIGINAL 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 A | Issuer 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 B | Issuer 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $94,402 | CashGrantAmt |
| Type Of Assistance | TUITION WAIVER | TypeOfAssistanceTxt |
| Assistance Purpose | GENERAL SUPPORT | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| DEVON WATTERS | |||
| FAMILY MEMBER OF OFFICER | $53,230 | PAYMENT OF COMPENSATION | false |
| ODESSA DESPOT | |||
| FAMILY MEMBER OF OFFICER | $81,119 | PAYMENT OF COMPENSATION | false |
| MCLEAN BULMER | |||
| FAMILY MEMBER OF TRUSTEE | $69,495 | PAYMENT OF COMPENSATION | false |
| NATALIE SURACE | |||
| FAMILY MEMBER OF TRUSTEE | $55,864 | PAYMENT OF COMPENSATION | false |
| BARRY CULHANE | |||
| FAMILY MEMBER OF OFFICER | $47,550 | PAYMENT OF COMPENSATION | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $35,499 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 72 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,960,278 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,151,300 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Opinions of experts | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $112,311 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Equipment | 23 | $1,794,806 | Market value |
| Yes (X) | Consumables | 6 | $189,172 | Market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 3 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule M, Part I LINES 1-28, COLUMN B | THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. |
| Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions | THE 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 contributions | Art - Works of art - Number of contributions Securities - Publicly traded - Number of contributions Collectibles - Number of contributions Other - Equipment Number of contributions Other - Consumables Number of contributions |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | COMPLEMAR PARTNERS INC: SUSAN R HOLLIDAY (BOARD MEMBER) AND CHRISTINE B WHITMAN (CHAIR AND CEO) - Business relationship, VNOMICS CORP: RICHARD A KAPLAN (DIRECTOR) AND RONALD L ZARRELLA (CHAIR, OWNER OF > 10% OF COMPANY) - Business relationship, FINANCIAL INSTITUTIONS INC: SUSAN HOLLIDAY (VICE CHAIR AND DIRECTOR) AND KIM VANGELDER (DIRECTOR ) - Business relationship |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | PRIOR TO FILING THE RETURN, THE PREPARED RIT FORM 990 WAS PROVIDED TO THE MEMBERS OF THE AUDIT COMMITTEE AND SUBSEQUENTLY PRESENTED FOR REVIEW AT A REGULARLY SCHEDULED AUDIT 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 policy | THE 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 TO THE UNIVERSITY AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE UNIVERSITY. IN ANY EVENT, SUCH MEMBERS WILL NEITHER VOTE, NOR DISCHARGE HIS/HER 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 official | THE EXECUTIVE COMPENSATION SUBCOMMITTEE 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 SUBCOMMITTEE 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 SUBCOMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE PRESIDENT AND A PROPOSAL FOR THE PRESIDENT'S COMPENSATION. BIENNIALLY THE EXECUTIVE COMPENSATION SUBCOMMITTEE 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 employees | THE EXECUTIVE COMPENSATION SUBCOMMITTEE 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 SUBCOMMITTEE 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 SUBCOMMITTEE 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 public | THE 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 25 | VANESSA J HERMAN: VP GOVT & COMMUNITY RELATIONS: DUTIES BEGAN IN JANUARY 2021. HENCE, NO REPORTABLE COMPENSATION FOR CALENDAR YEAR ENDING DECEMBER 31, 2020. |
| Form 990, Part VII, Section A LINE 4 | DANIEL ORNT: PROFESSOR: RESIGNED PREVIOUS POSITION OF VP AND DEAN INST OF HEALTH SCIENCES AND TECH ON JUNE 30, 2020 AND TITLE EFFECTIVE JULY 1, 2020 IS PROFESSOR. |
| Form 990, Part VII, Section A LINE 18 | CHRISTINE 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 19 | KATHERINE J MAYBERRY: FORMER VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES: RESIGNED PREVIOUS POSITION OF VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES ON JUNE 30, 2019 AND IS NOW SENIOR ADVISOR FOR STUDENT DIVERSITY OUTREACH, ENROLLMENT AND RETENTION. |
| Form 990, Part VII, Section A LINE 21 | KAREN 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 Revenue | All Other Program Services Revenue - Total Revenue: 6259592, Related or Exempt Function Revenue: 5969957, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 289635; |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | Other - Total Revenue: 1614598, Related or Exempt Function Revenue: 750304, Unrelated Business Revenue: 506915, Revenue Excluded from Tax Under Sections 512, 513, or 514: 357379; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|
| 5257 W HENRIETTA ROAD LLC | |||||||||
| 5257 W HENRIETTA RD | HENRIETTA | NY | 14586 | 161609483 | OWN REAL PROPERTY | NY | $3,373,734 | $23,810,338 | ROCHESTER INSTITUTE OF TECHNOLOGY |
| MAGIC SPELL STUDIOS LLC | |||||||||
| ONE LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | 464163650 | DIGITAL RESEARCH CENTER | NY | $96,478 | $42,335 | ROCHESTER INSTITUTE OF TECHNOLOGY |
| RIT VENTURE FUND I LLC | |||||||||
| 5 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | 455183880 | INVESTMENTS | DE | $8,933 | $203,312 | ROCHESTER INSTITUTE OF TECHNOLOGY |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| RIT GLOBAL DELIVERY CORPORATION | ||||||||||
| 7 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | 201151703 | EDUCATIONAL PURPOSES | NY | 501(c)(3) | 11 | ROCHESTER INSTITUTE OF TECHNOLOGY | false |
| RIT CAMPUS CLUB INC | ||||||||||
| 39 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | 161201526 | SUPPORT RIT | NY | 501(c)(3) | 11 | ROCHESTER INSTITUTE OF TECHNOLOGY | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| RIT CAMPUS CLUB INC | |
| A | $740,766 |
| RIT CAMPUS CLUB INC | |
| L | $1,797,492 |
| RIT CAMPUS CLUB INC | |
| R | $1,480,462 |
| RIT GLOBAL DELIVERY CORPORATION | |
| S | $974,261 |